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Alcon AG
SIX:ALC

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Alcon AG
SIX:ALC
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Price: 59.68 CHF -0.27%
Market Cap: CHf29.8B

P/S

3.5
Current
18%
Cheaper
vs 3-y average of 4.3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.5
=
Market Cap
CHf29.4B
/
Revenue
$10.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.5
=
Market Cap
CHf29.4B
/
Revenue
$10.4B

Valuation Scenarios

Alcon AG is trading below its 3-year average

If P/S returns to its 3-Year Average (4.3), the stock would be worth CHf72.91 (22% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-44%
Maximum Upside
+26%
Average Downside
0%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.5 CHf59.68
0%
3-Year Average 4.3 CHf72.91
+22%
5-Year Average 4.4 CHf74.91
+26%
Industry Average 3.4 CHf57.46
-4%
Country Average 2 CHf33.33
-44%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
CHf29.4B
/
Jan 2026
$10.4B
=
3.5
Current
CHf29.4B
/
Dec 2026
$11.2B
=
2.6
Forward
CHf29.4B
/
Dec 2027
$11.9B
=
2.5
Forward
CHf29.4B
/
Dec 2028
$12.7B
=
2.3
Forward
CHf29.4B
/
Dec 2029
$13.4B
=
2.2
Forward
CHf29.4B
/
Dec 2030
$14.2B
=
2.1
Forward
CHf29.4B
/
Dec 2031
$14.3B
=
2.1
Forward
CHf29.4B
/
Dec 2032
$14.9B
=
2
Forward
CHf29.4B
/
Dec 2033
$15.6B
=
1.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
CH
Alcon AG
SIX:ALC
29.2B CHF 3.5 37.2
JP
Hoya Corp
TSE:7741
9.9T JPY 10.8 39.6
US
Medline Inc
NASDAQ:MDLN
59.4B USD 0 0
DK
Coloplast A/S
CSE:COLO B
91B DKK 3.3 23.2
US
Align Technology Inc
NASDAQ:ALGN
13.2B USD 3.3 32.1
UK
ConvaTec Group PLC
LSE:CTEC
4.3B GBP 2.3 32.5
JP
Asahi Intecc Co Ltd
TSE:7747
905.8B JPY 7 51.2
CA
Bausch + Lomb Corp
NYSE:BLCO
5.6B USD 1.1 -15.6
KR
HLB Inc
KOSDAQ:028300
8.2T KRW 97.4 -37.2
CN
Intco Medical Technology Co Ltd
SZSE:300677
37.7B CNY 3.8 22.2
US
Lantheus Holdings Inc
NASDAQ:LNTH
5.4B USD 3.5 23.3
P/E Multiple
Earnings Growth PEG
CH
Alcon AG
SIX:ALC
Average P/E: 32.7
37.2
32%
1.2
JP
Hoya Corp
TSE:7741
39.6
15%
2.6
US
M
Medline Inc
NASDAQ:MDLN
Not Available
30%
N/A
DK
Coloplast A/S
CSE:COLO B
23.2
21%
1.1
US
Align Technology Inc
NASDAQ:ALGN
32.1
34%
0.9
UK
ConvaTec Group PLC
LSE:CTEC
32.5
41%
0.8
JP
A
Asahi Intecc Co Ltd
TSE:7747
51.2
40%
1.3
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -15.6 N/A N/A
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -37.2 N/A N/A
CN
Intco Medical Technology Co Ltd
SZSE:300677
22.2
12%
1.8
US
Lantheus Holdings Inc
NASDAQ:LNTH
23.3
30%
0.8

Market Distribution

In line with most companies in Switzerland
Percentile
67th
Based on 1 091 companies
67th percentile
3.5
Low
0 — 1
Typical Range
1 — 3.9
High
3.9 —
Distribution Statistics
Switzerland
Min 0
30th Percentile 1
Median 2
70th Percentile 3.9
Max 2 594.8

Alcon AG
Glance View

Alcon AG, headquartered in Geneva, Switzerland, emerges as a global leader in eye care, having spun off from Novartis in 2019 to operate independently. The company traces its roots back to a small pharmacy established in Fort Worth, Texas, in 1945, gradually expanding under the strategic vision of its founders. Today, Alcon stands at the intersection of innovation and necessity, catering to a world increasingly aware of eye health. The firm specializes in two main sectors: Surgical and Vision Care. In the Surgical division, Alcon offers advanced technologies and devices for ophthalmic surgery, encompassing cataract, retinal, and refractive procedures. Through these innovations, Alcon not only enhances patient outcomes but also streamlines operations for eye care professionals, carving out a significant market share in surgical solutions. Meanwhile, the Vision Care segment thrives by addressing the burgeoning demand for contact lenses and ocular health products. Alcon’s portfolio features daily disposable and reusable lenses, supported by innovative technologies that prioritize comfort and clarity of vision. Additionally, the company provides comprehensive eye care products, including lens care solutions, which enhance user satisfaction and ensure sustained demand. Alcon’s revenue model hinges on its ability to deliver cutting-edge products that meet the evolving needs of consumers and professionals alike. Through strategic investments in research and development and a strong distribution network, Alcon perpetually reinforces its market presence, securing its position as a formidable player in the eye care industry.

ALC Intrinsic Value
59.96 CHF
Fairly Valued
Intrinsic Value
Price CHf59.68
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