IFCN Stock Analysis: Inficon Holding | SW
Scientific & Technical Instruments | SW, Switzerland | Market Cap: 4.039m CHF | 12M Return: 81.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.16M
EPS Trend: -77.2%
Qual. Beats: 0
Rev. Trend: 91.7%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
INFICON Holding AG, founded in 2000 and headquartered in Bad Ragaz, Switzerland, is a developer of instruments for gas analysis, measurement, and control. Its product portfolio spans industrial gas analyzers, mass spectrometers, vacuum gauges and components, leak detectors, thin film controllers, micro gas chromatography, chemical detectors, and application-based software, along with related services. The company sells to both equipment manufacturers and end-users, serving the HVAC/refrigeration, automotive, semiconductor, thin film coating (optics, flat panel displays, solar, LED lighting), life sciences, research, aerospace, packaging, heat treatment, and laser cutting sectors. It also supplies specialized instruments for toxic chemical analysis in emergency response, security, and environmental monitoring, as well as energy and petrochemical applications.
Operating within the Electronic Equipment & Instruments sub-industry, INFICON benefits from mission-critical demand: vacuum, leak detection, and thin film measurement tools are essential process-control inputs rather than discretionary capital, which is characteristic of specialized industrial instrumentation suppliers. The dual exposure to semiconductor fabs and to HVAC/automotive manufacturing provides a balance between cyclical tech capex and more steady industrial production demand.
- Semiconductor capex cycle drives vacuum component demand
- Refrigerant phaseout boosts HVAC leak detector sales
- Swiss franc strength pressures export margins
| Net Income: 97.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA -0.01 > 1.0 |
| NWC/Revenue: 35.46% < 20% (prev 43.53%; Δ -8.08% < -1%) |
| CFO/TA 0.18 > 3% & CFO 118.9m > Net Income 97.1m |
| Net Debt (-76.0m) to EBITDA (147.4m): -0.52 < 3 |
| Current Ratio: 2.15 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.4m) vs 12m ago -0.00% < -2% |
| Gross Margin: 45.02% > 18% (prev 46.64%; Δ -1.62% > 0.5%) |
| Asset Turnover: 116.6% > 50% (prev 87.07%; Δ 29.55% > 0%) |
| Interest Coverage Ratio: 121.1 > 6 (EBIT TTM 125.7m / Interest Expense TTM 1.04m) |
| A: 0.39 (Total Current Assets 479.2m - Total Current Liabilities 223.2m) / Total Assets 649.3m |
| B: 0.64 (Retained Earnings 418.7m / Total Assets 649.3m) |
| C: 0.20 (EBIT TTM 125.7m / Avg Total Assets 619.0m) |
| D: 1.78 (Book Value of Equity 415.6m / Total Liabilities 233.7m) |
| Altman-Z'' = 7.92 = AAA |
| DSRI: 0.90 (Receivables 115.7m/91.2m, Revenue 721.9m/512.6m) |
| GMI: 1.04 (GM 46.64% / 45.02%) |
| AQI: 0.78 (AQ_t 0.04 / AQ_t-1 0.05) |
| SGI: 1.41 (Revenue 721.9m / 512.6m) |
| TATA: -0.03 (NI 97.1m - CFO 118.9m) / TA 649.3m) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of August 05, 2026, the stock is trading at CHF 176.00 with a total of 60,383 shares traded. Over the past week, the price has changed by +14.14%, over one month by +0.00%, over three months by +18.12% and over the past year by +81.11%.
Current recommended Stop Loss: 162.90 (which is 7.4% or 1.6 ATR below the current price).
Inficon Holding has no consensus analysts rating.
Market Cap USD = 4.99b (4.04b CHF * 1.2359 CHF.USD)
P/E Trailing = 57.561
P/E Forward = 28.7356
P/S = 5.5542
P/B = 10.3115
P/EG = 8.1529
Revenue TTM = 721.9m USD
EBIT TTM = 125.7m USD
EBITDA TTM = 147.4m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 105.4m USD (from shortTermDebt, last quarter)
Debt = 105.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -76.0m USD (calculated: Debt 105.4m - CCE 181.4m)
Enterprise Value = 4.92b USD (4.99b + Debt 105.4m - CCE 181.4m)
Interest Coverage Ratio = 121.1 (Ebit TTM 125.7m / Interest Expense TTM 1.04m)
EV/FCF = 50.63x (Enterprise Value 4.92b / FCF TTM 97.1m)
FCF Yield = 1.98% (FCF TTM 97.1m / Enterprise Value 4.92b)
FCF Margin = 13.45% (FCF TTM 97.1m / Revenue TTM 721.9m)
Net Margin = 13.46% (Net Income TTM 97.1m / Revenue TTM 721.9m)
Gross Margin = 45.02% ((Revenue TTM 721.9m - Cost of Revenue TTM 396.9m) / Revenue TTM)
Gross Margin QoQ = 46.27% (prev 43.71%)
Tobins Q-Ratio = 7.57 (Enterprise Value 4.92b / Total Assets 649.3m)
Interest Expense / Debt = 0.98% (Interest Expense 1.04m / Debt 105.4m)
Taxrate = 23.09% (29.2m / 126.3m)
NOPAT = 96.7m (EBIT 125.7m * (1 - 23.09%))
Current Ratio = 2.15 (Total Current Assets 479.2m / Total Current Liabilities 223.2m)
Debt / Equity = 0.25 (Debt 105.4m / totalStockholderEquity, last quarter 415.6m)
Debt / EBITDA = -0.52 (Net Debt -76.0m / EBITDA 147.4m)
Debt / FCF = -0.78 (Net Debt -76.0m / FCF TTM 97.1m)
Total Stockholder Equity = 402.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.69% (Net Income 97.1m / Total Assets 649.3m)
RoE = 24.16% (Net Income TTM 97.1m / Total Stockholder Equity 402.0m)
RoCE = 31.26% (EBIT 125.7m / Capital Employed (Equity 402.0m + L.T.Debt 0.0))
RoIC = 19.51% (NOPAT 96.7m / Invested Capital 495.4m)
WACC = 9.66% (E(4.99b)/V(5.10b) * Re(9.85%) + D(105.4m)/V(5.10b) * Rd(0.98%) * (1-Tc(0.23)))
Discount Rate = 9.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 56.99 | Cagr: 178.3%
[DCF] Terminal Value 72.38% ; FCFF base≈93.5m ; Y1≈101.8m ; Y5≈126.7m
[DCF] Fair Price = 67.75 (EV 1.58b - Net Debt -76.0m = Equity 1.66b / Shares 24.4m; r=9.66% [WACC]; 5y FCF grow 10.19% → 2.50% )
EPS Correlation: -77.24 | EPS CAGR: -57.96% | SUE: 0.20 | # QB: 0
Revenue Correlation: 91.66 | Revenue CAGR: 13.31% | SUE: 2.50 | # QB: 1
EPS current Quarter (2026-09-30): EPS=1.02 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=4.90 | Chg30d=+1.29% | Revisions=+50% | GrowthEPS=+39.6% | GrowthRev=+13.9%
EPS next Year (2027-12-31): EPS=6.35 | Chg30d=+2.93% | Revisions=+62% | GrowthEPS=+29.7% | GrowthRev=+16.5%
[Analyst] Revisions Ratio: +73% (up=8, down=0)