B

Budimex SA
WSE:BDX

Watchlist Manager
Budimex SA
WSE:BDX
Watchlist
Price: 608 PLN Market Closed
Market Cap: 15.5B PLN
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+13%
5Y
-60%
10Y
+0%
Investing Cash Flow
+
3Y
-166%
5Y
-4 556%
10Y
-379%
Financing Cash Flow
+
3Y
+38%
5Y
-192%
10Y
-292%

Cash Flow Statement
Budimex SA

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Cash Flow Statement
Currency: PLN
Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
46
59
61
12
1
13
1
(11)
7
8
12
17
12
12
3
8
14
32
76
106
140
157
167
194
224
239
279
314
332
324
324
317
327
132
52
35
203
197
231
210
331
343
354
362
243
236
267
274
297
315
345
407
511
552
572
618
580
554
500
464
403
368
348
313
332
315
377
470
622
680
1 365
1 297
1 191
1 168
557
632
649
729
744
775
930
942
939
927
840
816
810
805
Depreciation & Amortization
33
33
30
30
28
25
25
24
21
21
20
20
21
21
22
22
24
23
22
22
22
23
24
24
21
21
20
20
21
23
25
27
30
37
45
49
50
45
37
33
29
28
26
24
23
23
23
22
22
23
24
25
26
28
31
34
37
41
44
48
52
59
67
86
106
119
132
134
138
141
146
148
147
147
147
147
152
155
156
158
157
157
158
158
159
162
166
174
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Non-Cash Items
(75)
(85)
(126)
(99)
(109)
(150)
(100)
(112)
(76)
(47)
(49)
(9)
(28)
(26)
(41)
(15)
(34)
(55)
(45)
4
163
215
226
127
48
(56)
(42)
(16)
31
33
13
28
36
211
294
258
77
82
(2)
33
(158)
(147)
(157)
(154)
35
8
21
38
12
23
34
54
57
63
57
32
55
78
79
37
44
28
17
89
68
93
108
110
116
91
(523)
(541)
(457)
(465)
122
114
29
14
34
42
200
229
229
196
101
89
30
27
Cash Taxes Paid
0
7
0
21
0
30
27
19
6
7
17
15
17
25
20
22
21
35
36
32
37
96
99
104
101
114
111
106
101
178
177
178
198
31
31
24
5
12
20
28
59
73
66
86
63
77
89
80
83
135
111
117
120
112
125
129
155
105
75
54
55
45
89
74
50
49
131
158
314
326
302
323
309
337
345
349
186
201
146
138
231
291
274
259
206
167
141
177
Cash Interest Paid
4
4
3
3
3
3
2
2
2
3
3
4
7
7
7
7
6
6
7
7
7
9
9
8
7
10
12
11
8
4
1
1
2
3
4
5
4
3
2
2
2
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
3
3
4
4
4
7
9
11
13
14
13
14
12
11
10
7
7
6
7
8
9
10
11
10
12
13
13
14
15
15
15
15
Change in Working Capital
109
86
70
(19)
89
119
91
111
(2)
(61)
(180)
(127)
(83)
(13)
(41)
(68)
(18)
(107)
93
72
(72)
(231)
(177)
203
743
550
592
453
808
423
49
(8)
(42)
(102)
(103)
159
(374)
22
250
51
113
277
205
169
185
467
381
375
368
197
224
152
17
(482)
(688)
(700)
(477)
(528)
(622)
(949)
(1 023)
(772)
(610)
(102)
