Forbo Holding AG (FBOHF)
Forbo Holding AG operates in the Furnishings, Fixtures & Appliances industry of the Consumer Cyclical sector, headquartered in Baar, ZG, CH. The stock last traded at $839.63, up 0.00% on the session, giving a market capitalisation of $1.20B. On trailing twelve-month figures it carries a trailing P/E of 20.41, a net margin of 6.1%. Its beta of 0.90 implies it has historically moved less than the broad market.
Forbo Holding AG, a company founded in 1928 and headquartered in Baar, Switzerland, operates globally in the production and sale of specialized materials. Its business primarily encompasses floor coverings, construction adhesives, and industrial belt solutions for power transmission and conveying. The company's "Flooring Systems" division offers an extensive array of flooring options, including linoleum, vinyl, entrance systems, carpet tiles, needle felt, and washable textile floor coverings. This segment also provides a full suite of accessory products essential for the installation, processing, cleaning, and maintenance of these floorings. Furthermore, it supplies ready-to-use adhesives for various floor types like parquet and ceramic tiles, along with leveling compounds and liquid floor solutions marketed under the Eurocol brand for the construction industry. These products are widely utilized in public buildings, healthcare facilities, educational institutions, commercial and office spaces, retail outlets, hospitality venues, leisure centers, and residential properties. Complementing this, the "Movement Systems" division, known for its Siegling brand, manufactures a diverse portfolio of industrial belts. This includes conveyor and processing belts, plastic modular belts, power transmission belts, and timing and flat belts. These belt systems are integral to numerous industrial, commercial, and service applications, ranging from material handling in the food industry and fitness equipment like treadmills to logistical operations in mail distribution centers.
Forbo Holding AG is most often compared with the following Consumer Cyclical names: