Landis+Gyr Group AG (CH:LAND)
:LAND
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Landis+Gyr Group AG
(LAND)
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Rating:52Neutral
Price Target:
CHF49.00
▼(-4.67% Downside)
Action:ReiteratedDate:01/30/26
The score is primarily held back by weakened financial performance (declining revenue/profitability, leverage concerns, and uneven cash generation). Technicals provide a modest offset with improving short-term trend but still weak longer-term signals. Valuation is mixed, with a dividend yield offering some support but a negative P/E reflecting ongoing losses.
Positive Factors
Recurring & diversified revenue mix
Landis+Gyr sells meters, communications, software subscriptions and lifecycle services, creating a diversified revenue mix. This blend of project-based hardware and recurring software/services helps smooth cash flows across long multi-year utility programs and improves customer stickiness.
Negative Factors
Declining revenue and profitability
Recent declines in top-line and negative operating and net results indicate weakening operational performance. Persisting revenue contraction and losses can strain competitiveness in tender pricing, reduce reinvestment capacity for product development, and impair long-term margin recovery prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring & diversified revenue mix
Landis+Gyr sells meters, communications, software subscriptions and lifecycle services, creating a diversified revenue mix. This blend of project-based hardware and recurring software/services helps smooth cash flows across long multi-year utility programs and improves customer stickiness.
Read all positive factors
Landis+Gyr Group AG (LAND) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF1.44B
Dividend Yield2.22%
Average Volume (3M)77.79K
Price to Earnings (P/E)―
Beta (1Y)0.57
Revenue Growth-32.13%
EPS Growth-386.99%
CountryCH
Employees6,300
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.33
Shares Outstanding28,908,943
10 Day Avg. Volume56,752
30 Day Avg. Volume77,793
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)2.27
Price to Sales (P/S)1.73
P/FCF Ratio63.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
CHF72.50Price Target Upside41.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.82
Revenue Forecast (FY)CHF1.19B
Landis+Gyr Group AG Business Overview & Revenue Model
Company Description
Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers prepayment electricity, commercial/in...
How the Company Makes Money
Landis+Gyr primarily makes money by selling smart metering and grid-edge solutions to utilities under project- and program-based deployments, complemented by recurring software and services revenue. Key revenue streams include: (1) Hardware sales:...
Landis+Gyr Group AG Earnings Call Summary
Earnings Call Date:May 02, 2025
(Q4-2024)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Neutral
The earnings call reflected strong strategic progress and sustainability achievements, along with significant growth in order intake and backlog. However, this was offset by a decline in revenue, inventory write-downs, and tariff-related challenges, leading to a balanced sentiment.Positive Updates
Record Order Intake and Backlog
Landis+Gyr reported a strong order intake of $2.6 billion, resulting in a book-to-bill ratio of 1.5, and a record backlog of $4.6 billion, representing a 22.9% year-over-year increase.
Negative Updates
Revenue Decline
Net revenue declined by 10.5% in constant currency, mainly due to the non-reoccurrence of pent-up demand realization in FY '23 and tariff-related shipment delays.
Read all updates
Q4-2024 Updates
Positive
Negative
Record Order Intake and Backlog
Landis+Gyr reported a strong order intake of $2.6 billion, resulting in a book-to-bill ratio of 1.5, and a record backlog of $4.6 billion, representing a 22.9% year-over-year increase.
