Geberit AG (GEBN) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Geberit AG stock CHF 303, price CHF 591, that is 48.6% below the price, quality 78 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range CHF 371.71 – CHF 685.69 · fair‑value band CHF 216.68 – CHF 417.49 · the CHF 590.80 price screens above the CHF 303.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry.
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It offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and interior fittings; and piping systems comprising building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.
The company also provides bathroom system products that include bathroom ceramics, furniture, showers, bathtubs, taps and controls, and shower toilets.
It operates in Germany, Switzerland, Benelux, Italy, Austria, Central Europe, Western Europe, Northern Europe, Eastern Europe, the United States, the Middle East, Africa, Far East, and the Pacific.
The company sells its products to wholesalers, plumbers, architects, and sanitary engineers under the Geberit brand name. Geberit AG was founded in 1874 and is headquartered in Rapperswil-Jona, Switzerland.
Stock analysis
Geberit AG (GEBN) currently trades at CHF 590.80, while our model-based Fair Value estimate is CHF 303.40, 49% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of CHF 303.40 per share, and 0 of the 24 models we run sit above the CHF 590.80 price.
Bear case: the Economic Profit group reads lowest at CHF 115.78, and 24 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: CHF 216.68 (bear) to CHF 417.49 (bull), the price of CHF 590.80 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 78/100 (high quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Geberit AG reported revenue of CHF 3.2B in FY2025 versus CHF 3.5B in FY2021, a compound −2.2%/yr. Reported net income was CHF 598M in FY2025, compounding −5.7%/yr from FY2021.
Key figures
Market cap CHF 19.4B Large · P/E ratio 31.3 · P/S ratio 6.06 · EPS (TTM) CHF 18.86 · Dividend yield 2.2% · Net margin 19.4% · Return on equity 54.1% · Return on assets (EBIT) 22.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 85 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −26% fair-value upside, at −49%, GEBN screens richer than that median.
Fair Value models
BearCHF 216.68Fair Value CHF 303.40BullCHF 417.49
Price CHF 590.80 · Downside -48.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (CHF 5.06 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+2.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.2%
Start year 2020 (pandemic). Over 10 years: +2.0% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+2.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.1%
Dividend (yield on the price)2.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.0.1% vs 3.1%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.26% → 29%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+15.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (Switzerland: IMF forecast 0.6% a year to 2030, 0.8% from 2016 to 2025) that is about +14.4% a year for the price and +3.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (44 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Geberit sustains solid margins through volume growth and pricing that offsets higher material costs, yet its main weakness remains the limited public data supporting a durable competitive advantage.
Main risk: Low-cost Asian manufacturers could enter the piping segment more aggressively and force Geberit to cut prices or lose share in plumbing systems.
Bull case: Geberit could strengthen its position by emphasising system integration, installer training and premium quality to retain customers despite cheaper alternatives.
Bear case: If low-cost rivals gain traction, Geberit might face sustained margin pressure and reduced volumes in key piping products.
Geberit achieved strong volume growth in the first half despite a challenging construction environment, with price hikes helping offset sharply higher direct material costs and hold the EBITDA margin at the prior-year level. Reported sales faced headwinds from currency moves, yet the company sticks to its full-year local-currency growth guidance. Will sustained volumes and pricing power continue to counter rising input costs and the typically weaker second half?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Building Products & Equipment · 254 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score78 · Top 25%
Fair Value upside−48.6% · Bottom 25%
Profitability
Return on equity (12 months)54.1% · Top 25%
Return on assets15.5% · Top 25%
Net margin (12 months)19.4% · Top 25%
Operating margin (12 months)24.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)6.5% · Above median
Dividend yield (12 months)2.2% · Above median
Balance sheet
Debt / equity0.72× · Highest 25%
Valuation Multiplesvs Building Products & Equipment median · lower = cheaper
P/E (12 months)31.3× · Pricier than median
P/B12.81× · Priciest 25%
P/S (12 months)6.06× · Priciest 25%
Price / free cash flow (fiscal year)28.7× · Pricier than median
EV/EBITDA21.6× · Priciest 25%
PEG3.28× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 14
FUTURE (revenue growth)33· sector 25
PAST (return on equity)100· sector 24
HEALTH (low debt)64· sector 95
DIVIDEND (yield)44· sector 43
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Geberit AG Fair Value". https://www.fairvalue-calculator.com/stock/GEBN
Frequently asked questions
Is Geberit AG (GEBN) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of CHF 303.40 versus a price of CHF 590.80, about 49% lower (overvalued).
What is the fair value of GEBN?
Our model-based fair value for Geberit AG is CHF 303.40 (as of Nov 4, 2026), built from audited fundamentals. The current price: CHF 590.80.
What is the quality score of GEBN?
Geberit AG has a Quality Score of 78/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Geberit AG (GEBN)?
Our model-based price target is the fair value of CHF 303.40 (as of Nov 4, 2026) from 24 valuation models. Cautious scenario CHF 216.68, optimistic scenario CHF 417.49. It is a calculation from audited fundamentals, not an analyst target.
What is the Geberit AG stock forecast for 2026?
Our models put fair value at CHF 303.40, about 49% lower versus a price of CHF 590.80 (overvalued). Cautious scenario CHF 216.68, optimistic scenario CHF 417.49. The calculation is refreshed regularly with new filings.
