(GBF) Bilfinger SE - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: XETRA (Germany) | Market Cap: 3.258m EUR | Total Return: 13.3% in 12m
Avg Turnover: 10.9M
EPS Trend: 95.2%
Qual. Beats: 0
Rev. Trend: 98.7%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Bilfinger SE is a Mannheim-based industrial services provider specializing in the engineering, maintenance, and operation of complex plants within the process industry. The company operates across three core segments-Engineering & Maintenance Europe, Engineering & Maintenance International, and Technologies-serving the chemical, pharmaceutical, energy, and oil and gas sectors. Its service portfolio encompasses the entire lifecycle of industrial assets, ranging from initial consulting and prefabrication to specialized decommissioning of nuclear facilities.
The industrial services sector is increasingly driven by the outsourcing of maintenance tasks as plant operators seek to reduce fixed costs and improve operational efficiency. Bilfinger’s business model focuses on long-term framework agreements, which provide recurring revenue streams and high levels of customer integration. The company has also expanded its technical scope to include decarbonization services, such as hydrogen infrastructure and carbon capture, to align with global energy transition trends.
Investors can further examine the company’s valuation metrics and growth drivers on ValueRay.
- Efficiency program execution drives margin expansion toward 6-7% EBITA target
- Energy transition demand fuels growth in hydrogen and carbon capture
- Nuclear decommissioning and life extension projects bolster long-term order backlog
- European industrial maintenance spending remains sensitive to regional energy costs
| Net Income: 181.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.58 > 1.0 |
| NWC/Revenue: 8.57% < 20% (prev 10.73%; Δ -2.16% < -1%) |
| CFO/TA 0.08 > 3% & CFO 275.4m > Net Income 181.1m |
| Net Debt (68.8m) to EBITDA (420.6m): 0.16 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.9m) vs 12m ago -1.81% < -2% |
| Gross Margin: 11.25% > 18% (prev 0.11%; Δ 1.11k% > 0.5%) |
| Asset Turnover: 153.6% > 50% (prev 149.2%; Δ 4.36% > 0%) |
| Interest Coverage Ratio: 9.10 > 6 (EBITDA TTM 420.6m / Interest Expense TTM 30.9m) |
| A: 0.13 (Total Current Assets 2.21b - Total Current Liabilities 1.75b) / Total Assets 3.63b |
| B: 0.14 (Retained Earnings 502.7m / Total Assets 3.63b) |
| C: 0.08 (EBIT TTM 281.1m / Avg Total Assets 3.56b) |
| D: 0.28 (Book Value of Equity 617.7m / Total Liabilities 2.23b) |
| Altman-Z'' = 2.12 = BBB |
| DSRI: 1.04 (Receivables 1.47b/1.35b, Revenue 5.47b/5.22b) |
| GMI: 0.98 (GM 11.25% / 11.04%) |
| AQI: 0.97 (AQ_t 0.26 / AQ_t-1 0.26) |
| SGI: 1.05 (Revenue 5.47b / 5.22b) |
| TATA: -0.03 (NI 181.1m - CFO 275.4m) / TA 3.63b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at EUR 88.20 with a total of 114,413 shares traded.
Over the past week, the price has changed by +6.08%,
over one month by -7.92%,
over three months by -24.05% and
over the past year by +13.27%.
Bilfinger SE has no consensus analysts rating.
P/E Trailing = 18.1481
P/E Forward = 10.4384
P/S = 0.5954
P/B = 2.2936
P/EG = 3.6182
Revenue TTM = 5.47b EUR
EBIT TTM = 281.1m EUR
EBITDA TTM = 420.6m EUR
Long Term Debt = 55.3m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 183.5m EUR (from shortTermDebt, last quarter)
Debt = 570.8m EUR (from shortLongTermDebtTotal, last quarter) + Leases 196.7m
Net Debt = 68.8m EUR (calculated: Debt 570.8m - CCE 502.0m)
Enterprise Value = 3.33b EUR (3.26b + Debt 570.8m - CCE 502.0m)
Interest Coverage Ratio = 9.10 (Ebit TTM 281.1m / Interest Expense TTM 30.9m)
EV/FCF = 15.74x (Enterprise Value 3.33b / FCF TTM 211.3m)
FCF Yield = 6.35% (FCF TTM 211.3m / Enterprise Value 3.33b)
FCF Margin = 3.86% (FCF TTM 211.3m / Revenue TTM 5.47b)
Net Margin = 3.31% (Net Income TTM 181.1m / Revenue TTM 5.47b)
Gross Margin = 11.25% ((Revenue TTM 5.47b - Cost of Revenue TTM 4.86b) / Revenue TTM)
Gross Margin QoQ = 10.80% (prev 11.43%)
Tobins Q-Ratio = 0.92 (Enterprise Value 3.33b / Total Assets 3.63b)
Interest Expense / Debt = 5.41% (Interest Expense 30.9m / Debt 570.8m)
Taxrate = 26.35% (13.7m / 52.0m)
NOPAT = 207.0m (EBIT 281.1m * (1 - 26.35%))
Current Ratio = 1.27 (Total Current Assets 2.21b / Total Current Liabilities 1.75b)
Debt / Equity = 0.41 (Debt 570.8m / totalStockholderEquity, last quarter 1.39b)
Debt / EBITDA = 0.16 (Net Debt 68.8m / EBITDA 420.6m)
Debt / FCF = 0.33 (Net Debt 68.8m / FCF TTM 211.3m)
Total Stockholder Equity = 1.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.08% (Net Income 181.1m / Total Assets 3.63b)
RoE = 13.75% (Net Income TTM 181.1m / Total Stockholder Equity 1.32b)
RoCE = 20.48% (EBIT 281.1m / Capital Employed (Equity 1.32b + L.T.Debt 55.3m))
RoIC = 10.20% (NOPAT 207.0m / Invested Capital 2.03b)
WACC = 6.53% (E(3.26b)/V(3.83b) * Re(6.98%) + D(570.8m)/V(3.83b) * Rd(5.41%) * (1-Tc(0.26)))
Discount Rate = 6.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -71.91 | Cagr: -0.87%
[DCF] Terminal Value 73.10% ; FCFF base≈230.3m ; Y1≈201.9m ; Y5≈163.1m
[DCF] Fair Price = 69.03 (EV 2.62b - Net Debt 68.8m = Equity 2.55b / Shares 36.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 95.22 | EPS CAGR: 32.98% | SUE: -0.17 | # QB: 0
Revenue Correlation: 98.71 | Revenue CAGR: 10.60% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.48 | Chg30d=-13.20% | Revisions=-20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=1.64 | Chg30d=-11.84% | Revisions=-20% | Analysts=1
EPS current Year (2026-12-31): EPS=6.12 | Chg30d=-3.92% | Revisions=-20% | GrowthEPS=+17.9% | GrowthRev=+4.7%
EPS next Year (2027-12-31): EPS=7.06 | Chg30d=-1.29% | Revisions=-43% | GrowthEPS=+15.3% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: -43%