Skip to content

SGSN.SW · Intrinsic value

Is SGS SA (SGSN.SW) overvalued or undervalued?

SGS SA (SGSN.SW) trades at the delayed market price of CHF 97.82 a share. That price already implies revenue growth of 11.1% a year for 5 years. TickerWorth's fair value is CHF 79.57 a share (priced within our range of CHF 63.22 – CHF 107.56). We do not call it over- or undervalued from inside our range.

Model by · generated from market data · Updated Oct 19, 2026 · How these pages are made

Is SGSN.SW fairly valued?

Live data unavailable
Showing the last price we hold for this listing, recorded 2026-10-19 05:41 UTC (8 hours ago).
Fair value
CHF 79.57
Market price
CHF 97.82
Downside to fair value
18.7%
Verdict
Priced within our range of CHF 63.22 – CHF 107.56
Price as of · Prices are delayed.
Fair value against the delayed market price: Priced within our range of CHF 63.22 – CHF 107.56.

Reverse DCF: Today's price implies revenue growth of 11.1% a year for 5 years; our model assumes 5.8% a year on average over the same horizon.

What is SGSN.SW's TickerWorth Score?

C47/100

Middle of the pack — real strengths and real weaknesses

Compared with Industrials companies in Europe

Its strongest point: a profitable, high-quality business. Its weakest: looks expensive on the numbers.

  • Value · 32 of 100

    Cheaper than 32% of Industrials companies in Europe

  • Price vs worth · 35 of 100
  • Quality · 74 of 100

    More profitable than 74% of Industrials companies in Europe

  • Financial health · 25 of 100

    Financially stronger than 25% of Industrials companies in Europe

  • Growth · 46 of 100

    Growing faster than 46% of Industrials companies in Europe

  • Momentum · 86 of 100

    Outperformed 86% of Industrials companies in Europe over the past year

Confidence: High confidence · Scored

Get the Undervalued Company of the Week.

The Weekly Undervalued

The Undervalued Company of the Week, with its fair-value range and the growth its price implies. We'll email you when the weekly list starts. Not advice or trading calls.

SGSN.SW DCF valuation, input by input

TickerWorth's fair value for SGS SA (SGSN.SW) is CHF 79.57 a share, against the delayed market price of CHF 97.82 (priced within our range of CHF 63.22 – CHF 107.56). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.

Read the full reasoning

One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values SGSN.SW at about 71.24 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.

The valuation discounts SGS SA's projected free cash flows at a weighted-average cost of capital (WACC) of 7.4%, with a long-run terminal growth rate of 2.5%. About 80% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.

Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 11.1% annual revenue growth for SGSN.SW. Our base case instead compounds to about 5.8% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.

Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, SGSN.SW's modeled DCF value ranges from about 42.36 to 159.21 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.

How to read this page: the DCF fair value is what SGS SA would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of SGSN.SW's intrinsic value. Figures update as new filings and prices come in.

Every input behind SGSN.SW's DCF

InputValue
Base-year revenueLive feed — totalRevenue (TTM)7,206,000,000
Base EBIT marginComputed — trailing operatingMargins, held roughly flat13.1%
Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast8% → 7% → 6% → 5% → 4%
Risk-free rateLive feed — US 10-year Treasury yield (^TNX)5.3%
BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5)0.55
Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC2.5%
Diluted sharesLive feed — sharesOutstanding198M
Market priceLast known price · as of 2026-10-19 13:19 UTC97.82

Change SGSN.SW's assumptions

The discount-rate dial and the editable model

Pro

Change growth, margin and WACC yourself — Pro (7-day free trial, card required).

What does SGS SA do?

What does it do?

SGS SA operates as a testing, inspection, and certification company in the Asia Pacific, Europe, North America, Eastern Europe, the Middle East and Africa, and America. It operates in two segments, Testing & Inspection and Certification. It operates in the Consulting Services industry (Industrials sector), headquartered in Switzerland. The company employs roughly 83,000 people.

How does it make money?

The business turns 7.2B in annual revenue into profit. Out of every $100 of sales, about $13 is left as operating profit (operating margin of 13.1%), after a 44% gross margin on the products/services it sells. After all costs, taxes and interest, 9.2% of revenue becomes bottom-line net profit.

Is it financially healthy?

Financially it looks stretched: carries heavy debt (4.6× equity), may struggle to cover its short-term bills (1.0× current ratio), and is currently profitable.

SGSN.SW insider trading

Insider filings are available for US-listed companies only.

Common questions

  • What is SGSN.SW's intrinsic value?

    TickerWorth's blended fair value for SGS SA (SGSN.SW) is CHF 79.57 per share, versus a market price of CHF 97.82 (priced within our range of CHF 63.22 – CHF 107.56).

  • Is SGSN.SW overvalued or undervalued?

    Priced within our range of CHF 63.22 – CHF 107.56 at CHF 97.82. We don't call SGSN.SW overvalued or undervalued from a range. This is an educational estimate, not advice.

  • What discount rate is used for SGSN.SW?

    A WACC of 7.4% and a terminal growth rate of 2.5%.

  • Is SGS SA stock undervalued?

    TickerWorth's fair value for SGS SA (SGSN.SW) is CHF 79.57 against a market price of CHF 97.82. Our read: Priced within our range of CHF 63.22 – CHF 107.56. This is a model estimate, not investment advice.

  • SGS SA (SGSN.SW) DCF valuation and fair value

    Our fair value for SGS SA (SGSN.SW) is CHF 79.57, built on a 7.4% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.

  • What growth is priced into SGS SA stock?

    Today's price implies revenue growth of 11.1% a year for 5 years; our model assumes 5.8% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of CHF 97.82. A model estimate, not investment advice.

  • SGS SA (SGSN.SW) insider trading

    We have no recent SEC Form 4 insider filings on file for SGS SA (SGSN.SW). Form 4 covers US-listed companies only.

Not investment advice. TickerWorth Score is a model output.

Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.