66.08 USD
-0.51 (-0.77%)
66.41 USD
+0.33 (+0.5%)
Taking everything into account, FER scores 4 out of 10 in our fundamental rating. FER was compared to 55 industry peers in the Construction & Engineering industry. While FER belongs to the best of the industry regarding profitability, there are concerns on its financial health. FER is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FER had positive earnings in the past year.
In the past year FER had a positive cash flow from operations.
FER had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FER had a positive operating cash flow.
1.2 Ratios
FER has a Return On Assets of 12.67%. This is amongst the best in the industry. FER outperforms 83.64% of its industry peers.
FER has a better Return On Equity (57.04%) than 92.73% of its industry peers.
With a Return On Invested Capital value of 3.63%, FER is not doing good in the industry: 61.82% of the companies in the same industry are doing better.
FER had an Average Return On Invested Capital over the past 3 years of 2.34%. This is significantly below the industry average of 17.30%.
The 3 year average ROIC (2.34%) for FER is below the current ROIC(3.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.67% | ||
| ROE | 57.04% | ||
| ROIC | 3.63% |
ROA(3y)4.52%
ROA(5y)3.3%
ROE(3y)23.24%
ROE(5y)17.1%
ROIC(3y)2.34%
ROIC(5y)1.88%
1.3 Margins
FER has a Profit Margin of 35.99%. This is amongst the best in the industry. FER outperforms 98.18% of its industry peers.
In the last couple of years the Profit Margin of FER has grown nicely.
The Operating Margin of FER (10.13%) is better than 72.73% of its industry peers.
FER's Operating Margin has improved in the last couple of years.
FER's Gross Margin of 87.83% is amongst the best of the industry. FER outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of FER has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.13% | ||
| PM (TTM) | 35.99% | ||
| GM | 87.83% |
OM growth 3Y26.04%
OM growth 5YN/A
PM growth 3Y27.17%
PM growth 5Y52.49%
GM growth 3Y4.45%
GM growth 5Y4.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FER is destroying value.
The number of shares outstanding for FER has been reduced compared to 1 year ago.
Compared to 5 years ago, FER has less shares outstanding
FER has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.81, we must say that FER is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FER (1.81) is worse than 65.45% of its industry peers.
FER has a debt to FCF ratio of 10.03. This is a negative value and a sign of low solvency as FER would need 10.03 years to pay back of all of its debts.
The Debt to FCF ratio of FER (10.03) is comparable to the rest of the industry.
A Debt/Equity ratio of 1.72 is on the high side and indicates that FER has dependencies on debt financing.
FER has a worse Debt to Equity ratio (1.72) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 10.03 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.56
WACC6.47%
2.3 Liquidity
A Current Ratio of 0.94 indicates that FER may have some problems paying its short term obligations.
FER has a Current ratio of 0.94. This is in the lower half of the industry: FER underperforms 76.36% of its industry peers.
A Quick Ratio of 0.86 indicates that FER may have some problems paying its short term obligations.
With a Quick ratio value of 0.86, FER is not doing good in the industry: 76.36% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
FER shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.70%, which is quite impressive.
The Earnings Per Share has been growing slightly by 3.65% on average over the past years.
The Revenue for FER has decreased by -52.11% in the past year. This is quite bad
Measured over the past years, FER shows a very negative growth in Revenue. The Revenue has been decreasing by -16.35% on average per year.
EPS 1Y (TTM)22.7%
EPS 3Y3.65%
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-52.11%
Revenue growth 3Y-16.35%
Revenue growth 5YN/A
Sales Q2Q%2.78%
3.2 Future
FER is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -13.76% yearly.
Based on estimates for the next years, FER will show a decrease in Revenue. The Revenue will decrease by -9.43% on average per year.
EPS Next Y-55.78%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
EPS Next 5Y-13.76%
Revenue Next Year0.71%
Revenue Next 2Y-30.82%
Revenue Next 3Y-19.97%
Revenue Next 5Y-9.43%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 106.58, the valuation of FER can be described as expensive.
Based on the Price/Earnings ratio, FER is valued a bit more expensive than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.41, FER is valued quite expensively.
The Price/Forward Earnings ratio is 161.47, which means the current valuation is very expensive for FER.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FER indicates a slightly more expensive valuation: FER is more expensive than 61.82% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of FER to the average of the S&P500 Index (35.40), we can say FER is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.58 | ||
| Fwd PE | 161.47 |
4.2 Price Multiples
61.82% of the companies in the same industry are cheaper than FER, based on the Enterprise Value to EBITDA ratio.
FER's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.24 | ||
| EV/EBITDA | 36.04 |
4.3 Compensation for Growth
FER has an outstanding profitability rating, which may justify a higher PE ratio.
FER's earnings are expected to decrease with -43.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.41%, FER has a reasonable but not impressive dividend return.
FER's Dividend Yield is rather good when compared to the industry average which is at 1.67. FER pays more dividend than 98.18% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.32, FER is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
5.2 History
The dividend of FER decreases each year by -10.17%.
