Executive Summary
CRH plc, through its subsidiaries, manufactures and distributes building materials.
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet second-rate dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.0%
CRG
0.4%
IE Basic Materials
1.5%
IE Market
1 Year Return
53.8%
CRG
27.2%
IE Basic Materials
23.4%
IE Market
Return vs Industry: CRG exceeded the Irish Basic Materials industry which returned 27.2% over the past year.
Return vs Market: CRG exceeded the Irish Market which returned 23.4% over the past year.
Shareholder returns
| CRG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 0.4% | 1.5% |
| 30 Day | 5.9% | 2.8% | 3.9% |
| 90 Day | 15.0% | 8.3% | 17.5% |
| 1 Year | 57.8%53.8% | 31.2%27.2% | 26.1%23.4% |
| 3 Year | 16.4%8.5% | 4.6%-3.8% | 25.4%19.4% |
| 5 Year | 115.8%91.4% | 32.0%15.2% | 81.6%66.0% |
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
1 week ago | Simply Wall St
What We Think Of CRH plc’s (ISE:CRG) Investment Potential2 weeks ago | Simply Wall St
Is CRH plc's (ISE:CRG) High P/E Ratio A Problem For Investors?4 weeks ago | Simply Wall St
Should You Worry About CRH plc's (ISE:CRG) CEO Pay?Valuation
Is CRH undervalued compared to its fair value and its price relative to the market?
18.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CRG (€35.09) is trading below our estimate of fair value (€43.03)
Significantly Below Fair Value: CRG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CRG is poor value based on its PE Ratio (17.8x) compared to the Basic Materials industry average (13x).
PE vs Market: CRG is poor value based on its PE Ratio (17.8x) compared to the Irish market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: CRG is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: CRG is overvalued based on its PB Ratio (1.8x) compared to the XE Basic Materials industry average (1.1x).
Next Steps
Future Growth
How is CRH forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
6.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRG's forecast earnings growth (6.8% per year) is above the savings rate (0.06%).
Earnings vs Market: CRG's earnings (6.8% per year) are forecast to grow slower than the Irish market (11.9% per year).
High Growth Earnings: CRG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CRG's revenue is expected to decline over the next 3 years (-0.07% per year).
High Growth Revenue: CRG's revenue is forecast to decline over the next 3 years (-0.07% 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 (11.2%).
Next Steps
Past Performance
How has CRH performed over the past 5 years?
30.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRG has high quality earnings.
Growing Profit Margin: CRG's current net profit margins (5.7%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: CRG has become profitable over the past 5 years, growing earnings by 30.9% per year.
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 (-12%) over the past year, making it difficult to compare to the Basic Materials industry average (26.1%).
Return on Equity
High ROE: CRG's Return on Equity (10%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CRH's financial position?
Financial Position Analysis
Short Term Liabilities: CRG's short term assets (€9.9B) exceed its short term liabilities (€7.3B).
Long Term Liabilities: CRG's short term assets (€9.9B) do not cover its long term liabilities (€14.3B).
Debt to Equity History and Analysis
Debt Level: CRG's debt to equity ratio (60.9%) is considered high.
Reducing Debt: CRG's debt to equity ratio has increased from 53% to 60.9% over the past 5 years.
Debt Coverage: CRG's debt is well covered by operating cash flow (25.2%).
Interest Coverage: CRG's interest payments on its debt are well covered by EBIT (6.7x coverage).
Balance Sheet
Inventory Level: CRG has a high level of physical assets or inventory.
Debt Coverage by Assets: CRG's debt is covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is CRH's current dividend yield, its reliability and sustainability?
2.05%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CRG's dividend (2.05%) isn’t notable compared to the bottom 25% of dividend payers in the Irish market (2.33%).
High Dividend: CRG's dividend (2.05%) is low compared to the top 25% of dividend payers in the Irish market (4.48%).
Stability and Growth of Payments
Stable Dividend: CRG's dividend payments have been volatile in the past 10 years.
Growing Dividend: CRG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.8%), CRG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CRG's dividends in 3 years are forecast to be well covered by earnings (31% payout ratio).
Next Steps
Management
What is the CEO of CRH's salary, the management and board of directors tenure and is there insider trading?
