Comet Holding AG

BATS-CHIXE:COTNZ Stock Report

Market Cap: CHF 2.1b

Comet Holding Valuation

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

Discounted Cash Flow
Simply Wall St
CHF 404.52
Fair Value
33.3% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: COTNZ (CHF270) is trading below our estimate of fair value (CHF404.52)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for COTNZ. This is calculated by dividing COTNZ's market cap by their current earnings.
What is COTNZ's PE Ratio?
PE Ratio119.6x
EarningsCHF 17.51m
Market CapCHF 2.09b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for COTNZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.6x
RSW Renishaw
22.6x13.9%UK£2.2b
SXS Spectris
10.6x-23.9%UK£2.9b
OXIG Oxford Instruments
22.3x10.7%UK£1.2b
BIG Big Technologies
26.8x26.7%UK£335.8m
COTNZ Comet Holding
119.6x48.6%CHF 2.1b

Price-To-Earnings vs Peers: COTNZ is expensive based on its Price-To-Earnings Ratio (119.6x) compared to the peer average (20.6x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies13PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: COTNZ is expensive based on its Price-To-Earnings Ratio (119.6x) compared to the European Electronic industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is COTNZ'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.

COTNZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio119.6x
Fair PE Ratio61.3x

Price-To-Earnings vs Fair Ratio: COTNZ is expensive based on its Price-To-Earnings Ratio (119.6x) compared to the estimated Fair Price-To-Earnings Ratio (61.3x).

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 COTNZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 270.00
CHF 356.86
+32.2%
7.8%CHF 400.00CHF 320.00n/a7
Feb ’26CHF 275.00
CHF 357.57
+30.0%
7.6%CHF 400.00CHF 320.00n/a7
Jan ’26CHF 247.50
CHF 366.14
+47.9%
11.6%CHF 430.00CHF 300.00n/a7
Dec ’25CHF 278.00
CHF 370.00
+33.1%
10.9%CHF 430.00CHF 300.00n/a7
Nov ’25CHF 293.00
CHF 370.71
+26.5%
10.8%CHF 430.00CHF 300.00n/a7
Oct ’25CHF 321.00
CHF 380.50
+18.5%
13.5%CHF 448.00CHF 300.00n/a6
Sep ’25CHF 348.00
CHF 391.33
+12.5%
14.5%CHF 450.00CHF 300.00n/a6
Aug ’25CHF 352.00
CHF 388.00
+10.2%
14.0%CHF 450.00CHF 300.00n/a6
Jul ’25CHF 356.50
CHF 381.50
+7.0%
12.8%CHF 450.00CHF 300.00n/a6
Jun ’25CHF 332.00
CHF 367.80
+10.8%
11.3%CHF 409.00CHF 300.00n/a5
May ’25CHF 294.50
CHF 328.20
+11.4%
17.8%CHF 409.00CHF 235.00n/a5
Apr ’25CHF 313.40
CHF 329.40
+5.1%
17.9%CHF 409.00CHF 235.00n/a5
Mar ’25CHF 313.20
CHF 312.20
-0.3%
16.6%CHF 378.00CHF 235.00n/a5
Feb ’25CHF 293.40
CHF 272.40
-7.2%
15.5%CHF 320.00CHF 215.00CHF 275.005
Jan ’25CHF 265.40
CHF 268.40
+1.1%
14.3%CHF 317.00CHF 215.00CHF 247.505
Dec ’24CHF 237.00
CHF 235.80
-0.5%
14.0%CHF 275.00CHF 186.00CHF 278.005
Nov ’24CHF 177.20
CHF 205.20
+15.8%
15.6%CHF 250.00CHF 165.00CHF 293.005
Oct ’24CHF 204.40
CHF 246.60
+20.6%
15.2%CHF 295.00CHF 202.00CHF 321.005
Sep ’24CHF 228.00
CHF 251.33
+10.2%
14.3%CHF 295.00CHF 202.00CHF 348.006
Aug ’24CHF 230.80
CHF 251.33
+8.9%
14.3%CHF 295.00CHF 202.00CHF 352.006
Jul ’24CHF 229.20
CHF 262.33
+14.5%
12.1%CHF 305.00CHF 208.00CHF 356.506
Jun ’24CHF 240.60
CHF 281.33
+16.9%
15.0%CHF 349.00CHF 208.00CHF 332.006
May ’24CHF 215.20
CHF 259.83
+20.7%
13.9%CHF 305.00CHF 193.00CHF 294.506
Apr ’24CHF 253.00
CHF 266.33
+5.3%
17.7%CHF 330.00CHF 199.00CHF 313.406
Mar ’24CHF 209.00
CHF 262.60
+25.6%
12.1%CHF 300.00CHF 210.00CHF 313.205
Feb ’24CHF 212.50
CHF 257.80
+21.3%
13.9%CHF 300.00CHF 199.00CHF 293.405
Analyst Price Target
Consensus Narrative from 7 Analysts
CHF 357.52
Fair Value
24.5% undervalued intrinsic discount
7
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 22:43
End of Day Share Price 2025/02/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 world class team 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

Comet Holding AG is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Reto AmstaldenBaader Helvea Equity Research
Michael StuderBank am Bellevue
Michael FoethBank Vontobel AG