View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsValora Holding 과거 순이익 실적과거 기준 점검 1/6핵심 정보-37.25%순이익 성장률-40.57%주당순이익(EPS) 성장률Specialty Retail 산업 성장률14.25%매출 성장률-3.78%자기자본이익률1.03%순이익률0.35%최근 순이익 업데이트30 Jun 2022최근 과거 실적 업데이트공시 • Mar 06Valora Holding AG to Report First Half, 2022 Results on Jul 20, 2022Valora Holding AG announced that they will report first half, 2022 results on Jul 20, 2022Reported Earnings • Feb 25Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CHF1.88 (up from CHF1.55 loss in FY 2020). Revenue: CHF1.75b (up 3.1% from FY 2020). Net income: CHF8.26m (up CHF14.5m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 7.5%, compared to a 16% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.공시 • Feb 15Valora Holding AG to Report Fiscal Year 2021 Results on Feb 23, 2022Valora Holding AG announced that they will report fiscal year 2021 results on Feb 23, 2022Reported Earnings • Jul 23First half 2021 earnings released: CHF0.87 loss per share (vs CHF2.12 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: CHF814.1m (flat on 1H 2020). Net loss: CHF3.80m (loss narrowed 55% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 28Full year 2020 earnings released: CHF1.55 loss per share (vs CHF18.68 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF1.70b (down 16% from FY 2019). Net loss: CHF6.20m (down 108% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.분석 기사 • Nov 03Should You Use Valora Holding's (VTX:VALN) Statutory Earnings To Analyse It?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...모든 업데이트 보기Recent updates공시 • Dec 02SER Approves the Request of Valora to Delist the SharesOn November 30, 2022, SIX Exchange Regulation (“SER”) approved the request of Valora Holding AG to delist the Valora Shares. The last trading day for the Valora Shares and the date of the delisting will be determined after the final judgement in the cancellation proceedings according to article 137 of the Swiss Financial Market Infrastructure Act with regard to the remaining publicly held Valora Shares is available. The cancellation proceedings were initiated by the Offeror on 1 November 2022. Also on November 30, 2022, SER granted Valora several temporary exemptions from the obligations for maintaining its listing. The content and duration of the exemptions granted are contained in the following part of the decision by SER which has been reproduced verbatim. The exemptions come into force as of the release of this ad hoc announcement.공시 • Nov 02FEMSA Initiated Proceedings to Have the Remaining Free Float of Valora Shares CancelledWith the completion of the public tender offer by its wholly-owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., on October 7, 2022 Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") reached a holding of 97.77% of the share capital of Valora Holding AG ("Valora"; SIX: VALN). Through its wholly-owned subsidiary, FEMSA has since exceeded the threshold of 98% of the share capital and votes. As a result, on 1 November 2022 FEMSA, via its wholly-owned subsidiary, initiated proceedings before the competent court to have the remaining free float of Valora share cancelled. Upon completion of this process the remaining Valora shareholders will receive a cash settlement equivalent to the tender price of CHF 260.00 per share. Cancellation proceedings generally take five to six months. As FEMSA announced in the Offer Prospectus of July 26, 2022, Valora will now apply to SIX Swiss Exchange AG to have Valora shares delisted with effect from the date on which the cancellation ruling takes effect and to be released from certain information and publicity regulations set out in the Listing Rules for the period up to the date of the delisting.공시 • Oct 06Valora Holding AG(SWX:VALN) dropped from S&P Global BMI IndexValora Holding AG(SWX:VALN) dropped from S&P Global BMI Index공시 • Oct 02Impulsora de Marcas e Intangibles S.A. de C.V. completed the acquisition of Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others.Impulsora de Marcas e Intangibles S.A. de C.V. signed a binding agreement to acquire Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others for CHF 1.1 billion on July 4, 2022. Under terms of agreement, FEMSA will launch a public tender cash offer to acquire all of Valora’s publicly held registered shares for CHF 260.00 net per share in cash. The transaction is to be fully funded with FEMSA’s available cash on hand. FEMSA would assume Valora’s net debt of CHF 222 million. The transaction agreement sets forth the intention that, once the settlement of the offer has been completed, Valora will accelerate the development of European markets as the European retail affiliate within FEMSA’s Proximity Division. The registered office and headquarters