View Future GrowthCPH Group 過去の業績過去 基準チェック /56CPH Groupは、平均年間22%の収益成長を遂げていますが、 Packaging業界の収益は、年間 減少しています。収益は、平均年間0.8% 4.9%収益成長率で 減少しています。 CPH Groupの自己資本利益率は11.5%であり、純利益率は7%です。主要情報22.00%収益成長率22.01%EPS成長率Packaging 業界の成長9.45%収益成長率-4.92%株主資本利益率11.49%ネット・マージン6.99%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Feb 19Full year 2025 earnings released: EPS: CHF3.90 (vs CHF0.78 in FY 2024)Full year 2025 results: EPS: CHF3.90 (up from CHF0.78 in FY 2024). Revenue: CHF334.1m (down 25% from FY 2024). Net income: CHF23.4m (up 403% from FY 2024). Profit margin: 7.0% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 23First half 2025 earnings released: EPS: CHF2.85 (vs CHF1.44 loss in 1H 2024)First half 2025 results: EPS: CHF2.85 (up from CHF1.44 loss in 1H 2024). Revenue: CHF176.0m (down 42% from 1H 2024). Net income: CHF17.1m (up CHF25.8m from 1H 2024). Profit margin: 9.7% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.分析記事 • Mar 01Some May Be Optimistic About CPH Group's (VTX:CPHN) EarningsInvestors were disappointed with the weak earnings posted by CPH Group AG ( VTX:CPHN ). However, our analysis suggests...Reported Earnings • Feb 26Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CHF0.78 (down from CHF13.15 in FY 2023). Revenue: CHF447.9m (down 28% from FY 2023). Net income: CHF4.65m (down 94% from FY 2023). Profit margin: 1.0% (down from 13% in FY 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 22First half 2024 earnings released: CHF1.44 loss per share (vs CHF10.10 profit in 1H 2023)First half 2024 results: CHF1.44 loss per share (down from CHF10.10 profit in 1H 2023). Revenue: CHF301.5m (down 9.1% from 1H 2023). Net loss: CHF8.66m (down 114% from profit in 1H 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 20CPH Chemie + Papier Holding AG to Report First Half, 2024 Results on Jul 18, 2024CPH Chemie + Papier Holding AG announced that they will report first half, 2024 results on Jul 18, 2024すべての更新を表示Recent updatesUpcoming Dividend • Mar 12Upcoming dividend of CHF2.00 per shareEligible shareholders must have bought the stock before 19 March 2026. Payment date: 23 March 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 93%. Trailing yield: 3.1%. Lower than top quartile of Swiss dividend payers (3.5%). Lower than average of industry peers (3.7%).Declared Dividend • Feb 20Dividend of CHF2.00 announcedDividend of CHF2.00 is the same as last year. Ex-date: 19th March 2026 Payment date: 23rd March 2026 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 19Full year 2025 earnings released: EPS: CHF3.90 (vs CHF0.78 in FY 2024)Full year 2025 results: EPS: CHF3.90 (up from CHF0.78 in FY 2024). Revenue: CHF334.1m (down 25% from FY 2024). Net income: CHF23.4m (up 403% from FY 2024). Profit margin: 7.0% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Feb 19CPH Group AG announces Annual dividend, payable on March 23, 2026CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 23, 2026, ex-date on March 19, 2026 and record date on March 20, 2026.Reported Earnings • Jul 23First half 2025 earnings released: EPS: CHF2.85 (vs CHF1.44 loss in 1H 2024)First half 2025 results: EPS: CHF2.85 (up from CHF1.44 loss in 1H 2024). Revenue: CHF176.0m (down 42% from 1H 2024). Net income: CHF17.1m (up CHF25.8m from 1H 2024). Profit margin: 9.7% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.分析記事 • Apr 10Getting In Cheap On CPH Group AG (VTX:CPHN) Is UnlikelyWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Forestry industry in Switzerland, you could be...Upcoming Dividend • Mar 14Upcoming dividend of CHF2.00 per shareEligible shareholders must have bought the stock before 20 March 2025. Payment date: 24 March 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of Swiss dividend payers (4.0%). Lower than average of industry peers (3.8%).Major Estimate Revision • Mar 03Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CHF383.4m to CHF365.7m. EPS estimate also fell from CHF6.92 per share to CHF6.21 per share. Net income forecast to grow 700% next year vs 16% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF92.53 unchanged from last update. Share price fell 4.7% to CHF72.40 over the past week.分析記事 • Mar 01Some May Be Optimistic About CPH Group's (VTX:CPHN) EarningsInvestors were disappointed with the weak earnings posted by CPH Group AG ( VTX:CPHN ). However, our analysis suggests...分析記事 • Feb 28CPH Group's (VTX:CPHN) Dividend Will Be Reduced To CHF2.00CPH Group AG's ( VTX:CPHN ) dividend is being reduced from last year's payment covering the same period to CHF2.00 on...Declared Dividend • Feb 27Dividend reduced to CHF2.00Dividend of CHF2.00 is 50% lower than last year. Ex-date: 20th March 2025 Payment date: 24th March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (258% earnings payout ratio). However, it is well covered by cash flows (40% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 187% to bring the payout ratio under control. EPS is expected to grow by 234% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 26Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CHF0.78 (down from CHF13.15 in FY 2023). Revenue: CHF447.9m (down 28% from FY 2023). Net income: CHF4.65m (down 94% from FY 2023). Profit margin: 1.0% (down from 13% in FY 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 26CPH Group AG announces Annual dividend, payable on March 24, 2025CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 24, 2025, ex-date on March 20, 2025 and record date on March 21, 2025.Major Estimate Revision • Jan 23Consensus EPS estimates fall by 34%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.54 to CHF1.02. Revenue forecast unchanged from CHF391.6m at last update. Net income forecast to grow 146% next year vs 11% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF92.78 unchanged from last update. Share price was steady at CHF80.00 over the past week.Major Estimate Revision • Dec 22Consensus revenue estimates increase by 10%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CHF354.4m to CHF391.6m. EPS estimate fell from CHF1.79 to CHF1.54. Net income forecast to grow 146% next year vs 14% growth forecast for Forestry industry in Switzerland. Consensus price target down from CHF95.03 to CHF92.78. Share price rose 6.4% to CHF72.80 over the past week.Buy Or Sell Opportunity • Dec 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to CHF68.60. The fair value is estimated to be CHF56.