medmix AG (MEDX) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of medmix AG stock CHF 2.74, price CHF 10.38, that is 73.6% below the price, quality 43 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 13, 2026.
How to read this chart
60‑month range CHF 7.79 – CHF 42.05 · fair‑value band CHF 2.50 – CHF 3.60 · the CHF 10.38 price screens above the CHF 2.74 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 13, 2026.
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medmix AG designs, produces, and sells high-precision devices and services in Switzerland and internationally. It operates through the Healthcare, and Consumer and Industrial segments.
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The company offers dispensers, cartridges, mixers, tips, syringes, pen, and auto injectors for delivery of dental materials; delivery devices and mixing for bone repair and tissue treatment, which are used for prosthetics, restoratives, anesthetics, and aesthetics; the pen and auto injectors, which are used in fertility and growth hormone treatments, treatment of diabetes, osteoporosis, and other diseases; and the delivery and mixing devices, which are used by tissue banks and medical device OEMs. It also produces and markets dispensers, cartridges, and mixers for two-component adhesives and sealants for use in construction, transportation, electronics, infrastructure, and general industrial sectors; and micro-brushes and applicators for eyes, eyelashes, lips, and facial make-up. The company offers its products under the Mixpac, Transcodent, Qiaoyi, Cox, MK, Medmix, Haselmeier, and Geka brands. medmix AG was founded in 1922 and is based in Baar, Switzerland.
Stock analysis
medmix AG (MEDX) currently trades at CHF 10.38, while our model-based Fair Value estimate is CHF 2.74, 74% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of CHF 7.05 per share, and 3 of the 24 models we run sit above the CHF 10.38 price.
Bear case: the Asset-Based group reads lowest at CHF 0.8900, and 21 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: CHF 2.50 (bear) to CHF 3.60 (bull), the price of CHF 10.38 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 43/100 (below-average 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.
medmix AG reported revenue of CHF 448M in FY2025 versus CHF 457M in FY2021, a compound −0.5%/yr. Reported net income was CHF 6.4M in FY2025, compounding −38.2%/yr from FY2021.
Key figures
Market cap CHF 519M Small · P/S ratio 0.99 · Dividend yield 1.0% · Net margin 0.0% · Return on equity 0.2% · Return on assets (EBIT) 2.7% (5-year average) · Operating margin 7.7% · Revenue (TTM) CHF 437M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 32% 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 −74%, MEDX screens richer than that median.
Fair Value models
BearCHF 2.50Fair Value CHF 2.74BullCHF 3.60
Price CHF 10.38 · Downside -73.6%
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.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.
Best data coverage
FCF DCFCHF 5.08CHF 7.84CHF 12.6179
Growth DCFCHF 5.39CHF 8.01CHF 12.2278
Residual IncomeCHF 6.30CHF 6.51CHF 6.8676
All 24 models by family
DCF Models
FCF DCFCHF 5.08CHF 7.84CHF 12.6179
Owner EarningsCHF 3.48CHF 5.71CHF 9.5974
5Y Revenue ExitCHF 3.33CHF 5.87CHF 9.5871
5Y EBITDA ExitCHF 9.39CHF 16.33CHF 25.5674
5Y P/E ExitCHF 1.35CHF 2.46CHF 3.8269
10Y Revenue ExitCHF 3.88CHF 5.79CHF 7.7967
10Y EBITDA ExitCHF 7.48CHF 11.90CHF 16.6968
10Y P/E ExitCHF 2.89CHF 3.79CHF 4.5965
Earnings-Based
Graham-DoddCHF 1.04CHF 1.32CHF 1.5067
EPVCHF 1.54CHF 2.26CHF 2.8773
Dividend Discount
Gordon GGMCHF 2.94CHF 3.18CHF 3.5469
DDM Multi-StageCHF 2.94CHF 3.57CHF 4.3867
Multiples
P/E MultipleCHF 2.42CHF 3.22CHF 4.0363
P/S MultipleCHF 1.96CHF 2.61CHF 3.2658
P/B MultipleCHF 4.51CHF 6.01CHF 7.5155
EV/EBITCHF 1.51CHF 4.30CHF 7.0961
EV/EBITDACHF 11.77CHF 17.98CHF 24.1966
EV/Revenuen/aCHF 1.67CHF 4.2450
Asset-Based
NCAV (Graham)CHF 0.6700CHF 0.8900CHF 1.3454
Growth DCF
Growth DCFCHF 5.39CHF 8.01CHF 12.2278
Rev-Margin DCFCHF 3.33CHF 6.09CHF 9.5471
Economic Profit
Residual IncomeCHF 6.30CHF 6.51CHF 6.8676
ROIC CompounderCHF 1.54CHF 2.26CHF 2.8771
Growth Earnings
Growth-Adj P/ECHF 1.71CHF 2.44CHF 3.1767
The fair value above starts from this blend and is adjusted for dilution from new shares.
