Talgo (TLGO.MC) Stock Price

Talgo Price

BME·CLOSED
2.70EUR+0.0100 (+0.37 %)
Market closed

Revenue has compounded at 4.9% per year over the past 13 years to 669.22 M EUR. Earnings per share have declined at 6.5% per year over the last 12 years. Talgo's net margin stands at -15.8%, down from -3.6% several years earlier. Talgo currently offers a dividend yield of about 3.44%. The payout ratio is around 85% of earnings. The dividend has grown at 4.4% per year over the past 6 years. Analysts set a median price target of 3.62 EUR, implying 34.1% above the current price. Of 13 analysts, 1 rate the stock a buy — an overall Sell consensus. The stock trades about 6% above its 52-week low.

Talgo stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Talgo over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Talgo stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Talgo's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Talgo Stock Price History
DateTalgo Price
7/17/20262.70 EUR
7/16/20262.69 EUR
7/15/20262.68 EUR
7/14/20262.67 EUR
7/13/20262.69 EUR
7/10/20262.67 EUR
7/9/20262.68 EUR
7/8/20262.67 EUR
7/7/20262.69 EUR
7/6/20262.70 EUR
7/3/20262.73 EUR
7/2/20262.71 EUR
7/1/20262.61 EUR
6/30/20262.64 EUR
6/29/20262.64 EUR
6/26/20262.63 EUR
6/25/20262.67 EUR
6/24/20262.68 EUR
6/23/20262.69 EUR
6/22/20262.65 EUR
6/19/20262.66 EUR
6/18/20262.66 EUR
6/17/20262.68 EUR
6/16/20262.68 EUR
6/15/20262.69 EUR
6/12/20262.68 EUR
6/11/20262.68 EUR
6/10/20262.68 EUR
6/9/20262.69 EUR
6/8/20262.71 EUR
6/5/20262.75 EUR
6/4/20262.80 EUR
6/3/20262.69 EUR
6/2/20262.69 EUR
6/1/20262.69 EUR
5/29/20262.71 EUR
5/28/20262.70 EUR
5/27/20262.74 EUR
5/26/20262.76 EUR
5/25/20262.78 EUR
5/22/20262.78 EUR
5/21/20262.79 EUR
5/20/20262.79 EUR
5/19/20262.78 EUR
5/18/20262.78 EUR
5/15/20262.84 EUR
5/14/20262.70 EUR
5/13/20262.69 EUR
5/12/20262.70 EUR
5/11/20262.73 EUR
5/8/20262.75 EUR
5/7/20262.77 EUR
5/6/20262.80 EUR
5/5/20262.78 EUR
5/4/20262.77 EUR
4/30/20262.77 EUR
4/29/20262.77 EUR
4/28/20262.77 EUR
4/27/20262.79 EUR
4/24/20262.78 EUR
4/23/20262.80 EUR
4/22/20262.80 EUR
4/21/20262.82 EUR
4/20/20262.86 EUR
4/17/20262.78 EUR
4/16/20262.80 EUR
4/15/20262.82 EUR
4/14/20262.80 EUR
4/13/20262.79 EUR
4/10/20262.83 EUR
4/9/20262.80 EUR
4/8/20262.84 EUR
4/7/20262.83 EUR
4/2/20262.78 EUR
3/27/20262.70 EUR
3/26/20262.74 EUR
3/25/20262.77 EUR
3/24/20262.79 EUR
3/23/20262.76 EUR
3/20/20262.76 EUR
3/19/20262.80 EUR
3/17/20262.84 EUR
3/16/20262.77 EUR
3/13/20262.77 EUR
3/12/20262.79 EUR
3/11/20262.82 EUR
3/10/20262.81 EUR
3/9/20262.85 EUR
3/6/20262.77 EUR
3/5/20262.83 EUR
2/26/20262.90 EUR
2/25/20262.89 EUR
2/24/20262.91 EUR
2/23/20262.89 EUR
2/20/20262.90 EUR
2/19/20262.91 EUR
2/18/20262.92 EUR
2/17/20262.86 EUR
