Obermatt

Forbo

SWX:FORN · CH0003541510
Building ProductsMedium

360

62
EV / EBIT79
Price / Owner Earnings47
Owner Earnings Yield71
Dividend Yield69
Price/Sales67
EV / Gross Profit70
Price/Book56
Return on Capital55
Cash Return on Capital65
Return on Equity55
EBIT Margin39
Gross Profitability73
Cash Conversion15
Accruals19
Owner Earnings Margin45
Sales growth25
Profit Growth55
Long-Term EPS Growth12
Owner Earnings Growth59
Reinvestment19
Price momentum32
Debt load78
Refinancing81
Debt Payback100
Liquidity88
Analyst ratings28
Opinion Changes50
Price Target Upside51
Market mood51
Value Creation12/20creating some value
  • 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

Forbo clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySwitzerland
IndustryBuilding Products
SizeMedium
TypePublic Company
ExchangeSWX
Employees94
ISINCH0003541510
Last UpdateApr 2, 2026
Themes
Injection MoldingBuilding MaterialManufacturing

Description

Forbo Holding AG engages in the producing and sells the floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions. Business Segments The company operates through two primary segments such as flooring s…

Analysis

Middle-of-the-road

Forbo Holding AG sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is fair. The owner-earnings multiple stands at 18.1×; owner earnings: the cash an owner could take out each year.

Growth is tepid; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: 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
66
2023202420252026

All-time high

92

Mar 2026

All-time low

32

Jan 2024

Average rank

57

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
67
36
30
28
Price/Earnings
48
67
58
45
Price/Book
56
40
34
24
Dividend Yield
69
70
57
29
Value (overall)
75
51
47
21

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 →