HIAG Immobilien Holding AG

SWX:HIAG Stock Report

Market Cap: CHF 810.2m

HIAG Immobilien Holding Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: HIAG (CHF80.2) is trading above our estimate of fair value (CHF6.15)

Significantly Below Fair Value: HIAG is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HIAG. This is calculated by dividing HIAG's market cap by their current earnings.
What is HIAG's PE Ratio?
PE Ratio13.3x
EarningsCHF 61.02m
Market CapCHF 810.16m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HIAG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.6x
EPIC EPIC Suisse
25.9xn/aCHF 758.2m
ISN Intershop Holding
13.4x-9.7%CHF 1.1b
WARN Warteck Invest
40.4x15.3%CHF 543.0m
FREN Fundamenta Real Estate
30.9xn/aCHF 478.0m
HIAG HIAG Immobilien Holding
13.3x6.3%CHF 810.2m

Price-To-Earnings vs Peers: HIAG is good value based on its Price-To-Earnings Ratio (13.3x) compared to the peer average (27.6x).

Price to Earnings Ratio vs Industry

How does HIAG's PE Ratio compare vs other companies in the European Real Estate Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HIAG 13.3xIndustry Avg. 18.0xNo. of Companies33PE01224364860+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HIAG is good value based on its Price-To-Earnings Ratio (13.3x) compared to the European Real Estate industry average (17.8x).

Price to Earnings Ratio vs Fair Ratio

What is HIAG'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.

HIAG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.3x
Fair PE Ratio20.8x

Price-To-Earnings vs Fair Ratio: HIAG is good value based on its Price-To-Earnings Ratio (13.3x) compared to the estimated Fair Price-To-Earnings Ratio (20.8x).

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 HIAG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 80.20
CHF 104.50
+30.3%
9.1%CHF 114.00CHF 95.00n/a2
Nov ’25CHF 82.00
CHF 104.50
+27.4%
9.1%CHF 114.00CHF 95.00n/a2
Oct ’25CHF 82.80
CHF 104.50
+26.2%
9.1%CHF 114.00CHF 95.00n/a2
Sep ’25CHF 78.80
CHF 101.00
+28.2%
12.9%CHF 114.00CHF 88.00n/a2
Aug ’25CHF 74.60
CHF 101.00
+35.4%
12.9%CHF 114.00CHF 88.00n/a2
Jul ’25CHF 73.40
CHF 101.00
+37.6%
12.9%CHF 114.00CHF 88.00n/a2
Jun ’25CHF 73.60
CHF 101.00
+37.2%
12.9%CHF 114.00CHF 88.00n/a2
May ’25CHF 74.20
CHF 101.00
+36.1%
12.9%CHF 114.00CHF 88.00n/a2
Apr ’25CHF 79.20
CHF 101.00
+27.5%
12.9%CHF 114.00CHF 88.00n/a2
Mar ’25CHF 71.60
CHF 100.00
+39.7%
14.0%CHF 114.00CHF 86.00n/a2
Feb ’25CHF 74.80
CHF 100.00
+33.7%
14.0%CHF 114.00CHF 86.00n/a2
Jan ’25CHF 79.80
CHF 102.00
+27.8%
11.8%CHF 114.00CHF 90.00n/a2
Dec ’24CHF 78.60
CHF 102.00
+29.8%
11.8%CHF 114.00CHF 90.00n/a2
Nov ’24CHF 77.60
CHF 102.00
+31.4%
11.8%CHF 114.00CHF 90.00CHF 82.002
Oct ’24CHF 79.00
CHF 102.00
+29.1%
11.8%CHF 114.00CHF 90.00CHF 82.802
Sep ’24CHF 76.00
CHF 96.67
+27.2%
13.1%CHF 114.00CHF 84.00CHF 78.803
Aug ’24CHF 76.00
CHF 96.67
+27.2%
13.1%CHF 114.00CHF 84.00CHF 74.603
Jul ’24CHF 76.00
CHF 96.67
+27.2%
13.1%CHF 114.00CHF 84.00CHF 73.403
Jun ’24CHF 78.00
CHF 96.67
+23.9%
13.1%CHF 114.00CHF 84.00CHF 73.603
May ’24CHF 83.00
CHF 96.67
+16.5%
13.1%CHF 114.00CHF 84.00CHF 74.203
Apr ’24CHF 79.80
CHF 94.67
+18.6%
15.7%CHF 114.00CHF 78.00CHF 79.203
Mar ’24CHF 79.60
CHF 96.00
+20.6%
15.3%CHF 114.00CHF 78.00CHF 71.603
Feb ’24CHF 82.40
CHF 96.00
+16.5%
15.3%CHF 114.00CHF 78.00CHF 74.803
Jan ’24CHF 82.00
CHF 96.00
+17.1%
15.3%CHF 114.00CHF 78.00CHF 79.803
Dec ’23CHF 81.40
CHF 96.00
+17.9%
15.3%CHF 114.00CHF 78.00CHF 78.603
Nov ’23CHF 80.20
CHF 96.00
+19.7%
15.3%CHF 114.00CHF 78.00CHF 77.603

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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