profit from every CHF 100 of sales.
CHF 0CHF 100
Implenia
CHF 74.30+4.06% today
+5.5% in 1 year
1-year low CHF 59.001-year high CHF 82.60
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay CHF 16.41 for every CHF 1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Implenia sold, what it kept, and what it did with the cash.
Sales went from CHF 3.54 billion in 2022 to CHF 3.47 billion in 2025, with CHF 83.6 million of profit last year.
SalesProfit
Implenia handed back 43% of the cash it generated last year.
Buybacks CHF 19MCHF 16M
Free cash flow 2025CHF 81M
Bought back its own sharesCHF 19M
Paid as dividendsCHF 16M
Implenia vs. similar companies
Implenia grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from CHF 100 of sales | Sales growth a year | Price per CHF 1 of profit |
|---|---|---|---|
| Implenia | 16.4× · Fair price | ||
 Quanta Services | 86.7× · Very expensive | ||
 Larsen & Toubro | 35.8× · Expensive | ||
 Ferrovial | 44.3× · Expensive | ||
 Comfort Systems USA | 38.3× · Expensive |
AI analysis
An AI analyst reads Implenia's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,538 | 3,596 | 3,559 | 3,475 | |
| 1,413 | 1,497 | 1,556 | 1,596 | |
| 101 | 106 | 83 | 71 | |
| 237 | 231 | 244 | 270 | |
| 105 | 141 | 92 | 84 | |
| 5.59 | 7.57 | 5.00 | – | |
| 39.9% | 41.6% | 43.7% | 45.9% | |
| 2.8% | 2.9% | 2.3% | 2.0% | |
| 3.0% | 3.9% | 2.6% | 2.4% |
Balance sheet
| In millions of CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,753 | 2,906 | 3,098 | 3,327 |
| Cash | 609 | 479 | 402 | 533 |
| Total debt | – | – | – | – |
| Total liabilities | 2,271 | 2,330 | 2,442 | 2,574 |
| 476 | 568 | 652 | 749 | |
| 19 | 19 | 18 | – | |
| 25.5% | 19.0% | 16.5% | 15.7% | |
| 22.0% | 24.8% | 14.2% | 11.2% |
Cash flow
| In millions of CHF | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 128 | -30 | 43 | 137 | |
| 39 | 60 | 81 | 56 | |
| 89 | -90 | -38 | 81 | |
| Dividends paid | – | 7 | 11 | 16 |
| 5 | 17 | 0 | 19 | |
| – | – | – | – |
Valuation
- 16.4×
- –
- –
- 1.6×
- 0.4×
- 17.0×
- 3.1×
- 5.9%
- 6.1%
- 1.2%
Profitability
- 45.9%
- 2.0%
- 2.4%
- –
- 15.7%
- 19.2%
- –
- –
- –
- –
Growth
- −0.6%
- –
- –
- –
- −4.4%
Financial health
- -2.0×
- –
- –
- 4.7×
- 1.23
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 12%of 979
Bottom 12%of 984
Top 34%of 862
Bottom 14%of 983
Top 31%of 986
1.2%of the share price, paid each year
On $1,000 invested$12a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
19.4% of its profit
Room to growStretchedMore than it earns: 20.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
65Pass
Benjamin Graham
68Pass
Philip Fisher
58No pass
Peter Lynch
16No pass
Joel Greenblatt
60Pass
Charlie Munger
64Pass
Terry Smith
53No pass
Questions about Implenia
Is Implenia a good stock to buy?
A business with weak numbers at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Implenia AI analysis
What does Implenia do?
Implenia AG provides construction and real estate services in Switzerland, Germany, Austria, Norway, Sweden, France, and internationally. It operates through Buildings; Civil Engineering; and Service Solutions segments. It is in Engineering & Construction, based in Opfikon, Switzerland, with 7,869 employees.
Does Implenia pay a dividend?
Yes. At today's price the dividend is 1.2% a year, about 19% of its yearly profit. In 2025 it paid out CHF 16.2 million in dividends.
How has Implenia stock done over the past year?
Up 5.5% over the past twelve months, to CHF 74.30. It traded between CHF 59.00 and CHF 82.60 and is 10.0% below its high.
Who are Implenia's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Implenia's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.