BIT:WBD

Stock Analysis Report

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Executive Summary

Webuild S.p.A. engages in construction activities worldwide. More Details


Snowflake Analysis

High growth potential and fair value.


Similar Companies

Share Price & News

How has Webuild's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WBD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-9.1%

WBD

-4.4%

IT Construction

1.6%

IT Market


1 Year Return

-50.4%

WBD

-45.8%

IT Construction

-14.4%

IT Market

Return vs Industry: WBD underperformed the Italian Construction industry which returned -44.3% over the past year.

Return vs Market: WBD underperformed the Italian Market which returned -15.8% over the past year.


Shareholder returns

WBDIndustryMarket
7 Day-9.1%-4.4%1.6%
30 Day-9.6%-9.8%-2.4%
90 Day-28.8%-22.7%-1.0%
1 Year-49.2%-50.4%-45.2%-45.8%-12.3%-14.4%
3 Year-68.3%-69.7%-69.5%-20.3%-12.5%-20.4%
5 Year-70.0%-72.2%11.2%-6.5%-5.0%-26.6%

Price Volatility Vs. Market

How volatile is Webuild's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Webuild undervalued compared to its fair value and its price relative to the market?

48.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WBD (€0.99) is trading below our estimate of fair value (€1.94)

Significantly Below Fair Value: WBD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WBD is unprofitable, so we can't compare its PE Ratio to the XE Construction industry average.

PE vs Market: WBD is unprofitable, so we can't compare its PE Ratio to the Italian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate WBD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: WBD is good value based on its PB Ratio (0.7x) compared to the IT Construction industry average (1.1x).


Next Steps

Future Growth

How is Webuild forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

170.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WBD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: WBD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: WBD's is expected to become profitable in the next 3 years.

Revenue vs Market: WBD's revenue (21.9% per year) is forecast to grow faster than the Italian market (3.5% per year).

High Growth Revenue: WBD's revenue (21.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WBD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Webuild performed over the past 5 years?

-55.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WBD is currently unprofitable.

Growing Profit Margin: WBD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: WBD is unprofitable, and losses have increased over the past 5 years at a rate of 55% per year.

Accelerating Growth: Unable to compare WBD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: WBD is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (3.4%).


Return on Equity

High ROE: WBD has a negative Return on Equity (-12.39%), as it is currently unprofitable.


Next Steps

Financial Health

How is Webuild's financial position?


Financial Position Analysis

Short Term Liabilities: WBD's short term assets (€6.6B) exceed its short term liabilities (€5.5B).

Long Term Liabilities: WBD's short term assets (€6.6B) exceed its long term liabilities (€1.8B).


Debt to Equity History and Analysis

Debt Level: WBD's debt to equity ratio (210.8%) is considered high.

Reducing Debt: WBD's debt to equity ratio has increased from 120.2% to 210.8% over the past 5 years.

Debt Coverage: WBD's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: WBD is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Webuild current dividend yield, its reliability and sustainability?

3.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WBD's dividend (3.02%) is higher than the bottom 25% of dividend payers in the Italian market (1.65%).

High Dividend: WBD's dividend (3.02%) is low compared to the top 25% of dividend payers in the Italian market (5.43%).


Stability and Growth of Payments

Stable Dividend: WBD's dividend payments have been volatile in the past 10 years.

Growing Dividend: WBD's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: WBD is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.1yrs

Average management tenure


CEO

Pietro Salini (62 yo)

8.17yrs

Tenure

€8,920,733

Compensation

Dr. Pietro Salini serves as Chief Executive Officer and Managing Director at Todini Costruzioni Generali S.p.A. Dr. Salini serves as Chief Executive Officer and Managing Director at Salini Costruttori S.p. ...


CEO Compensation Analysis

Compensation vs Market: Pietro's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD1.39M).

Compensation vs Earnings: Pietro's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Pietro Salini
CEO & Director8.17yrs€8.92mno data
Massimo Ferrari
General Manager of Group Finance & Corporate7.08yrs€1.32mno data
Claudio Lautizi
General Manager of Global Operations1.67yrs€1.34mno data
Michele Longo
Group General Manager of Domestic Operations7.08yrs€867.51kno data
Alessandro Rosa
Director of Administrationno data€895.66kno data
Fabrizio Rossini
Head of Investor Relationsno datano datano data
Gian Grondona
Group HRno datano datano data

7.1yrs

Average Tenure

59yo

Average Age

Experienced Management: WBD's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pietro Salini
CEO & Director8.17yrs€8.92mno data
Mario Cattaneo
Independent Director8.17yrs€126.01kno data
Roberto Giovanni Cera
Director8.17yrs€61.35kno data
Nicola Greco
Independent Deputy Chairperson2.08yrs€89.51kno data
Franco Passacantando
Independent Director7yrs€112.68kno data
Laudomia Pucci di Barsento
Independent Director8.17yrs€77.18kno data
Giuseppina Capaldo
Independent Director8.25yrs€122.47kno data
Alessandro Salini
Director4.42yrsno datano data
Giacinto Sarubbi
Chairperson of Board of Statutory Auditorsno datano datano data
Ferdinando Parente
Independent Director2.42yrsno datano data
Grazia Volo
Director4.5yrsno datano data
Donato Iacovone
Chairman0.75yrno datano data

7.0yrs

Average Tenure

62yo

Average Age

Experienced Board: WBD's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 81.2%.


Top Shareholders

Company Information

Webuild S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Webuild S.p.A.
  • Ticker: WBD
  • Exchange: BIT
  • Founded:
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €892.070m
  • Shares outstanding: 892.46m
  • Website: https://www.webuildgroup.com

Number of Employees


Location

  • Webuild S.p.A.
  • Via dei Missaglia 97
  • Milan
  • Milan
  • 20142
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WBDRBIT (Borsa Italiana)Saving SharesITEURJan 1992
WBDBIT (Borsa Italiana)YesOrdinary SharesITEURJan 1992
0BJPLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
IPJ1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
WBDMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
0N4OLSE (London Stock Exchange)Saving SharesGBEURJan 1992
IMPJ.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

Webuild S.p.A. engages in construction activities worldwide. It designs and builds works and infrastructure for the mobility, hydroelectric energy, water, and green buildings sectors. The company also unde ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 20:56
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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 here.