WS
Broad data
Sep 24, 2026
Webuild S.p.A
0BJP · LSE
Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
✓Fair value €3.69 · Strongly undervalued (+88.6%)
!Quality 42/100
!Mixed Growth (revenue 3y −6.1 %/yr)
!Thin margins · 1.9% net margin (TTM)
!Moderate debt
·4.1% dividend yield · Safety not assessed
!Narrow moat 31/100
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
Webuild S.p.A. engages in the construction businesses worldwide. The company designs and builds infrastructure for the mobility, hydroenergy, water, and green buildings.
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Webuild S.p.A. engages in the construction businesses worldwide. The company designs and builds infrastructure for the mobility, hydroenergy, water, and green buildings. It also undertakes the construction of civil and industrial buildings, airports, stadiums, and hospitals, as well as roads and motorways, metros, railways, bridges and viaducts, ports, tunnels, and sea works. In addition, the company develops and builds dams for drinking water, desalination and water treatment plants, hydraulic projects, drinking water, and irrigation water reservoirs. Further, it is involved in the development of hydropower plants and pumped storage facilities. The company is headquartered in Lombardia, Italy.
Webuild S.p.A (0BJP) currently trades at €1.96, while our model-based Fair Value estimate is €3.69, implying the stock looks roughly 47.0% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of €10.35 per share, and 18 of the 23 models we run sit above the €1.96 price.
Bear case: the Dividend Discount group reads lowest at €0.4500, and 5 of the 23 models stay below the price. Evidence for this calculation is high.
Scenario range: €2.77 (bear) to €4.61 (bull), the price of €1.96 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 42/100 (below-average quality), in the Industrials sector.
Mixed Growth: Spin-off in 2020: revenue and profit before it include the divested business. Growth is measured afresh from 2020.
Webuild S.p.A reported revenue of €4.2B in FY2020 versus €5.8B in FY2016, a compound −7.3%/yr. Reported net income was €147M in FY2020, compounding +25.1%/yr from FY2016.
Key figures
Market cap €1.8B · P/S ratio 0.14 · Dividend yield 4.1% · Net margin 3.5% · Return on equity 10.3% · Return on assets (EBIT) 2.0% · Operating margin −1.5% · Revenue (TTM) €12.6B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 44% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 89%, 0BJP screens cheaper than that median.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.
Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.
Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
FCF DCF
€11.30
€14.60
€20.13
78
Growth DCF
€11.65
€14.78
€19.62
76
EPV
€3.31
€3.70
€4.02
74
All 23 models by family
DCF Models
FCF DCF
€11.30
€14.60
€20.13
78
5Y Revenue Exit
€7.28
€9.11
€11.75
71
5Y EBITDA Exit
€8.15
€10.62
€13.90
73
5Y P/E Exit
€6.43
€7.65
€9.14
69
10Y Revenue Exit
€8.91
€10.35
€11.77
65
10Y EBITDA Exit
€9.48
€11.20
€12.92
67
10Y P/E Exit
€8.53
€9.52
€10.37
62
Earnings-Based
Graham-Dodd
€1.10
€1.35
€1.52
65
EPV
€3.31
€3.70
€4.02
74
Dividend Discount
Gordon GGM
€0.4200
€0.4500
€0.5000
67
DDM Multi-Stage
€0.4200
€0.5000
€0.6000
65
Multiples
P/E Multiple
€2.55
€3.40
€4.25
63
P/S Multiple
€2.07
€2.75
€3.44
58
P/B Multiple
€2.07
€2.75
€3.44
55
EV/EBIT
€6.08
€7.96
€9.84
66
EV/EBITDA
€6.57
€8.61
€10.66
67
EV/Revenue
€4.47
€6.19
€7.92
54
Asset-Based
NCAV (Graham)
€0.7900
€1.06
€1.58
54
Growth DCF
Growth DCF
€11.65
€14.78
€19.62
76
Rev-Margin DCF
€7.28
€9.40
€12.13
71
Economic Profit
Residual Income
€1.33
€1.46
€1.65
73
ROIC Compounder
€3.31
€3.79
€4.23
69
Growth Earnings
Growth-Adj P/E
€1.80
€2.57
€3.35
65
Open the full fair value analysis →
Overall quality
42/100
Of which business quality 45
· Market factors (momentum, volatility) 25
Profitability
29
Margins and returns on capital today
Quality Growth
30
Are margins and returns improving?
