Company Valuation: Ascom Holding AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 423.3 266.8 295.2 149.4 137.2 198.5 - -
Change - -36.96% 10.61% -49.38% -8.17% 44.67% - -
Enterprise Value (EV) 1 393.8 256.4 275.9 135.9 107.6 165.4 156.3 148.4
Change - -34.87% 7.57% -50.73% -20.82% 53.72% -5.5% -5.08%
P/E 31.8x 24.8x 17.1x 41.6x 9.1x 14.1x 12.9x 12.4x
PBR 5.3x 3.64x 3.75x 2.01x 1.63x 2.35x 2.18x 2.04x
PEG - -1.3x 0.3x -0.5x 0x 7.99x 1.41x 2.96x
Capitalization / Revenue 1.45x 0.9x 0.99x 0.52x 0.47x 0.66x 0.65x 0.63x
EV / Revenue 1.35x 0.86x 0.93x 0.47x 0.37x 0.55x 0.51x 0.47x
EV / EBITDA 13.7x 10.7x 9.17x 6.38x 3.14x 4.99x 4.42x 4.07x
EV / EBIT 24.9x 18.3x 13.7x 17.9x 5.3x 8.06x 7.02x 6.49x
EV / FCF -3,938x -80.1x 16.9x 30.2x 5.01x 15.5x 11.7x 10.1x
FCF Yield -0.03% -1.25% 5.91% 3.31% 20% 6.47% 8.57% 9.91%
Dividend per Share 2 0.2 0.2 0.3 0.1 0.1 0.2 0.2667 0.3
Rate of return 1.7% 2.69% 3.65% 2.4% 2.62% 3.32% 4.42% 4.98%
EPS 2 0.37 0.3 0.48 0.1 0.42 0.4274 0.4664 0.486
Distribution rate 54.1% 66.7% 62.5% 100% 23.8% 46.8% 57.2% 61.7%
Net sales 1 291.5 297.4 297.3 286.7 292.1 298.7 305.2 313.3
EBITDA 1 28.7 23.9 30.1 21.3 34.3 33.18 35.36 36.42
EBIT 1 15.8 14 20.2 7.6 20.3 20.52 22.27 22.87
Net income 1 13.5 11 17.4 3.7 15.1 14.86 16.11 16.7
Net Debt 1 -29.5 -10.4 -19.3 -13.5 -29.6 -33.09 -42.19 -50.13
Reference price 2 11.760 7.430 8.220 4.160 3.820 6.030 6.030 6.030
Nbr of stocks (in thousands) 35,993 35,915 35,909 35,917 35,919 32,920 - -
Announcement Date 3/9/22 A 3/8/23 A 3/5/24 A 3/12/25 A 3/9/26 A - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.6x6.4x16.58x1.45% 463B
56.6x20.28x40.69x-.--% 272B
19.23x0.78x14.05x2.36% 172B
26.15x8.29x20.02x0.47% 142B
51.66x15.62x34.49x-.--% 101B
32.44x6.33x18.36x1.08% 74.2B
76.98x9.94x43.96x-.--% 63.31B
44.5x2.42x15.62x1.59% 59.8B
27.57x6.22x20.77x1.5% 53.26B
Average 40.42x 8.48x 24.95x 0.94% 155.6B
Weighted average by Cap. 37.33x 9.24x 24.04x 1%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Ascom Holding AG

Historical PBR trend

Valuation ratios - PBR - Ascom Holding AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Ascom Holding AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Ascom Holding AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Ascom Holding AG