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INFICON Holding

SWX:IFCN
Snowflake Description

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

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IFCN
SWX
CHF1B
Market Cap
  1. Home
  2. CH
  3. Tech
Company description

INFICON Holding AG provides instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North America, and internationally. The last earnings update was 49 days ago. More info.


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IFCN Share Price and Events
7 Day Returns
0.2%
SWX:IFCN
1.2%
CH Electronic
0.7%
CH Market
1 Year Returns
-5.4%
SWX:IFCN
-10.3%
CH Electronic
3.6%
CH Market
IFCN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
INFICON Holding (IFCN) 0.2% 4.9% 13.5% -5.4% 83.3% 81.3%
CH Electronic 1.2% 7.7% 13.2% -10.3% 44.1% 61.6%
CH Market 0.7% 1.9% 6.3% 3.6% 14% 12.7%
1 Year Return vs Industry and Market
  • IFCN outperformed the Electronic industry which returned -10.3% over the past year.
  • IFCN underperformed the Market in Switzerland which returned 3.6% over the past year.
Price Volatility
IFCN
Industry
5yr Volatility vs Market

Value

 Is INFICON Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of INFICON Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for INFICON Holding.

SWX:IFCN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year CH Government Bond Rate 3.3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SWX:IFCN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CH Govt Bond Rate 3.3%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.068 (1 + (1- 18%) (0%))
1.046
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.28% + (1.046 * 5.96%)
9.51%

Discounted Cash Flow Calculation for SWX:IFCN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for INFICON Holding is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SWX:IFCN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.51%)
2019 52.60 Analyst x1 48.03
2020 53.90 Analyst x1 44.95
2021 55.35 Est @ 2.69% 42.15
2022 56.93 Est @ 2.86% 39.59
2023 58.63 Est @ 2.99% 37.23
2024 60.44 Est @ 3.07% 35.05
2025 62.33 Est @ 3.13% 33.01
2026 64.31 Est @ 3.18% 31.10
2027 66.37 Est @ 3.21% 29.31
2028 68.51 Est @ 3.23% 27.63
Present value of next 10 years cash flows $368.03
SWX:IFCN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $68.51 × (1 + 3.28%) ÷ (9.51% – 3.28%)
$1,135.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,135.21 ÷ (1 + 9.51%)10
$457.74
SWX:IFCN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $368.03 + $457.74
$825.77
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $825.77 / 2.42
$341.29
SWX:IFCN Discount to Share Price
Calculation Result
Exchange Rate USD/CHF
(Reporting currency to currency of SWX:IFCN)
1.019
Value per Share
(CHF)
= Value per Share in USD x Exchange Rate (USD/CHF)
= $341.29 x 1.019
CHF347.71
Value per share (CHF) From above. CHF347.71
Current discount Discount to share price of CHF571.00
= -1 x (CHF571.00 - CHF347.71) / CHF347.71
-64.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of INFICON Holding is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for INFICON Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are INFICON Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SWX:IFCN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $26.54
SWX:IFCN Share Price ** SWX (2019-04-24) in CHF CHF571
SWX:IFCN Share Price converted to USD reporting currency Exchange rate (CHF/ USD) 0.982 $560.46
Switzerland Electronic Industry PE Ratio Median Figure of 9 Publicly-Listed Electronic Companies 19.73x
Switzerland Market PE Ratio Median Figure of 174 Publicly-Listed Companies 18.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of INFICON Holding.

SWX:IFCN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:IFCN Share Price ÷ EPS (both in USD)

= 560.46 ÷ 26.54

21.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • INFICON Holding is overvalued based on earnings compared to the CH Electronic industry average.
  • INFICON Holding is overvalued based on earnings compared to the Switzerland market.
Price based on expected Growth
Does INFICON Holding's expected growth come at a high price?
Raw Data
SWX:IFCN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
2.3%per year
Switzerland Electronic Industry PEG Ratio Median Figure of 8 Publicly-Listed Electronic Companies 1.77x
Switzerland Market PEG Ratio Median Figure of 122 Publicly-Listed Companies 2.31x

*Line of best fit is calculated by linear regression .

