KONINKLIJKE HEIJMANS N.V (HEIJM.AS)
NL0009269109
We assign a fundamental rating of 6 out of 10 to HEIJM. HEIJM was compared to 40 industry peers in the Construction & Engineering industry. Both the profitability and the financial health of HEIJM get a neutral evaluation. Nothing too spectacular is happening here. HEIJM has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
In the past year HEIJM was profitable.
HEIJM had a positive operating cash flow in the past year.
In the past 5 years HEIJM has always been profitable.
In the past 5 years HEIJM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of HEIJM (4.47%) is better than 66.67% of its industry peers.
HEIJM's Return On Equity of 15.57% is in line compared to the rest of the industry. HEIJM outperforms 51.28% of its industry peers.
HEIJM's Return On Invested Capital of 10.33% is fine compared to the rest of the industry. HEIJM outperforms 71.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HEIJM is in line with the industry average of 10.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.47% | ||
| ROE | 15.57% | ||
| ROIC | 10.33% |
ROA(3y)5.02%
ROA(5y)4.54%
ROE(3y)17.72%
ROE(5y)17.56%
ROIC(3y)10.73%
ROIC(5y)9.95%
1.3 Margins
HEIJM has a Profit Margin of 2.82%. This is comparable to the rest of the industry: HEIJM outperforms 51.28% of its industry peers.
HEIJM's Profit Margin has improved in the last couple of years.
HEIJM has a worse Operating Margin (3.82%) than 61.54% of its industry peers.
In the last couple of years the Operating Margin of HEIJM has grown nicely.
The Gross Margin of HEIJM (13.64%) is worse than 87.18% of its industry peers.
In the last couple of years the Gross Margin of HEIJM has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.82% | ||
| PM (TTM) | 2.82% | ||
| GM | 13.64% |
OM growth 3Y6.89%
OM growth 5Y21.82%
PM growth 3Y7.06%
PM growth 5Y16.81%
GM growth 3Y6.12%
GM growth 5Y8.32%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so HEIJM is still creating some value.
HEIJM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HEIJM has more shares outstanding
HEIJM has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.56 indicates that HEIJM is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.56, HEIJM is doing good in the industry, outperforming 76.92% of the companies in the same industry.
HEIJM has a debt to FCF ratio of 4.38. This is a neutral value as HEIJM would need 4.38 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.38, HEIJM is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
HEIJM has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.33, HEIJM is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.38 | ||
| Altman-Z | 2.56 |
ROIC/WACC1.48
WACC6.99%
2.3 Liquidity
A Current Ratio of 1.10 indicates that HEIJM should not have too much problems paying its short term obligations.
The Current ratio of HEIJM (1.10) is comparable to the rest of the industry.
HEIJM has a Quick Ratio of 1.10. This is a bad value and indicates that HEIJM is not financially healthy enough and could expect problems in meeting its short term obligations.
HEIJM's Quick ratio of 0.37 is on the low side compared to the rest of the industry. HEIJM is outperformed by 97.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.37 |
3. Growth
3.1 Past
HEIJM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 46.41%, which is quite impressive.
HEIJM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.12% yearly.
HEIJM shows a strong growth in Revenue. In the last year, the Revenue has grown by 27.16%.
HEIJM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.04% yearly.
EPS 1Y (TTM)46.41%
EPS 3Y8.99%
EPS 5Y20.12%
EPS Q2Q%80.52%
Revenue 1Y (TTM)27.16%
Revenue growth 3Y6.63%
Revenue growth 5Y6.04%
Sales Q2Q%29.88%
3.2 Future
Based on estimates for the next years, HEIJM will show a very strong growth in Earnings Per Share. The EPS will grow by 24.40% on average per year.
Based on estimates for the next years, HEIJM will show a small growth in Revenue. The Revenue will grow by 5.35% on average per year.
EPS Next Y30%
EPS Next 2Y30.94%
EPS Next 3Y24.4%
EPS Next 5YN/A
Revenue Next Year22.52%
Revenue Next 2Y15.49%
Revenue Next 3Y11.95%
Revenue Next 5Y5.35%
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 accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HEIJM is valuated reasonably with a Price/Earnings ratio of 10.79.
HEIJM's Price/Earnings ratio is a bit cheaper when compared to the industry. HEIJM is cheaper than 64.10% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.40, HEIJM is valued rather cheaply.
HEIJM is valuated cheaply with a Price/Forward Earnings ratio of 7.54.