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
−7.4%
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.
−2.1%
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.
+5.0%
Start year 2020 (pandemic)
Revenue growth 7 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.
−0.2%
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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.
−23.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−24.1%
Dividend (yield on the price)1.0%
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.5% → 6%
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).
+11.1%
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.
+3.9%
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 +10.5% a year for the price and +3.3% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (2 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.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
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.Specialty Industrial Machinery · 841 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score43 · Bottom 25%
Fair Value upside−73.6% · Bottom 25%
Profitability
Return on equity (12 months)0.2% · Below median
Return on assets0.7% · Below median
Net margin (12 months)0.0% · Bottom 25%
Operating margin (12 months)7.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)−4.9% · Below median
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity0.59× · Highest 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/B1.22× · Cheapest 25%
P/S (12 months)1.19× · Cheaper than median
Price / free cash flow (fiscal year)15.6× · Cheaper than median
EV/EBITDA9.3× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 31
PAST (return on equity)1· sector 27
HEALTH (low debt)71· sector 95
DIVIDEND (yield)19· sector 28
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). "medmix AG Fair Value". https://www.fairvalue-calculator.com/stock/MEDX
Frequently asked questions
Is medmix AG (MEDX) overvalued or undervalued?
As of Nov 13, 2026, our model estimates a fair value of CHF 2.74 versus a price of CHF 10.38, about 74% lower (overvalued).
What is the fair value of MEDX?
Our model-based fair value for medmix AG is CHF 2.74 (as of Nov 13, 2026), built from audited fundamentals. The current price: CHF 10.38.
What is the quality score of MEDX?
medmix AG has a Quality Score of 43/100. 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 medmix AG (MEDX)?
Our model-based price target is the fair value of CHF 2.74 (as of Nov 13, 2026) from 24 valuation models. Cautious scenario CHF 2.50, optimistic scenario CHF 3.60. It is a calculation from audited fundamentals, not an analyst target.
What is the medmix AG stock forecast for 2026?
Our models put fair value at CHF 2.74, about 74% lower versus a price of CHF 10.38 (overvalued). Cautious scenario CHF 2.50, optimistic scenario CHF 3.60. The calculation is refreshed regularly with new filings.
What is the revenue of medmix AG (MEDX)?
medmix AG reported trailing-twelve-month revenue of about CHF 437M (latest available figure, as of Nov 13, 2026).
Does medmix AG pay a dividend?
medmix AG currently shows a dividend yield of 0.96% relative to its recent price (as of Nov 13, 2026).
How much is the dividend of medmix AG (MEDX) and when is the ex-dividend date?
medmix AG pays a dividend of CHF 0.1 per share a year, a dividend yield of 1.0%. The last ex-dividend date was Apr 20, 2026. A dividend has been paid every year since at least 2022. The payout ratio is 65.2% of earnings. Free cash flow covers the dividend 7.98 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into medmix AG (MEDX)?
