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HARG

Holcim (Argentina)BASE:HARG Stock Report

Market Cap

AR$57.7b

7D

-5.1%

1Y

45.7%

Updated

27 Sep, 2021

Data

Company Financials
HARG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

HARG Overview

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

Rewards

Trading at 66.4% below our estimate of its fair value

Earnings have grown 40.4% per year over the past 5 years

Risk Analysis

No risks detected for HARG from our risk checks.

Holcim (Argentina) Competitors

Boral

ASX:BLD

AU$6.7b

Adbri

ASX:ABC

AU$2.2b

Loma Negra Compañía Industrial Argentina Sociedad Anónima

NYSE:LOMA

US$836.7m

Wagners Holding

ASX:WGN

AU$348.2m

Price History & Performance

Summary of all time highs, changes and price drops for Holcim (Argentina)
Historical stock prices
Current Share PriceAR$157.75
52 Week HighAR$98.00
52 Week LowAR$199.00
Beta2.45
1 Month Change-12.36%
3 Month Change-4.97%
1 Year Change45.73%
3 Year Change178.71%
5 Year Change353.31%
Change since IPO1,429.52%

Recent News & Updates

Shareholder Returns

HARGAR Basic MaterialsAR Market
7D-5.1%3.6%25.0%
1Y45.7%40.0%89.8%

Return vs Industry: HARG exceeded the AR Basic Materials industry which returned 40% over the past year.

Return vs Market: HARG underperformed the AR Market which returned 89.8% over the past year.

Price Volatility

Is HARG's price volatile compared to industry and market?
HARG volatility
HARG Beta2.45
Industry Beta0.94
Market Beta1

Stable Share Price: HARG is not significantly more volatile than the rest of AR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HARG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1930n/aManuel Augusto J.B. Ferrerhttps://www.holcim.com.ar

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, and glues.

Holcim (Argentina) Fundamentals Summary

How do Holcim (Argentina)'s earnings and revenue compare to its market cap?
HARG fundamental statistics
Market CapAR$57.70b
Earnings (TTM)AR$5.37b
Revenue (TTM)AR$31.73b

10.7x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HARG income statement (TTM)
RevenueAR$31.73b
Cost of RevenueAR$17.19b
Gross ProfitAR$14.53b
ExpensesAR$9.16b
EarningsAR$5.37b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)14.68
Gross Margin45.81%
Net Profit Margin16.92%
Debt/Equity Ratio0.8%

How did HARG perform over the long term?

See historical performance and comparison

Valuation

Is Holcim (Argentina) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HARG (ARS157.75) is trading below our estimate of fair value (ARS468.8)

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


Price To Earnings Ratio

PE vs Industry: HARG is good value based on its PE Ratio (10.7x) compared to the South American Basic Materials industry average (12.6x).

PE vs Market: HARG is good value based on its PE Ratio (10.7x) compared to the AR market (15.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HARG's PEG Ratio to determine if it is good value.


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 (0.8x).


Future Growth

How is Holcim (Argentina) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.7%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Holcim (Argentina) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

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

40.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HARG has high quality earnings.

Growing Profit Margin: HARG's current net profit margins (16.9%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: HARG has become profitable over the past 5 years, growing earnings by 40.4% per year.

Accelerating Growth: HARG's earnings growth over the past year (200.3%) exceeds its 5-year average (40.4% per year).

Earnings vs Industry: HARG earnings growth over the past year (200.3%) underperformed the Basic Materials industry 240%.


Return on Equity

High ROE: HARG's Return on Equity (20.7%) is considered high.


Financial Health

How is Holcim (Argentina)'s financial position?


Financial Position Analysis

Short Term Liabilities: HARG's short term assets (ARS7.4B) do not cover its short term liabilities (ARS9.3B).

Long Term Liabilities: HARG's short term assets (ARS7.4B) exceed its long term liabilities (ARS6.5B).


Debt to Equity History and Analysis

Debt Level: HARG's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: HARG's debt to equity ratio has reduced from 4.7% to 0.8% over the past 5 years.

Debt Coverage: HARG's debt is well covered by operating cash flow (5464.9%).

Interest Coverage: HARG's interest payments on its debt are well covered by EBIT (25.7x coverage).


Balance Sheet


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 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$57.696b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:59
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.