Ascom Holding AG, together with its subsidiaries, provides healthcare ICT and mobile workflow solutions worldwide.
Excellent balance sheet, good value and pays a dividend.
Share Price & News
How has Ascom Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASCN has not had significant price volatility in the past 3 months.
7 Day Return
CH Healthcare Services
1 Year Return
CH Healthcare Services
Return vs Industry: ASCN underperformed the Swiss Healthcare Services industry which returned 13.3% over the past year.
Return vs Market: ASCN underperformed the Swiss Market which returned 18.9% over the past year.
Price Volatility Vs. Market
How volatile is Ascom Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Kind Of Investor Owns Most Of Ascom Holding AG (VTX:ASCN)?
2 weeks ago | Simply Wall StWe're Not Counting On Ascom Holding (VTX:ASCN) To Sustain Its Statutory Profitability
1 month ago | Simply Wall StWith A -8.9% Earnings Drop, Did Ascom Holding AG (VTX:ASCN) Really Underperform?
Is Ascom Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASCN (CHF10.78) is trading below our estimate of fair value (CHF20.39)
Significantly Below Fair Value: ASCN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASCN is good value based on its PE Ratio (17.3x) compared to the Healthcare Services industry average (34x).
PE vs Market: ASCN is good value based on its PE Ratio (17.3x) compared to the Swiss market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: ASCN is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ASCN is overvalued based on its PB Ratio (5.5x) compared to the XE Healthcare Services industry average (4.2x).
How is Ascom Holding 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: ASCN's forecast earnings growth (13.5% per year) is above the savings rate (-0.6%).
Earnings vs Market: ASCN's earnings (13.5% per year) are forecast to grow faster than the Swiss market (10.4% per year).
High Growth Earnings: ASCN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ASCN's revenue (4% per year) is forecast to grow faster than the Swiss market (3.6% per year).
High Growth Revenue: ASCN's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASCN's Return on Equity is forecast to be high in 3 years time (22.4%)
How has Ascom Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASCN has a high level of non-cash earnings.
Growing Profit Margin: ASCN's current net profit margins (7.3%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: ASCN's earnings have declined by -12.6% per year over the past 5 years.
Accelerating Growth: ASCN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ASCN had negative earnings growth (-8.9%) over the past year, making it difficult to compare to the Healthcare Services industry average (8%).
Return on Equity
High ROE: ASCN's Return on Equity (32.1%) is considered high.
Return on Assets
Return on Capital Employed
How is Ascom Holding's financial position?
Financial Position Analysis
Short Term Liabilities: ASCN's short term assets (CHF128.0M) exceed its short term liabilities (CHF102.9M).
Long Term Liabilities: ASCN's short term assets (CHF128.0M) exceed its long term liabilities (CHF25.7M).
Debt to Equity History and Analysis
Debt Level: ASCN's debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: ASCN's debt to equity ratio has increased from 21.8% to 35.7% over the past 5 years.
Debt Coverage: ASCN's debt is well covered by operating cash flow (44.4%).
Interest Coverage: ASCN earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: ASCN has a low level of unsold assets or inventory.
Debt Coverage by Assets: ASCN's debt is covered by short term assets (assets are 5.1x debt).
What is Ascom Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ASCN's dividend (4.17%) is higher than the bottom 25% of dividend payers in the Swiss market (1.73%).
High Dividend: ASCN's dividend (4.17%) is in the top 25% of dividend payers in the Swiss market (3.42%)
Stability and Growth of Payments
Stable Dividend: ASCN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ASCN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72%), ASCN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ASCN's dividends in 3 years are forecast to be covered by earnings (76.8% payout ratio).
What is the CEO of Ascom Holding's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Jeannine Pilloud (55yo)
Ms. Jeannine Pilloud is serves as Chief Executive officer at Ascom Holding AG since August 2019. Ms. Pilloud served as Chairperson at Ascom Holding AG since April 10, 2019 until 2019. Ms. Pilloud served as ...
Management Age and Tenure
Experienced Management: ASCN's management team is considered experienced (2 years average tenure).
Board Age and Tenure
Experienced Board: ASCN's board of directors are considered experienced (5.8 years average tenure).
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.
Jeannine Pilloud (55yo)
Chief Executive Officer
- Tenure: 1yrs
Company Secretary and Senior VP of Legal
Francis Schmeer (47yo)
Chief Sales & Marketing Officer and Member of the Executive Board
- Tenure: 5.3yrs
- Compensation: CHF430.61k
Claes Ödman (54yo)
COO & Member of the Executive Board
- Tenure: 8.6yrs
- Compensation: CHF405.55k
Chief Technology Officer
- Tenure: 2yrs
CFO & Member of Executive Board
- Tenure: 0.3yrs
Andreas Umbach (56yo)
- Tenure: 9.8yrs
Valentin Rueda (63yo)
Chairman of the Board
- Tenure: 1yrs
Christina Stercken (61yo)
- Tenure: 5.8yrs
Jürg Fedier (64yo)
- Tenure: 2.8yrs
Harald Deutsch (57yo)
- Tenure: 6yrs
Ascom Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Ascom Holding AG
- Ticker: ASCN
- Exchange: SWX
- Industry: Health Care Technology
- Sector: Healthcare
- Market Cap: CHF369.688m
- Shares outstanding: 35.96m
- Website: https://www.ascom.com
Number of Employees
- Ascom Holding AG
- Zugerstrasse 32
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASCN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jan 1992|
|AH2N||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jan 1992|
|ACML.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Jan 1992|
|0QON||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Jan 1992|
Ascom Holding AG, together with its subsidiaries, provides healthcare ICT and mobile workflow solutions worldwide. It offers application and management software, smartphone applications, and clinical and system integration solutions, as well as mobile devices, and wireless paging and IP-DECT infrastructures. The company also provides solutions for hospitals, senior care, police stations, courthouse and administrative buildings, retail stores, and automotive, manufacturing, and hospitality industries, as well as for psychiatric and correctional facilities. Ascom Holding AG is headquartered in Baar, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/19 20:35|
|End of Day Share Price||2020/01/17 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.