COMET Holding AG (COTN) AI Stock Analysis

• Market Cap: CHF1.47B
• Dividend Yield: 0.71%
• Average Volume (3M): 37.62K
• Price to Earnings (P/E): 37.7
• Beta (1Y): 1.26
• Revenue Growth: 27.24%
• EPS Growth: 122.39%
• Country: CH
• Employees: 1,810
• Sector: Services
• Sector Strength: N/A
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1.01
• Shares Outstanding: 7,773,966
• 10 Day Avg. Volume: 36,426
• 30 Day Avg. Volume: 37,619
• PEG Ratio: 0.43
• Price to Book (P/B): 5.93
• Price to Sales (P/S): 4.33
• P/FCF Ratio: 51.90
• 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: CHF278.50
• Price Target Upside: 30.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: CHF221.00 ▲(3.27% Upside)

COMET Holding AG shows strong financial performance with improved profitability and cash flow. However, technical indicators suggest potential bearish sentiment, and the stock appears overvalued with a high P/E ratio and low dividend yield. The absence of earnings call data and corporate events limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth reflects the company's ability to expand its market reach and capitalize on high-demand sectors, supporting long-term business sustainability.

Cash Generation

Improved cash generation enhances financial flexibility, enabling reinvestment in growth opportunities and providing a buffer against economic fluctuations.

Profitability

Higher profit margins indicate effective cost management and operational efficiency, which can sustain competitive advantage and shareholder value over time.

Negative Factors

Asset Management Volatility

Instability in asset management may affect the company's ability to leverage its resources effectively, potentially impacting long-term growth and stability.

Cash Flow Volatility

Volatile cash flows can hinder strategic planning and investment, posing risks to sustained growth and operational resilience.

Market Volatility

Market volatility may challenge revenue stability and margin maintenance, affecting the company's ability to achieve consistent financial performance.

COMET Holding AG Business Overview & Revenue Model

Company Description

COMET Holding AG (COTN) is a Swiss-based technology company that operates primarily in the fields of advanced X-ray and plasma technologies, with a focus on providing high-performance solutions for various industrial applications. The company is organized into three main segments: Comet X-Ray, which develops X-ray systems for non-destructive testing and inspection; Comet Plasma Control Technologies, specializing in plasma technology for surface treatment and manufacturing processes; and Comet Electronics, which offers high-voltage and high-frequency components for the semiconductor industry. Comet's innovative products are utilized across multiple sectors, including electronics, automotive, aerospace, and medical technology.

How the Company Makes Money

COMET Holding AG generates revenue through the sale of its advanced technology products and solutions across its three business segments. The primary revenue streams include the sale of X-ray systems and components, plasma technology equipment, and electronic components for semiconductor applications. The company benefits from strong demand in industries requiring precise inspection and treatment technologies, particularly in the automotive and electronics sectors. Additionally, COMET has established strategic partnerships with key players in the technology and manufacturing sectors, enhancing its market reach and facilitating collaborative product development. The combination of continuous innovation, a diversified product portfolio, and a focus on high-growth industries contributes significantly to the company's earnings.

COMET Holding AG Financial Statement Overview

Summary

COMET Holding AG has demonstrated strong financial performance with significant improvements in profitability and cash flow. The company maintains a solid balance sheet with a healthy equity ratio and manageable debt levels. However, past volatility and asset reductions suggest the need for consistent growth and stability.

Income Statement

COMET Holding AG demonstrated strong revenue growth over the past year with a 12.04% increase from 2023 to 2024. Gross profit margins improved to 43.34%, indicating efficient cost management. The net profit margin significantly improved to 7.89% in 2024, showcasing enhanced profitability. EBIT and EBITDA margins also showed robust performance at 8.58% and 14.47% respectively, reflecting solid operational performance. However, compared to 2022, there has been a decline in revenue and margins, signaling potential volatility in the market.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of 0.30, reflecting a manageable level of debt. Return on equity increased to 10.79%, indicating improved profitability relative to shareholder equity. The equity ratio stands at 61.27%, showing a strong equity position. While these figures demonstrate good financial health, the reduction in total assets and stockholders' equity from 2022 to 2024 highlights potential instability in asset management.

