Balfour Beatty plc finances (BLFBY) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Balfour Beatty plc finances $25.06, price $24.26, upside +3.3%, quality 72 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $4.92 – $27.84 · fair‑value band $18.80 – $35.65 · the $24.26 price screens below the $25.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Balfour Beatty plc finances, develops, builds, maintains, and operates infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, Infrastructure Investments.
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Balfour Beatty plc finances, develops, builds, maintains, and operates infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants. It also offers a range of services, including design and/or build, mechanical and electrical engineering, shell and core and/or fit-out, and interior refurbishment; support services to various utility assets comprising servicing of power transmission and distribution assets, as well as construction and maintenance of electricity networks, including replacement or new build of overhead lines, underground cabling, cable tunnels, and offshore wind farm maintenance; and maintenance, asset and network management, and design services for highways, railways, and public assets. In addition, the company operates a portfolio of service concession assets comprising roads, healthcare, student accommodation, biomass, and waste and offshore transmission sectors; offers real estate management services, such as property development and asset management services; and develops housing units on land. Balfour Beatty plc was founded in 1909 and is based in London, the United Kingdom.
Stock analysis
Balfour Beatty plc finances (BLFBY) currently trades at $24.26, while our model-based Fair Value estimate is $25.06, so the stock looks roughly fairly valued today (gap 3.2%).
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Valuation
Bull case: the DCF Models group reads highest at a median of $38.86 per share, and 16 of the 26 models we run sit above the $24.26 price.
Bear case: the Asset-Based group reads lowest at $4.27, and 10 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: $18.80 (bear) to $35.65 (bull), the price of $24.26 sits inside 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 72/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Balfour Beatty plc finances reported revenue of £9.5B in FY2025 versus £7.2B in FY2021, a compound +7.2%/yr. Reported net income was £263M in FY2025, compounding +17.1%/yr from FY2021.
Key figures
Market cap $5.6B · P/E ratio 17.3 · P/S ratio 0.48 · EPS (TTM) $1.40 · Dividend yield 0.6% · Net margin 2.8% · Return on equity 23.1% · Return on assets (EBIT) 2.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 48% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 3%, BLFBY screens cheaper than that median.
Fair Value models
Bear $18.80Fair Value $25.06Bull $35.65
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($0.9528 per share) are deliberately not added.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.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.70/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+15.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.3%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+33.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+32.7%
Dividend (yield on the price)0.6%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 2%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−0.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in GBP, UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about −2.5% a year for the price and +3.0% for the forecasts.
Compare Balfour Beatty plc finances with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Engineering & Construction · 789 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside+0.6% · Above median
Profitability
Return on equity (TTM)23.1% · Top 25%
Return on assets1.6% · Below median
Net margin (TTM)2.8% · Below median
Operating margin (TTM)2.1% · Below median
Growth and dividend
Revenue growth14.2% · Above median
Dividend yield (TTM)0.6% · Bottom 25%
Balance sheet
Debt / equity0.63× · Highest 25%
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
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Is Balfour Beatty plc finances (BLFBY) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $25.06 versus a price of $24.26, about +3% upside (fairly valued).
What is the fair value of BLFBY?
Our model-based fair value for Balfour Beatty plc finances is $25.06 (as of Sep 24, 2026), built from audited fundamentals. The current price: $24.26.
What is the quality score of BLFBY?
Balfour Beatty plc finances has a Quality Score of 72/100. 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 Balfour Beatty plc finances (BLFBY)?
Our model-based price target is the fair value of $25.06 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario $18.80, optimistic scenario $35.65. It is a calculation from audited fundamentals, not an analyst target.
What is the Balfour Beatty plc finances stock forecast for 2026?
Our models put fair value at $25.06, about +3% upside versus a price of $24.26 (fairly valued). Cautious scenario $18.80, optimistic scenario $35.65. The calculation is refreshed regularly with new filings.
What is the revenue of Balfour Beatty plc finances (BLFBY)?
Balfour Beatty plc finances reported trailing-twelve-month revenue of about £9.5B (latest available figure, as of Sep 24, 2026).
Does Balfour Beatty plc finances pay a dividend?
Balfour Beatty plc finances currently shows a dividend yield of about 0.58% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Balfour Beatty plc finances (BLFBY)?
For today's price to be fair in a discounted-cash-flow model, Balfour Beatty plc finances would have to grow free cash flow by -0.2 % per year for five years (discount rate 8.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.3 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of BLFBY use?