68
863
1 113
1 081
12
75
(42)
(454)
(115)
(129)
(454)
(264)
598
338
519
336
25
(42)
(358)
(614)
(553)
(922)
(555)
(296)
Cash from Operating Activities
113
N/A
93
-18%
37
-61%
(75)
N/A
9
N/A
8
-2%
16
+90%
13
-21%
(50)
N/A
(79)
-59%
(198)
-152%
(98)
+50%
(78)
+21%
(7)
+92%
(58)
-782%
(53)
+9%
(15)
+71%
(106)
-598%
146
N/A
203
+39%
252
+24%
163
-35%
240
+47%
548
+129%
1 036
+89%
754
-27%
850
+13%
772
-9%
1 191
+54%
802
-33%
410
-49%
364
-11%
351
-3%
278
-21%
288
+4%
502
+74%
(44)
N/A
346
N/A
517
+50%
327
-37%
315
-4%
500
+59%
428
-14%
401
-6%
486
+21%
734
+51%
692
-6%
709
+2%
699
-1%
558
-20%
627
+12%
638
+2%
612
-4%
162
-74%
(28)
N/A
(16)
+43%
196
N/A
145
-26%
2
-99%
(400)
N/A
(523)
-31%
(317)
+39%
(177)
+44%
386
N/A
574
+49%
1 391
+142%
1 730
+24%
1 795
+4%
888
-51%
987
+11%
946
-4%
451
-52%
765
+70%
721
-6%
372
-48%
628
+69%
1 428
+127%
1 236
-13%
1 453
+18%
1 310
-10%
1 312
+0%
1 286
-2%
968
-25%
667
-31%
547
-18%
145
-73%
450
+210%
709
+57%
Investing Cash Flow
Capital Expenditures
(21)
(22)
(21)
(21)
(19)
(16)
(17)
(14)
(13)
(14)
(17)
(19)
(21)
(20)
(16)
(15)
(11)
(11)
(8)
(9)
(10)
(10)
(16)
(25)
0
(14)
(11)
(5)
(22)
(23)
(22)
(12)
(16)
(20)
(24)
(37)
(24)
(19)
(14)
(9)
(14)
(13)
(14)
(17)
(16)
(18)
(17)
(19)
(31)
(32)
(39)
(43)
(43)
(43)
(39)
(35)
(32)
(32)
(30)
(30)
(22)
(20)
(18)
(26)
(44)
(57)
(67)
(67)
(61)
(60)
(71)
(94)
(105)
(107)
(121)
(119)
(125)
(147)
(134)
(126)
(142)
(147)
(160)
(198)
(254)
(246)
(300)
(306)
Other Items
65
5
(4)
32
144
76
157
165
136
177
175
108
111
18
(9)
(51)
30
49
38
59
(59)
(65)
(8)
42
(376)
(268)
(328)
(361)
17
(6)
13
13
(196)
(193)
(220)
(221)
(75)
(83)
(80)
(83)
172
172
171
171
(33)
(28)
(70)
(70)
(39)
(45)
(2)
1
(6)
(102)
(229)
(278)
(324)
(181)
188
273
331
289
55
(33)
(141)
(155)
(131)
58
158
177
1 055
933
932
897
(26)
(41)
(45)
(10)
(3)
(8)
10
(20)
(19)
(15)
(27)
(2)
(120)
(119)
Cash from Investing Activities
44
N/A
(17)
N/A
(25)
-49%
11
N/A
124
+1 041%
60
-52%
141
+136%
151
+7%
123
-19%
163
+33%
158
-3%
89
-44%
90
+1%
(2)
N/A
(25)
-1 573%
(66)
-161%
19
N/A
38
+99%
30
-22%
50
+70%
(69)
N/A
(75)
-8%
(24)
+68%
17
N/A
(376)
N/A
(282)
+25%
(339)
-20%
(366)
-8%
(5)
+99%
(29)
-456%
(9)
+69%
1
N/A
(212)
N/A
(213)
-1%
(244)
-15%
(257)
-5%
(99)
+62%
(102)
-4%
(94)
+9%
(93)
+1%
159
N/A
159
+1%
157
-1%
155
-2%
(49)
N/A
(46)
+6%
(88)
-92%
(89)
-1%
(70)
+21%
(78)
-10%
(41)
+48%
(42)
-4%
(49)
-16%
(144)
-194%
(268)
-86%
(312)
-16%
(357)
-14%
(213)
+40%
158
N/A
243
+54%
310
+28%
269
-13%
37
-86%
(59)
N/A
(185)
-216%
(212)
-14%
(198)
+7%
(9)
+95%
96
N/A
117
+21%
984
+745%
839
-15%
827
-1%
790
-4%
(147)
N/A
(160)
-8%
(170)
-6%
(157)
+7%
(138)
+12%
(134)
+3%
(132)
+1%
(167)
-27%
(179)
-7%
(213)
-19%
(280)
-32%
(249)
+11%
(420)
-69%
(425)
-1%
Financing Cash Flow
Net Issuance of Debt
(69)
(21)
(7)
48
8
(25)
(18)
21
58
75
115
79
27
50
5
12
22
49
40
32
17
83
105
16
(97)
(119)
(372)
(306)
(273)
(240)
(0)
13
(27)
(28)
(37)
(53)
(7)
(6)
4
(39)
(41)
(35)
(39)
12
4
(3)
(10)
(14)
(13)
(13)
(14)
(13)
(13)
(14)
(12)
(13)
(14)
(14)
(19)
(23)
(26)
(47)
(57)
(135)
(139)
(122)
(157)
(97)
(112)
(182)
(164)
(164)
(163)
(108)
(90)
(88)
(100)
(97)
(102)
(105)
(41)
(37)
(34)
(24)
(35)
(34)
32
21
Cash Paid for Dividends
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(149)
(149)
0
(320)
(174)
(174)
0
(231)
(232)
(232)
0
(284)
(280)
(280)
0
(112)
(112)
(112)
0
(303)
(303)
(303)
0
(156)
(156)
(156)
0
(208)
(208)
(208)
0
(383)
(383)
(383)
0
(450)
0
(450)
0
289
(161)
(161)
0
0
(116)
(116)
0
(543)
(426)
(807)
0
(980)
(980)
(599)
0
(459)
(459)
(459)
0
(911)
(911)
(911)
0
(649)
(649)
Other
(4)
(4)
(3)
(3)
(3)
(3)
(2)
(2)
(5)
(6)
(6)
(7)
(7)
(7)
(7)
(8)
(6)
(6)
(7)
(7)
(7)
(9)
(9)
(8)
(7)
(10)
(12)
(11)
(8)
(4)
(1)
(1)
(2)
(3)
(4)
(5)
(4)
(3)
(2)
(2)
(2)
(1)
(1)
(1)
(2)
(2)
(3)
(3)
(3)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(5)
(5)
(7)
(10)
(13)
(17)
(18)
(19)
(19)
(15)
(14)
(21)
(19)
(19)
(18)
(21)
(22)
(22)
(23)
(10)
(22)
(25)
(26)
(13)
(1)
(34)
(30)
(42)
(48)
Cash from Financing Activities
(73)
N/A
(25)
+65%
(11)
+57%
45
N/A
5
-89%
(28)
N/A
(20)
+27%
19
N/A
53
+179%
70
+33%
109
+56%
73
-33%
20
-73%
43
+119%
(2)
N/A
5
N/A
16
+233%
42
+164%
33
-22%
24
-27%
10
-57%
74
+607%
96
+31%
(142)
N/A
(254)
-79%
(279)
-10%
(704)
-152%
(491)
+30%
(455)
+7%
(418)
+8%
(232)
+45%
(220)
+5%
(261)
-18%
(262)
-1%
(325)
-24%
(338)
-4%
(291)
+14%
(290)
+0%
(110)
+62%
(153)
-39%
(154)
-1%
(149)
+4%
(342)
-130%
(292)
+15%
(300)
-3%
(308)
-2%
(168)
+45%
(172)
-2%
(172)
+1%
(172)
0%
(224)
-30%
(223)
+0%
(223)
0%
(225)
-1%
(398)
-77%
(399)
0%
(400)
0%
(401)
0%
(473)
-18%
(478)
-1%
(481)
-1%
(504)
-5%
(228)
+55%
(309)
-36%
(316)
-2%
(301)
+5%
(177)
+41%
(232)
-31%
(244)
-5%
(313)
-28%
(728)
-133%
(610)
+16%
(988)
-62%
(933)
+6%
(1 091)
-17%
(1 090)
+0%
(721)
+34%
(719)
+0%
(571)
+21%
(587)
-3%
(525)
+10%
(522)
+1%
(957)
-83%
(936)
+2%
(980)
-5%
(975)
+1%
(660)
