QM · rank #20 · 2026-09-07
BDX
GPW · PLN · $4.72B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +32.94% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +85.4% |
| Profit margin Net profit margin, trailing 12 months. | +7.5% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $4.72B |
| Anchor (recent) Close on 2026-08-07 | $730.40 |
| Anchor (far) Close on 2025-08-08 | $549.41 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Budimex S.A. (BDX@GPW) is Poland's leading infrastructure and railway contractor, operating a PLN 17.9bn+ order backlog heavily weighted toward EU-funded public infrastructure and rail projects through at least 2027.
Rationale
The quality_momentum signal is reinforced by a standout 85% ROE, a 33% trailing 12-month price return, H1 2026 double-digit profit growth, and a record backlog providing concrete revenue visibility — exactly the earnings-quality durability the strategy targets.
Material risks
- 1Roughly three-quarters of the profitable backlog is tied to Polish public-sector and EU-funded contracts, meaning a single political budget cycle shift or tender delay could materially impair backlog conversion and break the earnings trajectory underpinning the momentum signal.
- 2Long-dated fixed-price or lump-sum contracts on a PLN 17.9bn backlog leave Budimex exposed to construction input-cost inflation and labor tightness that could compress margins even as headline revenues remain covered, eroding the high-ROE quality signal over the next 12–18 months.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.