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Swiss maker of sanitary and plumbing systems (pipes, fittings, bathroom fixtures) sold mainly to European construction and renovation markets.
Swiss maker of sanitary and plumbing systems (pipes, fittings, bathroom fixtures) sold mainly to European construction and renovation markets.
Sells through plumbing wholesalers to installers, who pick and recommend the products, so trade loyalty matters more than consumer advertising. Its best-known lines are cisterns and pipes hidden inside walls. It bought the ceramics maker Sanitec in 2015 to add bathroom fixtures, and most sales are in Europe.
In one line: A Swiss, plumbing-focused Watts Water Technologies.
Moat: narrow (brand, distribution, switching costs). Strong installer-trade brand loyalty and distribution network in European plumbing/sanitary channels.
Headquarters: Rapperswil-Jona, Switzerland · Founded: 1874 · Employees: 11,278
Size Geberit (GEBN.SW) is a Switzerland Industrials company (Engineering & Construction) with a market value of $22.1B, the 24th largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 580.00 on 6 Nov 2026.
Performance Over six months the shares gained 13.6%, against -17.2% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 3.1% over the last twelve months (peer median +5.6%); the operating margin is 28.8% (peer median 6.7%).
Valuation It trades at 29.8× forward earnings against a peer median of 15.5× (2nd most expensive of 20).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is +5 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 24.0 points above its cost of capital (6.4% WACC).
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CHF 3.21B | CHF 3.16B | CHF 3.09B | CHF 3.08B | CHF 3.39B |
| Revenue growth | — | +3% | 0% | -9% | — |
| Gross profit | CHF 1.35B | CHF 1.33B | CHF 1.31B | CHF 1.29B | CHF 1.39B |
| EBITDA | CHF 1.09B | CHF 1.07B | CHF 1.05B | CHF 1.06B | CHF 1.05B |
| Net income | CHF 623M | CHF 598M | CHF 597M | CHF 617M | CHF 706M |
| Free cash flow | CHF 646M | CHF 678M | CHF 630M | CHF 647M | CHF 581M |
| Capital expenditure | CHF 181M | CHF 165M | CHF 195M | CHF 197M | CHF 155M |
| Total debt | n/a | CHF 1.35B | CHF 1.37B | CHF 1.32B | CHF 1.03B |
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 |
|---|---|---|---|---|---|---|
| Geberit GEBN.SW | $22.1B | +14% | +3% | 29% | 29.8× | 6.6% |
| Villeroy & Boch AG Pref VIB3.DE | $323M | -33% | -11% | 3% | n/a | 1.8% |
| Watts Water Technologies WTS | $11.6B | +17% | +17% | 19% | 24.6× | 15.8% |
| Georg Fischer GF.SW | $5.65B | +32% | -20% | 3% | 19.9× | 29.2% |
| Aalberts AALB.AS | $4.87B | +6% | 0% | 10% | 14.6× | 12.9% |
| LIXIL 5938.T | $3.07B | +4% | +2% | 2% | 38.8× | 17.3% |
| Masco MAS | $15.8B | +15% | +1% | 18% | 18.0× | 4.9% |
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 | GEBN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.7% | +2.6% | 6th highest of 21 |
| 6-month return | +13.6% | -17.2% | 2nd highest of 21 |
| Distance from 52-week high | -12.1% | -31.6% | 2nd highest of 21 |
| Revenue growth (TTM) | +3.1% | +5.6% | 8th lowest of 21 |
| Operating margin | 28.8% | 6.7% | highest of 20 |
| Forward P/E | 29.8× | 15.5× | 2nd most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | 6.6% | 6.1% | 8th most demanding of 17 |
| Growth delivered (Del g) | +1.2% | +11.0% | lowest of 17 |
| Hurdle (Req g minus delivered) | +5.5 pp | -8.0 pp | 5th most demanding of 17 |
| ROIC minus cost of capital | +24.0 pp | +0.1 pp | 5th highest of 20 |
| EV / EBITDA | 17.8× | 11.9× | 3rd most expensive of 15 |
| Net debt / EBITDA | 1.2× | 2.9× | 7th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Geberit GEBN.SW | Switzerland | $22.1B | +14% | +3% | 29% | 29.8× | 6.6% | +1.2% |
| Cellnex Telecom CLNX.MC | Spain | $19.6B | -7% | 0% | 13% | n/a | 29.7% | +22.5% |
| ACS, Actividades de Construccion y Servicios ACS.MC | Spain | $26.0B | -37% | +10% | 3% | 20.6× | -2.6% | +11.2% |
| Emcor EME | United States | $26.6B | -34% | +22% | 10% | 15.5× | 6.2% | +14.1% |
| Bouygues EN.PA | France | $18.3B | -18% | -1% | 5% | 12.9× | -0.8% | +10.4% |
| APi APG | United States | $17.5B | -7% | +16% | 7% | 20.7× | 27.8% | +17.1% |
| WSP Global WSP.TO | Canada | $17.5B | -19% | +10% | 10% | 14.4× | 0.0% | +15.7% |
| China State Construction Engineering 601668.SS | China | $28.3B | -4% | -9% | n/a | 5.6× | n/a | n/a |
| Otis Worldwide OTIS | United States | $30.1B | +6% | +6% | 15% | 18.1× | 2.3% | +2.5% |
| HOCHTIEF Aktiengesellschaft HOT.DE | Germany | $30.9B | -31% | +8% | 4% | 25.1× | 2.6% | +10.7% |
| Samsung C&t 028260.KS | South Korea | $31.3B | -8% | +14% | 8% | 15.0× | 5.9% | +6.2% |
| China Railway 601390.SS | China | $15.1B | -13% | -7% | 4% | 6.0× | n/a | n/a |
| MasTec MTZ | United States | $14.0B | -58% | +26% | 5% | 15.0× | 21.6% | +17.7% |
| Comfort Systems USA FIX | United States | $35.6B | -48% | +51% | 17% | 16.2× | 12.4% | +26.1% |
| China Energy Engineering 601868.SS | China | $13.6B | -18% | -5% | 4% | 17.9× | n/a | n/a |
| Acciona ANA.MC | Spain | $13.4B | -16% | +8% | 6% | 19.8× | 8.2% | +25.6% |
| China Communications Construction 601800.SS | China | $12.8B | -12% | -4% | 3% | 6.8× | n/a | n/a |
| Kajima 1812.T | Japan | $12.5B | -27% | +4% | 8% | 10.8× | -1.9% | +10.0% |
| Skanska SKA-B.ST | Sweden | $12.1B | +16% | -6% | 4% | 17.1× | 8.3% | +2.0% |
| Ferrovial FER.MC | Spain | $42.3B | -10% | +5% | 10% | 55.5× | 21.9% | +8.1% |
| Eiffage FGR.PA | France | $11.5B | -20% | +5% | 10% | 9.3× | -6.9% | +9.4% |