CRH PLC CRH

Morningstar Rating
$81.54 −0.34 (0.42%)
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Company Report

CRH's $8.5 Billion Acquisition of Arcosa Introduces Additional Cyclicality; Valuation Lowered

CRH is a global supplier of building materials, with the majority of its revenue earned in North America. Infrastructure is CRH's largest end market, representing 40% of group sales. As the largest roadbuilder in North America, CRH is well positioned to benefit from a 50% increase in funding for highway and road construction as part of the Infrastructure Investment and Jobs Act. CRH's investment thesis hinges on rising US construction activity driven by funding certainty for US infrastructure projects and reshoring.

Price vs Fair Value

CRH is trading at a LOCK|%w&&f?p premium.
Price
$81.54
Fair Value
>!
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

As the largest roadbuilder in North America, CRH is well positioned for a rise in public infrastructure projects underpinned by the $1.2 trillion Infrastructure Investment and Jobs Act, which will see a 50% increase in federal highway funding and remains mostly uninvested so far.

Bears

Demand for privately funded residential construction projects has slowed because higher interest rates limit cement price increases.

News

Trading Information

Previous Close Price
$81.88
Day Range
$81.01–82.61
52-Week Range
$80.13–131.55
Bid/Ask
$81.12 / $83.95
Shares Outstanding
665.28M
Market Cap
$54.25B
Volume/Avg
3M / 5M

Key Statistics

Price/Earnings (Normalized)
14.15
Price/Sales
1.42
Dividend Yield (Trailing)
1.89%
Dividend Yield (Forward)
1.91%
Dividend Payment Schedule
Apr, Jun, Sep, Dec
Total Yield
4.00%

Company Profile

CRH is a global manufacturer of a range of building products used in construction projects, operating via a vertically integrated business model. The past decade has seen CRH transform into a leading building materials business, with increasing exposure to upstream building activities such as aggregates and cement. CRH’s geographic footprint is mostly across developed markets. North America is CRH’s largest market and accounts for 75% of EBITDA. The company is the largest producer of aggregates and asphalt in the US.
Sector
Basic Materials
Industry
Building Materials
Stock Style Box
Mid Value
Total Number of Employees
83,032

Competitors

Valuation

Metric
CRH
VMC
MLM
Price/Earnings (Normalized)
14.1528.8428.41
Price/Book Value
2.263.742.49
Price/Sales
1.423.974.32
Price/Cash Flow
8.6517.0918.59
Price/Earnings
CRH
VMC
MLM

Financial Strength

Metric
CRH
VMC
MLM
Quick Ratio
1.011.050.65
Current Ratio
1.581.761.41
Interest Coverage
6.887.176.03
Quick Ratio
CRH
VMC
MLM

Profitability

Metric
CRH
VMC
MLM
Return on Assets (Normalized)
6.08%6.79%−3.09%
Return on Equity (Normalized)
14.98%13.35%−5.78%
Return on Invested Capital (Normalized)
9.13%9.62%−2.55%
Return on Assets
CRH
VMC
MLM

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