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Grupo ACS Valuation Multiples

Discover Grupo ACS's revenue and EBITDA valuation multiples, acquisitions, and investment history, alongside public comparables like EMCOR Group, Vulcan Materials, Martin Marietta Materials, Epiroc and more.

Grupo ACS Overview

About Grupo ACS

ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.


Founded

1983

HQ

Spain

Employees

128.7K

Financials (LTM)

Revenue: $61B
EBITDA: $4B

EV

$38B

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Grupo ACS Financials

Grupo ACS reported last 12-month revenue of $61B and EBITDA of $4B.

In the same LTM period, Grupo ACS generated $61B in gross profit, $4B in EBITDA, and $1B in net income.

Revenue (LTM)


Grupo ACS P&L

In the most recent fiscal year, Grupo ACS reported revenue of $59B and EBITDA of $4B.

Grupo ACS is profitable as of last fiscal year, with gross margin of 31%, EBITDA margin of 7%, and net margin of 2%.

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LTMLast FY202320242025202620272028
Revenue$61B$59B$42B$48B$58B
Gross Profit$61B$18B$13B$16B$18B
Gross Margin100%31%32%32%31%
EBITDA$4B$4B$3B$3B$4B
EBITDA Margin6%7%6%6%7%
EBIT Margin4%4%2%2%3%
Net Profit$1B$1B$908M$963M$1B
Net Margin2%2%2%2%2%
Net Debt-$2B---

Financial data powered by Morningstar, Inc.

Grupo ACS Stock Performance

Grupo ACS has current market cap of $38B, and enterprise value of $38B.

Market Cap Evolution


Grupo ACS's stock price is $143.23.

Grupo ACS share price decreased by 1.2% in the last 30 days, and increased by 110.6% in the last year.

Grupo ACS has an EPS (earnings per share) of $4.21.

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EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$38B$38B0.2%-1.2%15.7%110.6%$4.21

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Grupo ACS Valuation Multiples

Grupo ACS trades at 0.6x EV/Revenue multiple, and 9.9x EV/EBITDA.

See NTM and 2027E valuation multiples for Grupo ACS

EV / Revenue (LTM)


Grupo ACS Financial Valuation Multiples

As of June 3, 2026, Grupo ACS has market cap of $38B and EV of $38B.

Grupo ACS has a P/E ratio of 32.0x.

LTMLast FY202320242025202620272028
EV/Revenue0.6x0.6x0.9x0.8x0.6x
EV/EBITDA9.9x9.2x14.3x12.5x9.2x
EV/EBIT14.1x14.9x38.6x39.2x19.7x
EV/Gross Profit0.6x2.1x2.9x2.4x2.1x
P/E32.0x34.0x42.0x39.6x34.4x
EV/FCF24.8x14.0x32.1x15.2x14.0x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Grupo ACS Valuation Multiples

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Grupo ACS Margins & Growth Rates

Grupo ACS grew revenue by 10% but EBITDA decreased by 1% in the last fiscal year.

In the most recent fiscal year, Grupo ACS reported gross margin of 31%, EBITDA margin of 7%, and net margin of 2%.

See estimated margins and future growth rates for Grupo ACS

Grupo ACS Margins

Last FY202420252026202720282029
Gross Margin31%32%31%100%
EBITDA Margin7%6%7%6%
EBIT Margin4%2%3%4%
Net Margin2%2%2%2%
FCF Margin5%5%5%2%

Grupo ACS Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth10%16%20%12%
Gross Profit Growth257%18%17%257%
EBITDA Growth(1%)14%36%(1%)
EBIT Growth13%(2%)99%50%
Net Profit Growth14%6%15%16%
FCF Growth(48%)112%9%(48%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Grupo ACS Operational KPIs

Grupo ACS's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.1M for the same period.

Grupo ACS's Rule of 40 is 18% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Grupo ACS's Rule of X is 36% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Grupo ACS
LTMLast FY202320242025202620272028
Rule of 4016%18%---
Bessemer Rule of X31%36%---
Revenue per Employee-$0.5M---
Opex per Employee-$0.1M---
Opex to Revenue-28%29%30%28%

Data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
EMCOR Group2.1x2.0x18.9x19.6x
Vulcan Materials5.2x5.2x17.6x17.4x
Martin Marietta Materials5.7x5.7x17.4x17.0x
Epiroc5.1x5.1x20.9x20.5x
Hochtief0.8x0.7x11.8x12.5x
Transurban Group17.5x16.6x25.8x21.4x
China State Construction Engineering0.4x0.4x7.8x8.4x
MasTec2.2x2.0x27.6x24.4x

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Acquisitions by Grupo ACS

Grupo ACS has acquired 1 company to date.

