HEIDELBERG MATERIALS AG (HEI.DE) Stock Fundamental Analysis
Europe - FRA:HEI - DE0006047004 - Common Stock
209.2 EUR
-4.6 (-2.15%)
HEI gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 13 industry peers in the Construction Materials industry. While HEI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. HEI is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HEI was profitable.
HEI had a positive operating cash flow in the past year.
HEI had positive earnings in 4 of the past 5 years.
HEI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HEI's Return On Assets of 5.14% is fine compared to the rest of the industry. HEI outperforms 61.54% of its industry peers.
Looking at the Return On Equity, with a value of 10.35%, HEI is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
HEI has a better Return On Invested Capital (7.73%) than 69.23% of its industry peers.
HEI had an Average Return On Invested Capital over the past 3 years of 6.57%. This is in line with the industry average of 7.85%.
The last Return On Invested Capital (7.73%) for HEI is above the 3 year average (6.57%), which is a sign of increasing profitability.
| 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
The Profit Margin of HEI (8.42%) is better than 69.23% of its industry peers.
HEI's Profit Margin has improved in the last couple of years.
The Operating Margin of HEI (13.55%) is better than 61.54% of its industry peers.
In the last couple of years the Operating Margin of HEI has grown nicely.
Looking at the Gross Margin, with a value of 63.93%, HEI is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
HEI's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEI is creating some value.
The number of shares outstanding for HEI has been reduced compared to 1 year ago.
The number of shares outstanding for HEI has been reduced compared to 5 years ago.
Compared to 1 year ago, HEI has an improved debt to assets ratio.
2.2 Solvency
HEI has an Altman-Z score of 2.73. This is not the best score and indicates that HEI is in the grey zone with still only limited risk for bankruptcy at the moment.
HEI has a better Altman-Z score (2.73) than 69.23% of its industry peers.
The Debt to FCF ratio of HEI is 4.57, which is a neutral value as it means it would take HEI, 4.57 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of HEI (4.57) is comparable to the rest of the industry.
HEI has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
HEI has a Debt to Equity ratio (0.38) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 4.57 | ||
| Altman-Z | 2.73 |
ROIC/WACC1.18
WACC6.57%
2.3 Liquidity
A Current Ratio of 1.13 indicates that HEI should not have too much problems paying its short term obligations.
HEI's Current ratio of 1.13 is on the low side compared to the rest of the industry. HEI is outperformed by 84.62% of its industry peers.
A Quick Ratio of 0.73 indicates that HEI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.73, HEI is doing worse than 76.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
HEI 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.
Looking at the last year, HEI shows a decrease in Revenue. The Revenue has decreased by -0.10% in the last year.
The Revenue has been growing slightly by 2.33% on average over the past years.
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
The Earnings Per Share is expected to grow by 6.41% on average over the next years.
HEI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.33% yearly.
EPS Next Y9.26%
EPS Next 2Y11.48%
EPS Next 3Y11.78%
EPS Next 5Y6.41%
Revenue Next Year3.21%
Revenue Next 2Y3.87%
Revenue Next 3Y4.32%
Revenue Next 5Y5.33%
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.
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
HEI is valuated rather expensively with a Price/Earnings ratio of 21.22.
The rest of the industry has a similar Price/Earnings ratio as HEI.
HEI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.89.
The Price/Forward Earnings ratio is 14.86, which indicates a correct valuation of HEI.
Based on the Price/Forward Earnings ratio, HEI is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 34.59. HEI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 14.86 |
4.2 Price Multiples
HEI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. HEI is more expensive than 76.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HEI is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.72 | ||
| EV/EBITDA | 10.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
HEI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.29
PEG (5Y)1.71
EPS Next 2Y11.48%
EPS Next 3Y11.78%
5. Dividend
5.1 Amount
HEI has a Yearly Dividend Yield of 1.68%. Purely for dividend investing, there may be better candidates out there.
HEI's Dividend Yield is slightly below the industry average, which is at 3.53.
Compared to the average S&P500 Dividend Yield of 2.36, HEI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
5.2 History
On average, the dividend of HEI grows each year by 7.61%, which is quite nice.
Dividend Growth(5Y)7.61%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
HEI pays out 33.05% of its income as dividend. This is a sustainable payout ratio.
HEI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP33.05%
EPS Next 2Y11.48%
EPS Next 3Y11.78%
FRA:HEI (11/14/2025, 7:00:00 PM)
209.2
-4.6 (-2.15%)
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 Cap37.33B
Revenue(TTM)21.16B
Net Income(TTM)1.78B
Analysts73.6
Price Target215.82 (3.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.68% |
Yearly Dividend3.03
Dividend Growth(5Y)7.61%
DP33.05%
Div Incr Years1
Div Non Decr Years4
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)1.31%
PT rev (3m)8.93%
EPS NQ rev (1m)-3.72%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.43%
EPS NY rev (3m)-4.71%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.22 | ||
| Fwd PE | 14.86 | ||
| P/S | 1.76 | ||
| P/FCF | 19.72 | ||
| P/OCF | 11.34 | ||
| P/B | 2.17 | ||
| P/tB | 4.68 | ||
| EV/EBITDA | 10.46 |
EPS(TTM)9.86
EY4.71%
EPS(NY)14.08
Fwd EY6.73%
FCF(TTM)10.61
FCFY5.07%
OCF(TTM)18.44
OCFY8.82%
SpS118.57
BVpS96.5
TBVpS44.7
PEG (NY)2.29
PEG (5Y)1.71
Graham Number146.32
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%
ROICexgc growth 3Y8.18%
ROICexgc 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 | 2.73 |
F-Score7
WACC6.57%
ROIC/WACC1.18
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 Y9.26%
EPS Next 2Y11.48%
EPS Next 3Y11.78%
EPS Next 5Y6.41%
Revenue 1Y (TTM)-0.1%
Revenue growth 3Y4.16%
Revenue growth 5Y2.33%
Sales Q2Q%88.85%
Revenue Next Year3.21%
Revenue Next 2Y3.87%
Revenue Next 3Y4.32%
Revenue Next 5Y5.33%
EBIT growth 1Y8.81%
EBIT growth 3Y13.38%
EBIT growth 5Y9.93%
EBIT Next Year50.17%
EBIT Next 3Y19.81%
EBIT Next 5Y14.63%
FCF growth 1Y61.81%
FCF growth 3Y23.1%
FCF growth 5Y4.23%
OCF growth 1Y27.42%
OCF growth 3Y10.49%
OCF growth 5Y3.94%
HEIDELBERG MATERIALS AG / HEI.DE FAQ
Can you provide the ChartMill fundamental rating for HEIDELBERG MATERIALS AG?
ChartMill assigns a fundamental rating of 4 / 10 to HEI.DE.
What is the valuation status for HEI stock?
ChartMill assigns a valuation rating of 2 / 10 to HEIDELBERG MATERIALS AG (HEI.DE). This can be considered as Overvalued.
What is the profitability of HEI stock?
HEIDELBERG MATERIALS AG (HEI.DE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of HEIDELBERG MATERIALS AG (HEI.DE) stock?
The Price/Earnings (PE) ratio for HEIDELBERG MATERIALS AG (HEI.DE) is 21.22 and the Price/Book (PB) ratio is 2.17.
How financially healthy is HEIDELBERG MATERIALS AG?
The financial health rating of HEIDELBERG MATERIALS AG (HEI.DE) is 4 / 10.