ACCIONA, S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 109.2 EUR | +4.10% |
|
+1.87% | -18.08% |
| 04-16 | Spain's Acciona downsizing renewable energy business in Brazil, sources say | RE |
| 04-05 | Ferrovial-led Consortium Wins Contract to Build Peripheral Ring Road in Peru | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,112 | 6,365 | 9,186 | 9,401 | 7,296 | 5,978 | - | - |
| Enterprise Value (EV) 1 | 10,429 | 11,098 | 13,530 | 14,654 | 7,296 | 13,867 | 14,290 | 14,450 |
| P/E ratio | 14.6 x | 16.7 x | 27.6 x | 21.3 x | 13.5 x | 15.6 x | 13.2 x | 13.5 x |
| Yield | 2.05% | 3.34% | 2.44% | 2.62% | - | 4.42% | 4.51% | 4.62% |
| Capitalization / Revenue | 0.71 x | 0.98 x | 1.13 x | 0.84 x | 0.43 x | 0.31 x | 0.31 x | 0.3 x |
| EV / Revenue | 1.45 x | 1.71 x | 1.67 x | 1.31 x | 0.43 x | 0.73 x | 0.74 x | 0.73 x |
| EV / EBITDA | 7.69 x | 9.87 x | 9.12 x | 7.09 x | 3.68 x | 6.51 x | 6.01 x | 5.81 x |
| EV / FCF | -79 x | 180 x | -36 x | -52 x | - | -10.6 x | -37.9 x | -104 x |
| FCF Yield | -1.27% | 0.56% | -2.77% | -1.92% | - | -9.43% | -2.64% | -0.96% |
| Price to Book | 1.5 x | 1.87 x | 2.13 x | 1.92 x | - | 1.17 x | 1.12 x | 2.36 x |
| Nbr of stocks (in thousands) | 54,501 | 54,540 | 54,647 | 54,688 | 54,737 | 54,746 | - | - |
| Reference price 2 | 93.80 | 116.7 | 168.1 | 171.9 | 133.3 | 109.2 | 109.2 | 109.2 |
| Announcement Date | 27/02/20 | 18/02/21 | 24/02/22 | 27/02/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 7,191 | 6,472 | 8,104 | 11,195 | 17,021 | 19,089 | 19,422 | 19,705 |
| EBITDA 1 | 1,357 | 1,124 | 1,483 | 2,068 | 1,981 | 2,129 | 2,378 | 2,487 |
| EBIT 1 | 699 | 616 | 829 | 1,334 | 1,251 | 1,111 | 1,293 | 1,323 |
| Operating Margin | 9.72% | 9.52% | 10.23% | 11.92% | 7.35% | 5.82% | 6.66% | 6.71% |
| Earnings before Tax (EBT) 1 | 545 | 508.1 | 575 | 869 | 819 | 632.7 | 846.3 | 844.7 |
| Net income 1 | 352 | 380.3 | 332 | 441 | 541 | 418.9 | 488.5 | 429.6 |
| Net margin | 4.9% | 5.88% | 4.1% | 3.94% | 3.18% | 2.19% | 2.52% | 2.18% |
| EPS 2 | 6.417 | 6.970 | 6.080 | 8.060 | 9.890 | 7.009 | 8.289 | 8.118 |
| Free Cash Flow 1 | -132 | 61.78 | -375.4 | -282 | - | -1,308 | -377.2 | -138.5 |
| FCF margin | -1.84% | 0.95% | -4.63% | -2.52% | - | -6.85% | -1.94% | -0.7% |
| FCF Conversion (EBITDA) | - | 5.5% | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | 16.25% | - | - | - | - | - | - |
| Dividend per Share 2 | 1.925 | 3.900 | 4.100 | 4.500 | - | 4.825 | 4.927 | 5.042 |
| Announcement Date | 27/02/20 | 18/02/21 | 24/02/22 | 27/02/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 3,042 | 3,555 | 5,177 | - | 7,056 | 9,965 |
| EBITDA 1 | 499 | 643 | 1,064 | 1,004 | 924 | 1,057 |
| EBIT 1 | 229 | 345.9 | 746 | 625 | 869 | 383 |
| Operating Margin | 7.53% | 9.73% | 14.41% | - | 12.32% | 3.84% |
| Earnings before Tax (EBT) 1 | 42 | 228 | 445 | 424 | 691 | 128 |
| Net income 1 | 22 | 148 | 201 | 240 | 467 | 74 |
| Net margin | 0.72% | 4.16% | 3.88% | - | 6.62% | 0.74% |
| EPS | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 29/07/20 | 29/07/21 | 28/07/22 | 27/02/23 | 27/07/23 | 29/02/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,317 | 4,733 | 4,344 | 5,253 | - | 7,888 | 8,311 | 8,472 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.918 x | 4.211 x | 2.929 x | 2.54 x | - | 3.706 x | 3.495 x | 3.406 x |
| Free Cash Flow 1 | -132 | 61.8 | -375 | -282 | - | -1,308 | -377 | -139 |
| ROE (net income / shareholders' equity) | 10.5% | 8.96% | 10.4% | 9.59% | - | 7.99% | 8.63% | 8.25% |
| ROA (Net income/ Total Assets) | - | 1.72% | - | 2.09% | - | 1.5% | 1.5% | - |
| Assets 1 | - | 22,149 | - | 21,099 | - | 27,926 | 32,569 | - |
| Book Value Per Share 2 | 62.40 | 62.40 | 79.00 | 89.30 | - | 93.50 | 97.70 | 46.40 |
| Cash Flow per Share 2 | 16.40 | 17.70 | 10.50 | 30.40 | - | 28.10 | 35.20 | - |
| Capex 1 | 1,031 | 906 | 948 | 1,943 | - | 2,398 | 1,681 | 1,560 |
| Capex / Sales | 14.34% | 13.99% | 11.7% | 17.36% | - | 12.56% | 8.65% | 7.92% |
| Announcement Date | 27/02/20 | 18/02/21 | 24/02/22 | 27/02/23 | 29/02/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
109.2
EUR
Average target price
149.8
EUR
Spread / Average Target
+37.22%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -18.08% | 6.38B | |
| -2.29% | 67.67B | |
| +2.13% | 59.37B | |
| +21.25% | 38.3B | |
| +11.23% | 30.73B | |
| +2.06% | 26.35B | |
| +22.89% | 22.01B | |
| +15.06% | 19.47B | |
| +22.99% | 17.6B | |
| +64.33% | 16.64B |
- Stock Market
- Equities
- ANA Stock
- Financials Acciona, S.A.
