| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
CEM Stock Overview
Cementir Holding N.V., through its subsidiaries, provides cement and ready-mixed concrete in the Nordic and Baltic, Belgium, North America, Turkey, Egypt, Asia Pacific, Italy, and internationally.
Cementir Holding Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €7.69 |
| 52 Week High | €9.98 |
| 52 Week Low | €6.71 |
| Beta | 1.32 |
| 1 Month Change | -8.12% |
| 3 Month Change | -15.86% |
| 1 Year Change | 7.10% |
| 3 Year Change | 29.90% |
| 5 Year Change | 94.49% |
| Change since IPO | 168.97% |
Recent News & Updates
We Think Cementir Holding (BIT:CEM) Can Manage Its Debt With Ease
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
At €8.81, Is It Time To Put Cementir Holding N.V. (BIT:CEM) On Your Watch List?
Cementir Holding N.V. ( BIT:CEM ), might not be a large cap stock, but it received a lot of attention from a...
Cementir Holding (BIT:CEM) Seems To Use Debt Rather Sparingly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is There An Opportunity With Cementir Holding N.V.'s (BIT:CEM) 49% Undervaluation?
Today we will run through one way of estimating the intrinsic value of Cementir Holding N.V. ( BIT:CEM ) by taking the...
Shareholder Returns
| CEM | IT Basic Materials | IT Market | |
|---|---|---|---|
| 7D | -5.3% | -5.9% | -5.0% |
| 1Y | 7.1% | 6.2% | 16.4% |
Return vs Industry: CEM matched the Italian Basic Materials industry which returned 6.6% over the past year.
Return vs Market: CEM underperformed the Italian Market which returned 17.9% over the past year.
Price Volatility
| CEM volatility | |
|---|---|
| CEM Average Weekly Movement | 3.4% |
| Basic Materials Industry Average Movement | 4.0% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in IT Market | 7.3% |
| 10% least volatile stocks in IT Market | 2.8% |
Stable Share Price: CEM is not significantly more volatile than the rest of Italian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CEM's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | 3,090 | Francesco Caltagirone | https://www.cementirholding.com |
Cementir Holding N.V., through its subsidiaries, provides cement and ready-mixed concrete in the Nordic and Baltic, Belgium, North America, Turkey, Egypt, Asia Pacific, Italy, and internationally. The company offers white cement for architectural, aesthetic, and structural applications; grey cement for the construction industry; concrete for use in infrastructure, landscaping, industry and agriculture, energy and environment, buildings, and pre-stressed and prefabricated concrete products; and aggregates, such as natural sand, gravel, and crushed stones. It also provides Aalborg Extreme, a premixed concrete for thin concrete products production; Aalborg Excel, a ready-to-use mortar for sophisticated aesthetics used for glass fiber concrete; Aalborg Explore, a ready-to-use mortar; and FUTURECEM cement.
Cementir Holding Fundamentals Summary
| CEM fundamental statistics | |
|---|---|
| Market Cap | €1.20b |
| Earnings (TTM) | €141.92m |
| Revenue (TTM) | €1.35b |
8.5x
P/E Ratio0.9x
P/S RatioIs CEM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CEM income statement (TTM) | |
|---|---|
| Revenue | €1.35b |
| Cost of Revenue | €862.92m |
| Gross Profit | €482.79m |
| Expenses | €340.87m |
| Earnings | €141.92m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 08, 2022
| Earnings per share (EPS) | 0.91 |
| Gross Margin | 35.88% |
| Net Profit Margin | 10.55% |
| Debt/Equity Ratio | 24.4% |
How did CEM perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield16%
Payout RatioValuation
Is Cementir Holding 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: CEM (€7.69) is trading below our estimate of fair value (€20.72)
Significantly Below Fair Value: CEM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CEM is good value based on its PE Ratio (8.5x) compared to the European Basic Materials industry average (15.1x).
PE vs Market: CEM is good value based on its PE Ratio (8.5x) compared to the Italian market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: CEM is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: CEM is good value based on its PB Ratio (1.1x) compared to the XE Basic Materials industry average (1.6x).
Future Growth
How is Cementir Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
9.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEM's forecast earnings growth (9.3% per year) is above the savings rate (1.8%).
Earnings vs Market: CEM's earnings (9.3% per year) are forecast to grow slower than the Italian market (11.2% per year).
High Growth Earnings: CEM's earnings are forecast to grow, but not significantly.
Revenue vs Market: CEM's revenue (5% per year) is forecast to grow faster than the Italian market (0.3% per year).
High Growth Revenue: CEM's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEM's Return on Equity is forecast to be low in 3 years time (11.3%).
Past Performance
How has Cementir Holding performed over the past 5 years?
2.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEM has high quality earnings.
Growing Profit Margin: CEM's current net profit margins (10.5%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: CEM's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: CEM's earnings growth over the past year (75%) exceeds its 5-year average (2.9% per year).
Earnings vs Industry: CEM earnings growth over the past year (75%) exceeded the Basic Materials industry 33%.
Return on Equity
High ROE: CEM's Return on Equity (12.5%) is considered low.
Financial Health
How is Cementir Holding's financial position?
Financial Position Analysis
Short Term Liabilities: CEM's short term assets (€625.4M) exceed its short term liabilities (€445.3M).
Long Term Liabilities: CEM's short term assets (€625.4M) exceed its long term liabilities (€455.3M).
Debt to Equity History and Analysis
Debt Level: CEM's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: CEM's debt to equity ratio has reduced from 34.9% to 24.4% over the past 5 years.
Debt Coverage: CEM's debt is well covered by operating cash flow (95.1%).
Interest Coverage: CEM's interest payments on its debt are well covered by EBIT (30.6x coverage).
Balance Sheet
Dividend
What is Cementir Holding current dividend yield, its reliability and sustainability?
1.82%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CEM's dividend (1.82%) is higher than the bottom 25% of dividend payers in the Italian market (1.13%).
High Dividend: CEM's dividend (1.82%) is low compared to the top 25% of dividend payers in the Italian market (3.63%).
Stability and Growth of Payments
Stable Dividend: CEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: CEM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.9%), CEM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CEM's dividends in 3 years are forecast to be well covered by earnings (21.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.5yrs
Average management tenure
CEO
Francesco Caltagirone (53 yo)
no data
Tenure
€5,325,000
Compensation
Mr. Francesco C. Caltagirone Jr., serves as the Group Chief Executive Officer and Member of Executive Board at Aalborg Portland Holding A/S. Mr. Caltagirone has been the Chairman of the Board and Chief Exe...
CEO Compensation Analysis
Compensation vs Market: Francesco's total compensation ($USD6.01M) is above average for companies of similar size in the Italian market ($USD1.43M).
Compensation vs Earnings: Francesco's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CEM's management team is considered experienced (4.5 years average tenure).
Board Members
Experienced Board: CEM's board of directors are seasoned and experienced ( 15.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cementir Holding N.V.'s employee growth, exchange listings and data sources
Key Information
- Name: Cementir Holding N.V.
- Ticker: CEM
- Exchange: BIT
- Founded: 1947
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: €1.200b
- Shares outstanding: 156.02m
- Website: https://www.cementirholding.com
Number of Employees
Location
- Cementir Holding N.V.
- Corso di Francia 200
- Rome
- Rome
- 191
- Italy
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/25 21:39 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| 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.