Comet Holding AG

SWX:COTN Stock Report

Market Cap: CHF 2.2b

Comet Holding Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: COTN (CHF275.5) is trading below our estimate of fair value (CHF394.59)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for COTN. This is calculated by dividing COTN's market cap by their current earnings.
What is COTN's PE Ratio?
PE Ratio122.3x
EarningsCHF 17.51m
Market CapCHF 2.17b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for COTN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.9x
LAND Landis+Gyr Group
18.3x16.8%CHF 1.9b
IFCN INFICON Holding
25.1x9.5%CHF 2.5b
LEHN LEM Holding
29.9x36.9%CHF 912.3m
ELMN Elma Electronic
26.5xn/aCHF 237.6m
COTN Comet Holding
122.3x48.6%CHF 2.1b

Price-To-Earnings vs Peers: COTN is expensive based on its Price-To-Earnings Ratio (122.3x) compared to the peer average (24.9x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
COTN 122.3xIndustry Avg. 18.0xNo. of Companies17PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COTN is expensive based on its Price-To-Earnings Ratio (122.3x) compared to the European Electronic industry average (18x).

Price to Earnings Ratio vs Fair Ratio

What is COTN'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.

COTN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio122.3x
Fair PE Ratio44.6x

Price-To-Earnings vs Fair Ratio: COTN is expensive based on its Price-To-Earnings Ratio (122.3x) compared to the estimated Fair Price-To-Earnings Ratio (44.5x).

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 COTN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 275.50
CHF 370.71
+34.6%
10.8%CHF 430.00CHF 300.00n/a7
Nov ’25CHF 292.50
CHF 370.71
+26.7%
10.8%CHF 430.00CHF 300.00n/a7
Oct ’25CHF 322.00
CHF 380.50
+18.2%
13.5%CHF 448.00CHF 300.00n/a6
Sep ’25CHF 346.50
CHF 391.33
+12.9%
14.5%CHF 450.00CHF 300.00n/a6
Aug ’25CHF 352.50
CHF 388.00
+10.1%
14.0%CHF 450.00CHF 300.00n/a6
Jul ’25CHF 358.50
CHF 381.50
+6.4%
12.8%CHF 450.00CHF 300.00n/a6
Jun ’25CHF 333.50
CHF 367.80
+10.3%
11.3%CHF 409.00CHF 300.00n/a5
May ’25CHF 293.00
CHF 328.20
+12.0%
17.8%CHF 409.00CHF 235.00n/a5
Apr ’25CHF 314.20
CHF 329.40
+4.8%
17.9%CHF 409.00CHF 235.00n/a5
Mar ’25CHF 315.00
CHF 312.20
-0.9%
16.6%CHF 378.00CHF 235.00n/a5
Feb ’25CHF 293.40
CHF 272.40
-7.2%
15.5%CHF 320.00CHF 215.00n/a5
Jan ’25CHF 265.20
CHF 268.40
+1.2%
14.3%CHF 317.00CHF 215.00n/a5
Dec ’24CHF 237.40
CHF 235.80
-0.7%
14.0%CHF 275.00CHF 186.00n/a5
Nov ’24CHF 177.50
CHF 205.20
+15.6%
15.6%CHF 250.00CHF 165.00CHF 292.505
Oct ’24CHF 204.40
CHF 246.60
+20.6%
15.2%CHF 295.00CHF 202.00CHF 322.005
Sep ’24CHF 227.20
CHF 251.33
+10.6%
14.3%CHF 295.00CHF 202.00CHF 346.506
Aug ’24CHF 229.00
CHF 251.33
+9.8%
14.3%CHF 295.00CHF 202.00CHF 352.506
Jul ’24CHF 228.40
CHF 262.33
+14.9%
12.1%CHF 305.00CHF 208.00CHF 358.506
Jun ’24CHF 241.60
CHF 281.33
+16.4%
15.0%CHF 349.00CHF 208.00CHF 333.506
May ’24CHF 215.00
CHF 259.83
+20.9%
13.9%CHF 305.00CHF 193.00CHF 293.006
Apr ’24CHF 253.00
CHF 266.33
+5.3%
17.7%CHF 330.00CHF 199.00CHF 314.206
Mar ’24CHF 208.50
CHF 262.60
+25.9%
12.1%CHF 300.00CHF 210.00CHF 315.005
Feb ’24CHF 212.50
CHF 257.80
+21.3%
13.9%CHF 300.00CHF 199.00CHF 293.405
Jan ’24CHF 195.80
CHF 242.80
+24.0%
14.3%CHF 300.00CHF 199.00CHF 265.205
Dec ’23CHF 198.60
CHF 242.80
+22.3%
14.3%CHF 300.00CHF 199.00CHF 237.405
Nov ’23CHF 159.20
CHF 232.20
+45.9%
11.7%CHF 280.00CHF 200.00CHF 177.505

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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