Balfour Beatty PLC
LSE:BBY

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Balfour Beatty PLC
LSE:BBY
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Price: 825 GBX -0.48%
Market Cap: £4B

EV/EBITDA

11.7
Current
91%
More Expensive
vs 3-y average of 6.1

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.7
=
Enterprise Value
GBX2.8B
/
EBITDA
£260m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.7
=
Enterprise Value
GBX2.8B
/
EBITDA
£260m

Valuation Scenarios

Balfour Beatty PLC is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (6.1), the stock would be worth GBX432.69 (48% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-100%
Maximum Upside
No Upside Scenarios
Average Downside
73%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 11.7 GBX825
0%
3-Year Average 6.1 GBX432.69
-48%
5-Year Average 6.6 GBX464.01
-44%
Industry Average 0 GBX1
-100%
Country Average 0 GBX1.38
-100%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
GBX2.8B
/
Jan 2026
£260m
=
11.7
Current
GBX2.8B
/
Dec 2026
£410.5m
=
6.9
Forward
GBX2.8B
/
Dec 2027
£444.4m
=
6.4
Forward
GBX2.8B
/
Dec 2028
£470.7m
=
6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
UK
Balfour Beatty PLC
LSE:BBY
4.1B GBP 11.7 15.5
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 10.9 19.9
US
Quanta Services Inc
NYSE:PWR
94.7B USD 40.6 92.3
FR
Vinci SA
PAR:DG
72.9B EUR 6.5 14.5
US
Comfort Systems USA Inc
NYSE:FIX
62.4B USD 42.2 61
IN
Larsen & Toubro Ltd
NSE:LT
5.6T INR 20.4 33.9
IN
Larsen and Toubro Ltd
F:LTO
46.8B EUR 18.6 30.8
NL
Ferrovial SE
AEX:FER
43.2B EUR 34.1 48.7
ES
Ferrovial SA
MAD:FER
43.3B EUR 33.6 48.1
DE
Hochtief AG
XETRA:HOT
35.2B EUR 12.7 38.1
US
EMCOR Group Inc
NYSE:EME
38.9B USD 21.5 30.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Balfour Beatty PLC
LSE:BBY
Average EV/EBITDA: 23
11.7
22%
0.5
JP
Sumitomo Densetsu Co Ltd
TSE:1949
10.9
N/A N/A
US
Quanta Services Inc
NYSE:PWR
40.6
22%
1.8
FR
Vinci SA
PAR:DG
6.5
5%
1.3
US
Comfort Systems USA Inc
NYSE:FIX
42.2
16%
2.6
IN
Larsen & Toubro Ltd
NSE:LT
20.4
18%
1.1
IN
Larsen and Toubro Ltd
F:LTO
18.6
18%
1
NL
Ferrovial SE
AEX:FER
34.1
10%
3.4
ES
Ferrovial SA
MAD:FER
33.6
10%
3.4
DE
H
Hochtief AG
XETRA:HOT
12.7
4%
3.2
US
EMCOR Group Inc
NYSE:EME
21.5
8%
2.7

Market Distribution

Higher than 95% of companies in United Kingdom
Percentile
95th
Based on 1 967 companies
95th percentile
11.7
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 743.2

Balfour Beatty PLC
Glance View

Market Cap
4B GBX
Industry
Construction

In the bustling world of global infrastructure, Balfour Beatty PLC stands as a formidable force, weaving its influence across continents with projects that shape the very fabric of cities and communities. Founded in 1909, this UK-based firm has evolved into an international leader in construction, engineering, and infrastructure management. At the heart of its operations lies a comprehensive approach to delivering large-scale projects, from designing and building to financing and operating critical infrastructure. With a diversified portfolio that spans transportation, utilities, and social infrastructure, Balfour Beatty capitalizes on its ability to manage the entire lifecycle of a project. This holistic approach not only ensures seamless execution but also enables the firm to maximize value through integrated solutions. Balfour Beatty's revenue streams are as diverse as the projects it undertakes. The construction services segment, which encompasses design, engineering, and construction management, generates substantial income by erecting complex structures such as bridges, highways, and airports. Simultaneously, its investments arm works to finance and develop new projects, allowing the company to leverage public-private partnerships to build and maintain essential infrastructure. Operations and maintenance, another key pillar of its business model, provide a steady flow of income as long-term contracts ensure ongoing asset management and facility upkeep. By aligning its capabilities with market needs, Balfour Beatty not only builds infrastructure but also crafts enduring relationships, underpinning its role as a cornerstone in the global construction landscape.

BBY Intrinsic Value
644.64 GBX
Overvaluation 22%
Intrinsic Value
Price GBX825
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