Budimex SA

WSE:BDX Stock Report

Market Cap: zł12.4b

Budimex Management

Management criteria checks 4/4

Budimex's CEO is Artur Popko, appointed in May 2021, has a tenure of 3.67 years. total yearly compensation is PLN4.37M, comprised of 36.2% salary and 63.8% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth PLN970.98K. The average tenure of the management team and the board of directors is 2.8 years and 5.7 years respectively.

Key information

Artur Popko

Chief executive officer

zł4.4m

Total compensation

CEO salary percentage36.2%
CEO tenure3.7yrs
CEO ownership0.008%
Management average tenure2.8yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Budimex (WSE:BDX) Has A Rock Solid Balance Sheet

Dec 15
Budimex (WSE:BDX) Has A Rock Solid Balance Sheet

There's Reason For Concern Over Budimex SA's (WSE:BDX) Price

Nov 23
There's Reason For Concern Over Budimex SA's (WSE:BDX) Price

Budimex SA (WSE:BDX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 02
Budimex SA (WSE:BDX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Budimex SA (WSE:BDX) Investors Are Less Pessimistic Than Expected

Aug 24
Budimex SA (WSE:BDX) Investors Are Less Pessimistic Than Expected

Calculating The Fair Value Of Budimex SA (WSE:BDX)

Aug 02
Calculating The Fair Value Of Budimex SA (WSE:BDX)

Is Budimex (WSE:BDX) A Risky Investment?

Jul 12
Is Budimex (WSE:BDX) A Risky Investment?

Budimex's (WSE:BDX) Dividend Will Be Increased To PLN35.69

May 25
Budimex's (WSE:BDX) Dividend Will Be Increased To PLN35.69

What Budimex SA's (WSE:BDX) P/E Is Not Telling You

May 08
What Budimex SA's (WSE:BDX) P/E Is Not Telling You

Does Budimex (WSE:BDX) Have A Healthy Balance Sheet?

Mar 25
Does Budimex (WSE:BDX) Have A Healthy Balance Sheet?

Some Confidence Is Lacking In Budimex SA's (WSE:BDX) P/E

Jan 03
Some Confidence Is Lacking In Budimex SA's (WSE:BDX) P/E

Budimex (WSE:BDX) Has A Rock Solid Balance Sheet

Dec 07
Budimex (WSE:BDX) Has A Rock Solid Balance Sheet

We Think Budimex (WSE:BDX) Can Manage Its Debt With Ease

Sep 08
We Think Budimex (WSE:BDX) Can Manage Its Debt With Ease

A Look At The Fair Value Of Budimex SA (WSE:BDX)

Aug 12
A Look At The Fair Value Of Budimex SA (WSE:BDX)

Budimex's (WSE:BDX) Shareholders Will Receive A Smaller Dividend Than Last Year

May 20
Budimex's (WSE:BDX) Shareholders Will Receive A Smaller Dividend Than Last Year

Is Budimex (WSE:BDX) Using Too Much Debt?

May 01
Is Budimex (WSE:BDX) Using Too Much Debt?

Budimex SA (WSE:BDX) Shares Could Be 31% Above Their Intrinsic Value Estimate

Mar 01
Budimex SA (WSE:BDX) Shares Could Be 31% Above Their Intrinsic Value Estimate

Here's Why Budimex (WSE:BDX) Can Manage Its Debt Responsibly

Jan 20
Here's Why Budimex (WSE:BDX) Can Manage Its Debt Responsibly

Here's Why Budimex (WSE:BDX) Can Manage Its Debt Responsibly

Oct 07
Here's Why Budimex (WSE:BDX) Can Manage Its Debt Responsibly

A Look At The Fair Value Of Budimex SA (WSE:BDX)

Sep 14
A Look At The Fair Value Of Budimex SA (WSE:BDX)

These 4 Measures Indicate That Budimex (WSE:BDX) Is Using Debt Safely

Jun 21
These 4 Measures Indicate That Budimex (WSE:BDX) Is Using Debt Safely

Budimex's (WSE:BDX) Upcoming Dividend Will Be Larger Than Last Year's

May 21
Budimex's (WSE:BDX) Upcoming Dividend Will Be Larger Than Last Year's

Is There An Opportunity With Budimex SA's (WSE:BDX) 42% Undervaluation?

Apr 30
Is There An Opportunity With Budimex SA's (WSE:BDX) 42% Undervaluation?

Calculating The Intrinsic Value Of Budimex SA (WSE:BDX)

Jan 24
Calculating The Intrinsic Value Of Budimex SA (WSE:BDX)

Is Budimex (WSE:BDX) Using Too Much Debt?

Jan 03
Is Budimex (WSE:BDX) Using Too Much Debt?

