New Risk • 3h
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Aug 01
Inficon Holding Ag Raises Earnings Guidance for Full Year 2026 INFICON Holding AG raised earnings guidance for full year 2026. For the period, the company expects sales of USD 750 million to 780 million compared to USD 710 million to 750 million a year ago and an operating income margin of 19% to 20% compared to 18% to 20% a year ago. Reported Earnings • Jul 31
First half 2026 earnings released: EPS: US$2.27 (vs US$1.77 in 1H 2025) First half 2026 results: EPS: US$2.27 (up from US$1.77 in 1H 2025). Revenue: US$379.1m (up 16% from 1H 2025). Net income: US$55.4m (up 28% from 1H 2025). Profit margin: 15% (up from 13% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jul 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to CHF167. The fair value is estimated to be CHF136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive Director Lukas Winkler was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
INFICON Holding AG Provides Earnings Guidance for the Year 2025 INFICON Holding AG provided earnings guidance for the year 2025. The company expects for the business year 2025 based on preliminary, not yet audited sales of around USD 673.7 million (prior year USD 671.0 million) and an operating income of around USD 112.3 million (prior year USD 136.0 million). Announcement • Oct 15
INFICON Holding AG to Report Q3, 2025 Results on Oct 23, 2025 INFICON Holding AG announced that they will report Q3, 2025 results at 7:00 AM, Central European Standard Time on Oct 23, 2025 Announcement • Jul 17
INFICON Holding AG to Report Q2, 2025 Results on Jul 30, 2025 INFICON Holding AG announced that they will report Q2, 2025 results at 7:00 AM, Central European Standard Time on Jul 30, 2025 Announcement • Apr 10
Inficon Holding AG Distributes for the Year 2024, Payable on April 14, 2025 INFICON Holding AG resolved to distribute CHF 21.00 per registered share for the year 2024 as ordinary dividend. Ex-date will be April 10, 2025, the record date April 11, 2025, and the payment date for the distribution to shareholders will be April 14, 2025. Announcement • Mar 14
INFICON Holding AG, Annual General Meeting, Apr 08, 2025 INFICON Holding AG, Annual General Meeting, Apr 08, 2025, at 09:30 W. Europe Standard Time. Announcement • Jun 19
INFICON Announces ELT Vmax for Individual Leak Testing Systems in Mass Production of EV Battery Cells INFICON introduces the ELT Vmax – a leak detector specifically designed for integration into leak testing systems for the industrial high-speed mass production of lithium-ion and sodium-ion battery cells. The ELT Vmax tests the leak tightness of all battery cells filled with liquid electrolyte – lithium-ion or sodium-ion – in all formats, including prismatic, round and button cells with a rigid housing or pouch cells with a soft, bag-like housing. The device uses INFICON’s patented method of direct electrolyte leakage testing – it detects electrolyte leaking from filled cells in a vacuum chamber. While INFICON’s ELT3000 PLUS can be used as a stand-alone device, INFICON created the new ELT Vmax specifically for use in mass production, as a testing device for integrators’ individually designed, automatic leak testing stations. Designed to provide the same levels of accuracy and sensitivity as the ELT3000 PLUS, the ELT Vmax can identify the smallest leaks down to a helium equivalent leak rate of 5·10-7 mbar·l/s, equivalent to a diameter in the range of 1- 5 micrometers for common battery designs. The vacuum pumps are provided by the integrator to achieve industrial quality assurance in the fast-paced battery cell production cycle. Also, the ELT Vmax is designed for installation in 19-inch racks, making it easy to integrate into a mass battery cell assembly operation. With its multi-chamber mode in test stations, the ELT Vmax can operate in near-constant measuring mode, eliminating the waiting time during evacuation and ventilation processes and optimizing the production line for maximum throughput. To optimizes production throughput, the ELT Vmax supports a batch testing approach. Fieldbus interfaces and flexible carrier gas flow: The ELT Vmax is extremely easy to install in any test system, with its 19-inch housing, as well as serial fieldbus interfaces. Additionally, the ELT Vmax is available with a separate control panel featuring a display. With its fast gross leak detection, the ELT Vmax ensures the test system is immediately ready for the next measurement. An adjustable carrier gas mode also ensures a high degree of flexibility with the ELT Vmax. The carrier gas flow can be defined for each test requirement. For example, a carrier gas flow of 10 sccm can reduce the leak test response time to just a fraction. In addition, the ELT Vmax is approved for use in dry rooms. E-Check 2.0: Automatic calibration for in-line operation process reliability: INFICON offers fully automated calibration for the ELT Vmax with its E-Check 2.0. This calibration leak, which is filled with 100% DMC electrolyte solvent, is integrated into the vacuum chamber and is always ready for operation. It enables automatic calibration tests at pre-set intervals, with calibration taking less than 30 sec. With E-Check 2.0, the ELT Vmax makes sure the production line is operating at the speed of business with the accuracy one can expect from INFICON. Upcoming Dividend • Apr 01
Upcoming dividend of CHF20.00 per share Eligible shareholders must have bought the stock before 08 April 2024. Payment date: 10 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.9%). In line with average of industry peers (1.5%). Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$43.24 (vs US$36.22 in FY 2022) Full year 2023 results: EPS: US$43.24 (up from US$36.22 in FY 2022). Revenue: US$673.7m (up 16% from FY 2022). Net income: US$105.7m (up 19% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Oct 05
INFICON Holding AG to Report Q3, 2023 Results on Oct 19, 2023 INFICON Holding AG announced that they will report Q3, 2023 results at 7:00 AM, Central European Standard Time on Oct 19, 2023 Reported Earnings • Jul 30
First half 2023 earnings released: EPS: US$19.19 (vs US$16.80 in 1H 2022) First half 2023 results: EPS: US$19.19 (up from US$16.80 in 1H 2022). Revenue: US$329.2m (up 18% from 1H 2022). Net income: US$46.9m (up 14% from 1H 2022). Profit margin: 14% (in line with 1H 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Electronic industry in the United Kingdom. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CHF1,136, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Electronic industry in the United Kingdom. Total returns to shareholders of 47% over the past year. Simply Wall St's valuation model estimates the intrinsic value at CHF471 per share. Announcement • Jun 27
INFICON Holding AG to Report Q2, 2023 Results on Jul 27, 2023 INFICON Holding AG announced that they will report Q2, 2023 results at 7:00 AM, Central European Standard Time on Jul 27, 2023 
