Acciona, S.A (0H4K) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Acciona, S.A €195, price €213, upside -8.6%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range €93.00 – €278.71 · fair‑value band €139.43 – €243.59 · the €213.20 price screens above the €194.87 fair value. Dashed = 300-day average. As of Sep 23, 2026.
Acciona, S.A., together with its subsidiaries, provides energy and infrastructure solutions in Spain and internationally.
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Acciona, S.A., together with its subsidiaries, provides energy and infrastructure solutions in Spain and internationally. It develops, constructs, operates, and maintains wind, solar photovoltaic, hydropower, thermal solar, and biomass plants, as well as offers energy storage, renewable energy supply, energy efficiency, self-consumption, green hydrogen, and electric mobility solutions; and designs, develops, manufactures, and distributes wind turbines. The company also engages in the construction and development of civil engineering infrastructure projects, including roads, highways and motorways, bridges, tunnels, railways and railway services, and metros and trams, as well as ports and water channels, airports and airport services, freight forwarding, data center, and substation and transmission lines; water solutions, such as waste water treatment and reuse, desalination, drinking water, integral water cycle, and water for agriculture; and social services for healthcare, university campuses, and ecosystem restoration. In addition, it is involved in the provision of sustainable cities solutions comprising efficient building, circular economy, urban ecosystems, museums and universal exhibitions, immersive experiences, and event design and management; development of housing projects, hotels and holiday resorts, fit outs, offices, and industrial properties; and fund management and stock brokerage. The company was incorporated in 1916 and is headquartered in Madrid, Spain.
Stock analysis
Acciona, S.A (0H4K) currently trades at €213.20, while our model-based Fair Value estimate is €194.87, so the stock looks roughly fairly valued today (gap 9.4%).
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Valuation
Bull case: the DCF Models group reads highest at a median of €232.59 per share, and 6 of the 21 models we run sit above the €213.20 price.
Bear case: the Dividend Discount group reads lowest at €56.21, and 15 of the 21 models stay below the price. Evidence for this calculation is high.
Scenario range: €139.43 (bear) to €243.59 (bull), the price of €213.20 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Acciona, S.A reported revenue of €6.5B in FY2020 versus €6.0B in FY2016, a compound +2.0%/yr. Reported net income was €380M in FY2020, compounding +2.0%/yr from FY2016.
Key figures
Market cap €8.2B · P/S ratio 0.38 · Dividend yield 2.7% · Net margin 5.9% · Return on equity 17.8% · Return on assets (EBIT) 4.6% · Operating margin 1.8% · Revenue growth (YoY) −1.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 29% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at −9%, 0H4K screens cheaper than that median.
Fair Value models
Bear €139.43Fair Value €194.87Bull €243.59
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−10.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−3.7%
’16
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
16.5% (2016) → 9.5% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Acciona, S.A Fair Value". https://www.fairvalue-calculator.com/stock/0H4K
Frequently asked questions
Is Acciona, S.A (0H4K) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of €194.87 versus a price of €213.20, about −9% upside (fairly valued).
What is the fair value of 0H4K?
Our model-based fair value for Acciona, S.A is €194.87 (as of Sep 23, 2026), built from audited fundamentals. The current price: €213.20.
What is the quality score of 0H4K?
Acciona, S.A has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Acciona, S.A (0H4K)?
Our model-based price target is the fair value of €194.87 (as of Sep 23, 2026) from 21 valuation models. Cautious scenario €139.43, optimistic scenario €243.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Acciona, S.A stock forecast for 2026?
Our models put fair value at €194.87, about −9% upside versus a price of €213.20 (fairly valued). Cautious scenario €139.43, optimistic scenario €243.59. The calculation is refreshed regularly with new filings.
Does Acciona, S.A pay a dividend?
Acciona, S.A currently shows a dividend yield of about 2.65% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Acciona, S.A (0H4K)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Acciona, S.A it is €194.87 per share (as of Sep 23, 2026), against a price of €213.20. It is the blended result of 21 valuation models (cash flow, earnings, asset, dividend).
Is Acciona, S.A stock overvalued or undervalued in 2026?
As of Sep 23, 2026, 0H4K trades above its calculated fair value: price €213.20, fair value €194.87, a gap of about −9% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0H4K?
No. The price is what the market pays today (€213.20); the fair value is what the company's own numbers justify (€194.87). For Acciona, S.A the two are €18.33 per share apart. That gap is exactly why we show both numbers side by side.
How much is Acciona, S.A worth?
The market values Acciona, S.A at about €8.2B (market capitalisation, as of Sep 23, 2026). Per share that is €213.20; our models calculate a fair value of €194.87 per share.
What do the bullish and bearish scenarios say about 0H4K?
Our models span a range for Acciona, S.A: cautious scenario €139.43, base €194.87, optimistic €243.59 per share (as of Sep 23, 2026, price €213.20). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 0H4K from its 52-week high?
Acciona, S.A trades at €213.20, about 24% below its 52-week high of €278.71 and 29% above the low of €165.20 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €194.87 is for.
Which stocks are comparable to Acciona, S.A?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Acciona, S.A stock attractive at the current price?
The data as of Sep 23, 2026: price €213.20, calculated fair value €194.87 (−9%), Quality Score 51/100, from 21 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0H4K calculated?
We run Acciona, S.A through 21 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €194.87, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Acciona, S.A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Acciona, S.A (0H4K)?
The closing price on Oct 2, 2026 was €213.20. Our model-based fair value is €194.87, about −9% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Acciona, S.A right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Acciona, S.A
How large is the market capitalisation of Acciona, S.A (0H4K)?
The market capitalisation of Acciona, S.A is €8.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Acciona, S.A (0H4K)?
The price-to-sales ratio of Acciona, S.A is 0.38 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Acciona, S.A (0H4K)?
The dividend yield of Acciona, S.A is 2.7%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Acciona, S.A (0H4K)?
The net margin of Acciona, S.A is 5.9% (fiscal year 2020). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Acciona, S.A (0H4K)?
The return on equity (ROE) of Acciona, S.A is 17.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Acciona, S.A (0H4K)?
On an EBIT basis the return on assets of Acciona, S.A is 4.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Acciona, S.A (0H4K)?
The operating margin of Acciona, S.A is 1.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Acciona, S.A (0H4K)?
Revenue at Acciona, S.A is growing −1.7% versus a year earlier (3y avg −3.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Acciona, S.A (0H4K)?
Earnings per share at Acciona, S.A are growing −9.5% versus a year earlier. How much earnings per share grew versus a year earlier.
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