Market Closed -
Swiss Exchange
11:31:30 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
240
CHF
|
+1.35%
|
|
+0.84%
|
-8.19%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
267,779
|
264,244
|
306,810
|
259,166
|
197,073
|
178,218
|
-
|
-
|
Enterprise Value (EV)
1 |
270,284
|
266,126
|
324,977
|
274,750
|
215,772
|
192,457
|
186,384
|
179,905
|
P/E ratio
|
20.1
x
|
18.7
x
|
23.4
x
|
18.9
x
|
17.1
x
|
13
x
|
11.8
x
|
10.9
x
|
Yield
|
2.87%
|
2.94%
|
2.45%
|
3.27%
|
3.93%
|
4.4%
|
4.55%
|
4.69%
|
Capitalization / Revenue
|
4.36
x
|
4.53
x
|
4.89
x
|
4.1
x
|
3.36
x
|
2.97
x
|
2.79
x
|
2.68
x
|
EV / Revenue
|
4.4
x
|
4.56
x
|
5.17
x
|
4.34
x
|
3.67
x
|
3.21
x
|
2.92
x
|
2.7
x
|
EV / EBITDA
|
10.6
x
|
11
x
|
13.2
x
|
11
x
|
9.82
x
|
8.45
x
|
7.6
x
|
6.98
x
|
EV / FCF
|
16.1
x
|
24.3
x
|
20.7
x
|
21.1
x
|
19.1
x
|
14.2
x
|
12.5
x
|
11.4
x
|
FCF Yield
|
6.2%
|
4.11%
|
4.83%
|
4.75%
|
5.23%
|
7.02%
|
7.99%
|
8.74%
|
Price to Book
|
8.28
x
|
7.27
x
|
13.2
x
|
8.29
x
|
5.91
x
|
5.01
x
|
4.19
x
|
3.54
x
|
Nbr of stocks (in thousands)
|
856,061
|
854,642
|
800,952
|
854,579
|
798,652
|
797,242
|
-
|
-
|
Reference price
2 |
314.0
|
309.0
|
379.1
|
290.5
|
244.5
|
221.0
|
221.0
|
221.0
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
61,466
|
58,323
|
62,801
|
63,281
|
58,716
|
60,042
|
63,835
|
66,528
|
EBITDA
1 |
25,419
|
24,281
|
24,692
|
25,015
|
21,976
|
22,783
|
24,534
|
25,759
|
EBIT
1 |
22,479
|
21,536
|
21,897
|
22,173
|
19,240
|
20,179
|
21,933
|
23,011
|
Operating Margin
|
36.57%
|
36.93%
|
34.87%
|
35.04%
|
32.77%
|
33.61%
|
34.36%
|
34.59%
|
Earnings before Tax (EBT)
1 |
16,614
|
17,965
|
17,398
|
16,327
|
14,079
|
18,112
|
19,880
|
21,224
|
Net income
1 |
13,497
|
14,295
|
13,930
|
12,421
|
11,498
|
13,314
|
14,753
|
15,780
|
Net margin
|
21.96%
|
24.51%
|
22.18%
|
19.63%
|
19.58%
|
22.18%
|
23.11%
|
23.72%
|
EPS
2 |
15.62
|
16.52
|
16.20
|
15.37
|
14.31
|
17.01
|
18.75
|
20.24
|
Free Cash Flow
1 |
16,764
|
10,943
|
15,691
|
13,041
|
11,288
|
13,514
|
14,898
|
15,727
|
FCF margin
|
27.27%
|
18.76%
|
24.99%
|
20.61%
|
19.22%
|
22.51%
|
23.34%
|
23.64%
|
FCF Conversion (EBITDA)
|
65.95%
|
45.07%
|
63.55%
|
52.13%
|
51.37%
|
59.32%
|
60.72%
|
61.05%
|
FCF Conversion (Net income)
|
124.21%
|
76.55%
|
112.64%
|
104.99%
|
98.17%
|
101.5%
|
100.98%
|
99.66%
|
Dividend per Share
2 |
9.000
|
9.100
|
9.300
|
9.500
|
9.600
|
9.725
|
10.06
|
10.36
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
30,997
|
29,281
|
29,042
|
30,713
|
15,971
|
16,117
|
32,088
|
16,445
|
15,850
|
32,295
|
14,742
|
16,244
|
30,986
|
15,322
|
14,457
|
29,779
|
14,274
|
28,937
|
14,399
|
14,540
|
29,055
|
14,690
|
15,015
|
