Company Valuation: SGS SA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 22,837 16,107 13,370 16,937 17,587 18,551 - -
Change - -29.47% -16.99% 26.68% 3.84% 5.48% - -
Enterprise Value (EV) 1 24,528 18,930 16,209 19,607 20,153 21,575 21,107 20,920
Change - -22.82% -14.38% 20.97% 2.78% 7.05% -2.17% -0.89%
P/E 37.3x 27.3x 24.3x 29.4x 26.3x 25.2x 22.4x 20.8x
PBR 20.4x 23.5x 29.1x 21.4x 19.5x 13.7x 10.6x 8.69x
PEG - -7.16x -4.88x 8.79x 2.2x 3.32x 1.8x 2.81x
Capitalization / Revenue 3.57x 2.43x 2.02x 2.49x 2.53x 2.44x 2.28x 2.16x
EV / Revenue 3.83x 2.85x 2.45x 2.89x 2.9x 2.84x 2.6x 2.44x
EV / EBITDA 16.2x 12.7x 11.4x 13.3x 13.1x 12.8x 11.6x 10.8x
EV / EBIT 23.2x 18.5x 16.7x 18.9x 18.2x 17.6x 15.8x 14.5x
EV / FCF 38.6x 37.3x 25.5x 26.2x 24x 25.5x 22.2x 20.2x
FCF Yield 2.59% 2.68% 3.92% 3.81% 4.17% 3.92% 4.51% 4.94%
Dividend per Share 2 3.2 3.2 3.2 3.2 3.2 3.202 3.292 3.4
Rate of return 2.63% 3.72% 4.41% 3.52% 3.52% 3.41% 3.51% 3.62%
EPS 2 3.272 3.147 2.99 3.09 3.46 3.722 4.192 4.503
Distribution rate 97.8% 102% 107% 104% 92.5% 86% 78.5% 75.5%
Net sales 1 6,405 6,642 6,622 6,794 6,945 7,601 8,120 8,584
EBITDA 1 1,515 1,489 1,424 1,478 1,539 1,691 1,822 1,935
EBIT 1 1,055 1,023 971 1,040 1,108 1,225 1,339 1,439
Net income 1 613 588 553 581 668 732.8 839.6 911.9
Net Debt 1 1,691 2,823 2,839 2,670 2,566 3,024 2,556 2,369
Reference price 2 121.88 86.00 72.54 90.88 90.86 93.88 93.88 93.88
Nbr of stocks (in thousands) 187,376 187,292 184,309 186,371 193,566 197,600 - -
Announcement Date 27/01/22 26/01/23 26/01/24 11/02/25 11/02/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.58x15.08x21.43x0.73% 680B
35.55x6.51x23.12x1.01% 78.29B
-109.72x24.63x59.23x-.--% 68.49B
23.48x4.6x10.13x0.72% 67.26B
10.73x1.43x7.35x1.03% 46.72B
46.51x1.72x9.61x-.--% 46.27B
20.05x3.41x8.12x1.58% 32.18B
20.43x6.21x11.95x-.--% 26.71B
9.58x2.56x6.16x-.--% 24.18B
Average 9.58x 7.35x 17.45x 0.56% 118.94B
Weighted average by Cap. 19.67x 12.38x 21.15x 0.67%

Y-o-Y evolution of P/E

Valuation ratios - P/E - SGS SA

Historical PBR trend

Valuation ratios - PBR - SGS SA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - SGS SA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - SGS SA


Year-on-year evolution of the Yield

Valuation ratios - Yield - SGS SA