Block, Inc.

BRSE:SQ3 Stock Report

Market Cap: CHF 49.1b

Block Valuation

Is SQ3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SQ3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SQ3 (CHF77.49) is trading below our estimate of fair value (CHF100.59)

Significantly Below Fair Value: SQ3 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SQ3?

Key metric: As SQ3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SQ3. This is calculated by dividing SQ3's market cap by their current earnings.
What is SQ3's PE Ratio?
PE Ratio51.1x
EarningsUS$1.05b
Market CapUS$53.77b

Price to Earnings Ratio vs Peers

How does SQ3's PE Ratio compare to its peers?

The above table shows the PE ratio for SQ3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.4x
UBSG UBS Group
21.4x25.5%CHF 88.3b
PGHN Partners Group Holding
33.4x14.5%CHF 32.1b
BAER Julius Bär Gruppe
32.1x22.4%CHF 12.0b
ADYEN Adyen
54.4x19.8%€45.0b
SQ3 Block
51.1x23.9%CHF 53.8b

Price-To-Earnings vs Peers: SQ3 is expensive based on its Price-To-Earnings Ratio (51.1x) compared to the peer average (35.4x).

Price to Earnings Ratio vs Industry

How does SQ3's PE Ratio compare vs other companies in the European Diversified Financial Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
SQ3 51.1xIndustry Avg. 11.2xNo. of Companies13PE01020304050+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SQ3 is expensive based on its Price-To-Earnings Ratio (51.1x) compared to the European Diversified Financial industry average (11.2x).

Price to Earnings Ratio vs Fair Ratio

What is SQ3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SQ3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio51.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SQ3's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SQ3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
CHF 87.61
0%
18.5%CHF 112.78CHF 36.09n/a41
Dec ’25CHF 78.84
CHF 81.57
+3.5%
17.3%CHF 105.66CHF 35.22n/a41
Nov ’25n/a
CHF 74.90
0%
15.2%CHF 86.49CHF 34.60n/a41
Oct ’25CHF 56.56
CHF 74.26
+31.3%
14.5%CHF 84.91CHF 33.96n/a40
Sep ’25CHF 55.30
CHF 74.33
+34.4%
14.1%CHF 84.16CHF 33.66n/a38
Aug ’25n/a
CHF 78.99
0%
13.9%CHF 92.60CHF 34.94n/a39
Jul ’25n/a
CHF 81.91
0%
13.5%CHF 95.72CHF 36.12n/a39
Jun ’25CHF 59.73
CHF 82.27
+37.7%
13.1%CHF 95.64CHF 36.09n/a40
May ’25CHF 68.11
CHF 82.91
+21.7%
13.5%CHF 100.28CHF 36.47n/a43
Apr ’25n/a
CHF 81.41
0%
13.5%CHF 99.50CHF 36.18n/a42
Mar ’25CHF 65.88
CHF 79.21
+20.2%
13.2%CHF 97.16CHF 35.33n/a44
Feb ’25CHF 55.79
CHF 69.61
+24.8%
17.4%CHF 86.17CHF 34.47n/a42
Jan ’25n/a
CHF 65.40
0%
19.0%CHF 85.55CHF 34.22n/a41
Dec ’24n/a
CHF 62.76
0%
19.5%CHF 86.94CHF 34.77CHF 78.8443
Nov ’24n/a
CHF 66.16
0%
22.4%CHF 99.17CHF 31.56n/a43
Oct ’24n/a
CHF 74.30
0%
17.3%CHF 100.69CHF 32.04CHF 56.5639
Sep ’24n/a
CHF 74.50
0%
16.1%CHF 96.86CHF 30.80CHF 55.3039
Aug ’24n/a
CHF 74.50
0%
20.2%CHF 127.80CHF 30.41n/a40
Jul ’24n/a
CHF 75.61
0%
21.1%CHF 131.85CHF 31.37n/a39
Jun ’24n/a
CHF 78.13
0%
20.8%CHF 133.20CHF 31.70CHF 59.7339
May ’24n/a
CHF 83.39
0%
14.9%CHF 134.43CHF 62.73CHF 68.1138
Apr ’24n/a
CHF 86.07
0%
14.2%CHF 137.22CHF 64.03n/a39
Mar ’24n/a
CHF 89.32
0%
15.2%CHF 141.27CHF 65.93CHF 65.8840
Feb ’24n/a
CHF 81.83
0%
20.1%CHF 137.71CHF 46.82CHF 55.7940
Jan ’24n/a
CHF 84.73
0%
28.7%CHF 194.61CHF 47.26n/a42

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 10:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Block, Inc. is covered by 76 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Oliver LesterArete Research Services LLP
Stephen BiggarArgus Research Company
null nullArgus Research Company