Webuild SpA (DE:IPJ1)

FRANKFURT:IPJ1

IPJ1

Webuild SpA

RESEARCH TOOLSreports

Webuild SpA (IPJ1) Price & Analysis

1 Followers

IPJ1 Stock Chart & Stats

€2.63

€0.01(0.35%)

At close: Jan 08 4:00 PM EST

€2.63

€0.01(0.35%)

Day’s Range― - ―

52-Week Range€2.12 - €4.28

Previous CloseN/A

Volume0.00

Average Volume (3M)529.00

Market Cap

€2.44B

Enterprise Value€3.06B

Total Cash (Recent Filing)€2.45B

Total Debt (Recent Filing)€3.07B

Price to Earnings (P/E)10.0

Beta1.32

Next Earnings

Jul 29, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)0.25

Shares Outstanding1,019,303,800

10 Day Avg. Volume673

30 Day Avg. Volume529

Financial Highlights & Ratios

PEG Ratio0.70

Price to Book (P/B)2.01

Price to Sales (P/S)0.27

P/FCF Ratio-6.04

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

€3.40

Price Target Upside29.28% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering1

EPS Forecast (FY)0.33

Revenue Forecast (FY)€13.67B

Bulls Say, Bears Say

Bulls Say

Revenue Growth & ScaleSustained revenue expansion across 2022–2025 reflects continued project wins and execution scale in large infrastructure works. Durable top-line growth supports backlog visibility, spreads fixed costs over larger activity, and underpins long-term contractual revenue streams.

Improving Return On EquityROE improvement to ~14% signals better capital efficiency and earnings generation on shareholder equity. Higher returns enhance the firm's capacity to reinvest in capabilities, attract consortium roles, and sustain credit access over multiple cycles if maintained.

Contracted EPC Business ModelA business model focused on large EPC projects and consortium execution gives structural advantages: long-term contracted revenues, milestone billing, and the ability to share execution risk. These features create durable cash‑flow potential when project delivery is controlled.

Bears Say

Weak Cash GenerationMaterial FCF deterioration and a sharp drop in operating cash reflect working-capital strain and project-stage cash absorption. Persistent cash volatility constrains liquidity, raises refinancing needs, and limits reinvestment or dividend flexibility across cycles.

Elevated LeverageA high debt-to-equity ratio leaves the company vulnerable to margin or cash-flow shocks in a cyclical industry. Elevated leverage increases interest costs, reduces bidding flexibility on large contracts, and heightens refinancing risk if cash conversion does not stabilize.

Margin Pressure & Thin ProfitabilityFalling gross margins and a slim net margin indicate weakened pricing power or rising execution costs. Thin profitability reduces buffer for cost overruns, makes projects more sensitive to delays, and limits the company's ability to absorb cyclical headwinds over the medium term.

Webuild SpA News

Webuild Updates Share Structure After Partial Exercise of Anti-Dilution Warrants

The latest update is out from Webuild SpA ( ($IT:WBD) ). Webuild S.p.A. has updated the composition of...

3d ago

Webuild’s Lane Wins $1 Billion Ohio River Tunnel Contract in Pittsburgh

Webuild SpA ( ($IT:WBD) ) just unveiled an announcement. Lane, the U.S. subsidiary of Italy’s Webuild, has secured...

5d ago

Webuild Publishes Shareholders’ Meeting Minutes and CEO Bond Decision

An update from Webuild SpA ( ($IT:WBD) ) is now available. Webuild SpA has made available to the...

12d ago

Webuild to Part Ways with Long-Serving Finance Chief, Ensuring Smooth Transition

The latest announcement is out from Webuild SpA ( ($IT:WBD) ). Webuild SpA has reached a mutual agreement...

13d ago

Webuild Ends NEOM High-Speed Rail Contract as Saudi Client Pulls Out

Webuild SpA ( ($IT:WBD) ) has issued an update. NEOM has exercised its contractual right to withdraw from...

