BYSTRONIC AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 405.5 CHF | +1.38% |
|
-0.25% | -14.90% |
| 04-15 | Switzerland's Bystronic Logs Decline in Fiscal Q1 Net Sales, Order Intake | MT |
| 02-29 | Bystronic AG Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,388 | 2,248 | 2,651 | 1,326 | 985.5 | 838.5 | - | - |
| Enterprise Value (EV) 1 | 2,091 | 1,982 | 2,191 | 1,110 | 638.3 | 467.6 | 479.1 | 492.6 |
| P/E ratio | 19 x | 34.6 x | -92.8 x | 36.2 x | 23.5 x | -546 x | 30.1 x | 22.3 x |
| Yield | 3.63% | 5.51% | 4.68% | 1.87% | 2.52% | 1.85% | 2.47% | 3.39% |
| Capitalization / Revenue | 1.52 x | 1.75 x | 2.82 x | 1.3 x | 1.06 x | 1.17 x | 1.1 x | 1.02 x |
| EV / Revenue | 1.33 x | 1.54 x | 2.33 x | 1.09 x | 0.69 x | 0.65 x | 0.63 x | 0.6 x |
| EV / EBITDA | 11.9 x | 16.8 x | 24.8 x | 15.9 x | 8.47 x | 21.8 x | 8.82 x | 7.29 x |
| EV / FCF | 69 x | 50.4 x | 142 x | -27.3 x | 18.8 x | 3.41 x | 18.4 x | 61.6 x |
| FCF Yield | 1.45% | 1.98% | 0.7% | -3.66% | 5.33% | 29.3% | 5.43% | 1.62% |
| Price to Book | 2.73 x | 2.83 x | 3.25 x | 1.83 x | 1.35 x | 1.23 x | 1.23 x | 1.24 x |
| Nbr of stocks (in thousands) | 2,065 | 2,066 | 2,068 | 2,068 | 2,068 | 2,068 | - | - |
| Reference price 2 | 1,156 | 1,088 | 1,282 | 641.0 | 476.5 | 405.5 | 405.5 | 405.5 |
| Announcement Date | 13/03/20 | 16/03/21 | 15/03/22 | 02/03/23 | 29/02/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,573 | 1,284 | 939.3 | 1,016 | 930.1 | 714.5 | 761.6 | 824.4 |
| EBITDA 1 | 175.8 | 117.8 | 88.5 | 69.9 | 75.4 | 21.47 | 54.29 | 67.59 |
| EBIT 1 | 167.2 | 79.7 | 70.1 | 48.1 | 54.4 | -2.997 | 33.82 | 46.85 |
| Operating Margin | 10.63% | 6.21% | 7.46% | 4.73% | 5.85% | -0.42% | 4.44% | 5.68% |
| Earnings before Tax (EBT) 1 | 167.1 | 76.7 | -20 | 45.4 | 55.1 | -6 | 28.5 | 39.45 |
| Net income 1 | 125.7 | 65 | -28.6 | 36.6 | 41.9 | -6 | 27.99 | 37.58 |
| Net margin | 7.99% | 5.06% | -3.04% | 3.6% | 4.5% | -0.84% | 3.68% | 4.56% |
| EPS 2 | 60.85 | 31.46 | -13.81 | 17.69 | 20.28 | -0.7426 | 13.48 | 18.17 |
| Free Cash Flow 1 | 30.3 | 39.3 | 15.4 | -40.6 | 34 | 137 | 26 | 8 |
| FCF margin | 1.93% | 3.06% | 1.64% | -4% | 3.66% | 19.17% | 3.41% | 0.97% |
| FCF Conversion (EBITDA) | 17.24% | 33.36% | 17.4% | - | 45.09% | 638.03% | 47.89% | 11.84% |
| FCF Conversion (Net income) | 24.11% | 60.46% | - | - | 81.15% | - | 92.89% | 21.29% |
| Dividend per Share 2 | 42.00 | 60.00 | 60.00 | 12.00 | 12.00 | 7.500 | 10.00 | 13.75 |
| Announcement Date | 13/03/20 | 16/03/21 | 15/03/22 | 02/03/23 | 29/02/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 803.1 | 576.2 | 707.4 | 624.3 | 498.6 | 453.2 | 303.5 | 562.7 | 233 | 235.3 | 468.3 |
| EBITDA | - | 21.3 | 96.5 | - | 49.1 | - | - | 49.3 | - | - | 35.5 |
| EBIT | 76.7 | 1.8 | 29.8 | - | 39.8 | 10.5 | - | 37.6 | - | - | 25.3 |
| Operating Margin | 9.55% | 0.31% | 4.21% | - | 7.98% | 2.32% | - | 6.68% | - | - | 5.4% |
| Earnings before Tax (EBT) | - | 47.8 | 28.9 | -56.5 | - | - | - | - | - | - | 25.2 |
| Net income | - | - | 19.6 | -61 | - | - | - | - | - | - | 19.8 |
| Net margin | - | - | 2.77% | -9.77% | - | - | - | - | - | - | 4.23% |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 13/03/20 | 07/08/20 | 16/03/21 | 06/08/21 | 15/03/22 | 21/07/22 | 02/03/23 | 02/03/23 | 21/04/23 | 21/07/23 | 21/07/23 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 297 | 266 | 460 | 216 | 347 | 371 | 359 | 346 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 30.3 | 39.3 | 15.4 | -40.6 | 34 | 137 | 26 | 8 |
| ROE (net income / shareholders' equity) | 14.2% | 7.76% | 6.52% | 4.76% | 5.76% | -0.15% | 4.25% | 5.23% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 423.0 | 384.0 | 394.0 | 350.0 | 353.0 | 331.0 | 329.0 | 327.0 |
| Cash Flow per Share 2 | 48.40 | 38.10 | 23.90 | -7.990 | 25.90 | 37.80 | 23.90 | 23.50 |
| Capex 1 | 65.5 | 39.4 | 34 | 23.4 | 19.4 | 21.5 | 22.9 | 24.1 |
| Capex / Sales | 4.16% | 3.07% | 3.62% | 2.3% | 2.09% | 3% | 3.01% | 2.92% |
| Announcement Date | 13/03/20 | 16/03/21 | 15/03/22 | 02/03/23 | 29/02/24 | - | - | - |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
405.5
CHF
Average target price
484.8
CHF
Spread / Average Target
+19.54%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -14.90% | 917M | |
| +8.22% | 2.04B | |
| +0.43% | 1.99B | |
| -6.79% | 1.91B | |
| -16.05% | 1.38B | |
| -5.37% | 1.38B | |
| +15.70% | 1.36B | |
| -28.65% | 1.3B | |
| -17.02% | 1.24B | |
| -0.74% | 1.18B |
- Stock Market
- Equities
- BYS Stock
- Financials Bystronic AG
