Market Closed -
Swiss Exchange
11:31:30 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
3,962
CHF
|
+0.92%
|
|
+0.28%
|
+13.72%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
27,940
|
34,424
|
44,220
|
26,140
|
32,148
|
36,558
|
-
|
-
|
Enterprise Value (EV)
1 |
31,619
|
38,464
|
48,610
|
30,670
|
36,453
|
40,532
|
40,332
|
39,985
|
P/E ratio
|
40.1
x
|
46.6
x
|
54.2
x
|
30.6
x
|
36.1
x
|
37.3
x
|
33.5
x
|
31.3
x
|
Yield
|
2.05%
|
1.72%
|
1.38%
|
2.36%
|
1.95%
|
1.79%
|
1.86%
|
1.92%
|
Capitalization / Revenue
|
4.5
x
|
5.45
x
|
6.62
x
|
3.67
x
|
4.65
x
|
5.08
x
|
4.84
x
|
4.62
x
|
EV / Revenue
|
5.1
x
|
6.08
x
|
7.27
x
|
4.31
x
|
5.27
x
|
5.63
x
|
5.34
x
|
5.05
x
|
EV / EBITDA
|
24.8
x
|
27.5
x
|
32.8
x
|
20.8
x
|
24.7
x
|
24.6
x
|
22.7
x
|
21.3
x
|
EV / FCF
|
38.7
x
|
42.5
x
|
47.1
x
|
47.6
x
|
33.2
x
|
39.7
x
|
36.7
x
|
35.1
x
|
FCF Yield
|
2.58%
|
2.36%
|
2.12%
|
2.1%
|
3.01%
|
2.52%
|
2.72%
|
2.85%
|
Price to Book
|
7.73
x
|
9.93
x
|
11.3
x
|
6.18
x
|
8.06
x
|
8.5
x
|
7.76
x
|
7.11
x
|
Nbr of stocks (in thousands)
|
9,218
|
9,229
|
9,228
|
9,227
|
9,227
|
9,227
|
-
|
-
|
Reference price
2 |
3,031
|
3,730
|
4,792
|
2,833
|
3,484
|
3,962
|
3,962
|
3,962
|
Announcement Date
|
1/24/20
|
1/29/21
|
1/28/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,203
|
6,322
|
6,684
|
7,117
|
6,915
|
7,201
|
7,556
|
7,911
|
EBITDA
1 |
1,275
|
1,397
|
1,482
|
1,476
|
1,473
|
1,651
|
1,776
|
1,876
|
EBIT
1 |
920
|
996
|
1,089
|
1,112
|
1,116
|
1,294
|
1,419
|
1,520
|
Operating Margin
|
14.83%
|
15.75%
|
16.29%
|
15.62%
|
16.14%
|
17.97%
|
18.77%
|
19.21%
|
Earnings before Tax (EBT)
1 |
808
|
876
|
965
|
928
|
989
|
1,127
|
1,262
|
1,355
|
Net income
1 |
702
|
743
|
821
|
856
|
893
|
977.6
|
1,084
|
1,171
|
Net margin
|
11.32%
|
11.75%
|
12.28%
|
12.03%
|
12.91%
|
13.57%
|
14.34%
|
14.8%
|
EPS
2 |
75.59
|
79.96
|
88.37
|
92.51
|
96.47
|
106.1
|
118.1
|
126.6
|
Free Cash Flow
1 |
816
|
906
|
1,032
|
644
|
1,098
|
1,022
|
1,098
|
1,139
|
FCF margin
|
13.15%
|
14.33%
|
15.44%
|
9.05%
|
15.88%
|
14.19%
|
14.53%
|
14.4%
|
FCF Conversion (EBITDA)
|
64%
|
64.85%
|
69.64%
|
43.63%
|
74.54%
|
61.88%
|
61.8%
|
60.74%
|
FCF Conversion (Net income)
|
116.24%
|
121.94%
|
125.7%
|
75.23%
|
122.96%
|
104.5%
|
101.29%
|
97.3%
|
Dividend per Share
2 |
62.00
|
64.00
|
66.00
|
67.00
|
68.00
|
71.10
|
73.85
|
76.26
|
Announcement Date
|
1/24/20
|
1/29/21
|
1/28/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
3,109
|
3,221
|
3,101
|
3,373
|
1,618
|
3,311
|
1,752
|
1,900
|
3,652
|
1,808
|
