Delayed
Swiss Exchange
16:35:37 04/04/2023 BST
|
5-day change
|
1st Jan Change
|
280
CHF
|
+9.80%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
27,357
|
34,718
|
41,850
|
36,421
|
55,320
|
67,702
|
-
|
-
|
Enterprise Value (EV)
1 |
28,549
|
36,081
|
43,136
|
37,844
|
56,675
|
68,866
|
68,559
|
68,213
|
P/E ratio
|
39.8
x
|
57.3
x
|
50.6
x
|
39.3
x
|
44.4
x
|
48.7
x
|
44
x
|
40.1
x
|
Yield
|
0.7%
|
0.46%
|
0.6%
|
0.9%
|
0.8%
|
0.7%
|
0.77%
|
0.88%
|
Capitalization / Revenue
|
7.26
x
|
10
x
|
9.8
x
|
7.15
x
|
9.27
x
|
10.4
x
|
9.66
x
|
9.07
x
|
EV / Revenue
|
7.58
x
|
10.4
x
|
10.1
x
|
7.43
x
|
9.49
x
|
10.6
x
|
9.78
x
|
9.14
x
|
EV / EBITDA
|
22.5
x
|
31.6
x
|
28.2
x
|
21.3
x
|
24.9
x
|
27.2
x
|
24.7
x
|
22.6
x
|
EV / FCF
|
42.3
x
|
210
x
|
79
x
|
63.4
x
|
66.8
x
|
66.4
x
|
52.7
x
|
48.7
x
|
FCF Yield
|
2.36%
|
0.48%
|
1.27%
|
1.58%
|
1.5%
|
1.51%
|
1.9%
|
2.05%
|
Price to Book
|
18.4
x
|
19.5
x
|
19
x
|
14
x
|
18.2
x
|
18.6
x
|
16.2
x
|
14.5
x
|
Nbr of stocks (in thousands)
|
185,283
|
184,748
|
183,843
|
181,953
|
180,418
|
180,038
|
-
|
-
|
Reference price
2 |
147.6
|
187.9
|
227.6
|
200.2
|
306.6
|
376.0
|
376.0
|
376.0
|
Announcement Date
|
04/02/20
|
02/02/21
|
02/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,766
|
3,460
|
4,271
|
5,095
|
5,970
|
6,515
|
7,012
|
7,465
|
EBITDA
1 |
1,269
|
1,143
|
1,531
|
1,773
|
2,279
|
2,528
|
2,772
|
3,019
|
EBIT
1 |
917
|
716
|
1,075
|
1,227
|
1,617
|
1,825
|
2,014
|
2,209
|
Operating Margin
|
24.35%
|
20.69%
|
25.17%
|
24.08%
|
27.09%
|
28.01%
|
28.72%
|
29.59%
|
Earnings before Tax (EBT)
1 |
875
|
667
|
1,042
|
1,178
|
1,602
|
1,798
|
1,999
|
2,196
|
Net income
1 |
699
|
608
|
833
|
939
|
1,257
|
1,401
|
1,541
|
1,692
|
Net margin
|
18.56%
|
17.57%
|
19.5%
|
18.43%
|
21.06%
|
21.51%
|
21.97%
|
22.66%
|
EPS
2 |
3.710
|
3.280
|
4.500
|
5.090
|
6.900
|
7.714
|
8.538
|
9.379
|
Free Cash Flow
1 |
675
|
172
|
546
|
597
|
848
|
1,037
|
1,301
|
1,401
|
FCF margin
|
17.92%
|
4.97%
|
12.78%
|
11.72%
|
14.2%
|
15.92%
|
18.55%
|
18.77%
|
FCF Conversion (EBITDA)
|
53.19%
|
15.05%
|
35.66%
|
33.67%
|
37.21%
|
41.04%
|
46.94%
|
46.41%
|
FCF Conversion (Net income)
|
96.57%
|
28.29%
|
65.55%
|
63.58%
|
67.46%
|
74.03%
|
84.43%
|
82.82%
|
Dividend per Share
2 |
1.030
|
0.8670
|
1.362
|
1.810
|
2.443
|
2.635
|
2.880
|
3.324
|
Announcement Date
|
04/02/20
|
02/02/21
|
02/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,842
|
1,503
|
1,957
|
2,046
|
1,172
|
2,225
|
1,186
|
1,291
|
2,477
|
1,250
|
1,368
|
2,618
|
1,429
|
1,474
|
2,903
|
1,544
|
1,523
|
3,067
|
1,585
|
1,636
|
3,212
|
1,638
|
1,695
|
3,318
|
1,723
|
1,747
|
EBITDA
1 |
644
|
441
|
702
|
762
|
398
|
769
|
423
|
446
|
869
|
435
|
469
|
904
|
537
|
589
|
1,126
|
595
|
558
|
1,153
|
605
|
