# Aebi Schmidt Holding AG - Common Stock (AEBI.US)

Canonical: https://gigainvestors.com/s/AEBI

Analysis as of: 2026-10-16T07:26:14.742Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $11.22 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Andrew Adams](https://gigainvestors.com/MPF): tracked 13F investor; follow the investor page for holding quarter and amounts.

- [Richard Pzena](https://gigainvestors.com/PIM): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 23% since Jan 2026

Story as of 2026-10-16T10:01:29.398Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in farm & heavy construction machinery; annual sales are USD 1.5 billion.

- Source: https://www.sec.gov/Archives/edgar/data/2048519/000162828026019616/aebi-20251231.htm (filed 2026-03-19); FY2025: revenue 1526625000; grossProfit 304054000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); AEBI.US: Aebi Schmidt Holding AG manufactures specialty vehicles in North America, Europe, and internationally. It offers a portfolio of single axle implement carriers and transporters for the agriculture and municipal sectors; maintenance equipment, such as plows, snow cutters, spreaders, sprayers, and sweeping machines; and custom engineering, installation, manufacturing, and distribution of performance-driven municipal, commercial, and fleet vehicles. The company also provides heavy-duty industrial equipment, and services and support; multi-tasking airport equipment, including snow removal products and various attachment for commercial and municipal use; after-market service; pickup truck aluminum accessories; and emergency lighting and specialty vehicle upfits. In addition, it offers wireless communications, vehicle tracking solutions, and camera systems; winter road maintenance, highway construction and repair, landscaping, and hauling; truck and dump bodies, V-box and tailgate spreaders, hydraulic systems, and liquid application systems; and diesel platforms. Further, the company is involved in the manufacturing, upfitting, and distribution of truck equipment; walk-in van and truck body manufacturing and assembly; and cargo van upfitter. It provides its products under the Aebi, Schmidt, Monroe, Towmaster, MB, Utilimaster, Magnum, Strobes-R-Us, Swenson, Meyer, MB, and Spartan RV Chassis brands. Aebi Schmidt Holding AG was founded in 1883 and is headquartered in Frauenfeld, Switzerland.

### Why customers stay

Margins ranged from 19.9% to 21% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); FY2023: grossProfit / revenue = 20.3%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); FY2024: grossProfit / revenue = 21%.

- Source: https://www.sec.gov/Archives/edgar/data/2048519/000162828026019616/aebi-20251231.htm (filed 2026-03-19); FY2025: grossProfit / revenue = 19.9%.

### Where the cash goes

Paid dividends in 3 of 3 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); FY2023: growth capex 0; upkeep 11914000; cash acquisitions 10052000; owner earnings 26449000. Growth capex plus acquisitions / owner earnings = 0.38005217588566675.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); FY2024: growth capex 0; upkeep 13613000; owner earnings 43483000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/2048519/000162828026019616/aebi-20251231.htm (filed 2026-03-19); FY2025: growth capex 0; upkeep 14205000; cash acquisitions 0; owner earnings 39734000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); Dividend observations: [[2023,2070000],[2024,3225000],[2025,13435000]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 53% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); AEBI.US SharesStats.PercentInsiders = 52.978 percentage points; cache date 2026-10-15.

### What could break it

US import tariffs could raise product costs.

- Source: https://www.sec.gov/Archives/edgar/data/2048519/000162828026019616/aebi-20251231.htm (filed 2026-03-19); re not exclusively within our control. The risks described below are the primary risks known to us which we believe could materially affect our business, financial condition, results of operations, or cashflows. However, these risks may not be the only risks that could impact us. Our business could also be affected by other factors which are not presently known to us, factors we currently consider to be immaterial to our operations, or factors that could emerge as new risks in the future.

7

Risks Relating to Our Company and Business

Changes in U.S. trade policy, including the imposition of tariffs and the resulting consequences, may have a material adverse impact on our business and results of operations.

Changes in U.S. trade policy, including the imposition of tariffs and the resulting consequences of such imposition, may have a material adverse impact on our business and results of operations and of our business partners and suppliers. In particular, the U.S. government has adopted a new approach to trade policy and in many cases is renegotiating, or potentially terminating, certain existing bilateral or multi-lateral trade agreements. It has also imposed or is considering the imposition of tariffs on certain foreign goods, including certain products imported into the United States from Mexico, Canada, China and numerous other jurisdictions. These measures have resulted in, and are likely to continue to result in, increased costs for goods imported into the United States, particularly if these measures are implemented in regions where we or our suppliers source components or raw materials. This in turn has required and may continue to require us to increase the prices we charge to our customers, which may reduce demand, or, if we are unable to increase prices, result in lowering our margin on products sold. Further, changes in U.S. trade policy have resulted in, and likely will continue to result in one or more of the United States’ trading partners adopting responsive trade policies making it more difficult or costly for us to export our products to those countries. Countries may also adopt other measures, such as controls on imports or exports of goods, technology or data, which could adversely impact our operations and supply chain. Any such volatility and disruptions may adversely affect our business or the third parties on whom we rely. Political tensions as a result of trade policies could reduce trade volume, investment, technological exchange and other economic activities between major international economies, resulting in a material adverse effect on global economic conditions and the stability of global financial markets.

There is substantial uncertainty about the duration of existing tariffs and whether additional tariffs may be imposed, modified or suspended. We cannot predict future trade policy or the terms of any renegotiated

### What the price says

The price is 0.4 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-19); Closing price 11.22 USD; reporting-to-trading FX 1; FY2025 annual sales per share 25.9700768916712; price multiple 0.43203568656349794. FY2025 cash earnings/share 0.6759322264561786. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-07: $10.30 per share

- 2025-08: $12.29 per share

- 2025-09: $12.47 per share

- 2025-10: $11.15 per share

- 2025-11: $11.91 per share

- 2025-12: $12.65 per share

- 2026-01: $14.64 per share

- 2026-02: $14.42 per share

- 2026-03: $9.71 per share

- 2026-04: $11.62 per share

- 2026-05: $12.48 per share

- 2026-06: $12.55 per share

- 2026-07: $12.89 per share

- 2026-08: $12.65 per share

- 2026-09: $10.58 per share

- 2026-10: $11.22 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/2048519/000162828026019616/aebi-20251231.htm); period 2025-12-31, filed 2026-03-19.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.