Added to YB: 2026-08-06
Pitch date: 2026-08-04
COTN.SW [neutral]
Comet Holding AG
-1.97%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Comet Holding AG, together with its subsidiaries, provides X-ray and radio frequency (RF) power technology solutions in Europe, North America, Asia, and internationally.
Market Cap
CHF 2.9B
Pitch Price
CHF 374.80
Price Target
N/A
Dividend
0.13%
EV/EBITDA
55.23
P/E
185.20
EV/Sales
6.17
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Comet (COTN Switzerland): Semiconductor upcycle accelerates as orders point to a much larger business in 2027
COTN.SW (overview): Semiconductor upcycle play. Q2 order intake +45% QoQ to CHF210m (~CHF840m annualized run rate). Rev to grow ~25% in 2026, 30-40% in 2027. EBITDA margin 13.1% H1, reaching ~25% by 2027 as one-offs fade + operating leverage. EBITDA could nearly double in 2yrs. DRAM/logic driving, NAND recovery yet to contribute. CA20 packaging & Synertia adding upside. Trades below historical multiples.
Read full article (2 min)