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Landis+Gyr Group

Landis+Gyr Group's net profit rose 21.7% yoy to USD -138 mil in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil with revenues of USD 1,449 mil in 2021, up by 21.7% and up by 2.9%, ...

Landis+Gyr Group's net profit rose 21.7% yoy to USD -138 mil in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil with revenues of USD 1,449 mil in 2021, up by 21.7% and up by 2.9%, ...

Landis+Gyr Group's price/earnings (P/E) fell 8.62% yoy to -14.1 in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group stock traded at USD 67.7 per share at the end 2021 translating into a market capitalization of USD 1,952 mil. Si...

Profit Statement 2023 2024 2025
Sales USD mil 1,697 1,808 1,944
Gross Profit USD mil 508 557 612
EBITDA USD mil 185 231 250
EBIT USD mil 92.2 136 180
Financing Cost USD mil 4.00 3.98 10.0
Pre-Tax Profit USD mil 88.2 132 170
Net Profit USD mil 63.5 97.0 125
Dividends USD mil 65.7 70.9 80.0
Balance Sheet 2023 2024 2025
Total Assets USD mil 2,305 2,385 2,469
Non-Current Assets USD mil 1,680 1,731 1,783
Current Assets USD mil 625 654 686
Working Capital USD mil 291 308 327
Shareholders' Equity USD mil 1,460 1,476 1,534
Liabilities USD mil 845 909 935
Total Debt USD mil 289 299 309
Net Debt USD mil 204 214 224
Ratios 2023 2024 2025
ROE % 4.44 6.61 8.31
ROCE % 3.27 4.84 6.03
Gross Margin % 29.9 30.8 31.5
EBITDA Margin % 10.9 12.8 12.9
EBIT Margin % 5.43 7.52 9.26
Net Margin % 3.74 5.37 6.43
Net Debt/EBITDA 1.10 0.925 0.894
Net Debt/Equity % 13.9 14.5 14.6
Cost of Financing % 1.41 1.35 3.29
Valuation 2023 2024 2025
Market Capitalisation USD mil 1,736 1,736 1,736
Enterprise Value (EV) USD mil 1,940 1,950 1,960
Number Of Shares mil 28.8 28.8 28.8
Share Price USD 60.2 60.2 60.2
EV/EBITDA 10.5 8.44 7.84
EV/Sales 1.14 1.08 1.01
Price/Earnings (P/E) 27.4 17.9 13.9
Price/Book Value (P/BV) 1.19 1.18 1.13
Dividend Yield % 3.79 4.08 4.61

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overview Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                      
Sales USD mil     1,738 1,745 1,737 1,409 1,449        
Gross Profit USD mil     513 560 558 402 475        
EBIT USD mil     5.80 139 157 -160 -110        
Net Profit USD mil     0.929 111 124 -176 -138        
                         
ROE % ...   0.053 6.28 6.99 -9.88 -8.78        
EBIT Margin %     0.334 7.95 9.05 -11.4 -7.60        
Net Margin %     0.053 6.38 7.16 -12.5 -9.52        
Employees ... ... ... 5,915 5,611 5,768 5,000   ... ... ...
balance sheet                      
Total Assets USD mil     2,596 2,519 2,537 2,783 2,118        
Non-Current Assets USD mil     1,993 1,950 1,939 1,941 1,584        
Current Assets USD mil     603 569 598 841 534        
                         
Shareholders' Equity USD mil     1,754 1,791 1,763 1,806 1,339        
Liabilities USD mil     841 728 774 977 779        
Non-Current Liabilities USD mil     250 201 240 288 273        
Current Liabilities USD mil     592 527 534 688 506        
                         
