Company Valuation: Cicor Technologies Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 162.1 146.3 220.5 326.8 559.5 630.1 - -
Change - -9.75% 50.73% 48.22% 71.22% 12.62% - -
Enterprise Value (EV) 1 223.1 190.8 263.9 370.9 629.6 686.1 648.2 604.4
Change - -14.49% 38.35% 40.52% 69.75% 8.98% -5.53% -6.76%
P/E 20.5x 41.7x 36.3x 9.92x 34x 21.7x 14.9x 12.9x
PBR 1.82x 1.28x 1.49x 1.92x 3.7x 3.42x 2.75x 2.22x
PEG - -0.7x 1.1x 0x -0.9x 0.3x 0.3x 0.8x
Capitalization / Revenue 0.68x 0.47x 0.57x 0.68x 0.91x 0.88x 0.8x 0.73x
EV / Revenue 0.93x 0.61x 0.68x 0.77x 1.02x 0.96x 0.83x 0.7x
EV / EBITDA 9.65x 5.91x 5.85x 6.36x 11.2x 9.57x 7.3x 6.07x
EV / EBIT 18.3x 15.6x 11.3x 9.62x 20.5x 14.8x 10.4x 8.54x
EV / FCF -5.09x -4.64x 10.1x 6.1x 12.9x 33.8x 17.7x 13.3x
FCF Yield -19.6% -21.6% 9.95% 16.4% 7.75% 2.96% 5.65% 7.52%
Dividend per Share 2 1 - - - - - - -
Rate of return 1.89% - - - - - - -
EPS 2 2.57 1.03 1.374 6.05 3.73 6.589 9.641 11.13
Distribution rate 38.9% - - - - - - -
Net sales 1 239 313.2 389.9 480.8 616.5 713.5 785.2 858.3
EBITDA 1 23.12 32.27 45.14 58.35 56.26 71.7 88.77 99.62
EBIT 1 12.2 12.23 23.37 38.57 30.79 46.29 62.1 70.79
Net income 1 7.482 3.82 6.083 27.25 16.91 29.53 42.63 49.29
Net Debt 1 61.06 44.52 43.48 44.14 70.11 56.04 18.09 -25.73
Reference price 2 52.80 42.90 49.80 60.00 127.00 143.20 143.20 143.20
Nbr of stocks (in thousands) 3,069 3,409 4,427 5,446 4,406 4,400 - -
Announcement Date 3/10/22 3/2/23 3/6/24 3/6/25 3/5/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.46x0.91x9.08x-.--% 713M
22.91x13.02x19.72x0.33% 5,515B
23.05x11.33x15.35x1.09% 2,018B
38.06x16.05x23.58x0.74% 1,676B
14.5x8.9x10.7x0.05% 1,203B
107.02x19.38x73.67x-.--% 999B
5.04x3.25x3.93x0.2% 956B
-52.09x10.37x28.88x-.--% 632B
229.76x50.43x102.72x-.--% 309B
Average 45.41x 14.85x 31.96x 0.27% 1,479B
Weighted average by Cap. 30.36x 13.29x 24.01x 0.41%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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