Interroll Holding AG (INRN) AI Stock Analysis

• Market Cap: CHF1.51B
• Dividend Yield: 1.72%
• Average Volume (3M): 1.60K
• Price to Earnings (P/E): 24.2
• Beta (1Y): 0.88
• Revenue Growth: -5.25%
• EPS Growth: -6.32%
• Country: CH
• Employees: 2,303
• Sector: Industrials
• Sector Strength: 80
• Industry: Industrial - Machinery
• EPS (TTM): 75.46
• Shares Outstanding: 854,000
• 10 Day Avg. Volume: 1,407
• 30 Day Avg. Volume: 1,605
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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: CHF2,074.50
• Price Target Upside: 13.48% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

Interroll Holding AG's stock score reflects its strong financial foundation with solid profitability and a robust balance sheet. However, the negative technical indicators and recent revenue declines suggest caution. The valuation appears fair with a moderate P/E ratio, but the stock's low momentum and price below key moving averages could pose risks to investors.

Positive Factors

Order Growth

2H24 orders increased by 6.8% to CHF233m, driven by stronger product business.

Profitability

Profitability remains solid, supported by a recovery in the product business.

Negative Factors

Management Outlook

Management commentary remains rather bearish on order outlook, highlighting challenges in the foreseeable future due to current economic and geopolitical environment.

Order Levels

Orders remained at subdued levels in H2, up just 6.8% due to the lack of sizeable project orders, and 9% below consensus.

Sales Performance

Preliminary 2H24 sales came in 3.5% below consensus on sales.

Interroll Holding AG Business Overview & Revenue Model

Company Description

Interroll Holding AG is a leading global provider of material handling solutions, specializing in high-quality products for internal logistics. The company operates within sectors such as food processing, airport logistics, postal services, and e-commerce, offering a range of innovative products including rollers, conveyors, sorters, and drives. With a strong focus on customer-centric solutions, Interroll supports efficient and streamlined material flow processes across various industries.

How the Company Makes Money

Interroll Holding AG generates revenue through the design, production, and sale of material handling solutions. The company's primary revenue streams include sales of its key product lines: rollers, conveyor systems, drives, and sorters. Interroll also benefits from its comprehensive service offerings, which include installation, maintenance, and consulting services. Significant partnerships with global industry leaders and a diversified customer base across sectors like e-commerce, airports, and food processing further bolster its earnings. The company's emphasis on innovation and quality enables it to maintain a competitive edge and foster long-term customer relationships, contributing to its financial success.

Interroll Holding AG Financial Statement Overview

Summary

Interroll Holding AG presents a stable financial profile with strong profitability margins and a solid balance sheet characterized by low leverage. However, recent revenue decline and reduced free cash flow growth indicate possible operational challenges or market pressures. The company remains financially sound with effective cost management and efficient cash flow operations.

Income Statement

Interroll Holding AG has shown a decline in revenue over the recent years, with a decrease from 2023 to 2024. The gross profit margin and net profit margin for 2024 are reasonably strong at 61.73% and 11.85% respectively, indicating effective cost management. However, the negative revenue growth of -5.25% from 2023 to 2024 reflects a challenging market or operational environment. The EBIT and EBITDA margins are solid at 14.76% and 19.69% respectively, suggesting operational efficiency.

Balance Sheet

The company's balance sheet is strong, with a low debt-to-equity ratio of 0.02, reflecting minimal leverage risk. The return on equity is decent at 13.23%, indicating effective use of shareholders' funds. An equity ratio of 79.85% suggests a robust financial structure with high equity financing, minimizing financial risk.

Cash Flow

Interroll Holding AG demonstrates a mixed cash flow performance. The free cash flow to net income ratio is 1.21, indicating strong cash generation relative to net income. However, there is a decline in free cash flow from the previous year, with a decrease of 15.37%. The operating cash flow to net income ratio of 1.47 shows solid cash flow generation from operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
527.11M	556.34M	664.41M	640.06M	530.63M
	Gross Profit
325.38M	344.67M	161.92M	156.82M	160.70M
	EBIT
77.81M	83.85M	101.31M	96.10M	90.13M
	EBITDA
103.80M	106.64M	129.34M	122.69M	114.26M
	Net Income Common Stockholders
62.50M	66.35M	82.78M	80.60M	71.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
204.10M	140.27M	79.31M	68.50M	98.31M
	Total Assets
591.30M	544.03M	549.65M	546.96M	476.21M
	Total Debt
9.31M	7.06M	8.48M	22.40M	6.09M
	Net Debt
-194.79M	-133.21M	-70.83M	-46.09M	-92.22M
	Total Liabilities
119.10M	133.22M	155.46M	201.53M	164.22M
	Stockholders Equity
472.21M	410.81M	394.19M	345.43M	311.99M
Cash Flow		Free Cash Flow
75.68M	89.42M	45.45M	-3.45M	71.89M
	Operating Cash Flow
92.01M	113.23M	71.81M	47.69M	123.21M
	Investing Cash Flow
-14.64M	-22.17M	-23.13M	-48.74M	-49.50M
	Financing Cash Flow
-15.77M	-20.46M	-34.01M	-29.50M	-54.25M

Interroll Holding AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1828.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:INRN, the sentiment is Negative. The current price of 1828 is above the 20-day moving average (MA) of 1762.20, below the 50-day MA of 2020.98, and below the 200-day MA of 2250.44, indicating a neutral trend. The MACD of -51.19 indicates Negative momentum. The RSI at 46.07 is Neutral, neither overbought nor oversold. The STOCH value of 84.39 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:INRN.

Interroll Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MIKN	76 Outperform	CHF255.45M	9.31	12.97%	3.14%	1.03%	-3.17%
KARN	70 Outperform	CHF1.64B	21.34		2.74%	10.38%	18.74%
BUCN	70 Neutral	CHF3.82B	16.88		2.92%	-11.73%	-35.55%
Sector *	64 Neutral	$4.24B	11.64	5.23%	249.83%	4.07%	-10.54%
INRN	61 Neutral	CHF1.51B	24.20		1.72%	-5.25%	-6.32%
FTON	47 Neutral	$167.97M	―	-9.50%	3.04%	-15.11%	-421.52%

Interroll Holding AG Corporate Events

Interroll Reports Resilient Performance Amid Economic Challenges in 2024

Interroll Holding AG reported a challenging yet profitable year in 2024, with an EBIT margin of 14.8% and a stable order intake of CHF 519.5 million. Despite a decrease in sales by 2.4% in local currencies, the company maintained its market position and profitability margins. The strong Swiss franc negatively impacted order intake and sales, but Interroll’s innovation efforts, such as launching new products like the Small Wheel Vertical Crossbelt Sorter, helped sustain its operations. The company proposed a stable dividend of CHF 32.00 per share, reflecting its solid balance sheet and cash flow. Looking ahead, Interroll is optimistic about future growth, driven by increased demand in the warehouse and distribution sectors, despite ongoing macroeconomic and geopolitical challenges.