KONINKLIJKE HEIJMANS N.V (HEIJM.AS) Stock Fundamental Analysis

Europe • Euronext Amsterdam • AMS:HEIJM • NL0009269109

70.1 EUR
-0.1 (-0.14%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to HEIJM. HEIJM was compared to 42 industry peers in the Construction & Engineering industry. HEIJM has only an average score on both its financial health and profitability. HEIJM is growing strongly while it is still valued neutral. This is a good combination! These ratings would make HEIJM suitable for growth investing!


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year HEIJM was profitable.
  • HEIJM had a positive operating cash flow in the past year.
  • Each year in the past 5 years HEIJM has been profitable.
  • In the past 5 years HEIJM always reported a positive cash flow from operatings.
HEIJM.AS Yearly Net Income VS EBIT VS OCF VS FCFHEIJM.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

  • HEIJM has a better Return On Assets (6.12%) than 71.43% of its industry peers.
  • HEIJM's Return On Equity of 18.99% is in line compared to the rest of the industry. HEIJM outperforms 57.14% of its industry peers.
  • HEIJM's Return On Invested Capital of 12.77% is fine compared to the rest of the industry. HEIJM outperforms 71.43% of its industry peers.
  • HEIJM had an Average Return On Invested Capital over the past 3 years of 11.74%. This is in line with the industry average of 11.33%.
  • The last Return On Invested Capital (12.77%) for HEIJM is above the 3 year average (11.74%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 6.12%
ROE 18.99%
ROIC 12.77%
ROA(3y)5.52%
ROA(5y)5.19%
ROE(3y)17.93%
ROE(5y)18.07%
ROIC(3y)11.74%
ROIC(5y)11.01%
HEIJM.AS Yearly ROA, ROE, ROICHEIJM.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60

1.3 Margins

  • HEIJM has a Profit Margin of 3.48%. This is comparable to the rest of the industry: HEIJM outperforms 45.24% of its industry peers.
  • In the last couple of years the Profit Margin of HEIJM has grown nicely.
  • Looking at the Operating Margin, with a value of 4.27%, HEIJM is doing worse than 69.05% of the companies in the same industry.
  • In the last couple of years the Operating Margin of HEIJM has grown nicely.
  • Looking at the Gross Margin, with a value of 13.10%, HEIJM is doing worse than 83.33% of the companies in the same industry.
  • In the last couple of years the Gross Margin of HEIJM has grown nicely.
Industry RankSector Rank
OM 4.27%
PM (TTM) 3.48%
GM 13.1%
OM growth 3Y10.69%
OM growth 5Y20.09%
PM growth 3Y6.58%
PM growth 5Y13.14%
GM growth 3Y-2.58%
GM growth 5Y3.68%
HEIJM.AS Yearly Profit, Operating, Gross MarginsHEIJM.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

6

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HEIJM is creating some value.
  • The number of shares outstanding for HEIJM has been increased compared to 1 year ago.
  • HEIJM has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for HEIJM has been reduced compared to a year ago.
HEIJM.AS Yearly Shares OutstandingHEIJM.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
HEIJM.AS Yearly Total Debt VS Total AssetsHEIJM.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • An Altman-Z score of 3.42 indicates that HEIJM is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.42, HEIJM belongs to the top of the industry, outperforming 88.10% of the companies in the same industry.
  • The Debt to FCF ratio of HEIJM is 0.59, which is an excellent value as it means it would take HEIJM, only 0.59 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of HEIJM (0.59) is better than 92.86% of its industry peers.
  • HEIJM has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.18, HEIJM is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 0.59
Altman-Z 3.42
ROIC/WACC1.73
WACC7.38%
HEIJM.AS Yearly LT Debt VS Equity VS FCFHEIJM.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M 400M

2.3 Liquidity

  • A Current Ratio of 1.06 indicates that HEIJM should not have too much problems paying its short term obligations.
  • HEIJM has a Current ratio of 1.06. This is comparable to the rest of the industry: HEIJM outperforms 47.62% of its industry peers.
  • A Quick Ratio of 0.44 indicates that HEIJM may have some problems paying its short term obligations.
  • HEIJM has a Quick ratio of 0.44. This is amonst the worse of the industry: HEIJM underperforms 97.62% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.44
HEIJM.AS Yearly Current Assets VS Current LiabilitesHEIJM.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

