Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heidelberg Materials AG's Enterprise Value is $44,692 Mil.
Heidelberg Materials AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $3,739 Mil. Therefore, Heidelberg Materials AG's EV-to-EBIT ratio for today is 11.95.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Heidelberg Materials AG (OTCPK:HDLMY) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $3,739 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Heidelberg Materials AG's EV-to-EBITDA for today is:
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $5,364 Mil.
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $24,946 Mil.
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $3,809 Mil.
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Heidelberg Materials AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $2,161 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heidelberg Materials AG Enterprise Value Related Terms
Heidelberg Materials AG Enterprise Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HDLMY vs CRH, VMC, MLM: Enterprise Value Comparison
For the Building Materials subindustry, Heidelberg Materials AG's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heidelberg Materials AG Enterprise Value vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heidelberg Materials AG's Enterprise Value falls into.
Heidelberg Materials AG Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Heidelberg Materials AG's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heidelberg Materials AG (HDLMY) has a Enterprise Value of $44,692 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heidelberg Materials AG and its competitors.
Is Heidelberg Materials AG's Enterprise Value too high?
Heidelberg Materials AG's current Enterprise Value is $44,692 Mil. Overall, Heidelberg Materials AG has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials AG's Enterprise Value compare to CRH and VMC?
Heidelberg Materials AG's Enterprise Value of $44,692 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Building Materials company?
A good Enterprise Value depends on the Building Materials industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Heidelberg Materials AG and its competitors. Heidelberg Materials AG's current Enterprise Value is $44,692 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidelberg Materials AG stock overvalued right now?
Based on GuruFocus' analysis, Heidelberg Materials AG (HDLMY) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.17, compared to a current price of $41.87 — trading 73.2% above its estimated fair value. The current Enterprise Value is $44,692 Mil. Heidelberg Materials AG's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Heidelberg Materials AG (HDLMY), the current Enterprise Value is $44,692 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heidelberg Materials AG (HDLMY) Overvalued in 2026?
Based on GuruFocus' analysis, Heidelberg Materials AG stock appears to be overvalued.
The current stock price of $41.87 is trading 73.2% above its estimated GF Value™ of $24.17.
GuruFocus considers Heidelberg Materials AG to be Significantly Overvalued.
Key valuation signals for HDLMY:
Enterprise Value: $44,692 Mil
GF Value™: $24.17 vs. price of $41.87 (73.2% above fair value)
No single metric tells the full story. See the HDLMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heidelberg Materials is one of the world's largest building materials companies, with operations in 60 countries. Its core activities include the production of cement and aggregates, which are used to construct houses, infrastructure, and commercial facilities. The sale of cement and aggregates accounts for the majority of group revenue and profits. Europe is the company's largest market contributing nearly half of group sales. Heidelberg Materials is listed in Germany and has 55,000 employees.
78GF Score
Get the complete analysis for HDLMY
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