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Sacyr

BATS-CHIXE:SCYRE
Snowflake Description

Mediocre balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SCYRE
BATS-CHIXE
€839M
Market Cap
  1. Home
  2. GB
  3. Capital Goods
Company description

Sacyr, S.A. engages in the construction and infrastructure concessions, industry, and services businesses in Latin America, Africa, Europe, Asia, and Oceania. The last earnings update was 39 days ago. More info.


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  • Sacyr has significant price volatility in the past 3 months.
SCYRE Share Price and Events
7 Day Returns
7.9%
BATS-CHIXE:SCYRE
3.8%
GB Construction
0.1%
GB Market
1 Year Returns
-35.7%
BATS-CHIXE:SCYRE
-34.1%
GB Construction
-23.6%
GB Market
SCYRE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sacyr (SCYRE) 7.9% -31.8% -42.5% -35.7% -35.5% -62%
GB Construction 3.8% -20.1% -22.7% -34.1% -57.8% -57.3%
GB Market 0.1% -15.5% -27% -23.6% -24.3% -23.5%
1 Year Return vs Industry and Market
  • SCYRE underperformed the Construction industry which returned -34.1% over the past year.
  • SCYRE underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -23.6% over the past year.
Price Volatility
SCYRE
Industry
5yr Volatility vs Market

SCYRE Value

 Is Sacyr undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sacyr to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sacyr.

BATS-CHIXE:SCYRE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in EUR € 0.12121230769231
Payout Ratio Company Filings (2019-12-31) 2100%
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:SCYRE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 7.5%
Construction Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.863 (1 + (1- 25%) (923%))
1.21
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.21
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.21 * 7.46%)
9.56%

Discounted Cash Flow Calculation for BATS-CHIXE:SCYRE using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Sacyr is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BATS-CHIXE:SCYRE Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= €0.12 / (9.56% - 0.53%)
€1.4
BATS-CHIXE:SCYRE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:SCYRE represents 1.01994x of BME:SCYR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01994x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 1.34 x 1.01994
€1.37
Value per share (EUR) From above. €1.37
Current discount Discount to share price of €1.48
= -1 x (€1.48 - €1.37) / €1.37
-8.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Sacyr is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sacyr's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sacyr's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:SCYRE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-0.53
BME:SCYR Share Price ** BME (2020-04-07) in EUR €1.45
United Kingdom of Great Britain and Northern Ireland Construction Industry PE Ratio Median Figure of 17 Publicly-Listed Construction Companies 7.67x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.61x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sacyr.

BATS-CHIXE:SCYRE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BME:SCYR Share Price ÷ EPS (both in EUR)

= 1.45 ÷ -0.53

-2.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sacyr is loss making, we can't compare its value to the GB Construction industry average.
  • Sacyr is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Sacyr's expected growth come at a high price?
Raw Data
BATS-CHIXE:SCYRE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
39.3%per year
United Kingdom of Great Britain and Northern Ireland Construction Industry PEG Ratio Median Figure of 9 Publicly-Listed Construction Companies 0.83x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 517 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sacyr, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sacyr's assets?
Raw Data
BATS-CHIXE:SCYRE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €1.46
BME:SCYR Share Price * BME (2020-04-07) in EUR €1.45
United Kingdom of Great Britain and Northern Ireland Construction Industry PB Ratio Median Figure of 19 Publicly-Listed Construction Companies 1.06x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.11x
BATS-CHIXE:SCYRE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BME:SCYR Share Price ÷ Book Value per Share (both in EUR)

= 1.45 ÷ 1.46

1x

* Primary Listing of Sacyr.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sacyr is good value based on assets compared to the GB Construction industry average.
X
Value checks
We assess Sacyr's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Construction industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Construction industry average (and greater than 0)? (1 check)
  5. Sacyr has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SCYRE Future Performance

 How is Sacyr expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
39.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sacyr expected to grow at an attractive rate?
  • Sacyr's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Sacyr's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • Sacyr's revenues are expected to decrease over the next 1-3 years, this is below the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:SCYRE Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:SCYRE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts 39.3%
BATS-CHIXE:SCYRE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts -0.7%
United Kingdom of Great Britain and Northern Ireland Construction Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United Kingdom of Great Britain and Northern Ireland Construction Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.5%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:SCYRE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:SCYRE Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 3,614 188 1
2023-12-31 4,119 536 241 2
2022-12-31 4,006 465 210 3
2021-12-31 4,339 447 215 6
2020-12-31 3,898 420 173 7
2020-04-07
BATS-CHIXE:SCYRE Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 4,178 510 -298
2019-09-30 4,148 164
2019-06-30 4,030 468 159
2019-03-31 3,902 154
2018-12-31 3,817 412 150
2018-09-30 3,548 143
2018-06-30 3,375 290 143
2018-03-31 3,196 134
2017-12-31 3,094 292 131
2017-09-30 2,949 127
2017-06-30 2,970 288 116
2017-03-31 2,968 109

