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CRH

BATS-CHIXE:CRHL
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CRHL
BATS-CHIXE
€19B
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

CRH plc, through its subsidiaries, manufactures and distributes building materials, products, and solutions for the construction industry worldwide. The last earnings update was 28 days ago. More info.


Add to Portfolio Compare Print
  • CRH has significant price volatility in the past 3 months.
CRHL Share Price and Events
7 Day Returns
3.1%
BATS-CHIXE:CRHL
-8.1%
GB Basic Materials
-5.4%
GB Market
1 Year Returns
-16%
BATS-CHIXE:CRHL
-36.2%
GB Basic Materials
-25.2%
GB Market
CRHL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CRH (CRHL) 3.1% -23.4% -30.1% -16% -23.9% 18.5%
GB Basic Materials -8.1% -34% -42% -36.2% -15.2% 22.3%
GB Market -5.4% -20.6% -29.1% -25.2% -25.9% -25.1%
1 Year Return vs Industry and Market
  • CRHL outperformed the Basic Materials industry which returned -36.2% over the past year.
  • CRHL outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -25.2% over the past year.
Price Volatility
CRHL
Industry
5yr Volatility vs Market

CRHL Value

 Is CRH undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CRH to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CRH.

BATS-CHIXE:CRHL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 19 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8%
Perpetual Growth Rate 10-Year GB Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BATS-CHIXE:CRHL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6.5%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.82
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.824 (1 + (1- 12.5%) (55.21%))
1.149
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.15
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.53% + (1.149 * 6.51%)
8.01%

Discounted Cash Flow Calculation for BATS-CHIXE:CRHL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CRH is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BATS-CHIXE:CRHL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 8.01%)
2020 2,185.92 Analyst x7 2,023.82
2021 2,222.34 Analyst x8 1,904.96
2022 2,205.50 Analyst x2 1,750.33
2023 2,202.60 Est @ -0.13% 1,618.41
2024 2,204.08 Est @ 0.07% 1,499.40
2025 2,208.62 Est @ 0.21% 1,391.06
2026 2,215.31 Est @ 0.3% 1,291.81
2027 2,223.53 Est @ 0.37% 1,200.46
2028 2,232.85 Est @ 0.42% 1,116.09
2029 2,242.94 Est @ 0.45% 1,038.00
Present value of next 10 years cash flows €14,834.00
BATS-CHIXE:CRHL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €2,242.94 × (1 + 0.53%) ÷ (8.01% – 0.53%)
€30,146.64
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €30,146.64 ÷ (1 + 8.01%)10
€13,951.39
BATS-CHIXE:CRHL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €14,834.00 + €13,951.39
€28,785.39
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €28,785.39 / 784.52
€36.69
BATS-CHIXE:CRHL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BATS-CHIXE:CRHL represents 0.87949x of ISE:CRG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87949x
Value per Share
(Listing Adjusted, GBP)
= Value per Share (EUR) x Listing Adjustment Factor
= € 36.69 x 0.87949
£32.27
Value per share (GBP) From above. £32.27
Current discount Discount to share price of £21.31
= -1 x (£21.31 - £32.27) / £32.27
34%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CRH is available for.
Intrinsic value
34%
Share price is £21.31 vs Future cash flow value of £32.27
Current Discount Checks
For CRH to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CRH's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CRH's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CRH's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CRH's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:CRHL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €2.02
ISE:CRG Share Price ** ISE (2020-04-02) in EUR €24.23
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry PE Ratio Median Figure of 9 Publicly-Listed Basic Materials Companies 9.64x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 748 Publicly-Listed Companies 12.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CRH.

