Company Valuation: Ascom Holding AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 423.3 266.8 295.2 149.4 137.2 181.4 - -
Change - -36.96% 10.61% -49.38% -8.17% 32.2% - -
Enterprise Value (EV) 1 393.8 256.4 275.9 135.9 107.6 148.3 139.2 131.3
Change - -34.87% 7.57% -50.73% -20.82% 37.81% -6.14% -5.7%
P/E 31.8x 24.8x 17.1x 41.6x 9.1x 12.9x 11.8x 11.3x
PBR 5.3x 3.64x 3.75x 2.01x 1.63x 2.15x 1.99x 1.86x
PEG - -1.3x 0.3x -0.5x 0x 6.33x 1.35x 2.64x
Capitalization / Revenue 1.45x 0.9x 0.99x 0.52x 0.47x 0.61x 0.59x 0.58x
EV / Revenue 1.35x 0.86x 0.93x 0.47x 0.37x 0.5x 0.46x 0.42x
EV / EBITDA 13.7x 10.7x 9.17x 6.38x 3.14x 4.47x 3.94x 3.6x
EV / EBIT 24.9x 18.3x 13.7x 17.9x 5.3x 7.23x 6.25x 5.74x
EV / FCF -3,938x -80.1x 16.9x 30.2x 5.01x 13.9x 10.4x 8.93x
FCF Yield -0.03% -1.25% 5.91% 3.31% 20% 7.21% 9.63% 11.2%
Dividend per Share 2 0.2 0.2 0.3 0.1 0.1 0.2 0.2667 0.3
Rate of return 1.7% 2.69% 3.65% 2.4% 2.62% 3.63% 4.84% 5.44%
EPS 2 0.37 0.3 0.48 0.1 0.42 0.4286 0.466 0.486
Distribution rate 54.1% 66.7% 62.5% 100% 23.8% 46.7% 57.2% 61.7%
Net sales 1 291.5 297.4 297.3 286.7 292.1 298.7 305.2 313.3
EBITDA 1 28.7 23.9 30.1 21.3 34.3 33.18 35.36 36.42
EBIT 1 15.8 14 20.2 7.6 20.3 20.52 22.27 22.87
Net income 1 13.5 11 17.4 3.7 15.1 14.86 16.11 16.7
Net Debt 1 -29.5 -10.4 -19.3 -13.5 -29.6 -33.09 -42.19 -50.13
Reference price 2 11.760 7.430 8.220 4.160 3.820 5.510 5.510 5.510
Nbr of stocks (in thousands) 35,993 35,915 35,909 35,917 35,919 32,920 - -
Announcement Date 09/03/22 08/03/23 05/03/24 12/03/25 09/03/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.86x0.5x4.47x3.63% 223M
38.11x7.96x20.55x1.34% 488B
55.44x19.74x39.62x-.--% 265B
22.11x0.88x15.87x2.09% 193B
32.38x10.18x25.06x0.34% 160B
188.79x27.66x81.09x-.--% 82.62B
34.07x6.59x18.82x0.99% 77.74B
83.01x9.67x44.63x-.--% 61.16B
30.97x7.03x23.52x1.33% 59.78B
43.07x2.28x14.83x1.67% 58.22B
Average 54.08x 9.25x 28.85x 1.14% 144.65B
Weighted average by Cap. 48.71x 10.28x 28.20x 0.95%

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

  1. Stock Market
  2. Stocks
  3. ASCN Stock
  4. Valuation Ascom Holding AG