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Georg Fischer AG (GF) Fair Value & Analysis

Industrials · CH · Market cap CHF 3.8B

GF Georg Fischer AG GF · SW
PriceCHF 52.50
Fair ValueCHF 25.20
Upside-52.0%
Quality54/100
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Mixed Growth
Thin margins · 3.4% net margin
Negative equity (buybacks among others) · generates free cash flow
2.96% dividend yield
Ranks above peers (9/14)
Moderate moat 55/100
Evidence: High Range CHF 19.91 – CHF 31.91 Share as image

Fair value as of: Jul 16, 2026

From 17 valuation models · updated 24 days ago

Fair value updated Jul 16, 2026, revised from CHF 25.37 to CHF 25.20 (−0.7%) since Jun 24, 2026. Share price +19.8% over the past month.

A solid business, but screening 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (CHF 31.91). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

CHF 69.60 CHF 38.46 Fair Value CHF 25.20 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 38.46 – CHF 69.60 · fair‑value band CHF 19.91 – CHF 31.91 · the CHF 52.50 price screens above the CHF 25.20 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

Georg Fischer AG (GF) currently trades at CHF 52.50, while our model-based Fair Value estimate is CHF 25.20, implying the stock looks roughly 52.0% overvalued today. The Quality Score stands at 54/100 (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, Georg Fischer AG generated revenue of CHF 3.0B at a net margin of 3.4%. Revenue declined 6.3% year over year. It earns a return on equity of 190.5%. Net debt stands at CHF 1.7B. Fundamentals as of Jul 16, 2026

Our scenario range runs from CHF 19.91 (bear case) to CHF 31.91 (bull case); at CHF 52.50, 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 19% below its 52-week high and 40% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -52%, GF 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 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. Evidence
Highest evidence
ROIC Compounder CHF 21.10 CHF 28.16 CHF 35.08 72
Gordon GGM CHF 11.90 CHF 12.96 CHF 14.58 70
Growth-Adj P/E CHF 13.98 CHF 19.97 CHF 25.96 68
All 17 models by family
DCF Models
5Y Revenue Exit CHF 9.76 CHF 27.21 CHF 52.70 39
5Y EBITDA Exit CHF 16.24 CHF 38.44 CHF 67.82 41
5Y P/E Exit CHF 3.64 CHF 12.55 38
10Y Revenue Exit CHF 11.48 CHF 24.86 36
10Y EBITDA Exit CHF 4.46 CHF 18.27 CHF 33.54 37
10Y P/E Exit CHF 1.83 35
Earnings-Based
Graham-Dodd CHF 8.55 CHF 10.45 CHF 11.75 54
EPV CHF 21.10 CHF 26.80 CHF 31.71 59
Dividend Discount
Gordon GGM CHF 11.90 CHF 12.96 CHF 14.58 70
DDM Multi-Stage CHF 11.90 CHF 14.70 CHF 18.53 61
Multiples
P/E Multiple CHF 19.79 CHF 26.39 CHF 32.99 63
P/S Multiple CHF 16.02 CHF 21.37 CHF 26.71 58
EV/EBIT CHF 45.57 CHF 65.74 CHF 85.92 53
EV/EBITDA CHF 43.94 CHF 63.57 CHF 83.20 54
EV/Revenue CHF 28.25 CHF 46.76 CHF 65.27 43
Economic Profit
ROIC Compounder CHF 21.10 CHF 28.16 CHF 35.08 72
Growth Earnings
Growth-Adj P/E CHF 13.98 CHF 19.97 CHF 25.96 68

Widest divergence: Multiples (CHF 46.76) versus Earnings-Based (CHF 10.45). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) CHF 3.0B
Revenue growth (YoY) -6.3%
Net margin 3.4%
Return on equity 190%
Free cash flow CHF 20.0M FY2025
P/E ratio 18.2
More key figures
Operating margin 12.9%
EPS (TTM) CHF 2.39
Dividend yield 3.1%
EPS growth (YoY) +65.3%
Net debt CHF 1.7B FY2025

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

Quality Score breakdown

Overall quality 54/100

Of which business quality 50 · Market factors (momentum, volatility) 43

Profitability 40
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 81
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

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in the Americas, Asia-Pacific, Europe, Middle East, Africa, and internationally. The company operates through GF Industry and Infrastructure Flow Solutions and GF Building Flow Solutions.

