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Elecnor SA (BME:ENO)

Construction and Engineering
Industrial
cíclico

Elecnor, S.A. engages in the development, construction, operation of projects and services in Spain, and internationally. The company offers energy transports, conversion, and distribution; maintenance and generation of power from wind farms, solar, biomass, combined cycle power, and hydroelectric plants; undertakes catenary, substations, signaling, interlocking, communication, and remote control works; and constructs site rehabilitation, building rehabilitation, installations, outfitting and equipment, ornamental lighting, and prefabs. It also involved in the water resource planning, and water transport and distribution networks; environmental development and protection; waste and sewerage and water purification treatment and reuse activities; transmission of power generated by gas-fired plants; construction and maintenance of distribution pipelines; and operation of compression, and metering and regulator stations. In addition, the company offers energy maintenance and efficiency services, such as technical assistance, administrative support, network operations, live working, installation and equipment maintenance, and customer management; telecommunications comprising telecommunications infrastructure, systems and networks, automation and infrastructure control, smart cities, and industrial automation; and electricity, HVAC, fire protection, ventilation, energy efficiency, automation and control, management systems, safety and security, public address and sound systems, telecommunications, plumbing , and sewer systems facilities. Elecnor, S.A. was incorporated in 1958 and is based in Madrid, Spain. Elecnor, S.A. is a subsidiary of Cantiles XXI, S.L.

Precio Actual

€37.05
-0.80% vs día anterior

Capitalización

3.8B

Desviación

+19.84%

Crec. Y/Y

1.5%

Margen EBIT

3.9%

ROIC

3%

PEG Ratio

1.14

ROE

3.7%

Crec. EPS 3A

21.1%

Net Debt / EBITDA

-1.7x
Esta empresa tiene una posición de caja neta (más efectivo que deuda).

Último Análisis

04/2026
Fecha en la que se realizó la última valoración profunda de esta acción.

Proyecciones CAGR

Proyecciones de tasa de crecimiento anual compuesta basadas en diferentes modelos de valoración. CAGR EV/FCF es la métrica principal.

CAGR EV/FCF
6.4%
CAGR EV/FCF 2026:
-16.6%
CAGR Prom.:
4.3%
CAGR P/E:
11.9%
CAGR EV/EBITDA: -1.8%
CAGR EV/EBIT: 0.6%
Precio de compra para +15%:
€24.61

Múltiplos de Valoración

Múltiplos de valoración utilizados para las estimaciones de CAGR y precios objetivo.

PER
24x
(Fair P/E: 51x)
EV/FCF
20x
CAGR EV/EBITDA
9x
CAGR EV/EBIT
15x

Gráfico de Evolución del Precio

Precios Objetivo FCF

Precios futuros estimados de la acción basados en proyecciones de flujo de caja libre.

Calculadora de Sensibilidad

Compara el CAGR de tu valoración con el que resultaría al aplicar diferentes múltiplos (LTM y Fair P/E).

Mercado LTM P/E
28x
Fair P/E
51x
CAGR EV/FCF
Tu Múltiplo: 20x
6.4%
13.8%
28.3%
CAGR P/E
Tu Múltiplo: 24x
11.9%
15.4%
30.1%
Tu CAGR
CAGR con LTM
CAGR con Fair P/E

Reverse DCF

Crec. Implícito del Mercado-10.7%
Tu CAGR EV/FCF6.4%
-10.7%6.4%
Margen de Seguridad: +17.1pp

Rentabilidad mínima que exiges a tu inversión. Refleja el coste de oportunidad y el riesgo.

Múltiplo EV/FCF al que se valorará la empresa al final del periodo de proyección.

Notas

Rendimiento Histórico vs. Índices

Rendimiento anual (YTD) de la acción comparado con índices y materias primas de referencia.

