CRH
CRH plc, through its subsidiaries, manufactures and distributes building materials. The last earnings update was 75 days ago. More info.
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CRG Share Price and Events
7 Day Returns
1 Year Returns
CRG Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| CRH (CRG) | 1% | -5.4% | 4% | -7.9% | 5.8% | 40.3% |
| Europe Basic Materials | 0.5% | -4.5% | 4.3% | -11.8% | 4.3% | -5.5% |
| IE Market | -0% | -5.3% | 1.6% | -13.6% | 0.7% | 39.8% |
1 Year Return vs Industry and Market
- CRG outperformed the Basic Materials industry which returned -11.8% over the past year.
- CRG outperformed the Market in Ireland which returned -13.6% over the past year.
Value
Is CRH undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
CRH
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for CRH.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 23 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.1% |
| Perpetual Growth Rate | 10-Year IE Government Bond Rate | 0.9% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IE Govt Bond Rate | 0.9% |
| Equity Risk Premium | S&P Global | 7.1% |
| Basic Materials Unlevered Beta | Simply Wall St/ S&P Global | 0.9 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.903 (1 + (1- 12.5%) (40.53%)) |
1.15 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.15 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.9% + (1.15 * 7.14%) |
9.11% |
Discounted Cash Flow Calculation for ISE:CRG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for CRH is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 9.11%) |
|
|---|---|---|---|
| 2019 | 1,694.12 | Analyst x13 | 1,552.70 |
| 2020 | 1,898.82 | Analyst x13 | 1,595.02 |
| 2021 | 2,143.86 | Analyst x9 | 1,650.52 |
| 2022 | 2,379.53 | Analyst x3 | 1,679.03 |
| 2023 | 2,249.10 | Analyst x2 | 1,454.51 |
| 2024 | 2,166.38 | Est @ -3.68% | 1,284.06 |
| 2025 | 2,116.46 | Est @ -2.3% | 1,149.74 |
| 2026 | 2,088.03 | Est @ -1.34% | 1,039.61 |
| 2027 | 2,074.04 | Est @ -0.67% | 946.43 |
| 2028 | 2,069.91 | Est @ -0.2% | 865.70 |
| Present value of next 10 years cash flows | €13,217.30 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €2,069.91 × (1 + 0.9%) ÷ (9.11% – 0.9%) |
€25,443.65 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €25,443.65 ÷ (1 + 9.11%)10 |
€10,641.28 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €13,217.30 + €10,641.28 |
€23,858.59 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €23,858.59 / 805.87 |
€29.61 |
| Calculation | Result | |
|---|---|---|
| Value per share (EUR) | From above. | €29.61 |
| Current discount | Discount to share price of
€28.89
= -1 x (€28.89 - €29.61) / €29.61 |
2.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- CRH's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- CRH's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for CRH's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
CRH's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €1.72 |
| ISE:CRG Share Price ** | ISE (2019-05-22) in EUR | €28.89 |
| Europe Basic Materials Industry PE Ratio | Median Figure of 27 Publicly-Listed Basic Materials Companies | 12.22x |
| Ireland Market PE Ratio | Median Figure of 23 Publicly-Listed Companies | 11.42x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of CRH.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ISE:CRG Share Price ÷ EPS (both in EUR) = 28.89 ÷ 1.72 |
16.79x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CRH is overvalued based on earnings compared to the Europe Basic Materials industry average.
- CRH is overvalued based on earnings compared to the Ireland market.
Price based on expected Growth
Does
CRH's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 16.79x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts |
8.7%per year |
| Europe Basic Materials Industry PEG Ratio | Median Figure of 18 Publicly-Listed Basic Materials Companies | 1.49x |
| Ireland Market PEG Ratio | Median Figure of 19 Publicly-Listed Companies | 0.99x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 16.79x ÷ 8.7% |
1.94x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CRH is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
CRH's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €19.65 |
| ISE:CRG Share Price * | ISE (2019-05-22) in EUR | €28.89 |
| Europe Basic Materials Industry PB Ratio | Median Figure of 33 Publicly-Listed Basic Materials Companies | 1.17x |
| Ireland Market PB Ratio | Median Figure of 33 Publicly-Listed Companies | 1.15x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ISE:CRG Share Price ÷ Book Value per Share (both in EUR) = 28.89 ÷ 19.65 |
1.47x |
* Primary Listing of CRH.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CRH is overvalued based on assets compared to the Europe Basic Materials industry average.
