company background image
BZU

Buzzi UnicemBIT:BZU Stock Report

Market Cap

€3.8b

7D

-0.9%

1Y

0.7%

Updated

25 Oct, 2021

Data

Company Financials +
BZU fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends5/6

BZU Overview

Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

Buzzi Unicem Competitors

Cementir Holding

BIT:CEM

€1.4b

Home Depot

NYSE:HD

US$391.8b

VINCI

ENXTPA:DG

€51.7b

CRH

ISE:CRG

€32.1b

Price History & Performance

Summary of all time highs, changes and price drops for Buzzi Unicem
Historical stock prices
Current Share Price€19.97
52 Week High€17.47
52 Week Low€24.29
Beta1.01
1 Month Change-0.80%
3 Month Change-8.81%
1 Year Change0.71%
3 Year Change22.70%
5 Year Change12.70%
Change since IPO200.59%

Recent News & Updates

Sep 19
Is Buzzi Unicem S.p.A. (BIT:BZU) Potentially Undervalued?

Is Buzzi Unicem S.p.A. (BIT:BZU) Potentially Undervalued?

While Buzzi Unicem S.p.A. ( BIT:BZU ) might not be the most widely known stock at the moment, it received a lot of...

Aug 19
Buzzi Unicem (BIT:BZU) Has A Pretty Healthy Balance Sheet

Buzzi Unicem (BIT:BZU) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Aug 04
We Like These Underlying Return On Capital Trends At Buzzi Unicem (BIT:BZU)

We Like These Underlying Return On Capital Trends At Buzzi Unicem (BIT:BZU)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Jun 14
Why Buzzi Unicem S.p.A. (BIT:BZU) Could Be Worth Watching

Why Buzzi Unicem S.p.A. (BIT:BZU) Could Be Worth Watching

Buzzi Unicem S.p.A. ( BIT:BZU ), is not the largest company out there, but it saw a decent share price growth in the...

Shareholder Returns

BZUIT Basic MaterialsIT Market
7D-0.9%2.1%1.9%
1Y0.7%25.0%39.3%

Return vs Industry: BZU underperformed the Italian Basic Materials industry which returned 20.6% over the past year.

Return vs Market: BZU underperformed the Italian Market which returned 36.4% over the past year.

Price Volatility

Is BZU's price volatile compared to industry and market?
BZU volatility
BZU Beta1.01
Industry Beta1.19
Market Beta1

Stable Share Price: BZU is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BZU's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19079,832Pietro Buzzihttps://www.buzziunicem.it

Buzzi Unicem S.p.A., together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates. It offers construction hydraulic binders for making plasters and masonry works on site; safety sheets; and clinkers. The company has operations in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Russia, Mexico, and Brazil.

Buzzi Unicem Fundamentals Summary

How do Buzzi Unicem's earnings and revenue compare to its market cap?
BZU fundamental statistics
Market Cap€3.84b
Earnings (TTM)€553.35m
Revenue (TTM)€3.31b

6.9x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BZU income statement (TTM)
Revenue€3.31b
Cost of Revenue€1.96b
Gross Profit€1.35b
Expenses€801.41m
Earnings€553.35m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 05, 2021

Earnings per share (EPS)2.88
Gross Margin40.89%
Net Profit Margin16.70%
Debt/Equity Ratio30.2%

How did BZU perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

9%

Payout Ratio

Valuation

Is Buzzi Unicem 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: BZU (€19.97) is trading below our estimate of fair value (€56.16)

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


Price To Earnings Ratio

PE vs Industry: BZU is good value based on its PE Ratio (6.9x) compared to the European Basic Materials industry average (15.7x).

PE vs Market: BZU is good value based on its PE Ratio (6.9x) compared to the Italian market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: BZU is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: BZU is good value based on its PB Ratio (1x) compared to the XE Basic Materials industry average (1.3x).


Future Growth

How is Buzzi Unicem forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BZU's forecast earnings growth (10.7% per year) is above the savings rate (1.8%).

Earnings vs Market: BZU's earnings (10.7% per year) are forecast to grow slower than the Italian market (11.6% per year).

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

Revenue vs Market: BZU's revenue (4.8% per year) is forecast to grow faster than the Italian market (2.1% per year).

High Growth Revenue: BZU'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: BZU's Return on Equity is forecast to be low in 3 years time (11.9%).


Past Performance

How has Buzzi Unicem performed over the past 5 years?

21.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BZU has high quality earnings.

Growing Profit Margin: BZU's current net profit margins (16.7%) are higher than last year (14.5%).


Past Earnings Growth Analysis

Earnings Trend: BZU's earnings have grown significantly by 21.7% per year over the past 5 years.

Accelerating Growth: BZU's earnings growth over the past year (18.3%) is below its 5-year average (21.7% per year).

Earnings vs Industry: BZU earnings growth over the past year (18.3%) underperformed the Basic Materials industry 24%.


Return on Equity

High ROE: BZU's Return on Equity (14.2%) is considered low.


Financial Health

How is Buzzi Unicem's financial position?


Financial Position Analysis

Short Term Liabilities: BZU's short term assets (€2.0B) exceed its short term liabilities (€543.4M).

Long Term Liabilities: BZU's short term assets (€2.0B) do not cover its long term liabilities (€2.0B).


Debt to Equity History and Analysis

Debt Level: BZU's debt to equity ratio (30.2%) is considered satisfactory.

Reducing Debt: BZU's debt to equity ratio has reduced from 73.3% to 30.2% over the past 5 years.

Debt Coverage: BZU's debt is well covered by operating cash flow (50.2%).

Interest Coverage: BZU's interest payments on its debt are well covered by EBIT (27x coverage).


Balance Sheet


Dividend

What is Buzzi Unicem current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BZU's dividend (1.25%) is higher than the bottom 25% of dividend payers in the Italian market (1.03%).

High Dividend: BZU's dividend (1.25%) is low compared to the top 25% of dividend payers in the Italian market (3.49%).


Stability and Growth of Payments

Stable Dividend: BZU's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9%), BZU's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BZU's dividends in 3 years are forecast to be thoroughly covered by earnings (12.1% payout ratio).


Next Steps

Management

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

7.8yrs

Average board tenure


CEO

Pietro Buzzi (60 yo)

no data

Tenure

€329,885

Compensation

Mr. Pietro Buzzi serves as the Chief Executive Officer at Buzzi Unicem S.p.A and serves as its Director. He served as a Chief Executive of Finance at Buzzi Unicem SpA since May 12, 2017. After a short expe...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Pietro's total compensation is reasonable compared to companies of similar size in the Italian market.

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


Board Members

Experienced Board: BZU's board of directors are considered experienced (7.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Buzzi Unicem S.p.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Buzzi Unicem S.p.A.
  • Ticker: BZU
  • Exchange: BIT
  • Founded: 1907
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: €3.837b
  • Shares outstanding: 192.13m
  • Website: https://www.buzziunicem.it

Number of Employees


Location

  • Buzzi Unicem S.p.A.
  • Via Luigi Buzzi, 6
  • Casale Monferrato
  • Alessandria
  • 15033
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 21:35
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
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.