29,705
|
15,320
|
30,630
|
30,615
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
10,116
|
11,766
|
9,770
|
11,652
|
-
|
-
|
10,245
|
-
|
-
|
12,668
|
-
|
-
|
9,505
|
-
|
-
|
10,911
|
-
|
8,329
|
-
|
-
|
10,443
|
-
|
-
|
9,916
|
-
|
-
|
-
|
Operating Margin
|
32.64%
|
40.18%
|
33.64%
|
37.94%
|
-
|
-
|
31.93%
|
-
|
-
|
39.23%
|
-
|
-
|
30.68%
|
-
|
-
|
36.64%
|
-
|
28.78%
|
-
|
-
|
35.94%
|
-
|
-
|
33.38%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
6,260
|
10,181
|
7,784
|
9,887
|
-
|
-
|
7,511
|
-
|
-
|
10,985
|
-
|
-
|
5,342
|
-
|
-
|
9,174
|
-
|
4,905
|
-
|
-
|
9,047
|
-
|
-
|
9,593
|
-
|
-
|
-
|
Net income
|
4,878
|
8,079
|
6,216
|
7,803
|
-
|
-
|
6,127
|
-
|
-
|
8,530
|
-
|
-
|
3,891
|
-
|
-
|
7,137
|
-
|
4,361
|
-
|
-
|
6,723
|
-
|
-
|
7,251
|
-
|
-
|
-
|
Net margin
|
15.74%
|
27.59%
|
21.4%
|
25.41%
|
-
|
-
|
19.09%
|
-
|
-
|
26.41%
|
-
|
-
|
12.56%
|
-
|
-
|
23.97%
|
-
|
15.07%
|
-
|
-
|
23.14%
|
-
|
-
|
24.41%
|
-
|
-
|
-
|
EPS
|
5.630
|
9.320
|
7.200
|
9.050
|
-
|
-
|
7.150
|
-
|
-
|
10.54
|
-
|
-
|
4.830
|
-
|
-
|
8.870
|
-
|
5.440
|
-
|
-
|
8.370
|
-
|
-
|
9.040
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
1/30/20
|
7/23/20
|
2/4/21
|
7/22/21
|
10/20/21
|
2/3/22
|
2/3/22
|
4/25/22
|
7/21/22
|
7/21/22
|
10/18/22
|
2/2/23
|
2/2/23
|
4/27/23
|
7/27/23
|
7/27/23
|
11/1/23
|
2/1/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,505
|
1,882
|
18,167
|
15,584
|
18,699
|
14,240
|
8,167
|
1,688
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.0985
x
|
0.0775
x
|
0.7357
x
|
0.623
x
|
0.8509
x
|
0.625
x
|
0.3329
x
|
0.0655
x
|
Free Cash Flow
1 |
16,764
|
10,943
|
15,691
|
13,041
|
11,288
|
13,514
|
14,898
|
15,727
|
ROE (net income / shareholders' equity)
|
57.7%
|
48%
|
56%
|
62.5%
|
45.7%
|
43.8%
|
40.5%
|
36.3%
|
ROA (Net income/ Total Assets)
|
21.6%
|
19.6%
|
19.1%
|
18.2%
|
16.7%
|
14.6%
|
15%
|
14.7%
|
Assets
1 |
62,621
|
72,966
|
72,951
|
68,337
|
68,793
|
91,166
|
98,459
|
107,372
|
Book Value Per Share
2 |
37.90
|
42.50
|
28.80
|
35.00
|
41.40
|
44.10
|
52.70
|
62.40
|
Cash Flow per Share
2 |
25.90
|
21.50
|
24.40
|
22.80
|
20.00
|
20.50
|
22.00
|
24.20
|
Capex
1 |
3,503
|
3,528
|
3,693
|
3,449
|
3,742
|
3,790
|
3,969
|
4,134
|
Capex / Sales
|
5.7%
|
6.05%
|
5.88%
|
5.45%
|
6.37%
|
6.31%
|
6.22%
|
6.21%
|
Announcement Date
|
1/30/20
|
2/4/21
|
2/3/22
|
2/2/23
|
2/1/24
|
-
|
-
|
-
|
Average target price
279.4
CHF Spread / Average Target +26.42% Consensus |
1st Jan change
|
Capi.
|
---|
| +25.83% | 661B | | +27.00% | 566B | | -6.76% | 352B | | +20.34% | 332B | | +3.00% | 283B | | +13.09% | 231B | | +5.46% | 200B | | -6.26% | 145B | | -11.77% | 144B |
Other Pharmaceuticals
|