Delayed
Berne S.E.
|
5-day change
|
1st Jan Change
|
- CHF
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
17,478
|
17,684
|
27,480
|
20,985
|
30,836
|
35,263
|
-
|
-
|
Enterprise Value (EV)
1 |
20,230
|
20,103
|
32,323
|
25,667
|
33,910
|
38,034
|
37,255
|
35,567
|
P/E ratio
|
28.7
x
|
24.6
x
|
39.3
x
|
24.4
x
|
26.5
x
|
15.5
x
|
23.2
x
|
21.9
x
|
Yield
|
0.74%
|
0.79%
|
0.54%
|
0.75%
|
0.56%
|
0.53%
|
0.54%
|
0.57%
|
Capitalization / Revenue
|
3.69
x
|
3.74
x
|
5.08
x
|
3.41
x
|
4.55
x
|
4.93
x
|
4.56
x
|
4.32
x
|
EV / Revenue
|
4.27
x
|
4.25
x
|
5.97
x
|
4.17
x
|
5
x
|
5.32
x
|
4.81
x
|
4.36
x
|
EV / EBITDA
|
16.1
x
|
14.4
x
|
21.1
x
|
16
x
|
15.9
x
|
16
x
|
14.2
x
|
12.8
x
|
EV / FCF
|
45.7
x
|
29.1
x
|
45.2
x
|
50.4
x
|
38.6
x
|
43.3
x
|
30.1
x
|
22.5
x
|
FCF Yield
|
2.19%
|
3.43%
|
2.21%
|
1.98%
|
2.59%
|
2.31%
|
3.32%
|
4.45%
|
Price to Book
|
3.26
x
|
3
x
|
4.21
x
|
2.93
x
|
3.84
x
|
3.73
x
|
3.25
x
|
2.88
x
|
Nbr of stocks (in thousands)
|
62,501
|
62,274
|
62,382
|
62,091
|
61,807
|
61,640
|
-
|
-
|
Reference price
2 |
279.6
|
284.0
|
440.5
|
338.0
|
498.9
|
572.1
|
572.1
|
572.1
|
Announcement Date
|
11/02/20
|
09/02/21
|
10/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,739
|
4,730
|
5,414
|
6,161
|
6,777
|
7,156
|
7,740
|
8,166
|
EBITDA
1 |
1,255
|
1,393
|
1,528
|
1,600
|
2,128
|
2,379
|
2,628
|
2,772
|
EBIT
1 |
884.9
|
936.8
|
1,062
|
1,064
|
1,596
|
1,848
|
2,051
|
2,182
|
Operating Margin
|
18.67%
|
19.81%
|
19.62%
|
17.27%
|
23.55%
|
25.82%
|
26.49%
|
26.72%
|
Earnings before Tax (EBT)
1 |
748.3
|
889.3
|
855.5
|
1,091
|
1,493
|
2,980
|
1,921
|
2,022
|
Net income
1 |
611.9
|
721
|
702.5
|
866.8
|
1,169
|
2,293
|
1,519
|
1,617
|
Net margin
|
12.91%
|
15.24%
|
12.98%
|
14.07%
|
17.25%
|
32.04%
|
19.63%
|
19.8%
|
EPS
2 |
9.740
|
11.54
|
11.22
|
13.87
|
18.82
|
36.96
|
24.62
|
26.16
|
Free Cash Flow
1 |
442.8
|
690.4
|
714.6
|
509.4
|
878.1
|
878.7
|
1,238
|
1,582
|
FCF margin
|
9.34%
|
14.6%
|
13.2%
|
8.27%
|
12.96%
|
12.28%
|
15.99%
|
19.37%
|
FCF Conversion (EBITDA)
|
35.3%
|
49.57%
|
46.75%
|
31.83%
|
41.27%
|
36.93%
|
47.1%
|
57.08%
|
FCF Conversion (Net income)
|
72.36%
|
95.76%
|
101.72%
|
58.77%
|
75.12%
|
38.33%
|
81.48%
|
97.82%
|
Dividend per Share
2 |
2.060
|
2.240
|
2.360
|
2.540
|
2.800
|
3.015
|
3.106
|
3.235
|
Announcement Date
|
11/02/20
|
09/02/21
|
10/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
1,496
|
1,231
|
1,642
|
1,812
|
1,476
|
1,354
|
1,821
|
1,994
|
1,608
|
1,251
|
1,973
|
2,182
|
1,773
|
1,459
|
2,086
|
EBITDA
1 |
393.7
|