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sacyr's earnings are expected to grow significantly at over 20% yearly.
  • Sacyr's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:SCYRE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Sacyr Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SCYRE Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.26 0.26 0.26 1.00
2023-12-31 0.27 0.27 0.27 1.00
2022-12-31 0.36 0.43 0.28 2.00
2021-12-31 0.35 0.43 0.27 5.00
2020-12-31 0.28 0.40 0.17 6.00
2020-04-07
BATS-CHIXE:SCYRE Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -0.53
2019-09-30
2019-06-30 0.29
2019-03-31 0.28
2018-12-31 0.28
2018-09-30
2018-06-30 0.27
2018-03-31
2017-12-31 0.25
2017-09-30
2017-06-30 0.22
2017-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sacyr is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Sacyr's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sacyr has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SCYRE Past Performance

  How has Sacyr performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sacyr's growth in the last year to its industry (Construction).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sacyr does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Sacyr's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sacyr's 1-year growth to the GB Construction industry average as it is not currently profitable.
Earnings and Revenue History
Sacyr's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sacyr Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:SCYRE Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4,178.14 -297.73 1,187.38
2019-09-30 4,147.69 163.70 1,052.44
2019-06-30 4,029.92 158.55 1,110.58
2019-03-31 3,902.39 154.01 1,052.44
2018-12-31 3,817.31 150.40 1,052.44
2018-09-30 3,548.01 142.81 1,466.91
2018-06-30 3,375.37 142.60 1,466.91
2018-03-31 3,195.59 134.15 949.05
2017-12-31 3,094.21 130.64 949.05
2017-09-30 2,949.22 127.47 865.82
2017-06-30 2,969.70 116.18 452.69
2017-03-31 2,967.77 108.93 865.82
2016-12-31 2,861.76 120.24 865.82
2016-09-30 2,991.23 -52.88 741.44
2016-06-30 3,028.35 -782.32 791.60
2016-03-31 2,976.25 -784.19 741.44
2015-12-31 2,953.19 -813.39 741.44
2015-09-30 3,007.41 -737.18 712.12
2015-06-30 2,889.72 -31.49 716.39
2015-03-31 2,792.89 -35.86 712.12
2014-12-31 2,726.12 -10.31 712.12
2014-09-30 2,489.41 -369.86 645.53
2014-06-30 2,496.89 -351.72 690.90
2014-03-31 2,596.11 -307.90 645.53
2013-12-31 2,675.28 -310.21 645.53
2013-09-30 2,934.20 -104.68 744.42
2013-06-30 3,045.99 -64.95 680.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Sacyr has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Sacyr used its assets less efficiently than the GB Construction industry average last year based on Return on Assets.
  • It is difficult to establish if Sacyr improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sacyr's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Construction industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sacyr has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SCYRE Health

 How is Sacyr's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sacyr's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sacyr is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sacyr's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sacyr's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sacyr Company Filings, last reported 3 months ago.

BATS-CHIXE:SCYRE Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,190.37 7,619.41 1,686.78
2019-09-30 1,541.87 8,009.41 1,762.91
2019-06-30 1,619.54 7,895.51 1,834.66
2019-03-31 1,514.92 7,831.83 2,037.84
2018-12-31 1,507.19 7,776.01 2,041.44
2018-09-30 1,716.14 7,663.64 2,154.29
2018-06-30 1,652.41 7,425.66 2,216.66
2018-03-31 1,554.72 7,308.40 2,260.84
2017-12-31 2,004.42 7,139.62 2,160.34
2017-09-30 1,978.29 5,271.68 668.82
2017-06-30 1,934.37 5,133.09 732.99
2017-03-31 2,089.69 5,145.67 738.28
2016-12-31 2,080.40 5,053.04 641.25
2016-09-30 1,917.60 4,823.03 594.18
2016-06-30 1,930.21 4,729.24 595.22
2016-03-31 1,887.71 4,985.00 762.22
2015-12-31 1,911.59 4,922.92 623.63
2015-09-30 1,939.51 4,811.07 734.12
2015-06-30 1,715.88 5,894.56 560.47
2015-03-31 1,559.77 7,591.85 648.24
2014-12-31 1,326.07 6,858.43 408.43
2014-09-30 1,365.03 6,928.61 529.66
2014-06-30 1,189.37 6,493.84 688.69
2014-03-31 977.67 6,385.11 463.30
2013-12-31 1,031.28 6,916.98 400.90
2013-09-30 1,531.01 7,539.63 639.18
2013-06-30 1,525.25 9,151.35 616.26
  • Sacyr's level of debt (640.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (516.8% vs 640.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Sacyr has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Sacyr has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -33.9% per year.
X
Financial health checks
We assess Sacyr's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sacyr has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SCYRE Dividends

