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Spanish manufacturer of glass bottles and containers for beverage, food and pharma packaging across Europe.
Spanish manufacturer of glass bottles and containers for beverage, food and pharma packaging across Europe.
Sells glass bottles and jars to bottlers and food makers from furnaces that run continuously, so plant utilisation and energy costs decide profit. The 2017 purchase of Encirc added a UK and Irish business that bottles customers' drinks at the glass plant itself.
In one line: A smaller, Iberian-focused Owens-Illinois.
Moat: narrow (scale, cost advantage, customer qualification). Furnace scale and long customer contracts, but glass competes with cans/PET on cost.
Headquarters: Llodio, Spain · Founded: 1965 · Employees: 4,822
Size Vidrala (VID.MC) is a Spain Materials company (Containers/Packaging) with a market value of $3.63B, the 34th largest of 97 Spain companies the cockpit tracks. Shares closed at €89.40 on 6 Nov 2026.
Performance Over six months the shares gained 18.1%, against -0.4% for the median peer and +8.2% for the Spain market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 2.6% over the last twelve months (peer median +3.4%); the operating margin is 20.8% (peer median 8.2%).
Valuation It trades at 14.6× forward earnings against a peer median of 16.5× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 6% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -2 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.6 points above its cost of capital (9.2% WACC).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €1.47B | €1.47B | €1.59B | €1.43B | €1.35B |
| Revenue growth | — | -8% | +11% | +6% | — |
| Gross profit | €466M | €448M | €514M | €456M | €352M |
| EBITDA | €446M | €436M | €438M | €350M | €252M |
| Net income | €219M | €209M | €248M | €233M | €154M |
| Free cash flow | €110M | €202M | €202M | €120M | -€3.17M |
| Capital expenditure | €187M | €189M | €169M | €152M | €120M |
| Total debt | n/a | €262M | €392M | €598M | €323M |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Vidrala VID.MC | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% |
| Verallia SAS VRLA.PA | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% |
| O-I Glass OI | $796M | -44% | -2% | 9% | 10.1× | n/a |
| Vetropack VETN.SW | $470M | -3% | -5% | 4% | 23.9× | 0.4% |
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 | VID.MC | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.7% | +3.1% | 8th lowest of 21 |
| 6-month return | +18.1% | -0.4% | 4th highest of 21 |
| Distance from 52-week high | -3.7% | -18.0% | highest of 21 |
| Revenue growth (TTM) | -2.6% | +3.4% | 4th lowest of 21 |
| Operating margin | 20.8% | 8.2% | highest of 21 |
| Forward P/E | 14.6× | 16.5× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 5.8% | -0.4% | 6th most demanding of 18 |
| Growth delivered (Del g) | +8.2% | +6.5% | 5th highest of 18 |
| Hurdle (Req g minus delivered) | -2.4 pp | -7.9 pp | 7th most demanding of 18 |
| ROIC minus cost of capital | +3.6 pp | +1.1 pp | 6th highest of 21 |
| EV / EBITDA | 7.9× | 8.3× | 7th cheapest of 15 |
| Net debt / EBITDA | 0.7× | 3.2× | 2nd least indebted of 16 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vidrala VID.MC | Spain | $3.63B | +18% | -3% | 21% | 14.6× | 5.8% | +8.2% |
| Toyo Seikan 5901.T | Japan | $3.69B | +34% | +6% | 6% | 20.4× | -2.7% | +5.2% |
| Greif GEF | United States | $3.95B | +7% | -2% | 8% | 16.1× | 7.9% | -4.7% |
| Graphic Packaging GPK | United States | $3.31B | +5% | 0% | 6% | 12.3× | 5.0% | +5.6% |
| Huhtamaki HUH1V.HE | Finland | $3.12B | -1% | -2% | 9% | 11.0× | -6.3% | +3.7% |
| Oji 3861.T | Japan | $4.31B | -3% | 0% | 2% | 20.6× | 20.4% | +6.5% |
| Silgan SLGN | United States | $4.34B | +2% | +4% | 10% | 10.2× | -5.8% | +5.7% |
| Viscofan VIS.MC | Spain | $2.86B | -5% | +3% | 15% | 16.6× | -3.4% | +6.5% |
| Ardagh Metal Packaging AMBP | United States | $2.82B | +18% | +17% | 5% | 17.0× | 4.1% | +9.8% |
| Mondi MNDI.L | United Kingdom | $4.69B | +5% | +5% | 4% | 36.1× | 15.4% | +2.1% |
| Nine Dragons Paper 2689.HK | Hong Kong | $2.76B | -29% | +22% | 9% | 4.4× | n/a | n/a |
| Sonoco Products SON | United States | $4.99B | -2% | +4% | 10% | 9.0× | -1.9% | +7.5% |
| Verallia SAS VRLA.PA | France | $2.56B | -10% | -3% | 9% | 14.7× | 5.6% | +5.6% |
| Shenzhen YUTO Packaging Technology 002831.SZ | China | $5.19B | 0% | +1% | 11% | 20.8× | -0.4% | +7.9% |
| Jiangsu Sidike New Materials Science & Technology 300806.SZ | China | $5.33B | -17% | +12% | 4% | 154.7× | n/a | n/a |
| China International Marine Containers (Group) 2039.HK | Hong Kong | $6.11B | -35% | +6% | 4% | 12.7× | -8.1% | +9.9% |
| Jia Yao 1626.HK | Hong Kong | $2.05B | +175% | +161% | 6% | n/a | n/a | n/a |
| Winpak WPK.TO | Canada | $1.91B | +12% | +3% | 15% | 12.5× | -10.9% | +6.6% |
| SIG SIGN.SW | Switzerland | $7.07B | +23% | -5% | 5% | 20.5× | 18.4% | +9.4% |
| Shandong Pharmaceutical Glass 600529.SS | China | $1.85B | 0% | -9% | 18% | 16.5× | -2.4% | +5.5% |
| Yunnan Energy New Material (Group) 002812.SZ | China | $7.55B | -38% | +50% | 17% | 19.8× | 7.8% | +26.1% |