HOLN

HolcimSWX:HOLN Stock Report

Market Cap

CHF28.7b

7D

-1.8%

1Y

7.6%

Updated

19 Sep, 2021

Data

Company Financials +
HOLN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health4/6
Dividends5/6

HOLN Overview

Holcim Ltd operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, North America, and internationally.

Holcim Competitors

Home Depot

NYSE:HD

US$354.3b

VINCI

ENXTPA:DG

€49.4b

Sika

SWX:SIKA

CHF45.9b

CRH

ISE:CRG

€33.1b

Price History & Performance

Summary of all time highs, changes and price drops for Holcim
Historical stock prices
Current Share PriceCHF46.91
52 Week HighCHF38.00
52 Week LowCHF58.46
Beta1.22
1 Month Change-8.63%
3 Month Change-15.84%
1 Year Change7.57%
3 Year Change2.78%
5 Year Change-11.24%
Change since IPO200.69%

Recent News & Updates

Sep 12
What Is Holcim Ltd's (VTX:HOLN) Share Price Doing?

What Is Holcim Ltd's (VTX:HOLN) Share Price Doing?

Holcim Ltd ( VTX:HOLN ) received a lot of attention from a substantial price movement on the SWX over the last few...

Aug 02
Analysts Are Updating Their Holcim Ltd (VTX:HOLN) Estimates After Its Half-Year Results

Analysts Are Updating Their Holcim Ltd (VTX:HOLN) Estimates After Its Half-Year Results

As you might know, Holcim Ltd ( VTX:HOLN ) recently reported its half-yearly numbers. Results were roughly in line with...

Jul 30
Holcim (VTX:HOLN) Shareholders Will Want The ROCE Trajectory To Continue

Holcim (VTX:HOLN) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...

Jun 25
Is Holcim (VTX:HOLN) Using Too Much Debt?

Is Holcim (VTX:HOLN) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

HOLNCH Basic MaterialsCH Market
7D-1.8%-1.9%-0.7%
1Y7.6%23.3%16.2%

Return vs Industry: HOLN underperformed the Swiss Basic Materials industry which returned 23.3% over the past year.

Return vs Market: HOLN underperformed the Swiss Market which returned 16.2% over the past year.

Price Volatility

Is HOLN's price volatile compared to industry and market?
HOLN volatility
HOLN Beta1.22
Industry Beta1.17
Market Beta1

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

Volatility Over Time: HOLN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183367,409Jan Jenischhttps://www.holcim.com

Holcim Ltd operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, North America, and internationally. It operates through four segments: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; and ready-mix concrete, precast concrete products, asphalts, and mortars.

Valuation

Is Holcim 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: HOLN (CHF46.91) is trading below our estimate of fair value (CHF209.01)

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


Price To Earnings Ratio

PE vs Industry: HOLN is good value based on its PE Ratio (13.2x) compared to the European Basic Materials industry average (14.8x).

PE vs Market: HOLN is good value based on its PE Ratio (13.2x) compared to the Swiss market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: HOLN is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: HOLN is good value based on its PB Ratio (1.1x) compared to the XE Basic Materials industry average (1.3x).


Future Growth

How is Holcim forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HOLN's forecast earnings growth (11.2% per year) is above the savings rate (-0.3%).

Earnings vs Market: HOLN's earnings (11.2% per year) are forecast to grow faster than the Swiss market (9.8% per year).

High Growth Earnings: HOLN's earnings are forecast to grow, but not significantly.

Revenue vs Market: HOLN's revenue (5% per year) is forecast to grow slower than the Swiss market (5.2% per year).

High Growth Revenue: HOLN's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HOLN's Return on Equity is forecast to be low in 3 years time (10.9%).


Past Performance

How has Holcim performed over the past 5 years?

27.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HOLN has high quality earnings.

Growing Profit Margin: HOLN's current net profit margins (8.7%) are higher than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: HOLN has become profitable over the past 5 years, growing earnings by 27.6% per year.

Accelerating Growth: HOLN's earnings growth over the past year (38.7%) exceeds its 5-year average (27.6% per year).

Earnings vs Industry: HOLN earnings growth over the past year (38.7%) exceeded the Basic Materials industry 36.1%.


Return on Equity

High ROE: HOLN's Return on Equity (8.9%) is considered low.


Financial Health

How is Holcim's financial position?


Financial Position Analysis

Short Term Liabilities: HOLN's short term assets (CHF11.1B) exceed its short term liabilities (CHF9.6B).

Long Term Liabilities: HOLN's short term assets (CHF11.1B) do not cover its long term liabilities (CHF18.7B).


Debt to Equity History and Analysis

Debt Level: HOLN's debt to equity ratio (49.3%) is considered high.

Reducing Debt: HOLN's debt to equity ratio has reduced from 65.6% to 49.3% over the past 5 years.

Debt Coverage: HOLN's debt is well covered by operating cash flow (32.5%).

Interest Coverage: HOLN's interest payments on its debt are well covered by EBIT (11x coverage).


Balance Sheet


Dividend

What is Holcim current dividend yield, its reliability and sustainability?

4.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HOLN's dividend (4.26%) is higher than the bottom 25% of dividend payers in the Swiss market (1.37%).

High Dividend: HOLN's dividend (4.26%) is in the top 25% of dividend payers in the Swiss market (3.6%)


Stability and Growth of Payments

Stable Dividend: HOLN's dividend payments have been volatile in the past 10 years.

Growing Dividend: HOLN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (56.3%), HOLN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HOLN's dividends in 3 years are forecast to be well covered by earnings (40.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Jan Jenisch (55 yo)

4yrs

Tenure

CHF7,942,553

Compensation

Mr. Jan Philipp Jenisch, Iic. Rer. Pol, has been the Chief Executive Officer of LafargeHolcim Ltd since September 1, 2017 and serves as its Director since May 4, 2021. Mr. Jenisch served as the Chief Execu...


CEO Compensation Analysis

Compensation vs Market: Jan's total compensation ($USD8.53M) is above average for companies of similar size in the Swiss market ($USD5.38M).

Compensation vs Earnings: Jan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HOLN's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: HOLN's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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 Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Holcim Ltd
  • Ticker: HOLN
  • Exchange: SWX
  • Founded: 1833
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: CHF28.695b
  • Shares outstanding: 611.71m
  • Website: https://www.holcim.com

Number of Employees


Location

  • Holcim Ltd
  • Grafenauweg 10
  • Zug
  • Zug
  • 6300
  • Switzerland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 17:02
End of Day Share Price2021/09/17 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.