Helvetia Holding AG, through its subsidiaries, provides life and non-life insurance, and reinsurance products in Switzerland, Germany, Austria, Spain, Italy, France, and internationally.
No risks detected for HVXA from our risk checks.
6 star dividend payer with solid track record.
Share Price & News
How has Helvetia Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HVXA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HVXA underperformed the German Insurance industry which returned 29.2% over the past year.
Return vs Market: HVXA underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is Helvetia Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Helvetia Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HVXA (€109.4) is trading below our estimate of fair value (€207.31)
Significantly Below Fair Value: HVXA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HVXA is poor value based on its PE Ratio (13.9x) compared to the Insurance industry average (11.9x).
PE vs Market: HVXA is good value based on its PE Ratio (13.9x) compared to the German market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: HVXA is poor value based on its PEG Ratio (12.5x)
Price to Book Ratio
PB vs Industry: HVXA is overvalued based on its PB Ratio (1.3x) compared to the DE Insurance industry average (1.1x).
How is Helvetia Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HVXA's forecast earnings growth (1.1% per year) is above the savings rate (0.2%).
Earnings vs Market: HVXA's earnings (1.1% per year) are forecast to grow slower than the German market (13.2% per year).
High Growth Earnings: HVXA's earnings are forecast to grow, but not significantly.
Revenue vs Market: HVXA's revenue (0% per year) is forecast to grow slower than the German market (4.8% per year).
High Growth Revenue: HVXA's revenue (0% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HVXA's Return on Equity is forecast to be low in 3 years time (10.9%).
How has Helvetia Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HVXA has high quality earnings.
Growing Profit Margin: HVXA's current net profit margins (5%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: HVXA's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: HVXA's earnings growth over the past year (19.7%) exceeds its 5-year average (5.5% per year).
Earnings vs Industry: HVXA earnings growth over the past year (19.7%) exceeded the Insurance industry 7.8%.
Return on Equity
High ROE: HVXA's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
How is Helvetia Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: HVXA has a low level of unsold assets or inventory.
Debt Coverage by Assets: HVXA's debt is covered by short term assets (assets are 2.7x debt).
Financial Institutions Analysis
Asset Level: HVXA's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if HVXA has a sufficient allowance for bad loans.
Low Risk Liabilities: HVXA reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if HVXA has an acceptable proportion of non-loan assets held.
Low Risk Deposits: HVXA has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if HVXA has an appropriate level of bad loans.
What is Helvetia Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: HVXA's dividend (3.55%) is higher than the bottom 25% of dividend payers in the German market (1.38%).
High Dividend: HVXA's dividend (3.55%) is in the top 25% of dividend payers in the German market (3.53%)
Stability and Growth of Payments
Stable Dividend: HVXA's dividends per share have been stable in the past 10 years.
Growing Dividend: HVXA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.3%), HVXA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HVXA's dividends in 3 years are forecast to be well covered by earnings (49.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philipp Gmür (56yo)
Mr. Philipp Gmür serves as Chief Executive Officer of Helvetia Schweizerische Versicherungsgesellschaft AG. He is a Director of Allreal Holding AG since 2019. He serves as Chief Executive Officer (Group CE ...
CEO Compensation Analysis
Compensation vs Market: Philipp's total compensation ($USD2.21M) is below average for companies of similar size in the German market ($USD3.59M).
Compensation vs Earnings: Philipp's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||3yrs||CHF2.19m||0.037% CHF2.3m|
|Chief Financial Officer||12.2yrs||no data||0.015% CHF923.5k|
|Chief Investment Officer||0.4yrs||no data||no data|
|Head of IT & Group CTO||2.4yrs||no data||0.0020% CHF124.6k|
|Head of Investor Relations||0yrs||no data||no data|
|Head of Corporate Communications & PR||0yrs||no data||no data|
|Head of Corporate Development||0yrs||no data||no data|
|Group Human Resources||0yrs||no data||no data|
|Head of Ocupational Pensions Switzerland||2.7yrs||no data||0.027% CHF1.7m|
|Chief Executive Officer of Europe||4.7yrs||no data||0.0099% CHF613.2k|
Experienced Management: HVXA's management team is considered experienced (2.8 years average tenure).
|Vice Chairman||1.4yrs||CHF158.68k||0.00020% CHF12.3k|
|Vice-Chairman of the Board||4.7yrs||CHF270.41k||0.0032% CHF200.5k|
|Chairwoman of the Board||1.8yrs||CHF724.75k||0.014% CHF868.6k|
Experienced Board: HVXA's board of directors are considered experienced (3.5 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.
Helvetia Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Helvetia Holding AG
- Ticker: HVXA
- Exchange: DB
- Founded: 1858
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: CHF6.690b
- Listing Market Cap: CHF6.169b
- Shares outstanding: 49.45m
- Website: https://www.helvetia.com
Number of Employees
- Helvetia Holding AG
- Dufourstrasse 40
- Sankt Gallen
- St. Gallen
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HELN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jul 1996|
|HVXA||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jul 1996|
|HLVT.Y||OTCPK (Pink Sheets LLC)||UNSPONSORD ADR||US||USD||Aug 2017|
Helvetia Holding AG, through its subsidiaries, provides life and non-life insurance, and reinsurance products in Switzerland, Germany, Austria, Spain, Italy, France, and internationally. It offers life insurance, pension plans, and annuity insurance products; and non-life insurance products, such as property, motor vehicle, liability, transport, art, health, and accident insurance. The company was founded in 1858 and is headquartered in Sankt Gallen, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/09/25 20:55|
|End of Day Share Price||2019/06/28 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.