Bucher Industries AG (BCHHF)
NEUTRALFundamental
60
Precio
$505.00
Capitalización Bursátil
$1.68B
Parte 1 · Cuánto vale la empresa
Resumen
Bucher Industries is a Swiss group of five largely independent divisions making specialized machinery: Kuhn builds farm equipment such as tillage tools, seeders and manure spreaders; Bucher Municipal makes street sweepers and winter maintenance vehicles; Bucher Hydraulics supplies hydraulic components; Bucher Emhart Glass builds equipment for glass container factories; and Bucher Specials makes beverage-processing and automation equipment. Each division sells to a different customer base — farmers, municipalities, industrial equipment makers, glassmakers and beverage producers.
Cómo genera ingresos
Each division manufactures and sells its own machinery directly to end customers or through dealer networks, so Bucher earns revenue from selling physical equipment rather than from services or recurring fees. Kuhn, the agricultural machinery business, is the largest piece at about 35% of group sales in 2025, and its order intake — tied to farmers' willingness to invest — swings the whole group's results more than any other division, since demand for farm equipment, municipal vehicles and industrial hydraulics does not move in sync.
Ingresos por segmento
Agricultural machinery for tillage, seeding, hay-making, and manure and fertilizer spreading, sold to farmers worldwide.
Hydraulic components and electrohydraulic systems used inside other manufacturers' machinery, from construction equipment to industrial applications.
Street sweepers, sewer-cleaning vehicles and winter maintenance equipment sold mainly to municipalities and public works contractors.
Equipment and services for manufacturing glass containers, sold to glass-bottle and jar producers.
Equipment for processing beverages plus automation and robotics solutions for industrial customers.
Qué impulsa la demanda
CíclicoKuhn's farm-equipment sales rise and fall with farmers' income and confidence, which in turn depend on crop prices, weather and government support — order intake jumped 16% in 2025 as sentiment improved after a weaker prior period. The other divisions are steadier, tied to municipal budgets and industrial capital spending, but Kuhn's size means its cycle dominates the group's results.
Los argumentos a favor
Buyers argue that Kuhn's 16% jump in order intake in 2025 signals the start of a farm-equipment recovery after a weak prior period, and that Bucher's five diversified, non-synchronized divisions smooth out the group's earnings compared with a pure-play agricultural machinery maker.
Los argumentos en contra
Sellers fear that Kuhn's size within the group means a stalled recovery in farmer investment, driven by crop prices or trade policy outside the company's control, would drag down consolidated results even if the other four divisions perform well.
Written by the editors, published on 18 de agosto de 2026
Direct competitors
Who this company fights with for the same customers
No editorial profile for this company yet
No competitor list for this company yet.
Balance y Liquidez
Ingresos
$977M
Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción
Beneficio Neto
$61M
Últimos 12 meses hasta el último trimestre publicado — estimación a partir de métricas por acción
Flujo de Caja Libre
$127M
Patrimonio Neto Total
$361M
Pasivo Total
$152M
Ratio de Liquidez
1.55
Cobertura de Intereses
-
Deuda/EBITDA
0.90
Beneficio Por Acción
Ingresos y Beneficio Neto
Flujo de Caja Libre
Desglose de Ingresos
Estado histórico
Márgenes en el tiempo
La deuda en el tiempo
Cuánto pesa la deuda
Cuadro de crecimiento
Crecimiento — Ingresos
Estimación de Valor Justo
Valor Justo
$624.27
Precio Actual
$505.00
Margen de Seguridad
+19.1%
Rango de Valor Justo
$405.78 - $842.77
Métodos de Estimación
Métricas de Valoración
Ratio P/E
27.47
ROE
31.4%
Ratio P/B
2.73
P/FCF
13.23
Margen Bruto
51.1%
ROIC
24.4%
Radar de Rentabilidad
Value Creation (Economic Moat)
ROIC
24.4%
WACC
7.6%
ROIC − WACC
+16.8 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Criterios de Análisis Fundamental
Superado (15)
- Price CAGR 5.28%
- ROIC 24.4%
- Gross Margin 51.1%
- P/FCF 13.23
- P/B Ratio 2.73
- Debt/Equity ratio
- Operating Margin 7.3%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- ROE 10.2%
- PEG Ratio 1.75
- Earnings Quality (OCF/NI) 1.36
- Net Margin Trend 10.4% vs 9.6%
Fallido (6)
- Price below Graham Number
- DCF valuation (Fairly valued)
- Revenue Growth 5Y 1.2%
- Analyst Consensus 0% Buy
- Earnings Surprise avg 0.7%
- Piotroski F-Score 2/9
No disponible (6)
- EPS data insufficient
- Dividend Payout NaN%
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Share Dilution (missing shares data)
Piotroski F-Score
Preocupaciones financieras graves
Calidad de los Beneficios
Alta calidad: beneficios respaldados por efectivo
Dilución de Acciones
Recomprando acciones. Favorable para el accionista
Gobernanza
Equipo Directivo
| Nombre | Cargo | Edad |
|---|---|---|
| Mr. Fabrice Billard | CEO & Member of Executive Board | 55 |
| Mr. Rolf Brändli | CFO, VP of Finance & Administration, Secretary and Member of Executive Board | 57 |
| Ms. Vanessa Valentin | CHRO & Member of Executive Board | 46 |
| Mr. Andreas Brautsch | President Systems Division & Member of Executive Board | 51 |
| Mr. Alvaro Grande | Head of Services of US | - |
| Mr. Martin Zingg | President of Services Division | - |
Riesgo de Auditoría
3
Riesgo del Consejo
4
Riesgo de Compensación
3
Riesgo de Derechos del Accionista
1
Parte 2 · El precio y el momento de entrar
Esta parte no sirve para saber si la empresa vale: sirve para elegir cuándo comprarla, una vez que los fundamentales te han convencido. Dentro: análisis técnico, potencial, caídas históricas, exposición gamma.
Latest News
Recent headlines for BCHHF, sourced from Markets Gazette.