Factsheet
ISIN: ES0121975009
Listings: Madrid
Ticker symbol (Madrid): CAF
Bloomberg Code: CAF:SM
Reuters Code: CAF.MC
Factset code: CAF-MCE
ISIN: ES0121975009
Listings: Madrid
Ticker symbol (Madrid): CAF
Bloomberg Code: CAF:SM
Reuters Code: CAF.MC
Factset code: CAF-MCE

CAF is a multinational group with over 100 years' experience. One of the international leaders in the implementation of integrated rail and bus mobility solutions in a multitude of geographies. CAF serves the most diverse range of customers worldwide: from municipalities and regional or national public or private administrations, to other railway manufacturers and private companies operating or maintaining systems, or even transport authorities that require consortium structures accompanied by entities with a financial profile. Proud of the high level of satisfaction and repeatability of its customers, today CAF’s backlog (> EUR 14,000 mil) gives high visibility of the business for the coming years.

CAF is number one in sustainable urban mobility, with a value proposition that no other company can match (underground trains, trams and LRVs, low- and zero-emission buses), with high technological synergies and cross-selling opportunities between the rail and bus worlds, in a context in which urban public transport will be a key pillar in any future mobility scenario.

Being global, with a prominent positioning in Europe, CAF is present in more than 50 countries in the world and has, in the railway sector, an industrial presence in Spain, France, the United Kingdom, the United States, Brazil and Mexico, with over 100 maintenance centres in the world, over 4,800 trains delivered and more than 1,000 refurbished cars to its name. In the bus section, CAF has an industrial establishment in Poland, with buses sold to more than 750 cities in 32 countries and over 20,000 buses in operation.

Having a human team of more than 15,000 highly-qualified people, aligned with the project and with a shared culture. Nearly 5,500 university graduates and more than 2,500 are engineering professionals in innovation activities, product design and project management.

CAF is sustainable, presenting sustainability ratios above the sector average and is moving forward with a significant reduction of scope 1&2 and 3 emissions in line with the objectives defined in the Strategic Plan.

CAF is solvent and have a proven financial capacity, with a controlled financial net debt / EBITDA ratio.

Financial Year 2023

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€4,775m
Order intake
€14,200m
Backlog
€3,825m
Revenue
€179m
EBIT
4.7%
EBIT Mg
€2.6/€1.11
EPS/DPS
€55m
Cash flow
€256m
NFD
0.9x
NFD/EBITDA

Key Figures

 
2021
2022
2023
Income Statement (Thousands of euros)

Revenue

2,942,685 3,165,470 3,825,285
Profit/(loss) from operations 164,942 138,644 178,814
Financial profit/(loss) (38,063) (53,091) (44,064)
Consolidated profit/(loss) for the year 88,771 54,864 92,317
Balance Sheet (Thousands of euros)      
Total assets 4,269,894 4,951,088 5,052,354
Total equity 740,460 788,325 868,183
Total liabilities 3,529,434 4,162,763 4,184,171
Cash Flows (Thousands of euros)      
Cash flows from operating activities 153,550 110,970 106,132
Cash flows from investing activities (61,226) 27,601 40,637
Cash flows from financing activities (127,104) (220,750) (177,693)
Data per Share (Euro)      
Earnings per share (EPS) 2.51 1.52 2.60
Dividend per share (DPS) 1.00 0.86 1.11

Investment Story

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Solid backlog, that guarantee workload and support growth and future profitability
Sustained growth of revenue and profit for rail and buses alike
Proven business track record, achieving above-market growth
Above-average sustainability ratios for the sector

Share Performance

*This includes investors with a stake over 3% or 1% in the case of investors based in tax havens (Source: CNMV). It also includes treasury shares associated with the liquidity contract.