Stocktoria

Técnicas Reunidas, S.A. TRE.MC

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

Técnicas Reunidas, S.A. statistics & valuation

Market cap€2.5B
P / E16.0×
P / S0.4×
P / B4.5×
P / FCF20.0×
Dividend yield1.21%
Net margin2.4%
Return on equity28.3%
FCF margin1.9%
Net cash€239.3M
Enterprise value USD$2.6B
Earnings yield EBIT/EV13%
Return on capital20.7%
Graham number -44.8%€17.78

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 (€17.78); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-0.90% 1.50% 2.00% 2.40% 2022202320242025
Gross margin (%)
20.60% 26.50% 27.50% 22.70% 2022202320242025
Operating margin (%)
0.20% 3.90% 4.20% 4.60% 2022202320242025
Return on equity (%)
-52.50% 19.40% 23.10% 28.30% 2022202320242025
Shares outstanding
78.1M 78.1M 78.1M 78.1M 2022202320242025
Net debt (€)
€69.9M -€127.1M -€129.8M -€239.3M 2022202320242025
Share buybacks (€)
€11000 €429000 2022202320242025
Return on assets (%)
-0.80% 1.40% 1.90% 2.70% 2022202320242025
Free cash flow margin (%)
1.90% 1.70% 1.70% 1.90% 2022202320242025
Debt / equity (×)
14.55× 2.89× 2.28× 1.63× 2022202320242025
EPS (€)
-€0.69 €0.88 €1.15 €1.98 2022202320242025

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

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin22.7%27.5%26.5%20.6%
Operating margin4.6%4.2%3.9%0.2%
Net margin2.4%2.0%1.5%-0.9%
FCF margin1.9%1.7%1.7%1.9%
Return on assets2.7%1.9%1.4%-0.8%
Return on equity28.3%23.1%19.4%-52.5%
Debt / equity1.19×1.32×1.77×10.95×
Current ratio1.191.141.141.11

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