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OC Oerlikon Corporation (OERL) Fair Value & Analysis

Industrials · CH · Market cap CHF 1.4B

OO OC Oerlikon Corporation OERL · SW
PriceCHF 4.98
Fair ValueCHF 2.01
Upside-59.6%
Quality43/100
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Mixed Growth
Loss-making · -1.2% net margin
Moderate debt · generates free cash flow
4.60% dividend yield
Trails peers (4/14)
Narrow moat 21/100
Evidence: High Range CHF 1.31 – CHF 3.41 Share as image

Fair value as of: Jul 12, 2026

From 16 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from CHF 2.04 to CHF 2.01 (−1.5%) since Jun 24, 2026. Share price +11.4% over the past month.

Below-average quality, and screening another 60% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (CHF 3.41). 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.
  • The model range is unusually wide (CHF 1.31 to CHF 3.41). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

CHF 6.86 CHF 2.07 Fair Value CHF 2.01 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range CHF 2.07 – CHF 6.86 · fair‑value band CHF 1.31 – CHF 3.41 · the CHF 4.98 price screens above the CHF 2.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

OC Oerlikon Corporation (OERL) currently trades at CHF 4.98, while our model-based Fair Value estimate is CHF 2.01, implying the stock looks roughly 59.6% overvalued today. The Quality Score stands at 43/100 (below-average 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, OC Oerlikon Corporation generated revenue of CHF 1.6B at a net margin of -1.2%. Revenue declined 2.7% year over year. It earns a return on equity of -4.9%. Net debt stands at CHF 1.5B. Fundamentals as of Jul 12, 2026

Our scenario range runs from CHF 1.31 (bear case) to CHF 3.41 (bull case); at CHF 4.98, 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 near its 52-week high and 146% 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 -60%, OERL 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 1.31 CHF 2.06 CHF 3.21 80
Rev-Margin DCF CHF 1.01 CHF 2.06 CHF 3.35 74
ROIC Compounder CHF 0.1600 CHF 0.3700 CHF 0.5400 72
All 16 models by family
DCF Models
FCF DCF CHF 1.23 CHF 2.01 CHF 3.33 38
Owner Earnings CHF 0.6100 CHF 1.20 CHF 2.20 31
5Y Revenue Exit CHF 1.01 CHF 1.99 CHF 3.41 39
5Y EBITDA Exit CHF 3.48 CHF 6.26 CHF 9.94 41
10Y Revenue Exit CHF 1.04 CHF 1.73 CHF 2.45 36
10Y EBITDA Exit CHF 2.46 CHF 4.14 CHF 5.95 37
Earnings-Based
EPV CHF 0.1600 CHF 0.3700 CHF 0.5400 59
Dividend Discount
Gordon GGM CHF 1.57 CHF 1.69 CHF 1.88 70
DDM Multi-Stage CHF 1.57 CHF 1.87 CHF 2.26 61
Multiples
EV/EBIT CHF 2.00 CHF 3.12 CHF 4.24 53
EV/EBITDA CHF 6.35 CHF 8.92 CHF 11.49 54
EV/Revenue CHF 1.04 CHF 2.07 CHF 3.10 43
Asset-Based
NCAV (Graham) CHF 1.40 CHF 1.87 CHF 2.79 50
Growth DCF
Growth DCF CHF 1.31 CHF 2.06 CHF 3.21 80
Rev-Margin DCF CHF 1.01 CHF 2.06 CHF 3.35 74
Economic Profit
ROIC Compounder CHF 0.1600 CHF 0.3700 CHF 0.5400 72

Widest divergence: Multiples (CHF 3.12) versus Earnings-Based (CHF 0.3700). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) CHF 1.6B
Revenue growth (YoY) -2.7%
Net margin -1.2%
Return on equity -4.9%
Free cash flow CHF 104M FY2025
Operating margin 3.1%
More key figures
EPS (TTM) CHF -0.1600
Dividend yield 4.6%
EPS growth (YoY) -60.9%
Net debt CHF 1.5B FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 40 · Market factors (momentum, volatility) 82

Profitability 16
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 16
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 91
Price trend over the last 3–12 months (market factor)
52W Momentum 99
Distance to the 52-week high (market factor)
Net Issuance 80
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

OC Oerlikon Corporation AG provides surface engineering, polymer processing, and advanced manufacturing services in Europe, the Americas, and the Asia-Pacific. The company operates through The Oerlikon Division and The Barmag Division.

