SPSN Stock Overview
Swiss Prime Site AG, a real estate company, engages in buying and selling, managing, and developing investment properties in Switzerland.
Swiss Prime Site Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CHF99.45|
|52 Week High||CHF101.20|
|52 Week Low||CHF85.95|
|1 Month Change||4.74%|
|3 Month Change||11.12%|
|1 Year Change||9.23%|
|3 Year Change||22.93%|
|5 Year Change||11.74%|
|Change since IPO||-32.29%|
Recent News & Updates
Swiss Prime Site (VTX:SPSN) Is Reducing Its Dividend To CHF1.68
Swiss Prime Site AG ( VTX:SPSN ) has announced it will be reducing its dividend payable on the 30th of March to...
Is Swiss Prime Site (VTX:SPSN) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|SPSN||CH Real Estate||CH Market|
Return vs Industry: SPSN exceeded the Swiss Real Estate industry which returned 1.8% over the past year.
Return vs Market: SPSN exceeded the Swiss Market which returned -1.9% over the past year.
|SPSN Average Weekly Movement||2.7%|
|Real Estate Industry Average Movement||2.8%|
|Market Average Movement||4.9%|
|10% most volatile stocks in CH Market||8.5%|
|10% least volatile stocks in CH Market||2.5%|
Stable Share Price: SPSN is less volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SPSN's weekly volatility (3%) has been stable over the past year.
About the Company
Swiss Prime Site AG, a real estate company, engages in buying and selling, managing, and developing investment properties in Switzerland. The company operates in two segments, Real Estate and Services. The Real Estate segment purchases, sells, leases, and develops properties.
Swiss Prime Site Fundamentals Summary
|SPSN fundamental statistics|
Is SPSN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPSN income statement (TTM)|
|Cost of Revenue||CHF156.20m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 25, 2022
|Earnings per share (EPS)||6.61|
|Net Profit Margin||65.64%|
How did SPSN perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Does SPSN pay a reliable dividends?See SPSN dividend history and benchmarks
|Swiss Prime Site dividend dates|
|Ex Dividend Date||Jun 09 2022|
|Dividend Pay Date||Jun 13 2022|
|Days until Ex dividend||15 days|
|Days until Dividend pay date||19 days|
Does SPSN pay a reliable dividends?See SPSN dividend history and benchmarks
Is Swiss Prime Site undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SPSN (CHF99.2) is trading above our estimate of fair value (CHF76.41)
Significantly Below Fair Value: SPSN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SPSN is poor value based on its Price-To-Earnings Ratio (15x) compared to the Swiss Real Estate industry average (12.6x).
PE vs Market: SPSN is good value based on its Price-To-Earnings Ratio (15x) compared to the Swiss market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: SPSN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SPSN is overvalued based on its Price-To-Book Ratio (1.2x) compared to the CH Real Estate industry average (1.1x).
How is Swiss Prime Site forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPSN's earnings are forecast to decline over the next 3 years (-10.8% per year).
Earnings vs Market: SPSN's earnings are forecast to decline over the next 3 years (-10.8% per year).
High Growth Earnings: SPSN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SPSN's revenue is expected to decline over the next 3 years (-0.3% per year).
High Growth Revenue: SPSN's revenue is forecast to decline over the next 3 years (-0.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPSN's Return on Equity is forecast to be low in 3 years time (5%).
How has Swiss Prime Site performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPSN has a large one-off gain of CHF293.9M impacting its December 31 2021 financial results.
Growing Profit Margin: SPSN's current net profit margins (65.6%) are higher than last year (60.2%).
Past Earnings Growth Analysis
Earnings Trend: SPSN's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: SPSN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SPSN had negative earnings growth (-16.9%) over the past year, making it difficult to compare to the Real Estate industry average (61.3%).
Return on Equity
High ROE: SPSN's Return on Equity (8%) is considered low.
How is Swiss Prime Site's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SPSN's short term assets (CHF528.1M) exceed its short term liabilities (CHF380.7M).
Long Term Liabilities: SPSN's short term assets (CHF528.1M) do not cover its long term liabilities (CHF6.4B).
Debt to Equity History and Analysis
Debt Level: SPSN's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: SPSN's debt to equity ratio has reduced from 94.3% to 81.2% over the past 5 years.
Debt Coverage: SPSN's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: SPSN's interest payments on its debt are well covered by EBIT (9x coverage).
What is Swiss Prime Site current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SPSN's dividend (3.38%) is higher than the bottom 25% of dividend payers in the Swiss market (1.91%).
High Dividend: SPSN's dividend (3.38%) is low compared to the top 25% of dividend payers in the Swiss market (3.88%).
Stability and Growth of Payments
Stable Dividend: SPSN's dividends per share have been stable in the past 10 years.
Growing Dividend: SPSN's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), SPSN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.9%), SPSN's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
René Zahnd (55 yo)
Mr. René Zahnd has been the Chief Executive Officer of Swiss Prime Site AG since January 1, 2016 and has been its Member of Executive Board since November 01, 2015. He serves as President of the Board of D...
CEO Compensation Analysis
Compensation vs Market: René's total compensation ($USD1.73M) is about average for companies of similar size in the Swiss market ($USD2.17M).
Compensation vs Earnings: René's compensation has been consistent with company performance over the past year.
Experienced Management: SPSN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Experienced Board: SPSN's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Swiss Prime Site AG's employee growth, exchange listings and data sources
- Name: Swiss Prime Site AG
- Ticker: SPSN
- Exchange: SWX
- Founded: 1999
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: CHF7.630b
- Shares outstanding: 76.72m
- Website: https://sps.swiss
Number of Employees
- Swiss Prime Site AG
- Frohburgstrasse 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
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.