Heijmans N.V. (HEIJM) AI Stock Analysis

• Market Cap: €1.70B
• Dividend Yield: 2.62%
• Average Volume (3M): 97.56K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 1.17
• Revenue Growth: 11.67%
• EPS Growth: 36.03%
• Country: NL
• Employees: 5,650
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 2.15
• Shares Outstanding: 27,478,006
• 10 Day Avg. Volume: 78,796
• 30 Day Avg. Volume: 97,561
• PEG Ratio: 0.25
• Price to Book (P/B): 1.85
• Price to Sales (P/S): 0.33
• P/FCF Ratio: 3.92
• 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: -28.00% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: €68.00 ▲(8.80% Upside)

Heijmans N.V. scores well due to its strong financial performance and positive technical indicators. The company's robust cash flow and stable balance sheet are significant strengths. While the valuation is reasonable, it does not provide a significant discount or premium. The absence of earnings call and corporate events data limits additional insights.

Heijmans N.V. Business Overview & Revenue Model

Company Description

Heijmans N.V. is a prominent Dutch company operating in the construction and real estate sectors. Established in 1923, the company focuses on residential, non-residential, and infrastructure projects, providing integrated solutions across the entire lifecycle of buildings and infrastructure. Heijmans is involved in various activities, including project development, construction, and property management, offering services that cater to both public and private clients. The company is also committed to sustainability and innovation, aiming to create durable living environments and infrastructure.

How the Company Makes Money

Heijmans generates revenue through multiple key streams within its construction and real estate operations. The company earns money primarily from the construction of residential and commercial properties, as well as from infrastructure projects such as roads and bridges. Revenue is also derived from project development, where Heijmans invests in and develops real estate to sell or lease. Additionally, the company engages in property management services, providing ongoing maintenance and management for its developed properties. Significant partnerships with governmental bodies and private developers further enhance its revenue potential, allowing Heijmans to secure large contracts and contribute to public infrastructure projects. The company's focus on sustainability and innovation may also attract additional funding and partnerships, thus contributing to its overall earnings.

Heijmans N.V. Financial Statement Overview

Summary

Heijmans N.V. demonstrates strong financial health with significant revenue growth, profitability improvements, and robust cash flow generation, positioning the company well for future growth. The balance sheet is solid, with manageable leverage levels, though continuous attention to debt management is advisable.

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	2.68B	2.58B	2.12B	1.81B	1.75B	1.75B
Gross Profit	380.40M	338.40M	288.75M	239.85M	222.11M	175.61M
EBITDA	180.20M	179.30M	135.30M	112.44M	89.62M	91.15M
Net Income	112.00M	90.00M	59.73M	59.58M	50.30M	40.15M
Balance Sheet
Total Assets	1.47B	1.37B	1.34B	1.10B	1.01B	952.58M
Cash, Cash Equivalents and Short-Term Investments	78.00M	102.60M	37.10M	237.01M	209.57M	175.06M
Total Debt	118.00M	115.20M	177.20M	86.15M	118.88M	137.89M
Total Liabilities	995.00M	905.60M	952.00M	785.25M	744.17M	726.17M
Stockholders Equity	475.00M	463.00M	383.66M	317.02M	267.58M	226.41M
Cash Flow
Free Cash Flow	198.80M	218.80M	40.49M	86.31M	84.58M	113.03M
Operating Cash Flow	229.20M	249.20M	84.50M	110.77M	110.16M	129.40M
Investing Cash Flow	-95.40M	-59.10M	-313.93M	-17.68M	-33.75M	-34.57M
Financing Cash Flow	-116.10M	-125.10M	31.51M	-65.64M	-41.91M	-29.13M

Heijmans N.V. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 62.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 62.5 is above the 20-day moving average (MA) of 60.44, above the 50-day MA of 59.49, and above the 200-day MA of 49.24, indicating a bullish trend. The MACD of 0.85 indicates Negative momentum. The RSI at 60.33 is Neutral, neither overbought nor oversold. The STOCH value of 83.11 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	―	€1.70B	15.15	25.34%	2.62%	11.67%	36.03%
VPK	―	€4.38B	9.71	15.92%	4.00%	-3.32%	15.52%
FUR	―	€1.03B	7.30	9.91%	8.22%	-7.57%	-51.86%
BAMNB	―	€2.25B	16.60	11.89%	2.99%	3.64%	-22.13%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ARCAD	―	€4.56B	19.07	21.45%	2.41%	-2.02%	24.14%
AALB	―	€3.13B	20.69	6.13%	4.04%	-4.31%	-50.34%