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 72%. Revenue is forecast to decline by 34% in 2 years. Earnings are forecast to grow by 366% in the next 2 years.Major Estimate Revision • Dec 05Consensus EPS estimates fall by 52%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.79 to CHF0.865. Revenue forecast unchanged from CHF354.2m at last update. Net income forecast to grow 147% next year vs 13% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF95.03 unchanged from last update. Share price fell 2.1% to CHF66.60 over the past week.Major Estimate Revision • Nov 24Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CHF0.865 to CHF1.00. Revenue forecast steady at CHF354.2m. Net income forecast to grow 147% next year vs 13% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF67.00 over the past week.Reported Earnings • Jul 22First half 2024 earnings released: CHF1.44 loss per share (vs CHF10.10 profit in 1H 2023)First half 2024 results: CHF1.44 loss per share (down from CHF10.10 profit in 1H 2023). Revenue: CHF301.5m (down 9.1% from 1H 2023). Net loss: CHF8.66m (down 114% from profit in 1H 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 19Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.31 to CHF0.80. Revenue forecast unchanged from CHF355.0m at last update. Net income forecast to shrink 94% next year vs 10% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF67.60 over the past week.Major Estimate Revision • Jul 11Consensus EPS estimates increase by 63%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CHF0.80 to CHF1.31. Revenue forecast unchanged at CHF355.0m. Net income forecast to shrink 94% next year vs 9.9% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF69.00 over the past week.Board Change • Jul 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Jun 27CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business.The Board of CPH Chemie + Papier Holding AG (SWX:CPHN) announced the spin-off of Paper business on March 20, 2024. Under the terms, each CPH shareholder will receive 1 share in the newly formed firm, Perlen Industrieholding AG in which the paper business and the real estate in Perlen will be bundled, for each CPH share held. The spin-off will be carried out in the form of a dividend in kind. Paper business reported revenues of CHF 262 million and EBITDA of CHF 37 million in financial year 2023. Following the transaction, CPH Chemie + Papier Holding AG will be renamed CPH Group AG and will remain listed on SIX Swiss Exchange. The shares of Perlen Industrieholding AG will be tradable over-the-counter via an appropriate platform. The transaction is subject to approval by shareholders of CPH at Extraordinary General Meeting to be held on June 20, 2024 and customary regulatory approvals. The transaction is expected to be completed by the end of the second quarter of 2024. CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business on June 25, 2024.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CHF69.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Forestry industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF76.81 per share.Buy Or Sell Opportunity • Jun 19Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to CHF92.20. The fair value is estimated to be CHF76.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 11% per annum over the same time period.Buy Or Sell Opportunity • Jun 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10.0% to CHF92.40. The fair value is estimated to be CHF75.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 11% per annum over the same time period.Major Estimate Revision • Mar 26Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CHF589.8m to CHF580.5m. EPS estimate also fell from CHF5.99 per share to CHF4.16 per share. Net income forecast to shrink 68% next year vs 9.6% decline forecast for Forestry industry in Switzerland. Consensus price target of CHF96.65 unchanged from last update. Share price rose 3.7% to CHF88.80 over the past week.Upcoming Dividend • Mar 15Upcoming dividend of CHF4.00 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 26 March 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Swiss dividend payers (4.1%). Higher than average of industry peers (3.5%).分析記事 • Mar 14Shareholders May Be More Conservative With CPH Chemie + Papier Holding AG's (VTX:CPHN) CEO Compensation For NowKey Insights CPH Chemie + Papier Holding's Annual General Meeting to take place on 20th of March Total pay for CEO...お知らせ • Feb 20CPH Chemie + Papier Holding AG to Report First Half, 2024 Results on Jul 18, 2024CPH Chemie + Papier Holding AG announced that they will report first half, 2024 results on Jul 18, 2024Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to CHF92.80. The fair value is estimated to be CHF76.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.5% in 2 years. Earnings are forecast to decline by 51% in the next 2 years.Price Target Changed • Dec 21Price target decreased by 8.4% to CHF97.95Down from CHF107, the current price target is an average from 4 analysts. New target price is 18% above last closing price of CHF82.80. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of CHF12.81 for next year compared to CHF16.83 last year.Reported Earnings • Jul 23First half 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2023 results: EPS: CHF10.10 (up from CHF7.90 in 1H 2022). Revenue: CHF331.8m (down 7.8% from 1H 2022). Net income: CHF60.6m (up 28% from 1H 2022). Profit margin: 18% (up from 13% in 1H 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 40%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.Major Estimate Revision • Mar 29Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CHF706.5m to CHF733.2m. EPS estimate increased from CHF10.43 to CHF11.93 per share. Net income forecast to shrink 26% next year vs 35% decline forecast for Forestry industry in Switzerland. Consensus price target up from CHF101 to CHF107. Share price was steady at CHF89.40 over the past week.Price Target Changed • Mar 28Price target increased by 9.7% to CHF107Up from CHF97.45, the current price target is an average from 4 analysts. New target price is 20% above last closing price of CHF89.40. Stock is up 41% over the past year. The company is forecast to post earnings per share of CHF11.93 for next year compared to CHF16.83 last year.Price Target Changed • Mar 13Price target increased by 9.5% to CHF101Up from CHF92.65, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of CHF92.80. Stock is up 44% over the past year. The company is forecast to post earnings per share of CHF11.02 for next year compared to CHF16.83 last year.Upcoming Dividend • Mar 09Upcoming dividend of CHF4.50 per share at 4.8% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Swiss dividend payers (4.2%). In line with average of industry peers (5.1%).分析記事 • Mar 07Increases to CEO Compensation Might Be Put On Hold For Now at CPH Chemie + Papier Holding AG (VTX:CPHN)Key Insights CPH Chemie + Papier Holding to hold its Annual General Meeting on 14th of March Salary of CHF520.0k is...Price Target Changed • Feb 24Price target increased by 7.4% to CHF97.65Up from CHF90.90, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CHF87.80. Stock is up 35% over the past year. The company is forecast to post earnings per share of CHF9.24 for next year compared to CHF16.83 last year.Reported Earnings • Feb 23Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: CHF16.83 (up from CHF25.26 loss in FY 2021). Revenue: CHF746.4m (up 49% from FY 2021). Net income: CHF101.0m (up CHF252.5m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to decline by 9.4% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Feb 08CPH Chemie + Papier Holding AG to Report First Half, 2023 Results on Jul 20, 2023CPH Chemie + Papier Holding AG announced that they will report first half, 2023 results on Jul 20, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jul 27CPH Chemie + Papier Holding AG Provides Earnings Guidance for the Year 2022CPH Chemie + Papier Holding AG provided earnings guidance for the year 2022. The near-term macro-economic uncertainties like the impact of geopolitical unrest between Russia and Ukraine on energy supplies, supply chain disruptions and ramifications of interest rate hikes by central banks in response to rising inflation resulted in management having a cautious outlook for 2H2022. Concrete divisional developments will depend on the unfolding of macro-economic uncertainties in the key markets and time lags in passing on the higher raw material costs to the market. Management expects FY2022 sales to be substantially higher than in FY2021 and an EBIT high double-digit millions. In absence of any unforeseen circumstances, the net result is expected in a similar range.Reported Earnings • Jul 25First half 2022 earnings: EPS exceeds analyst expectationsFirst half 2022 results: EPS: CHF7.90 (up from CHF0.97 in 1H 2021). Revenue: CHF359.9m (up 48% from 1H 2021). Net income: CHF47.4m (up CHF41.6m from 1H 2021). Profit margin: 13% (up from 2.4% in 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 3.8%, compared to a 6.7% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.Buying Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CHF89.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Jun 18Rainbows and Unicorns: CPH Chemie + Papier Holding AG (VTX:CPHN) Analysts Just Became A Lot More OptimisticCPH Chemie + Papier Holding AG ( VTX:CPHN ) shareholders will have a reason to smile today, with the analysts making...Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 14Upcoming dividend of CHF1.30 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 23 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Swiss dividend payers (3.7%). Lower than average of industry peers (3.5%).Reported Earnings • Feb 24Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: CHF25.26 loss per share (down from CHF7.82 profit in FY 2020). Revenue: CHF522.0m (up 16% from FY 2020). Net loss: CHF151.6m (down 423% from profit in FY 2020). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 2.0% compared to a 4.3% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.お知らせ • Feb 16CPH Chemie + Papier Holding AG to Report Fiscal Year 2021 Results on Feb 22, 2022CPH Chemie + Papier Holding AG announced that they will report fiscal year 2021 results on Feb 22, 2022お知らせ • Feb 03CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023.Major Estimate Revision • Jan 13Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CHF0.26 to CHF0.36. Revenue forecast steady at CHF483.4m. Net income forecast to shrink 42% next year vs 1.0% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF88.60 unchanged from last update. Share price was steady at CHF62.00 over the past week.Reported Earnings • Jul 28First half 2021 earnings released: EPS CHF0.97 (vs CHF4.56 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CHF243.7m (up 5.1% from 1H 2020). Net income: CHF5.83m (down 79% from 1H 2020). Profit margin: 2.4% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.分析記事 • May 20CPH Chemie + Papier Holding (VTX:CPHN) Shareholders Will Want The ROCE Trajectory To ContinueDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...分析記事 • Apr 30CPH Chemie + Papier Holding AG (VTX:CPHN) Has Got What It Takes To Be An Attractive Dividend StockDividend paying stocks like CPH Chemie + Papier Holding AG ( VTX:CPHN ) tend to be popular with investors, and for good...分析記事 • Mar 17CPH Chemie + Papier Holding AG (VTX:CPHN) Passed Our Checks, And It's About To Pay A CHF1.80 DividendRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see CPH Chemie...