HOLCIM LTD (HLBN.DE) Stock Fundamental Analysis
FRA:HLBN - Deutsche Boerse Ag - CH0012214059 - Common Stock - Currency: EUR
We assign a fundamental rating of 5 out of 10 to HLBN. HLBN was compared to 12 industry peers in the Construction Materials industry. While HLBN has a great profitability rating, there are some minor concerns on its financial health. HLBN 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 HLBN was profitable.
HLBN had a positive operating cash flow in the past year.
HLBN had positive earnings in each of the past 5 years.
In the past 5 years HLBN always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HLBN (5.38%) is better than 75.00% of its industry peers.
The Return On Equity of HLBN (10.73%) is better than 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.46%, HLBN is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
HLBN had an Average Return On Invested Capital over the past 3 years of 6.46%. This is in line with the industry average of 7.82%.
The 3 year average ROIC (6.46%) for HLBN is below the current ROIC(7.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 10.73% | ||
| ROIC | 7.46% |
ROA(3y)5.62%
ROA(5y)4.77%
ROE(3y)11.3%
ROE(5y)9.72%
ROIC(3y)6.46%
ROIC(5y)6.04%
1.3 Margins
The Profit Margin of HLBN (11.07%) is better than 83.33% of its industry peers.
HLBN's Profit Margin has improved in the last couple of years.
The Operating Margin of HLBN (16.58%) is better than 91.67% of its industry peers.
HLBN's Operating Margin has improved in the last couple of years.
HLBN's Gross Margin of 44.22% is in line compared to the rest of the industry. HLBN outperforms 41.67% of its industry peers.
In the last couple of years the Gross Margin of HLBN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.58% | ||
| PM (TTM) | 11.07% | ||
| GM | 44.22% |
OM growth 3Y4.25%
OM growth 5Y6.16%
PM growth 3Y9.2%
PM growth 5Y5.79%
GM growth 3Y0.94%
GM growth 5Y0.93%
2. Health
2.1 Basic Checks
HLBN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for HLBN has been reduced compared to 1 year ago.
Compared to 5 years ago, HLBN has less shares outstanding
The debt/assets ratio for HLBN has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.83 indicates that HLBN is not a great score, but indicates only limited risk for bankruptcy at the moment.
HLBN's Altman-Z score of 2.83 is fine compared to the rest of the industry. HLBN outperforms 75.00% of its industry peers.
The Debt to FCF ratio of HLBN is 3.45, which is a good value as it means it would take HLBN, 3.45 years of fcf income to pay off all of its debts.
HLBN has a Debt to FCF ratio of 3.45. This is in the better half of the industry: HLBN outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that HLBN is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.44, HLBN perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.45 | ||
| Altman-Z | 2.83 |
ROIC/WACC1.62
WACC4.61%
2.3 Liquidity
A Current Ratio of 1.25 indicates that HLBN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.25, HLBN is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
HLBN has a Quick Ratio of 1.25. This is a bad value and indicates that HLBN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.93, HLBN is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
HLBN shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.24%.
The Earnings Per Share has been growing slightly by 7.24% on average over the past years.
HLBN shows a decrease in Revenue. In the last year, the revenue decreased by -2.23%.
Measured over the past years, HLBN shows a decrease in Revenue. The Revenue has been decreasing by -0.24% on average per year.
EPS 1Y (TTM)-2.24%
EPS 3Y11.85%
EPS 5Y7.24%
EPS Q2Q%-3.15%
Revenue 1Y (TTM)-2.23%
Revenue growth 3Y-0.53%
Revenue growth 5Y-0.24%
Sales Q2Q%-2.5%
3.2 Future
Based on estimates for the next years, HLBN will show a small growth in Earnings Per Share. The EPS will grow by 4.58% on average per year.
HLBN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.15% yearly.
EPS Next Y10.1%
EPS Next 2Y7.51%
EPS Next 3Y8.35%
EPS Next 5Y4.58%
Revenue Next Year1.97%
Revenue Next 2Y3.05%
Revenue Next 3Y3.53%
Revenue Next 5Y0.15%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 17.88, which indicates a rather expensive current valuation of HLBN.
HLBN's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of HLBN to the average of the S&P500 Index (26.17), we can say HLBN is valued slightly cheaper.
The Price/Forward Earnings ratio is 14.47, which indicates a correct valuation of HLBN.
The rest of the industry has a similar Price/Forward Earnings ratio as HLBN.
