CEMENTIR HOLDING NV (CEM.MI) Stock Fundamental Analysis
BIT:CEM - Euronext Milan - NL0013995087 - Common Stock - Currency: EUR
CEM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 12 industry peers in the Construction Materials industry. CEM gets an excellent profitability rating and is at the same time showing great financial health properties. CEM has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year CEM was profitable.
In the past year CEM had a positive cash flow from operations.
CEM had positive earnings in each of the past 5 years.
CEM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CEM has a Return On Assets of 7.32%. This is amongst the best in the industry. CEM outperforms 83.33% of its industry peers.
The Return On Equity of CEM (11.74%) is better than 83.33% of its industry peers.
CEM's Return On Invested Capital of 8.19% is amongst the best of the industry. CEM outperforms 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CEM is in line with the industry average of 7.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.32% | ||
| ROE | 11.74% | ||
| ROIC | 8.19% |
ROA(3y)7.27%
ROA(5y)6.35%
ROE(3y)12.33%
ROE(5y)11.41%
ROIC(3y)8.33%
ROIC(5y)8.07%
1.3 Margins
CEM's Profit Margin of 11.95% is amongst the best of the industry. CEM outperforms 91.67% of its industry peers.
In the last couple of years the Profit Margin of CEM has grown nicely.
With a decent Operating Margin value of 14.57%, CEM is doing good in the industry, outperforming 75.00% of the companies in the same industry.
In the last couple of years the Operating Margin of CEM has grown nicely.
With a Gross Margin value of 58.03%, CEM perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
In the last couple of years the Gross Margin of CEM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.57% | ||
| PM (TTM) | 11.95% | ||
| GM | 58.03% |
OM growth 3Y3.69%
OM growth 5Y3.57%
PM growth 3Y12.78%
PM growth 5Y11.63%
GM growth 3Y-1.17%
GM growth 5Y4.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CEM is still creating some value.
The number of shares outstanding for CEM remains at a similar level compared to 1 year ago.
The number of shares outstanding for CEM has been reduced compared to 5 years ago.
The debt/assets ratio for CEM has been reduced compared to a year ago.
2.2 Solvency
CEM has an Altman-Z score of 3.57. This indicates that CEM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.57, CEM belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
CEM has a debt to FCF ratio of 0.92. This is a very positive value and a sign of high solvency as it would only need 0.92 years to pay back of all of its debts.
CEM's Debt to FCF ratio of 0.92 is amongst the best of the industry. CEM outperforms 100.00% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that CEM is not too dependend on debt financing.
CEM has a better Debt to Equity ratio (0.09) than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.92 | ||
| Altman-Z | 3.57 |
ROIC/WACC1.05
WACC7.77%
2.3 Liquidity
CEM has a Current Ratio of 1.85. This is a normal value and indicates that CEM is financially healthy and should not expect problems in meeting its short term obligations.
CEM's Current ratio of 1.85 is fine compared to the rest of the industry. CEM outperforms 75.00% of its industry peers.
A Quick Ratio of 1.40 indicates that CEM should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.40, CEM belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.4 |
3. Growth
3.1 Past
CEM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.14%.
CEM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.81% yearly.
Looking at the last year, CEM shows a decrease in Revenue. The Revenue has decreased by -0.43% in the last year.
CEM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.84% yearly.
EPS 1Y (TTM)0.14%
EPS 3Y21.42%
EPS 5Y19.81%
EPS Q2Q%-5.77%
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y7.45%
Revenue growth 5Y6.84%
Sales Q2Q%2.53%
3.2 Future
The Earnings Per Share is expected to grow by 5.60% on average over the next years.
CEM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.86% yearly.
EPS Next Y3.3%
EPS Next 2Y4.66%
EPS Next 3Y5.6%
EPS Next 5YN/A
Revenue Next Year4.59%
Revenue Next 2Y5.06%
Revenue Next 3Y5.31%
Revenue Next 5Y3.86%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 10.06, which indicates a very decent valuation of CEM.
Compared to the rest of the industry, the Price/Earnings ratio of CEM indicates a somewhat cheap valuation: CEM is cheaper than 66.67% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CEM to the average of the S&P500 Index (28.04), we can say CEM is valued rather cheaply.
CEM is valuated reasonably with a Price/Forward Earnings ratio of 10.02.
CEM's Price/Forward Earnings ratio is in line with the industry average.
