Market Closed -
Swiss Exchange
16:31:30 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
468.7
CHF
|
+2.72%
|
|
+2.09%
|
+11.20%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,904
|
6,621
|
13,628
|
7,580
|
12,637
|
14,051
|
-
|
-
|
Enterprise Value (EV)
1 |
5,048
|
6,750
|
13,708
|
7,617
|
12,637
|
14,136
|
14,070
|
13,990
|
P/E ratio
|
65.7
x
|
49.6
x
|
62.8
x
|
24.7
x
|
66.5
x
|
61
x
|
43.5
x
|
35.3
x
|
Yield
|
2.45%
|
2.04%
|
1.21%
|
2.47%
|
-
|
1.38%
|
1.57%
|
1.79%
|
Capitalization / Revenue
|
8.6
x
|
9.56
x
|
15.1
x
|
6.62
x
|
14.3
x
|
13.8
x
|
11
x
|
9.24
x
|
EV / Revenue
|
8.85
x
|
9.75
x
|
15.2
x
|
6.65
x
|
14.3
x
|
13.8
x
|
11
x
|
9.2
x
|
EV / EBITDA
|
32.8
x
|
31.1
x
|
44.5
x
|
19
x
|
46.6
x
|
42.6
x
|
31.3
x
|
25.9
x
|
EV / FCF
|
36.1
x
|
46
x
|
69.6
x
|
33.4
x
|
-
|
74.7
x
|
52.6
x
|
42.5
x
|
FCF Yield
|
2.77%
|
2.18%
|
1.44%
|
3%
|
-
|
1.34%
|
1.9%
|
2.35%
|
Price to Book
|
9.37
x
|
11.9
x
|
21.5
x
|
9.72
x
|
-
|
17.7
x
|
15.3
x
|
13.1
x
|
Nbr of stocks (in thousands)
|
29,985
|
29,987
|
29,992
|
29,986
|
29,982
|
29,980
|
-
|
-
|
Reference price
2 |
163.6
|
220.8
|
454.4
|
252.8
|
421.5
|
468.7
|
468.7
|
468.7
|
Announcement Date
|
03/03/20
|
04/03/21
|
03/03/22
|
02/03/23
|
05/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
570.4
|
692.4
|
901.2
|
1,146
|
885.3
|
1,022
|
1,283
|
1,521
|
EBITDA
1 |
154
|
217.2
|
307.9
|
400.4
|
270.9
|
331.9
|
449.4
|
541
|
EBIT
1 |
107.7
|
176.3
|
264.9
|
359.4
|
228.6
|
285.9
|
397.1
|
484.5
|
Operating Margin
|
18.89%
|
25.46%
|
29.39%
|
31.37%
|
25.82%
|
27.98%
|
30.96%
|
31.85%
|
Earnings before Tax (EBT)
1 |
99
|
160.7
|
257.7
|
356.4
|
207.1
|
272.8
|
390.1
|
483.2
|
Net income
1 |
74.8
|
133.5
|
217.4
|
306.8
|
190.3
|
230.6
|
324.1
|
398.3
|
Net margin
|
13.11%
|
19.27%
|
24.12%
|
26.78%
|
21.5%
|
22.57%
|
25.26%
|
26.19%
|
EPS
2 |
2.490
|
4.450
|
7.240
|
10.23
|
6.340
|
7.682
|
10.77
|
13.28
|
Free Cash Flow
1 |
139.9
|
146.9
|
196.8
|
228.2
|
-
|
189.2
|
267.6
|
329.2
|
FCF margin
|
24.53%
|
21.21%
|
21.84%
|
19.92%
|
-
|
18.52%
|
20.87%
|
21.64%
|
FCF Conversion (EBITDA)
|
90.84%
|
67.63%
|
63.92%
|
56.99%
|
-
|
57.01%
|
59.56%
|
60.85%
|
FCF Conversion (Net income)
|
187.03%
|
110.04%
|
90.53%
|
74.38%
|
-
|
82.07%
|
82.59%
|
82.65%
|
Dividend per Share
2 |
4.000
|
4.500
|
5.500
|
6.250
|
-
|
6.465
|
7.372
|
8.371
|
Announcement Date
|
03/03/20
|
04/03/21
|
03/03/22
|
02/03/23
|
05/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q4
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 S2
|
2024 Q1
|
2024 Q2
|
---|
Net sales
1 |
307.4
|
318.9
|
373.5
|
416.4
|
229.4
|
484.8
|
263
|
285.9
|
549
|
291
|
596.5
|
221
|
453.8
|
431.5
|
209.5
|
251
|
EBITDA
|
88.09
|
94.76
|
122.4
|
141.2
|
-
|
166.7
|
-
|
-
|
192.1
|
-
|
208.3
|
-
|
132.4
|
138.5
|
-
|
-
|
EBIT
|
64.78
|
74.4
|
101.9
|
121
|
-
|
143.9
|
-
|
-
|
172
|
-
|
187.4
|
-
|
111.7
|
116.9
|
-
|
-
|
Operating Margin
|
21.07%
|
23.33%
|
27.27%
|
29.06%
|
-
|
29.68%
|
-
|
-
|
31.33%
|
-
|
31.41%
|
-
|
24.61%
|
27.09%
|
-
|
-
|
Earnings before Tax (EBT)
|
60.62
|
64.49
|
96.19
|
118.1
|
-
|
139.6
|
-
|
-
|
172.1
|
-
|
184.4
|
-
|
100.4
|
106.7
|
-
|
-
|
Net income
|
49.92
|
55.73
|
77.73
|
99.2
|
-
|
118.2
|
-
|
-
|
147.6
|
-
|
159.2
|
-
|
84.2
|
106.1
|
-
|
-
|
Net margin
|
16.24%
|
17.47%
|
20.81%
|
23.82%
|
-
|
24.38%
|
-
|
-
|
26.89%
|
-
|
26.69%
|
-
|
18.55%
|
24.59%
|
-
|
-
|
EPS
|
1.660
|
1.860
|
2.590
|
3.310
|
-
|
3.930
|
-
|
-
|
4.920
|
-
|
5.310
|
-
|
2.810
|
3.530
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
03/03/20
|
06/08/20
|
04/03/21
|
05/08/21
|
15/10/21
|
03/03/22
|
14/04/22
|
04/08/22
|
04/08/22
|
02/03/23
|
02/03/23
|
27/07/23
|
27/07/23
|
05/03/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
144
|
129
|
79.7
|
36.8
|
-
|
84.1
|
18.7
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
61.6
|
Leverage (Debt/EBITDA)
|
0.937
x
|
0.5917
x
|
0.2589
x
|
0.0919
x
|
-
|
0.2535
x
|
0.0416
x
|
-
|
Free Cash Flow
1 |
140
|
147
|
197
|
228
|
-
|
189
|
268
|
329
|
ROE (net income / shareholders' equity)
|
13.8%
|
24.7%
|
36.6%
|
43.4%
|
-
|
29.6%
|
35.9%
|
39.1%
|
ROA (Net income/ Total Assets)
|
7.71%
|
13.5%
|
21%
|
26.2%
|
-
|
17.5%
|
23.8%
|
23.3%
|
Assets
1 |
970.1
|
987.1
|
1,033
|
1,170
|
-
|
1,321
|
1,359
|
1,709
|
Book Value Per Share
2 |
17.50
|
18.50
|
21.10
|
26.00
|
-
|
26.50
|
30.70
|
35.90
|
Cash Flow per Share
2 |
5.260
|
5.760
|
7.980
|
9.800
|
-
|
8.050
|
11.00
|
13.30
|
Capex
1 |
18.1
|
25.9
|
43
|
66.2
|
-
|
75.3
|
71.4
|
78.7
|
Capex / Sales
|
3.18%
|
3.75%
|
4.77%
|
5.78%
|
-
|
7.37%
|
5.57%
|
5.18%
|
Announcement Date
|
03/03/20
|
04/03/21
|
03/03/22
|
02/03/23
|
05/03/24
|
-
|
-
|
-
|
Last Close Price
468.7
CHF Average target price
456.3
CHF Spread / Average Target -2.64% Consensus |
1st Jan change
|
Capi.
|
---|
| +11.20% | 15.36B | | +22.19% | 8.24B | | -3.28% | 6.73B | | +35.50% | 1.97B | | +0.49% | 1.51B | | +26.34% | 975M | | +0.92% | 845M | | +9.29% | 751M | | -5.19% | 675M | | -20.92% | 402M |
Industrial Valve Manufacturing
|