Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CHF15.30, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Luxury industry in Europe. Total loss to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CHF28.34 per share. Announcement • Mar 27
CALIDA Holding AG to Report First Half, 2026 Results on Jul 24, 2026 CALIDA Holding AG announced that they will report first half, 2026 results on Jul 24, 2026 Announcement • Mar 26
CALIDA Holding AG, Annual General Meeting, Apr 15, 2026 CALIDA Holding AG, Annual General Meeting, Apr 15, 2026, at 13:30 W. Europe Standard Time. New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.7% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Declared Dividend • Mar 02
Dividend increased to CHF0.25 Dividend of CHF0.25 is 42% higher than last year. Ex-date: 21st April 2026 Payment date: 23rd April 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: CHF1.02 (vs CHF0.062 in FY 2024) Full year 2025 results: EPS: CHF1.02 (up from CHF0.062 in FY 2024). Revenue: CHF219.0m (down 5.2% from FY 2024). Net income: CHF7.08m (up CHF6.58m from FY 2024). Profit margin: 3.2% (up from 0.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Announcement • Feb 27
CALIDA Holding AG announces Annual dividend, payable on April 23, 2026 CALIDA Holding AG announced Annual dividend of CHF 0.2500 per share payable on April 23, 2026, ex-date on April 21, 2026 and record date on April 22, 2026. New Risk • Feb 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 28
First half 2025 earnings released: CHF0.29 loss per share (vs CHF0.12 loss in 1H 2024) First half 2025 results: CHF0.29 loss per share (further deteriorated from CHF0.12 loss in 1H 2024). Revenue: CHF103.4m (down 7.9% from 1H 2024). Net loss: CHF2.06m (loss widened 100% from 1H 2024). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Board Change • May 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Director Allan Kellenberger is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 17
CALIDA Holding AG to Report First Half, 2025 Results on Jul 24, 2025 CALIDA Holding AG announced that they will report first half, 2025 results on Jul 24, 2025 Upcoming Dividend • Apr 07
Upcoming dividend of CHF0.23 per share Eligible shareholders must have bought the stock before 14 April 2025. Payment date: 16 April 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Lower than top quartile of British dividend payers (6.4%). Higher than average of industry peers (2.0%). Announcement • Mar 19
CALIDA Holding AG, Annual General Meeting, Apr 08, 2025 CALIDA Holding AG, Annual General Meeting, Apr 08, 2025, at 13:30 W. Europe Standard Time. Declared Dividend • Feb 24
Dividend reduced to CHF0.23 Dividend of CHF0.23 is 62% lower than last year. Ex-date: 14th April 2025 Payment date: 16th April 2025 Dividend yield will be 1.0%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (14% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: CHF0.063 (vs CHF5.32 loss in FY 2023) Full year 2024 results: EPS: CHF0.063 (up from CHF5.32 loss in FY 2023). Revenue: CHF233.5m (down 23% from FY 2023). Net income: CHF495.0k (up CHF45.3m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. New Risk • Feb 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Paying a dividend despite being loss-making. Reported Earnings • Jul 28
First half 2024 earnings released: CHF0.12 loss per share (vs CHF0.14 profit in 1H 2023) First half 2024 results: CHF0.12 loss per share (down from CHF0.14 profit in 1H 2023). Revenue: CHF112.2m (down 9.4% from 1H 2023). Net loss: CHF1.03m (down 185% from profit in 1H 2023). Revenue is expected to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Luxury industry in Europe are expected to grow by 7.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Board Change • May 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director Gregor Greber is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Apr 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.6% to CHF27.00. The fair value is estimated to be CHF33.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last 3 years. Meanwhile, the company became loss making. Announcement • Apr 04
CALIDA Holding AG to Report First Half, 2024 Results on Jul 25, 2024 CALIDA Holding AG announced that they will report first half, 2024 results on Jul 25, 2024 Upcoming Dividend • Apr 03
Upcoming dividend of CHF0.60 per share Eligible shareholders must have bought the stock before 10 April 2024. Payment date: 12 April 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (6.0%). Higher than average of industry peers (1.6%). Reported Earnings • Feb 28
Full year 2023 earnings released: CHF5.32 loss per share (vs CHF2.59 profit in FY 2022) Full year 2023 results: CHF5.32 loss per share (down from CHF2.59 profit in FY 2022). Revenue: CHF311.7m (down 3.8% from FY 2022). Net loss: CHF44.8m (down 306% from profit in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. New Risk • Feb 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Announcement • Aug 07
