CALIDA Holding AG

SWX:CALN Stock Report

Market Cap: CHF 119.8m

CALIDA Holding Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CALN (CHF17.14) is trading below our estimate of future cash flow value (CHF36.36)

Significantly Below Future Cash Flow Value: CALN is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As CALN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CALN. This is calculated by dividing CALN's market cap by their current earnings.
What is CALN's PE Ratio?
PE Ratio16.9x
EarningsCHF 7.08m
Market CapCHF 119.78m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CALN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.6x
VZUG V-ZUG Holding
37.1x35.58%CHF 253.6m
3548 Baroque Japan
71x27.54%JP¥25.9b
3597 JICHODOLtd
22xn/aJP¥29.2b
ARL Arlen
12.4xn/azł538.9m
CALN CALIDA Holding
16.9x16.04%CHF 119.8m

Price-To-Earnings vs Peers: CALN is good value based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (35.6x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CALN's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CALN 16.9xIndustry Avg. 18.1xNo. of Companies8PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CALN is good value based on its Price-To-Earnings Ratio (16.9x) compared to the European Luxury industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is CALN'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.

CALN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ratio19.4x

Price-To-Earnings vs Fair Ratio: CALN is good value based on its Price-To-Earnings Ratio (16.9x) compared to the estimated Fair Price-To-Earnings Ratio (19.4x).

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 CALN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 17.14
CHF 19.00
+10.85%
36.84%CHF 26.00CHF 12.00n/a2
Jun ’27CHF 17.20
CHF 19.00
+10.47%
36.84%CHF 26.00CHF 12.00n/a2
May ’27CHF 15.70
CHF 19.00
+21.02%
36.84%CHF 26.00CHF 12.00n/a2
Apr ’27CHF 12.78
CHF 20.00
+56.49%
30.00%CHF 26.00CHF 14.00n/a2
Mar ’27CHF 12.90
CHF 18.00
+39.53%
22.22%CHF 22.00CHF 14.00n/a2
Feb ’27CHF 12.16
CHF 17.50
+43.91%
20.00%CHF 21.00CHF 14.00n/a2
Jan ’27CHF 11.90
CHF 17.50
+47.06%
20.00%CHF 21.00CHF 14.00n/a2
Dec ’26CHF 12.28
CHF 17.50
+42.51%
20.00%CHF 21.00CHF 14.00n/a2
Nov ’26CHF 13.60
CHF 17.50
+28.68%
20.00%CHF 21.00CHF 14.00n/a2
Oct ’26CHF 12.50
CHF 17.50
+40.00%
20.00%CHF 21.00CHF 14.00n/a2
Sep ’26CHF 14.40
CHF 17.50
+21.53%
20.00%CHF 21.00CHF 14.00n/a2
Aug ’26CHF 14.36
CHF 20.79
+44.81%
0.99%CHF 21.00CHF 20.59n/a2
Jul ’26CHF 15.36
CHF 20.79
+35.38%
0.99%CHF 21.00CHF 20.59n/a2
Jun ’26CHF 17.04
CHF 20.79
+22.03%
0.99%CHF 21.00CHF 20.59CHF 17.202
May ’26CHF 15.86
CHF 20.79
+31.11%
0.99%CHF 21.00CHF 20.59CHF 15.702
Apr ’26CHF 17.65
CHF 26.96
+52.78%
23.64%CHF 33.33CHF 20.59CHF 12.782
Mar ’26CHF 21.76
CHF 28.92
+32.88%
15.25%CHF 33.33CHF 24.51CHF 12.902
Feb ’26CHF 22.06
CHF 29.90
+35.56%
11.48%CHF 33.33CHF 26.47CHF 12.162
Jan ’26CHF 23.77
CHF 29.90
+25.77%
11.48%CHF 33.33CHF 26.47CHF 11.902
Dec ’25CHF 24.12
CHF 29.90
+23.98%
11.48%CHF 33.33CHF 26.47CHF 12.282
Nov ’25CHF 25.44
CHF 29.90
+17.53%
11.48%CHF 33.33CHF 26.47CHF 13.602
Oct ’25CHF 28.63
CHF 29.90
+4.45%
11.48%CHF 33.33CHF 26.47CHF 12.502
Sep ’25CHF 27.45
CHF 30.39
+10.71%
12.90%CHF 34.31CHF 26.47CHF 14.402
Aug ’25CHF 28.68
CHF 30.39
+5.98%
12.90%CHF 34.31CHF 26.47CHF 14.362
Jul ’25CHF 30.20
CHF 30.88
+2.27%
11.11%CHF 34.31CHF 27.45CHF 15.362
Jun ’25CHF 30.78
CHF 30.88
+0.32%
11.11%CHF 34.31CHF 27.45CHF 17.042
CHF 19
Fair Value
9.8% undervalued intrinsic discount
2
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 08:29
End of Day Share Price 2026/06/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CALIDA Holding AG is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin WuermliBerenberg
Doron LandeResearch Partners AG
Jasmine VogtResearch Partners AG