Full company description

OC Oerlikon Corporation AG provides surface engineering, polymer processing, and advanced manufacturing services in Europe, the Americas, and the Asia-Pacific. The company operates through The Oerlikon Division and The Barmag Division. It offers actuation systems, aircraft interior, cold plates, engine fan and compressors, engine hot section, heat exchanger, hydraulic systems, landing gears, RF components, and rocket engine components for aerospace sector. The company also provides brake and safety systems, drive train, engine systems, exhaust systems, exterior, green hydrogen, heat exchangers and EGR coolers, interior, lighting, peripherals and design parts, piping and tubing systems, steering and suspension, thermoelectrical isolation system, and transmissions for automotive sector. In addition, it offers boiler, gas turbines, hydro turbines, green hydrogen, oil and gas, steam turbines, and wind turbines for energy sector; cutting, die casting, metal forming, and plastic processing for tooling industry; and artificial joints, dental implants/abutments, medical, minimally invasive surgical instruments, spine implants, surgical instruments, and veterinary implants for medical sector. Further, the company provides various products for agriculture, beauty and personal care, consumer goods, electronics, engineering, food and packaging, logistic and environmental, metal forming and processing, mining and heavy machinery, pulp, paper and printing, and semiconductor applications; and Luxury and semiconductor products. It offers its surface solutions under Oerlikon Balzers, Oerlikon Metco, Oerlikon AM, Oerlikon Riri, and Oerlikon Fineparts brand names; and provides friction systems, turbine components, and thermoelectrical insulation systems, as well as coating equipment and components. OC Oerlikon Corporation AG was founded in 1876 and is headquartered in the Pfäffikon, Switzerland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

OC Oerlikon Corporation reported revenue of CHF 1.6B in FY2025 versus CHF 2.6B in FY2021, a compound −12.3%/yr. Reported net income was −CHF 19.0M in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
CHF 1.6B
Latest YoY
−33.9%
Avg. growth/yr (3Y)
−18.6%
Avg. growth/yr (5Y)
−7.0%
Avg. growth/yr (21Y)
−0.8%
Revenue −12.3%/yr
FY21 CHF 2.6B
FY22 CHF 2.9B
FY23 CHF 2.7B
FY24 CHF 2.4B
FY25 CHF 1.6B
Net income
FY21 CHF 164M
FY22 CHF 89.0M
FY23 CHF 33.0M
FY24 CHF 66.0M
FY25 −CHF 19.0M

OERL screens 60% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "OC Oerlikon Corporation Fair Value". https://www.fairvalue-calculator.com/stock/OERL

Recent news

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

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 43 · Bottom 25%
Fair Value upside −60% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth -3% · Below median
Dividend yield (TTM) 4.6% · Top 25%
Debt / equity 0.73× · Higher than 75% of peers

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/B 1.93× · Cheaper than median
P/S (TTM) 1.12× · Cheaper than median
P/FCF 16.9× · Pricier than 75% of peers
EV/EBITDA 16.6× · Pricier than median
PEG 1.28× · 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 0 · sector 0
FUTURE 0 · sector 23
PAST 0 · sector 28
HEALTH 63 · sector 96
DIVIDEND 92 · 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 12, 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 OC Oerlikon Corporation (OERL) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of CHF 2.01 versus a price of CHF 4.98, about −60% (overvalued).
What is the fair value of OERL?
Our model-based fair value for OC Oerlikon Corporation is CHF 2.01 (as of Jul 12, 2026), built from audited fundamentals. The current price is CHF 4.98.
What is the quality score of OERL?
OC Oerlikon Corporation 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 revenue of OC Oerlikon Corporation (OERL)?
OC Oerlikon Corporation reported trailing-twelve-month revenue of about CHF 1.6B (latest available figure, as of Jul 12, 2026).
What is the net profit margin of OERL?
The net profit margin of OC Oerlikon Corporation is about -1.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does OC Oerlikon Corporation pay a dividend?
OC Oerlikon Corporation currently shows a dividend yield of about 5.25% relative to its recent price (as of Jul 12, 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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