SCMN Stock Analysis: Swisscom | SW
Telecom Services | SW, Switzerland | Market Cap: 32.894m CHF | 12M Return: 11% | CH0008742519 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.3M
EPS Trend: -92.8%
Qual. Beats: 0
Rev. Trend: 91.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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.
Swisscom AG is a Swiss integrated telecommunications operator providing mobile, fixed-network, broadband, and TV services to residential customers, and a broad set of ICT, IT infrastructure, cloud, security, and outsourcing solutions to corporate, public-sector, and SME clients. The company reports through three segments - Switzerland, Italy, and Other - and also offers wholesale services over copper, fiber-optic, and mobile networks, along with network construction and maintenance, broadcasting, and trust services such as electronic signatures and digital certificates. It is also expanding a generative AI offering for businesses and public authorities under its FastwebAI Suite, alongside IoT and digital workplace solutions.
As a large-cap Swiss incumbent listed in the Communication Services sector, Swisscom illustrates the integrated telecom business model, in which a single operator combines retail connectivity, enterprise IT services, and wholesale network access under one structure. Its mix of a regulated domestic franchise, a foreign operator in Italy, and growing digital/AI services is typical of European incumbents seeking to offset mature core connectivity markets by bundling cloud, security, and platform offerings.
- Vodafone Italia acquisition boosts revenue but elevates leverage
- Swiss core market faces regulator price pressure on fixed-line
- Fastweb Italy segment margin expansion from enterprise cloud and AI services
| Net Income: 1.31b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.41 > 1.0 |
| NWC/Revenue: -21.74% < 20% (prev -13.53%; Δ -8.20% < -1%) |
| CFO/TA 0.18 > 3% & CFO 6.11b > Net Income 1.31b |
| Net Debt (19.8b) to EBITDA (6.86b): 2.88 < 3 |
| Current Ratio: 0.56 > 1.5 & < 3 |
| Outstanding Shares: last quarter (51.8m) vs 12m ago -0.07% < -2% |
| Gross Margin: 54.97% > 18% (prev 69.22%; Δ -14.25% > 0.5%) |
| Asset Turnover: 41.94% > 50% (prev 36.28%; Δ 5.65% > 0%) |
| Interest Coverage Ratio: 6.14 > 6 (EBIT TTM 2.15b / Interest Expense TTM 351.0m) |
| A: -0.09 (Total Current Assets 4.02b - Total Current Liabilities 7.24b) / Total Assets 34.8b |
| B: 0.39 (Retained Earnings 13.5b / Total Assets 34.8b) |
| C: 0.06 (EBIT TTM 2.15b / Avg Total Assets 35.3b) |
| D: 0.49 (Book Value of Equity 11.5b / Total Liabilities 23.3b) |
| Altman-Z'' = 1.59 = BB |
| DSRI: 0.84 (Receivables 2.93b/3.06b, Revenue 14.8b/13.0b) |
| GMI: 1.26 (GM 69.22% / 54.97%) |
| AQI: 1.05 (AQ_t 0.39 / AQ_t-1 0.37) |
| SGI: 1.14 (Revenue 14.8b / 13.0b) |
| TATA: -0.14 (NI 1.31b - CFO 6.11b) / TA 34.8b) |
| Beneish M = -2.81 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at CHF 632.00 with a total of 48,685 shares traded. Over the past week, the price has changed by -0.16%, over one month by +1.53%, over three months by -5.81% and over the past year by +11.00%.
Current recommended Stop Loss: 618.30 (which is 2.2% or 1.5 ATR below the current price).
Swisscom has no consensus analysts rating.
P/E Trailing = 25.0
P/E Forward = 21.0084
P/S = 2.2191
P/B = 2.8559
P/EG = 2.8323
Revenue TTM = 14.8b CHF
EBIT TTM = 2.15b CHF
EBITDA TTM = 6.86b CHF
Long Term Debt = 11.1b CHF (from longTermDebt, last fiscal year)
Short Term Debt = 2.93b CHF (from shortTermDebt, last quarter)
Debt = 20.0b CHF (from shortLongTermDebtTotal, last quarter) + Leases 3.48b
Net Debt = 19.8b CHF (calculated: Debt 20.0b - CCE 215.0m)
Enterprise Value = 52.7b CHF (32.9b + Debt 20.0b - CCE 215.0m)
Interest Coverage Ratio = 6.14 (Ebit TTM 2.15b / Interest Expense TTM 351.0m)
EV/FCF = 16.33x (Enterprise Value 52.7b / FCF TTM 3.22b)
FCF Yield = 6.12% (FCF TTM 3.22b / Enterprise Value 52.7b)
FCF Margin = 21.75% (FCF TTM 3.22b / Revenue TTM 14.8b)
Net Margin = 8.86% (Net Income TTM 1.31b / Revenue TTM 14.8b)
Gross Margin = 54.97% ((Revenue TTM 14.8b - Cost of Revenue TTM 6.67b) / Revenue TTM)
Gross Margin QoQ = 27.97% (prev 28.01%)
Tobins Q-Ratio = 1.51 (Enterprise Value 52.7b / Total Assets 34.8b)
Interest Expense / Debt = 1.76% (Interest Expense 351.0m / Debt 20.0b)
Taxrate = 18.90% (306.0m / 1.62b)
NOPAT = 1.75b (EBIT 2.15b * (1 - 18.90%))
Current Ratio = 0.56 (Total Current Assets 4.02b / Total Current Liabilities 7.24b)
Debt / Equity = 1.73 (Debt 20.0b / totalStockholderEquity, last quarter 11.5b)
Debt / EBITDA = 2.88 (Net Debt 19.8b / EBITDA 6.86b)
Debt / FCF = 6.13 (Net Debt 19.8b / FCF TTM 3.22b)
Total Stockholder Equity = 11.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.72% (Net Income 1.31b / Total Assets 34.8b)
RoE = 11.21% (Net Income TTM 1.31b / Total Stockholder Equity 11.7b)
RoCE = 9.44% (EBIT 2.15b / Capital Employed (Equity 11.7b + L.T.Debt 11.1b))
RoIC = 5.77% (NOPAT 1.75b / Invested Capital 30.3b)
WACC = 3.57% (E(32.9b)/V(52.9b) * Re(4.87%) + D(20.0b)/V(52.9b) * Rd(1.76%) * (1-Tc(0.19)))
Discount Rate = 4.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 5.20 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈2.92b ; Y1≈3.35b ; Y5≈4.93b
[DCF] Fair Price = 1.05k (EV 74.1b - Net Debt 19.8b = Equity 54.4b / Shares 51.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -92.83 | EPS CAGR: -13.28% | SUE: 0.21 | # QB: 0
Revenue Correlation: 91.67 | Revenue CAGR: 14.71% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-09-30): EPS=6.80 | Chg30d=+4.25% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=27.91 | Chg30d=-1.75% | Revisions=-17% | GrowthEPS=+13.7% | GrowthRev=-2.2%
EPS next Year (2027-12-31): EPS=30.65 | Chg30d=+0.92% | Revisions=+0% | GrowthEPS=+9.8% | GrowthRev=-0.4%
[Analyst] Revisions Ratio: +0% (up=4, down=4)