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Bucher Industries AG (BUCN) Fair Value & Analysis

Industrials · CH · Market cap CHF 3.1B

BI Bucher Industries AG BUCN · SW
PriceCHF 314.50
Fair ValueCHF 407.10
Upside+29.4%
Quality67/100
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Weak Growth
Thin margins · 8.1% net margin
Low debt · generates free cash flow
3.48% dividend yield
Ranks above peers (12/15)
Moderate moat 45/100
Evidence: High Range CHF 308.32 – CHF 508.87 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 25 days ago

Share price +0.8% over the past month.

A solid business, screening 29% undervalued on our models.

What matters now

  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from CHF 308.32 (bear) to CHF 508.87 (bull), base CHF 407.10. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 67/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

CHF 430.38 CHF 265.94 Fair Value CHF 407.10 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range CHF 265.94 – CHF 430.38 · fair‑value band CHF 308.32 – CHF 508.87 · the CHF 314.50 price screens below the CHF 407.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Bucher Industries AG (BUCN) currently trades at CHF 314.50, while our model-based Fair Value estimate is CHF 407.10, implying the stock looks roughly 29.4% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Bucher Industries AG generated revenue of CHF 2.9B at a net margin of 8.1%. Revenue declined 3.8% year over year. It earns a return on equity of 12.8%. The balance sheet holds a net cash position of CHF 437M. Fundamentals as of Jul 16, 2026

Our scenario range runs from CHF 308.32 (bear case) to CHF 508.87 (bull case); at CHF 314.50, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 21% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 29%, BUCN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF CHF 360.10 CHF 456.57 CHF 625.48 80
Residual Income CHF 171.83 CHF 204.92 CHF 389.25 76
Rev-Margin DCF CHF 269.86 CHF 357.04 CHF 470.11 74
All 24 models by family
DCF Models
FCF DCF CHF 349.25 CHF 448.60 CHF 638.32 38
Owner Earnings CHF 271.36 CHF 345.27 CHF 486.42 31
5Y Revenue Exit CHF 269.86 CHF 350.91 CHF 471.16 39
5Y EBITDA Exit CHF 318.35 CHF 433.30 CHF 588.61 41
5Y P/E Exit CHF 362.25 CHF 507.88 CHF 684.92 38
10Y Revenue Exit CHF 294.13 CHF 368.42 CHF 450.84 36
10Y EBITDA Exit CHF 328.16 CHF 421.59 CHF 525.70 37
10Y P/E Exit CHF 354.52 CHF 469.71 CHF 587.09 35
Earnings-Based
Graham-Dodd CHF 162.84 CHF 272.55 CHF 331.43 54
EPV CHF 178.97 CHF 200.12 CHF 218.37 59
Dividend Discount
Gordon GGM CHF 100.68 CHF 123.48 CHF 146.98 70
DDM Multi-Stage CHF 100.68 CHF 132.95 CHF 171.41 61
Multiples
P/E Multiple CHF 377.16 CHF 502.88 CHF 628.60 63
P/S Multiple CHF 305.32 CHF 407.10 CHF 508.87 58
P/B Multiple CHF 305.32 CHF 407.10 CHF 508.87 55
EV/EBIT CHF 308.77 CHF 396.68 CHF 484.60 53
EV/EBITDA CHF 338.81 CHF 436.74 CHF 534.67 54
EV/Revenue CHF 233.26 CHF 313.94 CHF 394.61 43
Asset-Based
NCAV (Graham) CHF 91.41 CHF 122.49 CHF 182.82 50
Growth DCF
Growth DCF CHF 360.10 CHF 456.57 CHF 625.48 80
Rev-Margin DCF CHF 269.86 CHF 357.04 CHF 470.11 74
Economic Profit
Residual Income CHF 171.83 CHF 204.92 CHF 389.25 76
ROIC Compounder CHF 178.97 CHF 202.37 CHF 227.79 72
Growth Earnings
Growth-Adj P/E CHF 266.33 CHF 380.47 CHF 494.61 68

Widest divergence: DCF Models (CHF 421.59) versus Asset-Based (CHF 122.49). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) CHF 2.9B
Revenue growth (YoY) -3.8%
Net margin 8.1%
Return on equity 12.8%
Free cash flow CHF 311M FY2025
P/E ratio 13.7
More key figures
Operating margin 3.8%
EPS (TTM) CHF 23.23
Dividend yield 3.5%
EPS growth (YoY) +13.7%
Net cash CHF 437M FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 68 · Market factors (momentum, volatility) 40

Profitability 54
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 89
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Bucher Industries AG manufactures and sells machinery, systems, and hydraulic components for harvesting, producing and packaging food products, and keeping roads and public spaces clean and safe in Asia, the United States, Europe, and internationally.