2/16/20262.90 EUR
2/13/20262.91 EUR
2/12/20262.93 EUR
2/11/20262.93 EUR
2/10/20262.98 EUR
2/9/20262.96 EUR
2/6/20262.88 EUR
2/5/20262.88 EUR
2/4/20262.89 EUR
2/3/20262.91 EUR
2/2/20262.95 EUR
1/30/20262.93 EUR
1/29/20262.96 EUR
1/28/20262.95 EUR
1/27/20263.00 EUR
1/26/20262.98 EUR
1/23/20262.97 EUR
1/22/20262.97 EUR
1/21/20262.97 EUR
1/20/20263.02 EUR
1/19/20262.97 EUR
1/16/20263.03 EUR
1/15/20263.05 EUR
1/14/20263.06 EUR
1/13/20263.05 EUR
1/12/20263.08 EUR
1/9/20263.07 EUR
1/8/20263.12 EUR
1/7/20263.16 EUR
1/6/20263.13 EUR
1/5/20263.07 EUR
1/2/20262.91 EUR
12/31/20252.79 EUR
12/30/20252.82 EUR
12/29/20252.81 EUR
12/24/20252.86 EUR
12/23/20252.88 EUR
12/22/20252.92 EUR
12/19/20252.93 EUR
12/18/20252.88 EUR
12/17/20252.84 EUR
12/16/20252.81 EUR
12/15/20252.84 EUR
12/12/20252.82 EUR
12/11/20252.79 EUR
12/10/20252.80 EUR
12/9/20252.82 EUR
12/8/20252.80 EUR
12/5/20252.83 EUR
12/4/20252.79 EUR
12/3/20252.79 EUR
12/2/20252.79 EUR
12/1/20252.82 EUR
11/28/20252.84 EUR
11/27/20252.88 EUR
11/26/20252.90 EUR
11/25/20252.82 EUR
11/24/20252.76 EUR
11/21/20252.71 EUR
11/20/20252.76 EUR
11/19/20252.82 EUR
11/18/20252.77 EUR
11/17/20252.85 EUR
11/14/20252.92 EUR
11/13/20252.94 EUR
11/12/20252.87 EUR
11/11/20252.99 EUR
11/10/20252.96 EUR
11/7/20252.94 EUR
11/6/20252.63 EUR
11/5/20252.63 EUR
11/4/20252.67 EUR
11/3/20252.71 EUR
10/31/20252.67 EUR
10/30/20252.64 EUR
10/29/20252.62 EUR
10/28/20252.62 EUR
10/27/20252.61 EUR
10/24/20252.55 EUR
10/23/20252.54 EUR
10/22/20252.56 EUR
10/21/20252.57 EUR
10/20/20252.61 EUR
10/17/20252.59 EUR
10/16/20252.60 EUR
10/15/20252.61 EUR
10/14/20252.61 EUR
10/13/20252.63 EUR
10/10/20252.64 EUR
10/9/20252.68 EUR
10/8/20252.66 EUR
10/7/20252.64 EUR
10/6/20252.62 EUR
10/3/20252.65 EUR
10/2/20252.66 EUR
10/1/20252.63 EUR
9/29/20252.79 EUR
9/26/20252.78 EUR
9/25/20252.81 EUR
9/24/20252.83 EUR
9/23/20252.86 EUR
9/22/20252.87 EUR
9/19/20252.87 EUR
9/18/20252.88 EUR
9/17/20252.87 EUR
9/16/20252.87 EUR
9/15/20252.89 EUR
9/12/20252.88 EUR
9/11/20252.89 EUR
9/10/20252.86 EUR
9/9/20252.87 EUR
9/8/20252.91 EUR
9/5/20252.92 EUR
9/4/20252.92 EUR
9/3/20252.89 EUR
9/2/20252.91 EUR
9/1/20252.96 EUR
8/29/20252.99 EUR
8/28/20252.97 EUR
8/27/20252.88 EUR
8/26/20252.88 EUR
8/25/20252.93 EUR
8/22/20252.87 EUR
8/21/20252.91 EUR
8/20/20252.95 EUR
8/19/20252.91 EUR
8/18/20252.86 EUR
8/15/20252.85 EUR
8/14/20252.88 EUR
8/13/20252.88 EUR
8/12/20252.86 EUR
8/11/20252.90 EUR
8/8/20252.93 EUR
8/7/20252.97 EUR
8/6/20252.97 EUR
8/5/20252.98 EUR
8/4/20252.99 EUR
8/1/20253.02 EUR
7/31/20253.04 EUR
7/30/20253.03 EUR
7/29/20253.01 EUR
7/28/20252.97 EUR
7/25/20252.95 EUR
7/24/20252.99 EUR
7/23/20253.05 EUR
7/22/20253.06 EUR
7/21/20252.88 EUR
Access this data via the Eulerpool API