5.5yrs
Average management tenure
CEO
Albert Manifold (56yo)
5.9yrs
Tenure
€8,230,000
Compensation
Mr. Albert Jude Manifold serves as Director at LyondellBasell Industries N.V. since May 31, 2019. Mr. Albert Jude Manifold, FCPA, MBA, MBS, has been Chief Executive Officer at CRH Plc since January 01, 201 ...
CEO Compensation Analysis
Compensation vs Market: Albert's total compensation ($USD9.13M) is above average for companies of similar size in the Irish market ($USD2.63M).
Compensation vs Earnings: Albert's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.5yrs
Average Tenure
60.5yo
Average Age
Experienced Management: CRG's management team is seasoned and experienced (5.5 years average tenure).
Board Age and Tenure
4.8yrs
Average Tenure
62yo
Average Age
Experienced Board: CRG's board of directors are considered experienced (4.8 years average tenure).
Insider Trading
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.
Management Team
Michael Lynch (71yo)
Executive Vice President of Development for America
- Tenure: 0yrs
Finbarr Murphy (50yo)
Finance Director & Executive Director
- Tenure: 3.9yrs
- Compensation: €2.74m
Albert Manifold (56yo)
CEO & Executive Director
- Tenure: 5.9yrs
- Compensation: €8.23m
Scott Parson
President of Mountain West Division & Senior VP of Americas Materials West
- Tenure: 0yrs
Henry Morris (65yo)
MD of Materials - Europe and Regional Director for Switzerland Finland & The Baltic Region
- Tenure: 18.9yrs
Mark Schack
Executive Vice President of Talent Management
- Tenure: 0yrs
Chris Madden
Executive Vice President of Fleet Operations
- Tenure: 0yrs
Rick Mergens
Executive Vice President of Group Performance
- Tenure: 5.1yrs
Jeff Schaffer
Executive Vice President of West
- Tenure: 0yrs
Frank Heisterkamp
Head of Investor Relations
- Tenure: 0yrs
Board Members
Gillian Platt (65yo)
Senior Independent Director
- Tenure: 1.3yrs
- Compensation: €141.00k
Nicky Hartery (67yo)
Non-Executive Chairman
- Tenure: 7.6yrs
- Compensation: €591.00k
Finbarr Murphy (50yo)
Finance Director & Executive Director
- Tenure: 3.9yrs
- Compensation: €2.74m
Richie Boucher (61yo)
Non-Executive Director
- Tenure: 1.8yrs
- Compensation: €99.00k
Lucinda Riches (57yo)
Non-Executive Director
- Tenure: 4.8yrs
- Compensation: €120.00k
Albert Manifold (56yo)
CEO & Executive Director
- Tenure: 5.9yrs
- Compensation: €8.23m
Henderikus Th. E. M. R. Rottinghuis (63yo)
Non-Executive Director
- Tenure: 5.8yrs
- Compensation: €120.00k
Heather McSharry (57yo)
Non-Executive Director
- Tenure: 7.8yrs
- Compensation: €120.00k
Mark Towe (69yo)
Chairman of CRH Americas & CEO of Oldcastle
- Tenure: 3.9yrs
Pat Kennedy (65yo)
Non-Executive Director
- Tenure: 4.9yrs
- Compensation: €120.00k
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: €27.208b
- Shares outstanding: 790.02m
- Website: https://www.crh.com
Number of Employees
Location
- CRH plc
- Stonemason’s Way
- Rathfarnham
- Dublin
- Co. Dublin
- 16
- Ireland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CRH | NYSE (New York Stock Exchange) | ADR | US | USD | Jul 1989 | |
| 0A2D | LSE (London Stock Exchange) | ADR | GB | USD | Jul 1989 | |
| XCRA | DB (Deutsche Boerse AG) | ADR | DE | EUR | Jul 1989 | |
| CRH N | BMV (Bolsa Mexicana de Valores) | ADR | MX | MXN | Jul 1989 | |
| CRHC.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| CRH | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
| CRG | ISE (Irish Stock Exchange) | Yes | Ordinary Shares | IE | EUR | Jan 1992 |
| CRG | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| CRGI | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| CRHL | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | GBP | Jan 1992 |
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 20:50 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.