PSP Swiss Property

Swiss Office Oversupply And Regulatory Costs Will Undermine Valuation

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

02 Dec 24

Updated

01 May 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

10.1%

7D

-0.5%

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1Y

10.1%

7D

-0.5%

You can edit this narrative until May 12 6:02 AM. Then, changes will post as Updates.

Author's Valuation

CHF 141.70.3% undervalued

AnalystConsensusTarget Fair Value

Shared on 01 May 25

Fair value Increased 5.17%

Shared on 23 Apr 25

Fair value Increased 1.31%

AnalystConsensusTarget has increased revenue growth from 1.1% to 1.3%.

Shared on 17 Apr 25

Fair value Increased 1.10%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 1.62%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Increased 0.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 0.96%

AnalystConsensusTarget has increased revenue growth from 0.8% to 1.1%.

Shared on 12 Mar 25

Fair value Decreased 7.20%

AnalystConsensusTarget has decreased revenue growth from 1.4% to 0.8%, increased profit margin from 70.1% to 88.6%, decreased future PE multiple from 27.6x to 22.8x and increased discount rate from 6.3% to 6.9%.

AnalystConsensusTarget Fair Value

CHF 141.7

0.3% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

2.18%

Real Estate revenue growth rate

0.18%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.04%

Calculation

CHF 274.35m

Earnings '28

x

28.32x

PE Ratio '28

=

CHF 7.77b

Market Cap '28

CHF 7.77b

Market Cap '28

/

45.87m

No. shares '28

=

CHF 169.37

Share Price '28

CHF 169.37 Share Price '28

Discounted to 2025 @ 6.80% p.a.

=

CHF 139.02

Fair Value '25