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Landis+Gyr Group AG (LAND) Fair Value & Analysis

Industrials · CH · Market cap CHF 1.2B · ISIN CH0371153492

What is Landis+Gyr Group AG really worth?

LG Landis+Gyr Group AG LAND · SW
PriceCHF 45.70
Fair ValueCHF 28.24
Upside−38.2%
Quality51/100

A solid business, but trading 62% above our fair value of CHF 28.24.

As of Aug 22, 2026, the fair value of Landis+Gyr Group AG is CHF 28.24 per share against a price of CHF 45.70, so the fair value sits 38% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −3.0 %/yr)
!Loss-making · -14.5% net margin
!Mixed vs. peers (7/14)
!Narrow moat 31/100
!Weak on past: 14 out of 100

For context

·3.27% dividend yield
Evidence: High Range CHF 18.45 – CHF 39.88

Fair value as of: Aug 22, 2026

From 15 valuation models · updated 15 days ago

Fair value updated Aug 22, 2026, revised from CHF 35.26 to CHF 28.24 (−19.9%) since Aug 13, 2026. Share price −5.6% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (CHF 39.88). The favourable scenario is already priced in.
  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (CHF 18.45 to CHF 39.88) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

CHF 79.23 CHF 40.90 Fair Value CHF 28.24 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range CHF 40.90 – CHF 79.23 · fair‑value band CHF 18.45 – CHF 39.88 · the CHF 45.70 price screens above the CHF 28.24 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

Full chart & analysis →

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Analysis

Landis+Gyr Group AG (LAND) currently trades at CHF 45.70, while our model-based Fair Value estimate is CHF 28.24, implying the stock looks roughly 61.8% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Industrials sector. Bull case: the Multiples group reads highest at a median of CHF 56.47 per share, and 3 of the 15 models we run sit above the CHF 45.70 price. Bear case: the Dividend Discount group reads lowest at CHF 12.13, and 12 of the 15 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Landis+Gyr Group AG generated revenue of CHF 1.2B at a net margin of −14.5%. Revenue declined 16.2% year over year. It earns a return on equity of 3.4%. Net debt stands at CHF 238M. Fundamentals as of Aug 22, 2026

Our scenario range runs from CHF 18.45 (bear case) to CHF 39.88 (bull case); at CHF 45.70, 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 38% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at −38%, LAND screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
FCF DCF CHF 16.48 CHF 21.66 CHF 30.35 81
Growth DCF CHF 17.03 CHF 21.94 CHF 29.55 80
5Y EBITDA Exit CHF 31.67 CHF 50.24 CHF 74.81 74
All 15 models by family
DCF Models
FCF DCF CHF 16.48 CHF 21.66 CHF 30.35 81
5Y Revenue Exit CHF 22.64 CHF 34.62 CHF 52.05 72
5Y EBITDA Exit CHF 31.67 CHF 50.24 CHF 74.81 74
10Y Revenue Exit CHF 19.12 CHF 27.16 CHF 35.88 67
10Y EBITDA Exit CHF 24.80 CHF 35.98 CHF 48.08 69
Earnings-Based
EPV CHF 18.89 CHF 21.54 CHF 23.75 74
Dividend Discount
Gordon GGM CHF 11.25 CHF 12.13 CHF 13.43 69
DDM Multi-Stage CHF 11.25 CHF 13.39 CHF 16.15 67
Multiples
EV/EBIT CHF 42.21 CHF 56.47 CHF 70.73 66
EV/EBITDA CHF 50.92 CHF 68.08 CHF 85.25 67
EV/Revenue CHF 29.96 CHF 43.04 CHF 56.13 53
Asset-Based
NCAV (Graham) CHF 19.46 CHF 26.08 CHF 38.92 54
Growth DCF
Growth DCF CHF 17.03 CHF 21.94 CHF 29.55 80
Rev-Margin DCF CHF 22.64 CHF 35.07 CHF 50.15 72
Economic Profit
ROIC Compounder CHF 18.89 CHF 21.54 CHF 23.75 72

Widest divergence: Multiples (CHF 56.47) versus Dividend Discount (CHF 12.13). Highest evidence: FCF DCF (81).

