Stocktoria

Nestlé S.A. NESN.SW

CH · SIX Swiss Exchange · XSWX · stock · Consumer Defensive · website

Nestlé S.A. statistics & valuation

Market capCHF 208.5B
P / E23.1×
P / S2.3×
P / B6.4×
P / FCF19.0×
Dividend yield3.76%
Net margin10.0%
Return on equity27.5%
FCF margin12.2%
Net debtCHF 53.6B
Enterprise value USD$322.3B
Earnings yield EBIT/EV5.3%
Return on capital16.2%
Graham number -60.8%CHF 31.74

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CHF 31.74); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
9.80% 12.00% 11.90% 10.00% 2022202320242025
Gross margin (%)
45.40% 46.10% 46.90% 45.80% 2022202320242025
Operating margin (%)
16.50% 16.80% 17.00% 15.60% 2022202320242025
Return on equity (%)
22.10% 31.40% 30.30% 27.50% 2022202320242025
Shares outstanding
2.57B 2.57B 2.57B 2.57B 2022202320242025
Net debt (CHF )
CHF 48.80B CHF 50.42B CHF 58.30B CHF 53.57B 2022202320242025
Share buybacks (CHF )
CHF 5.23B CHF 4.68B CHF 213.0M 2022202320242025
Return on assets (%)
6.90% 8.90% 7.80% 7.10% 2022202320242025
Free cash flow margin (%)
6.90% 10.40% 11.70% 12.20% 2022202320242025
Debt / equity (×)
1.29× 1.55× 1.77× 1.76× 2022202320242025
EPS (CHF )
CHF 3.42 CHF 4.23 CHF 4.19 CHF 3.51 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Nestlé S.A. trades at about 23.1× earnings — near its 10-year norm (10-year range 18.5×–32.6×, median 23.3×).

18.5× 32.6×

Shaded band = 10-year range (18.5×–32.6×); dot = today's 23.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin45.8%46.9%46.1%45.4%
Operating margin15.6%17.0%16.8%16.5%
Net margin10.0%11.9%12.0%9.8%
FCF margin12.2%11.7%10.4%6.9%
Return on assets7.1%7.8%8.9%6.9%
Return on equity27.5%30.3%31.4%22.1%
Current ratio0.790.820.830.88

Computed from company filings · CH · as of 2025-12-31. Figures in CHF. Facts plus Stocktoria's own computed scores — not investment advice.