Company Valuation: Amrize AG

Data adjusted to current consolidation scope
Fiscal Period: December 2025 2026 2027 2028
Market Cap 1 30,481 21,724 - -
Change - -28.73% - -
Enterprise Value (EV) 1 33,828 25,489 24,812 23,923
Change - -24.65% -2.65% -3.58%
P/E 25.8x 16x 13.7x 12.1x
PBR 2.3x 1.6x 1.46x 1.34x
PEG - 1x 0.8x 0.9x
Capitalization / Revenue 2.58x 1.73x 1.65x 1.56x
EV / Revenue 2.86x 2.03x 1.88x 1.71x
EV / EBITDA 11.2x 8.09x 7.29x 6.49x
EV / EBIT 17.7x 12x 10.5x 9.22x
EV / FCF 23.1x 18x 15.2x 13.4x
FCF Yield 4.32% 5.56% 6.59% 7.49%
Dividend per Share 2 0.44 0.5208 0.666 0.7736
Rate of return 0.8% 1.31% 1.68% 1.95%
EPS 2 2.14 2.48 2.891 3.288
Distribution rate 20.6% 21% 23% 23.5%
Net sales 1 11,815 12,564 13,186 13,969
EBITDA 1 3,007 3,152 3,403 3,684
EBIT 1 1,906 2,115 2,352 2,595
Net income 1 1,185 1,357 1,542 1,783
Net Debt 1 3,347 3,765 3,088 2,199
Reference price 2 55.11 39.72 39.72 39.72
Nbr of stocks (in thousands) 553,082 546,926 - -
Announcement Date 17/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.22x1.83x8.76x1.76% 59.2B
31.69x5.03x14.67x0.69% 35.58B
32.96x3.41x17.51x0.94% 33.76B
27.86x4.42x14.73x0.84% 32.46B
11.89x1.43x6.59x2.58% 30.39B
23.22x7.23x14.21x2.04% 26.77B
75.07x4.68x72.39x0.3% 23.22B
16.02x2.03x8.09x1.31% 21.72B
10.82x1.17x5.71x0.96% 15.15B
Average 27.19x 3.47x 18.07x 1.27% 30.92B
Weighted average by Cap. 26.18x 3.42x 16.65x 1.33%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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