Implenia AG (IMPN) AI Stock Analysis

• Market Cap: CHF815.57M
• Dividend Yield: 1.91%
• Average Volume (3M): 83.78K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.74
• Revenue Growth: -1.03%
• EPS Growth: -34.58%
• Country: CH
• Employees: 7,639
• Sector: Industrials
• Sector Strength: 65
• Industry: Construction
• EPS (TTM): 5.03
• Shares Outstanding: 18,472,000
• 10 Day Avg. Volume: 57,862
• 30 Day Avg. Volume: 83,780
• 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: CHF46.38
• Price Target Upside: 4.93% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Implenia AG's strong balance sheet, characterized by zero debt and a solid equity ratio, is a significant strength. However, challenges in revenue growth and net profit margins, along with cash flow issues, indicate areas for improvement. The technical analysis shows an upward trend, and the valuation suggests the stock is undervalued, which could attract investors. Overall, the stock has a stable outlook with potential for positive performance if financial and operational efficiencies are improved.

Implenia AG Business Overview & Revenue Model

Company Description

Implenia AG offers construction and services for the entire lifecycle of buildings and complex structures. It develops real estate projects, road construction and civil works, civil and materials engineering systems, and other construction projects. The company focuses on various end markets, from housing and healthcare to airport runways and large tunnels for road transportation. Implenia operates in five business segments: Development, Switzerland (majority of total revenue), Infrastructure and International. It mixes resources to help in many areas and implements the design with experienced professionals. Additional revenue is generated from repairing existing structures and modernizing residential and commercial properties.

How the Company Makes Money

Implenia AG generates revenue through its diverse portfolio of services in the construction and real estate sectors. Key revenue streams include large-scale construction and infrastructure projects, where the company leverages its expertise in engineering, planning, and project management. The company also earns income from real estate development projects, including the acquisition, development, and sale of residential and commercial properties. Partnerships and collaborations with government bodies, municipalities, and private enterprises are significant contributors to its earnings, allowing Implenia to secure contracts for major infrastructure and building projects. Additionally, the company's focus on sustainability and innovation in construction techniques helps it to maintain a competitive edge and attract new business.

Implenia 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
3.61B	3.56B	3.60B	3.56B	3.76B	3.99B
	Gross Profit
901.37M	1.56B	1.47B	1.44B	1.51B	1.27B
	EBIT
270.44M	0.00	326.83M	142.58M	105.97M	-260.33M
	EBITDA
199.72M	243.89M	217.89M	202.22M	198.58M	-54.04M
	Net Income Common Stockholders
134.94M	92.36M	140.96M	104.75M	61.16M	-132.05M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
349.62M	402.00M	478.81M	609.04M	796.89M	719.99M
	Total Assets
1.68B	3.10B	2.91B	2.75B	2.99B	2.94B
	Total Debt
199.76M	0.00	635.42M	645.95M	880.25M	732.84M
	Net Debt
-149.51M	-402.00M	156.61M	37.17M	258.33M	12.85M
	Total Liabilities
1.18B	2.44B	2.33B	2.27B	2.64B	2.64B
	Stockholders Equity
488.99M	652.32M	568.29M	476.20M	333.96M	278.74M
Cash Flow		Free Cash Flow
78.17M	-37.54M	-90.14M	89.41M	-116.34M	-222.42M
	Operating Cash Flow
147.03M	43.16M	-30.37M	128.13M	-69.25M	-161.53M
	Investing Cash Flow
-254.84M	-96.71M	17.71M	170.87M	-123.25M	-31.81M
	Financing Cash Flow
99.97M	-23.91M	-99.08M	-294.33M	107.42M	4.16M

Implenia AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 44.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:IMPN, the sentiment is Positive. The current price of 44.2 is above the 20-day moving average (MA) of 41.27, above the 50-day MA of 38.98, and above the 200-day MA of 32.63, indicating a bullish trend. The MACD of 1.35 indicates Negative momentum. The RSI at 66.07 is Neutral, neither overbought nor oversold. The STOCH value of 97.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:IMPN.

Implenia AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IMPN	75 Outperform	CHF815.57M	8.77	15.10%	1.91%	-1.03%	-34.58%
Sector *	62 Neutral	$4.16B	11.31	5.46%	215.65%	4.12%	-8.47%
OERL	62 Neutral	CHF1.04B	15.81		6.05%	-11.92%	100.79%
VETN	58 Neutral	CHF537.23M	78.44		3.69%	-6.31%	-78.36%
RIEN	47 Neutral	CHF284.50M	27.33		4.71%	-39.44%	-85.89%
ARBN	47 Neutral	CHF747.91M	93.40		―	―	―

Implenia AG Corporate Events

Implenia Secures Major Contract for Munich S-Bahn Expansion

Implenia AG, in partnership with HOCHTIEF, has been awarded a significant contract by Deutsche Bahn for the construction of the eastern section of the 2nd S-Bahn main line in Munich. This project, which includes constructing tunnels and connecting structures, aims to enhance Munich’s public transport infrastructure by relieving congestion and improving travel times. The project is set to begin in June 2025 and complete by May 2033, continuing the successful collaboration between Implenia and HOCHTIEF.

Implenia Strengthens Financial Structure with CHF 220 Million Bond Issuance

Implenia has successfully placed a CHF 220 million bond on the Swiss capital market, enhancing its financial structure. The bond, with a 4-year term and 2.50% interest rate, will support general corporate purposes, including refinancing existing debts. This strategic move is expected to extend the company’s maturity profile and strengthen its financial position, with the bond set to be listed on the SIX Swiss Exchange.

Implenia Secures Major Contracts in Data Centers, Healthcare, and Infrastructure

Implenia AG has secured several significant contracts worth over CHF 150 million in the areas of data centers, healthcare, and energy and transportation infrastructure across Switzerland, Germany, and Austria. These projects, including a new data center for Green in Lupfig, the facade for Heidekreis-Klinikum in Germany, and the Klinikum 2 at University Hospital Basel, align with Implenia’s strategic focus on large projects and sector specialization. The contracts are expected to enhance Implenia’s market position and demonstrate its capabilities in delivering innovative and sustainable solutions, potentially impacting stakeholders positively by showcasing growth potential in these sectors.

Implenia AG Shareholders Approve All Proposals at 2025 General Meeting

At the General Meeting of Implenia AG, shareholders approved all proposals, including a dividend of CHF 0.90 per share and the 2024 financial statements, with overwhelming support. The meeting confirmed the re-election of existing board members and introduced Marie-Noëlle Zen-Ruffinen as a new board member, reflecting strong shareholder confidence in the company’s leadership and strategic direction.

Implenia Secures Major Railway Project in Sweden

Implenia AG has been awarded a significant contract by the Swedish Transport Authority to construct a section of the ‘East Link’ railway project in Sweden, valued at approximately CHF 130 million. This project, which includes building bridges, railway tracks, and renovating existing structures, is part of a strategic partnership under the ‘Design and Build’ model, aligning with Implenia’s expertise in large infrastructure projects. The ‘East Link’ project aims to enhance connectivity and regional development along the Swedish east coast, improving train frequency and reducing travel times.