Industry Revenues:

• Semiconductor Industry: approx. 60%
• Automotive Industry: approx. 20%
• Aerospace: approx. 10%
• Other Industries: approx. 10%

TOP 3 Markets:

• USA: 35%
• China: 25%
• Germany: 15%

Comet Holding AG generates the majority of its revenues from the semiconductor industry, which is attributed to the increasing demand for semiconductor solutions and technologies. The automotive industry and aerospace are also significant sources of revenue, with the latter benefiting from the growing digitalization and automation.

The USA is the largest market for Comet Holding AG, followed by China and Germany. These markets are crucial for the company as they are both technologically advanced and economically strong, driving the demand for Comet's specialized products.

Production sites of Comet Holding AG:

• Flamatt, Switzerland
• San José, USA
• Shanghai, China
• Aachen, Germany

Comet Holding AG is a globally operating company specializing in the production of X-ray and high-frequency technology. The production sites are strategically located across different continents to ensure proximity to key markets and efficiency in the supply chain. Flamatt in Switzerland serves as the headquarters and is a central location for research and development.

Revenue growth: 8.5% (2025) Research & Development investments: 12% of revenue (2025)

Comet Holding AG has pursued a strategy in recent years that strongly emphasizes innovation and technological leadership. The company continuously invests in research and development to expand its product range and develop new technologies that can be applied in various industries.

An essential part of the growth strategy is the expansion into new markets, especially in Asia and North America, where there is a growing demand for advanced technologies. Comet aims to strengthen its presence in these regions through strategic partnerships and local branches.

Additionally, the company is focusing on digitizing its processes and products to achieve efficiency gains and offer its customers innovative solutions. These measures are intended to help Comet solidify its market position and further increase revenue growth in the coming years.

Main raw materials: Copper, Aluminum, Steel

Countries of origin:

• Copper: Chile, Peru
• Aluminum: Canada, Russia
• Steel: Germany, China

Comet Holding AG, a leading company in high-frequency and X-ray technology, imports a variety of raw materials that are essential for the production of their products. Copper is mainly sourced from Chile and Peru, as these countries are among the largest copper producers worldwide. Aluminum is imported from Canada and Russia, both significant exporters of this metal. For steel, which is used in many industrial applications by Comet, Germany and China are the main suppliers due to their strong steel industry.

These raw materials are crucial for the production of components used in the semiconductor industry, the automotive industry, and other high-tech sectors. Comet Holding AG pays attention to the quality and availability of materials to be able to manufacture their technologically sophisticated products.

Market share in X-ray technology: 25% (2025, estimated)
Research & development expenses: CHF 50 million (2025)
EBIT margin: 12% (2025)

Comet Holding AG has established itself as a leading provider in X-ray technology, with an estimated market share of 25%. This gives the company a significant competitive advantage, especially in specialized niche markets such as the semiconductor and electronics industry.

The company continuously invests in research and development, with expenses of CHF 50 million in 2025, to secure its technology leadership and drive innovation. These investments strengthen the product range and enhance competitiveness.

With an EBIT margin of 12%, Comet demonstrates solid profitability, indicating efficient operations and a strong market position. Together, these factors give Comet a robust competitive edge over its competitors.

Institutional Investor Share: 65% (2026, estimated)

Insider Purchases: No significant purchases in the last 12 months

Insider Sales: 2% of shares in the last year

The institutional investor share in Comet Holding AG is estimated to be 65%. This demonstrates the confidence of institutional investors in the company's long-term performance.

Regarding insider transactions, there have been no significant purchases in the last year, indicating that insiders may not see a strong incentive to increase their positions. However, about 2% of shares were sold by insiders, which could suggest profit-taking or portfolio rebalancing.

Market share of Comet Holding AG: Estimated 8% (2026)

Main competitors and their market shares:

1. Applied Materials, Inc.: 20%
2. Lam Research Corporation: 15%
3. Tokyo Electron Limited: 12%
4. ASML Holding N.V.: 10%
5. Comet Holding AG: 8%
6. KLA Corporation: 7%
7. Hitachi High-Technologies Corporation: 6%
8. Advantest Corporation: 5%
9. Screen Holdings Co., Ltd.: 4%
10. Teradyne, Inc.: 3%

Moat of Comet Holding AG:

Comet Holding AG is known for its expertise in X-ray technology and high-frequency technology, giving them a technological advantage in certain niche markets. This technological edge can be seen as a moderate moat, as it targets specialized applications and customer needs.

In comparison, companies like Applied Materials and ASML Holding N.V. have deeper moats, as they have broader product portfolios and larger research and development resources. These companies dominate the market by offering comprehensive solutions and operating on a large scale.

Comet Holding AG must continue to invest in innovation and expand its niche expertise to maintain or increase its market share, as competition in the semiconductor industry is intense and dominated by large players with extensive resources.

Revenue Growth: 10% (2025) EBIT Margin: 15% (2025) R&D Expenses: 8% of revenue (2025)

Comet Holding AG achieved a revenue growth of 10% in 2025, driven by strong demand in its core markets. The EBIT margin stands at 15%, indicating an efficient cost structure and operational excellence.

The company invests 8% of its revenue in research and development, signaling a strong innovation pipeline and a commitment to remain technologically ahead. These investments could lead to a competitive advantage in the long term.

Overall, Comet Holding AG demonstrates solid financial metrics and a strategic focus on growth and innovation, making it a potentially attractive investment. However, investors should also consider external factors such as market conditions and geopolitical risks.

Dividend yield: 2.5% (2026, estimated)
Dividend growth: 3% annually (last 3 years, estimated)

In recent years, Comet Holding AG has regularly distributed dividends and demonstrates a stable dividend policy. The estimated dividend yield of 2.5% in 2026 indicates that the company continues to strive to provide its shareholders with an attractive return.

The average annual dividend growth of 3% over the last three years shows that Comet Holding AG has been able to consistently increase its payouts. This reflects a reliable dividend policy supported by solid financial results and sustainable business development.