FER has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)-10.17%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
FER pays out 3.63% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of FER has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP3.63%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
66.08
-0.51 (-0.77%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners50.53%
Inst Owner Change18.77%
Ins Owners32.7%
Ins Owner ChangeN/A
Market Cap48.49B
Revenue(TTM)5.15B
Net Income(TTM)3.37B
Analysts76
Price Target63.31 (-4.19%)
Short Float %0.22%
Short Ratio1.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.41% |
Yearly Dividend0.21
Dividend Growth(5Y)-10.17%
DP3.63%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)100.85%
Min Revenue beat(2)-3.79%
Max Revenue beat(2)205.49%
Revenue beat(4)2
Avg Revenue beat(4)50.7%
Min Revenue beat(4)-3.79%
Max Revenue beat(4)205.49%
Revenue beat(8)5
Avg Revenue beat(8)26.51%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)5.03%
PT rev (3m)12.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.19%
EPS NY rev (1m)-3.09%
EPS NY rev (3m)6.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.59%
Revenue NY rev (1m)-0.69%
Revenue NY rev (3m)-1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 106.58 | ||
| Fwd PE | 161.47 | ||
| P/S | 4.45 | ||
| P/FCF | 36.24 | ||
| P/OCF | 29.17 | ||
| P/B | 7.05 | ||
| P/tB | 7.81 | ||
| EV/EBITDA | 36.04 |
EPS(TTM)0.62
EY0.94%
EPS(NY)0.41
Fwd EY0.62%
FCF(TTM)1.82
FCFY2.76%
OCF(TTM)2.27
OCFY3.43%
SpS14.86
BVpS9.38
TBVpS8.46
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.67% | ||
| ROE | 57.04% | ||
| ROCE | 4.6% | ||
| ROIC | 3.63% | ||
| ROICexc | 4.21% | ||
| ROICexgc | 4.36% | ||
| OM | 10.13% | ||
| PM (TTM) | 35.99% | ||
| GM | 87.83% | ||
| FCFM | 12.27% |
ROA(3y)4.52%
ROA(5y)3.3%
ROE(3y)23.24%
ROE(5y)17.1%
ROIC(3y)2.34%
ROIC(5y)1.88%
ROICexc(3y)3.02%
ROICexc(5y)2.57%
ROICexgc(3y)3.14%
ROICexgc(5y)2.67%
ROCE(3y)2.96%
ROCE(5y)2.38%
ROICexgc growth 3Y23.54%
ROICexgc growth 5YN/A
ROICexc growth 3Y23.9%
ROICexc growth 5YN/A
OM growth 3Y26.04%
OM growth 5YN/A
PM growth 3Y27.17%
PM growth 5Y52.49%
GM growth 3Y4.45%
GM growth 5Y4.25%
F-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 10.03 | ||
| Debt/EBITDA | 7.3 | ||
| Cap/Depr | 62.19% | ||
| Cap/Sales | 2.97% | ||
| Interest Coverage | 2 | ||
| Cash Conversion | 102.22% | ||
| Profit Quality | 34.09% | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 1.81 |
F-Score7
WACC6.47%
ROIC/WACC0.56
Cap/Depr(3y)34.82%
Cap/Depr(5y)40.43%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.66%
Profit Quality(3y)249.79%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.7%
EPS 3Y3.65%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y-55.78%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
EPS Next 5Y-13.76%
Revenue 1Y (TTM)-52.11%
Revenue growth 3Y-16.35%
Revenue growth 5YN/A
Sales Q2Q%2.78%
Revenue Next Year0.71%
Revenue Next 2Y-30.82%
Revenue Next 3Y-19.97%
Revenue Next 5Y-9.43%
EBIT growth 1Y21.25%
EBIT growth 3Y38.38%
EBIT growth 5YN/A
EBIT Next Year56.32%
EBIT Next 3Y22.82%
EBIT Next 5Y14.35%
FCF growth 1Y15.28%
FCF growth 3Y24.87%
FCF growth 5Y2.94%
OCF growth 1Y29.55%
OCF growth 3Y24.37%
OCF growth 5Y2.81%
FERROVIAL SE / FER FAQ
What is the fundamental rating for FER stock?
ChartMill assigns a fundamental rating of 4 / 10 to FER.
What is the valuation status of FERROVIAL SE (FER) stock?
ChartMill assigns a valuation rating of 1 / 10 to FERROVIAL SE (FER). This can be considered as Overvalued.
Can you provide the profitability details for FERROVIAL SE?
FERROVIAL SE (FER) has a profitability rating of 8 / 10.
What is the valuation of FERROVIAL SE based on its PE and PB ratios?
The Price/Earnings (PE) ratio for FERROVIAL SE (FER) is 106.58 and the Price/Book (PB) ratio is 7.05.
How financially healthy is FERROVIAL SE?
The financial health rating of FERROVIAL SE (FER) is 2 / 10.