Value checks
We assess CRH's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check) CRH has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is CRH expected to perform in the next 1 to 3 years based on estimates from 23 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- CRH's earnings growth is expected to exceed the low risk savings rate of 0.9%.
Growth vs Market Checks
- CRH's earnings growth is positive but not above the Ireland market average.
- CRH's revenue growth is positive but not above the Ireland market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| ISE:CRG Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 23 Analysts | 8.7% |
| ISE:CRG Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 23 Analysts | 4.3% |
| Europe Basic Materials Industry Earnings Growth Rate | Market Cap Weighted Average | 12.2% |
| Europe Basic Materials Industry Revenue Growth Rate | Market Cap Weighted Average | 3.9% |
| Ireland Market Earnings Growth Rate | Market Cap Weighted Average | 11.9% |
| Ireland Market Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 33,178 | 3,722 | 2,379 | 3 |
| 2022-12-31 | 32,381 | 4,244 | 2,301 | 5 |
| 2021-12-31 | 30,813 | 3,629 | 2,107 | 14 |
| 2020-12-31 | 29,937 | 3,379 | 1,894 | 23 |
| 2019-12-31 | 28,821 | 3,280 | 1,913 | 22 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 26,790 | 1,899 | 1,432 |
| 2018-09-30 | 26,052 | 1,913 | 1,631 |
| 2018-06-30 | 25,314 | 1,927 | 1,829 |
| 2018-03-31 | 25,267 | 2,058 | 1,809 |
| 2017-12-31 | 25,220 | 2,189 | 1,788 |
| 2017-06-30 | 23,946 | 2,222 | 1,220 |
| 2017-03-31 | 24,368 | 2,281 | 1,191 |
| 2016-12-31 | 24,789 | 2,340 | 1,162 |
| 2016-09-30 | 27,031 | 2,463 | 1,100 |
| 2016-06-30 | 26,958 | 2,585 | 957 |
| 2016-03-31 | 25,297 | 2,416 | 841 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
All data from CRH Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 2.82 | 2.82 | 2.82 | 1.00 |
| 2022-12-31 | 2.55 | 2.55 | 2.55 | 1.00 |
| 2021-12-31 | 2.49 | 2.88 | 2.29 | 7.00 |
| 2020-12-31 | 2.30 | 2.57 | 1.93 | 11.00 |
| 2019-12-31 | 2.09 | 2.20 | 1.89 | 10.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 1.72 |
| 2018-09-30 | 1.95 |
| 2018-06-30 | 2.18 |
| 2018-03-31 | 2.16 |
| 2017-12-31 | 2.14 |
| 2017-06-30 | 1.47 |
| 2017-03-31 | 1.43 |
| 2016-12-31 | 1.40 |
| 2016-09-30 | 1.33 |
| 2016-06-30 | 1.16 |
| 2016-03-31 | 1.03 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess CRH's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
CRH has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has CRH performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- CRH has delivered over 20% year on year earnings growth in the past 5 years.
- CRH's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- CRH's 1-year earnings growth is negative, it can't be compared to the Europe Basic Materials industry average.
Earnings and Revenue History
All data from CRH Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 26,790.00 | 1,432.00 | 6,471.00 | |
| 2018-09-30 | 26,052.00 | 1,630.50 | 6,329.50 | |
| 2018-06-30 | 25,314.00 | 1,829.00 | 6,188.00 | |
| 2018-03-31 | 25,267.00 | 1,808.50 | 6,210.50 | |
| 2017-12-31 | 25,220.00 | 1,788.00 | 6,233.00 | |
| 2017-06-30 | 23,946.00 | 1,220.00 | 6,087.00 | |
| 2017-03-31 | 24,367.50 | 1,191.00 | 6,207.00 | |
| 2016-12-31 | 24,789.00 | 1,162.00 | 6,327.00 | |
| 2016-09-30 | 27,031.00 | 1,100.00 | 6,858.00 | |
| 2016-06-30 | 26,958.00 | 957.00 | 6,894.00 | |
| 2016-03-31 | 25,296.50 | 840.50 | 6,437.50 | |
| 2015-12-31 | 21,406.00 | 639.00 | 5,514.00 | |
| 2015-09-30 | 21,796.50 | 653.50 | 5,449.00 | |
| 2015-06-30 | 19,958.00 | 583.00 | 4,917.00 | |
| 2015-03-31 | 19,435.00 | 582.50 | 4,749.50 | |
| 2014-12-31 | 18,912.00 | 582.00 | 4,582.00 | |
| 2014-09-30 | 18,630.00 | 194.00 | 4,733.00 | |
| 2014-06-30 | 18,348.00 | -194.00 | 4,884.00 | |
| 2014-03-31 | 18,189.50 | -245.00 | 4,842.00 | |
| 2013-12-31 | 18,031.00 | -296.00 | 4,800.00 | |
| 2013-09-30 | 17,925.50 | 44.00 | 4,639.00 | |
| 2013-06-30 | 17,820.00 | 384.00 | 4,192.00 | |
| 2013-03-31 | 17,952.00 | 461.00 | 4,167.50 | |
| 2012-12-31 | 18,084.00 | 538.00 | 4,286.00 | |
| 2012-09-30 | 18,135.00 | 564.50 | 4,163.50 | |
| 2012-06-30 | 18,186.00 | 611.00 | 4,054.00 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- CRH has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- CRH used its assets less efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
- CRH has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess CRH's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
CRH has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is CRH's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up CRH's finances.
