PHOENIX N AG (PMN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of PHOENIX N AG stock CHF 278, price CHF 435, that is 36.1% below the price, quality 58 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
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PHOENIX N AG
PMN · SWOur calculation puts a fair price 36% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range CHF 247.46 – CHF 464.00 · fair‑value band CHF 236.26 – CHF 367.96 · the CHF 435.00 price screens above the CHF 278.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
Phoenix Mecano AG, together with its subsidiaries, manufactures and sells components for industrial customers worldwide. It operates through three divisions: Enclosure Systems, DewertOkin Technology Group, and Industrial Components.
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The Enclosure Systems division develops, produces, sells, and trades in industrial and electronic enclosures made of aluminum, stainless steel, plastics, and glass-fibre reinforced polyester; human-machine interface solutions, consisting of panel PCs, industrial PCs, and industrial monitors; input units such as membrane keypads, short-stroke keys, and touchscreens; and provides system integration, toolmaking, plastic injection moulding, and aluminum die casting solutions.
The DewertOkin Technology Group division manufactures drives, systems, and fittings technology for electrically adjustable comfort and healthcare furniture and ergonomic office workstation design, nursing and hospital bed; individual mechanical components; and customized and coordinated system solutions for use in smart furniture, medical applications, and control systems for height-adjustable desks, as well as smart-health software solutions.
The Industrial Components division provides linear units and lifting columns, aluminium profile and tube connection systems, as well as ergonomic workstation systems; terminal blocks, connector systems, test probes, series terminals, inductors, and switches for industrial electronics; and measuring systems, transformers, and instrument transformers, as well as electric cylinders.
Phoenix Mecano AG was formerly known as Phoenix Maschinentechnik AG and changed its name to Phoenix Mecano AG in 1986. The company was founded in 1975 and is headquartered in Stein am Rhein, Switzerland.
Stock analysis
PHOENIX N AG (PMN) currently trades at CHF 435.00, while our model-based Fair Value estimate is CHF 278.13, 36% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of CHF 609.91 per share, and 6 of the 15 models we run sit above the CHF 435.00 price.
Bear case: the Asset-Based group reads lowest at CHF 58.89, and 9 of the 15 models stay below the price. Data coverage for this calculation is medium.
Scenario range: CHF 236.26 (bear) to CHF 367.96 (bull), the price of CHF 435.00 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 58/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
PHOENIX N AG reported revenue of €752M in FY2025 versus €810M in FY2021, a compound −1.8%/yr. Reported net income was €30.5M in FY2025, compounding −0.8%/yr from FY2021.
Key figures
Market cap CHF 402M Small · P/E ratio 14.1 · P/S ratio 0.58 · EPS (TTM) CHF 30.93 · Dividend yield 4.5% · Net margin 4.1% · Return on equity 12.1% · Return on assets (EBIT) 8.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 14% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at −36%, PMN screens cheaper than that median.
Fair Value models
All 15 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
PMN screens overvalued: fair value 36% below the price. Compare with SIE →
Compare PHOENIX N AG with another stock
Price, fair value, quality and upside side by side.
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 · 814 stocks
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on assets by industry
- Fair value gap by industry
- Stock screener with 62 metrics
- Undervalued stocks: Industrials
- Valuation of the Switzerland market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Cummins Inc CMI | $450.07 | $358.52 | −20% | vs PMN |
| SIE SIE | €263.65 | €149.56 | −43% | vs PMN |
| AMETEK, Inc AME | $228.67 | $125.74 | −45% | vs PMN |
| Illinois Tool Works Inc ITW | $280.95 | $154.30 | −45% | vs PMN |
| Sandvik AB SAND | kr 357.40 | kr 194.33 | −46% | vs PMN |
| Parker-Hannifin Corporation PH | $917.79 | $492.86 | −46% | vs PMN |
| Emerson Electric Co EMR | $162.35 | $79.99 | −51% | vs PMN |
| Eaton Corporation ETN | $341.72 | $156.90 | −54% | vs PMN |
| Rockwell Automation, Inc ROK | $375.86 | $139.31 | −63% | vs PMN |
| GE Vernova Inc GEV | $774.11 | $143.50 | −81% | vs PMN |
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Key figures of PHOENIX N AG
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