SWX:LHN

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Executive Summary

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


Snowflake Analysis

Established dividend payer with adequate balance sheet.


Similar Companies

Share Price & News

How has LafargeHolcim's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LHN is not significantly more volatile than the rest of Swiss stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

1.1%

LHN

-0.5%

CH Basic Materials

-1.3%

CH Market


1 Year Return

-6.1%

LHN

-5.5%

CH Basic Materials

-1.3%

CH Market

Return vs Industry: LHN matched the Swiss Basic Materials industry which returned -5.5% over the past year.

Return vs Market: LHN underperformed the Swiss Market which returned -1.3% over the past year.


Shareholder returns

LHNIndustryMarket
7 Day1.1%-0.5%-1.3%
30 Day14.5%10.5%0.4%
90 Day15.5%12.5%1.9%
1 Year-0.8%-6.1%-2.3%-5.5%2.2%-1.3%
3 Year4.5%-8.3%-1.5%-10.3%17.6%5.1%
5 Year19.2%-2.5%19.8%3.6%41.9%18.4%

Long-Term Price Volatility Vs. Market

How volatile is LafargeHolcim's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is LafargeHolcim 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: LHN (CHF48.58) is trading below our estimate of fair value (CHF100.42)

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


Price To Earnings Ratio

PE vs Industry: LHN is poor value based on its PE Ratio (19x) compared to the XE Basic Materials industry average (15.2x).

PE vs Market: LHN is good value based on its PE Ratio (19x) compared to the Swiss market (22.8x).


Price to Earnings Growth Ratio

PEG Ratio: LHN is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: LHN's PB Ratio (1.1x) is in line with the XE Basic Materials industry average.


Next Steps

Future Growth

How is LafargeHolcim forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LHN's forecast earnings growth (11.6% per year) is above the savings rate (-0.2%).

Earnings vs Market: LHN's earnings (11.6% per year) are forecast to grow slower than the Swiss market (13.4% per year).

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

Revenue vs Market: LHN's revenue (3.9% per year) is forecast to grow slower than the Swiss market (4.8% per year).

High Growth Revenue: LHN's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LHN's Return on Equity is forecast to be low in 3 years time (8.1%).


Next Steps

Past Performance

How has LafargeHolcim performed over the past 5 years?

21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LHN has high quality earnings.

Growing Profit Margin: LHN's current net profit margins (6.4%) are lower than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: LHN's earnings have grown significantly by 21.6% per year over the past 5 years.

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

Earnings vs Industry: LHN had negative earnings growth (-28.5%) over the past year, making it difficult to compare to the Basic Materials industry average (-7.8%).


Return on Equity

High ROE: LHN's Return on Equity (6.4%) is considered low.


Next Steps

Financial Health

How is LafargeHolcim's financial position?


Financial Position Analysis

Short Term Liabilities: LHN's short term assets (CHF10.3B) exceed its short term liabilities (CHF8.9B).

Long Term Liabilities: LHN's short term assets (CHF10.3B) do not cover its long term liabilities (CHF17.0B).


Debt to Equity History and Analysis

Debt Level: LHN's debt to equity ratio (45.3%) is considered high.

Reducing Debt: LHN's debt to equity ratio has reduced from 62% to 45.3% over the past 5 years.

Debt Coverage: LHN's debt is well covered by operating cash flow (39.2%).

Interest Coverage: LHN's interest payments on its debt are well covered by EBIT (7.3x coverage).


Balance Sheet


Next Steps

Dividend

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

4.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LHN's dividend (4.12%) is higher than the bottom 25% of dividend payers in the Swiss market (1.94%).

High Dividend: LHN's dividend (4.12%) is in the top 25% of dividend payers in the Swiss market (3.77%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (78.4%), LHN's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LHN's dividends in 3 years are forecast to be covered by earnings (51.9% payout ratio).


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Jan Jenisch (54 yo)

3.25yrs

Tenure

CHF8,633,958

Compensation

Mr. Jan Philipp Jenisch, Iic. Rer. Pol, has been the Chief Executive Officer of LafargeHolcim since September 1, 2017. Mr. Jenisch served as the Chief Executive Officer of Sika AG since January 1, 2012 unt...


