LEM Holding SA

SWX:LEHN Stock Report

Market Cap: CHF 652.4m

LEM Holding Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: LEHN (CHF593) is trading above our estimate of future cash flow value (CHF549.16)

Significantly Below Future Cash Flow Value: LEHN is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LEHN. This is calculated by dividing LEHN's market cap by their current earnings.
What is LEHN's PE Ratio?
PE Ratio39.8x
EarningsCHF 16.95m
Market CapCHF 652.38m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LEHN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average79.1x
LAND Landis+Gyr Group
43.8x32.78%CHF 1.4b
SENS Sensirion Holding
45.3x15.57%CHF 1.3b
COTN Comet Holding
174x67.49%CHF 2.7b
IFCN INFICON Holding
53.1x28.57%CHF 4.3b
LEHN LEM Holding
39.8x22.97%CHF 675.1m

Price-To-Earnings vs Peers: LEHN is good value based on its Price-To-Earnings Ratio (39.8x) compared to the peer average (79.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LEHN 39.8xIndustry Avg. 20.0xNo. of Companies15PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LEHN is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the European Electronic industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is LEHN'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.

LEHN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39.8x
Fair PE Ratio34.4x

Price-To-Earnings vs Fair Ratio: LEHN is expensive based on its Price-To-Earnings Ratio (39.8x) compared to the estimated Fair Price-To-Earnings Ratio (34.5x).

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 LEHN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 593.00
CHF 491.00
-17.20%
18.13%CHF 650.00CHF 380.00n/a5
Sep ’27CHF 528.00
CHF 491.00
-7.01%
18.13%CHF 650.00CHF 380.00n/a5
Aug ’27CHF 506.00
CHF 491.00
-2.96%
18.13%CHF 650.00CHF 380.00n/a5
Jul ’27CHF 449.00
CHF 438.00
-2.45%
13.09%CHF 515.00CHF 380.00n/a5
Jun ’27CHF 463.00
CHF 386.00
-16.63%
21.20%CHF 515.00CHF 260.00n/a5
May ’27CHF 304.00
CHF 355.40
+16.91%
16.90%CHF 410.00CHF 240.00n/a5
Apr ’27CHF 294.00
CHF 379.00
+28.91%
22.95%CHF 510.00CHF 240.00n/a5
Mar ’27CHF 318.50
CHF 379.00
+19.00%
22.95%CHF 510.00CHF 240.00n/a5
Feb ’27CHF 281.50
CHF 379.00
+34.64%
18.59%CHF 435.00CHF 240.00n/a5
Jan ’27CHF 295.00
CHF 377.50
+27.97%
21.47%CHF 450.00CHF 240.00n/a4
Dec ’26CHF 322.00
CHF 415.00
+28.88%
5.25%CHF 450.00CHF 390.00n/a4
Nov ’26CHF 457.50
CHF 765.00
+67.21%
21.84%CHF 940.00CHF 540.00n/a3
Oct ’26CHF 484.00
CHF 851.67
+75.96%
7.37%CHF 940.00CHF 800.00n/a3
Sep ’26CHF 510.00
CHF 851.67
+66.99%
7.37%CHF 940.00CHF 800.00CHF 528.003
Aug ’26CHF 664.00
CHF 851.67
+28.26%
7.37%CHF 940.00CHF 800.00CHF 506.003
Jul ’26CHF 822.00
CHF 1,172.50
+42.64%
6.75%CHF 1,290.00CHF 1,100.00CHF 449.004
Jun ’26CHF 748.00
CHF 1,155.00
+54.41%
8.54%CHF 1,290.00CHF 1,030.00CHF 463.004
May ’26CHF 686.00
CHF 1,202.50
+75.29%
5.00%CHF 1,290.00CHF 1,120.00CHF 304.004
Apr ’26CHF 712.00
CHF 1,202.50
+68.89%
5.00%CHF 1,290.00CHF 1,120.00CHF 294.004
Mar ’26CHF 841.00
CHF 1,202.50
+42.98%
5.00%CHF 1,290.00CHF 1,120.00CHF 318.504
Feb ’26CHF 863.00
CHF 1,217.50
+41.08%
3.50%CHF 1,290.00CHF 1,180.00CHF 281.504
Jan ’26CHF 741.00
CHF 1,295.00
+74.76%
5.19%CHF 1,390.00CHF 1,200.00CHF 295.004
Dec ’25CHF 783.00
CHF 1,323.00
+68.97%
13.57%CHF 1,625.00CHF 1,100.00CHF 322.005
Nov ’25CHF 1,168.00
CHF 1,607.60
+37.64%
7.38%CHF 1,818.00CHF 1,470.00CHF 457.505
Oct ’25CHF 1,342.00
CHF 1,610.50
+20.01%
6.74%CHF 1,818.00CHF 1,470.00CHF 484.006
Sep ’25CHF 1,250.00
CHF 1,609.50
+28.76%
8.24%CHF 1,818.00CHF 1,470.00CHF 510.004
CHF 491
Fair Value
20.8% overvalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/21 21:51
End of Day Share Price 2026/09/21 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

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 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 Github.

Analyst Sources

LEM Holding SA is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerhard OrgonasBerenberg
Lucas GlemserBerenberg
Reto HuberResearch Partners AG