Net Debt/EBITDA     1.04 0.474 0.566 -1.44 -6.38        
Net Debt/Equity %     6.12 6.17 8.29 5.74 13.7        
Cost of Financing % ...   2.88 3.43 4.20 2.23 0.824        
cash flow                      
Total Cash From Operations USD mil     131 132 156 142 117        
Total Cash From Investing USD mil     -41.9 -57.5 -33.0 -32.3 -131        
Total Cash From Financing USD mil     -34.2 -136 -9.92 -37.7 -154        
Net Change In Cash USD mil     55.4 -63.7 111 77.1 -169        
valuation                      
Market Capitalisation USD mil ... ... 2,350 1,612 3,067 2,295 1,952        
Enterprise Value (EV) USD mil ... ... 2,457 1,722 3,213 2,399 2,136        
Number Of Shares mil ... ... 29.5 29.5 29.5 29.2 28.8        
Share Price USD ... ... 79.6 54.6 104 78.6 67.7        
Price/Earnings (P/E) ... ... 2,529 14.5 24.7 -13.0 -14.1        
Price/Cash Earnings (P/CE) ... ... 45.4 10.3 18.6 -16.4 -19.0        
EV/EBITDA ... ... 23.9 7.39 12.4 -33.3 -74.2        
Price/Book Value (P/BV) ... ... 1.34 0.900 1.74 1.27 1.46        
Dividend Yield % ... ... 0 2.88 1.52 0 0        
income statement Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
income statement                      
Sales USD mil     1,738 1,745 1,737 1,409 1,449        
Cost of Goods & Services USD mil     1,224 1,185 1,179 1,006 974        
Gross Profit USD mil     513 560 558 402 475        
Selling, General & Admin USD mil     278 228 210 178 194 ... ... ... ...
Research & Development USD mil     164 158 156 152 157 ... ... ... ...
Other Operating Expense USD mil     -31.4 -62.6 -53.1 149 163 ... ... ... ...
Other Operating Cost (Income) USD mil     0 0 0 0 0 ... ... ... ...
EBITDA USD mil     103 233 258 -72.1 -28.8        
Depreciation USD mil ... ... 50.9 45.2 40.3 36.2 35.4        
EBIT USD mil     5.80 139 157 -160 -110        
Net Financing Cost USD mil     7.27 5.95 1.87 6.84 2.63        
Financing Cost USD mil     8.01 6.58 7.11 7.30 3.06        
Financing Income USD mil     0.735 0.630 5.24 0.460 0.311 ... ... ... ...
FX (Gain) Loss USD mil     -5.80 2.29 1.15 2.29 0.734 ... ... ... ...
Extraordinary Cost USD mil     0 0 0 0 0 ... ... ... ...
Pre-Tax Profit USD mil     7.36 149 158 -165 -108        
Tax USD mil     5.86 34.9 27.8 5.97 17.6        
Minorities USD mil     0.575 0.242 -0.042 -0.530 -0.024        
Net Profit USD mil     0.929 111 124 -176 -138        
Net Profit Avail. to Common USD mil     0.929 111 124 -176 -138        
Dividends USD mil     0 46.5 46.5 0 0        
growth rates                      
Total Revenue Growth % ...   6.09 0.432 -0.465 -18.9 2.90        
Operating Cost Growth % ...   -3.89 -17.0 -4.81 40.4 3.97 ... ... ... ...
EBITDA Growth % ...   3.32 127 10.7 -128 -60.1        
EBIT Growth % ...   15,788 2,294 13.3 -202 -31.4        
Pre-Tax Profit Growth % ...   -132 1,930 5.56 -205 -35.0        
Net Profit Growth % ...   -102 11,889 11.6 -242 -21.7        
ratios                      
ROE % ...   0.053 6.28 6.99 -9.88 -8.78        
ROA % ...   0.035 4.36 4.92 -6.63 -5.63        
ROCE % ...   0.040 4.95 5.56 -7.90 -6.79        
Gross Margin %     29.5 32.1 32.1 28.6 32.8        
EBITDA Margin %     5.93 13.4 14.9 -5.12 -1.99        
EBIT Margin %     0.334 7.95 9.05 -11.4 -7.60        
Net Margin %     0.053 6.38 7.16 -12.5 -9.52        
Payout Ratio %     0 41.7 37.4 0 0        
Cost of Financing % ...   2.88 3.43 4.20 2.23 0.824        
Net Debt/EBITDA     1.04 0.474 0.566 -1.44 -6.38        
balance sheet Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
balance sheet                      
Cash & Cash Equivalents USD mil     120 45.9 35.9 369 85.6        
Receivables USD mil     294 329 343 236 254        
Unbilled Revenues USD mil     27.8 40.8 36.8 33.0 43.3        
Inventories USD mil     133 139 156 149 123        
Other ST Assets USD mil     82.2 83.1 98.2 121 107        
Current Assets USD mil     603 569 598 841 534        
Property, Plant & Equipment USD mil     178 145 130 119 110        
LT Investments & Receivables USD mil     0 0 0 0 0        
Intangible Assets USD mil     1,764 1,710 1,663 1,620 1,253        
Goodwill USD mil     1,361 1,354 1,354 1,354 996        
Non-Current Assets USD mil     1,993 1,950 1,939 1,941 1,584        
Total Assets USD mil     2,596 2,519 2,537 2,783 2,118        
                         