664
|
1,276
|
636.2
|
642
|
1,245
|
-
|
-
|
EBIT
1 |
446
|
243
|
473
|
540
|
265
|
535
|
307
|
323
|
630
|
299
|
298
|
597
|
385
|
437
|
822
|
423
|
372
|
795
|
442
|
495.6
|
950
|
461.7
|
455.9
|
891
|
508.4
|
509.4
|
Operating Margin
|
24.21%
|
16.17%
|
24.17%
|
26.39%
|
22.61%
|
24.04%
|
25.89%
|
25.02%
|
25.43%
|
23.92%
|
21.78%
|
22.8%
|
26.94%
|
29.65%
|
28.32%
|
27.4%
|
24.43%
|
25.92%
|
27.89%
|
30.3%
|
29.58%
|
28.19%
|
26.9%
|
26.85%
|
29.51%
|
29.15%
|
Earnings before Tax (EBT)
1 |
420.4
|
219
|
448
|
521
|
261
|
521
|
299.2
|
313.2
|
612.5
|
285
|
280.8
|
565.3
|
380.7
|
428
|
809
|
426
|
367
|
793
|
440
|
500.3
|
-
|
455.1
|
430
|
883
|
501.2
|
502.2
|
Net income
1 |
-
|
175
|
433
|
-
|
214
|
421
|
239
|
251
|
490
|
226
|
221
|
449
|
297
|
334
|
631
|
332
|
294
|
626
|
352
|
379.2
|
-
|
352.4
|
350.8
|
689
|
359.6
|
360.6
|
Net margin
|
-
|
11.64%
|
22.13%
|
-
|
18.26%
|
18.92%
|
20.15%
|
19.44%
|
19.78%
|
18.08%
|
16.15%
|
17.15%
|
20.78%
|
22.66%
|
21.74%
|
21.5%
|
19.3%
|
20.41%
|
22.21%
|
23.18%
|
-
|
21.52%
|
20.7%
|
20.77%
|
20.87%
|
20.64%
|
EPS
2 |
-
|
-
|
-
|
-
|
1.160
|
-
|
1.290
|
1.360
|
-
|
1.230
|
1.210
|
-
|
1.620
|
1.830
|
-
|
1.820
|
1.620
|
-
|
1.950
|
2.119
|
-
|
1.944
|
1.913
|
-
|
2.110
|
2.262
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
1.360
|
-
|
1.362
|
1.362
|
-
|
1.362
|
-
|
-
|
-
|
1.810
|
-
|
1.810
|
-
|
-
|
-
|
0.5896
|
-
|
0.5896
|
0.5896
|
-
|
0.7032
|
0.7032
|
Announcement Date
|
04/02/20
|
03/08/20
|
02/02/21
|
02/08/21
|
02/02/22
|
02/02/22
|
04/05/22
|
02/08/22
|
02/08/22
|
02/11/22
|
02/02/23
|
02/02/23
|
04/05/23
|
02/08/23
|
02/08/23
|
02/11/23
|
01/02/24
|
01/02/24
|
07/05/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,192
|
1,363
|
1,286
|
1,423
|
1,355
|
1,164
|
857
|
511
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.9393
x
|
1.192
x
|
0.84
x
|
0.8026
x
|
0.5946
x
|
0.4606
x
|
0.3091
x
|
0.1694
x
|
Free Cash Flow
1 |
675
|
172
|
546
|
597
|
848
|
1,037
|
1,301
|
1,401
|
ROE (net income / shareholders' equity)
|
49.2%
|
32.7%
|
41.7%
|
38.9%
|
44.3%
|
41%
|
37.6%
|
35.1%
|
ROA (Net income/ Total Assets)
|
13.6%
|
9.12%
|
12.7%
|
12.7%
|
15.8%
|
16.3%
|
16.9%
|
16.6%
|
Assets
1 |
5,149
|
6,667
|
6,563
|
7,365
|
7,940
|
8,574
|
9,142
|
10,190
|
Book Value Per Share
2 |
8.030
|
9.660
|
12.00
|
14.30
|
16.90
|
20.20
|
23.20
|
26.00
|
Cash Flow per Share
2 |
6.960
|
4.520
|
6.950
|
7.660
|
9.460
|
11.50
|
13.30
|
13.20
|
Capex
1 |
706
|
709
|
737
|
806
|
869
|
963
|
997
|
1,014
|
Capex / Sales
|
18.75%
|
20.49%
|
17.26%
|
15.82%
|
14.56%
|
14.77%
|
14.21%
|
13.58%
|
Announcement Date
|
04/02/20
|
02/02/21
|
02/02/22
|
02/02/23
|
01/02/24
|
-
|
-
|
-
|
Average target price
399.2
EUR Spread / Average Target +6.17% Consensus |