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Straumann Holding (STMN) Fair Value & Analysis

Healthcare · CH · Market cap CHF 16.7B

SH Straumann Holding STMN · SW
PriceCHF 102.90
Fair ValueCHF 47.31
Upside-54.0%
Quality66/100
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Healthy Growth
Solidly profitable · 13.7% net margin
Low debt · generates free cash flow
0.95% dividend yield
Trails peers (5/15)
Wide moat 69/100
Evidence: High Range CHF 28.62 – CHF 61.74 Share as image

Fair value as of: Jul 14, 2026

From 26 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from CHF 47.36 to CHF 47.31 (−0.1%) since Jun 24, 2026. Share price +0.2% over the past month.

A solid business, but screening 54% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (CHF 61.74). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (CHF 28.62 to CHF 61.74) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

CHF 199.75 CHF 74.97 Fair Value CHF 47.31 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range CHF 74.97 – CHF 199.75 · fair‑value band CHF 28.62 – CHF 61.74 · the CHF 102.90 price screens above the CHF 47.31 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Straumann Holding (STMN) currently trades at CHF 102.90, while our model-based Fair Value estimate is CHF 47.31, implying the stock looks roughly 54.0% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Healthcare 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, Straumann Holding generated revenue of CHF 2.6B at a net margin of 13.7%. Revenue grew 2.2% year over year. It earns a return on equity of 17.0%. Net debt stands at CHF 175M. Fundamentals as of Jul 14, 2026

Our scenario range runs from CHF 28.62 (bear case) to CHF 61.74 (bull case); at CHF 102.90, 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 7% below its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -31% fair-value upside, at -54%, STMN 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 25.97 CHF 39.03 CHF 58.23 80
Residual Income CHF 14.72 CHF 18.93 CHF 51.54 76
Rev-Margin DCF CHF 29.58 CHF 48.75 CHF 71.50 74
All 26 models by family
DCF Models
FCF DCF CHF 25.71 CHF 40.81 CHF 64.70 38
Owner Earnings CHF 26.50 CHF 42.09 CHF 66.76 31
5Y Revenue Exit CHF 29.58 CHF 49.03 CHF 74.42 39
5Y EBITDA Exit CHF 37.27 CHF 63.82 CHF 95.57 41
5Y P/E Exit CHF 31.64 CHF 52.98 CHF 75.97 38
10Y Revenue Exit CHF 26.99 CHF 44.60 CHF 69.38 36
10Y EBITDA Exit CHF 32.93 CHF 55.02 CHF 85.93 37
10Y P/E Exit CHF 29.30 CHF 47.39 CHF 70.59 35
Earnings-Based
Graham-Dodd CHF 15.27 CHF 53.79 CHF 72.36 54
Lynch FV CHF 12.57 CHF 17.96 CHF 23.35 50
PEG = 1.0 CHF 12.57 CHF 17.96 CHF 23.35 46
EPV CHF 28.41 CHF 32.91 CHF 36.85 59
Dividend Discount
Gordon GGM CHF 8.71 CHF 18.12 CHF 28.75 70
DDM Multi-Stage CHF 8.71 CHF 15.28 CHF 19.02 61
Multiples
P/E Multiple CHF 37.05 CHF 49.39 CHF 61.74 63
P/S Multiple CHF 28.63 CHF 38.17 CHF 47.71 58
P/B Multiple CHF 28.63 CHF 38.17 CHF 47.71 55
EV/EBIT CHF 45.31 CHF 59.95 CHF 74.58 53
EV/EBITDA CHF 47.98 CHF 63.50 CHF 79.02 54
EV/Revenue CHF 32.75 CHF 46.18 CHF 59.60 43
Asset-Based
NCAV (Graham) CHF 6.77 CHF 9.08 CHF 13.55 50
Growth DCF
Growth DCF CHF 25.97 CHF 39.03 CHF 58.23 80
Rev-Margin DCF CHF 29.58 CHF 48.75 CHF 71.50 74
Economic Profit
Residual Income CHF 14.72 CHF 18.93 CHF 51.54 76
ROIC Compounder CHF 30.75 CHF 38.88 CHF 48.45 72
Growth Earnings
Growth-Adj P/E CHF 31.85 CHF 45.50 CHF 59.15 68

Widest divergence: DCF Models (CHF 47.39) versus Asset-Based (CHF 9.08). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) CHF 2.6B
Revenue growth (YoY) +2.2%
Net margin 13.7%
Return on equity 17.0%
Free cash flow CHF 330M FY2025
P/E ratio 46.9
More key figures
Operating margin 23.8%
EPS (TTM) CHF 2.23
Dividend yield 1.0%
EPS growth (YoY) -25.3%
Net debt CHF 175M FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 66 · Market factors (momentum, volatility) 54

Profitability 63
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 81
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

Straumann Holding AG provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally. It operates through Sales Europe, Middle East and Africa; Sales North America; Sales Asia Pacific; Sales Latin America; and Operations segments.

