Landis+Gyr Group AG (LAND) AI Stock Analysis

• Market Cap: CHF2.04B
• Dividend Yield: 1.62%
• Average Volume (3M): 84.92K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.80
• Revenue Growth: -11.84%
• EPS Growth: -201.10%
• Country: CH
• Employees: 6,300
• Sector: Industrials
• Sector Strength: 94
• Industry: Electrical Equipment & Parts
• EPS (TTM): -5.49
• Shares Outstanding: 28,908,943
• 10 Day Avg. Volume: 80,134
• 30 Day Avg. Volume: 84,924
• PEG Ratio: -0.80
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -129.93
• Enterprise Value/Market Cap: 1.22
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 8.74
• Enterprise Value/Ebitda: 3.01
• 1Y Price Target: CHF60.65
• Price Target Upside: -10.15% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 63 Neutral
• Price Target: CHF69.00 ▲(2.22%Upside)

The stock's overall score is driven mainly by its strong technical momentum, suggesting short-term positive price action. However, the company's financial performance reflects challenges in profitability and leverage, which are concerns. Valuation remains a mixed bag with a negative P/E ratio but a reasonable dividend yield.

Positive Factors

Bookings and Backlog

Record bookings in 2H24 resulted in a book-to-bill of 1.5x in FY24, showcasing strong demand.

Grid Intelligence and Software

35% of backlog is software and services, highlighting grid intelligence traction.

Strategic Initiatives

Strategic initiatives including divesting the EMEA business and a U.S. listing are catalysts for margin and multiple expansions.

Negative Factors

Adjusted EBITDA Margin

Adjusted EBITDA margin guidance was lowered to 10% from 11%-13% on reduced operating leverage and obsolete inventory in the Americas.

Inventory Management

Fast adoption of Revelo led to inventory obsolescence ($20mn in FY24), impacting financial performance.

Revenue Guidance

FY25 revenue guidance was modestly below consensus, indicating potential challenges.

Landis+Gyr Group AG Business Overview & Revenue Model

Company Description

Landis+Gyr Group AG is a global leader in energy management solutions, providing integrated energy management systems for the utility sector. The company's portfolio includes advanced metering infrastructure, smart meters, and grid edge intelligence solutions. Landis+Gyr operates across various sectors, including electricity, gas, and water, catering to the needs of utility companies worldwide with a strong focus on innovation and efficiency.

How the Company Makes Money

Landis+Gyr Group AG generates revenue primarily through the sale of its advanced metering infrastructure (AMI) and smart meters to utility companies around the world. The company also provides software and services that enhance the functionality of their hardware products, enabling utilities to optimize energy distribution and management. In addition to product sales, Landis+Gyr earns from long-term service agreements and managed services that ensure continuous support and system upgrades for their clients. Strategic partnerships with other technology firms and collaborations with utilities further bolster their revenue by expanding their market reach and enhancing their product offerings.

Landis+Gyr Group AG Financial Statement Overview

Summary

Landis+Gyr Group AG faces challenges in revenue growth and profitability, impacting its income and cash flow statements negatively. While the balance sheet shows some stability, high leverage and declining equity are concerns. The company must address its operational inefficiencies and improve cash flow management to strengthen its financial position.

Income Statement

The income statement shows a decline in financial performance over the past year with negative EBIT and net income. The gross profit margin is relatively stable, but there is a significant drop in revenue and profitability, indicating potential operational challenges.

Balance Sheet

The balance sheet indicates moderate financial stability with a reasonable debt-to-equity ratio. However, the decline in stockholders' equity and high total debt raise concerns about leverage and financial risk.

