Koninklijke BAM Groep nv

ENXTAM:BAMNB Stock Report

Market Cap: €3.2b

Koninklijke BAM Groep Past Earnings Performance

Past criteria checks 6/6

Koninklijke BAM Groep has been growing earnings at an average annual rate of 44.1%, while the Construction industry saw earnings growing at 19% annually. Revenues have been declining at an average rate of 2% per year. Koninklijke BAM Groep's return on equity is 22%, and it has net margins of 3%.

Key information

44.12%

Earnings growth rate

44.57%

EPS growth rate

Construction Industry Growth8.15%
Revenue growth rate-1.99%
Return on equity22.01%
Net Margin3.00%
Next Earnings Update30 Jul 2026

Recent past performance updates

Analysis Article Aug 01

We Think You Can Look Beyond Koninklijke BAM Groep's (AMS:BAMNB) Lackluster Earnings

Soft earnings didn't appear to concern Koninklijke BAM Groep nv's ( AMS:BAMNB ) shareholders over the last week. Our...

Recent updates

Narrative Update Jun 22

BAMNB: Future Returns Will Depend On Sustaining Earnings Momentum Despite Rich Pricing

Analysts have raised their price target for Koninklijke BAM Groep to €13.50 from a lower prior level. This change reflects updated assumptions around discount rates, earnings expectations and P/E multiples, supported by what they describe as strong earnings momentum for the company.
Narrative Update Jun 05

BAMNB: Future Returns Will Rely On Dividend Strength And Earnings Momentum

The analyst fair value estimate for Koninklijke BAM Groep has moved from €9.48 to €11.23, reflecting updated expectations for earnings momentum that align with the recent upgrade to Outperform and a €13.50 price target from street analysts. What's in the News Koninklijke BAM Groep announced an annual dividend of €0.30 per share, scheduled to be paid on June 5, 2026.
New Narrative May 29

Energy Infrastructure And Housing Constraints Will Limit Future Earnings Momentum

Catalysts About Koninklijke BAM Groep Koninklijke BAM Groep is a construction and civil engineering company active in the Netherlands, the U.K., Ireland and Belgium, with projects in areas such as residential property, infrastructure, and energy-related works. What are the underlying business or industry changes driving this perspective?
New Narrative May 14

Energy Transition Infrastructure And Housing Demand Will Support Stronger Prospects For This Constructor

Catalysts About Koninklijke BAM Groep Koninklijke BAM Groep is a construction and civil engineering company focused on infrastructure, residential and non residential projects in core markets including the Netherlands, the U.K., Ireland and Belgium. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 27

BAMNB: Stable Outlook Will Rely On Dividend Payout And Steady Assumptions

Analysts have kept their price target for Koninklijke BAM Groep steady at about €9.48, pointing to only marginal tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions that leave their overall view largely unchanged. What's in the News Koninklijke BAM Groep announced an annual dividend of €0.30 per share, giving income focused investors a clear figure for expected cash payouts.
Narrative Update Apr 12

BAMNB: Stable Assumptions And Fair Value Will Guide Future Upside Potential

Analysts have kept their price target for Koninklijke BAM Groep broadly unchanged at around €9.48, reflecting only minor tweaks to inputs such as the discount rate, long term revenue growth, profit margin and forward P/E assumptions. Valuation Changes Fair Value: €9.48 fair value estimate remains unchanged.
Narrative Update Mar 29

BAMNB: Stronger Revenue Outlook Will Support Future Upside Potential

Analysts have lifted their price target for Koninklijke BAM Groep slightly to €9.48 from €9.40, reflecting updated assumptions on revenue growth, profit margins and the forward P/E multiple. Valuation Changes Fair Value: nudged up slightly from €9.40 to €9.48, reflecting minor adjustments to key assumptions.
Narrative Update Mar 12

