Latest news with #SchindlerHoldingAG
Business Insider
27-05-2025
- Business
- Business Insider
Schindler Holding AG (SHLAF) Receives a Sell from Goldman Sachs
Goldman Sachs analyst Daniela Costa maintained a Sell rating on Schindler Holding AG (SHLAF – Research Report) on May 23 and set a price target of CHF234.00. The company's shares closed last Thursday at $355.45. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Costa is a 5-star analyst with an average return of 10.0% and a 62.55% success rate. Schindler Holding AG has an analyst consensus of Hold, with a price target consensus of $347.64. SHLAF market cap is currently $38.19B and has a P/E ratio of 36.04.
Yahoo
21-04-2025
- Business
- Yahoo
Schindler Holding AG (SHLAF) (Q4 2024) Earnings Call Highlights: Record Net Profit Amidst ...
Revenue: Declined 2.2% in local currencies for the full year 2024. EBIT Margin: Improved by 100 basis points to 11.3% for the year. Net Profit: Reached CHF 1 billion, a record for Schindler. Operating Cash Flow: CHF 1.6 billion for the year. Dividend: Proposed CHF 6 per share for 2024. Order Intake: Grew by 1.6% in local currencies in Q4 2024. Service and Modernization Growth: High single-digit growth in local currencies. China Revenue: Declined by over 20% in Q4 2024. Net Liquidity: CHF 3.7 billion at year-end. Share Buyback Program: CHF 42 million worth of shares bought back by year-end. Warning! GuruFocus has detected 4 Warning Sign with BOM:505714. Release Date: February 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Schindler Holding AG (SHLAF) achieved its 2024 outlook despite severe market headwinds, particularly in China. The company reported an EBIT margin improvement of 100 basis points compared to 2023, indicating strong operational efficiency. Schindler's service and modernization segments grew high single digits in local currencies, showcasing the resilience of its business model. The rollout of the standardized modular platform is progressing well, with successful implementation in key markets like Europe, India, and Brazil. Schindler reported a record net profit of over CHF1 billion in 2024, with strong cash flow generation allowing for increased shareholder distributions. The new installation market, particularly in China, faced significant declines, impacting overall revenue growth. Currency headwinds negatively affected financial performance, reducing order intake, revenue, and operating profits by over 3%. Revenue for the final quarter of 2024 was disappointing, with a decline of 3.5% in Swiss francs and 2.2% in local currencies. The order backlog was flat compared to the previous year, with a 2.2% decline in local currencies, indicating challenges in new installations. The Chinese market continues to pose challenges with a more than 10% expected decline in new installations for 2025, affecting overall growth prospects. Q: What are the most profound changes at Schindler over the past three years that position the company for the future? A: Paolo Compagna, CEO, highlighted the recreation of the product platform in new installations, the launch of a strong product base for modernization, and significant investments in the team as the most impactful changes. These efforts focus on people, products, and processes, setting a foundation for profitable growth. Q: Can you discuss the expectations for sales growth in 2025, given the low single-digit forecast and the current backlog situation? A: Paolo Compagna explained that the growth plan focuses on profitable growth across new installations, modernization, and service, with modernization and service playing a larger role. The growth will primarily come from the Americas and Europe, with China contributing in modernization and service. Q: How have margin improvements been distributed across product segments and regions? A: Paolo Compagna noted that margin improvements are more about market performance, particularly in the Americas and Europe, with significant contributions from modernization and existing installations. Carla De Geyseleer, CFO, added that efficiencies and procurement savings have also played a strong role in profitability across segments. Q: What is Schindler's exposure to potential tariffs from the US to NAFTA, China, and Europe? A: Paolo Compagna stated that Schindler's operations in the US are largely self-contained, with over 90% of production and procurement occurring domestically. This minimizes the impact of potential tariffs, and the company benefits from its US-based operations. Q: How have connected units impacted conversion rates, retention, and recaptures in 2024? A: Paolo Compagna highlighted that connected units significantly improve portfolio retention and customer service. The impact is evident in countries with higher connectivity levels, leading to better portfolio protection, customer retention, and additional digital service revenues. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
The recent CHF1.9b market cap decrease is likely to have disappointed insiders invested in Schindler Holding AG (VTX:SCHN)