of Valora will remain in Muttenz, Switzerland. The company will continue to operate under its current name and with concepts, formats and brands that are well established in accordance with the current management’s expansion and operating plans. FEMSA intends to have Valora apply with SIX Exchange Regulation for the delisting of the Valora shares in accordance with the Listing Rules. After the transaction, Valora will operate as the European retail affiliate within FEMSA’s Proximity Division. The new scale and opportunities offered by the transaction with FEMSA, as well as FEMSA’s willingness to continue implementing our successful growth strategy under existing management and employees, convinced Valora’s Group Executive Management to support FEMSA’s offer to become an integral part of the FEMSA Group. Valora’s Executive Management and leadership team will continue to drive the business and accelerate the European expansion. This represents an implied EV3 /2021 post-IFRS16 EBITDA4 multiple of 9.4x. FEMSA intends to initiate a squeeze-out procedure and delist the Valora shares from trading on SIX Swiss Exchange. The Valora Board of Directors has carefully reviewed the offer and, based on the reasons set out above and the fairness opinion of IFBC, unanimously recommends that shareholders accept the offer by FEMSA. Ernst Peter Ditsch, Valora’s largest individual shareholder owning a stake of approximately 17% supports the offer and is undertaking to tender all of his shares as part of this offer. The tender offer is subject to customary terms and regulatory approval including few conditions such as acceptance by 66.67% of all publicly held Valora shares (including the 16.91% shares already subject to an agreement to tender) for this type of transaction, whereby no competition objections are expected due to FEMSA’s lack of activities in the European market to date. Upon completion of the Offer and in accordance with the FEMSA, acquirer intends to initiate squeeze-out procedures and to delist the Valora shares from SIX Swiss Exchange. The tender offer prospectus is expected to be published on or about July 20, 2022. Planned offer period from August 5, 2022 to September 2, 2022. The main offer period is expected to commence on August 11, 2022, following the completion of a cooling-off period of ten trading days required under Swiss takeover law, and is scheduled to expire on September 9, 2022. Transaction is expected to be settled end of September or beginning of October 2022. As of September 12, 2022, the offer is expected to last until September 29, 2022. Credit Suisse is acting as exclusive financial advisor to FEMSA as well as offer manager for the public tender offer. The exclusive financial advisor to Valora is J.P. Morgan. IBFC acted as fairness opinion provider and Morrow Sodali acted as Information agent to Valora in transaction. Niederer Kraft Frey acted as Swiss counsel to FEMSA in the transaction advising on all Swiss legal aspects of the transaction. Globalscope Partners Limited acted as fairness opinion provider to Valora Holding AG in this transaction. Impulsora de Marcas e Intangibles S.A. de C.V. completed the acquisition of Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others on September 30, 2022.공시 • Jul 20Valora Holding Ag Provides Earnings Guidance for 2022Valora Holding AG provided earnings guidance for 2022. For the year the company estimated external sales (including the recent strategic initiatives) for full-year 2022 to be on a par with pre-COVID-19 levels and reconfirms its EBIT guidance of CHF 70 million +/- ~10% for the full year 2022 (excluding costs related to M&A and strategic projects).공시 • Jul 07+ 1 more updateFEMSA Intends for Valora to Apply for the Delisting of Its Shares with Six Exchange RegulationFomento Éconómico Mexicano, SAB de CV (“FEMSA”) and Valora Holding SA (SIX: VALN) announced a binding agreement under which FEMSA will make a public cash offer for the acquisition of all registered shares of Valora held on the stock exchange, at a price of CHF 260.00 net per share. The agreement stipulates that upon completion of the transaction, Valora will accelerate the development of European markets as the European retail subsidiary within the Proximity division of FEMSA. Valora's headquarters and headquarters will remain in Muttenz (BL). The company will continue to operate under its current name, with well-established concepts, brands and formats, in line with the expansion and operating plans defined by the current management. FEMSA intends to complement these plans with a unique range of skills and new initiatives developed in other markets. FEMSA intends for Valora to apply for the delisting of its shares with SIX Exchange Regulation, in accordance with the Listing Rules.Price Target Changed • Jul 06Price target increased to CHF234Up from CHF198, the current price target is an average from 3 analysts. New target price is 9.7% below last closing price of CHF259. The company is forecast to post earnings per share of CHF9.18 for next year compared to CHF1.88 last year.Major Estimate Revision • Jun 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CHF7.78 to CHF9.65. Revenue forecast unchanged at CHF1.89b. Net income forecast to grow 337% next year vs 8.7% growth forecast for Specialty Retail industry in Switzerland. Consensus price target of CHF194 unchanged from last update. Share price was steady at CHF166 over the past week.