Company Valuation: Swisscom AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 24,715 26,657 26,243 26,212 26,134 28,439 - -
Change - 7.86% -1.55% -0.12% -0.3% 8.82% - -
Enterprise Value (EV) 1 32,921 34,363 33,617 33,283 41,731 44,113 45,675 45,413
Change - 4.38% -2.17% -0.99% 25.38% 5.71% 3.54% -0.57%
P/E ratio 16.2x 14.5x 16.4x 15.3x 16.9x 21.8x 20.3x 18x
PBR 2.6x 2.47x 2.35x 2.26x 2.15x 2.31x 2.35x 2.27x
PEG - 0.7x -1.3x 2.25x -1.71x -1.4x 2.73x 1.4x
Capitalization / Revenue 2.23x 2.38x 2.36x 2.37x 2.37x 1.89x 1.9x 1.9x
EV / Revenue 2.97x 3.07x 3.03x 3.01x 3.78x 2.92x 3.06x 3.04x
EV / EBITDA 7.51x 7.66x 7.63x 7.2x 9.58x 6.66x 6.8x 6.57x
EV / EBIT 16.9x 16.6x 16.5x 15.1x 21.4x 21.9x 21.6x 19.6x
EV / FCF 17.9x 19.5x 24.9x 22.5x 29x 34.7x 33.2x 30.3x
FCF Yield 5.59% 5.12% 4.01% 4.45% 3.44% 2.88% 3.02% 3.3%
Dividend per Share 2 22 22 22 22 22 25.49 26.2 27.01
Rate of return 4.61% 4.28% 4.34% 4.35% 4.36% 4.64% 4.77% 4.92%
EPS 2 29.54 35.37 30.93 33.03 29.77 25.22 27.1 30.52
Distribution rate 74.5% 62.2% 71.1% 66.6% 73.9% 101% 96.7% 88.5%
Net sales 1 11,100 11,183 11,112 11,072 11,036 15,081 14,946 14,930
EBITDA 1 4,382 4,484 4,406 4,622 4,355 6,619 6,721 6,912
EBIT 1 1,947 2,066 2,040 2,205 1,951 2,017 2,119 2,312
Net income 1 1,530 1,832 1,602 1,711 1,541 1,380 1,427 1,554
Net Debt 1 8,206 7,706 7,374 7,071 15,597 15,673 17,236 16,974
Reference price 2 477.10 514.60 506.60 506.00 504.50 549.00 549.00 549.00
Nbr of stocks (in thousands) 51,802 51,802 51,802 51,802 51,802 51,802 - -
Announcement Date 04/02/21 03/02/22 08/02/23 07/02/24 13/02/25 - - -
1CHF in Million2CHF
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.77x2.92x6.66x4.64% 35.8B
11.7x1.38x4.27x6.33% 242B
8.82x2.23x6.14x6.8% 170B
14.48x2.17x5.74x3.71% 150B
13.35x0.94x3.41x5.51% 84.67B
11.83x1.71x6.96x3.43% 82.11B
13.42x1.93x4.89x3.39% 64.44B
27.04x5.72x20.67x4.08% 58.22B
14.35x2.67x8.48x5.1% 57.63B
11.84x2.69x6.11x4.65% 43.8B
Average 14.86x 2.44x 7.33x 4.76% 98.83B
Weighted average by Cap. 13.32x 2.12x 6.38x 5.17%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield