WBD Stock Analysis: Webuild S.p.A. | MI
Engineering & Construction | MI, Italy | Market Cap: 1.959m EUR | 12M Return: -43.2% | IT0003865570 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.90M
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Webuild S.p.A. is an Italy-based construction and engineering company headquartered in Lombardia that operates globally. It designs and builds large-scale infrastructure across multiple segments, including mobility (roads, motorways, metros, railways, bridges, viaducts, ports, tunnels, and sea works), hydroenergy (dams, hydropower plants, and pumped storage facilities), water (desalination, water treatment plants, and irrigation reservoirs), and buildings (civil, industrial, airports, stadiums, and hospitals). The company is also active in green building projects.
As a player in the global Construction & Engineering sub-industry, Webuild operates on a project-based business model, typically securing large, multi-year contracts from public sector clients and concession holders. Companies in this segment often derive a significant portion of revenue from international markets, and their order books tend to reflect long-term infrastructure spending cycles rather than short-term consumer demand.
- Italys PNRR infrastructure spending fuels order backlog growth
- Middle East mega-project wins drive revenue diversification
- Legacy project cost overruns continue pressuring operating margins
| Net Income: 242.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 6.09 > 1.0 |
| NWC/Revenue: 5.65% < 20% (prev 4.28%; Δ 1.38% < -1%) |
| CFO/TA 0.05 > 3% & CFO 929.6m > Net Income 242.1m |
| Net Debt (1.12b) to EBITDA (352.0m): 3.17 < 3 |
| Current Ratio: 1.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.02b) vs 12m ago 3.27% < -2% |
| Gross Margin: 21.93% > 18% (prev 29.05%; Δ -7.12% > 0.5%) |
| Asset Turnover: 68.93% > 50% (prev 68.83%; Δ 0.10% > 0%) |
| Interest Coverage Ratio: -0.30 > 6 (EBIT TTM -148.8m / Interest Expense TTM 493.7m) |
| A: 0.04 (Total Current Assets 14.5b - Total Current Liabilities 13.8b) / Total Assets 18.4b |
| B: 0.05 (Retained Earnings 836.0m / Total Assets 18.4b) |
| C: -0.01 (EBIT TTM -148.8m / Avg Total Assets 18.0b) |
| D: 0.11 (Book Value of Equity 1.76b / Total Liabilities 16.6b) |
| Altman-Z'' = 0.45 = B |
| DSRI: 0.70 (Receivables 6.40b/8.86b, Revenue 12.4b/12.1b) |
| GMI: 1.32 (GM 29.05% / 21.93%) |
| AQI: 0.98 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.03 (Revenue 12.4b / 12.1b) |
| TATA: -0.04 (NI 242.1m - CFO 929.6m) / TA 18.4b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at EUR 1.92 with a total of 3,918,408 shares traded. Over the past week, the price has changed by -0.83%, over one month by -13.35%, over three months by -19.54% and over the past year by -43.16%.
Current recommended Stop Loss: 1.80 (which is 6.2% or 1.7 ATR below the current price).
Webuild S.p.A. has no consensus analysts rating.
P/E Trailing = 7.924
P/E Forward = 1666.6667
P/S = 0.1577
P/B = 1.0874
P/EG = 0.4056
Revenue TTM = 12.4b EUR
EBIT TTM = -148.8m EUR
EBITDA TTM = 352.0m EUR
Long Term Debt = 2.49b EUR (from longTermDebt, last quarter)
Short Term Debt = 757.2m EUR (from shortTermDebt, last quarter)
Debt = 3.48b EUR (from shortLongTermDebtTotal, last quarter) + Leases 156.7m
Net Debt = 1.12b EUR (calculated: Debt 3.48b - CCE 2.37b)
Enterprise Value = 3.08b EUR (1.96b + Debt 3.48b - CCE 2.37b)
Interest Coverage Ratio = -0.30 (Ebit TTM -148.8m / Interest Expense TTM 493.7m)
EV/FCF = 11.71x (Enterprise Value 3.08b / FCF TTM 262.8m)
FCF Yield = 8.54% (FCF TTM 262.8m / Enterprise Value 3.08b)
FCF Margin = 2.12% (FCF TTM 262.8m / Revenue TTM 12.4b)
Net Margin = 1.95% (Net Income TTM 242.1m / Revenue TTM 12.4b)
Gross Margin = 21.93% ((Revenue TTM 12.4b - Cost of Revenue TTM 9.70b) / Revenue TTM)
Gross Margin QoQ = 21.13% (prev 22.66%)
Tobins Q-Ratio = 0.17 (Enterprise Value 3.08b / Total Assets 18.4b)
Interest Expense / Debt = 14.17% (Interest Expense 493.7m / Debt 3.48b)
Taxrate = 47.22% (196.4m / 415.8m)
NOPAT = -78.5m (EBIT -148.8m * (1 - 47.22%)) [loss with tax shield]
Current Ratio = 1.05 (Total Current Assets 14.5b / Total Current Liabilities 13.8b)
Debt / Equity = 1.98 (Debt 3.48b / totalStockholderEquity, last quarter 1.76b)
Debt / EBITDA = 3.17 (Net Debt 1.12b / EBITDA 352.0m)
Debt / FCF = 4.25 (Net Debt 1.12b / FCF TTM 262.8m)
Total Stockholder Equity = 1.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.34% (Net Income 242.1m / Total Assets 18.4b)
RoE = 14.40% (Net Income TTM 242.1m / Total Stockholder Equity 1.68b)
RoCE = -3.56% (EBIT -148.8m / Capital Employed (Equity 1.68b + L.T.Debt 2.49b))
RoIC = -1.63% (negative operating profit) (NOPAT -78.5m / Invested Capital 4.83b)
WACC = 8.34% (E(1.96b)/V(5.44b) * Re(9.86%) + D(3.48b)/V(5.44b) * Rd(14.17%) * (1-Tc(0.47)))
Discount Rate = 9.86% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 18.85 | Cagr: 0.56%
[DCF] Terminal Value 75.44% ; FCFF base≈262.8m ; Y1≈263.9m ; Y5≈279.5m
[DCF] Fair Price = 3.27 (EV 4.35b - Net Debt 1.12b = Equity 3.23b / Shares 987.2m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
Revenue Correlation: 89.24 | Revenue CAGR: 21.49% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.31 | Chg30d=+5.09% | Revisions=-50% | GrowthEPS=+8.8% | GrowthRev=+1.1%
EPS next Year (2027-12-31): EPS=0.36 | Chg30d=+1.74% | Revisions=+17% | GrowthEPS=+15.1% | GrowthRev=+2.1%
[Analyst] Revisions Ratio: -22% (up=2, down=4)