HEIDELBERG MATERIALS AG (1HEI.MI) Stock Fundamental Analysis
Europe - BIT:1HEI - DE0006047004 - Common Stock
191.95 EUR
-2.6 (-1.34%)
1HEI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 15 industry peers in the Construction Materials industry. Both the profitability and the financial health of 1HEI get a neutral evaluation. Nothing too spectacular is happening here. 1HEI does not seem to be growing, but still is valued expensively.
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.
Of the past 5 years 1HEI 4 years were profitable.
Each year in the past 5 years 1HEI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of 1HEI (5.14%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 10.35%, 1HEI is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
1HEI has a Return On Invested Capital (7.73%) which is in line with its industry peers.
1HEI had an Average Return On Invested Capital over the past 3 years of 6.57%. This is in line with the industry average of 8.18%.
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
1HEI has a better Profit Margin (8.42%) than 66.67% of its industry peers.
1HEI's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 13.55%, 1HEI perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
In the last couple of years the Operating Margin of 1HEI has grown nicely.
Looking at the Gross Margin, with a value of 63.93%, 1HEI is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
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
1HEI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, 1HEI has less shares outstanding
The number of shares outstanding for 1HEI has been reduced compared to 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 2.60. 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.
Looking at the Altman-Z score, with a value of 2.60, 1HEI is in line with its industry, outperforming 60.00% of the companies in the same industry.
1HEI has a debt to FCF ratio of 4.57. This is a neutral value as 1HEI would need 4.57 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.57, 1HEI perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
1HEI has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of 1HEI (0.38) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 4.57 | ||
| Altman-Z | 2.6 |
ROIC/WACC1.19
WACC6.49%
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.
The Current ratio of 1HEI (1.13) is worse than 80.00% of its industry peers.
A Quick Ratio of 0.73 indicates that 1HEI may have some problems paying its short term obligations.
1HEI has a Quick ratio of 0.73. This is in the lower half of the industry: 1HEI underperforms 73.33% 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%.
Measured over the past years, 1HEI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.42% on average per year.
Looking at the last year, 1HEI shows a decrease in Revenue. The Revenue has decreased by -0.10% in the last year.
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
Based on estimates for the next years, 1HEI will show a small growth in Earnings Per Share. The EPS will grow by 6.01% on average per year.
The Revenue is expected to grow by 5.10% on average over the next years.
EPS Next Y10.84%
EPS Next 2Y12.25%
EPS Next 3Y11.77%
EPS Next 5Y6.01%
Revenue Next Year3.43%
Revenue Next 2Y4.02%
Revenue Next 3Y4.3%
Revenue Next 5Y5.1%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
Based on the Price/Earnings ratio of 19.47, the valuation of 1HEI can be described as rather expensive.
1HEI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.02. 1HEI is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 13.45, 1HEI is valued correctly.
1HEI's Price/Forward Earnings is on the same level as the industry average.
1HEI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 13.45 |
4.2 Price Multiples
73.33% of the companies in the same industry are cheaper than 1HEI, based on the Enterprise Value to EBITDA ratio.
1HEI's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. 1HEI is more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.09 | ||
| EV/EBITDA | 9.56 |
4.3 Compensation for Growth
1HEI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1HEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.8
PEG (5Y)1.57
EPS Next 2Y12.25%
EPS Next 3Y11.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.70%, 1HEI has a reasonable but not impressive dividend return.
With a Dividend Yield of 1.70, 1HEI pays less dividend than the industry average, which is at 3.52. 80.00% of the companies listed in the same industry pay a better dividend than 1HEI!
Compared to the average S&P500 Dividend Yield of 2.44, 1HEI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
5.2 History
On average, the dividend of 1HEI grows each year by 7.61%, which is quite nice.
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.
The dividend of 1HEI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.05%
EPS Next 2Y12.25%
EPS Next 3Y11.77%
BIT:1HEI (10/10/2025, 7:00:00 PM)
191.95
-2.6 (-1.34%)
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 Cap34.25B
Analysts73.08
Price Target213.91 (11.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
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)6.23%
PT rev (3m)14.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.28%
EPS NY rev (3m)-3.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 13.45 | ||
| P/S | 1.62 | ||
| P/FCF | 18.09 | ||
| P/OCF | 10.41 | ||
| P/B | 1.99 | ||
| P/tB | 4.29 | ||
| EV/EBITDA | 9.56 |
EPS(TTM)9.86
EY5.14%
EPS(NY)14.27
Fwd EY7.44%
FCF(TTM)10.61
FCFY5.53%
OCF(TTM)18.44
OCFY9.61%
SpS118.57
BVpS96.5
TBVpS44.7
PEG (NY)1.8
PEG (5Y)1.57
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 | 2.6 |
F-Score7
WACC6.49%
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 Y10.84%
EPS Next 2Y12.25%
EPS Next 3Y11.77%
EPS Next 5Y6.01%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y4.16%
Revenue growth 5Y2.33%
Sales Q2Q%88.85%
Revenue Next Year3.43%
Revenue Next 2Y4.02%
Revenue Next 3Y4.3%
Revenue Next 5Y5.1%
EBIT growth 1Y8.81%
EBIT growth 3Y13.38%
EBIT growth 5Y9.93%
EBIT Next Year50.17%
EBIT Next 3Y19.81%
EBIT Next 5Y14.41%
FCF growth 1Y61.81%
FCF growth 3Y23.1%
FCF growth 5Y4.23%
OCF growth 1Y27.42%
OCF growth 3Y10.49%
OCF growth 5Y3.94%