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Fomento de Construcciones y Contratas, S.A (FCC) Fair Value & Analysis

Industrials · ES · Market cap €5.6B

FD Fomento de Construcciones y Contratas, S.A FCC · MC
Price€12.14
Fair Value€10.02
Upside-17.5%
Quality83/100
Evidence: Medium Range €5.47 – €14.92

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Share price +7.5% over the past month.

Price vs Fair Value (12 months)

€12.14 €9.97 Fair Value €10.02 Jul 2025 Jun 2026

12‑month range €9.97 – €12.14 · fair‑value band €5.47 – €14.92 · the €12.14 price screens above the €10.02 fair value. As of Jun 24, 2026.

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Analysis

Fomento de Construcciones y Contratas, S.A (FCC) currently trades at €12.14, while our model-based Fair Value estimate is €10.02 — implying the stock looks roughly 17.5% overvalued today. We read business quality at 83/100 (high quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Fomento de Construcciones y Contratas, S.A generated revenue of €10.0B at a net margin of 1.6%. Revenue grew 4.6% year over year. It earns a return on equity of 6.5%. Net debt stands at €3.0B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €10.0B
Revenue growth (YoY) +4.6%
Net margin 1.6%
Return on equity 6.5%
Free cash flow €487M FY2025
P/E ratio 33.7
More key figures
Operating margin 6.1%
EPS (TTM) €0.3500
EPS growth (YoY) -49.4%
Net debt €3.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Fomento de Construcciones y Contratas, S.A., together with its subsidiaries, provides environmental services in Europe and internationally. It operates through Environmental Services; Integrated Water Management; Construction; Concessions; Cement; and Real Estate segments. The company offers municipal, waste treatment and resource recycling, and facility management services; and concessions and proprietary infrastructure for the entire cycle, BOT, operation and maintenance services, and irrigation, as well as technology and network activities, which include EPC contracts and industrial water treatment activities; design, planning, construction, and maintenance services. It also engages in developing, financing, managing, and operating social and transportation infrastructure concessions. The company was formerly known as Fomento de Obras y Construcciones S.A. and changed its name to Fomento de Construcciones y Contratas, S.A. in January 1992. Fomento de Construcciones y Contratas wa…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Fomento de Construcciones y Contratas, S.A reported revenue of €9.7B in FY2025 versus €6.7B in FY2021, a compound +9.9%/yr. Reported net income was €164M in FY2025, compounding −27.0%/yr from FY2021.

Revenue +9.9%/yr
FY21 €6.7B
FY22 €7.7B
FY23 €8.4B
FY24 €9.1B
FY25 €9.7B
Net income −27.0%/yr
FY21 €580M
FY22 €315M
FY23 €589M
FY24 €430M
FY25 €164M

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Similar stocks

6 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $224.28 $138.26 -38%
UWS UWS €187.85 €118.88 -37%
Republic Services, Inc RSG $210.04 $75.92 -64%
Waste Connections, Inc WCN $153.43 $101.69 -34%
Veolia Environnement SA VEOEF $41.05 $35.75 -13%
Clean Harbors, Inc CLH $288.64 $87.21 -70%

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Frequently asked questions

Is Fomento de Construcciones y Contratas, S.A (FCC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €10.02 versus a price of €12.14 — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of FCC?
Our 21-model fair value for Fomento de Construcciones y Contratas, S.A is €10.02 (as of Jun 24, 2026), built from audited fundamentals. The current price is €12.14.
What is the quality score of FCC?
Fomento de Construcciones y Contratas, S.A has a Quality Score of 83/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Fomento de Construcciones y Contratas, S.A (FCC)?
Fomento de Construcciones y Contratas, S.A reported trailing-twelve-month revenue of about €10.0B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of FCC?
The net profit margin of Fomento de Construcciones y Contratas, S.A is about 1.6%, meaning it keeps roughly 1.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.