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Holcim Ltd. (CH:HOLN)
:HOLN

Holcim (HOLN) AI Stock Analysis

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CH

Holcim

(LSE:HOLN)

Rating:74Outperform
Price Target:
CHF105.00
▲(12.08%Upside)
Holcim's strong financial performance, characterized by robust profitability and cash management, is the primary driver of its stock score. Technical indicators support a stable outlook, while the valuation reflects a fair price within the industry. The absence of recent earnings call data and corporate events does not significantly impact the overall assessment.
Positive Factors
Dividend Increase
The proposed dividend increase of 11% to CHF3.1/share is ahead of consensus, reflecting strong financial performance.
Financial Performance
Holcim delivered a good set of consensus-beating results, with recurring EBIT and FCF exceeding targets and supporting a substantial dividend increase.
Strategic Growth
Holcim targets a 50/50 split between materials and solutions businesses by 2030, signaling a clear focus on solutions growth through M&A.
Negative Factors
Market Expectations
The stock prices in the full recovery of volumes lost since the beginning of Russia's invasion of Ukraine, suggesting potential downside.

Holcim (HOLN) vs. iShares MSCI Switzerland ETF (EWL)

Holcim Business Overview & Revenue Model

Company DescriptionHolcim 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-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; and ready-mix concrete, precast concrete products, asphalts, and mortars. In addition, it engages in the provision of contracting and other services; and retail activities, as well as waste management services. Its products are used in infrastructure projects, such as roads, mines, ports, dams, data centers, stadiums, wind farms, and electric power plants; building projects comprising individual housing, collective housing, office buildings, industrial and commercial buildings, and public buildings; and affordable housing. The company was formerly known as LafargeHolcim Ltd and changed its name to Holcim Ltd in May 2021. Holcim Ltd was founded in 1833 and is headquartered in Zug, Switzerland.
How the Company Makes MoneyHolcim generates revenue through the sale of its core products: cement, aggregates, and ready-mix concrete. Cement is the primary revenue driver, sold to construction industries for various infrastructure projects. Aggregates, such as sand and gravel, are sold for use in construction and infrastructure development. Ready-mix concrete is provided to contractors for immediate use in construction projects. Holcim also engages in partnerships and strategic collaborations to enhance its market reach and product offerings. The company's focus on sustainability and innovation in building solutions also opens new revenue streams by meeting the growing demand for eco-friendly construction materials.

Holcim Financial Statement Overview

Summary
Holcim exhibits overall financial stability with strong profitability and effective cash management, despite minor revenue growth challenges. Its balance sheet strength and cash flow generation support its robust financial health, positioning it well within the construction materials industry.
Income Statement
78
Positive
Holcim's income statement reveals strong gross and net profit margins, indicative of robust cost management and profitability. Despite a decline in revenue growth from 2022 to 2023, the company maintained healthy EBIT and EBITDA margins, showcasing operational efficiency.
Balance Sheet
75
Positive
The balance sheet demonstrates a stable financial position with a manageable debt-to-equity ratio, reflecting prudent leverage. The equity ratio is healthy, indicating good asset backing. However, slight fluctuations in equity levels and liabilities should be monitored.
Cash Flow
82
Very Positive
Holcim's cash flow statement is strong, with consistent free cash flow generation and a solid operating cash flow to net income ratio, suggesting effective cash management. The company shows a positive trajectory in free cash flow growth, enhancing financial flexibility.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
26.75B26.41B27.01B29.19B26.83B23.14B
Gross Profit
11.64B11.68B11.50B11.61B11.54B9.69B
EBIT
4.44B4.64B4.58B3.22B4.40B3.37B
EBITDA
6.00B6.83B6.45B6.98B6.04B5.14B
Net Income Common Stockholders
3.01B2.93B3.06B3.31B2.30B1.70B
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.49B5.35B6.09B9.83B6.69B5.19B
Total Assets
53.42B54.28B52.69B57.60B59.88B53.22B
Total Debt
14.40B12.92B13.12B14.91B16.61B13.76B
Net Debt
10.91B7.58B7.04B5.09B9.93B8.56B
Total Liabilities
26.36B26.33B25.90B27.99B29.41B24.60B
Stockholders Equity
26.28B27.24B26.00B28.67B27.68B26.07B
Cash FlowFree Cash Flow
3.96B4.02B3.96B3.01B3.51B3.50B
Operating Cash Flow
5.54B5.67B5.47B4.56B5.04B4.62B
Investing Cash Flow
-1.71B-2.04B-3.47B2.08B-4.71B-1.23B
Financing Cash Flow
-3.68B-4.37B-5.22B-3.25B1.11B-1.89B

