FERFerrovial N.V.
Is it safe?
Nothing alarming, nothing pristine: heavy debt (BB) and typical volatility.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -39% · now 32% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can FER take a bad year?
Ferrovial N.V. carries $7.23B of net debt at 3.71× EBITDA: a load its earnings can carry.
Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.71×
Net debt / EBITDA · 2.16× a year ago · the load is going up
- Debt / equity
- 1.95×
Debt / equity
- Annualised volatility
- 26%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $11.5B
- Cash and short-term investments
- $4.27B
- Net debt
- $7.23B
- EBITDA, trailing twelve months
- $1.95B
- Operating profit, trailing twelve months
- $1.46B
- Debt / equity
- 1.95×
- Total debt / EBITDA
- 5.91×
- Annualised volatilitytwo years of daily moves
- 26%
- Worst drawdown on file
- −39%
- Below its 52-week high
- 32%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Engineering & Construction
Ranks #14 of 25 by RyuScore