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Holcim AG
OTC:HCMLF

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Holcim AG
OTC:HCMLF
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Price: 92.88 USD Market Closed
Market Cap: $52.6B

P/S

2.6
Current
201%
More Expensive
vs 3-y average of 0.9

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.6
=
Market Cap
$37.2B
/
Revenue
CHf15.7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2.6
=
Market Cap
$37.2B
/
Revenue
CHf15.7B

Valuation Scenarios

Holcim AG is trading above its 3-year average

If P/S returns to its 3-Year Average (0.9), the stock would be worth $30.82 (67% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-76%
Maximum Upside
No Upside Scenarios
Average Downside
55%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2.6 $92.88
0%
3-Year Average 0.9 $30.82
-67%
5-Year Average 0.6 $22.31
-76%
Industry Average 1.2 $43.9
-53%
Country Average 2 $70.91
-24%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
$37.2B
/
Jan 2026
CHf15.7B
=
2.6
Current
$37.2B
/
Dec 2026
CHf16.7B
=
2.2
Forward
$37.2B
/
Dec 2027
CHf18B
=
2.1
Forward
$37.2B
/
Dec 2028
CHf18.9B
=
2
Forward
$37.2B
/
Dec 2029
CHf20B
=
1.9
Forward
$37.2B
/
Dec 2030
CHf20.8B
=
1.8
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CH
Holcim AG
OTC:HCMLF
40.2B USD 2.6 3.1
IE
CRH PLC
NYSE:CRH
75.8B USD 2 20.2
US
Vulcan Materials Co
NYSE:VMC
38.7B USD 4.9 35.9
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 1.5 17
US
Martin Marietta Materials Inc
NYSE:MLM
37B USD 6 32.5
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 3.9 46.7
US
Amrize AG
SIX:AMRZ
25.1B CHF 2.6 25.6
DE
Heidelberg Materials AG
XMUN:HEI
21.6B EUR 1 10.9
CN
China Jushi Co Ltd
SSE:600176
141.7B CNY 7.5 43.1
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.1 44.9
MX
Cemex SAB de CV
NYSE:CX
17.9B USD 1.1 18.6

Market Distribution

In line with most companies in Switzerland
Percentile
65th
Based on 1 091 companies
65th percentile
3.3
Low
0 — 1
Typical Range
1 — 3.9
High
3.9 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 1
Median 2
70th Percentile 3.9
Max 2 594.8

Holcim AG
Glance View

Holcim AG, a towering force in the global construction materials industry, traces its roots back to the early 20th century. Founded in Switzerland, the company initially honed its expertise by producing cement, a fundamental ingredient that fuels the growth of modern urban landscapes. As the decades rolled on, Holcim broadened its horizons. Today, it stands as a leader not only in cement manufacturing but also in aggregates production and ready-mix concrete. These materials are vital arteries in the construction sector, offering the essential building blocks for a plethora of infrastructure projects from skyscrapers soaring into city skylines to bridges weaving transportation networks across continents. Operating on an international scale, Holcim's economic engine functions through an intricate network of production facilities and distribution channels spread across various countries. The company acquires raw materials and transforms them into high-demand construction commodities, subsequently selling them to contractors, developers, and builders. Holcim's strategic pursuit of operational efficiency and sustainability has cemented its position in the industry, with innovative solutions aimed at reducing carbon footprints and improving resource efficiency. Through embracing technological advancements and a relentless focus on customer needs, Holcim not only sustains its profitability but also significantly contributes to the future of sustainable construction.

HCMLF Intrinsic Value
143.22 USD
Undervaluation 35%
Intrinsic Value
Price $92.88
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