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ACXIF US​
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ACXIF US​
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Acciona, S.A.(ACXIF US)

$223.84-19.808.13%(Market Open · 17:15:51 UTC)
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Acciona, S.A.(ACXIF US)

$223.84-19.808.13%(Market Open · 17:15:51 UTC)
Ask AI
Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Financials & Metrics

FinancialsChartingShort InterestEmployees

Acciona, S.A. — Company Profile

Acciona, S.A., operating globally through its subsidiaries, is a diversified enterprise with core activities spanning the energy, infrastructure, and various specialized service sectors, both within Spain and internationally. In the realm of energy, the company manages the entire project lifecycle—from development and construction to operation and maintenance—for a variety of renewable power generation facilities, including wind, solar photovoltaic, solar thermal, hydroelectric, and biomass plants. Its extensive infrastructure division undertakes the design, construction, upkeep, and management of a wide array of projects. These range from transportation networks such as bridges, highways, motorways, roads, tunnels, railways, metros, and trams, to maritime facilities like ports and water channels, airports, and critical utilities such as data centers, substations, and transmission lines, also encompassing freight forwarding services. Acciona also plays a vital role in water management, designing, constructing, and operating facilities for drinking water purification, reverse osmosis desalination, wastewater treatment, and tertiary treatment for water reuse. Beyond this, its activities extend to developing, managing, and operating healthcare and university campuses, undertaking ecosystem restoration initiatives, and handling museums and exhibitions, alongside event planning and management. The company's diverse offerings further encompass the development and management of properties, including hotels, holiday resorts, offices, and industrial complexes. Additional services range from providing financial solutions and facility management to specialized airport handling and museum interior design. Moreover, Acciona is involved in fund management, stock brokerage, and innovative ventures such as motorbike sharing. Acciona, S.A. was founded in 1916 and is headquartered in Alcobendas, Spain.

Sector
Industrials
Industry
Engineering & Construction
Exchange
UU
CEO
Jose Manuel Entrecanales Domecq
Headquarters
Madrid, MA, ES
IPO Date
Dec 29, 2009
Employees
68,502
Website
www.acciona.com

Key Metrics

Price
$246.37
Market Cap
$13.43B
Revenue (TTM)
$20.23B
Net Income (TTM)
$802.70M
EPS (TTM)
14.73
P/E (TTM)
16.14
P/B (TTM)
2.85
Dividend Yield
1.78%
ROE (TTM)
17.06%
ROA (TTM)
2.24%
Operating Margin
8.52%
Beta
1.06

Dividends

Last Dividend
$5.33
Last Yield
0.02%

Summary

Acciona, S.A., operating globally through its subsidiaries, is a diversified enterprise with core activities spanning the energy, infrastructure, and various specialized service sectors, both within Spain and internationally. In the realm of energy, the company manages the entire project lifecycle—from development and construction to operation and maintenance—for a variety of renewable power generation facilities, including wind, solar photovoltaic, solar thermal, hydroelectric, and biomass plants. Its extensive infrastructure division undertakes the design, construction, upkeep, and management of a wide array of projects. These range from transportation networks such as bridges, highways, motorways, roads, tunnels, railways, metros, and trams, to maritime facilities like ports and water channels, airports, and critical utilities such as data centers, substations, and transmission lines, also encompassing freight forwarding services. Acciona also plays a vital role in water management, designing, constructing, and operating facilities for drinking water purification, reverse osmosis desalination, wastewater treatment, and tertiary treatment for water reuse. Beyond this, its activities extend to developing, managing, and operating healthcare and university campuses, undertaking ecosystem restoration initiatives, and handling museums and exhibitions, alongside event planning and management. The company's diverse offerings further encompass the development and management of properties, including hotels, holiday resorts, offices, and industrial complexes. Additional services range from providing financial solutions and facility management to specialized airport handling and museum interior design. Moreover, Acciona is involved in fund management, stock brokerage, and innovative ventures such as motorbike sharing. Acciona, S.A. was founded in 1916 and is headquartered in Alcobendas, Spain.

