View Future GrowthALSO Holding 過去の業績過去 基準チェック /16ALSO Holdingの収益は年間平均-6.8%の割合で減少していますが、 Electronic業界の収益は年間 増加しています。収益は年間5.8% 1.9%割合で 減少しています。 ALSO Holdingの自己資本利益率は8.7%であり、純利益率は0.8%です。主要情報-6.78%収益成長率-5.89%EPS成長率Electronic 業界の成長5.51%収益成長率-1.86%株主資本利益率8.67%ネット・マージン0.81%次回の業績アップデート21 Jul 2026最近の業績更新Reported Earnings • Feb 22Full year 2025 earnings releasedFull year 2025 results: Revenue: €13.5b (up 42% from FY 2024). Net income: €109.3m (down 5.0% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom.お知らせ • Sep 10+ 1 more updateALSO Holding AG to Report First Half, 2026 Results on Jul 21, 2026ALSO Holding AG announced that they will report first half, 2026 results on Jul 21, 2026Reported Earnings • Jul 24First half 2025 earnings released: EPS: €3.38 (vs €3.40 in 1H 2024)First half 2025 results: EPS: €3.38. Revenue: €5.93b (up 39% from 1H 2024). Net income: €43.0m (up 3.1% from 1H 2024). Profit margin: 0.7% (down from 1.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom.Reported Earnings • Feb 21Full year 2024 earnings released: EPS: €9.39 (vs €10.07 in FY 2023)Full year 2024 results: EPS: €9.39 (down from €10.07 in FY 2023). Revenue: €9.51b (down 4.6% from FY 2023). Net income: €115.1m (down 7.0% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 19ALSO Holding AG to Report First Half, 2025 Results on Jul 22, 2025ALSO Holding AG announced that they will report first half, 2025 results on Jul 22, 2025お知らせ • Nov 17ALSO Holding AG to Report Fiscal Year 2024 Results on Feb 18, 2025ALSO Holding AG announced that they will report fiscal year 2024 results on Feb 18, 2025すべての更新を表示Recent updatesBuy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CHF156. The fair value is estimated to be CHF195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Upcoming Dividend • Mar 13Upcoming dividend of CHF5.30 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 24 March 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (0.9%).お知らせ • Mar 05ALSO Holding AG (SWX:ALSN) announces an Equity Buyback for €120 million worth of its shares.ALSO Holding AG (SWX:ALSN) announces a share repurchase program. Under the program, the company will repurchase up to 9.74% of its issued share capital, for €120 million. The repurchased shares will be used for treasury purposes including the financing of potential acquisitions, increasing liquidity, and long-term incentives for the management of the company.お知らせ • Feb 27ALSO Holding AG, Annual General Meeting, Mar 18, 2026ALSO Holding AG, Annual General Meeting, Mar 18, 2026, at 14:30 W. Europe Standard Time.Buy Or Sell Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CHF161. The fair value is estimated to be CHF203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.Declared Dividend • Feb 23Dividend of CHF5.30 announcedShareholders will receive a dividend of CHF5.30. Ex-date: 20th March 2026 Payment date: 24th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 22Full year 2025 earnings releasedFull year 2025 results: Revenue: €13.5b (up 42% from FY 2024). Net income: €109.3m (down 5.0% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom.お知らせ • Feb 18ALSO Holding AG announces Annual dividend, payable on March 24, 2026ALSO Holding AG announced Annual dividend of CHF 5.3000 per share payable on March 24, 2026, ex-date on March 20, 2026 and record date on March 23, 2026.New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 2.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (2.8% average weekly change).Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to CHF142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 16% over the past three years.New Risk • Oct 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.お知らせ • Sep 10+ 1 more updateALSO Holding AG to Report First Half, 2026 Results on Jul 21, 2026ALSO Holding AG announced that they will report first half, 2026 results on Jul 21, 2026Reported Earnings • Jul 24First half 2025 earnings released: EPS: €3.38 (vs €3.40 in 1H 2024)First half 2025 results: EPS: €3.38. Revenue: €5.93b (up 39% from 1H 2024). Net income: €43.0m (up 3.1% from 1H 2024). Profit margin: 0.7% (down from 1.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom.Board Change • Apr 01Insufficient new 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. Independent Director Thomas Furer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 22ALSO Holding AG Approves Dividend, Distribution to Shareholders Starting March 25, 2025ALSO Holding AG at the Annual General Meeting on 19 March 2025 approved an increase in the dividend by CHF 0.30 to CHF 5.10. The dividend will be distributed to shareholders starting March 25, 2025.Upcoming Dividend • Mar 14Upcoming dividend of CHF5.10 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (1.7%).