CEM's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 10.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CEM is valued cheaper than 91.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CEM is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.62 | ||
| EV/EBITDA | 4.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CEM does not grow enough to justify the current Price/Earnings ratio.
CEM has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.05
PEG (5Y)0.51
EPS Next 2Y4.66%
EPS Next 3Y5.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.90%, CEM has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.62, CEM is paying slightly less dividend.
CEM's Dividend Yield is comparable with the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of CEM is nicely growing with an annual growth rate of 16.93%!
Dividend Growth(5Y)16.93%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CEM pays out 28.87% of its income as dividend. This is a sustainable payout ratio.
CEM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP28.87%
EPS Next 2Y4.66%
EPS Next 3Y5.6%
BIT:CEM (7/25/2025, 7:00:00 PM)
13.08
+0.08 (+0.62%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners10.12%
Inst Owner ChangeN/A
Ins Owners72.26%
Ins Owner ChangeN/A
Market Cap2.08B
Analysts73.33
Price Target15.01 (14.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend0.37
Dividend Growth(5Y)16.93%
DP28.87%
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
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)2.78%
PT rev (3m)7.01%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.06 | ||
| Fwd PE | 10.02 | ||
| P/S | 1.23 | ||
| P/FCF | 9.62 | ||
| P/OCF | 6.05 | ||
| P/B | 1.21 | ||
| P/tB | 1.94 | ||
| EV/EBITDA | 4.5 |
EPS(TTM)1.3
EY9.94%
EPS(NY)1.3
Fwd EY9.98%
FCF(TTM)1.36
FCFY10.39%
OCF(TTM)2.16
OCFY16.52%
SpS10.6
BVpS10.79
TBVpS6.75
PEG (NY)3.05
PEG (5Y)0.51
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.32% | ||
| ROE | 11.74% | ||
| ROCE | 10.97% | ||
| ROIC | 8.19% | ||
| ROICexc | 10.56% | ||
| ROICexgc | 16.76% | ||
| OM | 14.57% | ||
| PM (TTM) | 11.95% | ||
| GM | 58.03% | ||
| FCFM | 12.82% |
ROA(3y)7.27%
ROA(5y)6.35%
ROE(3y)12.33%
ROE(5y)11.41%
ROIC(3y)8.33%
ROIC(5y)8.07%
ROICexc(3y)10.65%
ROICexc(5y)10.32%
ROICexgc(3y)17.16%
ROICexgc(5y)17.1%
ROCE(3y)11.16%
ROCE(5y)10.8%
ROICexcg growth 3Y2.63%
ROICexcg growth 5Y9%
ROICexc growth 3Y2.86%
ROICexc growth 5Y8.55%
OM growth 3Y3.69%
OM growth 5Y3.57%
PM growth 3Y12.78%
PM growth 5Y11.63%
GM growth 3Y-1.17%
GM growth 5Y4.19%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.92 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 89.61% | ||
| Cap/Sales | 7.57% | ||
| Interest Coverage | 20.9 | ||
| Cash Conversion | 88.58% | ||
| Profit Quality | 107.25% | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.4 | ||
| Altman-Z | 3.57 |
F-Score6
WACC7.77%
ROIC/WACC1.05
Cap/Depr(3y)85.34%
Cap/Depr(5y)77.33%
Cap/Sales(3y)6.65%
Cap/Sales(5y)6.15%
Profit Quality(3y)104.05%
Profit Quality(5y)121.12%
High Growth Momentum
Growth
EPS 1Y (TTM)0.14%
EPS 3Y21.42%
EPS 5Y19.81%
EPS Q2Q%-5.77%
EPS Next Y3.3%
EPS Next 2Y4.66%
EPS Next 3Y5.6%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.43%
Revenue growth 3Y7.45%
Revenue growth 5Y6.84%
Sales Q2Q%2.53%
Revenue Next Year4.59%
Revenue Next 2Y5.06%
Revenue Next 3Y5.31%
Revenue Next 5Y3.86%
EBIT growth 1Y-4.92%
EBIT growth 3Y11.41%
EBIT growth 5Y10.66%
EBIT Next Year58.9%
EBIT Next 3Y20.31%
EBIT Next 5Y73.49%
FCF growth 1Y11.58%
FCF growth 3Y16.35%
FCF growth 5Y7.34%
OCF growth 1Y14.49%
OCF growth 3Y16.24%
OCF growth 5Y9.84%