IVF Hartmann

SWX:VBSN · CH0187624256

Health Care Equipment & SuppliesSmall

360

Medium confidence — indicative

Value65

Profit price50

Cash yield48

Owner Earnings Yield94

Dividend Yield1

Sales & asset price65

Price/Sales55

EV / Gross Profit84

Price/Book56

Quality56

Returns on capital80

Return on Capital75

Cash Return on Capital90

Return on Equity75

Profit margins74

EBIT Margin71

Gross Profitability76

Cash backing34

Cash Conversion11

Accruals15

Owner Earnings Margin77

Growth39

Sales growth86

Profit growth40

Profit Growth43

Long-Term EPS Growth20

Owner Earnings Growth58

Reinvestment59

Price momentum55

Safety69

Debt load100

Debt serviceability64

Refinancing28

Debt Payback100

Liquidity100

Sentiment39

Analyst ratings—

Expectations trend—

Market mood1

Value Creation14/20strong value creator

Creates more value than its capital costs
Owner earnings growing
Owner earnings per share growing
Reinvests at strong returns
Solid earnings base

What this means

IVF Hartmann generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryGermany

IndustryHealth Care Equipment & Supplies

SizeSmall

TypePublic Company

ExchangeSWX

ISINCH0187624256

Last UpdateApr 2, 2026

Indices

SPI (Switzerland)

Themes

Fast-Moving Consumer Goods

Description

Analysis

Middle-of-the-road

IVF Hartmann Holding AG is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 16.3× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone.

The trajectory is tepid and the balance sheet is sturdy. The company scores 14/20 on our value-creation score: strong value creator. Analyst sentiment is cautious.

What to watch: 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

20232026

All-time high

Jan 2023

All-time low

Mar 2026

Average rank

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023

Price/Sales

—

Price/Earnings

—

Price/Book

—

Dividend Yield

—

Value (overall)

—

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View

1 · Watch OutGood· 100

Value

1 · ExpensiveGood Value· 100

Quality

1 · Weak FundamentalsHigh Quality· 100

Growth

1 · Tough TimesHigh Growth· 100

Safety

1 · High LeverageWell-Financed· 100

Sentiment

1 · SkepticismPositive· 100

Learn More →