Market Closed -
Swiss Exchange
11:31:30 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1,377
CHF
|
-1.15%
|
|
-2.41%
|
-2.96%
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
11,086
|
10,955
|
12,781
|
10,984
|
8,448
|
7,537
|
-
|
-
|
Enterprise Value (EV)
1 |
12,391
|
12,321
|
14,062
|
12,183
|
9,757
|
9,807
|
9,717
|
9,293
|
P/E ratio
|
30.1
x
|
34.8
x
|
33.4
x
|
30.5
x
|
19.1
x
|
26.2
x
|
19.1
x
|
13.9
x
|
Yield
|
1.28%
|
1.1%
|
1.2%
|
1.4%
|
1.88%
|
2.13%
|
2.28%
|
2.65%
|
Capitalization / Revenue
|
1.52
x
|
1.59
x
|
1.77
x
|
1.36
x
|
1
x
|
0.81
x
|
0.76
x
|
0.73
x
|
EV / Revenue
|
1.7
x
|
1.79
x
|
1.95
x
|
1.51
x
|
1.15
x
|
1.05
x
|
0.98
x
|
0.9
x
|
EV / EBITDA
|
16
x
|
17.3
x
|
17.7
x
|
14.2
x
|
10.9
x
|
11.9
x
|
10.1
x
|
8.43
x
|
EV / FCF
|
42.8
x
|
38.9
x
|
41.3
x
|
49.6
x
|
82.2
x
|
-12
x
|
-47
x
|
12.2
x
|
FCF Yield
|
2.34%
|
2.57%
|
2.42%
|
2.02%
|
1.22%
|
-8.35%
|
-2.13%
|
8.23%
|
Price to Book
|
4.62
x
|
4.66
x
|
4.78
x
|
3.78
x
|
2.91
x
|
2.46
x
|
2.32
x
|
2.1
x
|
Nbr of stocks (in thousands)
|
5,477
|
5,478
|
5,476
|
5,481
|
5,479
|
5,474
|
-
|
-
|
Reference price
2 |
2,024
|
2,000
|
2,334
|
2,004
|
1,542
|
1,377
|
1,377
|
1,377
|
Announcement Date
|
11/6/19
|
11/11/20
|
11/10/21
|
10/31/22
|
11/1/23
|
-
|
-
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,309
|
6,893
|
7,208
|
8,092
|
8,471
|
9,322
|
9,963
|
10,360
|
EBITDA
1 |
775
|
711.9
|
795.2
|
860.6
|
897.3
|
822.9
|
957.5
|
1,103
|
EBIT
1 |
601.2
|
491
|
566.7
|
624.7
|
659.4
|
608.6
|
719.8
|
820.7
|
Operating Margin
|
8.23%
|
7.12%
|
7.86%
|
7.72%
|
7.78%
|
6.53%
|
7.22%
|
7.92%
|
Earnings before Tax (EBT)
1 |
452.8
|
380.7
|
465
|
431.7
|
535.3
|
344.9
|
477.8
|
693.5
|
Net income
1 |
370.3
|
316.1
|
383.9
|
360.7
|
444.4
|
287.3
|
377.6
|
545.1
|
Net margin
|
5.07%
|
4.59%
|
5.33%
|
4.46%
|
5.25%
|
3.08%
|
3.79%
|
5.26%
|
EPS
2 |
67.21
|
57.46
|
69.84
|
65.66
|
80.90
|
52.56
|
71.97
|
99.24
|
Free Cash Flow
1 |
289.7
|
317
|
340.4
|
245.8
|
118.7
|
-818.6
|
-206.9
|
764.7
|
FCF margin
|
3.96%
|
4.6%
|
4.72%
|
3.04%
|
1.4%
|
-8.78%
|
-2.08%
|
7.38%
|
FCF Conversion (EBITDA)
|
37.38%
|
44.53%
|
42.81%
|
28.56%
|
13.23%
|
-
|
-
|
69.35%
|
FCF Conversion (Net income)
|
78.24%
|
100.3%
|
88.66%
|
68.13%
|
26.72%
|
-
|
-
|
140.29%
|
Dividend per Share
2 |
26.00
|
22.00
|
28.00
|
28.00
|
29.00
|
29.28
|
31.38
|
36.46
|
Announcement Date
|
11/6/19
|
11/11/20
|
11/10/21
|
10/31/22
|
11/1/23
|
-
|
-
|
-
|
Fiscal Period: August |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