 What is Sacyr's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sacyr dividends. Estimated to be 8.34% next year.
If you bought €2,000 of Sacyr shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sacyr's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sacyr's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:SCYRE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Construction Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 5.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 588 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.6%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:SCYRE Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31 0.13 1.00
2023-12-31 0.13 1.00
2022-12-31 0.13 2.00
2021-12-31 0.13 5.00
2020-12-31 0.11 4.00
2020-04-07
BATS-CHIXE:SCYRE Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2017-09-08 0.000 0.000
2017-05-15 0.000 0.000
2017-05-08 0.000 0.000
2017-02-27 0.000 0.000
2016-11-10 0.000 0.000
2016-07-29 0.000 0.000
2015-11-12 0.097 5.947
2013-02-28 0.000 0.000
2012-11-15 0.000 0.000
2012-11-14 0.000 0.000
2012-07-31 0.083 6.291
2012-05-10 0.000 0.000
2012-04-23 0.000 0.000
2012-02-29 0.000 0.000
2011-07-29 0.083 2.266
2011-05-12 0.083 1.486
2011-04-08 0.083 1.163
2011-02-28 0.083 1.212
2010-04-30 0.000 0.000
2010-04-28 0.000 0.000
2010-03-01 0.000 0.000
2009-10-30 0.000 0.000
2009-07-30 0.000 0.000
2009-04-30 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sacyr has not reported any payouts.
  • Unable to verify if Sacyr's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sacyr's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sacyr has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Sacyr's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sacyr afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sacyr has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SCYRE Management

 What is the CEO of Sacyr's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Manuel Manrique Cecilia
COMPENSATION €4,876,048
AGE 65
TENURE AS CEO 15.4 years
CEO Bio

Mr. Manuel Manrique Cecilia serves as Deputy Vice Chairman at Repsol S.A. and has been its Director since 2013. He has been Chairman and Managing Director of Sacyr SA. He has been Director of Sacyr Construcción SAU, Valoriza Gestión SAU. He has been Chairman of Inchysacyr SA and Sacyr Concesiones, SL. He has been Deputy Chairman of Somague SGPS, S.A. He has been Representative person of Sacyr, S.A., Sole administrator of Sacyr Vallehermoso Participaciones Mobiliarias, S.L. and Representative person of Sacyr, S.A. Sole administrator of Sacyr Gestión de Activos, S.L. He served as a Director of Testa Inmuebles en Renta, S.A. He has held positions of maximum responsibility in sector companies. In the Sacyr Vallehermoso SA group, he was formerly Chairman of Sacyr SA. He has been First Deputy Chairman and Managing Director of Sacyr Vallehermoso SA. He is a Civil Engineering graduate from Escuela Técnica Superior, Madrid.

CEO Compensation
  • Manuel 's compensation has increased whilst company is loss making.
  • Manuel 's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Sacyr management team in years:

4.6
Average Tenure
63
Average Age
  • The tenure for the Sacyr management team is about average.
Management Team

Manuel Manrique Cecilia

TITLE
Co-Founder
COMPENSATION
€5M
AGE
65
TENURE
15.4 yrs

José Manuel Loureda Mantiñán

TITLE
Co-Founder & Director
COMPENSATION
€137K
AGE
80

José Manuel Loureda López

TITLE
Director
COMPENSATION
€72K
AGE
52

Carlos Mijangos Gorozarri

TITLE
Chief Financial Officer
TENURE
4.6 yrs

José Carlos Otero Fernández

TITLE
General Manager of Administration & Operations

Pedro Alonso Ruíz

TITLE
General Manager of Communication
TENURE
1.3 yrs

Miguel Heras Dolader

TITLE
Corporate GM of Talent Management & HR GM
AGE
61

Fernando Lozano Sainz

TITLE
Chief Executive Officer of Valoriza Gestión S.A.