7

3. Growth

3.1 Past

  • HEIJM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.25%, which is quite impressive.
  • The Earnings Per Share has been growing by 18.70% on average over the past years. This is quite good.
  • HEIJM shows a strong growth in Revenue. In the last year, the Revenue has grown by 22.05%.
  • Measured over the past years, HEIJM shows a quite strong growth in Revenue. The Revenue has been growing by 10.06% on average per year.
EPS 1Y (TTM)38.25%
EPS 3Y13.82%
EPS 5Y18.7%
EPS Q2Q%54.68%
Revenue 1Y (TTM)22.05%
Revenue growth 3Y13.91%
Revenue growth 5Y10.06%
Sales Q2Q%7.64%

3.2 Future

  • The Earnings Per Share is expected to grow by 25.79% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 0.42% on average over the next years.
EPS Next Y56.01%
EPS Next 2Y34.58%
EPS Next 3Y25.79%
EPS Next 5YN/A
Revenue Next Year9.3%
Revenue Next 2Y7.53%
Revenue Next 3Y6.62%
Revenue Next 5Y0.42%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HEIJM.AS Yearly Revenue VS EstimatesHEIJM.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 1B 2B 3B
HEIJM.AS Yearly EPS VS EstimatesHEIJM.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 21.18, the valuation of HEIJM can be described as rather expensive.
  • HEIJM's Price/Earnings ratio is a bit more expensive when compared to the industry. HEIJM is more expensive than 66.67% of the companies in the same industry.
  • HEIJM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.92.
  • HEIJM is valuated correctly with a Price/Forward Earnings ratio of 12.10.
  • HEIJM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HEIJM is cheaper than 64.29% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. HEIJM is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 21.18
Fwd PE 12.1
HEIJM.AS Price Earnings VS Forward Price EarningsHEIJM.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 61.90% of the companies in the same industry are cheaper than HEIJM, based on the Enterprise Value to EBITDA ratio.
  • HEIJM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HEIJM is cheaper than 71.43% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.69
EV/EBITDA 11.55
HEIJM.AS Per share dataHEIJM.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • HEIJM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of HEIJM may justify a higher PE ratio.
  • HEIJM's earnings are expected to grow with 25.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)1.13
EPS Next 2Y34.58%
EPS Next 3Y25.79%

4

5. Dividend

5.1 Amount

  • HEIJM has a Yearly Dividend Yield of 2.39%.
  • HEIJM's Dividend Yield is comparable with the industry average which is at 2.49.
  • HEIJM's Dividend Yield is a higher than the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 2.39%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
HEIJM.AS Yearly Dividends per shareHEIJM.AS Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 11.78% of the earnings are spent on dividend by HEIJM. This is a low number and sustainable payout ratio.
DP11.78%
EPS Next 2Y34.58%
EPS Next 3Y25.79%
HEIJM.AS Yearly Income VS Free CF VS DividendHEIJM.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M
HEIJM.AS Dividend Payout.HEIJM.AS Dividend Payout, showing the Payout Ratio.HEIJM.AS Dividend Payout.PayoutRetained Earnings

KONINKLIJKE HEIJMANS N.V

AMS:HEIJM (2/6/2026, 7:00:00 PM)

