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IMPN.SW$60.50+3.32%
Fair $60.50+0.0%

IMPN.SW

Implenia AG

Industrials / Engineering & ConstructionSwiss

$60.50

+2.00 (+3.32%)

Fairly Valued+0.0%Fair Value $60.50Fund rank 23/100 · Data gapFallback financials|
SA 33/D
F-Score: 4/9
Declining Revenue

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 15%

FCF escenarios

weak_data · normalized FCF $-37.5M · quality 31.0/100

Data gap 23/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 17/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

33/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 2 consecutive years
Thesis & Journal · IMPN.SWLocal privado en este navegador · Implenia AG
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.1B

P/E

13.4x

↓

EV/EBITDA

2.2x

↓

ROE

11.2%

↑

Gross Margin

45.9%

↑

Debt/Equity

N/A

•
52-Week Range$61
$48$83

TradingView lightweight chart

IMPN.SW price, volumen y niveles de valoración

Último $62.20Periodo +167.8%
Fair value: $60.50

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-0.6%

FCF CAGR

-3.3%

FCF margin

2.3%

FCF / Net income

0.97x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $3.47B · net income $83.6M · FCF $80.8M

2022-FY → 2025-FY

Gross margin

45.9%+6.0% pts

Operating margin

2.0%-0.8% pts

Net margin

2.4%-0.6% pts

FCF margin

2.3%-0.2% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$3.47B$3.47B$3.56B$3.60B$3.54B
Net Income$83.6M$83.6M$92.4M$141.0M$104.8M
EBITDA$270.4M$270.4M$243.9M$231.0M$236.8M
EPS——5.007.575.59
Gross Margin45.9%45.9%43.7%41.6%39.9%
Operating Margin2.0%2.0%2.3%2.9%2.8%
Net Margin2.4%2.4%2.6%3.9%3.0%
Balance Sheet
Current Ratio1.231.23———
Cash Flow
Free Cash Flow$80.8M$80.8M$-37.5M$-90.1M$89.4M
Returns
ROE11.2%11.2%14.2%24.8%22.0%
Valuation
P/E13.3613.366.293.757.12
EV/EBITDA2.162.160.730.210.58
P/B1.491.490.890.931.56
Growth & Yield
Revenue Growth-2.4%-2.4%-1.0%1.6%—
EPS Growth——-33.9%35.4%—
Dividend Yield2.3%2.3%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +27.1%

Total return

+27.1%

Start / end P/E

n/dx → n/dx

EPS bridge

5.00 → n/d

Residual

+24.9%

EPS growthn/d
Multiple reratingn/d
Dividend+2.3%
Residual / FX / buybacks / cross-term+24.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.