Swiss Life Holding Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: SLHN (CHF658.4) is trading below our estimate of fair value (CHF708.18)

Significantly Below Fair Value: SLHN 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 SLHN?

Other financial metrics that can be useful for relative valuation.

SLHN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA19.3x
PEG Ratio4.2x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SLHN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.1x
SREN Swiss Re
9.9x5.5%CHF 32.5b
BALN Bâloise Holding
29.7x34.8%CHF 7.1b
HELN Helvetia Holding
23x14.2%CHF 6.4b
ZURN Zurich Insurance Group
17.7x9.2%CHF 69.1b
SLHN Swiss Life Holding
17.5x4.2%CHF 19.0b

Price-To-Earnings vs Peers: SLHN is good value based on its Price-To-Earnings Ratio (17.5x) compared to the peer average (20.1x).


Price to Earnings Ratio vs Industry

How does SLHN's PE Ratio compare vs other companies in the European Insurance Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: SLHN is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the European Insurance industry average (10.8x).


Price to Earnings Ratio vs Fair Ratio

What is SLHN'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.

SLHN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.5x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: SLHN is expensive based on its Price-To-Earnings Ratio (17.5x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).


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 SLHN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 658.40
CHF 630.13
-4.3%
6.8%CHF 693.00CHF 550.00n/a8
Jun ’25CHF 627.80
CHF 629.88
+0.3%
6.9%CHF 693.00CHF 550.00n/a8
May ’25CHF 621.00
CHF 628.50
+1.2%
6.7%CHF 690.00CHF 550.00n/a8
Apr ’25CHF 632.20
CHF 627.63
-0.7%
6.8%CHF 690.00CHF 550.00n/a8
Mar ’25CHF 644.20
CHF 623.94
-3.1%
6.9%CHF 690.00CHF 550.00n/a8
Feb ’25CHF 614.00
CHF 624.94
+1.8%
6.8%CHF 690.00CHF 550.00n/a9
Jan ’25CHF 584.00
CHF 604.48
+3.5%
5.0%CHF 653.00CHF 550.00n/a9
Dec ’24CHF 567.60
CHF 600.92
+5.9%
5.3%CHF 653.00CHF 550.00n/a9
Nov ’24CHF 583.80
CHF 599.46
+2.7%
8.5%CHF 653.00CHF 476.80n/a9
Oct ’24CHF 571.60
CHF 600.90
+5.1%
8.6%CHF 653.00CHF 476.80n/a9
Sep ’24CHF 555.80
CHF 594.01
+6.9%
8.4%CHF 653.00CHF 476.80n/a9
Aug ’24CHF 552.80
CHF 597.61
+8.1%
8.1%CHF 653.00CHF 476.80n/a10
Jul ’24CHF 523.00
CHF 593.68
+13.5%
7.9%CHF 633.00CHF 476.80n/a9
Jun ’24CHF 529.40
CHF 593.70
+12.1%
7.9%CHF 633.00CHF 477.00CHF 627.809
May ’24CHF 586.80
CHF 597.21
+1.8%
9.3%CHF 701.00CHF 477.00CHF 621.0010
Apr ’24CHF 563.20
CHF 589.01
+4.6%
7.5%CHF 630.00CHF 477.00CHF 632.2010
Mar ’24CHF 586.40
CHF 561.35
-4.3%
8.3%CHF 624.00CHF 477.00CHF 644.209
Feb ’24CHF 541.40
CHF 554.68
+2.5%
8.1%CHF 624.00CHF 477.00CHF 614.009
Jan ’24CHF 476.80
CHF 552.80
+15.9%
8.1%CHF 624.00CHF 477.00CHF 584.009
Dec ’23CHF 511.00
CHF 552.77
+8.2%
8.1%CHF 624.00CHF 476.80CHF 567.609
Nov ’23CHF 483.40
CHF 556.88
+15.2%
9.0%CHF 650.00CHF 476.80CHF 583.809
Oct ’23CHF 438.50
CHF 566.72
+29.2%
9.1%CHF 650.00CHF 476.80CHF 571.609
Sep ’23CHF 499.00
CHF 564.55
+13.1%
8.8%CHF 650.00CHF 476.80CHF 555.8010
Aug ’23CHF 502.80
CHF 554.74
+10.3%
7.9%CHF 635.00CHF 485.00CHF 552.809
Jul ’23CHF 463.90
CHF 583.34
+25.7%
8.8%CHF 659.00CHF 465.00CHF 523.009
Jun ’23CHF 541.40
CHF 594.90
+9.9%
8.7%CHF 659.00CHF 465.00CHF 529.409

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


Discover undervalued companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.