Chocoladefabriken Lindt & Sprüngli AG

LDSVF

Food Confectioners · Consumer Defensive

Price

$11740.00

+0.00 (+0.00%)

Market Cap

$27.09B

Exchange

Other OTC

Winston Score

Winston is curious

Mixed quality — meaningful strengths and weaknesses.

Share count rising — dilution

+854.4% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 243K (2021) → 2.3M (2025)

Lindt & Sprüngli is a Swiss company that makes premium chocolate. Its most famous products include Lindt chocolate bars, Lindor truffles, and the iconic gold foil-wrapped Lindt bunny. The company sells to everyday consumers who want higher-quality chocolate, and it also owns the Ghirardelli and Russell Stover brands in the United States.

Lindt makes money by selling chocolate through grocery stores, its own retail shops, and online. It operates in over 120 countries, with its strongest markets in Europe and North America, and generates roughly $5 billion in annual sales. Its main competitive advantage is brand strength — Lindt is widely recognized as a premium chocolate brand, which allows it to charge higher prices than mass-market rivals. The key growth driver is expanding its own retail store network and growing in emerging markets, while the main risk is rising cocoa prices, which have surged sharply in recent years and pressure profit margins.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.7% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-88.0% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$21M/ year

↑ Rising (+10% vs prior year)

0.4% of revenue

Below sector average (2%)

R&D investment increasing — building for the future

Insider Activity

8.0%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$669M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Chocoladefabriken Lindt & Sprüngli AG is growing revenue at 10% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

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

Gross Margin

39.4%

Modest — 39.4% gross margin

Operating Margin

20.0%

Healthy — 20.0% operating margin

ROCE

11.5%

Below par — 11.5% 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 YoY

+11.8%

Steady sales growth (11.8% YoY)

EPS YoY

-25.8%

Earnings shrinking (-25.8% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

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

Cash Conversion

122%

Turns 122% of profit into real cash

FCF Margin

9.8%

Modest free cash flow (9.8%)

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

Debt / Equity

0.25

Conservative — low debt load (0.25)

Interest Cover

19.41x

Comfortably covers interest (19.4x)

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

P/E Ratio (TTM)

3.0x

Attractive valuation — P/E 3.0

P/E under 10. The price tag is small relative to last year's profit.

P/E vs Forward

-28.7

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

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

Try free

Dividends

Dividend Yield

1.88%

Small dividend — 1.88% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+40.2%

Dividend growing fast (40.2% YoY)

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