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Tecnicas Reunidas, SA (ES:TRE)
BME:TRE
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Tecnicas Reunidas (TRE) Price & Analysis

21 Followers

TRE Stock Chart & Stats

€34.34
-€0.03(-0.23%)
At close: 4:00 PM EST
€34.34
-€0.03(-0.23%)

Bulls Say, Bears Say

Bulls Say
Re-accelerating Revenue GrowthRevenue growth accelerating to ~27% in 2025 signals stronger project award conversion and higher activity in core EPC markets. This trend indicates sustainable top-line momentum from backlog and project execution that can support revenue visibility and operational scale over the next several months.
Improved Free Cash Flow ConversionConsistently positive free cash flow and high conversion versus net income (83–97%) through 2022–2025 demonstrate stronger cash generation from operations. Durable FCF supports debt reduction, working-capital funding and reinvestment, improving financial flexibility over the medium term.
Balance-sheet Repair And Strong ROEMaterial deleveraging from peak levels and strong ROE indicate successful earnings recovery and equity rebuild. Improved leverage and attractive returns bolster capacity to bid larger projects and absorb overruns, strengthening the firm's structural financial resilience into the medium term.
Bears Say
Sharp Gross-margin CompressionA collapse in reported gross margin to ~4% in 2025 versus prior 21–27% suggests meaningful adverse project mix, pricing pressure or cost inflation. Such margin erosion can persist across contract tails and new bids, creating lasting pressure on profitability and cash generation if not reversed.
Working-capital And Cash-flow VolatilityHigh sensitivity of cash flow to project timing and working capital causes swings in liquidity; historical negative OCF in 2020–21 shows this is structural risk. Persistent working-capital demands can strain liquidity, especially if project payments or change orders delay receipts.
Residual High Leverage For Cyclical ProfileAlthough leverage has fallen, debt levels remain elevated for an engineering & construction firm with cyclical cash flows. Remaining leverage leaves limited cushion against project setbacks or a downturn and could re-escalate quickly if revenue or margins deteriorate.

Tecnicas Reunidas News

TRE FAQ

What was Tecnicas Reunidas, SA’s price range in the past 12 months?
Tecnicas Reunidas, SA lowest stock price was €20.32 and its highest was €38.66 in the past 12 months.
    What is Tecnicas Reunidas, SA’s market cap?
    Tecnicas Reunidas, SA’s market cap is €2.25B.
      When is Tecnicas Reunidas, SA’s upcoming earnings report date?
      Tecnicas Reunidas, SA’s upcoming earnings report date is Jul 24, 2026 which is in 2 days.
        How were Tecnicas Reunidas, SA’s earnings last quarter?
        Tecnicas Reunidas, SA released its earnings results on May 08, 2026. The company reported €0.18 earnings per share for the quarter, the consensus estimate of €0.18 by €0.
          Is Tecnicas Reunidas, SA overvalued?
          According to Wall Street analysts Tecnicas Reunidas, SA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Tecnicas Reunidas, SA pay dividends?
            Tecnicas Reunidas, SA pays a Semiannually dividend of €0.241 which represents an annual dividend yield of N/A. See more information on Tecnicas Reunidas, SA dividends here
              What is Tecnicas Reunidas, SA’s EPS estimate?
              Tecnicas Reunidas, SA’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Tecnicas Reunidas, SA have?
              Tecnicas Reunidas, SA has 80,301,260 shares outstanding.
                What happened to Tecnicas Reunidas, SA’s price movement after its last earnings report?
                Tecnicas Reunidas, SA reported an EPS of €0.18 in its last earnings report, expectations of €0.18. Following the earnings report the stock price went down -5.537%.
                  Which hedge fund is a major shareholder of Tecnicas Reunidas, SA?
                  Currently, no hedge funds are holding shares in ES:TRE
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Tecnicas Reunidas, SA

                    Técnicas Reunidas, S.A., an engineering and construction company, designs and manages industrial plant projects worldwide. It operates through Upstream & Refining, Natural gas, Petrochemical, Low-carbon technologies, and Other segments. The Refining segment offers management, engineering, procurement, construction and commissioning services for facilities along the entire value chain to produce fuels. The Natural gas segment provides direction, management, engineering, procurement, construction and commissioning services for facilities throughout the supply chain, from natural gas production to regasification terminals; and treatment and processing plants, compressor and liquefaction stations, storage tanks, and final regasification facilities. The Petrochemical segment provides direction, management, engineering, procurement, construction and startup services for facilities dedicated to the production of basic chemical materials used in water distribution, pharmaceuticals, health, food, energy efficiency in buildings and transport systems, and others. The Low-carbon technologies segment offers hydrogen, carbon capture and storage, circular economy and bioproducts; produces biomethane and converts biomass and waste into fuels, biodiesel, biokerosene, chemicals, and power and steam generation. The Other segment offers water treatment, port infrastructures, and oil production. In addition, the company is involved in real estate-related activities, consultancy and assistance in international engineering projects, project execution, and machinery wholesale business. Técnicas Reunidas, S.A. was formerly known as Lummus Española, S.A. and changed its name to Técnicas Reunidas, S.A. in 1972. The company was incorporated in 1960 and is headquartered in Madrid, Spain.

                    Tecnicas Reunidas (TRE) Earnings & Revenues

                    TRE Stock 12 Month Forecast

                    Average Price Target

                    €49.00
                    ▲(42.69% Upside)
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7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":28.5,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":27.64,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n        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