ISE:CRG

Stock Analysis Report

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Executive Summary

CRH plc, through its subsidiaries, manufactures and distributes building materials. More Details


Snowflake Analysis

Average dividend payer and fair value.


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 +/- 5% a week.

Volatility Over Time: CRG's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.7%

CRG

-1.5%

IE Basic Materials

-2.4%

IE Market


1 Year Return

4.9%

CRG

0.3%

IE Basic Materials

8.4%

IE Market

Return vs Industry: CRG exceeded the Irish Basic Materials industry which returned 0.4% over the past year.

Return vs Market: CRG underperformed the Irish Market which returned 8.4% over the past year.


Shareholder returns

CRGIndustryMarket
7 Day-2.7%-1.5%-2.4%
30 Day5.1%6.5%1.2%
90 Day14.0%17.4%13.5%
1 Year8.1%4.9%3.7%0.3%9.7%8.4%
3 Year28.0%18.1%-0.5%-9.4%12.5%7.0%
5 Year70.1%50.1%43.7%24.4%38.0%28.1%

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

Valuation

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

29.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CRG (€36.7) is trading below our estimate of fair value (€51.56)

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 (20.9x) compared to the XE Basic Materials industry average (16.2x).

PE vs Market: CRG is good value based on its PE Ratio (20.9x) compared to the Irish market (24.1x).


Price to Earnings Growth Ratio

PEG Ratio: CRG is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: CRG is overvalued based on its PB Ratio (1.9x) compared to the XE Basic Materials industry average (1.2x).


Next Steps

Future Growth

How is CRH forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRG's forecast earnings growth (12.6% per year) is above the savings rate (0.6%).

Earnings vs Market: CRG's earnings (12.6% per year) are forecast to grow slower than the Irish market (40.4% per year).

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

Revenue vs Market: CRG's revenue (3.3% per year) is forecast to grow slower than the Irish market (10.4% per year).

High Growth Revenue: CRG's revenue (3.3% 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 (9.9%).


Next Steps

Past Performance

How has CRH performed over the past 5 years?

16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRG has high quality earnings.

Growing Profit Margin: CRG's current net profit margins (6.1%) are lower than last year (6.4%).


Past Earnings Growth Analysis

Earnings Trend: CRG's earnings have grown by 16.1% per year over the past 5 years.

Accelerating Growth: CRG's earnings growth over the past year (1.6%) is below its 5-year average (16.1% per year).

Earnings vs Industry: CRG earnings growth over the past year (1.6%) exceeded the Basic Materials industry -7.8%.


Return on Equity

High ROE: CRG's Return on Equity (8.9%) is considered low.


Next Steps

Financial Health

How is CRH's financial position?


Financial Position Analysis

Short Term Liabilities: CRG's short term assets ($18.0B) exceed its short term liabilities ($7.8B).

Long Term Liabilities: CRG's short term assets ($18.0B) do not cover its long term liabilities ($21.1B).


Debt to Equity History and Analysis

Debt Level: CRG's debt to equity ratio (87%) is considered high.

Reducing Debt: CRG's debt to equity ratio has increased from 52.4% to 87% over the past 5 years.

Debt Coverage: CRG's debt is well covered by operating cash flow (28%).

Interest Coverage: CRG's interest payments on its debt are well covered by EBIT (9.9x coverage).


Balance Sheet


Next Steps

Dividend

What is CRH current dividend yield, its reliability and sustainability?

2.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CRG's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the Irish market (2.11%).

High Dividend: CRG's dividend (2%) is low compared to the top 25% of dividend payers in the Irish market (4.1%).


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: With its reasonably low payout ratio (45%), 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 (39.3% payout ratio).


Next Steps

Management

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

5.6yrs

Average management tenure


CEO

Albert Manifold (57 yo)

7yrs

Tenure

US$10,448,883

Compensation

Mr. Albert Jude Manifold, FCPA, MBA, MBS, serves as a Director at LyondellBasell Industries N.V. since May 31, 2019. Mr. Manifold has been Chief Executive Officer at CRH Plc since January 01, 2014 and its ...


