HEIDELBERG MATERIALS AG (1HEI.MI) Fundamental Analysis & Valuation

BIT:1HEI • DE0006047004

Current stock price

190.45 EUR
+5.85 (+3.17%)
Last:

This 1HEI.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. 1HEI.MI Profitability Analysis

1.1 Basic Checks

  • 1HEI had positive earnings in the past year.
  • In the past year 1HEI had a positive cash flow from operations.
  • In the past 5 years 1HEI has always been profitable.
  • In the past 5 years 1HEI always reported a positive cash flow from operatings.
1HEI.MI Yearly Net Income VS EBIT VS OCF VS FCF1HEI.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B -2B 3B

1.2 Ratios

  • 1HEI's Return On Assets of 5.37% is fine compared to the rest of the industry. 1HEI outperforms 62.50% of its industry peers.
  • The Return On Equity of 1HEI (10.69%) is better than 62.50% of its industry peers.
  • 1HEI has a better Return On Invested Capital (7.77%) than 68.75% 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 6.97%.
  • The last Return On Invested Capital (7.77%) for 1HEI is above the 3 year average (7.23%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.37%
ROE 10.69%
ROIC 7.77%
ROA(3y)5.2%
ROA(5y)5.12%
ROE(3y)10.45%
ROE(5y)10.48%
ROIC(3y)7.23%
ROIC(5y)6.51%
1HEI.MI Yearly ROA, ROE, ROIC1HEI.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 -10 -15

1.3 Margins

  • 1HEI has a Profit Margin (9.04%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of 1HEI has grown nicely.
  • 1HEI has a Operating Margin of 14.37%. This is in the better half of the industry: 1HEI outperforms 62.50% of its industry peers.
  • In the last couple of years the Operating Margin of 1HEI has grown nicely.
  • 1HEI's Gross Margin of 64.21% is amongst the best of the industry. 1HEI outperforms 87.50% 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 RankSector Rank
OM 14.37%
PM (TTM) 9.04%
GM 64.21%
OM growth 3Y14.72%
OM growth 5Y5.04%
PM growth 3Y6.12%
PM growth 5YN/A
GM growth 3Y2.9%
GM growth 5Y0.4%
1HEI.MI Yearly Profit, Operating, Gross Margins1HEI.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

4

2. 1HEI.MI Health Analysis

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.
  • The number of shares outstanding for 1HEI has been reduced compared to 5 years ago.
  • 1HEI has a worse debt/assets ratio than last year.
1HEI.MI Yearly Shares Outstanding1HEI.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
1HEI.MI Yearly Total Debt VS Total Assets1HEI.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.2 Solvency

  • 1HEI has an Altman-Z score of 2.59. This is not the best score and indicates that 1HEI is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a decent Altman-Z score value of 2.59, 1HEI is doing good in the industry, outperforming 62.50% of the companies in the same industry.
  • The Debt to FCF ratio of 1HEI is 4.56, which is a neutral value as it means it would take 1HEI, 4.56 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 4.56, 1HEI is doing good in the industry, outperforming 68.75% of the companies in the same industry.
  • A Debt/Equity ratio of 0.37 indicates that 1HEI is not too dependend on debt financing.
  • 1HEI's Debt to Equity ratio of 0.37 is in line compared to the rest of the industry. 1HEI outperforms 43.75% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 4.56
Altman-Z 2.59
ROIC/WACC1.17
WACC6.63%
1HEI.MI Yearly LT Debt VS Equity VS FCF1HEI.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • A Current Ratio of 1.24 indicates that 1HEI should not have too much problems paying its short term obligations.
  • 1HEI has a worse Current ratio (1.24) than 93.75% of its industry peers.
  • 1HEI has a Quick Ratio of 1.24. This is a bad value and indicates that 1HEI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.84, 1HEI is not doing good in the industry: 81.25% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.24
Quick Ratio 0.84
1HEI.MI Yearly Current Assets VS Current Liabilites1HEI.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

5

3. 1HEI.MI Growth Analysis

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.
  • The Earnings Per Share has been growing by 11.04% on average over the past years. This is quite good.
  • 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%5.35%
Revenue 1Y (TTM)4.68%
Revenue growth 3Y10.31%
Revenue growth 5Y5.34%
Sales Q2Q%0.14%

3.2 Future

  • The Earnings Per Share is expected to grow by 12.58% on average over the next years. This is quite good.
  • 1HEI 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

  • The EPS growth rate is stable: in the next years the growth will be about the same 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.
1HEI.MI Yearly Revenue VS Estimates1HEI.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
1HEI.MI Yearly EPS VS Estimates1HEI.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

1

4. 1HEI.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 32.78, 1HEI can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, 1HEI is valued a bit more expensive than the industry average as 68.75% of the companies are valued more cheaply.
  • 1HEI's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.86.
  • A Price/Forward Earnings ratio of 27.44 indicates a quite expensive valuation of 1HEI.
  • 1HEI's Price/Forward Earnings ratio is rather expensive when compared to the industry. 1HEI is more expensive than 81.25% of the companies in the same industry.
  • 1HEI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 37.39, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 32.78
Fwd PE 27.44
1HEI.MI Price Earnings VS Forward Price Earnings1HEI.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, 1HEI is valued a bit more expensive than 68.75% of the companies in the same industry.
  • 1HEI's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 1HEI is more expensive than 62.50% of the companies in the same industry.
Industry RankSector Rank
P/FCF 18.25
EV/EBITDA 8.78
1HEI.MI Per share data1HEI.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

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)5.31
PEG (5Y)2.97
EPS Next 2Y9.35%
EPS Next 3Y11.32%

