SWX/NOVN (SWX/NOVN)

SIX Swiss Exchange: SWX/NOVN · CHF

CHF 132

+0.53 (+0.4%)· Recorded snapshot

Market cap	249.4B
Revenue (ttm)	47.9B
Net income (ttm)	8.4B
EPS (ttm)	CHF 4.37
Shares out	1.9B
P/E (trailing)	30.2x
P/E (forward)	16.4x
Dividend	CHF 3.70 (2.80%)
Volume	1,022,284
Beta	0.46

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 47.9B
Net income (ttm): 8.4B
EPS (ttm): CHF 4.37
P/E (trailing): 30.2x
P/E (forward): 16.4x
Market cap: 249.4B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-11-03 14:30 UTC

Forward P/E16.4

P25 n/aP50 n/aP75 n/a

Trailing P/E30.2

P25 n/aP50 n/aP75 n/a

ROE24.3

P25 n/aP50 n/aP75 n/a

ROIC19.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500-2.1%

Nasdaq Composite-6.8%

Dow Jones Industrial Average+1.0%

Russell 2000-0.4%

All SWX/NOVN indicators

Market & fundamental data

Available fields

267

Groups with data

Currency

USD

Showing 267 of 267 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CHF
Country	Switzerland
Country code	CH
Earnings date	2026-10-27
Employees	75,267
Employees change	-616
Employees growth	-0.81%
Enterprise value	CHF 282.6B
Exchange	SIX Swiss Exchange
Financial currency	USD
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	1996
Industry	Drug Manufacturers - General
Is primary listing	Yes
ISIN number	CH0012005267
Last earnings date	2026-10-27
Last refreshed	2026-11-03
Last stock split date	2001-05-07
Last stock split type	Forward
Market cap	CHF 249.4B
Next earnings date	2027-02-03
Price	CHF 132.04
Price currency	CHF
Sector	Healthcare
SIC code	2834
Stock price date	2026-11-03
Symbol	swx/NOVN
Website	https://www.novartis.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	18.2x
Average P/E ratio (10Y)	19.87x
Average P/E ratio (3Y)	17.62x
Average P/E ratio (5Y)	17.8x
Earnings yield	3.31%
EV/Earnings	33.64x
EV/EBIT	17.32x
EV/EBITDA	13.86x
EV/FCF	21.55x
EV/Sales	5.88x
FCF / EV yield	4.64%
FCF yield	5.26%
Forward P/E	16.4x
Graham number	40.19303
Graham upside	-69.44%
Lynch fair value	CHF 21.83
Lynch upside	-83.4%
P/(FCF - SBC) ratio	20.5x
P/(OCF - SBC) ratio	18.39x
P/B ratio	7.93x
P/E ratio	30.25x
P/FCF ratio	19.01x
P/OCF ratio	17.18x
P/S ratio	5.19x
PEG ratio	1.96x
Price/EBITDA ratio	12.37x
Sector forward P/E	19.76x
Sector P/E	34.12x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	33.98%
EBITDA margin	41.95%
Effective tax rate	20.8%
FCF margin	27.82%
Gross margin	75.21%
Operating margin	33.98%
Pretax margin	22.04%
Profit margin	17.49%
Profit per employee	CHF 111,194
Profitable quarters	107
Profitable years	28
Revenue per employee	CHF 635,884
ROA	10.86%
ROA (5Y)	7.4%
ROCE	23.04%
ROE	24.33%
ROE (5Y)	23.91%
ROIC	19.26%
ROIC (5Y)	17.5%
SBC / revenue	1.98%
Tax / revenue	4.58%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-28.31%
EPS growth (Q)	-68.81%
EPS growth (QoQ)	-63.16%
EPS growth 10Y	6.32%
EPS growth 3Y	12.03%
EPS growth 5Y	3.87%
EPS growth years	1
FCF growth	-20.02%
FCF growth (Q)	-17.79%
FCF growth (QoQ)	-8.09%
FCF growth 3Y	1.3%
FCF growth 5Y	2.63%
Gross profit growth	0.4%
Gross profit growth (Q)	5.89%
Gross profit growth 3Y	8.64%
Gross profit growth 5Y	3.12%
Net income growth	-30.31%
Net income growth (Q)	-69.4%
Net income growth (QoQ)	-63.17%
Net income growth 3Y	8.58%
Net income growth 5Y	0.45%
Net income growth years	1
OCF growth	-17.79%
OCF growth (Q)	-16.25%
OCF growth (QoQ)	-6.44%
OCF growth 10Y	3.71%
OCF growth 3Y	2.64%
OCF growth 5Y	2.66%
Operating income growth	1.26%
Operating income growth (Q)	16.25%
Operating income growth 3Y	19.41%
Operating income growth 5Y	7.48%
Revenue growth	1.76%
Revenue growth (Q)	4.67%
Revenue growth (QoQ)	0.52%
Revenue growth 10Y	1.46%
Revenue growth 3Y	7.75%
Revenue growth 5Y	1.83%
Revenue growth quarters	1
Revenue growth years	3

