Executive Summary
Buzzi Unicem SpA, together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates.
Snowflake
Fundamentals
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has Buzzi Unicem's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0.2%
BIT:BZU
0.6%
IT Basic Materials
0.8%
IT Market
1 Year Return
1.0%
BIT:BZU
-8.0%
IT Basic Materials
-3.4%
IT Market
BZU outperformed the Basic Materials industry which returned -8% over the past year.
BZU outperformed the Market in Italy which returned -3.4% over the past year.
Share holder returns
| BZU | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.2% | 0.6% | 0.8% |
| 30 Day | -2.6% | -6.8% | -5.5% |
| 90 Day | 0.8% | -4.5% | -0.9% |
| 1 Year | 1.6%1.0% | -5.1%-8.0% | 0.8%-3.4% |
| 3 Year | -2.4%-3.9% | -3.1%-10.9% | 19.8%3.2% |
| 5 Year | 64.0%60.1% | 10.9%-3.2% | 7.6%-34.3% |
Price Volatility Vs. Market
How volatile is Buzzi Unicem's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
What We Think Of Buzzi Unicem S.p.A.’s (BIT:BZU) Investment Potential2 weeks ago | Simply Wall St
Why Buzzi Unicem S.p.A. (BIT:BZU) Is A Buy When Markets Go Down3 weeks ago | Simply Wall St
Here's Why Buzzi Unicem (BIT:BZU) Has A Meaningful Debt BurdenValuation
Is Buzzi Unicem undervalued based on future cash flows and its price relative to the stock market?
26%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Buzzi Unicem's share price is below the future cash flow value, and at a moderate discount (> 20%).
Buzzi Unicem's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Buzzi Unicem is good value based on earnings compared to the Europe Basic Materials industry average.
Buzzi Unicem is good value based on earnings compared to the Italy market.
Price Based on Expected Growth
Buzzi Unicem is poor value based on expected growth next year.
Price Based on Value of Assets
Buzzi Unicem is overvalued based on assets compared to the Europe Basic Materials industry average.
Next Steps
Future Growth
How is Buzzi Unicem expected to perform in the next 1 to 3 years based on estimates from 12 analysts?
7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Buzzi Unicem's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
Buzzi Unicem's earnings are expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).
Buzzi Unicem's revenue growth is expected to exceed the Italy market average.
Buzzi Unicem's earnings growth is positive but not above the Italy market average.
Buzzi Unicem's earnings growth is expected to exceed the low risk savings rate of 2.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Buzzi Unicem is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Buzzi Unicem performed over the past 5 years?
35.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Buzzi Unicem has delivered over 20% year on year earnings growth in the past 5 years.
Buzzi Unicem's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Buzzi Unicem's 1-year earnings growth is negative, it can't be compared to the Europe Basic Materials industry average.
Return on Equity
Buzzi Unicem has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Buzzi Unicem used its assets more efficiently than the Europe Basic Materials industry average last year based on Return on Assets.
Return on Capital Employed
Buzzi Unicem has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Buzzi Unicem's financial position?
Financial Position Analysis
Buzzi Unicem is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Buzzi Unicem's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Buzzi Unicem's level of debt (38.7%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (69.9% vs 38.7% today).
Debt is well covered by operating cash flow (32.4%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 13.1x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.3x debt.
Next Steps
Dividend
What is Buzzi Unicem's current dividend yield, its reliability and sustainability?
1.02%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Buzzi Unicem's pays a lower dividend yield than the bottom 25% of dividend payers in Italy (2.1%).
Buzzi Unicem's dividend is below the markets top 25% of dividend payers in Italy (4.6%).
Buzzi Unicem is not paying a notable dividend for Italy, therefore no need to check if the payments are stable.
Buzzi Unicem is not paying a notable dividend for Italy, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Buzzi Unicem's dividends as it is not paying a notable one for Italy.
Future Payout to Shareholders
No need to calculate the sustainability of Buzzi Unicem's dividends in 3 years as they are not expected to pay a notable one for Italy.
Next Steps
Management
What is the CEO of Buzzi Unicem's salary, the management and board of directors tenure and is there insider trading?
13.1yrs
Average board tenure
CEO
Buzzi Unicem has no CEO, or we have no data on them.
