BASE:HARG

Stock Analysis Report

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Executive Summary

Holcim (Argentina) S.A. operates in the construction material industry in Argentina. More Details


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


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 is less volatile than 75% of AR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: HARG's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

HARG

0.8%

AR Basic Materials

-2.6%

AR Market


1 Year Return

59.7%

HARG

35.7%

AR Basic Materials

21.8%

AR Market

Return vs Industry: HARG exceeded the AR Basic Materials industry which returned 35.5% over the past year.

Return vs Market: HARG exceeded the AR Market which returned 22.5% over the past year.


Shareholder returns

HARGIndustryMarket
7 Day-2.4%0.8%-2.6%
30 Day0.6%4.0%-8.4%
90 Day-1.6%14.3%-16.9%
1 Year63.0%59.7%39.4%35.7%22.5%21.8%
3 Year19.0%15.0%-8.5%-14.6%24.1%16.2%
5 Year883.6%753.4%19.1%7.7%196.3%159.1%

Long-Term 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?

22.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HARG (ARS120.75) is trading below our estimate of fair value (ARS155.33)

Significantly Below Fair Value: HARG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HARG's PE Ratio (28.8x) is in line with the XS Basic Materials industry average.

PE vs Market: HARG is poor value based on its PE Ratio (28.8x) compared to the AR market (8.2x).


Price to Earnings Growth Ratio

PEG Ratio: HARG is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: HARG is overvalued based on its PB Ratio (2.2x) compared to the XS Basic Materials industry average (0.9x).


Next Steps

Future Growth

How is Holcim (Argentina) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

35.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HARG's forecast earnings growth (35.6% per year) is above the savings rate (7.9%).

Earnings vs Market: HARG's earnings (35.6% per year) are forecast to grow slower than the AR market (36.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HARG's revenue (30.5% per year) is forecast to grow faster than the AR market (21.1% per year).

High Growth Revenue: HARG's revenue (30.5% 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


Next Steps

Past Performance

How has Holcim (Argentina) performed over the past 5 years?

40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HARG has high quality earnings.

Growing Profit Margin: HARG's current net profit margins (9.2%) are lower than last year (13.3%).


Past Earnings Growth Analysis

Earnings Trend: HARG's earnings have grown significantly by 40.1% per year over the past 5 years.

Accelerating Growth: HARG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HARG had negative earnings growth (-52.9%) over the past year, making it difficult to compare to the Basic Materials industry average (-44.3%).


Return on Equity

High ROE: HARG's Return on Equity (7.6%) 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 (ARS7.9B) exceed its short term liabilities (ARS7.3B).

Long Term Liabilities: HARG's short term assets (ARS7.9B) exceed its long term liabilities (ARS4.8B).


Debt to Equity History and Analysis

Debt Level: HARG's debt to equity ratio (5.1%) is considered satisfactory.

Reducing Debt: HARG's debt to equity ratio has increased from 2% to 5.1% over the past 5 years.

Debt Coverage: HARG's debt is well covered by operating cash flow (513.7%).

Interest Coverage: HARG earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Holcim (Argentina) 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 not been meaningfully diluted in the past year.


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$44.163b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HARGBASE (Buenos Aires Stock Exchange)YesCommon StockARARSJan 1992

Biography

Holcim (Argentina) S.A. operates in the construction material industry in Argentina. The company engages in the production of cement, concrete, and stone aggregates. It also offers limes, hydraulic binders...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 22:02
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.