SFS GROUP AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 124.4 CHF | -0.48% |
|
+2.98% | +19.39% |
| May. 07 | SFS Group Boosts Spain, Portugal Portfolio With Etanco Acquisition | MT |
| May. 07 | SFS Group AG acquired Etanco S.A.U. | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,491 | 3,938 | 4,732 | 3,399 | 4,053 | 4,837 | - | - |
| Enterprise Value (EV) 1 | 3,423 | 3,793 | 4,453 | 3,876 | 4,499 | 5,183 | 5,056 | 4,928 |
| P/E ratio | 17 x | 21.4 x | 19.4 x | 12.6 x | 15.2 x | 17.8 x | 16.2 x | 15 x |
| Yield | 2.26% | 1.71% | 1.74% | 2.86% | 2.4% | 2.14% | 2.38% | 2.55% |
| Capitalization / Revenue | 1.96 x | 2.31 x | 2.49 x | 1.24 x | 1.32 x | 1.55 x | 1.49 x | 1.44 x |
| EV / Revenue | 1.92 x | 2.22 x | 2.35 x | 1.42 x | 1.46 x | 1.66 x | 1.56 x | 1.47 x |
| EV / EBITDA | 10.3 x | 11.6 x | 10.9 x | 8.65 x | 9.26 x | 10.4 x | 9.51 x | 8.72 x |
| EV / FCF | 21 x | 19.2 x | 21.9 x | 33.2 x | 32.3 x | 23.7 x | 20.9 x | 17.6 x |
| FCF Yield | 4.77% | 5.22% | 4.56% | 3.02% | 3.1% | 4.23% | 4.78% | 5.69% |
| Price to Book | 2.86 x | 3.12 x | 3.3 x | 2.65 x | 2.99 x | 3.16 x | 2.8 x | 2.5 x |
| Nbr of stocks (in thousands) | 37,500 | 37,500 | 37,500 | 38,842 | 38,900 | 38,887 | - | - |
| Reference price 2 | 93.10 | 105.0 | 126.2 | 87.50 | 104.2 | 124.4 | 124.4 | 124.4 |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 3/3/23 | 3/7/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,782 | 1,707 | 1,897 | 2,739 | 3,073 | 3,119 | 3,240 | 3,358 |
| EBITDA 1 | 331.7 | 327.6 | 407.1 | 448.1 | 486 | 496.3 | 531.4 | 565.3 |
| EBIT 1 | 236.3 | 227.4 | 301.7 | 330.3 | 358.6 | 366.4 | 396 | 425 |
| Operating Margin | 13.26% | 13.32% | 15.9% | 12.06% | 11.67% | 11.74% | 12.22% | 12.66% |
| Earnings before Tax (EBT) 1 | 229.7 | 220.3 | 301.7 | 337.8 | 352.2 | 358.1 | 387.2 | 415.4 |
| Net income 1 | 205.3 | 183.9 | 243.8 | 266.7 | 266 | 271.2 | 297.2 | 322.1 |
| Net margin | 11.52% | 10.77% | 12.85% | 9.74% | 8.66% | 8.69% | 9.17% | 9.59% |
| EPS 2 | 5.470 | 4.900 | 6.510 | 6.950 | 6.840 | 6.979 | 7.657 | 8.292 |
| Free Cash Flow 1 | 163.1 | 198 | 203.1 | 116.9 | 139.4 | 219 | 241.5 | 280.5 |
| FCF margin | 9.15% | 11.6% | 10.7% | 4.27% | 4.54% | 7.02% | 7.45% | 8.35% |
| FCF Conversion (EBITDA) | 49.17% | 60.44% | 49.89% | 26.09% | 28.68% | 44.12% | 45.44% | 49.62% |
| FCF Conversion (Net income) | 79.44% | 107.67% | 83.31% | 43.83% | 52.41% | 80.77% | 81.26% | 87.1% |
| Dividend per Share 2 | 2.100 | 1.800 | 2.200 | 2.500 | 2.500 | 2.658 | 2.967 | 3.175 |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 3/3/23 | 3/7/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2021 S1 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 914.3 | 960.3 | 1,224 | 1,515 | 1,574 | 1,499 | 1,518 | 1,583 |
| EBITDA | - | - | - | - | 253.1 | - | - | 261.1 |
| EBIT 1 | - | 164.1 | 162.9 | 167.4 | 189.9 | 168.7 | 172.5 | 181.4 |
| Operating Margin | - | 17.09% | 13.31% | 11.05% | 12.07% | 11.25% | 11.36% | 11.46% |
| Earnings before Tax (EBT) 1 | - | - | - | - | 181.5 | 170.7 | 170.8 | 189 |
| Net income 1 | - | - | - | - | 131 | - | 125.2 | 143.2 |
| Net margin | - | - | - | - | 8.32% | - | 8.24% | 9.05% |
| EPS | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/6/20 | 7/20/21 | 8/26/22 | 3/3/23 | 7/18/23 | 3/7/24 | - | - |
1CHF in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 478 | 445 | 346 | 218 | 90.5 |
| Net Cash position 1 | 68.7 | 144 | 279 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | 1.066 x | 0.9163 x | 0.6968 x | 0.4103 x | 0.1601 x |
| Free Cash Flow 1 | 163 | 198 | 203 | 117 | 139 | 219 | 242 | 281 |
| ROE (net income / shareholders' equity) | 17.1% | 14.8% | 18.1% | 19.6% | 20.1% | 18.6% | 18% | 17.1% |
| ROA (Net income/ Total Assets) | 12.6% | 11.1% | - | - | - | - | - | - |
| Assets 1 | 1,629 | 1,661 | - | - | - | - | - | - |
| Book Value Per Share 2 | 32.60 | 33.60 | 38.20 | 33.00 | 34.90 | 39.40 | 44.40 | 49.70 |
| Cash Flow per Share 2 | 7.400 | 7.900 | 8.660 | 7.500 | 8.060 | 10.20 | 10.20 | 10.80 |
| Capex 1 | 115 | 98.4 | 121 | 149 | 162 | 182 | 177 | 174 |
| Capex / Sales | 6.43% | 5.76% | 6.4% | 5.45% | 5.26% | 5.83% | 5.46% | 5.17% |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 3/3/23 | 3/7/24 | - | - | - |
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
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
124.4
CHF
Average target price
130.4
CHF
Spread / Average Target
+4.82%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +19.39% | 5.44B | |
| +20.32% | 9.31B | |
| +30.35% | 6.8B | |
| +18.00% | 4.99B | |
| +21.24% | 4.19B | |
| +8.41% | 2.71B | |
| -4.68% | 2.45B | |
| -44.80% | 2.16B | |
| -5.39% | 1.81B | |
| -53.80% | 1.71B |
- Stock Market
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- SFSN Stock
- Financials SFS Group AG