Trade Payables USD mil     149 187 198 105 118        
Short-Term Debt USD mil     228 156 150 373 175        
Other ST Liabilities USD mil     172 177 172 201 204        
Current Liabilities USD mil     592 527 534 688 506        
Long-Term Debt USD mil     0 0 31.9 99.8 94.1        
Other LT Liabilities USD mil     250 237 247 223 206        
Non-Current Liabilities USD mil     250 201 240 288 273        
Liabilities USD mil     841 728 774 977 779        
Preferred Equity and Hybrid Capital USD mil     0 0 0 0 0        
Share Capital USD mil     1,784 1,717 1,610 1,610 1,463        
Treasury Stock USD mil ... ... ... 0.316 16.1 34.1 6.65        
Equity Before Minority Interest USD mil     1,752 1,788 1,761 1,805 1,337        
Minority Interest USD mil     2.73 2.70 2.15 1.22 1.25        
Equity USD mil     1,754 1,791 1,763 1,806 1,339        
growth rates                      
Total Asset Growth % ...   -6.78 -2.95 0.708 9.68 -23.9        
Shareholders' Equity Growth % ...   1.42 2.09 -1.57 2.44 -25.9        
Net Debt Growth % ...   -65.0 2.88 32.3 -29.0 76.9        
Total Debt Growth % ...   -30.7 -31.3 16.4 160 -43.1        
ratios                      
Total Debt USD mil     228 156 182 473 269        
Net Debt USD mil     107 110 146 104 184        
Working Capital USD mil     278 281 301 280 259        
Capital Employed USD mil     2,271 2,231 2,240 2,221 1,843        
Net Debt/Equity %     6.12 6.17 8.29 5.74 13.7        
Current Ratio     1.02 1.08 1.12 1.22 1.05        
Quick Ratio     0.701 0.711 0.709 0.879 0.671        
cash flow Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
cash flow                      
Net Profit USD mil     0.929 111 124 -176 -138        
Depreciation USD mil ... ... 50.9 45.2 40.3 36.2 35.4        
Non-Cash Items USD mil     33.8 -27.9 -2.88 188 197        
Change in Working Capital USD mil     -1.24 -45.4 -53.0 45.9 -14.9        
Total Cash From Operations USD mil     131 132 156 142 117        
                         
Capital Expenditures USD mil     -39.5 -37.4 -31.9 -26.8 -25.3        
Net Change in LT Investment USD mil     0 0 0 1.43 -1.32 ... ... ... ...
Net Cash From Acquisitions USD mil     -2.35 -20.0 -1.08 -6.99 -104 ... ... ... ...
Other Investing Activities USD mil     0 0 < -0.001 < -0.001 -2.10 ... ... ... ...
Total Cash From Investing USD mil     -41.9 -57.5 -33.0 -32.3 -131        
                         
