CRH PUBLIC LTD CO (CRH)

Cement, Hydraulic

Latest Price

$87.69

TTM P/E

15.49

Normalized P/E

18.27

Div Yield

1.73%

Book Value

35.99

P/B Ratio

2.44

Valuation metrics

EPS: $5.51

Book value / share: $33.95

Formula: √(22.5 × EPS × BVPS)

Graham Number

$64.88

26% downside

Norm. op. income: $3.9B (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$21.95

75% downside

Base FCF: $2.9B (median of recent 3yr)

Growth: 3%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$39.45

55% downside

EPS: $5.51

Target P/E: 18×

Formula: EPS × P/E

P/E Fair Value

$99.18

+13% upside