The Discounted Cash Flow (DCF) valuation of Groupe Minoteries SA (GMI.SW) is 180.71 CHF. With the latest stock price at 240.00 CHF, the upside of Groupe Minoteries SA based on DCF is -24.7%.

Is GMI.SW a buy or a sell?

Based on the latest price of 240.00 CHF and our DCF valuation, Groupe Minoteries SA (GMI.SW) is a sell. Selling GMI.SW stocks now will result in a potential gain of 24.7%.

	Range	Selected
WACC / Discount Rate	4.0% - 6.7%	5.4%
Long-term Growth Rate	1.0% - 3.0%	2.0%
Fair Price	124.77 - 509.9	180.71
Upside	-48.0% - 112.5%	-24.7%

240.00 CHF

Stock Price

180.71 CHF

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

GMI.SW DCF Valuation: Revenue & Expenses Forecast

(CHF in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	145	152	155	158	162	166
% Growth	2%	5%	2%	2%	3%	2%

Cost of goods sold	(101)	(106)	(108)	(111)	(114)	(116)
% of Revenue	70%	70%	70%	70%	70%	70%

Selling, G&A expenses	(22)	(23)	(23)	(23)	(24)	(25)
% of Revenue	15%	15%	15%	15%	15%	15%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(16)	(17)	(17)	(17)	(18)	(18)
% of Revenue	11%	11%	11%	11%	11%	11%

Tax expense	(1)	(1)	(1)	(1)	(1)	(1)
Tax rate	13%	14%	14%	14%	14%	14%

Net profit	5	6	6	6	6	6
% Margin	4%	4%	4%	4%	4%	4%