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← CockpitCompetitor Analysis › ELMN.SW Elma Electronic AGOpen in the cockpit ↗

Elma Electronic AGELMN.SWCompetitor analysis, valuation and peers

Switzerland · CHF·Information Technology›Computer Processing Hardware
Momentum strong 67
Mkt cap
$370M
US dollars, full cap
Free float
36%
of shares outstanding
$/day
$59,144
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-2.5 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · CHFCHF 1,320
1Dn/a
1W-0.8%
1M+2.3%
3M+5.6%
6M+23.4%
YTD+3.1%
1Y+30.7%
ATR %0.5%
52w lowhigh0.8% off high

What Elma Electronic does

Employees: 821

Elma Electronic at a glance

Size Elma Electronic (ELMN.SW) is a Switzerland Information Technology company (Computer Processing Hardware) with a market value of $370M, the 148th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 1,320 on 6 Nov 2026.

Performance Over six months the shares gained 23.4%, against -18.8% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 5th highest of 20 in its peer set.

Growth Revenue fell 9.5% over the last twelve months (peer median +8.9%); the operating margin is 1.9% (peer median 5.8%).

Valuation It trades at 2.1× enterprise value to sales against a peer median of 2.4× (8th cheapest of 19).

Capital Return on invested capital runs 2.5 points below its cost of capital (5.0% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026ELMN.SW 122Peer median 85
Six months, rebased to 100: Elma Electronic against the median of its 20 peers (local-currency closes).

Elma Electronic financials

Reported figures in CHF; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCHF 161MCHF 176MCHF 178MCHF 167MCHF 155M
Revenue growth—-1%+6%+8%—
Gross profitCHF 52.8MCHF 57.1MCHF 58.4MCHF 50.3MCHF 40.9M
EBITDACHF 6.44MCHF 11.0MCHF 15.1MCHF 10.5MCHF 8.67M
Net income-CHF 2.13MCHF 4.14MCHF 8.50MCHF 5.01MCHF 4.16M
Free cash flow-CHF 29.2M-CHF 17.1MCHF 13.2M-CHF 2.35MCHF 5.23M
Capital expenditureCHF 28.8MCHF 20.0MCHF 6.22MCHF 2.77MCHF 2.64M
Total debtn/aCHF 36.1MCHF 23.3MCHF 22.9MCHF 19.5M

Quarterly statements and history in the cockpit →

Elma Electronic competitor charts

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.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%+20%8114300479301581AL2SICNC246530028878056206IOT2362474600131461979889301330ELMN.SW6-month return →1-month return →
Up and to the right = strong over both horizons. Elma Electronic is the large dot.

Fundamentals: revenue growth against valuation

-50%0%+50%0×20×40×8114300479301581AL2SICNC24653002886206600734ELMN.SWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Elma Electronic is the large dot.

Elma Electronic competitors and peer comparison

How Elma Electronic compares with its peers

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.

Elma Electronic against its 20 peers (data as of 6 Nov 2026)
MeasureELMN.SWPeer medianRank in peer set
1-month return+2.3%-9.0%4th highest of 21
6-month return+23.4%-18.8%5th highest of 20
Distance from 52-week high-0.8%-45.5%highest of 21
Revenue growth (TTM)-9.5%+8.9%5th lowest of 20
Operating margin1.9%5.8%6th lowest of 20
EV / Sales2.1×2.4×8th cheapest of 19
ROIC minus cost of capital-2.5 pp+2.2 pp10th lowest of 20
Net debt / EBITDA5.6×-0.9×2nd most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Elma Electronic ELMN.SWSwitzerland$370M+23%-9%2%2.1×n/an/a
Posiflex Technology 8114.TWTaiwan$347M-16%-18%18%0.8×-21.6%+17.5%
Synthesis Electronic Technology 300479.SZChina$397M-22%-5%4%2.6×19.7%+19.1%
HuangShan Googe 301581.SZChina$400M-34%+17%1%2.0×n/an/a
2crsi AL2SI.PAFrance$402M-57%+75%-45%0.9×n/an/a
Concurrent Technologies CNC.LUnited Kingdom$336M+7%+8%15%5.1×38.2%+16.8%
Leadtek Research 2465.TWTaiwan$321M+26%+65%5%1.4×n/an/a
PAX Global Technology 0327.HKHong Kong$444M-21%+10%16%n/an/an/a
Guiyang Longmaster Information & Technology 300288.SZChina$474M-25%-15%-17%11.2×n/an/a
QNAP Systems 7805.TWOTaiwan$477M-42%+9%25%2.1×-9.6%+3.4%
Flytech Technology 6206.TWTaiwan$493M+3%+12%27%2.4×-10.1%+2.6%
Fujian Start 600734.SSChina$591M-19%-71%-90%52.4×n/an/a
Jiangxi Firstar Panel Technology 300256.SZChina$631M-25%-13%-12%2.9×n/an/a
SECO IOT.MIItaly$634M+65%+6%3%3.3×43.7%+21.0%
Clevo 2362.TWTaiwan$705M+5%-9%6%2.4×n/an/a
Toukei Computer 4746.TJapan$790M+74%+5%29%5.6×2.6%+5.6%
Emdoor Information 001314.SZChina$791M-26%+74%3%1.0×n/an/a
Jess-Link Products 6197.TWTaiwan$814M-10%+21%22%3.0×6.1%+16.2%
JBCC 9889.TJapan$852M+61%+9%10%1.5×-4.7%+4.8%
Zkteco 301330.SZChina$876M-19%+24%11%1.9×7.2%+3.4%
Pasqal PSQLUnited States$923Mn/an/an/an/an/an/a

Questions

Which companies are Elma Electronic's closest peers?
The cockpit's peer set: Posiflex Technology (8114.TW), Synthesis Electronic Technology (300479.SZ), HuangShan Googe (301581.SZ), 2crsi (AL2SI.PA), Concurrent Technologies (CNC.L), Leadtek Research (2465.TW), PAX Global Technology (0327.HK), Guiyang Longmaster Information & Technology (300288.SZ).
Is Elma Electronic expensive compared with its peers?
On ev / sales it trades at 2.1× against a peer median of 2.4×, 8th cheapest of 19 in its peer set.
How has Elma Electronic stock performed?
Over six months to 6 Nov 2026 the shares returned +23.4% against -18.8% for the median peer; over one year +30.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.