HEIDELBERG MATERIALS AG (1HEI.MI) Stock Fundamental Analysis
BIT:1HEI - Euronext Milan - DE0006047004 - Common Stock - Currency: EUR
Taking everything into account, 1HEI scores 5 out of 10 in our fundamental rating. 1HEI was compared to 13 industry peers in the Construction Materials industry. 1HEI has an excellent profitability rating, but there are some minor concerns on its financial health. While showing a medium growth rate, 1HEI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
1HEI had positive earnings in the past year.
In the past year 1HEI had a positive cash flow from operations.
1HEI had positive earnings in 4 of the past 5 years.
1HEI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1HEI has a Return On Assets of 4.78%. This is in the better half of the industry: 1HEI outperforms 61.54% of its industry peers.
1HEI has a Return On Equity of 9.48%. This is in the better half of the industry: 1HEI outperforms 61.54% of its industry peers.
1HEI has a better Return On Invested Capital (7.14%) than 61.54% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1HEI is in line with the industry average of 7.71%.
The 3 year average ROIC (6.57%) for 1HEI is below the current ROIC(7.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 9.48% | ||
| ROIC | 7.14% |
ROA(3y)5.01%
ROA(5y)2.72%
ROE(3y)10.11%
ROE(5y)5.12%
ROIC(3y)6.57%
ROIC(5y)6.16%
1.3 Margins
The Profit Margin of 1HEI (8.42%) is better than 61.54% of its industry peers.
1HEI's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 13.55%, 1HEI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
1HEI's Operating Margin has improved in the last couple of years.
1HEI's Gross Margin of 63.93% is fine compared to the rest of the industry. 1HEI outperforms 61.54% of its industry peers.
In the last couple of years the Gross Margin of 1HEI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.55% | ||
| PM (TTM) | 8.42% | ||
| GM | 63.93% |
OM growth 3Y8.85%
OM growth 5Y7.42%
PM growth 3Y-3.58%
PM growth 5Y7.79%
GM growth 3Y1.33%
GM growth 5Y1.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1HEI is still creating some value.
1HEI has less shares outstanding than it did 1 year ago.
1HEI has less shares outstanding than it did 5 years ago.
1HEI has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.52 indicates that 1HEI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of 1HEI (2.52) is better than 76.92% of its industry peers.
The Debt to FCF ratio of 1HEI is 4.70, which is a neutral value as it means it would take 1HEI, 4.70 years of fcf income to pay off all of its debts.
1HEI has a Debt to FCF ratio (4.70) which is in line with its industry peers.
A Debt/Equity ratio of 0.36 indicates that 1HEI is not too dependend on debt financing.
The Debt to Equity ratio of 1HEI (0.36) is better than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.7 | ||
| Altman-Z | 2.52 |
ROIC/WACC1.11
WACC6.45%
2.3 Liquidity
1HEI has a Current Ratio of 1.25. This is a normal value and indicates that 1HEI is financially healthy and should not expect problems in meeting its short term obligations.
1HEI has a Current ratio of 1.25. This is in the lower half of the industry: 1HEI underperforms 76.92% of its industry peers.
1HEI has a Quick Ratio of 1.25. This is a bad value and indicates that 1HEI is not financially healthy enough and could expect problems in meeting its short term obligations.
1HEI has a worse Quick ratio (0.86) than 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.67% over the past year.
Measured over the past years, 1HEI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.04% on average per year.
The Revenue has been growing slightly by 4.68% in the past year.
The Revenue has been growing slightly by 5.34% on average over the past years.
EPS 1Y (TTM)25.67%
EPS 3Y12.66%
EPS 5Y11.04%
EPS Q2Q%2.28%
Revenue 1Y (TTM)4.68%
Revenue growth 3Y10.31%
Revenue growth 5Y5.34%
Sales Q2Q%6.12%
3.2 Future
Based on estimates for the next years, 1HEI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.58% on average per year.
The Revenue is expected to grow by 3.52% on average over the next years.
EPS Next Y6.17%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
EPS Next 5Y12.58%
Revenue Next Year6.26%
Revenue Next 2Y-1%
Revenue Next 3Y1.22%
Revenue Next 5Y3.52%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.44, the valuation of 1HEI can be described as expensive.
Based on the Price/Earnings ratio, 1HEI is valued a bit more expensive than the industry average as 69.23% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.91. 1HEI is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 28.83, 1HEI can be considered very expensive at the moment.
1HEI's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. 1HEI is more expensive than 69.23% of the companies in the same industry.
