IMPLENIA AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 34.4 CHF | +2.38% |
|
-0.72% | +12.79% |
| Apr. 18 | Swiss Builder Implenia Launches CHF175 Million Bond | MT |
| Apr. 05 | Buru Holding Buys 13.7% Implenia Stake | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 724 | 443.8 | 383.1 | 701.5 | 562.5 | 626.3 | - | - |
| Enterprise Value (EV) 1 | 451.3 | 456.5 | 474.2 | 748.1 | 562.5 | 849.1 | 780.2 | 691.5 |
| P/E ratio | 25 x | -3.29 x | 6.83 x | 6.81 x | - | 7.35 x | 6.91 x | 6.38 x |
| Yield | 1.91% | - | - | 1.05% | - | 2.76% | 3.49% | 4.07% |
| Capitalization / Revenue | 0.16 x | 0.11 x | 0.1 x | 0.2 x | 0.16 x | 0.17 x | 0.17 x | 0.17 x |
| EV / Revenue | 0.1 x | 0.11 x | 0.13 x | 0.21 x | 0.16 x | 0.24 x | 0.21 x | 0.19 x |
| EV / EBITDA | 2.42 x | 2.79 x | 2.11 x | 3.21 x | 2.48 x | 3.54 x | 3.16 x | 2.7 x |
| EV / FCF | 4.8 x | -2.13 x | -1.98 x | 2.63 x | - | 7.44 x | 9.53 x | 8.04 x |
| FCF Yield | 20.8% | -46.9% | -50.5% | 38% | - | 13.4% | 10.5% | 12.4% |
| Price to Book | 1.29 x | 1.47 x | 1.11 x | 1.46 x | - | 1 x | 0.78 x | 0.71 x |
| Nbr of stocks (in thousands) | 18,441 | 18,462 | 18,452 | 18,436 | 18,444 | 18,208 | - | - |
| Reference price 2 | 39.26 | 24.04 | 20.76 | 38.05 | 30.50 | 34.40 | 34.40 | 34.40 |
| Announcement Date | 2/25/20 | 2/23/21 | 3/8/22 | 3/1/23 | 2/28/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,431 | 3,989 | 3,765 | 3,563 | 3,596 | 3,610 | 3,659 | 3,711 |
| EBITDA 1 | 186.8 | 163.5 | 224.8 | 233.1 | 226.4 | 239.7 | 247.2 | 255.9 |
| EBIT 1 | 63.51 | -146.8 | 114.8 | 138.9 | 122.6 | 131.9 | 139.8 | 148.6 |
| Operating Margin | 1.43% | -3.68% | 3.05% | 3.9% | 3.41% | 3.65% | 3.82% | 4% |
| Earnings before Tax (EBT) 1 | 44.31 | -163.7 | 90.49 | 123.2 | 111.2 | 202.9 | - | - |
| Net income 1 | 29.65 | -134.7 | 61.16 | 104.8 | - | 85.62 | 91.28 | 98.73 |
| Net margin | 0.67% | -3.38% | 1.62% | 2.94% | - | 2.37% | 2.49% | 2.66% |
| EPS 2 | 1.570 | -7.300 | 3.040 | 5.590 | - | 4.682 | 4.981 | 5.396 |
| Free Cash Flow 1 | 94 | -214.1 | -239.6 | 284.6 | - | 114 | 81.85 | 86 |
| FCF margin | 2.12% | -5.37% | -6.36% | 7.99% | - | 3.16% | 2.24% | 2.32% |
| FCF Conversion (EBITDA) | 50.33% | - | - | 122.12% | - | 47.58% | 33.11% | 33.6% |
| FCF Conversion (Net income) | 317.01% | - | - | 271.72% | - | 133.21% | 89.67% | 87.11% |
| Dividend per Share 2 | 0.7500 | - | - | 0.4000 | - | 0.9500 | 1.200 | 1.400 |
| Announcement Date | 2/25/20 | 2/23/21 | 3/8/22 | 3/1/23 | 2/28/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2022 S1 | 2022 S2 | 2023 S1 |
|---|---|---|---|---|---|
| Net sales 1 | 1,926 | 1,884 | 1,767 | 1,796 | 1,731 |
| EBITDA 1 | 101.6 | 96.28 | 143.6 | - | 99.43 |
| EBIT 1 | 52.2 | 40.03 | 95.08 | 43.78 | 49.93 |
| Operating Margin | 2.71% | 2.13% | 5.38% | 2.44% | 2.89% |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income 1 | 52.43 | 21.54 | 63.05 | - | 32.2 |
| Net margin | 2.72% | 1.14% | 3.57% | - | 1.86% |
| EPS | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 8/19/20 | 8/17/21 | 8/17/22 | 3/1/23 | 8/16/23 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 12.7 | 91.2 | 46.7 | - | 223 | 154 | 65.2 |
| Net Cash position 1 | 273 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.0775 x | 0.4057 x | 0.2002 x | - | 0.9292 x | 0.6223 x | 0.2547 x |
| Free Cash Flow 1 | 94 | -214 | -240 | 285 | - | 114 | 81.9 | 86 |
| ROE (net income / shareholders' equity) | 5.28% | 7.9% | 20% | 25.9% | - | 12.7% | 12.3% | 12% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 30.50 | 16.40 | 18.70 | 26.10 | - | 34.60 | 43.90 | 48.40 |
| Cash Flow per Share 2 | 6.920 | -8.750 | -3.280 | 6.840 | - | 15.30 | 13.40 | 15.40 |
| Capex 1 | 57.1 | 52.6 | 42.7 | 37.1 | - | 64.2 | 63.7 | 65.4 |
| Capex / Sales | 1.29% | 1.32% | 1.13% | 1.04% | - | 1.78% | 1.74% | 1.76% |
| Announcement Date | 2/25/20 | 2/23/21 | 3/8/22 | 3/1/23 | 2/28/24 | - | - | - |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
34.4
CHF
Average target price
38.33
CHF
Spread / Average Target
+11.43%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +12.79% | 685M | |
| -2.29% | 67.67B | |
| +2.13% | 59.37B | |
| +21.25% | 38.3B | |
| +11.23% | 30.73B | |
| +2.06% | 26.35B | |
| +22.89% | 22.01B | |
| +15.06% | 19.47B | |
| +22.99% | 17.6B | |
| +64.33% | 16.64B |
- Stock Market
- Equities
- IMPN Stock
- Financials Implenia AG
