Técnicas Reunidas stock
TRE.MCBMETécnicas Reunidas, S.A., IndustrialsISIN ES0178165017
59Score 59 out of 100, Neutral
Price and trend
64 / 100
Price history
+1.6% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 2.5% above it.
Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 72).
The price is 17% below its 52-week high. Largest decline in 20 years: 90% (November 2007 to August 2022).
Chart figures for advanced users
- SMA 50$30.22
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$33.43
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)72
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$27.17
- The lowest closing price of the last twelve months.
- Resistance$41.13
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Técnicas Reunidas, S.A. belongs to the Engineering & Construction industry (Spain) and, with a market value of $2.68B, is number 72 of 110 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $7.19B (up 45.3% year on year) and earnings of $174.36M (up 74.2%).
- For fiscal 2026, analysts expect on average revenue of $7.21B (up 0.2%) and adjusted earnings per share of $2.42 (up 9.7%).
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- MEQIRI Score 59 out of 100 (Neutral): rank 587 of 1023 in Industrials, median 61.
- The P/E is 15.3 (Engineering & Construction median 18.9, own median of recent years 17.7).
- Our model puts fair value at $42.50, with the price 18% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 59.8% a year since 2020.Growth 79
- Analysts expect strong earnings growthUp 23.6% a year through 2028 (estimates from 8 analysts).Growth 79
- More cash than debtCash $1.54B, financial debt $1.26B.
Weaknesses
- DilutionShare count up 33% since 2020.Capital allocation 38
- High debtDebt 1.82 times equity (latest quarter), Engineering & Construction median 0.7.Stability 46
- Volatile share priceVolatility 48% a year over the last 12 months.Stability 46
Its standout strengths are growth and valuation, while profitability and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 60 to 59.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $30.35 and expensive above $70.83 (uncertainty high, based on the price swings of the past year).
Valuation metrics
From earnings times the industry P/E (18.9) alone; there are no viable cash flows for the cash-flow model.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 33.4% on the twelve months before. Revenue has grown solidly since 2006, at about 9% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 4%, operating 5%, net 2%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 13 Nov 2026tomorrow
- Last reported
- 30 Jul 2026EPS reported $0.61 (expected $0.61)in line with expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 3.1% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $2.42−0.6%
- Revenue
- $7.21B0.0%
- Earnings per share
- $3.61−3.1%
- Revenue
- $7.61B−1.5%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +3.2%Underlying 2026 guidance maintained, while the outlook for new projects is described as significantly stronger.
“In terms of guidance, I guess this quarter results and maintaining the 2026 underlying and let me underline the underlying guidance shows that we're doing -- we're having a good performance.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 30 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Técnicas Reunidas
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1023 rated companies in Industrials
- This company
- 59
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Engineering & Construction
The next larger and next smaller companies by market value
- VeidekkeVEI.OL $3.15B80
- Bravida HoldingBRAV.ST $3.11B70
- ElecnorENO.MC $2.95B65
- PeabPEAB-B.ST $2.79B58
- Koninklijke HeijmansHEIJM.AS $2.7B68
- BilfingerGBF.DE $2.56B64
- AF GruppenAFG.OL $2.46B72
- WebuildWBD.MI $2.43B59
ETFs that hold Técnicas Reunidas
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI EMU Small Cap UCITS ETFSXRJ | 0.27% | 0.58% | €834.67M |
| Xtrackers Spain UCITS ETF 1CXESP | 0.18% | 0.30% | €509.27M |
| Xtrackers MSCI Europe Small Cap UCITS ETF 1CXXSC | 0.10% | 0.30% | €3.43B |
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| State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR AccZPRX | 0.09% | 0.30% | €810.11M |
| Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF DISTLGWU | 0.07% | 0.40% | €575.19M |
| UBS MSCI EMU Select Factor Mix UCITS ETF EUR accUIQN | 0.04% | 0.34% | €16.87M |
| Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF DistX026 | 0.02% | 0.23% | €319.31M |
| Avantis Global Small Cap Value UCITS ETFAVWS | 0.02% | 0.39% | €1.47B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 17 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.