(IFCN) Inficon Holding - SW
Sector: Technology | Industry: Scientific & Technical Instruments | Exchange: SW (Switzerland) | Market Cap: 4.176m CHF | Total Return: 72.8% in 12m
Avg Turnover: 11.0M
EPS Trend: -37.5%
Qual. Beats: 0
Rev. Trend: 91.4%
Qual. Beats: 0
Warnings
Share dilution 900.1% YoY
Tailwinds
Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind
INFICON Holding AG specializes in the development and manufacturing of instruments for gas analysis, measurement, and control. Headquartered in Switzerland, the company provides critical components such as mass spectrometers, vacuum gauges, and leak detectors used across diverse industries including semiconductor fabrication, automotive manufacturing, and aerospace. Its technology is essential for maintaining precision in vacuum-based production processes, particularly in the creation of flat panel displays and solar cells.
The company operates within the specialized vacuum instrumentation market, a sector characterized by high barriers to entry due to the technical complexity of sensing and control hardware. INFICON’s business model relies on a mix of high-margin hardware sales and recurring revenue from consumables, such as quartz crystals, and maintenance services for its global installed base. This dual approach helps mitigate the cyclicality inherent in the semiconductor capital equipment cycle.
For more granular data on competitive positioning and valuation, ValueRay offers additional insights. INFICON continues to expand its footprint in environmental monitoring and emergency response through its portfolio of toxic chemical analysis tools.
- Semiconductor equipment demand drives high-margin vacuum technology sales
- Leak detection adoption increases in electric vehicle battery manufacturing
- Service and software expansion improves recurring revenue and operating margins
- Global research and environmental monitoring spending stabilizes industrial segment growth
| Net Income: 64.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA -4.16 > 1.0 |
| NWC/Revenue: 51.98% < 20% (prev 35.08%; Δ 16.90% < -1%) |
| CFO/TA 0.16 > 3% & CFO 93.9m > Net Income 64.6m |
| Net Debt (-81.3m) to EBITDA (100.1m): -0.81 < 3 |
| Current Ratio: 2.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.4m) vs 12m ago 900.1% < -2% |
| Gross Margin: 44.49% > 18% (prev 47.14%; Δ -2.65% > 0.5%) |
| Asset Turnover: 93.19% > 50% (prev 127.1%; Δ -33.88% > 0%) |
| Interest Coverage Ratio: 30.13 > 6 (EBIT TTM 84.2m / Interest Expense TTM 2.79m) |
| A: 0.46 (Total Current Assets 405.0m - Total Current Liabilities 137.9m) / Total Assets 574.9m |
| B: 0.74 (Retained Earnings 424.0m / Total Assets 574.9m) |
| C: 0.15 (EBIT TTM 84.2m / Avg Total Assets 551.5m) |
| D: 2.86 (Book Value of Equity 426.1m / Total Liabilities 148.8m) |
| Altman-Z'' = 9.48 = AAA |
| DSRI: 1.31 (Receivables 93.1m/93.0m, Revenue 513.9m/671.0m) |
| GMI: 1.06 (GM 47.14% / 44.49%) |
| AQI: 0.81 (AQ_t 0.04 / AQ_t-1 0.05) |
| SGI: 0.77 (Revenue 513.9m / 671.0m) |
| TATA: -0.05 (NI 64.6m - CFO 93.9m) / TA 574.9m) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at CHF 173.80 with a total of 61,888 shares traded.
Over the past week, the price has changed by +2.76%,
over one month by +12.34%,
over three months by +56.09% and
over the past year by +72.84%.
Inficon Holding has no consensus analysts rating.
Market Cap USD = 5.22b (4.18b CHF * 1.2511 CHF.USD)
P/E Trailing = 61.0
P/E Forward = 28.7356
P/S = 6.1979
P/B = 12.2396
P/EG = 8.1529
Revenue TTM = 513.9m USD
EBIT TTM = 84.2m USD
EBITDA TTM = 100.1m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 50.6m USD (from shortTermDebt, last quarter)
Debt = 50.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -81.3m USD (calculated: Debt 50.6m - CCE 131.9m)
Enterprise Value = 5.14b USD (5.22b + Debt 50.6m - CCE 131.9m)
Interest Coverage Ratio = 30.13 (Ebit TTM 84.2m / Interest Expense TTM 2.79m)
EV/FCF = 71.39x (Enterprise Value 5.14b / FCF TTM 72.0m)
FCF Yield = 1.40% (FCF TTM 72.0m / Enterprise Value 5.14b)
FCF Margin = 14.02% (FCF TTM 72.0m / Revenue TTM 513.9m)
Net Margin = 12.56% (Net Income TTM 64.6m / Revenue TTM 513.9m)
Gross Margin = 44.49% ((Revenue TTM 513.9m - Cost of Revenue TTM 285.3m) / Revenue TTM)
Gross Margin QoQ = 43.71% (prev 46.16%)
Tobins Q-Ratio = 8.94 (Enterprise Value 5.14b / Total Assets 574.9m)
Interest Expense / Debt = 5.52% (Interest Expense 2.79m / Debt 50.6m)
Taxrate = 20.64% (16.8m / 81.4m)
NOPAT = 66.8m (EBIT 84.2m * (1 - 20.64%))
Current Ratio = 2.94 (Total Current Assets 405.0m / Total Current Liabilities 137.9m)
Debt / Equity = 0.12 (Debt 50.6m / totalStockholderEquity, last quarter 426.1m)
Debt / EBITDA = -0.81 (Net Debt -81.3m / EBITDA 100.1m)
Debt / FCF = -1.13 (Net Debt -81.3m / FCF TTM 72.0m)
Total Stockholder Equity = 379.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.71% (Net Income 64.6m / Total Assets 574.9m)
RoE = 17.00% (Net Income TTM 64.6m / Total Stockholder Equity 379.8m)
RoCE = 22.16% (EBIT 84.2m / Capital Employed (Equity 379.8m + L.T.Debt 0.0))
RoIC = 14.46% (NOPAT 66.8m / Invested Capital 462.0m)
WACC = 9.07% (E(5.22b)/V(5.27b) * Re(9.12%) + D(50.6m)/V(5.27b) * Rd(5.52%) * (1-Tc(0.21)))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 60.0 | Cagr: 178.3%
[DCF] Terminal Value 70.43% ; FCFF base≈78.5m ; Y1≈68.8m ; Y5≈55.6m
[DCF] Fair Price = 35.93 (EV 797.2m - Net Debt -81.3m = Equity 878.5m / Shares 24.4m; r=9.07% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -37.50 | EPS CAGR: -34.29% | SUE: -0.63 | # QB: 0
Revenue Correlation: 91.41 | Revenue CAGR: 12.62% | SUE: 0.54 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.02 | Chg30d=+0.00% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=4.77 | Chg30d=+0.19% | Revisions=+71% | GrowthEPS=+35.8% | GrowthRev=+12.3%
EPS next Year (2027-12-31): EPS=5.92 | Chg30d=+1.97% | Revisions=+71% | GrowthEPS=+24.1% | GrowthRev=+13.0%
[Analyst] Revisions Ratio: +71%