Elecnor SA
MAD:ENO

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Elecnor SA Logo
Elecnor SA
MAD:ENO
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Price: 37.85 EUR 1.2% Market Closed
Market Cap: €3.3B

P/FCFE

8.5
Current
41%
More Expensive
vs 3-y average of 6.1

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8.5
=
Market Cap
€2.4B
/
Free Cash Flow to Equity
€375.4m

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
8.5
=
Market Cap
€2.4B
/
Free Cash Flow to Equity
€375.4m

Valuation Scenarios

Elecnor SA is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (6.1), the stock would be worth €26.9 (29% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-29%
Maximum Upside
+83%
Average Upside
15%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 8.5 €37.85
0%
3-Year Average 6.1 €26.9
-29%
5-Year Average 9.5 €41.96
+11%
Industry Average 8.2 €36.48
-4%
Country Average 15.6 €69.19
+83%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close

Market Distribution

Lower than 79% of companies in Spain
Percentile
21st
Based on 497 companies
21st percentile
8.5
Low
1.4 — 10.4
Typical Range
10.4 — 26.3
High
26.3 —
Distribution Statistics
Spain
Min 1.4
30th Percentile 10.4
Median 15.6
70th Percentile 26.3
Max 531.1

Elecnor SA
Glance View

In the bustling world of infrastructure and renewable energy, Elecnor SA stands as a formidable force, diligently making strides across various sectors since its inception in 1958. This Spanish multinational has woven its operations through the fabric of engineering and development, building an impressive portfolio that spans energy, telecommunications, transport, water, and environmental industries. At its core, Elecnor thrives on an intricate interplay of innovation and diversification, continually expanding its horizons while maintaining a strong foundation in its core competencies. The company harnesses a mix of technical expertise and comprehensive project management skills, enabling it to conceive, construct, and operate complex infrastructures that modern societies rely upon daily. Through strategic investments and collaborations, Elecnor not only fortifies its positioning in domestic markets but also strengthens its presence on international stages, from Latin America to Africa and beyond. Revenue flows smoothly through Elecnor’s well-oiled machine, driven by an astute blend of long-term service contracts, concession agreements, and robust project executions. The company is particularly adept at navigating the renewable energy arena, a sector that not only aligns with global sustainability goals but also promises growth underpinned by the transition to cleaner energy sources. Elecnor’s ventures in wind farms and photovoltaic solar installations underscore its commitment to green energy, enhancing its profitability alongside its contribution to a more sustainable future. Moreover, its telecommunications and systems operations provide ancillary revenue streams that reinforce its financial vigor. In essence, Elecnor’s enduring success is a testament to its strategic foresight, ability to adapt, and relentless focus on engineering excellence, rendering it an influential player in shaping the infrastructure landscape of tomorrow.

ENO Intrinsic Value
38.65 EUR
Undervaluation 2%
Intrinsic Value
Price €37.85
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