Market Closed -
London S.E.
14:13:14 12/03/2024 GMT
|
5-day change
|
1st Jan Change
|
67.83
CHF
|
+28.34%
|
|
+11.01%
|
+10.88%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,024
|
4,667
|
5,669
|
4,632
|
5,003
|
5,049
|
-
|
-
|
Enterprise Value (EV)
1 |
4,256
|
4,784
|
5,723
|
4,473
|
6,882
|
6,841
|
6,663
|
6,402
|
P/E ratio
|
23.4
x
|
40.7
x
|
26.6
x
|
16.8
x
|
21.3
x
|
17.2
x
|
14.5
x
|
12.9
x
|
Yield
|
2.54%
|
1.32%
|
1.44%
|
2.3%
|
2.13%
|
2.25%
|
2.42%
|
2.61%
|
Capitalization / Revenue
|
1.08
x
|
1.47
x
|
1.52
x
|
1.16
x
|
1.24
x
|
1
x
|
0.96
x
|
0.93
x
|
EV / Revenue
|
1.14
x
|
1.5
x
|
1.54
x
|
1.12
x
|
1.71
x
|
1.35
x
|
1.27
x
|
1.17
x
|
EV / EBITDA
|
11.4
x
|
16
x
|
13.9
x
|
8.82
x
|
13.5
x
|
10.5
x
|
9.48
x
|
8.47
x
|
EV / FCF
|
30.4
x
|
24.3
x
|
37.4
x
|
27.8
x
|
51.7
x
|
33
x
|
20.9
x
|
17.9
x
|
FCF Yield
|
3.29%
|
4.12%
|
2.67%
|
3.6%
|
1.93%
|
3.03%
|
4.78%
|
5.59%
|
Price to Book
|
2.88
x
|
3.45
x
|
3.85
x
|
2.89
x
|
-114
x
|
3.02
x
|
2.48
x
|
2.21
x
|
Nbr of stocks (in thousands)
|
81,866
|
81,875
|
81,864
|
81,832
|
81,886
|
81,905
|
-
|
-
|
Reference price
2 |
49.15
|
57.00
|
69.25
|
56.60
|
61.10
|
61.65
|
61.65
|
61.65
|
Announcement Date
|
26/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
19/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,720
|
3,184
|
3,722
|
3,998
|
4,026
|
5,063
|
5,257
|
5,456
|
EBITDA
1 |
374
|
299
|
412
|
507
|
511
|
650.1
|
702.7
|
756
|
EBIT
1 |
281
|
185
|
278
|
391
|
365
|
488.9
|
540.4
|
590.7
|
Operating Margin
|
7.55%
|
5.81%
|
7.47%
|
9.78%
|
9.07%
|
9.66%
|
10.28%
|
10.83%
|
Earnings before Tax (EBT)
1 |
203
|
143
|
253
|
354
|
313
|
411.3
|
469.8
|
522.5
|
Net income
1 |
173
|
116
|
214
|
276
|
235
|
294.1
|
348.6
|
391.8
|
Net margin
|
4.65%
|
3.64%
|
5.75%
|
6.9%
|
5.84%
|
5.81%
|
6.63%
|
7.18%
|
EPS
2 |
2.100
|
1.400
|
2.600
|
3.370
|
2.870
|
3.586
|
4.252
|
4.782
|
Free Cash Flow
1 |
140
|
197
|
153
|
161
|
133
|
207.5
|
318.8
|
358
|
FCF margin
|
3.76%
|
6.19%
|
4.11%
|
4.03%
|
3.3%
|
4.1%
|
6.06%
|
6.56%
|
FCF Conversion (EBITDA)
|
37.43%
|
65.89%
|
37.14%
|
31.76%
|
26.03%
|
31.92%
|
45.36%
|
47.36%
|
FCF Conversion (Net income)
|
80.92%
|
169.83%
|
71.5%
|
58.33%
|
56.6%
|
70.55%
|
91.43%
|
91.36%
|
Dividend per Share
2 |
1.250
|
0.7500
|
1.000
|
1.300
|
1.300
|
1.386
|
1.493
|
1.608
|
Announcement Date
|
26/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
19/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
1,528
|
1,656
|
1,835
|
1,887
|
1,971
|
2,027
|
1,961
|
2,065
|
EBITDA
|
118
|
-
|
209
|
-
|
240
|
-
|
239
|
-
|
EBIT
1 |
57
|
121
|
141
|
137
|
179
|
-
|
184
|
181
|
Operating Margin
|
3.73%
|
7.31%
|
7.68%
|
7.26%
|
9.08%
|
-
|
9.38%
|
8.77%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
150
|
Net income
1 |
34
|
-
|
108
|
-
|
125
|
-
|
123
|
112
|
Net margin
|
2.23%
|
-
|
5.89%
|
-
|
6.34%
|
-
|
6.27%
|
5.42%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
21/07/20
|
03/03/21
|
21/07/21
|
02/03/22
|
20/07/22
|
01/03/23
|
20/07/23
|
19/03/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
232
|
117
|
54
|
-
|
1,879
|
1,791
|
1,614
|
1,353
|
Net Cash position
1 |
-
|
-
|
-
|
159
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6203
x
|
0.3913
x
|
0.1311
x
|
-
|
3.677
x
|
2.756
x
|
2.296
x
|
1.789
x
|
Free Cash Flow
1 |
140
|
197
|
153
|
161
|
133
|
208
|
319
|
358
|
ROE (net income / shareholders' equity)
|
12%
|
8%
|
13.8%
|
17.8%
|
30.2%
|
18.3%
|
17.6%
|
17.6%
|
ROA (Net income/ Total Assets)
|
-
|
3.42%
|
5.93%
|
-
|
-
|
-
|
-
|
-
|
Assets
1 |
-
|
3,394
|
3,606
|
-
|
-
|
-
|
-
|
-
|
Book Value Per Share
2 |
17.10
|
16.50
|
18.00
|
19.60
|
-0.5400
|
20.40
|
24.80
|
27.90
|
Cash Flow per Share
2 |
3.880
|
4.130
|
3.520
|
3.980
|
4.120
|
3.930
|
5.390
|
6.300
|
Capex
1 |
178
|
145
|
135
|
165
|
205
|
200
|
186
|
181
|
Capex / Sales
|
4.78%
|
4.55%
|
3.63%
|
4.13%
|
5.09%
|
3.94%
|
3.54%
|
3.32%
|
Announcement Date
|
26/02/20
|
03/03/21
|
02/03/22
|
01/03/23
|
19/03/24
|
-
|
-
|
-
|
Last Close Price
61.65
CHF Average target price
75
CHF Spread / Average Target +21.65% Consensus |