Vetropack Holding AG

SWX:VETN Stock Report

Market Cap: CHF 491.6m

Vetropack Holding Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: VETN (CHF24.8) is trading below our estimate of fair value (CHF83.52)

Significantly Below Fair Value: VETN is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VETN. This is calculated by dividing VETN's market cap by their current earnings.
What is VETN's PE Ratio?
PE Ratio22.3x
EarningsCHF 22.00m
Market CapCHF 491.64m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VETN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.9x
AFP Aluflexpack
23.1x39.5%CHF 251.7m
CPHN CPH Group
46x49.3%CHF 443.6m
ALGIL Groupe Guillin
7.3x-9.2%€506.5m
301188 Shandong Linuo Pharmaceutical Packaging
43.4x40.6%CN¥3.6b
VETN Vetropack Holding
22.3x41.0%CHF 491.6m

Price-To-Earnings vs Peers: VETN is good value based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (29.9x).

Price to Earnings Ratio vs Industry

How does VETN's PE Ratio compare vs other companies in the European Packaging Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
VETN 22.3xIndustry Avg. 18.1xNo. of Companies6PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VETN is expensive based on its Price-To-Earnings Ratio (22.3x) compared to the European Packaging industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is VETN'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.

VETN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ratio29.1x

Price-To-Earnings vs Fair Ratio: VETN is good value based on its Price-To-Earnings Ratio (22.3x) compared to the estimated Fair Price-To-Earnings Ratio (29.1x).

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 VETN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 24.80
CHF 43.00
+73.4%
16.3%CHF 50.00CHF 36.00n/a2
Dec ’25CHF 26.35
CHF 43.67
+65.7%
13.3%CHF 50.00CHF 36.00n/a3
Nov ’25CHF 28.70
CHF 43.67
+52.1%
13.3%CHF 50.00CHF 36.00n/a3
Oct ’25CHF 31.50
CHF 43.67
+38.6%
13.3%CHF 50.00CHF 36.00n/a3
Sep ’25CHF 31.90
CHF 43.67
+36.9%
13.3%CHF 50.00CHF 36.00n/a3
Aug ’25CHF 33.35
CHF 45.33
+35.9%
9.1%CHF 50.00CHF 40.00n/a3
Jul ’25CHF 32.80
CHF 45.33
+38.2%
9.1%CHF 50.00CHF 40.00n/a3
Jun ’25CHF 31.50
CHF 45.33
+43.9%
9.1%CHF 50.00CHF 40.00n/a3
May ’25CHF 31.10
CHF 45.33
+45.8%
9.1%CHF 50.00CHF 40.00n/a3
Apr ’25CHF 32.55
CHF 45.33
+39.3%
9.1%CHF 50.00CHF 40.00n/a3
Mar ’25CHF 36.20
CHF 52.00
+43.6%
9.8%CHF 60.00CHF 46.00n/a4
Feb ’25CHF 36.60
CHF 54.75
+49.6%
7.2%CHF 60.00CHF 50.00n/a4
Jan ’25CHF 39.10
CHF 54.75
+40.0%
7.2%CHF 60.00CHF 50.00n/a4
Dec ’24CHF 36.00
CHF 54.75
+52.1%
7.2%CHF 60.00CHF 50.00CHF 26.354
Nov ’24CHF 36.00
CHF 54.75
+52.1%
7.2%CHF 60.00CHF 50.00CHF 28.704
Oct ’24CHF 40.45
CHF 54.75
+35.4%
7.2%CHF 60.00CHF 50.00CHF 31.504
Sep ’24CHF 47.00
CHF 54.75
+16.5%
7.2%CHF 60.00CHF 50.00CHF 31.904
Aug ’24CHF 43.85
CHF 54.75
+24.9%
7.2%CHF 60.00CHF 50.00CHF 33.354
Jul ’24CHF 41.50
CHF 54.75
+31.9%
7.2%CHF 60.00CHF 50.00CHF 32.804
Jun ’24CHF 41.45
CHF 54.50
+31.5%
7.0%CHF 60.00CHF 50.00CHF 31.504
May ’24CHF 46.30
CHF 54.50
+17.7%
7.0%CHF 60.00CHF 50.00CHF 31.104
Apr ’24CHF 46.10
CHF 50.00
+8.5%
19.8%CHF 60.00CHF 34.00CHF 32.554
Mar ’24CHF 43.90
CHF 50.00
+13.9%
19.8%CHF 60.00CHF 34.00CHF 36.204
Feb ’24CHF 42.75
CHF 50.00
+17.0%
19.8%CHF 60.00CHF 34.00CHF 36.604
Jan ’24CHF 36.10
CHF 48.50
+34.3%
19.2%CHF 60.00CHF 34.00CHF 39.104
Dec ’23CHF 34.15
CHF 48.50
+42.0%
19.2%CHF 60.00CHF 34.00CHF 36.004

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:05
End of Day Share Price 2024/12/23 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

Vetropack Holding AG is covered by 8 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
Volker BosseBaader Helvea Equity Research
Alejandro Conde FraisoliBanco Santander
Johannes BornerBank am Bellevue