1HEI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 37.11, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.44 | ||
| Fwd PE | 28.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1HEI indicates a slightly more expensive valuation: 1HEI is more expensive than 76.92% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 1HEI is valued a bit more expensive than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.6 | ||
| EV/EBITDA | 9.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
1HEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)5.58
PEG (5Y)3.12
EPS Next 2Y9.35%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
1HEI has a Yearly Dividend Yield of 1.66%.
Compared to an average industry Dividend Yield of 3.48, 1HEI is paying slightly less dividend.
1HEI's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
5.2 History
The dividend of 1HEI is nicely growing with an annual growth rate of 7.61%!
Dividend Growth(5Y)7.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
30.65% of the earnings are spent on dividend by 1HEI. This is a low number and sustainable payout ratio.
1HEI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.65%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
BIT:1HEI (7/24/2025, 7:00:00 PM)
200.1
+2.7 (+1.37%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners37.1%
Inst Owner ChangeN/A
Ins Owners28.4%
Ins Owner ChangeN/A
Market Cap35.70B
Analysts73.33
Price Target189.11 (-5.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.66% |
Yearly Dividend3.03
Dividend Growth(5Y)7.61%
DP30.65%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.33%
Min Revenue beat(2)1.11%
Max Revenue beat(2)1.55%
Revenue beat(4)2
Avg Revenue beat(4)-1.01%
Min Revenue beat(4)-5.48%
Max Revenue beat(4)1.55%
Revenue beat(8)2
Avg Revenue beat(8)-1.65%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.87%
PT rev (3m)16.5%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.44 | ||
| Fwd PE | 28.83 | ||
| P/S | 1.69 | ||
| P/FCF | 19.6 | ||
| P/OCF | 11.05 | ||
| P/B | 1.9 | ||
| P/tB | 3.81 | ||
| EV/EBITDA | 9.3 |
EPS(TTM)5.81
EY2.9%
EPS(NY)6.94
Fwd EY3.47%
FCF(TTM)10.21
FCFY5.1%
OCF(TTM)18.11
OCFY9.05%
SpS118.57
BVpS105.34
TBVpS52.54
PEG (NY)5.58
PEG (5Y)3.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 9.48% | ||
| ROCE | 9.54% | ||
| ROIC | 7.14% | ||
| ROICexc | 7.99% | ||
| ROICexgc | 12.31% | ||
| OM | 13.55% | ||
| PM (TTM) | 8.42% | ||
| GM | 63.93% | ||
| FCFM | 8.61% |
ROA(3y)5.01%
ROA(5y)2.72%
ROE(3y)10.11%
ROE(5y)5.12%
ROIC(3y)6.57%
ROIC(5y)6.16%
ROICexc(3y)7.24%
ROICexc(5y)6.85%
ROICexgc(3y)11.06%
ROICexgc(5y)10.59%
ROCE(3y)8.78%
ROCE(5y)8.23%
ROICexcg growth 3Y8.18%
ROICexcg growth 5Y7.28%
ROICexc growth 3Y8.47%
ROICexc growth 5Y10.51%
OM growth 3Y8.85%
OM growth 5Y7.42%
PM growth 3Y-3.58%
PM growth 5Y7.79%
GM growth 3Y1.33%
GM growth 5Y1.2%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.7 | ||
| Debt/EBITDA | 1.54 | ||
| Cap/Depr | 91.27% | ||
| Cap/Sales | 6.67% | ||
| Interest Coverage | 8.08 | ||
| Cash Conversion | 73.24% | ||
| Profit Quality | 102.23% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.52 |
F-Score6
WACC6.45%
ROIC/WACC1.11
Cap/Depr(3y)98.1%
Cap/Depr(5y)88.57%
Cap/Sales(3y)6.42%
Cap/Sales(5y)6.47%
Profit Quality(3y)89.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.67%
EPS 3Y12.66%
EPS 5Y11.04%
EPS Q2Q%2.28%
EPS Next Y6.17%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
EPS Next 5Y12.58%
Revenue 1Y (TTM)4.68%
Revenue growth 3Y10.31%
Revenue growth 5Y5.34%
Sales Q2Q%6.12%
Revenue Next Year6.26%
Revenue Next 2Y-1%
Revenue Next 3Y1.22%
Revenue Next 5Y3.52%
EBIT growth 1Y8.81%
EBIT growth 3Y13.38%
EBIT growth 5Y9.93%
EBIT Next Year50.77%
EBIT Next 3Y19.61%
EBIT Next 5Y13.39%
FCF growth 1Y-2.87%
FCF growth 3Y23.1%
FCF growth 5Y4.23%
OCF growth 1Y0.83%
OCF growth 3Y10.49%
OCF growth 5Y3.94%