Forbo Holding AG (FORN) AI Stock Analysis

• Market Cap: $1.06B
• Dividend Yield: 3.08%
• Average Volume (3M): 2.83K
• Price to Earnings (P/E): 11.1
• Beta (1Y): 1.22
• Revenue Growth: -4.53%
• EPS Growth: -6.83%
• Country: CH
• Employees: 5,059
• Sector: Industrials
• Sector Strength: 66
• Industry: Construction
• EPS (TTM): 67.50
• Shares Outstanding: 1,485,000
• 10 Day Avg. Volume: 2,937
• 30 Day Avg. Volume: 2,834
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $885.00
• Price Target Upside: 15.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Forbo Holding AG's overall stock score reflects a strong balance sheet and attractive valuation, offset by declining revenue and bearish technical indicators. The robust financial position and low P/E ratio are positives, but the downward momentum in stock price trends and moderate profitability margins are concerns. The company needs to focus on reversing the revenue decline to improve its stock performance.

Forbo Holding AG Business Overview & Revenue Model

Company Description

Forbo Holding AG (FORN) is a leading global manufacturer specializing in flooring systems, bonding systems, and movement systems. The company's flooring segment offers a wide range of linoleum, vinyl, and textile floor coverings. Its bonding systems segment provides a variety of adhesives for industrial, commercial, and residential applications. Additionally, the movement systems segment focuses on power transmission and conveyor belt solutions for industries such as logistics, food, and textiles. Headquartered in Switzerland, Forbo serves customers worldwide with innovative and sustainable solutions.

How the Company Makes Money

Forbo Holding AG generates revenue primarily through the sale of its flooring systems, bonding systems, and movement systems. The flooring systems segment is a significant contributor, with products sold to commercial, institutional, and residential markets. The bonding systems provide revenue through adhesives used in various industries, including automotive and construction. The movement systems segment adds to the revenue by supplying conveyor and power transmission belts to different sectors. Forbo's diverse product offerings and its focus on sustainable and innovative solutions help maintain strong market positions, supported by strategic partnerships and a global distribution network.

Forbo Holding AG Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.13B	1.12B	1.18B	1.29B	1.25B	1.12B
	Gross Profit
385.10M	384.90M	401.70M	440.80M	451.00M	410.20M
	EBIT
116.50M	120.60M	137.40M	152.40M	167.00M	137.30M
	EBITDA
164.70M	169.10M	185.70M	194.30M	223.70M	192.30M
	Net Income Common Stockholders
93.30M	95.10M	102.30M	101.40M	141.20M	106.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
218.80M	109.10M	69.10M	46.70M	93.30M	255.90M
	Total Assets
1.49B	975.80M	901.40M	972.50M	994.10M	1.12B
	Total Debt
65.90M	0.00	0.00	65.60M	82.40M	45.20M
	Net Debt
-105.50M	-109.10M	-69.10M	18.90M	-10.90M	-210.60M
	Total Liabilities
764.50M	349.80M	347.70M	422.40M	472.30M	438.90M
	Stockholders Equity
729.70M	626.00M	553.70M	550.10M	521.80M	683.50M
Cash Flow		Free Cash Flow
100.10M	135.60M	115.90M	50.50M	128.10M	132.40M
	Operating Cash Flow
149.80M	135.60M	160.00M	81.40M	166.90M	172.10M
	Investing Cash Flow
-49.60M	-43.80M	-44.10M	-30.90M	-38.80M	-39.60M
	Financing Cash Flow
-105.60M	-51.10M	-87.90M	-93.90M	-290.20M	-89.60M

Forbo Holding AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 763.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:FORN, the sentiment is Negative. The current price of 763 is above the 20-day moving average (MA) of 753.97, below the 50-day MA of 816.19, and below the 200-day MA of 821.85, indicating a bearish trend. The MACD of -22.98 indicates Negative momentum. The RSI at 45.87 is Neutral, neither overbought nor oversold. The STOCH value of 81.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:FORN.

Forbo Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KARN	70 Outperform	CHF1.48B	19.32		2.60%	10.38%	18.74%
AUTN	63 Neutral	$636.41M	12.21	10.83%	2.28%	1.58%	-9.05%
Sector *	63 Neutral	$4.14B	11.23	5.47%	215.40%	4.10%	-8.63%
FORN	61 Neutral	$1.06B	11.08	16.01%	3.08%	-4.53%	-6.83%
VETN	58 Neutral	CHF537.23M	78.44		3.69%	-6.31%	-78.36%
KOMN	54 Neutral	CHF484.03M	99.21		3.18%	-16.31%	-107.34%
ARBN	47 Neutral	CHF747.91M	93.40		―	―	―

Forbo Holding AG Corporate Events

Forbo Shareholders Approve Board Proposals and Leadership Changes

At its 97th Ordinary General Meeting, Forbo Holding AG’s shareholders approved all proposals by the Board of Directors, including the election of Bernhard Merki as the new Chairman and a dividend of CHF 25 per share. The meeting saw the re-election of existing board members and the approval of various remuneration packages, reflecting strong shareholder confidence in the company’s leadership and strategic direction. This transition in leadership, with the departure of long-serving Chairman This E. Schneider, marks a significant moment for Forbo as it continues to focus on sustainable growth and innovation in its industry.

Forbo Holding AG Announces New Chairman and Dividend at General Meeting

At the 97th ordinary General Meeting of Forbo Holding AG, shareholders approved all board proposals, including the election of Bernhard Merki as the new Chairman and a dividend payment of CHF 25 per share. The meeting also saw the approval of compensation packages for the Board and Executive Board, the re-election of board members, and the extension of KPMG AG’s auditor mandate. The departure of long-serving board member This E. Schneider was acknowledged, highlighting his significant contributions to the company’s strategic direction.