197.2
|
478.3
|
533.1
|
391.7
|
323.9
|
596.1
|
705.2
|
502.6
|
291
|
681.8
|
806.7
|
593.4
|
368.9
|
765.2
|
EBIT
1 |
264.7
|
59.9
|
329.8
|
407.5
|
265.3
|
196.1
|
463.3
|
566.6
|
370.2
|
1,421
|
534.6
|
671.7
|
448.2
|
220.2
|
616.1
|
Operating Margin
|
17.69%
|
4.87%
|
20.09%
|
22.49%
|
17.97%
|
14.48%
|
25.44%
|
28.41%
|
23.02%
|
113.59%
|
27.09%
|
30.78%
|
25.29%
|
15.09%
|
29.54%
|
Earnings before Tax (EBT)
1 |
167.9
|
30.2
|
457.5
|
370.4
|
233
|
170
|
439.8
|
540.1
|
342.9
|
1,414
|
501.5
|
646.9
|
421.1
|
194.6
|
588.2
|
Net income
1 |
156.8
|
21.4
|
366.5
|
295.3
|
183.6
|
121.4
|
348.3
|
416.7
|
282.5
|
1,045
|
397.6
|
507.6
|
335.1
|
159.2
|
458.9
|
Net margin
|
10.48%
|
1.74%
|
22.32%
|
16.3%
|
12.43%
|
8.97%
|
19.13%
|
20.9%
|
17.57%
|
83.53%
|
20.15%
|
23.27%
|
18.91%
|
10.91%
|
22%
|
EPS
2 |
2.500
|
0.3400
|
5.860
|
4.730
|
2.950
|
1.950
|
5.610
|
6.720
|
4.550
|
16.87
|
6.419
|
8.157
|
5.410
|
2.598
|
7.402
|
Dividend per Share
2 |
0.6100
|
0.6100
|
0.6100
|
0.6600
|
0.6600
|
-
|
-
|
-
|
0.7400
|
-
|
0.7400
|
0.7400
|
0.7400
|
0.7400
|
-
|
Announcement Date
|
10/02/22
|
03/05/22
|
28/07/22
|
02/11/22
|
15/02/23
|
04/05/23
|
27/07/23
|
01/11/23
|
14/02/24
|
30/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,753
|
2,419
|
4,842
|
4,682
|
3,073
|
2,770
|
1,992
|
304
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.194
x
|
1.736
x
|
3.168
x
|
2.926
x
|
1.444
x
|
1.164
x
|
0.758
x
|
0.1096
x
|
Free Cash Flow
1 |
443
|
690
|
715
|
509
|
878
|
879
|
1,238
|
1,582
|
ROE (net income / shareholders' equity)
|
11.9%
|
11.9%
|
11.3%
|
12.6%
|
15.4%
|
18%
|
14.2%
|
13.3%
|
ROA (Net income/ Total Assets)
|
6.22%
|
6.45%
|
5.63%
|
5.9%
|
7.76%
|
11.5%
|
8.91%
|
8.24%
|
Assets
1 |
9,842
|
11,179
|
12,487
|
14,693
|
15,059
|
19,935
|
17,057
|
19,617
|
Book Value Per Share
2 |
85.80
|
94.60
|
105.0
|
115.0
|
130.0
|
153.0
|
176.0
|
199.0
|
Cash Flow per Share
2 |
15.40
|
16.80
|
18.20
|
15.90
|
24.60
|
27.10
|
32.40
|
36.20
|
Capex
1 |
394
|
360
|
423
|
482
|
650
|
689
|
706
|
696
|
Capex / Sales
|
8.3%
|
7.6%
|
7.81%
|
7.82%
|
9.6%
|
9.63%
|
9.12%
|
8.53%
|
Announcement Date
|
11/02/20
|
09/02/21
|
10/02/22
|
15/02/23
|
14/02/24
|
-
|
-
|
-
|
Last Close Price
572.1
USD Average target price
644.1
USD Spread / Average Target +12.59% Consensus |
1st Jan change
|
Capi.
|
---|
| +18.48% | 54.8B | | -5.59% | 34.15B | | +12.67% | 33.6B | | +8.50% | 19.1B | | +18.26% | 19.1B | | +21.76% | 18.3B | | -1.59% | 11.13B | | +0.47% | 6.82B | | +6.84% | 4B |
Other Construction Materials
|