Dividends Paid USD mil     0 -68.4 -94.0 -31.6 -97.6        
Issuance Of Shares USD mil     1.64 -8.21 -35.8 -9.22 0        
Issuance Of Debt USD mil     -54.2 -60.0 121 5.71 -56.5        
Other Financing Activities USD mil     18.5 0.453 -1.01 -2.57 -0.050 ... ... ... ...
Total Cash From Financing USD mil     -34.2 -136 -9.92 -37.7 -154        
                         
Effect of FX Rates USD mil     0.756 -2.59 -2.42 5.28 -0.683 ... ... ... ...
Net Change In Cash USD mil     55.4 -63.7 111 77.1 -169        
ratios                      
Days Sales Outstanding days     61.8 68.8 72.0 61.1 64.1        
Days Sales Of Inventory days     39.7 42.7 48.2 54.0 46.2        
Days Payable Outstanding days     44.5 57.5 61.2 37.9 44.4        
Cash Conversion Cycle days     57.0 54.0 59.0 77.2 65.9        
Cash Earnings USD mil ... ... 51.8 157 165 -140 -103        
Free Cash Flow USD mil     88.8 75.0 123 110 -14.1        
Capital Expenditures (As % of Sales) %     2.27 2.15 1.84 1.90 1.75        
other ratios Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                       
Employees ... ... ... 5,915 5,611 5,768 5,000   ... ... ...
Operating Cost (As % of Sales) %     29.2 24.1 23.1 40.0 40.4 ... ... ... ...
Research & Development (As % of Sales) %     9.45 9.06 9.00 10.8 10.8 ... ... ... ...
Effective Tax Rate %     79.6 23.3 17.6 -3.60 -16.3        
Total Revenue Growth (5-year average) % ... ... ... ... ... -2.05 -2.41        
Total Revenue Growth (10-year average) % ... ... ... ... ... ... ... ... ... ...  
valuation Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
                       
Market Capitalisation USD mil ... ... 2,350 1,612 3,067 2,295 1,952        
Enterprise Value (EV) USD mil ... ... 2,457 1,722 3,213 2,399 2,136        
Number Of Shares mil ... ... 29.5 29.5 29.5 29.2 28.8        
Share Price USD ... ... 79.6 54.6 104 78.6 67.7        
EV/EBITDA ... ... 23.9 7.39 12.4 -33.3 -74.2        
Price/Earnings (P/E) ... ... 2,529 14.5 24.7 -13.0 -14.1        
Price/Cash Earnings (P/CE) ... ... 45.4 10.3 18.6 -16.4 -19.0        
P/FCF ... ... 26.5 21.5 24.9 21.0 -138        
Price/Book Value (P/BV) ... ... 1.34 0.900 1.74 1.27 1.46        
Dividend Yield % ... ... 0 2.88 1.52 0 0        
Free Cash Flow Yield % ... ... 3.78 4.65 4.01 4.77 -0.723        
Earnings Per Share (EPS) USD ... ... 0.031 3.77 4.21 -6.04 -4.79        
Cash Earnings Per Share USD ... ... 1.76 5.31 5.58 -4.80 -3.56        
Free Cash Flow Per Share USD ... ... 3.01 2.54 4.17 3.75 -0.490        
Book Value Per Share USD ... ... 59.5 60.7 59.8 61.8 46.4        
Dividend Per Share USD ... ... 0 1.58 1.58 0 0        
EV/Sales ... ... 1.41 0.987 1.85 1.70 1.47        
EV/EBIT ... ... 424 12.4 20.4 -15.0 -19.4        
EV/Free Cash Flow ... ... 27.7 23.0 26.1 21.9 -151        
EV/Capital Employed ... ... 1.08 0.772 1.43 1.08 1.16        
Earnings Per Share Growth % ... ... ... 11,889 11.7 -243 -20.7        
Cash Earnings Per Share Growth % ... ... ... 202 5.18 -186 -25.8        
Book Value Per Share Growth % ... ... ... 2.09 -1.50 3.44 -24.9        

Get all company financials in excel:

Download Sample   $19.99

Landis+Gyr Group's price/earnings (P/E) fell 8.62% yoy to -14.1 in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group stock traded at USD 67.7 per share at the end 2021 translating into a market capitalization of USD 1,952 mil. Since the end of 2016, stock has appreciated by 0% representing an annual average growth of %. In absolute terms, the value of...