Last acquisition by Grupo ACS was on August 19th 2014. Grupo ACS acquired CLECE S.A. for $2B (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Grupo ACS

CLECE S.A.
Description
CLECE S.A. manages facility services across Spain, including cleaning, maintenance, catering, and environmental operations for airports, hospitals, and offices. Subsidiary of ACS Group, CLECE operates at Adolfo Suárez Madrid-Barajas Airport and serves public administrations. The company handles waste management and landscaping for municipalities in Madrid and Barcelona.
HQ CountrySpain
HQ City
Madrid
Deal Date19 Aug 2014
Valuation$2B
EV/Revenue
EV/EBITDA

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Investments by Grupo ACS

Grupo ACS has invested in 1 company to date.

Latest investment by Grupo ACS was on April 13th 2026. Grupo ACS invested in Glydways in their $170M Series C round (EV/Revenue multiple available to Pro users).

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Latest Investments by Grupo ACS

Glydways
Glydways
Glydways
Glydways
Description
Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.
Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.
Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.
Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.
HQ CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
San Francisco, CA
San Francisco, CA
San Francisco, CA
San Francisco, CA
Deal Date13 Apr 202629 Sep 202514 May 20245 Oct 2023
RoundSeries CUndisclosed stageSeries BSeries B
Raised$170M$101M$20M$56M
InvestorsGrupo ACS; Gates Frontier Fund; Khosla Ventures; Mitsui Phenols; Obayashi; Suzuki MotorGrupo ACS; ENEOS Holdings; Gates Frontier Fund; Khosla Ventures; Mitsui Chemicals; New Science Ventures; Suzuki MotorGrupo ACS; Apollo Projects; ENEOS Holdings; Gates Frontier Fund; Khosla Ventures; Mitsui Chemicals; New Science Ventures; Suzuki MotorGrupo ACS; Alumni Ventures; Gates Frontier Fund; Khosla Ventures; New Science Ventures
Valuation$700Mundisclosed$375Mundisclosed
EV/Revenue
EV/EBITDA

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About Grupo ACS

When was Grupo ACS founded?Grupo ACS was founded in 1983.
Where is Grupo ACS headquartered?Grupo ACS is headquartered in Spain.
How many employees does Grupo ACS have?As of today, Grupo ACS has over 128K employees.
Who is the CEO of Grupo ACS?Grupo ACS's CEO is Juan Santamaria Cases.
Is Grupo ACS publicly listed?Yes, Grupo ACS is a public company listed on Bolsa de Madrid.
What is the stock symbol of Grupo ACS?Grupo ACS trades under ACS ticker.
When did Grupo ACS go public?Grupo ACS went public in 2015.
Who are competitors of Grupo ACS?Grupo ACS main competitors include EMCOR Group, Vulcan Materials, Martin Marietta Materials, Epiroc, Hochtief, Transurban Group, China State Construction Engineering, MasTec, Sterling Infrastructure, Samsung C&T.
What is the current market cap of Grupo ACS?Grupo ACS's current market cap is $38B.
What is the current revenue of Grupo ACS?Grupo ACS's last 12 months revenue is $61B.
What is the current revenue growth of Grupo ACS?Grupo ACS revenue growth (NTM/LTM) is 10%.
What is the current EV/Revenue multiple of Grupo ACS?Current revenue multiple of Grupo ACS is 0.6x.
What is the current EBITDA of Grupo ACS?Grupo ACS's last 12 months EBITDA is $4B.
What is Grupo ACS's EBITDA margin?Grupo ACS's last 12 months EBITDA margin is 6%.
What is the current EV/EBITDA multiple of Grupo ACS?Current EBITDA multiple of Grupo ACS is 9.9x.
What is the current FCF of Grupo ACS?Grupo ACS's last 12 months FCF is $2B.
What is Grupo ACS's FCF margin?Grupo ACS's last 12 months FCF margin is 2%.
What is the current EV/FCF multiple of Grupo ACS?Current FCF multiple of Grupo ACS is 24.8x.
How many companies Grupo ACS has acquired to date?As of June 2026, Grupo ACS has acquired 1 company.
What was the largest acquisition by Grupo ACS?$2B acquisition of CLECE S.A. on 19th August 2014 was the largest M&A Grupo ACS has done to date.
What companies Grupo ACS acquired?Grupo ACS acquired CLECE S.A..
In how many companies Grupo ACS has invested to date?As of June 2026, Grupo ACS has invested in 1 company.
What was the last Grupo ACS investment?On 13th April 2026 Grupo ACS invested in Glydways, participating in a $170M Series C round at $700M valuation, alongside Gates Frontier Fund, Khosla Ventures, Mitsui Phenols, Obayashi, and Suzuki Motor.
In what companies Grupo ACS invested in?Grupo ACS invested in Glydways.

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