Budimex S.A.
Budimex SA, together with its subsidiaries, operates as a construction company in Poland, Germany, Slovakia, Czechia, Latvia, rest of the European Union, and internationally. It operates through Construction Business and Service Activities segments. The company carries out road, bridge, and hydraulic engineering construction projects; general contracting of public buildings, as well as commercial… Read more
Budimex S.A. (BDX) - Net Assets
Latest net assets as of June 2025: zł901.63 Million PLN
Based on the latest financial reports, Budimex S.A. (BDX) has net assets worth zł901.63 Million PLN as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł7.34 Billion) and total liabilities (zł6.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł901.63 Million |
| % of Total Assets | 12.28% |
| Annual Growth Rate | 5.1% |
| 5-Year Change | 8.09% |
| 10-Year Change | 112.78% |
| Growth Volatility | 21.89 |
Budimex S.A. - Net Assets Trend (2006–2024)
This chart illustrates how Budimex S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Budimex S.A. (2006–2024)
The table below shows the annual net assets of Budimex S.A. from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł1.28 Billion | -18.28% |
| 2023-12-31 | zł1.57 Billion | +20.84% |
| 2022-12-31 | zł1.30 Billion | -4.52% |
| 2021-12-31 | zł1.36 Billion | +14.63% |
| 2020-12-31 | zł1.19 Billion | +41.91% |
| 2019-12-31 | zł836.64 Million | +11.48% |
| 2018-12-31 | zł750.48 Million | -14.92% |
| 2017-12-31 | zł882.13 Million | +9.47% |
| 2016-12-31 | zł805.82 Million | +33.61% |
| 2015-12-31 | zł603.12 Million | +15.43% |
| 2014-12-31 | zł522.51 Million | -19.01% |
| 2013-12-31 | zł645.17 Million | +48.96% |
| 2012-12-31 | zł433.13 Million | -39.09% |
| 2011-12-31 | zł711.11 Million | +4.51% |
| 2010-12-31 | zł680.40 Million | +16.07% |
| 2009-12-31 | zł586.18 Million | -9.08% |
| 2008-12-31 | zł644.73 Million | +20.22% |
| 2007-12-31 | zł536.29 Million | +2.30% |
| 2006-12-31 | zł524.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Budimex S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 568.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł952.50 Million | 77.30% |
| Common Stock | zł145.85 Million | 11.84% |
| Other Comprehensive Income | zł53.74 Million | 4.36% |
| Other Components | zł80.20 Million | 6.51% |
| Total Equity | zł1.23 Billion | 100.00% |
Budimex S.A. Competitors by Market Cap
The table below lists competitors of Budimex S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VERRA MOBILITY A DL-0001
F:0YK
|
$2.00 Billion |
|
CECEP Wind-Power Corp Co Ltd
SHG:601016
|
$2.00 Billion |
|
Hualan Biological EngineeringInc
SHE:002007
|
$2.00 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
$2.00 Billion |
|
AmTrust Financial Services Prf 7 25 Exp15Jun2055
PINK:AFFS
|
$2.00 Billion |
|
KPJ Healthcare Bhd
KLSE:5878
|
$1.99 Billion |
|
Doosan Bobcat Inc
KO:241560
|
$1.99 Billion |
|
Capricorn Metals Ltd
PINK:CRNLF
|
$1.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Budimex S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,530,815,000 to 1,232,294,000, a change of -298,521,000 (-19.5%).
- Net income of 615,922,000 contributed positively to equity growth.
- Dividend payments of 911,169,000 reduced retained earnings.
- Other comprehensive income increased equity by 25,232,001.
