Ferrovial reported mixed third-quarter results, as strength in construction offset some traffic weakness in the concession portfolio. The group provided additional disclosures on the I-24 and I-285E awards, which was important, given that the uncertainty has been an overhang on the shares.
407 ETR has proved it can increase earnings well ahead of inflation, and the concession still has 72 years remaining.
Construction businesses can face cost overruns resulting from factors beyond their control, such as weather.
|
Metric
|
FER
|
DG
|
TCL
|
|---|---|---|---|
Price/Earnings (Normalized) | 55.80 | 10.44 | 131.89 |
Price/Book Value | 6.10 | 1.97 | 5.59 |
Price/Sales | 3.45 | 0.80 | 11.06 |
Price/Cash Flow | 21.20 | 6.35 | 24.53 |
|
Metric
|
FER
|
DG
|
TCL
|
|---|---|---|---|
Quick Ratio | 1.09 | 0.62 | 0.71 |
Current Ratio | 1.20 | 0.83 | 0.77 |
Interest Coverage | — | 6.00 | 1.15 |
|
Metric
|
FER
|
DG
|
TCL
|
|---|---|---|---|
Return on Assets (Normalized) | 5.73% | 3.95% | 1.23% |
Return on Equity (Normalized) | 26.53% | 17.50% | 4.96% |
Return on Invested Capital (Normalized) | 8.54% | 8.80% | 3.32% |
|
1-Day Chart
|
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Price
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Morningstar Rating for Stocks
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United States