| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 6/6 |
SLHN Stock Overview
Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients.
Swiss Life Holding Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CHF576.20 |
| 52 Week High | CHF612.00 |
| 52 Week Low | CHF402.50 |
| Beta | 1.21 |
| 1 Month Change | 3.48% |
| 3 Month Change | 17.95% |
| 1 Year Change | 35.23% |
| 3 Year Change | 39.75% |
| 5 Year Change | 91.56% |
| Change since IPO | -2.17% |
Recent News & Updates
Should Swiss Life Holding AG (VTX:SLHN) Be Part Of Your Dividend Portfolio?
Dividend paying stocks like Swiss Life Holding AG ( VTX:SLHN ) tend to be popular with investors, and for good reason...
Shareholder Returns
| SLHN | CH Insurance | CH Market | |
|---|---|---|---|
| 7D | -5.1% | -1.0% | -1.3% |
| 1Y | 35.2% | 18.9% | 12.8% |
Return vs Industry: SLHN exceeded the Swiss Insurance industry which returned 18.9% over the past year.
Return vs Market: SLHN exceeded the Swiss Market which returned 12.8% over the past year.
Price Volatility
| SLHN volatility | |
|---|---|
| SLHN Average Weekly Movement | 2.6% |
| Insurance Industry Average Movement | 2.4% |
| Market Average Movement | 3.9% |
| 10% most volatile stocks in CH Market | 6.9% |
| 10% least volatile stocks in CH Market | 2.0% |
Stable Share Price: SLHN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SLHN's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1857 | 9,574 | Patrick Frost | https://www.swisslife.com |
Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, and Asset Managers segments. The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.
Swiss Life Holding Fundamentals Summary
| SLHN fundamental statistics | |
|---|---|
| Market Cap | CHF18.04b |
| Earnings (TTM) | CHF1.13b |
| Revenue (TTM) | CHF21.12b |
16.0x
P/E Ratio0.9x
P/S RatioIs SLHN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SLHN income statement (TTM) | |
|---|---|
| Revenue | CHF21.12b |
| Cost of Revenue | CHF16.99b |
| Gross Profit | CHF4.13b |
| Expenses | CHF3.00b |
| Earnings | CHF1.13b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Mar 01, 2022
| Earnings per share (EPS) | 35.96 |
| Gross Margin | 19.54% |
| Net Profit Margin | 5.33% |
| Debt/Equity Ratio | 29.6% |
How did SLHN perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield59%
Payout RatioValuation
Is Swiss Life Holding undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SLHN (CHF576.2) is trading below our estimate of fair value (CHF1451.34)
Significantly Below Fair Value: SLHN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SLHN is poor value based on its PE Ratio (16x) compared to the Swiss Insurance industry average (13.7x).
PE vs Market: SLHN is good value based on its PE Ratio (16x) compared to the Swiss market (20.3x).
Price to Earnings Growth Ratio
PEG Ratio: SLHN is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: SLHN's PB Ratio (1.1x) is in line with the CH Insurance industry average.
Future Growth
How is Swiss Life Holding forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
3.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SLHN's forecast earnings growth (3.9% per year) is above the savings rate (-0.3%).
Earnings vs Market: SLHN's earnings (3.9% per year) are forecast to grow slower than the Swiss market (6.8% per year).
High Growth Earnings: SLHN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SLHN's revenue (5.1% per year) is forecast to grow faster than the Swiss market (4.9% per year).
High Growth Revenue: SLHN's revenue (5.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SLHN's Return on Equity is forecast to be low in 3 years time (9.9%).
Past Performance
How has Swiss Life Holding performed over the past 5 years?
4.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SLHN has high quality earnings.
Growing Profit Margin: SLHN's current net profit margins (5.3%) are higher than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: SLHN's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: SLHN's earnings growth over the past year (0.8%) is below its 5-year average (4.7% per year).
Earnings vs Industry: SLHN earnings growth over the past year (0.8%) underperformed the Insurance industry 17.2%.
Return on Equity
High ROE: SLHN's Return on Equity (6.9%) is considered low.
Financial Health
How is Swiss Life Holding's financial position?
Financial Position Analysis
Short Term Liabilities: SLHN's short term assets (CHF66.2B) exceed its short term liabilities (CHF7.9B).
Long Term Liabilities: SLHN's short term assets (CHF66.2B) do not cover its long term liabilities (CHF215.9B).
Debt to Equity History and Analysis
Debt Level: SLHN has more cash than its total debt.
Reducing Debt: SLHN's debt to equity ratio has reduced from 41.3% to 29.6% over the past 5 years.
Debt Coverage: SLHN's debt is well covered by operating cash flow (22.9%).
Interest Coverage: SLHN's interest payments on its debt are well covered by EBIT (6.6x coverage).
Balance Sheet
Dividend
What is Swiss Life Holding current dividend yield, its reliability and sustainability?
3.64%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SLHN's dividend (3.64%) is higher than the bottom 25% of dividend payers in the Swiss market (1.42%).
High Dividend: SLHN's dividend (3.64%) is in the top 25% of dividend payers in the Swiss market (3.63%)
Stability and Growth of Payments
Stable Dividend: SLHN's dividends per share have been stable in the past 10 years.
Growing Dividend: SLHN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.6%), SLHN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SLHN's dividends in 3 years are forecast to be covered by earnings (59.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
Patrick Frost (53 yo)
15.5yrs
Tenure
CHF3,880,444
Compensation
Dr. Patrick Frost serves as Independent Non Executive Director at Roche Holding AG since March 17, 2020. Dr. Frost has been Chief Executive Officer of Swiss Life Holding AG and Swiss Life Group since July...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD4.25M) is about average for companies of similar size in the Swiss market ($USD5.49M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SLHN's management team is seasoned and experienced (7 years average tenure).
Board Members
Experienced Board: SLHN's board of directors are considered experienced (8.8 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Top Shareholders
Company Information
Swiss Life Holding AG's employee growth, exchange listings and data sources
Key Information
- Name: Swiss Life Holding AG
- Ticker: SLHN
- Exchange: SWX
- Founded: 1857
- Industry: Life and Health Insurance
- Sector: Insurance
- Implied Market Cap: CHF18.040b
- Shares outstanding: 31.31m
- Website: https://www.swisslife.com
Number of Employees
Location
- Swiss Life Holding AG
- General-Guisan-Quai 40
- PO Box 2831
- Zurich
- Zurich
- 8022
- Switzerland
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 18:02 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.