Talgo Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
555.41 M EUR
41.39 M EUR
27.56 M EUR
Jan 1, 2022
469.12 M EUR
26.50 M EUR
1.44 M EUR
Jan 1, 2023
652.00 M EUR
59.01 M EUR
13.69 M EUR
Jan 1, 2024
669.22 M EUR
-71.39 M EUR
-106.07 M EUR
Jan 1, 2025 (e)
624.61 M EUR
24.69 M EUR
-6.69 M EUR
Jan 1, 2026 (e)
691.72 M EUR
49.19 M EUR
10.66 M EUR
Jan 1, 2027 (e)
746.64 M EUR
55.76 M EUR
22.57 M EUR
Jan 1, 2028 (e)
880.05 M EUR
77.64 M EUR
38.92 M EUR

Talgo Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 20, 2026, 9:27 PM
 
REVENUEM EUR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM EUR
EBITM EUR
EBIT MARGIN%
NET INCOMEM EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESM
2013201420152016201720182019202020212022202320242025e2026e2027e2028e
326.00384.00520.00579.00384.00324.00401.00487.00555.00469.00651.00669.00624.00691.00746.00880.00
-0.9117.7935.4211.35-33.68-15.6323.7721.4513.96-15.5038.812.76-6.7310.747.9617.96
47.8544.7938.0835.5848.4454.0147.3829.1635.8641.1541.6340.8140.8140.8140.8140.81
156.00172.00198.00206.00186.00175.00190.00142.00199.00193.00271.00273.00254.64281.98304.42359.10
40.0050.0080.0087.0059.0033.0050.00-3.0041.0026.0059.00-71.0024.0049.0055.0077.00
12.2713.0215.3815.0315.3610.1912.47-0.627.395.549.06-10.613.857.097.378.75
31.0038.0059.0061.0034.0017.0038.00-17.0027.001.0013.00-106.00-6.0010.0022.0038.00
-11.4322.5855.263.39-44.26-50.00123.53-144.74-258.82-96.301,200.00-915.38-94.34-266.67120.0072.73
0.070.080.090.110.120.14
12.509.0916.67
138.40138.66104.16141.13140.99139.24132.06129.60128.92125.51124.44122.90122.90122.90122.90122.90
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Talgo generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Talgo retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Talgo's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Talgo has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Talgo's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Talgo stock margins

The Talgo margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Talgo. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Talgo.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
29.18 %
-0.66 %
-3.58 %
Jan 1, 2021
35.92 %
7.45 %
4.96 %
Jan 1, 2022
41.23 %
5.65 %
0.31 %
Jan 1, 2023
41.70 %
9.05 %
2.10 %
Jan 1, 2024
40.80 %
-10.67 %
-15.85 %
Jan 1, 2025 (e)
40.80 %
3.95 %
-1.07 %
Jan 1, 2026 (e)
40.80 %
7.11 %
1.54 %
Jan 1, 2027 (e)
40.80 %
7.47 %
3.02 %

