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.
Meier Tobler Group AG is a Switzerland-based company specializing in household technical installations, focusing on heating, air conditioning, ventilation, sanitation, and humidification technologies. Formerly known as Walter Meier AG and founded in 1937, it operates primarily through distribution and service divisions, supplying products such as solar thermal energy systems, heat pumps, chillers, VRF systems, cooling towers, and advanced humidification equipment under brands like Condair, Nortec, Defensor, and Draabe. The company provides comprehensive consulting, trading, and maintenance services for indoor climate control, including digital management via the SmartGuard online tool for device optimization. Serving diverse sectors including office and residential buildings, data centers, shopping centers, healthcare facilities, hotels, and public infrastructure, Meier Tobler Group AG plays a key role in the climate and manufacturing technology markets. With approximately 1,249 employees and headquarters in Schwerzenbach, it emphasizes energy-efficient solutions for commercial and industrial applications, contributing to sustainable building technologies across Switzerland.
Operating margin is thin at 4.50%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue growth slowed to 0.1%, essentially flat. This is a business that needs a catalyst.
Free cash flow declined 25% versus the prior year, cash generation momentum has weakened. ROIC dropped from 10.60% to 8.45%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
CHF 497M
Net Income (TTM)
CHF 15M
▼ -28.2% YoY
Op. Margin
4.50%
▼ -0.6pp YoY
ROIC
8.45%
▼ -2.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 11M
▼ -25.2% YoY
Op. Cash Flow (TTM)
CHF 17M
▼ -32.2% YoY
Net Debt
CHF 24M
Cash & Equiv.
CHF 13M
3Y CAGR: -3.7%
3Y CAGR: -34.7%
Continue Research