BELIMO Holding AG (BEAN) AI Stock Analysis

• Market Cap: CHF11.06B
• Dividend Yield: 1.22%
• Average Volume (3M): 24.25K
• Price to Earnings (P/E): 64.8
• Beta (1Y): 0.75
• Revenue Growth: 16.73%
• EPS Growth: 14.51%
• Country: CH
• Employees: 2,071
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 8.23
• Shares Outstanding: 12,300,000
• 10 Day Avg. Volume: 17,067
• 30 Day Avg. Volume: 24,249
• PEG Ratio: 6.99
• Price to Book (P/B): 12.70
• Price to Sales (P/S): 7.81
• P/FCF Ratio: 54.18
• 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: CHF905.12
• Price Target Upside: 1.19% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: CHF933.00 ▲(4.30% Upside)

BELIMO Holding AG's strong financial performance and positive earnings call results are offset by technical indicators suggesting bearish momentum and a high valuation. The company's robust growth in key segments and strategic expansions provide a positive outlook, but current market conditions and valuation concerns temper the overall score.

Positive Factors

Consistent Revenue Growth

Sustained double-digit net sales growth demonstrates expanding market share and strong product adoption across regions. This revenue momentum supports reinvestment in capacity and R&D, drives scale economies, and strengthens long-term competitive positioning and earnings resilience.

Robust Balance Sheet

A high equity ratio and low leverage reduce solvency risk and preserve financial flexibility. This balance sheet strength enables funding of capacity expansions, cushions cyclical downturns in construction/HVAC, and supports steady capital allocation without dependence on costly external debt.

Strong Cash Generation

Consistent free cash flow and a healthy operating cash flow to net income ratio underpin internal funding capability. Reliable cash generation enables sustained capex for global expansions, supports dividends or buybacks, and reduces reliance on external financing over the medium term.

Negative Factors

Currency Translation Losses

Material FX losses highlight pronounced translation risk from global operations. Persistent currency swings can erode reported revenues and margins, complicate multi-quarter planning, and necessitate ongoing hedging that increases operating complexity and can depress long-term net returns.

USD Sensitivity Compresses Margins

High sensitivity to USD moves creates structural margin volatility given significant US-linked sales. Large currency shifts can meaningfully alter profitability and guidance, reducing margin predictability and forcing management to allocate resources to hedging rather than growth initiatives.

Geographic Revenue Concentration

Relying on the Americas for ~50% of turnover concentrates exposure to one regional cycle, policy changes, and market dynamics. This geographic concentration increases revenue volatility risk and can limit resilience to localized downturns despite overall global operations.

BELIMO Holding AG Business Overview & Revenue Model

Company Description

BELIMO Holding AG, together with its subsidiaries, develops, manufactures, and sells damper actuators, control valves, sensors, and meters for heating, ventilation, and air conditioning (HVAC) systems in Europe, the Americas, and the Asia Pacific. The company offers HVAC damper actuators for use in various on/off, modulating, or communicating damper and life safety applications, including air handlers, economizer and variable air volume terminal units, fan coil units, unit ventilators, and life safety dampers. It also provides various pressure dependent valves, such as the characterized control, quick compact, and butterfly valves; mechanical pressure independent valves for complex flow challenges, and pressure-independent quick compact and characterized control valves; electronic pressure independent valves; and Internet of Things cloud-connected pressure independent valves. In addition, the company provides accurate sensors for measuring temperature, humidity, pressure, CO2, and volatile compounds in pipe and duct applications; system solutions to optimize energy efficiency; and retrofit solutions to replace valve assemblies and actuators, or damper actuators. BELIMO Holding AG was founded in 1975 and is headquartered in Hinwil, Switzerland.

How the Company Makes Money

BELIMO generates revenue through the sale of its HVAC products, including actuators, valves, and sensors, which are utilized in various applications such as heating, cooling, and ventilation systems. The company's revenue model is primarily based on product sales, which are complemented by service offerings such as technical support and training for customers. Key revenue streams include direct sales to HVAC manufacturers, system integrators, and distributors, as well as partnerships with major players in the construction and building management sectors. Additionally, BELIMO benefits from a global distribution network that enhances its market reach and allows for increased sales across different regions. Factors contributing to its earnings include a strong focus on innovation, the growing demand for energy-efficient building solutions, and the company's reputation for high-quality products in the HVAC industry.

BELIMO Holding AG Financial Statement Overview

Summary

BELIMO Holding AG exhibits strong financial health with consistent revenue and profit growth, a robust equity structure, and efficient cash flow management. The income statement, balance sheet, and cash flow metrics all indicate stability and growth potential.

