Duro Felguera (MDF) AI Stock Analysis

6 Followers

Duro Felguera

(BME:MDF)

Select Model

Rating:51Neutral

Price Target:EUR 0.21▲(1.93% Upside)

Action:reiterated

Date:08/20/26

The overall score is heavily weighed down by catastrophic financial health, including negative equity, persistent losses, and continuous cash burn, which pose existential risks. Strong short-term technical momentum provides a partial offset, but the extreme overbought signals and a negative P/E ratio reinforce the high-risk profile. The company's solvency concerns are the dominant factor limiting the score.

Positive Factors

Diversified EPC PlatformThe company operates across several industrial and energy-related end markets rather than relying on one application. This breadth can support a more durable project pipeline, allow expertise to transfer between sectors, and provide opportunities to offset weakness in an individual market.

Negative Factors

Negative Equity and LeverageDeeply negative equity combined with meaningful debt indicates severe capitalization stress and leaves limited financial resilience. This structure can restrict investment capacity, increase dependence on external support or restructuring, and make the company more vulnerable to additional losses or weaker project performance.

Duro Felguera (MDF) vs. iShares MSCI Spain ETF (EWP)

Market Cap: EUR 45.82M
Dividend Yield: ―
Average Volume (3M): 675.56K
Price to Earnings (P/E): 0.8
Beta (1Y): 0.48
Revenue Growth: -69.38%
EPS Growth: ―
Country: Spain
Employees: 467
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

Duro Felguera Business Overview & Revenue Model

Company Description

Duro Felguera, S.A., established in 1858 and headquartered in Gijón, Spain, specializes in delivering comprehensive, ready-to-operate projects for the energy and industrial sectors. Its operational footprint is extensive, encompassing Spain, Latin Am...

Duro Felguera Financial Statement Overview

Summary

Financial condition is extremely distressed. Revenue collapsed 34.7%, gross margin fell to 8.6%, and the company posted a €71M net loss. Shareholders' equity is deeply negative (-€337.7M) with unsustainable leverage (debt-to-assets 2.16). Operating cash flow has been negative for six consecutive years, burning €22.8M in 2025. Solvency is a critical concern.

Income Statement

12Very Negative

Balance Sheet

5Very Negative

Cash Flow

8Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	75.26M	161.06M	286.01M	281.20M	117.19M	84.47M
Gross Profit	1.80M	13.83M	97.18M	119.43M	72.61M	59.14M
EBITDA	-57.77M	-49.88M	-83.42M	-10.59M	-1.45M	29.14M
Net Income	196.81M	-71.00M	-98.37M	-21.89M	5.01M	22.61M
Balance Sheet
Total Assets	112.98M	134.85M	215.90M	328.73M	233.46M	292.07M
Cash, Cash Equivalents and Short-Term Investments	34.26M	18.32M	36.61M	133.32M	53.51M	120.09M
Total Debt	159.26M	291.57M	138.40M	69.86M	34.14M	42.45M
Total Liabilities	204.93M	467.48M	485.18M	484.26M	375.39M	429.94M
Stockholders Equity	-91.92M	-337.70M	-270.02M	-156.26M	-142.57M	-138.41M
Cash Flow
Free Cash Flow	-21.84M	-22.80M	-77.34M	-27.38M	-61.49M	-65.21M
Operating Cash Flow	-21.91M	-22.76M	-76.56M	-26.96M	-61.49M	-64.70M
Investing Cash Flow	2.39M	8.32M	-5.95M	23.89M	8.55M	14.37M
Financing Cash Flow	11.03M	597.00K	-1.89M	88.87M	-11.50M	113.98M

Duro Felguera Technical Analysis

Technical Analysis SentimentNeutral

Last Price0.21

Price Trends

50DMA0.23Negative

100DMA0.22Negative

200DMA0.20Positive

Market Momentum

MACD-0.01Negative

RSI46.03Neutral

STOCH79.06Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:MDF, the sentiment is Neutral. The current price of 0.21 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.23, and above the 200-day MA of 0.20, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 46.03 is Neutral, neither overbought nor oversold. The STOCH value of 79.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:MDF.

Duro Felguera Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

ES:MDF against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ES:ENO	69Neutral	EUR 2.74B	13.88	19.61%	10.09%	6.96%	―
ES:FER	68Neutral	EUR 39.56B	154.50	10.09%	2.50%	5.46%	-81.98%
ES:SCYR	61Neutral	EUR 3.35B	24.36	13.54%	3.06%	6.43%	35.75%
ES:TRE	61Neutral	EUR 2.41B	15.70	27.90%	―	32.96%	48.82%
ES:ACS	56Neutral	EUR 24.75B	23.47	19.75%	2.55%	10.46%	14.97%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ES:MDF	51Neutral	EUR 105.05M	0.77	-91.62%	―	-69.38%	―

* General Sector Average

Performance Comparison

ES:MDF and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ES:MDF	Duro Felguera	0.21	-0.00	-0.48%
ES:ACS	Actividades de Construccion y Servicios SA	91.05	14.47	18.90%
ES:ENO	Elecnor SA	31.65	3.93	14.18%
ES:FER	Ferrovial SA	55.62	2.24	4.20%
ES:SCYR	Sacyr SA	4.25	0.63	17.53%
ES:TRE	Tecnicas Reunidas	31.72	1.60	5.31%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 20, 2026

Duro Felguera AI Stock Analysis