(ALSN) Also Holding - Ratings and Ratios

ALSO Holding AG is a leading technology services provider catering to the ICT industry across multiple regions, including Switzerland, Germany, the Netherlands, Poland, and beyond. The companys comprehensive suite of services encompasses the distribution of hardware and software products, including printers, alongside a broad array of IT, IoT, and digital platform services. ALSO Holding AGs extensive offerings also include cloud and as-a-service solutions, logistics, finance services, and a range of value-added services such as cybersecurity, training, and recycling.

The companys diversified service portfolio is designed to meet the needs of a wide customer base, including vendors, resellers, retailers, e-tailers, value-add resellers, SMB resellers, corporate resellers, and end-users. With its headquarters in Emmen, Switzerland, ALSO Holding AG operates as a subsidiary of Special Distribution Holding GmbH, leveraging its strategic position to serve the European ICT market effectively.

From a technical analysis perspective, ALSO Holding AGs stock (ALSN) is currently trading at CHF 272.00, above its 20-day SMA of CHF 264.63 and 50-day SMA of CHF 251.69, indicating a positive short-term trend. The stocks 200-day SMA stands at CHF 245.82, further supporting the notion of an upward trend. The Average True Range (ATR) is 5.55, representing a volatility of 2.04%. Given the 52-week high and low of CHF 275.50 and CHF 214.71, respectively, the stock is near its 52-week high, suggesting strong market confidence.

Fundamentally, ALSO Holding AG boasts a market capitalization of CHF 3179.45 million and a Price-to-Earnings (P/E) ratio of 29.59, indicating a relatively high valuation. The Return on Equity (RoE) stands at 10.80%, reflecting the companys ability to generate profits from shareholders equity. Considering the absence of a forward P/E ratio, we can infer that the market is either highly confident in the companys current valuation or lacks clear future earnings projections.

Forecasting the future performance of ALSN stock involves integrating both technical and fundamental analyses. Given the current price is near its 52-week high and above key SMAs, a cautious optimism is warranted. The high P/E ratio suggests that the stock might be overvalued relative to its earnings, but the RoE indicates a decent return on equity. Assuming the ICT industry continues to grow and ALSO Holding AG maintains its market position, a potential target price could be estimated by analyzing historical trends and future growth prospects. A reasonable forecast could see the stock price potentially reaching CHF 290-300 in the short term, contingent upon sustained industry growth and the companys ability to maintain its competitive edge.