Comet Holding AG/€COTN
1D1W1MYTD1Y5YMAX
Capital at risk
About Comet Holding AG
Comet Holding AG, established in 1948 and headquartered in Flamatt, Switzerland, specializes in developing and manufacturing high-tech components and systems in plasma control and X-ray technology. The company operates through three divisions: Plasma Control Technologies, X-Ray Systems, and Industrial X-Ray Modules. Its products, marketed under the Comet and Comet Yxlon brands, serve industries such as semiconductor manufacturing, electronics, automotive, aerospace, and security. Comet maintains a global presence with production facilities in China, Denmark, Germany, Malaysia, Switzerland, and the USA, and subsidiaries in Canada, China, Japan, Korea, Taiwan, and the USA. As of 2025, the company employs over 1,800 people worldwide, including approximately 700 in Switzerland.
- Ticker
- €COTN
- Sector
- Digital Hardware
- Primary listing
- XGAT
- Employees
- 1,656
- Headquarters
- Flamatt, Switzerland
- Website
- comet.tech
Comet Holding AG Metrics
BasicAdvanced
€3.2B
191.57
€2.15
1.78
€0.54
0.13%
Price and volume
Market cap
€3.2B
Beta
1.78
52-week high
€485.40
52-week low
€188.00
Average daily volume
24K
Dividend rate
€0.54
Financial strength
Current ratio
2.525
Quick ratio
1.455
Long term debt to equity
0.262
Total debt to equity
0.278
Dividend payout ratio (TTM)
24.93%
Interest coverage (TTM)
16.87%
Profitability
EBITDA (TTM)
50.858
Gross margin (TTM)
39.02%
Net profit margin (TTM)
3.32%
Operating margin (TTM)
6.96%
Effective tax rate (TTM)
49.35%
Revenue per employee (TTM)
€300,240
Management effectiveness
Return on assets (TTM)
3.97%
Return on equity (TTM)
4.96%
Valuation
Price to earnings (TTM)
191.574
Price to revenue (TTM)
6.351
Price to book
9.3
Price to tangible book (TTM)
10.34
Price to free cash flow (TTM)
-210.942
Free cash flow yield (TTM)
-0.47%
Free cash flow per share (TTM)
-1.95
Dividend yield (TTM)
0.13%
Forward dividend yield
0.13%
Growth
Revenue change (TTM)
-2.79%
Earnings per share change (TTM)
-60.02%
3-year revenue growth (CAGR)
-3.70%
10-year revenue growth (CAGR)
4.52%
3-year earnings per share growth (CAGR)
-35.13%
10-year earnings per share growth (CAGR)
-4.29%
3-year dividend per share growth (CAGR)
-48.68%
10-year dividend per share growth (CAGR)
-7.58%
Bulls say / Bears say
H1 2026 showed clear operating momentum: sales rose 5.6% year on year, or 12.7% at constant exchange rates, while the EBITDA margin improved to 13.1% from 10.1%. Comet guides for CHF540–570 million of 2026 sales and a 14–17% EBITDA margin. (Comet Holding AG)
Demand indicators strengthened materially: six-month book-to-bill reached 1.48, with Plasma Control Technologies above the group average, and Q1 orders rose 22.3% year on year. That gives Comet a stronger order pipeline as semiconductor equipment spending recovers. (Comet Holding AG, Comet Holding AG)
Comet is adding capacity ahead of expected demand: the Penang facility was completed in Q2 2026 and is being staffed for product qualifications, with full operation planned for 2027. This should give the Plasma Control Technologies division room to scale if the semiconductor upturn persists. (Comet Holding AG)
The recovery is still highly dependent on the timing and strength of the semiconductor upcycle: Q1 sales fell 4.5% year on year, and management said visibility remained limited despite stronger orders. (Comet Holding AG)
Near-term margins still face execution pressure because Comet expects about three percentage points of one-off costs from the Penang ramp-up and its efficiency programme. Delays or a slower production ramp could therefore limit the benefit of stronger demand. (Comet Holding AG)
Cash conversion could remain weak while Comet expands: J.P. Morgan expects 2026 free cash flow to be negative at CHF13 million, reflecting about CHF44 million of capital expenditure for the Penang facility. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
Upcoming events
No upcoming events
Funds containing Comet Holding AG
AllEURGBPUSD
Fund name | Fund size | €COTN weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.22% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.22% |
Xtrackers S&P 500 Swap£XSPX | £3.1B | 0.13% |
Vanguard FTSE Global All-cap$VALU | $199M | 0.00% |
Vanguard FTSE Global All-cap€VGLA | €171M | 0.00% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.