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SFSN.SW
ACCE-researched

SFS Group AG (SFSN.SW) fair value

Industrials · Tools & Accessories · SIX · Switzerland
CHF 138.00+0.88%
Market cap CHF 5.4BNext earnings 2027-02-26Updated Oct 22, 2026
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Our verdict
Trades 19% above our fair value
Price
CHF 138.00
Model fair valueConfidence: good
CHF 116
Model range
CHF 72.05 to CHF 166
Fair value CHF 116
Price CHF 138
4 models fit SFS Group AG and they disagree: 1 of 4 land within 15% of the average.
Two or more of our models back this value.
Premium(i)Silver71
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionSFS Group AG (SFSN.SW)
Fair value (4 models)
CHF 116
ACCE price target
CHF 153
Rating
Overvalued
Horizon
12 months
Fair value published on 22 Oct 2026, 12:04 CEST.
ACCE price target published on 22 Oct 2026, 16:00 CEST.
Rating published on 22 Oct 2026, 12:04 CEST.
Price used: CHF 138 at the close on 23 Oct 2026, 17:30 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
18.5% above
-15.6% to fair value
ACCE score
68
out of 100
P/E
20.9x
forward 18.2x
1-year return
+25.0%
Dividend yield
1.83%

SFS Group AG in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

SFS Group makes precision-engineered fastening and assembly components, including threaded inserts, self-clinching fasteners and specialist bonding and dispensing systems, sold largely into automotive, electronics and building-related end markets. The case rests on its niche positioning: these are small, specified parts that customers design in and rarely switch, which helps explain a 58.5% gross margin and a 16.7% return on equity. Revenue growth has been slow at 1.1%, so the investment argument depends on margin discipline and on the group picking up volume as its industrial customers restock. At 20.8x trailing and 18.0x forward earnings the shares are priced for steady rather than accelerating growth, with a 13.5% operating margin leaving room for operating leverage if volumes recover. Whether that recovery arrives is the question worth testing before anything else.

AI-assisted·How I use AIWritten Oct 23, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • moderate
    Revenue growth stalling
    Revenue grew only 1.1% YoY despite a 12.5% five-year CAGR. Earnings rose 33.6%, so the gain came from margins, not sales, and that may not hold.
  • moderate
    Price above model fair value
    The forward P/E of 11.8 against a trailing 21.2 suggests earnings are expected to rise sharply.

AI research notes

AI-assisted·How I use AIWritten Oct 22, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow over the last 12 months reached CHF 274M, and the stock offers a 5.0% free cash flow yield.
  • Return on equity of 16.7% and a debt to equity ratio of 0.23 show a profitable business that carries little borrowing.
  • On forward earnings the stock trades at 11.8x, well below the sector median of 22.9x.
Why it could disappoint
  • Revenue grew just 1.1% over the last year, far below its 12.5% average annual growth across five years.
  • Consensus model fair value sits at CHF 116.44, so the share price of CHF 138.00 trades 18.5% above it.
  • The 5.1% risk-free rate used in the DCF is high, so the 6.2% yearly cash flow growth the price implies is a demanding hurdle.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Feb 26, 2027
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

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Valuation

INVESTOR
Where SFSN.SW's valuation models land
Price
CHF 138.00
Model fair value
CHF 116
Model range
CHF 72.05 to CHF 166
Fair value CHF 116
Price CHF 138
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
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  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

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Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Where it sits vs peers

News and Record

Recent performance

1 week
-1.1%
1 month
+0.1%
3 months
+5.8%
6 months
+11.7%
YTD
+27.1%
1 year
+25.0%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
22 Oct 2026, 16:00 CESTACCE price targetCHF 153first publicationCHF 139
22 Oct 2026, 12:04 CESTRatingOvervaluedfirst publicationCHF 139
22 Oct 2026, 12:04 CESTFair valueCHF 116first publicationCHF 139

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in CHF. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth55Value75Quality72Momentum70Total68
Valuation
Trailing P/E
20.9x
Forward P/E
18.2x
PEG
0.62
P/B
3.42x
EV / Revenue
1.8x
Book value/sh
CHF 40.28
Enterprise value
CHF 5.7B
Profitability
ROE
16.7%
FCF yield
5.10%
ROIC
9.1%
Health and risk
Debt / equity
0.23
Dividend yield
1.83%
Beta
0.72

Price

+25.7% · 1Y

Ask anything about SFSN.SW

Answered from SFS Group AG fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 60% of peers
low 16.8x20.9xhigh 29.4x
ROEbetter than 83% of peers
low 5%17%high 26%
Div yieldbetter than 50% of peers
low 1.2%1.8%high 4.0%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
SFSN.SW SFS Group AGCHF 138.00CHF 11619% above20.9x16.7%7268
9962.T MISUMI Group Inc.¥3591.00--22.2x12.2%6579
TKR Timken Company (The) Common Stock$109.33$9515% above29.4x8.5%6053
6586.T Makita Corporation¥5220.00--16.8x8.6%6361
TTC Toro Company (The) Common Stock$105.29$7148% above28.2x26.5%7473
GIL.DE DMG MORI AKTIENGESELLSCHAFT€47.10€2775% above-5.2%6349
SKF-B.ST SKF Bkr 269.50kr 20730% above20.4x9.8%6460

Sector report card

Where SFSN.SW ranks against its sector peers on each metric.

Computing percentiles…