Delayed
Berne S.E.
|
5-day change
|
1st Jan Change
|
- CHF
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
2,433
|
5,645
|
5,071
|
5,291
|
9,362
|
7,363
|
-
|
-
|
Enterprise Value (EV)
1 |
3,882
|
6,391
|
5,990
|
6,375
|
10,429
|
8,370
|
8,264
|
7,684
|
P/E ratio
|
34.8
x
|
16.6
x
|
14
x
|
11.8
x
|
20
x
|
13.7
x
|
12.3
x
|
-
|
Yield
|
0.68%
|
0.07%
|
0.58%
|
0.68%
|
0.37%
|
0.46%
|
0.46%
|
0.46%
|
Capitalization / Revenue
|
1.68
x
|
3.48
x
|
2.72
x
|
2.46
x
|
4.14
x
|
3.05
x
|
2.86
x
|
2.73
x
|
EV / Revenue
|
2.68
x
|
3.94
x
|
3.22
x
|
2.97
x
|
4.62
x
|
3.47
x
|
3.21
x
|
2.85
x
|
EV / EBITDA
|
8.59
x
|
11.5
x
|
9.31
x
|
8.34
x
|
12.8
x
|
9.43
x
|
8.6
x
|
7.8
x
|
EV / FCF
|
14.5
x
|
10.8
x
|
13.5
x
|
14.8
x
|
23.5
x
|
20.8
x
|
22.7
x
|
-
|
FCF Yield
|
6.88%
|
9.22%
|
7.4%
|
6.77%
|
4.25%
|
4.8%
|
4.41%
|
-
|
Price to Book
|
2.51
x
|
4.19
x
|
4.63
x
|
4.79
x
|
7.09
x
|
4.47
x
|
3.63
x
|
-
|
Nbr of stocks (in thousands)
|
41,644
|
42,002
|
39,505
|
36,052
|
34,450
|
33,858
|
-
|
-
|
Reference price
2 |
58.42
|
134.4
|
128.4
|
146.8
|
271.8
|
217.5
|
217.5
|
217.5
|
Announcement Date
|
19/05/20
|
19/05/21
|
19/05/22
|
18/05/23
|
21/05/24
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
1,451
|
1,623
|
1,862
|
2,148
|
2,259
|
2,412
|
2,575
|
2,696
|
EBITDA
1 |
451.7
|
555.7
|
643.2
|
764.4
|
814.6
|
887.6
|
961.4
|
984.6
|
EBIT
1 |
338.2
|
426.8
|
514.4
|
625.8
|
664.8
|
719
|
785.8
|
823.3
|
Operating Margin
|
23.31%
|
26.3%
|
27.63%
|
29.13%
|
29.42%
|
29.81%
|
30.51%
|
30.54%
|
Earnings before Tax (EBT)
1 |
45.72
|
424.1
|
475.1
|
588.6
|
617.9
|
682.4
|
749.2
|
823.4
|
Net income
1 |
70.89
|
339.4
|
374.2
|
461.5
|
477.6
|
534.4
|
592.3
|
-
|
Net margin
|
4.89%
|
20.92%
|
20.1%
|
21.49%
|
21.14%
|
22.16%
|
23%
|
-
|
EPS
2 |
1.680
|
8.120
|
9.140
|
12.46
|
13.61
|
15.82
|
17.64
|
-
|
Free Cash Flow
1 |
267.2
|
589.1
|
443
|
431.6
|
443.6
|
402
|
364.4
|
-
|
FCF margin
|
18.42%
|
36.31%
|
23.8%
|
20.09%
|
19.64%
|
16.67%
|
14.15%
|
-
|
FCF Conversion (EBITDA)
|
59.15%
|
106.02%
|
68.88%
|
56.46%
|
54.46%
|
45.29%
|
37.9%
|
-
|
FCF Conversion (Net income)
|
376.88%
|
173.56%
|
118.38%
|
93.51%
|
92.88%
|
75.21%
|
61.52%
|
-
|
Dividend per Share
2 |
0.4000
|
0.1000
|
0.7500
|
1.000
|
1.000
|
1.005
|
1.005
|
1.010
|
Announcement Date
|
19/05/20
|
19/05/21
|
19/05/22
|
18/05/23
|
21/05/24
|
-
|
-
|
-
|
Fiscal Period: March |
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
---|
Net sales
1 |
462.9
|
413.1
|
561.4
|
605.1
|
511.5
|
470.1
|
601.5
|
622.2
|
558.8
|
476.7
|
632.7
|
668.6
|
597.2
|
513.1
