Intershop Holding
Market Cap
CHF1.1b
Last Updated
2021/03/04 18:02 UTC
Data Sources
Company Financials +
Executive Summary
Intershop Holding AG, a real estate company, focuses on the purchase, development, and sale of real estate in Switzerland. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 24.5% per year for the next 3 years
Snowflake Analysis
Established dividend payer with proven track record.
Share Price & News
How has Intershop Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ISN's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
ISN
-2.0%
CH Real Estate
0.3%
CH Market
1 Year Return
-12.3%
ISN
-19.1%
CH Real Estate
5.0%
CH Market
Return vs Industry: ISN exceeded the Swiss Real Estate industry which returned -19.1% over the past year.
Return vs Market: ISN underperformed the Swiss Market which returned 5% over the past year.
Shareholder returns
| ISN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -2.0% | 0.3% |
| 30 Day | -0.3% | -2.6% | 0.5% |
| 90 Day | 2.9% | 1.3% | 4.6% |
| 1 Year | -7.7%-12.3% | -16.3%-19.1% | 8.2%5.0% |
| 3 Year | 40.3%22.0% | 21.2%8.7% | 28.4%13.2% |
| 5 Year | 72.2%37.5% | 46.0%21.7% | 52.8%29.3% |
Long-Term Price Volatility Vs. Market
How volatile is Intershop Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Are Intershop Holding AG's (VTX:ISN) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?1 month ago | Simply Wall St
Should Intershop Holding AG (VTX:ISN) Be Part Of Your Dividend Portfolio?1 month ago | Simply Wall St
Are Intershop Holding's (VTX:ISN) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is Intershop Holding undervalued compared to its fair value and its price relative to the market?
14.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ISN (CHF598) is trading above our estimate of fair value (CHF350.7)
Significantly Below Fair Value: ISN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ISN is good value based on its PE Ratio (14.4x) compared to the CH Real Estate industry average (17x).
PE vs Market: ISN is good value based on its PE Ratio (14.4x) compared to the Swiss market (24.6x).
Price to Earnings Growth Ratio
PEG Ratio: ISN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ISN is overvalued based on its PB Ratio (1.6x) compared to the CH Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Intershop Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-24.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISN's earnings are forecast to decline over the next 3 years (-24.5% per year).
Earnings vs Market: ISN's earnings are forecast to decline over the next 3 years (-24.5% per year).
High Growth Earnings: ISN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ISN's revenue is expected to decline over the next 3 years (-11.7% per year).
High Growth Revenue: ISN's revenue is forecast to decline over the next 3 years (-11.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ISN's Return on Equity is forecast to be low in 3 years time (7.1%).
Next Steps
Past Performance
How has Intershop Holding performed over the past 5 years?
9.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISN has high quality earnings.
Growing Profit Margin: ISN's current net profit margins (66.8%) are lower than last year (74.7%).
Past Earnings Growth Analysis
Earnings Trend: ISN's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: ISN's earnings growth over the past year (10.4%) exceeds its 5-year average (9.2% per year).
Earnings vs Industry: ISN earnings growth over the past year (10.4%) exceeded the Real Estate industry -6.3%.
Return on Equity
High ROE: ISN's Return on Equity (11%) is considered low.
Next Steps
Financial Health
How is Intershop Holding's financial position?
Financial Position Analysis
Short Term Liabilities: ISN's short term assets (CHF98.4M) do not cover its short term liabilities (CHF234.0M).
Long Term Liabilities: ISN's short term assets (CHF98.4M) do not cover its long term liabilities (CHF433.7M).
Debt to Equity History and Analysis
Debt Level: ISN's debt to equity ratio (65.4%) is considered high.
Reducing Debt: ISN's debt to equity ratio has reduced from 122.9% to 65.4% over the past 5 years.
Debt Coverage: ISN's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: ISN's interest payments on its debt are well covered by EBIT (10.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Intershop Holding current dividend yield, its reliability and sustainability?
4.18%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ISN's dividend (4.18%) is higher than the bottom 25% of dividend payers in the Swiss market (1.53%).
High Dividend: ISN's dividend (4.18%) is in the top 25% of dividend payers in the Swiss market (3.72%)
Stability and Growth of Payments
Stable Dividend: ISN's dividends per share have been stable in the past 10 years.
Growing Dividend: ISN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60%), ISN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ISN's dividends in 3 years are not forecast to be well covered by earnings (94.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average board tenure
CEO
Cyrill Schneuwly (57 yo)
13.17yrs
Tenure
CHF1,271,000
Compensation
Mr. Cyrill Schneuwly has been the Chief Executive Officer of Intershop Holding AG since 2008. Mr. Schneuwly also has been a Member of the Executive Board at Intershop Holding AG since 1999. Mr. Schneuwly s...
CEO Compensation Analysis
Compensation vs Market: Cyrill's total compensation ($USD1.37M) is about average for companies of similar size in the Swiss market ($USD1.18M).
Compensation vs Earnings: Cyrill's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Executive Director | 3.17yrs | CHF78.00k | 0.011% CHF 120.2k | |
| President of the Board | 10.17yrs | CHF160.00k | 0.16% CHF 1.8m | |
| Non-Executive Director | 1.92yrs | CHF80.00k | 0.0053% CHF 60.1k |
3.2yrs
Average Tenure
57yo
Average Age
Experienced Board: ISN's board of directors are considered experienced (3.2 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Intershop Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Intershop Holding AG
- Ticker: ISN
- Exchange: SWX
- Founded: 1962
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: CHF1.130b
- Shares outstanding: 1.88m
- Website: https://www.intershop.ch
Number of Employees
Location
- Intershop Holding AG
- Puls 5
- Giessereistrasse 18
- Zurich
- Zurich
- 8005
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ISN | SWX (SIX Swiss Exchange) | Yes | Registered Shares | CH | CHF | Dec 2003 |
| 0R6M | LSE (London Stock Exchange) | Yes | Registered Shares | GB | CHF | Dec 2003 |
| ISZN | DB (Deutsche Boerse AG) | Yes | Registered Shares | DE | EUR | Dec 2003 |
Biography
Intershop Holding AG, a real estate company, focuses on the purchase, development, and sale of real estate in Switzerland. The company engages in the rental of office, and commercial and retail space. It a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 18:02 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| 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.