SWX:EMSN

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Executive Summary

EMS-CHEMIE HOLDING AG engages in the high performance polymers and specialty chemicals businesses worldwide.


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has EMS-CHEMIE HOLDING's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EMSN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.8%

EMSN

0.9%

CH Chemicals

1.5%

CH Market


1 Year Return

28.5%

EMSN

21.7%

CH Chemicals

1.8%

CH Market

Return vs Industry: EMSN exceeded the Swiss Chemicals industry which returned 20.2% over the past year.

Return vs Market: EMSN exceeded the Swiss Market which returned 1.7% over the past year.


Shareholder returns

EMSNIndustryMarket
7 Day1.8%0.9%1.5%
30 Day3.9%4.2%0.3%
90 Day23.9%15.8%7.9%
1 Year32.7%28.5%25.7%21.7%5.3%1.8%
3 Year17.8%7.8%49.0%34.9%22.2%9.5%
5 Year96.2%70.0%101.5%71.6%29.9%8.1%

Price Volatility Vs. Market

How volatile is EMS-CHEMIE HOLDING's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is EMS-CHEMIE HOLDING undervalued compared to its fair value and its price relative to the market?

33.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EMSN (CHF747) is trading above our estimate of fair value (CHF359.33)

Significantly Below Fair Value: EMSN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EMSN is poor value based on its PE Ratio (33.1x) compared to the Chemicals industry average (33.1x).

PE vs Market: EMSN is poor value based on its PE Ratio (33.1x) compared to the Swiss market (19x).


Price to Earnings Growth Ratio

PEG Ratio: EMSN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EMSN is overvalued based on its PB Ratio (10.5x) compared to the CH Chemicals industry average (4.4x).


Next Steps

Future Growth

How is EMS-CHEMIE HOLDING forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

-0.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EMSN's earnings are forecast to decline over the next 3 years (-0.9% per year).

Earnings vs Market: EMSN's earnings are forecast to decline over the next 3 years (-0.9% per year).

High Growth Earnings: EMSN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EMSN's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: EMSN's revenue is forecast to decline over the next 3 years (-0.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EMSN's Return on Equity is forecast to be high in 3 years time (28.9%)


Next Steps

Past Performance

How has EMS-CHEMIE HOLDING performed over the past 5 years?

9.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMSN has high quality earnings.

Growing Profit Margin: EMSN's current net profit margins (23.9%) are higher than last year (22.1%).


Past Earnings Growth Analysis

Earnings Trend: EMSN's earnings have grown by 9.6% per year over the past 5 years.

Accelerating Growth: EMSN's earnings growth over the past year (1.4%) is below its 5-year average (9.6% per year).

Earnings vs Industry: EMSN earnings growth over the past year (1.4%) underperformed the Chemicals industry 10.1%.


Return on Equity

High ROE: EMSN's Return on Equity (31.6%) is considered high.


Next Steps

Financial Health

How is EMS-CHEMIE HOLDING's financial position?


Financial Position Analysis

Short Term Liabilities: EMSN's short term assets (CHF1.5B) exceed its short term liabilities (CHF351.9M).

Long Term Liabilities: EMSN's short term assets (CHF1.5B) exceed its long term liabilities (CHF175.8M).


Debt to Equity History and Analysis

Debt Level: EMSN's debt to equity ratio (0.3%) is considered satisfactory.

Reducing Debt: EMSN's debt to equity ratio has reduced from 0.9% to 0.3% over the past 5 years.

Debt Coverage: EMSN's debt is well covered by operating cash flow (10774.8%).

Interest Coverage: EMSN's interest payments on its debt are well covered by EBIT (1549.4x coverage).


Balance Sheet


Next Steps

Dividend

What is EMS-CHEMIE HOLDING current dividend yield, its reliability and sustainability?

2.68%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EMSN's dividend (2.68%) is higher than the bottom 25% of dividend payers in the Swiss market (1.96%).

High Dividend: EMSN's dividend (2.68%) is low compared to the top 25% of dividend payers in the Swiss market (3.9%).


Stability and Growth of Payments

Stable Dividend: EMSN's dividends per share have been stable in the past 10 years.

Growing Dividend: EMSN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.2%), EMSN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EMSN's dividends in 3 years are not forecast to be well covered by earnings (97% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Magdalena Martullo-Blocher (51yo)

16.5yrs

Tenure

Ms. Magdalena Martullo-Blocher has been the Chief Executive Officer of EMS-Chemie Holding AG since January 1, 2004 and serves as its Member of Executive Management. Ms. Martullo-Blocher has been a Vice Cha ...


Leadership Team

NamePositionTenureCompensationOwnership
Magdalena Martullo-Blocher
Vice-Chairman16.5yrsno datano data
Stefan Baumgärtner
CFO & Member of Executive Management2.75yrsno datano data
Peter Germann
Member of Executive Management3.75yrsno datano data

3.8yrs

Average Tenure

51yo

Average Age

Experienced Management: EMSN's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Magdalena Martullo-Blocher
Vice-Chairman16.5yrsno datano data
Ulf Berg
Non-Executive Chairman12.92yrsno datano data
Christoph Maeder
Non-Executive Director1.92yrsno datano data
Bernhard Merki
Non-Executive Director5.92yrsno datano data
Joachim Streu
Non-Executive Director6.92yrsno datano data

6.9yrs

Average Tenure

61yo

Average Age

Experienced Board: EMSN's board of directors are considered experienced (6.9 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EMS-CHEMIE HOLDING AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EMS-CHEMIE HOLDING AG
  • Ticker: EMSN
  • Exchange: SWX
  • Founded: 1936
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CHF17.472b
  • Shares outstanding: 23.39m
  • Website: https://www.ems-group.com

Number of Employees


Location

  • EMS-CHEMIE HOLDING AG
  • Via Innovativa 1
  • Domat/Ems
  • Zurich
  • 7013
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EMSNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFSep 1992
0QM9LSE (London Stock Exchange)YesRegistered SharesGBCHFSep 1992
EMC1DB (Deutsche Boerse AG)YesRegistered SharesDEEURSep 1992
EMSH.FOTCPK (Pink Sheets LLC)YesRegistered SharesUSUSDSep 1992

Biography

EMS-CHEMIE HOLDING AG engages in the high performance polymers and specialty chemicals businesses worldwide. The company’s High Performance Polymers segment is involved in the manufacture and supply of high performance polyamides and polyamide materials; and supply of adhesives, sealants, and coatings, including application engineering systems. Its Specialty Chemicals segment develops, produces, and sells fibers, fusible adhesives, and adhesive yarns for technical and textile applications; adhesion promoters for the tire industry; powder coatings; and reactive diluents. EMS-CHEMIE HOLDING AG serves automotive, electro and electronic, industry and consumer goods, optic, and packaging markets. The company was founded in 1936 and is based in Domat/Ems, Switzerland. EMS-CHEMIE HOLDING AG is a subsidiary of EMESTA HOLDING AG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 20:51
End of Day Share Price2020/07/07 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.