Webuild SpA (WBD) AI Stock Analysis

• Market Cap: €3.49B
• Dividend Yield: 2.29%
• Average Volume (3M): 2.00M
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.19
• Revenue Growth: 21.15%
• EPS Growth: 17.26%
• Country: IT
• Employees: 43,430
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.11
• Shares Outstanding: 1,017,681,500
• 10 Day Avg. Volume: 2,256,355
• 30 Day Avg. Volume: 1,996,536
• PEG Ratio: 0.27
• Price to Book (P/B): 1.64
• Price to Sales (P/S): 0.25
• P/FCF Ratio: 9.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €4.40
• Price Target Upside: 25.00% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: €4.00 ▲(13.64% Upside)

Webuild SpA's overall stock score is driven by its strong financial performance, characterized by robust revenue and profit growth. The technical analysis indicates neutral momentum, and the valuation suggests the stock is reasonably priced with a modest dividend yield. The absence of earnings call and corporate event data did not impact the score.

Webuild SpA Business Overview & Revenue Model

Company Description

Webuild S.p.A. operates in construction businesses worldwide. The company designs and builds works and infrastructure for the mobility, hydroelectric energy, water, green buildings, and tunnelling sectors. It also undertakes the construction of airports and civil and industrial construction; railways and subways; and highways, roads, and bridges, as well as dams and hydroelectric power plants. The company is headquartered in Milan, Italy. Webuild S.p.A. is a subsidiary of Salini Costruttori S.p.A.

How the Company Makes Money

Webuild generates revenue through multiple streams primarily derived from its core activities in construction and engineering. The company earns money by securing contracts for large infrastructure projects, which often involve public and private sector partnerships. Key revenue streams include project execution fees, management services, and consultancy fees associated with the planning and design of infrastructure. Significant partnerships with governments and other entities for major projects, along with participation in public tenders, also contribute to its earnings. Additionally, Webuild benefits from a focus on renewable energy and sustainable practices, which can attract funding and investment in eco-friendly infrastructure initiatives.

Webuild SpA Financial Statement Overview

Summary

Webuild SpA exhibits strong financial performance with impressive revenue and profit growth, reflective of strategic operational management. Despite occasional volatility in margins and cash flow, the company maintains a solid balance sheet with prudent leverage and strong equity. Continued attention to debt levels and capital expenditures will be crucial to sustain long-term financial health.

Income Statement

Webuild SpA has demonstrated a strong revenue growth trajectory, increasing from €4.24 billion in 2020 to €11.03 billion in 2024. The gross profit margin has remained healthy, indicating effective cost management. The net profit margin has improved significantly, reflecting enhanced profitability. However, fluctuations in EBIT and EBITDA margins point to potential volatility in operational efficiency.

Balance Sheet

The company has maintained a stable equity base with a consistent debt-to-equity ratio, suggesting balanced leverage. Return on equity has improved in recent years, indicating better utilization of shareholder funds. A strong equity ratio supports financial stability, yet total liabilities have grown, which could pose risks if growth slows.

Cash Flow

Webuild SpA shows robust free cash flow generation, particularly post-2021, driven by increased operating cash flow. The operating cash flow to net income ratio is favorable, highlighting effective cash management. Despite the positive cash flow trajectory, historical volatility in free cash flow warrants caution regarding capital expenditure planning.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.11B	11.03B	9.29B	7.66B	5.98B	4.25B
Gross Profit	3.52B	5.56B	2.68B	1.92B	1.32B	991.83M
EBITDA	300.76M	1.04B	1.12B	807.30M	469.21M	662.58M
Net Income	247.33M	194.48M	124.00M	9.89M	-304.95M	138.40M
Balance Sheet
Total Assets	17.60B	18.25B	16.16B	12.88B	12.33B	11.63B
Cash, Cash Equivalents and Short-Term Investments	2.13B	3.22B	3.06B	1.94B	2.38B	2.46B
Total Debt	2.92B	2.94B	2.60B	2.62B	2.65B	3.56B
Total Liabilities	15.81B	16.30B	14.47B	10.94B	10.47B	9.54B
Stockholders Equity	1.58B	1.71B	1.51B	1.58B	1.59B	1.42B
Cash Flow
Free Cash Flow	-821.60M	289.70M	1.45B	-251.63M	998.68M	12.26M
Operating Cash Flow	70.44M	1.12B	1.89B	26.50M	1.21B	196.03M
Investing Cash Flow	-1.43B	-886.71M	-452.87M	-242.77M	-205.71M	221.57M
Financing Cash Flow	-94.60M	-93.57M	-282.74M	-243.76M	-1.08B	1.07B

Webuild SpA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:WBD, the sentiment is Positive. The current price of 3.52 is above the 20-day moving average (MA) of 3.46, below the 50-day MA of 3.62, and above the 200-day MA of 3.43, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 51.18 is Neutral, neither overbought nor oversold. The STOCH value of 81.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:WBD.

