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

TKBPZ is expensive based on its Price-To-Earnings Ratio (16.4x) compared to the peer average (4.3x).

How does TKBPZ's PE Ratio compare vs other companies in the European Banks Industry?

TKBPZ is expensive based on its Price-To-Earnings Ratio (16.4x) compared to the European Banks industry average (8.3x).

What is TKBPZ'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.

Insufficient data to calculate TKBPZ's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of TKBPZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TKBPZ (CHF131) is trading above our estimate of [[fair value]] (CHF102.72)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

TKBPZ Stock Overview

Provides various banking products and services to private individuals, small and medium-sized enterprises, companies, and public corporations in Switzerland. More details

TKBPZ fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	5/6

Rewards

Earnings have grown 3.9% per year over the past 5 years

Pays a reliable dividend of 2.51%

Risk Analysis

No risks detected for TKBPZ from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Thurgauer Kantonalbank Competitors

TBC Bank Group

LSE:TBCG

UK£1.8b

Bank of Georgia Group

LSE:BGEO

UK£2.0b

Halyk Bank of Kazakhstan

LSE:HSBK

US$5.2b

Close Brothers Group

LSE:CBG

UK£475.9m

Price History & Performance

Summary of share price highs, lows and changes for Thurgauer Kantonalbank
Historical stock prices
Current Share Price	CHF 131.00
52 Week High	CHF 131.50
52 Week Low	CHF 117.50
Beta	0.10
1 Month Change	2.34%
3 Month Change	3.97%
1 Year Change	11.02%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	64.31%

Recent updates

Shareholder Returns

	TKBPZ	GB Banks	GB Market
7D	2.3%	2.5%	2.0%
1Y	11.0%	53.6%	10.8%

Return vs Industry: TKBPZ underperformed the UK Banks industry which returned 53.6% over the past year.

Return vs Market: TKBPZ matched the UK Market which returned 10.8% over the past year.

Price Volatility

Is TKBPZ's price volatile compared to industry and market?
TKBPZ volatility
TKBPZ Average Weekly Movement	2.2%
Banks Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: TKBPZ has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: TKBPZ's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1871	743	Thomas Koller	www.tkb.ch

Thurgauer Kantonalbank provides various banking products and services to private individuals, small and medium-sized enterprises, companies, and public corporations in Switzerland. The company offers accounts and service packages; debit and credit card; mortgages and credits; group life insurance; saving and investing; consulting services; mobile payment, and online banking services. It also provides corporate banking products, including payment transactions, financing, foreign exchange, and investment and retirement planning.

Thurgauer Kantonalbank Fundamentals Summary

How do Thurgauer Kantonalbank's earnings and revenue compare to its market cap?
TKBPZ fundamental statistics
Market cap	CHF 2.63b
Earnings (TTM)	CHF 159.94m
Revenue (TTM)	CHF 418.71m

16.4x

P/E Ratio

1.0x

P/B Ratio

Is TKBPZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TKBPZ income statement (TTM)
Revenue	CHF 418.71m
Cost of Revenue	CHF 0
Gross Profit	CHF 418.71m
Other Expenses	CHF 258.77m
Earnings	CHF 159.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	8.00
Gross Margin	100.00%
Net Profit Margin	38.20%
Debt/Equity Ratio	435.1%

How did TKBPZ perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

41%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/02 15:17
End of Day Share Price	2025/01/31 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thurgauer Kantonalbank is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christian Schmidiger	Zürcher Kantonalbank
AUSANO CAJRATI_CRIVELLI	Zürcher Kantonalbank

Thurgauer Kantonalbank BATS-CHIXE:TKBPZ Stock Report