TECAN GROUP AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 332.6 CHF | +1.65% |
|
-0.18% | -3.15% |
| Apr. 18 | Tecan Group Approves Dividend, Payable on April 24, 2024 | CI |
| Apr. 18 | Tecan Group Elects Monica Manotas as Additional Independent Member of the Board of Directors | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,227 | 5,187 | 7,042 | 5,250 | 4,390 | 4,260 | - | - |
| Enterprise Value (EV) 1 | 2,911 | 4,716 | 7,051 | 5,138 | 4,390 | 4,084 | 3,981 | 3,862 |
| P/E ratio | 44 x | 50.3 x | 55.8 x | 43.5 x | 33.3 x | 35 x | 30.1 x | 26.7 x |
| Yield | 0.81% | 0.53% | 0.5% | 0.7% | - | 0.93% | 0.99% | 1.04% |
| Capitalization / Revenue | 5.07 x | 7.1 x | 7.44 x | 4.59 x | 4.09 x | 3.95 x | 3.68 x | 3.42 x |
| EV / Revenue | 4.57 x | 6.45 x | 7.45 x | 4.49 x | 4.09 x | 3.79 x | 3.44 x | 3.1 x |
| EV / EBITDA | 23.7 x | 29.6 x | 34.5 x | 23.9 x | 21.2 x | 18.8 x | 16.4 x | 14.5 x |
| EV / FCF | 32.6 x | 28.2 x | 54.2 x | 48.8 x | - | 27.1 x | 26.5 x | 23.3 x |
| FCF Yield | 3.07% | 3.54% | 1.85% | 2.05% | - | 3.7% | 3.77% | 4.3% |
| Price to Book | 4.9 x | 7.07 x | 5.75 x | 3.87 x | - | 2.97 x | 2.73 x | 2.58 x |
| Nbr of stocks (in thousands) | 11,866 | 11,957 | 12,677 | 12,730 | 12,783 | 12,808 | - | - |
| Reference price 2 | 272.0 | 433.8 | 555.5 | 412.4 | 343.4 | 332.6 | 332.6 | 332.6 |
| Announcement Date | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | 3/12/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 636.8 | 730.9 | 946.6 | 1,144 | 1,074 | 1,078 | 1,159 | 1,245 |
| EBITDA 1 | 122.8 | 159.1 | 204.6 | 214.9 | 207.3 | 217.6 | 242.6 | 267.2 |
| EBIT 1 | 98.7 | 121.4 | 145.5 | 147.8 | 136 | 148.8 | 171.2 | 192.8 |
| Operating Margin | 15.5% | 16.61% | 15.37% | 12.92% | 12.66% | 13.8% | 14.77% | 15.49% |
| Earnings before Tax (EBT) 1 | 82.74 | 118.2 | 137.9 | 142.5 | 133.8 | 146 | 169.7 | 192.7 |
| Net income 1 | 73.2 | 103.7 | 121.7 | 121.1 | 132.1 | 122.1 | 145.4 | 160.7 |
| Net margin | 11.49% | 14.19% | 12.86% | 10.59% | 12.29% | 11.33% | 12.54% | 12.91% |
| EPS 2 | 6.180 | 8.620 | 9.950 | 9.470 | 10.30 | 9.512 | 11.03 | 12.48 |
| Free Cash Flow 1 | 89.4 | 167 | 130.1 | 105.2 | - | 151 | 150.2 | 166 |
| FCF margin | 14.04% | 22.86% | 13.75% | 9.19% | - | 14% | 12.96% | 13.34% |
| FCF Conversion (EBITDA) | 72.8% | 104.99% | 63.61% | 48.96% | - | 69.37% | 61.92% | 62.15% |
| FCF Conversion (Net income) | 122.13% | 161.11% | 106.93% | 86.86% | - | 123.64% | 103.33% | 103.36% |
| Dividend per Share 2 | 2.200 | 2.300 | 2.800 | 2.900 | - | 3.100 | 3.288 | 3.470 |
| Announcement Date | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | 3/12/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales | 310 | 420.9 | 454 | 492.6 | 584 | 560.3 | 541.5 | - |
| EBITDA 1 | - | 98.94 | 115 | 89.56 | 119.1 | 95.8 | 101.2 | 111.1 |
| EBIT | 42.62 | 78.77 | - | 47.72 | - | 67.66 | - | - |
| Operating Margin | 13.75% | 18.71% | - | 9.69% | - | 12.07% | - | - |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | - | 62.68 | 71.12 |
| Net income 1 | - | 67.65 | - | 39.1 | 65.7 | 55.47 | 53.2 | 78.88 |
| Net margin | - | 16.07% | - | 7.94% | 11.25% | 9.9% | 9.82% | - |
| EPS | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 8/13/20 | 3/16/21 | 8/18/21 | 3/15/22 | 8/17/22 | 3/14/23 | 8/15/23 | 3/12/24 |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 9.2 | - | - | - | - | - |
| Net Cash position 1 | 317 | 471 | - | 111 | - | 176 | 279 | 398 |
| Leverage (Debt/EBITDA) | - | - | 0.045 x | - | - | - | - | - |
| Free Cash Flow 1 | 89.4 | 167 | 130 | 105 | - | 151 | 150 | 166 |
| ROE (net income / shareholders' equity) | 12.9% | 14.9% | 12.4% | 12% | - | 9.31% | 9.98% | 10.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | 5.86% | 7.03% | 7.99% |
| Assets 1 | - | - | - | - | - | 2,082 | 2,069 | 2,010 |
| Book Value Per Share 2 | 55.50 | 61.30 | 96.60 | 107.0 | - | 112.0 | 122.0 | 129.0 |
| Cash Flow per Share 2 | 8.280 | 17.30 | 13.80 | 10.60 | - | 15.10 | 15.20 | 16.90 |
| Capex 1 | 23.9 | 41.3 | 39.7 | 36.2 | - | 24.8 | 36.9 | 29.1 |
| Capex / Sales | 3.76% | 5.65% | 4.2% | 3.17% | - | 2.3% | 3.19% | 2.34% |
| Announcement Date | 3/17/20 | 3/16/21 | 3/15/22 | 3/14/23 | 3/12/24 | - | - | - |
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
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
332.6
CHF
Average target price
395.6
CHF
Spread / Average Target
+18.93%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -3.15% | 4.66B | |
| +7.13% | 7.91B | |
| -9.18% | 2.84B | |
| +1.11% | 2.03B | |
| -26.56% | 1.12B | |
| -11.09% | 816M | |
| -13.49% | 755M | |
| -22.71% | 759M | |
| -56.85% | 682M | |
| -24.66% | 671M |
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- Financials Tecan Group AG
