Koninklijke BAM Groep NV
AEX:BAMNB

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Koninklijke BAM Groep NV Logo
Koninklijke BAM Groep NV
AEX:BAMNB
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Price: 9.025 EUR -3.01% Market Closed
Market Cap: €2.5B

EV/EBIT

7.9
Current
45%
More Expensive
vs 3-y median of 5.4

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
7.9
=
Enterprise Value
€1.7B
/
EBIT
€214.7m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
7.9
=
Enterprise Value
€1.7B
/
EBIT
€214.7m

Valuation Scenarios

Koninklijke BAM Groep NV is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (5.4), the stock would be worth €6.23 (31% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-74%
Maximum Upside
+99%
Average Upside
10%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 7.9 €9.03
0%
3-Year Average 5.4 €6.23
-31%
5-Year Average 2.1 €2.36
-74%
Industry Average 11.5 €13.28
+47%
Country Average 15.6 €17.95
+99%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€1.7B
/
Jan 2026
€214.7m
=
7.9
Current
€1.7B
/
Dec 2026
€251.9m
=
6.9
Forward
€1.7B
/
Dec 2027
€297.7m
=
5.8
Forward
€1.7B
/
Dec 2028
€297m
=
5.9
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
NL
Koninklijke BAM Groep NV
AEX:BAMNB
2.3B EUR 7.9 11
JP
Sumitomo Densetsu Co Ltd
TSE:1949
35.2T JPY 11.5 19.9
FR
Vinci SA
PAR:DG
73.2B EUR 9.7 14.9
US
Quanta Services Inc
NYSE:PWR
83.9B USD 57.2 81.7
IN
Larsen & Toubro Ltd
NSE:LT
5T INR 21.7 30.5
US
Comfort Systems USA Inc
NYSE:FIX
49.9B USD 37.2 48.8
IN
Larsen and Toubro Ltd
F:LTO
42.6B EUR 20 28.1
NL
Ferrovial SE
AEX:FER
41.3B EUR 49.3 46.5
ES
Ferrovial SA
MAD:FER
41.3B EUR 49.6 46.7
DE
Hochtief AG
XETRA:HOT
30.6B EUR 15 33.8
US
EMCOR Group Inc
NYSE:EME
33.7B USD 20.6 26.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NL
Koninklijke BAM Groep NV
AEX:BAMNB
Average EV/EBIT: 27.3
7.9
11%
0.7
JP
Sumitomo Densetsu Co Ltd
TSE:1949
11.5
N/A N/A
FR
Vinci SA
PAR:DG
9.7
7%
1.4
US
Quanta Services Inc
NYSE:PWR
57.2
24%
2.4
IN
Larsen & Toubro Ltd
NSE:LT
21.7
20%
1.1
US
Comfort Systems USA Inc
NYSE:FIX
37.2
22%
1.7
IN
Larsen and Toubro Ltd
F:LTO
20
20%
1
NL
Ferrovial SE
AEX:FER
49.3
13%
3.8
ES
Ferrovial SA
MAD:FER
49.6
13%
3.8
DE
H
Hochtief AG
XETRA:HOT
15
5%
3
US
EMCOR Group Inc
NYSE:EME
20.6
11%
1.9

Market Distribution

Lower than 87% of companies in Netherlands
Percentile
13th
Based on 400 companies
13th percentile
7.9
Low
0 — 12.2
Typical Range
12.2 — 20.9
High
20.9 —
Distribution Statistics
Netherlands
Min 0
30th Percentile 12.2
Median 15.6
70th Percentile 20.9
Max 706

Koninklijke BAM Groep NV
Glance View

Koninklijke BAM Groep NV, commonly known as BAM, is a titan in the European construction sector, with roots stretching back to 1869. Headquartered in the Netherlands, this colossal entity has masterfully woven itself into the very fabric of Europe’s infrastructure through a diverse portfolio of construction and engineering projects. The company operates through various segments including construction and property, civil engineering, and public-private partnerships (PPP). Its activities range from building residential and commercial properties to constructing vital roads, railways, and other infrastructural necessities. BAM’s specialization in sustainable building solutions showcases its commitment not only to innovation but also to an environmentally conscious approach in its operations. Sustainability is ingrained in its core mission, aiming not just to build, but to innovate and shape a sustainable future. What truly sets BAM apart is its integrated approach across the construction value chain. The company doesn’t just erect structures; it manages projects from conception through to completion, ensuring seamless delivery. Through its PPP model, BAM collaborates with governmental bodies to finance, design, construct, and often operate major infrastructure projects, creating a steady flow of revenue while diversifying financial risk. This model allows BAM to stand resilient during economic ebbs and flows, balancing its traditional contracting services with long-term asset management. Its strategic emphasis on forging strong client relationships and leveraging its vast expertise ensures a steady pipeline of projects, positioning BAM not merely as another construction firm, but as a cornerstone in the evolving landscape of European infrastructure development.

BAMNB Intrinsic Value
11.283 EUR
Undervaluation 20%
Intrinsic Value
Price €9.025
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