Full company description

Straumann Holding AG provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally. It operates through Sales Europe, Middle East and Africa; Sales North America; Sales Asia Pacific; Sales Latin America; and Operations segments. The company offers dental implants, instruments, CADCAM prosthetics, orthodontic and clear aligners, biomaterials, and digital equipment and solutions for use in tooth correction, replacement, and restoration, as well as to prevent tooth loss. It also provides implant systems, components, and related instruments, as well as healing components, materials and surfaces, surgical sets and instruments, and guided surgery and navigation products; prosthetics, including angled solutions, connections, components, and molar solutions; intra-oral and lab scanners, milling machines, dynamic navigation systems, and 3D printers; consumables, such as blocks, discs, resins, titanium bases, and abutment blanks, as well as scan bodies, analogs, and sleeves; online education; and dentists and dental labs solutions. In addition, the company offers regenerative solutions for tooth preservation, implant-site management, and implant preservation; scanner hardware, software licenses, sterile-packaged products, customer training, and other products; and logistics and supply chain services. Further, it provides thermoplastics; implant treatment referral; high-tech materials; artificial intelligence solutions for dental applications; and 3D orthodontic treatment animations. The company sells its products under the Straumann, Neodent, Medentika, Anthogyr, ClearCorrect, NUVO, and other brands through a network of distribution subsidiaries and partners, and third-party distributors, as well as through its e-shop. It serves clinicals needs, patient segments, and healthcare systems. Straumann Holding AG was founded in 1954 and is headquartered in Basel, Switzerland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Straumann Holding reported revenue of CHF 2.6B in FY2025 versus CHF 2.0B in FY2021, a compound +6.5%/yr. Reported net income was CHF 358M in FY2025, compounding −2.5%/yr from FY2021.

Growth Quality 98/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
CHF 2.6B
Latest YoY
+4.0%
Avg. growth/yr (3Y)
+3.9%
Avg. growth/yr (5Y)
+12.8%
Avg. growth/yr (23Y)
+10.3%
Revenue +6.5%/yr
FY21 CHF 2.0B
FY22 CHF 2.3B
FY23 CHF 2.4B
FY24 CHF 2.5B
FY25 CHF 2.6B
Net income −2.5%/yr
FY21 CHF 396M
FY22 CHF 435M
FY23 CHF 246M
FY24 CHF 388M
FY25 CHF 358M

STMN screens 54% overvalued. Compare with Intuitive Surgical, Inc →

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Cite: Fair Value Calculator (2026). "Straumann Holding Fair Value". https://www.fairvalue-calculator.com/stock/STMN

Peer Group

Medical Instruments & Supplies · 203 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 66 · Top 25%
Fair Value upside −54% · Below median
Return on equity (TTM) 17% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 14% · Above median
Operating margin (TTM) 24% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.12× · Higher than median

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/E (TTM) 46.9× · Pricier than 75% of peers
P/B 9.54× · Pricier than 75% of peers
P/S (TTM) 7.91× · Pricier than 75% of peers
P/FCF 62.5× · Pricier than 75% of peers
EV/EBITDA 27.2× · Pricier than 75% of peers
PEG 1.57× · Pricier 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 11 · sector 27
PAST 68 · sector 25
HEALTH 94 · sector 96
DIVIDEND 19 · sector 32

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.33 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €172.45 €68.55 -60%
Medline Inc MDLN $41.11 $30.15 -27%
Becton, Dickinson and Company BDX $150.65 $103.53 -31%
Alcon Inc ALC $70.26 $39.78 -43%
ResMed Inc RMD $203.87 $187.89 -8%
West Pharmaceutical Services, Inc WST $353.71 $143.97 -59%
Sartorius Stedim Biotech S.A DIM €188.50 €51.16 -73%
Coloplast A/S COLOB kr 414.00 kr 382.22 -8%
Solventum Corporation SOLV $81.31 $117.08 +44%

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Frequently asked questions

Is Straumann Holding (STMN) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of CHF 47.31 versus a price of CHF 102.90, about −54% (overvalued).
What is the fair value of STMN?
Our model-based fair value for Straumann Holding is CHF 47.31 (as of Jul 14, 2026), built from audited fundamentals. The current price is CHF 102.90.
What is the quality score of STMN?
Straumann Holding has a Quality Score of 66/100. 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 Straumann Holding (STMN)?
Straumann Holding reported trailing-twelve-month revenue of about CHF 2.6B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of STMN?
The net profit margin of Straumann Holding is about 13.7%, meaning it keeps roughly 13.7% of revenue as net income. Based on the latest reported figures.
Does Straumann Holding pay a dividend?
Straumann Holding currently shows a dividend yield of about 1.11% relative to its recent price (as of Jul 14, 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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