FER vs GVA Stock Comparison

Ferrovial and Granite Construction Prices as of Oct 26, 2026 Peers: Industry group
FER Ferrovial N.V.
$50.35 -9.8% 1M -21.8% 1Y
Market cap
$38.80B
P/E
36.1x
Revenue (TTM)
—
Div. yield
–
Engineering and Construction Industrials
2 wins
GVA Granite Construction Inc
$108.26 -6.0% 1M +3.5% 1Y
Market cap
$4.83B
P/E
–
Revenue (TTM)
$4.97B
Div. yield
0.00%
Engineering and Construction Industrials
3 wins

Head to Head

5 decided of 12

Granite Construction leads on 3 of the 12 questions below (Granite Construction 3, Ferrovial 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFERGVALeader
Larger companyMarket capitalisation $38.80B $4.83B FER
Cheaper on earningsLower P/E, profitable companies only 36.1x -29.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 47.1x — –
Faster revenue growthRevenue growth, trailing twelve months — +21.8% –
More profitableNet margin, trailing twelve months — -3.3% –
Better return on capitalReturn on invested capital — 13.4% –
Less leveragedLower net debt / EBITDA — 1.3x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -21.8% +3.5% GVA
Better 5-year returnAnnualised price return, 5 years +11.4%/yr +22.9%/yr GVA
Less volatileAnnualised volatility, 1 year 25.4% 33.1% FER
Higher overall scoreMean of the five percentile scores vs peers 51/100 56/100 GVA

Percentile Scorecard

FERGVA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFERGVA
Valuation 37 #33 of 52 84 #9 of 52
Growth – 50 #19 of 37
Profitability – 50 #19 of 37
Financial Health 34 #38 of 57 32 #39 of 57
Shareholder Returns 81 #6 of 27 62 #11 of 27
Overall 51 56
  • FER ranked among 57 companies in Construction Services
  • GVA ranked among 57 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFERGVASPY
1 month -9.8%-6.0% -0.8%
3 months -19.9%-13.8% +3.5%
6 months -25.6%-13.9% +7.0%
Year to date -22.1%-6.1% +12.2%
1 year -21.8%+3.5% +13.0%
3 years +54.9%+215.9% +86.3%
3 years, per year +15.7%+46.8% +23.1%
5 years +71.3%+180.3% +68.6%
5 years, per year +11.4%+22.9% +11.0%
10 years +137.7%+144.0% +258.0%
10 years, per year +9.0%+9.3% +13.6%

Risk

MeasureFERGVASPY
Volatility, 1Y 25.4%33.1% 12.7%
Downside volatility, 1Y 24.6%33.6% 12.7%
Beta vs S&P 500, 1Y 1.020.97 1.00
Return / volatility, 1Y -0.860.11 1.02
Max drawdown, 5Y -34.3%-40.4% -25.4%
From 52-week high -32.3%-32.5% -1.8%
52-week high $74.38$160.39 $779.14
52-week low $48.86$98.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFERGVA
P/E now vs peer median 36.1xmedian 25.7x -28.7xmedian 25.7x
P/S now vs peer median 3.3xmedian 0.8x 1.0xmedian 0.8x
EV/EBITDA now vs peer median —median 12.9x 10.6xmedian 12.9x
P/FCF now vs peer median 18.5xmedian 22.5x 10.0xmedian 22.5x
P/B now vs peer median 5.2xmedian 2.3x 5.9xmedian 2.3x
PEG now vs peer median —median 0.56 0.39median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFERGVA
Revenue – $4.97B
Gross profit – $776.94M
Operating income – $314.31M
Net income – -$151.53M
Free cash flow – $471.91M
EPS (diluted) – $-3.77
Cash & equivalents $5.02B $877.12M
Total debt $12.25B $1.56B
Shares (diluted) 718.72M 43.75M
Enterprise value $17.05B $2.46B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFERGVA
P/E 36.1x -28.7x
P/FCF 18.5x 10.0x
P/Operating cash flow – 7.8x
P/S 3.3x 1.0x
P/B 5.2x 5.9x
P/Tangible book 5.3x 8.0x
EV/EBITDA – 10.6x
EV/EBIT – 17.1x
EV/Revenue – 1.1x
EV/FCF – 11.4x
EV/Operating cash flow – 8.9x
PEG (3Y EPS CAGR) – 0.39

