Upcoming Dividend • Apr 20
Upcoming dividend of CHF2.00 per share Eligible shareholders must have bought the stock before 27 April 2026. Payment date: 29 April 2026. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Swiss dividend payers (3.4%). Lower than average of industry peers (1.6%). Declared Dividend • Apr 02
Dividend of CHF2.00 announced Dividend of CHF2.00 is the same as last year. Ex-date: 27th April 2026 Payment date: 29th April 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.9%. New Risk • Mar 05
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (2.4% net profit margin). Aankondiging • Sep 25
Elma Electronic AG to Report Fiscal Year 2025 Results on Feb 27, 2026 Elma Electronic AG announced that they will report fiscal year 2025 results on Feb 27, 2026 Reported Earnings • Aug 26
First half 2025 earnings released: EPS: CHF19.46 (vs CHF19.72 in 1H 2024) First half 2025 results: EPS: CHF19.46 (down from CHF19.72 in 1H 2024). Revenue: CHF92.3m (flat on 1H 2024). Net income: CHF4.45m (down 1.3% from 1H 2024). Profit margin: 4.8% (down from 4.9% in 1H 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 21
Upcoming dividend of CHF2.00 per share Eligible shareholders must have bought the stock before 28 April 2025. Payment date: 30 April 2025. Payout ratio is a comfortable 5.4% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Swiss dividend payers (4.2%). Lower than average of industry peers (2.9%). Declared Dividend • Apr 03
Dividend of CHF2.00 announced Dividend of CHF2.00 is the same as last year. Ex-date: 28th April 2025 Payment date: 30th April 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 4%. Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: CHF37.20 (vs CHF21.94 in FY 2023) Full year 2024 results: EPS: CHF37.20 (up from CHF21.94 in FY 2023). Revenue: CHF177.8m (up 6.4% from FY 2023). Net income: CHF8.50m (up 70% from FY 2023). Profit margin: 4.8% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Feb 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.9% to CHF1,060. The fair value is estimated to be CHF880, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Earnings per share has declined by 6.5%. Reported Earnings • Aug 19
First half 2024 earnings released: EPS: CHF19.72 (vs CHF2.45 in 1H 2023) First half 2024 results: EPS: CHF19.72 (up from CHF2.45 in 1H 2023). Revenue: CHF91.8m (up 16% from 1H 2023). Net income: CHF4.51m (up CHF3.95m from 1H 2023). Profit margin: 4.9% (up from 0.7% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Aankondiging • Apr 19
Elma Electronic AG to Report First Half, 2024 Results on Aug 15, 2024 Elma Electronic AG announced that they will report first half, 2024 results on Aug 15, 2024 Upcoming Dividend • Apr 15
Upcoming dividend of CHF2.00 per share Eligible shareholders must have bought the stock before 22 April 2024. Payment date: 24 April 2024. Payout ratio is a comfortable 9.1% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Swiss dividend payers (4.0%). Lower than average of industry peers (2.0%). Aankondiging • Mar 29
Elma Electronic AG, Annual General Meeting, Apr 18, 2024 Elma Electronic AG, Annual General Meeting, Apr 18, 2024, at 16:00 Central European Standard Time. Location: Hotel Swiss Star, Business Center, Grubenstrasse 5 , 8620 Wetzikon, Switzerland. Wetzikon Switzerland Reported Earnings • Mar 03
Full year 2023 earnings released Full year 2023 results: Revenue: CHF167.1m (up 8.1% from FY 2022). Net income: CHF5.01m (up 21% from FY 2022). Profit margin: 3.0% (up from 2.7% in FY 2022). The increase in margin was driven by higher revenue. New Risk • Dec 31
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 18
First half 2023 earnings released: EPS: CHF2.45 (vs CHF6.16 in 1H 2022) First half 2023 results: EPS: CHF2.45 (down from CHF6.16 in 1H 2022). Revenue: CHF79.5m (up 6.3% from 1H 2022). Net income: CHF560.0k (down 60% from 1H 2022). Profit margin: 0.7% (down from 1.9% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 10
Upcoming dividend of CHF2.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Swiss dividend payers (4.3%). Lower than average of industry peers (2.3%). Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: CHF18.19 (vs CHF33.00 in FY 2021) Full year 2022 results: EPS: CHF18.19 (down from CHF33.00 in FY 2021). Revenue: CHF154.7m (up 3.6% from FY 2021). Net income: CHF4.16m (down 45% from FY 2021). Profit margin: 2.7% (down from 5.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Chairman of the Board Martin Wipfli was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 17
First half 2022 earnings released: EPS: CHF6.16 (vs CHF9.87 in 1H 2021) First half 2022 results: EPS: CHF6.16 (down from CHF9.87 in 1H 2021). Revenue: CHF74.7m (flat on 1H 2021). Net income: CHF1.41m (down 38% from 1H 2021). Profit margin: 1.9% (down from 3.0% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non Executive Chairman of the Board Martin Wipfli was the last independent director to join the board, commencing their role in 2007. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 18
Upcoming dividend of CHF2.00 per share Eligible shareholders must have bought the stock before 25 April 2022. Payment date: 27 April 2022. Trailing yield: 0.3%. Lower than top quartile of Swiss dividend payers (3.8%). Lower than average of industry peers (2.6%). Reported Earnings • Feb 27
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: CHF32.99 (up from CHF24.44 in FY 2020). Revenue: CHF149.3m (up 1.5% from FY 2020). Net income: CHF7.54m (up 35% from FY 2020). Profit margin: 5.1% (up from 3.8% in FY 2020). Revenue missed analyst estimates by 3.6%. 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 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CHF24.44 (vs CHF22.37 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CHF147.0m (down 2.7% from FY 2019). Net income: CHF5.58m (up 9.3% from FY 2019). Profit margin: 3.8% (up from 3.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Is New 90 Day High Low • Mar 04
New 90-day high: CHF494 The company is up 2.0% from its price of CHF486 on 04 December 2020. The Swiss market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: CHF490 The company is up 2.0% from its price of CHF480 on 18 September 2020. The Swiss market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 6.0% over the same period. 
