Chocoladefabriken Lindt & Sprüngli AG

SWX:LISN Stock Report

Market Cap: CHF 22.8b

Chocoladefabriken Lindt & Sprüngli Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 LISN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LISN (CHF98200) is trading below our estimate of fair value (CHF119827.35)

Significantly Below Fair Value: LISN 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 LISN?

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

The above table shows the Price to Earnings ratio for LISN. This is calculated by dividing LISN's market cap by their current earnings.
What is LISN's PE Ratio?
PE Ratio33.2x
EarningsCHF 684.90m
Market CapCHF 22.80b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LISN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
BARN Barry Callebaut
35.6x24.0%CHF 6.8b
EMMN Emmi
20.5x11.8%CHF 4.0b
NESN Nestlé
17x4.7%CHF 190.5b
BELL Bell Food Group
12.8x-0.7%CHF 1.6b
LISN Chocoladefabriken Lindt & Sprüngli
33.2x6.4%CHF 22.8b

Price-To-Earnings vs Peers: LISN is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

How does LISN's PE Ratio compare vs other companies in the European Food Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LISN 33.2xIndustry Avg. 13.3xNo. of Companies20PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LISN is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the European Food industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is LISN'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.

LISN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.2x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: LISN is expensive based on its Price-To-Earnings Ratio (33.2x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).

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 LISN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 98,200.00
CHF 110,617.86
+12.6%
9.6%CHF 126,000.00CHF 93,000.00n/a14
Dec ’25CHF 100,000.00
CHF 110,480.77
+10.5%
9.8%CHF 126,000.00CHF 93,000.00n/a13
Nov ’25CHF 101,600.00
CHF 110,088.46
+8.4%
10.5%CHF 126,000.00CHF 90,000.00n/a13
Oct ’25CHF 106,200.00
CHF 109,083.33
+2.7%
11.2%CHF 126,000.00CHF 90,000.00n/a12
Sep ’25CHF 111,000.00
CHF 109,909.09
-1.0%
9.9%CHF 126,000.00CHF 93,000.00n/a11
Aug ’25CHF 108,600.00
CHF 109,909.09
+1.2%
9.9%CHF 126,000.00CHF 93,000.00n/a11
Jul ’25CHF 104,200.00
CHF 110,375.00
+5.9%
9.8%CHF 127,000.00CHF 93,000.00n/a12
Jun ’25CHF 107,200.00
CHF 110,291.67
+2.9%
9.9%CHF 127,000.00CHF 93,000.00n/a12
May ’25CHF 106,400.00
CHF 107,409.09
+0.9%
9.5%CHF 125,500.00CHF 93,000.00n/a11
Apr ’25CHF 108,800.00
CHF 107,409.09
-1.3%
9.5%CHF 125,500.00CHF 93,000.00n/a11
Mar ’25CHF 106,400.00
CHF 106,590.91
+0.2%
10.0%CHF 125,500.00CHF 93,000.00n/a11
Feb ’25CHF 111,000.00
CHF 106,590.91
-4.0%
10.0%CHF 125,500.00CHF 93,000.00n/a11
Jan ’25CHF 102,000.00
CHF 104,845.45
+2.8%
11.7%CHF 125,500.00CHF 86,000.00n/a11
Dec ’24CHF 106,600.00
CHF 103,730.00
-2.7%
11.9%CHF 125,500.00CHF 86,000.00CHF 100,000.0010
Nov ’24CHF 101,200.00
CHF 103,730.00
+2.5%
11.9%CHF 125,500.00CHF 86,000.00CHF 101,600.0010
Oct ’24CHF 100,400.00
CHF 104,611.11
+4.2%
11.2%CHF 125,500.00CHF 86,000.00CHF 106,200.009
Sep ’24CHF 103,600.00
CHF 104,611.11
+1.0%
11.2%CHF 125,500.00CHF 86,000.00CHF 111,000.009
Aug ’24CHF 105,800.00
CHF 102,388.89
-3.2%
10.2%CHF 125,500.00CHF 86,000.00CHF 108,600.009
Jul ’24CHF 111,000.00
CHF 102,550.00
-7.6%
10.0%CHF 125,500.00CHF 84,000.00CHF 104,200.0010
Jun ’24CHF 111,000.00
CHF 102,550.00
-7.6%
10.0%CHF 125,500.00CHF 84,000.00CHF 107,200.0010
May ’24CHF 109,800.00
CHF 102,550.00
-6.6%
10.0%CHF 125,500.00CHF 84,000.00CHF 106,400.0010
Apr ’24CHF 108,000.00
CHF 102,500.00
-5.1%
10.5%CHF 125,500.00CHF 84,000.00CHF 108,800.009
Mar ’24CHF 102,800.00
CHF 103,750.00
+0.9%
13.6%CHF 127,000.00CHF 82,000.00CHF 106,400.0010
Feb ’24CHF 101,900.00
CHF 103,750.00
+1.8%
13.6%CHF 127,000.00CHF 82,000.00CHF 111,000.0010
Jan ’24CHF 95,000.00
CHF 104,800.00
+10.3%
13.6%CHF 127,000.00CHF 82,000.00CHF 102,000.0010
Dec ’23CHF 98,200.00
CHF 106,000.00
+7.9%
14.2%CHF 127,000.00CHF 82,000.00CHF 106,600.009

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 Analysis2024/12/18 02:58
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Chocoladefabriken Lindt & Sprüngli AG is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Yves GauthierAlphaValue
Andreas von ArxBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research