Growth

14 metrics
MetricFERGVA
Revenue growth (1Y) – 21.8%
Revenue CAGR (3Y) – 15.1%
Gross profit growth (1Y) – 22.0%
Gross profit CAGR (3Y) – 30.8%
Operating income growth (1Y) – 37.5%
Operating income CAGR (3Y) – 76.7%
Net income growth (1Y) – -185.3%
Net income CAGR (3Y) – -85.3%
EPS growth (1Y) – -225.5%
EPS CAGR (3Y) – -73.5%
Operating cash flow growth (1Y) – 37.6%
Operating cash flow CAGR (3Y) – 147.4%
Free cash flow growth (1Y) – 52.7%
Free cash flow CAGR (3Y) – 94.5%

Profitability

14 metrics
MetricFERGVA
Gross margin – 15.6%
EBITDA margin – 10.2%
Operating margin – 6.3%
Pretax margin – -1.3%
Net margin – -3.3%
FCF margin – 9.5%
Operating cash flow margin – 12.2%
Return on equity – -14.8%
Return on assets – -3.3%
Return on invested capital – 13.4%
Return on capital employed – 16.9%
Asset turnover – 1.2x
Cash conversion (OCF / net income) – -4.0x
Stock comp / revenue – 1.0%

Financial Health

11 metrics
MetricFERGVA
Debt / assets 38.0% 32.6%
Debt / equity 1.8x 1.9x
Net debt / EBITDA – 1.3x
Debt / FCF – 3.3x
Liabilities / assets 78.5% 83.1%
Equity / assets 21.5% 16.9%
Interest coverage – 4.5x
Current ratio 1.1x 1.0x
Quick ratio 1.1x 0.9x
Cash ratio 0.7x 0.4x
Altman Z-score – 2.11

Shareholder Returns

7 metrics
MetricFERGVA
Dividend yield 2.6% 0.5%
Net buyback yield – 1.1%
Shareholder yield 2.6% 1.6%
Payout ratio (earnings) – -15.0%
Payout ratio (FCF) – 4.8%
Dividend growth (1Y) – 0.1%
Dividend CAGR (3Y) – -0.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFERGVA
Forward P/E 47.1xFY2026 –
EPS, next fiscal year $1.07FY2026 $-3.74FY2026
EPS growth, next FY -20.7%FY2026 -196.9%FY2026
EPS growth, the year after +12.1% –
Revenue, next fiscal year $11.77BFY2026 $5.09BFY2026
Revenue growth, next FY +4.1%FY2026 +15.2%FY2026
Revenue growth, the year after -5.3% +12.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFERGVA
Held by institutions 33.2% 100.0%
Institutions holding 337 445
Change in shares held, QoQ +17.5% -3.0%
Institutions buying 208 239
Institutions selling 103 151
Buyers to sellers 2.02 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FERGVA
FER 1.00 0.39
GVA 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FER and GVA?

Ferrovial (FER) is the largest by market capitalisation: Ferrovial (FER) $38.80B, Granite Construction (GVA) $4.83B.

Which stock has performed better?

Over the past year Granite Construction (GVA) returned the most: Ferrovial (FER) -21.8%, Granite Construction (GVA) +3.5%. Over five years, Granite Construction (GVA) compounded fastest (Ferrovial (FER) +11.4%/yr, Granite Construction (GVA) +22.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Ferrovial (FER) 0.00%, Granite Construction (GVA) 0.00%. Ferrovial (FER) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Ferrovial (FER) has been the steadiest (Ferrovial (FER) 25.4%, Granite Construction (GVA) 33.1%). Volatility measures how widely the price swings, not the risk of the business.

Do FER and GVA move together?

Their daily returns over the past year have a correlation of 0.39, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, FER and GVA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Granite Construction (GVA) leads on 3. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.