Heijmans N.V. (HEIJM) AI Stock Analysis

• Market Cap: €1.44B
• Dividend Yield: 3.12%
• Average Volume (3M): 104.41K
• Price to Earnings (P/E): 15.8
• Beta (1Y): 1.07
• Revenue Growth: 22.05%
• EPS Growth: 35.35%
• Country: NL
• Employees: 5,650
• Sector: Industrials
• Sector Strength: 92
• Industry: Engineering & Construction
• EPS (TTM): 1.93
• Shares Outstanding: 27,478,006
• 10 Day Avg. Volume: 76,335
• 30 Day Avg. Volume: 104,405
• PEG Ratio: 1.59
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.25
• 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: €45.00
• Price Target Upside: -15.81% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 79 Outperform
• Price Target: ―

Heijmans N.V.'s strong financial performance, characterized by revenue growth, profitability improvements, and excellent cash flow, is the primary driver of the stock's high score. Technical analysis supports a positive outlook with bullish momentum. Valuation metrics indicate the stock is fairly priced, with a reasonable P/E ratio and a solid dividend yield. The absence of new earnings call data or corporate events ensures that the focus remains on these core components.

Heijmans N.V. Business Overview & Revenue Model

Company Description

Heijmans N.V. engages in the property development, construction and technical services, and infrastructure businesses in the Netherlands and internationally. The company focuses on the development of large and smaller-scale projects in urban and out-of-town areas, as well as acts as an initiator, developer, and seller of residential properties. It also engages in building homes; and the restoration, redevelopment, renovation, maintenance, and service of existing housing stock. In addition, the company designs, realizes, and maintains electro-technical and mechanical installations; and realizes large-scale and complex construction contracts in the customer and market segments of health care, government and semi-government organizations, commercial property, the high-tech clean industry, and datacenters, as well as provides management and maintenance services. Further, it focuses on the construction, enhancement, and maintenance of road infrastructure and public spaces, including related installations and on-site objects. The company was founded in 1923 and is headquartered in Rosmalen, the Netherlands.

How the Company Makes Money

Heijmans N.V. generates revenue through its diversified operations across property development, construction, and infrastructure sectors. In the Property Development segment, the company earns by developing and selling residential and commercial real estate projects. The Building & Technology sector contributes to revenue through the construction and maintenance of buildings, including technical installations and building management services. The Infrastructure segment focuses on the construction and maintenance of roads, bridges, and other civil engineering projects, generating income from public and private contracts. Significant partnerships with government bodies, local authorities, and private sector clients play a crucial role in securing large-scale projects, contributing to the company's earnings. Additionally, Heijmans places a strong emphasis on sustainable practices and innovation, which enhances its competitive edge in securing contracts and driving profitability.

Heijmans N.V. Financial Statement Overview

Summary

Heijmans N.V. demonstrates strong financial health, with notable revenue growth and profitability improvements. The company's balance sheet is stable with manageable leverage, and cash flow generation is robust, supporting future investments and debt management.

Income Statement

Heijmans N.V. has demonstrated consistent revenue growth, with a notable increase of 22% from 2023 to 2024. The gross profit margin stands at 13.1%, and the net profit margin improved to 3.5% in 2024, indicating efficient cost management. EBIT and EBITDA margins also reflect strong operational efficiency. However, there is a need to maintain this momentum to continue outperforming industry averages.

Balance Sheet

The company exhibits a solid equity ratio of 33.8% in 2024, reflecting a stable capital structure. The debt-to-equity ratio improved to 0.25, indicating manageable leverage levels. Return on equity (ROE) increased to 19.4%, highlighting effective use of shareholders' equity. While the balance sheet is strong, continuous attention to debt management will be crucial.

Cash Flow

Heijmans N.V. shows robust cash flow performance with a substantial free cash flow growth of 441% from 2023 to 2024. The operating cash flow to net income ratio is impressively high at 2.77, indicating strong cash generation relative to net income. The free cash flow to net income ratio also underscores the company's ability to generate cash, supporting future investments and debt management.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.40B	2.58B	2.12B	1.81B	1.75B	1.75B
	Gross Profit
334.75M	338.40M	288.75M	239.85M	222.11M	175.61M
	EBIT
113.99M	111.00M	81.00M	71.10M	57.07M	59.57M
	EBITDA
142.94M	179.30M	135.30M	112.44M	89.62M	91.15M
	Net Income Common Stockholders
78.73M	90.00M	59.73M	59.58M	50.30M	40.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
74.44M	102.60M	37.10M	237.01M	209.57M	175.06M
	Total Assets
770.80M	1.37B	1.34B	1.10B	1.01B	952.58M
	Total Debt
6.30M	115.20M	177.20M	86.15M	118.88M	137.89M
	Net Debt
-68.14M	12.60M	140.10M	-150.86M	-90.69M	-37.17M
	Total Liabilities
608.63M	905.60M	952.00M	785.25M	744.17M	726.17M
	Stockholders Equity
162.18M	463.00M	383.66M	317.02M	267.58M	226.41M
Cash Flow		Free Cash Flow
160.00M	218.80M	40.49M	86.31M	84.58M	113.03M
	Operating Cash Flow
161.34M	249.20M	84.50M	110.77M	110.16M	129.40M
	Investing Cash Flow
-305.48M	-59.10M	-313.93M	-17.68M	-33.75M	-34.57M
	Financing Cash Flow
-14.49M	-125.10M	31.51M	-65.64M	-41.91M	-29.13M

Heijmans N.V. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 53.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:HEIJM, the sentiment is Positive. The current price of 53.45 is above the 20-day moving average (MA) of 49.61, above the 50-day MA of 42.65, and above the 200-day MA of 31.64, indicating a bullish trend. The MACD of 3.11 indicates Positive momentum. The RSI at 80.32 is Negative, neither overbought nor oversold. The STOCH value of 89.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:HEIJM.

Heijmans N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HEIJM	79 Outperform	€1.44B	15.81	21.26%	3.12%	22.05%	35.35%
Sector *	65 Neutral	$4.41B	12.06	5.22%	249.80%	4.09%	-12.16%
0NX1		€3.29B	18.02	7.15%	3.87%	―	―
0N6B		€4.06B	16.50	21.16%	1.91%	―	―
0LNQ		€2.03B	23.35	6.85%	2.79%	―	―
0LNT		€1.25B	4.60	18.89%	6.67%	―	―
0RHT		€283.94M	244.39	0.50%	―	―	―