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Geberit AG (GEBN) Fair Value & Analysis

Industrials · CH · Market cap CHF 17.2B

GA Geberit AG GEBN · SW
PriceCHF 563.40
Fair ValueCHF 307.66
Upside-45.4%
Quality69/100
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Weak Growth
Solidly profitable · 19.2% net margin
Moderate debt · generates free cash flow
Trails peers (5/15)
Wide moat 85/100
Evidence: High Range CHF 208.89 – CHF 414.20 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Jul 16, 2026, revised from CHF 307.25 to CHF 307.66 (+0.1%) since Jun 24, 2026. Share price +6.0% over the past month.

A solid business, but screening 45% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (CHF 414.20). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (CHF 208.89 to CHF 414.20) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

CHF 685.69 CHF 371.71 Fair Value CHF 307.66 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 371.71 – CHF 685.69 · fair‑value band CHF 208.89 – CHF 414.20 · the CHF 563.40 price screens above the CHF 307.66 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

Geberit AG (GEBN) currently trades at CHF 563.40, while our model-based Fair Value estimate is CHF 307.66, implying the stock looks roughly 45.4% overvalued today. We read business quality at 69/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Geberit AG generated revenue of CHF 3.2B at a net margin of 19.2%. Revenue declined 0.6% year over year. It earns a return on equity of 42.4%. Net debt stands at CHF 769M. Fundamentals as of Jul 16, 2026

Our scenario range runs from CHF 208.89 (bear case) to CHF 414.20 (bull case); at CHF 563.40, the current price sits above 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 13% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at -45%, GEBN screens richer 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 205.89 CHF 287.84 CHF 400.26 80
Residual Income CHF 108.93 CHF 133.55 CHF 606.87 76
Rev-Margin DCF CHF 162.35 CHF 244.98 CHF 333.02 74
All 24 models by family
DCF Models
FCF DCF CHF 198.66 CHF 285.00 CHF 408.31 38
Owner Earnings CHF 172.85 CHF 248.78 CHF 357.21 31
5Y Revenue Exit CHF 162.35 CHF 241.71 CHF 338.96 39
5Y EBITDA Exit CHF 237.42 CHF 372.65 CHF 523.57 41
5Y P/E Exit CHF 212.94 CHF 329.95 CHF 445.98 38
10Y Revenue Exit CHF 169.51 CHF 242.08 CHF 327.80 36
10Y EBITDA Exit CHF 220.79 CHF 329.69 CHF 459.33 37
10Y P/E Exit CHF 205.60 CHF 301.12 CHF 404.05 35
Earnings-Based
Graham-Dodd CHF 123.28 CHF 253.49 CHF 319.88 54
EPV CHF 207.14 CHF 244.21 CHF 276.65 59
Dividend Discount
Gordon GGM CHF 117.37 CHF 173.07 CHF 231.50 70
DDM Multi-Stage CHF 117.37 CHF 166.57 CHF 223.10 61
Multiples
P/E Multiple CHF 271.94 CHF 362.59 CHF 453.24 63
P/S Multiple CHF 179.85 CHF 239.80 CHF 299.76 58
P/B Multiple CHF 103.52 CHF 138.03 CHF 172.54 55
EV/EBIT CHF 356.02 CHF 479.80 CHF 603.58 53
EV/EBITDA CHF 301.19 CHF 406.69 CHF 512.19 54
EV/Revenue CHF 152.54 CHF 224.48 CHF 296.42 43
Asset-Based
NCAV (Graham) CHF 23.00 CHF 30.83 CHF 46.01 50
Growth DCF
Growth DCF CHF 205.89 CHF 287.84 CHF 400.26 80
Rev-Margin DCF CHF 162.35 CHF 244.98 CHF 333.02 74
Economic Profit
Residual Income CHF 108.93 CHF 133.55 CHF 606.87 76
ROIC Compounder CHF 212.77 CHF 257.79 CHF 302.20 72
Growth Earnings
Growth-Adj P/E CHF 199.02 CHF 284.31 CHF 369.60 68

Widest divergence: DCF Models (CHF 285.00) versus Asset-Based (CHF 30.83). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) CHF 3.2B
Revenue growth (YoY) -0.6%
Net margin 19.2%
Return on equity 42.4%
Free cash flow CHF 678M FY2025
P/E ratio 28.8
More key figures
Operating margin 28.0%
EPS (TTM) CHF 18.06
EPS growth (YoY) +4.2%
Net debt CHF 769M FY2025

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

Quality Score breakdown

Overall quality 69/100

Of which business quality 74 · Market factors (momentum, volatility) 48

Profitability 78
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 36
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

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry.

Full company description

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
CHF 3.2B
Latest YoY
+2.5%
Avg. growth/yr (3Y)
−2.3%
Avg. growth/yr (5Y)
+1.2%
Avg. growth/yr (23Y)
+4.7%
Revenue −2.2%/yr
FY21 CHF 3.5B
FY22 CHF 3.4B
FY23 CHF 3.1B
FY24 CHF 3.1B
FY25 CHF 3.2B
Net income −5.7%/yr
FY21 CHF 756M
FY22 CHF 706M
FY23 CHF 617M
FY24 CHF 597M
FY25 CHF 598M

GEBN screens 45% overvalued. Compare with Trane Technologies plc →

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Cite: Fair Value Calculator (2026). "Geberit AG Fair Value". https://www.fairvalue-calculator.com/stock/GEBN

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Building Products & Equipment · 245 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 69 · Top 25%
Fair Value upside −45% · Below median
Return on equity (TTM) 42% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 28% · Top 25%
Revenue growth -1% · Below median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.72× · Higher than 75% of peers

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 28.8× · Pricier than median
P/B 13.99× · Pricier than 75% of peers
P/S (TTM) 6.72× · Pricier than 75% of peers
P/FCF 31.3× · Pricier than 75% of peers
EV/EBITDA 23.7× · Pricier than 75% of peers
PEG 3.20× · Pricier than 75% of peers

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 0 · sector 2
FUTURE 0 · sector 8
PAST 100 · sector 23
HEALTH 64 · sector 94
DIVIDEND 0 · sector 28

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

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 Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $469.98 $212.34 -55%
Johnson Controls International plc JCI $142.81 $45.65 -68%
Carrier Global Corporation CARR $68.61 $17.35 -75%
Compagnie de Saint-Gobain S.A SGO €76.62 €101.60 +33%
Lennox International Inc LII $543.93 $363.09 -33%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS $78.04 $54.36 -30%
PT Impack Pratama Industri Tbk, IMPC 1,420 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 36.03 kr 25.37 -30%
Rockwool A/S ROCKA kr 216.00 kr 61.77 -71%

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Frequently asked questions

Is Geberit AG (GEBN) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of CHF 307.66 versus a price of CHF 563.40, about −45% (overvalued).
What is the fair value of GEBN?
Our model-based fair value for Geberit AG is CHF 307.66 (as of Jul 16, 2026), built from audited fundamentals. The current price is CHF 563.40.
What is the quality score of GEBN?
Geberit AG has a Quality Score of 69/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
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 Jul 16, 2026).
What is the net profit margin of GEBN?
The net profit margin of Geberit AG is about 19.2%, meaning it keeps roughly 19.2% of revenue as net income. Based on the latest reported figures.

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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