Announcement • May 10
Bobst Group SA (OTCCH:BOBNN) acquired 70% stake in Duecker Robotics Srl from Ducker Group Gmbh. Bobst Group SA (OTCCH:BOBNN) acquired 70% stake in Duecker Robotics Srl from Ducker Group Gmbh April 28, 2023.
Bobst Group SA (OTCCH:BOBNN) completed the acquisition of 70% stake in Duecker Robotics Srl from Ducker Group Gmbh April 28, 2023. Announcement • Nov 24
Bobst Group SA(SWX:BOBNN) dropped from S&P Global BMI Index Bobst Group SA(SWX:BOBNN) dropped from S&P Global BMI Index Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Philip Mosimann was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Nov 02
Bobst Group SA(SWX:BOBNN) dropped from Swiss Performance Index (Price Return) Bobst Group SA removed from Swiss Performance Index (Price Return) Index. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorated over the past week After last week's 23% share price decline to CHF60.10, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the Machinery industry in Switzerland. Total returns to shareholders of 26% over the past three years. Announcement • Jul 27
JBF Finance SA has made an bid to acquire remaining 46.58% stake in Bobst Group SA (SWX:BOBNN) for approximately CHF 600 million. JBF Finance SA has made an bid to acquire remaining 46.58% stake in Bobst Group SA (SWX:BOBNN) for approximately CHF 600 million on July 25, 2022. Dieter Gericke, Richard Stäuber, and Eduard De Zordi of Homburger AG acted as legal advisors to Bobst Group SA in the deal. Reported Earnings • Jul 27
First half 2022 earnings released: EPS: CHF1.30 (vs CHF0.22 in 1H 2021) First half 2022 results: EPS: CHF1.30 (up from CHF0.22 in 1H 2021). Revenue: CHF772.5m (up 16% from 1H 2021). Net income: CHF21.3m (up 492% from 1H 2021). Profit margin: 2.8% (up from 0.5% in 1H 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.1%, compared to a 11% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 23
Price target decreased to CHF97.50 Down from CHF105, the current price target is an average from 3 analysts. New target price is 43% above last closing price of CHF68.40. Stock is down 11% over the past year. The company is forecast to post earnings per share of CHF5.79 for next year compared to CHF5.51 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 1 independent director (4 non-independent directors). Independent Director Philip Mosimann was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CHF82.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 18x in the Machinery industry in Switzerland. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF154 per share. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 18% share price gain to CHF88.75, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Machinery industry in Switzerland. Total returns to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF157 per share. Major Estimate Revision • Mar 04
Consensus EPS estimates increase by 16% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from CHF1.69b to CHF1.72b. EPS estimate increased from CHF5.15 to CHF5.97 per share. Net income forecast to grow 8.3% next year vs 19% growth forecast for Machinery industry in Switzerland. Consensus price target of CHF103 unchanged from last update. Share price fell 12% to CHF75.00 over the past week. Reported Earnings • Feb 26
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CHF5.51 (up from CHF1.85 in FY 2020). Revenue: CHF1.60b (up 17% from FY 2020). Net income: CHF91.0m (up 197% from FY 2020). Profit margin: 5.7% (up from 2.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 28%. Over the next year, revenue is forecast to grow 5.3%, compared to a 10% growth forecast for the industry in Switzerland. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 3% per year. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improved over the past week After last week's 17% share price gain to CHF85.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Machinery industry in Switzerland. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF71.26 per share. Price Target Changed • Sep 28
Price target increased to CHF100.00 Up from CHF81.67, the current price target is an average from 3 analysts. New target price is 29% above last closing price of CHF77.50. Stock is up 35% over the past year. Reported Earnings • Jul 28
First half 2021 earnings released: EPS CHF0.22 (vs CHF1.33 loss in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: CHF667.4m (up 27% from 1H 2020). Net income: CHF3.60m (up CHF25.6m from 1H 2020). Profit margin: 0.5% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Jul 22
Consensus EPS estimates increase to CHF2.86 The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from CHF1.47b to CHF1.50b. EPS estimate increased from CHF2.49 to CHF2.86 per share. Net income forecast to grow 56% next year vs 31% growth forecast for Machinery industry in Switzerland. Consensus price target up from CHF78.67 to CHF81.67. Share price rose 4.0% to CHF76.05 over the past week. Price Target Changed • Jul 21
