HeidelbergCement AG

Factors to consider:

• Company pays dividends (annually): last record date 2025-05-19, amount 3.69$ (Y1.37%)
• Current price 85.1% above estimated high
• Earnings for 6 months up through Q2 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [108.15$, 145.42$]
• 2025-12-31 to 2026-12-31 estimated range: [116.13$, 156.75$]

Financial Metrics affecting the HLBZF estimates:

• Negative: with PPE of 12.1 at the end of fiscal year the price was very high
• Positive: Operating cash flow per share per price, % of 14.59 > 13.24
• Positive: 7.86 < Operating profit margin, % of 15.14
• Positive: 5.52 < Industry operating cash flow per share per price (median), % of 7.19
• Positive: 41.86 < Shareholder equity ratio, % of 50.39 <= 63.39
• Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 4.80
• Positive: Inventory ratio change, % of 0.65 <= 0.84
• Positive: Interest expense per share per price, % of 1.41 <= 3.41
• Positive: Industry operating profit margin (median), % of 12.61 > 9.92