What is the revenue of Geberit AG (GEBN)?
Geberit AG reported trailing-twelve-month revenue of about CHF 3.2B (latest available figure, as of Nov 4, 2026).
Does Geberit AG pay a dividend?
Geberit AG currently shows a dividend yield of 2.18% relative to its recent price (as of Nov 4, 2026).
What growth is priced into Geberit AG (GEBN)?
For today's price to be fair in a discounted-cash-flow model, Geberit AG would have to grow free cash flow by +15.1 % per year for five years (discount rate 9.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.2 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of GEBN use?
Our models discount Geberit AG at 9.1 %: a base by market capitalisation (large), damped by beta 1.04, country premium for Switzerland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Geberit AG that is +15.1 % per year a year over ten years, using the same discount rate (9.1 %) and the same formula as our fair value.
How much growth has Geberit AG (GEBN) delivered so far?
Over the past 5 years revenue at Geberit AG grew +1.2 % a year. The price currently implies +15.1 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Geberit AG (GEBN) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Geberit AG (+15.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Geberit AG (GEBN)?
The free-cash-flow yield on the price is 3.49 %: that much free cash flow Geberit AG produces per unit of market value. When it exceeds the discount rate of our models (9.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Geberit AG (GEBN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Geberit AG it is CHF 303.40 per share (as of Nov 4, 2026), against a price of CHF 590.80. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Geberit AG stock overvalued or undervalued in 2026?
As of Nov 4, 2026, GEBN trades above its calculated fair value: price CHF 590.80, fair value CHF 303.40, a gap of about −49% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of GEBN?
No. The price is what the market pays today (CHF 590.80); the fair value is what the company's own numbers justify (CHF 303.40). For Geberit AG the two are CHF 287.40 per share apart. That gap is exactly why we show both numbers side by side.
How much is Geberit AG worth?
The market values Geberit AG at about CHF 19.4B (market capitalisation, as of Nov 4, 2026). Per share that is CHF 590.80; our models calculate a fair value of CHF 303.40 per share.
What do the bullish and bearish scenarios say about GEBN?
Our models span a range for Geberit AG: cautious scenario CHF 216.68, base CHF 303.40, optimistic CHF 417.49 per share (as of Nov 4, 2026, price CHF 590.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of GEBN?
Geberit AG trades at a price-to-earnings ratio of 31.3 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of CHF 303.40 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 29.7. Other multiples: PEG 3.3, P/B 12.8, P/S 6.1, EV/EBITDA 21.6.
What is the PEG ratio of GEBN?
The PEG ratio of Geberit AG is 3.28 (P/E divided by earnings growth, as of Nov 4, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Geberit AG (GEBN)?
Balance-sheet figures for Geberit AG (as of Nov 4, 2026): return on equity 54.1%, debt of 0.72 per unit of equity. They feed the Quality Score of 78/100, which measures business quality independently of the share price.
How far is GEBN from its 52-week high?
Geberit AG trades at CHF 590.80, about 7% below its 52-week high of CHF 638.63 and 20% above the low of CHF 493.40 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 303.40 is for.
Which stocks are comparable to Geberit AG?
From the same area (Industrials) we also value Johnson Controls International plc, Trane Technologies plc, Carrier Global Corporation, Compagnie de Saint-Gobain S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Geberit AG stock attractive at the current price?
The data as of Nov 4, 2026: price CHF 590.80, calculated fair value CHF 303.40 (−49%), Quality Score 78/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of GEBN calculated?
We run Geberit AG through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of CHF 303.40, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Geberit AG itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Geberit AG (GEBN)?
The closing price on Nov 5, 2026 was CHF 590.80. Our model-based fair value is CHF 303.40, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Geberit AG right now?
A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (CHF 417.49). The favourable scenario is already priced in. A fairly wide model range (CHF 216.68 to CHF 417.49) leaves room in how you read the outcome.
Where does the earnings growth of Geberit AG (GEBN) come from?
Earnings per share at Geberit AG grew +3.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.8 %, EBIT margin +1.5 %, tax rate −0.7 %, residual (interest, one-offs) −0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Geberit AG
How large is the market capitalisation of Geberit AG (GEBN)?
The market capitalisation of Geberit AG is CHF 19.4B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Geberit AG (GEBN)?
The price-to-sales ratio of Geberit AG is 6.06 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Geberit AG (GEBN)?
Earnings per share at Geberit AG are CHF 18.86 (price ÷ EPS = P/E 31.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Geberit AG (GEBN)?
The dividend yield of Geberit AG is 2.2% (payout 68.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Geberit AG (GEBN)?
The net margin of Geberit AG is 19.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Geberit AG (GEBN)?
The return on equity (ROE) of Geberit AG is 54.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Geberit AG (GEBN)?
On an EBIT basis the return on assets of Geberit AG is 22.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Geberit AG (GEBN)?
The operating margin of Geberit AG is 24.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Geberit AG (GEBN)?
Revenue at Geberit AG is growing +6.5% versus a year earlier (3y avg −2.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Geberit AG (GEBN)?
Earnings per share at Geberit AG are growing +12.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Geberit AG (GEBN) carry?
The net debt of Geberit AG is CHF 769M (fiscal year 2025, ≈ 1.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 4, 2026