Forbo Holding AG
SIX:FORN

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Forbo Holding AG
SIX:FORN
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Price: 716 CHF -0.69%
Market Cap: CHf1B

P/E

14.7
Current
3%
More Expensive
vs 3-y average of 14.3

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
14.7
=
Market Cap
CHf1B
/
Net Income
CHf68.9m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
14.7
=
Market Cap
CHf1B
/
Net Income
CHf68.9m

Valuation Scenarios

Forbo Holding AG is trading above its 3-year average

If P/E returns to its 3-Year Average (14.3), the stock would be worth CHf692.16 (3% downside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-3%
Maximum Upside
+45%
Average Upside
18%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 14.7 CHf716
0%
3-Year Average 14.3 CHf692.16
-3%
5-Year Average 14.8 CHf719.99
+1%
Industry Average 18.8 CHf914.72
+28%
Country Average 21.4 CHf1 040.61
+45%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
CHf1B
/
Jan 2026
CHf68.9m
=
14.7
Current
CHf1B
/
Dec 2026
CHf78.6m
=
13.2
Forward
CHf1B
/
Dec 2027
CHf93.9m
=
11.1
Forward
CHf1B
/
Dec 2028
CHf102.7m
=
10.1
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Lower than 79% of companies in Switzerland
Percentile
21st
Based on 909 companies
21st percentile
14.7
Low
0.2 — 16.5
Typical Range
16.5 — 29.9
High
29.9 —
Distribution Statistics
Switzerland
Min 0.2
30th Percentile 16.5
Median 21.4
70th Percentile 29.9
Max 546

Forbo Holding AG
Glance View

Forbo Holding AG, a Swiss conglomerate with roots stretching back over a hundred years, has successfully refined the art of transforming raw materials into sophisticated solutions. Known primarily for its two main divisions, Flooring Systems and Movement Systems, Forbo has established itself as a leader in the production of commercial and residential flooring, as well as high-performance conveyor and transmission systems. The Flooring Systems division is particularly renowned for its linoleum—a natural product made from renewable materials like linseed oil, cork, and wood flour—which appeals to environmentally conscious markets. Through its diverse offerings that range from vinyl and textile floor coverings to entrance flooring systems, Forbo caters to a wide spectrum of customers, including the residential, office, public transportation, and healthcare sectors. This diversity not only broadens its customer base but also stabilizes revenue streams across various economic cycles. The Movement Systems segment, under the brand name Siegling, is another pivotal pillar of Forbo's operations. This division specializes in the manufacture of conveyor and processing belts, modular belts, timing belts, and flat belts that are fundamental to sectors such as manufacturing, logistics, and food production. By focusing on industries with global reach and continuous demand, Forbo ensures a steady flow of income bolstered by its innovative solutions and customized applications. Coupled with a robust global distribution network, these business strategies enable Forbo to weave its products deeply into the fabric of various industrial and consumer applications worldwide, making it a formidable player in the global market. Through investment in research and development, Forbo not only maintains its competitive edge but also sets industry standards, continuously adapting to technological advancements and shifting market demands.

FORN Intrinsic Value
1 265.43 CHF
Undervaluation 43%
Intrinsic Value
Price CHf716
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