お知らせ • Feb 27ALSO Holding AG, Annual General Meeting, Mar 19, 2025ALSO Holding AG, Annual General Meeting, Mar 19, 2025, at 14:30 W. Europe Standard Time.Reported Earnings • Feb 21Full year 2024 earnings released: EPS: €9.39 (vs €10.07 in FY 2023)Full year 2024 results: EPS: €9.39 (down from €10.07 in FY 2023). Revenue: €9.51b (down 4.6% from FY 2023). Net income: €115.1m (down 7.0% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Feb 19ALSO Holding AG to Report First Half, 2025 Results on Jul 22, 2025ALSO Holding AG announced that they will report first half, 2025 results on Jul 22, 2025お知らせ • Feb 18ALSO Holding AG Proposes Thirteen Consecutive Dividend IncreaseALSO Holding AG announced that due to the solid liquidity position and the excellent prospects, the Board of Directors is proposing another increased dividend of CHF 5.10 to shareholders. ALSO proposed 13th consecutive dividend increase.お知らせ • Nov 17ALSO Holding AG to Report Fiscal Year 2024 Results on Feb 18, 2025ALSO Holding AG announced that they will report fiscal year 2024 results on Feb 18, 2025お知らせ • Aug 16+ 1 more updateALSO Holding AG (SWX:ALSN) completed the acquisition of Entec A.s.ALSO Holding AG (SWX:ALSN) agreed to acquire Entec A.s. on December 22, 2023. The transaction is subject to customary closing conditions and regulatory approval. ALSO Holding AG (SWX:ALSN) completed the acquisition of Entec A.s. on August 16, 2024. The transaction has received the regulatory approval.Reported Earnings • Jul 28First half 2024 earnings released: EPS: €3.40 (vs €4.24 in 1H 2023)First half 2024 results: EPS: €3.40 (down from €4.24 in 1H 2023). Revenue: €4.28b (down 11% from 1H 2023). Net income: €41.7m (down 21% from 1H 2023). Profit margin: 1.0% (in line with 1H 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 18Upcoming dividend of CHF4.80 per shareEligible shareholders must have bought the stock before 25 March 2024. Payment date: 27 March 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (1.6%).お知らせ • Mar 15ALSO Holding AG Appoints Future Group ManagementALSO Holding AG announced future group management board. The plan for the optimum alignment of the company to the tasks of the future is entering its next phase. In order to improve sales and profitability even more and at the same time further increase the necessary speed and flexibility, the Group Management Board will in future consist of a team of eight people. Ingo Adolphs, Tom Brunner, Jorge Gállego, Wolfgang Krainz and Espen Zachariassen will join Jan Bogdanovich, Andreas Kuhn, and Thomas Meyerhans. The future CEO will be appointed from among these experienced managers, all of whom have been with the company for years.お知らせ • Feb 20ALSO Holding AG to Report First Half, 2024 Results on Jul 24, 2024ALSO Holding AG announced that they will report first half, 2024 results on Jul 24, 2024お知らせ • Dec 23ALSO Holding AG, Annual General Meeting, Mar 21, 2024ALSO Holding AG, Annual General Meeting, Mar 21, 2024.お知らせ • Dec 14ALSO Announces Resignation of Beate Flamm as SVP Sustainable ChangeALSO announced the resignation of Beate Flamm, SVP Sustainable Change, after the next Annual General Meeting. Under her leadership, the coordination of Investor Relations was established within the company and the commitment to environmental, social and governance topics, as an increasingly important part of capital market communication, was further expanded. In future, both IR and ESG will be part of the Finance division. Marketing, for which Flamm was also responsible, continues to be managed as an independent Centre of Competence and will be staffed internally.お知らせ • Dec 12ALSO Holding AG (SWX:ALSN) acquired Commaxx As.ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals. Jostein Sæberg Gultvedt of Danske Bank A/S, Norway Branch acted as financial advisor of Commaxx As. ALSO Holding AG (SWX:ALSN) completed the acquisition of Commaxx As on December 11, 2023. The acquisition is completed after receiving regulatory approvals in Denmark, Sweden and Norway.お知らせ • Dec 07ALSO Holding AG to Report Fiscal Year 2023 Results on Feb 20, 2024ALSO Holding AG announced that they will report fiscal year 2023 results on Feb 20, 2024お知らせ • Nov 17ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH.ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH on November 15, 2023. The acquisition is subject to the standard regulatory approvals.Reported Earnings • Jul 28First half 2023 earnings released: EPS: €4.24 (vs €4.91 in 1H 2022)First half 2023 results: EPS: €4.24 (down from €4.91 in 1H 2022). Revenue: €4.83b (down 13% from 1H 2022). Net income: €52.5m (down 17% from 1H 2022). Profit margin: 1.1% (in line with 1H 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Jun 30ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As.ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals.Buying Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.3%. The fair value is estimated to be CHF227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.Upcoming Dividend • Mar 14Upcoming dividend of CHF4.60 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 March 2023. Payment date: 23 March 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).Reported Earnings • Feb 22Full year 2022 earnings released: EPS: €11.91 (vs €12.01 in FY 2021)Full year 2022 results: EPS: €11.91 (down from €12.01 in FY 2021). Revenue: €11.6b (flat on FY 2021). Net income: €152.1m (down 1.3% from FY 2021). Profit margin: 1.3% (in line with FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.Upcoming Dividend • Mar 15Upcoming dividend of CHF4.30 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 24 March 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.4%).Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €303, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €12.01 (up from €10.14 in FY 2020). Revenue: €12.4b (up 4.2% from FY 2020). Net income: €154.0m (up 18% from FY 2020). Profit margin: 1.2% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 8.1%, compared to a 6.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.Buying Opportunity • Feb 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €315, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years.Reported Earnings • Jul 23First half 2021 earnings released: EPS €5.06 (vs €3.50 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €5.92b (up 9.7% from 1H 2020). Net income: €64.9m (up 45% from 1H 2020). Profit margin: 1.1% (up from 0.8% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 13Upcoming Dividend of CHF3.75 Per ShareWill be paid on the 23rd of March to those who are registered shareholders by the 19th of March. The trailing yield of 1.4% is below the top quartile of British dividend payers (4.5%), but it is higher than industry peers (1.0%).Is New 90 Day High Low • Mar 02New 90-day high: CHF262The company is up 11% from its price of CHF236 on 02 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF303 per share.Reported Earnings • Feb 25Full year 2020 earnings released: EPS €10.14 (vs €7.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €11.9b (up 11% from FY 2019). Net income: €130.1m (up 30% from FY 2019). Profit margin: 1.1% (up from 0.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.5%, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom.Is New 90 Day High Low • Dec 30New 90-day high: CHF252The company is up 2.0% from its price of CHF246 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF84.77 per share.お知らせ • Dec 23ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O.ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O. on December 21, 2020. DAQUAS Spol. S R.O. reported revenue of about €16 million for the year ended December 31, 2019. ALSO Holding AG (SWX:ALSN) completed the acquisition of DAQUAS Spol. S R.O. on December 21, 2020.Valuation Update With 7 Day Price Move • Dec 10Market pulls back on stock over the past weekAfter last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.9x, down from the previous P/E ratio of 46.3x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 1.8%.Is New 90 Day High Low • Dec 07New 90-day low: CHF127The company is down 46% from its price of CHF236 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF40.69 per share.Valuation Update With 7 Day Price Move • Dec 07Market pulls back on stock over the past weekAfter last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.1x, down from the previous P/E ratio of 46.6x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.3%.お知らせ • Dec 03ALSO Holding AG Boosts Growth in Eastern Europe with HP IncALSO Holding AG boosts growth in Eastern Europe with HP Inc. Due to the company's successful development in Eastern Europe, ALSO has now been able to expand its cooperation with HP Inc. In the future, additional countries in the region, including Hungary, Romania, the Czech Republic and Slovakia, will be supplied with HP Inc. products by the Technology Provider.Valuation Update With 7 Day Price Move • Nov 30Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.3x, down from the previous P/E ratio of 45x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%.Valuation Update With 7 Day Price Move • Nov 26Market pulls back on stock over the past weekAfter last week's 45% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.6x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%.Valuation Update With 7 Day Price Move • Nov 23Market pulls back on stock over the past weekAfter last week's 48% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 46.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat.Valuation Update With 7 Day Price Move • Nov 20Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 43.3x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat.Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.5x, down from the previous P/E ratio of 40.9x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 4.4%.Valuation Update With 7 Day Price Move • Nov 05Market pulls back on stock over the past weekAfter last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.1x, down from the previous P/E ratio of 40.4x. This compares to an average P/E of 29x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.2%.Is New 90 Day High Low • Nov 05New 90-day low: CHF127The company is down 47% from its price of CHF241 on 06 August 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF50.99 per share.Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 23.2x, down from the previous P/E ratio of 41.3x. This compares to an average P/E of 28x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.0%.Is New 90 Day High Low • Oct 15New 90-day low: CHF235The company is down 6.0% from its price of CHF251 on 17 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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 CHF90.81 per share.お知らせ • Sep 23ALSO Holding AG Launches Marketplace Platform for Artificial IntelligenceALSO Holding AG, launched a new Artificial Intelligence Marketplace Platform as the latest component of its ecosystem. It will bring together technologies, products and services from leading AI vendors with ALSO's network of experts, including solution architects, data scientists, and AI developers. Offers range from building blocks to fully managed services. Experts agree: AI offers impressive opportunities for society and businesses alike. Some European governments partnered with AI start-ups to monitor the outcomes of social distancing rules. Hospitals across Europe are using AI to speed up COVID-19 diagnosis and testing, provide automated remote consultations, and optimize capacity at hospitals. AI use cases include sales process recommendation and automation, digital assistance for knowledge worker, and cybersecurity threat intelligence. Some of the fastest growing use cases are automated human resources, IT automation and pharmaceutical research and discovery. The combination with applications like Robotic Process Automation can be a game changer for manufacturing or administration, when it comes to repetitive, time-consuming or error-prone tasks. Experts predict the total addressable market for AI to more than double in the next four years, growing from 156.5 billion USD to more than 300 billion USD in 2024.お知らせ • Sep 22ALSO Holding AG Announces Appointment of Peter Ivanov as Head of Artificial IntelligenceALSO Holding AG announced the appointment of Peter Ivanov as Head of Artificial Intelligence. Bulgarian Ivanov joined ALSO in 2019. He has strong track record of nearly 30 years in the IT industry and is passionate about building new solutions with the latest technologies for the channel.お知らせ • Sep 18ALSO Group Appoints Jan Bogdanovich as a Member of the Group ManagementALSO Holding AG announced that computer scientist Jan Bogdanovich, currently Senior Vice President Consumptional Business, has been appointed as a member of the Group Management by the ALSO Group. While studying Computer Science at the University of Latvia in Riga, he already held a job at a company which was the first IT as-a-Service provider in the Baltics and acquired several industry vendor certifications. He then founded a Research and Development Center for Cloud Platforms to enable digital marketplaces for the channel. After joining ALSO in 2014, he played an integral role in the deployment of the ALSO Cloud Marketplace and developed the Platform as-a-Service concept for ALSO.お知らせ • Aug 20ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H..ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H. on August 19, 2020. In 2019, Dicom reported a total revenues of €30 million. The deal is subject to the standard regulatory approvals.収支内訳ALSO Holding 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LSE:0QLW 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 2513,501109356030 Sep 2512,327113333030 Jun 2511,153116311031 Mar 2510,329116290031 Dec 249,506115270030 Sep 249,458114263030 Jun 249,410113257031 Mar 249,685118259031 Dec 239,960124261030 Sep 2310,408133265030 Jun 2310,857142270031 Mar 2311,205147269031 Dec 2211,553152268030 Sep 2211,559152224030 Jun 2211,565152180031 Mar 2211,580153217031 Dec 2111,595154254030 Sep 2111,825152247030 Jun 2112,056150240031 Mar 2111,977140239031 Dec 2011,898130239030 Sep 2011,609121242030 Jun 2011,319111245031 Mar 2011,006105237031 Dec 1910,693100228030 Sep 1910,22994226030 Jun 199,76688223031 Mar 199,47185228031 Dec 189,17681232030 Sep 189,05982240030 Jun 188,94283247031 Mar 188,91688244031 Dec 178,89193240030 Sep 178,908104176030 Jun 178,34392241031 Mar 178,13288235031 Dec 167,98483230030 Sep 167,89579226030 Jun 167,89366227031 Mar 167,84065232031 Dec 157,79263232030 Sep 157,70059249030 Jun 157,629652400質の高い収益: 0QLWは 高品質の収益 を持っています。利益率の向上: 0QLWの現在の純利益率 (0.8%)は、昨年(1.2%)よりも低くなっています。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: 0QLWの収益は過去 5 年間で年間6.8%減少しました。成長の加速: 0QLWは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 0QLWは過去 1 年間で収益成長率がマイナス ( -5% ) となったため、 Electronic業界平均 ( 9.2% ) と比較することが困難です。株主資本利益率高いROE: 0QLWの 自己資本利益率 ( 8.7% ) 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7D1Y7D1Y7D1YTech 、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2026/05/24 11:05終値2026/05/22 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ALSO Holding AG 6 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。11 アナリスト機関Gerhard SchwarzBaader Helvea Equity ResearchKnut WollerBaader Helvea Equity ResearchNicole WinklerBerenberg8 その他のアナリストを表示
Reported Earnings • Feb 22Full year 2025 earnings releasedFull year 2025 results: Revenue: €13.5b (up 42% from FY 2024). Net income: €109.3m (down 5.0% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom.