Holcim Technical Analysis

Technical Analysis Sentiment
Positive
Last Price93.68
Price Trends
50DMA
90.70
Positive
100DMA
91.96
Positive
200DMA
87.75
Positive
Market Momentum
MACD
0.35
Positive
RSI
51.27
Neutral
STOCH
19.80
Positive
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 93.68 is below the 20-day moving average (MA) of 93.74, above the 50-day MA of 90.70, and above the 200-day MA of 87.75, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 51.27 is Neutral, neither overbought nor oversold. The STOCH value of 19.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:HOLN.

Holcim Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
CHF51.62B17.8810.98%2.70%-2.23%-2.50%
51
Neutral
$1.99B-1.26-21.11%5.30%2.92%-30.46%
$3.28B12.1011.11%5.03%
$16.86B32.3125.54%2.56%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:HOLN
Holcim
93.68
17.39
22.79%
CLZNF
Clariant AG
10.19
-4.73
-31.70%
EMSHF
EMS-CHEMIE HOLDING AG
720.38
-112.70
-13.53%

Holcim Corporate Events

Holcim Expands into Canadian Precast Concrete Market with Langley Acquisition
Jun 4, 2025

Holcim has acquired Langley Concrete Group Inc., marking its entry into the precast concrete market in British Columbia. This acquisition enhances Holcim’s capabilities in the infrastructure sector, adding two production facilities and expanding its product portfolio to include essential components for municipal, commercial, and industrial projects. The move is expected to provide long-term opportunities for both Langley’s employees and customers, aligning with Holcim’s growth strategy and commitment to quality and service.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

Holcim Announces Spin-Off of North American Business Amrize
Jun 2, 2025

Holcim is spinning off its North American business, Amrize, with trading set to begin on June 23, 2025, on the NYSE and SIX under the ticker ‘AMRZ’. The spin-off, approved by shareholders, will be tax-neutral for Swiss and tax-free for US federal income tax purposes. Amrize, rated ‘Investment Grade’ by S&P and Moody’s, has secured $3.4 billion in external financing and will focus on growth in the North American construction market. Holcim will continue to focus on sustainable construction and growth in its other markets.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

Holcim Launches OLYMPUS Project for Near-Zero Cement in Greece
May 30, 2025

Holcim has initiated the OLYMPUS project in Greece, a EUR 400 million investment aimed at producing 2 million tons of near-zero cement annually by 2029. This project, supported by the EU Innovation Fund, is part of Holcim’s efforts to advance Europe’s Clean Industrial Deal and is expected to create over 1,000 jobs during construction and 100 during operation. The project employs innovative carbon capture technologies and is a significant step in Holcim’s strategy to offer 8 million tons of near-zero cement across Europe by 2030.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

Holcim’s Strategic Moves: Amrize Spin-off and Leadership Changes
May 14, 2025

Holcim’s shareholders have approved all proposals at the 2025 General Meeting, including the spin-off of its North American business, Amrize, which will be listed on the NYSE and SIX Swiss Exchange. The meeting also saw the election of Kim Fausing as Chairman, an 11% increase in dividends, and the approval of various reports and compensations, indicating a strategic shift and strengthening of Holcim’s market position.

The most recent analyst rating on (CH:HOLN) stock is a Buy with a CHF108.00 price target. To see the full list of analyst forecasts on Holcim stock, see the CH:HOLN Stock Forecast page.

