
187.20 CHF (+19.4%)
5 analysts
What does it do?
Sulzer is a Swiss industrial company that manufactures and maintains pumping, mixing, separation, and coating application equipment for sectors such as oil and gas, water, energy, and chemicals.
Listed on SIX Swiss Exchange · Symbol SUN.SW · SWX: SUN · Currency CHF
Key points
from its scores- ✓Attractive dividend7.0
- ✕Weak growth4.3
- !Average business quality5.7
- !Weak share-price trend5.8
AI analysis
bottom line, main risk, context and newsSulzer is a quality industrial company with a solid balance sheet and an attractive dividend, but its lack of revenue growth and weak free cash flow generation limit upside potential.
Sulzer shows solid financial health (ND/EBITDA of 0.68) and high return on equity (ROE 24.71%), although its revenue growth is negative (-4.10%) and cash conversion is weak (12.89%), which weighs on its quality and growth. Valuation is reasonable (P/E 17.66) and the dividend is well covered (payout 53.49%).
The main risk is the weak cash conversion (12.89%), which could limit the capacity for investment and shareholder returns in the medium term.
Context and risks
Sulzer, based in Switzerland, operates in a stable institutional environment with strong minority protection, so the governance penalty is mild. The main contextual risk is its exposure to global industrial markets, which could be affected by trade and tariff tensions, although its geographic diversification mitigates this impact.
Is Sulzer stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 28% below the Industrials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 17.7 | 25.4 | −31% |
| EV / EBITDA | 10.9 | 14.5 | −25% |
| Price / book | 4.0 | 4.1 | −0% |
| Price / sales | 1.5 | 2.1 | −26% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.0 out of 10 (median for Industrials: 5.0).
Average analyst target: 187.20 CHF, +19.4% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 6.7 (sector 6.4), Growth 4.3 (sector 6.6).
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
- 17.7
- Forward P/E
- 14.6
- EV / EBITDA
- 10.9
- Price / book
- 4.0
- Price / sales
- 1.5
- PEG
- 2.00
- Market cap
- 5.3B CHF
- Enterprise value
- 5.7B CHF
Profitability
- ROE
- 24.7%
- ROA
- 6.0%
- ROIC (approx.)
- 16.9%
- Gross margin
- 35.1%
- Operating margin
- 12.2%
- Net margin
- 8.7%
- Free cash flow
- 67.5M CHF
- FCF yield
- 1.3%
- Cash conversion
- 13%
Solvency
- Total debt
- 1.2B CHF
- Net debt
- 358.5M CHF
- Cash
- 843.3M CHF
- EBITDA
- 523.5M CHF
- Net debt / EBITDA
- 0.68
- Debt / equity
- 90.64
- Current ratio
- 1.30
- Quick ratio
- 1.01
Growth
- Revenue growth
- −4.1%
- Earnings growth
- +8.3%
- EPS (TTM)
- 8.88 CHF
- EPS (forward)
- 10.77 CHF
Dividend
- Dividend yield
- 3.0%
- Payout
- 53.5%
Risk and market
- Beta
- 0.84
- Analyst consensus
- Buy (5)
- Target price
- 187.20 CHF
- 52-week range
- 121.60 – 180.60
Recent news
All SUN.SW news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Sulzer
Is Sulzer stock cheap or expensive?
On P/E and EV / EBITDA, it trades 28% below the Industrials median on average. Valuation score: 6.0 out of 10 (median for Industrials: 5.0). Average analyst target: 187.20 CHF, +19.4% versus the price. This is not investment advice.
What score does Sulzer get on MeridIAn Screener?
It scores 6.0 out of 10, rank 1,023 of 2,130 (better than 51% of the companies analysed). Its strongest category is Dividend (7.0) and its weakest, Growth (4.3). Analysis of 08/10/2026.
What is Sulzer's P/E ratio?
Its P/E is 17.7: the share price equals 17.7 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 14.6.
How much is Sulzer worth on the stock market?
Its market capitalisation is 5.3B CHF and its enterprise value, debt included, is 5.7B CHF.
How much debt does Sulzer have?
Its net debt (debt minus cash) is 358.5M CHF. That is 0.68 times its EBITDA; the Industrials median is 1.58.
Does Sulzer pay a dividend?
Yes: its dividend yield is 3.03% and it pays out 53% of its earnings.
How has Sulzer stock performed over the last year?
It has risen 18.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 121.60 and 180.60 CHF. Past performance does not guarantee future results.
What do analysts think of Sulzer?
5 analysts cover it; their average recommendation is “Buy” and their average target is 187.20 CHF (+19.4% versus the price). It is an estimate, not market data.