BATS-CHIXE:CRHL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ISE:CRG Share Price ÷ EPS (both in EUR)

= 24.23 ÷ 2.02

11.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CRH is overvalued based on earnings compared to the GB Basic Materials industry average.
  • CRH is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does CRH's expected growth come at a high price?
Raw Data
BATS-CHIXE:CRHL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts
6.3%per year
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry PEG Ratio Median Figure of 6 Publicly-Listed Basic Materials Companies 2.25x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 518 Publicly-Listed Companies 0.97x

*Line of best fit is calculated by linear regression .

BATS-CHIXE:CRHL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 11.98x ÷ 6.3%

1.91x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CRH is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on CRH's assets?
Raw Data
BATS-CHIXE:CRHL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €21.46
ISE:CRG Share Price * ISE (2020-04-02) in EUR €24.23
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry PB Ratio Median Figure of 10 Publicly-Listed Basic Materials Companies 1.23x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,323 Publicly-Listed Companies 1.07x
BATS-CHIXE:CRHL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ISE:CRG Share Price ÷ Book Value per Share (both in EUR)

= 24.23 ÷ 21.46

1.13x

* Primary Listing of CRH.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CRH is good value based on assets compared to the GB Basic Materials industry average.
X
Value checks
We assess CRH's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. CRH has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CRHL Future Performance

 How is CRH expected to perform in the next 1 to 3 years based on estimates from 19 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CRH expected to grow at an attractive rate?
  • CRH's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • CRH's earnings growth is positive but not above the United Kingdom of Great Britain and Northern Ireland market average.
  • CRH's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:CRHL Future Growth Rates Data Sources
Data Point Source Value (per year)
BATS-CHIXE:CRHL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 19 Analysts 6.3%
BATS-CHIXE:CRHL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 19 Analysts 2.7%
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 3.3%
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 3.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.3%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:CRHL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:CRHL Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 29,147 2
2023-12-31 28,258 4,529 2,069 3
2022-12-31 27,009 4,262 1,935 8
2021-12-31 26,678 3,466 1,889 16
2020-12-31 25,918 3,308 1,724 19
2020-04-03
BATS-CHIXE:CRHL Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 25,129 3,466 1,620
2019-06-30 28,063 2,480 1,609
2019-03-31 27,427 2,190 1,521
2018-12-31 23,241 1,899 1,342
2018-09-30 20,711 1,913 1,448
2018-06-30 25,314 1,927 1,829
2018-03-31 25,267 2,058 1,809
2017-12-31 21,653 2,189 1,650
2017-06-30 23,946 2,222 1,220
2017-03-31 24,368 2,281 1,191

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CRH's earnings are expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).
  • CRH's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:CRHL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below

All data from CRH Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:CRHL Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 2.70 2.70 2.70 1.00
2022-12-31 2.35 2.91 1.76 6.00
2021-12-31 2.28 2.95 1.63 9.00
2020-12-31 1.98 2.46 1.50 9.00
2020-04-03
BATS-CHIXE:CRHL Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 2.02
2019-06-30 1.97
2019-03-31 1.84
2018-12-31 1.61
2018-09-30 1.73
2018-06-30 2.18
2018-03-31 2.16
2017-12-31 1.97
2017-06-30 1.47
2017-03-31 1.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • CRH is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess CRH's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CRH has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CRHL Past Performance