Media vs. Bitcoin
-273.46%
Media vs. Gold
+9.86%
Media vs. Bono USA 7-10y
+21.50%
Media vs. Bono USA 1-3y
+20.60%
Media vs. Bono USA 20+y
+22.70%
Media vs. Dow Jones
+9.33%
Media vs. S&P 500
+6.75%
Media vs. NASDAQ 100
+0.62%
Media vs. MSCI World
+9.11%
Media vs. Russell 2000
+11.90%
Media vs. STOXX Europe 600
+15.54%
statistics.year
Rendimiento BME:ENO
Rendimiento Bitcoin
Rendimiento vs. Bitcoin
Rendimiento Gold
Rendimiento vs. Gold
Rendimiento Bono USA 7-10y
Rendimiento vs. Bono USA 7-10y
Rendimiento Bono USA 1-3y
Rendimiento vs. Bono USA 1-3y
Rendimiento Bono USA 20+y
Rendimiento vs. Bono USA 20+y
Rendimiento Dow Jones
Rendimiento vs. Dow Jones
Rendimiento S&P 500
Rendimiento vs. S&P 500
Rendimiento NASDAQ 100
Rendimiento vs. NASDAQ 100
Rendimiento MSCI World
Rendimiento vs. MSCI World
Rendimiento Russell 2000
Rendimiento vs. Russell 2000
Rendimiento STOXX Europe 600
Rendimiento vs. STOXX Europe 600
2026
YTD en Vivo
51.53%-10.01%+61.55%8.78%+42.75%-0.54%+52.07%-0.35%+51.88%-0.37%+51.90%1.75%+49.78%4.47%+47.06%6.89%+44.64%4.70%+46.84%11.11%+40.42%2.43%+49.10%
2025
48.18%110.77%-62.59%26.96%+21.23%-3.73%+51.91%0.05%+48.13%-11.17%+59.35%12.80%+35.38%24.01%+24.17%30.78%+17.40%17.88%+30.30%10.80%+37.38%5.50%+42.68%
2024
-18.48%153.66%-172.13%11.76%-30.23%-0.15%-18.33%0.98%-19.46%-2.54%-15.93%13.74%-32.22%24.73%-43.21%44.52%-63.00%21.92%-40.40%15.78%-34.26%11.67%-30.15%
2023
84.43%-65.23%+149.66%0.78%+83.66%-15.93%+100.36%-5.00%+89.43%-31.00%+115.44%-9.40%+93.83%-19.95%+104.39%-33.89%+118.33%-19.70%+104.13%-22.50%+106.93%-13.29%+97.72%
2022
5.47%60.33%-54.86%-6.24%+11.71%-4.15%+9.62%-0.98%+6.46%-5.94%+11.41%20.23%-14.76%28.79%-23.32%23.20%-17.73%21.22%-15.75%15.39%-9.91%21.66%-16.19%
2021
-2.78%301.93%-304.70%23.90%-26.68%8.33%-11.10%2.02%-4.80%15.12%-17.90%6.02%-8.80%15.29%-18.07%41.75%-44.53%12.94%-15.72%18.48%-21.26%-4.64%+1.86%
2020
0.00%88.85%-88.85%17.78%-17.78%5.55%-5.55%1.20%-1.20%10.91%-10.91%21.91%-21.91%28.34%-28.34%34.60%-34.60%25.23%-25.23%23.05%-23.05%23.42%-23.42%
2019
-12.12%-71.79%+59.67%-3.12%-9.00%-0.97%-11.15%-0.24%-11.88%-3.17%-8.95%-6.03%-6.09%-7.01%-5.11%-5.30%-6.82%-11.16%-0.96%-13.00%+0.88%-13.42%+1.30%
2018
-0.90%1,184.56%-1,185.46%11.93%-12.83%0.76%-1.66%-0.63%-0.27%6.03%-6.94%24.33%-25.23%18.42%-19.32%27.16%-28.06%19.45%-20.36%12.45%-13.35%7.16%-8.06%
2017
47.67%1,184.56%-1,136.89%11.93%+35.74%-1.15%+48.82%-0.02%+47.69%-1.91%+49.58%24.33%+23.34%18.42%+29.25%27.16%+20.51%19.45%+28.21%12.45%+35.22%7.16%+40.51%
common.average20.30%293.76%-273.46%10.45%+9.86%-1.20%+21.50%-0.30%+20.60%-2.40%+22.70%10.97%+9.33%13.55%+6.75%19.69%+0.62%11.19%+9.11%8.40%+11.90%4.77%+15.54%
Rendimiento anual de cada inversión. La línea discontinua marca el benchmark. 0% (punto de equilibrio).

Historial de Valoración

Registro de los cambios en los parámetros de valoración a lo largo del tiempo.

Fecha de Valoración
Crec. Y/Y
Margen EBIT
Deuda/Pat.
PER
EV/FCF
CAGR EV/EBITDA
CAGR EV/EBIT
Objetivo 2026
Objetivo 2027
Objetivo 2028
Objetivo 2029
Objetivo 2030
4/13/20261.5%3.9%-1.7x24x(51x)20x9x15x€30.92€27.61€47.31€48.39€49.50
1/5/20263.4%3.4%0.5x24x(-111x)20x9x15x€7.56€15.52€11.68€11.95€12.22

Historial de Dividendos

Evolución de los dividendos por acción y métricas de crecimiento.

Yield Actual
2,564.10%
Crecimiento (5A)
5,535.3%
Años Consecutivos
4