(FER) Ferrovial SE - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NASDAQ (USA) | Market Cap: 48.170m USD | Total Return: 28.1% in 12m
Avg Turnover: 96.5M
Warnings
Altman Z'' 0.95 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Ferrovial SE is a global infrastructure developer and operator headquartered in the Netherlands, specializing in high-concession assets across North America and Europe. The company manages a diversified portfolio through four primary segments: Highways, Airports, Construction, and Energy. Its business model focuses on long-term infrastructure concessions, such as toll roads and airport management, which typically generate inflation-linked revenue streams through user fees.
The company maintains a significant presence in the United States and Canada, markets that often utilize Public-Private Partnerships (P3s) to fund large-scale civil engineering projects. Beyond traditional transport, Ferrovial has expanded into energy transmission and renewable energy infrastructure to diversify its asset base. For a deeper look into the companys valuation metrics, consider reviewing the latest data on ValueRay. Founded in 1952, the firm operates as a vertically integrated entity, handling the design, financing, and maintenance of the critical infrastructure it builds.
- U.S. managed lane traffic volume drives long-term toll road revenue growth
- Interest rate fluctuations impact financing costs for capital-intensive infrastructure projects
- Heathrow Airport passenger recovery and regulatory pricing decisions affect aviation margins
- North American construction backlog expansion dictates near-term engineering and services profitability
- Global shift toward renewable energy infrastructure creates new long-term capital expenditure opportunities
| Net Income: 888.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.57 > 1.0 |
| NWC/Revenue: 9.11% < 20% (prev 14.58%; Δ -5.47% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.47b > Net Income 888.0m |
| Net Debt (6.79b) to EBITDA (1.60b): 4.24 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (720.0m) vs 12m ago -0.29% < -2% |
| Gross Margin: 87.89% > 18% (prev 0.87%; Δ 8.70k% > 0.5%) |
| Asset Turnover: 32.91% > 50% (prev 32.42%; Δ 0.49% > 0%) |
| Interest Coverage Ratio: 8.07 > 6 (EBITDA TTM 1.60b / Interest Expense TTM 138.0m) |
| A: 0.03 (Total Current Assets 7.31b - Total Current Liabilities 6.46b) / Total Assets 27.4b |
| B: 0.10 (Retained Earnings 2.79b / Total Assets 27.4b) |
| C: 0.04 (EBIT TTM 1.11b / Avg Total Assets 28.2b) |
| D: 0.14 (Book Value of Equity 2.79b / Total Liabilities 19.8b) |
| Altman-Z'' = 0.95 = BB |
| DSRI: 1.35 (Receivables 2.17b/1.62b, Revenue 9.28b/9.40b) |
| GMI: 0.99 (GM 87.89% / 87.34%) |
| AQI: 0.98 (AQ_t 0.69 / AQ_t-1 0.70) |
| SGI: 0.99 (Revenue 9.28b / 9.40b) |
| TATA: -0.02 (NI 888.0m - CFO 1.47b) / TA 27.4b) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 67.48 with a total of 1,231,308 shares traded.
Over the past week, the price has changed by +1.52%,
over one month by +0.48%,
over three months by -4.53% and
over the past year by +28.07%.
Ferrovial SE has no consensus analysts rating.
Market Cap EUR = 41.4b (48.2b USD * 0.859 USD.EUR)
P/E Trailing = 49.4044
P/E Forward = 54.3478
P/S = 5.0036
P/B = 6.9304
P/EG = 5.0834
Revenue TTM = 9.28b EUR
EBIT TTM = 1.11b EUR
EBITDA TTM = 1.60b EUR
Long Term Debt = 9.36b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.16b EUR (from shortTermDebt, last quarter)
Debt = 11.0b EUR (from shortLongTermDebtTotal, last quarter) + Leases 305.0m
Net Debt = 6.79b EUR (calculated: Debt 11.0b - CCE 4.24b)
Enterprise Value = 48.2b EUR (41.4b + Debt 11.0b - CCE 4.24b)
Interest Coverage Ratio = 8.07 (Ebit TTM 1.11b / Interest Expense TTM 138.0m)
EV/FCF = 52.08x (Enterprise Value 48.2b / FCF TTM 925.0m)
FCF Yield = 1.92% (FCF TTM 925.0m / Enterprise Value 48.2b)
FCF Margin = 9.96% (FCF TTM 925.0m / Revenue TTM 9.28b)
Net Margin = 9.57% (Net Income TTM 888.0m / Revenue TTM 9.28b)
Gross Margin = 87.89% ((Revenue TTM 9.28b - Cost of Revenue TTM 1.12b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 1.76 (Enterprise Value 48.2b / Total Assets 27.4b)
Interest Expense / Debt = 1.25% (Interest Expense 138.0m / Debt 11.0b)
Taxrate = 21.0% (US default 21%)
NOPAT = 880.1m (EBIT 1.11b * (1 - 21.00%))
Current Ratio = 1.13 (Total Current Assets 7.31b / Total Current Liabilities 6.46b)
Debt / Equity = 1.87 (Debt 11.0b / totalStockholderEquity, last quarter 5.91b)
Debt / EBITDA = 4.24 (Net Debt 6.79b / EBITDA 1.60b)
Debt / FCF = 7.35 (Net Debt 6.79b / FCF TTM 925.0m)
Total Stockholder Equity = 5.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.15% (Net Income 888.0m / Total Assets 27.4b)
RoE = 14.94% (Net Income TTM 888.0m / Total Stockholder Equity 5.95b)
RoCE = 7.28% (EBIT 1.11b / Capital Employed (Equity 5.95b + L.T.Debt 9.36b))
RoIC = 3.98% (NOPAT 880.1m / Invested Capital 22.1b)
WACC = 6.66% (E(41.4b)/V(52.4b) * Re(8.17%) + D(11.0b)/V(52.4b) * Rd(1.25%) * (1-Tc(0.21)))
Discount Rate = 8.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -47.14 | Cagr: -2.37%
[DCF] Terminal Value 77.78% ; FCFF base≈880.2m ; Y1≈998.6m ; Y5≈1.43b
[DCF] Fair Price = 20.63 (EV 21.6b - Net Debt 6.79b = Equity 14.8b / Shares 716.9m; r=8.35% [WACC [floored]]; 5y FCF grow 13.78% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 92.43 | Revenue CAGR: 7.45% | SUE: 0.17 | # QB: 0
EPS current Year (2026-12-31): EPS=1.25 | Chg30d=+15.66% | Revisions=-20% | GrowthEPS=+32.0% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=1.29 | Chg30d=+2.79% | Revisions=-20% | GrowthEPS=+3.2% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: -20%