お知らせ • Sep 10+ 1 more updateALSO Holding AG to Report First Half, 2026 Results on Jul 21, 2026ALSO Holding AG announced that they will report first half, 2026 results on Jul 21, 2026
Reported Earnings • Jul 24First half 2025 earnings released: EPS: €3.38 (vs €3.40 in 1H 2024)First half 2025 results: EPS: €3.38. Revenue: €5.93b (up 39% from 1H 2024). Net income: €43.0m (up 3.1% from 1H 2024). Profit margin: 0.7% (down from 1.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom.
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: €9.39 (vs €10.07 in FY 2023)Full year 2024 results: EPS: €9.39 (down from €10.07 in FY 2023). Revenue: €9.51b (down 4.6% from FY 2023). Net income: €115.1m (down 7.0% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 19ALSO Holding AG to Report First Half, 2025 Results on Jul 22, 2025ALSO Holding AG announced that they will report first half, 2025 results on Jul 22, 2025
お知らせ • Nov 17ALSO Holding AG to Report Fiscal Year 2024 Results on Feb 18, 2025ALSO Holding AG announced that they will report fiscal year 2024 results on Feb 18, 2025
Buy Or Sell Opportunity • Apr 28Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to CHF156. The fair value is estimated to be CHF195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Upcoming Dividend • Mar 13Upcoming dividend of CHF5.30 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 24 March 2026. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (0.9%).
お知らせ • Mar 05ALSO Holding AG (SWX:ALSN) announces an Equity Buyback for €120 million worth of its shares.ALSO Holding AG (SWX:ALSN) announces a share repurchase program. Under the program, the company will repurchase up to 9.74% of its issued share capital, for €120 million. The repurchased shares will be used for treasury purposes including the financing of potential acquisitions, increasing liquidity, and long-term incentives for the management of the company.
お知らせ • Feb 27ALSO Holding AG, Annual General Meeting, Mar 18, 2026ALSO Holding AG, Annual General Meeting, Mar 18, 2026, at 14:30 W. Europe Standard Time.
Buy Or Sell Opportunity • Feb 25Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to CHF161. The fair value is estimated to be CHF203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has declined by 10%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 23% per annum over the same time period.
Declared Dividend • Feb 23Dividend of CHF5.30 announcedShareholders will receive a dividend of CHF5.30. Ex-date: 20th March 2026 Payment date: 24th March 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 22Full year 2025 earnings releasedFull year 2025 results: Revenue: €13.5b (up 42% from FY 2024). Net income: €109.3m (down 5.0% from FY 2024). Profit margin: 0.8% (down from 1.2% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electronic industry in the United Kingdom.
お知らせ • Feb 18ALSO Holding AG announces Annual dividend, payable on March 24, 2026ALSO Holding AG announced Annual dividend of CHF 5.3000 per share payable on March 24, 2026, ex-date on March 20, 2026 and record date on March 23, 2026.
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 2.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (2.8% average weekly change).
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to CHF142, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 19x in the Electronic industry in the United Kingdom. Total loss to shareholders of 16% over the past three years.
New Risk • Oct 02New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
お知らせ • Sep 10+ 1 more updateALSO Holding AG to Report First Half, 2026 Results on Jul 21, 2026ALSO Holding AG announced that they will report first half, 2026 results on Jul 21, 2026
Reported Earnings • Jul 24First half 2025 earnings released: EPS: €3.38 (vs €3.40 in 1H 2024)First half 2025 results: EPS: €3.38. Revenue: €5.93b (up 39% from 1H 2024). Net income: €43.0m (up 3.1% from 1H 2024). Profit margin: 0.7% (down from 1.0% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom.
Board Change • Apr 01Insufficient new 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. Independent Director Thomas Furer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 22ALSO Holding AG Approves Dividend, Distribution to Shareholders Starting March 25, 2025ALSO Holding AG at the Annual General Meeting on 19 March 2025 approved an increase in the dividend by CHF 0.30 to CHF 5.10. The dividend will be distributed to shareholders starting March 25, 2025.
