(HEIJM) Koninklijke Heijmans - Ratings and Ratios
Houses, Roads, Buildings, Infrastructure Development
Description: HEIJM Koninklijke Heijmans
Royal Heijmans N.V. (HEIJM) is a Dutch construction and engineering company with a market capitalization of approximately €1.7 billion. The companys stock is listed on the Amsterdam Stock Exchange.
Key performance indicators (KPIs) for HEIJM include a price-to-earnings (P/E) ratio of 15.12, indicating a relatively moderate valuation compared to its earnings. The forward P/E ratio is 12.35, suggesting expected earnings growth. Return on Equity (RoE) stands at 37.96%, demonstrating a strong ability to generate profits from shareholder equity.
The construction and engineering industry is closely tied to economic cycles, with demand influenced by government infrastructure spending, commercial construction activity, and residential housing markets. Key economic drivers for HEIJM include GDP growth, interest rates, and government policies on infrastructure development.
With a beta of 1.305, HEIJMs stock price is expected to be relatively sensitive to market movements, indicating a slightly higher risk profile compared to the overall market. The stock has shown significant price appreciation over the past year, with a 52-week high of €61.80 and a low of €21.92, suggesting potential for volatility.
To assess the investment potential of HEIJM, it is essential to analyze its financial statements, managements track record, industry trends, and competitive positioning. A thorough examination of these factors can provide insights into the companys ability to maintain its profitability and growth prospects.
HEIJM Stock Overview
| Market Cap in USD | 2,079m |
| Sub-Industry | Construction & Engineering |
| IPO / Inception |
HEIJM Stock Ratings
| Growth Rating | 94.7% |
| Fundamental | 86.3% |
| Dividend Rating | 74.4% |
| Return 12m vs S&P 500 | 98.6% |
| Analyst Rating | - |
HEIJM Dividends
| Dividend Yield 12m | 3.47% |
| Yield on Cost 5y | 31.00% |
| Annual Growth 5y | 26.02% |
| Payout Consistency | 69.0% |
| Payout Ratio | 40.4% |
HEIJM Growth Ratios
| Growth Correlation 3m | 66.7% |
| Growth Correlation 12m | 97.6% |
| Growth Correlation 5y | 77.3% |
| CAGR 5y | 60.92% |
| CAGR/Max DD 5y | 1.61 |
| Sharpe Ratio 12m | 1.14 |
| Alpha | 139.93 |
| Beta | 0.916 |
| Volatility | 41.70% |
| Current Volume | 49.8k |
| Average Volume 20d | 71k |
| Stop Loss | 57 (-4%) |
| Signal | -1.20 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (149.7m TTM) > 0 and > 6% of Revenue (6% = 282.1m TTM) |
| FCFTA 0.22 (>2.0%) and ΔFCFTA 15.55pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.11% (prev 3.92%; Δ -2.81pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.25 (>3.0%) and CFO 335.5m > Net Income 149.7m (YES >=105%, WARN >=100%) |
| Net Debt (12.6m) to EBITDA (265.1m) ratio: 0.05 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (27.5m) change vs 12m ago 16.65% (target <= -2.0% for YES) |
| Gross Margin 13.34% (prev 12.93%; Δ 0.41pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 347.7% (prev 135.7%; Δ 212.0pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 19.63 (EBITDA TTM 265.1m / Interest Expense TTM 8.91m) >= 6 (WARN >= 3) |
Altman Z'' 1.86
| (A) 0.04 = (Total Current Assets 790.1m - Total Current Liabilities 738.0m) / Total Assets 1.37b |
| (B) 0.15 = Retained Earnings (Balance) 205.2m / Total Assets 1.37b |
| (C) 0.13 = EBIT TTM 175.0m / Avg Total Assets 1.35b |
| (D) 0.24 = Book Value of Equity 213.5m / Total Liabilities 905.6m |
| Total Rating: 1.86 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 86.28
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 17.64% = 5.0 |
| 3. FCF Margin 6.46% = 1.62 |
| 4. Debt/Equity 0.09 = 2.50 |
| 5. Debt/Ebitda 0.15 = 2.48 |
| 6. ROIC - WACC 28.38% = 12.50 |
| 7. RoE 37.96% = 2.50 |
| 8. Rev. Trend 86.47% = 4.32 |
| 9. Rev. CAGR 17.33% = 2.17 |
| 10. EPS Trend 8.85% = 0.22 |
| 11. EPS CAGR 19.74% = 1.97 |
What is the price of HEIJM shares?
