V-ZUG Holding Valuation

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

VZUGZ (CHF53.6) is trading below our estimate of [[fair value]] (CHF290.24)

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

Valuation Score

3/6

Valuation Score 3/6

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 VZUGZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VZUGZ (CHF53.6) is trading below our estimate of fair value (CHF290.24)

Significantly Below Fair Value: VZUGZ is trading below fair value by more than 20%.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for VZUGZ. This is calculated by dividing VZUGZ's market cap by their current preferred multiple.
What is VZUGZ's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CHF 340.71m

VZUGZ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.5x
Enterprise Value/EBITDA	5.8x
PEG Ratio	0.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VZUGZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	15.7x
SRAD Stelrad Group	12.2x	14.5%	UK£189.1m
GLE MJ Gleeson	19.3x	16.3%	UK£372.9m
BOOT Henry Boot	26.7x	25.5%	UK£302.0m
IGR IG Design Group	4.6x	n/a	UK£121.9m
VZUGZ V-ZUG Holding	21.2x	38.7%	CHF 340.7m

Price-To-Earnings vs Peers: VZUGZ is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does VZUGZ's PE Ratio compare vs other companies in the European Consumer Durables Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.8%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	19.8%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: VZUGZ is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the European Consumer Durables industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is VZUGZ'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.

VZUGZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	21.2x
Fair PE Ratio	26.7x

Price-To-Earnings vs Fair Ratio: VZUGZ is good value based on its Price-To-Earnings Ratio (21.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

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 VZUGZ forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CHF 53.60	CHF 74.00 +38.1%	17.6%	CHF 87.00	CHF 61.00	n/a	2
Sep ’25	CHF 53.60	CHF 74.00 +38.1%	17.6%	CHF 87.00	CHF 61.00	n/a	2
Aug ’25	CHF 56.80	CHF 74.00 +30.3%	17.6%	CHF 87.00	CHF 61.00	n/a	2
Feb ’25	CHF 61.90	CHF 94.50 +52.7%	7.9%	CHF 102.00	CHF 87.00	n/a	2
Jan ’25	CHF 65.00	CHF 94.33 +45.1%	6.5%	CHF 102.00	CHF 87.00	n/a	3
Dec ’24	CHF 62.50	CHF 94.33 +50.9%	6.5%	CHF 102.00	CHF 87.00	n/a	3
Nov ’24	CHF 59.50	CHF 94.33 +58.5%	6.5%	CHF 102.00	CHF 87.00	n/a	3
Oct ’24	CHF 62.90	CHF 94.33 +50.0%	6.5%	CHF 102.00	CHF 87.00	n/a	3
Sep ’24	CHF 67.90	CHF 94.33 +38.9%	6.5%	CHF 102.00	CHF 87.00	CHF 53.60	3
Aug ’24	CHF 71.00	CHF 94.33 +32.9%	6.5%	CHF 102.00	CHF 87.00	CHF 56.80	3
Jul ’24	CHF 71.20	CHF 94.33 +32.5%	6.5%	CHF 102.00	CHF 87.00	CHF 49.20	3
Jun ’24	CHF 77.30	CHF 102.67 +32.8%	6.4%	CHF 111.00	CHF 95.00	CHF 52.20	3
May ’24	CHF 80.20	CHF 102.67 +28.0%	6.4%	CHF 111.00	CHF 95.00	CHF 57.20	3
Apr ’24	CHF 83.10	CHF 102.67 +23.5%	6.4%	CHF 111.00	CHF 95.00	CHF 59.55	3
Mar ’24	CHF 92.80	CHF 105.33 +13.5%	6.9%	CHF 111.00	CHF 95.00	CHF 61.00	3
Feb ’24	CHF 91.10	CHF 105.33 +15.6%	6.9%	CHF 111.00	CHF 95.00	CHF 61.90	3
Jan ’24	CHF 91.00	CHF 103.00 +13.2%	7.8%	CHF 111.00	CHF 95.00	CHF 65.00	2
Dec ’23	CHF 82.70	CHF 110.50 +33.6%	0.5%	CHF 111.00	CHF 110.00	CHF 62.50	2
Nov ’23	CHF 72.00	CHF 113.00 +56.9%	2.7%	CHF 116.00	CHF 110.00	CHF 59.50	2
Oct ’23	CHF 74.10	CHF 113.00 +52.5%	2.7%	CHF 116.00	CHF 110.00	CHF 62.90	2
Sep ’23	CHF 75.10	CHF 113.00 +50.5%	2.7%	CHF 116.00	CHF 110.00	CHF 67.90	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.