BAMNB: Stable Risk Profile Will Support Steady Outlook And Fair Pricing

Analysts have kept their price target for Koninklijke BAM Groep steady around €9.40, with only minor adjustments to inputs like the discount rate and future P/E assumption to reflect updated views on risk and earnings quality. Valuation Changes Fair Value: €9.40 remains unchanged, with no adjustment to the central valuation estimate.
Narrative Update Feb 26

BAMNB: Updated Assumptions Will Support Stable Outlook With Slightly Higher Returns

Analysts have raised their price target for Koninklijke BAM Groep to €9.40, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E, while maintaining their fair value estimate at €9.40. Valuation Changes Fair Value: Unchanged at €9.40 per share, indicating the updated assumptions collectively leave the overall valuation level steady.
Narrative Update Feb 10

BAMNB: Updated Assumptions Will Support A Measured And Balanced Outlook

Analysts have adjusted their price target for Koninklijke BAM Groep to €9.40, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E. Their view of fair value remains unchanged at €9.40.
Narrative Update Jan 26

BAMNB: Index Inclusion And Tweaked Assumptions Will Guide Balanced Future Outlook

Analysts now see fair value for Koninklijke BAM Groep at €9.40 per share, up from €8.83. This reflects updated views on discount rates, modestly adjusted revenue growth, slightly higher profit margin assumptions and a revised future P/E estimate.
Narrative Update Jan 12

BAMNB: Index Inclusion And Steady Assumptions Will Shape Balanced Outlook

Analysts have made only a very slight adjustment to their price target for Koninklijke BAM Groep, keeping fair value unchanged at €8.83 while fine tuning discount rate and future P/E assumptions. This signals that their overall view on the shares is broadly steady.
Analysis Article Dec 23

Earnings Tell The Story For Koninklijke BAM Groep nv (AMS:BAMNB)

Koninklijke BAM Groep nv's ( AMS:BAMNB ) price-to-earnings (or "P/E") ratio of 22.4x might make it look like a sell...
Narrative Update Dec 15

BAMNB: Index Inclusion And Stable Outlook Will Support Balanced Future Prospects

Narrative Update Analysts have nudged their price target for Koninklijke BAM Groep slightly higher to €8.83, reflecting marginally lower discount rate assumptions and a marginally cheaper implied future P/E, while leaving core growth and profitability expectations broadly unchanged. What's in the News Koninklijke BAM Groep has been added to the Euronext 150 Index, signaling increased visibility among large, liquid European stocks (Index Constituent Adds).
Narrative Update Nov 27

BAMNB: Share Buyback Completion and Index Addition Will Support Steady Outlook

Koninklijke BAM Groep's analyst price target remains unchanged at €8.83, as analysts cite broadly stable financial projections and only minor changes in discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Koninklijke BAM Groep nv has been added to the Euronext 150 Index (Key Developments) Between July 1, 2025 and August 29, 2025, the company repurchased 3,388,663 shares, representing 1.3% of the total, for €26.02 million (Key Developments) The company has now completed the repurchase of 6,788,663 shares, representing 2.59% of the total, for €50 million under the buyback announced on February 13, 2025 (Key Developments) Valuation Changes Consensus Analyst Price Target remains unchanged at €8.83 per share.
Narrative Update Nov 11

BAMNB: Share Buyback and Index Addition Set to Boost Momentum

Analysts have modestly adjusted their price target for Koninklijke BAM Groep to €8.83. This reflects incremental changes in expectations for discount rate, revenue growth, and profit margin.
Narrative Update Oct 28

Share Buyback Completion and Higher Earnings Multiple Will Drive Ongoing Momentum

Analysts have raised their price target for Koninklijke BAM Groep to €8.83 from €8.25. They cite increased revenue growth expectations, even though there has been a slight reduction in profit margin projections.
Analysis Article Aug 22

Fewer Investors Than Expected Jumping On Koninklijke BAM Groep nv (AMS:BAMNB)

