COMET Holding AG (COTN) AI Stock Analysis

• Market Cap: CHF1.56B
• Dividend Yield: 0.75%
• Average Volume (3M): 37.91K
• Price to Earnings (P/E): 40.1
• Beta (1Y): 1.35
• Revenue Growth: 27.24%
• EPS Growth: 122.39%
• Country: CH
• Employees: 1,810
• Sector: Services
• Sector Strength: N/A
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1.01
• Shares Outstanding: 7,773,966
• 10 Day Avg. Volume: 32,209
• 30 Day Avg. Volume: 37,905
• PEG Ratio: 0.43
• Price to Book (P/B): 5.93
• Price to Sales (P/S): 4.33
• P/FCF Ratio: 51.90
• 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: CHF264.33
• Price Target Upside: 31.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 65 Neutral
• Price Target: CHF222.00 ▲(10.45% Upside)

COMET Holding AG's overall stock score reflects strong financial performance and short-term bullish technical indicators. However, the high P/E ratio suggests overvaluation, and the lack of earnings call data or notable corporate events limits additional insights. The company needs to focus on maintaining consistent growth and stability to enhance its stock attractiveness.

Positive Factors

Revenue Growth

The consistent revenue growth highlights the company's ability to expand its market presence and increase sales across its segments, indicating a strong demand for its products and services.

Cash Generation

The improvement in free cash flow demonstrates enhanced operational efficiency and financial health, providing the company with greater flexibility for investments and debt management.

Profitability

Improved profitability margins indicate effective cost management and operational efficiency, enhancing the company's ability to generate profits and sustain long-term growth.

Negative Factors

Asset Management

The decline in assets and equity suggests challenges in asset management, which could impact the company's ability to leverage its resources effectively for growth.

Market Volatility

The fluctuations in revenue and margins indicate susceptibility to market volatility, which could affect the company's stability and predictability of earnings.

Cash Flow Volatility

Volatility in cash flows can hinder the company's ability to plan and execute long-term investments, potentially affecting its growth trajectory and financial stability.

COMET Holding AG Business Overview & Revenue Model

Company Description

COMET Holding AG (COTN) is a Swiss-based technology company specializing in the development and production of high-performance components and systems for various industries, including electronics, healthcare, and aerospace. The company operates through three main segments: X-Ray Systems, Plasma Control Technologies, and Industrial X-Ray and Testing. COMET is known for its innovative solutions that enhance efficiency and precision in manufacturing and quality control processes.

How the Company Makes Money

COMET Holding AG generates revenue primarily through the sale of its core products and services across its three business segments. The X-Ray Systems segment produces advanced X-ray equipment used in non-destructive testing and inspection, which is essential for quality assurance in manufacturing. The Plasma Control Technologies segment offers solutions for semiconductor manufacturing that improve process efficiency and yield, capitalizing on the growing demand for semiconductors. The Industrial X-Ray and Testing segment provides tailored solutions for industrial applications, contributing to revenue through equipment sales and service contracts. Significant partnerships with key players in the electronics and aerospace industries enhance COMET's market reach and revenue potential. Additionally, recurring revenue streams are generated from maintenance contracts and after-sales services, which provide ongoing support to customers and contribute to stable cash flows.

COMET Holding AG Financial Statement Overview

Summary

COMET Holding AG demonstrated strong revenue growth and improved profitability metrics such as gross and net profit margins. The balance sheet reflects a strong equity position and manageable debt levels, while cash flows show a positive turnaround. Despite these strengths, past volatility and asset reductions indicate the need for consistent growth and stability.

Income Statement

COMET Holding AG demonstrated strong revenue growth over the past year with a 12.04% increase from 2023 to 2024. Gross profit margins improved to 43.34%, indicating efficient cost management. The net profit margin significantly improved to 7.89% in 2024, showcasing enhanced profitability. EBIT and EBITDA margins also showed robust performance at 8.58% and 14.47% respectively, reflecting solid operational performance. However, compared to 2022, there has been a decline in revenue and margins, signaling potential volatility in the market.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of 0.30, reflecting a manageable level of debt. Return on equity increased to 10.79%, indicating improved profitability relative to shareholder equity. The equity ratio stands at 61.27%, showing a strong equity position. While these figures demonstrate good financial health, the reduction in total assets and stockholders' equity from 2022 to 2024 highlights potential instability in asset management.

Cash Flow

COMET Holding AG saw a notable turnaround in free cash flow, growing significantly from negative in 2023 to a positive $37.18M in 2024. The operating cash flow to net income ratio of 1.42 indicates strong cash generation relative to net income. However, fluctuations in cash flows and capital expenditures in prior years suggest some volatility in cash management and investment activities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	483.20M	445.36M	397.45M	586.39M	513.72M	395.82M
Gross Profit	204.73M	193.10M	162.93M	261.63M	222.80M	157.57M
EBITDA	67.36M	64.42M	41.41M	113.55M	99.07M	54.69M
Net Income	38.92M	35.12M	15.39M	78.11M	67.44M	27.66M
Balance Sheet
Total Assets	498.41M	531.17M	473.58M	569.94M	491.89M	441.15M
Cash, Cash Equivalents and Short-Term Investments	93.00M	113.74M	86.71M	125.94M	115.53M	74.68M
Total Debt	93.36M	97.61M	95.51M	97.87M	79.41M	81.82M
Total Liabilities	190.26M	205.73M	177.49M	238.41M	216.91M	226.20M
Stockholders Equity	308.14M	325.44M	296.09M	331.53M	274.98M	214.96M
Cash Flow
Free Cash Flow	33.33M	37.18M	-4.16M	40.00M	55.82M	41.71M
Operating Cash Flow	51.15M	49.96M	22.26M	63.23M	69.01M	55.27M
Investing Cash Flow	-18.73M	-8.55M	-22.84M	-22.67M	-12.94M	-15.47M
Financing Cash Flow	-18.31M	-16.79M	-33.85M	-28.00M	-15.52M	-24.48M

COMET Holding AG Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 201.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:COTN, the sentiment is Neutral. The current price of 201 is below the 20-day moving average (MA) of 201.41, above the 50-day MA of 189.40, and below the 200-day MA of 230.00, indicating a neutral trend. The MACD of 3.85 indicates Negative momentum. The RSI at 55.01 is Neutral, neither overbought nor oversold. The STOCH value of 53.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CH:COTN.

COMET Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IFCN	73 Outperform	CHF2.44B	27.12	―	2.10%	-0.84%	-8.41%
SKAN	67 Neutral	CHF1.23B	75.75	―	0.74%	-3.45%	-49.82%
COTN	65 Neutral	CHF1.56B	40.12	―	0.75%	27.24%	122.39%
SENS	58 Neutral	€969.69M	55.35	6.04%	―	40.00%	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%

COMET Holding AG Corporate Events

Comet Holding AG Reports Strong H1 2025 Sales Growth Amid Market Uncertainties

Comet Holding AG reported a 20% increase in net sales for the first half of 2025, driven by strong demand in the PCT division, particularly for AI applications. Despite the sales growth, profitability was impacted by currency effects and product mix. The company revised its full-year forecast due to macroeconomic and geopolitical uncertainties affecting the semiconductor industry, projecting net sales between CHF 460 million and CHF 500 million. Comet continues to invest in R&D and expansion to meet future demand, while making strategic adjustments to align with market conditions.

The most recent analyst rating on (CH:COTN) stock is a Buy with a CHF274.00 price target. To see the full list of analyst forecasts on COMET Holding AG stock, see the CH:COTN Stock Forecast page.