Cementir Holding NV
MIL:CEM

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Cementir Holding NV Logo
Cementir Holding NV
MIL:CEM
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Price: 15.5 EUR -2.76% Market Closed
Market Cap: €2.5B

P/B

1.3
Current
26%
More Expensive
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
€2.3B
/
Total Equity
€1.9B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
€2.3B
/
Total Equity
€1.9B

Valuation Scenarios

Cementir Holding NV is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth €12.25 (21% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-21%
Maximum Upside
+74%
Average Upside
18%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 €15.5
0%
3-Year Average 1 €12.25
-21%
5-Year Average 1 €12.25
-21%
Industry Average 2.3 €26.91
+74%
Country Average 1.8 €21.95
+42%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IT
Cementir Holding NV
MIL:CEM
2.5B EUR 1.3 11.7
IE
CRH PLC
NYSE:CRH
78.9B USD 3.3 21
CH
Holcim AG
SIX:HOLN
40.3B CHF 2.6 3.1
DE
HeidelbergCement AG
XETRA:HEI
33.1B EUR 1.8 17.1
US
Vulcan Materials Co
NYSE:VMC
38.1B USD 4.5 35.8
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 4.9 49.2
US
Martin Marietta Materials Inc
NYSE:MLM
37.1B USD 3.7 32.6
US
Amrize AG
SIX:AMRZ
24.7B CHF 2.4 26.5
DE
Heidelberg Materials AG
XMUN:HEI
21.7B EUR 1.2 11.2
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.9 45.1
CN
China Jushi Co Ltd
SSE:600176
131B CNY 4.2 39.9

Market Distribution

Lower than 70% of companies in Italy
Percentile
30th
Based on 911 companies
30th percentile
1.3
Low
0.3 — 1.3
Typical Range
1.3 — 2.7
High
2.7 —
Distribution Statistics
Italy
Min 0.3
30th Percentile 1.3
Median 1.8
70th Percentile 2.7
Max 362.8

Cementir Holding NV
Glance View

Market Cap
2.5B EUR
Industry
Construction

Cementir Holding NV stands as a testament to strategic evolution and adaptation in the global construction materials industry. Founded in Italy in 1947, the company has steadily transformed from a small domestic producer into a significant international player. Cementir's operations span across more than 18 countries, focusing primarily on the production of cement, ready-mix concrete, aggregates, and waste management. Central to its growth strategy has been targeted acquisitions, which have allowed it to diversify geographically and expand its product portfolio. This breadth enables Cementir to operate a resilient business model that can capitalize on regional growth opportunities while mitigating risks inherent to specific markets. The core of Cementir's business lies in its cement production, which serves as a fundamental component of the construction sector. By leveraging advanced manufacturing facilities and a network of strategically located plants, the company ensures efficient production and distribution capabilities. These assets allow Cementir to generate revenue through the sale of its cement and concrete products to real estate developers, infrastructure projects, and various construction-related enterprises. Additionally, its investment in waste management and the development of environmentally sustainable solutions highlights a commitment to innovation and aligns with broader industry trends towards sustainability. By optimizing production processes and expanding its service offerings, Cementir maintains its competitive edge and solidifies its position as a key player in the global construction materials market.

CEM Intrinsic Value
19.32 EUR
Undervaluation 20%
Intrinsic Value
Price €15.5
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