It's not a stretch to say that Koninklijke BAM Groep nv's ( AMS:BAMNB ) price-to-earnings (or "P/E") ratio of 19x right...
Narrative Update Aug 08

Rising Compliance Costs Will Test European Infrastructure Yet Robust Orders Will Sustain Momentum

The upward revision of consensus analyst price target for Koninklijke BAM Groep is primarily driven by improved revenue growth forecasts and a higher expected future P/E, resulting in a fair value increase from €6.70 to €8.25. What's in the News Completed repurchase of 3,400,000 shares (1.29% of share capital) for €23.98 million under the buyback program.
Analysis Article Aug 01

We Think You Can Look Beyond Koninklijke BAM Groep's (AMS:BAMNB) Lackluster Earnings

Soft earnings didn't appear to concern Koninklijke BAM Groep nv's ( AMS:BAMNB ) shareholders over the last week. Our...
Analysis Article Jul 18

What Does Koninklijke BAM Groep nv's (AMS:BAMNB) Share Price Indicate?

Koninklijke BAM Groep nv ( AMS:BAMNB ), might not be a large cap stock, but it saw a significant share price rise of...
Analysis Article May 30

Is Koninklijke BAM Groep (AMS:BAMNB) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 04

Why Investors Shouldn't Be Surprised By Koninklijke BAM Groep nv's (AMS:BAMNB) 30% Share Price Surge

Koninklijke BAM Groep nv ( AMS:BAMNB ) shares have continued their recent momentum with a 30% gain in the last month...
Analysis Article May 02

We Take A Look At Why Koninklijke BAM Groep nv's (AMS:BAMNB) CEO Compensation Is Well Earned

Key Insights Koninklijke BAM Groep to hold its Annual General Meeting on 8th of May CEO Ruud Joosten's total...
Analysis Article Apr 18

Why Koninklijke BAM Groep nv (AMS:BAMNB) Could Be Worth Watching

Koninklijke BAM Groep nv ( AMS:BAMNB ), is not the largest company out there, but it saw a significant share price rise...
Analysis Article Feb 28

Why Investors Shouldn't Be Surprised By Koninklijke BAM Groep nv's (AMS:BAMNB) 27% Share Price Surge

Koninklijke BAM Groep nv ( AMS:BAMNB ) shareholders have had their patience rewarded with a 27% share price jump in the...
User avatar
New Narrative Feb 23

Investments In Sustainable Technologies Will Position Firm For Future Success

Strategic focus on energy transition and infrastructure projects is expected to drive long-term growth by leveraging government investment plans.
Analysis Article Jan 12

Should You Think About Buying Koninklijke BAM Groep nv (AMS:BAMNB) Now?

Koninklijke BAM Groep nv ( AMS:BAMNB ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Dec 22

Is Koninklijke BAM Groep (AMS:BAMNB) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Oct 10

Koninklijke BAM Groep nv's (AMS:BAMNB) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Koninklijke BAM Groep nv ( AMS:BAMNB ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Sep 30

At €4.10, Is Koninklijke BAM Groep nv (AMS:BAMNB) Worth Looking At Closely?

Koninklijke BAM Groep nv ( AMS:BAMNB ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article Sep 08

We Think Koninklijke BAM Groep (AMS:BAMNB) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 20

Koninklijke BAM Groep nv's (AMS:BAMNB) Shares Lagging The Market But So Is The Business

Koninklijke BAM Groep nv's ( AMS:BAMNB ) price-to-earnings (or "P/E") ratio of 6.4x might make it look like a strong...
Analysis Article Jun 27

Estimating The Intrinsic Value Of Koninklijke BAM Groep nv (AMS:BAMNB)

Key Insights Using the Dividend Discount Model, Koninklijke BAM Groep fair value estimate is €4.57 Koninklijke BAM...
Analysis Article May 27

What Does Koninklijke BAM Groep nv's (AMS:BAMNB) Share Price Indicate?

