Helvetia Holding AG, through its subsidiaries, provides life and non-life insurance, and reinsurance products in Switzerland, Germany, Austria, Spain, Italy, France, and internationally. More Details
6 star dividend payer and undervalued.
Share Price & News
How has Helvetia Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HELN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HELN underperformed the Swiss Insurance industry which returned -26.6% over the past year.
Return vs Market: HELN underperformed the Swiss Market which returned 2.3% over the past year.
Price Volatility Vs. Market
How volatile is Helvetia 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 Many Helvetia Holding AG (VTX:HELN) Shares Do Institutions Own?
1 month ago | Simply Wall StA Piece Of The Puzzle Missing From Helvetia Holding AG's (VTX:HELN) Share Price
1 month ago | Simply Wall StHelvetia Holding AG (VTX:HELN) Vies For A Place In Your Dividend Portfolio: Here's Why
Is Helvetia 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: HELN (CHF80.1) is trading below our estimate of fair value (CHF177.65)
Significantly Below Fair Value: HELN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HELN is poor value based on its PE Ratio (14x) compared to the CH Insurance industry average (12.6x).
PE vs Market: HELN is good value based on its PE Ratio (14x) compared to the Swiss market (22x).
Price to Earnings Growth Ratio
PEG Ratio: HELN is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: HELN is good value based on its PB Ratio (0.4x) compared to the CH Insurance industry average (0.7x).
How is Helvetia Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HELN's forecast earnings growth (39.3% per year) is above the savings rate (-0.2%).
Earnings vs Market: HELN's earnings (39.3% per year) are forecast to grow faster than the Swiss market (11.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HELN's revenue (9.3% per year) is forecast to grow faster than the Swiss market (4.6% per year).
High Growth Revenue: HELN's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HELN's Return on Equity is forecast to be low in 3 years time (10.5%).
How has Helvetia Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HELN has high quality earnings.
Growing Profit Margin: HELN's current net profit margins (2.3%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: HELN's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: HELN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HELN had negative earnings growth (-55.7%) over the past year, making it difficult to compare to the Insurance industry average (-17.1%).
Return on Equity
High ROE: HELN's Return on Equity (3.4%) is considered low.
How is Helvetia Holding's financial position?
Financial Position Analysis
Short Term Liabilities: HELN's short term assets (CHF6.3B) do not cover its short term liabilities (CHF9.0B).
Long Term Liabilities: HELN's short term assets (CHF6.3B) do not cover its long term liabilities (CHF52.9B).
Debt to Equity History and Analysis
Debt Level: HELN's debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: HELN's debt to equity ratio has increased from 17.4% to 34.7% over the past 5 years.
Debt Coverage: HELN's debt is well covered by operating cash flow (65.9%).
Interest Coverage: HELN's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Helvetia Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HELN's dividend (6.24%) is higher than the bottom 25% of dividend payers in the Swiss market (1.88%).
High Dividend: HELN's dividend (6.24%) is in the top 25% of dividend payers in the Swiss market (3.69%)
Stability and Growth of Payments
Stable Dividend: HELN's dividends per share have been stable in the past 10 years.
Growing Dividend: HELN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (87.6%), HELN's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HELN's dividends in 3 years are forecast to be covered by earnings (55.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philipp Gmür (57 yo)
Mr. Philipp Gmür serves as Chief Executive Officer of Helvetia Schweizerische Versicherungsgesellschaft AG. He is a Director of Allreal Holding AG since April 12, 2019. He serves as Chief Executive Officer ...
CEO Compensation Analysis
Compensation vs Market: Philipp's total compensation ($USD2.50M) is about average for companies of similar size in the Swiss market ($USD1.94M).
Compensation vs Earnings: Philipp's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||4.08yrs||CHF2.27m||0.040% |
|Head of Finance & Group CFO||no data||no data||no data|
|Chief Investment Officer||1.5yrs||no data||no data|
|Head of IT & Group CTO||3.5yrs||no data||0.0019% |
|Head of Investor Relations||no data||no data||no data|
|Head of Corporate Communications & PR||no data||no data||no data|
|Head of Corporate Development||no data||no data||no data|
|Chief Executive Officer of Europe||5.75yrs||no data||0.0093% |
|Chief Executive Officer of Specialty Markets||5.75yrs||no data||0.0067% |
|Head Strategy and M & A||no data||no data||no data|
|Head of Corporate Center||1.75yrs||no data||no data|
|Head of Active Reinsurance||no data||no data||no data|
Experienced Management: HELN's management team is considered experienced (3.8 years average tenure).
|Non Executive Independent Director||6yrs||CHF227.53k||0.0085% |
|Non Executive Independent Director||14.08yrs||CHF227.53k||0.0081% |
|Non Executive Vice Chairman||2.5yrs||CHF260.34k||0.0012% |
|Non Executive Independent Vice-Chairman of the Board||5.75yrs||CHF294.87k||0.0048% |
|Non Executive Independent Director||3.5yrs||CHF241.35k||0.0024% |
|Non Executive Independent Director||6yrs||CHF248.25k||0.0056% |
|Non Executive Independent Chairwoman of the Board||2.83yrs||CHF724.75k||0.018% |
|Non Executive Independent Director||2.5yrs||CHF213.72k||0.0024% |
|Non Executive Director||9.42yrs||CHF144.66k||0.0037% |
|Non Executive Independent Director||2.5yrs||CHF213.72k||0.0013% |
Experienced Board: HELN's board of directors are considered experienced (4.6 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 been diluted in the past year, with total shares outstanding growing by 6.7%.
Helvetia Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Helvetia Holding AG
- Ticker: HELN
- Exchange: SWX
- Founded: 1858
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CHF4.184b
- Shares outstanding: 52.76m
- Website: https://www.helvetia.com
Number of Employees
- Helvetia Holding AG
- Dufourstrasse 40
- Sankt Gallen
- St. Gallen
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HELN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jul 1996|
|HVXA||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jul 1996|
|HLVT.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Aug 2017|
Helvetia Holding AG, through its subsidiaries, provides life and non-life insurance, and reinsurance products in Switzerland, Germany, Austria, Spain, Italy, France, and internationally. It offers life ins ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 21:52|
|End of Day Share Price||2020/10/20 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.