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Key figures & financial health

P/E ratio 39.4
P/S ratio 1.01 TTM
EPS (TTM) CHF 1.16 price ÷ EPS = P/E 39.4
Dividend yield 3.3% payout 129%
Net margin −14.5% FY2026
Return on equity 3.4% TTM
More key figures
Profitability
Return on assets (EBIT) 2.9% avg 5y
Operating margin 10.8% TTM
Growth
Revenue (TTM) CHF 1.2B TTM
Revenue growth (YoY) +31.2% 3y avg −11.5%
EPS growth (YoY) +16.8%
Balance sheet & cash flow
Free cash flow CHF 59.8M FY2026
Net debt CHF 238M FY2026 · ≈ 4.0 yrs of FCF

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 48 · Market factors (momentum, volatility) 34

Profitability 12
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 83
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Full company description

Landis+Gyr Group AG, together with its subsidiaries, provides integrated energy management solutions to utility sector in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers smart and non-smart electricity, prepayment electricity, commercial/industrial and grid, and smart gas meters; advanced metering infrastructure solutions; heat and water meters and solutions; prepayment solutions; load control devices; street light controllers; and distribution automation, system deployment, and managed network solutions. It also provides various advanced metering infrastructure offerings, including software, meter data management, installation, implementation, consulting, maintenance support, and related services; and communication modules for water and gas meters. In addition, the company designs, manufactures, markets, and sells products for the smart metering, grid edge intelligence, and smart infrastructure technology solutions. The company was formerly known as Landis+Gyr Holding AG. Landis+Gyr Group AG was incorporated in 1896 and is headquartered in Cham, Switzerland.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Landis+Gyr Group AG reported revenue of $1.2B in FY2026 versus $1.5B in FY2022, a compound −5.5%/yr. Reported net income was −$169M in FY2026.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
CHF 1.2B
Latest YoY
−32.6%
Avg. revenue 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.
−11.5%
Avg. revenue 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.
−3.0%
Avg. revenue growth/yr (11Y) 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.
−2.4%
EBIT margin (trend) 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.
−26.9% (2021) → 8.2% (2026)
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue −5.5%/yr
FY22 $1.5B
FY23 $1.7B
FY24 $2.0B
FY25 $1.7B
FY26 $1.2B
Net income
FY22 $79.4M
FY23 $208M
FY24 $110M
FY25 −$150M
FY26 −$169M

LAND screens 62% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Landis+Gyr Group AG Fair Value". https://www.fairvalue-calculator.com/stock/LAND.SW

Earlier news

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

Peer Group

Electrical Equipment & Parts · 544 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 51 · Below median
Fair Value upside −38% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 3% · Below median
Net margin (TTM) −14% · Bottom 25%
Operating margin (TTM) 11% · Above median
Revenue growth 31% · Top 25%
Dividend yield (TTM) 3.3% · Top 25%
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 39.4× · Pricier than median
P/B 1.31× · Cheaper than median
P/S (TTM) 1.25× · Cheaper than median
P/FCF 24.3× · Pricier than 75% of peers
EV/EBITDA 9.0× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 56
PAST14 · sector 26
HEALTH89 · sector 97
DIVIDEND65 · sector 23

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

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 −40%
ABB Ltd ABBN CHF 80.10 CHF 28.70 −64%
Delta Electronics (Thailand) Public Company TDED 10.40 SGD 1.47 SGD −86%
Vertiv Holdings VRT $257.08 $63.13 −75%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW −45%
Prysmian S.p.A PRY €117.10 €84.15 −28%
Legrand SA LR €139.65 €78.82 −44%
Sungrow Power Supply Co 300274 ¥86.40 ¥123.83 +43%
Hubbell Incorporated HUBB $443.31 $285.77 −36%
Shenzhen Inovance Technology Co 300124 ¥61.07 ¥33.04 −46%

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Frequently asked questions

Is Landis+Gyr Group AG (LAND) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of CHF 28.24 versus a price of CHF 45.70, about −38% upside (overvalued).
What is the fair value of LAND?
Our model-based fair value for Landis+Gyr Group AG is CHF 28.24 (as of Aug 22, 2026), built from audited fundamentals. The current price: CHF 45.70.
What is the quality score of LAND?
Landis+Gyr Group AG has a Quality Score of 51/100. 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 Landis+Gyr Group AG (LAND)?
Our model-based price target is the fair value of CHF 28.24 (as of Aug 22, 2026) from 15 valuation models. Cautious scenario CHF 18.45, optimistic scenario CHF 39.88. It is a calculation from audited fundamentals, not an analyst target.
What is the Landis+Gyr Group AG stock forecast for 2026?
Our models put fair value at CHF 28.24, about −38% upside versus a price of CHF 45.70 (overvalued). Cautious scenario CHF 18.45, optimistic scenario CHF 39.88. The calculation is refreshed regularly with new filings.
What is the revenue of Landis+Gyr Group AG (LAND)?
Landis+Gyr Group AG reported trailing-twelve-month revenue of about CHF 1.2B (latest available figure, as of Aug 22, 2026).
What is the net profit margin of LAND?
The net profit margin of Landis+Gyr Group AG is about −14.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Landis+Gyr Group AG pay a dividend?
Landis+Gyr Group AG currently shows a dividend yield of about 3.27% relative to its recent price (as of Aug 22, 2026).
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