Market Closed -
Swiss Exchange
11:31:30 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
18.82
CHF
|
+1.95%
|
|
-2.03%
|
-2.74%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,557
|
6,059
|
8,299
|
7,797
|
7,957
|
7,366
|
-
|
-
|
Enterprise Value (EV)
1 |
5,910
|
7,401
|
9,727
|
9,978
|
10,133
|
9,473
|
9,367
|
9,246
|
P/E ratio
|
43.1
x
|
90.2
x
|
48.2
x
|
204
x
|
32.5
x
|
36.8
x
|
27
x
|
22.9
x
|
Yield
|
2.46%
|
2.02%
|
1.79%
|
2.32%
|
2.42%
|
2.5%
|
2.72%
|
3.02%
|
Capitalization / Revenue
|
2.55
x
|
3.34
x
|
4.03
x
|
2.8
x
|
2.46
x
|
2.2
x
|
2.08
x
|
1.99
x
|
EV / Revenue
|
3.31
x
|
4.08
x
|
4.72
x
|
3.59
x
|
3.14
x
|
2.83
x
|
2.65
x
|
2.5
x
|
EV / EBITDA
|
12.2
x
|
14.9
x
|
17
x
|
15.3
x
|
12.6
x
|
11.3
x
|
10.3
x
|
9.57
x
|
EV / FCF
|
23.1
x
|
32.7
x
|
34.1
x
|
35.8
x
|
-
|
32.4
x
|
29.3
x
|
25.8
x
|
FCF Yield
|
4.33%
|
3.06%
|
2.93%
|
2.79%
|
-
|
3.09%
|
3.41%
|
3.88%
|
Price to Book
|
2.29
x
|
3.34
x
|
3.56
x
|
2.55
x
|
-
|
2.33
x
|
2.26
x
|
2.19
x
|
Nbr of stocks (in thousands)
|
320,034
|
320,047
|
337,515
|
382,218
|
382,230
|
382,231
|
-
|
-
|
Reference price
2 |
14.24
|
18.93
|
24.59
|
20.40
|
20.82
|
19.27
|
19.27
|
19.27
|
Announcement Date
|
2/25/20
|
2/23/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,784
|
1,816
|
2,062
|
2,780
|
3,230
|
3,348
|
3,537
|
3,696
|
EBITDA
1 |
485.4
|
498.3
|
570.6
|
652.2
|
803
|
839.6
|
911.7
|
965.7
|
EBIT
1 |
343.6
|
392.9
|
367.1
|
389
|
541.9
|
506.7
|
550.9
|
632.7
|
Operating Margin
|
19.26%
|
21.63%
|
17.8%
|
13.99%
|
16.78%
|
15.13%
|
15.58%
|
17.12%
|
Earnings before Tax (EBT)
1 |
148
|
91
|
224.4
|
88.8
|
-
|
274.5
|
362.5
|
468.6
|
Net income
1 |
106.9
|
68
|
172.1
|
37.8
|
243.2
|
203.1
|
279.8
|
340.9
|
Net margin
|
5.99%
|
3.74%
|
8.35%
|
1.36%
|
7.53%
|
6.07%
|
7.91%
|
9.22%
|
EPS
2 |
0.3300
|
0.2100
|
0.5100
|
0.1000
|
0.6400
|
0.5235
|
0.7127
|
0.8433
|
Free Cash Flow
1 |
255.9
|
226.6
|
285
|
278.5
|
-
|
292.5
|
319.8
|
358.5
|
FCF margin
|
14.34%
|
12.48%
|
13.82%
|
10.02%
|
-
|
8.74%
|
9.04%
|
9.7%
|
FCF Conversion (EBITDA)
|
52.72%
|
45.47%
|
49.95%
|
42.7%
|
-
|
34.84%
|
35.08%
|
37.13%
|
FCF Conversion (Net income)
|
239.38%
|
333.24%
|
165.6%
|
736.77%
|
-
|
143.99%
|
114.33%
|
105.18%
|
Dividend per Share
2 |
0.3500
|
0.3832
|
0.4401
|
0.4728
|
0.5032
|
0.4811
|
0.5247
|
0.5820
|
Announcement Date
|
2/25/20
|
2/23/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
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
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
981.7
|
849.7
|
966.4
|
