Heijmans N.V. (HEIJM) AI Stock Analysis

• Market Cap: €1.49B
• Dividend Yield: 2.6%
• Average Volume (3M): 80.33K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 1.11
• Revenue Growth: 22.05%
• EPS Growth: 35.35%
• Country: NL
• Employees: 5,650
• Sector: Industrials
• Sector Strength: 89
• Industry: Engineering & Construction
• EPS (TTM): 1.93
• Shares Outstanding: 27,478,006
• 10 Day Avg. Volume: 58,907
• 30 Day Avg. Volume: 80,332
• PEG Ratio: 0.27
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.72
• 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: €53.50
• Price Target Upside: 0.75% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 72 Outperform
• Price Target: €62.00 ▲(16.76%Upside)

Heijmans N.V. scores well due to its strong financial performance and robust technical momentum. However, the stock's valuation appears fair, with potential overbought conditions in the short term. The lack of recent earnings call data and corporate events limits additional insights.

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. exhibits strong financial health with notable revenue and profit margin growth. The company's balance sheet is stable, with manageable leverage and impressive cash flow generation, indicating robust financial performance.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.58B	2.12B	1.81B	1.75B	1.75B
Gross Profit	338.40M	288.75M	239.85M	222.11M	175.61M
EBITDA	179.30M	135.30M	112.44M	89.62M	91.15M
Net Income	90.00M	59.73M	59.58M	50.30M	40.15M
Balance Sheet
Total Assets	1.37B	1.34B	1.10B	1.01B	952.58M
Cash, Cash Equivalents and Short-Term Investments	102.60M	37.10M	237.01M	209.57M	175.06M
Total Debt	115.20M	177.20M	86.15M	118.88M	137.89M
Total Liabilities	905.60M	952.00M	785.25M	744.17M	726.17M
Stockholders Equity	463.00M	383.66M	317.02M	267.58M	226.41M
Cash Flow
Free Cash Flow	218.80M	40.49M	86.31M	84.58M	113.03M
Operating Cash Flow	249.20M	84.50M	110.77M	110.16M	129.40M
Investing Cash Flow	-59.10M	-313.93M	-17.68M	-33.75M	-34.57M
Financing Cash Flow	-125.10M	31.51M	-65.64M	-41.91M	-29.13M

Heijmans N.V. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 53.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 53.1 is below the 20-day moving average (MA) of 53.72, above the 50-day MA of 52.23, and above the 200-day MA of 36.08, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 50.88 is Neutral, neither overbought nor oversold. The STOCH value of 44.10 is Neutral, 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
FUR	80 Outperform	€1.38B	5.08	18.89%	5.24%	4.03%	8.35%
HEIJM	72 Outperform	€1.49B	16.38	21.26%	2.60%	22.05%	35.35%
AALB	67 Neutral	€3.41B	19.04	7.15%	3.66%	-5.28%	-43.29%
Sector *	67 Neutral	£2.80B	10.49	4.69%	217.64%	2.40%	-24.53%
BAMNB	62 Neutral	€2.11B	24.26	6.85%	3.31%	2.94%	-51.65%
ARCAD	61 Neutral	€3.74B	15.35	21.16%	2.41%	-0.17%	51.55%
SIFG	56 Neutral	€257.64M	216.46	0.50%	―	-5.57%	-89.46%