Upcoming Dividend • Mar 14Upcoming dividend of CHF5.10 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (1.7%).
お知らせ • Feb 27ALSO Holding AG, Annual General Meeting, Mar 19, 2025ALSO Holding AG, Annual General Meeting, Mar 19, 2025, at 14:30 W. Europe Standard Time.
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: €9.39 (vs €10.07 in FY 2023)Full year 2024 results: EPS: €9.39 (down from €10.07 in FY 2023). Revenue: €9.51b (down 4.6% from FY 2023). Net income: €115.1m (down 7.0% from FY 2023). Profit margin: 1.2% (in line with FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Feb 19ALSO Holding AG to Report First Half, 2025 Results on Jul 22, 2025ALSO Holding AG announced that they will report first half, 2025 results on Jul 22, 2025
お知らせ • Feb 18ALSO Holding AG Proposes Thirteen Consecutive Dividend IncreaseALSO Holding AG announced that due to the solid liquidity position and the excellent prospects, the Board of Directors is proposing another increased dividend of CHF 5.10 to shareholders. ALSO proposed 13th consecutive dividend increase.
お知らせ • Nov 17ALSO Holding AG to Report Fiscal Year 2024 Results on Feb 18, 2025ALSO Holding AG announced that they will report fiscal year 2024 results on Feb 18, 2025
お知らせ • Aug 16+ 1 more updateALSO Holding AG (SWX:ALSN) completed the acquisition of Entec A.s.ALSO Holding AG (SWX:ALSN) agreed to acquire Entec A.s. on December 22, 2023. The transaction is subject to customary closing conditions and regulatory approval. ALSO Holding AG (SWX:ALSN) completed the acquisition of Entec A.s. on August 16, 2024. The transaction has received the regulatory approval.
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €3.40 (vs €4.24 in 1H 2023)First half 2024 results: EPS: €3.40 (down from €4.24 in 1H 2023). Revenue: €4.28b (down 11% from 1H 2023). Net income: €41.7m (down 21% from 1H 2023). Profit margin: 1.0% (in line with 1H 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 18Upcoming dividend of CHF4.80 per shareEligible shareholders must have bought the stock before 25 March 2024. Payment date: 27 March 2024. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.2%). Higher than average of industry peers (1.6%).
お知らせ • Mar 15ALSO Holding AG Appoints Future Group ManagementALSO Holding AG announced future group management board. The plan for the optimum alignment of the company to the tasks of the future is entering its next phase. In order to improve sales and profitability even more and at the same time further increase the necessary speed and flexibility, the Group Management Board will in future consist of a team of eight people. Ingo Adolphs, Tom Brunner, Jorge Gállego, Wolfgang Krainz and Espen Zachariassen will join Jan Bogdanovich, Andreas Kuhn, and Thomas Meyerhans. The future CEO will be appointed from among these experienced managers, all of whom have been with the company for years.
お知らせ • Feb 20ALSO Holding AG to Report First Half, 2024 Results on Jul 24, 2024ALSO Holding AG announced that they will report first half, 2024 results on Jul 24, 2024
お知らせ • Dec 23ALSO Holding AG, Annual General Meeting, Mar 21, 2024ALSO Holding AG, Annual General Meeting, Mar 21, 2024.
お知らせ • Dec 14ALSO Announces Resignation of Beate Flamm as SVP Sustainable ChangeALSO announced the resignation of Beate Flamm, SVP Sustainable Change, after the next Annual General Meeting. Under her leadership, the coordination of Investor Relations was established within the company and the commitment to environmental, social and governance topics, as an increasingly important part of capital market communication, was further expanded. In future, both IR and ESG will be part of the Finance division. Marketing, for which Flamm was also responsible, continues to be managed as an independent Centre of Competence and will be staffed internally.
お知らせ • Dec 12ALSO Holding AG (SWX:ALSN) acquired Commaxx As.ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals. Jostein Sæberg Gultvedt of Danske Bank A/S, Norway Branch acted as financial advisor of Commaxx As. ALSO Holding AG (SWX:ALSN) completed the acquisition of Commaxx As on December 11, 2023. The acquisition is completed after receiving regulatory approvals in Denmark, Sweden and Norway.
お知らせ • Dec 07ALSO Holding AG to Report Fiscal Year 2023 Results on Feb 20, 2024ALSO Holding AG announced that they will report fiscal year 2023 results on Feb 20, 2024
お知らせ • Nov 17ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH.ALSO Holding AG (SWX:ALSN) agreed to acquire Target Holding GmbH on November 15, 2023. The acquisition is subject to the standard regulatory approvals.