Income Statement

BELIMO Holding AG has demonstrated consistent revenue growth with a notable increase from 2023 to 2024. The gross profit margin and net profit margin are strong, indicating effective cost management and profitability. EBIT and EBITDA margins are stable, reflecting operational efficiency.

Balance Sheet

The company maintains a robust equity position with a low debt-to-equity ratio, minimizing financial risk. The equity ratio is high, suggesting financial solidity and reduced leverage. Return on equity shows consistent profitability relative to shareholders' equity.

Cash Flow

Free cash flow has grown consistently, supporting potential reinvestment and shareholder returns. The operating cash flow to net income ratio is healthy, indicating strong cash generation relative to net earnings. The free cash flow to net income ratio is positive, highlighting effective cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.03B	943.86M	858.78M	846.90M	765.34M	661.23M
Gross Profit	635.93M	580.29M	247.47M	243.01M	220.57M	171.77M
EBITDA	244.88M	208.42M	179.95M	185.47M	178.05M	133.75M
Net Income	170.80M	146.78M	136.96M	122.80M	115.67M	86.72M
Balance Sheet
Total Assets	754.29M	763.68M	661.99M	688.54M	660.86M	600.07M
Cash, Cash Equivalents and Short-Term Investments	75.68M	137.20M	112.79M	111.78M	169.41M	164.94M
Total Debt	25.80M	25.36M	14.82M	11.47M	10.77M	13.94M
Total Liabilities	211.71M	182.95M	131.50M	166.78M	149.53M	110.81M
Stockholders Equity	542.58M	580.74M	530.63M	521.83M	511.30M	489.28M
Cash Flow
Free Cash Flow	122.48M	136.09M	109.92M	57.77M	105.73M	95.87M
Operating Cash Flow	202.68M	194.78M	156.97M	112.47M	152.45M	124.83M
Investing Cash Flow	-86.81M	-101.95M	-21.08M	-21.79M	-107.54M	-32.47M
Financing Cash Flow	-116.52M	-107.82M	-108.66M	-111.78M	-100.60M	-97.71M

BELIMO Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 894.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:BEAN, the sentiment is Positive. The current price of 894.5 is above the 20-day moving average (MA) of 865.23, above the 50-day MA of 834.58, and above the 200-day MA of 830.75, indicating a bullish trend. The MACD of 14.65 indicates Negative momentum. The RSI at 63.23 is Neutral, neither overbought nor oversold. The STOCH value of 83.55 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:BEAN.

BELIMO Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KARN	74 Outperform	CHF2.04B	27.46	―	2.17%	11.43%	6.46%
BEAN	70 Outperform	CHF11.06B	64.78	31.53%	1.22%	16.73%	14.51%
GEBN	66 Neutral	CHF20.47B	36.37	―	2.08%	1.72%	-1.43%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
INRN	59 Neutral	CHF1.66B	27.92	―	1.46%	-3.67%	-12.95%
GF	54 Neutral	CHF4.42B	15.96	―	2.53%	-24.42%	32.48%
DOKA	52 Neutral	CHF2.56B	26.32	―	―	1.16%	132.26%

BELIMO Holding AG Corporate Events

Belimo Accelerates 2025 Growth on Data Center Demand and Retrofit Strategy

Belimo Holding AG, the global leader in field devices for energy-efficient HVAC control, grew its 2025 sales by 23.3% in local currencies to CHF 1.121 billion, underscoring its strong market position and the traction of its strategy focused on urbanization, energy efficiency and digitalization. All regions and business lines contributed to the acceleration versus 2024, with the Americas and Asia Pacific leading growth, driven particularly by booming demand for Belimo’s advanced control valves in data center cooling, including AI-related direct-to-chip liquid cooling applications. The company’s RetroFIT+ initiative proved a key growth driver in renovation projects across EMEA, the Americas and Asia Pacific, helping offset a weak global commercial new-build market and supporting gains in healthcare, education, life sciences, semiconductor, battery and electronics end markets. Control valves posted the strongest business-line performance, while damper actuators and sensors and meters also delivered double-digit growth, reflecting continuous innovation and customers’ shift to integrated, higher-value, energy-efficient HVAC solutions that strengthen Belimo’s competitive position and market share worldwide.

The most recent analyst rating on (CH:BEAN) stock is a Hold with a CHF914.00 price target. To see the full list of analyst forecasts on BELIMO Holding AG stock, see the CH:BEAN Stock Forecast page.