Our models discount Balfour Beatty plc finances at 8.8 %: a base by market capitalisation (mid), damped by beta 0.60, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Balfour Beatty plc finances that is -0.2 % per year a year over ten years, using the same discount rate (8.8 %) and the same formula as our fair value.
How much growth has Balfour Beatty plc finances (BLFBY) delivered so far?
Over the past 5 years revenue at Balfour Beatty plc finances grew +5.3 % a year. The price currently implies -0.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Balfour Beatty plc finances (BLFBY) growing?
The median revenue growth in the sector is +7.3 % a year. That is the yardstick for the growth priced into Balfour Beatty plc finances (-0.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Balfour Beatty plc finances (BLFBY)?
The free-cash-flow yield on the price is 6.80 %: that much free cash flow Balfour Beatty plc finances produces per unit of market value. When it exceeds the discount rate of our models (8.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Balfour Beatty plc finances (BLFBY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Balfour Beatty plc finances it is $25.06 per share (as of Sep 24, 2026), against a price of $24.26. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Balfour Beatty plc finances stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BLFBY trades below its calculated fair value: price $24.26, fair value $25.06, a gap of about +3% (fairly valued). 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 BLFBY?
No. The price is what the market pays today ($24.26); the fair value is what the company's own numbers justify ($25.06). For Balfour Beatty plc finances the two are $0.8000 per share apart. That gap is exactly why we show both numbers side by side.
How much is Balfour Beatty plc finances worth?
The market values Balfour Beatty plc finances at about $5.6B (market capitalisation, as of Sep 24, 2026). Per share that is $24.26; our models calculate a fair value of $25.06 per share.
What do the bullish and bearish scenarios say about BLFBY?
Our models span a range for Balfour Beatty plc finances: cautious scenario $18.80, base $25.06, optimistic $35.65 per share (as of Sep 24, 2026, price $24.26). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BLFBY?
Balfour Beatty plc finances trades at a price-to-earnings ratio of 17.3 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $25.06 is built from several models across several years. Other multiples: P/B 3.7, P/S 0.4, EV/EBITDA 17.0.
How solid is the balance sheet of Balfour Beatty plc finances (BLFBY)?
Balance-sheet figures for Balfour Beatty plc finances (as of Sep 24, 2026): return on equity 23.1%, debt of 0.63 per unit of equity. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is BLFBY from its 52-week high?
Balfour Beatty plc finances trades at $24.26, about 13% below its 52-week high of $27.84 and 48% above the low of $16.38 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $25.06 is for.
Which stocks are comparable to Balfour Beatty plc finances?
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 Balfour Beatty plc finances stock attractive at the current price?
The data as of Sep 24, 2026: price $24.26, calculated fair value $25.06 (+3%), Quality Score 72/100, from 26 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 BLFBY calculated?
We run Balfour Beatty plc finances through 26 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 $25.06, 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. Balfour Beatty plc finances currently trades 3 % 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 Balfour Beatty plc finances (BLFBY)?
The closing price on Oct 2, 2026 was $24.26. Our model-based fair value is $25.06, about +3% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Balfour Beatty plc finances right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range ($18.80 to $35.65) leaves room in how you read the outcome.
Key figures of Balfour Beatty plc finances
How large is the market capitalisation of Balfour Beatty plc finances (BLFBY)?
The market capitalisation of Balfour Beatty plc finances is $5.6B. 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 Balfour Beatty plc finances (BLFBY)?
The price-to-sales ratio of Balfour Beatty plc finances is 0.48 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Balfour Beatty plc finances (BLFBY)?
Earnings per share at Balfour Beatty plc finances are $1.40 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Balfour Beatty plc finances (BLFBY)?
The dividend yield of Balfour Beatty plc finances is 0.6% (payout 10.0%). 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 Balfour Beatty plc finances (BLFBY)?
The net margin of Balfour Beatty plc finances is 2.8% (fiscal year 2025). 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 Balfour Beatty plc finances (BLFBY)?
The return on equity (ROE) of Balfour Beatty plc finances is 23.1% (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 Balfour Beatty plc finances (BLFBY)?
On an EBIT basis the return on assets of Balfour Beatty plc finances is 2.1% (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 Balfour Beatty plc finances (BLFBY)?
The operating margin of Balfour Beatty plc finances is 2.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Balfour Beatty plc finances (BLFBY)?
Revenue at Balfour Beatty plc finances is growing +14.2% versus a year earlier (3y avg +7.5%). 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 Balfour Beatty plc finances (BLFBY)?
Earnings per share at Balfour Beatty plc finances are growing +108% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Sep 24, 2026