Website
www.acciona.com
Location
Madrid, MA, ES
Phone34 91 663 28 50
Employees68,502
CEOJose Manuel Entrecanales Domecq
Sector
Industrials
IndustryEngineering & Construction
IPO DateDec 29, 2009

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(52)

Expand
  • F-6EFFORM F-620 Oct 2008
  • SC 13D/AENDESA SA19 Nov 2007
  • SC 13D/AENDESA SA22 Oct 2007
  • SC 13D/AENDESA SA5 Oct 2007
  • SC TO-T/ATender offer statement (third-party, amendment)11 Sep 2007
  • SC 13D/AENDESA SA25 Jul 2007
  • SC TO-CTender offer statement (communication)6 Jul 2007
  • SC 13D/AENDESA SA6 Jul 2007
  • SC 13D/AENDESA SA5 Jul 2007
  • SC TO-CSCHEDULE TO5 Jul 2007
  • SC 13D/AENDESA SA2 Jul 2007
  • SC TO-CTender offer statement (communication)2 Jul 2007
  • SC 13D/AENDESA SA11 Jun 2007
  • SC TO-CTender offer statement (communication)11 Jun 2007
  • SC TO-CTender offer statement (communication)7 Jun 2007
  • SC 13D/AENDESA SA7 Jun 2007
  • SC 13D/AENDESA SA4 May 2007
  • SC TO-CSCHEDULE TO-C4 May 2007
  • SC TO-CSCHEDULE TO-C26 Apr 2007
  • SC 13D/AENDESA SA26 Apr 2007

News

  • EQT, Norges team up to bid for Acciona Energia, Expansion reports15 Sep

Mentions in Filings

  • … ancial statements of the Company and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated in consolidation. In addition, we include our share of the results of our joint venture with <strong>Acciona</strong> Generación Renovable, S.A. in Spain, named AccionaPlug S.L., our investment in Clean H2 Infra Fund and our former joint venture with SK Innovation Co., Ltd, successor in interest to SK E&S Co., Ltd. in South Korea, named …
    PLUG POWER INCAcciona, S.A.·10-Q - Quarterly report Q3·Q3 26·9 Nov
  • On January 31, 2023, the projects “Enlace 220 kV Ica – Poroma, ampliaciones y subestaciones asociadas” and “ITC Enlace 220 kV Caclic – Jaen Norte (2 circuitos), ampliaciones y subestaciones asociadas” were awarded to <strong>Acciona</strong> Concesiones S.L. The projects involve an investment of U.S.$73.1 million and will permit the regions of Ica, Amazonas and Cajamarca to meet increased demand for electricity. The projects are expected to be completed in Decemb …
    PERU REPUBLIC OFAcciona, S.A.·EX-99.D - 18-K - EXHIBIT 99D FY 2025·FY25·9 Nov
  • … e. Mr. Shrestha serves as an independent director on the board of directors of Fusemachines, an artificial intelligence talent and education solutions company. Mr. Shrestha currently serves on the board of directors of <strong>Acciona</strong>Plug S.L., which is the Company’s joint venture with Acciona Generación Renovable, S.A., and Hidrogenii, which is the Company’s joint venture with Niloco Hydrogen Holdings LLC, a wholly-owned subsidiary of Olin Corporati …
    Health In Tech, Inc.Acciona, S.A.·ARS - Annual report to security holders·FY25·13 Oct
  • … ,420.92 | | | | KPN (KON.) | 227,886 | 4.47 | 1,020,245.62 | | | | ORANGE | 104,881 | 16.51 | 1,731,585.31 | | | | TELECOM ITALIA ORD | 489,749 | 0.59 | 293,359.65 | | | | TELEFONICA | 229,139 | 3.61 | 829,254.04 | | | | <strong>ACCIONA</strong> SA | 1,278 | 184.60 | 235,918.80 | | | | E.ON SE | 125,722 | 17.69 | 2,224,022.18 | | | | EDP ​​RENOVAVEIS SA | 15,623 | 13.20 | 206,223.60 | | | | EDP ​​SA | 189,324 | 4.32 | 819,015.62 | | | | ELIA GROUP SA/NV | 2,940 | …
    三井住友トラスト・アセットマネジメント株式会社Acciona, S.A.·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … ,420.92 | | | | KPN (KON.) | 227,886 | 4.47 | 1,020,245.62 | | | | ORANGE | 104,881 | 16.51 | 1,731,585.31 | | | | TELECOM ITALIA ORD | 489,749 | 0.59 | 293,359.65 | | | | TELEFONICA | 229,139 | 3.61 | 829,254.04 | | | | <strong>ACCIONA</strong> SA | 1,278 | 184.60 | 235,918.80 | | | | E.ON SE | 125,722 | 17.69 | 2,224,022.18 | | | | EDP ​​RENOVAVEIS SA | 15,623 | 13.20 | 206,223.60 | | | | EDP ​​SA | 189,324 | 4.32 | 819,015.62 | | | | ELIA GROUP SA/NV | 2,940 | …
    三井住友トラスト・アセットマネジメント株式会社Acciona, S.A.·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … A 2027E | | Company Name | Symbol | Stock Price | | Market Capitalization | | Enterprise Value | | | | | | EDP Renewables, S.A. | ENXTLS:EDPR | $ | 13.9 | $ | 14,732.8 | $ | 27,916.4 | $ | 2,302.3 | 12.1x | | Corporación <strong>Acciona</strong> Energías Renovables, S.A. | BME:ANE | $ | 23.6 | $ | 7,674.3 | $ | 13,692.8 | $ | 1,157.0 | 11.8x | | ERG S.p.A. | BIT:ERG | $ | 24.6 | $ | 3,579.3 | $ | 6,169.6 | $ | 625.8 | 9.9x | | Solaria Energía y Medio Ambiente, S. …
    ClimateRock Holdings LtdAcciona, S.A.·F-4/A - REGISTRATION STATEMENT·Q4 26·30 Oct

