Heidelberg Materials AG

XTRA:HEI Stock Report

Market Cap: €21.3b

Heidelberg Materials Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Dominik von Achten

Chief executive officer

€6.9m

Total compensation

CEO salary percentage22.2%
CEO tenure17.2yrs
CEO ownershipn/a
Management average tenure3.3yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

An Intrinsic Calculation For Heidelberg Materials AG (ETR:HEI) Suggests It's 49% Undervalued

Dec 18
An Intrinsic Calculation For Heidelberg Materials AG (ETR:HEI) Suggests It's 49% Undervalued

Heidelberg Materials (ETR:HEI) Seems To Use Debt Quite Sensibly

Dec 05
Heidelberg Materials (ETR:HEI) Seems To Use Debt Quite Sensibly

Should You Investigate Heidelberg Materials AG (ETR:HEI) At €94.28?

Aug 24
Should You Investigate Heidelberg Materials AG (ETR:HEI) At €94.28?

Heidelberg Materials AG's (ETR:HEI) Low P/E No Reason For Excitement

Jun 22
Heidelberg Materials AG's (ETR:HEI) Low P/E No Reason For Excitement

Heidelberg Materials (ETR:HEI) Is Increasing Its Dividend To €3.00

May 09
Heidelberg Materials (ETR:HEI) Is Increasing Its Dividend To €3.00

Heidelberg Materials' (ETR:HEI) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
Heidelberg Materials' (ETR:HEI) Upcoming Dividend Will Be Larger Than Last Year's

What Does Heidelberg Materials AG's (ETR:HEI) Share Price Indicate?

Apr 10
What Does Heidelberg Materials AG's (ETR:HEI) Share Price Indicate?

CEO Compensation Analysis

How has Dominik von Achten's remuneration changed compared to Heidelberg Materials's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

€2b

Mar 31 2024n/an/a

€2b

Dec 31 2023€7m€2m

€2b

Sep 30 2023n/an/a

€2b

Jun 30 2023n/an/a

€2b

Mar 31 2023n/an/a

€2b

Dec 31 2022€6m€1m

€2b

Sep 30 2022n/an/a

€2b

Jun 30 2022n/an/a

€2b

Mar 31 2022n/an/a

€2b

Dec 31 2021€6m€1m

€2b

Sep 30 2021n/an/a

€2b

Jun 30 2021n/an/a

€2b

Mar 31 2021n/an/a

-€133m

Dec 31 2020€5m€1m

-€2b

Sep 30 2020n/an/a

-€2b

Jun 30 2020n/an/a

-€2b

Mar 31 2020n/an/a

-€544m

Dec 31 2019€4m€1m

€1b

Sep 30 2019n/an/a

€1b

Jun 30 2019n/an/a

€999m

Mar 31 2019n/an/a

€1b

Dec 31 2018€4m€1m

€1b

Sep 30 2018n/an/a

€1b

Jun 30 2018n/an/a

€1b

Mar 31 2018n/an/a

€1b

Dec 31 2017€4m€1m

€969m

Compensation vs Market: Dominik's total compensation ($USD7.17M) is above average for companies of similar size in the German market ($USD4.86M).

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

CEO

Dominik von Achten (59 yo)

17.2yrs

Tenure

€6,874,000

Compensation

Dr. Dominik von Achten has been Chairman of Managing Board at Heidelberg Materials AG (formerly known as HeidelbergCement AG) (a/k/a HeidelbergCement Group) since February 1, 2020 and served as its Vice Ch...

Leadership Team

NamePositionTenureCompensationOwnership
Dominik von Achten
Chairman of Managing Board17.2yrs€6.87mno data
René Aldach
CFO & Member of the Managing Board3.3yrs€2.25mno data
Hakan Gurdal
Member of Managing Board8.8yrs€3.31mno data
Jon Morrish
Member of Managing Board8.8yrs€3.75mno data
Dennis Lentz
Chief Digital Officer & Member of Managing Board3.3yrs€2.60mno data
Chris Ward
Member of Managing Board5.3yrs€3.33mno data
Nicola Kimm
Chief Sustainability Officer & Member of the Managing Board3.3yrs€2.31mno data
Axel Conrads
CTO & Member of Management Boardless than a yearno datano data
Roberto Callieri
Member of the Managing Boardless than a yearno datano data
Anna Toborek-Kacar
Member of Supervisory Board & Director of Group Corporate Financeno datano datano data
Christoph Beumelburg
Director of Group Communication & Investor Relationsno datano datano data
Andreas Schnurr
Director of Group Human Resources & Group Complianceno datano datano data

3.3yrs

Average Tenure

54yo

Average Age

Experienced Management: HEI's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Anna Toborek-Kacar
Member of Supervisory Board & Director of Group Corporate Financeless than a yearno datano data
Friedrich von Metzler
Member of Advisory Councilno datano datano data
Paul Vanfrachem
Member of Advisor Councilno datano datano data
Ludwig Merckle
Independent Member of Supervisory Board25.5yrs€191.00kno data
Bernd Scheifele
Chairman of Supervisory Board2.6yrs€265.00kno data
Marinus Platschorre
Member of Advisory Councilno datano datano data
Jacques Merceron-Vicat
Member of Advisory Councilno datano datano data
Karl Kronimus
Member of Advisory Councilno datano datano data
Jochen Kirchhoff
Member of Advisory Councilno datano datano data
Jyoti Ishwar Narang
Chairman of the Boardless than a yearno datano data
Luka Mucic
Independent Member of Supervisory Board5.6yrs€172.00kno data
Sopna Sury
Member of Supervisory Board2.6yrs€114.00kno data

2.6yrs

Average Tenure

66yo

Average Age

Experienced Board: HEI's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heidelberg Materials AG is covered by 49 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Félix BrunotteAlphaValue
Gerhard SchwarzBaader Helvea Equity Research
Tom ZhangBarclays