  How has CRH performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CRH's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CRH has delivered over 20% year on year earnings growth in the past 5 years.
  • CRH's 1-year earnings growth is less than its 5-year average (20.7% vs 21.8%)
  • CRH's earnings growth has not exceeded the GB Basic Materials industry average in the past year (20.7% vs 27.3%).
Earnings and Revenue History
CRH's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CRH Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:CRHL Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 25,129.00 1,620.00 5,802.00
2019-06-30 28,063.00 1,609.00 6,768.00
2019-03-31 27,426.50 1,520.50 6,619.50
2018-12-31 23,241.00 1,342.00 5,608.00
2018-09-30 20,710.50 1,447.50 5,126.00
2018-06-30 25,314.00 1,829.00 6,188.00
2018-03-31 25,267.00 1,808.50 6,210.50
2017-12-31 21,653.00 1,650.00 5,461.00
2017-06-30 23,946.00 1,220.00 6,087.00
2017-03-31 24,367.50 1,191.00 6,207.00
2016-12-31 24,789.00 1,162.00 6,327.00
2016-09-30 27,031.00 1,100.00 6,858.00
2016-06-30 26,958.00 957.00 6,894.00
2016-03-31 25,296.50 840.50 6,437.50
2015-12-31 21,406.00 639.00 5,514.00
2015-09-30 21,796.50 653.50 5,449.00
2015-06-30 19,958.00 583.00 4,917.00
2015-03-31 19,435.00 582.50 4,749.50
2014-12-31 18,912.00 582.00 4,582.00
2014-09-30 18,630.00 194.00 4,733.00
2014-06-30 18,348.00 -194.00 4,884.00
2014-03-31 18,189.50 -245.00 4,842.00
2013-12-31 18,031.00 -296.00 4,800.00
2013-09-30 17,925.50 44.00 4,639.00
2013-06-30 17,820.00 384.00 4,192.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • CRH has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CRH used its assets less efficiently than the GB Basic Materials industry average last year based on Return on Assets.
  • CRH has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess CRH's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CRH has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CRHL Health

 How is CRH's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CRH's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CRH is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CRH's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of CRH's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CRH Company Filings, last reported 3 months ago.

BATS-CHIXE:CRHL Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 17,480.00 9,031.00 3,756.00
2019-06-30 16,178.00 9,839.00 1,399.00
2019-03-31 16,178.00 9,839.00 1,399.00
2018-12-31 16,554.00 9,354.00 2,348.00
2018-09-30 16,554.00 9,354.00 2,348.00
2018-06-30 15,971.00 9,964.00 1,848.00
2018-03-31 15,971.00 9,964.00 1,848.00
2017-12-31 14,977.00 7,978.00 2,130.00
2017-06-30 13,916.00 8,404.00 1,930.00
2017-03-31 13,916.00 8,404.00 1,930.00
2016-12-31 14,443.00 7,808.00 2,451.00
2016-09-30 14,443.00 7,808.00 2,451.00
2016-06-30 13,111.00 8,610.00 1,394.00
2016-03-31 13,111.00 8,610.00 1,394.00
2015-12-31 13,544.00 9,230.00 2,527.00
2015-09-30 13,544.00 9,230.00 2,527.00
2015-06-30 12,544.00 6,543.00 5,239.00
2015-03-31 12,544.00 6,543.00 5,239.00
2014-12-31 10,198.00 5,876.00 3,264.00
2014-09-30 10,198.00 5,876.00 3,264.00
2014-06-30 9,299.00 4,934.00 1,146.00
2014-03-31 9,299.00 4,934.00 1,146.00
2013-12-31 9,686.00 5,578.00 2,549.00
2013-09-30 9,686.00 5,578.00 2,549.00
2013-06-30 10,193.00 5,530.00 1,224.00
  • CRH's level of debt (51.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (57.5% vs 51.7% today).
  • Debt is well covered by operating cash flow (38.4%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10x coverage).
X
Financial health checks
We assess CRH's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CRH has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CRHL Dividends

