Added to YB: 2025-05-14
Pitch date: 2025-05-10
FER.MC [neutral]
Ferrovial N.V.
+35.73%
current return
Author Info
No bio for this author
Company Info
Ferrovial N.V., together with its subsidiaries, engages in the development, construction, and operation of highways and airports in the United States, Poland, Spain, the United Kingdom, Canada, and internationally.
Market Cap
EUR 41.7B
Pitch Price
EUR 42.92
Price Target
49.85 (-14%)
Dividend
1.51%
EV/EBITDA
27.46
P/E
47.86
EV/Sales
5.18
Sector
Construction and Engineering
Category
growth
Ferrovial: Building Blocks for a Strong Portfolio?
FER.MC (fairly valued): Ferrovial transforming into North America-focused infrastructure player. US Managed Lanes show strong pricing power, Construction profitability improving to 3.9% margin. Net cash position ex-infrastructure debt, strong liquidity. Recent earnings inflated by Heathrow divestment. Growth hinges on JFK Terminal One execution and Energy division. 8.5% 5yr IRR at fair value.
Read full article (30 min)