Phoenix Mecano AG

Chart & Performance

D1W1MN

P/E

9.54

P/S

0.56

EPS

47.29

Div Yield, %

4.04%

Shrs. gr., 5y

—

Rev. gr., 5y

3.75%

Revenues

775m

-1.14%

Net income

45m

+14.10%

CFO

90m

+61.04%

Dividend

May 28, 202430 CHF/sh

Earnings

Feb 18, 2025

Profile

Phoenix Mecano AG, together with its subsidiaries, manufactures and sells components for industrial customers worldwide. It operates through three divisions: Enclosure Systems, DewertOkin Technology Group, and Industrial Components. The Enclosure Systems division develops and manufactures enclosures made of aluminum, stainless steel, plastic, and glass-fiber reinforced polyester; and system solutions for use in mechanical and plant engineering, electrical engineering, measurement and control technology, and medical technology. This division also offers machine control boards and suspension systems for protecting electronics in various industrial applications, membrane keypads and touch systems, human-machine interface solutions, industrial PCs and monitors, and short-stroke keys. The DewertOkin Technology Group division provides linear drives and drive systems, including fittings technology for industry and electrically furniture for the home and hospital care sectors, as well as software for medical applications. This division also offers mechanical components for a range of applications, as well as customized and coordinated system solutions. The Industrial Components division provides linear units and lifting columns, aluminium profile and pipe connection systems, and ergonomic workstation systems; terminal blocks, connector systems, test probes, series terminals, and switches for industrial electronics; industrial PC systems, power supplies, and backplanes; measuring systems, transformers, and instrument transformers; and circuit board equipment. This division also develops customized electronic applications; and offers conveyor components, electric cylinders, and inductive components. The company was formerly known as Phoenix Maschinentechnik AG and changed its name to Phoenix Mecano AG in 1986. Phoenix Mecano AG was founded in 1975 and is headquartered in Stein am Rhein, Switzerland.

URL

https://www.phoenix-mecano.com/

IPO date

Aug 02, 1996

Employees

8,143

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	775,491 -1.14%	784,442 -3.11%	809,590 18.69%
Cost of revenue	422,967	429,038	480,112
Unusual Expense (Income)
NOPBT	352,524	355,404	329,478
NOPBT Margin	45.46%	45.31%	40.70%
Operating Taxes	15,509	16,232	12,104
Tax Rate	4.40%	4.57%	3.67%
NOPAT	337,015	339,172	317,374
Net income	45,167 14.10%	39,584 26.06%	31,401 247.20%
Dividends	(16,299)	(14,064)	(7,051)
Dividend yield
Proceeds from repurchase of equity	(2,183)	44	131
BB yield
Debt
Debt current	59,342	70,288	91,089
Long-term debt	64,328	92,177	83,538
Deferred revenue	5,722	10,549	9,857
Other long-term liabilities	7,440	7,526	11,298
Net debt	(9,634)	75,880	71,455
Cash flow
Cash from operating activities	90,049	55,916	54,841
CAPEX	(40,397)	(47,198)	(31,551)
Cash from investing activities	16,661	(42,986)	(28,200)
Cash from financing activities	(54,176)	(28,866)	(9,628)
FCF	376,392	311,844	303,194
Balance
Cash	131,873	82,823	99,826
Long term investments	1,431	3,762	3,346
Excess cash	94,529	47,363	62,692
Stockholders' equity	295,625	261,320	244,020
Invested Capital	327,017	374,912	368,060
ROIC	96.03%	91.30%	89.81%
ROCE	83.46%	83.92%	76.28%
EV
Common stock shares outstanding	959	960	960
Price
Market cap
EV
EBITDA	375,764	379,334	351,776
EV/EBITDA
Interest	4,272	3,265	3,143
Interest/NOPBT	1.21%	0.92%	0.95%