Elecnor SA
MAD:ENO

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Elecnor SA Logo
Elecnor SA
MAD:ENO
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Price: 37.4 EUR 0.94%
Market Cap: €3.3B

P/OCF

6.8
Current
12%
Cheaper
vs 3-y average of 7.8

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
6.8
=
Market Cap
€2.4B
/
Operating Cash Flow
€463.1m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
6.8
=
Market Cap
€2.4B
/
Operating Cash Flow
€463.1m

Valuation Scenarios

Elecnor SA is trading below its 3-year average

If P/OCF returns to its 3-Year Average (7.8), the stock would be worth €42.49 (14% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-37%
Maximum Upside
+39%
Average Upside
1%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 6.8 €37.4
0%
3-Year Average 7.8 €42.49
+14%
5-Year Average 6 €32.65
-13%
Industry Average 4.3 €23.47
-37%
Country Average 9.5 €51.94
+39%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
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Market Distribution

In line with most companies in Spain
Percentile
35th
Based on 618 companies
35th percentile
6.8
Low
1.5 — 6
Typical Range
6 — 14.8
High
14.8 —
Distribution Statistics
Spain
Min 1.5
30th Percentile 6
Median 9.5
70th Percentile 14.8
Max 217.5

Elecnor SA
Glance View

In the bustling world of infrastructure and renewable energy, Elecnor SA stands as a formidable force, diligently making strides across various sectors since its inception in 1958. This Spanish multinational has woven its operations through the fabric of engineering and development, building an impressive portfolio that spans energy, telecommunications, transport, water, and environmental industries. At its core, Elecnor thrives on an intricate interplay of innovation and diversification, continually expanding its horizons while maintaining a strong foundation in its core competencies. The company harnesses a mix of technical expertise and comprehensive project management skills, enabling it to conceive, construct, and operate complex infrastructures that modern societies rely upon daily. Through strategic investments and collaborations, Elecnor not only fortifies its positioning in domestic markets but also strengthens its presence on international stages, from Latin America to Africa and beyond. Revenue flows smoothly through Elecnor’s well-oiled machine, driven by an astute blend of long-term service contracts, concession agreements, and robust project executions. The company is particularly adept at navigating the renewable energy arena, a sector that not only aligns with global sustainability goals but also promises growth underpinned by the transition to cleaner energy sources. Elecnor’s ventures in wind farms and photovoltaic solar installations underscore its commitment to green energy, enhancing its profitability alongside its contribution to a more sustainable future. Moreover, its telecommunications and systems operations provide ancillary revenue streams that reinforce its financial vigor. In essence, Elecnor’s enduring success is a testament to its strategic foresight, ability to adapt, and relentless focus on engineering excellence, rendering it an influential player in shaping the infrastructure landscape of tomorrow.

ENO Intrinsic Value
38.65 EUR
Undervaluation 3%
Intrinsic Value
Price €37.4
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