Ferrovial S.A.: Company Profile and SWOT Analysis

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Ferrovial S.A.: Company Profile and SWOT Analysis Powered By Docstoc
					Ferrovial S.A.

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Ferrovial S.A.                                                                  Financial Snapshot

                                                                                Operating Performance
Fast Facts
                                          C/ Principe de Vergara 135, Madrid,   The company reported revenues of US$16,248.00
Headquarters Address
                                          28002,Spain                           million during 2010, with a CARC of 1.24% during
                                                                                2006–2010. Its revenue declined at an annual rate of
Telephone                                 + 34 91 5862730
                                                                                4.60% over the previous fiscal year. In 2010, the
                                                                                company recorded an operating margin of 27.85%, as
Fax                                       + 34 91 5862689                       against 7.15% in 2009.

Website                                   www.ferrovial.com
                                                                                Revenue and Margins
Ticker Symbol, Stock Exchange             FER, Mercado Continuo Espana

Number of Employees                       101,988

Fiscal Year End                           December

Revenue (in US$ million)                  16,248.00

Revenue (in EUR million)                  12,186.00




SWOT Analysis                                                                   Return on Equity

Strengths                                 Weaknesses                            The company recorded a return on equity (ROE) of
                                                                                41.64% for 2010, as compared to its peers,
                                          Dependency on domestic and the UK     Actividades de Construccion y Servicios S.A. (Ticker:
Diversification in products and regions
                                          market                                ACS), HOCHTIEF AG (Ticker: HOT) and Eiffage SA
                                                                                (Ticker: FGR), which recorded ROEs of 31.41%,
Increasing flow of projects               Sale of assets                        9.71% and 9.44% respectively. The company
                                                                                reported an operating margin of 27.85% in 2010.
Increasing margins
                                                                                Return on Equity
Research, development and innovation

Opportunities                             Threats
                                          Shortage of labor in the US and
Aging US water infrastructure
                                          Europe
                                          Slow growth of the US construction
High-Speed rail network in the US
                                          industry
Infrastructure investments in emerging Sluggish Spanish and Western
markets                                European markets

Strategic acquisitions

Trans-European network transport
program
                                                                                Liquidity Position

                                                                                The company reported a current ratio of 0.90 in 2010,
                                                                                as compared to its peers, Actividades de
                                                                                Construccion y Servicios S.A., HOCHTIEF AG and
                                                                                Eiffage SA, which recorded current ratios of 0.96,
                                                                                1.24 and 0.80 respectively. As of December 2010, the
                                                                                company recorded cash and short-term investments
                                                                                of worth US$3,601.33 million, against US$3,001.33
                                                                                million current debt. The company reported a debt to
                                                                                equity ratio of 4.57 in 2010 as compared to its peers,
                                                                                Actividades de Construccion y Servicios S.A.,
                                                                                HOCHTIEF AG and Eiffage SA, which recorded debt
                                                                                to equity ratios of 3.34, 1.09 and 6.04 respectively.




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Ferrovial S.A. - SWOT Profile                                                                                           Page 1
Ferrovial S.A.

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ................................................................................................................................................5
    1.2       Business Description ..............................................................................................................................................5
    1.3       Major Products and Services .................................................................................................................................6
2     Analysis of Key Performance Indicators ............................................................................................... 7
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
    2.2       Key Financial Performance Indicators .................................................................................................................10
      2.2.1       Revenue and Operating Profit .........................................................................................................................10
      2.2.2       Asset, Liabilities and Capex .............................................................................................................................11
      2.2.3       Net Debt vs. Gearing Ratio ..............................................................................................................................12
      2.2.4       Solvency ..........................................................................................................................................................13
      2.2.5       Valuation ..........................................................................................................................................................14
    2.3       Competitive Benchmarking ..................................................................................................................................15
      2.3.1       Market Capitalization .......................................................................................................................................15
      2.3.2       Efficiency ..........................................................................................................................................................16
      2.3.3       Capital Expenditure ..........................................................................................................................................17
      2.3.4       Valuation ..........................................................................................................................................................18
      2.3.5       Turnover – Inventory and Asset .......................................................................................................................19
      2.3.6       Liquidity ............................................................................................................................................................20
3     Mergers & Acquisitions and Partnerships ........................................................................................... 21
    3.1       M&A and Partnerships Strategy ...........................................................................................................................
				
DOCUMENT INFO
Description: This SWOT analysis and company profile is a crucial resource for industry executives and anyone looking to gain a better understanding of the company's business. ICD Research's "Ferrovial S.A.: Company Profile and SWOT Analysis" report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.
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