0.62%
13.68%
35.47%
42.10%
59.64%
123.80%
123.73%
AI Spotlight on HEI
Company Description
HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and concrete/ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts consisting of stairs, ceiling elements, or structural components.In addition, it provides asphalt primarily used as a top layer in road construction, as well as trades in cement, clinker, secondary cementitious materials, and solid and alternative fuels.
HeidelbergCement AG was founded in 1873 and is headquartered in Heidelberg, Germany.
Market Data
| Last Price | 137.1 |
| Change Percentage | 0.62% |
| Open | 137 |
| Previous Close | 136.25 |
| Market Cap ( Millions) | 24833 |
| Volume | 39139 |
| Year High | 137.7 |
| Year Low | 81.94 |
| M A 50 | 123.65 |
| M A 200 | 104.44 |
Financial Ratios
| FCF Yield | 8.27% |
| Dividend Yield | 2.19% |
| ROE | 10.65% |
| Debt / Equity | 49.28% |
| Net Debt / EBIDTA | 183.23% |
| Price To Book | 1.41 |
| Price Earnings Ratio | 13.34 |
| Price To FCF | 12.1 |
| Price To sales | 1.19 |
| EV / EBITDA | 8.49 |
News
- Dec -20 - Is Heidelberg Materials AG (ETR:HEI) Trading At A 50% Discount?
- Dec -06 - At €124, Is It Time To Put Heidelberg Materials AG (ETR:HEI) On Your Watch List?
- Nov -22 - Heidelberg Materials AG (ETR:HEI) is a favorite amongst institutional investors who own 42%
- Nov -08 - Is Heidelberg Materials AG's (ETR:HEI) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
- Nov -05 - Is Heidelberg Materials AG Unsponsored ADR (HDELY) Outperforming Other Construction Stocks This Year?
- Oct -25 - Top Dividend Stocks On The German Exchange
- Oct -10 - Top German Dividend Stocks For October 2024
- Sep -25 - Top German Dividend Stocks For September 2024
- Sep -10 - Top German Dividend Stocks For September 2024
- Aug -26 - Heidelberg Materials And 2 Other Top German Dividend Stocks To Own
- Aug -09 - 3 German Dividend Stocks With Yields Up To 5.4%
- Aug -01 - Heidelberg Materials First Half 2024 Earnings: EPS: €3.19 (vs €4.07 in 1H 2023)
- Jul -25 - EDAG Engineering Group And Two More Top Dividend Stocks On The German Exchange
- Jul -09 - Heidelberg Materials And Two More Top Dividend Stocks In Germany
- Jul -04 - Choosing Beyond Siltronic For One Superior Dividend Stock
- Jun -24 - 3 German Dividend Stocks With Yields Up To 7.3%
- Jun -07 - 3 Leading German Dividend Stocks Offering Up To 6.8% Yield
- May -23 - Exploring Top Dividend Stocks In Germany For May 2024
- May -12 - Is It Smart To Buy Heidelberg Materials AG (ETR:HEI) Before It Goes Ex-Dividend?
- May -09 - Heidelberg Materials' (ETR:HEI) Dividend Will Be Increased To €3.00
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Cement
Expected Growth : 3.5 %
What the company do ?
HeidelbergCement AG's cement is a binding agent used in construction, made from limestone, clay, and other minerals, offering high-quality products for building and infrastructure projects.
Why we expect these perspectives ?
HeidelbergCement AG's 3.5% growth in cement segment is driven by increasing infrastructure spending, urbanization, and rising demand for sustainable construction materials. Additionally, the company's focus on cost savings, operational efficiency, and strategic acquisitions have contributed to its growth momentum.
Segment n°2 -> Ready-Mixed Concrete-Asphalt
Expected Growth : 3.8 %
What the company do ?
Ready-Mixed Concrete-Asphalt from HeidelbergCement AG is a building material combining cement, water, and aggregate for construction and infrastructure projects.
Why we expect these perspectives ?
HeidelbergCement AG's Ready-Mixed Concrete-Asphalt segment growth of 3.8% is driven by increasing infrastructure spending, urbanization, and rising demand for sustainable construction materials. Additionally, the company's strategic expansion into emerging markets, cost savings initiatives, and investments in digitalization and innovation are contributing to the segment's growth.
Segment n°3 -> Aggregates
Expected Growth : 3.2 %
What the company do ?
HeidelbergCement AG's Aggregates segment includes crushed stone, sand, and gravel used in construction, infrastructure, and asphalt production, generating approximately 30% of the company's revenue.
Why we expect these perspectives ?
HeidelbergCement AG's 3.2% growth is driven by increasing infrastructure spending, rising demand for sustainable building materials, and strategic acquisitions. Additionally, the company's focus on cost savings, operational efficiency, and pricing discipline have contributed to its growth momentum.
Segment n°4 -> Internal Sales
Expected Growth : 2.8 %
What the company do ?
Internal Sales from HeidelbergCement AG refers to the revenue generated from sales of cement, concrete, and other construction materials within Germany, accounting for approximately 20% of the company's total revenue.
Why we expect these perspectives ?
HeidelbergCement AG's internal sales growth of 2.8% is driven by increasing demand for building materials in emerging markets, particularly in Asia and Africa, as well as a focus on sustainable and innovative products. Additionally, the company's cost savings initiatives and operational efficiency improvements have contributed to the growth.
Segment n°5 -> Service-Other
Expected Growth : 3.0 %
What the company do ?
Service-Other from HeidelbergCement AG refers to the provision of additional services such as logistics, maintenance, and consulting to support their cement and concrete products.
Why we expect these perspectives ?
HeidelbergCement AG's Service-Other segment growth of 3.0% is driven by increasing demand for sustainable and digital solutions, expansion into emerging markets, and strategic partnerships. Additionally, the company's focus on cost savings and operational efficiency initiatives has improved profitability, contributing to the segment's growth.
Heidelbergcement Ag Products
| Product Range | What is it ? |
|---|---|
| Cement | HeidelbergCement AG offers a range of cement products for various construction applications, including ready-mix concrete, concrete products, and mortar. |
| Aggregates | HeidelbergCement AG provides a variety of aggregates, including sand, gravel, and crushed stone, for use in construction, landscaping, and infrastructure projects. |
| Ready-Mixed Concrete | HeidelbergCement AG offers ready-mixed concrete solutions for construction projects, including foundations, walls, and floors. |
| Asphalt | HeidelbergCement AG provides asphalt products for road construction, maintenance, and repair. |
| Concrete Products | HeidelbergCement AG offers a range of precast concrete products, including pipes, manholes, and other infrastructure components. |
| Building Materials | HeidelbergCement AG provides a range of building materials, including drywall, plaster, and lime. |
HeidelbergCement AG's Porter Forces
Threat Of Substitutes
The threat of substitutes for HeidelbergCement AG is moderate due to the availability of alternative building materials such as steel, wood, and glass. However, cement remains a dominant material in the construction industry, limiting the impact of substitutes.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the construction industry, where individual customers have limited negotiating power. HeidelbergCement AG's large customer base and diversified product offerings also reduce customer bargaining power.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of several large suppliers of raw materials such as limestone and energy. However, HeidelbergCement AG's vertical integration and long-term contracts with suppliers mitigate the impact of supplier bargaining power.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the cement industry, including significant capital requirements, regulatory hurdles, and the need for specialized expertise and equipment.
Intensity Of Rivalry
The intensity of rivalry in the cement industry is high due to the presence of several large players, including LafargeHolcim and Cemex. The industry is characterized by intense competition, with companies competing on price, quality, and service.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 30.94% |
| Debt Cost | 3.95% |
| Equity Weight | 69.06% |
| Equity Cost | 10.65% |
| WACC | 8.57% |
| Leverage | 44.81% |
HeidelbergCement AG : Quality Control
HeidelbergCement AG passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VCT.PA | Vicat S.A. produces and sells cement, ready-mixed concrete, and aggregates. The company operates in three segments: Cement, Concrete & Aggregates, and Other Products & Services. It offers various cement products, … |
| BREE.L | Breedon Group plc, together with its subsidiaries, engages in the quarrying, manufacture, and sale of construction materials and building products in the United Kingdom and internationally. The company offers various … |
| CRH.L | CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, … |
| TITC.BR | Titan Cement International S.A., together with its subsidiaries, produces, distributes, and trades in a range of construction materials in Greece and Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, … |
| BZU.MI | Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It also offers special binders, safety sheets, and clinkers, as well as construction hydraulic … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Buzzi Unicem
A-Score
1-Year Total Return ->
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Titan Cement
A-Score
1-Year Total Return ->
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Vicat
A-Score
1-Year Total Return ->
4
HeidelbergCement
A-Score
1-Year Total Return ->
5
Breedon
A-Score
1-Year Total Return ->
6
