ZUG ESTATES HOLDING AG |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,795 CHF | +0.56% |
|
-0.28% | +11.84% |
| Feb. 21 | Swiss Equities Snap Winning Streak Ahead of US Fed Minutes | MT |
| Feb. 21 | Switzerland's Zug Estates Logs Lower FY23 Net Income; Net Sales Grow | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,188 | 1,035 | 1,010 | 902.7 | 818.6 | 915.4 | - | - |
| Enterprise Value (EV) 1 | 1,764 | 1,610 | 1,552 | 902.7 | 1,473 | 1,583 | 1,572 | 915.4 |
| P/E ratio | 15.6 x | 32.1 x | 13.4 x | 22.7 x | 33.8 x | 30.8 x | 20.8 x | - |
| Yield | 1.33% | 1.67% | 1.89% | 2.32% | 2.74% | 2.62% | 2.7% | - |
| Capitalization / Revenue | 9.87 x | 7.37 x | 13.6 x | 11.3 x | 9.65 x | 10.5 x | 10.3 x | - |
| EV / Revenue | 14.7 x | 11.5 x | 20.9 x | 11.3 x | 17.4 x | 18.1 x | 17.6 x | - |
| EV / EBITDA | 23.9 x | 34 x | 16.1 x | 16 x | 35.7 x | 30.4 x | 25.3 x | - |
| EV / FCF | -63.8 x | 67.5 x | - | -13.7 x | 150 x | 127 x | 69 x | - |
| FCF Yield | -1.57% | 1.48% | - | -7.32% | 0.67% | 0.79% | 1.45% | - |
| Price to Book | 1.31 x | 1.13 x | 1.04 x | 0.91 x | 0.82 x | 0.85 x | 0.82 x | - |
| Nbr of stocks (in thousands) | 510 | 510 | 510 | 510 | 510 | 510 | - | - |
| Reference price 2 | 2,330 | 2,030 | 1,980 | 1,770 | 1,605 | 1,795 | 1,795 | 1,795 |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 2/24/23 | 2/19/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 120.4 | 140.4 | 74.23 | 80.13 | 84.79 | 87.57 | 89.28 | - |
| EBITDA 1 | 73.97 | 47.34 | 96.62 | 56.52 | 41.24 | 51.99 | 62.24 | - |
| EBIT 1 | 70.5 | 43.75 | 93.16 | - | 37.65 | 48.51 | 53.6 | - |
| Operating Margin | 58.57% | 31.16% | 125.5% | - | 44.4% | 55.4% | 60.04% | - |
| Earnings before Tax (EBT) 1 | 65 | 36.53 | 85.66 | - | 27.5 | 33.73 | 49.8 | - |
| Net income 1 | 76 | 32.26 | 75.56 | 39.8 | 24.19 | 31.72 | 41.59 | - |
| Net margin | 63.13% | 22.98% | 101.79% | 49.67% | 28.53% | 36.23% | 46.58% | - |
| EPS 2 | 149.1 | 63.25 | 148.2 | 78.04 | 47.44 | 58.33 | 86.12 | - |
| Free Cash Flow 1 | -27.65 | 23.86 | - | -66.11 | 9.844 | 12.43 | 22.79 | - |
| FCF margin | -22.97% | 17% | - | -82.5% | 11.61% | 14.19% | 25.52% | - |
| FCF Conversion (EBITDA) | - | 50.4% | - | - | 23.87% | 23.91% | 36.61% | - |
| FCF Conversion (Net income) | - | 73.96% | - | - | 40.69% | 39.18% | 54.79% | - |
| Dividend per Share 2 | 31.00 | 34.00 | 37.50 | 41.00 | 44.00 | 47.00 | 48.50 | - |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 2/24/23 | 2/19/24 | - | - | - |
1CHF in Million2CHF
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2022 S1 | 2023 S1 |
|---|---|---|---|---|
| Net sales 1 | 105.4 | 36.14 | 38.5 | 42.9 |
| EBITDA 1 | - | 22.82 | 24.48 | 27.16 |
| EBIT | - | - | - | - |
| Operating Margin | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - |
| Net income 1 | 8.3 | 32.66 | 27.9 | 1.922 |
| Net margin | 7.87% | 90.38% | 72.47% | 4.48% |
| EPS 2 | 16.20 | 64.04 | 54.71 | 3.770 |
| Dividend per Share | - | - | - | - |
| Announcement Date | 8/28/20 | 8/27/21 | 8/27/22 | 8/25/23 |
1CHF in Million2CHF
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 576 | 575 | 542 | - | 654 | 667 | 656 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 7.788 x | 12.14 x | 5.614 x | - | 15.86 x | 12.84 x | 10.55 x |
| Free Cash Flow 1 | -27.7 | 23.9 | - | -66.1 | 9.84 | 12.4 | 22.8 |
| ROE (net income / shareholders' equity) | 3.59% | 3.54% | 3.38% | 3.46% | 2.4% | 3.3% | 3.36% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 1,776 | 1,795 | 1,899 | 1,940 | 1,946 | 2,103 | 2,197 |
| Cash Flow per Share 2 | 105.0 | 165.0 | 94.20 | 77.20 | 84.80 | 84.20 | 86.50 |
| Capex 1 | 0.9 | 0.29 | 10.3 | 106 | 29.2 | 28.8 | 18.3 |
| Capex / Sales | 0.75% | 0.21% | 13.94% | 131.67% | 34.43% | 32.89% | 20.5% |
| Announcement Date | 3/6/20 | 3/5/21 | 3/4/22 | 2/24/23 | 2/19/24 | - | - |
1CHF in Million2CHF
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
1,795
CHF
Average target price
1,950
CHF
Spread / Average Target
+8.64%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +11.84% | 1B | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
- Stock Market
- Equities
- ZUGN Stock
- Financials Zug Estates Holding AG
