DKSH DKSH.SW
SwitzerlandIndustrials · Consulting ServicesSIX Swiss Exchange · CHF
73.50 CHF (+5.5%)
8 analysts
XTB1.00 €affiliateOpen account ↗
Interactive Brokers7.04 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗Interactive Brokers7.04 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
DKSH is a Swiss market expansion services group that provides distribution, logistics, and B2B services for consumer, healthcare, and technology companies in Asia, acting as an external partner for their entry and growth in the region.
Listed on SIX Swiss Exchange · Symbol DKSH.SW · SWX: DKSH · Currency CHF
Key points
from its scores- ✓Favourable backdrop8.1
- ✓Good share-price trend7.4
- !Average business quality5.0
- !Moderate growth5.4
AI analysis
bottom line, main risk, context and newsFundamentals are stable and momentum is positive, but the thin margin and exposure to emerging markets limit the potential for short-term re-rating.
DKSH presents a solid financial profile with low debt (ND/EBITDA of 0.70) and earnings growth of 17.70%, although its operating margin is thin (2.83%) and revenue is slightly declining (-0.90%). Valuation is reasonable (P/E 21.38) and momentum is strong (95th percentile in 52 weeks), but exposure to Asian emerging markets adds a governance risk that moderates its appeal.
The main risk is the concentration of revenue in Asian emerging markets, where regulatory or commercial instability could affect DKSH's operations and profitability.
Context and risks
DKSH operates in Asian emerging markets, where institutional quality and minority shareholder protection are weaker than in Switzerland. Its B2B distribution and services business depends on regulatory and commercial stability in these jurisdictions, adding a moderate governance risk.
Is DKSH stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Industrials median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 21.4 | 25.4 | −16% |
| EV / EBITDA | 13.2 | 14.5 | −9% |
| Price / book | 2.6 | 4.1 | −35% |
| Price / sales | 0.4 | 2.1 | −80% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.2 out of 10 (median for Industrials: 5.0).
Average analyst target: 73.50 CHF, +5.5% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- P/E
- 21.4
- Forward P/E
- 17.3
- EV / EBITDA
- 13.2
- Price / book
- 2.6
- Price / sales
- 0.4
- PEG
- 0.98
- Market cap
- 4.5B CHF
- Enterprise value
- 4.9B CHF
Profitability
- ROE
- 12.6%
- ROA
- 3.7%
- ROIC (approx.)
- 12.6%
- Gross margin
- 7.9%
- Operating margin
- 2.8%
- Net margin
- 1.9%
- Free cash flow
- 237.3M CHF
- FCF yield
- 5.2%
- Cash conversion
- 64%
Solvency
- Total debt
- 762.5M CHF
- Net debt
- 258.8M CHF
- Cash
- 503.7M CHF
- EBITDA
- 368.8M CHF
- Net debt / EBITDA
- 0.70
- Debt / equity
- 43.01
- Current ratio
- 1.38
- Quick ratio
- 0.92
Growth
- Revenue growth
- −0.9%
- Earnings growth
- +17.7%
- EPS (TTM)
- 3.26 CHF
- EPS (forward)
- 4.02 CHF
Dividend
- Dividend yield
- 3.6%
- Payout
- 76.7%
Risk and market
- Beta
- 0.42
- Analyst consensus
- Buy (8)
- Target price
- 73.50 CHF
- 52-week range
- 52.90 – 70.60
Recent news
All DKSH.SW news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about DKSH
Is DKSH stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Industrials median (within 15%). Valuation score: 6.2 out of 10 (median for Industrials: 5.0). Average analyst target: 73.50 CHF, +5.5% versus the price. This is not investment advice.
What score does DKSH get on MeridIAn Screener?
It scores 6.2 out of 10, rank 799 of 2,130 (better than 60% of the companies analysed). Its strongest category is Risk & Context (8.1) and its weakest, Quality / Moat (5.0). Analysis of 08/10/2026.
What is DKSH's P/E ratio?
Its P/E is 21.4: the share price equals 21.4 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 17.3.
How much is DKSH worth on the stock market?
Its market capitalisation is 4.5B CHF and its enterprise value, debt included, is 4.9B CHF.
How much debt does DKSH have?
Its net debt (debt minus cash) is 258.8M CHF. That is 0.70 times its EBITDA; the Industrials median is 1.58.
Does DKSH pay a dividend?
Yes: its dividend yield is 3.59% and it pays out 77% of its earnings.
How has DKSH stock performed over the last year?
It has risen 33.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 52.90 and 70.60 CHF. Past performance does not guarantee future results.
What do analysts think of DKSH?
8 analysts cover it; their average recommendation is “Buy” and their average target is 73.50 CHF (+5.5% versus the price). It is an estimate, not market data.