Reported Earnings • Jul 28First half 2023 earnings released: EPS: €4.24 (vs €4.91 in 1H 2022)First half 2023 results: EPS: €4.24 (down from €4.91 in 1H 2022). Revenue: €4.83b (down 13% from 1H 2022). Net income: €52.5m (down 17% from 1H 2022). Profit margin: 1.1% (in line with 1H 2022). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Jun 30ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As.ALSO Holding AG (SWX:ALSN) agreed to acquire Commaxx As on June 29, 2023. The transaction is subject to the standard regulatory approvals.
Buying Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.3%. The fair value is estimated to be CHF227, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 9.0% per annum over the same time period.
Upcoming Dividend • Mar 14Upcoming dividend of CHF4.60 per share at 2.5% yieldEligible shareholders must have bought the stock before 21 March 2023. Payment date: 23 March 2023. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of British dividend payers (5.8%). Higher than average of industry peers (1.5%).
Reported Earnings • Feb 22Full year 2022 earnings released: EPS: €11.91 (vs €12.01 in FY 2021)Full year 2022 results: EPS: €11.91 (down from €12.01 in FY 2021). Revenue: €11.6b (flat on FY 2021). Net income: €152.1m (down 1.3% from FY 2021). Profit margin: 1.3% (in line with FY 2021). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Vice Chairman & Lead Director Walter P. Droege was the last independent director to join the board, commencing their role in 2011. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be €308, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.
Upcoming Dividend • Mar 15Upcoming dividend of CHF4.30 per shareEligible shareholders must have bought the stock before 22 March 2022. Payment date: 24 March 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.7%). Higher than average of industry peers (1.4%).
Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €303, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% per annum over the last 3 years. Earnings per share has grown by 23% per annum over the last 3 years.
Reported Earnings • Feb 24Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €12.01 (up from €10.14 in FY 2020). Revenue: €12.4b (up 4.2% from FY 2020). Net income: €154.0m (up 18% from FY 2020). Profit margin: 1.2% (up from 1.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 8.1%, compared to a 6.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 22% per year.
Buying Opportunity • Feb 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €315, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% per annum over the last 3 years. Earnings per share has grown by 22% per annum over the last 3 years.
Reported Earnings • Jul 23First half 2021 earnings released: EPS €5.06 (vs €3.50 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €5.92b (up 9.7% from 1H 2020). Net income: €64.9m (up 45% from 1H 2020). Profit margin: 1.1% (up from 0.8% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 13Upcoming Dividend of CHF3.75 Per ShareWill be paid on the 23rd of March to those who are registered shareholders by the 19th of March. The trailing yield of 1.4% is below the top quartile of British dividend payers (4.5%), but it is higher than industry peers (1.0%).
Is New 90 Day High Low • Mar 02New 90-day high: CHF262The company is up 11% from its price of CHF236 on 02 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF303 per share.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS €10.14 (vs €7.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €11.9b (up 11% from FY 2019). Net income: €130.1m (up 30% from FY 2019). Profit margin: 1.1% (up from 0.9% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 25Revenue beats expectationsRevenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 3.5%, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom.
Is New 90 Day High Low • Dec 30New 90-day high: CHF252The company is up 2.0% from its price of CHF246 on 01 October 2020. The British market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF84.77 per share.
お知らせ • Dec 23ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O.ALSO Holding AG (SWX:ALSN) acquired DAQUAS Spol. S R.O. on December 21, 2020. DAQUAS Spol. S R.O. reported revenue of about €16 million for the year ended December 31, 2019. ALSO Holding AG (SWX:ALSN) completed the acquisition of DAQUAS Spol. S R.O. on December 21, 2020.
Valuation Update With 7 Day Price Move • Dec 10Market pulls back on stock over the past weekAfter last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.9x, down from the previous P/E ratio of 46.3x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 1.8%.
Is New 90 Day High Low • Dec 07New 90-day low: CHF127The company is down 46% from its price of CHF236 on 08 September 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF40.69 per share.
Valuation Update With 7 Day Price Move • Dec 07Market pulls back on stock over the past weekAfter last week's 46% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.1x, down from the previous P/E ratio of 46.6x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.3%.
お知らせ • Dec 03ALSO Holding AG Boosts Growth in Eastern Europe with HP IncALSO Holding AG boosts growth in Eastern Europe with HP Inc. Due to the company's successful development in Eastern Europe, ALSO has now been able to expand its cooperation with HP Inc. In the future, additional countries in the region, including Hungary, Romania, the Czech Republic and Slovakia, will be supplied with HP Inc. products by the Technology Provider.
