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Swiss provider of electrical installation and building-technology services for construction and renovation projects.
Swiss provider of electrical installation and building-technology services for construction and renovation projects.
In one line: A Swiss electrical installation services firm like a smaller EMCOR Group.
Moat: none (installed base, distribution). Local installation services with limited differentiation versus other Swiss electrical contractors.
Headquarters: Zurich, Switzerland · Founded: 1943 · Employees: 5,356
Size Burkhalter (BRKN.SW) is a Switzerland Industrials company (Engineering & Construction) with a market value of $1.71B, the 100th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 131.20 on 6 Nov 2026.
Performance Over six months the shares fell 26.8%, against -7.2% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue fell 2.4% over the last twelve months (peer median +1.6%); the operating margin is 6.4% (peer median 6.3%).
Valuation It trades at 21.5× forward earnings against a peer median of 15.0× (6th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about -1% a year for seven years (Req g). Recent delivered growth is +19%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 52.9 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CHF 1.16B | CHF 1.20B | CHF 1.16B | CHF 1.16B | CHF 758M |
| Revenue growth | — | +4% | 0% | +53% | — |
| Gross profit | CHF 175M | CHF 171M | CHF 166M | CHF 154M | CHF 114M |
| EBITDA | CHF 82.8M | CHF 74.8M | CHF 74.4M | CHF 68.1M | CHF 49.6M |
| Net income | CHF 63.3M | CHF 61.3M | CHF 57.2M | CHF 51.9M | CHF 38.5M |
| Free cash flow | CHF 102M | CHF 101M | CHF 75.6M | CHF 52.3M | CHF 44.9M |
| Capital expenditure | CHF 9.24M | CHF 9.29M | CHF 14.4M | CHF 14.1M | CHF 6.33M |
| Total debt | n/a | CHF 22.9M | CHF 50.7M | CHF 75.5M | CHF 65.2M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Burkhalter BRKN.SW | $1.71B | -27% | -2% | 6% | 21.5× | -1.3% |
| Bravida BRAV.ST | $3.00B | +30% | +4% | 6% | 19.0× | 5.3% |
| Implenia IMPN.SW | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% |
| Emcor EME | $26.6B | -34% | +22% | 10% | 15.5× | 6.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BRKN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.7% | -1.7% | 4th highest of 21 |
| 6-month return | -26.8% | -7.2% | 4th lowest of 21 |
| Distance from 52-week high | -31.8% | -26.8% | 7th lowest of 21 |
| Revenue growth (TTM) | -2.4% | +1.6% | 10th lowest of 21 |
| Operating margin | 6.4% | 6.3% | 11th highest of 21 |
| Forward P/E | 21.5× | 15.0× | 6th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | -1.3% | 4.1% | 7th least demanding of 15 |
| Growth delivered (Del g) | +19.0% | +4.4% | 3rd highest of 15 |
| Hurdle (Req g minus delivered) | -20.3 pp | -6.0 pp | 3rd least demanding of 15 |
| ROIC minus cost of capital | +52.9 pp | +1.0 pp | highest of 20 |
| EV / EBITDA | 16.9× | 12.2× | 4th most expensive of 12 |
| Net debt / EBITDA | -0.0× | 0.3× | 6th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Burkhalter BRKN.SW | Switzerland | $1.71B | -27% | -2% | 6% | 21.5× | -1.3% | +19.0% |
| SHO BOND 1414.T | Japan | $1.71B | -6% | -2% | 23% | 16.3× | -7.5% | +2.2% |
| Chudenko 1941.T | Japan | $1.71B | +3% | +9% | 12% | 11.0× | -8.6% | +4.3% |
| China Aluminum International Engineering 2068.HK | Hong Kong | $1.71B | -39% | -6% | 4% | 13.3× | 11.9% | -0.6% |
| Tasmea TEA.AX | Australia | $1.73B | +49% | +136% | 8% | 18.9× | 4.6% | +59.3% |
| NCC NCC-A.ST | Sweden | $1.69B | -3% | -17% | 3% | 22.2× | -1.6% | +0.7% |
| Suzhou Gold Mantis Construction and Decoration 002081.SZ | China | $1.74B | -25% | -8% | 3% | 29.6× | 12.2% | -11.1% |
| Engineers India ENGINERSIN.NS | India | $1.74B | +12% | +6% | 20% | 25.2× | 29.6% | +4.6% |
| Envision Greenwise 1783.HK | Hong Kong | $1.68B | +38% | +183% | 3% | n/a | n/a | n/a |
| Kier KIE.L | United Kingdom | $1.75B | +53% | +7% | 3% | 12.7× | -6.3% | +5.9% |
| Japan Elevator Service 6544.T | Japan | $1.65B | -9% | +17% | 19% | 29.3× | 4.0% | +18.6% |
| Shandong Hi-speed Road&bridge 000498.SZ | China | $1.65B | +20% | -9% | 7% | 4.9× | n/a | n/a |
| Guangdong Construction Engineering 002060.SZ | China | $1.79B | -15% | -11% | 3% | 8.0× | n/a | n/a |
| Badger Infrastructure Solutions BDGI.TO | Canada | $1.80B | -10% | +16% | 8% | 19.2× | 21.0% | +15.8% |
| China Next-Gen Commerce and Supply Chain 3928.HK | Hong Kong | $1.81B | +47% | -26% | -17% | n/a | n/a | n/a |
| Implenia IMPN.SW | Switzerland | $1.61B | +12% | -8% | 2% | 15.0× | 6.0% | -2.7% |
| Mega Union Technology 6944.TW | Taiwan | $1.82B | -17% | +60% | 21% | 14.1× | -4.0% | +30.2% |
| MIRAIT ONE 1417.T | Japan | $1.60B | -24% | +5% | 6% | 10.4× | -5.7% | +5.4% |
| China CAMC Engineering 002051.SZ | China | $1.58B | -15% | +14% | 5% | 40.3× | n/a | n/a |
| Beijing Enterprises Water 0371.HK | Hong Kong | $1.86B | -48% | -5% | 24% | 9.5× | 4.2% | -1.2% |
| Jinko Power Technology 601778.SS | China | $1.86B | -49% | -25% | 16% | n/a | n/a | n/a |