Obrascon Huarte Lain SA (ES:OHLA)
BME:OHLA
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Obrascon Huarte Lain
(BME:OHLA)
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Rating:51Neutral
Price Target:
€0.40
▲(7.03% Upside)
Action:ReiteratedDate:03/13/26
The score is primarily held back by inconsistent profitability and uneven cash flow (including negative gross profit in 2025), despite improving leverage trends. Technicals are moderately constructive with price above key averages and positive MACD, but valuation is a major headwind due to an extremely high P/E and no dividend support.
Positive Factors
Improving leverage
A meaningful reduction in total debt alongside higher equity strengthens the capital structure, lowering refinancing and solvency risk. This durable improvement increases financial flexibility to bid on large projects and support concessions, improving resilience across construction cycles.
Negative Factors
Volatile profitability and negative gross profit
Negative gross profit in 2025 and swings between losses and small profits indicate unstable project economics and earnings quality. Persistent margin volatility undermines the company’s ability to generate reliable returns and plan capex, financing or dividend policies over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving leverage
A meaningful reduction in total debt alongside higher equity strengthens the capital structure, lowering refinancing and solvency risk. This durable improvement increases financial flexibility to bid on large projects and support concessions, improving resilience across construction cycles.
Read all positive factors
Obrascon Huarte Lain (OHLA) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€595.83M
Dividend YieldN/A
Average Volume (3M)9.49M
Price to Earnings (P/E)2.6
Beta (1Y)0.76
Revenue Growth1.39%
EPS Growth72.34%
CountryES
Employees8,656
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)0.03
Shares Outstanding1,383,432,300
10 Day Avg. Volume8,303,119
30 Day Avg. Volume9,492,597
Financial Highlights & Ratios
PEG Ratio-2.93
Price to Book (P/B)0.83
Price to Sales (P/S)0.15
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.01
Revenue Forecast (FY)€3.72B
Obrascon Huarte Lain Business Overview & Revenue Model
Company Description
Obrascón Huarte Lain, S.A. engages in the construction and concessions development businesses in the United States, Canada, Mexico, Chile, Peru, Colombia, Spain, Central and Eastern Europe, and internationally. It operates through Construction, In...
How the Company Makes Money
OHLA primarily makes money by contracting and executing construction and civil engineering projects for public-sector and private-sector clients. Revenue is recognized as projects progress under construction contracts, and earnings are driven by p...
Obrascon Huarte Lain Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
62
Positive
Cash Flow
53
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.46B | 3.65B | 3.13B | 2.87B | 2.78B |
| Gross Profit | -104.40M | 1.61B | 1.38B | 1.56B | 1.27B |
| EBITDA | 205.10M | 95.58M | 176.45M | 88.53M | 188.96M |
| Net Income | 1.70M | -49.92M | 5.52M | -96.84M | 5.95M |
Balance Sheet | |||||
| Total Assets | 3.47B | 3.57B | 3.26B | 3.19B | 3.06B |
| Cash, Cash Equivalents and Short-Term Investments | 668.10M | 707.37M | 611.29M | 517.71M | 558.44M |
| Total Debt | 432.46M | 595.29M | 588.54M | 532.22M | 564.39M |
| Total Liabilities | 2.84B | 3.04B | 2.76B | 2.64B | 2.44B |
| Stockholders Equity | 611.00M | 526.24M | 494.11M | 558.40M | 624.28M |
Cash Flow | |||||
| Free Cash Flow | 0.00 | 131.52M | 160.98M | -26.68M | -30.28M |
| Operating Cash Flow | 52.00M | 186.20M | 199.60M | 11.47M | -633.00K |
| Investing Cash Flow | -101.00M | 15.53M | -6.32M | 123.27M | 85.62M |
| Financing Cash Flow | 49.00M | -128.57M | -43.11M | -185.50M | -63.87M |
Obrascon Huarte Lain Technical Analysis
Positive
0.37
Price Trends
0.39
Positive
0.38
Positive
0.39
Positive
Market Momentum
<0.01
Positive
58.49
Neutral
64.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:OHLA, the sentiment is Positive. The current price of 0.37 is below the 20-day moving average (MA) of 0.42, below the 50-day MA of 0.39, and below the 200-day MA of 0.39, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 58.49 is Neutral, neither overbought nor oversold. The STOCH value of 64.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:OHLA.
Obrascon Huarte Lain Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | €28.95B | 22.99 | 20.71% | 2.38% | 25.47% | 7.63% | |
62 Neutral | €41.14B | 44.79 | 69.30% | 1.42% | 5.75% | 346.20% | |
60 Neutral | €12.66B | 12.61 | 18.00% | 2.87% | 4.87% | 339.22% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €5.16B | ― | 7.94% | 4.49% | 5.00% | -64.19% | |
53 Neutral | €3.52B | 32.80 | 8.86% | 5.28% | 2.03% | -32.59% | |
51 Neutral | €595.83M | 2.61 | 0.29% | ― | 1.39% | 72.34% |
* General Sector Average
ES:OHLA
Obrascon Huarte Lain
0.43
0.12
40.39%
ES:ANA
Acciona
231.60
127.87
123.26%
ES:ACS
Actividades de Construccion y Servicios SA
111.10
65.83
145.44%
ES:FER
Ferrovial
57.28
20.61
56.22%
ES:FCC
Fomento de Construcciones y Contratas
10.90
1.30
13.53%
ES:SCYR
Sacyr SA
4.46
1.72
62.64%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.