Over the past week, the price has changed by -6.46%, over one month by +15.00%, over three months by +11.65% and over the past year by +133.69%.
Is Koninklijke Heijmans a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HEIJM is around 80.16 EUR . This means that HEIJM is currently undervalued and has a potential upside of +34.95% (Margin of Safety).
Is HEIJM a buy, sell or hold?
What are the forecasts/targets for the HEIJM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 70.4 | 18.5% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 90 | 51.6% |
HEIJM Fundamental Data Overview
Market Cap EUR = 1.78b (1.78b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 102.6m EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 15.9582
P/E Forward = 13.2275
P/S = 0.6666
P/B = 3.6734
Beta = 1.305
Revenue TTM = 4.70b EUR
EBIT TTM = 175.0m EUR
EBITDA TTM = 265.1m EUR
Long Term Debt = 8.20m EUR (from longTermDebt, last quarter)
Short Term Debt = 32.1m EUR (from shortTermDebt, last quarter)
Debt = 40.3m EUR (Calculated: Short Term 32.1m + Long Term 8.20m)
Net Debt = 12.6m EUR (from netDebt column, last quarter)
Enterprise Value = 1.72b EUR (1.78b + Debt 40.3m - CCE 102.6m)
Interest Coverage Ratio = 19.63 (Ebit TTM 175.0m / Interest Expense TTM 8.91m)
FCF Yield = 17.64% (FCF TTM 303.8m / Enterprise Value 1.72b)
FCF Margin = 6.46% (FCF TTM 303.8m / Revenue TTM 4.70b)
Net Margin = 3.18% (Net Income TTM 149.7m / Revenue TTM 4.70b)
Gross Margin = 13.34% ((Revenue TTM 4.70b - Cost of Revenue TTM 4.07b) / Revenue TTM)
Tobins Q-Ratio = 8.07 (Enterprise Value 1.72b / Book Value Of Equity 213.5m)
Interest Expense / Debt = 7.94% (Interest Expense 3.20m / Debt 40.3m)
Taxrate = 23.08% (from yearly Income Tax Expense: 27.0m / 117.0m)
NOPAT = 134.6m (EBIT 175.0m * (1 - 23.08%))
Current Ratio = 1.07 (Total Current Assets 790.1m / Total Current Liabilities 738.0m)
Debt / Equity = 0.09 (Debt 40.3m / last Quarter total Stockholder Equity 463.0m)
Debt / EBITDA = 0.15 (Net Debt 12.6m / EBITDA 265.1m)
Debt / FCF = 0.13 (Debt 40.3m / FCF TTM 303.8m)
Total Stockholder Equity = 394.4m (last 4 quarters mean)
RoA = 10.94% (Net Income 149.7m, Total Assets 1.37b )
RoE = 37.96% (Net Income TTM 149.7m / Total Stockholder Equity 394.4m)
RoCE = 43.46% (Ebit 175.0m / (Equity 394.4m + L.T.Debt 8.20m))
RoIC = 37.70% (NOPAT 134.6m / Invested Capital 357.0m)
WACC = 9.32% (E(1.78b)/V(1.82b) * Re(9.39%)) + (D(40.3m)/V(1.82b) * Rd(7.94%) * (1-Tc(0.23)))
Shares Correlation 5-Years: 100.0 | Cagr: 5.79%
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 64.61% ; FCFE base≈217.8m ; Y1≈143.0m ; Y5≈65.4m
Fair Price DCF = 37.90 (DCF Value 1.04b / Shares Outstanding 27.5m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 86.47 | Revenue CAGR: 17.33%
Rev Growth-of-Growth: 31.82
EPS Correlation: 8.85 | EPS CAGR: 19.74%
EPS Growth-of-Growth: 198.1