Company Valuation: Holcim Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 29,838 28,451 29,112 38,234 49,081 42,024 42,024 -
Change - -4.65% 2.32% 31.34% 28.37% -14.38% 0% -
Enterprise Value (EV) 1 38,321 38,428 35,144 46,130 57,529 45,697 45,813 44,625
Change - 0.28% -8.55% 31.26% 24.71% -20.57% 0.25% -2.59%
P/E ratio 17.7x 12.5x 8.77x 12.3x 16.7x 24.8x 22.2x 19.4x
PBR 1.04x 1.02x 0.98x 1.45x 1.8x 2.64x 2.51x 2.35x
PEG - 0.3x 0.2x -6.11x -6.87x -0.6x 2x 1.3x
Capitalization / Revenue 1.29x 1.06x 1x 1.42x 1.86x 2.65x 2.58x 2.43x
EV / Revenue 1.66x 1.43x 1.2x 1.71x 2.18x 2.89x 2.81x 2.58x
EV / EBITDA 6.41x 5.54x 5.08x 6.85x 8.62x 11.7x 11.1x 9.94x
EV / EBIT 10.4x 8.33x 7.4x 9.69x 11.4x 16.1x 14.8x 13x
EV / FCF 10.9x 10.9x 11.7x 12.5x 15.1x 19.7x 21.8x 19x
FCF Yield 9.14% 9.14% 8.57% 8.03% 6.61% 5.09% 4.58% 5.28%
Dividend per Share 2 2 2.2 2.5 2.8 3.1 1.686 1.812 2.002
Rate of return 4.11% 4.73% 5.22% 4.24% 3.55% 2.16% 2.32% 2.57%
EPS 2 2.74 3.73 5.46 5.35 5.22 3.148 3.506 4.022
Distribution rate 73% 59% 45.8% 52.3% 59.4% 53.5% 51.7% 49.8%
Net sales 1 23,142 26,834 29,189 27,009 26,407 15,838 16,303 17,314
EBITDA 1 5,976 6,932 6,912 6,737 6,677 3,918 4,114 4,488
EBIT 1 3,673 4,612 4,752 4,760 5,049 2,841 3,092 3,421
Net income 1 1,697 2,298 3,308 3,060 2,926 1,771 1,974 2,271
Net Debt 1 8,483 9,977 6,032 7,896 8,448 3,673 3,789 2,601
Reference price 2 48.62 46.51 47.88 66.02 87.36 78.00 78.00 78.00
Nbr of stocks (in thousands) 6,13,694 6,11,712 6,08,010 5,79,125 5,61,823 5,38,766 5,38,766 -
Announcement Date 26/02/21 25/02/22 24/02/23 28/02/24 28/02/25 - - -
1CHF in Million2CHF
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.78x2.89x11.66x2.16% 5.33TCr
13.44x0.86x3.92x3.67% 1.75TCr
48.74x3.88x15.16x-.--% 1.42TCr
51.55x4.46x18.84x0.5% 1.06TCr
10.95x1.75x6.67x1.55% 1.06TCr
10.96x2.88x6.59x8.23% 748.8Cr
16.78x3.71x10.9x0.45% 717.4Cr
18.97x1.77x7.19x2.06% 688.87Cr
81.07x1.94x8.97x3.83% 609.78Cr
52x - - - 584.11Cr
Average 32.92x 2.68x 9.99x 2.49% 1.4TCr
Weighted average by Cap. 28.93x 2.70x 10.52x 2.27%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield