AlphaValue Corporate Services Fundamental Analysis EN
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Cementir Holding

CR
Bloomberg   CEM IM
Ciments & Agrégats  /  Italie  Web Site   |   Investors Relation
Egalement présent dans : Sociétés holdings
White knight with green armour
Pros
  • Cementir is about white cement, a niche that offers growth and better margins as a higher value-added product. It controls 20% of the addressable market
  • It has an excellent record at pivoting assets and making those sweat with Denmark, the US and Belgium as the current hubs
  • The family-controlled business appears to be run as a tight ship with a long-term view
Cons
  • Absolute market size is capped in white cement so that Cementir relies on Belgian and Danish assets to grow local grey cement franchises
  • As a family business, it leaves no room for third-party openings and suffers from a limited float
  • Cementir will see a trough in its net profit in 2019
Objectif
Potentiel 43,1 %
Cours (€) 6,08
Capi (M€) 967
Perf. 1S: 0,66 %
Perf. 1M: -3,03 %
Perf. 3M: -5,88 %
Perf Ytd: -7,24 %
Perf. relative/stoxx600 10j: 0,81 %
Perf. relative/stoxx600 20j: -2,63 %