Full company description

Bucher Industries AG manufactures and sells machinery, systems, and hydraulic components for harvesting, producing and packaging food products, and keeping roads and public spaces clean and safe in Asia, the United States, Europe, and internationally. The company operates through five divisions: Kuhn Group, Bucher Municipal, Bucher Hydraulics, Bucher Emhart Glass, and Bucher Specials. The Kuhn Group division manufactures and sells specialized agricultural machinery for tillage, planting and seeding, nutrient management and crop protection, hay and forage harvesting, and livestock bedding and feeding, as well as landscape maintenance. The Bucher Municipal division supplies vehicles and equipment for cleaning and clearing operations on public and private roads and other traffic areas. The Bucher Hydraulics division offers electronic and hydraulic components; and manufactures advanced electrohydraulic systems. The Bucher Emhart Glass division supplies advanced technologies for manufacturing and inspection of glass containers. The Bucher Specials division offers equipment to produce wine, fruit juice, beer, and instant products; and distributes tractors and specialized agricultural machineries, as well as provides automation solutions. Bucher Industries AG was founded in 1807 and is based in Niederweningen, Switzerland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bucher Industries AG reported revenue of CHF 2.9B in FY2025 versus CHF 3.2B in FY2021, a compound −2.1%/yr. Reported net income was CHF 235M in FY2025, compounding −3.0%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
CHF 2.9B
Latest YoY
−7.7%
Avg. growth/yr (3Y)
−6.8%
Avg. growth/yr (5Y)
+1.2%
Avg. growth/yr (23Y)
+3.0%
Revenue −2.1%/yr
FY21 CHF 3.2B
FY22 CHF 3.6B
FY23 CHF 3.6B
FY24 CHF 3.2B
FY25 CHF 2.9B
Net income −3.0%/yr
FY21 CHF 266M
FY22 CHF 331M
FY23 CHF 352M
FY24 CHF 227M
FY25 CHF 235M

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Cite: Fair Value Calculator (2026). "Bucher Industries AG Fair Value". https://www.fairvalue-calculator.com/stock/BUCN

Peer Group

Specialty Industrial Machinery · 809 stocks

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.

Quality Score 67 · Top 25%
Fair Value upside +29% · Top 25%
Return on equity (TTM) 13% · Above median
Return on assets 5% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 4% · Below median
Revenue growth -4% · Below median
Dividend yield (TTM) 3.5% · Top 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 13.7× · Cheaper than 75% of peers
P/B 2.15× · Cheaper than median
P/S (TTM) 1.32× · Cheaper than median
P/FCF 12.4× · Pricier than median
EV/EBITDA 10.7× · Cheaper than median
PEG 1.64× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 73 · sector 0
FUTURE 0 · sector 23
PAST 51 · sector 28
HEALTH 99 · sector 96
DIVIDEND 70 · sector 24

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
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Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Bucher Industries AG (BUCN) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of CHF 407.10 versus a price of CHF 314.50, about +29% (undervalued).
What is the fair value of BUCN?
Our model-based fair value for Bucher Industries AG is CHF 407.10 (as of Jul 16, 2026), built from audited fundamentals. The current price is CHF 314.50.
What is the quality score of BUCN?
Bucher Industries AG has a Quality Score of 67/100. 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 revenue of Bucher Industries AG (BUCN)?
Bucher Industries AG reported trailing-twelve-month revenue of about CHF 2.9B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of BUCN?
The net profit margin of Bucher Industries AG is about 8.1%, meaning it keeps roughly 8.1% of revenue as net income. Based on the latest reported figures.
Does Bucher Industries AG pay a dividend?
Bucher Industries AG currently shows a dividend yield of about 3.50% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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