FER (Ferrovial SE) reported earnings on July 28, 2026. Quarterly revenue grew 5.7% year over year, a steady top-line gain for the Spanish infrastructure group. We do not have a verified EPS growth figure for this period, so we are not publishing one — check the live page at acceinvestments.com/stocks/FER for updated per-share figures as they are confirmed. We also have no guidance commentary to share at this time.
The stock trades at $61.94 as of the report date, giving Ferrovial a market cap of $44.20B. The trailing P/E stands at 49.4 and the forward P/E at 52.6, both reflecting a meaningful premium to the broader industrials sector.
What it means
The most striking figure in the data is the 6-model fair value estimate: $27.71, which sits 55.3% below the current price of $61.94. That gap is large by any measure and is the primary reason the ACCE score lands at 44 out of 100. The Value sub-score of 32 and Growth sub-score of 28 both reflect that tension between what the models say the business is worth and where the market is currently pricing it.
Recibe el resumen semanal de ACCE
Rentabilidad de los índices, repaso de las selecciones y los mayores cambios de puntuación, cada domingo. Sin relleno.
On the quality side, the picture is more constructive. FER carries a Quality score of 62, backed by a return on equity of 14.3%, a net margin of 9.2%, and a free cash flow yield of 3.9%. Earnings quality is flagged as strong. These are not the numbers of a struggling business — Ferrovial generates real cash and earns a decent return on the capital it deploys across its toll road and airport concession portfolio.
Momentum sits at 54, roughly neutral, and the 1-year return of 18.8% shows the stock has rewarded shareholders over the past year even as the valuation gap has widened. The analyst consensus target of $76.69 implies further upside from the current price, sitting well above both the market price and the 6-model fair value estimate.
The dividend yield is listed at 0.0%, so income-focused readers should note FER is not currently returning cash through dividends in a meaningful way.
The core tension here is straightforward: strong quality metrics and a solid revenue growth print sit alongside a valuation that the 6-model framework considers stretched by more than half. Whether the market's premium is justified by Ferrovial's long-duration concession assets and infrastructure scarcity value is a question the score alone cannot answer.
For live price, updated earnings figures, and the full score breakdown, visit acceinvestments.com/stocks/FER.
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