Zug Estates Holding
Market Cap
CHF1.0b
Last Updated
2019/10/17 21:25 UTC
Data Sources
Company Financials +
Executive Summary
Zug Estates Holding AG, together with its subsidiaries, conceives, develops, markets, and manages real estate properties in the Zug region, Switzerland.
Snowflake
Fundamentals
Questionable track record unattractive dividend payer.
Share Price & News
How has Zug Estates Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
ZUGN
0.4%
CH Real Estate
0.6%
CH Market
1 Year Return
20.8%
ZUGN
22.2%
CH Real Estate
9.7%
CH Market
Return vs Industry: ZUGN underperformed the Swiss Real Estate industry which returned 22.2% over the past year.
Return vs Market: ZUGN exceeded the Swiss Market which returned 9.7% over the past year.
Shareholder returns
| ZUGN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 0.4% | 0.6% |
| 30 Day | -0.5% | 3.5% | -0.02% |
| 90 Day | 10.6% | 8.5% | 1.1% |
| 1 Year | 22.8%20.8% | 26.8%22.2% | 15.6%9.7% |
| 3 Year | 26.4%21.0% | 40.2%25.3% | 33.9%16.5% |
| 5 Year | 82.8%70.4% | 79.8%47.8% | 38.0%16.3% |
Price Volatility Vs. Market
How volatile is Zug Estates Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Did Zug Estates Holding AG's (VTX:ZUGN) Recent Earnings Growth Beat The Trend?3 weeks ago | Simply Wall St
Is Zug Estates Holding AG's (VTX:ZUGN) 5.5% ROE Worse Than Average?1 month ago | Simply Wall St
Zug Estates Holding (VTX:ZUGN) Shareholders Booked A 70% Gain In The Last Five YearsValuation
Is Zug Estates Holding undervalued compared to its fair value and its price relative to the market?
22.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: ZUGN (CHF2030) is trading above our estimate of fair value (CHF1070.31)
Significantly Undervalued: ZUGN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ZUGN is poor value based on its PE Ratio (22.2x) compared to the Real Estate industry average (15.9x).
PE vs Market: ZUGN is poor value based on its PE Ratio (22.2x) compared to the Swiss market (18.5x).
Price to Earnings Growth Ratio
Low PEG Ratio: ZUGN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ZUGN is overvalued based on its PB Ratio (1.2x) compared to the CH Real Estate industry average (1.1x).
Next Steps
Future Growth
How is Zug Estates Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-2.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZUGN's earnings are forecast to decline over the next 3 years (-2.5% per year).
Earnings vs Market: ZUGN's earnings are forecast to decline over the next 3 years (-2.5% per year).
High Growth Earnings: ZUGN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ZUGN's revenue (2.3% per year) is forecast to grow slower than the Swiss market (3.5% per year).
High Growth Revenue: ZUGN's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: ZUGN's Return on Equity is forecast to be low in 3 years time (2.1%).
Next Steps
Past Performance
How has Zug Estates Holding performed over the past 5 years?
-7.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: ZUGN's earnings have declined by -7.5% per year over the past 5 years.
Accelerating Growth: ZUGN's earnings growth over the past year (42.8%) exceeds its 5-year average (-7.5% per year).
Earnings vs Industry: ZUGN earnings growth over the past year (42.8%) exceeded the Real Estate industry 27.3%.
Return on Equity
High ROE: ZUGN's Return on Equity (5.5%) is considered low.
Return on Assets
ROA vs Industry: ZUGN's Return on Assets is below or equal to the Real Estate industry average last year.
Return on Capital Employed
ROCE Improving: ZUGN's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Zug Estates Holding's financial position?
Financial Position Analysis
Short Term Liabilities: ZUGN's short term assets (CHF126.4M) do not cover its short term liabilities (CHF249.6M)
Long Term Liabilities: ZUGN's short term assets (126.4M) do not cover its long term liabilities (551.7M)
Debt to Equity History and Analysis
Debt Level: ZUGN's debt to equity ratio (73.8%) is considered high
Reducing Debt: ZUGN's debt to equity ratio has increased from 50.1% to 73.8% over the past 5 years.
Debt Coverage: ZUGN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZUGN's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
Inventory Level: ZUGN has a high level of physical assets or inventory.
Debt Coverage by Assets: ZUGN's debt is not covered by short term assets (assets are 0.2x debt).
Next Steps
Dividend
What is Zug Estates Holding's current dividend yield, its reliability and sustainability?
1.38%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: ZUGN's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the Swiss market (1.91%).
High Dividend: ZUGN's dividend (1.38%) is low compared to the top 25% of dividend payers in the Swiss market (3.7%).
Stable Dividend: Whilst dividend payments have been stable, ZUGN has been paying a dividend for less than 10 years.
Growing Dividend: ZUGN's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.6%), ZUGN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZUGN's dividends in 3 years are forecast to be covered by earnings (59.7% payout ratio).
Next Steps
Management
What is the CEO of Zug Estates Holding's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average board tenure
CEO
Tobias Achermann (48yo)
5.3yrs
Tenure
CHF616,333
Compensation
Mr. Tobias Achermann has been the Chief Executive Officer of Zug Estates Holding AG since July 1, 2014. Mr. Achermann serves as The Board of Directors of Zug Estates Holding AG. Since 2008, he has been the ...
CEO Compensation Analysis
Compensation vs. Market: Tobias's total compensation ($USD623.87K) is about average for companies of similar size in the Swiss market ($USD994.34K).
Compensation vs Earnings: Tobias's compensation has been consistent with company performance over the past year.
Board Age and Tenure
6.8yrs
Average Tenure
60yo
Average Age
Experienced Board: ZUGN's board of directors are considered experienced (6.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Tobias Achermann (48yo)
Chief Executive Officer
- Tenure: 5.3yrs
- Compensation: CHF616.33k
Mirko Käppeli (40yo)
Chief Financial Officer
- Tenure: 2.4yrs
Board Members
Armin Meier (61yo)
Non Executive Director
- Tenure: 6.8yrs
- Compensation: CHF109.37k
Martin Wipfli (56yo)
Non Executive Director
- Tenure: 7.8yrs
- Compensation: CHF118.94k
Annelies Buhofer (65yo)
Non Executive Director
- Tenure: 7.8yrs
- Compensation: CHF90.04k
Beat Schwab (53yo)
Chairman
- Tenure: 2.5yrs
- Compensation: CHF393.61k
Johannes Stöckli (60yo)
Director
- Tenure: 1.8yrs
- Compensation: CHF59.49k
Company Information
Zug Estates Holding AG's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zug Estates Holding AG
- Ticker: ZUGN
- Exchange: SWX
- Founded:
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: CHF1.035b
- Shares outstanding: 510.00k
- Website: https://www.zugestates.ch
Number of Employees
Location
- Zug Estates Holding AG
- Industriestrasse 12
- Zug
- Zug
- 6300
- Switzerland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ZUGN | SWX (SIX Swiss Exchange) | Yes | Series B Registered Shares | CH | CHF | Jun 2012 |
| ZEE | DB (Deutsche Boerse AG) | Yes | Series B Registered Shares | DE | EUR | Jun 2012 |
| 0QPW | LSE (London Stock Exchange) | Yes | Series B Registered Shares | GB | CHF | Jun 2012 |
Biography
Zug Estates Holding AG, together with its subsidiaries, conceives, develops, markets, and manages real estate properties in the Zug region, Switzerland. The company operates in two segments, Real Estate an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 21:25 |
| End of Day Share Price | 2019/10/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.