ACS Actividades de Construccion y Servicios SA
XBER:OCI1

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ACS Actividades de Construccion y Servicios SA
XBER:OCI1
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Price: 30.4 EUR Market Closed
Market Cap: €8.7B

EV/EBIT

30.3
Current
304%
More Expensive
vs 3-y average of 7.5

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

EV/EBIT
30.3
=
Enterprise Value
€42.1B
/
EBIT
€1.4B

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

EV/EBIT
30.3
=
Enterprise Value
€42.1B
/
EBIT
€1.4B

Valuation Scenarios

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

If EV/EBIT returns to its 3-Year Average (7.5), the stock would be worth €7.53 (75% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-77%
Maximum Upside
No Upside Scenarios
Average Downside
68%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 30.3 €30.4
0%
3-Year Average 7.5 €7.53
-75%
5-Year Average 7.1 €7.14
-77%
Industry Average 11.1 €11.11
-63%
Country Average 12.6 €12.69
-58%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€42.1B
/
Jan 2026
€1.4B
=
30.3
Current
€42.1B
/
Dec 2026
€2.4B
=
17.5
Forward
€42.1B
/
Dec 2027
€2.6B
=
16
Forward
€42.1B
/
Dec 2028
€2.9B
=
14.5
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
ES
ACS Actividades de Construccion y Servicios SA
XBER:OCI1
31.8B EUR 30.3 33.9
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 11.5 19.9
US
Quanta Services Inc
NYSE:PWR
94.7B USD 64.3 92.3
FR
Vinci SA
PAR:DG
72.9B EUR 9.7 14.8
US
Comfort Systems USA Inc
NYSE:FIX
62.4B USD 46.8 61
IN
Larsen & Toubro Ltd
NSE:LT
5.5T INR 24.1 34.2
IN
Larsen and Toubro Ltd
F:LTO
47B EUR 21.8 30.8
NL
Ferrovial SE
AEX:FER
43.2B EUR 51.4 48.7
ES
Ferrovial SA
MAD:FER
43B EUR 51.1 48.7
DE
Hochtief AG
XETRA:HOT
35.2B EUR 17.2 38.9
US
EMCOR Group Inc
NYSE:EME
38.9B USD 24.1 30.5

Market Distribution

Lower than 85% of companies in Spain
Percentile
15th
Based on 557 companies
15th percentile
6.2
Low
0 — 8.1
Typical Range
8.1 — 17
High
17 —
Distribution Statistics
Spain
Min 0
30th Percentile 8.1
Median 12.6
70th Percentile 17
Max 700.4

ACS Actividades de Construccion y Servicios SA
Glance View

Market Cap
8.7B 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.

OCI1 Intrinsic Value
29.36 EUR
Overvaluation 3%
Intrinsic Value
Price €30.4
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