Market Closed -
Swiss Exchange
16:35:19 21/05/2024 BST
|
5-day change
|
1st Jan Change
|
39
CHF
|
+2.23%
|
|
-.--%
|
+2.23%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
73,883
|
61,906
|
62,725
|
73,164
|
51,201
|
54,477
|
-
|
-
|
Enterprise Value (EV)
1 |
116,600
|
101,357
|
99,118
|
112,445
|
85,841
|
87,355
|
85,828
|
84,241
|
P/E ratio
|
13
x
|
9.71
x
|
9.25
x
|
11.2
x
|
-3.55
x
|
7.79
x
|
7.27
x
|
6.78
x
|
Yield
|
6.28%
|
7.96%
|
7.89%
|
7.04%
|
10.3%
|
9.62%
|
10%
|
10.5%
|
Capitalization / Revenue
|
2.86
x
|
2.4
x
|
2.44
x
|
2.65
x
|
1.88
x
|
2.05
x
|
1.99
x
|
1.92
x
|
EV / Revenue
|
4.51
x
|
3.93
x
|
3.86
x
|
4.07
x
|
3.15
x
|
3.28
x
|
3.13
x
|
2.97
x
|
EV / EBITDA
|
9.59
x
|
7.71
x
|
8.35
x
|
8.51
x
|
6.49
x
|
6.73
x
|
6.44
x
|
6.12
x
|
EV / FCF
|
14
x
|
10.9
x
|
10.8
x
|
11.4
x
|
8.37
x
|
10.7
x
|
10.3
x
|
10.1
x
|
FCF Yield
|
7.15%
|
9.15%
|
9.27%
|
8.78%
|
11.9%
|
9.31%
|
9.75%
|
9.88%
|
Price to Book
|
1.16
x
|
0.99
x
|
0.96
x
|
1
x
|
0.97
x
|
1.02
x
|
1.01
x
|
0.99
x
|
Nbr of stocks (in thousands)
|
2,286,331
|
2,286,035
|
2,294,686
|
2,229,591
|
2,230,487
|
2,214,530
|
-
|
-
|
Reference price
2 |
32.32
|
27.08
|
27.34
|
32.82
|
22.96
|
24.60
|
24.60
|
24.60
|
Announcement Date
|
27/02/20
|
17/02/21
|
11/02/22
|
09/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
25,827
|
25,776
|
25,684
|
27,655
|
27,283
|
26,613
|
27,420
|
28,368
|
EBITDA
1 |
12,161
|
13,154
|
11,874
|
13,208
|
13,223
|
12,971
|
13,323
|
13,774
|
EBIT
1 |
11,130
|
11,365
|
11,150
|
12,408
|
12,465
|
11,842
|
12,167
|
12,702
|
Operating Margin
|
43.09%
|
44.09%
|
43.41%
|
44.87%
|
45.69%
|
44.5%
|
44.37%
|
44.78%
|
Earnings before Tax (EBT)
1 |
7,912
|
8,672
|
9,163
|
9,324
|
-17,061
|
10,267
|
11,000
|
11,619
|
Net income
1 |
5,704
|
6,400
|
6,801
|
6,666
|
-14,367
|
7,239
|
7,605
|
8,054
|
Net margin
|
22.09%
|
24.83%
|
26.48%
|
24.1%
|
-52.66%
|
27.2%
|
27.74%
|
28.39%
|
EPS
2 |
2.490
|
2.789
|
2.956
|
2.919
|
-6.466
|
3.156
|
3.384
|
3.628
|
Free Cash Flow
1 |
8,332
|
9,275
|
9,190
|
9,871
|
10,254
|
8,133
|
8,370
|
8,323
|
FCF margin
|
32.26%
|
35.98%
|
35.78%
|
35.69%
|
37.58%
|
30.56%
|
30.52%
|
29.34%
|
FCF Conversion (EBITDA)
|
68.51%
|
70.51%
|
77.4%
|
74.74%
|
77.55%
|
62.7%
|
62.82%
|
60.42%
|
FCF Conversion (Net income)
|
146.07%
|
144.92%
|
135.13%
|
148.08%
|
-
|
112.35%
|
110.06%
|
103.34%
|
Dividend per Share
2 |
2.030
|
2.156
|
2.156
|
2.309
|
2.355
|
2.367
|
2.465
|
2.588
|
Announcement Date
|
27/02/20
|
17/02/21
|
11/02/22
|
09/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
