Performance of the Tecan share in 2021
Overall, the year 2021 was an above-average year for the stock market. A strong economic recovery and strong growth in corporate profits laid the basis for booming stock markets. Despite emerging concerns that major central banks will raise interest rates in several steps in 2022 and despite the contagious Corona variant Omicron, a friendly mood prevailed towards the end of the year. Several indices were able to surpass their previous record highs once again.
The SMI, which covers Swiss blue-chip stocks, advanced by 20.3% for the year. The SPI Extra, which comprises the small and mid-cap companies listed on the SIX Swiss Exchange, closed 22.2% higher.
At CHF 555.50, shares of Tecan once again finished the year at the highest closing price at year end (taking into consideration stock splits). Tecan’s shares value increased by 28.1% in the year under review, markedly outperforming the relevant indices. Tecan’s market capitalization thus amounted to CHF 7.0 billion at the end of the year.
SHARE PRICE PERFORMANCE BETWEEN 31.12.2020 AND 31.12.2021
SHARE PRICE PERFORMANCE BETWEEN 2019 AND 2021
Tecan share
| 2019 | 2020 | 2021 |
Numbers of shares issued | 11,870,912 | 11,958,845 | 12,678,108 |
Number of treasury shares | 0 | 0 | 0 |
Number of shares outstanding at December 31 | 11,870,912 | 11,958,845 | 12,678,108 |
Average number of shares outstanding | 11,836,588 | 11,934,355 | 12,225,180 |
Share price at December 31 (CHF) | 272.00 | 433.80 | 555.50 |
High (CHF) | 277.80 | 469.60 | 594.50 |
Low (CHF) | 190.80 | 236.60 | 362.00 |
Average number of traded shares per day1 | 20,854 | 46,349 | 27,745 |
Average trading volume per day (CHF)1 | 4,934,473 | 16,597,113 | 13’412’765 |
Information per share
| 2019 | 2020 | 2021 |
Basic earnings per share (CHF/share) | 6.18 | 8.69 | 9.95 |
Shareholders' equity at December 31 (CHF 1,000) | 659,067 | 733,651 | 1,224,895 |
Dividend (CHF) | 2.20 | 2.30 | 3.00 |
Dividend yield (%)3 | 0.81% | 0.53% | 0.54% |
Financial ratios
| 2019 | 2020 | 2021 |
Market capitalization (CHF million)4 | 3,228.9 | 5,187.7 | 7,042.7 |
Price Earnings Ratio6 | 44.01 | 49.92 | 55.80 |
1 Including off-exchange trading
2 Proposal to the Annual General Meeting of Shareholders on April 12, 2022
3 At share price as of Dec 31
4 Number of shares issued multiplied with share price as of Dec 31
5 Market capitalization minus net liquidity
6 Share price as of Dec 31 divided by basic earnings per share
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