Company Valuation: Emmi AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,756 4,189 4,874 3,937 3,932 4,981 - -
Change - -27.23% 16.35% -19.21% -0.14% 26.67% - -
Enterprise Value (EV) 1 6,158 4,679 7,975 4,961 4,684 5,727 5,574 5,409
Change - -24.03% 70.45% -37.79% -5.59% 22.28% -2.68% -2.97%
P/E 26.6x 22.9x 26.2x 17.9x 17.3x 21x 19.2x 17.8x
PBR 5.32x 3.58x 3.77x 3.96x 3.64x 3.87x 3.41x 3.02x
PEG - -1.5x 12.77x 1x 5.65x 4.93x 2.02x 2.2x
Capitalization / Revenue 1.47x 0.99x 1.15x 0.91x 0.83x 1.03x 1x 0.97x
EV / Revenue 1.57x 1.11x 1.88x 1.14x 0.99x 1.18x 1.12x 1.06x
EV / EBITDA 15.6x 12.3x 21.2x 11.5x 9.52x 11.3x 10.5x 9.68x
EV / EBIT 21.7x 18.5x 30.9x 16.4x 14x 16.6x 15.1x 13.7x
EV / FCF 60.1x 579x 35.7x 17.5x 20x 24.5x 21.5x 19.6x
FCF Yield 1.66% 0.17% 2.8% 5.7% 5.01% 4.08% 4.65% 5.11%
Dividend per Share 2 14 14.5 15.5 16.5 17.5 18.14 19.5 20.64
Rate of return 1.3% 1.85% 1.7% 2.24% 2.38% 1.95% 2.09% 2.22%
EPS 2 40.51 34.12 34.82 41.18 42.44 44.25 48.45 52.38
Distribution rate 34.6% 42.5% 44.5% 40.1% 41.2% 41% 40.2% 39.4%
Net sales 1 3,912 4,230 4,242 4,349 4,746 4,845 4,980 5,111
EBITDA 1 394.7 379.3 375.8 430.6 492.3 506.1 530.9 558.6
EBIT 1 284.1 253 258.2 302.7 334.6 345.2 368.7 393.6
Net income 1 216.7 182.5 186.3 220.3 227.1 237.1 259.2 280.9
Net Debt 1 401.9 489.8 3,101 1,024 751.7 746.7 593.3 428
Reference price 2 1,076.00 783.00 911.00 736.00 735.00 931.00 931.00 931.00
Nbr of stocks (in thousands) 5,350 5,350 5,350 5,350 5,350 5,350 - -
Announcement Date 04/03/22 01/03/23 29/02/24 26/02/25 27/02/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.04x1.18x11.32x1.95% 6.05B
22.13x2.98x14.67x3.71% 264B
19.78x2.56x15.2x3.15% 82.2B
17.61x1.81x10.32x3.57% 47.06B
14.23x0.51x9.17x2.72% 37.07B
19.19x3.04x12.2x3.47% 33.28B
35.04x3.03x17.67x1.06% 31.02B
27.06x5.75x18.99x2.96% 30B
-8.58x1.86x9.3x6.59% 28.86B
Average 18.61x 2.52x 13.20x 3.24% 62.22B
Weighted average by Cap. 20.09x 2.73x 13.96x 3.48%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Emmi AG

Historical PBR trend

Valuation ratios - PBR - Emmi AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Emmi AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Emmi AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Emmi AG