HEIDELBERG MATERIALS AG (1HEI.MI) Stock Fundamental Analysis
BIT:1HEI - Euronext Milan - DE0006047004 - Common Stock - Currency: EUR
Taking everything into account, 1HEI scores 5 out of 10 in our fundamental rating. 1HEI was compared to 13 industry peers in the Construction Materials industry. 1HEI scores excellent on profitability, but there are some minor concerns on its financial health. 1HEI is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 1HEI was profitable.
In the past year 1HEI had a positive cash flow from operations.
1HEI had positive earnings in 4 of the past 5 years.
In the past 5 years 1HEI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of 1HEI (5.46%) is better than 63.64% of its industry peers.
With a decent Return On Equity value of 11.01%, 1HEI is doing good in the industry, outperforming 63.64% of the companies in the same industry.
With a decent Return On Invested Capital value of 7.30%, 1HEI is doing good in the industry, outperforming 63.64% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1HEI is below the industry average of 8.37%.
The 3 year average ROIC (6.24%) for 1HEI is below the current ROIC(7.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.46% | ||
| ROE | 11.01% | ||
| ROIC | 7.3% |
ROA(3y)5.15%
ROA(5y)2.33%
ROE(3y)10.75%
ROE(5y)4.51%
ROIC(3y)6.24%
ROIC(5y)5.79%
1.3 Margins
With a decent Profit Margin value of 9.11%, 1HEI is doing good in the industry, outperforming 72.73% of the companies in the same industry.
1HEI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 12.44%, 1HEI is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
In the last couple of years the Operating Margin of 1HEI has grown nicely.
The Gross Margin of 1HEI (62.08%) is better than 63.64% of its industry peers.
1HEI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.44% | ||
| PM (TTM) | 9.11% | ||
| GM | 62.08% |
OM growth 3Y3.45%
OM growth 5Y7.61%
PM growth 3YN/A
PM growth 5Y7.57%
GM growth 3Y-0.46%
GM growth 5Y1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1HEI is creating some value.
Compared to 1 year ago, 1HEI has less shares outstanding
Compared to 5 years ago, 1HEI has less shares outstanding
The debt/assets ratio for 1HEI is higher compared to a year ago.
2.2 Solvency
1HEI has an Altman-Z score of 2.22. 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.
1HEI has a Altman-Z score (2.22) which is comparable to the rest of the industry.
1HEI has a debt to FCF ratio of 4.38. This is a neutral value as 1HEI would need 4.38 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.38, 1HEI is doing good in the industry, outperforming 63.64% of the companies in the same industry.
1HEI has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.35, 1HEI is in line with its industry, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 4.38 | ||
| Altman-Z | 2.22 |
ROIC/WACC1.19
WACC6.13%
2.3 Liquidity
A Current Ratio of 1.11 indicates that 1HEI should not have too much problems paying its short term obligations.
1HEI has a Current ratio of 1.11. This is amonst the worse of the industry: 1HEI underperforms 81.82% of its industry peers.
1HEI has a Quick Ratio of 1.11. This is a bad value and indicates that 1HEI is not financially healthy enough and could expect problems in meeting its short term obligations.
1HEI has a worse Quick ratio (0.74) than 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.74 |
3. Growth
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.
Measured over the past years, 1HEI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.04% on average per year.
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%N/A
Revenue 1Y (TTM)4.68%
Revenue growth 3Y10.31%
Revenue growth 5Y5.34%
Sales Q2Q%2.58%
3.2 Future
1HEI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
Based on estimates for the next years, 1HEI will show a small growth in Revenue. The Revenue will grow by 3.52% on average per year.
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 29.06, 1HEI can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as 1HEI.
When comparing the Price/Earnings ratio of 1HEI to the average of the S&P500 Index (29.35), we can say 1HEI is valued inline with the index average.
A Price/Forward Earnings ratio of 24.32 indicates a rather expensive valuation of 1HEI.
Based on the Price/Forward Earnings ratio, 1HEI is valued a bit more expensive than 63.64% of the companies in the same industry.
1HEI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.06 | ||
| Fwd PE | 24.32 |
4.2 Price Multiples
1HEI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. 1HEI is more expensive than 63.64% of the companies in the same industry.