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Michael Kliger was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 05Upcoming dividend of CHF3.00 per shareEligible shareholders must have bought the stock before 12 April 2022. Payment date: 14 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.7%. Lower than top quartile of Swiss dividend payers (3.6%). Lower than average of industry peers (4.1%).공시 • Mar 06Valora Holding AG to Report First Half, 2022 Results on Jul 20, 2022Valora Holding AG announced that they will report first half, 2022 results on Jul 20, 2022Reported Earnings • Feb 25Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CHF1.88 (up from CHF1.55 loss in FY 2020). Revenue: CHF1.75b (up 3.1% from FY 2020). Net income: CHF8.26m (up CHF14.5m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 7.5%, compared to a 16% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.공시 • Feb 24+ 1 more updateValora Holding Ag Confirms Earnings Guidance for the Fiscal Year 2022Valora Holding AG confirmed earnings guidance for the fiscal year 2022. for the year, the company confirmed its guidance with EBIT of CHF 70 million.공시 • Feb 15Valora Holding AG to Report Fiscal Year 2021 Results on Feb 23, 2022Valora Holding AG announced that they will report fiscal year 2021 results on Feb 23, 2022분석 기사 • Jan 06Valora Holding (VTX:VALN) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Price Target Changed • Dec 23Price target decreased to CHF195Down from CHF213, the current price target is an average from 4 analysts. New target price is 27% above last closing price of CHF154. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CHF1.06 next year compared to a net loss per share of CHF1.55 last year.공시 • Sep 15Valora Holding AG (SWX : VALN) agreed to acquire Backfactory Gmbh from Harry Brot GmbH.Valora Holding AG (SWX : VALN) agreed to acquire Backfactory Gmbh from Harry Brot GmbH on September 14, 2021. The transaction is being financed with existing funds. The transaction is subject to the approval of the Bundeskartellamt. The takeover is expected to take place on November 1, 2021.Reported Earnings • Jul 23First half 2021 earnings released: CHF0.87 loss per share (vs CHF2.12 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: CHF814.1m (flat on 1H 2020). Net loss: CHF3.80m (loss narrowed 55% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.분석 기사 • Jul 23Valora Holding (VTX:VALN) May Have Issues Allocating Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Price Target Changed • Jul 20Price target decreased to CHF210Down from CHF228, the current price target is an average from 4 analysts. New target price is 19% above last closing price of CHF176. Stock is up 0.6% over the past year.분석 기사 • May 07At CHF191, Is It Time To Put Valora Holding AG (VTX:VALN) On Your Watch List?While Valora Holding AG ( VTX:VALN ) might not be the most widely known stock at the moment, it saw a double-digit...Executive Departure • Apr 01Director has left the companyOn the 31st of March, Suzanne Thoma's tenure as Director ended after less than a year in the role. As of December 2020, Suzanne personally held only 168.00 shares (CHF29k worth at the time). Suzanne is the only executive to leave the company over the last 12 months.분석 기사 • Mar 24Here's Why Shareholders Should Examine Valora Holding AG's (VTX:VALN) CEO Compensation Package More CloselyShareholders will probably not be too impressed with the underwhelming results at Valora Holding AG ( VTX:VALN...분석 기사 • Mar 17Does Valora Holding (VTX:VALN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analyst Estimate Surprise Post Earnings • Feb 28Revenue and earnings miss expectationsRevenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the next year, revenue is forecast to grow 5.2%, compared to a 7.9% growth forecast for the Specialty Retail industry in Switzerland.Reported Earnings • Feb 28Full year 2020 earnings released: CHF1.55 loss per share (vs CHF18.68 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF1.70b (down 16% from FY 2019). Net loss: CHF6.20m (down 108% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Price Target Changed • Feb 28Price target raised to CHF195Up from CHF173, the current price target is an average from 5 analysts. The new target price is 6.0% below the current share price of CHF208. As of last close, the stock is down 13% over the past year.Major Estimate Revision • Feb 26Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from CHF4.14 to CHF3.55. Revenue estimate was approximately flat at CHF1.80b. Net income is expected to shrink by 91% next year compared to 27% growth forecast for the Specialty Retail industry in Switzerland . The consensus price target increased from CHF173 to CHF180. Share price is up 13% to CHF208 over the past week.Is New 90 Day High Low • Feb 22New 90-day high: CHF188The company is up 6.0% from its price of CHF178 on 24 November 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF63.93 per share.분석 기사 • Feb 19If You Had Bought Valora Holding's (VTX:VALN) Shares Three Years Ago You Would Be Down 49%Many investors define successful investing as beating the market average over the long term. But its virtually certain...공시 • Feb 16+ 1 more updateValora Holding AG, Annual General Meeting, Mar 31, 2021Valora Holding AG, Annual General Meeting, Mar 31, 2021.Major Estimate Revision • Jan 07Analysts update estimatesThe company's losses in 2020 are expected to improve with analysts raising their consensus EPS forecasts from -CHF2.51 to -CHF2.26. Revenue estimate was approximately flat at CHF1.72b. The Specialty Retail industry in Switzerland is expected to see an average net income growth of 35% next year. The consensus price target was lowered from CHF173 to CHF168. Share price is down by 2.9% to CHF169 over the past week.Major Estimate Revision • Dec 12Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -CHF2.05 to -CHF2.51. Revenue estimate was approximately flat at CHF1.72b. The Specialty Retail industry in Switzerland is expected to see an average net income growth of 31% next year. The consensus price target was lowered from CHF184 to CHF173. Share price is down by 5.4% to CHF167 over the past week.Price Target Changed • Dec 11Price target lowered to CHF173Down from CHF193, the current price target is an average from 5 analysts. The new target price is close to the current share price of CHF167. As of last close, the stock is down 38% over the past year.Is New 90 Day High Low • Nov 28New 90-day high: CHF185The company is up 9.0% from its price of CHF170 on 28 August 2020. The Swiss market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF183 per share.공시 • Nov 18+ 2 more updatesValora Holding AG announced that it has received CHF 69.52 million in fundingOn November 17, 2020, Valora Holding AG (SWX:VALN) closed the transaction. The company has issued 440,000 registered shares at a price of CHF 158 per share for gross proceeds of CHF 69,520,000 from professional investors. The shares were issued at premium to par value of CHF 1 per share.분석 기사 • Nov 16The Returns At Valora Holding (VTX:VALN) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 15% share price gain to CHF158, the stock is trading at a trailing P/E ratio of 20.6x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 19x in the Specialty Retail industry in Europe. Total return to shareholders over the past three years is a loss of 44%.분석 기사 • Nov 03Should You Use Valora Holding's (VTX:VALN) Statutory Earnings To Analyse It?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...Is New 90 Day High Low • Oct 31New 90-day low: CHF131The company is down 13% from its price of CHF150 on 31 July 2020. The Swiss market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF200 per share.분석 기사 • Oct 21Valora Holding's(VTX:VALN) Share Price Is Down 52% Over The Past Three Years.In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...Is New 90 Day High Low • Oct 16New 90-day low: CHF149The company is down 16% from its price of CHF177 on 17 July 2020. The Swiss market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF200 per share.분석 기사 • Oct 07Is There Now An Opportunity In Valora Holding AG (VTX:VALN)?While Valora Holding AG (VTX:VALN) might not be the most widely known stock at the moment, it saw a double-digit share...분석 기사 • Sep 22Is Valora Holding (VTX:VALN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Sep 09Could The Valora Holding AG (VTX:VALN) Ownership Structure Tell Us Something Useful?Every investor in Valora Holding AG (VTX:VALN) should be aware of the most powerful shareholder groups. Institutions...분석 기사 • Aug 26What Did Valora Holding's (VTX:VALN) CEO Take Home Last Year?This article will reflect on the compensation paid to Michael Mueller who has served as CEO of Valora Holding AG...