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.
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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.
DCF Valuation
Base-case fair value
€13.83
Intrinsic €18.44 · 25% MOS
Current price: €12.14
Base-case summary
Our base-case DCF for Fomento de Construcciones y Contratas S.A. (FCC.XMAD) projects 10 years of free cash flow growth at 6.3% for years 1–5 and 3.2% for years 6–10, anchored to 6.3% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from €487M in trailing free cash flow, this produces an intrinsic value of €18.44 per share. A 25% safety margin gives a fair value of €13.83, suggesting the stock is currently 14% undervalued against the €12.14 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
€487M
Cash & equivalents
€3.0B
Total debt
€5.7B
Shares outstanding
445M