分析記事 • Mar 16Here's Why CPH Chemie + Papier Holding (VTX:CPHN) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Upcoming Dividend • Mar 15Upcoming Dividend of CHF1.80 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 22nd of March. The trailing yield of 2.7% is below the top quartile of Swiss dividend payers (3.6%), but is in line with industry peers (2.7%).Major Estimate Revision • Mar 06Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from CHF0.28 to CHF0.54. Revenue estimate for the same period was approximately flat at CHF457.6m. Net income is expected to shrink by 90% next year compared to 7.7% growth forecast for the Forestry industry in Switzerland . The consensus price target of CHF83.77 was unchanged from the last update. Share price is down by 1.2% to CHF66.20 over the past week.Analyst Estimate Surprise Post Earnings • Feb 26Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Over the next year, revenue is forecast to grow 2.4% while theForestry industry in Switzerland is not expected to grow.分析記事 • Feb 26The CPH Chemie + Papier Holding (VTX:CPHN) Share Price Has Gained 109%, So Why Not Pay It Some Attention?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...Reported Earnings • Feb 25Full year 2020 earnings released: EPS CHF7.82 (vs CHF8.06 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CHF445.4m (down 16% from FY 2019). Net income: CHF47.0m (down 2.8% from FY 2019). Profit margin: 11% (up from 9.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Feb 08Does CPH Chemie + Papier Holding (VTX:CPHN) Have The Makings Of A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...分析記事 • Jan 18Are Robust Financials Driving The Recent Rally In CPH Chemie + Papier Holding AG's (VTX:CPHN) Stock?CPH Chemie + Papier Holding (VTX:CPHN) has had a great run on the share market with its stock up by a significant 15...Is New 90 Day High Low • Jan 13New 90-day high: CHF75.00The company is up 12% from its price of CHF67.00 on 15 October 2020. The Swiss market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF52.01 per share.分析記事 • Jan 03Is Now The Time To Put CPH Chemie + Papier Holding (VTX:CPHN) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Is New 90 Day High Low • Dec 29New 90-day high: CHF72.40The company is up 8.0% from its price of CHF67.00 on 30 September 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.89 per share.分析記事 • Dec 20What Is The Ownership Structure Like For CPH Chemie + Papier Holding AG (VTX:CPHN)?The big shareholder groups in CPH Chemie + Papier Holding AG ( VTX:CPHN ) have power over the company. Insiders often...お知らせ • Dec 15CPH Chemie + Papier Holding AG to Report Fiscal Year 2020 Results on Feb 23, 2021CPH Chemie + Papier Holding AG announced that they will report fiscal year 2020 results on Feb 23, 2021Is New 90 Day High Low • Dec 11New 90-day high: CHF68.00The company is up 2.0% from its price of CHF66.40 on 11 September 2020. The Swiss market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.99 per share.分析記事 • Dec 07We Wouldn't Rely On CPH Chemie + Papier Holding's (VTX:CPHN) Statutory Earnings As A GuideStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...分析記事 • Nov 24The CPH Chemie + Papier Holding (VTX:CPHN) Share Price Has Gained 96% And Shareholders Are Hoping For MoreWhen we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...Is New 90 Day High Low • Nov 07New 90-day low: CHF61.80The company is down 10.0% from its price of CHF68.40 on 07 August 2020. The Swiss market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF46.11 per share.Major Estimate Revision • Oct 29Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from CHF4.05 to CHF5.18. Revenue estimate for the same period was approximately flat at CHF449.8m. Net income is expected to shrink by 47% next year compared to 25% decline forecast for the Forestry industry in Switzerland. The consensus price target of CHF84.63 was unchanged from the last update. Share price is down by 1.5% to CHF64.00 over the past week.Is New 90 Day High Low • Oct 21New 90-day low: CHF65.80The company is down 8.0% from its price of CHF71.40 on 22 July 2020. The Swiss market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.76 per share.収支内訳CPH Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SWX:CPHN 収益、費用、利益 ( )CHF Millions日付収益収益G+A経費研究開発費31 Dec 253342380030 Sep 253282776030 Jun 253223072031 Mar 253851879031 Dec 24448587030 Sep 24521796030 Jun 2459410104031 Mar 2460944104031 Dec 2362479103030 Sep 2366197103030 Jun 23697114103031 Mar 23711108103031 Dec 22725101102030 Sep 22669-579030 Jun 22613-11076031 Mar 22555-13184031 Dec 21497-15292030 Sep 21479-63103030 Jun 214602593031 Mar 214553693031 Dec 204494793030 Sep 2047048162030 Jun 204924988031 Mar 205104891031 Dec 195284893030 Sep 195344757030 Jun 1954147120031 Mar 1953944120031 Dec 185374292030 Sep 1852142102030 Jun 185064184031 Mar 184892984031 Dec 1747316111030 Sep 174614100030 Jun 17450-889031 Mar 17444-889031 Dec 16438-889030 Sep 16439-788030 Jun 16440-786031 Mar 16430-2086031 Dec 15420-3386030 Sep 15435-3087030 Jun 15449-26880質の高い収益: CPHNは 高品質の収益 を持っています。利益率の向上: CPHNの現在の純利益率 (7%)は、昨年(1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: CPHNの収益は過去 5 年間で年間22%増加しました。成長の加速: CPHNの過去 1 年間の収益成長率 ( 402.6% ) は、5 年間の平均 ( 年間22%を上回っています。収益対業界: CPHNの過去 1 年間の収益成長率 ( 402.6% ) はPackaging業界-19.2%を上回りました。株主資本利益率高いROE: CPHNの 自己資本利益率 ( 11.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 21:25終値2026/05/06 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋CPH Group AG 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Volker BosseBaader Helvea Equity ResearchJorg SchirmacherBaader Helvea Equity ResearchKonstantin WiechertBaader Helvea Equity Research3 その他のアナリストを表示
Reported Earnings • Feb 19Full year 2025 earnings released: EPS: CHF3.90 (vs CHF0.78 in FY 2024)Full year 2025 results: EPS: CHF3.90 (up from CHF0.78 in FY 2024). Revenue: CHF334.1m (down 25% from FY 2024). Net income: CHF23.4m (up 403% from FY 2024). Profit margin: 7.0% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 23First half 2025 earnings released: EPS: CHF2.85 (vs CHF1.44 loss in 1H 2024)First half 2025 results: EPS: CHF2.85 (up from CHF1.44 loss in 1H 2024). Revenue: CHF176.0m (down 42% from 1H 2024). Net income: CHF17.1m (up CHF25.8m from 1H 2024). Profit margin: 9.7% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
分析記事 • Mar 01Some May Be Optimistic About CPH Group's (VTX:CPHN) EarningsInvestors were disappointed with the weak earnings posted by CPH Group AG ( VTX:CPHN ). However, our analysis suggests...
