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Market Cap

€1.4b

Last Updated

2021/04/25 19:24 UTC

Data Sources

Company Financials +

Executive Summary

Cementir Holding N.V., through its subsidiaries, provides cement and ready-mixed concrete in the Nordic and Baltic, Belgium, North America, Turkey, Egypt, Asia Pacific, Italy and internationally. More Details


Snowflake Analysis

Undervalued with solid track record and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine CEMM's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CEMM's volatility change over the past year.


Market Performance


7 Day Return

0%

CEMM

1.4%

GB Basic Materials

2.1%

GB Market


1 Year Return

28.2%

CEMM

45.8%

GB Basic Materials

26.3%

GB Market

Return vs Industry: CEMM underperformed the UK Basic Materials industry which returned 45.9% over the past year.

Return vs Market: CEMM matched the UK Market which returned 28.1% over the past year.


Shareholder returns

CEMMIndustryMarket
7 Day0%1.4%2.1%
30 Day0%4.3%3.5%
90 Dayn/a15.6%8.8%
1 Year31.6%28.2%46.6%45.8%31.9%26.3%
3 Year8.4%1.7%14.3%7.6%12.9%-0.1%
5 Year70.9%53.7%73.5%59.2%51.5%22.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Cementir Holding undervalued compared to its fair value and its price relative to the market?

35.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CEMM (€7.09) is trading below our estimate of fair value (€10.96)

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


Price To Earnings Ratio

PE vs Industry: CEMM is good value based on its PE Ratio (14.2x) compared to the GB Basic Materials industry average (32.5x).

PE vs Market: CEMM is good value based on its PE Ratio (14.2x) compared to the UK market (26.5x).


Price to Earnings Growth Ratio

PEG Ratio: CEMM is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: CEMM is good value based on its PB Ratio (1.4x) compared to the GB Basic Materials industry average (2.3x).


Future Growth

How is Cementir Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CEMM's forecast earnings growth (10.3% per year) is above the savings rate (1%).

Earnings vs Market: CEMM's earnings (10.3% per year) are forecast to grow slower than the UK market (20.6% per year).

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

Revenue vs Market: CEMM's revenue (4.8% per year) is forecast to grow slower than the UK market (6.2% per year).

High Growth Revenue: CEMM's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Cementir Holding performed over the past 5 years?

4.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CEMM has high quality earnings.

Growing Profit Margin: CEMM's current net profit margins (8.3%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: CEMM's earnings have grown by 4.6% per year over the past 5 years.

Accelerating Growth: CEMM's earnings growth over the past year (22.1%) exceeds its 5-year average (4.6% per year).

Earnings vs Industry: CEMM earnings growth over the past year (22.1%) exceeded the Basic Materials industry -42.6%.


Return on Equity

High ROE: CEMM's Return on Equity (9.2%) is considered low.


Financial Health

How is Cementir Holding's financial position?


Financial Position Analysis

Short Term Liabilities: CEMM's short term assets (€750.7M) exceed its short term liabilities (€683.7M).

Long Term Liabilities: CEMM's short term assets (€750.7M) exceed its long term liabilities (€365.7M).


Debt to Equity History and Analysis

Debt Level: CEMM's debt to equity ratio (38.3%) is considered satisfactory.

Reducing Debt: CEMM's debt to equity ratio has increased from 32.3% to 38.3% over the past 5 years.

Debt Coverage: CEMM's debt is well covered by operating cash flow (51.7%).

Interest Coverage: CEMM's interest payments on its debt are well covered by EBIT (15.5x coverage).


Balance Sheet


Dividend

What is Cementir Holding current dividend yield, its reliability and sustainability?

1.54%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 10 2021Ex Dividend DateMay 17 2021Dividend Pay DateMay 19 20212 days from Ex DividendBuy in the next 6 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CEMM's dividend (1.54%) is higher than the bottom 25% of dividend payers in the UK market (1.34%).

High Dividend: CEMM's dividend (1.54%) is low compared to the top 25% of dividend payers in the UK market (4.13%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.8%), CEMM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CEMM's dividends in 3 years are forecast to be well covered by earnings (19.8% payout ratio).


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Francesco Caltagirone (52 yo)

no data

Tenure

€5,325,000

Compensation

Mr. Francesco C. Caltagirone Jr., serves as the Group Chief Executive Officer and Member of Executive Board at Aalborg Portland Holding A/S. Mr. Caltagirone has been the Chairman of the Board and Chief Exe...


CEO Compensation Analysis

Compensation vs Market: Francesco's total compensation ($USD6.42M) is above average for companies of similar size in the UK market ($USD1.53M).

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


Leadership Team

Experienced Management: CEMM's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: CEMM's board of directors are considered experienced (7.5 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

Cementir Holding N.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cementir Holding N.V.
  • Ticker: CEMM
  • Exchange: BATS-CHIXE
  • Founded: 1947
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: €1.433b
  • Shares outstanding: 157.45m
  • Website: https://www.cementirholding.com

Number of Employees


Location

  • Cementir Holding N.V.
  • Corso di Francia 200
  • Rome
  • Rome
  • 191
  • Italy

Listings


Biography

Cementir Holding N.V., through its subsidiaries, provides cement and ready-mixed concrete in the Nordic and Baltic, Belgium, North America, Turkey, Egypt, Asia Pacific, Italy and internationally. The compa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/25 19:24
End of Day Share Price2021/01/26 00:00
Earnings2020/12/31
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.