INFICON Holding AG (IFCN) AI Stock Analysis

• Market Cap: CHF2.64B
• Dividend Yield: 1.94%
• Average Volume (3M): 33.29K
• Price to Earnings (P/E): 27.6
• Beta (1Y): 1.30
• Revenue Growth: -2.41%
• EPS Growth: 4.65%
• Country: CH
• Employees: 1,685
• Sector: Industrials
• Sector Strength: 90
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.82
• Shares Outstanding: 24,451,610
• 10 Day Avg. Volume: 35,161
• 30 Day Avg. Volume: 33,294
• PEG Ratio: -2.63
• Price to Book (P/B): 8.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.43
• Enterprise Value/Market Cap: 1.15
• Enterprise Value/Revenue: 1.15
• Enterprise Value/Gross Profit: 9.63
• Enterprise Value/Ebitda: 5.09
• 1Y Price Target: CHF119.40
• Price Target Upside: 10.56% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 68 Neutral
• Price Target: CHF122.00 ▲(12.96%Upside)

INFICON Holding AG's strong financial performance is the most significant factor driving the stock's attractiveness, supported by robust margins and low leverage. However, technical analysis reveals potential overbought conditions, and the high P/E ratio suggests overvaluation risks. The moderate dividend yield offers some income potential but does not significantly enhance the stock's valuation.

Positive Factors

Financial Performance

With substantial operating leverage in the platform, margins could exceed 20% as order volumes recover.

Market Positioning

Inficon is positioned in the vacuum-related semicap space, indicating a strategic market presence.

Market Recovery

The organization is ready to benefit from a broader recovery, especially in semis & solar.

Negative Factors

Demand Uncertainty

There is low visibility for semiconductor demand, causing soft guidance with growth expected between -2% to +6%.

Macroeconomic Concerns

Rising tariffs and a deteriorating macroeconomic picture increase uncertainty for the anticipated recovery.

Segment Performance

There has been a particularly poor development in the General Vacuum segment with a decline of 20%.

INFICON Holding AG Business Overview & Revenue Model

Company Description

INFICON Holding AG develops instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North America, and internationally. It offers leak detectors, service tools for HVAC/R and automotive, chemical detection and monitoring products, quartz crystals, thin film depositions, and residual gas analyzers and mass spectrometers. The company also provides RF sensing technology solutions, manufacturing software, vacuum feedthroughs and components, vacuum gauge controllers and accessories, vacuum gauges, high precision vacuum gauges, and drop-in replacement products for vacuum gauges and controllers. In addition, it provides toxic chemical analysis products for emergency response, security, and environmental monitoring, as well as instruments for energy and petrochemical applications. The company's analysis, measurement, and control products are used for gas leak detection in air conditioning, refrigeration, and automotive manufacturing; and for use in the fabrication of semiconductors and thin film coatings for optics, flat panel displays, solar cells, LED lighting, and industrial vacuum coating applications. Its products are also used in the life sciences, research, aerospace, food and general packaging, heat treatment, laser cutting, oil and gas transportation and processing, alternative energy, utilities, and other industrial processes. INFICON Holding AG was founded in 2000 and is headquartered in Bad Ragaz, Switzerland.

How the Company Makes Money

INFICON Holding AG generates revenue primarily through the sale of its high-tech instruments and software solutions. The company's key revenue streams include the semiconductor and vacuum-coating industries, where its products are essential for maintaining quality and efficiency. INFICON also makes money from servicing and maintaining its equipment, offering customers ongoing support and upgrades. Strategic partnerships and a strong global distribution network further bolster its revenue, allowing access to diverse markets and customer bases.

INFICON Holding AG Financial Statement Overview

Summary

INFICON Holding AG shows strong profitability and stability, with robust gross and net profit margins. The balance sheet is solid with low leverage and high equity ratios, while cash flow remains strong despite a slight decline in free cash flow. Overall, the company's financials support sustained profitability and growth.