Reported Earnings • Feb 26Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CHF0.78 (down from CHF13.15 in FY 2023). Revenue: CHF447.9m (down 28% from FY 2023). Net income: CHF4.65m (down 94% from FY 2023). Profit margin: 1.0% (down from 13% in FY 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 22First half 2024 earnings released: CHF1.44 loss per share (vs CHF10.10 profit in 1H 2023)First half 2024 results: CHF1.44 loss per share (down from CHF10.10 profit in 1H 2023). Revenue: CHF301.5m (down 9.1% from 1H 2023). Net loss: CHF8.66m (down 114% from profit in 1H 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 20CPH Chemie + Papier Holding AG to Report First Half, 2024 Results on Jul 18, 2024CPH Chemie + Papier Holding AG announced that they will report first half, 2024 results on Jul 18, 2024
Upcoming Dividend • Mar 12Upcoming dividend of CHF2.00 per shareEligible shareholders must have bought the stock before 19 March 2026. Payment date: 23 March 2026. Payout ratio is a comfortable 51% and the cash payout ratio is 93%. Trailing yield: 3.1%. Lower than top quartile of Swiss dividend payers (3.5%). Lower than average of industry peers (3.7%).
Declared Dividend • Feb 20Dividend of CHF2.00 announcedDividend of CHF2.00 is the same as last year. Ex-date: 19th March 2026 Payment date: 23rd March 2026 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not adequately covered by cash flows (93% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 59% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 19Full year 2025 earnings released: EPS: CHF3.90 (vs CHF0.78 in FY 2024)Full year 2025 results: EPS: CHF3.90 (up from CHF0.78 in FY 2024). Revenue: CHF334.1m (down 25% from FY 2024). Net income: CHF23.4m (up 403% from FY 2024). Profit margin: 7.0% (up from 1.0% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 19CPH Group AG announces Annual dividend, payable on March 23, 2026CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 23, 2026, ex-date on March 19, 2026 and record date on March 20, 2026.
Reported Earnings • Jul 23First half 2025 earnings released: EPS: CHF2.85 (vs CHF1.44 loss in 1H 2024)First half 2025 results: EPS: CHF2.85 (up from CHF1.44 loss in 1H 2024). Revenue: CHF176.0m (down 42% from 1H 2024). Net income: CHF17.1m (up CHF25.8m from 1H 2024). Profit margin: 9.7% (up from net loss in 1H 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
分析記事 • Apr 10Getting In Cheap On CPH Group AG (VTX:CPHN) Is UnlikelyWith a median price-to-sales (or "P/S") ratio of close to 0.6x in the Forestry industry in Switzerland, you could be...
Upcoming Dividend • Mar 14Upcoming dividend of CHF2.00 per shareEligible shareholders must have bought the stock before 20 March 2025. Payment date: 24 March 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of Swiss dividend payers (4.0%). Lower than average of industry peers (3.8%).
Major Estimate Revision • Mar 03Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CHF383.4m to CHF365.7m. EPS estimate also fell from CHF6.92 per share to CHF6.21 per share. Net income forecast to grow 700% next year vs 16% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF92.53 unchanged from last update. Share price fell 4.7% to CHF72.40 over the past week.
分析記事 • Mar 01Some May Be Optimistic About CPH Group's (VTX:CPHN) EarningsInvestors were disappointed with the weak earnings posted by CPH Group AG ( VTX:CPHN ). However, our analysis suggests...
分析記事 • Feb 28CPH Group's (VTX:CPHN) Dividend Will Be Reduced To CHF2.00CPH Group AG's ( VTX:CPHN ) dividend is being reduced from last year's payment covering the same period to CHF2.00 on...
Declared Dividend • Feb 27Dividend reduced to CHF2.00Dividend of CHF2.00 is 50% lower than last year. Ex-date: 20th March 2025 Payment date: 24th March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (258% earnings payout ratio). However, it is well covered by cash flows (40% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 187% to bring the payout ratio under control. EPS is expected to grow by 234% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 26Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CHF0.78 (down from CHF13.15 in FY 2023). Revenue: CHF447.9m (down 28% from FY 2023). Net income: CHF4.65m (down 94% from FY 2023). Profit margin: 1.0% (down from 13% in FY 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Forestry industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 26CPH Group AG announces Annual dividend, payable on March 24, 2025CPH Group AG announced Annual dividend of CHF 2.0000 per share payable on March 24, 2025, ex-date on March 20, 2025 and record date on March 21, 2025.
