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.
LEM Holding SA is a Switzerland-based holding company and a global leader in manufacturing high-quality transducers and sensors for measuring electrical parameters such as current and voltage. Founded in 1972 and headquartered in Meyrin, the company develops and distributes products including current sensors, voltage sensors, energy meters, integrated current sensors, and Rogowski coils, supported by comprehensive after-sales services. These solutions serve diverse applications across industries like automotive battery management and motor control, electric vehicle chargers, smart grids, welding, automation, drives, high-precision power supplies, renewable energies, traction, and trackside activities. LEM Holding SA operates through key segments in Asia (including China, Japan, South Korea, India, and Southeast Asia) and Europe/Americas, with production facilities in Switzerland, China, Japan, Bulgaria, and Malaysia, and a workforce of approximately 1,520 to 1,698 employees. Under CEO Frank Rehfeld, it emphasizes technological innovation, sustainability through ESG initiatives, and adaptation to trends like miniaturization and electrification, positioning it as a vital player in the electronic components sector within technology markets.
Operating margin is thin at 9.12%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.3% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 7.92% to 5.46%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
CHF 288M
▼ -6.3% YoY
Net Income (TTM)
CHF 10M
▲ +17.5% YoY
Op. Margin
9.12%
▲ +0.4pp YoY
ROIC
5.46%
▼ -2.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 32M
▲ +117.5% YoY
Op. Cash Flow (TTM)
CHF 35M
▲ +126.7% YoY
Net Debt
CHF 90M
Cash & Equiv.
CHF 35M
3Y CAGR: -10.9%
3Y CAGR: -19.3%
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