HeidelbergCement AG

Factors to consider:

• Company pays dividends (annually): last record date 2025-05-19, amount 3.69$ (Y1.38%)
• Current price 74.8% 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: [100.75$, 141.89$]
• 2025-12-31 to 2026-12-31 estimated range: [110.10$, 153.42$]

Financial Metrics affecting the HLBZF estimates:

• Negative: with PPE of 12.1 at the end of fiscal year the price was high
• Positive: Operating cash flow per share per price, % of 14.59 > 12.99
• Positive: 7.61 < Operating profit margin, % of 15.14
• Positive: 1.84 < Return on assets ratio (scaled to [-100,100]) of 4.80
• Positive: 42.77 < Shareholder equity ratio, % of 50.39 <= 64.37
• Negative: Industry earnings per price (median), % of 2.65 <= 4.47
• Positive: Interest expense per share per price, % of 1.41 <= 3.31
• Positive: 5.48 < Industry operating cash flow per share per price (median), % of 6.54