Heijmans N.V. engages in the property development, residential and non-residential building, and infrastructure businesses primarily in the Netherlands, Belgium, and Germany. More Details
Flawless balance sheet and undervalued.
Share Price & News
How has Heijmans's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEIJM is not significantly more volatile than the rest of Dutch stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HEIJM's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: HEIJM exceeded the Dutch Construction industry which returned 11.3% over the past year.
Return vs Market: HEIJM exceeded the Dutch Market which returned 3.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Heijmans's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Heijmans N.V. (AMS:HEIJM) An Attractive Dividend Stock?
3 weeks ago | Simply Wall StWe Think Heijmans's (AMS:HEIJM) Statutory Profit Might Understate Its Earnings Potential
1 month ago | Simply Wall StIs Heijmans (AMS:HEIJM) A Risky Investment?
Is Heijmans undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HEIJM (€11.16) is trading below our estimate of fair value (€193.19)
Significantly Below Fair Value: HEIJM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HEIJM is good value based on its PE Ratio (7.9x) compared to the XE Construction industry average (13.5x).
PE vs Market: HEIJM is good value based on its PE Ratio (7.9x) compared to the Dutch market (26.3x).
Price to Earnings Growth Ratio
PEG Ratio: HEIJM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HEIJM is good value based on its PB Ratio (1.2x) compared to the NL Construction industry average (1.3x).
How is Heijmans forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEIJM's earnings are forecast to decline over the next 3 years (-10.7% per year).
Earnings vs Market: HEIJM's earnings are forecast to decline over the next 3 years (-10.7% per year).
High Growth Earnings: HEIJM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HEIJM's revenue is expected to decline over the next 3 years (-6% per year).
High Growth Revenue: HEIJM's revenue is forecast to decline over the next 3 years (-6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HEIJM's Return on Equity is forecast to be low in 3 years time (8.5%).
How has Heijmans performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEIJM has high quality earnings.
Growing Profit Margin: HEIJM's current net profit margins (1.8%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: HEIJM has become profitable over the past 5 years, growing earnings by 56.8% per year.
Accelerating Growth: HEIJM's earnings growth over the past year (9.3%) is below its 5-year average (56.8% per year).
Earnings vs Industry: HEIJM earnings growth over the past year (9.3%) exceeded the Construction industry 1.8%.
Return on Equity
High ROE: HEIJM's Return on Equity (15%) is considered low.
How is Heijmans's financial position?
Financial Position Analysis
Short Term Liabilities: HEIJM's short term assets (€572.0M) exceed its short term liabilities (€564.0M).
Long Term Liabilities: HEIJM's short term assets (€572.0M) exceed its long term liabilities (€132.0M).
Debt to Equity History and Analysis
Debt Level: HEIJM's debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: HEIJM's debt to equity ratio has reduced from 62.2% to 24.5% over the past 5 years.
Debt Coverage: HEIJM's debt is well covered by operating cash flow (175.7%).
Interest Coverage: HEIJM's interest payments on its debt are well covered by EBIT (8.2x coverage).
What is Heijmans's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HEIJM's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Dutch market (1.79%).
High Dividend: HEIJM's dividend (2.51%) is low compared to the top 25% of dividend payers in the Dutch market (4.84%).
Stability and Growth of Payments
Stable Dividend: HEIJM's dividend payments have been volatile in the past 10 years.
Growing Dividend: HEIJM's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.9%), HEIJM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ton Hillen (59 yo)
Mr. A. G. J. Hillen, also known as Ton, has been Chairman of Executive Board and Chief Executive Officer at Heijmans NV since December 1, 2016. Mr. Hillen serves as Corporate Director Property Development ...
CEO Compensation Analysis
Compensation vs Market: Ton's total compensation ($USD1.55M) is above average for companies of similar size in the Dutch market ($USD859.39K).
Compensation vs Earnings: Ton's compensation has been consistent with company performance over the past year.
|Independent Chairman of Supervisory Board||4.75yrs||€60.00k||0.057% |
|Independent Vice Chairman of Supervisory Board||5.42yrs||€53.00k||no data|
|Member of Supervisory Board||0.75yr||no data||0.026% |
|Independent Member of Supervisory Board||2.08yrs||€49.00k||no data|
|Member of Supervisory Board||0.75yr||no data||no data|
Experienced Board: HEIJM's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Heijmans N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Heijmans N.V.
- Ticker: HEIJM
- Exchange: ENXTAM
- Founded: 1923
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €244.778m
- Shares outstanding: 21.93m
- Website: https://www.heijmans.nl
Number of Employees
- Heijmans N.V.
- Graafsebaan 65
- 5248 JT
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HEIJM||ENXTAM (Euronext Amsterdam)||Yes||Ordinary Shares||NL||EUR||Sep 1993|
|HJN1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 1993|
|HJMN.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Sep 1993|
|0M6I||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Sep 1993|
|HEIJMA||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Sep 1993|
Heijmans N.V. engages in the property development, residential and non-residential building, and infrastructure businesses primarily in the Netherlands, Belgium, and Germany. The company focuses on the dev...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/20 20:29|
|End of Day Share Price||2021/01/20 00:00|
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.