Major Estimate Revision • Jan 23Consensus EPS estimates fall by 34%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.54 to CHF1.02. Revenue forecast unchanged from CHF391.6m at last update. Net income forecast to grow 146% next year vs 11% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF92.78 unchanged from last update. Share price was steady at CHF80.00 over the past week.
Major Estimate Revision • Dec 22Consensus revenue estimates increase by 10%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CHF354.4m to CHF391.6m. EPS estimate fell from CHF1.79 to CHF1.54. Net income forecast to grow 146% next year vs 14% growth forecast for Forestry industry in Switzerland. Consensus price target down from CHF95.03 to CHF92.78. Share price rose 6.4% to CHF72.80 over the past week.
Buy Or Sell Opportunity • Dec 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.9% to CHF68.60. The fair value is estimated to be CHF56.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 72%. Revenue is forecast to decline by 34% in 2 years. Earnings are forecast to grow by 366% in the next 2 years.
Major Estimate Revision • Dec 05Consensus EPS estimates fall by 52%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.79 to CHF0.865. Revenue forecast unchanged from CHF354.2m at last update. Net income forecast to grow 147% next year vs 13% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF95.03 unchanged from last update. Share price fell 2.1% to CHF66.60 over the past week.
Major Estimate Revision • Nov 24Consensus EPS estimates increase by 16%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CHF0.865 to CHF1.00. Revenue forecast steady at CHF354.2m. Net income forecast to grow 147% next year vs 13% growth forecast for Forestry industry in Switzerland. Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF67.00 over the past week.
Reported Earnings • Jul 22First half 2024 earnings released: CHF1.44 loss per share (vs CHF10.10 profit in 1H 2023)First half 2024 results: CHF1.44 loss per share (down from CHF10.10 profit in 1H 2023). Revenue: CHF301.5m (down 9.1% from 1H 2023). Net loss: CHF8.66m (down 114% from profit in 1H 2023). Revenue is expected to decline by 15% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to grow by 4.4%. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 19Consensus EPS estimates fall by 39%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from CHF1.31 to CHF0.80. Revenue forecast unchanged from CHF355.0m at last update. Net income forecast to shrink 94% next year vs 10% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF67.60 over the past week.
Major Estimate Revision • Jul 11Consensus EPS estimates increase by 63%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from CHF0.80 to CHF1.31. Revenue forecast unchanged at CHF355.0m. Net income forecast to shrink 94% next year vs 9.9% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF95.03 unchanged from last update. Share price was steady at CHF69.00 over the past week.
Board Change • Jul 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. No independent directors (6 non-independent directors). Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Jun 27CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business.The Board of CPH Chemie + Papier Holding AG (SWX:CPHN) announced the spin-off of Paper business on March 20, 2024. Under the terms, each CPH shareholder will receive 1 share in the newly formed firm, Perlen Industrieholding AG in which the paper business and the real estate in Perlen will be bundled, for each CPH share held. The spin-off will be carried out in the form of a dividend in kind. Paper business reported revenues of CHF 262 million and EBITDA of CHF 37 million in financial year 2023. Following the transaction, CPH Chemie + Papier Holding AG will be renamed CPH Group AG and will remain listed on SIX Swiss Exchange. The shares of Perlen Industrieholding AG will be tradable over-the-counter via an appropriate platform. The transaction is subject to approval by shareholders of CPH at Extraordinary General Meeting to be held on June 20, 2024 and customary regulatory approvals. The transaction is expected to be completed by the end of the second quarter of 2024. CPH Chemie + Papier Holding AG completed the Spin-Off of Paper business on June 25, 2024.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to CHF69.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 12x in the Forestry industry in Europe. Total returns to shareholders of 13% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF76.81 per share.
Buy Or Sell Opportunity • Jun 19Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.6% to CHF92.20. The fair value is estimated to be CHF76.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 11% per annum over the same time period.
Buy Or Sell Opportunity • Jun 13Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 10.0% to CHF92.40. The fair value is estimated to be CHF75.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 1.3% per annum. Earnings are forecast to decline by 11% per annum over the same time period.
Major Estimate Revision • Mar 26Consensus EPS estimates fall by 31%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CHF589.8m to CHF580.5m. EPS estimate also fell from CHF5.99 per share to CHF4.16 per share. Net income forecast to shrink 68% next year vs 9.6% decline forecast for Forestry industry in Switzerland. Consensus price target of CHF96.65 unchanged from last update. Share price rose 3.7% to CHF88.80 over the past week.
Upcoming Dividend • Mar 15Upcoming dividend of CHF4.00 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 26 March 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of Swiss dividend payers (4.1%). Higher than average of industry peers (3.5%).
分析記事 • Mar 14Shareholders May Be More Conservative With CPH Chemie + Papier Holding AG's (VTX:CPHN) CEO Compensation For NowKey Insights CPH Chemie + Papier Holding's Annual General Meeting to take place on 20th of March Total pay for CEO...
