# Galderma Group N (GALD.SW)

Canonical: https://gigainvestors.com/s/GALD.SW

Analysis as of: 2026-10-16T07:33:56.606Z. 

Listing currency: CHF. 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: CHF 172.15 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Up 172% since Mar 2024

Story as of 2026-10-16T10:01:25.827Z; price observation 2026-10-15.

## Owner memo

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

### How it makes money

Operates in drug manufacturers specialty & generic; annual sales are USD 5.2 billion.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2025-12-31 (filed 2026-10-16T07:33:56.606Z); FY2025: revenue 5241000000; grossProfit 3609000000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 68.9% to 69.8% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2023-12-31 (filed 2026-10-16T07:33:56.606Z); FY2023: grossProfit / revenue = 69.8%.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2024-12-31 (filed 2026-10-16T07:33:56.606Z); FY2024: grossProfit / revenue = 69.5%.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2025-12-31 (filed 2026-10-16T07:33:56.606Z); FY2025: grossProfit / revenue = 68.9%.

### Where the cash goes

Paid dividends in 1 of 4 years; bought back USD 363 million of shares.

- Source: https://query2.finance.yahoo.com/ws/fundamentals-timeseries/v1/finance/timeseries/GALD.SW?type=annualTotalRevenue%2CannualCostOfRevenue%2CannualGrossProfit%2CannualOperatingIncome%2CannualOperatingExpense%2CannualNetIncome%2CannualPretaxIncome%2CannualTaxProvision%2CannualDepreciationAndAmortization%2CannualStockBasedCompensation%2CannualOperatingCashFlow%2CannualCapitalExpenditure%2CannualCashDividendsPaid%2CannualRepurchaseOfCapitalStock%2CannualIssuanceOfCapitalStock%2CannualNetBusinessPurchaseAndSale%2CannualReceivables%2CannualInventory%2CannualAccountsPayable%2CannualCashCashEquivalentsAndShortTermInvestments%2CannualTotalDebt%2CannualCurrentDebt%2CannualStockholdersEquity%2CannualGoodwill%2CannualOtherIntangibleAssets%2CannualNetPPE%2CannualTotalAssets%2CannualTotalLiabilitiesNetMinorityInterest%2CannualCurrentAssets%2CannualCurrentLiabilities%2CannualDilutedAverageShares%2CannualDilutedEPS%2CannualRetainedEarnings&period1=1262304000&period2=1790802309 (filed 2026-10-16T07:33:56.606Z); FY2022: growth capex 0; upkeep 159500000; cash acquisitions 0; owner earnings 19700000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2023-12-31 (filed 2026-10-16T07:33:56.606Z); FY2023: growth capex 0; upkeep 119232390; cash acquisitions 21000000; owner earnings 76142610. Growth capex plus acquisitions / owner earnings = 0.2757982685384701.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2024-12-31 (filed 2026-10-16T07:33:56.606Z); FY2024: growth capex 0; upkeep 275000000; cash acquisitions 50000000; owner earnings 278565920. Growth capex plus acquisitions / owner earnings = 0.17949072880128336.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2025-12-31 (filed 2026-10-16T07:33:56.606Z); FY2025: growth capex 0; upkeep 154000000; cash acquisitions 0; owner earnings 796930520. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:33:56.606Z); Dividend observations: [[2021,0],[2023,0],[2024,0],[2025,41000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/api/fundamentals/GALD.SW.json#2025-12-31 (filed 2026-10-16T07:33:56.606Z); FY2025: cash repurchases 363000000 USD.

### Are managers owners

Insiders own 21% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); GALD.SW SharesStats.PercentInsiders = 21.001 percentage points; cache date 2026-10-16.

### What the price says

The price is 9.4 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:33:56.606Z); Closing price 172.15 CHF; reporting-to-trading FX 0.8276775368316505; FY2025 annual sales per share 22.12909695466301; price multiple 9.399011194452394. FY2025 cash earnings/share 3.364883179395155. Closing-price date 2026-10-15.

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

- 2024-03: CHF 63.35 per share

- 2024-04: CHF 68.50 per share

- 2024-05: CHF 73.27 per share

- 2024-06: CHF 73.96 per share

- 2024-07: CHF 69.09 per share

- 2024-08: CHF 82.30 per share

- 2024-09: CHF 78.60 per share

- 2024-10: CHF 80.81 per share

- 2024-11: CHF 90.25 per share

- 2024-12: CHF 100.64 per share

- 2025-01: CHF 110.70 per share

- 2025-02: CHF 109.94 per share

- 2025-03: CHF 93.57 per share

- 2025-04: CHF 95.90 per share

- 2025-05: CHF 107.70 per share

- 2025-06: CHF 115.00 per share

- 2025-07: CHF 127.50 per share

- 2025-08: CHF 139.60 per share

- 2025-09: CHF 138.30 per share

- 2025-10: CHF 148.50 per share

- 2025-11: CHF 160.00 per share

- 2025-12: CHF 162.10 per share

- 2026-01: CHF 143.90 per share

- 2026-02: CHF 145.90 per share

- 2026-03: CHF 153.40 per share

- 2026-04: CHF 163.80 per share

- 2026-05: CHF 166.55 per share

- 2026-06: CHF 183.90 per share

- 2026-07: CHF 175.75 per share

- 2026-08: CHF 167.90 per share

- 2026-09: CHF 165.85 per share

- 2026-10: CHF 167.35 per share

## Annual estimated value (CHF 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

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.