Landis+Gyr Group AG

BATS-CHIXE:LANDZ Stock Report

Market Cap: CHF 1.9b

Landis+Gyr Group Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: LANDZ (CHF65.5) is trading below our estimate of fair value (CHF118.79)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LANDZ. This is calculated by dividing LANDZ's market cap by their current earnings.
What is LANDZ's PE Ratio?
PE Ratio18.3x
EarningsUS$116.28m
Market CapUS$2.13b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LANDZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.9x
OXIG Oxford Instruments
23.3x10.2%UK£1.2b
RSW Renishaw
23.8x12.6%UK£2.3b
SXS Spectris
9.1x-22.7%UK£2.5b
BIG Big Technologies
31.6x26.9%UK£395.9m
LANDZ Landis+Gyr Group
18.3x16.8%CHF 1.9b

Price-To-Earnings vs Peers: LANDZ is good value based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (21.9x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies15PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LANDZ is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the European Electronic industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is LANDZ'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.

LANDZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ratio27.1x

Price-To-Earnings vs Fair Ratio: LANDZ is good value based on its Price-To-Earnings Ratio (18.3x) compared to the estimated Fair Price-To-Earnings Ratio (27.1x).

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 LANDZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 65.50
CHF 84.73
+29.4%
10.4%CHF 93.16CHF 70.44n/a5
Nov ’25CHF 69.75
CHF 83.09
+19.1%
10.9%CHF 93.02CHF 68.82n/a5
Oct ’25CHF 77.70
CHF 79.78
+2.7%
8.8%CHF 87.86CHF 67.55n/a5
Sep ’25CHF 76.20
CHF 79.78
+4.7%
8.8%CHF 87.86CHF 67.55n/a5
Aug ’25CHF 79.35
CHF 82.12
+3.5%
10.7%CHF 92.74CHF 71.30n/a5
Jul ’25CHF 73.60
CHF 82.30
+11.8%
9.6%CHF 92.58CHF 71.72n/a6
Jun ’25CHF 76.90
CHF 82.30
+7.0%
9.6%CHF 92.58CHF 71.72n/a6
May ’25CHF 68.30
CHF 82.51
+20.8%
13.4%CHF 95.39CHF 66.79n/a6
Apr ’25CHF 69.20
CHF 81.88
+18.3%
13.2%CHF 94.55CHF 66.21n/a6
Mar ’25CHF 69.70
CHF 78.34
+12.4%
13.2%CHF 90.90CHF 63.65n/a6
Feb ’25CHF 70.35
CHF 78.39
+11.4%
12.6%CHF 89.02CHF 64.06n/a6
Jan ’25CHF 76.15
CHF 78.39
+2.9%
12.6%CHF 89.02CHF 64.06n/a6
Dec ’24CHF 72.65
CHF 76.90
+5.8%
15.4%CHF 91.41CHF 61.88n/a7
Nov ’24CHF 68.15
CHF 76.49
+12.2%
14.6%CHF 91.69CHF 62.06CHF 69.757
Oct ’24CHF 66.53
CHF 75.40
+13.3%
14.4%CHF 87.37CHF 61.78CHF 77.707
Sep ’24CHF 66.20
CHF 74.84
+13.1%
13.9%CHF 86.24CHF 60.98CHF 76.207
Aug ’24CHF 75.55
CHF 71.91
-4.8%
14.5%CHF 84.62CHF 57.67CHF 79.358
Jul ’24CHF 76.70
CHF 74.65
-2.7%
15.4%CHF 88.48CHF 59.13CHF 73.608
Jun ’24CHF 79.70
CHF 74.94
-6.0%
15.7%CHF 87.45CHF 58.45CHF 76.907
May ’24CHF 73.30
CHF 69.38
-5.4%
12.3%CHF 84.23CHF 59.32CHF 68.307
Apr ’24CHF 69.90
CHF 64.08
-8.3%
12.2%CHF 76.97CHF 52.71CHF 69.208
Mar ’24CHF 71.90
CHF 65.56
-8.8%
12.1%CHF 79.31CHF 54.31CHF 69.708
Feb ’24CHF 68.30
CHF 62.72
-8.2%
13.0%CHF 76.53CHF 51.38CHF 70.358
Jan ’24CHF 65.45
CHF 63.20
-3.4%
10.6%CHF 72.15CHF 52.80CHF 76.158
Dec ’23CHF 66.35
CHF 62.98
-5.1%
11.3%CHF 73.55CHF 53.82CHF 72.658
Nov ’23CHF 57.00
CHF 65.45
+14.8%
11.5%CHF 77.37CHF 54.01CHF 68.158

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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