매출 및 비용 세부 내역Valora Holding가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SWX:VALN 매출, 비용 및 순이익 (CHF Millions)날짜매출순이익일반관리비연구개발비30 Jun 221,8797254031 Mar 221,8147244031 Dec 211,7508234030 Sep 211,7233225030 Jun 211,696-2215031 Mar 211,697-4219031 Dec 201,697-6223030 Jun 201,84138257031 Mar 201,93556270031 Dec 192,03074284030 Jun 192,06065379031 Mar 192,06863424031 Dec 182,07560469030 Sep 182,06357512030 Jun 182,05153555031 Mar 182,02753500031 Dec 172,00252444030 Sep 172,01457446030 Jun 172,02762449031 Mar 172,06160453031 Dec 162,09558458030 Sep 162,11054463030 Jun 162,125504670양질의 수익: VALN는 CHF5.7M 규모의 큰 일회성 이익이 있어 30th June, 2022까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: VALN는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: VALN의 수익은 지난 5년 동안 연평균 37.2% 감소했습니다.성장 가속화: VALN는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: VALN는 지난해 흑자전환하여 지난 해 수익 성장률을 Specialty Retail 업계(13%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: VALN의 자본 수익률(1%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/04/18 23:53종가2023/04/14 00:00수익2022/06/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Valora Holding AG는 8명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Gerhard SchwarzBaader Helvea Equity ResearchAnna PatriceBerenbergTrion ReidBerenberg5명의 분석가 더 보기
공시 • Mar 06Valora Holding AG to Report First Half, 2022 Results on Jul 20, 2022Valora Holding AG announced that they will report first half, 2022 results on Jul 20, 2022
Reported Earnings • Feb 25Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CHF1.88 (up from CHF1.55 loss in FY 2020). Revenue: CHF1.75b (up 3.1% from FY 2020). Net income: CHF8.26m (up CHF14.5m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 7.5%, compared to a 16% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
공시 • Feb 15Valora Holding AG to Report Fiscal Year 2021 Results on Feb 23, 2022Valora Holding AG announced that they will report fiscal year 2021 results on Feb 23, 2022
Reported Earnings • Jul 23First half 2021 earnings released: CHF0.87 loss per share (vs CHF2.12 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: CHF814.1m (flat on 1H 2020). Net loss: CHF3.80m (loss narrowed 55% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 28Full year 2020 earnings released: CHF1.55 loss per share (vs CHF18.68 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF1.70b (down 16% from FY 2019). Net loss: CHF6.20m (down 108% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
분석 기사 • Nov 03Should You Use Valora Holding's (VTX:VALN) Statutory Earnings To Analyse It?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
공시 • Dec 02SER Approves the Request of Valora to Delist the SharesOn November 30, 2022, SIX Exchange Regulation (“SER”) approved the request of Valora Holding AG to delist the Valora Shares. The last trading day for the Valora Shares and the date of the delisting will be determined after the final judgement in the cancellation proceedings according to article 137 of the Swiss Financial Market Infrastructure Act with regard to the remaining publicly held Valora Shares is available. The cancellation proceedings were initiated by the Offeror on 1 November 2022. Also on November 30, 2022, SER granted Valora several temporary exemptions from the obligations for maintaining its listing. The content and duration of the exemptions granted are contained in the following part of the decision by SER which has been reproduced verbatim. The exemptions come into force as of the release of this ad hoc announcement.
공시 • Nov 02FEMSA Initiated Proceedings to Have the Remaining Free Float of Valora Shares CancelledWith the completion of the public tender offer by its wholly-owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., on October 7, 2022 Fomento Económico Mexicano, S.A.B. de C.V. ("FEMSA") reached a holding of 97.77% of the share capital of Valora Holding AG ("Valora"; SIX: VALN). Through its wholly-owned subsidiary, FEMSA has since exceeded the threshold of 98% of the share capital and votes. As a result, on 1 November 2022 FEMSA, via its wholly-owned subsidiary, initiated proceedings before the competent court to have the remaining free float of Valora share cancelled. Upon completion of this process the remaining Valora shareholders will receive a cash settlement equivalent to the tender price of CHF 260.00 per share. Cancellation proceedings generally take five to six months. As FEMSA announced in the Offer Prospectus of July 26, 2022, Valora will now apply to SIX Swiss Exchange AG to have Valora shares delisted with effect from the date on which the cancellation ruling takes effect and to be released from certain information and publicity regulations set out in the Listing Rules for the period up to the date of the delisting.
