LSE:0RE6

Stock Analysis Report

Walliser Kantonalbank

Executive Summary

Walliser Kantonalbank provides various banking products and services in Switzerland.


Snowflake Analysis

Adequate balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Walliser Kantonalbank's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0RE6 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

28.2%

0RE6

-1.4%

GB Banks

6.2%

GB Market


1 Year Return

n/a

0RE6

-33.5%

GB Banks

-22.7%

GB Market

Return vs Industry: Insufficient data to determine how 0RE6 performed against the UK Banks industry.

Return vs Market: Insufficient data to determine how 0RE6 performed against the UK Market.


Shareholder returns

0RE6IndustryMarket
7 Day28.2%-1.4%6.2%
30 Day7.5%-22.0%-17.8%
90 Day9.5%-34.6%-27.7%
1 Yearn/a-28.8%-33.5%-18.6%-22.7%
3 Yearn/a-32.0%-41.3%-13.4%-24.6%
5 Yearn/a-29.7%-43.8%1.3%-22.0%

Price Volatility Vs. Market

How volatile is Walliser Kantonalbank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Walliser Kantonalbank undervalued compared to its fair value and its price relative to the market?

15.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 0RE6 (CHF121.5) is trading above our estimate of fair value (CHF65.61)

Significantly Below Fair Value: 0RE6 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 0RE6 is poor value based on its PE Ratio (15.8x) compared to the Banks industry average (4.6x).

PE vs Market: 0RE6 is poor value based on its PE Ratio (15.8x) compared to the UK market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0RE6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0RE6 is overvalued based on its PB Ratio (1.2x) compared to the GB Banks industry average (0.5x).


Next Steps

Future Growth

How is Walliser Kantonalbank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Walliser Kantonalbank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Walliser Kantonalbank performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0RE6 has high quality earnings.

Growing Profit Margin: 0RE6's current net profit margins (42.3%) are higher than last year (42.2%).


Past Earnings Growth Analysis

Earnings Trend: 0RE6's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: 0RE6's earnings growth over the past year (2.5%) is below its 5-year average (12.9% per year).

Earnings vs Industry: 0RE6 earnings growth over the past year (2.5%) underperformed the Banks industry 29.6%.


Return on Equity

High ROE: 0RE6's Return on Equity (5%) is considered low.


Next Steps

Financial Health

How is Walliser Kantonalbank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 0RE6 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 0RE6's debt is not covered by short term assets (assets are 0.7x debt).


Financial Institutions Analysis

Asset Level: 0RE6's level of assets compared to its equity is moderate.

Allowance for Bad Loans: 0RE6 has a low allowance for bad loans.

Low Risk Liabilities: 0RE6's liabilities are made up of primarily low risk sources of funding.

Loan Level: 0RE6 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 0RE6's loans are broadly funded by customer deposits.

Level of Bad Loans: 0RE6 has a high level of bad loans (2.67%)


Next Steps

Dividend

What is Walliser Kantonalbank's current dividend yield, its reliability and sustainability?

3.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 0RE6's dividend (3.27%) is higher than the bottom 25% of dividend payers in the UK market (2.7%).

High Dividend: 0RE6's dividend (3.27%) is low compared to the top 25% of dividend payers in the UK market (7.3%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 0RE6 has been paying a dividend for less than 10 years.

Growing Dividend: 0RE6's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.6%), 0RE6's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average board tenure


CEO

Pascal Perruchoud (61yo)

8.17s

Tenure

CHF1,043,000

Compensation

Mr. Pascal Perruchoud serves as Chairman of Senior Management at Banque Cantonale du Valais and served as its Chairman of The General Management since May 23, 2012. Mr. Perruchoud served as Head of Valoris ...


CEO Compensation Analysis

Compensation vs Market: Pascal's total compensation ($USD1.09M) is below average for companies of similar size in the UK market ($USD1.93M).

Compensation vs Earnings: Pascal's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Gabriel Décaillet
Secretary & Director7.17yrsCHF105.00kno data
Chantal Emery
Director10.83yrsCHF94.00kno data
Fernand Mariétan
Director10.83yrsCHF93.00kno data
Stephan Imboden
Vice Chairman of the Board2.92yrsCHF131.00kno data
Ivan Rouvinet
Director10.83yrsCHF93.00kno data
Pascal Indermitte
Director5.83yrsCHF95.00kno data
Jean-Albert Ferrez
Director3.17yrsCHF87.00kno data
Pierre-Alain Grichting
Chairman of the Board1.83yrsCHF182.00kno data
Sandra Lathion
Director1.5yrsCHF30.00kno data

5.8yrs

Average Tenure

57yo

Average Age

Experienced Board: 0RE6's board of directors are considered experienced (5.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Walliser Kantonalbank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Walliser Kantonalbank
  • Ticker: 0RE6
  • Exchange: LSE
  • Founded: 1917
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: CHF1.613b
  • Shares outstanding: 15.73m
  • Website: https://www.bcvs.ch

Number of Employees


Location

  • Walliser Kantonalbank
  • Place des Cèdres 8
  • Sion
  • Valais
  • 1951
  • Switzerland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WKBNSWX (SIX Swiss Exchange)YesRegistered SharesCHCHFJan 2016
0RE6LSE (London Stock Exchange)YesRegistered SharesGBCHFJan 2016

Biography

Walliser Kantonalbank provides various banking products and services in Switzerland. It offers Euro and savings plus accounts; investment products; wealth management services; and e-trade, and e-banking and mobile banking services. The company operates through a network of 27 branches and 27 representative offices; and 78 automated teller machines. Walliser Kantonalbank was founded in 1917 and is based in Sion, Switzerland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 00:01
End of Day Share Price2020/03/25 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.