Aebi Schmidt Holding AG (AEBI) stock analysis
Close on Nov 11, 2026Market cap $829.97MP/E 26.7Yield 1.59%
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed9 of 30 checks passed
Aebi Schmidt passes 9 of the 30 checks behind our score; 11 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 4/6
- Growth
- 1/6
- Past performance
- 0/6
- Financial health
- 1/6
- Dividend
- 3/6
What stands out
Margin of safety over 20%
The price is 20.5% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $10.70 is below our fair value estimate of $13.46.
P/E below the industry
Aebi Schmidt's P/E of 26.7 is below the Construction, Mining, and Materials Handling median of 29.1.
Covered by free cash flow
Dividends take 38.8% of free cash flow.
What to watch
Return on capital under 10%
Return on invested capital was 4.8%, below the 10% that usually covers the cost of capital.
High debt
Debt is 70.4% of shareholders' equity, above the 40% we consider low.
Interest not well covered
Operating income covers interest expense 2.1 times; we look for at least 5.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 5.4% of total debt; we look for at least 20%.
Valuation4/6
P/E against its history
Not enough price and earnings history to compare.
P/E below the industry
Aebi Schmidt's P/E of 26.7 is below the Construction, Mining, and Materials Handling median of 29.1.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B below the industry
Aebi Schmidt's price-to-book of 0.99 is below the Construction, Mining, and Materials Handling median of 1.38.
Trading below fair value
The share price of $10.70 is below our fair value estimate of $13.46.
Margin of safety over 20%
The price is 20.5% below fair value, more than the 20% cushion we look for.
Growth1/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 52.2% over the last twelve months; the Construction, Mining, and Materials Handling median is 10.4%.
Guidance issued
The latest outlook (full-year 2026 Net Sales, Aug 13, 2026) was issued for the first time, so it neither adds nor takes away points.
Gross margin slipping
Gross margin was 19.2% over the last twelve months, against 20.2% a year earlier.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on capital under 10%
Return on invested capital was 4.8%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
Aebi Schmidt's return on equity of 3.7% is below the Construction, Mining, and Materials Handling median of 4.5%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin below the industry
Aebi Schmidt's net margin of 1.6% is below the Construction, Mining, and Materials Handling median of 2.6%.
Financial health1/6
High debt
Debt is 70.4% of shareholders' equity, above the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 5.4% of total debt; we look for at least 20%.
Interest not well covered
Operating income covers interest expense 2.1 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 2.08 times current liabilities.
Bankruptcy risk in the grey zone
The Altman Z-score is 1.90; above 3 is the safe zone and below 1.8 the distress zone.
Dividend3/6
Pays a dividend
Aebi Schmidt paid dividends worth 1.2% of the share price over the last twelve months.
Yield below Treasuries
The 1.2% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Aebi Schmidt yields 1.2%.
Dividend stability
Fewer than five years of dividend history.
Covered by earnings
Dividends take 25.1% of net income.
Covered by free cash flow
Dividends take 38.8% of free cash flow.
Fair value
How we estimate itOur estimate per share
$13.46
The share price is 21% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 29.1× | – | 29.1× | $11.64 | 47% |
| EV/EBITDA | 11.1× | – | 11.1× | $15.12 | 41% |
| P/B | 1.4× | – | 1.4× | $14.93 | 12% |
| Earnings powerleft out, too far from the others | 12.1% cost of equity | – | – | $2.43 | – |
| Fair value | $13.46 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Construction, Mining, and Materials Handling median 29.1
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $3.00M
- Value traded per 1% price move
- $2.00M
Downside
High risk
- Typical loss in a bad month
- 33.9%
- Volatility (annualized)
- 50%
- Sharpe ratio, 1 year
- -0.09
- Beta to the S&P 500 (5Y)
- 1.44
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2022 to 2025
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +40.6% | – | – | – | |
| Gross profit | +33.2% | – | – | – | |
| Operating income | +6.7% | – | – | – | |
| Net income | -68.3% | – | – | – | |
| EPS, diluted | -77.6% | – | – | – | |
| Dividend per share | +112.5% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2022 | FY2022 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | – | – | 1.90 | |
| Debt to equity | – | – | 0.73 | |
| Net debt to EBITDA | – | – | 4.23× | |
| Interest coverage | – | – | 1.7× | |
| Capex to revenue | – | – | 0.9% | |
| Diluted shares | – | – | 59M |
Cash use needs five years of cash flow figures
Aebi Schmidt does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.6% | 0.99× | 2.62× | 1.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$9.74M
- Cash generatingOperating cash flow above zero$8.97M
- Return on assets improvedROA up on the prior year– → 0.9%
- Earnings backed by cashOperating cash flow above net income$8.97M vs $9.74M
- Less leverageLong-term debt to assets fell34.6% → 27.3%
- Better liquidityCurrent ratio rose1.94 → 1.90
- No dilutionShare count did not rise40M → 59M
- Gross margin improvedGross margin up on the prior year21.02% → 19.92%
- More efficientAsset turnover rose– → 1.40
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