Cashflow
99
Earnings quality: real cash, not paper profit
Fin. Strength
21
Balance sheet, leverage, solvency risk
Investment
42
Disciplined investing over empire-building
Low Volatility
57
Calm price path (market factor)
Momentum
17
Price trend over the last 3–12 months (market factor)
52W Momentum
2
Distance to the 52-week high (market factor)
Open the full quality analysis →
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate.
Pick a strategy and jump into the live analysis with that exact screen applied.
Is Webuild S.p.A (0BJP) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of €3.69 versus a price of €1.96, about +89% upside (undervalued).
What is the fair value of 0BJP?
Our model-based fair value for Webuild S.p.A is €3.69 (as of Sep 24, 2026), built from audited fundamentals. The current price: €1.96.
What is the quality score of 0BJP?
Webuild S.p.A has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Webuild S.p.A (0BJP)?
Our model-based price target is the fair value of €3.69 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario €2.77, optimistic scenario €4.61. It is a calculation from audited fundamentals, not an analyst target.
What is the Webuild S.p.A stock forecast for 2026?
Our models put fair value at €3.69, about +89% upside versus a price of €1.96 (undervalued). Cautious scenario €2.77, optimistic scenario €4.61. The calculation is refreshed regularly with new filings.
What is the revenue of Webuild S.p.A (0BJP)?
Webuild S.p.A reported trailing-twelve-month revenue of about €12.6B (latest available figure, as of Sep 24, 2026).
Does Webuild S.p.A pay a dividend?
Webuild S.p.A currently shows a dividend yield of about 4.14% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Webuild S.p.A (0BJP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Webuild S.p.A it is €3.69 per share (as of Sep 24, 2026), against a price of €1.96. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Webuild S.p.A stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0BJP trades below its calculated fair value: price €1.96, fair value €3.69, a gap of about +89% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0BJP?
No. The price is what the market pays today (€1.96); the fair value is what the company's own numbers justify (€3.69). For Webuild S.p.A the two are €1.73 per share apart. That gap is exactly why we show both numbers side by side.
How much is Webuild S.p.A worth?
The market values Webuild S.p.A at about €1.8B (market capitalisation, as of Sep 24, 2026). Per share that is €1.96; our models calculate a fair value of €3.69 per share.
What do the bullish and bearish scenarios say about 0BJP?
Our models span a range for Webuild S.p.A: cautious scenario €2.77, base €3.69, optimistic €4.61 per share (as of Sep 24, 2026, price €1.96). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is 0BJP from its 52-week high?
Webuild S.p.A trades at €1.96, about 44% below its 52-week high of €3.51 and 3% above the low of €1.89 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of €3.69 is for.
Which stocks are comparable to Webuild S.p.A?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Webuild S.p.A stock attractive at the current price?
The data as of Sep 24, 2026: price €1.96, calculated fair value €3.69 (+89%), Quality Score 42/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0BJP calculated?
We run Webuild S.p.A through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €3.69, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Webuild S.p.A currently trades 47 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on
is it worth investing now.
What is the share price of Webuild S.p.A (0BJP)?
The closing price on Oct 2, 2026 was €1.96. Our model-based fair value is €3.69, about +89% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Webuild S.p.A right now?
The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (€2.77). The market is more pessimistic than our downside scenario.
Key figures of Webuild S.p.A
How large is the market capitalisation of Webuild S.p.A (0BJP)?
The market capitalisation of Webuild S.p.A is €1.8B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Webuild S.p.A (0BJP)?
The price-to-sales ratio of Webuild S.p.A is 0.14 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Webuild S.p.A (0BJP)?
The dividend yield of Webuild S.p.A is 4.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Webuild S.p.A (0BJP)?
The net margin of Webuild S.p.A is 3.5% (fiscal year 2020). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Webuild S.p.A (0BJP)?
The return on equity (ROE) of Webuild S.p.A is 10.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Webuild S.p.A (0BJP)?
On an EBIT basis the return on assets of Webuild S.p.A is 2.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Webuild S.p.A (0BJP)?
The operating margin of Webuild S.p.A is −1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Webuild S.p.A (0BJP)?
Revenue at Webuild S.p.A is growing +8.1% versus a year earlier (3y avg −7.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Webuild S.p.A (0BJP)?
Earnings per share at Webuild S.p.A are growing −5.1% versus a year earlier. How much earnings per share grew versus a year earlier.
