HOLN Stock Analysis: Holcim | SW
Building Materials | SW, Switzerland | Market Cap: 40.942m CHF | 12M Return: 17.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 64.0M
Qual. Beats: 0
Rev. Trend: -89.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 regions. Its product portfolio spans cement, clinker, ready-mix concrete, aggregates, precast concrete, asphalt, mortars, roofing, insulation, and facade systems, supported by digital services through its HOLCIM+ platform. The company serves four major end markets-infrastructure (tunnels, railways, airports, bridges), housing, commercial construction, and industrial projects including renewable energy and mining-under brands such as ECOPact, ECOPlanet, Elevate, Ductal, and Tector. Originally founded in 1833 and previously known as LafargeHolcim Ltd, the company rebranded to Holcim AG in May 2021 and is listed on the Swiss exchange under ticker HOLN. As a large-cap constituent of the Materials sector, Holcim is one of the global leaders in the heavy-side construction materials industry, where scale of raw material reserves, vertical integration across cement, aggregates, and concrete, and exposure to long-cycle infrastructure demand are key competitive drivers.
- US infrastructure spending lifts cement and aggregates volumes
- EU carbon border tax raises cement production costs
- Acquisitions expand higher-margin roofing and building solutions portfolio
| Net Income: 12.9b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.53 > 1.0 |
| NWC/Revenue: 12.22% < 20% (prev 9.21%; Δ 3.01% < -1%) |
| CFO/TA 0.12 > 3% & CFO 4.01b > Net Income 12.9b |
| Net Debt (5.71b) to EBITDA (4.26b): 1.34 < 3 |
| Current Ratio: 1.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (553.1m) vs 12m ago -0.66% < -2% |
| Gross Margin: 42.15% > 18% (prev 43.98%; Δ -1.83% > 0.5%) |
| Asset Turnover: 44.72% > 50% (prev 48.65%; Δ -3.93% > 0%) |
| Interest Coverage Ratio: 10.71 > 6 (EBIT TTM 3.01b / Interest Expense TTM 281.0m) |
| A: 0.07 (Total Current Assets 9.80b - Total Current Liabilities 7.40b) / Total Assets 33.6b |
| B: 0.61 (Retained Earnings 20.5b / Total Assets 33.6b) |
| C: 0.07 (EBIT TTM 3.01b / Avg Total Assets 43.9b) |
| D: 0.88 (Book Value of Equity 15.4b / Total Liabilities 17.5b) |
| Altman-Z'' = 3.84 = AA |
| DSRI: 0.94 (Receivables 2.23b/3.21b, Revenue 19.7b/26.4b) |
| GMI: 1.04 (GM 43.98% / 42.15%) |
| AQI: 0.84 (AQ_t 0.34 / AQ_t-1 0.40) |
| SGI: 0.74 (Revenue 19.7b / 26.4b) |
| TATA: 0.27 (NI 12.9b - CFO 4.01b) / TA 33.6b) |
| Beneish M = -3.29 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at CHF 74.06 with a total of 726,880 shares traded. Over the past week, the price has changed by -0.86%, over one month by +2.55%, over three months by +3.83% and over the past year by +17.62%.
Current recommended Stop Loss: 71.60 (which is 3.3% or 1.4 ATR below the current price).
Holcim has no consensus analysts rating.
P/E Trailing = 105.7429
P/E Forward = 19.2308
P/S = 2.6038
P/B = 2.6547
P/EG = 0.4234
Revenue TTM = 19.7b CHF
EBIT TTM = 3.01b CHF
EBITDA TTM = 4.26b CHF
Long Term Debt = 7.39b CHF (from longTermDebt, last quarter)
Short Term Debt = 1.34b CHF (from shortTermDebt, last quarter)
Debt = 11.2b CHF (from shortLongTermDebtTotal, last quarter) + Leases 1.65b
Net Debt = 5.71b CHF (calculated: Debt 11.2b - CCE 5.44b)
Enterprise Value = 46.7b CHF (40.9b + Debt 11.2b - CCE 5.44b)
Interest Coverage Ratio = 10.71 (Ebit TTM 3.01b / Interest Expense TTM 281.0m)
EV/FCF = 17.52x (Enterprise Value 46.7b / FCF TTM 2.66b)
FCF Yield = 5.71% (FCF TTM 2.66b / Enterprise Value 46.7b)
FCF Margin = 13.55% (FCF TTM 2.66b / Revenue TTM 19.7b)
Net Margin = 65.77% (Net Income TTM 12.9b / Revenue TTM 19.7b)
Gross Margin = 42.15% ((Revenue TTM 19.7b - Cost of Revenue TTM 11.4b) / Revenue TTM)
Gross Margin QoQ = 41.40% (prev 41.40%)
Tobins Q-Ratio = 1.39 (Enterprise Value 46.7b / Total Assets 33.6b)
Interest Expense / Debt = 2.52% (Interest Expense 281.0m / Debt 11.2b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 2.26b (EBIT 3.01b * (1 - 25.00%))
Current Ratio = 1.32 (Total Current Assets 9.80b / Total Current Liabilities 7.40b)
Debt / Equity = 0.73 (Debt 11.2b / totalStockholderEquity, last quarter 15.4b)
Debt / EBITDA = 1.34 (Net Debt 5.71b / EBITDA 4.26b)
Debt / FCF = 2.14 (Net Debt 5.71b / FCF TTM 2.66b)
Total Stockholder Equity = 15.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 29.41% (Net Income 12.9b / Total Assets 33.6b)
RoE = 86.11% (Net Income TTM 12.9b / Total Stockholder Equity 15.0b)
RoCE = 13.44% (EBIT 3.01b / Capital Employed (Equity 15.0b + L.T.Debt 7.39b))
RoIC = 8.50% (NOPAT 2.26b / Invested Capital 26.6b)
WACC = 7.72% (E(40.9b)/V(52.1b) * Re(9.31%) + D(11.2b)/V(52.1b) * Rd(2.52%) * (1-Tc(0.25)))
Discount Rate = 9.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.94 | Cagr: -0.90%
[DCF] Terminal Value 73.10% ; FCFF base≈3.20b ; Y1≈2.81b ; Y5≈2.27b
[DCF] Fair Price = 55.57 (EV 36.4b - Net Debt 5.71b = Equity 30.7b / 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: -89.88 | Revenue CAGR: -16.00% | SUE: -0.04 | # QB: 0
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=3.73 | Chg30d=+1.29% | Revisions=+10% | GrowthEPS=+16.0% | GrowthRev=+6.3%
EPS next Year (2027-12-31): EPS=4.30 | Chg30d=+1.22% | Revisions=+55% | GrowthEPS=+15.1% | GrowthRev=+9.1%
[Analyst] Revisions Ratio: +39% (up=11, down=4)