Company Valuation: ACS, Actividades de Construcción y Servicios, S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 7,861 6,636 6,894 10,574 12,333 26,297 26,297 -
Change - -15.59% 3.9% 53.37% 16.64% 113.24% 0% -
Enterprise Value (EV) 1 9,681 4,627 6,670 10,174 13,035 27,671 27,443 27,083
Change - -52.21% 44.17% 52.52% 28.12% 112.29% -0.82% -1.31%
P/E ratio 13.9x 2.19x 10.7x 13.4x 15x 31.4x 26.1x 22.9x
PBR 2.03x 1.03x 1.25x 1.96x 2.32x 5.48x 5.04x 4.58x
PEG - 0x -0.1x 0.7x 1.96x 24.18x 1.3x 1.6x
Capitalization / Revenue 0.23x 0.24x 0.21x 0.3x 0.3x 0.53x 0.48x 0.45x
EV / Revenue 0.28x 0.17x 0.2x 0.28x 0.31x 0.55x 0.5x 0.46x
EV / EBITDA 4.04x 2.9x 3.82x 5.33x 5.31x 8.97x 7.88x 7.27x
EV / EBIT 6.76x 4.27x 6.03x 7.67x 8.2x 13.4x 11.4x 10.4x
EV / FCF 14.1x -25.3x 7.23x 10.1x 6.11x 21.5x 20.3x 16.6x
FCF Yield 7.12% -3.96% 13.8% 9.9% 16.4% 4.65% 4.93% 6.03%
Dividend per Share 2 2.439 2 2 1.96 - 2.17 2.352 2.577
Rate of return 8.98% 8.49% 7.47% 4.88% - 2.11% 2.29% 2.5%
EPS 2 1.95 10.74 2.5 3 3.23 3.272 3.941 4.496
Distribution rate 125% 18.6% 80% 65.3% - 66.3% 59.7% 57.3%
Net sales 1 34,937 27,837 33,615 35,738 41,633 49,927 54,794 58,981
EBITDA 1 2,397 1,598 1,747 1,909 2,456 3,085 3,484 3,725
EBIT 1 1,433 1,084 1,106 1,326 1,590 2,060 2,406 2,610
Net income 1 574 3,045 668.2 780 828 863 1,038 1,178
Net Debt 1 1,820 -2,009 -224 -400 702 1,374 1,146 785.4
Reference price 2 27.15 23.57 26.77 40.16 48.44 102.90 102.90 102.90
Nbr of stocks (in thousands) 2,89,552 2,81,531 2,57,535 2,63,286 2,54,594 2,55,562 2,55,562 -
Announcement Date 25/02/21 24/02/22 27/02/23 29/02/24 27/02/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
30.04x0.53x8.59x2.21% 3.12TCr
14.76x1.2x6.61x3.91% 8.98TCr
77.57x2.94x29.18x0.08% 7.81TCr
31.98x2.3x21.99x0.97% 6.37TCr
50.36x5.35x35.49x1.31% 5.21TCr
50.94x5.28x34.71x0.14% 4.71TCr
31.77x2.06x19.87x0.12% 3.58TCr
33.18x0.75x13x1.75% 3.49TCr
4.38x0.26x5.04x5.45% 2.99TCr
17.73x0.43x4.92x4.14% 2.28TCr
Average 34.27x 2.11x 17.94x 2.01% 4.85TCr
Weighted average by Cap. 37.52x 2.36x 19.48x 1.83%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. ACS Stock
  4. Valuation ACS, Actividades de Construcción y Servicios, S.A.