- Other factors decreased equity by 28,506,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł615.92 Million | +49.98% |
| Dividends Paid | zł911.17 Million | -73.94% |
| Other Comprehensive Income | zł25.23 Million | +2.05% |
| Other Changes | zł-28.51 Million | -2.31% |
| Total Change | zł- | -19.50% |
Book Value vs Market Value Analysis
This analysis compares Budimex S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 13.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 31.81x to 13.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | zł20.50 | zł652.00 | x |
| 2007-12-31 | zł21.00 | zł652.00 | x |
| 2008-12-31 | zł25.25 | zł652.00 | x |
| 2009-12-31 | zł22.96 | zł652.00 | x |
| 2010-12-31 | zł26.65 | zł652.00 | x |
| 2011-12-31 | zł27.85 | zł652.00 | x |
| 2012-12-31 | zł16.97 | zł652.00 | x |
| 2013-12-31 | zł24.53 | zł652.00 | x |
| 2014-12-31 | zł20.34 | zł652.00 | x |
| 2015-12-31 | zł23.47 | zł652.00 | x |
| 2016-12-31 | zł31.39 | zł652.00 | x |
| 2017-12-31 | zł34.53 | zł652.00 | x |
| 2018-12-31 | zł29.12 | zł652.00 | x |
| 2019-12-31 | zł31.65 | zł652.00 | x |
| 2020-12-31 | zł45.02 | zł652.00 | x |
| 2021-12-31 | zł51.67 | zł652.00 | x |
| 2022-12-31 | zł49.29 | zł652.00 | x |
| 2023-12-31 | zł59.96 | zł652.00 | x |
| 2024-12-31 | zł48.27 | zł652.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Budimex S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 49.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.76%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 6.34x
- Recent ROE (49.98%) is above the historical average (35.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.74% | 0.13% | 1.32x | 4.42x | zł-48.43 Million |
| 2007 | 2.81% | 0.49% | 1.31x | 4.37x | zł-38.56 Million |
| 2008 | 16.26% | 3.13% | 1.20x | 4.34x | zł40.35 Million |
| 2009 | 29.63% | 5.28% | 0.99x | 5.70x | zł115.04 Million |
| 2010 | 39.30% | 6.04% | 1.09x | 5.98x | zł199.37 Million |
| 2011 | 36.69% | 4.73% | 1.21x | 6.40x | zł189.76 Million |
| 2012 | 42.94% | 3.06% | 1.76x | 7.96x | zł142.67 Million |
| 2013 | 47.98% | 6.33% | 1.29x | 5.89x | zł237.85 Million |
| 2014 | 36.97% | 3.88% | 1.28x | 7.43x | zł140.05 Million |
| 2015 | 39.36% | 4.59% | 1.09x | 7.87x | zł175.93 Million |
| 2016 | 51.14% | 7.36% | 1.00x | 6.98x | zł329.71 Million |
| 2017 | 52.69% | 7.29% | 1.06x | 6.80x | zł376.26 Million |
| 2018 | 41.09% | 4.13% | 1.35x | 7.34x | zł231.09 Million |
| 2019 | 27.97% | 2.99% | 1.13x | 8.26x | zł145.20 Million |
| 2020 | 39.98% | 5.48% | 1.12x | 6.49x | zł344.53 Million |
| 2021 | 35.32% | 5.89% | 1.15x | 5.20x | zł334.02 Million |
| 2022 | 42.47% | 6.20% | 1.17x | 5.87x | zł408.60 Million |
| 2023 | 48.22% | 7.53% | 1.16x | 5.50x | zł585.11 Million |
| 2024 | 49.98% | 6.76% | 1.17x | 6.34x | zł492.69 Million |
Industry Comparison
This section compares Budimex S.A.'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $111,868,712
- Average return on equity (ROE) among peers: 11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Budimex S.A. (BDX) | zł901.63 Million | 0.74% | 7.15x | $2.00 Billion |
| Atrem S.A. (ATR) | $51.20 Million | 30.49% | 2.47x | $23.59 Million |
| Compremum S.A. (CPR) | $119.46 Million | 6.48% | 0.60x | $5.67 Million |
| Dekpol SA (DEK) | $39.72 Million | 8.36% | 2.35x | $36.38 Million |
| Energoaparatura S.A. (ENP) | $12.86 Million | 7.56% | 1.07x | $3.34 Million |
| Erbud SA (ERB) | $209.94 Million | 15.16% | 1.34x | $68.22 Million |
| INSTAL KRAKÓW SA (INK) | $219.07 Million | 4.32% | 0.64x | $36.83 Million |
| Interbud-Lublin SA (ITB) | $50.02 Million | 20.98% | 2.07x | $2.58 Million |
| Mirbud SA (MRB) | $267.63 Million | 9.14% | 1.28x | $192.93 Million |
| MOSTOSTAL Płock SA (MSP) | $36.91 Million | 1.25% | 0.67x | $6.68 Million |