Company Valuation: Swisscom AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,657 26,243 26,212 26,134 29,812 32,376 - -
Change - -1.55% -0.12% -0.3% 14.07% 8.6% - -
Enterprise Value (EV) 1 34,363 33,617 33,283 41,731 45,445 47,892 47,632 47,035
Change - -2.17% -0.99% 25.38% 8.9% 5.39% -0.54% -1.25%
P/E 14.5x 16.4x 15.3x 16.9x 23.5x 23.6x 21.7x 19.8x
PBR 2.47x 2.35x 2.26x 2.15x 2.44x 2.63x 2.65x 2.73x
PEG - -1.3x 2.25x -1.71x -1.3x 2.92x 2.58x 2.06x
Capitalization / Revenue 2.38x 2.36x 2.37x 2.37x 1.98x 2.2x 2.21x 2.21x
EV / Revenue 3.07x 3.03x 3.01x 3.78x 3.02x 3.25x 3.25x 3.22x
EV / EBITDA 7.66x 7.63x 7.2x 9.58x 6.87x 7.17x 7.05x 6.83x
EV / EBIT 16.6x 16.5x 15.1x 21.4x 23.6x 23x 21.4x 19.7x
EV / FCF 19.5x 24.9x 22.5x 29x 31.7x 34.4x 30.7x 24.6x
FCF Yield 5.12% 4.01% 4.45% 3.44% 3.15% 2.91% 3.26% 4.07%
Dividend per Share 2 22 22 22 22 22 26.95 27.97 28.92
Rate of return 4.28% 4.34% 4.35% 4.36% 3.82% 4.31% 4.47% 4.63%
EPS 2 35.37 30.93 33.03 29.77 24.54 26.52 28.75 31.51
Distribution rate 62.2% 71.1% 66.6% 73.9% 89.6% 102% 97.3% 91.8%
Net sales 1 11,183 11,112 11,072 11,036 15,048 14,716 14,656 14,625
EBITDA 1 4,484 4,406 4,622 4,355 6,617 6,676 6,758 6,883
EBIT 1 2,066 2,040 2,205 1,951 1,925 2,082 2,226 2,392
Net income 1 1,832 1,602 1,711 1,541 1,271 1,441 1,531 1,697
Net Debt 1 7,706 7,374 7,071 15,597 15,633 15,516 15,256 14,659
Reference price 2 514.60 506.60 506.00 504.50 575.50 625.00 625.00 625.00
Nbr of stocks (in thousands) 51,802 51,802 51,802 51,802 51,802 51,802 - -
Announcement Date 03/02/22 08/02/23 07/02/24 13/02/25 12/02/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.57x3.25x7.17x4.31% 39.63B
11.59x1.34x4.17x6.92% 228B
9.16x2.39x6.38x6.44% 183B
12.97x2.1x5.45x4.32% 143B
13.11x2.03x5.15x2.42% 77.98B
12.18x0.83x3.09x6.62% 77.43B
11.92x1.75x7.47x3.61% 74.41B
15.43x2.68x8.41x5.09% 57.5B
24x5.4x19.73x4.46% 56.31B
15.87x1.78x5.59x4.83% 49.24B
Average 14.98x 2.36x 7.26x 4.9% 98.64B
Weighted average by Cap. 13.16x 2.10x 6.33x 5.37%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. SCMN Stock
  4. Valuation Swisscom AG