The net worth of a company is the difference between its assets and liabilities.
- CRH is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- CRH's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from CRH Company Filings, last reported 4 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 16,554.00 | 9,375.00 | 2,351.00 |
| 2018-09-30 | 16,554.00 | 9,375.00 | 2,351.00 |
| 2018-06-30 | 15,971.00 | 9,964.00 | 1,848.00 |
| 2018-03-31 | 15,971.00 | 9,964.00 | 1,848.00 |
| 2017-12-31 | 14,977.00 | 7,990.00 | 2,130.00 |
| 2017-06-30 | 13,916.00 | 8,404.00 | 1,930.00 |
| 2017-03-31 | 13,916.00 | 8,404.00 | 1,930.00 |
| 2016-12-31 | 14,443.00 | 7,822.00 | 2,451.00 |
| 2016-09-30 | 14,443.00 | 7,822.00 | 2,451.00 |
| 2016-06-30 | 13,111.00 | 8,610.00 | 1,394.00 |
| 2016-03-31 | 13,111.00 | 8,610.00 | 1,394.00 |
| 2015-12-31 | 13,544.00 | 9,245.00 | 2,527.00 |
| 2015-09-30 | 13,544.00 | 9,245.00 | 2,527.00 |
| 2015-06-30 | 12,544.00 | 6,543.00 | 5,239.00 |
| 2015-03-31 | 12,544.00 | 6,543.00 | 5,239.00 |
| 2014-12-31 | 10,198.00 | 5,889.00 | 3,264.00 |
| 2014-09-30 | 10,198.00 | 5,889.00 | 3,264.00 |
| 2014-06-30 | 9,299.00 | 4,934.00 | 1,146.00 |
| 2014-03-31 | 9,299.00 | 4,934.00 | 1,146.00 |
| 2013-12-31 | 9,686.00 | 5,593.00 | 2,549.00 |
| 2013-09-30 | 9,686.00 | 5,593.00 | 2,549.00 |
| 2013-06-30 | 10,193.00 | 5,530.00 | 1,224.00 |
| 2013-03-31 | 10,193.00 | 5,530.00 | 1,224.00 |
| 2012-12-31 | 10,589.00 | 4,828.00 | 1,795.00 |
| 2012-09-30 | 10,589.00 | 4,828.00 | 1,795.00 |
| 2012-06-30 | 10,454.00 | 5,264.00 | 1,149.00 |
- CRH's level of debt (56.6%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (57.7% vs 56.6% today).
- Debt is well covered by operating cash flow (20.3%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 6.9x coverage).
Financial health checks
We assess CRH's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) CRH has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is CRH's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
€2,000 of
CRH
shares you are expected to receive
€50
in your first year as a dividend.
Dividend Amount
- CRH's pays a higher dividend yield than the bottom 25% of dividend payers in Ireland (2.18%).
