Loading…
Swiss maker of RF, fiber-optic and cabling connectivity components for telecom, transport and industrial customers.
Swiss maker of RF, fiber-optic and cabling connectivity components for telecom, transport and industrial customers.
Sells components that equipment makers design into their own products, so a win at the design stage brings repeat orders for years. Three customer areas share the business: communication networks, transport and industrial. It is based in Switzerland but sells worldwide.
In one line: A smaller Swiss Amphenol/TE Connectivity.
Moat: narrow (IP / patents, process know-how, customer qualification). Qualified into telecom/rail equipment designs, giving durable, sticky OEM ties.
Headquarters: Herisau, Switzerland · Founded: 1969 · Employees: 4,224
Size Huber + Suhner (HUBN.SW) is a Switzerland Information Technology company (Telecommunications Equipment) with a market value of $3.49B, the 71st largest of 158 Switzerland companies the cockpit tracks. Shares closed at CHF 154.20 on 6 Nov 2026.
Performance Over six months the shares fell 44.3%, against -35.0% for the median peer and +11.6% for the Switzerland market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue fell 3.7% over the last twelve months (peer median +9.8%); the operating margin is 9.3% (peer median 4.0%).
Valuation It trades at 30.9× forward earnings against a peer median of 24.4× (6th most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is +8 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 7.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CHF 876M | CHF 864M | CHF 894M | CHF 851M | CHF 955M |
| Revenue growth | — | -3% | +5% | -11% | — |
| Gross profit | CHF 327M | CHF 327M | CHF 316M | CHF 301M | CHF 340M |
| EBITDA | CHF 121M | CHF 124M | CHF 120M | CHF 107M | CHF 133M |
| Net income | CHF 72.8M | CHF 74.3M | CHF 71.4M | CHF 64.2M | CHF 84.3M |
| Free cash flow | CHF 18.2M | CHF 80.6M | CHF 60.1M | CHF 73.1M | CHF 51.7M |
| Capital expenditure | CHF 59.9M | CHF 57.6M | CHF 39.3M | CHF 52.3M | CHF 46.0M |
| Total debt | n/a | CHF 0 | CHF 0 | CHF 0 | CHF 0 |
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 |
|---|---|---|---|---|---|---|
| Huber + Suhner HUBN.SW | $3.49B | -44% | -4% | 9% | 30.9× | 11.1% |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Corning GLW | $91.4B | -43% | +19% | 17% | 25.4× | 24.7% |
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 | HUBN.SW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.5% | -10.9% | 11th highest of 21 |
| 6-month return | -44.3% | -35.0% | 7th lowest of 20 |
| Distance from 52-week high | -46.5% | -58.9% | 8th highest of 21 |
| Revenue growth (TTM) | -3.7% | +9.8% | 5th lowest of 21 |
| Operating margin | 9.3% | 4.0% | 5th highest of 21 |
| Forward P/E | 30.9× | 24.4× | 6th most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 11.1% | 18.6% | 2nd least demanding of 8 |
| Growth delivered (Del g) | +3.2% | +9.0% | lowest of 8 |
| Hurdle (Req g minus delivered) | +7.9 pp | +10.0 pp | 3rd least demanding of 8 |
| ROIC minus cost of capital | +7.4 pp | -2.9 pp | 2nd highest of 21 |
| EV / EBITDA | 22.3× | 21.7× | 3rd cheapest of 5 |
| Net debt / EBITDA | -1.2× | -1.4× | 3rd most indebted of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Huber + Suhner HUBN.SW | Switzerland | $3.49B | -44% | -4% | 9% | 30.9× | 11.1% | +3.2% |
| Digital China 000034.SZ | China | $3.16B | -22% | +28% | 1% | 26.6× | n/a | n/a |
| Ondas ONDS | United States | $3.11B | -41% | +979% | -127% | n/a | n/a | n/a |
| Ohb OHB.DE | Germany | $4.45B | -61% | +18% | 5% | 60.7× | n/a | n/a |
| GN Store Nord A/S GN.CO | Denmark | $2.70B | +30% | -26% | 3% | n/a | 18.5% | +4.7% |
| QuantumCTek 688027.SS | China | $4.60B | -48% | -19% | -33% | 4,259.0× | n/a | n/a |
| Jiang Su Etern 600105.SS | China | $4.82B | -48% | +49% | 12% | 24.4× | n/a | n/a |
| Shanghai HuaCe Navigation Technology 300627.SZ | China | $2.44B | -35% | 0% | 13% | 21.0× | 18.6% | +21.3% |
| WNC 6285.TW | Taiwan | $2.41B | -29% | +30% | 5% | 10.8× | -0.5% | +12.0% |
| Digi International DGII | United States | $2.40B | -4% | +20% | 15% | 20.6× | 20.5% | +9.0% |
| Wuhan Changjin Photonics Technology 688635.SS | China | $2.39B | n/a | +28% | 39% | n/a | n/a | n/a |
| Jushri Technologies 300762.SZ | China | $2.31B | -45% | -17% | -91% | n/a | n/a | n/a |
| Wingtech Technology 600745.SS | China | $2.26B | -59% | -93% | -30% | n/a | n/a | n/a |
| Fiberhome Telecommunication Technologies 600498.SS | China | $5.50B | -42% | +16% | 1% | 21.5× | 12.8% | +3.4% |
| Hytera Communications 002583.SZ | China | $2.17B | -20% | +4% | 7% | 19.4× | n/a | n/a |
| Shanghai Longcheer Technology 603341.SS | China | $2.12B | +2% | +1% | 0% | 29.8× | n/a | n/a |
| Tongyu Communication 002792.SZ | China | $2.12B | -38% | +2% | -4% | 299.2× | n/a | n/a |
| Shenzhen KTC Technology 001308.SZ | China | $2.09B | +3% | 0% | 3% | 20.3× | n/a | n/a |
| Shenzhen Sunway Communication 300136.SZ | China | $6.14B | -54% | +2% | 9% | 47.1× | 30.6% | +6.9% |
| MeiG Smart Technology 002881.SZ | China | $1.92B | +8% | +24% | 7% | 49.5× | n/a | n/a |
| Calix CALX | United States | $1.89B | -29% | +23% | 5% | 13.9× | 23.1% | +13.1% |