Heidelberg Materials AG
XMUN:HEI
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P/B
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.
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.
Valuation Scenarios
If P/B returns to its 3-Year Average (0.7), the stock would be worth €106.35 (44% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1.2 | €188.35 |
0%
|
| 3-Year Average | 0.7 | €106.35 |
-44%
|
| 5-Year Average | 0.6 | €90.03 |
-52%
|
| Industry Average | 1.6 | €245.49 |
+30%
|
| Country Average | 1.7 | €263.1 |
+40%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| DE |
H
|
Heidelberg Materials AG
XMUN:HEI
|
21.9B EUR | 1.2 | 11.3 | |
| IE |
C
|
CRH PLC
NYSE:CRH
|
77.6B USD | 3.2 | 20.7 | |
| CH |
|
Holcim AG
SIX:HOLN
|
39.5B CHF | 2.6 | 3 | |
| DE |
|
HeidelbergCement AG
XETRA:HEI
|
33.1B EUR | 1.8 | 17 | |
| IN |
|
UltraTech Cement Ltd
NSE:ULTRACEMCO
|
3.6T INR | 4.9 | 49.1 | |
| US |
|
Vulcan Materials Co
NYSE:VMC
|
37.9B USD | 4.4 | 35.2 | |
| US |
|
Martin Marietta Materials Inc
NYSE:MLM
|
36.8B USD | 3.7 | 32.4 | |
| US |
A
|
Amrize AG
SIX:AMRZ
|
24.5B CHF | 2.3 | 25.6 | |
| IN |
|
Grasim Industries Ltd
NSE:GRASIM
|
1.9T INR | 1.9 | 44.4 | |
| CN |
|
China Jushi Co Ltd
SSE:600176
|
128B CNY | 4.1 | 39 | |
| MX |
|
Cemex SAB de CV
NYSE:CX
|
17.3B USD | 1.3 | 18 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.1 |
| Median | 1.7 |
| 70th Percentile | 2.8 |
| Max | 125.7 |
Other Multiples
Heidelberg Materials AG
Glance View
Heidelberg Materials AG, a stalwart in the construction materials sector, traces its origins back to the late 19th century. Its journey began on the banks of the Neckar River in Germany, where the company originally focused on cement production. Over the decades, what started as a modest family business evolved into a global powerhouse, becoming one of the largest suppliers of cement, aggregates, and ready-mixed concrete worldwide. This transformation was possible through strategic acquisitions and relentless innovation, enabling Heidelberg Materials to secure a formidable presence in more than 60 countries. The company embraces sustainability as a core tenet, diligently working to reduce its carbon footprint by investing in new technologies and environmentally-friendly materials, reflecting in its ongoing development of low-carbon products. At the heart of Heidelberg Materials' business model lies diversification and integration across its operations. By maintaining control over its production processes, from raw material extraction to the delivery of finished products, the company enhances operational efficiency and scales its output effectively. The cement segment remains the cornerstone of its revenue, being critical to construction projects globally. Aggregates, such as sand and gravel, complement this, forming essential components for construction. The ready-mixed concrete segment bridges these materials, offering tailored solutions for specific building needs. The synergy between these segments not only fortifies Heidelberg Materials' market position but also allows the firm to deliver consistent value through a well-rounded product portfolio that meets the diverse demands of infrastructure and building projects around the world.