70.1

-0.1 (-0.14%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)10-31
Earnings (Next)02-13
Inst Owners43.69%
Inst Owner ChangeN/A
Ins Owners5.78%
Ins Owner ChangeN/A
Market Cap1.93B
Revenue(TTM)2.58B
Net Income(TTM)90.00M
Analysts85.45
Price Target70.97 (1.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.39%
Yearly Dividend0.39
Dividend Growth(5Y)N/A
DP11.78%
Div Incr Years1
Div Non Decr Years1
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)12.38%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.09%
EPS NY rev (3m)-5.52%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.52%
Valuation
Industry RankSector Rank
PE 21.18
Fwd PE 12.1
P/S 0.75
P/FCF 9.69
P/OCF 8.4
P/B 4.06
P/tB 6.27
EV/EBITDA 11.55
EPS(TTM)3.31
EY4.72%
EPS(NY)5.8
Fwd EY8.27%
FCF(TTM)7.23
FCFY10.32%
OCF(TTM)8.34
OCFY11.9%
SpS94.04
BVpS17.25
TBVpS11.17
PEG (NY)0.38
PEG (5Y)1.13
Graham Number35.84
Profitability
Industry RankSector Rank
ROA 6.12%
ROE 18.99%
ROCE 16.97%
ROIC 12.77%
ROICexc 14.52%
ROICexgc 20.5%
OM 4.27%
PM (TTM) 3.48%
GM 13.1%
FCFM 7.69%
ROA(3y)5.52%
ROA(5y)5.19%
ROE(3y)17.93%
ROE(5y)18.07%
ROIC(3y)11.74%
ROIC(5y)11.01%
ROICexc(3y)17.35%
ROICexc(5y)57.55%
ROICexgc(3y)27.01%
ROICexgc(5y)N/A
ROCE(3y)15.6%
ROCE(5y)14.63%
ROICexgc growth 3YN/A
ROICexgc growth 5Y-19.25%
ROICexc growth 3Y-49.29%
ROICexc growth 5Y-4.07%
OM growth 3Y10.69%
OM growth 5Y20.09%
PM growth 3Y6.58%
PM growth 5Y13.14%
GM growth 3Y-2.58%
GM growth 5Y3.68%
F-Score6
Asset Turnover1.76
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 0.59
Debt/EBITDA 0.49
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 10.03
Cash Conversion 134.43%
Profit Quality 220.89%
Current Ratio 1.06
Quick Ratio 0.44
Altman-Z 3.42
F-Score6
WACC7.38%
ROIC/WACC1.73
Cap/Depr(3y)69.35%
Cap/Depr(5y)77.53%
Cap/Sales(3y)1.56%
Cap/Sales(5y)1.63%
Profit Quality(3y)151.44%
Profit Quality(5y)170.26%
High Growth Momentum
Growth
EPS 1Y (TTM)38.25%
EPS 3Y13.82%
EPS 5Y18.7%
EPS Q2Q%54.68%
EPS Next Y56.01%
EPS Next 2Y34.58%
EPS Next 3Y25.79%
EPS Next 5YN/A
Revenue 1Y (TTM)22.05%
Revenue growth 3Y13.91%
Revenue growth 5Y10.06%
Sales Q2Q%7.64%
Revenue Next Year9.3%
Revenue Next 2Y7.53%
Revenue Next 3Y6.62%
Revenue Next 5Y0.42%
EBIT growth 1Y37.09%
EBIT growth 3Y26.08%
EBIT growth 5Y32.17%
EBIT Next Year108.79%
EBIT Next 3Y35.9%
EBIT Next 5YN/A
FCF growth 1Y176.46%
FCF growth 3Y38.55%
FCF growth 5Y47.76%
OCF growth 1Y218.74%
OCF growth 3Y31.81%
OCF growth 5Y42.73%

KONINKLIJKE HEIJMANS N.V / HEIJM.AS FAQ

What is the fundamental rating for HEIJM stock?

ChartMill assigns a fundamental rating of 6 / 10 to HEIJM.AS.


What is the valuation status for HEIJM stock?

ChartMill assigns a valuation rating of 5 / 10 to KONINKLIJKE HEIJMANS N.V (HEIJM.AS). This can be considered as Fairly Valued.


Can you provide the profitability details for KONINKLIJKE HEIJMANS N.V?

KONINKLIJKE HEIJMANS N.V (HEIJM.AS) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for HEIJM stock?

The Price/Earnings (PE) ratio for KONINKLIJKE HEIJMANS N.V (HEIJM.AS) is 21.18 and the Price/Book (PB) ratio is 4.06.


What is the financial health of KONINKLIJKE HEIJMANS N.V (HEIJM.AS) stock?

The financial health rating of KONINKLIJKE HEIJMANS N.V (HEIJM.AS) is 6 / 10.