Talgo Stock Revenue, EBIT, Earnings per Share

The Talgo earnings per share therefore indicates how much revenue Talgo has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
3.76 EUR
-0.02 EUR
-0.13 EUR
Jan 1, 2021
4.31 EUR
0.32 EUR
0.21 EUR
Jan 1, 2022
3.74 EUR
0.21 EUR
0.01 EUR
Jan 1, 2023
5.24 EUR
0.47 EUR
0.11 EUR
Jan 1, 2024
5.45 EUR
-0.58 EUR
-0.86 EUR
Jan 1, 2025 (e)
5.08 EUR
0.20 EUR
-0.05 EUR
Jan 1, 2026 (e)
5.63 EUR
0.40 EUR
0.09 EUR
Jan 1, 2027 (e)
6.08 EUR
0.45 EUR
0.18 EUR

Talgo business model & stock analysis

Talgo SA is a Spanish company that was founded in 1942 by engineer José Luis Oriol. The headquarters of Talgo are located in Las Rozas, a suburb of Madrid. Talgo is primarily an engineering and technology company specializing in the development and manufacturing of railway technology and equipment. The business model of Talgo is based on the development and production of trains and rail vehicles that offer high speeds and comfort. Talgo works closely with customers, governments, and railway operators to develop customized solutions for their specific requirements. Talgo's product range includes a variety of trains, from classic locomotives to high-speed trains. Some of the most well-known Talgo products are the Talgo 250, Talgo Avril, Talgo XXI, and Talgo Vittoria. These trains are known for their technical innovations and excellent performance. Talgo is divided into various business areas. The "High-Speed Trains" business area develops and produces trains that reach high speeds, such as the Talgo Avril, which can travel up to 330 km/h. The "Regional Train" area produces trains for local and commuter traffic, such as the "Intercity" trains in Spain. The "Freight Train" area produces special wagons and locomotives for freight transport. Talgo also develops and produces special trains for use in the defense industry. In recent years, Talgo has established a strong presence in the international market. The company has produced trains for countries such as Italy, Germany, Russia, Kazakhstan, and Saudi Arabia. In 2019, Talgo received an order from the Spanish government to build trains for train traffic between Spain and France. Innovation and technology are an important part of Talgo's business strategy. The company has filed several patents for innovative technologies related to trains and rail vehicles. Talgo has also developed the Talgo patent, a technology that allows trains to operate at higher speeds and with lower energy consumption. Talgo also operates research and development centers in Spain and the United States. These centers work on the development of new technologies and products for the railway sector. Talgo also collaborates with various universities and research institutions to support railway-specific research projects. In summary, Talgo is a leading company in the field of railway technology and equipment. With a wide product portfolio and a strong international presence, Talgo will continue to drive the growth of the railway industry and develop groundbreaking technologies and products.

Talgo SWOT Analysis

Strengths

Talgo SA, a leading global provider of high-speed trains and rolling stock maintenance services, possesses several key strengths that contribute to its competitive advantage in the market. Firstly, the company excels in the development and manufacturing of lightweight trains, which offer fuel efficiency and reduced environmental impact compared to traditional trains. This expertise in lightweight design allows Talgo to deliver cost-effective and sustainable transportation solutions.

Secondly, Talgo has a strong track record of technological innovation, constantly pushing the boundaries of train technology. This continuous focus on research and development enables the company to offer cutting-edge features, such as energy recovery systems, advanced safety measures, and improved passenger comfort. These technological advancements enhance the overall appeal and competitiveness of Talgo's products.

Additionally, Talgo's extensive experience in the maintenance and repair of rolling stock is a significant strength. The company has established a solid reputation for providing high-quality maintenance services, ensuring the reliability and longevity of its trains. This expertise in after-sales support enhances customer satisfaction and fosters long-term relationships with clients.

Furthermore, Talgo's global presence and diverse customer base contribute to its strength. The company operates in various countries and serves a wide range of clients, including national railway operators, private companies, and public entities. This geographical and customer diversification mitigates the risk of dependency on a single market or client, providing stability and growth opportunities.

Weaknesses

Despite its numerous strengths, Talgo also faces certain weaknesses that could hinder its growth prospects. One notable weakness is the company's relatively smaller size compared to some of its competitors. This may limit Talgo's resources and ability to invest in large-scale projects or undertake extensive marketing campaigns.