---|
Net sales
1 |
3,762
|
3,131
|
3,482
|
3,726
|
2,032
|
1,998
|
4,030
|
2,031
|
2,031
|
4,062
|
2,110
|
2,070
|
4,181
|
4,643
|
2,470
|
2,594
|
5,064
|
EBITDA
|
-
|
298.9
|
-
|
389.4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
466.9
|
460
|
-
|
-
|
-
|
EBIT
|
311.5
|
179.5
|
296.7
|
269.9
|
-
|
-
|
318.1
|
-
|
-
|
306.6
|
-
|
-
|
348.4
|
339.4
|
-
|
-
|
330
|
Operating Margin
|
8.28%
|
5.73%
|
8.52%
|
7.24%
|
-
|
-
|
7.89%
|
-
|
-
|
7.55%
|
-
|
-
|
8.33%
|
7.31%
|
-
|
-
|
6.52%
|
Earnings before Tax (EBT)
|
-
|
127.4
|
-
|
216.1
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
112.4
|
-
|
178.3
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
235.5
|
77.93
|
-
|
-
|
-
|
Net margin
|
-
|
3.59%
|
-
|
4.78%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
5.63%
|
1.68%
|
-
|
-
|
-
|
EPS
|
37.87
|
19.59
|
37.33
|
32.51
|
-
|
-
|
40.94
|
-
|
-
|
24.72
|
-
|
-
|
42.87
|
14.20
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
4/16/20
|
11/11/20
|
4/22/21
|
11/10/21
|
1/26/22
|
4/13/22
|
4/13/22
|
7/5/22
|
10/31/22
|
10/31/22
|
1/5/23
|
4/5/23
|
4/5/23
|
4/10/24
|
-
|
-
|
-
|
Fiscal Period: August |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,305
|
1,366
|
1,281
|
1,199
|
1,309
|
2,270
|
2,180
|
1,756
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.683
x
|
1.919
x
|
1.611
x
|
1.393
x
|
1.459
x
|
2.758
x
|
2.277
x
|
1.593
x
|
Free Cash Flow
1 |
290
|
317
|
340
|
246
|
119
|
-819
|
-207
|
765
|
ROE (net income / shareholders' equity)
|
15.4%
|
13.2%
|
14.3%
|
12.9%
|
15.3%
|
11.1%
|
13.5%
|
15.6%
|
ROA (Net income/ Total Assets)
|
6%
|
4.63%
|
5.34%
|
4.81%
|
5.49%
|
5.7%
|
5.12%
|
6.28%
|
Assets
1 |
6,170
|
6,825
|
7,193
|
7,502
|
8,097
|
5,040
|
7,382
|
8,680
|
Book Value Per Share
2 |
438.0
|
429.0
|
488.0
|
530.0
|
529.0
|
560.0
|
593.0
|
656.0
|
Cash Flow per Share
2 |
101.0
|
108.0
|
112.0
|
95.00
|
60.20
|
-209.0
|
84.40
|
173.0
|
Capex
1 |
280
|
281
|
275
|
276
|
241
|
386
|
483
|
302
|
Capex / Sales
|
3.83%
|
4.08%
|
3.82%
|
3.41%
|
2.85%
|
4.14%
|
4.84%
|
2.91%
|
Announcement Date
|
11/6/19
|
11/11/20
|
11/10/21
|
10/31/22
|
11/1/23
|
-
|
-
|
-
|
Last Close Price
1,377
CHF Average target price
1,680
CHF Spread / Average Target +22.02% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.96% | 8.24B | | +2.94% | 26.35B | | -7.60% | 2.17B | | -0.90% | 1.46B | | -3.67% | 1.15B | | +52.46% | 687M | | -8.73% | 435M | | -20.09% | 401M | | -8.11% | 206M | | -16.00% | 201M |
Chocolate & Confectionery
|