LAND Stock Analysis: Landis+Gyr | SW
Electrical Equipment & Parts | SW, Switzerland | Market Cap: 1.375m CHF | 12M Return: -24.2% | CH0371153492 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.13M
Warnings
Tailwinds
Seasonality 9 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.
Landis+Gyr Group AG is a Swiss provider of integrated energy management solutions serving utilities across the Americas, Europe, the Middle East, Africa, and Asia Pacific. The company offers a broad portfolio of smart and traditional electricity, gas, heat, and water meters, alongside advanced metering infrastructure (AMI) software, meter data management, communication modules, and related services such as installation, consulting, and maintenance support. It also supplies grid edge intelligence products and smart infrastructure technology solutions covering distribution automation and street light control. Founded in 1896 and headquartered in Cham, Switzerland, Landis+Gyr is classified within the GICS Industrials sector, specifically the Electrical Components & Equipment sub-industry.
The smart metering industry is closely tied to global utility grid modernization efforts, with utilities deploying AMI to enable remote reading, demand management, and integration of distributed energy resources. Vendor business models in this space typically blend one-time hardware revenue (meters and communication modules) with recurring software, managed network, and services contracts, which can provide more predictable long-term cash flows alongside the equipment cycle.
- Americas smart meter rollouts drive segment revenue growth
- European grid modernization mandates expand order backlog
- Component inflation and FX headwinds pressure gross margins
| Net Income: -168.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.77 > 1.0 |
| NWC/Revenue: 32.98% < 20% (prev 19.66%; Δ 13.32% < -1%) |
| CFO/TA 0.04 > 3% & CFO 97.3m > Net Income -168.9m |
| Net Debt (284.6m) to EBITDA (148.5m): 1.92 < 3 |
| Current Ratio: 1.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (28.8m) vs 12m ago -0.42% < -2% |
| Gross Margin: 33.11% > 18% (prev 29.62%; Δ 3.49% > 0.5%) |
| Asset Turnover: 49.47% > 50% (prev 71.89%; Δ -22.42% > 0%) |
| Interest Coverage Ratio: 3.56 > 6 (EBIT TTM 93.7m / Interest Expense TTM 26.3m) |
| A: 0.17 (Total Current Assets 1.15b - Total Current Liabilities 770.1m) / Total Assets 2.31b |
| B: -0.01 (Retained Earnings -33.5m / Total Assets 2.31b) |
| C: 0.04 (EBIT TTM 93.7m / Avg Total Assets 2.36b) |
| D: 0.92 (Book Value of Equity 1.11b / Total Liabilities 1.20b) |
| Altman-Z'' = 2.28 = BBB |
| DSRI: 1.15 (Receivables 324.8m/417.2m, Revenue 1.17b/1.73b) |
| GMI: 0.89 (GM 29.62% / 33.11%) |
| AQI: 0.85 (AQ_t 0.45 / AQ_t-1 0.53) |
| SGI: 0.67 (Revenue 1.17b / 1.73b) |
| TATA: -0.12 (NI -168.9m - CFO 97.3m) / TA 2.31b) |
| Beneish M = -3.33 (Cap -4..+1) = AA |
As of August 16, 2026, the stock is trading at CHF 49.30 with a total of 86,209 shares traded. Over the past week, the price has changed by +1.96%, over one month by +17.94%, over three months by +5.87% and over the past year by -24.16%.
Current recommended Stop Loss: 47.80 (which is 3% or 1.2 ATR below the current price).
Landis+Gyr has no consensus analysts rating.
Market Cap USD = 1.69b (1.37b CHF * 1.228 CHF.USD)
P/E Trailing = 41.681
P/E Forward = 19.3424
P/S = 1.1787
P/B = 1.5396
Revenue TTM = 1.17b USD
EBIT TTM = 93.7m USD
EBITDA TTM = 148.5m USD
Long Term Debt = 249.4m USD (from longTermDebt, last quarter)
Short Term Debt = 184.0m USD (from shortTermDebt, last quarter)
Debt = 517.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 46.9m
Net Debt = 284.6m USD (calculated: Debt 517.5m - CCE 232.9m)
Enterprise Value = 1.97b USD (1.69b + Debt 517.5m - CCE 232.9m)
Interest Coverage Ratio = 3.56 (Ebit TTM 93.7m / Interest Expense TTM 26.3m)
EV/FCF = 33.37x (Enterprise Value 1.97b / FCF TTM 59.1m)
FCF Yield = 3.00% (FCF TTM 59.1m / Enterprise Value 1.97b)
FCF Margin = 5.07% (FCF TTM 59.1m / Revenue TTM 1.17b)
Net Margin = -14.48% (Net Income TTM -168.9m / Revenue TTM 1.17b)
Gross Margin = 33.11% ((Revenue TTM 1.17b - Cost of Revenue TTM 780.1m) / Revenue TTM)
Gross Margin QoQ = 58.26% (prev 4.70%)
Tobins Q-Ratio = 0.85 (Enterprise Value 1.97b / Total Assets 2.31b)
Interest Expense / Debt = 5.09% (Interest Expense 26.3m / Debt 517.5m)
Taxrate = 39.02% (26.5m / 67.9m)
NOPAT = 57.1m (EBIT 93.7m * (1 - 39.02%))
Current Ratio = 1.50 (Total Current Assets 1.15b / Total Current Liabilities 770.1m)
Debt / Equity = 0.47 (Debt 517.5m / totalStockholderEquity, last quarter 1.11b)
Debt / EBITDA = 1.92 (Net Debt 284.6m / EBITDA 148.5m)
Debt / FCF = 4.81 (Net Debt 284.6m / FCF TTM 59.1m)
Total Stockholder Equity = 1.26b (last 4 quarters mean from totalStockholderEquity)
RoA = -7.16% (Net Income -168.9m / Total Assets 2.31b)
RoE = -13.38% (Net Income TTM -168.9m / Total Stockholder Equity 1.26b)
RoCE = 6.20% (EBIT 93.7m / Capital Employed (Equity 1.26b + L.T.Debt 249.4m))
RoIC = 3.43% (NOPAT 57.1m / Invested Capital 1.66b)
WACC = 6.83% (E(1.69b)/V(2.21b) * Re(7.97%) + D(517.5m)/V(2.21b) * Rd(5.09%) * (1-Tc(0.39)))
Discount Rate = 7.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -27.67 | Cagr: -0.02%
[DCF] Terminal Value 77.97% ; FCFF base≈52.7m ; Y1≈60.4m ; Y5≈88.9m
[DCF] Fair Price = 37.07 (EV 1.34b - Net Debt 284.6m = Equity 1.05b / Shares 28.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -59.99 | Revenue CAGR: -12.48% | SUE: N/A | # QB: 0
EPS current Year (2026-03-31): EPS=3.14 | Chg30d=-2.91% | Revisions=-25% | GrowthEPS=+83.5% | GrowthRev=-31.6%
EPS next Year (2027-03-31): EPS=2.92 | Chg30d=-0.01% | Revisions=+0% | GrowthEPS=+69.5% | GrowthRev=-5.0%
[Analyst] Revisions Ratio: -25% (up=0, down=1)