SWX:IFCN PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 21.12x ÷ 2.3%

8.99x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • INFICON Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on INFICON Holding's assets?
Raw Data
SWX:IFCN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $85.05
SWX:IFCN Share Price * SWX (2019-04-24) in CHF CHF571
SWX:IFCN Share Price converted to USD reporting currency Exchange rate (CHF/ USD) 0.982 $560.46
Switzerland Electronic Industry PB Ratio Median Figure of 11 Publicly-Listed Electronic Companies 2.6x
Switzerland Market PB Ratio Median Figure of 210 Publicly-Listed Companies 1.73x
SWX:IFCN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:IFCN Share Price ÷ Book Value per Share (both in USD)

= 560.46 ÷ 85.05

6.59x

* Primary Listing of INFICON Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • INFICON Holding is overvalued based on assets compared to the CH Electronic industry average.
X
Value checks
We assess INFICON Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. INFICON Holding has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is INFICON Holding expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is INFICON Holding expected to grow at an attractive rate?
  • INFICON Holding's earnings growth is positive but not above the low risk savings rate of 3.3%.
Growth vs Market Checks
  • INFICON Holding's earnings growth is positive but not above the Switzerland market average.
  • INFICON Holding's revenue growth is expected to exceed the Switzerland market average.
Annual Growth Rates Comparison
Raw Data
SWX:IFCN Future Growth Rates Data Sources
Data Point Source Value (per year)
SWX:IFCN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 2.3%
SWX:IFCN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 3.6%
Switzerland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17.6%
Switzerland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Switzerland Market Earnings Growth Rate Market Cap Weighted Average 9.3%
Switzerland Market Revenue Growth Rate Market Cap Weighted Average 3.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SWX:IFCN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SWX:IFCN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 452 69 5
2020-12-31 425 71 64 6
2019-12-31 399 69 56 5
SWX:IFCN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 410 52 64
2018-09-30 408 56 66
2018-06-30 406 61 68
2018-03-31 390 61 64
2017-12-31 374 61 59
2017-09-30 360 61 55
2017-06-30 347 60 50
2017-03-31 328 57 45
2016-12-31 310 53 40
2016-09-30 299 47 38
2016-06-30 289 41 35
2016-03-31 284 39 33

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • INFICON Holding's earnings are expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).
  • INFICON Holding's revenue is expected to grow by 3.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SWX:IFCN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from INFICON Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:IFCN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 28.37 29.43 27.18 3.00
2020-12-31 26.07 27.29 25.54 4.00
2019-12-31 23.77 24.24 22.84 4.00
SWX:IFCN Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 26.54
2018-09-30 27.46
2018-06-30 28.39
2018-03-31 26.60
2017-12-31 24.79
2017-09-30 22.99
2017-06-30 21.18
2017-03-31 19.12
2016-12-31 17.05
2016-09-30 16.05
2016-06-30 15.05
2016-03-31 13.93

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • INFICON Holding is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess INFICON Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Switzerland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Switzerland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
INFICON Holding has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has INFICON Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare INFICON Holding's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • INFICON Holding's year on year earnings growth rate has been positive over the past 5 years.
  • INFICON Holding's 1-year earnings growth is less than its 5-year average (7.9% vs 16.6%)
  • INFICON Holding's earnings growth has exceeded the CH Electronic industry average in the past year (7.9% vs 7.6%).
Earnings and Revenue History
INFICON Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from INFICON Holding Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SWX:IFCN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 410.45 64.17 91.70 31.70
2018-09-30 408.39 66.33 91.73 30.94
2018-06-30 406.34 68.50 91.75 30.18
2018-03-31 389.96 63.99 89.25 29.19
2017-12-31 373.58 59.49 86.76 28.19
2017-09-30 360.09 54.96 84.42 27.77
2017-06-30 346.61 50.43 82.09 27.35
2017-03-31 328.14 45.37 80.23 27.06
2016-12-31 309.68 40.32 78.36 26.77
2016-09-30 299.16 37.88 76.10 26.08
2016-06-30 288.63 35.43 73.84 25.40
2016-03-31 283.66 32.74 72.66 25.00
2015-12-31 278.69 30.06 71.48 24.60
2015-09-30 286.48 31.84 73.29 25.21
2015-06-30 294.27 33.63 75.10 25.83
2015-03-31 299.87 35.46 76.64 26.55
2014-12-31 305.47 37.29 78.18 27.28
2014-09-30 300.64 35.57 77.25 27.48
2014-06-30 295.82 33.85 76.32 27.69
2014-03-31 294.40 34.58 74.85 27.72
2013-12-31 292.98 35.31 73.39 27.76
2013-09-30 288.78 36.14 72.04 27.40
2013-06-30 284.58 36.98 70.69 27.05
2013-03-31 290.89 38.45 70.45 26.86
2012-12-31 297.21 39.93 70.21 26.67
2012-09-30 300.94 39.28 71.97 26.39
2012-06-30 304.67 38.62 73.72 26.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • INFICON Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • INFICON Holding used its assets more efficiently than the CH Electronic industry average last year based on Return on Assets.
  • INFICON Holding has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess INFICON Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
INFICON Holding has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is INFICON Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up INFICON Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • INFICON Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • INFICON Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of INFICON Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • INFICON Holding has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from INFICON Holding Company Filings, last reported 3 months ago.