Gonzalo García San Miguel

TITLE
Managing Director of Sacyr Industrial

Francisco Javier Gayo Pozo

TITLE
Chairman
COMPENSATION
€592K
Board of Directors Tenure

Average tenure and age of the Sacyr board of directors in years:

8.5
Average Tenure
69
Average Age
  • The tenure for the Sacyr board of directors is about average.
Board of Directors

Demetrio Carceller Arce

TITLE
First Vice Chairman
COMPENSATION
€148K
AGE
57
TENURE
8.5 yrs

Manuel Manrique Cecilia

TITLE
Co-Founder
COMPENSATION
€5M
AGE
65
TENURE
8.5 yrs

José Manuel Loureda Mantiñán

TITLE
Co-Founder & Director
COMPENSATION
€137K
AGE
80
TENURE
15.3 yrs

Fernando Rodríguez-Avial Llardent

TITLE
Chairman of Testa Inmuebles en Renta S A
AGE
69
TENURE
20.3 yrs

José Manuel Loureda López

TITLE
Director
COMPENSATION
€72K
AGE
52
TENURE
14.9 yrs

Francisco Javier Gayo Pozo

TITLE
Chairman
COMPENSATION
€592K

Isabel Martín Castella

TITLE
Independent Director
COMPENSATION
€121K
AGE
72
TENURE
4.8 yrs

Augusto Juan Manuel Delkader Teig

TITLE
Independent Director
COMPENSATION
€165K
AGE
69
TENURE
6.8 yrs

Juan María Aguirre Gonzalo

TITLE
Lead Independent Director
COMPENSATION
€139K
AGE
57

Juan Miguel Sanjuán Jover

TITLE
Director
COMPENSATION
€94K
AGE
74
TENURE
6.8 yrs
Who owns this company?
Recent Insider Trading
  • Sacyr individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
28. Jan 20 Sell Manuel Manrique Cecilia Individual 23. Jan 20 24. Jan 20 -359,700 €2.74 €-976,398
15. Jan 20 Buy Juan María Aguirre Gonzalo Individual 10. Jan 20 10. Jan 20 10,000 €2.56 €25,600
31. Jul 19 Sell Manuel Manrique Cecilia Individual 30. Jul 19 30. Jul 19 -752,400 €2.47 €-1,808,292
31. Jul 19 Buy Manuel Manrique Cecilia Individual 30. Jul 19 30. Jul 19 274,089 €2.46 €121,200
23. Jul 19 Buy Grupo Empresarial Fuertes S.L. Company 19. Jul 19 19. Jul 19 918,837 €0.01 €9,189
22. Jul 19 Buy Prilou, S.L. Company 19. Jul 19 19. Jul 19 1,201,428 €0.01 €12,014
X
Management checks
We assess Sacyr's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sacyr has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SCYRE News

Simply Wall St News

SCYRE Company Info

Description

Sacyr, S.A. engages in the construction and infrastructure concessions, industry, and services businesses in Latin America, Africa, Europe, Asia, and Oceania. It offers various construction services comprising civil engineering, and residential and non-residential building infrastructures. The company also manages infrastructure, such as motorways, hospitals, transport hubs, etc. In addition, it develops conventional and renewable power plants, cogeneration plants, solar energy and geothermal plants, and biomass; operates and maintains power plants and industrial facilities; and designs, constructs, and operates waste treatment and waste-to-power plants, as well as mining and processing plant projects. Further, the company engages in the implementation of refinery, chemical and petrochemical, gas handling and treatment, and liquefied natural gas projects; and transportation and storage fuels; and engineering development and construction of high-voltage electricity lines and electricity substations, as well as low, medium, and high-voltage facilities. Additionally, it offers municipal, waste treatment, and regeneration services; integrated water cycle management, water purification, desalination, and treatment and recycling services; facility management and maintenance, buildings cleaning, and ancillary services; and explores, researches, and sells minerals. Sacyr, S.A. also engages in real estate development activities; and provides catering services. The company was formerly known as Sacyr Vallehermoso S.A. and changed its name to Sacyr, S.A. in August 2013. Sacyr, S.A. is based in Madrid, Spain.

Details
Name: Sacyr, S.A.
SCYRE
Exchange: BATS-CHIXE
Founded:
€839,438,183
577,330,250
Website: http://www.sacyr.com
Address: Sacyr, S.A.
Paseo de la Castellana 83-85,
Madrid,
Madrid, 28046,
Spain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BME SCYR Bearer Shares Bolsas y Mercados Espanoles ES EUR 31. May 1994
OTCPK SYRV.F Bearer Shares Pink Sheets LLC US USD 31. May 1994
DB VHM Bearer Shares Deutsche Boerse AG DE EUR 31. May 1994
LSE 0OFU Bearer Shares London Stock Exchange GB EUR 31. May 1994
BATS-CHIXE SCYRE Bearer Shares BATS 'Chi-X Europe' GB EUR 31. May 1994
Number of employees
Current staff
Staff numbers
43,467
Sacyr employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:34
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/02/28
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.