Additionally, Talgo's dependency on a few key suppliers for critical components poses a potential risk to its supply chain. Any disruption or issues with these suppliers could result in production delays or increased costs, negatively affecting Talgo's operations and delivery schedules.

Moreover, the high upfront costs associated with train manufacturing and infrastructure development can act as a barrier to entry for potential customers. This might limit Talgo's market reach and potential customer base, especially in regions with limited financial resources or uncertain political and economic environments.

Opportunities

Talgo SA operates in an industry with several promising opportunities that it can leverage to its advantage. Firstly, the global trend towards sustainable and environmentally friendly transportation solutions presents an opportunity for Talgo to further promote its lightweight trains, which offer energy efficiency and reduced emissions. By aligning its products with this growing demand for sustainable mobility, Talgo can tap into new market segments and cater to environmentally conscious customers.

Secondly, the increasing investment in railway infrastructure, particularly in emerging economies, creates a favorable business environment for Talgo. As governments and private entities seek to enhance their rail networks, the demand for new trains and rolling stock maintenance services is expected to rise. By expanding its presence in these emerging markets, Talgo can capitalize on this opportunity and establish itself as a key player.

Furthermore, Talgo can explore partnerships and collaborations with other industry players to enhance its technological capabilities and market reach. Strategic alliances with leading technology firms or railway operators can enable Talgo to stay at the forefront of innovation, drive joint research projects, and access new markets more effectively.

Threats

Despite its strengths and opportunities, Talgo also faces certain threats that could pose challenges to its business. One major threat is the intense competition within the global railway industry. Numerous established players and new entrants offer similar products and services, increasing price competition and potentially affecting Talgo's market share and profitability.

Additionally, economic fluctuations and geopolitical uncertainties in different regions can impact infrastructure investment decisions, potentially leading to delays or cancellations of projects that could have benefited Talgo. Such unpredictability in demand and project timelines can affect revenue streams and overall business performance.

Moreover, stringent regulatory requirements and compliance standards in the railway industry can pose challenges for Talgo. Adapting to evolving safety and environmental regulations, certification processes, and international trade agreements requires significant financial resources and expertise.

Lastly, changing customer preferences and evolving technologies could render Talgo's existing products less attractive or outdated. To mitigate this threat, the company needs to continuously invest in research and development, adapt its offerings to meet evolving market demands, and stay ahead of technological advancements.

Talgo Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Talgo historical P/E ratio, EBIT multiple, and P/S ratio

Talgo annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Talgo shares outstanding

The number of shares of Talgo was 122.9 M in 2025. This indicates how many shares Talgo is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
129.60 M Stocks
Jan 1, 2021
128.92 M Stocks
Jan 1, 2022
125.51 M Stocks
Jan 1, 2023
124.44 M Stocks
Jan 1, 2024
122.90 M Stocks
Jan 1, 2025 (e)
122.90 M Stocks
Jan 1, 2026 (e)
122.90 M Stocks
Jan 1, 2027 (e)
122.90 M Stocks

Talgo Dividend History

3 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20230.09EUR 19.2%
20220.08EUR 8.3%
20170.07EUR

Talgo dividend history and estimates

In 2025, Talgo paid a dividend amounting to 0.11 EUR. Dividend means that Talgo distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2017
0.07 EUR
0.00 EUR
Jan 1, 2022
0.08 EUR
0.00 EUR
Jan 1, 2023
0.09 EUR
0.00 EUR
Jan 1, 2025 (e)
0.00 EUR
0.11 EUR
Jan 1, 2026 (e)
0.00 EUR
0.12 EUR
Jan 1, 2027 (e)
0.00 EUR
0.14 EUR

Talgo dividend payout ratio

In 2025, Talgo had a payout ratio of 371.51%. The payout ratio indicates the percentage of the company's profits that Talgo distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
359.28 %
Jan 1, 2021
367.75 %
Jan 1, 2022
659.42 %
Jan 1, 2023
84.55 %
Jan 1, 2024
370.57 %
Jan 1, 2025 (e)
371.51 %
Jan 1, 2026 (e)
141.27 %
Jan 1, 2027 (e)
76.56 %

