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⚠️ Not investment advice. Past performance does not guarantee future results.
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Givaudan GIVN.SW

Switzerland Basic Materials
5.2/10
AI Analyst score
3,443.00 CHF
Last price at analysis date · analyst target 3,470.24 (+0.8%)
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🟡 HOLD — Hold; business quality does not compensate for the demanding valuation and emerging regulatory risk.

Givaudan is the world's largest manufacturer of flavors and fragrances, selling ingredients and customized solutions to food, beverage, cosmetics, and home care companies. Givaudan shows solid financial health and quality (ROE 22.34%), but its valuation is demanding (P/E 33.52) and growth is negative, with an additional regulatory risk from a price collusion probe in India.

Financial health
5.7
Quality / Moat
6.4
Valuation
3.3
Growth
2.6
Dividend
5.6
Momentum
4.0
Risk & Context
7.4

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E33.52
Fwd P/E26.13
EV/EBITDA23.04
P/B7.22
P/S4.29
PEG4.60
Market cap31.78 B CHF
Enterprise value36.45 B CHF
🏰 Quality and moat
ROIC (approx.)15.0%
Gross margin43.73%
FCF conversion38%
Operating margin18.82%
📈 Profitability and margins
ROE22.34%
ROA7.08%
Net margin12.88%
FCF605.6 M CHF
FCF yield1.91%
🏦 Solvency and liquidity
Total debt4.91 B CHF
Net debt4.60 B CHF
Cash316.0 M CHF
EBITDA1.58 B CHF
Net debt / EBITDA2.91
D/E110.75
Current ratio1.29
Quick ratio0.74
🚀 Growth
Revenue growth-1.70%
Earnings growth-20.00%
EPS (TTM)102.72 CHF
EPS (Fwd)131.69 CHF
💰 Dividend and risk
Dividend yield2.09%
Payout70.1%
Beta0.66
Analyst consensusBuy (19)
Target price3,470.24 CHF
52-week range2,566.00 CHF – 3,592.00 CHF
⚠️ Main risk: The price collusion investigation in India could result in fines and damage the company's reputation in a high-growth market.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Givaudan is the world's largest manufacturer of flavors and fragrances, selling ingredients and customized solutions to food, beverage, cosmetics, and home care companies. Givaudan shows solid financial health and quality (ROE 22.34%), but its valuation is demanding (P/E 33.52) and growth is negative, with an additional regulatory risk from a price collusion probe in India.

Score by category

CategoryScore
Financial health5.7
Quality / Moat6.4
Valuation3.3
Growth2.6
Dividend5.6
Momentum4.0
Risk & Context7.4

OVERALL SCORE: 5.2/10

Context and risks

The price collusion investigation in India is a concrete regulatory risk that could result in fines and legal costs. Although the direct financial impact is uncertain, exposure to an emerging market with weak governance adds an additional penalty.

News considered in the analysis

  • Exclusive-India investigates fragrance giants over price collusion, document shows — Investigación regulatoria en India por presunta colusión de precios; si se confirma, podría conllevar multas y dañar la reputación en un mercado emergente clave.
  • Givaudan SA (GVDBF) (H1 2026) Earnings Call Highlights: Navigating Growth Amidst Market Challenges — La llamada de resultados del primer semestre sugiere una gestión activa de los desafíos del mercado, aunque sin detalles específicos de un impacto positivo material.
  • To Sell a Modern Cologne, Kenneth Cole and Joe Jonas Bet on Humor — Noticia de marketing de una marca de fragancias, sin impacto directo en los fundamentales de Givaudan.
  • FUPBY or GVDNY: Which Is the Better Value Stock Right Now? — Comparativa de valoración genérica sin información nueva sobre la empresa.
  • Fine Fragrance’s Sweet Smell of Success Lasts — Artículo de WWD que sugiere fortaleza sostenida en el segmento de fragancias finas, un área de alto margen para Givaudan.

Verdict: Hold; business quality does not compensate for the demanding valuation and emerging regulatory risk.

Main risk: The price collusion investigation in India could result in fines and damage the company's reputation in a high-growth market.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.