(HEIJM) Koninklijke Heijmans - Overview
Sector: IndustrialsIndustry: Engineering & Construction | Exchange AS (Netherlands) | Currency EUR | Market Cap: 2.370m | Total Return 99.3% in 12m
Stock: Real Estate, Construction, Infrastructure, Housing
Total Rating 76
Risk 79
Buy Signal -0.43
| Risk 5d forecast | |
|---|---|
| Volatility | 47.6% |
| Relative Tail Risk | -17.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.88 |
| Alpha | 92.17 |
| Character TTM | |
|---|---|
| Beta | 0.401 |
| Beta Downside | -0.152 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.40% |
| CAGR/Max DD | 4.93 |
Description: HEIJM Koninklijke Heijmans March 04, 2026
Koninklijke Heijmans N.V. operates in real estate, construction, and infrastructure. The company develops and sells residential properties, a common business model in the real estate sector focusing on both urban and suburban projects.
Its construction activities include building new homes and maintaining existing housing stock. The company also designs and maintains electro-technical and mechanical installations, often a key component in large-scale construction contracts for various industries.
Infrastructure work involves constructing and maintaining roads and public spaces. This sector is characterized by long project cycles and significant public sector involvement.
For more detailed financial data and historical performance, ValueRay offers comprehensive analysis.
Headlines to watch out for
- Dutch housing market conditions impact residential development revenue
- Infrastructure project pipeline drives construction backlog
- Material and labor cost fluctuations affect project profitability
- Government spending on public works influences infrastructure contracts
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 220.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.17 > 0.02 and ΔFCF/TA 8.32 > 1.0 |
| NWC/Revenue: 0.37% < 20% (prev 2.32%; Δ -1.94% < -1%) |
| CFO/TA 0.33 > 3% & CFO 542.5m > Net Income 220.0m |
| Net Debt (33.0m) to EBITDA (357.2m): 0.09 < 3 |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (27.5m) vs 12m ago 7.09% < -2% |
| Gross Margin: 14.53% > 18% (prev 0.14%; Δ 1.44k% > 0.5%) |
| Asset Turnover: 354.0% > 50% (prev 225.4%; Δ 128.6% > 0%) |
| Interest Coverage Ratio: 26.76 > 6 (EBITDA TTM 357.2m / Interest Expense TTM 10.2m) |
Altman Z'' 2.08
| A: 0.01 (Total Current Assets 947.0m - Total Current Liabilities 927.0m) / Total Assets 1.67b |
| B: 0.17 (Retained Earnings 290.0m / Total Assets 1.67b) |
| C: 0.18 (EBIT TTM 273.0m / Avg Total Assets 1.51b) |
| D: 0.21 (Book Value of Equity 234.0m / Total Liabilities 1.12b) |
| Altman-Z'' Score: 2.08 = BBB |
Beneish M -3.04
| DSRI: 0.64 (Receivables 245.0m/219.9m, Revenue 5.36b/3.07b) |
| GMI: 0.93 (GM 14.53% / 13.51%) |
| AQI: 1.03 (AQ_t 0.27 / AQ_t-1 0.26) |
| SGI: 1.75 (Revenue 5.36b / 3.07b) |
| TATA: -0.19 (NI 220.0m - CFO 542.5m) / TA 1.67b) |
| Beneish M-Score: -3.04 (Cap -4..+1) = AA |
What is the price of HEIJM shares?
As of March 26, 2026, the stock is trading at EUR 77.75 with a total of 118,869 shares traded.
Over the past week, the price has changed by -1.21%, over one month by -13.47%, over three months by +16.48% and over the past year by +99.29%.
Over the past week, the price has changed by -1.21%, over one month by -13.47%, over three months by +16.48% and over the past year by +99.29%.
Is HEIJM a buy, sell or hold?
Koninklijke Heijmans has no consensus analysts rating.
What are the forecasts/targets for the HEIJM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 95 | 22.2% |
| Analysts Target Price | - | - |
HEIJM Fundamental Data Overview March 22, 2026
Market Cap USD = 2.37b (2.05b EUR * 1.1562 EUR.USD)
P/E Trailing = 15.7717
P/E Forward = 12.5628
P/S = 0.7395
P/B = 3.7386
P/EG = 2.0673
Revenue TTM = 5.36b EUR
EBIT TTM = 273.0m EUR
EBITDA TTM = 357.2m EUR
Long Term Debt = 8.30m EUR (from longTermDebt, last quarter)
Short Term Debt = 35.0m EUR (from shortTermDebt, last quarter)
Debt = 223.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.0m EUR (from netDebt column, last quarter)
Enterprise Value = 2.08b EUR (2.05b + Debt 223.0m - CCE 190.0m)
Interest Coverage Ratio = 26.76 (Ebit TTM 273.0m / Interest Expense TTM 10.2m)
EV/FCF = 7.24x (Enterprise Value 2.08b / FCF TTM 287.8m)
FCF Yield = 13.82% (FCF TTM 287.8m / Enterprise Value 2.08b)
