As of 2025-07-15, the Intrinsic Value of HeidelbergCement AG (HEI.DE) is 168.29 EUR. This HEI.DE valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 201.90 EUR, the upside of HeidelbergCement AG is -16.60%.
The range of the Intrinsic Value is 121.79 - 266.25 EUR
Based on its market price of 201.90 EUR and our intrinsic valuation, HeidelbergCement AG (HEI.DE) is overvalued by 16.60%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 121.79 - 266.25 | 168.29 | -16.6% |
| DCF (Growth 10y) | 131.47 - 263.93 | 174.49 | -13.6% |
| DCF (EBITDA 5y) | 79.40 - 90.67 | 85.87 | -57.5% |
| DCF (EBITDA 10y) | 99.40 - 118.04 | 109.09 | -46.0% |
| Fair Value | 211.23 - 211.23 | 211.23 | 4.62% |
| P/E | 114.48 - 386.13 | 228.63 | 13.2% |
| EV/EBITDA | 109.51 - 201.13 | 172.21 | -14.7% |
| EPV | 519.60 - 673.72 | 596.66 | 195.5% |
| DDM - Stable | 355.16 - 909.80 | 632.48 | 213.3% |
| DDM - Multi | 104.86 - 209.53 | 139.85 | -30.7% |
| Market Cap (mil) | 36,025.02 |
| Beta | 1.15 |
| Outstanding shares (mil) | 178.43 |
| Enterprise Value (mil) | 41,362.62 |
| Market risk premium | 5.10% |
| Cost of Equity | 8.25% |
| Cost of Debt | 4.25% |
| WACC | 7.31% |