CEO Compensation Analysis

Compensation vs Market: Albert's total compensation ($USD12.63M) is above average for companies of similar size in the Irish market ($USD4.34M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Albert Manifold
CEO & Executive Director7yrsUS$10.45m0.00017%
$ 49.0k
Finbarr Murphy
Group Finance Director & Executive Director5yrsUS$3.54m0.00025%
$ 72.0k
Tom Holmes
Head of Investor Relationsno datano datano data
Isabel Foley
Group General Counsel1yrno datano data
Edwin Bouwman
Chief Human Resources Officer1.42yrsno datano data
Henry Morris
MD of Materials - Europe and Regional Director for Switzerland Finland & The Baltic Region20yrsno datano data
Mark Schack
Executive Vice President of Talent Managementno datano datano data
Keith Haas
President of Building Productsno datano datano data
Rick Mergens
Executive Vice President of Group Performance6.17yrsno datano data
Scott Parson
President of Mountain West Division & Senior VP of Americas Materials Westno datano datano data
Michael Lynch
Executive Vice President of Development for Americano datano datano data
Chris Madden
Executive Vice President of Fleet Operationsno datano datano data

5.6yrs

Average Tenure

57yo

Average Age

Experienced Management: CRG's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Albert Manifold
CEO & Executive Director7yrsUS$10.45m0.00017%
$ 49.0k
Finbarr Murphy
Group Finance Director & Executive Director5yrsUS$3.54m0.00025%
$ 72.0k
Mark Towe
Chairman of CRH Americas & CEO of Oldcastle5yrsno datano data
Richard Fearon
Non-Executive Director0.083yrno datano data
Mary Rhinehart
Independent Non-Executive Director2.25yrsUS$168.33k0.00013%
$ 37.4k
Johan Karlström
Independent Non-Executive Director1.33yrsUS$40.40k0.00025%
$ 72.0k
Siobhán Talbot
Independent Non-Executive Director2.08yrsUS$153.74k0.00020%
$ 57.6k
Gillian Platt
Senior Independent Director2.33yrsUS$196.39k0.00013%
$ 37.4k
Shaun Kelly
Independent Non-Executive Director1.08yrsUS$16.83k0.00013%
$ 37.4k
Richard Boucher
Independent Non-Executive Chairman1yrUS$185.16k0.0014%
$ 414.7k
Lucinda Riches
Independent Non-Executive Director5.83yrsUS$151.50k0.00064%
$ 184.3k
Heather McSharry
Independent Non-Executive Director8.92yrsUS$169.45k0.00056%
$ 161.3k

2.3yrs

Average Tenure

60.5yo

Average Age

Experienced Board: CRG's board of directors are not considered experienced ( 2.3 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.


Recent Insider Transactions

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: €28.801b
  • Shares outstanding: 784.76m
  • Website: https://www.crh.com

Number of Employees


Location

  • CRH plc
  • Stonemason’s Way
  • Rathfarnham
  • Dublin
  • Co. Dublin
  • 16
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CRHNYSE (New York Stock Exchange)SPON ADR EA REPR 1 ORD SHS EUR0.32USUSDJul 1989
0A2DLSE (London Stock Exchange)SPON ADR EA REPR 1 ORD SHS EUR0.32GBUSDJul 1989
XCRADB (Deutsche Boerse AG)SPON ADR EA REPR 1 ORD SHS EUR0.32DEEURJul 1989
CRH NBMV (Bolsa Mexicana de Valores)SPON ADR EA REPR 1 ORD SHS EUR0.32MXMXNJul 1989
CRHC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
CRHLSE (London Stock Exchange)YesOrdinary SharesGBGBPJan 1992
CRGISE (Irish Stock Exchange)YesOrdinary SharesIEEURJan 1992
CRGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
CRGIBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
CRHLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/18 19:21
End of Day Share Price2021/01/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.