Budimex SA

Chart & Performance

D1W1MN

P/E

16.01

P/S

1.21

EPS

28.91

Div Yield, %

3.89%

Shrs. gr., 5y

—

Rev. gr., 5y

5.82%

Revenues

9.80b

+13.72%

Net income

738m

+38.12%

CFO

1.31b

-8.11%

Dividend

May 28, 202435.69 PLN/sh

Earnings

Mar 10, 2025

Profile

Budimex SA operates as an infrastructure and services company in Poland and internationally. It operates through Construction Business, Development Activities and Property Management, and Service Activities segments. The company is involved in the general contracting of public, commercial, industrial, and residential buildings, as well as sports facilities. It also engages in the construction of hydraulic engineering projects, including shoreline armoring; construction and reinforcement of embankments and wharfs; and construction and reconstruction of drains and water bodies, and flood defenses, as well as road, railway, and airport infrastructure projects construction. In addition, the company is involved in the construction, modernization, and extension of wastewater treatment plants, water and sewer networks, and water treatment plants; waste treatment, storage, and drying plants; and incineration plants and materials recycling facilities, as well as undertaking energy and industrial projects. Further, it provides equipment for earth works; mixtures distribution; routing the pavement, piling, and lifting works; and professional flatbed transport. Additionally, the company offers bituminous mixtures, as well as laboratory and technological services; invests in lands; sells apartments; and rents and manages properties. The company was founded in 1968 and is headquartered in Warsaw, Poland. Budimex SA is a subsidiary of Ferrovial Construction International SE.

URL

https://www.budimex.pl/en/site.html

IPO date

May 25, 1995

Employees

6,967

Domiciled in

Incorporated in

Valuation

Order:

Title PLN in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title PLN in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	9,801,515 13.72%	8,619,054 8.95%	7,911,192 -5.62%
Cost of revenue	9,092,091	8,169,266	7,378,263
Unusual Expense (Income)
NOPBT	709,424	449,788	532,929
NOPBT Margin	7.24%	5.22%	6.74%
Operating Taxes	183,547	100,805	88,550
Tax Rate	25.87%	22.41%	16.62%
NOPAT	525,877	348,983	444,379
Net income	738,196 38.12%	534,443 14.70%	465,946 1.41%
Dividends	(459,286)	(599,191)	(806,750)
Dividend yield	2.87%	8.26%	13.92%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	64,186	76,435	83,777
Long-term debt	334,328	337,426	353,537
Deferred revenue
Other long-term liabilities	922,170	879,154	867,742
Net debt	(3,630,610)	(2,850,235)	(2,363,558)
Cash flow
Cash from operating activities	1,312,035	1,427,766	765,445
CAPEX	(141,948)	(125,190)	(104,505)
Cash from investing activities	(131,810)	(169,691)	827,043
Cash from financing activities	(525,292)	(720,916)	(988,379)
FCF	448,625	246,861	454,579
Balance
Cash	3,932,701	3,255,220	2,715,795
Long term investments	96,423	8,876	85,077
Excess cash	3,539,048	2,833,143	2,405,312
Stockholders' equity	1,471,901	1,219,256	1,280,808
Invested Capital	1,257,158	953,771	964,944
ROIC	47.57%	36.38%	40.00%
ROCE	25.98%	20.69%	23.72%
EV
Common stock shares outstanding	25,530	25,530	25,530
Price	626.00 120.42%	284.00 25.11%	227.00 -26.18%
Market cap	15,981,841 120.42%	7,250,548 25.11%	5,795,332 -26.18%
EV	12,390,714	4,441,384	3,473,541
EBITDA	866,739	602,175	679,536
EV/EBITDA	14.30	7.38	5.11
Interest	41,868	10,976	8,104
Interest/NOPBT	5.90%	2.44%	1.52%