Sika AG: Finding The Appeal Below 150 CHF
Sika AG (SXYAY) remains a market leader in specialty chemicals, but I am rebasing my valuation to reflect more realistic growth and premium assumptions. SXYAY's fundamentals, scale, and innovation rate support a Buy rating, yet with a lower price target than I had previously. I project Sika's sustainable AEPS growth at 10-11% in strong years, with combined top-line growth of 5-6%, justifying a 24-25x P/E multiple.
Sika AG (SXYAY) Q1 2026 Sales/Trading Call Transcript
Sika AG (SXYAY) Q1 2026 Sales/Trading Call Transcript
Sika AG (SXYAY) Shareholder/Analyst Call Prepared Remarks Transcript
Sika AG (SXYAY) Shareholder/Analyst Call Prepared Remarks Transcript
Sika AG (SXYAY) Shareholder/Analyst Call Transcript
Sika AG (OTCPK:SXYAY) Shareholder/Analyst Call November 27, 2025 4:00 AM EST Company Participants Dominik Slappnig - Head of Corporate Communications & Investor Relations Thomas Hasler - Chief Executive Officer Adrian Widmer - Chief Financial Officer Philippe Jost - Regional Manager of Asia/Pacific Christine Kukan - Head Investor Relations Conference Call Participants Cedar Ekblom - Morgan Stanley, Research Division Pujarini Ghosh - Sanford C. Bernstein & Co., LLC.
Sika: Downgrade To Hold As Mid-Term Outlook Has Turned Less Positive
Sika is downgraded to a hold rating due to weaker growth outlook and reduced management guidance. Q3 2025 results showed organic revenue decline, with APAC weakness offset by resilient margins and ongoing synergy from MBCC integration. Data center construction remains a strong growth driver for SXYAY, but China's construction downturn and muted US growth weigh on results.
Sika AG (SXYAY) Q3 2025 Earnings Call Transcript
Sika AG (OTCPK:SXYAY) Q3 2025 Earnings Call October 24, 2025 9:00 AM EDT Company Participants Dominik Slappnig - Head of Corporate Communications & Investor Relations Thomas Hasler - Chief Executive Officer Adrian Widmer - Chief Financial Officer Conference Call Participants Benjamin Rada Martin - Goldman Sachs Group, Inc., Research Division Priyal Mulji - Jefferies LLC, Research Division Elodie Rall - JPMorgan Chase & Co, Research Division Ephrem Ravi - Citigroup Inc., Research Division Martin Flueckiger - Kepler Cheuvreux, Research Division Cedar Ekblom - Morgan Stanley, Research Division Arnaud Lehmann - BofA Securities, Research Division Pujarini Ghosh - Sanford C. Bernstein & Co., LLC.
Sika AG (SXYAY) Q2 2025 Earnings Call Transcript
Sika AG (OTCPK:SXYAY) Q2 2025 Earnings Conference Call July 29, 2025 9:00 AM ET Company Participants Adrian Widmer - Chief Financial Officer Dominik Slappnig - Head of Corporate Communications & Investor Relations Thomas Hasler - Chief Executive Officer Conference Call Participants Benjamin Rada Martin - Goldman Sachs Group, Inc., Research Division Cedar Ekblom - Morgan Stanley, Research Division Elodie Yvonne Daniele Rall - JPMorgan Chase & Co, Research Division Ephrem Ravi - Citigroup Inc., Research Division Harry Dow - Redburn (Europe) Limited, Research Division Martin Flueckiger - Kepler Cheuvreux, Research Division Patrick Rafaisz - UBS Investment Bank, Research Division Pujarini Ghosh - Sanford C. Bernstein & Co., LLC.
Sika: Resilient Business With Multiple Growth Tailwinds
I rate Sika (SXYAY) a buy, driven by secular infrastructure and data center demand, supporting a long runway for organic growth. SXYAY's innovation engine and high-margin products provide a competitive moat and support steady margin expansion. Consistent market share gains and focus on less-cyclical refurbishment markets make SXYAY structurally resilient and predictable.
SIKA AG - Unsponsored ADR (SXYAY) Upgraded to Buy: Here's What You Should Know
SIKA AG - Unsponsored ADR (SXYAY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Sika: Continued Upside, But Lowering My Price Target By 10%
Sika AG remains a market leader in building chemicals, with strong innovation, recurring revenues, and a robust sustainability focus driving long-term appeal. Despite cyclical risks and slower organic growth, Sika's pricing power, premium brand, and successful acquisitions support continued earnings and margin expansion. Valuation is less attractive than in the past, so I lowered my price target to 265 CHF, but current levels offer a compelling 15%+ annualized upside.
BASF & Sika Unveil Epoxy Hardener for Sustainable Solutions
The strong partnership between Sika and BASF play a key role in helping customers achieve their efficiency and sustainability objectives more effectively.
Sika AG (SXYAY) Q4 2024 Earnings Call Transcript
Sika AG (OTCPK:SXYAY) Q4 2024 Earnings Conference Call February 21, 2025 4:00 AM ET Company Participants Thomas Hasler - Chief Executive Officer Adrian Widmer - Chief Financial Officer Christoph Ganz - Regional Manager EMEA Mike Campion - Regional Manager Americas Philippe Jost - Regional Manager Asia/Pacific Dominik Slappnig - Head-Communications & Investor Relations Conference Call Participants Remo Rosenau - Helvetische Bank Patrick Rafaisz - UBS Martin Flueckiger - Kepler Cheuvreux Benjamin Triebe - NZZ Cedar Ekblom - Morgan Stanley Priyal Woolf - Jefferies Brijesh Siya - HSBC Pujarini Ghosh - Bernstein Thomas Hasler Good morning. I think everything has been said in the video.
