HEIDELBERG MATERIALS AG (1HEI.MI) Stock Fundamental Analysis
Europe - BIT:1HEI - DE0006047004 - Common Stock
206.6 EUR
+6.5 (+3.25%)
1HEI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 13 industry peers in the Construction Materials industry. While 1HEI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 1HEI has a expensive valuation and it also scores bad on growth.
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.
1HEI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years 1HEI had a positive operating cash flow.
1.2 Ratios
1HEI's Return On Assets of 5.14% is fine compared to the rest of the industry. 1HEI outperforms 61.54% of its industry peers.
1HEI has a better Return On Equity (10.35%) than 61.54% of its industry peers.
1HEI has a Return On Invested Capital of 7.73%. This is in the better half of the industry: 1HEI outperforms 61.54% 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 8.11%.
The 3 year average ROIC (6.57%) for 1HEI is below the current ROIC(7.73%), indicating increased profibility in the last year.
| 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
With a decent Profit Margin value of 8.42%, 1HEI is doing good in the industry, outperforming 69.23% of the companies in the same industry.
In the last couple of years the Profit Margin of 1HEI has grown nicely.
With a decent Operating Margin value of 13.55%, 1HEI is doing good in the industry, outperforming 61.54% of the companies in the same industry.
1HEI's Operating Margin has improved in the last couple of years.
The Gross Margin of 1HEI (63.93%) is better than 61.54% 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.
The debt/assets ratio for 1HEI has been reduced compared to a year ago.
2.2 Solvency
1HEI has an Altman-Z score of 2.69. 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.
The Altman-Z score of 1HEI (2.69) is better than 69.23% of its industry peers.
The Debt to FCF ratio of 1HEI is 4.57, which is a neutral value as it means it would take 1HEI, 4.57 years of fcf income to pay off all of its debts.
1HEI has a Debt to FCF ratio (4.57) which is in line with its industry peers.
1HEI has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.38, 1HEI perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 4.57 | ||
| Altman-Z | 2.69 |
ROIC/WACC1.19
WACC6.51%
2.3 Liquidity
1HEI has a Current Ratio of 1.13. This is a normal value and indicates that 1HEI is financially healthy and should not expect problems in meeting its short term obligations.
1HEI has a Current ratio of 1.13. This is amonst the worse of the industry: 1HEI underperforms 84.62% of its industry peers.
A Quick Ratio of 0.73 indicates that 1HEI may have some problems paying its short term obligations.
1HEI's Quick ratio of 0.73 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 | 1.13 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
1HEI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.37%.
The Earnings Per Share has been growing by 12.42% on average over the past years. This is quite good.
1HEI shows a decrease in Revenue. In the last year, the revenue decreased by -0.10%.
Measured over the past years, 1HEI shows a small growth in Revenue. The Revenue has been growing by 2.33% on average per year.
EPS 1Y (TTM)-5.37%
EPS 3Y3.43%
EPS 5Y12.42%
EPS Q2Q%21.9%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y4.16%
Revenue growth 5Y2.33%
Sales Q2Q%88.85%
3.2 Future
1HEI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.08% yearly.
Based on estimates for the next years, 1HEI will show a small growth in Revenue. The Revenue will grow by 5.01% on average per year.
EPS Next Y10.53%
EPS Next 2Y11.74%
EPS Next 3Y11.69%
EPS Next 5Y6.08%
Revenue Next Year3.73%
Revenue Next 2Y4.11%
Revenue Next 3Y4.48%
Revenue Next 5Y5.01%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.95, 1HEI is valued on the expensive side.
1HEI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. 1HEI is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.60, the valuation of 1HEI can be described as correct.
1HEI's Price/Forward Earnings 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 is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.95 | ||
| Fwd PE | 14.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1HEI is valued a bit more expensive than 76.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1HEI is valued a bit more expensive than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.47 | ||
| EV/EBITDA | 10.17 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1HEI does not grow enough to justify the current Price/Earnings ratio.
1HEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.99
PEG (5Y)1.69
EPS Next 2Y11.74%
EPS Next 3Y11.69%
5. Dividend
5.1 Amount
1HEI has a Yearly Dividend Yield of 1.64%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.66, 1HEI is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.45, 1HEI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
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 33.05% of its income as dividend. This is a sustainable payout ratio.
1HEI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.05%
EPS Next 2Y11.74%
EPS Next 3Y11.69%
BIT:1HEI (8/11/2025, 7:00:00 PM)
206.6
+6.5 (+3.25%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners37.1%
Inst Owner ChangeN/A
Ins Owners28.4%
Ins Owner ChangeN/A
Market Cap36.86B
Analysts72.8
Price Target201.37 (-2.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend3.03
Dividend Growth(5Y)7.61%
DP33.05%
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)6.48%
PT rev (3m)18.06%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.6%
EPS NY rev (3m)-3.6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.88%
Revenue NY rev (3m)-0.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.95 | ||
| Fwd PE | 14.6 | ||
| P/S | 1.74 | ||
| P/FCF | 19.47 | ||
| P/OCF | 11.2 | ||
| P/B | 2.14 | ||
| P/tB | 4.62 | ||
| EV/EBITDA | 10.17 |
EPS(TTM)9.86
EY4.77%
EPS(NY)14.15
Fwd EY6.85%
FCF(TTM)10.61
FCFY5.14%
OCF(TTM)18.44
OCFY8.93%
SpS118.57
BVpS96.5
TBVpS44.7
PEG (NY)1.99
PEG (5Y)1.69
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%
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-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 | 2.69 |
F-Score7
WACC6.51%
ROIC/WACC1.19
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)-5.37%
EPS 3Y3.43%
EPS 5Y12.42%
EPS Q2Q%21.9%
EPS Next Y10.53%
EPS Next 2Y11.74%
EPS Next 3Y11.69%
EPS Next 5Y6.08%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y4.16%
Revenue growth 5Y2.33%
Sales Q2Q%88.85%
Revenue Next Year3.73%
Revenue Next 2Y4.11%
Revenue Next 3Y4.48%
Revenue Next 5Y5.01%
EBIT growth 1Y8.81%
EBIT growth 3Y13.38%
EBIT growth 5Y9.93%
EBIT Next Year50.77%
EBIT Next 3Y19.61%
EBIT Next 5Y14.27%
FCF growth 1Y61.81%
FCF growth 3Y23.1%
FCF growth 5Y4.23%
OCF growth 1Y27.42%
OCF growth 3Y10.49%
OCF growth 5Y3.94%