Valuation Update With 7 Day Price Move • Nov 30Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 25.3x, down from the previous P/E ratio of 45x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%.
Valuation Update With 7 Day Price Move • Nov 26Market pulls back on stock over the past weekAfter last week's 45% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.6x, down from the previous P/E ratio of 44.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 3.2%.
Valuation Update With 7 Day Price Move • Nov 23Market pulls back on stock over the past weekAfter last week's 48% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 46.4x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat.
Valuation Update With 7 Day Price Move • Nov 20Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.2x, down from the previous P/E ratio of 43.3x. This compares to an average P/E of 33x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years were flat.
Valuation Update With 7 Day Price Move • Nov 06Market pulls back on stock over the past weekAfter last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.5x, down from the previous P/E ratio of 40.9x. This compares to an average P/E of 30x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 4.4%.
Valuation Update With 7 Day Price Move • Nov 05Market pulls back on stock over the past weekAfter last week's 40% share price decline to €127, the stock is trading at a trailing P/E ratio of 24.1x, down from the previous P/E ratio of 40.4x. This compares to an average P/E of 29x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.2%.
Is New 90 Day High Low • Nov 05New 90-day low: CHF127The company is down 47% from its price of CHF241 on 06 August 2020. The British market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF50.99 per share.
Valuation Update With 7 Day Price Move • Oct 30Market pulls back on stock over the past weekAfter last week's 44% share price decline to €127, the stock is trading at a trailing P/E ratio of 23.2x, down from the previous P/E ratio of 41.3x. This compares to an average P/E of 28x in the Electronic industry in the United Kingdom. Total returns to shareholders over the past three years are 2.0%.
Is New 90 Day High Low • Oct 15New 90-day low: CHF235The company is down 6.0% from its price of CHF251 on 17 July 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic 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 CHF90.81 per share.
お知らせ • Sep 23ALSO Holding AG Launches Marketplace Platform for Artificial IntelligenceALSO Holding AG, launched a new Artificial Intelligence Marketplace Platform as the latest component of its ecosystem. It will bring together technologies, products and services from leading AI vendors with ALSO's network of experts, including solution architects, data scientists, and AI developers. Offers range from building blocks to fully managed services. Experts agree: AI offers impressive opportunities for society and businesses alike. Some European governments partnered with AI start-ups to monitor the outcomes of social distancing rules. Hospitals across Europe are using AI to speed up COVID-19 diagnosis and testing, provide automated remote consultations, and optimize capacity at hospitals. AI use cases include sales process recommendation and automation, digital assistance for knowledge worker, and cybersecurity threat intelligence. Some of the fastest growing use cases are automated human resources, IT automation and pharmaceutical research and discovery. The combination with applications like Robotic Process Automation can be a game changer for manufacturing or administration, when it comes to repetitive, time-consuming or error-prone tasks. Experts predict the total addressable market for AI to more than double in the next four years, growing from 156.5 billion USD to more than 300 billion USD in 2024.
お知らせ • Sep 22ALSO Holding AG Announces Appointment of Peter Ivanov as Head of Artificial IntelligenceALSO Holding AG announced the appointment of Peter Ivanov as Head of Artificial Intelligence. Bulgarian Ivanov joined ALSO in 2019. He has strong track record of nearly 30 years in the IT industry and is passionate about building new solutions with the latest technologies for the channel.
お知らせ • Sep 18ALSO Group Appoints Jan Bogdanovich as a Member of the Group ManagementALSO Holding AG announced that computer scientist Jan Bogdanovich, currently Senior Vice President Consumptional Business, has been appointed as a member of the Group Management by the ALSO Group. While studying Computer Science at the University of Latvia in Riga, he already held a job at a company which was the first IT as-a-Service provider in the Baltics and acquired several industry vendor certifications. He then founded a Research and Development Center for Cloud Platforms to enable digital marketplaces for the channel. After joining ALSO in 2014, he played an integral role in the deployment of the ALSO Cloud Marketplace and developed the Platform as-a-Service concept for ALSO.
お知らせ • Aug 20ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H..ALSO Holding AG (SWX:ALSN) agreed to acquire Dicom Computer-Vertriebsgesellschaft M.B.H. on August 19, 2020. In 2019, Dicom reported a total revenues of €30 million. The deal is subject to the standard regulatory approvals.