Landis+Gyr Group's ROCE rose 14.1% yoy to -6.79% in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil in 2021, up 21.7% compared to the previous year. Historically, between 2015 and 2021, the company's net profit reached a high of USD 124 mil in 2019 and a low of USD -176 mil in 2020. The result implies a...

Landis+Gyr Group's ROCE rose 14.1% yoy to -6.79% in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil in 2021, up 21.7% compared to the previous year. Historically, between 2015 and 2021, the company's net profit reached a high of USD 124 mil in 2019 and a low of USD -176 mil in 2020. The result implies a...

Landis+Gyr Group's Share Price fell 13.8% yoy to USD 67.7 in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group stock traded at USD 67.7 per share at the end 2021 implying a market capitalization of USD 1,952 mil. Since the end of 2016, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company ro...

Landis+Gyr Group's Share Price fell 13.8% yoy to USD 67.7 in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group stock traded at USD 67.7 per share at the end 2021 implying a market capitalization of USD 1,952 mil. Since the end of 2016, stock has appreciated by % implying an annual average growth of % In absolute terms, the value of the company ro...

Landis+Gyr Group's Net Margin rose 23.9% yoy to -9.52% in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil with revenues of USD 1,449 mil in 2021, up by 21.7% and up by 2.90%, respectively, compared to the previous year. This translates into a net margin of -9.52%. Historically, between 2015 and 2021, th...

Landis+Gyr Group's Net Margin rose 23.9% yoy to -9.52% in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group made a net profit of USD -138 mil with revenues of USD 1,449 mil in 2021, up by 21.7% and up by 2.90%, respectively, compared to the previous year. This translates into a net margin of -9.52%. Historically, between 2015 and 2021, th...

Landis+Gyr Group's Capital Expenditures rose 5.36% yoy to USD 25.3 mil in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group invested a total of USD 25.3 mil in 2021, down 5.36% compared to the previous year. Historically, between 2015 - 2021, the company's investments stood at a high of USD 41.5 mil in 2016 and a low of USD 25.3 mil in 2021. ...

Landis+Gyr Group's Capital Expenditures rose 5.36% yoy to USD 25.3 mil in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group invested a total of USD 25.3 mil in 2021, down 5.36% compared to the previous year. Historically, between 2015 - 2021, the company's investments stood at a high of USD 41.5 mil in 2016 and a low of USD 25.3 mil in 2021. ...

Landis+Gyr Group's Net Debt/EBITDA fell 343% yoy to -6.38 in 2021

By Helgi Library - September 21, 2022

Landis+Gyr Group's net debt stood at USD 184 mil and accounted for 13.7% of equity at the end of 2021. The ratio is up 7.97 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 21.3% in 2015 and a low of...

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Landis+Gyr Group Logo

Finance

Landis+Gyr Group has been growing its sales by 6.65% a year on average in the last 5 years. EBITDA has grown by 447% during that time to total of USD 250 mil in 2025, or 12.9% of sales. That’s compared to 8.56% average margin seen in last five years.

The company netted USD 125 mil in 2025 implying ROE of 8.31% and ROCE of 6.03%. Again, the average figures were 3.79% and 2.69%, respectively when looking at the previous 5 years.

Landis+Gyr Group’s net debt amounted to USD 224 mil at the end of 2025, or 14.6% of equity. When compared to EBITDA, net debt was 0.894x, up when compared to average of -0.388x seen in the last 5 years.

Valuation

Landis+Gyr Group stock traded at USD 60.2 per share at the end of 2025 resulting in a market capitalization of USD 1,736 mil. Over the previous five years, stock price fell by 23.4% or -5.19% a year on average. The closing price put stock at a 12-month trailing EV/EBITDA of 7.84x and price to earnings (PE) of 13.9x as of 2025.

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