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Buzzi SpA
SWB:UCM

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Buzzi SpA
SWB:UCM
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Price: 46.24 EUR 5.14%
Market Cap: €5.7B

EV/FCFF

8.9
Current
4%
Cheaper
vs 3-y average of 9.2

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.9
=
Enterprise Value
€4.4B
/
Free Cash Flow to Firm
€489.1m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.9
=
Enterprise Value
€4.4B
/
Free Cash Flow to Firm
€489.1m

Valuation Scenarios

Buzzi SpA is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (9.2), the stock would be worth €47.93 (4% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-13%
Maximum Upside
+116%
Average Upside
36%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 8.9 €46.24
0%
3-Year Average 9.2 €47.93
+4%
5-Year Average 7.7 €40.32
-13%
Industry Average 12.2 €63.72
+38%
Country Average 19.1 €99.67
+116%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
IT
Buzzi SpA
SWB:UCM
5.4B EUR 8.9 5.8
IE
CRH PLC
NYSE:CRH
75.8B USD 30.5 20.2
CH
Holcim AG
SIX:HOLN
40.2B CHF 24.8 3.1
US
Vulcan Materials Co
NYSE:VMC
38.7B USD 37.3 35.9
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 20.2 17
US
Martin Marietta Materials Inc
NYSE:MLM
37B USD 43.1 32.5
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 76.1 46.7
US
Amrize AG
SIX:AMRZ
25.1B CHF 23.7 25.6
DE
Heidelberg Materials AG
XMUN:HEI
21.6B EUR 13.8 10.9
CN
China Jushi Co Ltd
SSE:600176
141.7B CNY 53.8 43.1
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR -9.5 44.9

Market Distribution

Lower than 80% of companies in Italy
Percentile
20th
Based on 642 companies
20th percentile
8.9
Low
1.5 — 11.6
Typical Range
11.6 — 29.6
High
29.6 —
Distribution Statistics
Italy
Min 1.5
30th Percentile 11.6
Median 19.1
70th Percentile 29.6
Max 15 011.5

Buzzi SpA
Glance View

Buzzi SpA, an Italian stalwart in the realm of industrial materials, has carved a significant niche in the global market, primarily through its involvement in cement, ready-mix concrete, and natural aggregates. Founded in 1907 in the small northern Italian town of Trino, the company quickly embraced a philosophy of innovation and expansion. This approach guided Buzzi to extend its footprint beyond Italy's borders, evolving into an influential player on the international stage. The company's operations are vertically integrated, allowing for a seamless control over the manufacturing process—from quarrying raw materials to producing and distributing finished products to construction sites worldwide. This integration equips Buzzi not only with quality control but also with the flexibility to adapt swiftly to market demands and cost management. The financial backbone of Buzzi SpA hinges on its ability to balance steady cash flow from its core cement operations with strategic diversification into concrete and aggregates. By effectively utilizing its robust logistics network, the company ensures timely and efficient delivery, catering to varied construction needs from infrastructure projects to housing developments. This balance allows Buzzi to capture value across different segments of the construction cycle. Additionally, the firm is notably proactive in sustainability endeavors, seeking to reduce its carbon footprint and embrace greener alternatives, which aligns with broader industry shifts towards eco-friendly construction practices. Through strategic acquisitions and a commitment to continuous innovation, Buzzi SpA maintains its competitive edge, capitalizing on the ever-growing global demand for durable infrastructure solutions.

UCM Intrinsic Value
55.63 EUR
Undervaluation 17%
Intrinsic Value
Price €46.24
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