공시 • Oct 06Valora Holding AG(SWX:VALN) dropped from S&P Global BMI IndexValora Holding AG(SWX:VALN) dropped from S&P Global BMI Index
공시 • Oct 02Impulsora de Marcas e Intangibles S.A. de C.V. completed the acquisition of Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others.Impulsora de Marcas e Intangibles S.A. de C.V. signed a binding agreement to acquire Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others for CHF 1.1 billion on July 4, 2022. Under terms of agreement, FEMSA will launch a public tender cash offer to acquire all of Valora’s publicly held registered shares for CHF 260.00 net per share in cash. The transaction is to be fully funded with FEMSA’s available cash on hand. FEMSA would assume Valora’s net debt of CHF 222 million. The transaction agreement sets forth the intention that, once the settlement of the offer has been completed, Valora will accelerate the development of European markets as the European retail affiliate within FEMSA’s Proximity Division. The registered office and headquarters of Valora will remain in Muttenz, Switzerland. The company will continue to operate under its current name and with concepts, formats and brands that are well established in accordance with the current management’s expansion and operating plans. FEMSA intends to have Valora apply with SIX Exchange Regulation for the delisting of the Valora shares in accordance with the Listing Rules. After the transaction, Valora will operate as the European retail affiliate within FEMSA’s Proximity Division. The new scale and opportunities offered by the transaction with FEMSA, as well as FEMSA’s willingness to continue implementing our successful growth strategy under existing management and employees, convinced Valora’s Group Executive Management to support FEMSA’s offer to become an integral part of the FEMSA Group. Valora’s Executive Management and leadership team will continue to drive the business and accelerate the European expansion. This represents an implied EV3 /2021 post-IFRS16 EBITDA4 multiple of 9.4x. FEMSA intends to initiate a squeeze-out procedure and delist the Valora shares from trading on SIX Swiss Exchange. The Valora Board of Directors has carefully reviewed the offer and, based on the reasons set out above and the fairness opinion of IFBC, unanimously recommends that shareholders accept the offer by FEMSA. Ernst Peter Ditsch, Valora’s largest individual shareholder owning a stake of approximately 17% supports the offer and is undertaking to tender all of his shares as part of this offer. The tender offer is subject to customary terms and regulatory approval including few conditions such as acceptance by 66.67% of all publicly held Valora shares (including the 16.91% shares already subject to an agreement to tender) for this type of transaction, whereby no competition objections are expected due to FEMSA’s lack of activities in the European market to date. Upon completion of the Offer and in accordance with the FEMSA, acquirer intends to initiate squeeze-out procedures and to delist the Valora shares from SIX Swiss Exchange. The tender offer prospectus is expected to be published on or about July 20, 2022. Planned offer period from August 5, 2022 to September 2, 2022. The main offer period is expected to commence on August 11, 2022, following the completion of a cooling-off period of ten trading days required under Swiss takeover law, and is scheduled to expire on September 9, 2022. Transaction is expected to be settled end of September or beginning of October 2022. As of September 12, 2022, the offer is expected to last until September 29, 2022. Credit Suisse is acting as exclusive financial advisor to FEMSA as well as offer manager for the public tender offer. The exclusive financial advisor to Valora is J.P. Morgan. IBFC acted as fairness opinion provider and Morrow Sodali acted as Information agent to Valora in transaction. Niederer Kraft Frey acted as Swiss counsel to FEMSA in the transaction advising on all Swiss legal aspects of the transaction. Globalscope Partners Limited acted as fairness opinion provider to Valora Holding AG in this transaction. Impulsora de Marcas e Intangibles S.A. de C.V. completed the acquisition of Valora Holding AG (SWX:VALN) from T. Rowe Price Associates, Inc., Dimensional Fund Advisors LP, Sand Grove Capital Management LLP and others on September 30, 2022.
공시 • Jul 20Valora Holding Ag Provides Earnings Guidance for 2022Valora Holding AG provided earnings guidance for 2022. For the year the company estimated external sales (including the recent strategic initiatives) for full-year 2022 to be on a par with pre-COVID-19 levels and reconfirms its EBIT guidance of CHF 70 million +/- ~10% for the full year 2022 (excluding costs related to M&A and strategic projects).
공시 • Jul 07+ 1 more updateFEMSA Intends for Valora to Apply for the Delisting of Its Shares with Six Exchange RegulationFomento Éconómico Mexicano, SAB de CV (“FEMSA”) and Valora Holding SA (SIX: VALN) announced a binding agreement under which FEMSA will make a public cash offer for the acquisition of all registered shares of Valora held on the stock exchange, at a price of CHF 260.00 net per share. The agreement stipulates that upon completion of the transaction, Valora will accelerate the development of European markets as the European retail subsidiary within the Proximity division of FEMSA. Valora's headquarters and headquarters will remain in Muttenz (BL). The company will continue to operate under its current name, with well-established concepts, brands and formats, in line with the expansion and operating plans defined by the current management. FEMSA intends to complement these plans with a unique range of skills and new initiatives developed in other markets. FEMSA intends for Valora to apply for the delisting of its shares with SIX Exchange Regulation, in accordance with the Listing Rules.
Price Target Changed • Jul 06Price target increased to CHF234Up from CHF198, the current price target is an average from 3 analysts. New target price is 9.7% below last closing price of CHF259. The company is forecast to post earnings per share of CHF9.18 for next year compared to CHF1.88 last year.
