Emmi AG (CH:EMMN)
:EMMN
Want to see CH:EMMN full AI Analyst Report?
Top Page
Emmi AG
(EMMN)
Select Model
Select Model
Rating:70Outperform
Price Target:
CHF971.00
▲(18.27% Upside)
Action:Reiterated
Date:03/01/26
The score is driven primarily by solid financial performance with steady growth, tempered by higher leverage and less consistent cash conversion. Technicals add support due to a clear uptrend and positive momentum indicators, while valuation is reasonable with a moderate dividend yield.
Positive Factors
Consistent revenue growth and stable operating margins
Sustained top-line growth combined with broadly stable EBIT and mid-single-digit net margins indicates the business can expand sales without materially diluting operating profitability. This supports reinvestment, brand and category investments, and steadier long-term earnings power across retail and foodservice channels.
Negative Factors
Materially elevated leverage
A sustained debt-to-equity above 1x raises balance sheet risk for a consumer goods company that faces commodity input swings. Higher leverage reduces financial flexibility, increases interest expense sensitivity, and amplifies downside risks if margins or cash flow weaken over a multi-quarter horizon.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent revenue growth and stable operating margins
Sustained top-line growth combined with broadly stable EBIT and mid-single-digit net margins indicates the business can expand sales without materially diluting operating profitability. This supports reinvestment, brand and category investments, and steadier long-term earnings power across retail and foodservice channels.
Read all positive factors
Emmi AG (EMMN) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF4.72B
Dividend Yield2.26%
Average Volume (3M)4.15K
Price to Earnings (P/E)19.7
Beta (1Y)0.40
Revenue Growth9.13%
EPS Growth3.07%
CountryCH
Employees8,821
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)42.45
Shares Outstanding5,349,810
10 Day Avg. Volume4,487
30 Day Avg. Volume4,150
Financial Highlights & Ratios
PEG Ratio5.61
Price to Book (P/B)3.64
Price to Sales (P/S)0.83
P/FCF Ratio16.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
CHF890.00Price Target Upside8.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)44.76
Revenue Forecast (FY)CHF4.79B
Emmi AG Business Overview & Revenue Model
Company Description
Emmi AG, along with its various group entities, specializes in the creation, manufacturing, and distribution of a wide selection of dairy and fresh food items. Its primary markets are centered in Switzerland, North and South America, Africa, the A...
How the Company Makes Money
Emmi makes money primarily by manufacturing and selling dairy products and related food items to customers across retail (e.g., supermarkets and other consumer channels) and foodservice/industrial channels (e.g., restaurants, coffee shops, caterer...
Emmi AG Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
58
Neutral
Cash Flow
64
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.75B | 4.35B | 4.24B | 4.23B | 3.91B |
| Gross Profit | 979.04M | 1.66B | 1.56B | 815.38M | 786.31M |
| EBITDA | 492.49M | 428.44M | 371.78M | 358.51M | 390.72M |
| Net Income | 227.10M | 220.29M | 186.27M | 182.55M | 216.74M |
Balance Sheet | |||||
| Total Assets | 3.48B | 3.36B | 2.71B | 2.64B | 2.47B |
| Cash, Cash Equivalents and Short-Term Investments | 405.56M | 306.75M | 371.32M | 204.12M | 256.57M |
| Total Debt | 1.31B | 1.33B | 682.30M | 693.91M | 658.44M |
| Total Liabilities | 2.26B | 2.23B | 1.30B | 1.35B | 1.29B |
| Stockholders Equity | 1.08B | 994.05M | 1.29B | 1.17B | 1.08B |
Cash Flow | |||||
| Free Cash Flow | 244.25M | 283.00M | 222.62M | 6.71M | 103.85M |
| Operating Cash Flow | 400.17M | 406.88M | 370.14M | 211.28M | 261.26M |
| Investing Cash Flow | -206.03M | -962.93M | -135.83M | -231.10M | -430.01M |
| Financing Cash Flow | -112.00M | 507.95M | -81.08M | -23.09M | 121.29M |
Emmi AG Technical Analysis
Positive
821.00
Price Trends
829.07
Positive
804.32
Positive
757.25
Positive
Market Momentum
14.48
Negative
69.44
Neutral
82.75
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:EMMN, the sentiment is Positive. The current price of 821 is below the 20-day moving average (MA) of 852.75, below the 50-day MA of 829.07, and above the 200-day MA of 757.25, indicating a bullish trend. The MACD of 14.48 indicates Negative momentum. The RSI at 69.44 is Neutral, neither overbought nor oversold. The STOCH value of 82.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:EMMN.
Emmi AG Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | CHF4.72B | 19.74 | 22.25% | 2.26% | 9.13% | 3.07% | |
67 Neutral | CHF1.48B | 15.14 | 21.15% | ― | -0.31% | 3.66% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
53 Neutral | CHF1.16B | 16.67 | 7.93% | 3.18% | 3.31% | -43.64% | |
47 Neutral | CHF91.65M | 10.54 | ― | ― | -2.98% | ― |
* Consumer Defensive Sector Average
CH:EMMN
Emmi AG
869.00
73.18
9.20%
CH:ARYN
ARYZTA AG
58.20
-26.20
-31.04%
CH:BELL
Bell Food Group
182.00
-66.93
-26.89%
CH:ORON
Orior AG
13.98
0.78
5.91%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.