SWX:IFCN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 205.76 0.00 62.30
2018-09-30 205.76 0.00 62.30
2018-06-30 192.56 20.15 65.86
2018-03-31 192.56 20.15 65.86
2017-12-31 206.97 0.00 85.03
2017-09-30 206.97 0.00 85.03
2017-06-30 168.87 17.74 69.19
2017-03-31 168.87 17.74 69.19
2016-12-31 168.33 0.00 63.90
2016-09-30 168.33 0.00 63.90
2016-06-30 144.79 13.28 45.63
2016-03-31 144.79 13.28 45.63
2015-12-31 170.97 0.00 60.90
2015-09-30 170.97 0.00 60.90
2015-06-30 154.86 1.07 46.17
2015-03-31 154.86 1.07 46.17
2014-12-31 177.34 0.00 80.98
2014-09-30 177.34 0.00 80.98
2014-06-30 160.49 6.72 64.07
2014-03-31 160.49 6.72 64.07
2013-12-31 179.81 0.00 74.97
2013-09-30 179.81 0.00 74.97
2013-06-30 155.43 0.00 68.07
2013-03-31 155.43 0.00 68.07
2012-12-31 171.52 2.32 92.24
2012-09-30 171.52 2.32 92.24
2012-06-30 141.35 2.52 57.00
  • INFICON Holding has no debt.
  • INFICON Holding had no debt 5 years ago.
  • INFICON Holding has no debt, it does not need to be covered by operating cash flow.
  • INFICON Holding has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess INFICON Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. INFICON Holding has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is INFICON Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.84%
Current annual income from INFICON Holding dividends. Estimated to be 4.2% next year.
If you bought CHF2,000 of INFICON Holding shares you are expected to receive CHF77 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • INFICON Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Switzerland (1.88%).
  • INFICON Holding's dividend is above the markets top 25% of dividend payers in Switzerland (3.54%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SWX:IFCN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Switzerland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.8%
Switzerland Market Average Dividend Yield Market Cap Weighted Average of 167 Stocks 3.1%
Switzerland Minimum Threshold Dividend Yield 10th Percentile 1.3%
Switzerland Bottom 25% Dividend Yield 25th Percentile 1.9%
Switzerland Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SWX:IFCN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 25.28 5.00
2020-12-31 23.05 6.00
2019-12-31 22.19 4.00
SWX:IFCN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-06 21.523 3.979
2018-03-19 19.833 3.926
2017-03-20 15.859 2.892
2016-03-29 12.600 3.616
2015-03-30 14.555 4.924
2014-03-11 13.744 4.610
2013-03-14 16.338 5.363
2012-08-09 14.000 6.064
2012-03-09 14.084 7.112
2011-02-28 10.454 6.177
2010-03-02 3.863 2.701

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, INFICON Holding has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but INFICON Holding only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of INFICON Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess INFICON Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can INFICON Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. INFICON Holding has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of INFICON Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lukas Winkler
COMPENSATION $1,003,000
AGE 56
TENURE AS CEO 15.3 years
CEO Bio

Mr. Lukas Winkler has been the Chief Executive Officer and the President of Inficon Holding AG, holding company of Inficon, Inc., since January 1, 2004. Mr. Winkler joined Inficon in January 1993 and served as its Vice President of Vacuum Control from January 1997 to January 1, 2004. From January 1995 to January 1997, he served Inficon's Balzers AG, subsidiary as General Manager of Production. Mr. Winkler has Master Degree in Engineering from the Swiss Federal Institute of Technology (ETH-Zürich) and Executive MBA from Syracuse University.

CEO Compensation
  • Lukas's compensation has been consistent with company performance over the past year.
  • Lukas's remuneration is about average for companies of similar size in Switzerland.
Management Team

Lukas Winkler

TITLE
President & CEO
COMPENSATION
$1M
AGE
56
TENURE
15.3 yrs

Matthias Tröndle

TITLE
VP & CFO
AGE
58
TENURE
10.6 yrs

Elisabeth Kühne

TITLE
General Secretary to the Board of Directors
Board of Directors Tenure

Average tenure and age of the INFICON Holding board of directors in years:

7.9
Average Tenure
58
Average Age
  • The tenure for the INFICON Holding board of directors is about average.
Board of Directors

Beat Lüthi

TITLE
Chairman
COMPENSATION
$215K
AGE
56
TENURE
6.9 yrs

Richard Fischer

TITLE
Vice Chairman
COMPENSATION
$163K
AGE
63

Riehen Staehelin

TITLE
Director
COMPENSATION
$127K
AGE
71
TENURE
17.9 yrs

Beat Siegrist

TITLE
Director
COMPENSATION
$130K
AGE
58
TENURE
8.9 yrs

Vanessa Frey

TITLE
Director
COMPENSATION
$117K
AGE
38
TENURE
6.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CHF) Value (CHF)
X
Management checks
We assess INFICON Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. INFICON Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does INFICON Holding AG's (VTX:IFCN) CEO Pay Matter?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Lukas Winkler's Compensation Compare With Similar Sized Companies. … According to our data, INFICON Holding AG has a market capitalization of CHF1.3b, and pays its CEO total annual compensation worth US$1.0m.

