Acciona, S.A. (ANA.MC) stock analysis

In our weekly check, Acciona, S.A. is graded D (A to F). Of 24 checks on debt, profit, cash flow and trend: 10 pass, warnings: 6, red flags: 8.

About Acciona, S.A.

Acciona, S.A. is an Industrials company (Engineering & Construction) based in Spain, listed on BME as ANA.MC.

What our checks show for ANA.MC

Red flags

• Net debt is 5.3x a year of EBITDA (debt/equity 3.11). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 2.5 points over 5 years, to 1.6%: the company keeps less of each sale as profit.
• The gross margin fell by 7.2 points, to 69.8%: costs are rising faster than prices.
• Analysts expect revenue to shrink about 0.8% a year.
• The net margin is only 1.6%: little room if costs rise.
• The stock has fallen as much as 87% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 13.5 years.
• Thinly traded (about 94 thousand shares a day): buying and selling can move the price.

Warning signs

• Earnings per share fell 16.2% a year over the last 3 years.
• Net profit fell 16.3% a year over the last 3 years.
• Free cash flow is only 0.4% of revenue.
• The dividend takes 96% of profit: little cushion if profit falls.
• The price swings a lot: 37.8% annual volatility. Expect large ups and downs.
• Return on capital (ROCE) is only 6.1%.

Strengths

• Operating cash flow is 4.9x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 14% a year over the next years.
• Revenue grew 25.1% a year over the last 3 years.
• A large company: market value $12.23 billion.
• Pay in shares is only 0% of free cash flow.

Similar companies

STRL · TTEK · FGR.PA · MTZ · IESC · ACM

Questions

What grade does Acciona, S.A. (ANA.MC) have?

In our weekly check, Acciona, S.A. is graded D (A to F). Of 24 checks on debt, profit, cash flow and trend: 10 pass, warnings: 6, red flags: 8. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ANA.MC stock?

This week's biggest flags for Acciona, S.A.: High debt, Margins falling, Gross margin falling. In total 14 of 24 checks show a warning or a red flag.

What does Acciona, S.A. do?

Acciona, S.A. is an Industrials company (Engineering & Construction) based in Spain, listed on BME as ANA.MC.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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