Executive Summary
Holcim (Argentina) S.A. produces and markets cement, concrete, and stone aggregates in Argentina.
Snowflake Analysis
Excellent balance sheet with proven track record.
Similar Companies
Share Price & News
How has Holcim (Argentina)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HARG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-3.7%
HARG
0.4%
AR Basic Materials
4.2%
AR Market
1 Year Return
-5.1%
HARG
-37.4%
AR Basic Materials
18.0%
AR Market
Return vs Industry: HARG exceeded the AR Basic Materials industry which returned -37.4% over the past year.
Return vs Market: HARG underperformed the AR Market which returned 18% over the past year.
Shareholder returns
| HARG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.7% | 0.4% | 4.2% |
| 30 Day | 13.2% | 0.3% | 34.0% |
| 90 Day | -5.4% | -32.1% | 3.8% |
| 1 Year | -5.1%-5.1% | -36.0%-37.4% | 20.6%18.0% |
| 3 Year | 82.0%70.3% | -53.4%-56.1% | 62.9%45.0% |
| 5 Year | 836.0%728.9% | -40.8%-45.6% | 261.9%212.9% |
Price Volatility Vs. Market
How volatile is Holcim (Argentina)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Holcim (Argentina) undervalued compared to its fair value and its price relative to the market?
10.55x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HARG (ARS80.4) is trading above our estimate of fair value (ARS57)
Significantly Below Fair Value: HARG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HARG is good value based on its PE Ratio (10.6x) compared to the Basic Materials industry average (12.9x).
PE vs Market: HARG is poor value based on its PE Ratio (10.6x) compared to the AR market (8.4x).
Price to Earnings Growth Ratio
PEG Ratio: HARG is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: HARG is overvalued based on its PB Ratio (1.8x) compared to the XS Basic Materials industry average (0.7x).
Next Steps
Future Growth
How is Holcim (Argentina) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
20.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HARG's forecast earnings growth (20.8% per year) is above the savings rate (8.2%).
Earnings vs Market: HARG's earnings (20.8% per year) are forecast to grow slower than the AR market (44.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HARG's revenue (23% per year) is forecast to grow faster than the AR market (19.2% per year).
High Growth Revenue: HARG's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HARG's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Holcim (Argentina) performed over the past 5 years?
55.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HARG has high quality earnings.
Growing Profit Margin: HARG's current net profit margins (14%) are higher than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: HARG's earnings have grown significantly by 55.9% per year over the past 5 years.
Accelerating Growth: HARG's earnings growth over the past year (13.2%) is below its 5-year average (55.9% per year).
Earnings vs Industry: HARG earnings growth over the past year (13.2%) exceeded the Basic Materials industry -16.2%.
Return on Equity
High ROE: HARG's Return on Equity (16.6%) is considered low.
Next Steps
Financial Health
How is Holcim (Argentina)'s financial position?
Financial Position Analysis
Short Term Liabilities: HARG's short term assets (ARS4.5B) do not cover its short term liabilities (ARS5.5B).
Long Term Liabilities: HARG's short term assets (ARS4.5B) exceed its long term liabilities (ARS2.8B).
Debt to Equity History and Analysis
Debt Level: HARG is debt free.
Reducing Debt: HARG has no debt compared to 5 years ago when its debt to equity ratio was 5%.
Debt Coverage: HARG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HARG has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Holcim (Argentina)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HARG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HARG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HARG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HARG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HARG is not paying a notable dividend for the AR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HARG's dividend in 3 years as they are not forecast to pay a notable one for the AR market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Manuel Augusto J.B. Ferrer
no data
Tenure
Manuel Augusto J.B. Ferrer serves as President of Holcim (Argentina) S.A. (formerly known as Juan Minetti SA).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Holcim (Argentina) S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Holcim (Argentina) S.A.
- Ticker: HARG
- Exchange: BASE
- Founded: 1930
- Industry: Construction Materials
- Sector: Materials
- Market Cap: AR$29.223b
- Shares outstanding: 365.74m
- Website: https://www.holcim.com.ar
Location
- Holcim (Argentina) S.A.
- Camino a Holcim S/N
- Casilla de Correo N° 16
- Malagueño
- Cordoba
- 5101
- Argentina
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HARG | BASE (Buenos Aires Stock Exchange) | Yes | Common Stock | AR | ARS | Jan 1992 |
Biography
Holcim (Argentina) S.A. produces and markets cement, concrete, and stone aggregates in Argentina. The company was founded in 1930 and is based in Malagueño, Argentina.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/25 18:56 |
| End of Day Share Price | 2020/05/22 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.