Cash Flow

COMET Holding AG saw a notable turnaround in free cash flow, growing significantly from negative in 2023 to a positive $37.18M in 2024. The operating cash flow to net income ratio of 1.42 indicates strong cash generation relative to net income. However, fluctuations in cash flows and capital expenditures in prior years suggest some volatility in cash management and investment activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	483.20M	445.36M	397.45M	586.39M	513.72M	395.82M
Gross Profit	204.73M	193.10M	162.93M	261.63M	222.80M	157.57M
EBITDA	67.36M	64.42M	41.41M	118.45M	102.75M	54.69M
Net Income	38.92M	35.12M	15.39M	78.11M	67.44M	27.66M
Balance Sheet
Total Assets	498.41M	531.17M	473.58M	569.94M	491.89M	441.15M
Cash, Cash Equivalents and Short-Term Investments	93.00M	113.74M	86.71M	125.94M	115.53M	74.68M
Total Debt	93.36M	97.61M	95.51M	97.87M	79.41M	81.82M
Total Liabilities	190.26M	205.73M	177.49M	238.41M	216.91M	226.20M
Stockholders Equity	308.14M	325.44M	296.09M	331.53M	274.98M	214.96M
Cash Flow
Free Cash Flow	33.33M	37.18M	-4.16M	40.00M	55.82M	41.71M
Operating Cash Flow	51.15M	49.96M	22.26M	63.23M	69.01M	55.27M
Investing Cash Flow	-18.73M	-8.55M	-22.84M	-22.67M	-12.94M	-15.47M
Financing Cash Flow	-18.31M	-16.79M	-33.85M	-28.00M	-15.52M	-24.48M

COMET Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 214.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:COTN, the sentiment is Positive. The current price of 214 is above the 20-day moving average (MA) of 200.55, above the 50-day MA of 198.94, and below the 200-day MA of 215.87, indicating a neutral trend. The MACD of 6.16 indicates Negative momentum. The RSI at 58.49 is Neutral, neither overbought nor oversold. The STOCH value of 54.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:COTN.

COMET Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IFCN	69 Neutral	CHF2.33B	25.79	―	2.11%	-0.84%	-8.41%
COTN	64 Neutral	CHF1.47B	37.73	―	0.71%	27.24%	122.39%
SENS	58 Neutral	€868.68M	49.59	6.04%	―	40.00%	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SKAN	55 Neutral	CHF1.12B	68.94	―	0.81%	-3.45%	-49.82%

COMET Holding AG Corporate Events

Comet Holding AG Poised for Growth in Semiconductor Market

Comet Holding AG is strategically positioning itself to capitalize on growth opportunities in the semiconductor market, driven by trends in artificial intelligence, digitalization, and electrification. The company is enhancing its market presence through the expansion of its Synertia technology platform and CA20 X-ray inspection systems. Comet is also focusing on long-term growth and technology leadership by investing in research and development, increasing operational efficiency, and fostering a high-performance corporate culture. The company’s total addressable market is expected to grow significantly, and it aims to expand its presence in the fastest-growing market segments. Despite revising its medium-term financial targets due to changes in the semiconductor industry, Comet remains confident in its potential for future growth.

Comet Holding AG Faces Q3 Sales Decline Amid Market Uncertainties

Comet Holding AG reported a decline in Q3/25 net sales due to market uncertainties, particularly in the Plasma Control Technologies area, and challenges in the automotive sector. Despite these hurdles, the company sees potential recovery in the memory market and is advancing its X-ray and semiconductor technologies. Comet remains focused on introducing new products and improving efficiency to navigate ongoing market volatility, with expectations of growth in 2026.