QM · rank #17 · 2026-09-10
BDX
GPW · PLN · $5.03B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +39.02% |
|---|---|
| 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). | $5.03B |
| Anchor (recent) Close on 2026-08-11 | $750.00 |
| Anchor (far) Close on 2025-08-11 | $539.51 |
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 construction group, executing a PLN 17.9bn backlog of public-sector contracts with growing international PPP ambitions.
Rationale
The 39% trailing momentum is grounded in real fundamental delivery — H1 2026 revenue of PLN 4.26bn with high-single-digit growth, an 85% ROE, and a backlog providing named revenue coverage through 2027 — making the quality_momentum signal structurally reinforced rather than sentiment-driven.
Material risks
- 1Margin erosion on the long-dated backlog from construction input-cost inflation and labor constraints is the most acute thesis-breaker, as fixed-price public contracts limit the ability to reprice even as profitability is the core quality anchor.
- 2Heavy dependence on Polish public-sector budget cycles and EU co-financing decisions means a tender slowdown or political reallocation could stall backlog conversion and abruptly deflate the momentum leg.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.