CALIDA Holding AG, Annual General Meeting, Apr 05, 2024 CALIDA Holding AG, Annual General Meeting, Apr 05, 2024. Announcement • Jul 28
CALIDA Holding AG to Report Fiscal Year 2023 Results on Feb 23, 2024 CALIDA Holding AG announced that they will report fiscal year 2023 results on Feb 23, 2024 Board Change • May 05
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Chairman of the Board Felix Sulzberger was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 18
Upcoming dividend of CHF1.15 per share at 1.5% yield Eligible shareholders must have bought the stock before 25 April 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.3%). Buying Opportunity • Dec 16
Now 22% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be CHF58.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.2% over the last 3 years. Earnings per share has grown by 4.0%. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to grow by 49% in the next 2 years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Laurence Bourdon-Tracol was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 03
First half 2022 earnings released: EPS: CHF1.57 (vs CHF1.54 in 1H 2021) First half 2022 results: EPS: CHF1.57 (up from CHF1.54 in 1H 2021). Revenue: CHF175.6m (up 12% from 1H 2021). Net income: CHF13.2m (up 3.3% from 1H 2021). Profit margin: 7.5% (down from 8.1% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.3%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 29
CALIDA Holding AG to Report Fiscal Year 2022 Results on Mar 03, 2023 CALIDA Holding AG announced that they will report fiscal year 2022 results on Mar 03, 2023 Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Director Laurence Bourdon-Tracol was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 13
Upcoming dividend of CHF1.00 per share Eligible shareholders must have bought the stock before 20 April 2022. Payment date: 22 April 2022. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (4.5%). Higher than average of industry peers (1.5%). Buying Opportunity • Apr 01
Now 20% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be CHF64.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 3.6%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings is also forecast to grow by 22% per annum over the same time period. Reported Earnings • Mar 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CHF1.82 (up from CHF1.22 in FY 2020). Revenue: CHF298.4m (up 20% from FY 2020). Net income: CHF15.2m (up 51% from FY 2020). Profit margin: 5.1% (up from 4.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.2%. Over the next year, revenue is expected to shrink by 1.9% compared to a 11% growth forecast for the industry in the United Kingdom. Buying Opportunity • Mar 05
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be CHF60.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.5% per annum over the last 3 years. Earnings per share has declined by 5.7% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 17% share price gain to CHF58.40, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 21x in the Luxury industry in Europe. Total returns to shareholders of 67% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CHF59.91 per share. Upcoming Dividend • Apr 14
Upcoming dividend of CHF1.60 per share Eligible shareholders must have bought the stock before 21 April 2021. Payment date: 23 April 2021. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (4.2%). Higher than average of industry peers (1.0%). Analyst Estimate Surprise Post Earnings • Mar 08
Revenue beats expectations Revenue exceeded analyst estimates by 4.1%. Over the next year, revenue is forecast to grow 1.7%, compared to a 13% growth forecast for the Luxury industry in the United Kingdom. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 31% share price gain to CHF37.50, the stock is trading at a trailing P/E ratio of 69.6x, up from the previous P/E ratio of 53.1x. This compares to an average P/E of 32x in the Luxury industry in Europe. Total returns to shareholders over the past three years are 7.9%. Valuation Update With 7 Day Price Move • Nov 26
Market bids up stock over the past week After last week's 36% share price gain to CHF37.50, the stock is trading at a trailing P/E ratio of 65.6x, up from the previous P/E ratio of 48.1x. This compares to an average P/E of 32x in the Luxury industry in Europe. Total returns to shareholders over the past three years are 10.0%. Valuation Update With 7 Day Price Move • Nov 20
Market bids up stock over the past week After last week's 36% share price gain to CHF37.50, the stock is trading at a trailing P/E ratio of 69.1x, up from the previous P/E ratio of 51x. This compares to an average P/E of 30x in the Luxury industry in Europe. Total returns to shareholders over the past three years are 10.0%.