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Budimex S.A. (BDX.WA)

PLN722.60 -1.80 (-0.25%)
PL WSE Industrials Engineering & Construction
Address Siedmiogrodzka 9 01-204
Warsaw, PL
CEO Artur Popko
Website budimex.pl
IPO 2000-01-03
ISIN PLBUDMX00013

Explore sections of this company profile

Description

Budimex S.A. operates as a leading infrastructure and services company, active both within Poland and on an international scale. Its comprehensive operations are structured into three main divisions: Construction, Property Development and Management, and Services. As a general contractor, Budimex undertakes a broad spectrum of projects, ranging from public, commercial, industrial, and residential buildings to sports facilities. The company also specializes in critical infrastructure, including hydraulic engineering works such as shoreline protection, embankment and wharf fortification, drainage systems, and flood defenses, alongside extensive road, railway, and airport developments. Furthermore, Budimex is deeply involved in the construction, modernization, and expansion of water and wastewater treatment plants, utility networks, and various waste management solutions, encompassing treatment, storage, drying, incineration, and recycling facilities. Their portfolio also includes energy and industrial ventures. Complementing these core activities, the company provides equipment for earthmoving, material distribution, pavement routing, piling, lifting operations, and specialized flatbed transport services. Additional offerings include the production of bituminous mixtures, laboratory and technological support, land investment, apartment sales, and property rental and management. Established in Warsaw, Poland, in 1968, Budimex S.A. functions as a subsidiary of Ferrovial Construction International SE.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
PLN722.60 -1.80 (-0.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
40.2K
Beta
0.55
Float Shares
12.73M
Free Float %
49.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.09% -3.56% -12.44% -13.82% +13.78% +2.21% +4.10% +79.18% +122.31% +264.33% +7,293.46%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
722.60
DCF (Unlevered) 889.24 +23.1%
DCF (Levered) 817.17 +13.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 20% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 3 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.28
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Engineering & Construction: +6.7%
    +3.5% Q1'26: -8.9% (vs Q1'25)
  • EPS growth Engineering & Construction: +20.8%
    +21.4% Q1'26: -24.6% (vs Q1'25)
  • FCF margin FCF growth · Engineering & Construction: +51.6%
    +4.9% Q1'26: -5.5% (vs Q1'25)
  • EBIT margin Engineering & Construction: +7.0%
    +9.2% Q1'26: +7.2% (vs Q1'25)
  • ROIC Engineering & Construction: +6.4%
    Q1'26: -35.6% (vs Q1'25)
  • Share dilution Engineering & Construction: +0.0%
    -7.8% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Engineering & Construction: -0.38×
    0.42× Q1'26: 0.74× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.55) × ERP
WACC = 97% × Ke + 3% × Kd (10.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 881.00 Current price: 722.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
3 EPS Ana.
Dec 2027
4 Rev. Ana.
3 EPS Ana.
Dec 2028
3 Rev. Ana.
3 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
5.13B
est: 5.11B (+0.5%)
5.57B
est: 5.54B (+0.5%)
6.37B
est: 6.25B (+1.9%)
7.39B
est: 7.42B (-0.5%)
7.57B
est: 7.52B (+0.6%)
8.38B
est: 8.23B (+1.9%)
7.91B
est: 7.78B (+1.7%)
8.62B
est: 8.69B (-0.8%)
9.80B
est: 9.52B (+2.9%)
9.12B
est: 9.14B (-0.2%)
9.44B
est: 9.52B (-0.9%)
10.19B
10.17B – 10.22B
+7.0% YoY
12.04B
11.07B – 13.31B
+18.2% YoY
13.82B
13.73B – 13.91B
+14.8% YoY
15.91B
15.19B – 16.84B
+15.1% YoY
EBITDA
347.92M
est: 492.46M (-29.3%)
566.43M
est: 534.57M (+6.0%)
652.86M
est: 602.34M (+8.4%)
486.59M
est: 715.43M (-32.0%)
451.88M
est: 725.45M (-37.7%)
597.71M
est: 793.42M (-24.7%)
735.06M
est: 749.82M (-2.0%)
812.30M
