Budimex S.A. Net Assets
Budimex S.A. net assets. Based on the latest financial reports, Budimex S.A. (BDX) has net assets worth zł1.48 Billion PLN (≈ $407.31 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł8.06 Billion ≈ $2.22 Billion USD) and total liabilities (zł6.58 Billion ≈ $1.81 Billion USD). 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. Also explore Budimex S.A. annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.48 Billion |
| % of Total Assets | 18.35% |
| Annual Growth Rate | 5.26% |
| 5-Year Change | 2.05% |
| 10-Year Change | 72.36% |
| Growth Volatility | 21.31 |
Net Assets of Budimex S.A. (2006–2025)
Net assets of Budimex S.A. from 2006 to 2025. This chart illustrates how Budimex S.A.'s net assets have evolved over time, based on quarterly financial data. See BDX equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Budimex S.A. (2006–2025)
The table below shows the annual net assets of Budimex S.A. from 2006 to 2025. For live market cap and overall valuation, see Budimex S.A. (BDX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.39 Billion ≈ $382.26 Million |
+8.23% |
| 2024-12-31 | zł1.28 Billion ≈ $353.19 Million |
-18.28% |
| 2023-12-31 | zł1.57 Billion ≈ $432.17 Million |
+20.84% |
| 2022-12-31 | zł1.30 Billion ≈ $357.63 Million |
-4.52% |
| 2021-12-31 | zł1.36 Billion ≈ $374.57 Million |
+14.63% |
| 2020-12-31 | zł1.19 Billion ≈ $326.75 Million |
+41.91% |
| 2019-12-31 | zł836.64 Million ≈ $230.26 Million |
+11.48% |
| 2018-12-31 | zł750.48 Million ≈ $206.54 Million |
-14.92% |
| 2017-12-31 | zł882.13 Million ≈ $242.77 Million |
+9.47% |
| 2016-12-31 | zł805.82 Million ≈ $221.77 Million |
+33.61% |
| 2015-12-31 | zł603.12 Million ≈ $165.99 Million |
+15.43% |
| 2014-12-31 | zł522.51 Million ≈ $143.80 Million |
-19.01% |
| 2013-12-31 | zł645.17 Million ≈ $177.56 Million |
+48.96% |
| 2012-12-31 | zł433.13 Million ≈ $119.20 Million |
-39.09% |
| 2011-12-31 | zł711.11 Million ≈ $195.71 Million |
+4.51% |
| 2010-12-31 | zł680.40 Million ≈ $187.26 Million |
+16.07% |
| 2009-12-31 | zł586.18 Million ≈ $161.33 Million |
-9.08% |
| 2008-12-31 | zł644.73 Million ≈ $177.44 Million |
+20.22% |
| 2007-12-31 | zł536.29 Million ≈ $147.60 Million |
+2.30% |
| 2006-12-31 | zł524.26 Million ≈ $144.28 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 638.2% over the analyzed period, indicating profitable operations and earnings retention.
Budimex S.A. Net Assets Breakdown (December 2025)
Budimex S.A. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł1.05 Billion | 78.69% |
| Other Components | zł284.78 Million | 21.31% |
| Total Equity | zł1.34 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 |
|---|---|
|
Brown-Forman Corporation
NYSE:BF-A
|
$4.95 Billion |
|
Ameris Bancorp
NASDAQ:ABCB
|
$4.95 Billion |
|
AAK AB
ST:AAK
|
$4.96 Billion |
|
Crispr Therapeutics AG
NASDAQ:CRSP
|
$4.96 Billion |
|
Dyno Nobel Ltd
AU:DNL
|
$4.95 Billion |
|
COWAY Co. Ltd
KO:021240
|
$4.94 Billion |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212
|
$4.94 Billion |
|
ChampionX Corporation
NASDAQ:CHX
|
$4.94 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 2024 to 2025, total equity changed from 1,232,294,000 to 1,336,069,000, a change of 103,775,000 (8.4%).
- Net income of 748,014,000 contributed positively to equity growth.
- Dividend payments of 649,230,000 reduced retained earnings.
- Other comprehensive income decreased equity by 53,742,000.
- Other factors increased equity by 58,733,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł748.01 Million | +55.99% |
| Dividends Paid | zł649.23 Million | -48.59% |
| Other Comprehensive Income | zł-53.74 Million | -4.02% |
| Other Changes | zł58.73 Million | +4.4% |
| Total Change | zł- | 8.42% |
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: 13.46x
- 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 34.36x to 13.46x 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 | zł704.20 | x |
| 2007-12-31 | zł21.00 | zł704.20 | x |
| 2008-12-31 | zł25.25 | zł704.20 | x |
| 2009-12-31 | zł22.96 | zł704.20 | x |
| 2010-12-31 | zł26.65 | zł704.20 | x |
| 2011-12-31 | zł27.85 | zł704.20 | x |
| 2012-12-31 | zł16.97 | zł704.20 | x |
| 2013-12-31 | zł24.53 | zł704.20 | x |
| 2014-12-31 | zł20.34 | zł704.20 | x |
| 2015-12-31 | zł23.47 | zł704.20 | x |
| 2016-12-31 | zł31.39 | zł704.20 | x |
| 2017-12-31 | zł34.53 | zł704.20 | x |
| 2018-12-31 | zł29.12 | zł704.20 | x |
| 2019-12-31 | zł31.65 | zł704.20 | x |
| 2020-12-31 | zł45.02 | zł704.20 | x |
| 2021-12-31 | zł51.67 | zł704.20 | x |
| 2022-12-31 | zł49.29 | zł704.20 | x |
| 2023-12-31 | zł59.96 | zł704.20 | x |
| 2024-12-31 | zł48.27 | zł704.20 | x |
| 2025-12-31 | zł52.33 | zł704.20 | 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): 55.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.93%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 6.10x
- Recent ROE (55.99%) is above the historical average (36.88%), 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 |
| 2025 | 55.99% | 7.93% | 1.16x | 6.10x | zł614.41 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: $184,151,171
- Average return on equity (ROE) among peers: 7.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Budimex S.A. (BDX) | zł1.48 Billion | 0.74% | 4.45x | $4.95 Billion |
| Atrem S.A. (ATR) | $31.99 Million | 7.24% | 1.52x | $131.84 Million |
| Dekpol SA (DEK) | $387.27 Million | 19.57% | 2.50x | $131.19 Million |
| Energoaparatura S.A. (ENP) | $16.45 Million | 6.31% | 0.64x | $16.25 Million |
| Erbud SA (ERB) | $285.86 Million | 7.89% | 2.30x | $76.99 Million |
| INSTAL KRAKÓW SA (INK) | $202.22 Million | 4.84% | 0.98x | $68.37 Million |
| Interbud-Lublin SA (ITB) | $-6.24 Million | 0.00% | 0.00x | $2.60 Million |
| Mirbud SA (MRB) | $461.61 Million | 12.61% | 2.33x | $356.02 Million |
| MOSTOSTAL Płock SA (MSP) | $74.01 Million | 3.56% | 0.39x | $6.50 Million |
| Mostostal Warszawa S.A. (MSW) | $204.19 Million | 4.71% | 1.43x | $20.37 Million |
About 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