# Ferrovial N.V. (FER) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Industrials / Transport Infrastructure. Price $57.54, market value $41.4 billion.

## Valuation
- **P/E (trailing): 31.6×** (5-yr avg 56.9×, 3-yr avg 44.7×). Ferrovial N.V. trades at 31.6× trailing earnings, well below its own five-year average of 56.9×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 42.7×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 3.8×**. Each dollar of revenue is priced at 3.8×.
- **Price / book: 6.5×**. The shares trade at 6.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 44.6×**. Enterprise value is 44.6× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Earnings yield: 3.2%**. The inverse of the P/E: 3.2% of the price is earned each year.

## Profitability
- **Operating margin: 4.3%**. 4.3% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 11.9%**. 11.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.0%**. 15.0% on shareholders' equity is solid.
- **Return on invested capital: 2.4%**. Return on all capital, debt included, is 2.4%: close to or below the cost of capital, so growth may not create value.

## Growth
- **Revenue growth (1 yr): 5.2%** (3-yr 8.4%/yr). Revenue grew 5.2% over the last year.
- **EPS growth (1 yr): -72.3%** (3-yr 70.5%/yr). Earnings per share fell 72.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.36**. Debt is 1.36 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 6.4×**. It would take 6.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 1.13** (quick 1.13). Current assets cover the next year's liabilities 1.13 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 2.24%** ($1.29 per share, trailing). Ferrovial N.V. yields 2.24%, a modest yield more typical of a growth-oriented payer.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 26.7%/yr** (1-yr 43.4%). The dividend has compounded at 26.7% a year over five years, doubling roughly every 3 years at that pace.
- **Shareholder yield: 2.3%**. Dividends plus net buybacks return 2.3% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (3 analysts). 3 analysts cover Ferrovial N.V.; the consensus is buy, with an average price target of $72.61 (+26% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -6.4%** (YTD -10.7%, 3-mo -13.5%). The shares are down 6.4% over twelve months including dividends.
- **From 52-week high: -23.1%** (19.9% above the low). Trading 23% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 66**. An RSI of 66 is neutral.
- **Beta (1 yr): 0.96** (volatility 27%). Beta of 0.96 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FER · Page: https://foliofundamentals.com/stocks/fer

Not investment advice.