|
686.8
|
EBITDA
1 |
169.7
|
128.5
|
178.9
|
222.6
|
194.7
|
168.2
|
207.8
|
242.7
|
214.2
|
149.9
|
216.5
|
260.4
|
235
|
176.6
|
240.9
|
EBIT
1 |
137.5
|
96.2
|
144.7
|
188
|
159.9
|
133.3
|
171.1
|
205.5
|
176.7
|
111.4
|
174.3
|
217.1
|
191.6
|
132.1
|
199.5
|
Operating Margin
|
29.7%
|
23.29%
|
25.78%
|
31.07%
|
31.25%
|
28.35%
|
28.45%
|
33.03%
|
31.63%
|
23.36%
|
27.54%
|
32.46%
|
32.08%
|
25.75%
|
29.05%
|
Earnings before Tax (EBT)
1 |
131.8
|
90.21
|
136.2
|
178.5
|
150.9
|
123
|
155.4
|
194.2
|
166.6
|
101.7
|
167.7
|
208.6
|
182.1
|
123.9
|
183.4
|
Net income
1 |
102.5
|
74.32
|
105
|
139
|
117.2
|
100.4
|
120.8
|
150.6
|
129.1
|
77.1
|
131.8
|
162.9
|
143
|
96.78
|
146.7
|
Net margin
|
22.14%
|
17.99%
|
18.7%
|
22.97%
|
22.91%
|
21.35%
|
20.09%
|
24.2%
|
23.11%
|
16.17%
|
20.83%
|
24.36%
|
23.94%
|
18.86%
|
21.36%
|
EPS
2 |
2.530
|
1.900
|
2.750
|
3.720
|
3.200
|
2.790
|
3.400
|
4.260
|
3.720
|
2.240
|
3.860
|
4.775
|
4.210
|
2.855
|
4.398
|
Dividend per Share
2 |
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
-
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
0.2500
|
-
|
Announcement Date
|
27/01/22
|
19/05/22
|
28/07/22
|
26/10/22
|
26/01/23
|
18/05/23
|
27/07/23
|
26/10/23
|
25/01/24
|
21/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
1,449
|
745
|
919
|
1,084
|
1,068
|
1,007
|
901
|
321
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.207
x
|
1.341
x
|
1.429
x
|
1.418
x
|
1.311
x
|
1.134
x
|
0.9373
x
|
0.3259
x
|
Free Cash Flow
1 |
267
|
589
|
443
|
432
|
444
|
402
|
364
|
-
|
ROE (net income / shareholders' equity)
|
21.7%
|
29.2%
|
30%
|
39.8%
|
38.3%
|
34.6%
|
31.3%
|
33.4%
|
ROA (Net income/ Total Assets)
|
2.76%
|
11.7%
|
13.8%
|
17.2%
|
16.7%
|
16.7%
|
17%
|
-
|
Assets
1 |
2,565
|
2,901
|
2,709
|
2,680
|
2,864
|
3,200
|
3,484
|
-
|
Book Value Per Share
2 |
23.20
|
32.10
|
27.70
|
30.60
|
38.30
|
48.60
|
59.90
|
-
|
Cash Flow per Share
2 |
9.440
|
15.40
|
12.60
|
14.60
|
16.10
|
20.70
|
22.30
|
-
|
Capex
1 |
132
|
53.9
|
74.1
|
110
|
120
|
285
|
347
|
-
|
Capex / Sales
|
9.11%
|
3.32%
|
3.98%
|
5.13%
|
5.32%
|
11.82%
|
13.46%
|
-
|
Announcement Date
|
19/05/20
|
19/05/21
|
19/05/22
|
18/05/23
|
21/05/24
|
-
|
-
|
-
|
Last Close Price
217.5
USD Average target price
273.1
USD Spread / Average Target +25.58% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.72% | 49.78B | | +3.10% | 16.01B | | -0.47% | 12.06B | | -1.87% | 7.93B | | +37.33% | 7.41B | | +105.28% | 7.27B | | -19.16% | 6.44B | | +23.80% | 5.9B | | +5.79% | 4.79B |
Cement & Concrete Manufacturing
|