Ferrovial SE (FER) stock analysis

In our weekly check, Ferrovial SE is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3.

About Ferrovial SE

Ferrovial SE is an Industrials company (Industrial - Infrastructure Operations) based in the Netherlands, listed on NASDAQ as FER.

What our checks show for FER

Red flags

• The net margin fell by 4.1 points over 5 years, to 6.7%: the company keeps less of each sale as profit.
• Analysts expect revenue to shrink about 9.5% a year.
• Return on capital (ROCE) is only 4.8%.

Warning signs

• Net debt is 2.8x a year of EBITDA (debt/equity 1.86). That limits room in a downturn and raises refinancing risk.
• Operating profit covers interest only 3.4 times: a weak year could make the payments hard.
• The net margin is only 6.7%: little room if costs rise.
• The stock has fallen as much as 41% from a peak. Would you have held through that?

Strengths

• The gross margin is 36.9% and has risen by 16.1 points: pricing power is holding.
• Operating cash flow is 3.53x net profit: the profit arrives as real cash.
• Revenue grew 24.4% a year over the last 3 years.
• Earnings per share grew 82.7% a year over the last 3 years.
• Net profit grew 97.4% a year over the last 3 years.
• Free cash flow is 20.7% of revenue: cash for dividends, buybacks or growth.

Similar companies

FIX · EME · PWR · APG · J · MTZ

Questions

What grade does Ferrovial SE (FER) have?

In our weekly check, Ferrovial SE is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 4, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of FER stock?

This week's biggest flags for Ferrovial SE: Margins falling, Weak revenue forecast, Low return on capital. In total 7 of 25 checks show a warning or a red flag.

What does Ferrovial SE do?

Ferrovial SE is an Industrials company (Industrial - Infrastructure Operations) based in the Netherlands, listed on NASDAQ as FER.

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 2026-11-07

Open the full analysis