The Tecan Share
Performance of the Tecan share in 2013
The positive performance of the Tecan share in the prior year continued in 2013. The Tecan share rose by 37.9 % in the year under review, peaking at CHF 105.50 and thereby outperforming the SPI Extra benchmark (2013: +27.7 %) of small and medium-sized companies listed on the SIX Swiss Exchange by 10.2 %. The Tecan share began 2013 with price gains and in March, the company reported healthy results for the 2012 financial year, which led to further slight rises. Between April and October, the share price remained relatively stable within the range of CHF 80 to 90. Following the publication of the interim results, the share experienced further gains, rising to over CHF 100 for the first time in ten years. The Tecan share saw a temporary price correction in October, which was partly the result of the threat of insolvency of the US federal government and partly due to Tecan’s revised outlook for 2013. However, the share price rose again at the end of the year, closing at its peak.
Share information
| Listing: | SIX Swiss Exchange |
| Stock name: | Tecan Group |
| Security number: | 1210019 |
| ISIN: | CH0012100191 |
| Bloomberg: | TECN:SW |
| Reuters: | TECN.S |
Share price performance between 01.01.2013 and 31.12.2013
Share price performance between 2010 and 2013
Tecan share
2011 | 2012 | 2013 | |
|---|---|---|---|
Numbers of shares issued | 11’444’576 | 11’444’576 | 11’444’576 |
Number of treasury shares | 639’631 | 546’590 | 362’840 |
Number of shares outstanding at December 31 | 10’804’945 | 10’897’986 | 11’081’736 |
Average number of shares outstanding | 10’756’118 | 10’817’668 | 10’977’758 |
Share price at December 31 (CHF) | 63.50 | 76.50 | 105.50 |
High (CHF) | 82.50 | 77.50 | 105.50 |
Low (CHF) | 49.25 | 59.05 | 77.2 |
Average number of traded shares per day1 | 34’544 | 34’065 | 31’753 |
Average trading volume per day (CHF)1 | 2’321’011 | 2’301’772 | 2’868’248 |
Information per share
2012 | 2013 | |
|---|---|---|
Basic earnings per share (CHF/share) | 3.90 | 4.16 |
Shareholder's equity at December 31 (CHF) | 293'613 | 336'202 |
Dividend (CHF) | 1.25 | 1.50 |
Dividend yield (%)2 | 1.63 % | 1.42 % |
Financial ratios
2012 | 2013 | |
|---|---|---|
Market capitalization (CHF mio)3 | 875.5 | 1’207.4 |
Enterprise Value (CHF mio)4 | 734.2 | 1'064.0.2 |
Price Earnings Ratio5 | 19.52 | 25.36 |
1 Including off-exchange trading
2 At share price as of Dec 31
3 Number of shares issued multiplied with share price as of Dec 31
4 Market capitalization minus net liquidity
5 Share price as of Dec 31 divided by basic earnings per share