Major Estimate Revision • Jun 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CHF7.78 to CHF9.65. Revenue forecast unchanged at CHF1.89b. Net income forecast to grow 337% next year vs 8.7% growth forecast for Specialty Retail industry in Switzerland. Consensus price target of CHF194 unchanged from last update. Share price was steady at CHF166 over the past week.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Michael Kliger was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 05Upcoming dividend of CHF3.00 per shareEligible shareholders must have bought the stock before 12 April 2022. Payment date: 14 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.7%. Lower than top quartile of Swiss dividend payers (3.6%). Lower than average of industry peers (4.1%).
공시 • Mar 06Valora Holding AG to Report First Half, 2022 Results on Jul 20, 2022Valora Holding AG announced that they will report first half, 2022 results on Jul 20, 2022
Reported Earnings • Feb 25Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: CHF1.88 (up from CHF1.55 loss in FY 2020). Revenue: CHF1.75b (up 3.1% from FY 2020). Net income: CHF8.26m (up CHF14.5m from FY 2020). Profit margin: 0.5% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 7.5%, compared to a 16% growth forecast for the retail industry in Switzerland. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
공시 • Feb 24+ 1 more updateValora Holding Ag Confirms Earnings Guidance for the Fiscal Year 2022Valora Holding AG confirmed earnings guidance for the fiscal year 2022. for the year, the company confirmed its guidance with EBIT of CHF 70 million.
공시 • Feb 15Valora Holding AG to Report Fiscal Year 2021 Results on Feb 23, 2022Valora Holding AG announced that they will report fiscal year 2021 results on Feb 23, 2022
분석 기사 • Jan 06Valora Holding (VTX:VALN) Will Be Hoping To Turn Its Returns On Capital AroundIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Price Target Changed • Dec 23Price target decreased to CHF195Down from CHF213, the current price target is an average from 4 analysts. New target price is 27% above last closing price of CHF154. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of CHF1.06 next year compared to a net loss per share of CHF1.55 last year.
공시 • Sep 15Valora Holding AG (SWX : VALN) agreed to acquire Backfactory Gmbh from Harry Brot GmbH.Valora Holding AG (SWX : VALN) agreed to acquire Backfactory Gmbh from Harry Brot GmbH on September 14, 2021. The transaction is being financed with existing funds. The transaction is subject to the approval of the Bundeskartellamt. The takeover is expected to take place on November 1, 2021.
Reported Earnings • Jul 23First half 2021 earnings released: CHF0.87 loss per share (vs CHF2.12 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: CHF814.1m (flat on 1H 2020). Net loss: CHF3.80m (loss narrowed 55% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
분석 기사 • Jul 23Valora Holding (VTX:VALN) May Have Issues Allocating Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Price Target Changed • Jul 20Price target decreased to CHF210Down from CHF228, the current price target is an average from 4 analysts. New target price is 19% above last closing price of CHF176. Stock is up 0.6% over the past year.
분석 기사 • May 07At CHF191, Is It Time To Put Valora Holding AG (VTX:VALN) On Your Watch List?While Valora Holding AG ( VTX:VALN ) might not be the most widely known stock at the moment, it saw a double-digit...
Executive Departure • Apr 01Director has left the companyOn the 31st of March, Suzanne Thoma's tenure as Director ended after less than a year in the role. As of December 2020, Suzanne personally held only 168.00 shares (CHF29k worth at the time). Suzanne is the only executive to leave the company over the last 12 months.
분석 기사 • Mar 24Here's Why Shareholders Should Examine Valora Holding AG's (VTX:VALN) CEO Compensation Package More CloselyShareholders will probably not be too impressed with the underwhelming results at Valora Holding AG ( VTX:VALN...
분석 기사 • Mar 17Does Valora Holding (VTX:VALN) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyst Estimate Surprise Post Earnings • Feb 28Revenue and earnings miss expectationsRevenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the next year, revenue is forecast to grow 5.2%, compared to a 7.9% growth forecast for the Specialty Retail industry in Switzerland.
Reported Earnings • Feb 28Full year 2020 earnings released: CHF1.55 loss per share (vs CHF18.68 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CHF1.70b (down 16% from FY 2019). Net loss: CHF6.20m (down 108% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Price Target Changed • Feb 28Price target raised to CHF195Up from CHF173, the current price target is an average from 5 analysts. The new target price is 6.0% below the current share price of CHF208. As of last close, the stock is down 13% over the past year.
