BRSE:BVHN

Stock Analysis Report

Executive Summary

BV Holding AG is a private equity firm specializing in management buyouts and buyins; succession financing; change in shareholder structure; growth, expansion, and acquisition; innovation; growth financing including early and late stage investments; and restructuring.

Rewards


Snowflake Analysis

Share Price & News

How has BV Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BVHN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.9%

BVHN

-9.7%

CH Capital Markets

-6.1%

CH Market


1 Year Return

13.3%

BVHN

-2.3%

CH Capital Markets

9.9%

CH Market

Return vs Industry: BVHN exceeded the Swiss Capital Markets industry which returned -2.3% over the past year.

Return vs Market: BVHN exceeded the Swiss Market which returned 9.9% over the past year.


Shareholder returns

BVHNIndustryMarket
7 Day-2.9%-9.7%-6.1%
30 Day2.0%-4.1%-1.8%
90 Day10.9%-4.7%0.04%
1 Year13.3%13.3%1.5%-2.3%15.2%9.9%
3 Year45.5%45.5%-11.1%-21.0%31.7%15.6%
5 Year93.2%22.9%-15.6%-31.8%37.0%15.7%

Price Volatility Vs. Market

How volatile is BV Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BV Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BVHN (CHF10.2) is trading below our estimate of fair value (CHF26.85)

Significantly Below Fair Value: BVHN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BVHN is good value based on its PE Ratio (5.9x) compared to the Capital Markets industry average (20.4x).

PE vs Market: BVHN is good value based on its PE Ratio (5.9x) compared to the Swiss market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BVHN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BVHN is good value based on its PB Ratio (1x) compared to the CH Capital Markets industry average (1x).

Future Growth

How is BV Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BV Holding has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has BV Holding performed over the past 5 years?

-8.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BVHN has high quality earnings.

Growing Profit Margin: BVHN's current net profit margins (94.5%) are higher than last year (84.3%).


Past Earnings Growth Analysis

Earnings Trend: BVHN's earnings have declined by -8.8% per year over the past 5 years.

Accelerating Growth: BVHN's earnings growth over the past year (211.6%) exceeds its 5-year average (-8.8% per year).

Earnings vs Industry: BVHN earnings growth over the past year (211.6%) exceeded the Capital Markets industry -3.4%.


Return on Equity

High ROE: BVHN's Return on Equity (16%) is considered low.

Financial Health

How is BV Holding's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: BVHN has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BVHN's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: BVHN's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if BVHN has a sufficient allowance for bad loans.

Low Risk Liabilities: BVHN reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if BVHN has an acceptable proportion of non-loan assets held.

Low Risk Deposits: BVHN has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if BVHN has an appropriate level of bad loans.

Dividend

What is BV Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BVHN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BVHN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BVHN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BVHN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BVHN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BVHN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.

Management

How experienced are the management team and are they aligned to shareholders interests?

15.6yrs

Average board tenure


CEO

Patrick Schär (42yo)

9.4yrs

Tenure

CHF305,865

Compensation

Mr. Patrick Schär has been the Chief Executive Officer of BV Holding AG since September 1, 2010 and has been its Chief Financial Officer and Member of Management Board since 2004. Mr. Schär is a Director o ...


CEO Compensation Analysis

Compensation vs Market: Patrick's total compensation ($USD313.20K) is below average for companies of similar size in the Swiss market ($USD703.80K).

Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
h. c. Michel
Vice Chairman19.1yrsCHF62.76kno data
Rubino Mordasini
Director18.1yrsCHF68.52kno data
Thomas Plattner
Director13.1yrsCHF68.52kno data
Ernst Balmer
Chairman12.1yrsCHF96.65kno data

15.6yrs

Average Tenure

72.5yo

Average Age

Experienced Board: BVHN's board of directors are seasoned and experienced ( 15.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BV Holding AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BV Holding AG
  • Ticker: BVHN
  • Exchange: BRSE
  • Founded: 1997
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: CHF106.804m
  • Shares outstanding: 10.47m
  • Website: https://www.bvgroup.ch/en/

Number of Employees


Location

  • BV Holding AG
  • Vordere Dorfgasse 12
  • Gümligen
  • Bern
  • 3073
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BVHNBRSE (Berne Stock Exchange)YesRegistered SharesCHCHFApr 2007

Biography

BV Holding AG is a private equity firm specializing in management buyouts and buyins; succession financing; change in shareholder structure; growth, expansion, and acquisition; innovation; growth financing including early and late stage investments; and restructuring. Within growth financing the firm seeks to invest in media technology, life science, Information Technology, telecommunication technology, industry material and process technology. It seeks to invest in companies based in Switzerland. The firm typically invests between CHF 3 million ($3.2 million) and CHF 20 million ($21.3 million) in companies having revenues between CHF 10 million ($10.65 million) and CHF 150 million ($159.78 million). It seeks to be a lead and co-investor in management buyouts and buy-ins and considers both majority and minority investments. The firm makes investments from its balance sheet. It also prefers to have a representation on the board of directors of the portfolio companies. The firm exits its late and early stage investments between three and seven years. BV Holding AG was founded in 1997 and is based in Gümligen, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 20:34
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.