Price target increased to CHF81.67 Up from CHF73.67, the current price target is an average from 4 analysts. New target price is 12% above last closing price of CHF73.15. Stock is up 20% over the past year. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 21% share price gain to CHF76.60, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 28x in the Machinery industry in Switzerland. Total loss to shareholders of 20% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF67.80 per share. Major Estimate Revision • Mar 05
Analysts update estimates The 2021 consensus earning per share (EPS) estimate was lowered from CHF2.72 to CHF2.44. Revenue estimate was approximately flat at CHF1.43b. Net income is expected to grow by 7.8% next year compared to 12% growth forecast for the Machinery industry in Switzerland. The consensus price target increased from CHF56.67 to CHF71.67. Share price stayed mostly flat at CHF61.10 over the past week. Price Target Changed • Mar 05
Price target raised to CHF71.67 Up from CHF56.67, the current price target is an average from 3 analysts. The new target price is 17% above the current share price of CHF61.10. As of last close, the stock is up 37% over the past year. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS CHF1.85 (vs CHF4.12 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CHF1.41b (down 14% from FY 2019). Net income: CHF30.6m (down 55% from FY 2019). Profit margin: 2.2% (down from 4.2% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 28
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 83%. Over the next year, revenue is forecast to grow 1.6%, compared to a 4.1% growth forecast for the Machinery industry in Switzerland. Announcement • Feb 26
Bobst Group SA Proposes Not to Pay Dividend in 2021 The Board of Directors of Bobst Group SA recommended to the Annual General Meeting of Shareholders not to pay a dividend in 2021 (CHF 1.50 in 2020). Is New 90 Day High Low • Feb 22
New 90-day high: CHF68.00 The company is up 31% from its price of CHF52.05 on 24 November 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF27.28 per share. Major Estimate Revision • Feb 06
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from CHF0.98 to CHF1.15. No change was made to the revenue estimate which at the last update was CHF1.29b. Net income is expected to shrink by 7.8% next year compared to 8.8% growth forecast for the Machinery industry in Switzerland . The consensus price target of CHF56.67 was unchanged from the last update. Share price is up 3.1% to CHF66.00 over the past week. Is New 90 Day High Low • Feb 03
New 90-day high: CHF66.75 The company is up 37% from its price of CHF48.72 on 05 November 2020. The Swiss market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF27.56 per share. Is New 90 Day High Low • Jan 07
New 90-day high: CHF54.60 The company is up 4.0% from its price of CHF52.50 on 09 October 2020. The Swiss market is also up 4.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF36.94 per share. Major Estimate Revision • Nov 28
Analysts update estimates The 2020 consensus earning per share (EPS) estimate was lowered from CHF0.48 to CHF0.31. No change was made to the revenue estimate which at the last update was CHF1.27b. Net income is expected to shrink by 23% next year compared to 5.9% growth forecast for the Machinery industry in Switzerland . The consensus price target of CHF55.67 was unchanged from the last update. Share price is up 6.7% to CHF52.95 over the past week. Is New 90 Day High Low • Oct 10
New 90-day low: CHF52.50 The company is down 11% from its price of CHF58.75 on 10 July 2020. The Swiss market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF32.46 per share. Announcement • Sep 26
Bobst Group's Ordinary Shares to Be Deleted from Other OTC Bobst Group SA (SWX:BOBNN)'s Prilly Ordinary Shares (Switzerland) will be deleted from other OTC effective from September 24, 2020 due to Inactive Security. Is New 90 Day High Low • Sep 22
New 90-day low: CHF52.90 The company is down 7.0% from its price of CHF56.65 on 24 June 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF28.72 per share. Announcement • Jul 31
Bobst Group SA (SWX:BOBNN) acquired 51% stake in CITO-SYSTEM GmbH. Bobst Group SA (SWX:BOBNN) acquired 51% stake in CITO-SYSTEM GmbH on April 8, 2020. The management team of CITO will retain the remaining 49% stake. CITO will continue to be a separate and independent company which will run under the same brand. Jürgen Mariën will remain as Chief Executive Officer, Oliver Kellermann as Director of Sales and R&D, René Seick as Director of Technology and Thomas Gerner will soon be named as Chief Finance Offier, and the whole management team will be retained.
Bobst Group SA (SWX:BOBNN) completed the acquisition of 51% stake in CITO-SYSTEM GmbH on April 8, 2020.