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CHF -1.4B
Depreciation and amortization	CHF 3.7B
EBIT	CHF 16.3B
EBITDA	CHF 20.1B
EPS	CHF 4.37
FCF per share	CHF 6.92
Financing cash flow	CHF 649.1M
Free cash flow	CHF 13.1B
Free cash flow minus SBC	CHF 12.1B
Gross profit	CHF 36B
Income taxes	CHF 2.2B
Investing cash flow	CHF -15.6B
Net borrowing	CHF 13.3B
Net cash flow	CHF -572.4M
Net income	CHF 8.4B
Operating cash flow minus SBC	CHF 13.5B
Operating income	CHF 16.3B
Revenue	CHF 47.9B
Stock-based compensation	CHF 947.8M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.56
Book value per share	CHF 16.45
Debt / EBITDA	1.98
Debt / equity	1.29
Debt / FCF	3.09
Goodwill	CHF 22.2B
Interest coverage	12.36
Long-term assets	CHF 74.2B
Long-term liabilities	CHF 39.8B
Net cash (debt)	CHF -32.9B
Net cash / market cap	-13.25%
Net debt / EBITDA	1.64
Net debt / equity	1.05
Net debt / FCF	2.52
Piotroski F-Score	5
Property, plant and equipment	CHF 10B
Shareholders' equity	CHF 31.3B
Tangible book value	CHF -24.8B
Tangible book value per share	CHF -13.15
Total assets	CHF 97.7B
Total cash	CHF 7.4B
Total debt	CHF 40.3B
Total liabilities	CHF 66.4B
WACC	6.19%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.51
Current assets	CHF 23.5B
Current liabilities	CHF 26.6B
Current ratio	0.88
Inventory turnover	2.27
Net working capital	CHF -2.3B
Quick ratio	0.58
Working capital	CHF -3.2B
Working capital turnover	-12.63