The average S&P500 Price/Forward Earnings ratio is at 22.10. HLBN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 14.47 |
4.2 Price Multiples
HLBN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HLBN is more expensive than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HLBN is valued a bit cheaper than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.49 | ||
| EV/EBITDA | 9.81 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of HLBN may justify a higher PE ratio.
PEG (NY)1.77
PEG (5Y)2.47
EPS Next 2Y7.51%
EPS Next 3Y8.35%
5. Dividend
5.1 Amount
HLBN has a Yearly Dividend Yield of 3.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.51, HLBN has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, HLBN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of HLBN is nicely growing with an annual growth rate of 39.59%!
Dividend Growth(5Y)39.59%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
53.73% of the earnings are spent on dividend by HLBN. This is a bit on the high side, but may be sustainable.
HLBN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP53.73%
EPS Next 2Y7.51%
EPS Next 3Y8.35%
FRA:HLBN (5/28/2025, 7:00:00 PM)
99.96
-1.44 (-1.42%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners40.64%
Inst Owner ChangeN/A
Ins Owners6.59%
Ins Owner ChangeN/A
Market Cap57.89B
Analysts70.37
Price Target103.87 (3.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Yearly Dividend3.03
Dividend Growth(5Y)39.59%
DP53.73%
Div Incr YearsN/A
Div Non Decr YearsN/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.88 | ||
| Fwd PE | 14.47 | ||
| P/S | 2.05 | ||
| P/FCF | 13.49 | ||
| P/OCF | 9.57 | ||
| P/B | 1.99 | ||
| P/tB | 5.28 | ||
| EV/EBITDA | 9.81 |
EPS(TTM)5.59
EY5.59%
EPS(NY)6.91
Fwd EY6.91%
FCF(TTM)7.41
FCFY7.41%
OCF(TTM)10.45
OCFY10.45%
SpS48.7
BVpS50.23
TBVpS18.93
PEG (NY)1.77
PEG (5Y)2.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 10.73% | ||
| ROCE | 9.83% | ||
| ROIC | 7.46% | ||
| ROICexc | 8.47% | ||
| ROICexgc | 14.95% | ||
| OM | 16.58% | ||
| PM (TTM) | 11.07% | ||
| GM | 44.22% | ||
| FCFM | 15.21% |
ROA(3y)5.62%
ROA(5y)4.77%
ROE(3y)11.3%
ROE(5y)9.72%
ROIC(3y)6.46%
ROIC(5y)6.04%
ROICexc(3y)7.58%
ROICexc(5y)7.02%
ROICexgc(3y)13.04%
ROICexgc(5y)11.56%
ROCE(3y)8.52%
ROCE(5y)7.98%
ROICexcg growth 3Y12.63%
ROICexcg growth 5Y13.6%
ROICexc growth 3Y7.66%
ROICexc growth 5Y8.99%
OM growth 3Y4.25%
OM growth 5Y6.16%
PM growth 3Y9.2%
PM growth 5Y5.79%
GM growth 3Y0.94%
GM growth 5Y0.93%
F-Score6
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 3.45 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 81.89% | ||
| Cap/Sales | 6.25% | ||
| Interest Coverage | 8.17 | ||
| Cash Conversion | 88.64% | ||
| Profit Quality | 137.47% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 2.83 |
F-Score6
WACC4.61%
ROIC/WACC1.62
Cap/Depr(3y)149.39%
Cap/Depr(5y)143.09%
Cap/Sales(3y)11.07%
Cap/Sales(5y)11.4%
Profit Quality(3y)72.22%
Profit Quality(5y)84.38%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.24%
EPS 3Y11.85%
EPS 5Y7.24%
EPS Q2Q%-3.15%
EPS Next Y10.1%
EPS Next 2Y7.51%
EPS Next 3Y8.35%
EPS Next 5Y4.58%
Revenue 1Y (TTM)-2.23%
Revenue growth 3Y-0.53%
Revenue growth 5Y-0.24%
Sales Q2Q%-2.5%
Revenue Next Year1.97%
Revenue Next 2Y3.05%
Revenue Next 3Y3.53%
Revenue Next 5Y0.15%
EBIT growth 1Y2.46%
EBIT growth 3Y3.69%
EBIT growth 5Y5.91%
EBIT Next Year43.61%
EBIT Next 3Y16.89%
EBIT Next 5Y-2.18%
FCF growth 1Y101.86%
FCF growth 3Y238.03%
FCF growth 5Y4.99%
OCF growth 1Y3.6%
OCF growth 3Y3.95%
OCF growth 5Y3.27%