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CRH PLC T.CRH


Primary Symbol: CRH

CRH PLC is a provider of building materials solutions. The Company integrates building materials, products, and services by providing them to customers as complete solutions. Its segments include Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions and Europe Building Solutions. The Americas Materials Solutions segment provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings in North America. The Americas Building Solutions segment manufactures, supplies, and delivers solutions for the built environment in communities across North America. The Europe Materials Solutions segment provides solutions for the construction of public infrastructure and commercial and residential buildings to customers in construction markets in Europe. The Europe Building Solutions segment combines materials, products, and services to produce a range of architectural and infrastructural solutions.


NYSE:CRH - Post by User

Comment by PSDFinancieron Sep 12, 2018 6:15pm
186 Views
Post# 28608547

RE:Another possible reason - not a bash.

RE:Another possible reason - not a bash.Miscstuff, Please take a look at the many posts I've devoted to this topic over the last year: because of the "amortization of intangible assets" line item from CRH's many acquisitions, you can't look at accounting EPS to value CRH. You have to look at FCF per share, which you can roughly get to by adding the tax-adjusted amortization line back to net income. On my numbers, CRH is trading after today around 11x 2018E free cash flow (basically 11x P/E adding the amortization line back in). Healthcare services stocks trade up to 20x free cash flow across the business cycle. Even with this year's run-up, the stock is still quite cheap. Best, PSDFinancier
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