LEM HOLDING SA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,568 CHF | -2.00% |
|
+0.77% | -24.43% |
| Feb. 02 | LEM Holding SA Reports Earnings Results for the Nine Months Ended December 31, 2023 | CI |
| Feb. 02 | Lem Reports Higher Fiscal Nine-month Net Profit, Sales | MT |
Valuation
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,458 | 1,210 | 2,081 | 2,552 | 2,240 | 1,786 | - | - |
| Enterprise Value (EV) 1 | 1,454 | 1,206 | 2,082 | 2,606 | 2,285 | 1,799 | 1,790 | 1,775 |
| P/E ratio | 27.8 x | 19.9 x | 37.4 x | 35.3 x | 29.8 x | 25.9 x | 22.4 x | 19.7 x |
| Yield | 3.28% | 3.77% | 2.3% | 2.23% | 2.64% | 3.12% | 3.52% | 4.1% |
| Capitalization / Revenue | 4.53 x | 3.93 x | 6.91 x | 6.84 x | 5.51 x | 4.31 x | 4.05 x | 3.67 x |
| EV / Revenue | 4.52 x | 3.92 x | 6.92 x | 6.98 x | 5.62 x | 4.34 x | 4.06 x | 3.64 x |
| EV / EBITDA | 19.7 x | 16.6 x | 27.9 x | 25.2 x | 21.4 x | 17.4 x | 15.4 x | 13.6 x |
| EV / FCF | 37 x | 20.3 x | 55.7 x | 88.6 x | 37.6 x | 29.1 x | 24.3 x | 22.6 x |
| FCF Yield | 2.7% | 4.92% | 1.8% | 1.13% | 2.66% | 3.44% | 4.12% | 4.43% |
| Price to Book | 12.9 x | 10.3 x | 15.8 x | 15.8 x | 12.9 x | 9.74 x | 8.59 x | 7.49 x |
| Nbr of stocks (in thousands) | 1,139 | 1,139 | 1,139 | 1,139 | 1,139 | 1,139 | - | - |
| Reference price 2 | 1,280 | 1,062 | 1,826 | 2,240 | 1,966 | 1,568 | 1,568 | 1,568 |
| Announcement Date | 5/22/19 | 5/19/20 | 5/19/21 | 5/24/22 | 5/25/23 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 321.6 | 307.9 | 301 | 373.4 | 406.4 | 414.4 | 441 | 487.2 |
| EBITDA 1 | 73.85 | 72.79 | 74.64 | 103.5 | 106.8 | 103.5 | 115.9 | 131 |
| EBIT 1 | 64.8 | 58.33 | 60.9 | 88.4 | 92.2 | 86.47 | 96.95 | 110.3 |
| Operating Margin | 20.15% | 18.94% | 20.23% | 23.67% | 22.69% | 20.87% | 21.99% | 22.63% |
| Earnings before Tax (EBT) 1 | 62.25 | 55.63 | 60.9 | 85.28 | 88.92 | 79.83 | 94.33 | 107.5 |
| Net income 1 | 52.38 | 60.7 | 55.6 | 72.4 | 75.3 | 69.08 | 79.79 | 90.44 |
| Net margin | 16.29% | 19.71% | 18.47% | 19.39% | 18.53% | 16.67% | 18.09% | 18.56% |
| EPS 2 | 45.97 | 53.27 | 48.79 | 63.48 | 66.07 | 60.52 | 69.93 | 79.44 |
| Free Cash Flow 1 | 39.31 | 59.27 | 37.4 | 29.4 | 60.76 | 61.9 | 73.81 | 78.69 |
| FCF margin | 12.22% | 19.25% | 12.43% | 7.87% | 14.95% | 14.94% | 16.74% | 16.15% |
| FCF Conversion (EBITDA) | 53.22% | 81.43% | 50.11% | 28.4% | 56.91% | 59.79% | 63.67% | 60.08% |
| FCF Conversion (Net income) | 75.05% | 97.65% | 67.27% | 40.61% | 80.69% | 89.6% | 92.51% | 87.01% |
| Dividend per Share 2 | 42.00 | 40.00 | 42.00 | 50.00 | 52.00 | 48.88 | 55.24 | 64.35 |
| Announcement Date | 5/22/19 | 5/19/20 | 5/19/21 | 5/24/22 | 5/25/23 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 93.27 | 90.43 | 91.8 | 97.9 | 90.72 | 107.3 | 198.1 | 103.5 | 104.8 | 112.3 | 111 | 93.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | 21.22 | 20.88 | 22 | 24.2 | 19.48 | 26.32 | 45.75 | 22.6 | 23.9 | - | 25.5 | 17.6 |
| Operating Margin | 22.75% | 23.09% | 23.97% | 24.72% | 21.48% | 24.53% | 23.1% | 21.84% | 22.81% | - | 22.97% | 18.86% |
| Earnings before Tax (EBT) 1 | 21.05 | 20.69 | 20.17 | 23.37 | 18.2 | 24.54 | 42.74 | 22.6 | 23.53 | - | 24.03 | 14.37 |
| Net income 1 | 17.29 | 17.91 | 18.5 | 18.68 | 14.68 | 20.52 | 35.21 | 20.1 | 20 | 20.54 | 22.85 | 12 |
| Net margin | 18.53% | 19.81% | 20.15% | 19.08% | 16.18% | 19.12% | 17.78% | 19.42% | 19.08% | 18.29% | 20.59% | 12.86% |
| EPS | - | - | - | 16.38 | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | 50.00 | - | - | - | - | - | - | - | - |
| Announcement Date | 7/28/21 | 11/8/21 | 2/4/22 | 5/24/22 | 7/28/22 | 11/8/22 | 11/8/22 | 2/6/23 | 5/25/23 | 7/27/23 | 11/10/23 | 2/2/24 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1.6 | 53.5 | 45.7 | 12.9 | 4.25 | - |
| Net Cash position 1 | 4.54 | 4.1 | - | - | - | - | - | 10.8 |
| Leverage (Debt/EBITDA) | - | - | 0.0214 x | 0.5166 x | 0.4278 x | 0.125 x | 0.0366 x | - |
| Free Cash Flow 1 | 39.3 | 59.3 | 37.4 | 29.4 | 60.8 | 61.9 | 73.8 | 78.7 |
| ROE (net income / shareholders' equity) | 46.6% | 52.7% | 44.6% | 49.4% | 45% | 39.5% | 40.9% | 41.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 99.30 | 103.0 | 116.0 | 141.0 | 152.0 | 161.0 | 183.0 | 209.0 |
| Cash Flow per Share 2 | - | - | 44.70 | 44.30 | - | 55.40 | 58.60 | 66.90 |
| Capex 1 | 14.2 | 14.3 | 13.2 | 20.8 | 26.2 | 24.7 | 21.7 | 22.8 |
| Capex / Sales | 4.43% | 4.66% | 4.38% | 5.56% | 6.45% | 5.96% | 4.93% | 4.68% |
| Announcement Date | 5/22/19 | 5/19/20 | 5/19/21 | 5/24/22 | 5/25/23 | - | - | - |
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
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
1,568
CHF
Average target price
2,113
CHF
Spread / Average Target
+34.77%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -24.43% | 1.95B | |
| +65.17% | 6.59B | |
| -4.91% | 3.36B | |
| +20.42% | 3.33B | |
| -11.91% | 2.1B | |
| -1.56% | 1.77B | |
| -16.81% | 1.17B | |
| +6.59% | 1.02B | |
| -18.66% | 906M | |
| -23.52% | 857M |
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- LEHN Stock
- Financials LEM Holding SA