est: 837.93M (-3.1%)
1.10B
est: 1.33B (-17.2%)
1.02B
est: 1.28B (-20.4%)
1.06B
est: 1.33B (-20.2%)
1.42B
1.42B – 1.43B
+7.0% YoY
1.68B
1.54B – 1.86B
+18.2% YoY
1.93B
1.92B – 1.94B
+14.8% YoY
2.22B
2.12B – 2.35B
+15.1% YoY
EBIT
300.99M
est: 404.95M (-25.7%)
515.05M
est: 439.58M (+17.2%)
586.00M
est: 495.31M (+18.3%)
409.90M
est: 588.30M (-30.3%)
346.46M
est: 596.54M (-41.9%)
463.58M
est: 652.44M (-28.9%)
589.03M
est: 616.58M (-4.5%)
659.91M
est: 689.04M (-4.2%)
942.88M
est: 1.12B (-15.8%)
855.94M
est: 1.07B (-20.3%)
868.08M
est: 1.12B (-22.5%)
1.20B
1.19B – 1.20B
+7.0% YoY
1.42B
1.30B – 1.56B
+18.2% YoY
1.62B
1.61B – 1.64B
+14.8% YoY
1.87B
1.79B – 1.98B
+15.1% YoY
Net Income
235.85M
est: 224.05M (+5.3%)
409.85M
est: 383.02M (+7.0%)
464.41M
est: 428.99M (+8.3%)
305.42M
est: 311.10M (-1.8%)
226.01M
est: 169.54M (+33.3%)
459.47M
est: 353.85M (+29.8%)
465.95M
est: 669.77M (-30.4%)
534.44M
est: 510.14M (+4.8%)
738.20M
est: 688.19M (+7.3%)
615.92M
est: 609.63M (+1.0%)
748.01M
est: 587.00M (+27.4%)
699.22M
651.00M – 747.44M
+19.1% YoY
863.33M
746.32M – 897.50M
+23.5% YoY
913.96M
890.52M – 937.39M
+5.9% YoY
— – —
-100.0% YoY
SGA
220.81M
est: 204.11M (+8.2%)
233.24M
est: 221.57M (+5.3%)
251.36M
est: 249.66M (+0.7%)
261.46M
est: 296.53M (-11.8%)
231.77M
est: 300.68M (-22.9%)
309.83M
est: 328.86M (-5.8%)
284.02M
est: 310.78M (-8.6%)
333.79M
est: 347.30M (-3.9%)
384.91M
est: 342.34M (+12.4%)
446.23M
est: 328.42M (+35.9%)
159.40M
est: 342.37M (-53.4%)
366.38M
365.39M – 367.38M
+7.0% YoY
432.89M
397.90M – 478.42M
+18.2% YoY
496.82M
493.63M – 500.01M
+14.8% YoY
571.75M
545.89M – 605.19M
+15.1% YoY
EPS
9.24
est: 8.78 (+5.3%)
16.05
est: 15.00 (+7.0%)
18.19
est: 16.80 (+8.3%)
11.96
est: 12.19 (-1.9%)
8.85
est: 6.64 (+33.3%)
18.00
est: 13.86 (+29.9%)
18.25
est: 26.23 (-30.4%)
20.93
est: 19.98 (+4.7%)
28.91
est: 29.00 (-0.3%)
24.13
est: 24.85 (-2.9%)
29.30
est: 24.73 (+18.5%)
29.77
27.67 – 31.77
+20.4% YoY
34.69
31.72 – 38.14
+16.5% YoY
38.98
37.85 – 39.84
+12.4% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-05-06 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-05-05 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-05-04 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-30 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-29 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-28 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-27 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-24 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-23 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-22 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-21 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-20 A- 4/5 4/5 5/5 5/5 2/5 3/5 1/5
2026-04-17 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5
2026-04-16 B+ 3/5 4/5 5/5 5/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
464.82M
OE per share TTM
23.74
Owner's Yield
2.68%
Maintenance CapEx ratio
53.05%
Maint CapEx / Avg PPE
8.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 138 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
167.5K
Shares Outstanding
25.53M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Artur Popko Chief Executive Officer, Director General & President of the Management Board 3M male
Maciej Olek Chief Operating Officer of Railway, Power & Industrial Construction and Member of the Management Board 3M
Cezary Lysenko Chief Operating Officer of Infrastructure & General Construction and Member of the Management Board 3M
Marcin Weglowski Chief Financial Officer & Member of the Management Board 2M male
Jacek Daniewski Chief Legal and Organisational Officer & Member of Management Board 2M male
Anna Karys-Sosinska Chief HR Officer & Member of the Management Board 1M
Michal Kielin Head of Affairs Investor Relations and Analysis male
Ewelina Karp-Kreglicka Director of the ESG, Quality & Environmental Protection Department female
Grzegorz Fafara Chief Accountant
Igor Adam Chalupec Secretary of the Board & Member of the Supervisory Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits