Want to see DE:GBF full AI Analyst Report?
Top Page
Bilfinger
(XETRA:GBF)
Select Model
Select Model
Rating:64Neutral
Price Target:
€82.00
▲(0.55% Upside)
Action:Reiterated
Date:08/17/26
The score is driven primarily by improving fundamentals (stronger balance sheet, steady profitability, and positive free cash flow), but it is meaningfully reduced by weak technicals (price below all key moving averages with bearish MACD and low RSI). Valuation is supportive with a moderate P/E and a solid dividend yield.
Positive Factors
Revenue and Profit Growth
Sustained revenue expansion alongside improved operating profit and net income indicates stronger demand and execution. This provides a durable earnings base, although future profitability still depends on controlling project and labor costs.
Negative Factors
Modest and Cost-Sensitive Margins
Industrial services typically operate with limited margin buffers, and Bilfinger's modest margins leave earnings exposed to wage inflation, inefficiencies, and contract overruns. Sustaining profitability therefore requires disciplined pricing, utilization, and project execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Profit Growth
Sustained revenue expansion alongside improved operating profit and net income indicates stronger demand and execution. This provides a durable earnings base, although future profitability still depends on controlling project and labor costs.
Read all positive factors
Bilfinger (GBF) vs. iShares MSCI Germany ETF (EWG)
Market Cap
€2.76B
Dividend Yield3.64%
Average Volume (3M)83.66K
Price to Earnings (P/E)14.6
Beta (1Y)1.42
Revenue Growth5.76%
EPS Growth2.14%
CountryDE
Employees30,749
SectorGeneral
Sector StrengthN/A
IndustryEngineering & Construction
Share Statistics
EPS (TTM)5.06
Shares Outstanding37,606,373
10 Day Avg. Volume81,028
30 Day Avg. Volume83,661
Financial Highlights & Ratios
PEG Ratio-18.13
Price to Book (P/B)3.00
Price to Sales (P/S)0.74
P/FCF Ratio13.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€112.33Price Target Upside37.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)5.93
Revenue Forecast (FY)€5.69B
Bilfinger Business Overview & Revenue Model
Company Description
Bilfinger SE, founded in Mannheim, Germany, in 1880, provides a comprehensive array of industrial services. The company primarily supports clients within the process industry across Europe, North America, and the Middle East. Their extensive servi...
How the Company Makes Money
Bilfinger makes money primarily by selling industrial services to operators of process-industry facilities under contracts that cover both recurring operations work and project-based work. Key revenue streams generally include: (1) Maintenance, re...
Bilfinger Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
83
Very Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.57B | 5.43B | 5.04B | 4.49B | 4.31B | 3.74B |
| Gross Profit | 617.00M | 617.20M | 546.80M | 463.50M | 437.10M | 387.00M |
| EBITDA | 421.60M | 408.30M | 394.30M | 295.70M | 171.20M | 242.50M |
| Net Income | 187.60M | 176.00M | 179.50M | 181.50M | 28.20M | 129.50M |
Balance Sheet | ||||||
| Total Assets | 3.52B | 3.66B | 3.46B | 3.36B | 3.05B | 3.15B |
| Cash, Cash Equivalents and Short-Term Investments | 232.60M | 519.20M | 533.50M | 728.90M | 615.90M | 861.40M |
| Total Debt | 222.50M | 373.60M | 376.50M | 608.80M | 443.50M | 449.40M |
| Total Liabilities | 2.16B | 2.31B | 2.15B | 2.18B | 1.97B | 1.86B |
| Stockholders Equity | 1.34B | 1.33B | 1.30B | 1.17B | 1.09B | 1.30B |
Cash Flow | ||||||
| Free Cash Flow | 205.60M | 299.00M | 177.90M | 86.20M | 106.30M | 53.70M |
| Operating Cash Flow | 276.10M | 364.30M | 241.10M | 144.80M | 158.00M | 115.00M |
| Investing Cash Flow | -112.60M | -94.70M | 111.60M | -217.60M | 156.10M | 283.10M |
| Financing Cash Flow | -365.00M | -214.30M | -427.70M | 40.70M | -382.80M | -239.00M |
Bilfinger Technical Analysis
Negative
81.55
Price Trends
81.83
Negative
87.25
Negative
96.49
Negative
Market Momentum
-2.19
Positive
43.42
Neutral
35.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:GBF, the sentiment is Negative. The current price of 81.55 is above the 20-day moving average (MA) of 78.54, below the 50-day MA of 81.83, and below the 200-day MA of 96.49, indicating a bearish trend. The MACD of -2.19 indicates Positive momentum. The RSI at 43.42 is Neutral, neither overbought nor oversold. The STOCH value of 35.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DE:GBF.
Bilfinger Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | €2.76B | 14.61 | 14.00% | 3.43% | 5.76% | 2.14% | |
62 Neutral | €8.87B | 24.37 | 8.30% | 3.22% | -5.28% | -13.76% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | €1.07B | -0.24 | 64.53% | ― | ― | ― | |
52 Neutral | €32.00B | 36.00 | 69.90% | 1.48% | 8.06% | 8.35% |
* General Sector Average
DE:GBF
Bilfinger
76.85
-12.25
-13.75%
DE:B5A0
Bauer AG
6.00
-0.25
-4.00%
DE:BYW
BayWa AG
8.20
-0.96
-10.46%
DE:BNR
Brenntag AG
60.74
8.35
15.94%
DE:CEV
Centrotec Sustainable
52.40
-20.55
-28.17%
DE:HOT
Hochtief
427.20
209.45
96.19%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.