Cementir Holding NV (CHIX:CEMM) Intrinsic Value: Projected FCF: €22.24 (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

CHIX:CEMM Cementir Holding NV CHIX:CEMM
84 GF Score
Price €13.38
GF Value €11.27
! 2 Warning Signs
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What is Cementir Holding NV Intrinsic Value: Projected FCF?

Cementir Holding NV CHIX:CEMM 84 Intrinsic Value: Projected FCF is €22.24 as of Aug. 30, 2026. GuruFocus rates CHIX:CEMM with a GF Score™ of 84/100 and a GF Value™ of €11.27. The stock has 2 warning signs investors should review. Among 312 Building Materials companies, Cementir Holding NV ranks better than 66.03% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-30), Cementir Holding NV's Intrinsic Value: Projected FCF is €22.24. The stock price of Cementir Holding NV is €13.375. Therefore, Cementir Holding NV's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.

The historical rank and industry rank for Cementir Holding NV's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:CEMm' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.37   Med: 0.55   Max: 1.09
Current: 0.6

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Cementir Holding NV was 1.09. The lowest was 0.37. And the median was 0.55.

CHIX:CEMm's Price-to-Projected-FCF is ranked better than
66.03% of 312 companies
in the Building Materials industry
Industry Median: 0.8 vs CHIX:CEMm: 0.60

Cementir Holding NV  (CHIX:CEMm) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Cementir Holding NV's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=13.375/24.379991891421
=0.55

* 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.


Cementir Holding NV Intrinsic Value: Projected FCF Related Terms


Cementir Holding NV Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Cementir Holding NV's Intrinsic Value: Projected 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.

Cementir Holding NV Intrinsic Value: Projected FCF Chart

Cementir Holding NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.91 16.88 16.24 23.73 24.51

Cementir Holding NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 0.00 0.00 24.51 0.00 0.00

CHIX:CEMM vs CRH, VMC, MLM: Intrinsic Value: Projected FCF Comparison

For the Building Materials subindustry, Cementir Holding NV's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.


Cementir Holding NV Price-to-Projected-FCF vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementir Holding NV's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Cementir Holding NV's Price-to-Projected-FCF falls into.


CHIX:CEMM
84GF Score
Cementir Holding NV CHIX:CEMM
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Cementir Holding NV Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Cementir Holding NV's Free Cash Flow(6 year avg) = €183.14.

Cementir Holding NV's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(12.608723088515*183.13914285714+1853.032*0.8)/155.520
=24.38

* 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.

What does a Intrinsic Value: Projected FCF of €22.24 mean?
Cementir Holding NV (CHIX:CEMM) has a Intrinsic Value: Projected FCF of €22.24 as of Aug. 30, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Cementir Holding NV and its competitors. According to the industry distribution chart, Cementir Holding NV ranks #106 out of 312 companies in the Building Materials industry, placing it in the top 34%.
Is Cementir Holding NV's Intrinsic Value: Projected FCF too high?
Cementir Holding NV's current Intrinsic Value: Projected FCF is €22.24. Based on the distribution chart, Cementir Holding NV ranks #106 out of 312 companies in the Building Materials industry, which is above the industry midpoint. Overall, Cementir Holding NV has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Cementir Holding NV's Intrinsic Value: Projected FCF compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cementir Holding NV ranks #106 out of 312 companies for Intrinsic Value: Projected FCF. This puts Cementir Holding NV in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Building Materials company?
The median Intrinsic Value: Projected FCF among Building Materials companies is 0.80, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Cementir Holding NV and its competitors. For the Building Materials industry, the median Intrinsic Value: Projected FCF is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cementir Holding NV's current Intrinsic Value: Projected FCF is €22.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cementir Holding NV stock overvalued right now?
Cementir Holding NV (CHIX:CEMM) has a current Intrinsic Value: Projected FCF of €22.24. The stock's GF Value™ is €11.27, compared to a current price of €13.38 — trading 18.7% above its estimated fair value. The current Intrinsic Value: Projected FCF is €22.24. Cementir Holding NV's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Cementir Holding NV (CHIX:CEMM), the current Intrinsic Value: Projected FCF is €22.24 as of Aug. 30, 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 Cementir Holding NV (CHIX:CEMM) Overvalued in 2026?

Based on GuruFocus' analysis, Cementir Holding NV stock appears to be overvalued. The current stock price of €13.38 is trading 18.7% above its estimated GF Value™ of €11.27.

Key valuation signals for CHIX:CEMM:

  • Intrinsic Value: Projected FCF: €22.24
  • GF Value™: €11.27 vs. price of €13.38 (18.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Cementir Holding NV Business Description

Other Exchanges CEM:Italy0HY2:UK3PC:Germany
Address Zuidplein 36, Amsterdam, NH, NLD, 1077 XV
Cementir Holding NV is a multinational company. The company creates a niche white cement segment, the cement producer in Denmark and ready-mixed concrete producer in the Scandinavian region, the third in Belgium, and among the international players in Turkiye. In Belgium, the Group operates one of the aggregate quarries in Europe, while in Turkiye, it operates in the treatment of industrial waste to produce fuel for its cement plants. It has segments as Cement, Ready-mixed concrete, Aggregates, Wastes, and Others, with the majority from Cement. Geographically, it gains revenue from the Nordic & Baltic regions.
84GF Score

Get the complete analysis for CHIX:CEMM

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

€13.38
Price
€11.27
GF Value