Bâloise Holding (VTX:BALN) Is Paying Out A Larger Dividend Than Last Year
Apr 25
Swiss (SMI) Insurance Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies6
- 7D1.0%
- 3M1.3%
- 1Y5.4%
- YTD3.2%
The Insurance industry has stayed flat over the last week. The past year has been better, since the industry has gained 5.4% in that time. As for the next few years, earnings are expected to grow by 8.4% per annum.
Industry Valuation and Performance
Has the Swiss Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CHF125.4b | CHF141.4b | CHF8.7b | 16.4x | 14.5x | 0.9x |
| Sat, 23 Mar 2024 | CHF136.2b | CHF138.9b | CHF9.2b | 11.8x | 14.8x | 1x |
| Mon, 19 Feb 2024 | CHF126.3b | CHF123.9b | CHF9.7b | 11.2x | 13x | 1x |
| Wed, 17 Jan 2024 | CHF123.9b | CHF121.6b | CHF9.5b | 10.7x | 13x | 1x |
| Fri, 15 Dec 2023 | CHF122.9b | CHF121.8b | CHF9.6b | 10.5x | 12.9x | 1x |
| Sun, 12 Nov 2023 | CHF120.8b | CHF125.5b | CHF9.9b | 10.7x | 12.2x | 1x |
| Tue, 10 Oct 2023 | CHF119.1b | CHF124.9b | CHF8.6b | 11.4x | 13.9x | 1x |
| Thu, 07 Sep 2023 | CHF116.6b | CHF122.4b | CHF8.5b | 12.2x | 13.7x | 1x |
| Sat, 05 Aug 2023 | CHF116.5b | CHF116.7b | CHF7.9b | 11.7x | 14.8x | 1x |
| Mon, 03 Jul 2023 | CHF117.1b | CHF118.8b | CHF8.0b | 11.1x | 14.6x | 1x |
| Wed, 31 May 2023 | CHF119.9b | CHF119.7b | CHF8.1b | 12x | 14.8x | 1x |
| Fri, 28 Apr 2023 | CHF120.8b | CHF118.0b | CHF7.2b | 12.4x | 16.7x | 1x |
| Sun, 26 Mar 2023 | CHF117.7b | CHF120.8b | CHF7.4b | 11x | 15.9x | 1x |
| Tue, 21 Feb 2023 | CHF124.6b | CHF122.7b | CHF7.1b | 13.8x | 17.5x | 1x |
| Thu, 19 Jan 2023 | CHF122.5b | CHF127.1b | CHF7.1b | 12.8x | 17.3x | 1x |
| Sat, 17 Dec 2022 | CHF116.9b | CHF128.8b | CHF7.2b | 11.5x | 16.3x | 0.9x |
| Mon, 14 Nov 2022 | CHF114.1b | CHF130.3b | CHF7.9b | 12x | 14.5x | 0.9x |
| Wed, 12 Oct 2022 | CHF103.6b | CHF135.1b | CHF8.2b | 10.8x | 12.7x | 0.8x |
| Fri, 09 Sep 2022 | CHF114.3b | CHF134.2b | CHF8.1b | 11.7x | 14.2x | 0.9x |
| Sun, 07 Aug 2022 | CHF113.0b | CHF158.2b | CHF8.0b | 12.2x | 14.1x | 0.7x |
| Tue, 05 Jul 2022 | CHF113.2b | CHF158.1b | CHF8.3b | 12.2x | 13.7x | 0.7x |
| Thu, 02 Jun 2022 | CHF119.1b | CHF158.5b | CHF8.3b | 12.9x | 14.4x | 0.8x |
| Sat, 30 Apr 2022 | CHF123.1b | CHF159.8b | CHF8.9b | 13.4x | 13.8x | 0.8x |
| Mon, 28 Mar 2022 | CHF125.4b | CHF154.5b | CHF8.7b | 13.2x | 14.5x | 0.8x |
| Wed, 23 Feb 2022 | CHF123.2b | CHF153.5b | CHF8.3b | 13x | 14.8x | 0.8x |
| Fri, 21 Jan 2022 | CHF126.4b | CHF154.1b | CHF8.0b | 13.9x | 15.9x | 0.8x |
| Sun, 19 Dec 2021 | CHF114.9b | CHF154.8b | CHF8.0b | 12.4x | 14.4x | 0.7x |
| Tue, 16 Nov 2021 | CHF115.3b | CHF154.8b | CHF8.0b | 12.7x | 14.4x | 0.7x |
| Thu, 14 Oct 2021 | CHF108.5b | CHF155.3b | CHF8.0b | 12.2x | 13.5x | 0.7x |
| Sat, 11 Sep 2021 | CHF110.5b | CHF155.1b | CHF8.0b | 12.4x | 13.8x | 0.7x |
| Mon, 09 Aug 2021 | CHF110.7b | CHF153.1b | CHF7.7b | 13.1x | 14.3x | 0.7x |
| Sun, 02 May 2021 | CHF108.5b | CHF146.7b | CHF6.2b | 13.8x | 17.4x | 0.7x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are relatively neutral on the Swiss Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.7x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 11% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Swiss Financials industry?
| CH Market | 1.05% | |
| Financials | -0.65% | |
| Insurance | 0.99% | |
| Reinsurance | 2.76% | |
| Life and Health Insurance | 1.86% | |
| General Insurance | 0.15% | |
| Insurance Brokers | 0% | |
| Property and Casualty Insurance | 0% | |
Industry PE
- Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 13.6x.
- Analysts are expecting annual earnings growth of 9.7%, which is higher than its past year's earnings decline of 1.0% per year.
- Investors are most pessimistic about the Reinsurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.7x.
Forecasted Growth
- Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 9.7% over the next 5 years.
- This is better than its past earnings decline of 1.0% per year.
- In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 4.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SREN Swiss Re | CHF100.75 | 2.8% +CHF787.0m | 13.3% | PE10x | |
| SLHN Swiss Life Holding | CHF623.00 | 1.9% +CHF328.5m | 6.8% | PE16.6x | |
| ZURN Zurich Insurance Group | CHF446.30 | 0.1% +CHF86.4m | 4.7% | PE16.1x | |
| BALN Bâloise Holding | CHF140.80 | 0.6% +CHF36.3m | -4.1% | PE26.7x |