+32%
(676)
-3%
Change in Cash
Effect of Foreign Exchange Rates
0
0
(0)
(0)
0
(0)
1
1
(0)
2
1
(1)
(0)
(1)
(1)
1
0
(1)
(0)
0
1
1
(0)
(0)
(1)
(2)
0
0
0
1
(0)
0
0
(0)
(0)
(0)
0
0
1
(0)
(0)
0
(0)
0
0
0
0
0
0
0
0
0
0
(1)
(1)
1
(1)
1
1
(1)
1
0
(1)
1
(0)
6
1
0
1
(5)
(1)
(0)
(1)
(1)
0
2
(1)
(1)
(6)
0
2
4
10
1
1
(1)
(1)
(0)
Net Change in Cash
84
N/A
51
-39%
0
-100%
(20)
N/A
138
N/A
40
-71%
137
+243%
183
+33%
126
-31%
156
+24%
70
-55%
62
-11%
32
-49%
34
+8%
(86)
N/A
(113)
-31%
20
N/A
(26)
N/A
209
N/A
278
+33%
195
-30%
163
-16%
311
+91%
424
+36%
405
-4%
191
-53%
(193)
N/A
(85)
+56%
731
N/A
357
-51%
169
-53%
145
-14%
(121)
N/A
(198)
-63%
(282)
-42%
(94)
+67%
(434)
-363%
(46)
+89%
314
N/A
81
-74%
319
+296%
510
+60%
243
-52%
264
+9%
137
-48%
381
+178%
436
+14%
448
+3%
457
+2%
309
-33%
363
+18%
373
+3%
340
-9%
(208)
N/A
(694)
-234%
(726)
-5%
(562)
+23%
(468)
+17%
(313)
+33%
(635)
-103%
(694)
-9%
(551)
+21%
(368)
+33%
19
N/A
72
+277%
885
+1 126%
1 356
+53%
1 554
+15%
741
-52%
786
+6%
1 201
+53%
680
-43%
603
-11%
577
-4%
(865)
N/A
(620)
+28%
537
N/A
359
-33%
739
+106%
590
-20%
656
+11%
600
-9%
(159)
N/A
(481)
-203%
(712)
-48%
(1 079)
-52%
(630)
+42%
(393)
+38%
Free Cash Flow
Free Cash Flow
92
N/A
71
-23%
16
-78%
(96)
N/A
(10)
+89%
(8)
+25%
(1)
+94%
(2)
-200%
(63)
-4 073%
(93)
-48%
(215)
-132%
(117)
+46%
(99)
+16%
(26)
+74%
(75)
-185%
(67)
+10%
(26)
+61%
(117)
-344%
138
N/A
194
+41%
242
+25%
153
-37%
224
+46%
523
+134%
1 036
+98%
740
-29%
839
+13%
766
-9%
1 169
+53%
779
-33%
388
-50%
352
-9%
336
-5%
258
-23%
264
+2%
465
+77%
(68)
N/A
327
N/A
503
+54%
317
-37%
301
-5%
487
+62%
414
-15%
384
-7%
470
+22%
717
+52%
674
-6%
690
+2%
668
-3%
526
-21%
588
+12%
595
+1%
569
-4%
119
-79%
(67)
N/A
(51)
+25%
164
N/A
113
-31%
(29)
N/A
(430)
-1 392%
(545)
-27%
(337)
+38%
(195)
+42%
360
N/A
531
+47%
1 334
+151%
1 663
+25%
1 728
+4%
826
-52%
927
+12%
875
-6%
357
-59%
661
+85%
614
-7%
251
-59%
509
+103%
1 303
+156%
1 089
-16%
1 319
+21%
1 184
-10%
1 170
-1%
1 139
-3%
808
-29%
469
-42%
294
-37%
(101)
N/A
151
N/A
403
+168%

See Also

Summary
BDX intrinsic value, competitors valuation, and company profile.
DCF Valuation
BDX stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BDX stock valuation using valuation multiples.
Wall Street Estimates
BDX price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BDX stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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