Fomento de Construcciones y Contratas (FCC) AI Stock Analysis

• Market Cap: €5.33B
• Dividend Yield: 4.49%
• Average Volume (3M): 19.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.89
• Revenue Growth: 5.00%
• EPS Growth: -64.19%
• Country: ES
• Employees: 61,791
• Sector: General
• Sector Strength: N/A
• Industry: Waste Management
• EPS (TTM): 0.18
• Shares Outstanding: 472,994,050
• 10 Day Avg. Volume: 25,722
• 30 Day Avg. Volume: 19,279
• PEG Ratio: -0.68
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.51
• P/FCF Ratio: 10.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.83
• Revenue Forecast (FY): €10.06B

• Rating: 55 Neutral
• Price Target: €11.00 ▼(-1.26% Downside)
• Action: Downgraded Date: 03/09/26
• Date: Action: Downgraded 03/09/26

The score is held back mainly by the sharp deterioration in 2025 profitability and still-elevated leverage, despite solid revenue growth and improved free cash flow. Technicals are weak with the stock trading below major moving averages and negative momentum, while valuation looks stretched on P/E though supported by a decent dividend yield.

Positive Factors

Diversified contract-based revenues

FCC’s revenues are rooted in long-term municipal and concession contracts across waste, water and construction. This contractual, diversified mix supports predictable cash flows, lower demand cyclicality and durable backlog visibility that underpin revenue resilience over 2–6 months.

Negative Factors

Profitability deterioration

A sharp fall in net margin to ~1.7% materially reduces earnings quality and free cash potential. Lower profitability limits capacity to fund reinvestment, weakens resilience to cost or pricing shocks, and constrains the company’s ability to restore returns absent margin improvement.

Fomento de Construcciones y Contratas Business Overview & Revenue Model

Company Description

Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, engages in the environmental services, water management, and infrastructure development businesses in Europe and internationally. The company offers services related to u...

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Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, engages in the environmental services, water management, and infrastructure development businesses in Europe and internationally. The company offers services related to u...

How the Company Makes Money

FCC generates revenue through multiple key streams, primarily from its construction projects, which include civil engineering and building works for public and private entities. The company also earns significant income from its environmental serv...

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FCC generates revenue through multiple key streams, primarily from its construction projects, which include civil engineering and building works for public and private entities. The company also earns significant income from its environmental serv...

Fomento de Construcciones y Contratas Financial Statement Overview

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.57B	9.70B	9.07B	8.41B	7.71B	6.66B
Gross Profit	5.82B	5.84B	5.41B	5.08B	4.91B	4.30B
EBITDA	1.28B	1.36B	1.49B	1.20B	1.19B	1.37B
Net Income	230.92M	164.37M	429.87M	589.06M	315.18M	580.13M
Balance Sheet
Total Assets	14.20B	15.80B	14.24B	16.72B	15.28B	14.24B
Cash, Cash Equivalents and Short-Term Investments	2.01B	2.99B	2.11B	1.86B	1.79B	1.66B
Total Debt	5.05B	5.73B	5.54B	5.37B	5.37B	5.34B
Total Liabilities	10.55B	11.06B	10.50B	10.57B	10.34B	9.80B
Stockholders Equity	2.71B	3.48B	2.73B	4.45B	3.39B	3.01B
Cash Flow
Free Cash Flow	419.21M	486.90M	437.97M	-66.05M	922.92M	358.85M
Operating Cash Flow	1.22B	1.20B	1.28B	785.38M	1.55B	746.25M
Investing Cash Flow	-862.44M	-1.05B	-1.30B	-962.44M	-938.04M	193.08M
Financing Cash Flow	154.03M	813.51M	234.72M	210.26M	-567.20M	-627.73M

Fomento de Construcciones y Contratas Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:FCC, the sentiment is Neutral. The current price of 11.14 is above the 20-day moving average (MA) of 10.65, above the 50-day MA of 11.07, and below the 200-day MA of 11.20, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 56.03 is Neutral, neither overbought nor oversold. The STOCH value of 89.04 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:FCC.

Fomento de Construcciones y Contratas Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACS	65 Neutral	€31.04B	22.99	20.71%	2.38%	25.47%	7.63%
FER	62 Neutral	€42.94B	44.79	15.04%	1.42%	5.75%	346.20%
ANA	60 Neutral	€12.84B	12.61	18.00%	2.87%	4.87%	339.22%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FCC	55 Neutral	€5.33B	―	5.36%	4.49%	5.00%	-64.19%
SCYR	53 Neutral	€3.63B	32.80	8.86%	5.28%	2.03%	-32.59%
OHLA	51 Neutral	€625.69M	297.92	0.29%	―	1.39%	72.34%