Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Construcciones y Auxiliar de Ferrocarriles, S.A. is a Spanish multinational company headquartered in Beasain, Gipuzkoa, specializing in the design, manufacture, and supply of comprehensive railway solutions. Founded in 1917 as Compañía Auxiliar de Ferrocarriles, it has evolved into a global leader in rolling stock, producing high-speed trains, metro units, trams, regional and commuter trains, locomotives, and buses through its subsidiary Solaris Bus & Coach. The company offers end-to-end services including system design, civil works, electrification, signaling, maintenance, and turnkey projects under concession models. With over 17,000 employees and operations in more than 60 countries, Construcciones y Auxiliar de Ferrocarriles maintains production facilities in Spain, France, the UK, Poland, the US, Mexico, and Brazil. Its portfolio features innovative platforms like Oaris high-speed trains, Civity regional trains, and Urbos trams, serving urban transit, high-speed networks, and multimodal mobility. Notable projects include the Kaohsiung Tramway in Taiwan, Mexico's Suburban Railway, and extensions to metro lines worldwide, emphasizing sustainable transport solutions that integrate advanced technologies for safety, efficiency, and environmental respect.
€62.20
€0.70 (-1.11%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 5.38%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 6.5%, steady but not accelerating. Free cash flow declined 29% despite revenue growth, conversion is weakening.
Free cash flow declined 29% versus the prior year, cash generation momentum has weakened.
14.6x earnings, 30.3x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€4.49B
▲ +6.5% YoY
Net Income (TTM)
€151M
▲ +40.6% YoY
Op. Margin
5.38%
▲ +0.3pp YoY
ROIC
9.55%
▲ +1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€70M
▼ -28.8% YoY
Op. Cash Flow (TTM)
€240M
▲ +80.3% YoY
Net Debt
€191M
Cash & Equiv.
€626M
3Y CAGR: +12.3%
3Y CAGR: +28.1%
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