Accelleron Industries AG (ACLN) AI Stock Analysis

• Market Cap: CHF6.90B
• Dividend Yield: 1.98%
• Average Volume (3M): 189.77K
• Price to Earnings (P/E): 29.9
• Beta (1Y): 0.49
• Revenue Growth: 13.05%
• EPS Growth: 33.33%
• Country: CH
• Employees: 2,749
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.49
• Shares Outstanding: 94,500,000
• 10 Day Avg. Volume: 130,721
• 30 Day Avg. Volume: 189,766
• PEG Ratio: 0.68
• Price to Book (P/B): 15.29
• Price to Sales (P/S): 5.51
• P/FCF Ratio: 32.54
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF70.70
• Price Target Upside: -4.01% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): 2.82
• Revenue Forecast (FY): CHF1.38B

• Rating: 75 Outperform
• Price Target: CHF83.00 ▲(12.70% Upside)
• Action: Reiterated Date: 03/13/26
• Date: Action: Reiterated 03/13/26

The score is driven primarily by strong financial performance (accelerating revenue growth and high margins) and a supportive earnings outlook with raised guidance. Offsetting factors are balance-sheet leverage and a premium valuation, while technicals remain constructive but with mixed momentum signals.

Positive Factors

Revenue Growth Momentum

Sustained double-digit top-line growth into 2025 indicates durable demand across product and service lines. Over a 2–6 month horizon this supports capacity utilization, scale advantages, and predictable revenue run-rates that underwrite reinvestment and aftermarket expansion.

High and Improving Margins

Elevated gross and EBIT margins reflect pricing power and efficient operations in turbocharger and service businesses. These margins create durable cash generation capacity and buffer against cyclical demand, supporting reinvestment and shareholder returns over months.

Recurring Aftermarket & Retrofit Demand

Rapid aftermarket and retrofit growth shows a strengthening installed-base monetization model. Recurring service, spare parts and upgrade flows create predictable, higher-margin revenue that supports long-term cash conversion and reduces reliance on new-equipment cycles.

Negative Factors

Elevated Financial Leverage

Leverage above 1.0 materially raises financial risk and reduces balance-sheet flexibility. Over the next several months elevated debt limits room for growth capex or buybacks and increases vulnerability to rate moves or demand shocks that could strain covenants or cash coverage.

Uneven Cash-Flow Momentum

Although absolute FCF is strong, recent dips and operating coverage often below 1.0 show cash can lag earnings. This variability reduces predictability for funding investments or debt service and makes near-term capital allocation less secure over a 2–6 month horizon.

Tariff and Cost Headwinds

A structural 39% U.S. tariff creates persistent margin pressure for U.S.-facing sales and forces either price increases or margin sacrifice. Coupled with higher supply-chain and investment costs, this reduces margin resilience and compresses near-term profitability for several months.

Accelleron Industries AG Business Overview & Revenue Model

Company Description

Accelleron Industries AG designs, manufactures, sells, and services customized turbochargers and digital solutions worldwide. Its products are used in marine, energy, and rail/off-highway industries worldwide. The company is headquartered in Baden, Switzerland.

How the Company Makes Money

Accelleron makes money mainly through two revenue streams: (1) sales of new turbochargers and related equipment (original equipment) to engine makers and end users in marine and power-generation markets, and (2) aftermarket/service revenue tied to its installed base of turbochargers. The aftermarket side typically includes recurring sales of spare parts and consumables, service and repair work performed through service centers and field service teams, and retrofit/upgrade packages that improve performance, efficiency, or compliance over a turbocharger’s operating life. In addition, the company generates revenue from technology and digital offerings associated with monitoring, optimization, and lifecycle support of turbocharging systems. Significant earnings drivers include the size and utilization of the installed base (which underpins recurring service demand), marine and power-sector operating cycles, and long-term customer relationships with engine builders, ship owners/operators, and power-plant operators. Specific partnership terms or customer-by-customer concentration details are null.

Accelleron Industries AG Financial Statement Overview

Summary

Strong and improving profitability with accelerating revenue growth into 2025, supported by solid (though uneven) free cash flow generation. The main constraint is higher leverage (debt-to-equity above 1.0), which raises financial risk despite high returns on equity.

Income Statement

Revenue has scaled strongly over the period, accelerating in 2025 (+17.24% YoY) after solid growth in 2023–2024, indicating improving demand and execution. Profitability is a clear strength: 2025 gross margin is ~43.8% with robust operating profitability (EBIT margin ~23.7%) and a healthy net margin (~18.4%), improving meaningfully versus 2023 net margin (~11.1%). A key watch item is some variability in margins across years (e.g., higher profitability in 2021 vs. 2022–2023), suggesting earnings can be cyclical or mix-driven even though the trajectory is positive.