Cash Flow

The cash flow statement reveals fluctuating free cash flow and operating cash flow, with a significant drop in free cash flow growth. The company needs to improve cash generation to support its operations and reduce financial risks.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.73B	1.96B	1.68B	1.46B	1.36B
Gross Profit	512.15M	598.81M	477.45M	470.22M	385.12M
EBITDA	22.12M	214.15M	143.87M	163.84M	-278.23M
Net Income	-150.46M	109.98M	207.93M	79.40M	-392.39M
Balance Sheet
Total Assets	2.41B	2.44B	2.42B	2.29B	2.16B
Cash, Cash Equivalents and Short-Term Investments	171.56M	127.84M	117.37M	84.85M	140.55M
Total Debt	435.21M	335.40M	276.25M	332.49M	258.15M
Total Liabilities	1.09B	892.88M	895.03M	890.46M	783.67M
Stockholders Equity	1.31B	1.54B	1.52B	1.38B	1.37B
Cash Flow
Free Cash Flow	46.95M	89.57M	-74.07M	88.69M	97.34M
Operating Cash Flow	78.89M	121.20M	-45.77M	115.78M	123.94M
Investing Cash Flow	-36.24M	-102.86M	205.78M	-184.17M	-38.09M
Financing Cash Flow	2.20M	-5.35M	-118.87M	14.22M	-271.41M

Landis+Gyr Group AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 67.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:LAND, the sentiment is Positive. The current price of 67.5 is above the 20-day moving average (MA) of 62.02, above the 50-day MA of 56.52, and above the 200-day MA of 56.97, indicating a bullish trend. The MACD of 3.38 indicates Negative momentum. The RSI at 85.87 is Negative, neither overbought nor oversold. The STOCH value of 91.38 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:LAND.

Landis+Gyr Group AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HUBN	78 Outperform	CHF1.69B	23.74	11.32%	2.07%	5.03%	11.32%
ABBN	72 Outperform	CHF96.64B	26.86	31.19%	1.70%	0.98%	7.92%
OERL	70 Outperform	CHF1.32B	19.95		4.94%	-11.92%	100.79%
COTN	64 Neutral	CHF2.11B	60.15		0.55%	12.05%	128.29%
LAND	63 Neutral	CHF2.04B	15.08	-6.00%	1.62%	-11.84%	-201.10%
Sector *	58 Neutral	HK$14.89B	4.77	-2.78%	5.38%	3.80%	-54.55%

Landis+Gyr Group AG Corporate Events

Landis+Gyr Shareholders Approve Board Proposals and Leadership Changes

Landis+Gyr Group AG’s General Meeting approved all board proposals, including the election of Audrey Zibelman as the new Chairwoman, succeeding Andreas Umbach. The meeting also approved a distribution of CHF 1.15 per share and the fiscal year 2024 financial statements. These decisions reflect the company’s ongoing commitment to strategic innovation and leadership in smart energy management, with implications for continued growth and stakeholder confidence.

The most recent analyst rating on (CH:LAND) stock is a Hold with a CHF78.50 price target. To see the full list of analyst forecasts on Landis+Gyr Group AG stock, see the CH:LAND Stock Forecast page.

Landis+Gyr Announces 2024 Annual Report and Board Changes

Landis+Gyr Group AG has published its 2024 Annual Report and announced changes to its Board of Directors. The report details the company’s financial and operational developments, corporate governance, and sustainability efforts. Notably, Andreas Umbach will not seek re-election as Chairman, with Audrey Zibelman proposed as his successor. The company is also focusing on strategic realignment with new board members Brett Carter and Steve Louden, who bring significant expertise in energy, utilities, and financial management, aligning with Landis+Gyr’s increased focus on the Americas and a planned US listing.

The most recent analyst rating on (CH:LAND) stock is a Hold with a CHF78.50 price target. To see the full list of analyst forecasts on Landis+Gyr Group AG stock, see the CH:LAND Stock Forecast page.

Landis+Gyr Achieves Record Order Intake Amid Strategic Transformation

Landis+Gyr reported strong fiscal year 2024 results with a record order intake of USD 2.6 billion and an order backlog of USD 4.6 billion, despite a decline in net sales due to one-time sales in 2023 and delivery delays. The company is undergoing a strategic transformation, including a review of its EMEA operations and a US listing, and expects sales growth of 5% to 8% in fiscal year 2025, supported by its robust order pipeline and Grid-Edge solutions.