CARLO GAVAZZI HOLDING AG |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 309.5 CHF | +3.17% |
|
-1.64% | -6.25% |
Valuation
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 181.2 | 145 | 136.8 | 198.3 | 220.3 | 223.9 | - | - |
| Enterprise Value (EV) 1 | 133.4 | 105.3 | 82.86 | 138.6 | 177.3 | 129.5 | 119 | 109.7 |
| P/E ratio | - | - | - | - | - | - | - | - |
| Yield | 4.71% | - | 6.23% | 4.3% | 3.87% | 3.81% | 3.97% | 3.97% |
| Capitalization / Revenue | 1.17 x | 0.98 x | 0.92 x | 1.08 x | 1.05 x | 1.19 x | 1.16 x | 1.08 x |
| EV / Revenue | 0.86 x | 0.71 x | 0.56 x | 0.76 x | 0.85 x | 0.69 x | 0.62 x | 0.53 x |
| EV / EBITDA | 7.14 x | 6.23 x | 3.57 x | 3.76 x | 3.95 x | 3.78 x | 3.59 x | 3.23 x |
| EV / FCF | 20.2 x | 9.48 x | 4.61 x | 7.7 x | - | 4.63 x | 6.54 x | 6.13 x |
| FCF Yield | 4.95% | 10.5% | 21.7% | 13% | - | 21.6% | 15.3% | 16.3% |
| Price to Book | 1.86 x | 1.61 x | 1.29 x | 1.71 x | 1.67 x | 1.44 x | 1.32 x | 1.23 x |
| Nbr of stocks (in thousands) | 711 | 711 | 711 | 711 | 711 | 710.7 | - | - |
| Reference price 2 | 255.0 | 204.0 | 192.5 | 279.0 | 310.0 | 315.0 | 315.0 | 315.0 |
| Announcement Date | 6/28/19 | 6/25/20 | 6/24/21 | 6/24/22 | 6/23/23 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: März | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 155 | 148.5 | 148.2 | 183.4 | 209.6 | 187.8 | 193.4 | 206.8 |
| EBITDA 1 | 18.7 | 16.9 | 23.2 | 36.9 | 44.9 | 34.29 | 33.13 | 33.94 |
| EBIT 1 | 15.22 | 10.8 | 17.3 | 31.05 | 39.3 | 28.67 | 27.57 | 28.91 |
| Operating Margin | 9.82% | 7.27% | 11.67% | 16.93% | 18.75% | 15.27% | 14.26% | 13.98% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 6.6 | 11.11 | 17.99 | 18 | - | 28 | 18.2 | 17.9 |
| FCF margin | 4.26% | 7.48% | 12.14% | 9.82% | - | 14.91% | 9.41% | 8.66% |
| FCF Conversion (EBITDA) | 35.29% | 65.74% | 77.55% | 48.79% | - | 81.66% | 54.93% | 52.74% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 12.00 | - | 12.00 | 12.00 | 12.00 | 12.00 | 12.50 | 12.50 |
| Announcement Date | 6/28/19 | 6/25/20 | 6/24/21 | 6/24/22 | 6/23/23 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 S1 | 2022 S1 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 69.28 | 92.61 | 104.7 | 104.9 | 97.51 | 74.5 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | 5.273 | 15.88 | 19.52 | 19.78 | 16.36 | 7.6 |
| Operating Margin | 7.61% | 17.14% | 18.64% | 18.86% | 16.78% | 10.2% |
| Earnings before Tax (EBT) | - | - | - | - | 16.59 | - |
| Net income | - | - | - | - | 12.34 | - |
| Net margin | - | - | - | - | 12.65% | - |
| EPS | - | - | - | - | - | - |
| Dividend per Share | - | - | 12.00 | - | - | - |
| Announcement Date | 11/26/20 | 11/25/21 | 11/24/22 | 6/23/23 | 11/23/23 | - |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 47.8 | 39.7 | 54 | 59.7 | 43 | 94.3 | 105 | 114 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 6.6 | 11.1 | 18 | 18 | - | 28 | 18.2 | 17.9 |
| ROE (net income / shareholders' equity) | 10.9% | 6.47% | 12.3% | 19% | 21.4% | 16.5% | 15% | 13.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 137.0 | 127.0 | 149.0 | 163.0 | 186.0 | 219.0 | 238.0 | 255.0 |
| Cash Flow per Share 2 | 25.80 | 38.10 | 54.10 | 52.20 | 35.90 | 49.40 | 45.30 | 45.20 |
| Capex 1 | 3.57 | - | - | - | - | 2.56 | 2.69 | 2.96 |
| Capex / Sales | 2.3% | - | - | - | - | 1.36% | 1.39% | 1.43% |
| Announcement Date | 6/28/19 | 6/25/20 | 6/24/21 | 6/24/22 | 6/23/23 | - | - | - |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
315
CHF
Average target price
380
CHF
Spread / Average Target
+20.63%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -6.25% | 246M | |
| +3.12% | 148B | |
| +27.85% | 140B | |
| +39.83% | 135B | |
| +16.82% | 65.04B | |
| +2.57% | 39.15B | |
| +106.39% | 37.11B | |
| +7.72% | 32.66B | |
| -12.92% | 30.82B | |
| +7.70% | 28.99B |
- Stock Market
- Equities
- GAV Stock
- Financials Carlo Gavazzi Holding AG