Stocktoria

Ferrovial N.V. FER.MC

ES · Bolsa de Madrid · XMAD · stock · Industrials · website

Ferrovial N.V. statistics & valuation

Market cap€40.6B
P / E45.7×
P / S4.2×
P / B6.9×
P / FCF23.3×
Net margin9.2%
FCF margin18.1%
Net debt€6.5B
Enterprise value USD$54.3B
Earnings yield EBIT/EV2.1%
Return on capital4.6%
Graham number -73.1%€15.12

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (€15.12); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.50% 4.00% 35.40% 9.20% 2022202320242025
Gross margin (%)
84.10% 87.70% 87.80% 88.30% 2022202320242025
Operating margin (%)
5.70% 6.90% 9.80% 10.00% 2022202320242025
Return on equity (%)
4.60% 9.10% 53.30% 15.00% 2022202320242025
Shares outstanding
720.9M 720.9M 720.9M 720.9M 2022202320242025
Net debt (€)
€6.77B €6.81B €6.72B €6.49B 2022202320242025
Share buybacks (€)
€446.0M €114.0M €973.0M €501.0M 2022202320242025
Return on assets (%)
0.70% 1.30% 11.20% 3.20% 2022202320242025
Free cash flow margin (%)
12.00% 13.80% 11.70% 18.10% 2022202320242025
Debt / equity (×)
2.88× 3.07× 1.90× 1.82× 2022202320242025
EPS (€)
€0.25 €0.46 €4.47 €1.24 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Ferrovial N.V. trades at about 45.4× earnings — below its 10-year norm (10-year range 9.3×–108.2×, median 77×).

9.3× 108.2×

Shaded band = 10-year range (9.3×–108.2×); dot = today's 45.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin88.3%87.8%87.7%84.1%
Operating margin10.0%9.8%6.9%5.7%
Net margin9.2%35.4%4.0%2.5%
FCF margin18.1%11.7%13.8%12.0%
Return on assets3.2%11.2%1.3%0.7%
Return on equity15.0%53.3%9.1%4.6%
Debt / equity1.58×1.66×2.77×2.62×
Current ratio1.131.221.211.38

Computed from company filings · ES · as of 2025-12-31. Figures in EUR. Facts plus Stocktoria's own computed scores — not investment advice.