Conzzeta AG, through its subsidiaries, provides solutions for the processing of sheet metal and materials worldwide.
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Conzzeta's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CON has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CON matched the Swiss Machinery industry which returned 1.7% over the past year.
Return vs Market: CON matched the Swiss Market which returned 3% over the past year.
Price Volatility Vs. Market
How volatile is Conzzeta's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StKey Things To Watch Out For If You Are After Conzzeta AG's (VTX:CON) 1.7% Dividend
3 months ago | Simply Wall StConzzeta (VTX:CON) Seems To Use Debt Quite Sensibly
4 months ago | Simply Wall StAre Conzzeta AG’s (VTX:CON) High Returns Really That Great?
Is Conzzeta undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CON (CHF846) is trading above our estimate of fair value (CHF677.68)
Significantly Below Fair Value: CON is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CON is good value based on its PE Ratio (13.9x) compared to the Machinery industry average (19.1x).
PE vs Market: CON is good value based on its PE Ratio (13.9x) compared to the Swiss market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: CON is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: CON is good value based on its PB Ratio (2x) compared to the CH Machinery industry average (2x).
How is Conzzeta forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CON's forecast earnings growth (5.8% per year) is above the savings rate (-0.2%).
Earnings vs Market: CON's earnings (5.8% per year) are forecast to grow slower than the Swiss market (8.5% per year).
High Growth Earnings: CON's earnings are forecast to grow, but not significantly.
Revenue vs Market: CON's revenue (0.2% per year) is forecast to grow slower than the Swiss market (2.4% per year).
High Growth Revenue: CON's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CON's Return on Equity is forecast to be low in 3 years time (10.5%).
How has Conzzeta performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CON has a large one-off gain of CHF62.1M impacting its December 31 2019 financial results.
Growing Profit Margin: CON's current net profit margins (8%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: CON's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: CON's earnings growth over the past year (30.2%) exceeds its 5-year average (16% per year).
Earnings vs Industry: CON earnings growth over the past year (30.2%) exceeded the Machinery industry 0.5%.
Return on Equity
High ROE: CON's Return on Equity (15.6%) is considered low.
How is Conzzeta's financial position?
Financial Position Analysis
Short Term Liabilities: CON's short term assets (CHF889.1M) exceed its short term liabilities (CHF329.8M).
Long Term Liabilities: CON's short term assets (CHF889.1M) exceed its long term liabilities (CHF56.1M).
Debt to Equity History and Analysis
Debt Level: CON's debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: CON's debt to equity ratio has reduced from 1.1% to 0.5% over the past 5 years.
Debt Coverage: CON's debt is well covered by operating cash flow (2383.3%).
Interest Coverage: CON's interest payments on its debt are well covered by EBIT (37.9x coverage).
What is Conzzeta's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CON's dividend (2.13%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).
High Dividend: CON's dividend (2.13%) is low compared to the top 25% of dividend payers in the Swiss market (3.91%).
Stability and Growth of Payments
Stable Dividend: CON's dividend payments have been volatile in the past 10 years.
Growing Dividend: CON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.6%), CON's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CON's dividends in 3 years are forecast to be covered by earnings (52.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Willome (53yo)
Mr. Michael Willome, lic. oec. HSG has been Group Chief Executive Officer of Conzzeta AG since January 1, 2016. Mr. Willome serves as Director at Glaston Oyj Abp since May 28, 2020. Mr. Willome served as H ...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD1.86M) is above average for companies of similar size in the Swiss market ($USD1.25M).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
|Group Chief Executive Officer||4.33yrs||CHF1.79m||0.082% CHF1.4m|
|Group Chief Financial Officer||14.33yrs||no data||0.043% CHF747.8k|
|Head of Investor Relations & Corporate Communications||no data||no data||no data|
|General Counsel||10.17yrs||no data||0.020% CHF352.0k|
|Chief Executive Officer of Bystronic||7yrs||no data||0.046% CHF797.8k|
|Chief Executive Officer of Mammut||3.58yrs||no data||0.019% CHF332.4k|
|Chief Executive Officer of FoamPartner||2.33yrs||no data||0.019% CHF335.0k|
Experienced Management: CON's management team is seasoned and experienced (5.7 years average tenure).
|Vice Chairman||13yrs||CHF145.80k||0.045% CHF789.3k|
|Chairman of the Board of Directors||6yrs||CHF482.90k||0.077% CHF1.4m|
Experienced Board: CON's board of directors are considered experienced (9.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Conzzeta AG's company bio, employee growth, exchange listings and data sources
- Name: Conzzeta AG
- Ticker: CON
- Exchange: SWX
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF1.748b
- Shares outstanding: 2.07m
- Website: https://www.conzzeta.com
Number of Employees
- Conzzeta AG
- Giesshuebelstrasse 45
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CON||SWX (SIX Swiss Exchange)||Yes||Series A Registered Shares||CH||CHF||Nov 1992|
|0QW1||LSE (London Stock Exchange)||Yes||Series A Registered Shares||GB||CHF||Nov 1992|
|HNX1||DB (Deutsche Boerse AG)||Yes||Series A Registered Shares||DE||EUR||Nov 1992|
Conzzeta AG, through its subsidiaries, provides solutions for the processing of sheet metal and materials worldwide. The company offers laser cutting machinery and press brakes. It also provides automation systems and integrated software solutions, as well as maintenance and support services; and sells and installs machinery and spare parts. The company is based in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 20:57|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.