Key Stats

Trading

Px/Chg 1D$246.37 / +8.34%
Avg Volume469.14
Beta1.06
Mkt Cap13.43B
FD Mkt Cap13.82B

Float

Shrs Out/Float54.51M / 21.31M
Short Float0.01%
Days to Cover848.20
Stock Repurchased$0.00

Current Valuation

EV23.23B
EV/EBITDA9.76
EV/Sales1.07
P/B2.85
P/S0.62
FCF Yield2.82%
ROE17.06%
ROA2.24%
Current Ratio1.19

Dividend

Cash$5.33
Yield1.78%
Yield (TTM)1.78%

Estimates

P/E16.14
Est P/E0.00
Est EPS3.96
Est PEG0.00

Valuation

Metric5Yr AvgMar '22Mar '23Mar '24Mar '25Oct '26
PRICE-BASED RATIOS
Price / Earnings20.0631.2623.9211.9216.4616.73
Price / Sales0.711.280.860.360.360.66
Price / Book Value2.032.412.161.291.442.85
Price / Free Cash Flow-6.20-27.65-19.28-5.38-14.1235.44
ENTERPRISE VALUE METRICS
Enterprise Value17,952.916,237.017,535.715,929.916,827.323,234.4
Enterprise Value / Sales1.272.001.440.890.881.15
Enterprise Value / EBITDA9.2814.4110.676.576.578.18
Enterprise Value / EBIT15.3424.3115.1211.9811.8313.48

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue25.7%8,104.312,211.017,967.019,190.020,228.4
Gross Income15%6,234.18,800.012,502.012,131.010,892.9
EBITDA26%1,127.01,643.02,424.02,562.02,841.9
EBIT26.7%668.01,160.01,330.01,423.01,723.4
Net Income24.7%332.0441.0541.0422.0802.7
EPS (Diluted)24.8%6.088.069.897.7414.73
BALANCE SHEET
Cash & ST Inv20.8%2,530.22,663.04,306.04,816.05,396.0
Total Assets16.3%19,602.822,595.031,650.034,620.035,836.6
Total Liabilities20.3%14,045.416,291.024,799.028,244.029,431.0
Total Shareholder Equity2.2%4,311.74,885.05,009.04,812.04,704.2
CASH FLOW
Net Operating Cash Flow39.1%573.01,648.01,695.02,239.02,147.2
Cap Ex16.9%-948.4-2,195.0-2,894.0-2,731.0-1,768.3
Free Cash Flow—-375.4-547.0-1,199.0-492.0378.9

Enterprise Value Bridge

Millions EUR13 Nov '26
Price (As of 13 Nov '26)228.34
Basic Shares54.51
Market Cap12,445.8
Diluted Shares53.81
Fully Diluted Shares Outstanding53.81
Fully Diluted Market Cap12,286.4
+Consolidated Debt14,703.0
−In-the-Money Convertible Debt—
+Capital Leases905.0
+Operating Leases—
−Cash & Equivalents-5,373.0
−Short-term Investments-605.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,722.0
+Pension Liabilities—
Enterprise Value23,497.8