1,657
|
3,465
|
1,773
|
1,762
|
3,535
|
3,380
|
3,749
|
3,655
|
3,896
|
3,862
|
EBITDA
|
615
|
734
|
663
|
809
|
-
|
673
|
-
|
-
|
816
|
-
|
-
|
660
|
-
|
-
|
763
|
710
|
-
|
-
|
-
|
-
|
EBIT
|
429
|
532
|
464
|
613
|
-
|
476
|
-
|
-
|
631
|
-
|
-
|
481
|
-
|
-
|
586
|
530
|
711.1
|
677.2
|
751.6
|
712.6
|
Operating Margin
|
13.8%
|
16.52%
|
14.96%
|
18.17%
|
-
|
14.38%
|
-
|
-
|
17.28%
|
-
|
-
|
13.88%
|
-
|
-
|
16.58%
|
15.68%
|
18.97%
|
18.53%
|
19.3%
|
18.45%
|
Earnings before Tax (EBT)
|
371
|
480
|
396
|
566
|
-
|
399
|
-
|
-
|
512
|
-
|
-
|
416
|
-
|
-
|
516
|
473
|
-
|
-
|
-
|
-
|
Net income
|
322
|
413
|
330
|
481
|
-
|
340
|
-
|
-
|
440
|
-
|
-
|
416
|
-
|
-
|
449
|
444
|
-
|
-
|
-
|
-
|
Net margin
|
10.36%
|
12.82%
|
10.64%
|
14.26%
|
-
|
10.27%
|
-
|
-
|
12.05%
|
-
|
-
|
12.01%
|
-
|
-
|
12.7%
|
13.14%
|
-
|
-
|
-
|
-
|
EPS
|
34.65
|
44.48
|
35.48
|
51.78
|
-
|
36.58
|
-
|
-
|
47.52
|
-
|
-
|
44.99
|
-
|
-
|
48.53
|
47.94
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/24/20
|
7/21/20
|
1/29/21
|
7/22/21
|
1/28/22
|
1/28/22
|
4/12/22
|
7/21/22
|
7/21/22
|
10/11/22
|
1/25/23
|
1/25/23
|
4/20/23
|
7/20/23
|
7/20/23
|
1/25/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,679
|
4,040
|
4,390
|
4,530
|
4,305
|
3,974
|
3,774
|
3,426
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.885
x
|
2.892
x
|
2.962
x
|
3.069
x
|
2.923
x
|
2.407
x
|
2.125
x
|
1.827
x
|
Free Cash Flow
1 |
816
|
906
|
1,032
|
644
|
1,098
|
1,022
|
1,098
|
1,139
|
ROE (net income / shareholders' equity)
|
19.1%
|
20.8%
|
22.1%
|
21%
|
21.7%
|
24.1%
|
24.4%
|
23.8%
|
ROA (Net income/ Total Assets)
|
7.14%
|
7.06%
|
7.44%
|
7.46%
|
7.89%
|
8.98%
|
9.76%
|
9.65%
|
Assets
1 |
9,836
|
10,527
|
11,039
|
11,471
|
11,319
|
10,882
|
11,104
|
12,139
|
Book Value Per Share
2 |
392.0
|
376.0
|
423.0
|
459.0
|
432.0
|
466.0
|
510.0
|
558.0
|
Cash Flow per Share
2 |
122.0
|
122.0
|
139.0
|
102.0
|
149.0
|
141.0
|
149.0
|
161.0
|
Capex
1 |
320
|
227
|
256
|
304
|
275
|
285
|
294
|
317
|
Capex / Sales
|
5.16%
|
3.59%
|
3.83%
|
4.27%
|
3.98%
|
3.96%
|
3.89%
|
4.01%
|
Announcement Date
|
1/24/20
|
1/29/21
|
1/28/22
|
1/25/23
|
1/25/24
|
-
|
-
|
-
|
Last Close Price
3,962
CHF Average target price
3,805
CHF Spread / Average Target -3.96% Consensus |
1st Jan change
|
Capi.
|
---|
| +13.72% | 39.97B | | +11.47% | 63.22B | | -3.47% | 46.34B | | +17.83% | 25.46B | | +7.27% | 18.68B | | -0.57% | 17.24B | | -21.73% | 15.81B | | +0.22% | 14.9B | | -19.10% | 13.74B | | +35.12% | 12.81B |
Other Specialty Chemicals
|