18d ago

Webuild Extends Debt Maturities with Heavily Oversubscribed €500 Million Bond

The latest announcement is out from Webuild SpA ( ($IT:WBD) ). Webuild SpA has reinforced its position in...

1M ago

Webuild extends debt profile with heavily oversubscribed €500 million bond

Webuild SpA ( ($IT:WBD) ) has issued an announcement. Webuild has completed a liability management transaction combining the...

1M ago

Webuild Reports Return of Over 10 Million Lent Shares to Salini S.p.A.

Webuild SpA ( ($IT:WBD) ) has shared an update. Webuild S.p.A. disclosed an internal dealing transaction involving Salini...

1M ago

Webuild Shareholders Approve 2025 Results, Dividends and New Audit Board

Webuild SpA ( ($IT:WBD) ) has issued an announcement. Webuild S.p.A.’s shareholders approved the 2025 separate financial statements...

1M ago

Webuild Raises €500 Million in Oversubscribed Bond to Refinance Debt and Extend Maturities

An update from Webuild SpA ( ($IT:WBD) ) is now available. Webuild has successfully priced a €500 million...

1M ago

IPJ1 FAQ

What was Webuild SpA’s price range in the past 12 months?

Webuild SpA lowest stock price was €2.12 and its highest was €4.28 in the past 12 months.

What is Webuild SpA’s market cap?

Webuild SpA’s market cap is €2.44B.

When is Webuild SpA’s upcoming earnings report date?

Webuild SpA’s upcoming earnings report date is Jul 29, 2026 which is in 51 days.

How were Webuild SpA’s earnings last quarter?

Webuild SpA released its earnings results on Mar 12, 2026. The company reported €0.134 earnings per share for the quarter, beating the consensus estimate of N/A by €0.134.

Is Webuild SpA overvalued?

According to Wall Street analysts Webuild SpA’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Webuild SpA pay dividends?

Webuild SpA does not currently pay dividends.

What is Webuild SpA’s EPS estimate?

Webuild SpA’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Webuild SpA have?

Webuild SpA has 1,019,303,800 shares outstanding.

What happened to Webuild SpA’s price movement after its last earnings report?

Webuild SpA reported an EPS of €0.134 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -5.835%.

Which hedge fund is a major shareholder of Webuild SpA?

Currently, no hedge funds are holding shares in DE:IPJ1

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Webuild SpA

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.

Webuild SpA (IPJ1) Earnings & Revenues

Historic Earnings Reports

IPJ1 Stock 12 Month Forecast

Average Price Target

€3.40

▲(29.28% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"1":"€1","4":"€4","1.75":"€1.75","2.5":"€2.5","3.25":"€3.25"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":3.4,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€3.40</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":3.4,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€3.40</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":3.4,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€3.40</span>\n  </div></div>","useHTML":true}}],"tickPositions":[1,1.75,2.5,3.25,4],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Sep<br/>2025","6":"Dec<br/>2025","9":"Mar<br/>2026","12":"Jun<br/>2026","25":"Jun<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2.37,2.4492307692307693,2.5284615384615385,2.6076923076923078,2.686923076923077,2.766153846153846,2.8453846153846154,2.9246153846153846,3.003846153846154,3.083076923076923,3.1623076923076923,3.2415384615384615,3.3207692307692307,{"y":3.4,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2.37,2.4492307692307693,2.5284615384615385,2.6076923076923078,2.686923076923077,2.766153846153846,2.8453846153846154,2.9246153846153846,3.003846153846154,3.083076923076923,3.1623076923076923,3.2415384615384615,3.3207692307692307,{"y":3.4,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,2.37,2.4492307692307693,2.5284615384615385,2.6076923076923078,2.686923076923077,2.766153846153846,2.8453846153846154,2.9246153846153846,3.003846153846154,3.083076923076923,3.1623076923076923,3.2415384615384615,3.3207692307692307,{"y":3.4,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":3.413,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.459,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.659,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.647,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.331,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.306,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.058,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.289,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.636,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":3.203,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2.273,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2.383,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":2.37,"date":1780272000000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >