Aebi Schmidt Holding AG logo AEBI - Aebi Schmidt Holding AG

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| PRICE TARGET: $16.50 DETAILS
HIGH: $16.50
LOW: $16.50
MEDIAN: $16.50
CONSENSUS: $16.50
UPSIDE: 36.36%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q2 2024 Q1
Revenue
Revenue 581.3 528.4 471.3 277.7 249.2 266.5 258.8
Cost of Revenue 480.1 436.8 377.2 220.9 195.9 209.1 200.3
Gross Profit 101.2 91.6 94.1 56.8 53.3 57.4 58.5
Operating Expenses
R&D Expenses 8.6 8.8 8.7 5.4 4.6 4.6 5.7
SG&A Expenses 68.8 57.1 59.3 33.6 30.7 29.8 28.7
Other Expenses (1.6) (8.4) 8.6 4.0 3.6 3.6 4.0
Operating Expenses 75.7 57.5 76.6 43.0 38.9 38.0 38.4
Operating Income
Operating Income 25.5 34.3 17.5 13.9 14.4 19.4 20.1
Interest Expense 14.5 11.8 14.2 9.3 6.5 8.5 9.1
Interest Income 0 0 0 0 0 0 0
Profitability
EBITDA 43.2 49.8 30.0 12.5 16.0 26.2 28.2
EBIT 25.5 34.3 15.0 6.1 9.4 19.8 21.8
Income Before Tax 1.5 10.8 0.7 (3.2) 2.8 11.3 12.7
Income Tax Expense 0.6 2.0 (0.4) (0.9) 0.8 3.1 4.0
Net Income 0.9 8.8 1.2 (2.3) 2.1 8.2 8.7
Per Share Data
EPS (Basic) 0.01 0.15 0.02 -0.02 0.03 0.11 0.11
EPS (Diluted) 0.01 0.15 0.02 -0.02 0.03 0.11 0.11
Shares Outstanding 77.1 58.7 77.0 77.6 77.6 77.6 77.6
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Current Assets
Cash & Cash Equivalents 144.2 98.5 126.0 63.6 47.8
Short-Term Investments 0 0 0 0 0
Net Receivables 438.9 310.8 380.0 213.8 198.3
Inventory 471.9 346.4 384.4 297.5 260.4
Other Current Assets 53.0 122.0 29.9 30.7 29.9
Total Current Assets 1,108.0 877.7 920.2 605.6 536.4
Non-Current Assets
Property, Plant & Equipment 409.2 335.1 337.9 165.7 138.2
Goodwill 502.4 403.1 415.1 221.2 221.2
Intangible Assets 406.4 334.7 341.3 168.3 171.8
Long-Term Investments 0 0 0 0 0
Other Non-Current Assets 64.8 51.7 53.1 50.7 42.9
Total Non-Current Assets 1,389.9 1,130.5 1,155.1 613.2 580.7
Total Assets 2,497.8 2,008.3 2,075.4 1,218.9 1,117.1
Current Liabilities
Account Payables 251.3 234.6 230.3 125.9 92.8
Short-Term Debt 107.3 65.8 25.1 27.0 24.2
Deferred Revenue 30.1 0 23.3 20.5 19.5
Other Current Liabilities 128.4 160.8 122.3 112.9 83.5
Total Current Liabilities 558.1 461.3 437.8 308.5 258.2
Non-Current Liabilities
Long-Term Debt 696.7 547.0 628.4 441.0 402.4
Deferred Tax Liabilities 29.1 24.3 36.4 19.8 19.4
Other Non-Current Liabilities 18.4 15.3 19.4 9.5 8.5
Total Non-Current Liabilities 925.9 732.1 825.2 551.2 487.5
Total Liabilities 1,483.9 1,193.3 1,263.1 859.7 745.7
Stockholders' Equity
Common Stock 96.0 77.0 77.0 40.4 50.8
Retained Earnings 70.1 57.6 50.7 51.5 63.3
Accumulated Other Comprehensive Income 35.8 28.2 33.3 35.3 35.6
Total Stockholders' Equity 1,013.8 814.9 812.2 359.1 371.3
Total Liabilities & Equity 2,497.8 2,008.3 2,075.4 1,218.9 1,117.1
Debt Metrics
Total Debt 985.7 758.2 813.8 560.1 493.5
Net Debt 841.4 659.7 687.9 496.5 445.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q2 2024 Q1
Operating Activities
Net Income 0.9 8.8 1.2 (2.3) 2.1 8.2 8.7
Depreciation & Amortization 17.6 16.2 15.0 6.4 6.6 6.5 6.4
Stock-Based Compensation 0 1.9 0 0 0 0 (0.6)
Change in Working Capital (46.2) 7.7 (17.2) (0.1) (37.7) (14.6) (14.8)
Other Non-Cash Items 2.1 (5.0) 3.0 2.2 1.0 0.5 (2.6)
Operating Cash Flow (22.6) 33.5 (3.3) 5.3 (26.6) (1.7) (5.5)
Investing Activities
Capital Expenditure (2.5) (3.8) (5.2) (2.1) (3.1) (2.3) (4.1)
Acquisitions 1.1 (0.5) 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0
Other Investing Activities 0 0.2 19.7 0.6 0.0 0.0 0.0
Investing Cash Flow (1.3) (4.1) 14.5 (1.4) (3.1) (2.3) (4.1)
Financing Activities
Net Debt Issuance 52.2 (63.0) 60.2 19.7 17.1 16.6 7.9
Stock Repurchased 0 0 0 0 0 0 0
Dividends Paid (2.6) (1.8) (2.1) 0 0 0 0
Other Financing Activities (1.2) 5.5 (2.0) (9.5) (5.7) (3.2) (1.0)
Financing Cash Flow 47.0 (61.4) 56.1 10.2 11.4 13.3 7.0
Cash Position
Net Change in Cash 19.9 (27.5) 62.4 15.8 (17.4) 9.1 (3.2)
Cash at Beginning 124.3 126.0 63.6 47.8 65.2 39.5 42.7
Cash at End 144.2 98.5 126.0 63.6 47.8 48.6 39.5
Free Cash Flow (25.1) 29.7 (8.6) 3.2 (29.7) (4.0) (9.5)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q2 2024 Q1
Income Statement
Revenue 581.3 528.4 471.3 277.7 249.2 266.5 258.8
Gross Profit 101.2 91.6 94.1 56.8 53.3 57.4 58.5
Operating Income 25.5 34.3 17.5 13.9 14.4 19.4 20.1
Net Income 0.9 8.8 1.2 (2.3) 2.1 8.2 8.7
EPS (Diluted) 0.01 0.15 0.02 -0.02 0.03 0.11 0.11
Balance Sheet
Cash & Equivalents 144.2 98.5 126.0 63.6 47.8
Total Assets 2,497.8 2,008.3 2,075.4 1,218.9 1,117.1
Total Debt 985.7 758.2 813.8 560.1 493.5
Stockholders' Equity 1,013.8 814.9 812.2 359.1 371.3
Cash Flow
Operating Cash Flow (22.6) 33.5 (3.3) 5.3 (26.6) (1.7) (5.5)
Capital Expenditure (2.5) (3.8) (5.2) (2.1) (3.1) (2.3) (4.1)
Free Cash Flow (25.1) 29.7 (8.6) 3.2 (29.7) (4.0) (9.5)