Ferrovial S.A. (FER) - Net Assets
Based on the latest financial reports, Ferrovial S.A. (FER) has net assets worth €7.65 Billion EUR (≈ $8.95 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€26.56 Billion ≈ $31.05 Billion USD) and total liabilities (€18.91 Billion ≈ $22.11 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Explore how efficiently does Ferrovial S.A. generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.65 Billion |
| % of Total Assets | 28.81% |
| Annual Growth Rate | 9.24% |
| 5-Year Change | 112.18% |
| 10-Year Change | 24.14% |
| Growth Volatility | 67.34 |
Ferrovial S.A. - Net Assets Trend (2000–2024)
This chart illustrates how Ferrovial S.A.'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Ferrovial S.A. (FER) total market value.
Annual Net Assets for Ferrovial S.A. (2000–2024)
The table below shows the annual net assets of Ferrovial S.A. from 2000 to 2024. Read debt load of Ferrovial S.A. for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €8.12 Billion ≈ $9.49 Billion |
+38.12% |
| 2023-12-31 | €5.88 Billion ≈ $6.87 Billion |
-7.48% |
| 2022-12-31 | €6.35 Billion ≈ $7.43 Billion |
+8.82% |
| 2021-12-31 | €5.84 Billion ≈ $6.83 Billion |
+52.57% |
| 2020-12-31 | €3.83 Billion ≈ $4.47 Billion |
-24.77% |
| 2019-12-31 | €5.09 Billion ≈ $5.95 Billion |
-5.15% |
| 2018-12-31 | €5.36 Billion ≈ $6.27 Billion |
-13.97% |
| 2017-12-31 | €6.23 Billion ≈ $7.29 Billion |
-1.27% |
| 2016-12-31 | €6.31 Billion ≈ $7.38 Billion |
-3.47% |
| 2015-12-31 | €6.54 Billion ≈ $7.65 Billion |
+8.64% |
| 2014-12-31 | €6.02 Billion ≈ $7.04 Billion |
-0.87% |
| 2013-12-31 | €6.07 Billion ≈ $7.10 Billion |
+5.40% |
| 2012-12-31 | €5.76 Billion ≈ $6.74 Billion |
-8.35% |
| 2011-12-31 | €6.29 Billion ≈ $7.35 Billion |
-5.13% |
| 2010-12-31 | €6.63 Billion ≈ $7.75 Billion |
+45.45% |
| 2009-12-31 | €4.56 Billion ≈ $5.33 Billion |
+23.43% |
| 2008-12-31 | €3.69 Billion ≈ $4.32 Billion |
-46.09% |
| 2007-12-31 | €6.85 Billion ≈ $8.01 Billion |
+2.79% |
| 2006-12-31 | €6.66 Billion ≈ $7.79 Billion |
+324.70% |
| 2005-12-31 | €1.57 Billion ≈ $1.83 Billion |
+12.14% |
| 2004-12-31 | €1.40 Billion ≈ $1.64 Billion |
-13.64% |
| 2003-12-31 | €1.62 Billion ≈ $1.89 Billion |
+19.39% |
| 2002-12-31 | €1.36 Billion ≈ $1.59 Billion |
+29.64% |
| 2001-12-31 | €1.05 Billion ≈ $1.22 Billion |
+7.44% |
| 2000-12-31 | €973.96 Million ≈ $1.14 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Ferrovial S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5041.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.54 Billion | 41.74% |
| Common Stock | €7.00 Million | 0.12% |
| Other Comprehensive Income | €-706.00 Million | -11.62% |
| Other Components | €4.24 Billion | 69.76% |
| Total Equity | €6.08 Billion | 100.00% |
Ferrovial S.A. Competitors by Market Cap
The table below lists competitors of Ferrovial S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prudential plc
MX:PUKN
|
$39.83 Billion |
|
Banco BTG Pactual S.A.
SA:BPAC11
|
$39.92 Billion |
|
Aselsan Elektronik Sanayi ve Ticaret AS
IS:ASELS
|
$40.04 Billion |
|
JD.com Inc Adr
NASDAQ:JD
|
$40.04 Billion |
|
Ventas Inc
NYSE:VTR
|
$39.72 Billion |
|
ArcelorMittal SA
AS:MT
|
$39.68 Billion |
|
CTBC Financial Holding Co Ltd Pref
TW:2891B
|
$39.68 Billion |
|
Deutsche Börse AG
XETRA:DB1
|
$39.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferrovial S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,766,000,000 to 6,075,000,000, a change of 2,309,000,000 (61.3%).
- Net income of 3,239,000,000 contributed positively to equity growth.
- Dividend payments of 130,000,000 reduced retained earnings.
- Share repurchases of 973,000,000 reduced equity.