For today's price to be fair in a discounted-cash-flow model, medmix AG would have to grow free cash flow by +11.1 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.0 % per year. As of Nov 13, 2026.
What discount rate (WACC) does the fair value of MEDX use?
Our models discount medmix AG at 10.4 %: a base by market capitalisation (small), damped by beta 0.77, 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 medmix AG that is +11.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has medmix AG (MEDX) delivered so far?
Over the past 5 years revenue at medmix AG grew +5.0 % a year. The price currently implies free-cash-flow growth of +11.1 % per 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 medmix AG (MEDX) growing?
The median revenue growth in the sector is +7.9 % a year. That is the yardstick for the growth priced into medmix AG (+11.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of medmix AG (MEDX)?
The free-cash-flow yield on the price is 6.42 %: that much free cash flow medmix AG produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of medmix AG (MEDX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For medmix AG it is CHF 2.74 per share (as of Nov 13, 2026), against a price of CHF 10.38. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is medmix AG stock overvalued or undervalued in 2026?
As of Nov 13, 2026, MEDX trades above its calculated fair value: price CHF 10.38, fair value CHF 2.74, a gap of about −74% (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 MEDX?
No. The price is what the market pays today (CHF 10.38); the fair value is what the company's own numbers justify (CHF 2.74). For medmix AG the two are CHF 7.64 per share apart. That gap is exactly why we show both numbers side by side.
How much is medmix AG worth?
The market values medmix AG at about CHF 519M (market capitalisation, as of Nov 13, 2026). Per share that is CHF 10.38; our models calculate a fair value of CHF 2.74 per share.
What do the bullish and bearish scenarios say about MEDX?
Our models span a range for medmix AG: cautious scenario CHF 2.50, base CHF 2.74, optimistic CHF 3.60 per share (as of Nov 13, 2026, price CHF 10.38). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of medmix AG (MEDX)?
Balance-sheet figures for medmix AG (as of Nov 13, 2026): return on equity 0.2%, debt of 0.59 per unit of equity. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is MEDX from its 52-week high?
medmix AG trades at CHF 10.38, about 13% below its 52-week high of CHF 11.95 and 32% above the low of CHF 7.87 (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 2.74 is for.
Which stocks are comparable to medmix AG?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin Corporation, 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 medmix AG stock attractive at the current price?
The data as of Nov 13, 2026: price CHF 10.38, calculated fair value CHF 2.74 (−74%), Quality Score 43/100, 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 MEDX calculated?
We run medmix AG through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of CHF 2.74 builds on their evidence-weighted average, 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 14.3% above its aggregate fair value. medmix 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 medmix AG (MEDX)?
The closing price on Nov 12, 2026 was CHF 10.38. Our model-based fair value is CHF 2.74, about 74% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with medmix AG right now?
The price sits above even our optimistic bull case (CHF 3.60). The favourable scenario is already priced in. Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of medmix AG
How large is the market capitalisation of medmix AG (MEDX)?
The market capitalisation of medmix AG is CHF 519M. 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 medmix AG (MEDX)?
The price-to-sales ratio of medmix AG is 0.99 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of medmix AG (MEDX)?
The dividend yield of medmix AG is 1.0%. 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 medmix AG (MEDX)?
The net margin of medmix AG is 0.0% (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 medmix AG (MEDX)?
The return on equity (ROE) of medmix AG is 0.2% (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 medmix AG (MEDX)?
On an EBIT basis the return on assets of medmix AG is 2.7% (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 medmix AG (MEDX)?
The operating margin of medmix AG is 7.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at medmix AG (MEDX)?
Revenue at medmix AG is growing −4.9% versus a year earlier (3y avg −2.1%). 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 medmix AG (MEDX)?
Earnings per share at medmix AG are growing −93.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does medmix AG (MEDX) carry?
The net debt of medmix AG is CHF 286M (fiscal year 2025, ≈ 8.6 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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Nov 13, 2026