ALSO Holding Valuation

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

ALSN (CHF275) is trading below our estimate of [[fair value]] (CHF436)

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

Below Fair Value: ALSN (CHF275) is trading below our estimate of fair value (CHF436)

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

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ALSN. This is calculated by dividing ALSN's market cap by their current preferred multiple.
What is ALSN's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€3.45b

ALSN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	13.7x
PEG Ratio	1.9x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALSN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	94.5x
SWON SoftwareONE Holding	122.5x	35.0%	CHF 2.6b
COTN Comet Holding	195.7x	43.0%	CHF 3.0b
IFCN INFICON Holding	35.8x	10.1%	CHF 3.4b
LAND Landis+Gyr Group	23.8x	17.8%	CHF 2.3b
ALSN ALSO Holding	27.9x	14.7%	CHF 3.4b

Price-To-Earnings vs Peers: ALSN is good value based on its Price-To-Earnings Ratio (27.9x) compared to the peer average (94.5x).

Price to Earnings Ratio vs Industry

How does ALSN's PE Ratio compare vs other companies in the European Electronic Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	26.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	26.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: ALSN is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the European Electronic industry average (21.7x).

Price to Earnings Ratio vs Fair Ratio

What is ALSN'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.

ALSN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.9x
Fair PE Ratio	28.7x

Price-To-Earnings vs Fair Ratio: ALSN is good value based on its Price-To-Earnings Ratio (27.9x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).

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 ALSN forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CHF 275.00	CHF 291.88 +6.1%	5.4%	CHF 312.87	CHF 269.96	n/a	4
Jul ’25	CHF 277.00	CHF 291.88 +5.4%	5.4%	CHF 312.87	CHF 269.96	n/a	4
Jun ’25	CHF 262.00	CHF 291.88 +11.4%	5.4%	CHF 312.87	CHF 269.96	n/a	4
May ’25	CHF 227.00	CHF 283.14 +24.7%	4.0%	CHF 300.38	CHF 270.83	n/a	4
Apr ’25	CHF 234.00	CHF 283.14 +21.0%	4.0%	CHF 300.38	CHF 270.83	n/a	4
Mar ’25	CHF 233.00	CHF 283.14 +21.5%	4.0%	CHF 300.38	CHF 270.83	n/a	4
Feb ’25	CHF 256.50	CHF 284.54 +10.9%	3.7%	CHF 296.89	CHF 269.73	n/a	4
Jan ’25	CHF 251.00	CHF 277.00 +10.4%	4.6%	CHF 297.38	CHF 258.62	n/a	5
Dec ’24	CHF 241.50	CHF 267.24 +10.7%	8.1%	CHF 297.20	CHF 232.18	n/a	5
Nov ’24	CHF 232.50	CHF 269.26 +15.8%	8.1%	CHF 300.62	CHF 234.86	n/a	5
Oct ’24	CHF 230.50	CHF 269.93 +17.1%	8.1%	CHF 301.46	CHF 235.51	n/a	5
Sep ’24	CHF 211.50	CHF 269.55 +27.4%	8.1%	CHF 300.97	CHF 235.13	n/a	5
Aug ’24	CHF 199.20	CHF 266.25 +33.7%	10.5%	CHF 301.26	CHF 217.57	n/a	5
Jul ’24	CHF 192.80	CHF 272.12 +41.1%	11.6%	CHF 314.35	CHF 220.45	CHF 277.00	5
Jun ’24	CHF 185.20	CHF 272.12 +46.9%	11.6%	CHF 314.35	CHF 220.45	CHF 262.00	5
May ’24	CHF 190.80	CHF 280.06 +46.8%	12.6%	CHF 319.89	CHF 224.33	CHF 227.00	4
Apr ’24	CHF 185.60	CHF 283.77 +52.9%	12.6%	CHF 324.40	CHF 227.50	CHF 234.00	4
Mar ’24	CHF 187.60	CHF 283.77 +51.3%	12.6%	CHF 324.40	CHF 227.50	CHF 233.00	4
Feb ’24	CHF 187.00	CHF 290.61 +55.4%	8.9%	CHF 332.51	CHF 265.52	CHF 256.50	4
Jan ’24	CHF 169.20	CHF 290.61 +71.8%	8.9%	CHF 332.51	CHF 265.52	CHF 251.00	4
Dec ’23	CHF 180.60	CHF 278.96 +54.5%	8.9%	CHF 319.28	CHF 254.96	CHF 241.50	4
Nov ’23	CHF 156.60	CHF 278.96 +78.1%	8.9%	CHF 319.28	CHF 254.96	CHF 232.50	4
Oct ’23	CHF 147.20	CHF 278.96 +89.5%	8.9%	CHF 319.28	CHF 254.96	CHF 230.50	4
Sep ’23	CHF 157.80	CHF 282.62 +79.1%	7.3%	CHF 315.34	CHF 260.90	CHF 211.50	4
Aug ’23	CHF 175.60	CHF 281.52 +60.3%	7.5%	CHF 314.92	CHF 260.56	CHF 199.20	4
Jul ’23	CHF 188.60	CHF 327.80 +73.8%	9.7%	CHF 381.78	CHF 299.08	CHF 192.80	4

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