PHOENIX N AG (PMN) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of PHOENIX N AG CHF 285, price CHF 457, upside -37.7%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch PHOENIX N AG for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range CHF 247.46 – CHF 463.20 · fair‑value band CHF 241.21 – CHF 417.81 · the CHF 457.00 price screens above the CHF 284.94 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow PHOENIX N in your weekly email
Every Wednesday you see whether PHOENIX N is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
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.
Show more
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. 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 457.00, while our model-based Fair Value estimate is CHF 284.94, implying the stock looks roughly 60.4% overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of CHF 682.88 per share, and 7 of the 15 models we run sit above the CHF 457.00 price.
Bear case: the Asset-Based group reads lowest at CHF 189.89, and 8 of the 15 models stay below the price. Evidence for this calculation is medium.
Scenario range: CHF 241.21 (bear) to CHF 417.81 (bull), the price of CHF 457.00 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 59/100 (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 424M · P/E ratio 15.2 · P/S ratio 0.62 · EPS (TTM) CHF 30.07 · Dividend yield 4.3% · Net margin 4.0% · Return on equity 11.3% · Return on assets (EBIT) 8.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −49% fair-value upside, at −38%, PMN screens cheaper than that median.
Fair Value models
Bear CHF 241.21Fair Value CHF 284.94Bull CHF 417.81
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (CHF 7.58 per share) are deliberately not added.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 ⓘEvidence = 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.
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.24/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−2.4%
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.
−1.4%
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.
+2.0%
Start year 2020 (pandemic). Over 10 years: +3.1% a year
Revenue growth 23 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.
+3.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+21.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.4%
Dividend (yield on the price)4.3%
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.3% → 6%
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 832 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−38% · Below median
Profitability
Return on equity (TTM)11% · Above median
Return on assets6% · Top 25%
Net margin (TTM)4% · Below median
Operating margin (TTM)10% · Above median
Growth and dividend
Revenue growth−5% · Below median
Dividend yield (TTM)4.3% · Top 25%
Balance sheet
Debt / equity0.19× · Above median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (TTM)15.2× · Cheapest 25%
P/B1.98× · Cheaper than median
P/S (TTM)0.69× · Cheapest 25%
EV/EBITDA6.0× · Cheapest 25%
PEG1.89× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 22
PAST (return on equity)45· sector 28
HEALTH (low debt)91· sector 95
DIVIDEND (yield)85· sector 24
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). "PHOENIX N AG Fair Value". https://www.fairvalue-calculator.com/stock/PMN
Frequently asked questions
Is PHOENIX N AG (PMN) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of CHF 284.94 versus a price of CHF 457.00, about −38% upside (overvalued).
What is the fair value of PMN?
Our model-based fair value for PHOENIX N AG is CHF 284.94 (as of Sep 23, 2026), built from audited fundamentals. The current price: CHF 457.00.
What is the quality score of PMN?
PHOENIX N AG has a Quality Score of 59/100. 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 PHOENIX N AG (PMN)?
Our model-based price target is the fair value of CHF 284.94 (as of Sep 23, 2026) from 15 valuation models. Cautious scenario CHF 241.21, optimistic scenario CHF 417.81. It is a calculation from audited fundamentals, not an analyst target.
What is the PHOENIX N AG stock forecast for 2026?
Our models put fair value at CHF 284.94, about −38% upside versus a price of CHF 457.00 (overvalued). Cautious scenario CHF 241.21, optimistic scenario CHF 417.81. The calculation is refreshed regularly with new filings.
What is the revenue of PHOENIX N AG (PMN)?
PHOENIX N AG reported trailing-twelve-month revenue of about CHF 749M (latest available figure, as of Sep 23, 2026).
Does PHOENIX N AG pay a dividend?
PHOENIX N AG currently shows a dividend yield of about 4.27% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of PHOENIX N AG (PMN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For PHOENIX N AG it is CHF 284.94 per share (as of Sep 23, 2026), against a price of CHF 457.00. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is PHOENIX N AG stock overvalued or undervalued in 2026?
