HOLN Stock Analysis: Holcim | SW
Building Materials | SW, Switzerland | Market Cap: 35.975m CHF | 12M Return: -1.4% | CH0012214059 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 76.6M
Qual. Beats: 0
Rev. Trend: -83.5%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Holcim AG is a Swiss-headquartered building materials and solutions provider operating across Europe, Latin America, and the Asia, Middle East, and Africa region. Founded in 1833 and headquartered in Zug, the company was renamed from LafargeHolcim Ltd to Holcim AG in May 2021.
The company operates a vertically integrated business model spanning the construction materials value chain, offering cement and clinker, ready-mix concrete, aggregates (crushed stone, gravel, sand), and a broad portfolio of downstream products such as precast concrete, asphalts, mortars, roofing and insulation systems, tile adhesives, and facade solutions. It also delivers digital services through the HOLCIM+ platform and digital concrete services, and markets its offerings under numerous brands including ECOPact, ECOPlanet, ECOCycle, Ductal, Agilia, DYNAMax, and Elevate.
Holcims products serve four end-market categories: infrastructure (tunnels, railways, airports, ports, bridges), housing (individual and collective), commercial (offices, retail, public buildings), and industrial (renewable energy, oil and gas, mining). As a large-cap constituent of the Materials sector within the Construction Materials sub-industry, the company is among the largest global players in cement and aggregates, with a product portfolio that emphasizes lower-carbon and circular construction solutions alongside traditional materials.
- Infrastructure spending boosts cement volumes across Americas
- Green cement products like ECOPact expand margins
- European construction weakness pressures core segment volumes
| Net Income: 583.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -3.40 > 1.0 |
| NWC/Revenue: 3.11% < 20% (prev 14.00%; Δ -10.89% < -1%) |
| CFO/TA 0.12 > 3% & CFO 4.50b > Net Income 583.5m |
| Net Debt (8.99b) to EBITDA (5.17b): 1.74 < 3 |
| Current Ratio: 1.09 > 1.5 & < 3 |
| Outstanding Shares: last quarter (555.2m) vs 12m ago -0.22% < -2% |
| Gross Margin: 42.03% > 18% (prev 44.40%; Δ -2.37% > 0.5%) |
| Asset Turnover: 68.33% > 50% (prev 65.04%; Δ 3.30% > 0%) |
| Interest Coverage Ratio: 12.81 > 6 (EBIT TTM 3.60b / Interest Expense TTM 281.0m) |
| A: 0.02 (Total Current Assets 9.19b - Total Current Liabilities 8.45b) / Total Assets 36.3b |
| B: 0.60 (Retained Earnings 21.6b / Total Assets 36.3b) |
| C: 0.10 (EBIT TTM 3.60b / Avg Total Assets 34.6b) |
| D: 0.81 (Book Value of Equity 15.8b / Total Liabilities 19.6b) |
| Altman-Z'' = 3.62 = AA |
| DSRI: 1.12 (Receivables 2.66b/2.15b, Revenue 23.7b/21.5b) |
| GMI: 1.06 (GM 44.40% / 42.03%) |
| AQI: 1.08 (AQ_t 0.37 / AQ_t-1 0.34) |
| SGI: 1.10 (Revenue 23.7b / 21.5b) |
| TATA: -0.11 (NI 583.5m - CFO 4.50b) / TA 36.3b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at CHF 62.84 with a total of 1,266,229 shares traded. Over the past week, the price has changed by -2.54%, over one month by -14.55%, over three months by -13.89% and over the past year by -1.42%.
Current recommended Stop Loss: 60.40 (which is 3.9% or 1.4 ATR below the current price).
Holcim has no consensus analysts rating.
P/E Trailing = 92.9143
P/E Forward = 14.6843
P/S = 2.2801
P/B = 2.3699
P/EG = 0.3229
Revenue TTM = 23.7b CHF
EBIT TTM = 3.60b CHF
EBITDA TTM = 5.17b CHF
Long Term Debt = 7.39b CHF (from longTermDebt, last fiscal year)
Short Term Debt = 2.43b CHF (from shortTermDebt, last quarter)
Debt = 12.6b CHF (from shortLongTermDebtTotal, last quarter) + Leases 1.65b
Net Debt = 8.99b CHF (calculated: Debt 12.6b - CCE 3.60b)
Enterprise Value = 45.0b CHF (36.0b + Debt 12.6b - CCE 3.60b)
Interest Coverage Ratio = 12.81 (Ebit TTM 3.60b / Interest Expense TTM 281.0m)
EV/FCF = 16.04x (Enterprise Value 45.0b / FCF TTM 2.80b)
FCF Yield = 6.23% (FCF TTM 2.80b / Enterprise Value 45.0b)
FCF Margin = 11.85% (FCF TTM 2.80b / Revenue TTM 23.7b)
Net Margin = 2.47% (Net Income TTM 583.5m / Revenue TTM 23.7b)
Gross Margin = 42.03% ((Revenue TTM 23.7b - Cost of Revenue TTM 13.7b) / Revenue TTM)
Gross Margin QoQ = 42.66% (prev 42.66%)
Tobins Q-Ratio = 1.24 (Enterprise Value 45.0b / Total Assets 36.3b)
Interest Expense / Debt = 2.23% (Interest Expense 281.0m / Debt 12.6b)
Taxrate = 22.75% (281.0m / 1.24b)
NOPAT = 2.78b (EBIT 3.60b * (1 - 22.75%))
Current Ratio = 1.09 (Total Current Assets 9.19b / Total Current Liabilities 8.45b)
Debt / Equity = 0.80 (Debt 12.6b / totalStockholderEquity, last quarter 15.8b)
Debt / EBITDA = 1.74 (Net Debt 8.99b / EBITDA 5.17b)
Debt / FCF = 3.21 (Net Debt 8.99b / FCF TTM 2.80b)
Total Stockholder Equity = 15.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.68% (Net Income 583.5m / Total Assets 36.3b)
RoE = 3.74% (Net Income TTM 583.5m / Total Stockholder Equity 15.6b)
RoCE = 15.66% (EBIT 3.60b / Capital Employed (Equity 15.6b + L.T.Debt 7.39b))
RoIC = 9.57% (NOPAT 2.78b / Invested Capital 29.1b)
WACC = 6.95% (E(36.0b)/V(48.6b) * Re(8.78%) + D(12.6b)/V(48.6b) * Rd(2.23%) * (1-Tc(0.23)))
Discount Rate = 8.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -81.23 | Cagr: -0.64%
[DCF] Terminal Value 73.10% ; FCFF base≈3.15b ; Y1≈2.76b ; Y5≈2.23b
[DCF] Fair Price = 48.55 (EV 35.8b - Net Debt 8.99b = Equity 26.9b / Shares 553.1m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -83.51 | Revenue CAGR: -15.17% | SUE: 1.40 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=3.79 | Chg30d=-1.17% | Revisions=+70% | GrowthEPS=+17.8% | GrowthRev=+7.4%
EPS next Year (2027-12-31): EPS=4.32 | Chg30d=+0.05% | Revisions=+44% | GrowthEPS=+13.9% | GrowthRev=+9.3%
[Analyst] Revisions Ratio: +69% (up=12, down=1)