Schindler Holding Valuation

Q: What is the Fair Price of SCHN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SCHN (CHF222.5) is trading below our estimate of [[fair value]] (CHF264.88)

Is SCHN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SCHN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SCHN (CHF222.5) is trading below our estimate of fair value (CHF264.88)

Significantly Below Fair Value: SCHN is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SCHN?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for SCHN. This is calculated by dividing SCHN's market cap by their current preferred multiple.
What is SCHN's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CHF 24.06b

SCHN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.9x
Enterprise Value/EBITDA	15.2x
PEG Ratio	5x

Price to Earnings Ratio vs Peers

How does SCHN's PE Ratio compare to its peers?

The above table shows the PE ratio for SCHN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	34.3x
VACN VAT Group	80.2x	21.2%	CHF 15.3b
GF Georg Fischer	21.2x	16.4%	CHF 5.0b
SUN Sulzer	18.3x	8.0%	CHF 4.2b
SFSN SFS Group	17.5x	6.7%	CHF 4.7b
SCHN Schindler Holding	27x	5.5%	CHF 24.1b

Price-To-Earnings vs Peers: SCHN is good value based on its Price-To-Earnings Ratio (27x) compared to the peer average (34.3x).

Price to Earnings Ratio vs Industry

How does SCHN's PE Ratio compare vs other companies in the CH Machinery Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.2%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: SCHN is expensive based on its Price-To-Earnings Ratio (27x) compared to the European Machinery industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is SCHN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SCHN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27x
Fair PE Ratio	24.1x

Price-To-Earnings vs Fair Ratio: SCHN is expensive based on its Price-To-Earnings Ratio (27x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SCHN forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CHF 222.50	CHF 233.21 +4.8%	8.8%	CHF 275.00	CHF 204.00	n/a	14
Jun ’25	CHF 228.00	CHF 233.80 +2.5%	8.6%	CHF 275.00	CHF 204.00	n/a	15
May ’25	CHF 224.50	CHF 232.13 +3.4%	8.8%	CHF 275.00	CHF 204.00	n/a	15
Apr ’25	CHF 220.00	CHF 228.79 +4.0%	8.8%	CHF 270.00	CHF 198.00	n/a	14
Mar ’25	CHF 225.40	CHF 226.87 +0.7%	10.9%	CHF 270.00	CHF 180.00	n/a	15
Feb ’25	CHF 206.00	CHF 209.40 +1.7%	11.6%	CHF 250.00	CHF 175.00	n/a	15
Jan ’25	CHF 199.50	CHF 207.73 +4.1%	11.2%	CHF 250.00	CHF 175.00	n/a	15
Dec ’24	CHF 187.40	CHF 209.73 +11.9%	13.2%	CHF 280.00	CHF 175.00	n/a	15
Nov ’24	CHF 176.60	CHF 210.86 +19.4%	14.0%	CHF 280.00	CHF 170.00	n/a	14
Oct ’24	CHF 176.80	CHF 213.33 +20.7%	13.5%	CHF 280.00	CHF 170.00	n/a	12
Sep ’24	CHF 183.20	CHF 216.00 +17.9%	12.8%	CHF 280.00	CHF 169.00	n/a	12
Aug ’24	CHF 201.60	CHF 217.42 +7.8%	12.9%	CHF 280.00	CHF 169.00	n/a	12
Jul ’24	CHF 201.00	CHF 209.18 +4.1%	13.6%	CHF 275.00	CHF 169.00	n/a	11
Jun ’24	CHF 183.50	CHF 206.55 +12.6%	13.7%	CHF 275.00	CHF 165.00	CHF 228.00	11
May ’24	CHF 189.90	CHF 210.00 +10.6%	12.9%	CHF 275.00	CHF 165.00	CHF 224.50	13
Apr ’24	CHF 193.00	CHF 209.92 +8.8%	12.4%	CHF 275.00	CHF 165.00	CHF 220.00	13
Mar ’24	CHF 205.00	CHF 207.00 +1.0%	12.2%	CHF 265.00	CHF 163.00	CHF 225.40	13
Feb ’24	CHF 185.20	CHF 195.62 +5.6%	14.0%	CHF 265.00	CHF 150.00	CHF 206.00	13
Jan ’24	CHF 166.80	CHF 187.77 +12.6%	17.2%	CHF 265.00	CHF 130.00	CHF 199.50	13
Dec ’23	CHF 170.20	CHF 187.77 +10.3%	17.2%	CHF 265.00	CHF 130.00	CHF 187.40	13
Nov ’23	CHF 157.80	CHF 187.15 +18.6%	17.5%	CHF 265.00	CHF 130.00	CHF 176.60	13
Oct ’23	CHF 150.00	CHF 195.91 +30.6%	18.2%	CHF 275.00	CHF 140.00	CHF 176.80	11
Sep ’23	CHF 163.00	CHF 197.55 +21.2%	18.5%	CHF 275.00	CHF 140.00	CHF 183.20	11
Aug ’23	CHF 179.60	CHF 199.18 +10.9%	17.6%	CHF 275.00	CHF 140.00	CHF 201.60	11
Jul ’23	CHF 172.80	CHF 213.45 +23.5%	16.7%	CHF 300.00	CHF 165.00	CHF 201.00	11
Jun ’23	CHF 188.00	CHF 218.36 +16.2%	14.8%	CHF 300.00	CHF 165.00	CHF 183.50	11

Analyst Forecast: Target price is less than 20% higher than the current share price.