 What is CRH's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.43%
Current annual income from CRH dividends. Estimated to be 3.6% next year.
If you bought £2,000 of CRH shares you are expected to receive £69 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • CRH's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.68%).
  • CRH's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (7.57%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:CRHL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 19 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 5.6%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 608 Stocks 5.7%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.4%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.7%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 7.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:CRHL Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31 1.08 1.00
2022-12-31 0.91 6.00
2021-12-31 0.87 13.00
2020-12-31 0.84 12.00
2020-04-03
BATS-CHIXE:CRHL Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-03-06 0.830 3.690
2020-02-28 0.830 2.658
2019-03-08 0.720 2.328
2019-02-28 0.720 2.584
2018-03-09 0.680 2.489
2018-03-01 0.680 2.470
2017-08-24 0.654 2.188
2017-03-10 0.650 2.044
2017-03-02 0.650 1.957
2016-03-16 0.625 2.182
2016-03-03 0.625 2.531
2015-03-12 0.625 2.480
2015-02-26 0.625 2.525
2014-08-21 0.625 3.285
2014-03-13 0.625 3.196
2014-02-25 0.625 2.986
2013-09-13 0.625 3.373
2013-02-28 0.625 3.833
2012-03-28 0.625 4.245
2012-02-28 0.625 3.907
2011-08-16 0.625 4.695
2011-03-31 0.625 4.263
2011-03-01 0.625 3.971
2010-04-01 0.625 4.077
2010-03-03 0.625 3.428
2009-08-25 0.622 3.452
2009-05-08 0.690 4.013

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of CRH's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess CRH's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CRH afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CRH has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CRHL Management

 What is the CEO of CRH's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Albert Manifold
COMPENSATION €9,311,000
AGE 56
TENURE AS CEO 6.3 years
CEO Bio

Mr. Albert Jude Manifold, FCPA, MBA, MBS, serves as a Director at LyondellBasell Industries N.V. since May 31, 2019. Mr. Manifold has been Chief Executive Officer at CRH Plc since January 01, 2014 and its Executive Director since January 01, 2009. He served as Managing Director of CRH Europe Holding B.V. since 2007. He served as the Chief Operating Officer of CRH Plc from January 01, 2009 to December 31, 2013 and Group Development Director since 2005. He joined CRH in 1998. While at CRH, he has held a variety of senior positions, including Finance Director of the Europe Materials Division and Managing Director of Europe Materials. Prior to joining CRH, he was Chief Operating Officer with a private equity group. He served as a Director of Secil - Companhia Geral de Cal e Cimento, S.A. He holds FCPA, MBA and MBS.

CEO Compensation
  • Albert's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Albert's remuneration is higher than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the CRH management team in years:

5.4
Average Tenure
56
Average Age
  • The average tenure for the CRH management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Albert Manifold

TITLE
CEO & Executive Director
COMPENSATION
€9M
AGE
56
TENURE
6.3 yrs

Finbarr Murphy

TITLE
Group Finance Director & Executive Director
COMPENSATION
€3M
AGE
50
TENURE
4.3 yrs

Tom Holmes

TITLE
Head of Investor Relations

Edwin Bouwman

TITLE
Chief Human Resources Officer
TENURE
0.7 yrs

Henry Morris

TITLE
MD of Materials - Europe and Regional Director for Switzerland Finland & The Baltic Region
AGE
65
TENURE
19.3 yrs

Mark Schack

TITLE
Executive Vice President of Talent Management

Keith Haas

TITLE
President of Building Products
AGE
53

Rick Mergens

TITLE
Executive Vice President of Group Performance
TENURE
5.4 yrs

Scott Parson

TITLE
President of Mountain West Division & Senior VP of Americas Materials West

Michael Lynch

TITLE
Executive Vice President of Development for America
AGE
71
Board of Directors Tenure

Average tenure and age of the CRH board of directors in years:

4.7
Average Tenure
60
Average Age
  • The tenure for the CRH board of directors is about average.
Board of Directors

Richie Boucher

TITLE
Independent Non-Executive Chairman
COMPENSATION
€165K
AGE
61
TENURE
0.3 yrs

Albert Manifold

TITLE
CEO & Executive Director
COMPENSATION
€9M
AGE
56
TENURE
11.3 yrs

Finbarr Murphy

TITLE
Group Finance Director & Executive Director
COMPENSATION
€3M
AGE
50
TENURE
4.3 yrs

Mark Towe

TITLE
Chairman of CRH Americas & CEO of Oldcastle
AGE
69
TENURE
4.3 yrs

Heather McSharry

TITLE
Independent Non-Executive Director
COMPENSATION
€151K
AGE
57
TENURE
8.2 yrs

