Swisscom AG

Fr 720.00As of Sun 8 Nov 2026, 12:00 UTC

SWX:SCMNCommunication

Country Switzerland

PE (Fwd) •••

TSR 10Y CAGR 9.30%

Div yield 3.75%

ROE 10.55%

Telecom Services

Beta (5Y) 0.42

PE TTM 28.83

TSR TTM 26.88%

Mkt cap Fr 37.30B

ROIC 5.74%

SE Grade™

Value

Quality

Moat

Consensus

Reference

Fr 874

21.37%

(23.04%)

Hold 1|10|11|8|7

TTM

FYE 31 Dec CHF

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

11.05

RevenueFr B

14.51

14.70

15.13

15.11

15.07

15.04

14.89

15.03

14.83

14.89

11.67

(0.24%)

0.61%

17.61

Revenue growth%

3.72

2.35

1.16

0.40

2.90

5.04

2.97

2.58

3.53

4.76

17.15

3.53

2.94

19.23

Gross margin%

19.68

19.60

21.91

20.45

18.92

17.00

19.64

18.57

17.91

18.82

23.68

18.57

19.26

11.45

Operating margin%

20.91

19.62

18.70

16.12

18.01

19.10

16.86

15.95

15.46

12.74

17.58

15.95

17.44

14.12

Net margin%

24.50

23.89

25.03

23.41

25.57

26.10

27.54

26.80

29.40

31.68

11.84

27.54

25.83

32.95

P/E ratio (avg)x

15.72

15.78

14.14

12.86

13.14

13.27

13.94

13.24

13.48

14.29

12.17

13.48

13.71

24.88

EV/EBITx

14.07

14.74

15.25

14.32

15.39

15.84

14.58

14.32

14.44

12.78

8.684

14.44

14.51

22.55

FCF yield (avg)%

12.86

13.06

15.07

12.13

13.66

15.71

16.10

16.89

17.05

15.95

25.60

16.10

15.39

16.23

FCF margin%

9.61

8.84

8.81

7.34

6.09

7.42

6.65

6.74

7.18

9.43

17.82

7.18

7.38

0.993

FCF / Net incomex

1.983

2.334

2.453

2.895

3.349

3.689

4.169

4.847

5.389

6.240

1.042

4.847

3.519

17.36

ROIC%

18.92

16.45

17.75

18.47

15.83

17.20

17.42

18.65

16.36

16.38

9.93

17.20

17.31

26.44

Return on equity%

30.19

31.91

34.50

33.88

32.95

30.40

28.22

29.39

29.16

31.27

4.28

29.39

30.84

7.50

Return on assets%

21.68

23.60

22.47

20.92

21.58

18.61

19.02

21.22

22.89

25.05

2.22

21.22

21.63

21.53

EPSFr

35.03

39.46

43.27

44.40

41.49

47.81

47.44

46.84

52.19

56.92

24.04

6.53%

5.16%

—

21.19

EPS growth%

1.87

0.40

0.93

3.78

1.44

2.72

0.40

0.61

16.92

1.44

0.77

76.10

Bookvalue per shFr

61.08

59.10

54.08

53.07

54.69

56.10

55.89

57.99

62.40

62.92

67.70

2.84%

(0.29%)

—

48.49

FCF per shareFr

56.52

60.02

60.61

54.18

52.62

53.36

46.62

44.31

39.05

36.33

24.42

(7.14%)

(4.45%)

—

75.38

Dividend per shFr

110.52

125.62

130.57

148.85

158.76

154.63

179.44

171.49

166.44

189.07

12.67

3.56%

5.54%

—

5.16

Div yield (avg)%

2.27

3.94

3.25

4.52

7.42

4.67

3.92

2.15

1.56

3.42

13.30

3.42

3.67

22.93

Payout ratio%

8.31

9.18

10.55

12.40

12.97

10.53

8.96

7.59

9.78

7.11

6.18

8.96

9.48

52.36

Shares (diluted)M

60.92

72.06

75.28

81.84

92.80

100.5

114.0

120.9

142.0

163.3

51.04

11.96%

11.17%

11.59

Buyback yield%

19.99

19.95

17.40

15.57

17.26

19.38

21.73

23.00

24.81

22.70

13.09

22.70

19.97

0.913

D/E ratiox

0.615

0.575

0.657

0.624

0.636

0.720

0.684

0.696

0.684

0.202

0.684

0.657

11.74

Enterprise valueFr B

11.35

10.81

10.26

10.16

9.852

10.12

9.171

9.179

9.192

9.246

3.582

(1.26%)

(2.40%)

10.60

LT debtFr B

0.733

0.779

0.794

0.745

0.782

0.727

0.738

0.696

0.723

0.726

12.78

(1.47%)

0.28%

Peers (US$45.74B)

Cap (US$)

Sunrise Communications…

3.968B

—

SMG Swiss Marketplace…

3.764B

32.44x

TX Group AG

2.364B

—

Orange S.A.

45.08B

11.41x

Capital

TTM

10Y

Leveragex

1.096

0.156

0.153

EBIT/Intx

2.231

0.069

0.077

Own earn%

9.73

64.00

53.08

Sh yield%

16.74

25.64

24.36

Owners

Insiders/Inst%

13.00

57.61

Short interest%

1.16

SBC / revenue%

3.70

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

13–21

$1 testx

—

Incr. ROIC%

−1

Swisscom AG provides telecommunication services in Switzerland, Italy, and internationally. It operates through Switzerland, Italy, and Other segments.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

Fr 14.89B

0.61%

1.00×

Cost of revenue

Fr 10.42B

0.61%

1.00×

Operating expenses

Fr 2.704B

0.76%

1.01×