Simply Wall St -

INFICON Holding AG (VTX:IFCN) Is Employing Capital Very Effectively

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Is INFICON Holding AG (VTX:IFCN) A High Quality Stock To Own?

This article is for those who would like to learn about Return On Equity (ROE). … One way to conceptualize this, is that for each CHF1 of shareholders' equity it has, the company made CHF0.36 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Was INFICON Holding AG's (VTX:IFCN) Earnings Growth Better Than The Industry's?

Below, I will examine INFICON Holding AG's (VTX:IFCN) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers. … View our latest analysis for INFICON Holding? … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 13%, indicating the rate at which IFCN is growing has accelerated

Simply Wall St -

With An ROE Of 35.57%, Has INFICON Holding AG's (VTX:IFCN) Management Done Well?

and want to begin learning the link between company’s fundamentals and stock market performance. … INFICON Holding AG (VTX:IFCN) outperformed the electronic equipment and instruments industry on the basis of its ROE – producing a higher 35.57% relative to the peer average of 13.32% over the past 12 months. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden.

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INFICON Holding AG (VTX:IFCN): Exploring Free Cash Flows

I will take you through INFICON Holding’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … INFICON Holding generates cash through its day-to-day business, which needs to be reinvested into the company in order for it to continue operating. … The two ways to assess whether INFICON Holding’s FCF is sufficient, is to compare the FCF yield to the market index yield, as well as determine whether the top-line operating cash flows will continue to grow.

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Is Analysts' Sentiment For INFICON Holding AG's (VTX:IFCN) Justified?

There's no stopping the INFICON Holding AG (VTX:IFCN) growth train, with analysts forecasting high top-line growth in the near future. … I will touched on some key aspects you should know on a high level, around its financials and growth prospects going forward. … INFICON Holding AG provides instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North America, and other countries.

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Who Are The Largest Shareholders In INFICON Holding AG (VTX:IFCN)?

I am going to take a deep dive into INFICON Holding AG’s (VTX:IFCN) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

A Look At The Intrinsic Value Of INFICON Holding AG (VTX:IFCN)

In this article I am going to calculate the intrinsic value of INFICON Holding AG (VTX:IFCN). … by taking the expected future cash flows and discounting them to today's value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St -

Should INFICON Holding AG (VTX:IFCN) Be Part Of Your Dividend Portfolio?

INFICON Holding AG (VTX:IFCN) has pleased shareholders over the past 10 years, paying out an average dividend of 5.00% annually. … The company is currently worth CHF1.23b, and now yields roughly 3.95%. … Let's dig deeper into whether INFICON Holding should have a place in your portfolio.

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Company Info

Description

INFICON Holding AG provides instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North America, and internationally. The company offers leak detectors, service tools for HVAC/R and automotive, chemical detection and monitoring products, quartz crystals, thin film depositions, and residual gas analyzers and mass spectrometers. It also provides RF sensing technology solutions, industrial engineering software suite for the semiconductor manufacturing industry, vacuum feedthroughs and components, vacuum gauge controllers and accessories, vacuum gauges, high precision vacuum gauges, and compatible vacuum gauges and controllers. In addition, the company provides provide toxic chemical analysis products for emergency response, security, and environmental monitoring, as well as instruments for energy and petrochemical applications. Its analysis, measurement, and control products are used for gas leak detection in air conditioning, refrigeration, and automotive manufacturing; and for use in the fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells, LED lighting, and industrial vacuum coating applications. The company’s products are also used in the life sciences, research, aerospace, food and general packaging, heat treatment, laser cutting, oil and gas transportation and processing, alternative energy, utilities, and other industrial processes. INFICON Holding AG was founded in 2000 and is headquartered in Bad Ragaz, Switzerland.

Details
Name: INFICON Holding AG
IFCN
Exchange: SWX
Founded: 2000
CHF1,381,553,343
2,419,533
Website: http://www.inficon.com
Address: INFICON Holding AG
Hintergasse 15B,
Bad Ragaz,
St. Gallen, 7310,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX IFCN Common Stock SIX Swiss Exchange CH CHF 09. Nov 2000
OTCPK IFCN.F Common Stock Pink Sheets LLC US USD 09. Nov 2000
DB IFZ Common Stock Deutsche Boerse AG DE EUR 09. Nov 2000
LSE 0QK5 Common Stock London Stock Exchange GB CHF 09. Nov 2000
BATS-CHIXE IFCNZ Common Stock BATS 'Chi-X Europe' GB CHF 09. Nov 2000
Number of employees
Current staff
Staff numbers
1,118
INFICON Holding employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 20:48
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/24
Last earnings filing: 2019/03/06
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.