Valiant Holding AG operates as a holding company for Valiant Bank AG that provides various banking products and services for retail clients, private clients, self-employed individuals, and small and medium-sized businesses in Switzerland.
Established dividend payer with adequate balance sheet.
Share Price & News
How has Valiant Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QPU's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0QPU exceeded the UK Banks industry which returned -40.7% over the past year.
Return vs Market: 0QPU exceeded the UK Market which returned -21.5% over the past year.
Price Volatility Vs. Market
How volatile is Valiant Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Valiant 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: 0QPU (CHF117.4) is trading below our estimate of fair value (CHF141.49)
Significantly Below Fair Value: 0QPU is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 0QPU is poor value based on its PE Ratio (11x) compared to the Banks industry average (5.4x).
PE vs Market: 0QPU is good value based on its PE Ratio (11x) compared to the UK market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: 0QPU is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: 0QPU is overvalued based on its PB Ratio (0.6x) compared to the GB Banks industry average (0.5x).
How is Valiant Holding forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0QPU's forecast earnings growth (4% per year) is above the savings rate (0.5%).
Earnings vs Market: 0QPU's earnings (4% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: 0QPU's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0QPU's revenue (3.3% per year) is forecast to grow faster than the UK market (2.5% per year).
High Growth Revenue: 0QPU's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0QPU's Return on Equity is forecast to be low in 3 years time (5.1%).
How has Valiant Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QPU has high quality earnings.
Growing Profit Margin: 0QPU's current net profit margins (29.9%) are lower than last year (29.9%).
Past Earnings Growth Analysis
Earnings Trend: 0QPU's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: 0QPU's earnings growth over the past year (0.6%) is below its 5-year average (3.9% per year).
Earnings vs Industry: 0QPU earnings growth over the past year (0.6%) underperformed the Banks industry 26.6%.
Return on Equity
High ROE: 0QPU's Return on Equity (5.2%) is considered low.
How is Valiant Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 0QPU's level of assets compared to its equity is moderate.
Allowance for Bad Loans: 0QPU has a low allowance for bad loans.
Low Risk Liabilities: 0QPU's liabilities are made up of primarily low risk sources of funding.
Loan Level: 0QPU has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QPU has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: 0QPU has an appropriate level of bad loans (0.29%)
What is Valiant Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0QPU's dividend (5.91%) is higher than the bottom 25% of dividend payers in the UK market (2.49%).
High Dividend: 0QPU's dividend (5.91%) is low compared to the top 25% of dividend payers in the UK market (6.84%).
Stability and Growth of Payments
Stable Dividend: 0QPU's dividends per share have been stable in the past 10 years.
Growing Dividend: 0QPU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.2%), 0QPU's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QPU's dividends in 3 years are forecast to be covered by earnings (64.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ewald Burgener (53yo)
Mr. Ewald Burgener has been Chief Executive Officer of Valiant Holding AG since May 17, 2019. Mr. Burgener served as the Chief Financial Officer, Deputy Chief Executive Officer and Head of Finance & Infras ...
CEO Compensation Analysis
Compensation vs Market: Ewald's total compensation ($USD850.30K) is below average for companies of similar size in the UK market ($USD1.85M).
Compensation vs Earnings: Ewald's compensation has been consistent with company performance over the past year.
|CEO & Member of Executive Board||0.92yr||CHF825.00k||0.025% CHF332.7k|
|Head of Products & Operations and Member of Executive Board||13.25yrs||CHF655.00k||0.012% CHF161.4k|
|Head of Private & Commercial Clients||5yrs||CHF708.00k||0.010% CHF134.5k|
|Head of Customer Services & Channels and Member of Executive Board||5.25yrs||CHF664.00k||0.012% CHF158.6k|
|Head of Institutional & Corporate Clients and Member of Executive Board||no data||CHF653.00k||0.0059% CHF78.2k|
|CFO & Member of Executive Board||0.50yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
Experienced Management: 0QPU's management team is seasoned and experienced (5 years average tenure).
|Independent Director||2.92yrs||CHF134.00k||0.0049% CHF65.6k|
|Honorary Chairman||11.25yrs||no data||no data|
|Independent Chairman of the Board||7.25yrs||CHF500.00k||0.045% CHF601.6k|
|Former Chairman||0.92yr||CHF1.24m||0.042% CHF555.9k|
|Independent Director||10.92yrs||CHF160.00k||0.012% CHF156.7k|
|Independent Director||8.92yrs||CHF155.00k||0.017% CHF222.5k|
|Independent Vice-Chairman of the Board||2.92yrs||CHF219.00k||0.0095% CHF126.5k|
|Independent Director||5.92yrs||CHF129.00k||0.0049% CHF65.5k|
|Independent Director||2.92yrs||CHF129.00k||0.0036% CHF47.6k|
Experienced Board: 0QPU's board of directors are considered experienced (5.9 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.
Valiant Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Valiant Holding AG
- Ticker: 0QPU
- Exchange: LSE
- Founded: 1997
- Industry: Regional Banks
- Sector: Banks
- Market Cap: CHF1.336b
- Shares outstanding: 15.79m
- Website: https://www.valiant.ch
Number of Employees
- Valiant Holding AG
- Pilatusstrasse 39
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VATN||SWX (SIX Swiss Exchange)||Yes||Bearer Shares||CH||CHF||Jul 1997|
|VAT||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jul 1997|
|0QPU||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||CHF||Jul 1997|
Valiant Holding AG operates as a holding company for Valiant Bank AG that provides various banking products and services for retail clients, private clients, self-employed individuals, and small and medium-sized businesses in Switzerland. The company offers savings accounts; real estate financing; loans for working capital and other basic services for businesses; unsecured and consumer loans; payment transaction services through its mobile banking app; and retirement planning and investment solutions. It operates 91 branch offices in 11 Swiss cantons, as well as 232 ATMs. The company was founded in 1997 and is based in Lucerne, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 00:25|
|End of Day Share Price||2020/04/08 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.