Stock

COLTENE Holding AG

CLTN.SW
49
Medical - Instruments & Supplies · Healthcare
Also trades as: 0QP7.L GBP 0.47 (+0.65%)
Price
CHF 46.70
-0.10 (-0.21%)
Market Cap
CHF 279.1M
Exchange
SIX Swiss Exchange
Winston Score
49
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 12, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Mixed
9/30
Growth
Mixed
5/20
Cash Flow
Strong
8/10
Stability
Strong
7/10
Valuation
Strong
7/10
Ownership
Good
10/15
Dividends
Good
3/5

49 of 100 counted points = Winston Score 49.

§Winston Score History

The full picture

COLTENE Holding AG is a Swiss company that makes dental supplies and equipment used by dentists around the world. Its core products include materials for filling teeth, cleaning root canals, taking dental impressions, and polishing teeth. The company sells primarily to dental practices, dental labs, and distributors, making it a focused player in the consumable dental supplies market.

COLTENE earns most of its revenue by selling single-use and consumable dental products that dentists reorder regularly, which creates a steady, repeat-purchase revenue stream. The company operates globally, with significant sales in North America, Europe, and Latin America, and generates roughly 300 million Swiss francs in annual revenue. Its moat comes from established brand relationships with dental professionals and a broad product portfolio, but the business faces pressure from larger competitors like Dentsply Sirona and from currency fluctuations that can hurt reported earnings since it sells worldwide but reports in Swiss francs.

Share count broadly stable

−0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 6.0M (2021) → 6.0M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
23.3%
Thin — 23.3% gross margin
Profit after running costs
Operating Margin
4.9%
Thin — 4.9% operating margin
Return on the money invested
ROCE
12.1%
Good — 12.1% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-2.5%
Shrinking sales (-2.5% YoY)
Profit growth
EPS YoY
+3.3%
Modest earnings growth (+3.3% YoY)

Single-digit earnings growth — steady but not exciting.

How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
134%
Turns 134% of profit into real cash
Spare cash per sale
FCF Margin
6.2%
Modest free cash flow (6.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.64
Moderate — manageable debt (0.64)
Covers its interest
Interest Cover
14.24x
Comfortably covers interest (14.2x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
18.9x
Fair value — P/E 18.9

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+3.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (18.9 → 15.8)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
4.29%
Healthy income — 4.29% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
-9.3%
Dividend cut (-9.3% YoY) — warning sign
Payout Ratio
11%
no trend
Pays out a modest share of profit and keeps the rest to reinvest. Room to keep paying through a weak year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial