Update shared on 27 Nov 2025
Fair value Increased 1.60%Holcim's fair value price target has increased modestly from CHF 72.05 to CHF 73.20. Analysts highlight renewed optimism, driven by upward revisions from major institutions and confidence in earnings resilience, despite cautious outlooks on revenue growth and profit margins.
Analyst Commentary
Analyst perspectives on Holcim reflect both optimism regarding the company’s strategic momentum and confidence in its operational resilience, as well as persistent concerns on potential headwinds affecting future growth and profitability.
Bullish Takeaways- Bullish analysts have raised price targets for Holcim, highlighting robust valuation upside and the company’s ability to deliver sustained earnings growth.
- Several upward price target revisions suggest improving sentiment and belief in successful execution of cost management initiatives, especially in Europe.
- Recent upgrades to Buy ratings point to Holcim as a leading way to benefit from structural changes within the European cement market.
- Resilience in heavy side business models, despite soft conditions in core U.S. construction markets, is cited as a positive driver for sustained performance.
- Bearish analysts maintain that Holcim’s sales guidance appears too ambitious and caution that recent positive trends may not be sustainable over the medium term.
- Concerns remain around near-term revenue growth, with some expecting weak volume trends to persist and challenge margin expansion.
- There is skepticism that consensus estimates may not yet fully capture the impact of recent divestitures.
What's in the News
- Holcim AG has confirmed its earnings guidance for the full year 2025, targeting 3% to 5% net sales growth and 6% to 10% recurring EBIT growth in local currency. The company expects a recurring EBIT margin above 18% (Company guidance).
- Samsung Electronics, Hyundai Motor, and other major South Korean manufacturers have announced significant domestic investment plans. Samsung is planning a new chip production line, and Hyundai has committed KRW 125.2 trillion between 2026 and 2030 (Reuters).
- South Korean citizens detained at a Hyundai Motor plant in Georgia are expected to return home voluntarily rather than face deportation, which could minimize re-entry bans (The Wall Street Journal).
Valuation Changes
- Fair Value Price Target has risen slightly from CHF 72.05 to CHF 73.20.
- Discount Rate is largely unchanged, increasing marginally from 5.21% to 5.22%.
- Revenue Growth projections have declined further, from -11.77% to -12.90%.
- Net Profit Margin is down slightly, moving from 13.57% to 13.50%.
- Future P/E ratio has increased from 19.05x to 20.23x, which indicates higher valuation expectations.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.