お知らせ • Feb 20CPH Chemie + Papier Holding AG to Report First Half, 2024 Results on Jul 18, 2024CPH Chemie + Papier Holding AG announced that they will report first half, 2024 results on Jul 18, 2024
Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to CHF92.80. The fair value is estimated to be CHF76.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.5% in 2 years. Earnings are forecast to decline by 51% in the next 2 years.
Price Target Changed • Dec 21Price target decreased by 8.4% to CHF97.95Down from CHF107, the current price target is an average from 4 analysts. New target price is 18% above last closing price of CHF82.80. Stock is up 7.8% over the past year. The company is forecast to post earnings per share of CHF12.81 for next year compared to CHF16.83 last year.
Reported Earnings • Jul 23First half 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFirst half 2023 results: EPS: CHF10.10 (up from CHF7.90 in 1H 2022). Revenue: CHF331.8m (down 7.8% from 1H 2022). Net income: CHF60.6m (up 28% from 1H 2022). Profit margin: 18% (up from 13% in 1H 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 40%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 8% per year.
Major Estimate Revision • Mar 29Consensus EPS estimates increase by 14%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from CHF706.5m to CHF733.2m. EPS estimate increased from CHF10.43 to CHF11.93 per share. Net income forecast to shrink 26% next year vs 35% decline forecast for Forestry industry in Switzerland. Consensus price target up from CHF101 to CHF107. Share price was steady at CHF89.40 over the past week.
Price Target Changed • Mar 28Price target increased by 9.7% to CHF107Up from CHF97.45, the current price target is an average from 4 analysts. New target price is 20% above last closing price of CHF89.40. Stock is up 41% over the past year. The company is forecast to post earnings per share of CHF11.93 for next year compared to CHF16.83 last year.
Price Target Changed • Mar 13Price target increased by 9.5% to CHF101Up from CHF92.65, the current price target is an average from 4 analysts. New target price is 9.3% above last closing price of CHF92.80. Stock is up 44% over the past year. The company is forecast to post earnings per share of CHF11.02 for next year compared to CHF16.83 last year.
Upcoming Dividend • Mar 09Upcoming dividend of CHF4.50 per share at 4.8% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 20 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Swiss dividend payers (4.2%). In line with average of industry peers (5.1%).
分析記事 • Mar 07Increases to CEO Compensation Might Be Put On Hold For Now at CPH Chemie + Papier Holding AG (VTX:CPHN)Key Insights CPH Chemie + Papier Holding to hold its Annual General Meeting on 14th of March Salary of CHF520.0k is...
Price Target Changed • Feb 24Price target increased by 7.4% to CHF97.65Up from CHF90.90, the current price target is an average from 4 analysts. New target price is 11% above last closing price of CHF87.80. Stock is up 35% over the past year. The company is forecast to post earnings per share of CHF9.24 for next year compared to CHF16.83 last year.
Reported Earnings • Feb 23Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: CHF16.83 (up from CHF25.26 loss in FY 2021). Revenue: CHF746.4m (up 49% from FY 2021). Net income: CHF101.0m (up CHF252.5m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to decline by 9.4% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Feb 08CPH Chemie + Papier Holding AG to Report First Half, 2023 Results on Jul 20, 2023CPH Chemie + Papier Holding AG announced that they will report first half, 2023 results on Jul 20, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 27CPH Chemie + Papier Holding AG Provides Earnings Guidance for the Year 2022CPH Chemie + Papier Holding AG provided earnings guidance for the year 2022. The near-term macro-economic uncertainties like the impact of geopolitical unrest between Russia and Ukraine on energy supplies, supply chain disruptions and ramifications of interest rate hikes by central banks in response to rising inflation resulted in management having a cautious outlook for 2H2022. Concrete divisional developments will depend on the unfolding of macro-economic uncertainties in the key markets and time lags in passing on the higher raw material costs to the market. Management expects FY2022 sales to be substantially higher than in FY2021 and an EBIT high double-digit millions. In absence of any unforeseen circumstances, the net result is expected in a similar range.
Reported Earnings • Jul 25First half 2022 earnings: EPS exceeds analyst expectationsFirst half 2022 results: EPS: CHF7.90 (up from CHF0.97 in 1H 2021). Revenue: CHF359.9m (up 48% from 1H 2021). Net income: CHF47.4m (up CHF41.6m from 1H 2021). Profit margin: 13% (up from 2.4% in 1H 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.2%. Over the next year, revenue is forecast to grow 3.8%, compared to a 6.7% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Jun 21Now 20% undervaluedOver the last 90 days, the stock is up 11%. The fair value is estimated to be CHF89.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Jun 18Rainbows and Unicorns: CPH Chemie + Papier Holding AG (VTX:CPHN) Analysts Just Became A Lot More OptimisticCPH Chemie + Papier Holding AG ( VTX:CPHN ) shareholders will have a reason to smile today, with the analysts making...
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Director Claudine Mollenkopf was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 14Upcoming dividend of CHF1.30 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 23 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of Swiss dividend payers (3.7%). Lower than average of industry peers (3.5%).
Reported Earnings • Feb 24Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: CHF25.26 loss per share (down from CHF7.82 profit in FY 2020). Revenue: CHF522.0m (up 16% from FY 2020). Net loss: CHF151.6m (down 423% from profit in FY 2020). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 2.0% compared to a 4.3% growth forecast for the industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 16CPH Chemie + Papier Holding AG to Report Fiscal Year 2021 Results on Feb 22, 2022CPH Chemie + Papier Holding AG announced that they will report fiscal year 2021 results on Feb 22, 2022
お知らせ • Feb 03CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023CPH Chemie + Papier Holding AG, Annual General Meeting, Mar 14, 2023.
