SONOVA HOLDING AG |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 286.9 CHF | -0.52% |
|
+1.52% | +4.70% |
| May. 14 | Global markets live: Apple, Sony, Vodafone, Booking, Walmart... |  |
| May. 14 | SONOVA HOLDING : In-line operational performance; markets focus on planned product launches |  |
Valuation
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 11,231 | 15,781 | 24,153 | 16,147 | 15,568 | 17,192 | - | - |
| Enterprise Value (EV) 1 | 11,894 | 15,864 | 25,161 | 17,643 | 16,928 | 18,483 | 18,363 | 18,215 |
| P/E ratio | 23 x | 27.2 x | 37.4 x | 25.1 x | 26 x | 27.2 x | 23.6 x | 21.2 x |
| Yield | 1.66% | 1.28% | 1.14% | 1.71% | 1.65% | 1.6% | 1.76% | 1.96% |
| Capitalization / Revenue | 3.85 x | 6.07 x | 7.18 x | 4.32 x | 4.29 x | 4.35 x | 4.06 x | 3.78 x |
| EV / Revenue | 4.08 x | 6.1 x | 7.48 x | 4.72 x | 4.67 x | 4.68 x | 4.34 x | 4.01 x |
| EV / EBITDA | 16.7 x | 18.8 x | 25.9 x | 17.9 x | 18.5 x | 17.7 x | 16.1 x | 14.4 x |
| EV / FCF | 21.1 x | 23.5 x | 30.2 x | 28 x | 27.1 x | 30 x | 22.9 x | 20.4 x |
| FCF Yield | 4.74% | 4.26% | 3.32% | 3.57% | 3.69% | 3.33% | 4.37% | 4.9% |
| Price to Book | 5.41 x | 5.74 x | 9.82 x | 7.34 x | 6.32 x | 6.7 x | 6.02 x | 5.63 x |
| Nbr of stocks (in thousands) | 64,398 | 63,024 | 62,313 | 60,116 | 59,626 | 59,613 | - | - |
| Reference price 2 | 174.4 | 250.4 | 387.6 | 268.6 | 261.1 | 288.4 | 288.4 | 288.4 |
| Announcement Date | 5/19/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/13/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,917 | 2,602 | 3,364 | 3,738 | 3,627 | 3,953 | 4,235 | 4,543 |
| EBITDA 1 | 710.1 | 842.2 | 971.1 | 986.4 | 916.1 | 1,044 | 1,144 | 1,265 |
| EBIT 1 | 510 | 619.5 | 760 | 746.7 | 669.9 | 806.2 | 899.3 | 994.9 |
| Operating Margin | 17.48% | 23.81% | 22.59% | 19.97% | 18.47% | 20.4% | 21.23% | 21.9% |
| Earnings before Tax (EBT) 1 | 502.4 | 600.4 | 728.2 | 715.6 | 647.3 | 777.6 | 886.4 | 977 |
| Net income 1 | 483.2 | 581 | 649 | 647.5 | 601 | 624.9 | 705.5 | 772.2 |
| Net margin | 16.56% | 22.33% | 19.29% | 17.32% | 16.57% | 15.81% | 16.66% | 17% |
| EPS 2 | 7.570 | 9.190 | 10.35 | 10.72 | 10.05 | 10.61 | 12.21 | 13.63 |
| Free Cash Flow 1 | 563.7 | 675.2 | 834.5 | 629.6 | 624.7 | 615.2 | 803.3 | 893.2 |
| FCF margin | 19.32% | 25.95% | 24.81% | 16.84% | 17.22% | 15.56% | 18.97% | 19.66% |
| FCF Conversion (EBITDA) | 79.38% | 80.17% | 85.93% | 63.83% | 68.19% | 58.95% | 70.24% | 70.61% |
| FCF Conversion (Net income) | 116.66% | 116.21% | 128.58% | 97.24% | 103.94% | 98.45% | 113.86% | 115.66% |
| Dividend per Share 2 | 2.900 | 3.200 | 4.400 | 4.600 | 4.300 | 4.620 | 5.088 | 5.660 |
| Announcement Date | 5/19/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/13/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,491 | 1,070 | 1,532 | 1,604 | 1,760 | 1,847 | 1,892 | 1,753 | 1,874 |
| EBITDA | 368.7 | 327.7 | 514.5 | 477 | 494.1 | 482.8 | - | - | - |
| EBIT 1 | 268.8 | 230 | 389.5 | 372.2 | 387.8 | 363.8 | 382.9 | 350 | 319.9 |
| Operating Margin | 18.03% | 21.5% | 25.42% | 23.21% | 22.03% | 19.7% | 20.24% | 19.97% | 17.07% |
| Earnings before Tax (EBT) 1 | 266.4 | 219.8 | - | 353 | - | 350.5 | 365.1 | 293.7 | 353.6 |
| Net income 1 | 127.8 | 204.1 | 376.9 | 294.8 | 354.2 | 291.9 | 355.6 | 249.6 | 351.4 |
| Net margin | 8.57% | 19.08% | 24.6% | 18.38% | 20.12% | 15.81% | 18.8% | 14.24% | 18.75% |
| EPS 2 | 2.050 | 3.230 | 5.960 | 4.660 | 5.690 | - | 5.940 | 4.110 | 5.940 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 5/19/20 | 11/16/20 | 5/18/21 | 11/15/21 | 5/17/22 | 11/14/22 | 5/16/23 | 11/21/23 | 5/13/24 |
1CHF in Million2CHF
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 663 | 83.3 | 1,008 | 1,496 | 1,360 | 1,291 | 1,171 | 1,022 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9337 x | 0.0989 x | 1.038 x | 1.517 x | 1.484 x | 1.237 x | 1.024 x | 0.8081 x |
| Free Cash Flow 1 | 564 | 675 | 835 | 630 | 625 | 615 | 803 | 893 |
| ROE (net income / shareholders' equity) | 22.1% | 24.4% | 25.2% | 29.1% | 25.7% | 25.9% | 26.5% | 26.2% |
| ROA (Net income/ Total Assets) | 11% | 11.2% | 11.3% | 12.1% | 10.6% | 11.9% | 13% | 13.3% |
| Assets 1 | 4,389 | 5,206 | 5,757 | 5,357 | 5,667 | 5,265 | 5,438 | 5,795 |
| Book Value Per Share 2 | 32.20 | 43.60 | 39.50 | 36.60 | 41.30 | 43.10 | 47.90 | 51.20 |
| Cash Flow per Share 2 | 13.20 | 12.10 | 15.00 | 13.00 | 12.60 | 13.50 | 15.70 | 17.20 |
| Capex 1 | 129 | 89.2 | 107 | 154 | 129 | 147 | 156 | 162 |
| Capex / Sales | 4.42% | 3.43% | 3.17% | 4.13% | 3.55% | 3.73% | 3.68% | 3.58% |
| Announcement Date | 5/19/20 | 5/18/21 | 5/17/22 | 5/16/23 | 5/13/24 | - | - | - |
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
A
Sell
Buy
Mean consensus
HOLD
Number of Analysts
17
Last Close Price
288.4
CHF
Average target price
280.9
CHF
Spread / Average Target
-2.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +5.10% | 19.18B | |
| +11.18% | 14.32B | |
| +12.84% | 10.53B | |
| +42.34% | 1.97B | |
| -3.83% | 1.63B | |
| +9.55% | 1.34B | |
| +3.95% | 542M | |
| 0.00% | 407M | |
| +57.45% | 182M | |
| +20.04% | 95.85M |
- Stock Market
- Equities
- SOON Stock
- Financials Sonova Holding AG