Major Estimate Revision • Feb 26Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate was lowered from CHF4.14 to CHF3.55. Revenue estimate was approximately flat at CHF1.80b. Net income is expected to shrink by 91% next year compared to 27% growth forecast for the Specialty Retail industry in Switzerland . The consensus price target increased from CHF173 to CHF180. Share price is up 13% to CHF208 over the past week.
Is New 90 Day High Low • Feb 22New 90-day high: CHF188The company is up 6.0% from its price of CHF178 on 24 November 2020. The Swiss market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF63.93 per share.
분석 기사 • Feb 19If You Had Bought Valora Holding's (VTX:VALN) Shares Three Years Ago You Would Be Down 49%Many investors define successful investing as beating the market average over the long term. But its virtually certain...
공시 • Feb 16+ 1 more updateValora Holding AG, Annual General Meeting, Mar 31, 2021Valora Holding AG, Annual General Meeting, Mar 31, 2021.
Major Estimate Revision • Jan 07Analysts update estimatesThe company's losses in 2020 are expected to improve with analysts raising their consensus EPS forecasts from -CHF2.51 to -CHF2.26. Revenue estimate was approximately flat at CHF1.72b. The Specialty Retail industry in Switzerland is expected to see an average net income growth of 35% next year. The consensus price target was lowered from CHF173 to CHF168. Share price is down by 2.9% to CHF169 over the past week.
Major Estimate Revision • Dec 12Analysts update estimatesThe company's losses in 2020 are expected to worsen with analysts lowering their consensus EPS forecasts from -CHF2.05 to -CHF2.51. Revenue estimate was approximately flat at CHF1.72b. The Specialty Retail industry in Switzerland is expected to see an average net income growth of 31% next year. The consensus price target was lowered from CHF184 to CHF173. Share price is down by 5.4% to CHF167 over the past week.
Price Target Changed • Dec 11Price target lowered to CHF173Down from CHF193, the current price target is an average from 5 analysts. The new target price is close to the current share price of CHF167. As of last close, the stock is down 38% over the past year.
Is New 90 Day High Low • Nov 28New 90-day high: CHF185The company is up 9.0% from its price of CHF170 on 28 August 2020. The Swiss market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF183 per share.
공시 • Nov 18+ 2 more updatesValora Holding AG announced that it has received CHF 69.52 million in fundingOn November 17, 2020, Valora Holding AG (SWX:VALN) closed the transaction. The company has issued 440,000 registered shares at a price of CHF 158 per share for gross proceeds of CHF 69,520,000 from professional investors. The shares were issued at premium to par value of CHF 1 per share.
분석 기사 • Nov 16The Returns At Valora Holding (VTX:VALN) Provide Us With Signs Of What's To ComeWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Nov 12Market bids up stock over the past weekAfter last week's 15% share price gain to CHF158, the stock is trading at a trailing P/E ratio of 20.6x, up from the previous P/E ratio of 17.9x. This compares to an average P/E of 19x in the Specialty Retail industry in Europe. Total return to shareholders over the past three years is a loss of 44%.
분석 기사 • Nov 03Should You Use Valora Holding's (VTX:VALN) Statutory Earnings To Analyse It?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
Is New 90 Day High Low • Oct 31New 90-day low: CHF131The company is down 13% from its price of CHF150 on 31 July 2020. The Swiss market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF200 per share.
분석 기사 • Oct 21Valora Holding's(VTX:VALN) Share Price Is Down 52% Over The Past Three Years.In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Is New 90 Day High Low • Oct 16New 90-day low: CHF149The company is down 16% from its price of CHF177 on 17 July 2020. The Swiss market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Specialty Retail industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CHF200 per share.
분석 기사 • Oct 07Is There Now An Opportunity In Valora Holding AG (VTX:VALN)?While Valora Holding AG (VTX:VALN) might not be the most widely known stock at the moment, it saw a double-digit share...
분석 기사 • Sep 22Is Valora Holding (VTX:VALN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Sep 09Could The Valora Holding AG (VTX:VALN) Ownership Structure Tell Us Something Useful?Every investor in Valora Holding AG (VTX:VALN) should be aware of the most powerful shareholder groups. Institutions...
분석 기사 • Aug 26What Did Valora Holding's (VTX:VALN) CEO Take Home Last Year?This article will reflect on the compensation paid to Michael Mueller who has served as CEO of Valora Holding AG...