Major Estimate Revision • Jan 13Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from CHF0.26 to CHF0.36. Revenue forecast steady at CHF483.4m. Net income forecast to shrink 42% next year vs 1.0% growth forecast for Forestry industry in Switzerland . Consensus price target of CHF88.60 unchanged from last update. Share price was steady at CHF62.00 over the past week.
Reported Earnings • Jul 28First half 2021 earnings released: EPS CHF0.97 (vs CHF4.56 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: CHF243.7m (up 5.1% from 1H 2020). Net income: CHF5.83m (down 79% from 1H 2020). Profit margin: 2.4% (down from 12% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
分析記事 • May 20CPH Chemie + Papier Holding (VTX:CPHN) Shareholders Will Want The ROCE Trajectory To ContinueDid you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
分析記事 • Apr 30CPH Chemie + Papier Holding AG (VTX:CPHN) Has Got What It Takes To Be An Attractive Dividend StockDividend paying stocks like CPH Chemie + Papier Holding AG ( VTX:CPHN ) tend to be popular with investors, and for good...
分析記事 • Mar 17CPH Chemie + Papier Holding AG (VTX:CPHN) Passed Our Checks, And It's About To Pay A CHF1.80 DividendRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see CPH Chemie...
分析記事 • Mar 16Here's Why CPH Chemie + Papier Holding (VTX:CPHN) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Upcoming Dividend • Mar 15Upcoming Dividend of CHF1.80 Per ShareWill be paid on the 24th of March to those who are registered shareholders by the 22nd of March. The trailing yield of 2.7% is below the top quartile of Swiss dividend payers (3.6%), but is in line with industry peers (2.7%).
Major Estimate Revision • Mar 06Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from CHF0.28 to CHF0.54. Revenue estimate for the same period was approximately flat at CHF457.6m. Net income is expected to shrink by 90% next year compared to 7.7% growth forecast for the Forestry industry in Switzerland . The consensus price target of CHF83.77 was unchanged from the last update. Share price is down by 1.2% to CHF66.20 over the past week.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 46%. Over the next year, revenue is forecast to grow 2.4% while theForestry industry in Switzerland is not expected to grow.
分析記事 • Feb 26The CPH Chemie + Papier Holding (VTX:CPHN) Share Price Has Gained 109%, So Why Not Pay It Some Attention?When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
Reported Earnings • Feb 25Full year 2020 earnings released: EPS CHF7.82 (vs CHF8.06 in FY 2019)The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: CHF445.4m (down 16% from FY 2019). Net income: CHF47.0m (down 2.8% from FY 2019). Profit margin: 11% (up from 9.2% in FY 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Feb 08Does CPH Chemie + Papier Holding (VTX:CPHN) Have The Makings Of A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
分析記事 • Jan 18Are Robust Financials Driving The Recent Rally In CPH Chemie + Papier Holding AG's (VTX:CPHN) Stock?CPH Chemie + Papier Holding (VTX:CPHN) has had a great run on the share market with its stock up by a significant 15...
Is New 90 Day High Low • Jan 13New 90-day high: CHF75.00The company is up 12% from its price of CHF67.00 on 15 October 2020. The Swiss market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF52.01 per share.
分析記事 • Jan 03Is Now The Time To Put CPH Chemie + Papier Holding (VTX:CPHN) On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Is New 90 Day High Low • Dec 29New 90-day high: CHF72.40The company is up 8.0% from its price of CHF67.00 on 30 September 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.89 per share.
分析記事 • Dec 20What Is The Ownership Structure Like For CPH Chemie + Papier Holding AG (VTX:CPHN)?The big shareholder groups in CPH Chemie + Papier Holding AG ( VTX:CPHN ) have power over the company. Insiders often...
お知らせ • Dec 15CPH Chemie + Papier Holding AG to Report Fiscal Year 2020 Results on Feb 23, 2021CPH Chemie + Papier Holding AG announced that they will report fiscal year 2020 results on Feb 23, 2021
Is New 90 Day High Low • Dec 11New 90-day high: CHF68.00The company is up 2.0% from its price of CHF66.40 on 11 September 2020. The Swiss market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.99 per share.
分析記事 • Dec 07We Wouldn't Rely On CPH Chemie + Papier Holding's (VTX:CPHN) Statutory Earnings As A GuideStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...
分析記事 • Nov 24The CPH Chemie + Papier Holding (VTX:CPHN) Share Price Has Gained 96% And Shareholders Are Hoping For MoreWhen we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make...
Is New 90 Day High Low • Nov 07New 90-day low: CHF61.80The company is down 10.0% from its price of CHF68.40 on 07 August 2020. The Swiss market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF46.11 per share.
Major Estimate Revision • Oct 29Analysts update estimatesThe 2020 consensus earning per share (EPS) estimate increased from CHF4.05 to CHF5.18. Revenue estimate for the same period was approximately flat at CHF449.8m. Net income is expected to shrink by 47% next year compared to 25% decline forecast for the Forestry industry in Switzerland. The consensus price target of CHF84.63 was unchanged from the last update. Share price is down by 1.5% to CHF64.00 over the past week.
Is New 90 Day High Low • Oct 21New 90-day low: CHF65.80The company is down 8.0% from its price of CHF71.40 on 22 July 2020. The Swiss market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF51.76 per share.