- CRH's dividend is below the markets top 25% of dividend payers in Ireland (4.07%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 23 Analyst Estimates (S&P Global) | See Below |
| Europe Basic Materials Industry Average Dividend Yield | Market Cap Weighted Average of 22 Stocks | 3.1% |
| Ireland Market Average Dividend Yield | Market Cap Weighted Average of 21 Stocks | 2.4% |
| Ireland Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Ireland Bottom 25% Dividend Yield | 25th Percentile | 2.2% |
| Ireland Top 25% Dividend Yield | 75th Percentile | 4.1% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | 0.83 | 2.00 |
| 2022-12-31 | 0.82 | 4.00 |
| 2021-12-31 | 0.85 | 13.00 |
| 2020-12-31 | 0.81 | 18.00 |
| 2019-12-31 | 0.76 | 17.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-08 | 0.720 | 2.515 |
| 2019-02-28 | 0.720 | 2.584 |
| 2018-03-09 | 0.680 | 2.489 |
| 2018-03-01 | 0.680 | 2.470 |
| 2017-08-24 | 0.654 | 2.188 |
| 2017-03-10 | 0.650 | 2.044 |
| 2017-03-02 | 0.650 | 1.957 |
| 2016-03-16 | 0.625 | 2.182 |
| 2016-03-03 | 0.625 | 2.531 |
| 2015-03-12 | 0.625 | 2.480 |
| 2015-02-26 | 0.625 | 2.525 |
| 2014-08-21 | 0.625 | 3.285 |
| 2014-03-13 | 0.625 | 3.196 |
| 2014-02-25 | 0.625 | 2.986 |
| 2013-09-13 | 0.625 | 3.373 |
| 2013-02-28 | 0.625 | 3.833 |
| 2012-03-28 | 0.625 | 4.245 |
| 2012-02-28 | 0.625 | 3.907 |
| 2011-08-16 | 0.625 | 4.695 |
| 2011-03-31 | 0.625 | 4.263 |
| 2011-03-01 | 0.625 | 3.971 |
| 2010-04-01 | 0.625 | 4.077 |
| 2010-03-03 | 0.625 | 3.428 |
| 2009-08-25 | 0.622 | 3.452 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
CRH's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are well covered by earnings (2.4x coverage).
- Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).
Income/ dividend checks
We assess CRH's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can CRH afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) CRH has a total score of 5/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | €8,230,000 |
| AGE | 55 |
| TENURE AS CEO | 5.3 years |
CEO Bio
Mr. Albert Jude Manifold, FCPA, MBA, MBS, has been Chief Executive Officer at CRH Plc since January 01, 2014. Mr. Manifold has been an Executive Director of CRH Plc since January 01, 2009. He served as Managing Director of CRH Europe Holding B.V. since 2007. He served as the Chief Operating Officer of CRH Plc from January 01, 2009 to December 31, 2013 and Group Development Director since 2005. He joined CRH in 1998. While at CRH, he has held a variety of senior positions, including Finance Director of the Europe Materials Division and Managing Director of Europe Materials. Prior to joining CRH, he was Chief Operating Officer with a private equity group. He served as a Director of Secil - Companhia Geral de Cal e Cimento, S.A. He holds FCPA, MBA and MBS.
CEO Compensation
- Albert's compensation has been consistent with company performance over the past year, both up more than 20%.
- Insufficient data for Albert to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure
Average tenure and age of the CRH management team in years:
- The tenure for the CRH management team is about average.
Management Team
Albert Manifold
CEO & Executive Director
€8M
55
5.3 yrs
Finbarr Murphy
Finance Director & Executive Director
€3M
49
3.3 yrs
Frank Heisterkamp
Head of Investor Relations
Henry Morris
MD of Materials - Europe and Regional Director for Switzerland Finland & The Baltic Region
64
18.3 yrs
Mark Schack
Executive Vice President of Talent Management
Rick Mergens
Executive Vice President of Group Performance
4.5 yrs
Scott Parson
President of Mountain West Division & Senior VP of Americas Materials West
Michael Lynch
Executive Vice President of Development for America
70
Jeff Schaffer
Executive Vice President of West
Chris Madden
Executive Vice President of Fleet Operations
Board of Directors Tenure
Average tenure and age of the CRH board of directors in years:
- The tenure for the CRH board of directors is about average.
Board of Directors
Nicky Hartery
Non-Executive Chairman
€591K
66
7 yrs
Albert Manifold
CEO & Executive Director
€8M
55
10.3 yrs
Finbarr Murphy
Finance Director & Executive Director
€3M
49
3.3 yrs
Mark Towe
Chairman of CRH Americas & CEO of Oldcastle
68
3.3 yrs
Bill Teuber
Non-Executive Director
€168K
66
3.2 yrs
Richie Boucher
Non-Executive Director
€99K
60
1.2 yrs
Henderikus Th. E. M. R. Rottinghuis
Non-Executive Director
€120K
62
5.3 yrs
Lucinda Riches
Non-Executive Director
€120K
56
4.2 yrs
Gillian Platt
Senior Independent Director
€141K
64
0.7 yrs
Siobhán Talbot
Non-Executive Director
€8K
54
0.4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (€) | Value (€) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess CRH's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) CRH has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What Can We Learn From CRH plc’s (ISE:CRG) Investment Returns?
