The best stock screener for Spanish stocks covers the whole Madrid exchange and not only the IBEX 35, with fundamentals you can filter and compare. Spain is a market of two halves: a few dozen large banks, utilities and multinationals, and a layer of small family-controlled companies that most international tools have never indexed.
Short answer: ScreenerHero is built to filter the full Spanish market by fundamentals for free, without an account. MarketScreener is better for news and consensus. TradingView is the choice for charts. Local portals help with news and quotes. The comparison follows.
What a Spanish stock screener has to cover
1. More than the IBEX 35
The IBEX 35 is the headline, but Spain has far more listed companies. ScreenerHero covers 189 Spanish stocks. About 78 are worth more than 1 billion euros, and about 33 are worth less than 50 million. The small group is where screeners differ the most.
2. Sector-appropriate ratios
Spanish market value leans heavily on banks, utilities, telecoms and energy. For banks, price to book and ROE matter more than P/E. For utilities and infrastructure, EV/EBITDA and debt matter. A screener needs these fields filled in for Spanish companies and a sector filter to separate them.
3. Dividend data you can trust
Spanish large caps are known for dividends, and the way they pay (a mix of cash and scrip programmes) can make a headline yield misleading. Check yield against payout ratio and free cash flow. The dividend screening guide shows how.
4. The smaller companies
Small Spanish companies often have a controlling family and low free float. A good tool lets you filter by market cap and by insider ownership so you can find them.
5. Euro figures and a wider view
Prices are in euros. The useful extra is being able to put Spanish stocks next to Portuguese, French or Italian peers in the same table.
The main options compared
| Tool | Best for | Spanish coverage | Cost to screen |
|---|---|---|---|
| ScreenerHero | Filter-driven fundamental screening, small caps included | 189 Spanish stocks | Free screener, no account; one-time paid plan for the rest |
| MarketScreener | News, multi-year history, consensus | Wide European coverage | Limited free access; full features need a subscription |
| TradingView | Charts, technical alerts | Broad | Free plan with limits; paid plans monthly |
| Investing.com | News, prices, economic calendar | Broad | Free; the screener is basic |
| Spanish financial portals | News, quotes, local analysis | Full | Usually free; screening is basic |
MarketScreener has deep news, history and consensus across many European stocks. It is stronger for editorial research and slower for systematic screening.
TradingView is the pick for charts and technical alerts. Run your fundamental screen first, then check price action there.
Investing.com is useful for real-time prices, news and macro calendars. Its screener is basic.
ScreenerHero has 40 or more filters you can combine, forward estimates and analyst targets where analysts cover the stock, and a sortable table that updates as you change a filter. It uses end-of-day data, has no options, and keeps annual financial history.
How to screen Spanish stocks with ScreenerHero
Open the screener with Spain selected. No account is needed.
- Set a market cap floor. 100 million euros keeps the list readable. Lower it for small companies.
- Pick the sector. Banks, utilities, energy, industrials and real estate each need their own ratios.
- Choose the ratio. Banks: price to book and ROE. Utilities and infrastructure: EV/EBITDA and net debt. Everything else: ROIC and margins.
- Check the dividend. Compare yield with payout ratio and free cash flow.
- Look at insiders. In a market with many controlled companies, insider ownership and insider buying tell you a lot.
Three starting screens
Spanish value
- Exchange: BME
- P/E below 12
- EV/EBITDA below 8
- Market cap above 200 million euros
- Sort by: EV/EBITDA ascending
Spanish dividend payers
- Exchange: BME
- Dividend yield above 4%
- Payout ratio below 90%
- Market cap above 300 million euros
- Sort by: dividend yield descending
Spanish small caps below book value
- Exchange: BME
- Market cap between 20 and 200 million euros
- Price to book below 1
- Positive net income
For the market overview, read how to screen Spanish stocks on BME.