Market Closed -
Swiss Exchange
11:31:29 2024-05-07 am EDT
|
5-day change
|
1st Jan Change
|
1,238
CHF
|
+1.77%
|
|
+4.04%
|
+2.02%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
23,563
|
27,270
|
39,809
|
21,302
|
31,458
|
32,151
|
-
|
-
|
Enterprise Value (EV)
1 |
23,483
|
26,898
|
39,747
|
20,792
|
31,458
|
32,830
|
32,704
|
32,607
|
P/E ratio
|
26.4
x
|
34.3
x
|
27.4
x
|
20.9
x
|
31.5
x
|
26.5
x
|
23.2
x
|
20.5
x
|
Yield
|
2.87%
|
2.64%
|
2.18%
|
4.53%
|
-
|
3.4%
|
3.74%
|
4.09%
|
Capitalization / Revenue
|
14.6
x
|
19.3
x
|
15.1
x
|
11.4
x
|
16.2
x
|
13.6
x
|
11.9
x
|
10.4
x
|
EV / Revenue
|
14.6
x
|
19
x
|
15.1
x
|
11.1
x
|
16.2
x
|
13.9
x
|
12.1
x
|
10.6
x
|
EV / EBITDA
|
22.5
x
|
29.4
x
|
23.5
x
|
17.7
x
|
25.5
x
|
21.7
x
|
18.9
x
|
16.7
x
|
EV / FCF
|
27.7
x
|
23.7
x
|
59.5
x
|
20.8
x
|
-
|
27.4
x
|
22.6
x
|
20
x
|
FCF Yield
|
3.61%
|
4.22%
|
1.68%
|
4.8%
|
-
|
3.66%
|
4.42%
|
5%
|
Price to Book
|
10.2
x
|
12
x
|
13.8
x
|
8.76
x
|
-
|
12.2
x
|
11.1
x
|
9.85
x
|
Nbr of stocks (in thousands)
|
26,552
|
26,221
|
26,320
|
26,079
|
25,934
|
25,980
|
-
|
-
|
Reference price
2 |
887.4
|
1,040
|
1,512
|
816.8
|
1,213
|
1,238
|
1,238
|
1,238
|
Announcement Date
|
3/17/20
|
3/16/21
|
3/22/22
|
3/21/23
|
3/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,610
|
1,412
|
2,629
|
1,872
|
1,945
|
2,356
|
2,710
|
3,080
|
EBITDA
1 |
1,041
|
913.8
|
1,690
|
1,172
|
1,234
|
1,510
|
1,727
|
1,955
|
EBIT
1 |
1,008
|
875
|
1,650
|
1,132
|
1,193
|
1,452
|
1,679
|
1,906
|
Operating Margin
|
62.61%
|
61.97%
|
62.76%
|
60.47%
|
61.32%
|
61.62%
|
61.96%
|
61.87%
|
Earnings before Tax (EBT)
1 |
1,037
|
928.6
|
1,726
|
1,129
|
1,209
|
1,476
|
1,715
|
1,961
|
Net income
1 |
900
|
805
|
1,464
|
1,005
|
1,003
|
1,202
|
1,391
|
1,574
|
Net margin
|
55.9%
|
57.01%
|
55.69%
|
53.68%
|
51.59%
|
51.05%
|
51.33%
|
51.1%
|
EPS
2 |
33.66
|
30.36
|
55.12
|
39.09
|
38.55
|
46.70
|
53.37
|
60.30
|
Free Cash Flow
1 |
847.1
|
1,136
|
667.5
|
998.6
|
-
|
1,200
|
1,446
|
1,632
|
FCF margin
|
52.61%
|
80.42%
|
25.39%
|
53.34%
|
-
|
50.94%
|
53.34%
|
52.98%
|
FCF Conversion (EBITDA)
|
81.34%
|
124.26%
|
39.49%
|
85.19%
|
-
|
79.46%
|
83.69%
|
83.49%
|
FCF Conversion (Net income)
|
94.12%
|
141.06%
|
45.59%
|
99.37%
|
-
|
99.8%
|
103.92%
|
103.67%
|
Dividend per Share
2 |
25.50
|
27.50
|
33.00
|
37.00
|
-
|
42.12
|
46.32
|
50.60
|
Announcement Date
|
3/17/20
|
3/16/21
|
3/22/22
|
3/21/23
|
3/19/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
928
|
623
|
789
|
1,130
|
881
|
991
|
1,051
|
894
|
1,055
|
1,366
|
EBITDA
|
-
|
-
|
-
|
720.9
|
590.2
|
582
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
701.8
|
570
|
562
|
644
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
62.13%
|
64.7%
|
56.71%
|
61.27%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
549.5
|
579.9
|
661
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
629.4
|
464.2
|
540.7
|
551
|
452.4
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
55.72%
|
52.69%
|
54.56%
|
52.43%
|
50.6%
|
-
|
-
|
EPS
|
18.86
|
11.65
|
18.71
|
23.50
|
17.53
|
21.56
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
37.00
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/17/20
|
9/8/20
|
3/16/21
|
9/7/21
|
8/30/22
|
3/21/23
|
9/5/23
|
3/19/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
679
|
554
|
457
|
Net Cash position
1 |
79.2
|
372
|
61.7
|
510
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
0.4499
x
|
0.3205
x
|
0.2337
x
|
Free Cash Flow
1 |
847
|
1,136
|
668
|
999
|
-
|
1,200
|
1,446
|
1,632
|
ROE (net income / shareholders' equity)
|
42%
|
35.3%
|
56.6%
|
38%
|
-
|
47%
|
52.2%
|
50.6%
|
ROA (Net income/ Total Assets)
|
26.1%
|
20.2%
|
33%
|
21.4%
|
-
|
22.8%
|
28.7%
|
30.4%
|
Assets
1 |
3,450
|
3,992
|
4,434
|
4,704
|
-
|
5,285
|
4,848
|
5,182
|
Book Value Per Share
2 |
86.60
|
86.30
|
110.0
|
93.30
|
-
|
102.0
|
112.0
|
126.0
|
Cash Flow per Share
2 |
35.90
|
43.60
|
26.40
|
41.20
|
-
|
45.40
|
53.40
|
61.20
|
Capex
1 |
114
|
18.9
|
34.3
|
60.5
|
-
|
26.5
|
44
|
32.9
|
Capex / Sales
|
7.06%
|
1.34%
|
1.3%
|
3.23%
|
-
|
1.13%
|
1.62%
|
1.07%
|
Announcement Date
|
3/17/20
|
3/16/21
|
3/22/22
|
3/21/23
|
3/19/24
|
-
|
-
|
-
|
Last Close Price
1,216
CHF Average target price
1,257
CHF Spread / Average Target +3.40% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.02% | 34.89B | | +10.88% | 33.73B | | 0.00% | 18.68B | | +8.06% | 5.65B | | -0.10% | 3.11B | | +11.46% | 2.93B | | +23.82% | 2.91B | | -17.26% | 2.31B | | +4.52% | 1.24B | | +7.04% | 1.17B |
Private Equity
|