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Acciona, S.A. — Company Profile

Acciona, S.A., operating globally through its subsidiaries, is a diversified enterprise with core activities spanning the energy, infrastructure, and various specialized service sectors, both within Spain and internationally. In the realm of energy, the company manages the entire project lifecycle—from development and construction to operation and maintenance—for a variety of renewable power generation facilities, including wind, solar photovoltaic, solar thermal, hydroelectric, and biomass plants. Its extensive infrastructure division undertakes the design, construction, upkeep, and management of a wide array of projects. These range from transportation networks such as bridges, highways, motorways, roads, tunnels, railways, metros, and trams, to maritime facilities like ports and water channels, airports, and critical utilities such as data centers, substations, and transmission lines, also encompassing freight forwarding services. Acciona also plays a vital role in water management, designing, constructing, and operating facilities for drinking water purification, reverse osmosis desalination, wastewater treatment, and tertiary treatment for water reuse. Beyond this, its activities extend to developing, managing, and operating healthcare and university campuses, undertaking ecosystem restoration initiatives, and handling museums and exhibitions, alongside event planning and management. The company's diverse offerings further encompass the development and management of properties, including hotels, holiday resorts, offices, and industrial complexes. Additional services range from providing financial solutions and facility management to specialized airport handling and museum interior design. Moreover, Acciona is involved in fund management, stock brokerage, and innovative ventures such as motorbike sharing. Acciona, S.A. was founded in 1916 and is headquartered in Alcobendas, Spain.

Sector
Industrials
Industry
Engineering & Construction
Exchange
UU
CEO
Jose Manuel Entrecanales Domecq
Headquarters
Madrid, MA, ES
IPO Date
Dec 29, 2009
Employees
68,502
Website
www.acciona.com

Key Metrics

Price
$246.37
Market Cap
$13.43B
Revenue (TTM)
$20.23B
Net Income (TTM)
$802.70M
EPS (TTM)
14.73
P/E (TTM)
16.14
P/B (TTM)
2.85
Dividend Yield
1.78%
ROE (TTM)
17.06%
ROA (TTM)
2.24%
Operating Margin
8.52%
Beta
1.06

Dividends

Last Dividend
$5.33
Last Yield
0.02%

Summary

Acciona, S.A., operating globally through its subsidiaries, is a diversified enterprise with core activities spanning the energy, infrastructure, and various specialized service sectors, both within Spain and internationally. In the realm of energy, the company manages the entire project lifecycle—from development and construction to operation and maintenance—for a variety of renewable power generation facilities, including wind, solar photovoltaic, solar thermal, hydroelectric, and biomass plants. Its extensive infrastructure division undertakes the design, construction, upkeep, and management of a wide array of projects. These range from transportation networks such as bridges, highways, motorways, roads, tunnels, railways, metros, and trams, to maritime facilities like ports and water channels, airports, and critical utilities such as data centers, substations, and transmission lines, also encompassing freight forwarding services. Acciona also plays a vital role in water management, designing, constructing, and operating facilities for drinking water purification, reverse osmosis desalination, wastewater treatment, and tertiary treatment for water reuse. Beyond this, its activities extend to developing, managing, and operating healthcare and university campuses, undertaking ecosystem restoration initiatives, and handling museums and exhibitions, alongside event planning and management. The company's diverse offerings further encompass the development and management of properties, including hotels, holiday resorts, offices, and industrial complexes. Additional services range from providing financial solutions and facility management to specialized airport handling and museum interior design. Moreover, Acciona is involved in fund management, stock brokerage, and innovative ventures such as motorbike sharing. Acciona, S.A. was founded in 1916 and is headquartered in Alcobendas, Spain.

