Técnicas Reunidas, S.A. (TNISF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Técnicas Reunidas, S.A. (TNISF) trades at $40.00. Técnicas Reunidas, S. A. is a global engineering and construction company specializing in industrial plant projects. Market cap: $3.12B, Sector: Industrials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for TNISF: TNISF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TNISF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TNISF: 1/1 perspectives are bearish.
How is this calculated? →Técnicas Reunidas, S.A. (TNISF) Industrial Operations Profile
Técnicas Reunidas, S.A., based in Spain, is a global engineering and construction firm focusing on industrial plant projects across the oil and gas, power, and other sectors. The company delivers comprehensive EPC services, plant management, and turnkey solutions, serving diverse industries worldwide with a workforce of over 10,000 employees.
What Is the Investment Thesis for TNISF?
Técnicas Reunidas, S.A. presents a compelling investment case based on its established position in the global engineering and construction industry. With a market capitalization of $3.12B and a P/E ratio of 17.9, the company demonstrates financial stability. A key value driver is its diversified operations across the Oil and Gas, Power, and Other Industries segments, providing resilience against sector-specific downturns. Growth catalysts include increasing demand for EPC services in renewable energy and infrastructure projects. However, potential risks include project delays, cost overruns, and fluctuations in commodity prices. Investors should monitor the company's ability to secure new contracts and maintain profitability in a competitive market.
Based on FMP financials and quantitative analysis
TNISF Key Highlights
- Market capitalization of $3.12B indicates substantial company size and investor interest.
- P/E ratio of 17.9 suggests the company is reasonably valued compared to its earnings.
- Profit margin of 2.4% reflects the company's ability to generate profit from its revenue.
- Gross margin of 17.9% demonstrates the efficiency of the company's operations in managing production costs.
- The company operates across three segments: Oil and Gas, Power, and Other Industries, providing diversification.
Who Are TNISF's Competitors?
TNISF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| CHYCY Chiyoda Corporation | $4.60 | +3.37% | $4.80B | 45 |
| JGCCY JGC Holdings Corporation | $34.95 | +0.00% | $4.23B | 46 |
| KBAGF Koninklijke BAM Groep nv | $12.80 | +22.84% | $3.29B | 49 |
| LSIIF Lisi S.A. | $53.92 | -19.76% | $2.46B | 47 |
| MDALF MDA Ltd. | $33.66 | +5.58% | $4.26B | 65 |
| EKIVF Enka Insaat ve Sanayi A.S. | $1.12 | +7.14% | $6.39B | 64 |
| AGX Argan, Inc. | $738.72 | +4.61% | $10.36B | 62 |
| LGN Legence Corp. | $77.08 | +1.64% | $9.33B | 60 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TNISF's Key Strengths?
- Strong technical expertise in engineering and construction.
- Diversified operations across multiple industries.
- Global presence with operations in various countries.
- Established track record and reputation.
What Are TNISF's Weaknesses?
- Exposure to cyclical demand in the engineering and construction industry.
- Potential for project delays and cost overruns.
- Dependence on macroeconomic factors and commodity prices.
- Competition from other international EPC companies.
What Could Drive TNISF Stock Higher?
- Increasing global demand for renewable energy projects.
- Infrastructure development in emerging markets.
- Potential strategic partnerships and acquisitions in the next year.
- Technological innovation and digitalization to improve project efficiency.
- Focus on sustainable and green projects to attract environmentally conscious clients.
What Are the Key Risks for TNISF?
- Financial-distress signal — its Altman Z-Score of 1.50 sits in the distress zone (elevated bankruptcy risk).
- Economic downturns and recessions affecting project demand.
- Fluctuations in commodity prices impacting project costs.
- Changes in government regulations affecting industry operations.
- Intense competition from other international EPC companies.
- Project delays and cost overruns impacting profitability.
What Are the Growth Opportunities for TNISF?
- Growth opportunity 1: Expansion in Renewable Energy Projects: Técnicas Reunidas can capitalize on the increasing global demand for renewable energy infrastructure. The market for renewable energy projects is projected to reach $1 trillion by 2030, driven by government incentives and environmental concerns. By leveraging its engineering and construction expertise, Técnicas Reunidas can secure contracts for solar, wind, and biomass projects, enhancing its revenue streams and contributing to sustainable development. This expansion can be achieved within the next 3-5 years.
- Growth opportunity 2: Infrastructure Development in Emerging Markets: Emerging markets present significant opportunities for infrastructure development, including airports, industrial facilities, and desalination plants. Técnicas Reunidas can leverage its experience in these areas to secure projects in regions with high growth potential, such as Southeast Asia and Africa. The infrastructure market in emerging economies is expected to grow at a rate of 8-10% annually over the next decade, providing a substantial pipeline of opportunities for Técnicas Reunidas.
- Growth opportunity 3: Technological Innovation and Digitalization: Embracing technological innovation and digitalization can improve project efficiency and reduce costs. Técnicas Reunidas can invest in advanced technologies such as BIM (Building Information Modeling), AI, and IoT to optimize project design, construction, and management. These technologies can enhance productivity by 15-20% and reduce project timelines, providing a competitive advantage in the market. Implementation can begin immediately with phased rollouts over the next 2-3 years.
