Want to see CH:IMPN full AI Analyst Report?

Implenia AG (IMPN) Price & Analysis

6 Followers

IMPN Stock Chart & Stats

CHF65.00

-CHF1.10(-1.69%)

At close: Jul 27 4:00 PM EDT

CHF65.00

-CHF1.10(-1.69%)

Day’s Range― - ―

52-Week RangeCHF53.10 - CHF83.30

Previous CloseN/A

Volume32.91K

Average Volume (3M)36.95K

Market Cap

CHF1.18B

Enterprise ValueCHF1.64K

Total Cash (Recent Filing)CHF658.01M

Total Debt (Recent Filing)CHF878.69M

Price to Earnings (P/E)14.0

Beta0.59

Next Earnings

Aug 19, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend Yield2.19%

Share Statistics

EPS (TTM)4.58

Shares Outstanding18,472,000

10 Day Avg. Volume34,539

30 Day Avg. Volume36,949

Financial Highlights & Ratios

PEG Ratio-1.73

Price to Book (P/B)1.88

Price to Sales (P/S)0.40

P/FCF Ratio14.81

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

CHF95.00

Price Target Upside46.15% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering2

EPS Forecast (FY)4.57

Revenue Forecast (FY)CHF3.47B

Bulls Say, Bears Say

Bulls Say

Diversified Construction, Civil And Real-estate ServicesImplenia's integrated offering across building construction, major civil infrastructure and real-estate development creates multiple durable revenue streams. This diversification reduces single-project exposure, enables cross-selling, and smooths activity through differing cycle timings in public infrastructure and private property markets.

Material Cash-flow Recovery In 2025The shift to positive operating and free cash flow in 2025 materially improves liquidity and financial flexibility. Sustained cash generation enables deleveraging, funds working capital and capex needs internally, and reduces reliance on external financing—key for a project-driven construction firm with lumpy inflows.

Stabilized Profitability And Positive Net Income Since 2021Maintaining positive net income across multiple years and stable mid-single-digit EBITDA margins indicates underlying earnings power. For a contractor with project execution risk, consistent profitability suggests competent cost control and contract management, supporting longer-term cash flow predictability.

Bears Say

Declining Revenue Trend In 2024–2025Consecutive revenue declines reduce scale and can undermine fixed-cost absorption on large projects. Persistent top-line weakness pressures utilization, bidding competitiveness and the ability to recover margin through volume, making future earnings and backlog replenishment more uncertain if the trend continues.

Margin Pressure Evident In 2025Compression of operating and EBITDA margins signals either cost inflation, contract pricing stress, or execution inefficiencies. If margins remain suppressed, free cash flow and reinvestment capacity will be constrained, increasing sensitivity to project overruns and reducing room to absorb future adverse shocks.

Leverage Remains Elevated Versus PeersDebt roughly at or above equity leaves limited financial headroom for a capital-intensive contractor. Elevated leverage raises refinancing and covenant risk during cycle downturns, amplifies earnings volatility from project delays, and makes sustained cash generation essential to meaningfully improve the balance sheet.

Implenia AG News

Implenia wins CHF 180 million in modernization contracts as refurbishment demand surges

Implenia AG ( ($CH:IMPN) ) has shared an update. Implenia has secured modernization contracts worth over CHF 180...

27d ago

Implenia Wins CHF 250 Million Korsvägen Station Contract in Gothenburg

Implenia AG ( ($CH:IMPN) ) has provided an announcement. Implenia has secured an execution contract worth over CHF...

1M ago

Implenia Buys Germany’s Zigmo Engineering to Bolster High-Margin Planning Services

Implenia AG ( ($CH:IMPN) ) has provided an announcement. Implenia has signed an agreement to acquire Germany-based Zigmo...

2M ago

Implenia sets out growth and profitability roadmap in new investor Primer

Implenia AG ( ($CH:IMPN) ) has shared an announcement. Implenia AG has released a detailed Primer for investors...

2M ago

Implenia Wins €200 Million Contract for New Münster Police Headquarters

Implenia AG ( ($CH:IMPN) ) just unveiled an update. Implenia has secured a general contractor mandate worth more...

4M ago

Implenia shareholders back all proposals and confirm board at 2026 general meeting

Implenia AG ( ($CH:IMPN) ) has issued an announcement. Implenia AG shareholders approved all proposals at the 2026...

4M ago

Implenia wins CHF 310 million in sustainable building contracts across Switzerland and Germany

Implenia AG ( ($CH:IMPN) ) has issued an announcement. Implenia has secured a series of building construction contracts...