Website
www.acciona.com
Location
Madrid, MA, ES
Phone34 91 663 28 50
Employees68,502
CEOJose Manuel Entrecanales Domecq
Sector
Industrials
IndustryEngineering & Construction
IPO DateDec 29, 2009

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(52)

Expand
  • F-6EFFORM F-620 Oct 2008
  • SC 13D/AENDESA SA19 Nov 2007
  • SC 13D/AENDESA SA22 Oct 2007
  • SC 13D/AENDESA SA5 Oct 2007
  • SC TO-T/ATender offer statement (third-party, amendment)11 Sep 2007
  • SC 13D/AENDESA SA25 Jul 2007
  • SC TO-CTender offer statement (communication)6 Jul 2007
  • SC 13D/AENDESA SA6 Jul 2007
  • SC 13D/AENDESA SA5 Jul 2007
  • SC TO-CSCHEDULE TO5 Jul 2007
  • SC 13D/AENDESA SA2 Jul 2007
  • SC TO-CTender offer statement (communication)2 Jul 2007
  • SC 13D/AENDESA SA11 Jun 2007
  • SC TO-CTender offer statement (communication)11 Jun 2007
  • SC TO-CTender offer statement (communication)7 Jun 2007
  • SC 13D/AENDESA SA7 Jun 2007
  • SC 13D/AENDESA SA4 May 2007
  • SC TO-CSCHEDULE TO-C4 May 2007
  • SC TO-CSCHEDULE TO-C26 Apr 2007
  • SC 13D/AENDESA SA26 Apr 2007

News

  • EQT, Norges team up to bid for Acciona Energia, Expansion reports15 Sep

Mentions in Filings

  • … ancial statements of the Company and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated in consolidation. In addition, we include our share of the results of our joint venture with <strong>Acciona</strong> Generación Renovable, S.A. in Spain, named AccionaPlug S.L., our investment in Clean H2 Infra Fund and our former joint venture with SK Innovation Co., Ltd, successor in interest to SK E&S Co., Ltd. in South Korea, named …
    PLUG POWER INCAcciona, S.A.·10-Q - Quarterly report Q3·Q3 26·9 Nov
  • On January 31, 2023, the projects “Enlace 220 kV Ica – Poroma, ampliaciones y subestaciones asociadas” and “ITC Enlace 220 kV Caclic – Jaen Norte (2 circuitos), ampliaciones y subestaciones asociadas” were awarded to <strong>Acciona</strong> Concesiones S.L. The projects involve an investment of U.S.$73.1 million and will permit the regions of Ica, Amazonas and Cajamarca to meet increased demand for electricity. The projects are expected to be completed in Decemb …
    PERU REPUBLIC OFAcciona, S.A.·EX-99.D - 18-K - EXHIBIT 99D FY 2025·FY25·9 Nov
  • … e. Mr. Shrestha serves as an independent director on the board of directors of Fusemachines, an artificial intelligence talent and education solutions company. Mr. Shrestha currently serves on the board of directors of <strong>Acciona</strong>Plug S.L., which is the Company’s joint venture with Acciona Generación Renovable, S.A., and Hidrogenii, which is the Company’s joint venture with Niloco Hydrogen Holdings LLC, a wholly-owned subsidiary of Olin Corporati …
    Health In Tech, Inc.Acciona, S.A.·ARS - Annual report to security holders·FY25·13 Oct
  • … ,420.92 | | | | KPN (KON.) | 227,886 | 4.47 | 1,020,245.62 | | | | ORANGE | 104,881 | 16.51 | 1,731,585.31 | | | | TELECOM ITALIA ORD | 489,749 | 0.59 | 293,359.65 | | | | TELEFONICA | 229,139 | 3.61 | 829,254.04 | | | | <strong>ACCIONA</strong> SA | 1,278 | 184.60 | 235,918.80 | | | | E.ON SE | 125,722 | 17.69 | 2,224,022.18 | | | | EDP ​​RENOVAVEIS SA | 15,623 | 13.20 | 206,223.60 | | | | EDP ​​SA | 189,324 | 4.32 | 819,015.62 | | | | ELIA GROUP SA/NV | 2,940 | …
    三井住友トラスト・アセットマネジメント株式会社Acciona, S.A.·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … ,420.92 | | | | KPN (KON.) | 227,886 | 4.47 | 1,020,245.62 | | | | ORANGE | 104,881 | 16.51 | 1,731,585.31 | | | | TELECOM ITALIA ORD | 489,749 | 0.59 | 293,359.65 | | | | TELEFONICA | 229,139 | 3.61 | 829,254.04 | | | | <strong>ACCIONA</strong> SA | 1,278 | 184.60 | 235,918.80 | | | | E.ON SE | 125,722 | 17.69 | 2,224,022.18 | | | | EDP ​​RENOVAVEIS SA | 15,623 | 13.20 | 206,223.60 | | | | EDP ​​SA | 189,324 | 4.32 | 819,015.62 | | | | ELIA GROUP SA/NV | 2,940 | …
    三井住友トラスト・アセットマネジメント株式会社Acciona, S.A.·Prospectus - Securities registration statement·09 Nov·8 Nov
  • … A 2027E | | Company Name | Symbol | Stock Price | | Market Capitalization | | Enterprise Value | | | | | | EDP Renewables, S.A. | ENXTLS:EDPR | $ | 13.9 | $ | 14,732.8 | $ | 27,916.4 | $ | 2,302.3 | 12.1x | | Corporación <strong>Acciona</strong> Energías Renovables, S.A. | BME:ANE | $ | 23.6 | $ | 7,674.3 | $ | 13,692.8 | $ | 1,157.0 | 11.8x | | ERG S.p.A. | BIT:ERG | $ | 24.6 | $ | 3,579.3 | $ | 6,169.6 | $ | 625.8 | 9.9x | | Solaria Energía y Medio Ambiente, S. …
    ClimateRock Holdings LtdAcciona, S.A.·F-4/A - REGISTRATION STATEMENT·Q4 26·30 Oct