Board Age and Tenure
13.1yrs
Average Tenure
71yo
Average Age
The average tenure for the Buzzi Unicem board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Company |
| Shares | 70,500 |
| Max Price | €14.93 |
| Entity | Company |
| Shares | 130,000 |
| Max Price | €14.98 |
| Entity | Company |
| Shares | 160,000 |
| Max Price | €14.99 |
| Entity | Company |
| Shares | 800 |
| Max Price | €14.96 |
| Entity | Company |
| Shares | 102,200 |
| Max Price | €14.99 |
| Entity | Company |
| Shares | 36,500 |
| Max Price | €14.95 |
| Entity | Company |
| Shares | 45,000 |
| Max Price | €9.99 |
| Entity | Company |
| Shares | 43,000 |
| Max Price | €10.19 |
| Entity | Company |
| Shares | 4,300 |
| Max Price | €9.98 |
Ownership Breakdown
Management Team
Enrico Buzzi (81yo)
Executive Chairman of the Board
- Tenure: 2.3yrs
- Compensation: €243.60k
Michele Buzzi (56yo)
Chief Executive Operations & Executive Director
- Tenure: 14.6yrs
- Compensation: €315.99k
Pietro Buzzi (58yo)
Chief Executive of Finance & Executive Director
- Tenure: 19.6yrs
- Compensation: €329.89k
Patrick Klein
Group Treasurer & Financial Controller
- Tenure: 0.0yrs
Agostino Pieressa
Investor Relations Officer
- Tenure: 0.0yrs
Board Members
Gianfelice Mario Rocca (71yo)
Non-Executive Independent Director
- Tenure: 16.6yrs
- Compensation: €45.00k
Maurizio Sella (77yo)
Non-Executive Independent Director
- Tenure: 20.6yrs
- Compensation: €60.00k
Enrico Buzzi (81yo)
Executive Chairman of the Board
- Tenure: 2.3yrs
- Compensation: €243.60k
Sandro Buzzi (86yo)
Honorary Chairman
- Tenure: 0.0yrs
- Compensation: €98.09k
Michele Buzzi (56yo)
Chief Executive Operations & Executive Director
- Tenure: 14.6yrs
- Compensation: €315.99k
Pietro Buzzi (58yo)
Chief Executive of Finance & Executive Director
- Tenure: 19.6yrs
- Compensation: €329.89k
Paolo Burlando (57yo)
Non-Executive Independent Director
- Tenure: 11.6yrs
- Compensation: €210.00k
Elsa Fornero (71yo)
Non-Executive Independent Director
- Tenure: 5.6yrs
- Compensation: €45.00k
Veronica Buzzi (48yo)
Non-Executive Vice Chairman of the Board
- Tenure: 2.3yrs
- Compensation: €45.00k
Fabrizio Di Giusto
Chairman of Board of Statutory Auditors
- Tenure: 0.0yrs
- Compensation: €45.00k
Company Information
Buzzi Unicem S.p.A.'s company bio, 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: €3.552b
- Shares outstanding: 205.30m
- Website: https://www.buzziunicem.it
Number of Employees
Location
- Buzzi Unicem S.p.A.
- via Luigi Buzzi, 6
- Casale Monferrato
- Alessandria
- 15033
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 0NVQ | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| BZZF.F | OTCPK (Pink Sheets LLC) | Saving Shares | US | USD | Jan 1992 | |
| UCM1 | DB (Deutsche Boerse AG) | Saving Shares | DE | EUR | Jan 1992 | |
| BZU | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Jan 1992 |
| BZUR | BIT (Borsa Italiana) | Saving Shares | IT | EUR | Jan 1992 | |
| BZZU.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| UCM | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
| 0NVR | LSE (London Stock Exchange) | Saving Shares | GB | EUR | Jan 1992 | |
| BZURM | BATS-CHIXE (BATS 'Chi-X Europe') | Saving Shares | GB | EUR | Jan 1992 | |
| BZUM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Jan 1992 |
| BZU | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Jan 1992 |
| BZZU.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
Biography
Buzzi Unicem SpA, together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. The company has operations in Italy, the United States, Germany, Luxembour ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/24 20:50 |
| End of Day Share Price | 2019/08/23 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.