13,688
|
12,271
|
13,505
|
12,175
|
13,509
|
12,869
|
14,786
|
13,441
|
13,842
|
12,348
|
13,890
|
-
|
-
|
EBITDA
1 |
6,606
|
5,730
|
7,424
|
5,557
|
6,317
|
5,988
|
7,220
|
6,500
|
6,723
|
5,914
|
6,970
|
-
|
-
|
EBIT
1 |
5,921
|
5,368
|
5,997
|
5,235
|
5,915
|
5,490
|
6,918
|
6,020
|
6,445
|
5,527
|
6,587
|
-
|
-
|
Operating Margin
|
43.26%
|
43.75%
|
44.41%
|
43%
|
43.79%
|
42.66%
|
46.79%
|
44.79%
|
46.56%
|
44.76%
|
47.42%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
4,047
|
4,592
|
4,080
|
4,384
|
4,779
|
-
|
6,263
|
5,303
|
-22,364
|
4,890
|
5,934
|
-
|
-
|
Net income
1 |
2,890
|
3,457
|
2,943
|
3,250
|
3,551
|
1,836
|
4,830
|
3,937
|
-18,326
|
3,645
|
4,390
|
-
|
-
|
Net margin
|
21.11%
|
28.17%
|
21.79%
|
26.69%
|
26.29%
|
14.27%
|
32.67%
|
29.29%
|
-132.39%
|
29.52%
|
31.61%
|
-
|
-
|
EPS
2 |
1.262
|
1.507
|
1.282
|
1.416
|
1.540
|
-
|
2.111
|
1.760
|
-8.226
|
1.596
|
1.866
|
1.591
|
1.769
|
Dividend per Share
2 |
1.015
|
1.034
|
1.122
|
1.065
|
1.091
|
1.084
|
1.226
|
1.122
|
1.233
|
1.168
|
1.172
|
1.193
|
1.185
|
Announcement Date
|
27/02/20
|
31/07/20
|
17/02/21
|
28/07/21
|
11/02/22
|
27/07/22
|
09/02/23
|
26/07/23
|
08/02/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
42,717
|
39,451
|
36,393
|
39,281
|
34,640
|
32,878
|
31,351
|
29,763
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.513
x
|
2.999
x
|
3.065
x
|
2.974
x
|
2.62
x
|
2.535
x
|
2.353
x
|
2.161
x
|
Free Cash Flow
1 |
8,332
|
9,275
|
9,190
|
9,871
|
10,254
|
8,133
|
8,370
|
8,323
|
ROE (net income / shareholders' equity)
|
11.5%
|
12%
|
11.8%
|
12.1%
|
13.1%
|
15.2%
|
15.8%
|
16.7%
|
ROA (Net income/ Total Assets)
|
5.16%
|
5.46%
|
5.49%
|
5.79%
|
6.17%
|
6.38%
|
6.67%
|
7.01%
|
Assets
1 |
110,476
|
117,152
|
123,786
|
115,155
|
-232,751
|
113,541
|
114,052
|
114,865
|
Book Value Per Share
2 |
28.00
|
27.40
|
28.60
|
32.70
|
23.60
|
24.00
|
24.40
|
24.90
|
Cash Flow per Share
2 |
3.930
|
4.260
|
4.230
|
4.580
|
4.810
|
4.030
|
4.270
|
3.900
|
Capex
1 |
664
|
511
|
527
|
523
|
460
|
574
|
631
|
650
|
Capex / Sales
|
2.57%
|
1.98%
|
2.05%
|
1.89%
|
1.69%
|
2.16%
|
2.3%
|
2.29%
|
Announcement Date
|
27/02/20
|
17/02/21
|
11/02/22
|
09/02/23
|
08/02/24
|
-
|
-
|
-
|
Last Close Price
24.6
GBP Average target price
31.05
GBP Spread / Average Target +26.23% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.55% | 159B | | +32.46% | 6.77B | | +105.47% | 2.7B | | -1.41% | 1.82B | | -6.03% | 1.67B | | -28.70% | 1.18B | | 0.00% | 641M | | +25.61% | 583M | | -36.27% | 436M |
Other Tobacco
|