IFCN Stock Analysis: Inficon Holding | SW
Scientific & Technical Instruments | SW, Switzerland | Market Cap: 3.956m CHF | 12M Return: 45.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.78M
EPS Trend: -37.5%
Qual. Beats: 0
Rev. Trend: 91.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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: 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 July 29, 2026, the stock is trading at CHF 156.40 with a total of 35,562 shares traded. Over the past week, the price has changed by -1.14%, over one month by -10.42%, over three months by +11.24% and over the past year by +45.20%.
Current recommended Stop Loss: 141.20 (which is 9.7% or 2.1 ATR below the current price).
Inficon Holding has no consensus analysts rating.
Market Cap USD = 4.86b (3.96b CHF * 1.2277 CHF.USD)
P/E Trailing = 56.5734
P/E Forward = 28.7356
P/S = 5.8713
P/B = 11.4302
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 = 4.77b USD (4.86b + Debt 50.6m - CCE 131.9m)
Interest Coverage Ratio = 30.13 (Ebit TTM 84.2m / Interest Expense TTM 2.79m)
EV/FCF = 66.28x (Enterprise Value 4.77b / FCF TTM 72.0m)
FCF Yield = 1.51% (FCF TTM 72.0m / Enterprise Value 4.77b)
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 = 8.31 (Enterprise Value 4.77b / 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 = 9.14% (E(4.86b)/V(4.91b) * Re(9.19%) + D(50.6m)/V(4.91b) * Rd(5.52%) * (1-Tc(0.21)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 63.96 | Cagr: 178.3%
[DCF] Terminal Value 70.19% ; FCFF base≈78.5m ; Y1≈68.8m ; Y5≈55.6m
[DCF] Fair Price = 35.62 (EV 789.5m - Net Debt -81.3m = Equity 870.8m / Shares 24.4m; r=9.14% [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=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=4.86 | Chg30d=+0.52% | Revisions=+50% | GrowthEPS=+38.5% | GrowthRev=+13.5%
EPS next Year (2027-12-31): EPS=6.27 | Chg30d=+1.84% | Revisions=+62% | GrowthEPS=+29.0% | GrowthRev=+15.7%
[Analyst] Revisions Ratio: +73% (up=8, down=0)