- Growth opportunity 4: Strategic Partnerships and Acquisitions: Forming strategic partnerships and acquisitions can expand Técnicas Reunidas' capabilities and market reach. Collaborating with specialized technology providers or acquiring companies with complementary expertise can enhance the company's service offerings and geographic presence. Strategic alliances can provide access to new markets and technologies, accelerating growth and diversification. These partnerships can be initiated within the next year.
- Growth opportunity 5: Focus on Sustainable and Green Projects: Técnicas Reunidas can focus on securing projects that promote sustainability and environmental responsibility. This includes projects related to carbon capture, waste management, and water treatment. The market for sustainable projects is growing rapidly, driven by increasing environmental awareness and regulatory requirements. By positioning itself as a leader in sustainable engineering and construction, Técnicas Reunidas can attract environmentally conscious clients and investors, enhancing its reputation and long-term growth prospects. This can be implemented immediately and expanded over the next 5 years.
What Opportunities Does TNISF Have?
- Expansion in renewable energy projects.
- Infrastructure development in emerging markets.
- Technological innovation and digitalization.
- Strategic partnerships and acquisitions.
What Threats Does TNISF Face?
- Economic downturns and recessions.
- Fluctuations in commodity prices.
- Changes in government regulations.
- Increased competition from new entrants.
What Are TNISF's Competitive Advantages?
- Technical Expertise: Deep knowledge and experience in engineering and construction.
- Project Management Capabilities: Proven ability to manage large-scale industrial projects.
- Global Presence: Operations in multiple countries, providing access to diverse markets.
- Reputation: Established track record and brand recognition in the industry.
What Does TNISF Do?
Técnicas Reunidas, S.A., established in 1960 and headquartered in Madrid, Spain, is a prominent engineering and construction company specializing in the design and management of industrial plant projects globally. Originally known as Lummus Española, S.A., the company rebranded in 1972 to Técnicas Reunidas, S.A. The company operates through three primary segments: Oil and Gas, Power, and Other Industries. The Oil and Gas segment provides engineering, procurement, and construction (EPC) services for oil processing, chemical production, and natural gas operations, including refining plant construction and expansion. The Power segment offers consulting, engineering, procurement, and construction services for electricity generating plants, including conventional thermal, combined cycle, nuclear, and renewable energy plants. The Other Industries segment focuses on projects in areas such as airports, industrial facilities, desalination plants, and public infrastructure. Técnicas Reunidas, S.A. also engages in real estate development, commercial development, and machinery wholesale, along with technical assistance and project management services. With over 10,451 employees, the company serves a diverse range of clients worldwide, offering comprehensive solutions from project conception to completion.
What Products and Services Does TNISF Offer?
- Designs and manages industrial plant projects worldwide.
- Provides engineering, procurement, and construction (EPC) services.
- Constructs, revamps, and expands refining plants.
- Designs and builds chemical and fertilizer producing plants.
- Offers consulting and construction services for electricity generating plants.
- Undertakes projects in airports, industrial facilities, and desalination plants.
- Provides technical assistance, construction supervision, and project management.
How Does TNISF Make Money?
- Provides engineering, procurement, and construction (EPC) services for industrial plants.
- Generates revenue through project-based contracts with clients in various industries.
- Offers consulting and technical assistance services.
- Engages in real estate and commercial development activities.
What Industry Does TNISF Operate In?
Técnicas Reunidas, S.A. operates within the global engineering and construction industry, which is characterized by intense competition and cyclical demand. The industry is influenced by macroeconomic factors, commodity prices, and government regulations. Key trends include the increasing adoption of sustainable technologies and the growing demand for infrastructure development in emerging markets. Técnicas Reunidas competes with other international EPC companies, such as CHYCY (Chicago Bridge & Iron Company), JGCCY (JGC Holdings Corporation), KBAGF (Krones AG), LSIIF (Larsen & Toubro Ltd), and MDALF (Maire Tecnimont SpA), striving to differentiate itself through technical expertise and project management capabilities.
Who Are TNISF's Key Customers?
- Oil and gas companies.
- Power generation companies.
- Public authorities and organizations.
- Industrial facility operators.
FY2026 estForward Outlook
Wall Street analysts project Técnicas Reunidas, S.A. revenue of about $6.48B for fiscal 2026, with EPS near $2.30. The estimate reflects 7 contributing analysts.
F-Score 5/9Financial Health
Técnicas Reunidas, S.A.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.50 places it in the distress zone, a signal of elevated financial risk.
ROE 27%Key Financial Metrics
Return on equity for Técnicas Reunidas, S.A. stands at 27.3%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 2.2%, showing how much profit it generates from its asset base. TNISF trades at a trailing price-to-earnings ratio of 17.89, below the Industrials sector average of ~30x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.19 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 5.9%, the inverse of the P/E and a quick read on earnings relative to price.
Técnicas Reunidas, S.A. (TNISF) Valuation Context
Valued at $3.12B, TNISF is classified as a mid-cap stock.
