Cembra Money Bank AG

SWX:CMBN Stock Report

Market Cap: CHF 2.6b

Cembra Money Bank Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 CMBN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 111.22
Fair Value
19.2% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: CMBN (CHF89.9) is trading below our estimate of fair value (CHF111.22)

Significantly Below Fair Value: CMBN is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CMBN. This is calculated by dividing CMBN's market cap by their current earnings.
What is CMBN's PE Ratio?
PE Ratio16.3x
EarningsCHF 161.32m
Market CapCHF 2.62b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CMBN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.3x
VONN Vontobel Holding
16.8x17.0%CHF 3.6b
EFGN EFG International
13.7x5.6%CHF 4.2b
CFT Compagnie Financière Tradition
14.9xn/aCHF 1.6b
SQN Swissquote Group Holding
23.7x10.6%CHF 6.0b
CMBN Cembra Money Bank
16.3x9.8%CHF 2.6b

Price-To-Earnings vs Peers: CMBN is good value based on its Price-To-Earnings Ratio (16.3x) compared to the peer average (17.3x).

Price to Earnings Ratio vs Industry

How does CMBN's PE Ratio compare vs other companies in the European Consumer Finance Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CMBN 16.3xIndustry Avg. 9.5xNo. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CMBN is expensive based on its Price-To-Earnings Ratio (16.3x) compared to the European Consumer Finance industry average (9.5x).

Price to Earnings Ratio vs Fair Ratio

What is CMBN'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.

CMBN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.3x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: CMBN is good value based on its Price-To-Earnings Ratio (16.3x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).

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 CMBN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 89.90
CHF 75.50
-16.0%
2.0%CHF 77.00CHF 74.00n/a2
Jan ’26CHF 82.00
CHF 75.50
-7.9%
2.0%CHF 77.00CHF 74.00n/a2
Dec ’25CHF 81.10
CHF 75.50
-6.9%
2.0%CHF 77.00CHF 74.00n/a2
Nov ’25CHF 78.55
CHF 75.50
-3.9%
2.0%CHF 77.00CHF 74.00n/a2
Oct ’25CHF 77.80
CHF 75.50
-3.0%
2.0%CHF 77.00CHF 74.00n/a2
Sep ’25CHF 78.40
CHF 75.50
-3.7%
2.0%CHF 77.00CHF 74.00n/a2
Aug ’25CHF 76.75
CHF 75.50
-1.6%
2.0%CHF 77.00CHF 74.00n/a2
Jul ’25CHF 77.20
CHF 73.00
-5.4%
5.5%CHF 77.00CHF 69.00n/a2
Jun ’25CHF 73.10
CHF 73.00
-0.1%
5.5%CHF 77.00CHF 69.00n/a2
May ’25CHF 70.40
CHF 73.00
+3.7%
5.5%CHF 77.00CHF 69.00n/a2
Apr ’25CHF 75.50
CHF 73.00
-3.3%
5.5%CHF 77.00CHF 69.00n/a2
Mar ’25CHF 75.15
CHF 73.00
-2.9%
5.5%CHF 77.00CHF 69.00n/a2
Feb ’25CHF 66.55
CHF 71.50
+7.4%
3.5%CHF 74.00CHF 69.00CHF 89.902
Jan ’25CHF 65.60
CHF 71.50
+9.0%
3.5%CHF 74.00CHF 69.00CHF 82.002
Dec ’24CHF 64.75
CHF 73.00
+12.7%
1.4%CHF 74.00CHF 72.00CHF 81.102
Nov ’24CHF 63.10
CHF 73.00
+15.7%
1.4%CHF 74.00CHF 72.00CHF 78.552
Oct ’24CHF 62.30
CHF 73.00
+17.2%
1.4%CHF 74.00CHF 72.00CHF 77.802
Sep ’24CHF 64.00
CHF 73.00
+14.1%
1.4%CHF 74.00CHF 72.00CHF 78.402
Aug ’24CHF 66.00
CHF 78.67
+19.2%
10.2%CHF 90.00CHF 72.00CHF 76.753
Jul ’24CHF 74.20
CHF 82.00
+10.5%
9.8%CHF 93.00CHF 74.00CHF 77.203
Jun ’24CHF 68.20
CHF 82.00
+20.2%
9.8%CHF 93.00CHF 74.00CHF 73.103
May ’24CHF 71.45
CHF 82.00
+14.8%
9.8%CHF 93.00CHF 74.00CHF 70.403
Apr ’24CHF 71.85
CHF 82.00
+14.1%
9.8%CHF 93.00CHF 74.00CHF 75.503
Mar ’24CHF 76.90
CHF 79.00
+2.7%
12.7%CHF 93.00CHF 70.00CHF 75.153
Feb ’24CHF 80.90
CHF 77.67
-4.0%
13.1%CHF 92.00CHF 70.00CHF 66.553
Analyst Price Target
Consensus Narrative from 2 Analysts
CHF 75.50
Fair Value
19.1% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/05 22:51
End of Day Share Price 2025/02/05 00:00
Earnings2024/06/30
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.

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 Github.

Analyst Sources

Cembra Money Bank AG is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel BischofBaader Helvea Equity Research
Tarik El MejjadBofA Global Research
Daniel RegliCredit Suisse