Company Valuation: Swisscom AG

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 26,657 26,243 26,212 26,134 29,812 33,101 - -
Change - -1.55% -0.12% -0.3% 14.07% 11.03% - -
Enterprise Value (EV) 1 34,363 33,617 33,283 41,731 45,445 47,698 48,231 47,706
Change - -2.17% -0.99% 25.38% 8.9% 4.96% 1.12% -1.09%
P/E 14.5x 16.4x 15.3x 16.9x 23.5x 23.6x 22x 20.1x
PBR 2.47x 2.35x 2.26x 2.15x 2.44x 2.69x 2.67x 2.63x
PEG - -1.3x 2.25x -1.71x -1.3x 2.2x 3.17x 2.12x
Capitalization / Revenue 2.38x 2.36x 2.37x 2.37x 1.98x 2.25x 2.26x 2.26x
EV / Revenue 3.07x 3.03x 3.01x 3.78x 3.02x 3.24x 3.29x 3.26x
EV / EBITDA 7.66x 7.63x 7.2x 9.58x 6.87x 7.13x 7.11x 6.89x
EV / EBIT 16.6x 16.5x 15.1x 21.4x 23.6x 22.9x 21.4x 19.8x
EV / FCF 19.5x 24.9x 22.5x 29x 31.7x 30.9x 30.3x 25.8x
FCF Yield 5.12% 4.01% 4.45% 3.44% 3.15% 3.24% 3.3% 3.88%
Dividend per Share 2 22 22 22 22 22 26.95 28.06 29.03
Rate of return 4.28% 4.34% 4.35% 4.36% 3.82% 4.22% 4.39% 4.54%
EPS 2 35.37 30.93 33.03 29.77 24.54 27.12 29.01 31.75
Distribution rate 62.2% 71.1% 66.6% 73.9% 89.6% 99.3% 96.7% 91.4%
Net sales 1 11,183 11,112 11,072 11,036 15,048 14,711 14,647 14,651
EBITDA 1 4,484 4,406 4,622 4,355 6,617 6,691 6,784 6,927
EBIT 1 2,066 2,040 2,205 1,951 1,925 2,087 2,250 2,406
Net income 1 1,832 1,602 1,711 1,541 1,271 1,449 1,540 1,713
Net Debt 1 7,706 7,374 7,071 15,597 15,633 14,597 15,129 14,604
Reference price 2 514.60 506.60 506.00 504.50 575.50 639.00 639.00 639.00
Nbr of stocks (in thousands) 51,802 51,802 51,802 51,802 51,802 51,802 - -
Announcement Date 2/3/22 2/8/23 2/7/24 2/13/25 2/12/26 - - -
1CHF in Million2CHF
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.56x3.24x7.13x4.22% 40.78B
11.59x1.36x4.26x6.83% 230B
10.67x2.54x6.72x5.82% 201B
13.83x2.22x5.71x3.93% 159B
12.17x0.91x3.57x6.45% 83.98B
12.97x1.82x7.78x3.27% 83.25B
11.46x1.81x4.57x2.75% 70.61B
15.17x2.65x8.29x5.06% 57.96B
23.89x5.38x19.73x4.38% 56.82B
12.24x1.81x5.45x4.79% 50.48B
Average 14.75x 2.37x 7.32x 4.75% 103.49B
Weighted average by Cap. 13.28x 2.14x 6.46x 5.16%

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

  1. Stock Market
  2. Stocks
  3. SCMN Stock
  4. Valuation Swisscom AG