Ferrovial SE
AEX:FER

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Ferrovial SE
AEX:FER
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Price: 60.92 EUR 1.67% Market Closed
Market Cap: €44.9B

EV/EBITDA

34.6
Current
1%
Cheaper
vs 3-y median of 35

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
34.6
=
Enterprise Value
€47.7B
/
EBITDA
€1.5B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
34.6
=
Enterprise Value
€47.7B
/
EBITDA
€1.5B

Valuation Scenarios

Ferrovial SE is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (35), the stock would be worth €61.71 (1% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-76%
Maximum Upside
+1%
Average Downside
34%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 34.6 €60.92
0%
3-Year Average 35 €61.71
+1%
5-Year Average 35 €61.71
+1%
Industry Average 8.3 €14.55
-76%
Country Average 12.4 €21.84
-64%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€47.7B
/
Jan 2026
€1.5B
=
34.6
Current
€47.7B
/
Dec 2026
€1.6B
=
30.1
Forward
€47.7B
/
Dec 2027
€1.7B
=
27.5
Forward
€47.7B
/
Dec 2028
€1.9B
=
24.6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
NL
Ferrovial SE
AEX:FER
43.9B EUR 34.6 49.4
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 10.9 19.9
FR
Vinci SA
PAR:DG
76.4B EUR 6.9 15.6
US
Quanta Services Inc
NYSE:PWR
90B USD 38.6 87.7
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 20.8 34.7
IN
Larsen and Toubro Ltd
F:LTO
49.2B EUR 19.5 32.4
US
Comfort Systems USA Inc
NYSE:FIX
58.1B USD 39.2 56.8
ES
Ferrovial SA
MAD:FER
43.2B EUR 33.9 48.6
DE
Hochtief AG
XETRA:HOT
35B EUR 13 38.7
ES
ACS Actividades de Construccion y Servicios SA
MAD:ACS
31.8B EUR 17.9 33.7
US
EMCOR Group Inc
NYSE:EME
35.9B USD 19.8 28.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
NL
Ferrovial SE
AEX:FER
Average EV/EBITDA: 23.2
34.6
10%
3.5
JP
Sumitomo Densetsu Co Ltd
TSE:1949
10.9
N/A N/A
FR
Vinci SA
PAR:DG
6.9
5%
1.4
US
Quanta Services Inc
NYSE:PWR
38.6
22%
1.8
IN
Larsen & Toubro Ltd
NSE:LT
20.8
18%
1.2
IN
Larsen and Toubro Ltd
F:LTO
19.5
18%
1.1
US
Comfort Systems USA Inc
NYSE:FIX
39.2
16%
2.5
ES
Ferrovial SA
MAD:FER
33.9
10%
3.4
DE
H
Hochtief AG
XETRA:HOT
13
4%
3.2
ES
ACS Actividades de Construccion y Servicios SA
MAD:ACS
17.9
19%
0.9
US
EMCOR Group Inc
NYSE:EME
19.8
8%
2.5

Market Distribution

Higher than 86% of companies in Netherlands
Percentile
86th
Based on 490 companies
86th percentile
34.6
Low
0 — 7.9
Typical Range
7.9 — 19.3
High
19.3 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 7.9
Median 12.4
70th Percentile 19.3
Max 706

Ferrovial SE
Glance View

Ferrovial SE, a name that resonates with resilience and innovation, stands as a testament to the transformative power of strategic foresight and operational expertise in the infrastructure sector. Originating from Spain, it's a global behemoth known primarily for its intricate involvement in the development and management of infrastructure projects. The company's journey began in 1952 when it was founded by Rafael del Pino as a railway construction company. Today, Ferrovial has broadened its horizon substantially, extending its prowess into multiple facets of infrastructure, ensuring that it significantly influences the urban transportation landscape worldwide. Its main revenue streams flow from four pivotal areas: Airports, Toll Roads, Construction, and its Services division, each intricately woven into the fabric of everyday life. Building on its historical strengths, Ferrovial adopts a diversified approach to business, generating significant income by leveraging long-term concessions and contracts. In its airports and toll roads sectors, the company capitalizes on public-private partnerships, which allow it to reap steady, predictable earnings over extended periods. This financial model suits infrastructure projects that often take substantial time before producing returns. The construction arm remains a powerhouse, harnessing cutting-edge technology to improve efficiency and deliver large-scale projects on time and within budget. Meanwhile, its services division addresses critical public needs through facilities management, leveraging technology and operational excellence to enhance productivity and sustainability. By effectively managing these interconnected segments, Ferrovial not only ensures a robust financial performance but also enhances its reputation as a leader in sustainable infrastructure development.

FER Intrinsic Value
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