Valiant Holding AG

LSE:0QPU Stock Report

Market Cap: CHF 1.7b

Valiant Holding Valuation

Is 0QPU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0QPU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
CHF 123.05
Fair Value
12.1% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 0QPU (CHF108.2) is trading below our estimate of fair value (CHF123.05)

Significantly Below Fair Value: 0QPU is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QPU?

Key metric: As 0QPU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QPU. This is calculated by dividing 0QPU's market cap by their current earnings.
What is 0QPU's PE Ratio?
PE Ratio11.5x
EarningsCHF 149.58m
Market CapCHF 1.72b

Price to Earnings Ratio vs Peers

How does 0QPU's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QPU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average3.7x
TBCG TBC Bank Group
4.7x17.4%UK£1.7b
BGEO Bank of Georgia Group
2.9x-4.1%UK£1.9b
HSBK Halyk Bank of Kazakhstan
3.6xn/aUS$5.4b
CBG Close Brothers Group
3.5x14.2%UK£312.9m
0QPU Valiant Holding
11.5x4.0%CHF 1.7b

Price-To-Earnings vs Peers: 0QPU is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (3.7x).

Price to Earnings Ratio vs Industry

How does 0QPU's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0QPU 11.5xIndustry Avg. 7.9xNo. of Companies42PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0QPU is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the European Banks industry average (7.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0QPU'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.

0QPU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.5x
Fair PE Ratio4.9x

Price-To-Earnings vs Fair Ratio: 0QPU is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (4.9x).

Analyst Price Targets

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

The above table shows the analyst 0QPU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 108.20
CHF 115.00
+6.3%
9.4%CHF 125.00CHF 100.00n/a3
Jan ’26CHF 105.60
CHF 115.00
+8.9%
9.4%CHF 125.00CHF 100.00n/a3
Dec ’25CHF 104.40
CHF 115.00
+10.2%
9.4%CHF 125.00CHF 100.00n/a3
Nov ’25CHF 100.60
CHF 115.00
+14.3%
9.4%CHF 125.00CHF 100.00n/a3
Oct ’25CHF 98.30
CHF 117.50
+19.5%
8.8%CHF 125.00CHF 100.00n/a4
Sep ’25CHF 98.60
CHF 117.50
+19.2%
8.8%CHF 125.00CHF 100.00n/a4
Aug ’25CHF 99.50
CHF 117.50
+18.1%
8.8%CHF 125.00CHF 100.00n/a4
Jul ’25CHF 102.20
CHF 119.75
+17.2%
5.0%CHF 125.00CHF 110.00n/a4
Jun ’25CHF 103.00
CHF 119.75
+16.3%
5.0%CHF 125.00CHF 110.00n/a4
May ’25CHF 107.40
CHF 119.67
+11.4%
5.7%CHF 125.00CHF 110.00n/a3
Apr ’25CHF 106.31
CHF 119.00
+11.9%
5.4%CHF 125.00CHF 110.00n/a3
Mar ’25CHF 102.60
CHF 119.00
+16.0%
5.4%CHF 125.00CHF 110.00n/a3
Feb ’25CHF 104.80
CHF 118.00
+12.6%
6.7%CHF 125.00CHF 107.00n/a3
Jan ’25CHF 95.40
CHF 117.67
+23.3%
6.6%CHF 125.00CHF 107.00CHF 105.603
Dec ’24CHF 94.80
CHF 117.67
+24.1%
6.6%CHF 125.00CHF 107.00CHF 104.403
Nov ’24CHF 99.20
CHF 121.67
+22.6%
2.1%CHF 125.00CHF 119.00CHF 100.603
Oct ’24CHF 95.69
CHF 121.67
+27.1%
2.1%CHF 125.00CHF 119.00CHF 98.303
Sep ’24CHF 94.11
CHF 121.67
+29.3%
2.1%CHF 125.00CHF 119.00CHF 98.603
Aug ’24CHF 96.05
CHF 121.67
+26.7%
2.1%CHF 125.00CHF 119.00CHF 99.503
Jul ’24CHF 93.20
CHF 121.67
+30.5%
2.1%CHF 125.00CHF 119.00CHF 102.203
Jun ’24CHF 95.40
CHF 121.67
+27.5%
2.1%CHF 125.00CHF 119.00CHF 103.003
May ’24CHF 103.72
CHF 121.67
+17.3%
2.1%CHF 125.00CHF 119.00CHF 107.403
Apr ’24CHF 98.04
CHF 121.67
+24.1%
2.1%CHF 125.00CHF 119.00CHF 106.313
Mar ’24CHF 104.72
CHF 121.67
+16.2%
2.1%CHF 125.00CHF 119.00CHF 102.603
Feb ’24CHF 104.88
CHF 118.00
+12.5%
4.8%CHF 123.00CHF 110.00CHF 104.803
Jan ’24CHF 100.35
CHF 107.00
+6.6%
2.8%CHF 110.00CHF 104.00CHF 95.402
Analyst Price Target
Consensus Narrative from 3 Analysts
CHF 114.58
Fair Value
5.6% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 02:30
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Valiant Holding AG is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gerhard SchwarzBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research
Tobias BrutschBank Vontobel AG