Kudelski SA's (VTX:KUD) Intrinsic Value Is Potentially 27% Above Its Share Price
Apr 24
Swiss (SMI) Tech Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies19
- 7D-2.3%
- 3M-18.9%
- 1Y-1.2%
- YTD-19.1%
Over the last 7 days, the Tech industry has dropped 2.3%, driven by Temenos declining 6.7%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 21% per annum.
Sector Valuation and Performance
Has the Swiss Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CHF33.4b | CHF24.6b | -CHF956,572,422.01 | 30.1x | -34.9x | 1.4x |
| Fri, 22 Mar 2024 | CHF35.6b | CHF24.5b | -CHF965,571,312.33 | 34.1x | -36.9x | 1.5x |
| Sun, 18 Feb 2024 | CHF37.0b | CHF25.0b | -CHF526,186,744.40 | 34.5x | -70.4x | 1.5x |
| Tue, 16 Jan 2024 | CHF38.7b | CHF24.9b | -CHF652,995,498.00 | 35.7x | -59.3x | 1.6x |
| Thu, 14 Dec 2023 | CHF37.3b | CHF25.3b | -CHF642,933,335.00 | 34.1x | -58x | 1.5x |
| Sat, 11 Nov 2023 | CHF34.8b | CHF25.8b | -CHF657,038,031.00 | 28.1x | -53x | 1.3x |
| Mon, 09 Oct 2023 | CHF33.7b | CHF26.0b | -CHF888,788,242.00 | 28.2x | -37.9x | 1.3x |
| Wed, 06 Sep 2023 | CHF35.0b | CHF25.7b | -CHF892,400,261.00 | 29.8x | -39.3x | 1.4x |
| Fri, 04 Aug 2023 | CHF35.4b | CHF25.6b | -CHF939,966,883.00 | 18.6x | -37.6x | 1.4x |
| Sun, 02 Jul 2023 | CHF36.3b | CHF27.2b | CHF455.4m | 24x | 79.6x | 1.3x |
| Tue, 30 May 2023 | CHF35.3b | CHF27.2b | CHF461.8m | 24.6x | 76.5x | 1.3x |
| Thu, 27 Apr 2023 | CHF32.5b | CHF27.6b | CHF643.5m | 21.9x | 50.5x | 1.2x |
| Sat, 25 Mar 2023 | CHF31.1b | CHF27.9b | CHF666.7m | 22.8x | 46.6x | 1.1x |
| Mon, 20 Feb 2023 | CHF34.3b | CHF28.5b | CHF689.0m | 27.6x | 49.8x | 1.2x |
| Wed, 18 Jan 2023 | CHF33.5b | CHF29.0b | CHF1.1b | 27.4x | 31.3x | 1.2x |
| Fri, 16 Dec 2022 | CHF31.6b | CHF28.9b | CHF1.1b | 24.6x | 29.3x | 1.1x |
| Sun, 13 Nov 2022 | CHF33.1b | CHF28.9b | CHF1.1b | 26.3x | 30.7x | 1.1x |
| Tue, 11 Oct 2022 | CHF27.1b | CHF29.5b | CHF1.4b | 19.4x | 19.8x | 0.9x |
| Thu, 08 Sep 2022 | CHF29.6b | CHF29.4b | CHF1.4b | 20.8x | 21.7x | 1x |
| Sat, 06 Aug 2022 | CHF33.1b | CHF29.1b | CHF1.4b | 21.6x | 23.1x | 1.1x |
| Mon, 04 Jul 2022 | CHF31.1b | CHF29.6b | CHF1.3b | 20.5x | 23.6x | 1x |
| Wed, 01 Jun 2022 | CHF35.3b | CHF30.0b | CHF1.3b | 21.7x | 26.7x | 1.2x |
| Fri, 29 Apr 2022 | CHF37.8b | CHF30.3b | CHF1.0b | 24.4x | 37x | 1.2x |
| Sun, 27 Mar 2022 | CHF40.8b | CHF29.9b | CHF983.8m | 25.7x | 41.5x | 1.4x |
| Tue, 22 Feb 2022 | CHF40.3b | CHF37.2b | CHF975.4m | 24x | 41.3x | 1.1x |
| Thu, 20 Jan 2022 | CHF44.2b | CHF37.4b | CHF1.0b | 25.8x | 42.2x | 1.2x |
| Sat, 18 Dec 2021 | CHF47.3b | CHF37.5b | CHF1.1b | 29.9x | 45x | 1.3x |
| Mon, 15 Nov 2021 | CHF49.6b | CHF37.7b | CHF1.1b | 30.4x | 46.9x | 1.3x |
| Wed, 13 Oct 2021 | CHF48.4b | CHF37.9b | CHF1.1b | 28.2x | 43.5x | 1.3x |
| Fri, 10 Sep 2021 | CHF53.8b | CHF38.3b | CHF1.1b | 29.1x | 49.1x | 1.4x |
| Sun, 08 Aug 2021 | CHF53.7b | CHF38.3b | CHF1.1b | 26.4x | 49.3x | 1.4x |
| Sat, 01 May 2021 | CHF50.5b | CHF36.6b | CHF1.1b | 25.2x | 45.6x | 1.4x |
Price to Earnings Ratio
45.6x
Current Industry PE
- Investors are relatively neutral on the Swiss Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Information Technology industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 12% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Swiss Tech sector?
| CH Market | 2.03% | |
| Tech | -2.28% | |
| IT | 0% | |
| Communications | 0% | |
| Electronic Equipment and Components | -1.18% | |
| Semiconductors | -1.25% | |
| Tech Hardware | -2.05% | |
| Software | -6.62% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 47.1x.
- Analysts are expecting annual earnings growth of 27.1%, which is higher than its past year's earnings growth of 10.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 90% over the next 5 years.
- In contrast, the Tech Hardware industry is expected to see its earnings grow by 5.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAND Landis+Gyr Group | CHF69.00 | 1.2% +CHF23.1m | -5.0% | PE34.2x | |
| LEHN LEM Holding | CHF1.57k | 1.0% +CHF18.2m | -20.0% | PE23.7x | |
| SENS Sensirion Holding | CHF61.10 | 1.5% +CHF14.0m | -34.8% | PS4.1x | |
| AMS ams-OSRAM | CHF0.97 | 1.4% +CHF13.4m | -83.7% | PS0.3x | |
| IFCN INFICON Holding | CHF1.19k | 0.2% +CHF4.9m | 29.8% | PE30x |