Budimex SA's (WSE:BDX) Intrinsic Value Is Potentially 25% Above Its Share Price

Oct 24
Budimex SA's (WSE:BDX) Intrinsic Value Is Potentially 25% Above Its Share Price

We Think Budimex (WSE:BDX) Can Manage Its Debt With Ease

Sep 15
We Think Budimex (WSE:BDX) Can Manage Its Debt With Ease

With EPS Growth And More, Budimex (WSE:BDX) Is Interesting

Jul 01
With EPS Growth And More, Budimex (WSE:BDX) Is Interesting

These 4 Measures Indicate That Budimex (WSE:BDX) Is Using Debt Safely

May 15
These 4 Measures Indicate That Budimex (WSE:BDX) Is Using Debt Safely

A Look At The Fair Value Of Budimex SA (WSE:BDX)

Apr 30
A Look At The Fair Value Of Budimex SA (WSE:BDX)

Is Budimex SA (WSE:BDX) A Smart Pick For Income Investors?

Mar 12
Is Budimex SA (WSE:BDX) A Smart Pick For Income Investors?

What Is The Ownership Structure Like For Budimex SA (WSE:BDX)?

Feb 21
What Is The Ownership Structure Like For Budimex SA (WSE:BDX)?

What Do The Returns On Capital At Budimex (WSE:BDX) Tell Us?

Feb 07
What Do The Returns On Capital At Budimex (WSE:BDX) Tell Us?

Is Budimex (WSE:BDX) Using Too Much Debt?

Jan 23
Is Budimex (WSE:BDX) Using Too Much Debt?

CEO Compensation Analysis

How has Artur Popko's remuneration changed compared to Budimex's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

zł735m

Jun 30 2024n/an/a

zł740m

Mar 31 2024n/an/a

zł751m

Dec 31 2023zł4mzł2m

zł738m

Sep 30 2023n/an/a

zł626m

Jun 30 2023n/an/a

zł608m

Mar 31 2023n/an/a

zł584m

Dec 31 2022zł4mzł2m

zł534m

Sep 30 2022n/an/a

zł508m

Jun 30 2022n/an/a

zł452m

Mar 31 2022n/an/a

zł465m

Dec 31 2021zł3mzł149k

zł451m

Sep 30 2021n/an/a

zł444m

Jun 30 2021n/an/a

zł442m

Mar 31 2021n/an/a

zł316m

Dec 31 2020zł3mzł2m

zł302m

Sep 30 2020n/an/a

zł248m

Jun 30 2020n/an/a

zł215m

Mar 31 2020n/an/a

zł226m

Dec 31 2019zł2mzł2m

zł226m

Sep 30 2019n/an/a

zł212m

Jun 30 2019n/an/a

zł249m

Mar 31 2019n/an/a

zł271m

Dec 31 2018zł2mzł2m

zł305m

Compensation vs Market: Artur's total compensation ($USD1.08M) is about average for companies of similar size in the Polish market ($USD905.01K).

Compensation vs Earnings: Artur's compensation has been consistent with company performance over the past year.

CEO

Artur Popko

3.7yrs

Tenure

zł4,372,000

Compensation

Mr. Artur Popko serves as Chief Executive Officer and President of the Management Board at Budimex SA since May 20, 2021 and also serves as its Director General. Mr. Popko served as the Vice President of t...

Leadership Team

NamePositionTenureCompensationOwnership
Artur Popko
CEO, Director General & President of the Management Board3.7yrszł4.37m0.0080%
PLN 984.0k
Marcin Weglowski
Director of the Economic & Financial Division and Management Board Member24yrszł1.76m0.011%
PLN 1.4m
Jacek Daniewski
Director of the Legal & Organizational Division and Member of – Management Board17.8yrszł1.76mno data
Anna Karys-Sosinska
Director of Human Resources Division & Management Board Member2yrszł1.08m0.0047%
PLN 581.0k
Cezary Lysenko
COO of Infrastructure and Member of the Management Board2yrszł2.07mno data
Maciej Olek
COO of Railway2yrszł2.48mno data
Igor Chalupec
Secretary of the Board & Member of the Supervisory Boardno datazł231.00kno data
Grzegorz Fafara
Chief Accountantno datano datano data
Ewelina Karp-Kreglicka
Director of the ESGno datano datano data

2.8yrs

Average Tenure

Experienced Management: BDX's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Igor Chalupec
Secretary of the Board & Member of the Supervisory Board18yrszł231.00kno data
Janusz Dedo
Independent Member of the Supervisory Boardno datazł245.00kno data
Marek Michalowski
Chairman of Supervisory Board15.3yrszł341.00k0.016%
PLN 1.9m
Artur Kucharski
Member of the Supervisory Board4.6yrszł195.00kno data
Iñaki García Bilbao
Independent Member of Supervisory Boardno datazł231.00kno data
Danuta Dabrowska
Independent Member of Supervisory Board5.7yrszł266.00kno data
Juan Gaston Najarro
Vice Chairman of Supervisory Board6.1yrszł195.00kno data
Mario Manuel Montoya
Member of the Supervisory Board2.7yrszł194.00kno data
Silvia Hueso
Member of the Supervisory Board1.8yrszł160.00kno data

5.7yrs

Average Tenure

Experienced Board: BDX's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 19:08
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Budimex SA is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rafal WiatrCitigroup Inc
Tomasz KrukowskiDeutsche Bank
Marek StraszakDom Maklerski Banku BPS S.A.