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	2.76%
Dividend growth	5.71%
Dividend growth (10Y)	3.2%
Dividend growth (3Y)	4.96%
Dividend growth (5Y)	4.28%
Dividend growth years	28
Dividend payment date	2026-03-12
Dividend payment years	30
Dividend payout frequency	Annual
Dividend per share	CHF 3.70
Dividend yield	2.8%
Ex-dividend date	2026-03-10
FCF payout ratio	53.49%
Last dividend	CHF 3.70
Payout ratio	90.4%
Shareholder yield	5.58%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	90.96%
10Y return CAGR	12.6%
10Y total return	227.58%
150-day SMA	CHF 121.62
15Y price change	170.21%
15Y return CAGR	12.09%
15Y total return	454.26%
1D price change	0.4%
1M price change	13.99%
1M total return	13.99%
1W price change	2.98%
1W total return	2.98%
1Y price change	33.6%
1Y return CAGR	37.69%
1Y total return	37.66%
20-day SMA	CHF 125.98
200-day SMA	CHF 121.60
20Y price change	74.5%
20Y return CAGR	7.5%
20Y total return	324.71%
3M price change	4.76%
3M total return	4.76%
3Y price change	56.65%
3Y return CAGR	20.15%
3Y total return	73.48%
50-day SMA	CHF 122.14
50-day SMA vs 200-day SMA	50over200
52-week high	CHF 135.06
52-week high date	2026-10-30
52-week low	CHF 99.15
52-week low date	2025-11-04
5Y price change	72.59%
5Y return CAGR	16.98%
5Y total return	119.05%
6M price change	14.43%
6M total return	14.43%
All-time high	CHF 135.06
All-time high date	2026-10-30
All-time low	CHF 37.13
All-time low date	1996-12-24
Average true range (ATR)	CHF 2.66
Average volume	3.4M
Beta (1Y)	0.6
Beta (2Y)	0.65
Beta (5Y)	0.46
Change from 52-week high	-2.24%
Change from 52-week low	33.17%
Change from all-time high	-1.81%
Change from all-time low	257.23%
Change from open	-0.72%
Day's gap	1.13%
Dollar volume	CHF 135M
High price	CHF 133.12
Low price	CHF 131.84
Monthly RSI	67.25
Open price	CHF 133.00
Position in 52-week range	15.62%
Previous close	CHF 131.52
Price vs 150-day SMA	9.05%
Price vs 20-day SMA	5.27%
Price vs 200-day SMA	9.06%
Price vs 50-day SMA	8.58%
Relative volume	0.3
RSI	67.41
Sharpe ratio	1.35
Sharpe ratio (3Y)	0.79
Sharpe ratio (5Y)	0.71
Sortino ratio	2.08
Sortino ratio (3Y)	1.34
Sortino ratio (5Y)	1.29
Volume	1M
Weekly RSI	59.87
YTD price change	21%
YTD total return	24.69%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.8B
Shares change (QoQ)	-0.47%
Shares change (YoY)	-2.76%
Shares held by insiders	0.11%
Shares held by institutions	43.86%
Shares outstanding	1.9B

Deeper analysis on SWX/NOVN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this SWX/NOVN report

Is a complete SWX/NOVN research report available?

No complete published report is available for swx/NOVN (SWX/NOVN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

249.4B

Revenue (ttm)

47.9B

Net income (ttm)

8.4B

EPS (ttm)

CHF 4.37

Shares out

1.9B

P/E (trailing)

30.2x

P/E (forward)

16.4x

Dividend

CHF 3.70 (2.80%)

Volume

1,022,284

Beta

0.46

Metric

Value

Amount currency

CHF

Country

Switzerland

Country code

Earnings date

2026-10-27

Employees

75,267

Employees change

-616

Employees growth

-0.81%

Enterprise value

CHF 282.6B

Exchange

SIX Swiss Exchange

Financial currency

USD

Financial report date

2026-09-30

First seen

2026-05-10

Fiscal year end

December

Founded

1996

Industry

Drug Manufacturers - General

Is primary listing

Yes

ISIN number

CH0012005267

Last earnings date

2026-10-27

Last refreshed

2026-11-03

Last stock split date

2001-05-07

Last stock split type

Forward

Market cap

CHF 249.4B

Next earnings date

2027-02-03

Price

CHF 132.04

Price currency

CHF

Sector

Healthcare

SIC code

2834

Stock price date

2026-11-03

Symbol

swx/NOVN

Website

https://www.novartis.com

Metric

Value

Adjusted P/E ratio

18.2x

Average P/E ratio (10Y)

19.87x

Average P/E ratio (3Y)

17.62x

Average P/E ratio (5Y)