- Other comprehensive income increased equity by 143,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.24 Billion | +53.32% |
| Dividends Paid | €130.00 Million | -2.14% |
| Share Repurchases | €973.00 Million | -16.02% |
| Other Comprehensive Income | €143.00 Million | +2.35% |
| Other Changes | €30.00 Million | +0.49% |
| Total Change | €- | 61.31% |
Book Value vs Market Value Analysis
This analysis compares Ferrovial S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.92x to 6.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €2.45 | €58.66 | x |
| 2005-12-31 | €1.95 | €58.66 | x |
| 2006-12-31 | €5.94 | €58.66 | x |
| 2007-12-31 | €6.63 | €58.66 | x |
| 2008-12-31 | €2.68 | €58.66 | x |
| 2009-12-31 | €5.06 | €58.66 | x |
| 2010-12-31 | €7.08 | €58.66 | x |
| 2011-12-31 | €8.37 | €58.66 | x |
| 2012-12-31 | €7.69 | €58.66 | x |
| 2013-12-31 | €7.80 | €58.66 | x |
| 2014-12-31 | €7.48 | €58.66 | x |
| 2015-12-31 | €8.28 | €58.66 | x |
| 2016-12-31 | €7.37 | €58.66 | x |
| 2017-12-31 | €7.53 | €58.66 | x |
| 2018-12-31 | €5.60 | €58.66 | x |
| 2019-12-31 | €5.88 | €58.66 | x |
| 2020-12-31 | €4.27 | €58.66 | x |
| 2021-12-31 | €5.53 | €58.66 | x |
| 2022-12-31 | €5.69 | €58.66 | x |
| 2023-12-31 | €5.17 | €58.66 | x |
| 2024-12-31 | €8.39 | €58.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferrovial S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 53.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.41%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 4.77x
- Recent ROE (53.32%) is above the historical average (10.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -2.01% | -4.78% | 0.06x | 6.47x | €-138.42 Million |
| 2005 | 36.20% | 4.63% | 0.88x | 8.91x | €300.98 Million |
| 2006 | 40.70% | 11.54% | 0.23x | 15.64x | €1.08 Billion |
| 2007 | 18.76% | 5.02% | 0.28x | 13.19x | €342.80 Million |
| 2008 | -53.07% | -5.93% | 0.29x | 30.53x | €-995.90 Million |
| 2009 | -15.70% | -3.88% | 0.27x | 14.77x | €-767.70 Million |
| 2010 | 42.01% | 23.25% | 0.22x | 8.33x | €1.66 Billion |
| 2011 | 20.25% | 16.69% | 0.32x | 3.74x | €629.20 Million |
| 2012 | 12.27% | 9.00% | 0.35x | 3.94x | €127.80 Million |
| 2013 | 12.71% | 8.90% | 0.36x | 3.99x | €155.10 Million |
| 2014 | 7.09% | 4.57% | 0.35x | 4.49x | €-165.20 Million |
| 2015 | 11.89% | 7.42% | 0.38x | 4.19x | €114.20 Million |
| 2016 | 6.72% | 3.50% | 0.46x | 4.18x | €-183.70 Million |
| 2017 | 8.25% | 8.81% | 0.22x | 4.18x | €-96.30 Million |
| 2018 | -9.89% | -7.81% | 0.25x | 5.04x | €-901.00 Million |
| 2019 | 6.23% | 4.43% | 0.25x | 5.60x | €-162.40 Million |
| 2020 | -13.30% | -6.69% | 0.27x | 7.26x | €-742.70 Million |
| 2021 | 29.59% | 17.67% | 0.27x | 6.15x | €793.20 Million |
| 2022 | 4.57% | 2.49% | 0.29x | 6.39x | €-223.30 Million |
| 2023 | 12.21% | 5.40% | 0.32x | 6.99x | €83.40 Million |
| 2024 | 53.32% | 35.41% | 0.32x | 4.77x | €2.63 Billion |
Industry Comparison
This section compares Ferrovial S.A.'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,652,085,269
- Average return on equity (ROE) among peers: 11.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferrovial S.A. (FER) | €7.65 Billion | -2.01% | 2.47x | $39.72 Billion |
| ACS Actividades de Construccion y Servicios SA (ACS) | $7.03 Billion | 43.33% | 4.07x | $26.81 Billion |
| Acciona (ANA) | $6.41 Billion | 12.53% | 4.59x | $11.79 Billion |
| CLERHP Estructuras S.A (CLR) | $161.00K | 110.56% | 5.26x | $100.82 Million |
| Elecnor S.A (ENO) | $599.28 Million | 21.82% | 3.71x | $2.40 Billion |
| Enerside Energy S.A. (ENRS) | $44.17 Million | -31.04% | 0.99x | $43.02 Million |
| Grupo Ezentis S.A (EZE) | $5.36 Million | -59.71% | 6.96x | $48.37 Million |
| Grenergy Renovables S.A (GRE) | $415.30 Million | 20.95% | 4.21x | $3.37 Billion |
| Grupo Empresarial San Jose SA (GSJ) | $247.12 Million | -1.44% | 0.62x | $552.72 Million |
| Duro Felguera (MDF) | $121.17 Million | -15.02% | 7.78x | $37.01 Million |
About Ferrovial S.A.
Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of publi… Read more