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.
Elecnor S.A. is a Spanish engineering and infrastructure company specializing in the development, construction, and operation of large-scale projects and services. Headquartered in Madrid and founded in 1958, it focuses on electricity and power generation, renewable energy, telecommunications, railways, gas networks, water infrastructure, and environmental facilities. The company structures its activities around services, turnkey projects, and concessions, allowing it to participate across the full project lifecycle from design and engineering to operation and maintenance. Elecnor S.A. plays a significant role in the deployment of wind and solar farms, high- and medium-voltage power lines, substations, and smart grid systems. It is also active in urban and industrial installations, control systems, and comprehensive maintenance services. Operating in numerous countries across Europe, the Americas, Africa, and the Middle East, the company serves utilities, public administrations, and industrial clients, contributing to critical infrastructure and renewable energy development in both mature and emerging markets.
€37.30
€0.30 (-0.80%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 3.82%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue up 15.1% YoY with margins expanding 4.9pp.
At 29x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
28.5x earnings, 9.1x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€4.39B
▲ +15.1% YoY
Net Income (TTM)
€111M
▼ -84.4% YoY
Op. Margin
3.82%
▲ +4.9pp YoY
ROIC
9.33%
▲ +11.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€347M
▲ +14377.0% YoY
Op. Cash Flow (TTM)
€447M
▲ +697.0% YoY
Net Debt
-€469M
Net Cash Position
Cash & Equiv.
€783M
3Y CAGR: +8.9%
3Y CAGR: +34.1%
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