Schindler Holding's significant insider ownership suggests inherent interests in company's expansion 52% of the business is held by the top 5 shareholders Institutions own 23% of Schindler Holding Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of Schindler Holding AG (VTX:SCHN) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 43% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And following last week's 6.7% decline in share price, insiders suffered the most losses. In the chart below, we zoom in on the different ownership groups of Schindler Holding. See our latest analysis for Schindler Holding Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Schindler Holding. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Schindler Holding's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Schindler Holding. Alfred Schindler is currently the largest shareholder, with 21% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 21% and 3.4%, of the shares outstanding, respectively. To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. It seems insiders own a significant proportion of Schindler Holding AG. It is very interesting to see that insiders have a meaningful CHF12b stake in this CHF27b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public, who are usually individual investors, hold a 34% stake in Schindler Holding. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. While it is well worth considering the different groups that own a company, there are other factors that are even more important. I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph . If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
08-04-2025
- Business
- Yahoo
The recent CHF1.9b market cap decrease is likely to have disappointed insiders invested in Schindler Holding AG (VTX:SCHN)
Schindler Holding's significant insider ownership suggests inherent interests in company's expansion 52% of the business is held by the top 5 shareholders Institutions own 23% of Schindler Holding Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. A look at the shareholders of Schindler Holding AG (VTX:SCHN) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are individual insiders with 43% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And following last week's 6.7% decline in share price, insiders suffered the most losses. In the chart below, we zoom in on the different ownership groups of Schindler Holding. See our latest analysis for Schindler Holding Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Schindler Holding. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Schindler Holding's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in Schindler Holding. Alfred Schindler is currently the largest shareholder, with 21% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 21% and 3.4%, of the shares outstanding, respectively. To make our study more interesting, we found that the top 5 shareholders control more than half of the company which implies that this group has considerable sway over the company's decision-making. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. It seems insiders own a significant proportion of Schindler Holding AG. It is very interesting to see that insiders have a meaningful CHF12b stake in this CHF27b business. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public, who are usually individual investors, hold a 34% stake in Schindler Holding. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. While it is well worth considering the different groups that own a company, there are other factors that are even more important. I always like to check for a history of revenue growth. You can too, by accessing this free chart of historic revenue and earnings in this detailed graph . If you would prefer discover what analysts are predicting in terms of future growth, do not miss this free report on analyst forecasts . NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
20-02-2025
- Business
- Yahoo
We Like Schindler Holding's (VTX:SCHN) Earnings For More Than Just Statutory Profit
Schindler Holding AG's (VTX:SCHN) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some analysis to find out why and believe that investors might be missing some encouraging factors contained in the earnings. See our latest analysis for Schindler Holding Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful measure of how well a company's profit is backed up by free cash flow (FCF) during a given period. In plain english, this ratio subtracts FCF from net profit, and divides that number by the company's average operating assets over that period. This ratio tells us how much of a company's profit is not backed by free cashflow. Therefore, it's actually considered a good thing when a company has a negative accrual ratio, but a bad thing if its accrual ratio is positive. That is not intended to imply we should worry about a positive accrual ratio, but it's worth noting where the accrual ratio is rather high. Notably, there is some academic evidence that suggests that a high accrual ratio is a bad sign for near-term profits, generally speaking. Schindler Holding has an accrual ratio of -0.40 for the year to December 2024. That indicates that its free cash flow quite significantly exceeded its statutory profit. In fact, it had free cash flow of CHF1.5b in the last year, which was a lot more than its statutory profit of CHF950.0m. Schindler Holding's free cash flow improved over the last year, which is generally good to see. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Happily for shareholders, Schindler Holding produced plenty of free cash flow to back up its statutory profit numbers. Because of this, we think Schindler Holding's underlying earnings potential is as good as, or possibly even better, than the statutory profit makes it seem! And the EPS is up 15% annually, over the last three years. At the end of the day, it's essential to consider more than just the factors above, if you want to understand the company properly. Obviously, we love to consider the historical data to inform our opinion of a company. But it can be really valuable to consider what other analysts are forecasting. So feel free to check out our free graph representing analyst forecasts. This note has only looked at a single factor that sheds light on the nature of Schindler Holding's profit. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