17.8x

Earnings yield

3.31%

EV/Earnings

33.64x

EV/EBIT

17.32x

EV/EBITDA

13.86x

EV/FCF

21.55x

EV/Sales

5.88x

FCF / EV yield

4.64%

FCF yield

5.26%

Forward P/E

16.4x

Graham number

40.19303

Graham upside

-69.44%

Lynch fair value

CHF 21.83

Lynch upside

-83.4%

P/(FCF - SBC) ratio

20.5x

P/(OCF - SBC) ratio

18.39x

P/B ratio

7.93x

P/E ratio

30.25x

P/FCF ratio

19.01x

P/OCF ratio

17.18x

P/S ratio

5.19x

PEG ratio

1.96x

Price/EBITDA ratio

12.37x

Sector forward P/E

19.76x

Sector P/E

34.12x

Metric

Value

EBIT margin

33.98%

EBITDA margin

41.95%

Effective tax rate

20.8%

FCF margin

27.82%

Gross margin

75.21%

Operating margin

33.98%

Pretax margin

22.04%

Profit margin

17.49%

Profit per employee

CHF 111,194

Profitable quarters

107

Profitable years

Revenue per employee

CHF 635,884

ROA

10.86%

ROA (5Y)

7.4%

ROCE

23.04%

ROE

24.33%

ROE (5Y)

23.91%

ROIC

19.26%

ROIC (5Y)

17.5%

SBC / revenue

1.98%

Tax / revenue

4.58%

Metric

Value

EPS growth

-28.31%

EPS growth (Q)

-68.81%

EPS growth (QoQ)

-63.16%

EPS growth 10Y

6.32%

EPS growth 3Y

12.03%

EPS growth 5Y

3.87%

EPS growth years

FCF growth

-20.02%

FCF growth (Q)

-17.79%

FCF growth (QoQ)

-8.09%

FCF growth 3Y

1.3%

FCF growth 5Y

2.63%

Gross profit growth

0.4%

Gross profit growth (Q)

5.89%

Gross profit growth 3Y

8.64%

Gross profit growth 5Y

3.12%

Net income growth

-30.31%

Net income growth (Q)

-69.4%

Net income growth (QoQ)

-63.17%

Net income growth 3Y

8.58%

Net income growth 5Y

0.45%

Net income growth years

OCF growth

-17.79%

OCF growth (Q)

-16.25%

OCF growth (QoQ)

-6.44%

OCF growth 10Y

3.71%

OCF growth 3Y

2.64%

OCF growth 5Y

2.66%

Operating income growth

1.26%

Operating income growth (Q)

16.25%

Operating income growth 3Y

19.41%

Operating income growth 5Y

7.48%

Revenue growth

1.76%

Revenue growth (Q)

4.67%

Revenue growth (QoQ)

0.52%

Revenue growth 10Y

1.46%

Revenue growth 3Y

7.75%

Revenue growth 5Y

1.83%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

CHF -1.4B

Depreciation and amortization

CHF 3.7B

EBIT

CHF 16.3B

EBITDA

CHF 20.1B

EPS

CHF 4.37

FCF per share

CHF 6.92

Financing cash flow

CHF 649.1M

Free cash flow

CHF 13.1B

Free cash flow minus SBC

CHF 12.1B

Gross profit

CHF 36B

Income taxes

CHF 2.2B

Investing cash flow

CHF -15.6B

Net borrowing

CHF 13.3B

Net cash flow

CHF -572.4M

Net income

CHF 8.4B

Operating cash flow minus SBC

CHF 13.5B

Operating income

CHF 16.3B

Revenue

CHF 47.9B

Stock-based compensation

CHF 947.8M

Metric

Value

Altman Z-Score

3.56

Book value per share

CHF 16.45

Debt / EBITDA

1.98

Debt / equity

1.29

Debt / FCF

3.09

Goodwill

CHF 22.2B

Interest coverage

12.36

Long-term assets

CHF 74.2B

Long-term liabilities

CHF 39.8B

Net cash (debt)

