Bâloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses.
6 star dividend payer with proven track record.
Share Price & News
How has Bâloise Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BALN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BALN underperformed the Swiss Insurance industry which returned -14% over the past year.
Return vs Market: BALN underperformed the Swiss Market which returned 2.6% over the past year.
Price Volatility Vs. Market
How volatile is Bâloise Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Much Did Bâloise Holding's(VTX:BALN) Shareholders Earn From Share Price Movements Over The Last Year?
1 month ago | Simply Wall StDeclining Stock and Decent Financials: Is The Market Wrong About Bâloise Holding AG (VTX:BALN)?
2 months ago | Simply Wall StHere's Why I Think Bâloise Holding (VTX:BALN) Might Deserve Your Attention Today
Is Bâloise Holding 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: BALN (CHF144.8) is trading below our estimate of fair value (CHF226.07)
Significantly Below Fair Value: BALN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BALN is poor value based on its PE Ratio (9.6x) compared to the CH Insurance industry average (9.5x).
PE vs Market: BALN is good value based on its PE Ratio (9.6x) compared to the Swiss market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: BALN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BALN is overvalued based on its PB Ratio (1x) compared to the CH Insurance industry average (0.8x).
How is Bâloise Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BALN's earnings are forecast to decline over the next 3 years (-2.1% per year).
Earnings vs Market: BALN's earnings are forecast to decline over the next 3 years (-2.1% per year).
High Growth Earnings: BALN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BALN's revenue is expected to decline over the next 3 years (-10.8% per year).
High Growth Revenue: BALN's revenue is forecast to decline over the next 3 years (-10.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BALN's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Bâloise Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BALN has high quality earnings.
Growing Profit Margin: BALN's current net profit margins (6.5%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: BALN's earnings have grown by 0.7% per year over the past 5 years.
Accelerating Growth: BALN's earnings growth over the past year (32.7%) exceeds its 5-year average (0.7% per year).
Earnings vs Industry: BALN earnings growth over the past year (32.7%) exceeded the Insurance industry 11.6%.
Return on Equity
High ROE: BALN's Return on Equity (10.3%) is considered low.
How is Bâloise Holding's financial position?
Financial Position Analysis
Short Term Liabilities: BALN's short term assets (CHF21.1B) exceed its short term liabilities (CHF10.1B).
Long Term Liabilities: BALN's short term assets (CHF21.1B) do not cover its long term liabilities (CHF70.2B).
Debt to Equity History and Analysis
Debt Level: BALN's debt to equity ratio (71%) is considered high.
Reducing Debt: BALN's debt to equity ratio has increased from 62.7% to 71% over the past 5 years.
Debt Coverage: BALN's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: BALN's interest payments on its debt are well covered by EBIT (14.6x coverage).
What is Bâloise Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BALN's dividend (4.42%) is higher than the bottom 25% of dividend payers in the Swiss market (1.81%).
High Dividend: BALN's dividend (4.42%) is in the top 25% of dividend payers in the Swiss market (3.81%)
Stability and Growth of Payments
Stable Dividend: BALN's dividends per share have been stable in the past 10 years.
Growing Dividend: BALN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.6%), BALN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BALN's dividends in 3 years are forecast to be covered by earnings (55.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gert Winter (54 yo)
Mr. Gert De Winter, M.Sc., has been Group Chief Executive Officer of Bâloise Holding AG since January 1, 2016. He studied applied economics at the University of Antwerp. From 1988 to 2004 he performed vari ...
CEO Compensation Analysis
Compensation vs Market: Gert's total compensation ($USD2.41M) is about average for companies of similar size in the Swiss market ($USD2.53M).
Compensation vs Earnings: Gert's compensation has been consistent with company performance over the past year.
|Group Chief Executive Officer||4.58yrs||CHF2.21m||0.066% |
|Head of Corporate Finance Division & CFO||3.25yrs||CHF1.16m||0.016% |
|Chief Information Technology Officer & CTO||1.5yrs||CHF1.43m||no data|
|Head of Corporate Division Switzerland & CEO of Basler Switzerland||no data||CHF1.67m||0.065% |
|Head of Corporate Division Asset Management||3.25yrs||CHF1.24m||0.062% |
|Head of Operations & IT - Switzerland||no data||no data||no data|
|Head of Group Accounting & Reporting||no data||no data||no data|
|Head of Corporate Communications & Investor Relations||no data||no data||no data|
|Head of Investor Relations||1.58yrs||no data||no data|
|Head of Group Compliance||no data||no data||no data|
|Head of Group Legal and Tax||6.58yrs||no data||no data|
|Head of Sales & Marketing||0.58yr||no data||no data|
Experienced Management: BALN's management team is considered experienced (3.3 years average tenure).
|Independent Non-Executive Director||1.33yrs||CHF122.32k||0.0038% |
|Independent Non-Executive Director||1.33yrs||CHF122.32k||0.0022% |
|Independent Vice-Chairman||2.33yrs||CHF295.00k||0.012% |
|Independent Non-Executive Director||8.33yrs||CHF254.48k||0.010% |
|Chairman of the Board||9.33yrs||CHF1.32m||0.13% |
|Independent Non-Executive Director||3.33yrs||CHF231.00k||0.0050% |
|Independent Non-Executive Director||4.33yrs||CHF175.00k||0.0044% |
|Independent Non-Executive Director||6.33yrs||CHF231.00k||0.023% |
|Independent Non-Executive Director||2.33yrs||CHF175.00k||0.0029% |
|Independent Non-Executive Director||4.33yrs||CHF214.34k||0.0044% |
Experienced Board: BALN's board of directors are considered experienced (3.8 years average tenure).
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.
Bâloise Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Bâloise Holding AG
- Ticker: BALN
- Exchange: SWX
- Founded: 1863
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CHF6.597b
- Shares outstanding: 45.56m
- Website: https://www.baloise.com
Number of Employees
- Bâloise Holding AG
- Aeschengraben 21
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BLHE.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Jan 1992|
|BALN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jan 1992|
|BLON||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jan 1992|
|0QQ3||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Jan 1992|
|BLHE.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
Bâloise Holding AG, together with its subsidiaries, primarily engages in the insurance and banking businesses. It operates through Non-Life, Life, Banking, and Other Activities segments. The company offers ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 21:46|
|End of Day Share Price||2020/08/11 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.