Full company description

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in the Americas, Asia-Pacific, Europe, Middle East, Africa, and internationally. The company operates through GF Industry and Infrastructure Flow Solutions and GF Building Flow Solutions. The GF Industry and Infrastructure Flow Solutions segment focuses on leak-free piping systems, fittings, valves, pipes, automation, fabrication, and jointing technologies. It serves a wide range of industries, including microelectronics, chemical processing, water, marine, data centers, food and beverage, energy and life sciences. The GF Building Flow Solutions segment offers safe drinking water systems, energy-efficient radiant heating and cooling systems, and infrastructure solutions used for increasing productivity in conserving, managing, and providing water indoor climate solutions for the residential and commercial construction, municipality, and utilities sectors. The company was founded in 1802 and is headquartered in Schaffhausen, Switzerland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Georg Fischer AG reported revenue of CHF 3.0B in FY2025 versus CHF 3.7B in FY2021, a compound −5.3%/yr. Reported net income was CHF 103M in FY2025, compounding −16.7%/yr from FY2021.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
CHF 3.0B
Avg. growth/yr (3Y) 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.
+1.5%
Avg. growth/yr (5Y) 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.
+0.9%
Avg. growth/yr (22Y) 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.
+0.6%
Revenue −5.3%/yr
FY21 CHF 3.7B
FY22 CHF 4.0B
FY23 CHF 4.0B
FY24 CHF 3.9B
FY25 CHF 3.0B
Net income −16.7%/yr
FY21 CHF 214M
FY22 CHF 276M
FY23 CHF 235M
FY24 CHF 214M
FY25 CHF 103M
Character of growth · EPS growth decomposed (2014-2025) −0.7 % p.a.
Revenue per share −0.3 pp

of which total revenue −0.3 pp · buybacks/dilution +0.0 pp

EBIT margin +3.3 pp
Tax rate −0.9 pp
Residual (interest, one-offs) −2.8 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

GF screens 52% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Georg Fischer AG Fair Value". https://www.fairvalue-calculator.com/stock/GF

Peer Group

Specialty Industrial Machinery · 808 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 54 · Above median
Fair Value upside −52% · Below median
Return on equity (TTM) 190% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 13% · Above median
Revenue growth -6% · Below median
Dividend yield (TTM) 3.0% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 19.2× · Cheaper than median
P/S (TTM) 1.55× · Cheaper than median
P/FCF 232.3× · Pricier than 75% of peers
EV/EBITDA 11.9× · Cheaper than median
PEG 1.90× · Pricier 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 0 · sector 0
FUTURE 0 · sector 23
PAST 100 · sector 28
HEALTH 100 · sector 96
DIVIDEND 59 · sector 24

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

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%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
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 Georg Fischer AG (GF) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of CHF 25.20 versus a price of CHF 52.50, about −52% (overvalued).
What is the fair value of GF?
Our model-based fair value for Georg Fischer AG is CHF 25.20 (as of Jul 16, 2026), built from audited fundamentals. The current price is CHF 52.50.
What is the quality score of GF?
Georg Fischer AG has a Quality Score of 54/100. 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 Georg Fischer AG (GF)?
Georg Fischer AG reported trailing-twelve-month revenue of about CHF 3.0B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of GF?
The net profit margin of Georg Fischer AG is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Georg Fischer AG pay a dividend?
Georg Fischer AG currently shows a dividend yield of about 3.09% 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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