-1.60%
8.66%
-3.66%
-21.70%
-3.77%
-5.64%
123.66%
AI Spotlight on COTN
Company Description
Comet Holding AG, together with its subsidiaries, provides X-ray and radio frequency (RF) power technology solutions in Switzerland, Germany, the rest of Europe, North America, China, Japan, the rest of Asia, and internationally.It operates through Plasma Control Technologies, X-Ray Systems, and Industrial X-Ray Modules divisions.The Plasma Control Technologies division develops, manufactures, and markets vacuum capacitors, RF generators, and RF impedance matching networks for the high-precision control of plasma processes required in the production of memory chips and flat panel displays.
The X-Ray Systems division develops, manufactures, and markets X-ray systems and related services for non-destructive examination using X-ray and microfocus technology, and computed tomography.The Industrial X-Ray Modules division develops, manufactures, and markets compact X-ray sources and portable X-ray modules for non-destructive examination, steel metrology, and security inspection.The company offers its products under the Comet and Yxlon brand names.
It serves electronics, automotive, aerospace, energy, semiconductor, and security sectors.Comet Holding AG was founded in 1948 and is headquartered in Flamatt, Switzerland.
Market Data
| Last Price | 276 |
| Change Percentage | -1.60% |
| Open | 281.5 |
| Previous Close | 280.5 |
| Market Cap ( Millions) | 2145 |
| Volume | 14643 |
| Year High | 389 |
| Year Low | 234 |
| M A 50 | 263.75 |
| M A 200 | 310.64 |
Financial Ratios
| FCF Yield | 0.92% |
| Dividend Yield | 0.36% |
| ROE | 5.88% |
| Debt / Equity | 32.44% |
| Net Debt / EBIDTA | 29.80% |
| Price To Book | 7.19 |
| Price Earnings Ratio | 122.93 |
| Price To FCF | 108.67 |
| Price To sales | 5.65 |
| EV / EBITDA | 51.75 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Plasma Control Technologies
Expected Growth : 8.38 %
What the company do ?
Plasma Control Technologies from Comet Holding AG enables precise control of plasma processes, ensuring high-quality surface modification and etching in semiconductor manufacturing.
Why we expect these perspectives ?
Comet Holding AG's Plasma Control Technologies segment growth of 8.38% is driven by increasing demand for plasma-based solutions in semiconductor manufacturing, rising adoption of IoT devices, and growing need for advanced plasma etch and deposition technologies in display and memory applications.
Segment n°2 -> X-Ray Systems
Expected Growth : 7.77 %
What the company do ?
Comet Holding AG's X-Ray Systems provide high-quality, non-destructive testing solutions for inspecting materials and components in various industries.
Why we expect these perspectives ?
Comet Holding AG's X-Ray Systems segment growth of 7.77% is driven by increasing demand for digital radiography systems, rising adoption of AI-powered imaging solutions, and growing need for precise diagnostic tools in healthcare. Additionally, expanding applications in non-destructive testing and security inspection contribute to the segment's growth.
Segment n°3 -> Industrial X-Ray Modules
Expected Growth : 8.37 %
What the company do ?
Industrial X-Ray Modules from Comet Holding AG are high-performance, compact, and reliable X-ray sources for non-destructive testing and inspection applications.
Why we expect these perspectives ?
Comet Holding AG's Industrial X-Ray Modules segment growth of 8.37% is driven by increasing demand for non-destructive testing in aerospace, automotive, and electronics industries. Growing adoption of Industry 4.0 technologies, rising need for quality control, and expanding applications in additive manufacturing and battery inspection also contribute to this growth.
Comet Holding Ag Products
| Product Range | What is it ? |
|---|---|
| X-Ray Tubes | Comet Holding AG designs and manufactures X-ray tubes for a wide range of applications, including medical, industrial, and security inspection. |
| X-Ray Sources | Comet Holding AG offers a range of X-ray sources, including high-voltage and low-voltage X-ray generators, for various applications. |
| Dental X-Ray Systems | Comet Holding AG provides dental X-ray systems for dental clinics and hospitals, offering high-quality imaging solutions. |
| Industrial X-Ray Systems | Comet Holding AG designs and manufactures industrial X-ray systems for non-destructive testing and inspection. |
| CT Scanners | Comet Holding AG offers computed tomography (CT) scanners for industrial and medical applications. |
| Radiation-Based Sterilization | Comet Holding AG provides radiation-based sterilization solutions for medical devices, pharmaceuticals, and food products. |
Comet Holding AG's Porter Forces
Threat Of Substitutes
Comet Holding AG operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the increasing competition from new market entrants.
Bargaining Power Of Customers
Comet Holding AG has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's products are specialized, making it difficult for customers to switch to alternative suppliers.
Bargaining Power Of Suppliers
Comet Holding AG relies on a few key suppliers for critical components, which gives them some bargaining power. However, the company's long-term relationships with suppliers and its ability to negotiate prices mitigate this risk.
Threat Of New Entrants
The threat of new entrants is high due to the growing demand for specialized products and the relatively low barriers to entry in the industry. New entrants could potentially disrupt the market and challenge Comet Holding AG's market share.
Intensity Of Rivalry
The intensity of rivalry in the industry is moderate, with a few established players competing for market share. Comet Holding AG's strong brand reputation and product differentiation help to mitigate the intensity of rivalry.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 17.61% |
| Debt Cost | 3.95% |
| Equity Weight | 82.39% |
| Equity Cost | 12.11% |
| WACC | 10.67% |
| Leverage | 21.38% |
Comet Holding AG : Quality Control
Comet Holding AG passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| SXS.L | Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through Malvern Panalytical, HBK, Omega and Industrial Solutions segments. The Malvern Panalytical segment provides measurement and materials characterization … |
| IFCN.SW | INFICON Holding AG develops instruments for gas analysis, measurement, and control in the Asia-Pacific, Europe, North America, and internationally. It offers leak detectors, service tools for HVAC/R and automotive, chemical … |
| RSW.L | Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services metrology and healthcare products worldwide. The company offers co-ordinate measuring machine (CMM) products, machine tool probe … |
| FN | Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities … |
| MELE.BR | Melexis NV designs, develops, tests, and markets advanced integrated semiconductor devices primarily for the automotive industry in Europe, the Middle-East, Africa, the Asia Pacific, and North and Latin America. The … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Renishaw
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