ROCHE HOLDING AG

ROG
Delayed Quote. Delayed  - 10/15 11:32:01 am
360.25CHF +0.87%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 264 244313 467
Entreprise Value (EV)1 266 126308 998
P/E ratio 18,7x20,9x
Yield 2,94%2,60%
Capitalization / Revenue 4,53x5,07x
EV / Revenue 4,56x5,00x
EV / EBITDA 11,0x12,3x
Price to Book 7,27x7,01x
Nbr of stocks (in thousands) 854 642854 261
Reference price (CHF) 309360
Announcement Date 02/04/2021-
Previous period Next period
1 CHF in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 58 32361 787
EBITDA1 24 28125 163
Operating profit (EBIT)1 21 53622 437
Operating Margin 36,9%36,3%
Pre-Tax Profit (EBT)1 17 96519 281
Net income1 14 29514 572
Net margin 24,5%23,6%
EPS2 16,517,2
Dividend per Share2 9,109,38
Announcement Date 02/04/2021-
Previous period Next period
1 CHF in Million
2 CHF
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 1 882-
Net Cash position1 -4 469
Leverage (Debt / EBITDA) 0,08x-0,18x
Free Cash Flow1 10 94315 609
ROE (Net Profit / Equities) 48,0%42,7%
Shareholders' equity1 29 78934 106
ROA (Net Profit / Asset) 19,6%16,6%
Assets1 72 96687 614
Book Value Per Share2 42,551,4
Cash Flow per Share2 21,522,2
Capex1 3 5283 680
Capex / Sales 6,05%5,96%
Announcement Date 02/04/2021-
Previous period Next period
1 CHF in Million
2 CHF
Financial Ratios
Size 2021e 2022e
Capitalization 313 467 M CHF -
Entreprise Value (EV) 308 998 M CHF 302 202 M CHF
Valuation 2021e 2022e
P/E ratio (Price / EPS) 20,9x 20,0x
Capitalization / Revenue 5,07x 5,04x
EV / Revenue 5,00x 4,97x
EV / EBITDA 12,3x 12,1x
Yield (DPS / Price) 2,60% 2,70%
Price to book (Price / BVPS) 7,01x 5,98x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 36,3% 36,9%
Operating Leverage (Delta EBIT / Delta Sales) 0,70x 3,70x
Net Margin (Net Profit / Revenue) 23,6% 24,8%
ROA (Net Profit / Asset) 16,6% 15,9%
ROE (Net Profit / Equities) 42,7% 36,5%
Rate of Dividend 54,5% 54,1%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   5,96% 6,02%
Cash Flow / Sales 30,8% 32,2%
Capital Intensity (Assets / Sales) 1,42x 1,56x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend