Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Calida Holding AG is a Switzerland-based holding company specializing in the premium bodywear sector, operating through its core brands CALIDA, AUBADE, and COSABELLA. It designs, manufactures, and distributes high-quality underwear, sleepwear, loungewear, and lingerie for men, women, and children, emphasizing durability, resource efficiency, and innovative styling. The CALIDA brand focuses on Swiss-made lifestyle essentials, AUBADE offers luxury lingerie since 1958 with glamorous creativity, and COSABELLA delivers timeless designs promoting confidence and individuality since 1983. Calida Holding AG sells its products via brick-and-mortar stores and e-commerce channels across Switzerland, France, Germany, other European countries, the United States, Asia, and internationally, employing around 1,900 people. Founded in 1941 and headquartered in Sursee, the company has evolved through strategic acquisitions, divestitures like Millet Mountain Group and Lafuma Mobilier, and a focus on operational excellence to drive profitable growth in the apparel industry. Its shares trade on the SIX Swiss Exchange, reflecting its established role in the premium segment of consumer discretionary goods.
Operating margin is thin at 4.30%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.6% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 55% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
CHF 216M
▼ -6.6% YoY
Net Income (TTM)
CHF 11M
▼ -26.3% YoY
Op. Margin
4.30%
▲ +2.5pp YoY
ROIC
5.92%
▲ +4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 15M
▼ -54.5% YoY
Op. Cash Flow (TTM)
CHF 18M
▼ -51.2% YoY
Net Debt
CHF 4M
Cash & Equiv.
CHF 25M
3Y CAGR: -12.2%
Continue Research