FCF Margin = 5.37% (FCF TTM 287.8m / Revenue TTM 5.36b)
Net Margin = 4.11% (Net Income TTM 220.0m / Revenue TTM 5.36b)
Gross Margin = 14.53% ((Revenue TTM 5.36b - Cost of Revenue TTM 4.58b) / Revenue TTM)
Gross Margin QoQ = 15.53% (prev 16.26%)
Tobins Q-Ratio = 1.25 (Enterprise Value 2.08b / Total Assets 1.67b)
Interest Expense / Debt = 1.35% (Interest Expense 3.00m / Debt 223.0m)
Taxrate = 24.21% (23.0m / 95.0m)
NOPAT = 206.9m (EBIT 273.0m * (1 - 24.21%))
Current Ratio = 1.02 (Total Current Assets 947.0m / Total Current Liabilities 927.0m)
Debt / Equity = 0.41 (Debt 223.0m / totalStockholderEquity, last quarter 548.0m)
Debt / EBITDA = 0.09 (Net Debt 33.0m / EBITDA 357.2m)
Debt / FCF = 0.11 (Net Debt 33.0m / FCF TTM 287.8m)
Total Stockholder Equity = 474.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 14.54% (Net Income 220.0m / Total Assets 1.67b)
RoE = 46.41% (Net Income TTM 220.0m / Total Stockholder Equity 474.0m)
RoCE = 56.60% (EBIT 273.0m / Capital Employed (Equity 474.0m + L.T.Debt 8.30m))
RoIC = 42.13% (NOPAT 206.9m / Invested Capital 491.1m)
WACC = 6.76% (E(2.05b)/V(2.27b) * Re(7.39%) + D(223.0m)/V(2.27b) * Rd(1.35%) * (1-Tc(0.24)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 3.48%
[DCF] Terminal Value 76.73% ; FCFF base≈221.4m ; Y1≈145.4m ; Y5≈66.5m
[DCF] Fair Price = 60.97 (EV 1.71b - Net Debt 33.0m = Equity 1.68b / Shares 27.5m; r=6.76% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 10.24 | EPS CAGR: 53.60% | SUE: 4.0 | # QB: 1
Revenue Correlation: 91.49 | Revenue CAGR: 25.25% | SUE: -0.02 | # QB: 0
EPS current Year (2026-12-31): EPS=6.08 | Chg7d=-0.240 | Chg30d=-0.070 | Revisions Net=-1 | Growth EPS=+10.8% | Growth Revenue=+12.2%
EPS next Year (2027-12-31): EPS=6.93 | Chg7d=-0.070 | Chg30d=+0.130 | Revisions Net=-1 | Growth EPS=+14.0% | Growth Revenue=+5.5%
P/E Trailing = 15.7717
P/E Forward = 12.5628
P/S = 0.7395
P/B = 3.7386
P/EG = 2.0673
Revenue TTM = 5.36b EUR
EBIT TTM = 273.0m EUR
EBITDA TTM = 357.2m EUR
Long Term Debt = 8.30m EUR (from longTermDebt, last quarter)
Short Term Debt = 35.0m EUR (from shortTermDebt, last quarter)
Debt = 223.0m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.0m EUR (from netDebt column, last quarter)
Enterprise Value = 2.08b EUR (2.05b + Debt 223.0m - CCE 190.0m)
Interest Coverage Ratio = 26.76 (Ebit TTM 273.0m / Interest Expense TTM 10.2m)
EV/FCF = 7.24x (Enterprise Value 2.08b / FCF TTM 287.8m)
FCF Yield = 13.82% (FCF TTM 287.8m / Enterprise Value 2.08b)
FCF Margin = 5.37% (FCF TTM 287.8m / Revenue TTM 5.36b)
Net Margin = 4.11% (Net Income TTM 220.0m / Revenue TTM 5.36b)
Gross Margin = 14.53% ((Revenue TTM 5.36b - Cost of Revenue TTM 4.58b) / Revenue TTM)
Gross Margin QoQ = 15.53% (prev 16.26%)
Tobins Q-Ratio = 1.25 (Enterprise Value 2.08b / Total Assets 1.67b)
Interest Expense / Debt = 1.35% (Interest Expense 3.00m / Debt 223.0m)
Taxrate = 24.21% (23.0m / 95.0m)
NOPAT = 206.9m (EBIT 273.0m * (1 - 24.21%))
Current Ratio = 1.02 (Total Current Assets 947.0m / Total Current Liabilities 927.0m)
Debt / Equity = 0.41 (Debt 223.0m / totalStockholderEquity, last quarter 548.0m)
Debt / EBITDA = 0.09 (Net Debt 33.0m / EBITDA 357.2m)
Debt / FCF = 0.11 (Net Debt 33.0m / FCF TTM 287.8m)
Total Stockholder Equity = 474.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 14.54% (Net Income 220.0m / Total Assets 1.67b)
RoE = 46.41% (Net Income TTM 220.0m / Total Stockholder Equity 474.0m)
RoCE = 56.60% (EBIT 273.0m / Capital Employed (Equity 474.0m + L.T.Debt 8.30m))
RoIC = 42.13% (NOPAT 206.9m / Invested Capital 491.1m)
WACC = 6.76% (E(2.05b)/V(2.27b) * Re(7.39%) + D(223.0m)/V(2.27b) * Rd(1.35%) * (1-Tc(0.24)))
Discount Rate = 7.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 3.48%
[DCF] Terminal Value 76.73% ; FCFF base≈221.4m ; Y1≈145.4m ; Y5≈66.5m
[DCF] Fair Price = 60.97 (EV 1.71b - Net Debt 33.0m = Equity 1.68b / Shares 27.5m; r=6.76% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 10.24 | EPS CAGR: 53.60% | SUE: 4.0 | # QB: 1
Revenue Correlation: 91.49 | Revenue CAGR: 25.25% | SUE: -0.02 | # QB: 0
EPS current Year (2026-12-31): EPS=6.08 | Chg7d=-0.240 | Chg30d=-0.070 | Revisions Net=-1 | Growth EPS=+10.8% | Growth Revenue=+12.2%
EPS next Year (2027-12-31): EPS=6.93 | Chg7d=-0.070 | Chg30d=+0.130 | Revisions Net=-1 | Growth EPS=+14.0% | Growth Revenue=+5.5%