4

5. 1HEI.MI Dividend Analysis

5.1 Amount

  • 1HEI has a Yearly Dividend Yield of 1.95%.
  • 1HEI's Dividend Yield is comparable with the industry average which is at 2.42.
  • 1HEI's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.95%

5.2 History

  • The dividend of 1HEI is nicely growing with an annual growth rate of 40.78%!
Dividend Growth(5Y)40.78%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 1HEI pays out 30.34% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of 1HEI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP30.34%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
1HEI.MI Yearly Income VS Free CF VS Dividend1HEI.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B -2B
1HEI.MI Dividend Payout.1HEI.MI Dividend Payout, showing the Payout Ratio.1HEI.MI Dividend Payout.PayoutRetained Earnings

1HEI.MI Fundamentals: All Metrics, Ratios and Statistics

HEIDELBERG MATERIALS AG

BIT:1HEI (4/10/2026, 7:00:00 PM)

190.45

+5.85 (+3.17%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)02-25
Earnings (Next)07-30
Inst Owners44.74%
Inst Owner ChangeN/A
Ins Owners28.4%
Ins Owner ChangeN/A
Market Cap33.59B
Revenue(TTM)18.07B
Net Income(TTM)1.94B
Analysts77.86
Price Target237.04 (24.46%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.95%
Yearly Dividend3.32
Dividend Growth(5Y)40.78%
DP30.34%
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)0
Avg Revenue beat(2)-1.84%
Min Revenue beat(2)-1.9%
Max Revenue beat(2)-1.78%
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)-5.4%
PT rev (3m)1.02%
EPS NQ rev (1m)-4.67%
EPS NQ rev (3m)-13.86%
EPS NY rev (1m)-1.74%
EPS NY rev (3m)-2.83%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-2.66%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-1.28%
Valuation
Industry RankSector Rank
PE 32.78
Fwd PE 27.44
P/S 1.57
P/FCF 18.25
P/OCF 10.32
P/B 1.85
P/tB 3.8
EV/EBITDA 8.78
EPS(TTM)5.81
EY3.05%
EPS(NY)6.94
Fwd EY3.64%
FCF(TTM)10.43
FCFY5.48%
OCF(TTM)18.45
OCFY9.69%
SpS121.68
BVpS102.99
TBVpS50.15
PEG (NY)5.31
PEG (5Y)2.97
Graham Number116.03
Profitability
Industry RankSector Rank
ROA 5.37%
ROE 10.69%
ROCE 10.57%
ROIC 7.77%
ROICexc 8.54%
ROICexgc 13.17%
OM 14.37%
PM (TTM) 9.04%
GM 64.21%
FCFM 8.57%
ROA(3y)5.2%
ROA(5y)5.12%
ROE(3y)10.45%
ROE(5y)10.48%
ROIC(3y)7.23%
ROIC(5y)6.51%
ROICexc(3y)8.04%
ROICexc(5y)7.2%
ROICexgc(3y)12.36%
ROICexgc(5y)11.04%
ROCE(3y)9.83%
ROCE(5y)8.85%
ROICexgc growth 3Y14.96%
ROICexgc growth 5Y5.73%
ROICexc growth 3Y14.02%
ROICexc growth 5Y6.7%
OM growth 3Y14.72%
OM growth 5Y5.04%
PM growth 3Y6.12%
PM growth 5YN/A
GM growth 3Y2.9%
GM growth 5Y0.4%
F-Score7
Asset Turnover0.59
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 4.56
Debt/EBITDA 1.51
Cap/Depr 101.24%
Cap/Sales 6.59%
Interest Coverage 8.66
Cash Conversion 72.62%
Profit Quality 94.81%
Current Ratio 1.24
Quick Ratio 0.84
Altman-Z 2.59
F-Score7
WACC6.63%
ROIC/WACC1.17
Cap/Depr(3y)100.11%
Cap/Depr(5y)104.8%
Cap/Sales(3y)6.51%
Cap/Sales(5y)6.69%
Profit Quality(3y)98.09%
Profit Quality(5y)83.55%
High Growth Momentum
Growth
EPS 1Y (TTM)25.67%
EPS 3Y12.66%
EPS 5Y11.04%
EPS Q2Q%5.35%
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%0.14%
Revenue Next Year6.26%
Revenue Next 2Y-1%
Revenue Next 3Y1.22%
Revenue Next 5Y3.52%
EBIT growth 1Y7.57%
EBIT growth 3Y15.38%
EBIT growth 5Y9.29%
EBIT Next Year47.99%
EBIT Next 3Y19.49%
EBIT Next 5Y14.34%
FCF growth 1Y1.02%
FCF growth 3Y19.26%
FCF growth 5Y-2.21%
OCF growth 1Y0.71%
OCF growth 3Y10.38%
OCF growth 5Y1.46%

HEIDELBERG MATERIALS AG / 1HEI.MI Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for HEIDELBERG MATERIALS AG?

ChartMill assigns a fundamental rating of 5 / 10 to 1HEI.MI.


What is the valuation status of HEIDELBERG MATERIALS AG (1HEI.MI) stock?

ChartMill assigns a valuation rating of 1 / 10 to HEIDELBERG MATERIALS AG (1HEI.MI). This can be considered as Overvalued.


What is the profitability of 1HEI stock?

HEIDELBERG MATERIALS AG (1HEI.MI) has a profitability rating of 7 / 10.


Can you provide the PE and PB ratios for 1HEI stock?

The Price/Earnings (PE) ratio for HEIDELBERG MATERIALS AG (1HEI.MI) is 32.78 and the Price/Book (PB) ratio is 1.85.


What is the earnings growth outlook for HEIDELBERG MATERIALS AG?

The Earnings per Share (EPS) of HEIDELBERG MATERIALS AG (1HEI.MI) is expected to grow by 6.17% in the next year.