HDLMY (Heidelberg Materials AG) 3-Year ROIIC % : 28.52% (As of Dec. 2025)


HDLMY Heidelberg Materials AG HDLMY
78 GF Score
Price $39.02
GF Value $24.46
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Heidelberg Materials AG 3-Year ROIIC %?

Heidelberg Materials AG HDLMY +2.63% 78 3-Year ROIIC % is 28.52 as of Dec. 2025. GuruFocus rates HDLMY with a GF Score™ of 78/100 and a GF Value™ of $24.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 382 Building Materials companies, Heidelberg Materials AG ranks better than 74.61% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Heidelberg Materials AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 28.52%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Heidelberg Materials AG's 3-Year ROIIC % or its related term are showing as below:

HDLMY's 3-Year ROIIC % is ranked better than
74.61% of 382 companies
in the Building Materials industry
Industry Median: 5.185 vs HDLMY: 28.52

Heidelberg Materials AG  (OTCPK:HDLMY) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Heidelberg Materials AG 3-Year ROIIC % Related Terms


Heidelberg Materials AG 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Heidelberg Materials AG's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Heidelberg Materials AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.97 -4.32 1.94 25.46 28.52

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
3-Year ROIIC % 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 1.94 0.00 25.46 0.00 28.52

HDLMY vs CRH, VMC, MLM: 3-Year ROIIC % Comparison

For the Building Materials subindustry, Heidelberg Materials AG's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Heidelberg Materials AG's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Heidelberg Materials AG's 3-Year ROIIC % falls into.


HDLMY
78GF Score
Heidelberg Materials AG HDLMY
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heidelberg Materials AG 3-Year ROIIC % Calculation

Heidelberg Materials AG's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2662.2151728 (Dec. 2025) - 1722.0327516 (Dec. 2022) )/( 36284.192 (Dec. 2025) - 30418.22 (Dec. 2022) )
=940.1824212/5865.972
=16.03%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 28.52 mean?
Heidelberg Materials AG (HDLMY) has a 3-Year ROIIC % of 28.52 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Heidelberg Materials AG and its competitors. According to the industry distribution chart, Heidelberg Materials AG ranks #97 out of 382 companies in the Building Materials industry, placing it in the top 25.4%.
Is Heidelberg Materials AG's 3-Year ROIIC % too high?
Heidelberg Materials AG's current 3-Year ROIIC % is 28.52. The Building Materials industry median 3-Year ROIIC % is 5.19. Heidelberg Materials AG's value of 28.52 is 450% above this industry median. Based on the distribution chart, Heidelberg Materials AG ranks #97 out of 382 companies in the Building Materials industry, which is above the industry midpoint. 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 3-Year ROIIC % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Heidelberg Materials AG ranks #97 out of 382 companies for 3-Year ROIIC %. This puts Heidelberg Materials AG in the upper half of its industry. The industry median 3-Year ROIIC % is 5.19. Heidelberg Materials AG's value of 28.52 is 450% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Building Materials company?
The median 3-Year ROIIC % among Building Materials companies is 5.19, based on 382 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heidelberg Materials AG's current 3-Year ROIIC % of 28.52 is 450% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Heidelberg Materials AG and its competitors. For the Building Materials industry, the median 3-Year ROIIC % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heidelberg Materials AG's current 3-Year ROIIC % is 28.52. 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 $24.46, compared to a current price of $39.02 — trading 59.5% above its estimated fair value. The current 3-Year ROIIC % is 28.52 and 450% above the Building Materials industry median of 5.19. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Heidelberg Materials AG (HDLMY), the current 3-Year ROIIC % is 28.52 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 (HDLMY) Overvalued in 2026?

Based on GuruFocus' analysis, Heidelberg Materials AG stock appears to be overvalued. The current stock price of $39.02 is trading 59.5% above its estimated GF Value™ of $24.46. GuruFocus considers Heidelberg Materials AG to be Significantly Overvalued.

Key valuation signals for HDLMY:

  • 3-Year ROIIC %: 28.52
  • GF Value™: $24.46 vs. price of $39.02 (59.5% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 450% above the Building Materials median (#97 of 382)

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 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

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

$39.02
Price
$24.46
GF Value