Key Stats

Trading

Px/Chg 1D$246.37 / +8.34%
Avg Volume469.14
Beta1.06
Mkt Cap13.43B
FD Mkt Cap13.82B

Float

Shrs Out/Float54.51M / 21.31M
Short Float0.01%
Days to Cover848.20
Stock Repurchased$0.00

Current Valuation

EV23.23B
EV/EBITDA9.76
EV/Sales1.07
P/B2.85
P/S0.62
FCF Yield2.82%
ROE17.06%
ROA2.24%
Current Ratio1.19

Dividend

Cash$5.33
Yield1.78%
Yield (TTM)1.78%

Estimates

P/E16.14
Est P/E0.00
Est EPS3.96
Est PEG0.00

Valuation

Metric5Yr AvgMar '22Mar '23Mar '24Mar '25Oct '26
PRICE-BASED RATIOS
Price / Earnings20.0631.2623.9211.9216.4616.73
Price / Sales0.711.280.860.360.360.66
Price / Book Value2.032.412.161.291.442.85
Price / Free Cash Flow-6.20-27.65-19.28-5.38-14.1235.44
ENTERPRISE VALUE METRICS
Enterprise Value17,952.916,237.017,535.715,929.916,827.323,234.4
Enterprise Value / Sales1.272.001.440.890.881.15
Enterprise Value / EBITDA9.2814.4110.676.576.578.18
Enterprise Value / EBIT15.3424.3115.1211.9811.8313.48

Financials

Full Financials
Millions EUR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue25.7%8,104.312,211.017,967.019,190.020,228.4
Gross Income15%6,234.18,800.012,502.012,131.010,892.9
EBITDA26%1,127.01,643.02,424.02,562.02,841.9
EBIT26.7%668.01,160.01,330.01,423.01,723.4
Net Income24.7%332.0441.0541.0422.0802.7
EPS (Diluted)24.8%6.088.069.897.7414.73
BALANCE SHEET
Cash & ST Inv20.8%2,530.22,663.04,306.04,816.05,396.0
Total Assets16.3%19,602.822,595.031,650.034,620.035,836.6
Total Liabilities20.3%14,045.416,291.024,799.028,244.029,431.0
Total Shareholder Equity2.2%4,311.74,885.05,009.04,812.04,704.2
CASH FLOW
Net Operating Cash Flow39.1%573.01,648.01,695.02,239.02,147.2
Cap Ex16.9%-948.4-2,195.0-2,894.0-2,731.0-1,768.3
Free Cash Flow—-375.4-547.0-1,199.0-492.0378.9

Enterprise Value Bridge

Millions EUR13 Nov '26
Price (As of 13 Nov '26)228.34
Basic Shares54.51
Market Cap12,445.8
Diluted Shares53.81
Fully Diluted Shares Outstanding53.81
Fully Diluted Market Cap12,286.4
+Consolidated Debt14,703.0
−In-the-Money Convertible Debt—
+Capital Leases905.0
+Operating Leases—
−Cash & Equivalents-5,373.0
−Short-term Investments-605.0
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest1,722.0
+Pension Liabilities—
Enterprise Value23,497.8

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