Holcim (HOLN) AI Stock Analysis

• Market Cap: CHF38.81B
• Dividend Yield: 2.03%
• Average Volume (3M): 1.19M
• Price to Earnings (P/E): 111.1
• Beta (1Y): 0.79
• Revenue Growth: -19.77%
• EPS Growth: 421.53%
• Country: CH
• Employees: 62,391
• Sector: General
• Sector Strength: N/A
• Industry: Construction Materials
• EPS (TTM): 1.64
• Shares Outstanding: 566,875,500
• 10 Day Avg. Volume: 984,453
• 30 Day Avg. Volume: 1,185,202
• PEG Ratio: -1.28
• Price to Book (P/B): 2.80
• Price to Sales (P/S): 2.73
• P/FCF Ratio: 24.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF79.23
• Price Target Upside: 9.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 12
• EPS Forecast (FY): 3.56
• Revenue Forecast (FY): CHF16.24B

• Rating: 65 Neutral
• Price Target: CHF66.00 ▼(-8.38% Downside)
• Action: Downgraded Date: 03/02/26
• Date: Action: Downgraded 03/02/26

The score is anchored by decent underlying financial strength over 2020–2024 but heavily tempered by the pronounced 2025 deterioration in revenue, profitability, and cash flow. Valuation is a major positive (very low P/E with a modest dividend), while technicals remain a clear headwind with bearish trend indicators and weak momentum.

Positive Factors

Vertical integration and diversified product portfolio

Holcim's ownership across quarries, cement plants, terminals and ready-mix networks creates a durable competitive advantage: it captures value across the supply chain, reduces logistics risk, and enables bundled sales to projects, supporting margin stability and resilience over months.

Negative Factors

Sharp 2025 revenue and cashflow deterioration

A 26.7% revenue hit and >50% drop in free cash flow in 2025 indicate that demand or operational shocks heavily impacted core volumes and liquidity. Such a reset can strain working capital, defer projects, and slow recovery of structural profitability for several quarters.

Holcim Business Overview & Revenue Model

Company Description

Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. It operates through four segments: Cement, Aggregates, Ready...

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Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. It operates through four segments: Cement, Aggregates, Ready...

How the Company Makes Money

Holcim makes money primarily by manufacturing and selling building materials and construction solutions to a broad base of customers (e.g., contractors, ready-mix producers, developers, industrial customers, and public-sector infrastructure projec...

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Holcim makes money primarily by manufacturing and selling building materials and construction solutions to a broad base of customers (e.g., contractors, ready-mix producers, developers, industrial customers, and public-sector infrastructure projec...

Holcim Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.72B	26.41B	27.01B	29.19B	26.83B
Gross Profit	6.66B	11.68B	11.50B	11.61B	11.54B
EBITDA	3.68B	5.97B	6.45B	6.98B	6.04B
Net Income	387.00M	2.93B	3.06B	3.31B	2.30B
Balance Sheet
Total Assets	33.60B	54.28B	52.69B	57.60B	59.88B
Cash, Cash Equivalents and Short-Term Investments	5.44B	5.35B	6.09B	9.83B	6.69B
Total Debt	9.51B	12.92B	13.12B	14.91B	16.61B
Total Liabilities	17.52B	26.33B	25.90B	27.99B	29.41B
Stockholders Equity	15.38B	27.24B	26.00B	28.67B	27.68B
Cash Flow
Free Cash Flow	1.73B	4.02B	3.96B	3.01B	3.51B
Operating Cash Flow	2.79B	5.67B	5.47B	4.56B	5.04B
Investing Cash Flow	-1.96B	-2.04B	-3.47B	2.08B	-4.71B
Financing Cash Flow	-63.00M	-4.37B	-5.22B	-3.25B	1.11B

Holcim Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 72.04
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:HOLN, the sentiment is Positive. The current price of 72.04 is above the 20-day moving average (MA) of 66.11, above the 50-day MA of 69.67, and above the 200-day MA of 69.66, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 61.77 is Neutral, neither overbought nor oversold. The STOCH value of 84.74 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:HOLN.

Holcim Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMSN	80 Outperform	CHF15.35B	27.52	22.08%	3.16%	-4.25%	-0.03%
SIKA	69 Neutral	CHF22.02B	24.98	―	2.23%	-1.05%	-1.46%
HOLN	65 Neutral	CHF38.81B	111.09	12.79%	2.03%	-19.77%	421.53%
CLN	56 Neutral	CHF2.73B	-31.13	5.38%	5.97%	-2.40%	38.08%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

Holcim Corporate Events