Budimex S.A. (BDX.WA)
Warsaw, PL
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.09% | -3.56% | -12.44% | -13.82% | +13.78% | +2.21% | +4.10% | +79.18% | +122.31% | +264.33% | +7,293.46% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 0 | 0 |
| Hold | 3 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
-
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)
* 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.
| 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
|
| 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
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Poland UCITS ETF IPOL.L | 1.89% | 17.26M | 0.74% |
| 2 | iShares MSCI Poland ETF EPOL | 1.68% | 11.21M | 0.59% |
| 3 | WisdomTree Emerging Markets SmallCap Dividend Fund DGS | 0.49% | 8.72M | 0.58% |
| 4 | WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L | 0.23% | 588.1K | 0.46% |
| 5 | WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L | 0.23% | 588.1K | 0.46% |
| 6 | Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (C) MSRU.L | 0.20% | 5.85M | 0.25% |
| 7 | Amundi MSCI Emerging Markets SRI Climate Paris Aligned UCITS ETF DR (D) MSDU.L | 0.20% | 5.85M | 0.25% |
| 8 | WisdomTree Emerging Markets High Dividend Fund DEM | 0.16% | 6.38M | 0.63% |
| 9 | Franklin EM Multi-Factor Equity UCITS ETF FREM.L | 0.15% | 127.0K | 0.30% |
| 10 | iShares Emerging Markets Equity Factor ETF EMGF | 0.14% | 2.71M | 0.26% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for BDX.WA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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