Koninklijke BAM Groep nv ( AMS:BAMNB ), might not be a large cap stock, but it led the ENXTAM gainers with a relatively...
Analysis Article Apr 04

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Koninklijke BAM Groep nv's (AMS:BAMNB) CEO For Now

Key Insights Koninklijke BAM Groep will host its Annual General Meeting on 10th of April Total pay for CEO Ruud Joosten...
Analysis Article Mar 30

Earnings Working Against Koninklijke BAM Groep nv's (AMS:BAMNB) Share Price

With a price-to-earnings (or "P/E") ratio of 5.4x Koninklijke BAM Groep nv ( AMS:BAMNB ) may be sending very bullish...
Analysis Article Feb 16

Estimating The Intrinsic Value Of Koninklijke BAM Groep nv (AMS:BAMNB)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Koninklijke BAM Groep fair value estimate is €3.63 With €3.03...
Analysis Article Apr 06

We Take A Look At Why Koninklijke BAM Groep nv's (AMS:BAMNB) CEO Has Earned Their Pay Packet

Key Insights Koninklijke BAM Groep's Annual General Meeting to take place on 12th of April Total pay for CEO Ruud...
Analysis Article Jan 05

What Does Koninklijke BAM Groep nv's (AMS:BAMNB) Share Price Indicate?

Koninklijke BAM Groep nv ( AMS:BAMNB ), is not the largest company out there, but it led the ENXTAM gainers with a...
Analysis Article Sep 13

Here's Why We Think Koninklijke BAM Groep (AMS:BAMNB) Is Well Worth Watching

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Revenue & Expenses Breakdown

How Koninklijke BAM Groep makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ENXTAM:BAMNB Revenue, expenses and earnings (EUR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 257,0402111,3160
30 Jun 256,6861091,2640
31 Mar 256,570851,2410
31 Dec 246,455621,2170
30 Jun 246,4511701,1560
31 Mar 246,3611721,1500
31 Dec 236,2701751,1440
30 Sep 236,2641651,1360
30 Jun 236,2581541,1270
31 Mar 236,4381671,1580
31 Dec 226,6181801,1890
30 Sep 226,8171321,6130
30 Jun 227,015842,0370
31 Mar 227,165511,7110
31 Dec 217,315181,3840
30 Sep 217,315121,3810
30 Jun 217,31571,3780
31 Mar 217,042-1321,3780
31 Dec 206,768-2721,3780
30 Jun 206,803-2201,3780
31 Mar 206,990-1171,3780
31 Dec 197,176-131,3780
30 Sep 197,317-311,3560
30 Jun 197,425-731,3230
31 Mar 197,317-251,3230
31 Dec 187,208241,3230
30 Sep 186,934111,2980
30 Jun 186,660-11,2730
31 Mar 186,598-71,2730
31 Dec 176,535-141,2730
30 Sep 176,609161,2810
30 Jun 176,684451,2900
31 Mar 176,830461,2900
31 Dec 166,976471,2900
30 Sep 167,144431,3150
30 Jun 167,313381,3400
31 Mar 167,368241,3400
31 Dec 157,423101,3400
30 Sep 157,435-431,3900
30 Jun 157,447-971,4400

Quality Earnings: BAMNB has high quality earnings.

Growing Profit Margin: BAMNB's current net profit margins (3%) are higher than last year (1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BAMNB has become profitable over the past 5 years, growing earnings by 44.1% per year.

Accelerating Growth: BAMNB's earnings growth over the past year (239.3%) exceeds its 5-year average (44.1% per year).

Earnings vs Industry: BAMNB earnings growth over the past year (239.3%) exceeded the Construction industry 17%.


Return on Equity

High ROE: BAMNB's Return on Equity (22%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/28 16:32
End of Day Share Price 2026/06/26 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Koninklijke BAM Groep nv is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Philippe LorrainBernstein
Luuk Van BeekDegroof Petercam
Will WymanGoldman Sachs