Balance Sheet

The company is generating very high returns on equity (roughly 35%–51% across the period), which signals strong profitability and efficient use of capital. However, leverage has risen materially versus earlier years: debt-to-equity increased from low levels in 2020–2021 to above 1.0 in 2022–2025 (2025 ~1.24), which increases financial risk and reduces balance-sheet flexibility. Asset growth has been strong alongside revenue growth, but the higher debt load is the main constraint on an otherwise solid balance-sheet profile.

Cash Flow

Cash generation is solid with consistently positive operating cash flow and free cash flow, and 2025 free cash flow of ~224m remains strong in absolute terms. Conversion is decent but not perfect: free cash flow is ~78% of net income in 2025 (and generally ~74%–83% historically), suggesting earnings are largely supported by cash. The main weakness is uneven cash-flow momentum and coverage—free cash flow growth dipped in 2025 (-3.18%) after increases in prior years, and operating cash flow coverage ratios have often been below 1.0, indicating cash flow can lag profitability in some periods.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.32B	1.02B	914.86M	780.54M	756.47M
Gross Profit	579.36M	471.18M	385.93M	352.82M	355.65M
EBITDA	355.30M	274.17M	171.43M	179.78M	209.09M
Net Income	244.01M	170.10M	101.21M	122.80M	138.51M
Balance Sheet
Total Assets	1.54B	1.23B	1.21B	981.55M	686.09M
Cash, Cash Equivalents and Short-Term Investments	355.75M	272.52M	234.06M	189.36M	73.18M
Total Debt	589.37M	521.34M	518.62M	350.90M	123.18M
Total Liabilities	1.04B	884.57M	903.90M	685.04M	379.04M
Stockholders Equity	476.90M	331.85M	287.28M	283.78M	288.85M
Cash Flow
Free Cash Flow	224.05M	177.60M	108.99M	98.96M	134.43M
Operating Cash Flow	285.65M	216.13M	145.19M	133.39M	163.28M
Investing Cash Flow	-66.02M	-97.18M	-128.96M	-34.09M	-27.76M
Financing Cash Flow	-160.69M	-66.54M	19.61M	28.87M	-66.23M

Accelleron Industries AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 73.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:ACLN, the sentiment is Positive. The current price of 73.65 is above the 20-day moving average (MA) of 72.54, above the 50-day MA of 71.48, and above the 200-day MA of 66.15, indicating a bullish trend. The MACD of 1.31 indicates Negative momentum. The RSI at 51.95 is Neutral, neither overbought nor oversold. The STOCH value of 73.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:ACLN.

Accelleron Industries AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACLN	75 Outperform	CHF6.90B	29.88	57.76%	1.98%	13.05%	33.33%
BUCN	73 Outperform	CHF3.45B	15.87	―	2.99%	-11.64%	-24.17%
SUN	65 Neutral	CHF5.33B	16.99	24.15%	2.90%	5.79%	13.20%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
INRN	62 Neutral	CHF1.23B	33.61	―	1.46%	-3.67%	-12.95%
GF	49 Neutral	CHF3.30B	42.66	―	2.53%	-24.42%	32.48%

Accelleron Industries AG Corporate Events

Accelleron Posts Strong 2025 Growth, Unveils Dividend Hike and Share Buyback

Accelleron reported another year of double‑digit growth in 2025, with revenue up 23.5% to USD 1.26 billion and net income jumping 35.8% to USD 243.7 million, driven by strong marine demand, expanding primary energy applications and surging emergency power needs from data centers. The company maintained high profitability with a 25.4% operating EBITA margin, proposed a 20% higher dividend, announced a CHF 100 million share buyback, and forecast 9–14% organic revenue growth and a slightly higher margin in 2026, underlining its strengthened market leadership despite geopolitical risks.

The most recent analyst rating on (CH:ACLN) stock is a Hold with a CHF82.00 price target. To see the full list of analyst forecasts on Accelleron Industries AG stock, see the CH:ACLN Stock Forecast page.

Accelleron Sets Board Succession Plan, Nominates New Chairwoman

Accelleron Industries AG, a global supplier of turbochargers, fuel injection and digital solutions for heavy-duty marine and energy applications, leverages its 100-plus-year history to support customers in over 50 countries. The company positions itself as a key partner in the energy transition by developing technologies that improve efficiency and sustainability in demanding industrial environments.

The company announced a planned leadership reshuffle on its Board of Directors ahead of the 28 April 2026 Annual General Meeting, proposing current Vice-Chair and Audit Committee Chair Monika Krüsi as the new Chairwoman and nominating HR executive Mieke Van de Capelle as a new director and NCC member. Incumbent Chairman Oliver Riemenschneider and director Gabriele Sons will not seek re-election as part of an accelerated succession plan, while the search continues for a new Audit Committee chair, signaling a deliberate governance renewal that may influence Accelleron’s strategic direction and oversight of key areas including nomination, compensation and sustainability.

The most recent analyst rating on (CH:ACLN) stock is a Hold with a CHF82.00 price target. To see the full list of analyst forecasts on Accelleron Industries AG stock, see the CH:ACLN Stock Forecast page.