Holcim and ELEMENTAL Unveil Carbon Sink Technology at 2025 Architecture Biennale
May 8, 2025

Holcim, in collaboration with architect Alejandro Aravena and his firm ELEMENTAL, has unveiled a new biochar technology that transforms buildings into carbon sinks, showcased at the 2025 Architecture Biennale in Venice. This innovation, applied in a full-scale Basic Services Unit housing prototype, uses recycled aggregates and aims to address the housing crisis while reducing environmental impact, enhancing Holcim’s portfolio of sustainable solutions and strengthening its position as a leader in sustainable construction.

Holcim Advances Amrize Spin-Off with Updated Financials
May 7, 2025

Holcim announced that its subsidiary, Amrize, has updated its ‘Form 10’ registration statement with the U.S. SEC, detailing its financial results for Q1 2025 as part of its planned spin-off. The spin-off, expected to be completed in June 2025, will position Amrize as the largest provider of construction solutions in North America, focusing on a comprehensive range of advanced construction solutions.

Holcim Reports Stable Sales and Strategic Progress in Q1 2025
Apr 25, 2025

Holcim reported stable sales of CHF 5,544 million in the first quarter of 2025, despite challenging weather conditions in North America. The company achieved a 1.7% increase in Recurring EBIT in local currency and continued its M&A momentum with five acquisitions. The spin-off of Amrize is on track, with a listing expected in June 2025. Holcim’s focus on sustainable building solutions has led to increased sales shares of ECOPact and ECOPlanet products. The company confirmed its annual forecast for 2025, highlighting its resilience and strategic positioning in the market.

Holcim Announces 2025 General Meeting Agenda and Strategic Spin-off
Apr 14, 2025

Holcim has announced its agenda for the 2025 General Meeting, including a proposed dividend increase of 11% to CHF 3.10 per share, following a record performance in 2024. The company plans a special dividend distribution to facilitate the spin-off of its North American business, Amrize, which will be listed on the NYSE and SIX Swiss Exchange. This strategic move aims to create value by allowing both Holcim and Amrize to focus on their respective markets. Additionally, changes in the Board of Directors are proposed, with Kim Fausing nominated as the new Chairman.

Amrize Secures $3.4 Billion in Oversubscribed Bond Offering
Apr 7, 2025

Amrize, a company preparing for a spin-off from Holcim, successfully completed a $3.4 billion bond offering, indicating strong investor confidence in its future. The bond was oversubscribed more than four times, with the funds set to support Amrize’s growth strategy and financial positioning as it aims to become a leading partner for builders across North America.

Holcim Expands in Latin America with Acquisition of Compañía Minera Luren
Apr 3, 2025

Holcim has acquired Compañía Minera Luren, a leading Peruvian producer of specialty building solutions, to expand its presence in Latin America. This acquisition is expected to enhance Holcim’s product portfolio and generate significant synergies in the region, particularly by integrating Compañía Minera Luren’s energy-efficient walling systems into its offerings.

Holcim Unveils ‘NextGen Growth 2030’ Strategy for Sustainable Construction Leadership
Mar 28, 2025

Holcim has announced its ‘NextGen Growth 2030’ strategy aimed at establishing itself as a leader in sustainable construction. The strategy involves targeted investments in key markets, expanding its value-added Building Solutions segment, and leveraging sustainability for profitable growth. Holcim plans to increase shareholder value through growth-oriented capital allocation and value-enhancing transactions, while focusing on sustainability initiatives like recycling and decarbonization.

Holcim Announces Spin-Off of Amrize to Focus on North American Market
Mar 25, 2025

Holcim announced the spin-off of its North American business, Amrize, which will focus exclusively on the North American market. Amrize aims to become the largest provider of building solutions in the region, with a strong growth strategy and financial goals, including a planned US listing by mid-2025. The company is well-positioned for long-term growth with a robust market presence and a growth-oriented capital allocation strategy to enhance shareholder value.

Holcim Announces Leadership for Amrize Spin-Off
Mar 25, 2025

Holcim has announced the designated management team for Amrize, its North American business, as part of its planned spin-off. The leadership team, comprising experienced leaders from within Holcim and new managers from leading US companies, is expected to drive growth and create value for stakeholders.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.