CHF -32.9B

Net cash / market cap

-13.25%

Net debt / EBITDA

1.64

Net debt / equity

1.05

Net debt / FCF

2.52

Piotroski F-Score

Property, plant and equipment

CHF 10B

Shareholders' equity

CHF 31.3B

Tangible book value

CHF -24.8B

Tangible book value per share

CHF -13.15

Total assets

CHF 97.7B

Total cash

CHF 7.4B

Total debt

CHF 40.3B

Total liabilities

CHF 66.4B

WACC

6.19%

Metric

Value

Asset turnover

0.51

Current assets

CHF 23.5B

Current liabilities

CHF 26.6B

Current ratio

0.88

Inventory turnover

2.27

Net working capital

CHF -2.3B

Quick ratio

0.58

Working capital

CHF -3.2B

Working capital turnover

-12.63

Metric

Value

Buyback yield / dilution

2.76%

Dividend growth

5.71%

Dividend growth (10Y)

3.2%

Dividend growth (3Y)

4.96%

Dividend growth (5Y)

4.28%

Dividend growth years

Dividend payment date

2026-03-12

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

CHF 3.70

Dividend yield

2.8%

Ex-dividend date

2026-03-10

FCF payout ratio

53.49%

Last dividend

CHF 3.70

Payout ratio

90.4%

Shareholder yield

5.58%

Metric

Value

10Y price change

90.96%

10Y return CAGR

12.6%

10Y total return

227.58%

150-day SMA

CHF 121.62

15Y price change

170.21%

15Y return CAGR

12.09%

15Y total return

454.26%

1D price change

0.4%

1M price change

13.99%

1M total return

13.99%

1W price change

2.98%

1W total return

2.98%

1Y price change

33.6%

1Y return CAGR

37.69%

1Y total return

37.66%

20-day SMA

CHF 125.98

200-day SMA

CHF 121.60

20Y price change

74.5%

20Y return CAGR

7.5%

20Y total return

324.71%

3M price change

4.76%

3M total return

4.76%

3Y price change

56.65%

3Y return CAGR

20.15%

3Y total return

73.48%

50-day SMA

CHF 122.14

50-day SMA vs 200-day SMA

50over200

52-week high

CHF 135.06

52-week high date

2026-10-30

52-week low

CHF 99.15

52-week low date

2025-11-04

5Y price change

72.59%

5Y return CAGR

16.98%

5Y total return

119.05%

6M price change

14.43%

6M total return

14.43%

All-time high

CHF 135.06

All-time high date

2026-10-30

All-time low

CHF 37.13

All-time low date

1996-12-24

Average true range (ATR)

CHF 2.66

Average volume

3.4M

Beta (1Y)

0.6

Beta (2Y)

0.65

Beta (5Y)

0.46

Change from 52-week high

-2.24%

Change from 52-week low

33.17%

Change from all-time high

-1.81%

Change from all-time low

257.23%

Change from open

-0.72%

Day's gap

1.13%

Dollar volume

CHF 135M

High price

CHF 133.12

Low price

CHF 131.84

Monthly RSI

67.25

Open price

CHF 133.00

Position in 52-week range

15.62%

Previous close

CHF 131.52

Price vs 150-day SMA

9.05%

Price vs 20-day SMA

5.27%

Price vs 200-day SMA

9.06%

Price vs 50-day SMA

8.58%

Relative volume

0.3

RSI

67.41

Sharpe ratio

1.35

Sharpe ratio (3Y)

0.79

Sharpe ratio (5Y)

0.71

Sortino ratio

2.08

Sortino ratio (3Y)

1.34

Sortino ratio (5Y)

1.29

Volume

Weekly RSI

59.87

YTD price change

21%

YTD total return

24.69%

Metric

Value

Float

1.8B

Shares change (QoQ)

-0.47%

Shares change (YoY)

-2.76%

Shares held by insiders

0.11%

Shares held by institutions

43.86%

Shares outstanding

1.9B

SWX/NOVN (SWX/NOVN)

Price

Financial snapshot

Fair-value bridge

Latest news · SWX/NOVN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SWX/NOVN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SWX/NOVN

Frequently asked questions

SWX/NOVN (SWX/NOVN)

Price

Financial snapshot

Fair-value bridge

Latest news · SWX/NOVN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SWX/NOVN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SWX/NOVN

Frequently asked questions