Financials Burckhardt Compression Holding AG

Equities

BCHN

CH0025536027

Industrial Machinery & Equipment

Market Closed - Swiss Exchange 11:30:42 2024-05-31 am EDT 5-day change 1st Jan Change
603 CHF -1.31% Intraday chart for Burckhardt Compression Holding AG -4.29% +18.93%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 919.7 653 1,064 1,658 1,926 2,045 - -
Enterprise Value (EV) 1 969.1 744.7 1,147 1,715 1,933 2,048 2,027 1,976
P/E ratio 33.3 x 20.1 x 24.2 x 33 x 27.5 x 23.7 x 19.3 x 18.1 x
Yield 2.21% 3.12% 2.06% 1.53% 2.11% 2.32% 2.63% 2.8%
Capitalization / Revenue 1.53 x 1.04 x 1.62 x 2.55 x 2.32 x 2.1 x 1.84 x 1.79 x
EV / Revenue 1.62 x 1.18 x 1.74 x 2.64 x 2.33 x 2.11 x 1.82 x 1.73 x
EV / EBITDA 14.6 x 9.88 x 14 x 19 x 16.6 x 15 x 12.5 x 11.3 x
EV / FCF 49.9 x 45.4 x 12.5 x 14.6 x 20.5 x 27.7 x 22.8 x 15.1 x
FCF Yield 2% 2.2% 8.01% 6.83% 4.89% 3.61% 4.38% 6.6%
Price to Book 3.05 x 2.39 x 4.87 x 6.86 x 7.37 x 6.67 x 5.61 x 4.86 x
Nbr of stocks (in thousands) 3,394 3,394 3,378 3,390 3,391 3,391 - -
Reference price 2 271.0 192.4 315.0 489.0 568.0 603.0 603.0 603.0
Announcement Date 5/28/19 6/2/20 6/1/21 6/8/22 6/6/23 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 599.3 629.6 658.6 650.7 829.7 972.1 1,113 1,143
EBITDA 1 66.34 75.34 81.92 90.34 116.7 136.5 162.6 174.9
EBIT 1 44.51 54.8 60.82 70.34 94.96 112.9 134.7 147
Operating Margin 7.43% 8.7% 9.23% 10.81% 11.45% 11.62% 12.1% 12.86%
Earnings before Tax (EBT) 1 41.06 47.56 59.2 65.59 91.16 110.4 125.8 136
Net income 1 27.64 32.39 44.03 50.24 69.94 86.2 105.6 112.8
Net margin 4.61% 5.14% 6.69% 7.72% 8.43% 8.87% 9.49% 9.87%
EPS 2 8.150 9.560 13.00 14.82 20.64 25.45 31.20 33.34
Free Cash Flow 1 19.41 16.41 91.83 117.1 94.46 73.92 88.77 130.5
FCF margin 3.24% 2.61% 13.94% 18% 11.38% 7.6% 7.97% 11.41%
FCF Conversion (EBITDA) 29.26% 21.78% 112.09% 129.61% 80.92% 54.15% 54.61% 74.59%
FCF Conversion (Net income) 70.22% 50.66% 208.55% 233.06% 135.05% 85.76% 84.06% 115.6%
Dividend per Share 2 6.000 6.000 6.500 7.500 12.00 14.00 15.84 16.89
Announcement Date 5/28/19 6/2/20 6/1/21 6/8/22 6/6/23 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2020 S2 2021 S1 2021 S2 2022 S1 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 353.4 295.2 363.4 268.5 335.8 493.9 407.7 567
EBITDA 48.48 - - - - - - -
EBIT 1 38.14 25.97 34.84 26.3 35.5 - 44.86 66.1
Operating Margin 10.79% 8.8% 9.59% 9.79% 10.57% - 11% 11.66%
Earnings before Tax (EBT) 1 33.44 - - - - - - 65.1
Net income 25.05 18.98 25.05 17.79 24.52 - 32.42 -
Net margin 7.09% 6.43% 6.89% 6.63% 7.3% - 7.95% -
EPS 7.390 4.730 8.270 5.250 7.230 - - -
Dividend per Share - - - - - - - -
Announcement Date 6/2/20 11/4/20 6/1/21 11/2/21 11/1/22 6/6/23 11/27/23 -
1CHF in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 49.4 91.7 82.4 56.8 7.14 3.75 - -
Net Cash position 1 - - - - - - 18 68.8
Leverage (Debt/EBITDA) 0.7446 x 1.216 x 1.006 x 0.6286 x 0.0611 x 0.0275 x - -
Free Cash Flow 1 19.4 16.4 91.8 117 94.5 73.9 88.8 130
ROE (net income / shareholders' equity) 9.24% 11.2% 17.9% 21.8% 27.8% 29.5% 29% 26.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 89.00 80.40 64.70 71.30 77.00 90.40 107.0 124.0
Cash Flow per Share 2 12.30 12.20 39.00 39.70 32.70 28.10 37.30 41.30
Capex 1 22.4 34.3 20.4 22.3 16.3 30.2 34.8 36.1
Capex / Sales 3.74% 5.45% 3.09% 3.42% 1.96% 3.11% 3.13% 3.16%
Announcement Date 5/28/19 6/2/20 6/1/21 6/8/22 6/6/23 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
603 CHF
Average target price
604.5 CHF
Spread / Average Target
+0.25%
Consensus
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