Webuild SpA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAN	―	€3.03B	17.82	―	0.65%	0.68%	-0.43%
MAIRE	―	€4.36B	17.11	42.37%	2.57%	30.91%	40.82%
WBD	―	€3.49B	13.92	15.86%	2.29%	21.15%	17.26%
IP	―	€4.37B	20.42	10.96%	0.78%	-4.26%	-9.37%
ERG	―	€3.38B	24.16	6.61%	4.47%	-3.04%	-39.96%
FCT	―	€7.14B	55.08	14.30%	―	18.44%	―
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Webuild SpA Corporate Events

Webuild S.p.A. Announces Changes in Share Capital and Voting Rights

Webuild S.p.A. has announced a change in its share capital and voting rights as of September 30, 2025, following the issuance of new ordinary shares and the cancellation of increased voting rights for some shares. Despite these changes, the total share capital remains at 600 million euros. This update reflects the company’s ongoing adjustments to its capital structure, which may impact its market positioning and stakeholder interests.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR4.40 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild S.p.A. Announces Board Member Resignation

Webuild S.p.A. announced the resignation of Francesco Renato Mele, a non-executive and non-independent director, due to new professional commitments. The company plans to appoint a replacement at the next Board of Directors meeting. This change is not expected to impact the company’s operations significantly, as Mele did not hold shares or sit on any committee. Webuild expressed gratitude for Mele’s service and wished him success in his future endeavors.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR4.40 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild’s Strong Financial Performance and Commitment to Sustainability

Webuild has reported a total revenue of 12 billion euros as of December 31, 2024, and an order backlog of approximately 59 billion euros as of June 30, 2025. Over 90% of its construction backlog is linked to the United Nations’ Sustainable Development Goals, highlighting its commitment to sustainability. The company is listed on the Milan Stock Exchange and is included in the MIB ESG index, reflecting its strong environmental, social, and governance performance.

The most recent analyst rating on (IT:WBD) stock is a Hold with a EUR4.00 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild Secures €1.6 Billion Contract for Santomarco Tunnel Project

Webuild has secured a €1.6 billion contract for the construction of the Santomarco Tunnel on the high-speed railway line between Salerno and Reggio Calabria. This project, which includes the doubling of the Paola-Cosenza section, is expected to enhance the railway connectivity in Southern Italy, contributing to economic and social development in the region. The construction will involve significant infrastructure work, including tunnels, bridges, and a new station, and will employ up to 1,500 people. This initiative is part of Webuild’s broader efforts in Southern Italy, where it is involved in multiple projects aimed at improving high-speed rail infrastructure.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.50 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild to Construct World’s Longest Suspension Bridge in Italy

The contract for the construction of the world’s longest suspension bridge over the Strait of Messina has been signed, marking a significant milestone in infrastructure development in Italy. This project, valued at €10.6 billion, is expected to revolutionize connectivity between Sicily and mainland Italy, enhancing economic, industrial, and cultural integration in the region. The bridge will feature a 3,300-meter central span and will accommodate both road and rail traffic, significantly improving transportation efficiency and capacity. Complementary infrastructure, including roads, railways, and business centers, will further support regional development and integration into the European transport network.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.50 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild Adjusts Shareholder Voting Rights Structure

Webuild S.p.A. announced the cancellation of increased voting rights for 6,182,789 shares held by Salini S.p.A., impacting the list of shareholders with stakes exceeding 3% of total voting rights. This adjustment reflects internal securities lending operations and affects the company’s shareholder structure, with implications for its governance and control dynamics.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.50 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.

Webuild Releases Semi-Annual Financial Report, Showcasing Strong Order Backlog and Sustainability Commitment

Webuild has released its Semi-Annual Financial Report as of June 30, 2025, highlighting a total order backlog of approximately 59 billion euros, with over 90% aligned with the United Nations’ sustainable development goals. The report underscores Webuild’s strong market positioning and commitment to sustainability, with significant ongoing projects like the New Genoa Breakwater and the Snowy 2.0 hydroelectric project, reinforcing its leadership in the infrastructure sector.

The most recent analyst rating on (IT:WBD) stock is a Buy with a EUR3.50 price target. To see the full list of analyst forecasts on Webuild SpA stock, see the IT:WBD Stock Forecast page.