Read all positive updates
Company Guidance
During the Analyst and Investors Call for the full year 2024, Landis+Gyr outlined its financial and strategic performance, emphasizing strong order intake of $2.6 billion, which led to a book-to-bill ratio of 1.5. The company reported a record high backlog of $4.6 billion, reflecting a 22.9% year-over-year increase. Despite a revenue decline due to pent-up demand from FY 2023 and shipment delays, the adjusted EBITDA margin was 9.9%, aligning with updated guidance. Excluding one-off items, the margin was slightly higher at 10.4%. The Americas region, which is the most profitable segment with a 40% return on capital, accounted for 56% of the business. The company also achieved substantial sustainability milestones, including 96% renewable electricity usage and a 60% reduction in Scope 1 and 2 emissions since 2021. Looking forward, Landis+Gyr expects net revenue growth between 5% and 8% in FY 2025, with an adjusted EBITDA margin of 10.5% to 12%. The strategic focus remains on enhancing grid edge intelligence and expanding software and services, which now comprise 35% of the backlog.Landis+Gyr Group AG Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.35B | 1.73B | 1.68B | 1.46B | 1.36B | 1.70B |
| Gross Profit | 252.86M | 512.15M | 477.45M | 470.22M | 385.12M | 547.56M |
| EBITDA | 119.62M | 22.12M | 143.87M | 163.84M | -278.23M | 248.69M |
| Net Income | -392.64M | -150.46M | 207.93M | 79.40M | -392.39M | 113.75M |
Balance Sheet | ||||||
| Total Assets | 2.33B | 2.41B | 2.42B | 2.29B | 2.16B | 2.78B |
| Cash, Cash Equivalents and Short-Term Investments | 221.06M | 171.56M | 117.37M | 84.85M | 140.55M | 319.38M |
| Total Debt | 466.65M | 435.21M | 276.25M | 332.49M | 261.08M | 424.87M |
| Total Liabilities | 1.22B | 1.09B | 895.03M | 890.46M | 783.67M | 986.63M |
| Stockholders Equity | 1.11B | 1.31B | 1.52B | 1.38B | 1.37B | 1.80B |
Cash Flow | ||||||
| Free Cash Flow | 9.67M | 46.95M | -74.07M | 88.69M | 97.34M | 120.41M |
| Operating Cash Flow | 23.64M | 78.89M | -45.77M | 115.78M | 123.94M | 148.94M |
| Investing Cash Flow | -13.21M | -36.24M | 205.78M | -184.17M | -38.09M | -28.52M |
| Financing Cash Flow | 33.61M | 2.20M | -118.87M | 14.22M | -271.41M | 129.28M |
Landis+Gyr Group AG Technical Analysis
Negative
51.40
Price Trends
51.89
Negative
52.29
Negative
57.44
Negative
Market Momentum
-0.70
Negative
45.32
Neutral
64.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:LAND, the sentiment is Negative. The current price of 51.4 is above the 20-day moving average (MA) of 50.56, below the 50-day MA of 51.89, and below the 200-day MA of 57.44, indicating a bearish trend. The MACD of -0.70 indicates Negative momentum. The RSI at 45.32 is Neutral, neither overbought nor oversold. The STOCH value of 64.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:LAND.
Landis+Gyr Group AG Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | CHF1.95B | 54.72 | ― | 2.17% | 11.43% | 6.46% | |
71 Outperform | CHF122.08B | 28.74 | 31.76% | 1.52% | 1.93% | 11.14% | |
67 Neutral | CHF1.71B | -26.55 | ― | ― | -4.40% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | CHF1.26B | 33.61 | ― | 1.46% | -3.67% | -12.95% | |
61 Neutral | CHF2.43B | 34.42 | 8.55% | 1.96% | -2.06% | -58.53% | |
52 Neutral | CHF1.44B | -2.99 | -32.43% | 2.22% | -32.13% | -386.99% |
* Industrials Sector Average
CH:LAND
Landis+Gyr Group AG
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Landis+Gyr Group AG Corporate Events
Landis+Gyr Posts Strong Q3, Confirms Outlook and Advances EMEA Exit and US Listing Plans
Jan 28, 2026
Landis+Gyr reported a strong third quarter for its 2025 financial year, with group revenue rising 39% year-on-year to USD 278.7 million and adjusted gross margin improving to 33.2% on the back of favourable product mix and operating leverage, whil...
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.