Company Profile
Técnicas Reunidas, S.A. operates in the Engineering & Construction industry within the Industrials sector. It is headquartered in Madrid, ES. The company is led by CEO Eduardo San Miguel Gonzalez De Heredia. TNISF has traded publicly since 2013.
TNISF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong technical expertise in engineering and construction.
- Diversified operations across multiple industries.
- Global presence with operations in various countries.
- Established track record and reputation.
Bear Case
- Exposure to cyclical demand in the engineering and construction industry.
- Potential for project delays and cost overruns.
- Dependence on macroeconomic factors and commodity prices.
- Competition from other international EPC companies.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
TNISF Latest News
No recent news available for TNISF.
TNISF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TNISF.
Price Targets
Wall Street price target analysis for TNISF.
TNISF MoonshotScore
What does this score mean?
The MoonshotScore rates TNISF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Eduardo San Miguel Gonzalez De Heredia
Unknown
Information on Eduardo San Miguel Gonzalez De Heredia's background is not available in the provided context. Further research would be needed to provide details on his career history, education, and previous roles.
Track Record: Information on Eduardo San Miguel Gonzalez De Heredia's track record is not available in the provided context. Further research would be needed to provide details on his key achievements, strategic decisions, and company milestones under his leadership.
TNISF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Técnicas Reunidas, S.A. may not meet the listing requirements of higher tiers like OTCQX or OTCQB, which demand stricter financial and disclosure standards. Companies in this tier may have limited financial information available and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often populated by shell companies, companies in distress, or those with limited operating history.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Liquidity: OTC stocks often have low trading volume, making it difficult to buy or sell shares.
- Information Scarcity: Financial disclosures may be limited or unavailable, making it challenging to assess the company's financial health.
- Regulatory Oversight: OTC stocks are subject to less regulatory scrutiny than exchange-listed stocks, increasing the risk of fraud or mismanagement.
- Price Volatility: OTC stocks can experience significant price swings due to low trading volume and speculative trading.
- Delisting Risk: The company may not meet the requirements for listing on a major exchange, potentially leading to delisting.
- Verify the company's financial statements and disclosures.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance.
- Monitor trading volume and price volatility.
- Understand the risks associated with OTC investing.
- Consult with a financial advisor.
- Longevity: Técnicas Reunidas, S.A. has been in operation since 1960, suggesting a degree of stability.
- Employee Count: The company employs over 10,000 people, indicating a substantial operation.
- Global Operations: The company operates worldwide, suggesting a broad market presence.
- Industry Sector: Operating in the engineering and construction sector, which involves tangible projects and services.
Common Questions About TNISF (Industrials)
What does Técnicas Reunidas, S.A. do?
Técnicas Reunidas, S.A. is an international engineering and construction company focused on delivering industrial plant projects. The company operates in three key segments: Oil and Gas, Power, and Other Industries. They provide comprehensive EPC services, including design, procurement, and construction, for a variety of projects such as refining plants, power generation facilities, and infrastructure developments. The company's expertise lies in managing large-scale projects from conception to completion, serving clients worldwide.
What are the main risks for TNISF?
Técnicas Reunidas, S.A. faces several risks inherent to the engineering and construction industry. These include project delays, cost overruns, and fluctuations in commodity prices. The company is also exposed to macroeconomic factors and changes in government regulations. Intense competition from other international EPC companies poses a threat to market share and profitability. As an OTC-listed stock, TNISF carries additional risks related to liquidity and information scarcity.
How does Técnicas Reunidas, S.A. compare to competitors in its industry?
Técnicas Reunidas, S.A. competes with major international EPC companies like Chicago Bridge & Iron Company (CHYCY), JGC Holdings Corporation (JGCCY), and Larsen & Toubro Ltd (LSIIF). While specific market share data is unavailable, Técnicas Reunidas differentiates itself through its technical expertise, project management capabilities, and global presence. The company's diversified operations across the Oil and Gas, Power, and Other Industries segments provide a competitive advantage. However, it faces challenges in maintaining profitability and securing new contracts in a competitive market.
What are the key financial metrics investors watch for TNISF?
Investors in Técnicas Reunidas, S.A. typically monitor several key financial metrics to assess the company's performance and valuation. These include revenue growth, which indicates the company's ability to generate sales; profit margins, which reflect its efficiency in managing costs; and order backlog, which provides insight into future revenue potential. The P/E ratio of 17.9 is also a key metric for assessing valuation relative to earnings. Additionally, investors should monitor the company's cash flow and debt levels to evaluate its financial stability.
What are the key factors to evaluate for TNISF?
Evaluate TNISF on fundamentals, analyst consensus, and risk factors. P/E: 17.9x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does TNISF data refresh on this page?
TNISF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TNISF's recent stock price performance?
Técnicas Reunidas, S.A. (TNISF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong technical expertise in engineering and construction. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TNISF overvalued or undervalued right now?
Técnicas Reunidas, S.A. (TNISF) trades at 17.9x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for TNISF.
- Disclosure status for OTC market is unknown.