5M ago

Implenia boosts 2025 profitability, record order book underpins growth and higher dividend

The latest update is out from Implenia AG ( ($CH:IMPN) ). Implenia reported stronger 2025 operating results, lifting...

5M ago

Implenia Wins EUR 350 Million in Major Bridge and Tunnel Contracts in Germany and Norway

Implenia AG ( ($CH:IMPN) ) has provided an update. Implenia has secured four major infrastructure contracts in Germany...

7M ago

Implenia wins CHF 830 million share of major Zürich–Winterthur rail expansion

Implenia AG ( ($CH:IMPN) ) has shared an announcement. Implenia has secured a major infrastructure contract as part...

7M ago

IMPN FAQ

What was Implenia AG’s price range in the past 12 months?

Implenia AG lowest stock price was CHF53.10 and its highest was CHF83.30 in the past 12 months.

What is Implenia AG’s market cap?

Implenia AG’s market cap is CHF1.18B.

When is Implenia AG’s upcoming earnings report date?

Implenia AG’s upcoming earnings report date is Aug 19, 2026 which is in 17 days.

How were Implenia AG’s earnings last quarter?

Implenia AG released its earnings results on Mar 04, 2026. The company reported CHF2.782 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.

Is Implenia AG overvalued?

According to Wall Street analysts Implenia AG’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Implenia AG pay dividends?

Implenia AG pays a Annually dividend of CHF1.4 which represents an annual dividend yield of 2.19%. See more information on Implenia AG dividends here

What is Implenia AG’s EPS estimate?

Implenia AG’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Implenia AG have?

Implenia AG has 18,472,000 shares outstanding.

What happened to Implenia AG’s price movement after its last earnings report?

Implenia AG reported an EPS of CHF2.782 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 9.986%.

Which hedge fund is a major shareholder of Implenia AG?

Currently, no hedge funds are holding shares in CH:IMPN

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Implenia AG

Implenia AG is a prominent provider of construction and real estate services, primarily serving clients across Switzerland, Germany, Austria, Norway, Sweden, and France, with additional international presence. The company's operations are segmented into four distinct divisions: Real Estate, Buildings, Civil Engineering, and Specialties. Within its Real Estate segment, Implenia offers a comprehensive suite of services encompassing property development, management, and investment; building construction; project leadership; environmental remediation; general and total contracting; building technology solutions; expert real estate consultation; overarching planning; and facilitating home ownership. The Civil Engineering division undertakes a wide array of infrastructure projects, including road construction, tunneling, excavation work, installation of retaining structures, deep foundation construction, noise barrier implementation, general civil engineering tasks, and crucial infrastructure maintenance, alongside structural engineering. Furthermore, its Specialties division delivers specialized construction solutions such as the design and execution of post-tensioning and geotechnical systems, construction logistics management, timber frame construction, mechanical and electrical installations, and advanced material engineering services. Founded in 2006, Implenia AG maintains its corporate headquarters in Dietlikon, Switzerland.

Implenia AG (IMPN) Earnings & Revenues

Historic Earnings Reports

IMPN Company Deck

IMPN Earnings Call

Q4 2026

0:00 / 0:00

IMPN Stock 12 Month Forecast

Average Price Target

CHF95.00

▲(46.15% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"52":"CHF52","101":"CHF101","64.25":"CHF64.3","76.5":"CHF76.5","88.75":"CHF88.8"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":100,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">CHF100.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":95,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">CHF95.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":90,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">CHF90.00</span>\n  </div></div>","useHTML":true}}],"tickPositions":[52,64.25,76.5,88.75,101],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,64,66.76923076923077,69.53846153846153,72.3076923076923,75.07692307692308,77.84615384615384,80.61538461538461,83.38461538461539,86.15384615384616,88.92307692307692,91.6923076923077,94.46153846153845,97.23076923076923,{"y":100,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,64,66.38461538461539,68.76923076923077,71.15384615384616,73.53846153846153,75.92307692307692,78.3076923076923,80.6923076923077,83.07692307692308,85.46153846153845,87.84615384615384,90.23076923076923,92.61538461538461,{"y":95,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,64,66,68,70,72,74,76,78,80,82,84,86,88,{"y":90,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":53.811,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.834,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":64.671,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":62.323,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":65.063,"date":1764547200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":74.847,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":71.227,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":70.542,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":63.4,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":61.5,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":60.5,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":70.7,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":64,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >