Delayed
Swiss Exchange
|
5-day change
|
1st Jan Change
|
- USD
|
-.--%
|
|
-.--%
|
-.--%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
11,215
|
10,148
|
9,875
|
3,937
|
6,691
|
4,577
|
-
|
-
|
Enterprise Value (EV)
1 |
12,236
|
11,016
|
10,695
|
3,937
|
7,348
|
5,040
|
4,878
|
4,701
|
P/E ratio
|
64.3
x
|
58.6
x
|
57.5
x
|
34.5
x
|
50.2
x
|
30
x
|
25.6
x
|
22
x
|
Yield
|
0.55%
|
0.71%
|
0.73%
|
-
|
1.29%
|
2.12%
|
2.3%
|
2.48%
|
Capitalization / Revenue
|
11.5
x
|
11.4
x
|
10.2
x
|
4.15
x
|
6.69
x
|
4.33
x
|
4.05
x
|
3.77
x
|
EV / Revenue
|
12.6
x
|
12.4
x
|
11.1
x
|
4.15
x
|
7.35
x
|
4.77
x
|
4.32
x
|
3.87
x
|
EV / EBITDA
|
33.4
x
|
23.5
x
|
23.9
x
|
10.8
x
|
18.4
x
|
11.9
x
|
10.6
x
|
9.34
x
|
EV / FCF
|
45.6
x
|
37.1
x
|
29.9
x
|
-
|
30.3
x
|
19
x
|
15.5
x
|
12.2
x
|
FCF Yield
|
2.19%
|
2.7%
|
3.35%
|
-
|
3.3%
|
5.27%
|
6.47%
|
8.17%
|
Price to Book
|
25.2
x
|
19.4
x
|
20.8
x
|
-
|
-
|
5.52
x
|
4.65
x
|
3.91
x
|
Nbr of stocks (in thousands)
|
70,953
|
72,401
|
71,610
|
71,771
|
72,006
|
72,494
|
-
|
-
|
Reference price
2 |
158.1
|
140.2
|
137.9
|
54.86
|
92.92
|
63.13
|
63.13
|
63.13
|
Announcement Date
|
12/02/20
|
17/02/21
|
14/02/22
|
20/02/23
|
19/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
972
|
887.4
|
967
|
949.6
|
1,000
|
1,056
|
1,130
|
1,215
|
EBITDA
1 |
366
|
469.4
|
447.7
|
365.2
|
399.2
|
424.8
|
460.6
|
503.1
|
EBIT
1 |
317.9
|
320.4
|
356.8
|
272.4
|
313
|
336.8
|
368.7
|
405.9
|
Operating Margin
|
32.71%
|
36.11%
|
36.9%
|
28.68%
|
31.29%
|
31.89%
|
32.62%
|
33.4%
|
Earnings before Tax (EBT)
1 |
212.6
|
204.2
|
211.5
|
146
|
172.9
|
194.4
|
229.3
|
271.6
|
Net income
1 |
181.1
|
175
|
173.4
|
114.4
|
134.7
|
150.6
|
178.3
|
211.1
|
Net margin
|
18.63%
|
19.72%
|
17.93%
|
12.05%
|
13.46%
|
14.26%
|
15.78%
|
17.38%
|
EPS
2 |
2.460
|
2.390
|
2.400
|
1.590
|
1.850
|
2.104
|
2.467
|
2.870
|
Free Cash Flow
1 |
268.4
|
296.9
|
358.1
|
-
|
242.6
|
265.4
|
315.7
|
384
|
FCF margin
|
27.62%
|
33.46%
|
37.03%
|
-
|
24.25%
|
25.13%
|
27.93%
|
31.6%
|
FCF Conversion (EBITDA)
|
73.34%
|
63.27%
|
79.98%
|
-
|
60.77%
|
62.48%
|
68.53%
|
76.31%
|
FCF Conversion (Net income)
|
148.2%
|
169.67%
|
206.53%
|
-
|
180.13%
|
176.26%
|
177.01%
|
181.85%
|
Dividend per Share
2 |
0.8702
|
1.002
|
1.000
|
-
|
1.200
|
1.340
|
1.453
|
1.564
|
Announcement Date
|
12/02/20
|
17/02/21
|
14/02/22
|
20/02/23
|
19/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 Q3
|
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
|
---|
Net sales
1 |
532.2
|
400.9
|
231.6
|
290
|
220.7
|
238.1
|
212.8
|
278
|
226.5
|
239
|
236.7
|
298
|
229.9
|
254.3
|
251.3
|
322.5
|
261.8
|
EBITDA
1 |
-
|
-
|
108.3
|
152.6
|
-
|
102.1
|
63.6
|
-
|
88.62
|
106.3
|
-
|
123
|
94.49
|
110.1
|
86.78
|
127.2
|
102.1
|
EBIT
1 |
195.3
|
106.8
|
86
|
128.4
|
59.27
|
78.32
|
40.8
|
93.95
|
67.19
|
84.68
|
59.76
|
101.3
|
72.94
|
87.26
|
67.24
|
108.6
|
82.1
|
Operating Margin
|
36.69%
|
26.63%
|
37.13%
|
44.28%
|
26.86%
|
32.9%
|
19.17%
|
33.79%
|
29.66%
|
35.44%
|
25.25%
|
34%
|
31.73%
|
34.32%
|
26.75%
|
33.68%
|
31.36%
|
Earnings before Tax (EBT)
|
-
|
-
|
35
|
93.93
|
-
|
45.35
|
3.262
|
63.35
|
38.23
|
49.31
|
28.57
|
56.77
|
-
|
55.3
|
26.3
|
70.3
|
-
|
Net income
1 |
-
|
-
|
28.3
|
77
|
27.63
|
36.68
|
2.137
|
47.97
|
30.58
|
38.31
|
21.88
|
43.9
|
32.26
|
39.1
|
24.73
|
52.99
|
38.84
|
Net margin
|
-
|
-
|
12.22%
|
26.55%
|
12.52%
|
15.4%
|
1%
|
17.26%
|
13.5%
|
16.03%
|
9.25%
|
14.73%
|
14.04%
|
15.38%
|
9.84%
|
16.43%
|
14.84%
|
EPS
2 |
-
|
-
|
0.3900
|
1.070
|
0.3800
|
0.5100
|
0.0300
|
0.6700
|
0.4200
|
0.5300
|
0.3000
|
0.6000
|
0.4400
|
0.5350
|
0.3368
|
0.7293
|
0.5275
|
Dividend per Share
2 |
-
|
-
|
-
|
1.000
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.200
|
-
|
-
|
-
|
1.370
|
-
|
Announcement Date
|
12/02/20
|
15/07/20
|
14/10/21
|
14/02/22
|
26/04/22
|
21/07/22
|
13/10/22
|
20/02/23
|
25/04/23
|
20/07/23
|
24/10/23
|
19/02/24
|
23/04/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,022
|
868
|
821
|
-
|
658
|
464
|
301
|
124
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.792
x
|
1.849
x
|
1.833
x
|
-
|
1.648
x
|
1.091
x
|
0.6544
x
|
0.2469
x
|
Free Cash Flow
1 |
268
|
297
|
358
|
-
|
243
|
265
|
316
|
384
|
ROE (net income / shareholders' equity)
|
68.7%
|
51.9%
|
55%
|
-
|
37.5%
|
31.2%
|
28.6%
|
28.3%
|
ROA (Net income/ Total Assets)
|
12.9%
|
11%
|
12.3%
|
-
|
10.2%
|
8.12%
|
8.21%
|
10.5%
|
Assets
1 |
1,408
|
1,584
|
1,405
|
-
|
1,325
|
1,854
|
2,173
|
2,013
|
Book Value Per Share
2 |
6.270
|
7.230
|
6.630
|
-
|
-
|
11.40
|
13.60
|
16.10
|
Cash Flow per Share
2 |
4.710
|
5.230
|
6.370
|
-
|
4.550
|
5.080
|
6.100
|
6.470
|
Capex
1 |
78.6
|
86
|
102
|
-
|
88.6
|
98.2
|
104
|
111
|
Capex / Sales
|
8.09%
|
9.69%
|
10.56%
|
-
|
8.86%
|
9.3%
|
9.18%
|
9.11%
|
Announcement Date
|
12/02/20
|
17/02/21
|
14/02/22
|
20/02/23
|
19/02/24
|
-
|
-
|
-
|
Last Close Price
63.13
USD Average target price
78.89
USD Spread / Average Target +24.95% Consensus |
1st Jan change
|
Capi.
|
---|
| +8.05% | 3,020B | | +5.58% | 82.93B | | +3.69% | 76.85B | | -14.62% | 53.04B | | +31.16% | 50.15B | | -24.56% | 46.55B | | +17.75% | 41.41B | | +55.21% | 35.63B | | -10.24% | 24.64B |
Other Software
|