ACS Actividades de Construccion y Servicios SA
F:OCI

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ACS Actividades de Construccion y Servicios SA Logo
ACS Actividades de Construccion y Servicios SA
F:OCI
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Price: 24.2 EUR
Market Cap: €30.1B

P/E

33.2
Current
194%
More Expensive
vs 3-y average of 11.3

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
33.2
=
Market Cap
€31.4B
/
Net Income
€950.3m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
33.2
=
Market Cap
€31.4B
/
Net Income
€950.3m

Valuation Scenarios

ACS Actividades de Construccion y Servicios SA is trading above its 3-year average

If P/E returns to its 3-Year Average (11.3), the stock would be worth €8.23 (66% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-74%
Maximum Upside
No Upside Scenarios
Average Downside
58%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 33.2 €24.2
0%
3-Year Average 11.3 €8.23
-66%
5-Year Average 8.8 €6.39
-74%
Industry Average 22.5 €16.42
-32%
Country Average 13.8 €10.03
-59%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€31.4B
/
Jan 2026
€950.3m
=
33.2
Current
€31.4B
/
Dec 2026
€1.1B
=
28.5
Forward
€31.4B
/
Dec 2027
€1.3B
=
25.1
Forward
€31.4B
/
Dec 2028
€1.6B
=
20.2
Forward
€31.4B
/
Dec 2029
€1.5B
=
20.5
Forward
€31.4B
/
Dec 2030
€1.5B
=
20.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 88% of companies in Spain
Percentile
12th
Based on 582 companies
12th percentile
6.7
Low
0.1 — 11
Typical Range
11 — 20.2
High
20.2 —
Distribution Statistics
Spain
Min 0.1
30th Percentile 11
Median 13.8
70th Percentile 20.2
Max 2 945.9

ACS Actividades de Construccion y Servicios SA
Glance View

Market Cap
30.1B EUR
Industry
Construction

ACS Actividades de Construcción y Servicios SA, often referred to simply as ACS, is a global behemoth in the world of infrastructure and construction services. Founded in Spain, this company has built an expansive empire that spans continents, engaging in numerous building and civil engineering projects. At its core, ACS operates through a diversified portfolio, with a significant emphasis on infrastructure development. The company expertly mixes traditional construction with specialized services in engineering and industrial operations, ensuring a steady stream of projects and contracts across the globe. With a methodical and strategic approach, it has positioned itself to capture both large-scale public works projects such as highways, bridges, and airports, as well as private sector contracts in energy and telecommunications. This diversity not only strengthens its revenue streams but also provides a buffer against the cyclicity of the construction industry. The revenue model of ACS is multi-layered and sophisticated, leveraging its subsidiaries and strategic joint ventures. Concessions, where ACS invests in the construction and then operation of infrastructure, provide a dependable long-term cash flow. Beyond construction, ACS has embraced the energy sector through interests in renewable energy projects, recognizing the global pivot towards sustainable solutions. This foresight into emerging trends allows ACS to tap into markets with lucrative growth potential. Furthermore, its industrial services arm provides a broad array of services, from energy transmission to facility management, adding another dimension to its earning capabilities. This comprehensive approach, combining construction prowess with strategic ventures and services, underlines ACS's ability to generate substantial revenues while navigating the complexities of the modern global market.

OCI Intrinsic Value
18.25 EUR
Overvaluation 25%
Intrinsic Value
Price €24.2
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