CRH Plc vs Eagle Materials Inc

CRH Plc (CRH) is undervalued and Eagle Materials Inc (EXP) is fairly valued.

Against our estimates of intrinsic value, CRH trades at the wider discount: a margin of safety of +21%, against +1% for EXP.

Values as of the 22 Sept 2026 close.

CRH Plc (CRH)

Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $112.05; the price of $88.04 is 21% below that value, and 72% of that value comes from beyond year five.

Leak Score 53/100 on 6 of 12 signals

Eagle Materials Inc (EXP)

Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $185.22; the price of $183.16 is 1% below that value, and 74% of that value comes from beyond year five.

Leak Score 59/100 on 3 of 12 signals

MetricCRHEXP
VerdictUndervaluedFairly valued
Price$88.04$183.16
Intrinsic value$112.05$185.22
Margin of safety+21%+1%
Leak Score53/100 (6/12)59/100 (3/12)
Market cap$58.6B$5.6B
Revenue growth, 5 years6.3%7.3%
Operating margin14.1%23.2%
Net margin9.9%17.3%
Return on equity16.4%27.0%
Debt to equity0.821.21
P/E15.5x14.5x
Forward P/E13.4x12.9x
P/B2.3x3.8x
Dividend yield1.8%0.5%

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