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleWhat Should We Expect From CRH plc's (ISE:CRG) Earnings Over The Next Year?
Help shape the future of investing tools and receive a $60 prize! … After CRH plc's (ISE:CRG) earnings announcement in June 2018, … the higher past 5-year average growth rate of 49%.
Simply Wall St - – Full articleCalculating The Intrinsic Value Of CRH plc (ISE:CRG)
by taking the expected future cash flows and discounting them to today's value. … discounted cash flows (DCF). … If you want to learn more about discounted cash flow, the basis for my calcs can be read in detail in the Simply Wall St analysis model
Simply Wall St - – Full articleWhy CRH plc's (ISE:CRG) High P/E Ratio Isn't Necessarily A Bad Thing
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … CRH has a price to earnings ratio of 11.19, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleDo You Know CRH plc’s (ISE:CRG) Cash Situation?
I’ve analysed below, the health and outlook of CRH’s cash flow, which will help you understand the stock from a cash standpoint. … CRH’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure. … I will be analysing CRH’s FCF by looking at its FCF yield and its operating cash flow growth.
Simply Wall St - – Full articleWhy CRH plc’s (ISE:CRG) Use Of Investor Capital Doesn’t Look Great
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleDoes CRH plc (ISE:CRG) Have A Place In Your Portfolio?
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. … Historically, CRH plc (ISE:CRG) has been paying a dividend to shareholders. … 5 questions I ask before picking a dividend stock
Simply Wall St - – Full articleShould You Be Impressed By CRH plc's (ISE:CRG) ROE?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.12 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleWhat Kind Of Shareholders Own CRH plc (ISE:CRG)?
Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … We'd expect to see institutional investors on the register. … Companies of this size are usually well known to retail investors, too.
Simply Wall St - – Full articleIs CRH plc's (ISE:CRG) CEO Incentives Align With Yours?
This analysis aims first to contrast CEO compensation with other large companies. … How Does Albert Manifold's Compensation Compare With Similar Sized Companies. … According to our data, CRH plc has a market capitalization of €21.8b, and pays its CEO total annual compensation worth €9m.
Simply Wall St - – Full articleCompany Info
Description
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime, aggregates, readymixed and precast concrete, and asphalt products; and construction accessories, architectural products, shutters and awnings, and perimeter protection and network access products. It also produces and sells concrete masonry and hardscapes, packaged lawn and garden products, packaged cement mixes, and glass and aluminum glazing systems, as well as fencing, utility, drainage, and structural precast products; and provides asphalt paving services. In addition, the company supplies bricks, cement, sanitary, heating, plumbing, and other building products to general public, and small and medium-sized builders through approximately 550 locations. It operates primarily in Western Europe and North America, as well as in Eastern Europe, the Philippines, Brazil, China, and India. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.
Details
| Name: | CRH plc |
| CRG | |
| Exchange: | ISE |
| Founded: | 1936 |
| €23,128,418,143 | |
| 805,868,228 | |
| Website: | http://www.crh.com |
| Address: |
CRH plc Stonemason’s Way, Rathfarnham, Dublin, Co. Dublin, 16, Ireland |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ISE | CRG | Ordinary Shares | Irish Stock Exchange | IE | EUR | 02. Jan 1992 | |
| OTCPK | CRHC.F | Ordinary Shares | Pink Sheets LLC | US | USD | 02. Jan 1992 | |
| DB | CRG | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 02. Jan 1992 | |
| LSE | CRH | Ordinary Shares | London Stock Exchange | GB | GBP | 02. Jan 1992 | |
| BATS-CHIXE | CRGI | Ordinary Shares | BATS 'Chi-X Europe' | GB | EUR | 02. Jan 1992 | |
| BATS-CHIXE | CRHL | Ordinary Shares | BATS 'Chi-X Europe' | GB | GBP | 02. Jan 1992 | |
| NYSE | CRH | ADR | New York Stock Exchange | US | USD | 10. Jul 1989 | |
| DB | XCRA | ADR | Deutsche Boerse AG | DE | EUR | 10. Jul 1989 | |
| BMV | CRH N | ADR | Bolsa Mexicana de Valores | MX | MXN | 10. Jul 1989 |
Number of employees
Current staff
Industry
| Construction Materials | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/22 21:14 |
| End of day share price update: | 2019/05/22 00:00 |
| Last estimates confirmation: | 2019/05/21 |
| Last earnings filing: | 2019/03/08 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
