Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) EV-to-FCF: 21.30 (As of Sep. 02, 2026) — 24% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:HEIDELBCEM Heidelberg Materials Bangladesh PLC DHA:HEIDELBCEM
71 GF Score
Price BDT210.70
GF Value BDT201.84
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Heidelberg Materials Bangladesh EV-to-FCF?

Heidelberg Materials Bangladesh DHA:HEIDELBCEM -0.80% 71 EV-to-FCF is 21.30 as of Sep. 02, 2026, which is 24% above its 10-year median of 17.15. GuruFocus rates DHA:HEIDELBCEM with a GF Score™ of 71/100 and a GF Value™ of BDT201.84 (Fairly Valued). The stock has 1 warning sign investors should review. Among 279 Building Materials companies, Heidelberg Materials Bangladesh ranks worse than 57.71% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Heidelberg Materials Bangladesh's Enterprise Value is BDT11,088 Mil. Heidelberg Materials Bangladesh's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was BDT521 Mil. Therefore, Heidelberg Materials Bangladesh's EV-to-FCF for today is 21.30.

The historical rank and industry rank for Heidelberg Materials Bangladesh's EV-to-FCF or its related term are showing as below:

DHA:HEIDELBCEM' s EV-to-FCF Range Over the Past 10 Years
Min: -5829.88   Med: 17.15   Max: 14737.13
Current: 21.57

During the past 13 years, the highest EV-to-FCF of Heidelberg Materials Bangladesh was 14737.13. The lowest was -5829.88. And the median was 17.15.

DHA:HEIDELBCEM's EV-to-FCF is ranked worse than
57.71% of 279 companies
in the Building Materials industry
Industry Median: 18.18 vs DHA:HEIDELBCEM: 21.57

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-02), Heidelberg Materials Bangladesh's stock price is BDT210.70. Heidelberg Materials Bangladesh's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was BDT-2.370. Therefore, Heidelberg Materials Bangladesh's PE Ratio (TTM) for today is At Loss.


Heidelberg Materials Bangladesh  (DHA:HEIDELBCEM) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Heidelberg Materials Bangladesh's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=210.70/-2.370
=At Loss

Heidelberg Materials Bangladesh's share price for today is BDT210.70.
Heidelberg Materials Bangladesh's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-2.370.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Heidelberg Materials Bangladesh EV-to-FCF Related Terms


Heidelberg Materials Bangladesh EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Heidelberg Materials Bangladesh's EV-to-FCF can be seen below:

* 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 Bangladesh EV-to-FCF Chart

Heidelberg Materials Bangladesh Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.36 51.73 11.12 5.38 -5,017.98

Heidelberg Materials Bangladesh Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.07 14.23 -5,017.98 20.21 24.51

DHA:HEIDELBCEM vs CRH, MLM, VMC: EV-to-FCF Comparison

For the Building Materials subindustry, Heidelberg Materials Bangladesh's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 Bangladesh EV-to-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials Bangladesh's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Heidelberg Materials Bangladesh's EV-to-FCF falls into.


DHA:HEIDELBCEM
71GF Score
Heidelberg Materials Bangladesh PLC DHA:HEIDELBCEM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heidelberg Materials Bangladesh EV-to-FCF Calculation

Heidelberg Materials Bangladesh's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=11087.805/520.667
=21.30

Heidelberg Materials Bangladesh's current Enterprise Value is BDT11,088 Mil.
Heidelberg Materials Bangladesh's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT521 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 21.30 mean?
Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) has a EV-to-FCF of 21.30 as of Sep. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Heidelberg Materials Bangladesh and its competitors. This is 24% above median its historical median of 17.15. According to the industry distribution chart, Heidelberg Materials Bangladesh ranks #161 out of 279 companies in the Building Materials industry, placing it in the top 57.7%.
Is Heidelberg Materials Bangladesh's EV-to-FCF too high?
Heidelberg Materials Bangladesh's current EV-to-FCF of 21.30 is 24% above median its 10-year median of 17.15. The Building Materials industry median EV-to-FCF is 18.18. Heidelberg Materials Bangladesh's value of 21.30 is 17.2% above this industry median. Based on the distribution chart, Heidelberg Materials Bangladesh ranks #161 out of 279 companies in the Building Materials industry, which is below the industry midpoint. Overall, Heidelberg Materials Bangladesh has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials Bangladesh's EV-to-FCF compare to CRH and MLM?
According to the Building Materials industry distribution chart, Heidelberg Materials Bangladesh ranks #161 out of 279 companies for EV-to-FCF. This places Heidelberg Materials Bangladesh in the lower half of its industry. The industry median EV-to-FCF is 18.18. Heidelberg Materials Bangladesh's value of 21.30 is 17.2% above this benchmark. While the company's 10-year median is 17.15 vs. the industry median of 18.18, Heidelberg Materials Bangladesh has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Building Materials company?
The median EV-to-FCF among Building Materials companies is 18.18, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heidelberg Materials Bangladesh's current EV-to-FCF of 21.30 is 17.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Heidelberg Materials Bangladesh and its competitors. For the Building Materials industry, the median EV-to-FCF is 18.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidelberg Materials Bangladesh's current EV-to-FCF is 21.30, which is 24% above median its own 10-year median of 17.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heidelberg Materials Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Heidelberg Materials Bangladesh (DHA:HEIDELBCEM) is currently considered Fairly Valued. The stock's GF Value™ is BDT201.84, compared to a current price of BDT210.70 — trading 4.4% above its estimated fair value. The current EV-to-FCF is 21.30, which is 24% above median its 10-year median of 17.15 and 17.2% above the Building Materials industry median of 18.18. Heidelberg Materials Bangladesh's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Heidelberg Materials Bangladesh (DHA:HEIDELBCEM), the current EV-to-FCF is 21.30 as of Sep. 02, 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 Bangladesh (DHA:HEIDELBCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Heidelberg Materials Bangladesh stock appears to be overvalued. The current stock price of BDT210.70 is trading 4.4% above its estimated GF Value™ of BDT201.84. GuruFocus considers Heidelberg Materials Bangladesh to be Fairly Valued.

Key valuation signals for DHA:HEIDELBCEM:

  • EV-to-FCF: 21.30 (24% above median its 10-year median of 17.15)
  • GF Value™: BDT201.84 vs. price of BDT210.70 (4.4% above fair value)
  • GF Score™: 71/100 with 1 warning sign
  • Industry Position: 17.2% above the Building Materials median (#161 of 279)

No single metric tells the full story. See the DHA:HEIDELBCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heidelberg Materials Bangladesh Business Description

Address Road No.142, Symphony (6th & 7th Floor), Plot No. SE (F)9, Gulshan Avenue South, Dhaka, BGD, 1212
Heidelberg Materials Bangladesh PLC offers a diverse and sustainable range of cement solutions. Its product portfolio comprises Ordinary Portland Cement (OPC), Portland Composite Cement (PCC), Blast Furnace/Composite Cement (Multi-Purpose Cement), evoBuild, and Sulphate Resistant Cement (SRC), marketed under the Company's two brands, ScanCement and RubyCement. The Company is engaged in projects such as Bijoy Sarani, Mohakhali Flyover, Lalon Shah (Pakshi) Bridge, Shah Amanat International Airport, Third Karnaphuli Bridge, Summit Meghnaghat Power Plant, North-South University, Chittagong Port Flyover, Dhaka Chattogram Four-Lane Highway, and many others.
71GF Score

Get the complete analysis for DHA:HEIDELBCEM

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT210.70
Price
BDT201.84
GF Value