Executive Summary
CRH plc, through its subsidiaries, manufactures and distributes building materials. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has CRH's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CRG is not significantly more volatile than the rest of Irish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CRG's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.6%
CRG
0.7%
IE Basic Materials
1.0%
IE Market
1 Year Return
32.3%
CRG
34.9%
IE Basic Materials
34.4%
IE Market
Return vs Industry: CRG underperformed the Irish Basic Materials industry which returned 37.7% over the past year.
Return vs Market: CRG underperformed the Irish Market which returned 36.6% over the past year.
Shareholder returns
| CRG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 0.7% | 1.0% |
| 30 Day | -0.9% | -0.1% | 0.5% |
| 90 Day | 7.6% | -1.1% | 4.7% |
| 1 Year | 35.8%32.3% | 38.9%34.9% | 36.2%34.4% |
| 3 Year | 60.4%47.7% | 27.4%15.9% | 30.2%24.4% |
| 5 Year | 75.2%54.3% | 40.8%21.4% | 64.7%52.9% |
Long-Term Price Volatility Vs. Market
How volatile is CRH's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Think About Buying CRH plc (ISE:CRG) Now?1 month ago | Simply Wall St
CRH (ISE:CRG) Has Compensated Shareholders With A Respectable 90% Return On Their Investment1 month ago | Simply Wall St
CRH plc's (ISE:CRG) Intrinsic Value Is Potentially 78% Above Its Share PriceValuation
Is CRH 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: CRG (€42.35) is trading below our estimate of fair value (€96.3)
Significantly Below Fair Value: CRG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CRG is poor value based on its PE Ratio (35.2x) compared to the European Basic Materials industry average (17.2x).
PE vs Market: CRG is poor value based on its PE Ratio (35.2x) compared to the Irish market (29.7x).
Price to Earnings Growth Ratio
PEG Ratio: CRG is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: CRG is overvalued based on its PB Ratio (2x) compared to the XE Basic Materials industry average (1.4x).
Future Growth
How is CRH forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRG's forecast earnings growth (16.9% per year) is above the savings rate (0.5%).
Earnings vs Market: CRG's earnings (16.9% per year) are forecast to grow slower than the Irish market (33% per year).
High Growth Earnings: CRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CRG's revenue (4.5% per year) is forecast to grow slower than the Irish market (10.6% per year).
High Growth Revenue: CRG's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRG's Return on Equity is forecast to be low in 3 years time (11.8%).
Past Performance
How has CRH performed over the past 5 years?
6.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRG has high quality earnings.
Growing Profit Margin: CRG's current net profit margins (4.1%) are lower than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: CRG's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: CRG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRG had negative earnings growth (-31.1%) over the past year, making it difficult to compare to the Basic Materials industry average (32.4%).
Return on Equity
High ROE: CRG's Return on Equity (5.7%) is considered low.
Financial Health
How is CRH's financial position?
Financial Position Analysis
Short Term Liabilities: CRG's short term assets ($15.0B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: CRG's short term assets ($15.0B) do not cover its long term liabilities ($17.1B).
Debt to Equity History and Analysis
Debt Level: CRG's debt to equity ratio (60.1%) is considered high.
Reducing Debt: CRG's debt to equity ratio has reduced from 68.1% to 60.1% over the past 5 years.
Debt Coverage: CRG's debt is well covered by operating cash flow (32.2%).
Interest Coverage: CRG's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
Dividend
What is CRH current dividend yield, its reliability and sustainability?
2.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CRG's dividend (2.28%) is higher than the bottom 25% of dividend payers in the Irish market (1.55%).
High Dividend: CRG's dividend (2.28%) is low compared to the top 25% of dividend payers in the Irish market (3.94%).
Stability and Growth of Payments
Stable Dividend: CRG's dividends per share have been stable in the past 10 years.
Growing Dividend: CRG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.5%), CRG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRG's dividends in 3 years are forecast to be well covered by earnings (40.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Albert Manifold (58 yo)
7.58yrs
Tenure
US$13,700,306
Compensation
Mr. Albert Jude Manifold, FCPA, MBA, MBS, serves as Independent Director at LyondellBasell Industries N.V. since May 31, 2019. Mr. Manifold has been Group Chief Executive at CRH Plc since January 01, 2014 ...
CEO Compensation Analysis
Compensation vs Market: Albert's total compensation ($USD13.70M) is above average for companies of similar size in the Irish market ($USD5.01M).
Compensation vs Earnings: Albert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: CRG's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: CRG's board of directors are not considered experienced ( 1.8 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
CRH plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CRH plc
- Ticker: CRG
- Exchange: ISE
- Founded: 1936
- Industry: Construction Materials
- Sector: Materials
- Market Cap: €33.041b
- Shares outstanding: 780.18m
- Website: https://www.crh.com
Number of Employees
Location
- CRH plc
- Stonemason’s Way
- Rathfarnham
- Dublin
- Co. Dublin
- 16
- Ireland
Listings
Biography
CRH plc, through its subsidiaries, manufactures and distributes building materials. It operates in three segments: Americas Materials, Europe Materials, and Building Products. The company manufactures and ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/02 22:45 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.