As of Sep 23, 2026, PMN trades above its calculated fair value: price CHF 457.00, fair value CHF 284.94, a gap of about −38% (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 PMN?
No. The price is what the market pays today (CHF 457.00); the fair value is what the company's own numbers justify (CHF 284.94). For PHOENIX N AG the two are CHF 172.06 per share apart. That gap is exactly why we show both numbers side by side.
How much is PHOENIX N AG worth?
The market values PHOENIX N AG at about CHF 424M (market capitalisation, as of Sep 23, 2026). Per share that is CHF 457.00; our models calculate a fair value of CHF 284.94 per share.
What do the bullish and bearish scenarios say about PMN?
Our models span a range for PHOENIX N AG: cautious scenario CHF 241.21, base CHF 284.94, optimistic CHF 417.81 per share (as of Sep 23, 2026, price CHF 457.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PMN?
PHOENIX N AG trades at a price-to-earnings ratio of 15.2 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of CHF 284.94 is built from several models across several years. Other multiples: PEG 1.9, P/B 2.0, P/S 0.7, EV/EBITDA 6.0.
What is the PEG ratio of PMN?
The PEG ratio of PHOENIX N AG is 1.89 (P/E divided by earnings growth, as of Sep 23, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of PHOENIX N AG (PMN)?
Balance-sheet figures for PHOENIX N AG (as of Sep 23, 2026): return on equity 11.3%, debt of 0.19 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is PMN from its 52-week high?
PHOENIX N AG trades at CHF 457.00, at its 52-week high of CHF 458.00 and 20% above the low of CHF 381.90 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 284.94 is for.
Which stocks are comparable to PHOENIX N 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 PHOENIX N AG stock attractive at the current price?
The data as of Sep 23, 2026: price CHF 457.00, calculated fair value CHF 284.94 (−38%), Quality Score 59/100, from 15 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 PMN calculated?
We run PHOENIX N AG through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of CHF 284.94, 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 14.1 % above its aggregate fair value. PHOENIX N 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 PHOENIX N AG (PMN)?
The closing price on Sep 23, 2026 was CHF 457.00. Our model-based fair value is CHF 284.94, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with PHOENIX N AG right now?
The price sits above even our optimistic bull case (CHF 417.81). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of PHOENIX N AG
How large is the market capitalisation of PHOENIX N AG (PMN)?
The market capitalisation of PHOENIX N AG is CHF 424M. 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 PHOENIX N AG (PMN)?
The price-to-sales ratio of PHOENIX N AG is 0.62 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of PHOENIX N AG (PMN)?
Earnings per share at PHOENIX N AG are CHF 30.07 (price ÷ EPS = P/E 15.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of PHOENIX N AG (PMN)?
The dividend yield of PHOENIX N AG is 4.3% (payout 64.8%). 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 PHOENIX N AG (PMN)?
The net margin of PHOENIX N AG is 4.0% (fiscal year 2025). 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 PHOENIX N AG (PMN)?
The return on equity (ROE) of PHOENIX N AG is 11.3% (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 PHOENIX N AG (PMN)?
On an EBIT basis the return on assets of PHOENIX N AG is 8.5% (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 PHOENIX N AG (PMN)?
The operating margin of PHOENIX N AG is 9.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at PHOENIX N AG (PMN)?
Revenue at PHOENIX N AG is growing −4.5% versus a year earlier (3y avg −1.4%). 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 PHOENIX N AG (PMN)?
Earnings per share at PHOENIX N AG are growing −4.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does PHOENIX N AG (PMN) generate?
The free cash flow of PHOENIX N AG is −CHF 1.7M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does PHOENIX N AG (PMN) hold?
PHOENIX N AG holds more cash than debt, CHF 81.9K net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch PHOENIX N AG in the live analysis
One click puts PHOENIX N AG on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
