Energy ManagementHVAC ServicesSmart MetersIndustrial AutomationSmart EnergySensorsSmart BuildingEnergy Efficiency
Description
BELIMO Holding AG, together with its subsidiaries, develops, produces, distributes, and sells damper actuators, control valves, sensors, and meters for heating, ventilation, and air conditioning systems in Europe, the Middle East, Africa, the America…
Analysis
Hope premium
BELIMO Holding AG is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is expensive. The owner-earnings multiple stands at 81.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 25% a year, against analyst forecasts of 12%. The market is pricing in far more than analysts expect: heroic expectations.
Growth is solid; the safety picture is sturdy. The company scores 18/20 on our value-creation score: strong value creator.
Flags to be aware of: Some accounting patterns deserve a closer look. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202337
77
202320242026
All-time high
77
Jun 2026
All-time low
32
Jan 2024
Average rank
54
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
1
—
1
5
Price/Earnings
3
—
5
9
Price/Book
1
—
1
6
Dividend Yield
31
—
55
63
Value (overall)
1
—
5
13
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.