CEO Compensation Analysis

Compensation vs Market: Jan's total compensation ($USD9.69M) is above average for companies of similar size in the Swiss market ($USD6.06M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Jan Jenisch
Chief Executive Officer3.25yrsCHF8.63m0.042%
CHF 12.5m
Geraldine J. Picaud
Chief Financial Officer2.92yrsno data0.0065%
CHF 1.9m
Swetlana Schoordijk
Head of Investor Relationsno datano datano data
Keith Carr
Group General Counsel and Head of Legal & Complianceno datano data0.00081%
CHF 239.7k
Feliciano Muñoz
Head of Human Resources2.58yrsno data0.00043%
CHF 127.3k
Martin Kriegner
Region Head of Asia Pacific4.33yrsno data0.0027%
CHF 784.4k
Oliver Osswald
Region Head of Latin America4.33yrsno data0.00095%
CHF 281.2k
Marcel Cobuz
Region Head of Europe2.92yrsno data0.0025%
CHF 728.1k
René Thibault
Head of North America Region2.92yrsno data0.0020%
CHF 597.9k
Jamie Gentoso
CEO of U.S. Cement Operations2.58yrsno datano data
Jocelyn Gerst
Head of US Communicationsno datano datano data
Miljan Gutovic
Head of Region Middle East Africa2.42yrsno data0.0014%
CHF 405.5k

2.9yrs

Average Tenure

54yo

Average Age

Experienced Management: LHN's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Óscar Fanjul Martín
Independent Vice Chairman3.58yrsCHF410.00k0.0026%
CHF 757.7k
Patrick Kron
Independent Director3.58yrsCHF410.00k0.00055%
CHF 162.8k
Thomas Schmidheiny
Honorary Chairman2.58yrsno data7.46%
CHF 2.2b
Beat Hess
Independent Chairman3.58yrsCHF1.72m0.0093%
CHF 2.8m
Dieter Spälti
Independent Director17.92yrsCHF294.34k0.013%
CHF 3.8m
Colin Hall
Independent Director1.58yrsCHF145.83kno data
Jürg Oleas
Independent Director4.58yrsCHF254.34k0.0013%
CHF 370.0k
William Loader
Independent Director14.92yrsCHF375.00k0.0035%
CHF 1.0m
Kim Fausing
Director0.58yrno datano data
Naina Lal Kidwai
Independent Director1.58yrsCHF145.83kno data
Hanne Birgitte Breinbjerg Sorensen
Independent Director7.92yrsCHF290.00k0.0018%
CHF 538.7k
Claudia Ramirez
Independent Director1.58yrsCHF122.50kno data

3.6yrs

Average Tenure

63yo

Average Age

Experienced Board: LHN's board of directors are considered experienced (3.6 years average tenure).


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

LafargeHolcim Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: LafargeHolcim Ltd
  • Ticker: LHN
  • Exchange: SWX
  • Founded: 1833
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: CHF29.598b
  • Shares outstanding: 613.69m
  • Website: https://www.lafargeholcim.com

Number of Employees


Location

  • LafargeHolcim Ltd
  • Zürcherstrasse 156
  • Jona
  • St. Gallen
  • 8645
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HCML.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDJan 1992
HLBNDB (Deutsche Boerse AG)YesRegistered SharesDEEURJan 1992
LHNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 1992
0QKYLSE (London Stock Exchange)YesRegistered SharesGBEURJan 1992
HLBNXTRA (XETRA Trading Platform)YesRegistered SharesDEEURJan 1992
LHNENXTPA (Euronext Paris)YesRegistered SharesFREURJan 1992
LHN NBMV (Bolsa Mexicana de Valores)YesRegistered SharesMXMXNJan 1992
HCML.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008
HLBBDB (Deutsche Boerse AG)ADRDEEUROct 2008

Biography

LafargeHolcim 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 in four segment...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 18:03
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
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.