Talanx AG

SWX:TLX Stock Report

Market Cap: CHF 24.1b

Talanx Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of TLX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: TLX (CHF92.85) is trading below our estimate of future cash flow value (CHF302.68)

Significantly Below Future Cash Flow Value: TLX is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TLX. This is calculated by dividing TLX's market cap by their current earnings.
What is TLX's PE Ratio?
PE Ratio9.9x
Earnings€2.65b
Market Cap€26.11b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TLX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
HBAN Helvetia Baloise Holding
37.1x29.64%CHF 20.2b
ZURN Zurich Insurance Group
15.5x6.52%CHF 84.2b
VAHN Vaudoise Assurances Holding
14.6xn/aCHF 2.3b
SLHN Swiss Life Holding
19.5x5.78%CHF 23.9b
TLX Talanx
9.9x-0.43%CHF 26.1b

Price-To-Earnings vs Peers: TLX is good value based on its Price-To-Earnings Ratio (9.9x) compared to the peer average (21.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TLX 9.9xIndustry Avg. 13.0xNo. of Companies12PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TLX is good value based on its Price-To-Earnings Ratio (9.9x) compared to the European Insurance industry average (12.7x).

Price to Earnings Ratio vs Fair Ratio

What is TLX'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.

TLX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TLX's Price-To-Earnings Fair Ratio for valuation analysis.

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 TLX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 92.85
CHF 108.99
+17.38%
14.62%CHF 130.60CHF 82.20n/a6
Jun ’27CHF 95.80
CHF 108.99
+13.77%
14.62%CHF 130.60CHF 82.20n/a6
May ’27CHF 106.10
CHF 109.45
+3.16%
15.17%CHF 132.08CHF 83.13n/a6
Apr ’27CHF 96.60
CHF 108.66
+12.48%
15.17%CHF 131.12CHF 82.52n/a6
Mar ’27CHF 97.75
CHF 106.78
+9.24%
17.51%CHF 130.51CHF 77.58n/a5
Feb ’27n/a
CHF 100.99
0%
21.92%CHF 131.09CHF 69.67n/a6
Jan ’27n/a
CHF 102.93
0%
21.92%CHF 133.60CHF 71.01n/a6
Dec ’26n/a
CHF 102.65
0%
24.00%CHF 133.21CHF 70.80n/a5
Nov ’26n/a
CHF 97.76
0%
24.31%CHF 128.00CHF 70.49n/a5
Oct ’26n/a
CHF 98.37
0%
24.31%CHF 128.80CHF 70.93n/a5
Sep ’26n/a
CHF 98.31
0%
23.69%CHF 129.95CHF 71.57n/a5
Aug ’26n/a
CHF 93.89
0%
21.36%CHF 116.67CHF 70.93n/a5
Jul ’26n/a
CHF 94.18
0%
21.36%CHF 117.03CHF 71.15n/a5
Jun ’26n/a
CHF 91.88
0%
24.49%CHF 116.72CHF 62.56CHF 95.805
May ’26n/a
CHF 82.10
0%
14.87%CHF 98.71CHF 62.10CHF 106.106
Apr ’26n/a
CHF 83.97
0%
14.62%CHF 101.92CHF 64.12CHF 96.606
Mar ’26n/a
CHF 77.31
0%
11.57%CHF 89.98CHF 63.26CHF 97.756
Feb ’26n/a
CHF 77.31
0%
11.57%CHF 89.98CHF 63.26n/a6
Jan ’26n/a
CHF 73.73
0%
9.07%CHF 85.27CHF 62.71n/a6
Dec ’25n/a
CHF 72.51
0%
10.09%CHF 84.94CHF 62.47n/a6
Nov ’25n/a
CHF 68.73
0%
7.93%CHF 73.81CHF 58.11n/a6
Oct ’25n/a
CHF 68.08
0%
8.53%CHF 74.35CHF 58.54n/a7
Sep ’25CHF 38.26
CHF 68.63
+79.39%
8.35%CHF 75.55CHF 59.48n/a7
Aug ’25CHF 38.26
CHF 67.47
+76.34%
10.05%CHF 73.72CHF 53.21n/a7
Jul ’25CHF 38.26
CHF 68.58
+79.24%
10.00%CHF 75.00CHF 54.14n/a7
Jun ’25CHF 38.26
CHF 68.58
+79.24%
10.00%CHF 75.00CHF 54.14n/a7
CHF 109.49
Fair Value
15.2% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 05:25
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Talanx AG is covered by 18 analysts. 6 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
Robert BateBarclays
Andrew BroadfieldBarclays