Bellevue Group AG provides asset management services for private, corporate, and institutional clients in Switzerland and internationally.
Flawless balance sheet with high growth potential.
Share Price & News
How has Bellevue Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BBN has not had significant price volatility in the past 3 months.
7 Day Return
CH Capital Markets
1 Year Return
CH Capital Markets
Return vs Industry: BBN exceeded the Swiss Capital Markets industry which returned 10.1% over the past year.
Return vs Market: BBN exceeded the Swiss Market which returned 6.2% over the past year.
Price Volatility Vs. Market
How volatile is Bellevue Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBellevue Group AG (VTX:BBN) Looks Just Right
4 weeks ago | Simply Wall StHow Much Is Bellevue Group's (VTX:BBN) CEO Getting Paid?
1 month ago | Simply Wall StShareholders Of Bellevue Group (VTX:BBN) Must Be Happy With Their 146% Total Return
Is Bellevue Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BBN (CHF24.1) is trading below our estimate of fair value (CHF34.07)
Significantly Below Fair Value: BBN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BBN is poor value based on its PE Ratio (23.9x) compared to the CH Capital Markets industry average (15.3x).
PE vs Market: BBN is poor value based on its PE Ratio (23.9x) compared to the Swiss market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: BBN is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: BBN is overvalued based on its PB Ratio (2.2x) compared to the CH Capital Markets industry average (1.1x).
How is Bellevue Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BBN's forecast earnings growth (38.7% per year) is above the savings rate (-0.2%).
Earnings vs Market: BBN's earnings (38.7% per year) are forecast to grow faster than the Swiss market (9.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BBN's revenue (7.7% per year) is forecast to grow faster than the Swiss market (3.7% per year).
High Growth Revenue: BBN's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BBN's Return on Equity is forecast to be high in 3 years time (20.6%)
How has Bellevue Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BBN has a large one-off loss of CHF14.4M impacting its June 30 2020 financial results.
Growing Profit Margin: BBN's current net profit margins (12.6%) are lower than last year (27.9%).
Past Earnings Growth Analysis
Earnings Trend: BBN has become profitable over the past 5 years, growing earnings by 36.3% per year.
Accelerating Growth: BBN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BBN had negative earnings growth (-43.6%) over the past year, making it difficult to compare to the Capital Markets industry average (13%).
Return on Equity
High ROE: BBN's Return on Equity (9.2%) is considered low.
How is Bellevue Group's financial position?
Financial Position Analysis
Short Term Liabilities: BBN's short term assets (CHF78.3M) exceed its short term liabilities (CHF29.5M).
Long Term Liabilities: BBN's short term assets (CHF78.3M) exceed its long term liabilities (CHF23.1M).
Debt to Equity History and Analysis
Debt Level: BBN is debt free.
Reducing Debt: BBN has no debt compared to 5 years ago when its debt to equity ratio was 19.9%.
Debt Coverage: BBN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BBN has no debt, therefore coverage of interest payments is not a concern.
What is Bellevue Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BBN's dividend (5.19%) is higher than the bottom 25% of dividend payers in the Swiss market (1.77%).
High Dividend: BBN's dividend (5.19%) is in the top 25% of dividend payers in the Swiss market (3.74%)
Stability and Growth of Payments
Stable Dividend: BBN's dividend payments have been volatile in the past 10 years.
Growing Dividend: BBN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (124.1%), BBN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BBN's dividends in 3 years are forecast to be well covered by earnings (41.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
André Rüegg (52 yo)
Mr. André Rüegg has been Group Chief Executive Officer at Bellevue Group AG since January 1, 2016 and also serves as its Member of Management Board. Mr. Rüegg has been the Chief Executive Officer at Bellev ...
CEO Compensation Analysis
Compensation vs Market: André's total compensation ($USD2.16M) is above average for companies of similar size in the Swiss market ($USD1.02M).
Compensation vs Earnings: André's compensation has been consistent with company performance over the past year.
|Independent Director||1.42yrs||CHF174.10k||no data|
|Independent Chairman||1.42yrs||CHF293.00k||2.14% |
|Independent Director||13.58yrs||CHF189.82k||0.28% |
|Independent Director||1.42yrs||CHF152.50k||no data|
Experienced Board: BBN's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bellevue Group AG's company bio, employee growth, exchange listings and data sources
- Name: Bellevue Group AG
- Ticker: BBN
- Exchange: SWX
- Founded: 1993
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CHF322.733m
- Shares outstanding: 13.39m
- Website: https://www.bellevue.ch
Number of Employees
- Bellevue Group AG
- Seestrasse 16
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BBN||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Nov 1999|
|SJZN||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Nov 1999|
|0QLZ||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||CHF||Nov 1999|
Bellevue Group AG provides asset management services for private, corporate, and institutional clients in Switzerland and internationally. The company offers various services in the areas of specialized he ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 11:10|
|End of Day Share Price||2020/08/13 00:00|
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.