72.73% of the companies in the same industry are more expensive than 1HEI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.59 | ||
| EV/EBITDA | 8.36 |
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)4.71
PEG (5Y)2.63
EPS Next 2Y9.35%
EPS Next 3Y11.32%
5. Dividend
5.1 Amount
1HEI has a Yearly Dividend Yield of 2.05%.
1HEI's Dividend Yield is comparable with the industry average which is at 2.90.
1HEI's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
5.2 History
The dividend of 1HEI is nicely growing with an annual growth rate of 6.71%!
Dividend Growth(5Y)6.71%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
28.32% of the earnings are spent on dividend by 1HEI. This is a low number and sustainable payout ratio.
The dividend of 1HEI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.32%
EPS Next 2Y9.35%
EPS Next 3Y11.32%
BIT:1HEI (3/6/2025, 7:00:00 PM)
168.85
+34.35 (+25.54%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners35.86%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap30.74B
Analysts77.69
Price Target134.41 (-20.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.05% |
Yearly Dividend2.63
Dividend Growth(5Y)6.71%
DP28.32%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-40.63%
Min EPS beat(2)-54.86%
Max EPS beat(2)-26.39%
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)-3.34%
Min Revenue beat(2)-5.48%
Max Revenue beat(2)-1.2%
Revenue beat(4)0
Avg Revenue beat(4)-3.11%
Min Revenue beat(4)-5.48%
Max Revenue beat(4)-1.2%
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)3.91%
PT rev (3m)15.87%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.49%
EPS NY rev (3m)0.48%
Revenue NQ rev (1m)-1.76%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.06 | ||
| Fwd PE | 24.32 | ||
| P/S | 1.45 | ||
| P/FCF | 15.59 | ||
| P/OCF | 9.5 | ||
| P/B | 1.75 | ||
| P/tB | 3.63 | ||
| EV/EBITDA | 8.36 |
EPS(TTM)5.81
EY3.44%
EPS(NY)6.94
Fwd EY4.11%
FCF(TTM)10.83
FCFY6.41%
OCF(TTM)17.77
OCFY10.53%
SpS116.32
BVpS96.25
TBVpS46.51
PEG (NY)4.71
PEG (5Y)2.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.46% | ||
| ROE | 11.01% | ||
| ROCE | 9.42% | ||
| ROIC | 7.3% | ||
| ROICexc | 7.81% | ||
| ROICexgc | 11.94% | ||
| OM | 12.44% | ||
| PM (TTM) | 9.11% | ||
| GM | 62.08% | ||
| FCFM | 9.31% |
ROA(3y)5.15%
ROA(5y)2.33%
ROE(3y)10.75%
ROE(5y)4.51%
ROIC(3y)6.24%
ROIC(5y)5.79%
ROICexc(3y)6.92%
ROICexc(5y)6.45%
ROICexgc(3y)10.59%
ROICexgc(5y)10.23%
ROCE(3y)8.05%
ROCE(5y)7.47%
ROICexcg growth 3Y6.64%
ROICexcg growth 5Y9.65%
ROICexc growth 3Y8.26%
ROICexc growth 5Y12.92%
OM growth 3Y3.45%
OM growth 5Y7.61%
PM growth 3YN/A
PM growth 5Y7.57%
GM growth 3Y-0.46%
GM growth 5Y1%
F-Score6
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 4.38 | ||
| Debt/EBITDA | 1.55 | ||
| Cap/Depr | 94.03% | ||
| Cap/Sales | 5.97% | ||
| Interest Coverage | 7.63 | ||
| Cash Conversion | 81.31% | ||
| Profit Quality | 102.21% | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.22 |
F-Score6
WACC6.13%
ROIC/WACC1.19
Cap/Depr(3y)110.5%
Cap/Depr(5y)86.43%
Cap/Sales(3y)6.73%
Cap/Sales(5y)6.39%
Profit Quality(3y)73.57%
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%2.58%
Revenue Next Year6.26%
Revenue Next 2Y-1%
Revenue Next 3Y1.22%
Revenue Next 5Y3.52%
EBIT growth 1Y31.23%
EBIT growth 3Y10.02%
EBIT growth 5Y11.07%
EBIT Next Year48.25%
EBIT Next 3Y18.45%
EBIT Next 5Y12.73%
FCF growth 1Y225.35%
FCF growth 3Y-3.04%
FCF growth 5Y15.62%
OCF growth 1Y53.24%
OCF growth 3Y1.93%
OCF growth 5Y10.24%