Based on the Price/Forward Earnings ratio, HEIJM is valued a bit cheaper than 74.36% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.67. HEIJM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 7.54 |
4.2 Price Multiples
HEIJM's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HEIJM is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.68 | ||
| EV/EBITDA | 8.08 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
HEIJM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as HEIJM's earnings are expected to grow with 24.40% in the coming years.
PEG (NY)0.36
PEG (5Y)0.54
EPS Next 2Y30.94%
EPS Next 3Y24.4%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.75%, HEIJM has a reasonable but not impressive dividend return.
HEIJM's Dividend Yield is a higher than the industry average which is at 3.65.
Compared to an average S&P500 Dividend Yield of 2.33, HEIJM has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
5.2 History
The dividend of HEIJM is nicely growing with an annual growth rate of 29.98%!
Dividend Growth(5Y)29.98%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
21.37% of the earnings are spent on dividend by HEIJM. This is a low number and sustainable payout ratio.
HEIJM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP21.37%
EPS Next 2Y30.94%
EPS Next 3Y24.4%
KONINKLIJKE HEIJMANS N.V
AMS:HEIJM (1/6/2025, 7:00:00 PM)
31.95
-0.4 (-1.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners34.45%
Inst Owner ChangeN/A
Ins Owners5.58%
Ins Owner ChangeN/A
Market Cap877.99M
Analysts85.45
Price Target34.94 (9.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.75% |
Dividend Growth(5Y)29.98%
DP21.37%
Div Incr Years3
Div Non Decr Years3
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)0%
PT rev (3m)8.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-0.64%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.79 | ||
| Fwd PE | 7.54 | ||
| P/S | 0.41 | ||
| P/FCF | 21.68 | ||
| P/OCF | 10.23 | ||
| P/B | 2.29 | ||
| P/tB | 4.23 | ||
| EV/EBITDA | 8.08 |
EPS(TTM)2.96
EY9.26%
EPS(NY)4.24
Fwd EY13.27%
FCF(TTM)1.47
FCFY4.61%
OCF(TTM)3.12
OCFY9.77%
SpS77.05
BVpS13.96
TBVpS7.56
PEG (NY)0.36
PEG (5Y)0.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.47% | ||
| ROE | 15.57% | ||
| ROCE | 13.31% | ||
| ROIC | 10.33% | ||
| ROICexc | 11.05% | ||
| ROICexgc | 16.01% | ||
| OM | 3.82% | ||
| PM (TTM) | 2.82% | ||
| GM | 13.64% | ||
| FCFM | 1.91% |
ROA(3y)5.02%
ROA(5y)4.54%
ROE(3y)17.72%
ROE(5y)17.56%
ROIC(3y)10.73%
ROIC(5y)9.95%
ROICexc(3y)53.91%
ROICexc(5y)60.06%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)13.83%
ROCE(5y)12.83%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y-54.84%
ROICexc growth 5Y-16.77%
OM growth 3Y6.89%
OM growth 5Y21.82%
PM growth 3Y7.06%
PM growth 5Y16.81%
GM growth 3Y6.12%
GM growth 5Y8.32%
F-Score4
Asset Turnover1.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 4.38 | ||
| Debt/EBITDA | 1.01 | ||
| Cap/Depr | 98.59% | ||
| Cap/Sales | 2.14% | ||
| Interest Coverage | 8.57 | ||
| Cash Conversion | 67.59% | ||
| Profit Quality | 67.79% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.37 | ||
| Altman-Z | 2.56 |
F-Score4
WACC6.99%
ROIC/WACC1.48
Cap/Depr(3y)78.99%
Cap/Depr(5y)74.32%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.53%
Profit Quality(3y)124.92%
Profit Quality(5y)142.3%
High Growth Momentum
Growth
EPS 1Y (TTM)46.41%
EPS 3Y8.99%
EPS 5Y20.12%
EPS Q2Q%80.52%
EPS Next Y30%
EPS Next 2Y30.94%
EPS Next 3Y24.4%
EPS Next 5YN/A
Revenue 1Y (TTM)27.16%
Revenue growth 3Y6.63%
Revenue growth 5Y6.04%
Sales Q2Q%29.88%
Revenue Next Year22.52%
Revenue Next 2Y15.49%
Revenue Next 3Y11.95%
Revenue Next 5Y5.35%
EBIT growth 1Y14.2%
EBIT growth 3Y13.98%
EBIT growth 5Y29.18%
EBIT Next Year157.66%
EBIT Next 3Y45.51%
EBIT Next 5YN/A
FCF growth 1Y-52.62%
FCF growth 3Y-24.4%
FCF growth 5Y17.82%
OCF growth 1Y-21.94%
OCF growth 3Y-12.52%
OCF growth 5Y26.44%