Current Talgo forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy7.69 % (1)
Hold38.46 % (5)
Sell53.85 % (7)
12M Price Target
3.62
Last Price
2.70
Currency
EUR
12M Return Potential
34.11 %
LTM Return
0 %

Talgo Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/26/20240.08EUR-EUR2023 Q4
2/22/20230.01EUR-EUR2022 Q4
11/9/20220.07EUR119.26 MEUR2022 Q3
7/28/20220.07EUR-EUR2022 Q2
5/12/20220.07EUR126.87 MEUR2022 Q1
2/25/20220.13EUR-EUR2021 Q4
11/11/20210.10EUR142.10 MEUR2021 Q3
7/27/20210.09EUR154.28 MEUR2021 Q2
5/13/20210.07EUR152.25 MEUR2021 Q1
2/25/2021-0.22EUR131.65 MEUR2020 Q4

EESG©

Eulerpool ESG Scorecard© for the Talgo stock

71/100
67
Environment
99
Social
47
Governance
E

Environment

20
Scope 1 - Direct Emissions1,362
Scope 2 - Indirect emissions from purchased energy629
Scope 3 - Indirect emissions within the value chain43,811.75
Total CO₂ emissions1,991
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees13.28
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Talgo shareholder structure

% Name
40.34167%
Pegaso Transportation International, S.C.A.
Pegaso Transportation International, S.C.A.
5.07924%
Torrente Blasco (Ana Patricia)
Torrente Blasco (Ana Patricia)
2.09306%
Goldman Sachs Asset Management International
Goldman Sachs Asset Management International
1.57051%
Amundi Asset Management, SAS
Amundi Asset Management, SAS
1.42098%
de Oriol Fabra (Jose Maria)
de Oriol Fabra (Jose Maria)
1.12865%
GVC Gaesco Gestión SGIIC S.A.
GVC Gaesco Gestión SGIIC S.A.
...

Talgo Executives and Management Board

CO

Mr. Carlos De Palacio Y Oriol

Executive Chairman of the Board · since 2002

Compensation525,000.00 EUR
AO

Mr. Antonio Oporto del Olmo

External Independent Director

Compensation120,000.00 EUR
MG

Ms. Marisa Poncela Garcia

External Independent Director

Compensation110,000.00 EUR
GA

Mr. Gonzalo Pedro Urquijo Fernandez De Araoz

(63)

Chief Executive Officer, Executive Director · since 2021

AE

Mr. Alvaro Segura Echaniz

Chief Financial Officer

Talgo Supply Chain

Talgo Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
8 companies
#Name1M3M6M1Y2YTrend
1
Gabriel India
Supplier
0.51
0.11
0.84
0.61
0.66
2
Semcon
Supplier
0.33
-0.48
0.39
0.31
0.62
3
-0.82
0.64
0.80
0.43
0.58
4
Repsol
Supplier
-0.07
-0.72
-0.78
-0.60
0.44
#Name1M3M6M1Y2YTrend
1
0.26
-0.38
-0.72
-0.38
2
-0.65
0.63
0.60
0.45
-0.48
3
0.81
0.71
0.52
0.47
-0.06
4
Knorr-Bremse
Supplier
0.74
0.79
0.90
0.66
0.02

Frequently asked questions about Talgo

Talgo SA is a Spanish company which specializes in manufacturing and maintaining railway vehicles. The company's business model revolves around offering innovative and high-quality rolling stock solutions to clients in the railway sector. Talgo SA designs, manufactures, and services a wide range of trains, including high-speed trains, commuter trains, and freight trains. With a focus on lightweight technology and energy efficiency, Talgo SA aims to provide reliable and sustainable transportation solutions. The company's expertise in engineering and innovation, combined with its global presence, positions Talgo SA as a leading player in the railway industry.

All fundamentals and in-depth analysis of Talgo

Our stock analysis for Talgo stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Talgo. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.