Emmi AG (XSWX:EMMN) Intrinsic Value: Projected FCF: CHF503.78 (As of Aug. 26, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:EMMN Emmi AG XSWX:EMMN
87 GF Score
Price CHF845.00
GF Value CHF900.80
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Emmi AG Intrinsic Value: Projected FCF?

Emmi AG XSWX:EMMN -0.71% 87 Intrinsic Value: Projected FCF is CHF503.78 as of Aug. 26, 2026. GuruFocus rates XSWX:EMMN with a GF Score™ of 87/100 and a GF Value™ of CHF900.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,319 Consumer Packaged Goods companies, Emmi AG ranks worse than 72.71% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-26), Emmi AG's Intrinsic Value: Projected FCF is CHF503.78. The stock price of Emmi AG is CHF845.00. Therefore, Emmi AG's Price-to-Intrinsic-Value-Projected-FCF of today is 1.7.

The historical rank and industry rank for Emmi AG's Intrinsic Value: Projected FCF or its related term are showing as below:

XSWX:EMMN' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.32   Med: 1.69   Max: 2.26
Current: 1.69

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Emmi AG was 2.26. The lowest was 1.32. And the median was 1.69.

XSWX:EMMN's Price-to-Projected-FCF is ranked worse than
72.71% of 1319 companies
in the Consumer Packaged Goods industry
Industry Median: 1.01 vs XSWX:EMMN: 1.69

Emmi AG  (XSWX:EMMN) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Emmi AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=845.00/503.78343431282
=1.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Emmi AG Intrinsic Value: Projected FCF Related Terms


Emmi AG Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Emmi AG's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Emmi AG Intrinsic Value: Projected FCF Chart

Emmi AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 475.26 440.73 472.63 461.09 503.78

Emmi AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 461.09 0.00 503.78 0.00

XSWX:EMMN vs KHC, GIS, HRL: Intrinsic Value: Projected FCF Comparison

For the Packaged Foods subindustry, Emmi AG's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Emmi AG Price-to-Projected-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emmi AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Emmi AG's Price-to-Projected-FCF falls into.


XSWX:EMMN
87GF Score
Emmi AG XSWX:EMMN
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emmi AG Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Emmi AG's Free Cash Flow(6 year avg) = CHF179.49.

Emmi AG's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(10.195616806174*179.49028571429+1081.534*0.8)/5.350
=503.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of CHF503.78 mean?
Emmi AG (XSWX:EMMN) has a Intrinsic Value: Projected FCF of CHF503.78 as of Aug. 26, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Emmi AG and its competitors. According to the industry distribution chart, Emmi AG ranks #959 out of 1319 companies in the Consumer Packaged Goods industry, placing it in the top 72.7%.
Is Emmi AG's Intrinsic Value: Projected FCF too high?
Emmi AG's current Intrinsic Value: Projected FCF is CHF503.78. Based on the distribution chart, Emmi AG ranks #959 out of 1319 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Emmi AG has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Emmi AG's Intrinsic Value: Projected FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Emmi AG ranks #959 out of 1319 companies for Intrinsic Value: Projected FCF. This places Emmi AG in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Consumer Packaged Goods company?
The median Intrinsic Value: Projected FCF among Consumer Packaged Goods companies is 1.01, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Emmi AG and its competitors. For the Consumer Packaged Goods industry, the median Intrinsic Value: Projected FCF is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmi AG's current Intrinsic Value: Projected FCF is CHF503.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmi AG stock overvalued right now?
Based on GuruFocus' analysis, Emmi AG (XSWX:EMMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF900.80, compared to a current price of CHF845.00 — trading 6.2% below its estimated fair value. The current Intrinsic Value: Projected FCF is CHF503.78. Emmi AG's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Emmi AG (XSWX:EMMN), the current Intrinsic Value: Projected FCF is CHF503.78 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Emmi AG (XSWX:EMMN) Overvalued in 2026?

Based on GuruFocus' analysis, Emmi AG stock appears to be undervalued. The current stock price of CHF845.00 is trading 6.2% below its estimated GF Value™ of CHF900.80. GuruFocus considers Emmi AG to be Fairly Valued.

Key valuation signals for XSWX:EMMN:

  • Intrinsic Value: Projected FCF: CHF503.78
  • GF Value™: CHF900.80 vs. price of CHF845.00 (6.2% below fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the XSWX:EMMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emmi AG Business Description

Address Landenbergstrasse 1, Lucerne, CHE, CH-6005
Emmi AG is a Swiss dairy products manufacturer. The company generates revenue in Switzerland, the Americas, other European countries, and the rest of the world. By product category, dairy products, cheese, and fresh products are the main segments. The company also offers powder/concentrates among other products/services.
87GF Score

Get the complete analysis for XSWX:EMMN

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF845.00
Price
CHF900.80
GF Value