Heidelberg Materials AG (MEX:HEIN) ROE %: 13.98% (As of Dec. 2025) — 59% Above Median


MEX:HEIN Heidelberg Materials AG MEX:HEIN
78 GF Score
Price MXN4,456.48
GF Value MXN2,581.70
! 4 Warning Signs
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What is Heidelberg Materials AG ROE %?

Heidelberg Materials AG MEX:HEIN 78 ROE % is 13.98% as of Dec. 2025, which is 59% above its 10-year median of 8.77. GuruFocus rates MEX:HEIN with a GF Score™ of 78/100 and a GF Value™ of MXN2,581.70. The stock has 4 warning signs investors should review. Among 405 Building Materials companies, Heidelberg Materials AG ranks better than 74.07% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Heidelberg Materials AG's annualized net income for the quarter that ended in Dec. 2025 was MXN52,908 Mil. Heidelberg Materials AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was MXN378,459 Mil. Therefore, Heidelberg Materials AG's annualized ROE % for the quarter that ended in Dec. 2025 was 13.98%.

The historical rank and industry rank for Heidelberg Materials AG's ROE % or its related term are showing as below:

MEX:HEIN' s ROE % Range Over the Past 10 Years
Min: -14.14   Med: 8.77   Max: 12.25
Current: 10.75

During the past 13 years, Heidelberg Materials AG's highest ROE % was 12.25%. The lowest was -14.14%. And the median was 8.77%.

MEX:HEIN's ROE % is ranked better than
74.07% of 405 companies
in the Building Materials industry
Industry Median: 4.32 vs MEX:HEIN: 10.75

Heidelberg Materials AG  (MEX:HEIN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=52908.084/378459.14
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(52908.084 / 466465.7)*(466465.7 / 757391.179)*(757391.179 / 378459.14)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.34 %*0.6159*2.0012
=ROA %*Equity Multiplier
=6.98 %*2.0012
=13.98 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=52908.084/378459.14
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (52908.084 / 77829.322) * (77829.322 / 78048.596) * (78048.596 / 466465.7) * (466465.7 / 757391.179) * (757391.179 / 378459.14)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6798 * 0.9972 * 16.73 % * 0.6159 * 2.0012
=13.98 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Heidelberg Materials AG ROE % Related Terms


Heidelberg Materials AG ROE % Historical Data

* Premium members only.

The historical data trend for Heidelberg Materials AG's ROE % 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 AG ROE % Chart

Heidelberg Materials AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.01 9.43 10.81 10.67 10.31

Heidelberg Materials AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 14.33 6.82 13.95 7.60 13.98

MEX:HEIN vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Heidelberg Materials AG's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's ROE % distribution charts can be found below:

* The bar in red indicates where Heidelberg Materials AG's ROE % falls into.


MEX:HEIN
78GF Score
Heidelberg Materials AG MEX:HEIN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heidelberg Materials AG ROE % Calculation

Heidelberg Materials AG's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=40921.854/( (410466.382+382981.661)/ 2 )
=40921.854/396724.0215
=10.31 %

Heidelberg Materials AG's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=52908.084/( (373936.619+382981.661)/ 2 )
=52908.084/378459.14
=13.98 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.98% mean?
Heidelberg Materials AG (MEX:HEIN) has a ROE % of 13.98% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heidelberg Materials AG and its competitors. This is 59% above median its historical median of 8.77. According to the industry distribution chart, Heidelberg Materials AG ranks #105 out of 405 companies in the Building Materials industry, placing it in the top 25.9%.
Is Heidelberg Materials AG's ROE % too high?
Heidelberg Materials AG's current ROE % of 13.98% is 59% above median its 10-year median of 8.77. The Building Materials industry median ROE % is 4.32. Heidelberg Materials AG's value of 13.98% is 223.6% above this industry median. Based on the distribution chart, Heidelberg Materials AG ranks #105 out of 405 companies in the Building Materials industry, which is above the industry midpoint. Overall, Heidelberg Materials AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Heidelberg Materials AG's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Heidelberg Materials AG ranks #105 out of 405 companies for ROE %. This puts Heidelberg Materials AG in the upper half of its industry. The industry median ROE % is 4.32. Heidelberg Materials AG's value of 13.98% is 223.6% above this benchmark. While the company's 10-year median is 8.77 vs. the industry median of 4.32, Heidelberg Materials AG 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 ROE % for a Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heidelberg Materials AG's current ROE % of 13.98% is 223.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Heidelberg Materials AG and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidelberg Materials AG's current ROE % is 13.98%, which is 59% above median its own 10-year median of 8.77. 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?
Heidelberg Materials AG (MEX:HEIN) has a current ROE % of 13.98%. The stock's GF Value™ is MXN2,581.70, compared to a current price of MXN4,456.48 — trading 72.6% above its estimated fair value. The current ROE % is 13.98%, which is 59% above median its 10-year median of 8.77 and 223.6% above the Building Materials industry median of 4.32. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Heidelberg Materials AG (MEX:HEIN), the current ROE % is 13.98% as of Dec. 2025. 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 (MEX:HEIN) Overvalued in 2026?

Based on GuruFocus' analysis, Heidelberg Materials AG stock appears to be overvalued. The current stock price of MXN4,456.48 is trading 72.6% above its estimated GF Value™ of MXN2,581.70.

Key valuation signals for MEX:HEIN:

  • ROE %: 13.98% (59% above median its 10-year median of 8.77)
  • GF Value™: MXN2,581.70 vs. price of MXN4,456.48 (72.6% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 223.6% above the Building Materials median (#105 of 405)

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


Heidelberg Materials AG Business Description

Address Berliner Strasse 6, Heidelberg, BW, DEU, 69120
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 MEX:HEIN

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

MXN4,456.48
Price
MXN2,581.70
GF Value