Company Valuation: Emmi AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,756 4,189 4,874 3,937 3,932 4,927 - -
Change - -27.23% 16.35% -19.21% -0.14% 25.31% - -
Enterprise Value (EV) 1 6,158 4,679 7,975 4,961 4,684 5,698 5,520 5,355
Change - -24.03% 70.45% -37.79% -5.59% 21.66% -3.12% -2.99%
P/E 26.6x 22.9x 26.2x 17.9x 17.3x 20.9x 19x 17.6x
PBR 5.32x 3.58x 3.77x 3.96x 3.64x 3.83x 3.37x 2.99x
PEG - -1.5x 12.77x 1x 5.65x 5.64x 1.9x 2.17x
Capitalization / Revenue 1.47x 0.99x 1.15x 0.91x 0.83x 1.02x 0.99x 0.96x
EV / Revenue 1.57x 1.11x 1.88x 1.14x 0.99x 1.18x 1.11x 1.05x
EV / EBITDA 15.6x 12.3x 21.2x 11.5x 9.52x 11.3x 10.4x 9.59x
EV / EBIT 21.7x 18.5x 30.9x 16.4x 14x 16.5x 15x 13.6x
EV / FCF 60.1x 579x 35.7x 17.5x 20x 24.4x 21.3x 19.4x
FCF Yield 1.66% 0.17% 2.8% 5.7% 5.01% 4.1% 4.69% 5.16%
Dividend per Share 2 14 14.5 15.5 16.5 17.5 18.14 19.5 20.64
Rate of return 1.3% 1.85% 1.7% 2.24% 2.38% 1.97% 2.12% 2.24%
EPS 2 40.51 34.12 34.82 41.18 42.44 44.01 48.45 52.38
Distribution rate 34.6% 42.5% 44.5% 40.1% 41.2% 41.2% 40.2% 39.4%
Net sales 1 3,912 4,230 4,242 4,349 4,746 4,837 4,980 5,111
EBITDA 1 394.7 379.3 375.8 430.6 492.3 505 530.9 558.6
EBIT 1 284.1 253 258.2 302.7 334.6 345.2 368.7 393.6
Net income 1 216.7 182.5 186.3 220.3 227.1 235.6 259.2 280.9
Net Debt 1 401.9 489.8 3,101 1,024 751.7 771.2 593.3 428
Reference price 2 1,076.00 783.00 911.00 736.00 735.00 921.00 921.00 921.00
Nbr of stocks (in thousands) 5,350 5,350 5,350 5,350 5,350 5,350 - -
Announcement Date 3/4/22 A 3/1/23 A 2/29/24 A 2/26/25 A 2/27/26 A - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.93x1.18x11.28x1.97% 5.97B
21.86x2.95x14.5x3.75% 261B
19.85x2.54x15.12x3.22% 81.43B
16.72x1.73x9.84x3.75% 44.84B
14.82x0.53x9.51x2.6% 38.62B
20.53x3.13x12.73x3.4% 34.09B
34.67x3x17.5x1.07% 30.83B
-8.74x1.88x9.42x6.47% 29.41B
26.06x5.42x17.27x3.22% 29.7B
17.57x1.69x11.92x4.85% 26.73B
Average 18.43x 2.40x 12.91x 3.43% 58.26B
Weighted average by Cap. 19.78x 2.65x 13.69x 3.58%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Emmi AG

Historical PBR trend

Valuation ratios - PBR - Emmi AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Emmi AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Emmi AG


Year-on-year evolution of the Yield

Valuation ratios - Yield - Emmi AG