965.8
|
506.7
|
589.3
|
1,096
|
496.7
|
645.9
|
1,143
|
770.8
|
866.5
|
1,637
|
729
|
811
|
1,540
|
740.7
|
821.6
|
1,555
|
848
|
940.7
|
EBITDA
1 |
-
|
215.7
|
282.6
|
264.1
|
137.1
|
169.4
|
306.5
|
118.7
|
161.8
|
280.5
|
178.8
|
193.2
|
371.7
|
175
|
208.7
|
383.7
|
170.4
|
195
|
360
|
225
|
260
|
EBIT
|
-
|
-
|
234.3
|
164.9
|
-
|
-
|
202.2
|
-
|
-
|
162.5
|
-
|
-
|
226.5
|
-
|
-
|
232.7
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
24.24%
|
17.07%
|
-
|
-
|
18.45%
|
-
|
-
|
14.22%
|
-
|
-
|
13.83%
|
-
|
-
|
15.11%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
120.8
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
88.9
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
92
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-38.1
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
9.53%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-4.4%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
0.1800
|
0.2800
|
0.1200
|
-
|
0.2300
|
-
|
0.1000
|
0.1900
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/25/20
|
7/28/20
|
2/23/21
|
7/27/21
|
10/26/21
|
3/1/22
|
3/1/22
|
4/26/22
|
7/26/22
|
7/26/22
|
10/30/22
|
2/28/23
|
2/28/23
|
5/4/23
|
7/25/23
|
7/25/23
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,353
|
1,342
|
1,428
|
2,180
|
2,177
|
2,107
|
2,001
|
1,880
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.788
x
|
2.693
x
|
2.502
x
|
3.343
x
|
2.711
x
|
2.509
x
|
2.194
x
|
1.947
x
|
Free Cash Flow
1 |
256
|
227
|
285
|
279
|
-
|
293
|
320
|
359
|
ROE (net income / shareholders' equity)
|
11.2%
|
12.2%
|
12.2%
|
10.7%
|
-
|
9.68%
|
10.7%
|
11.9%
|
ROA (Net income/ Total Assets)
|
2.32%
|
1.46%
|
3.4%
|
0.57%
|
-
|
3.12%
|
4.41%
|
4.76%
|
Assets
1 |
4,604
|
4,673
|
5,058
|
6,647
|
-
|
6,502
|
6,349
|
7,160
|
Book Value Per Share
2 |
6.210
|
5.670
|
6.900
|
7.990
|
-
|
8.260
|
8.510
|
8.810
|
Cash Flow per Share
2 |
1.370
|
1.330
|
1.580
|
1.590
|
1.750
|
1.660
|
1.950
|
1.890
|
Capex
1 |
182
|
199
|
246
|
300
|
-
|
364
|
373
|
384
|
Capex / Sales
|
10.21%
|
10.97%
|
11.93%
|
10.78%
|
-
|
10.87%
|
10.54%
|
10.38%
|
Announcement Date
|
2/25/20
|
2/23/21
|
3/1/22
|
2/28/23
|
2/27/24
|
-
|
-
|
-
|
Last Close Price
19.27
EUR Average target price
24.07
EUR Spread / Average Target +24.89% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.74% | 7.86B | | +6.10% | 15.4B | | +13.80% | 12.14B | | -6.42% | 11.75B | | +11.37% | 11.06B | | +1.48% | 10.71B | | +11.68% | 8.43B | | -10.81% | 8.28B | | +10.64% | 5.84B | | +1.15% | 5.55B |
Other Paper Packaging
|