Obermatt

Flags

Earnings warning

Lindt & Sprüngli

SWX:LISN · CH0010570759
Food ProductsSmall

360

58
EV / EBIT13
Price / Owner Earnings34
Owner Earnings Yield46
Dividend Yield36
Price/Sales5
EV / Gross Profit46
Price/Book10
Return on Capital75
Cash Return on Capital80
Return on Equity63
EBIT Margin88
Gross Profitability85
Cash Conversion4
Accruals16
Owner Earnings Margin86
Sales growth46
Profit Growth93
Long-Term EPS Growth57
Owner Earnings Growth73
Reinvestment25
Price momentum14
Debt load70
Refinancing34
Debt Payback69
Liquidity82
Analyst ratings18
Opinion Changes64
Price Target Upside60
Market mood90
Value Creation20/20strong value creator
  • 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

Lindt & Sprüngli generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountrySwitzerland
IndustryFood Products
SizeSmall
TypePublic Company
ExchangeSWX
Employees2,484
ISINCH0010570759
Last UpdateApr 2, 2026
Themes
Fast-Moving Consumer Goods

Description

Chocoladefabriken Lindt & Sprüngli AG is a prestigious Swiss company recognized globally as a master chocolatier. The company specializes in the production of high-quality chocolate and confectionery products, which have become beloved by consumers a…

Analysis

Hope premium

Chocoladefabriken Lindt & Sprüngli AG is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 33.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 13% a year, against analyst forecasts of 7%. The gap between price and consensus is worth watching: demanding expectations.

Growth is moderate; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

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
23
2023202420252026

All-time high

78

Nov 2025

All-time low

17

Mar 2026

Average rank

53

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
5
1
1
1
Price/Earnings
8
13
3
5
Price/Book
10
3
7
7
Dividend Yield
36
14
10
12
Value (overall)
8
1
4
4

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 →