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.
1HEI had a positive operating cash flow in the past year.
Of the past 5 years 1HEI 4 years were profitable.
1HEI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.78%, 1HEI is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
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.
With a decent Return On Invested Capital value of 7.14%, 1HEI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1HEI is in line with the industry average of 7.75%.
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
1HEI has a Profit Margin of 8.42%. This is in the better half of the industry: 1HEI outperforms 61.54% of its industry peers.
1HEI's Profit Margin has improved in the last couple of years.
1HEI has a better Operating Margin (13.55%) than 61.54% of its industry peers.
1HEI's Operating Margin has improved in the last couple of years.
1HEI has a Gross Margin of 63.93%. This is in the better half of the industry: 1HEI outperforms 69.23% 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.
The number of shares outstanding for 1HEI has been reduced compared to 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 2.38 indicates that 1HEI is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of 1HEI (2.38) is better than 69.23% of its industry peers.
1HEI has a debt to FCF ratio of 4.70. This is a neutral value as 1HEI would need 4.70 years to pay back of all of its debts.
1HEI's Debt to FCF ratio of 4.70 is in line compared to the rest of the industry. 1HEI outperforms 53.85% of its industry peers.
1HEI has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
1HEI has a Debt to Equity ratio of 0.36. This is in the better half of the industry: 1HEI outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.36 | ||
| Debt/FCF | 4.7 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.13
WACC6.31%
2.3 Liquidity
A Current Ratio of 1.25 indicates that 1HEI should not have too much problems paying its short term obligations.
1HEI's Current ratio of 1.25 is on the low side compared to the rest of the industry. 1HEI is outperformed by 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's Quick ratio of 0.86 is on the low side compared to the rest of the industry. 1HEI is outperformed by 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
1HEI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.67%, which is quite impressive.
1HEI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.04% yearly.
1HEI shows a small growth in Revenue. In the last year, the Revenue has grown by 4.68%.
Measured over the past years, 1HEI shows a small growth in Revenue. The Revenue has been growing by 5.34% on average per year.
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
1HEI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
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
The Price/Earnings ratio is 30.34, which means the current valuation is very expensive for 1HEI.
Compared to the rest of the industry, the Price/Earnings ratio of 1HEI indicates a slightly more expensive valuation: 1HEI is more expensive than 61.54% of the companies listed in the same industry.
1HEI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 25.40 indicates a quite expensive valuation of 1HEI.
69.23% of the companies in the same industry are cheaper than 1HEI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, 1HEI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.34 | ||
| Fwd PE | 25.4 |
4.2 Price Multiples
1HEI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1HEI is more expensive than 61.54% of the companies in the same industry.
1HEI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.27 | ||
| EV/EBITDA | 8.34 |
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)4.92
PEG (5Y)2.75
EPS Next 2Y9.35%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
1HEI has a Yearly Dividend Yield of 1.81%.
1HEI's Dividend Yield is slightly below the industry average, which is at 3.44.
1HEI's Dividend Yield is slightly below the S&P500 average, which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
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
1HEI pays out 30.65% of its income as dividend. This is a 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 (6/13/2025, 7:00:00 PM)
176.3
+1.4 (+0.8%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners35.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap31.46B
Analysts76.15
Price Target170.57 (-3.25%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
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)5.08%
PT rev (3m)26.9%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.23%
EPS NY rev (3m)1.02%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.77%
Revenue NY rev (3m)-0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.34 | ||
| Fwd PE | 25.4 | ||
| P/S | 1.49 | ||
| P/FCF | 17.27 | ||
| P/OCF | 9.73 | ||
| P/B | 1.67 | ||
| P/tB | 3.36 | ||
| EV/EBITDA | 8.34 |
EPS(TTM)5.81
EY3.3%
EPS(NY)6.94
Fwd EY3.94%
FCF(TTM)10.21
FCFY5.79%
OCF(TTM)18.11
OCFY10.27%
SpS118.57
BVpS105.34
TBVpS52.54
PEG (NY)4.92
PEG (5Y)2.75
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 | 2.38 |
F-Score6
WACC6.31%
ROIC/WACC1.13
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 5Y10.68%
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%