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Employees: 3,594
Size Talgo (TLGO.MC) is a Spain Industrials company (Trucks/Construction/Farm Machinery) with a market value of $313M, the 96th largest of 97 Spain companies the cockpit tracks. Shares closed at €2.14 on 6 Nov 2026.
Performance Over six months the shares fell 20.9%, against -20.1% for the median peer and +8.2% for the Spain market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 22.0% over the last twelve months (peer median +8.8%); the operating margin is 1.4% (peer median 7.7%).
Valuation It trades at 1.1× enterprise value to sales against a peer median of 1.5× (9th cheapest of 20).
Capital Return on invested capital runs 4.9 points below its cost of capital (6.1% WACC).
Next results Next results expected around 26 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €724M | €618M | €669M | €652M | €469M |
| Revenue growth | — | -8% | +3% | +39% | — |
| Gross profit | €94.6M | €43.3M | €126M | €155M | €103M |
| EBITDA | €50.5M | -€2.52M | -€48.0M | €76.8M | €43.7M |
| Net income | -€59.9M | -€98.2M | -€106M | €13.7M | €1.44M |
| Free cash flow | -€136M | -€100M | -€119M | -€122M | -€24.7M |
| Capital expenditure | €32.7M | €44.5M | €48.6M | €26.5M | €22.4M |
| Total debt | n/a | €731M | €504M | €407M | €353M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TLGO.MC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.1% | -11.7% | 9th highest of 21 |
| 6-month return | -20.9% | -20.1% | 10th lowest of 21 |
| Distance from 52-week high | -33.3% | -37.6% | 9th highest of 21 |
| Revenue growth (TTM) | +22.0% | +8.8% | 3rd highest of 21 |
| Operating margin | 1.4% | 7.7% | 3rd lowest of 21 |
| EV / Sales | 1.1× | 1.5× | 9th cheapest of 20 |
| ROIC minus cost of capital | -4.9 pp | -0.8 pp | 3rd lowest of 20 |
| EV / EBITDA | 16.2× | 6.6× | 2nd most expensive of 13 |
| Net debt / EBITDA | 10.5× | 0.4× | most indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Talgo TLGO.MC | Spain | $313M | -21% | +22% | 1% | 1.1× | n/a | n/a |
| Dagang 300103.SZ | China | $317M | -19% | -27% | -58% | 17.5× | n/a | n/a |
| Giken 6289.T | Japan | $302M | +4% | +8% | 11% | 1.4× | 9.0% | +0.6% |
| Linzhou Heavy Machinery 002535.SZ | China | $297M | -30% | -33% | 7% | n/a | n/a | n/a |
| Penguin International BTM.SI | Singapore | $297M | +35% | -5% | 19% | 1.5× | n/a | n/a |
| Twin Disc TWIN | United States | $332M | +19% | +12% | 5% | 0.9× | 5.7% | +11.8% |
| Nippon Sharyo,Ltd 7102.T | Japan | $294M | -14% | +4% | 13% | 0.7× | -9.2% | +0.1% |
| Zhejiang Xinchai 301032.SZ | China | $335M | -28% | +2% | 4% | 0.9× | 7.9% | -1.1% |
| Chengdu Dahongli Machinery 300865.SZ | China | $340M | -22% | +35% | 8% | 4.6× | 25.4% | -11.5% |
| Shandong Hongyu Precision Machinery 002890.SZ | China | $343M | -21% | -2% | 2% | 7.3× | n/a | n/a |
| Nanchang Mineral Systems 001360.SZ | China | $344M | -16% | +12% | 4% | 2.5× | n/a | n/a |
| Terasaki Electric 6637.T | Japan | $275M | -17% | +16% | 10% | 0.5× | n/a | n/a |
| Daihatsu Infinearth Mfg.co.,ltd 6023.T | Japan | $357M | -25% | +11% | 10% | 0.6× | n/a | n/a |
| Beijing Zhongkehaixun Digital S&T 300810.SZ | China | $359M | -38% | +35% | -8% | 7.7× | n/a | n/a |
| VST Tillers Tractors VSTTILLERS.NS | India | $359M | -24% | +17% | 11% | 2.7× | 27.3% | +10.2% |
| Sejin Heavy Industries 075580.KS | South Korea | $270M | -67% | +1% | 21% | 1.6× | -10.4% | +7.1% |
| Tan Chong International 0693.HK | Hong Kong | $367M | -2% | -7% | 5% | 0.9× | -2.1% | -0.5% |
| Airman 6364.T | Japan | $368M | -1% | +2% | 14% | 1.0× | n/a | n/a |
| Lungteh Shipbuilding 6753.TW | Taiwan | $369M | -28% | +13% | 25% | 2.0× | n/a | n/a |
| Weima Agricultural Machinery 301533.SZ | China | $383M | -15% | +20% | 7% | 2.1× | n/a | n/a |
| Traffic Control Technology 688015.SS | China | $383M | -37% | +10% | 7% | 0.8× | -3.9% | +4.5% |