Shaun Kelly

TITLE
Independent Non-Executive Director
COMPENSATION
€15K
AGE
59
TENURE
0.3 yrs

Gillian Platt

TITLE
Senior Independent Director
COMPENSATION
€175K
AGE
65
TENURE
1.6 yrs

Henderikus Th. E. M. R. Rottinghuis

TITLE
Independent Non-Executive Director
COMPENSATION
€135K
AGE
63
TENURE
6.2 yrs

Pat Kennedy

TITLE
Independent Non-Executive Director
COMPENSATION
€135K
AGE
65
TENURE
5.3 yrs

Lucinda Riches

TITLE
Independent Non-Executive Director
COMPENSATION
€135K
AGE
57
TENURE
5.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by CRH individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
04. Mar 20 Buy Richard Boucher Individual 28. Feb 20 28. Feb 20 5,500 £26.75 £147,098
24. Dec 19 Sell Nicholas Hartery Individual 23. Dec 19 23. Dec 19 -16,063 £30.94 £-496,946
X
Management checks
We assess CRH's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CRH has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CRHL News

Simply Wall St News

CRHL Company Info

Description

CRH plc, through its subsidiaries, manufactures and distributes building materials, products, and solutions for the construction industry worldwide. It operates through three segments: Europe Materials, Americas Materials, and Building Products. The company manufactures and supplies cement, lime and limestone, aggregates, ready mixed and precast concrete, and asphalt products; and construction accessories, architectural products, and building envelopes. It also offers concrete floor elements, pavers, precast concrete and structural elements, clinkers, mortars, coated macadam products, roof tiles, concrete paving products, structural concrete products, concrete blocks and pipes, and contract surfacing products; and custom fabricated and tempered glass products, curtain walls, utility boxes, trench systems, pre-stressed planks, and structural elements, as well as specialty masonry, bagged stone, mulch and stone, hardscape and patio, and landscaping walling products. In addition, the company offers logistics and railway infrastructure, building and civil engineering contracting, and asphalt paving services; markets and distributes cement; and supplies access chambers and ducting products. It serves national, regional, and local governments; and contractors, homebuilders, homeowners, and sub-contractors for use in a range of construction projects, including public infrastructure, commercial buildings, and residential structures. CRH plc was founded in 1936 and is headquartered in Dublin, Ireland.

Details
Name: CRH plc
CRHL
Exchange: BATS-CHIXE
Founded: 1936
€16,825,381,123
784,520,015
Website: http://www.crh.com
Address: CRH plc
Stonemason’s Way,
Rathfarnham,
Dublin,
Co. Dublin, 16,
Ireland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ISE CRG Ordinary Shares Irish Stock Exchange IE EUR 02. Jan 1992
OTCPK CRHC.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB CRG Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE CRH Ordinary Shares London Stock Exchange GB GBP 02. Jan 1992
BATS-CHIXE CRGI Ordinary Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
BATS-CHIXE CRHL Ordinary Shares BATS 'Chi-X Europe' GB GBP 02. Jan 1992
NYSE CRH SPON ADR EA REPR 1 ORD SHS EUR0.32 New York Stock Exchange US USD 10. Jul 1989
DB XCRA SPON ADR EA REPR 1 ORD SHS EUR0.32 Deutsche Boerse AG DE EUR 10. Jul 1989
LSE 0A2D SPON ADR EA REPR 1 ORD SHS EUR0.32 London Stock Exchange GB USD 10. Jul 1989
BMV CRH N SPON ADR EA REPR 1 ORD SHS EUR0.32 Bolsa Mexicana de Valores MX MXN 10. Jul 1989
Number of employees
Current staff
Staff numbers
80,300
CRH employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 19:42
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/04/01
Last earnings filing: 2020/03/06
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.