HEIDELBERG MATERIALS AG (HEI.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:HEI - DE0006047004 - Common Stock
221.3 EUR
+0.7 (+0.32%)
HEI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 14 industry peers in the Construction Materials industry. While HEI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. HEI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HEI was profitable.
In the past year HEI had a positive cash flow from operations.
HEI had positive earnings in 4 of the past 5 years.
In the past 5 years HEI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.14%, HEI is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
HEI's Return On Equity of 10.35% is fine compared to the rest of the industry. HEI outperforms 61.54% of its industry peers.
With a decent Return On Invested Capital value of 7.73%, HEI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
HEI had an Average Return On Invested Capital over the past 3 years of 6.57%. This is in line with the industry average of 7.63%.
The last Return On Invested Capital (7.73%) for HEI is above the 3 year average (6.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 10.35% | ||
| ROIC | 7.73% |
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
HEI has a better Profit Margin (8.42%) than 69.23% of its industry peers.
In the last couple of years the Profit Margin of HEI has grown nicely.
HEI's Operating Margin of 13.55% is fine compared to the rest of the industry. HEI outperforms 61.54% of its industry peers.
HEI's Operating Margin has improved in the last couple of years.
HEI has a Gross Margin of 63.93%. This is in the better half of the industry: HEI outperforms 76.92% of its industry peers.
HEI's Gross Margin has been stable in the last couple of years.
| 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 HEI is still creating some value.
Compared to 1 year ago, HEI has less shares outstanding
HEI has less shares outstanding than it did 5 years ago.
The debt/assets ratio for HEI has been reduced compared to a year ago.
2.2 Solvency
HEI has an Altman-Z score of 2.77. This is not the best score and indicates that HEI is in the grey zone with still only limited risk for bankruptcy at the moment.
HEI has a Altman-Z score of 2.77. This is in the better half of the industry: HEI outperforms 61.54% of its industry peers.
HEI has a debt to FCF ratio of 4.57. This is a neutral value as HEI would need 4.57 years to pay back of all of its debts.
HEI has a Debt to FCF ratio of 4.57. This is in the lower half of the industry: HEI underperforms 61.54% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that HEI is not too dependend on debt financing.
HEI's Debt to Equity ratio of 0.38 is in line compared to the rest of the industry. HEI outperforms 46.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 4.57 | ||
| Altman-Z | 2.77 |
ROIC/WACC1.16
WACC6.66%
2.3 Liquidity
A Current Ratio of 1.13 indicates that HEI should not have too much problems paying its short term obligations.
With a Current ratio value of 1.13, HEI is not doing good in the industry: 92.31% of the companies in the same industry are doing better.
A Quick Ratio of 0.73 indicates that HEI may have some problems paying its short term obligations.
HEI has a Quick ratio of 0.73. This is amonst the worse of the industry: HEI underperforms 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.73 |
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, HEI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.04% on average per year.
Looking at the last year, HEI shows a small growth in Revenue. The Revenue has grown by 4.68% in the last 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%N/A
Revenue 1Y (TTM)4.68%
Revenue growth 3Y10.31%
Revenue growth 5Y5.34%
Sales Q2Q%0.89%
3.2 Future
Based on estimates for the next years, HEI will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.58% on average per year.
HEI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.52% yearly.
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
With a Price/Earnings ratio of 38.09, HEI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of HEI indicates a slightly more expensive valuation: HEI is more expensive than 69.23% of the companies listed in the same industry.
HEI is valuated rather expensively when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 31.88, the valuation of HEI can be described as expensive.
76.92% of the companies in the same industry are cheaper than HEI, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. HEI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.09 | ||
| Fwd PE | 31.88 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HEI indicates a rather expensive valuation: HEI more expensive than 84.62% of the companies listed in the same industry.
76.92% of the companies in the same industry are cheaper than HEI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.86 | ||
| EV/EBITDA | 10.74 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
HEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)6.17
PEG (5Y)3.45
EPS Next 2Y9.35%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.50%, HEI has a reasonable but not impressive dividend return.
HEI's Dividend Yield is slightly below the industry average, which is at 3.11.
Compared to the average S&P500 Dividend Yield of 2.34, HEI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.5% |
5.2 History
On average, the dividend of HEI grows each year by 7.61%, which is quite nice.
Dividend Growth(5Y)7.61%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HEI pays out 33.05% of its income as dividend. This is a sustainable payout ratio.
The dividend of HEI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP33.05%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
FRA:HEI (11/28/2025, 7:00:00 PM)
221.3
+0.7 (+0.32%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners43.87%
Inst Owner ChangeN/A
Ins Owners28.4%
Ins Owner ChangeN/A
Market Cap39.49B
Revenue(TTM)18.07B
Net Income(TTM)1.78B
Analysts73.6
Price Target220.52 (-0.35%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.5% |
Yearly Dividend3.03
Dividend Growth(5Y)7.61%
DP33.05%
Div Incr Years1
Div Non Decr Years4
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)3.51%
PT rev (3m)10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.43%
EPS NY rev (3m)-1.15%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 38.09 | ||
| Fwd PE | 31.88 | ||
| P/S | 1.87 | ||
| P/FCF | 20.86 | ||
| P/OCF | 12 | ||
| P/B | 2.29 | ||
| P/tB | 4.95 | ||
| EV/EBITDA | 10.74 |
EPS(TTM)5.81
EY2.63%
EPS(NY)6.94
Fwd EY3.14%
FCF(TTM)10.61
FCFY4.79%
OCF(TTM)18.44
OCFY8.33%
SpS118.57
BVpS96.5
TBVpS44.7
PEG (NY)6.17
PEG (5Y)3.45
Graham Number112.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.14% | ||
| ROE | 10.35% | ||
| ROCE | 10.33% | ||
| ROIC | 7.73% | ||
| ROICexc | 8.12% | ||
| ROICexgc | 12.48% | ||
| OM | 13.55% | ||
| PM (TTM) | 8.42% | ||
| GM | 63.93% | ||
| FCFM | 8.95% |
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%
ROICexgc growth 3Y8.18%
ROICexgc 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-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 4.57 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 94.45% | ||
| Cap/Sales | 6.61% | ||
| Interest Coverage | 9.11 | ||
| Cash Conversion | 75.7% | ||
| Profit Quality | 106.26% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 2.77 |
F-Score7
WACC6.66%
ROIC/WACC1.16
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%N/A
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%0.89%
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 Year50.17%
EBIT Next 3Y19.81%
EBIT Next 5Y14.63%
FCF growth 1Y61.81%
FCF growth 3Y23.1%
FCF growth 5Y4.23%
OCF growth 1Y27.42%
OCF growth 3Y10.49%
OCF growth 5Y3.94%
HEIDELBERG MATERIALS AG / HEI.DE FAQ
Can you provide the ChartMill fundamental rating for HEIDELBERG MATERIALS AG?
ChartMill assigns a fundamental rating of 5 / 10 to HEI.DE.
What is the valuation status for HEI stock?
ChartMill assigns a valuation rating of 1 / 10 to HEIDELBERG MATERIALS AG (HEI.DE). This can be considered as Overvalued.
What is the profitability of HEI stock?
HEIDELBERG MATERIALS AG (HEI.DE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of HEIDELBERG MATERIALS AG (HEI.DE) stock?
The Price/Earnings (PE) ratio for HEIDELBERG MATERIALS AG (HEI.DE) is 38.09 and the Price/Book (PB) ratio is 2.29.
How financially healthy is HEIDELBERG MATERIALS AG?
The financial health rating of HEIDELBERG MATERIALS AG (HEI.DE) is 4 / 10.