Income Statement

INFICON Holding AG demonstrates strong profitability and stability. The gross profit margin is robust, consistently above 45% in recent years, indicating efficient cost management and pricing power. The net profit margin has also been solid, with slight improvements, reaching 16.8% in 2024 from 15.7% in 2023. Revenue growth has been moderate, with a slight decline of 0.41% between 2023 and 2024, suggesting a stable revenue base. EBIT and EBITDA margins are healthy, supporting strong operational performance.

Balance Sheet

The company's balance sheet reflects a solid financial position with a reasonable debt-to-equity ratio of 0.12 as of 2024, indicating low leverage and financial stability. The return on equity (ROE) has improved to 29.5% in 2024, showcasing efficient use of equity to generate profits. The equity ratio of 72.4% also underscores a strong capital structure, with a high proportion of assets funded by equity, reducing financial risk.

Cash Flow

INFICON Holding AG's cash flow performance is commendable, with a consistent generation of free cash flow. The free cash flow increased from CHF 94.82 million in 2023 to CHF 88.12 million in 2024, reflecting a slight decrease, but overall, the cash flow remains strong. The operating cash flow to net income ratio is slightly below 1, indicating most profits are converted into cash. The company remains cash generative, supporting potential reinvestment and shareholder returns.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	670.95M	673.71M	581.30M	515.78M	397.80M
Gross Profit	316.27M	309.62M	266.68M	246.99M	188.01M
EBITDA	157.63M	150.60M	124.89M	116.50M	78.38M
Net Income	112.75M	105.68M	88.53M	80.31M	49.30M
Balance Sheet
Total Assets	527.99M	519.49M	429.41M	365.15M	305.18M
Cash, Cash Equivalents and Short-Term Investments	119.23M	101.62M	45.90M	65.63M	60.10M
Total Debt	44.28M	57.22M	43.37M	9.63M	19.20M
Total Liabilities	145.97M	179.50M	151.96M	112.57M	82.30M
Stockholders Equity	382.01M	339.99M	277.45M	252.59M	222.89M
Cash Flow
Free Cash Flow	88.11M	94.82M	10.93M	61.40M	34.89M
Operating Cash Flow	116.48M	118.25M	46.23M	85.07M	50.49M
Investing Cash Flow	-30.53M	-22.95M	-40.56M	-28.96M	-15.57M
Financing Cash Flow	-64.45M	-41.54M	-23.06M	-48.28M	-32.53M

INFICON Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 108.00
• 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:IFCN, the sentiment is Positive. The current price of 108 is above the 20-day moving average (MA) of 105.27, above the 50-day MA of 101.70, and above the 200-day MA of 102.08, indicating a bullish trend. The MACD of 2.40 indicates Negative momentum. The RSI at 69.25 is Neutral, neither overbought nor oversold. The STOCH value of 87.94 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:IFCN.

INFICON Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IFCN	68 Neutral	CHF2.64B	27.57		1.94%	-2.41%	4.65%
OERL	68 Neutral	CHF1.23B	18.70		5.27%	-11.92%	100.79%
INRN	68 Neutral	CHF1.88B	30.44		1.40%	-5.25%	-6.32%
Sector *	67 Neutral	£2.82B	10.49	4.69%	3.43%	2.40%	-24.48%
DAE	67 Neutral	CHF2.10B	68.55	8.24%	2.59%	-3.80%	-53.44%
COTN	64 Neutral	CHF2.16B	64.44		0.54%	12.05%	128.29%
SENS	58 Neutral	€1.26B	―	-9.50%	―	18.58%	-339.05%

INFICON Holding AG Corporate Events

INFICON to Announce Q1 2025 Results and Host Web Conference

INFICON Holding AG announced it will publish its first quarter 2025 results on April 24, 2025, with a media release and presentation available at 07:00 a.m. CEST, followed by a web conference at 09:30 a.m. CEST. The announcement highlights the company’s commitment to transparency and engagement with stakeholders through accessible communication channels. This event is expected to provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.