V-ZUG Holding AG

BATS-CHIXE:VZUGZ Stock Report

Market Cap: CHF 315.6m

V-ZUG Holding Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 (CHF49) is trading below our estimate of fair value (CHF126.01)

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?

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

The above table shows the Price to Earnings ratio for VZUGZ. This is calculated by dividing VZUGZ's market cap by their current earnings.
What is VZUGZ's PE Ratio?
PE Ratio19.6x
EarningsCHF 16.09m
Market CapCHF 315.64m

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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.8x
SRAD Stelrad Group
11.7x14.6%UK£180.8m
GLE MJ Gleeson
15.1x14.5%UK£291.9m
BOOT Henry Boot
27.2x25.5%UK£307.4m
TUNE Focusrite
57.3x26.4%UK£149.5m
VZUGZ V-ZUG Holding
19.6x38.7%CHF 315.6m

Price-To-Earnings vs Peers: VZUGZ is good value based on its Price-To-Earnings Ratio (19.6x) compared to the peer average (27.8x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies11PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VZUGZ is expensive based on its Price-To-Earnings Ratio (19.6x) compared to the European Consumer Durables industry average (14x).

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 Ratio19.6x
Fair PE Ratio26.4x

Price-To-Earnings vs Fair Ratio: VZUGZ is good value based on its Price-To-Earnings Ratio (19.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.4x).

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.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 49.00
CHF 75.00
+53.1%
16.0%CHF 87.00CHF 63.00n/a2
Dec ’25CHF 49.55
CHF 74.50
+50.4%
16.8%CHF 87.00CHF 62.00n/a2
Nov ’25CHF 54.00
CHF 74.50
+38.0%
16.8%CHF 87.00CHF 62.00n/a2
Oct ’25CHF 54.80
CHF 74.00
+35.0%
17.6%CHF 87.00CHF 61.00n/a2
Sep ’25CHF 53.60
CHF 74.00
+38.1%
17.6%CHF 87.00CHF 61.00n/a2
Aug ’25CHF 56.80
CHF 74.00
+30.3%
17.6%CHF 87.00CHF 61.00n/a2
Feb ’25CHF 61.90
CHF 94.50
+52.7%
7.9%CHF 102.00CHF 87.00n/a2
Jan ’25CHF 65.00
CHF 94.33
+45.1%
6.5%CHF 102.00CHF 87.00CHF 49.003
Dec ’24CHF 62.50
CHF 94.33
+50.9%
6.5%CHF 102.00CHF 87.00CHF 49.553
Nov ’24CHF 59.50
CHF 94.33
+58.5%
6.5%CHF 102.00CHF 87.00CHF 54.003
Oct ’24CHF 62.90
CHF 94.33
+50.0%
6.5%CHF 102.00CHF 87.00CHF 54.803
Sep ’24CHF 67.90
CHF 94.33
+38.9%
6.5%CHF 102.00CHF 87.00CHF 53.603
Aug ’24CHF 71.00
CHF 94.33
+32.9%
6.5%CHF 102.00CHF 87.00CHF 56.803
Jul ’24CHF 71.20
CHF 94.33
+32.5%
6.5%CHF 102.00CHF 87.00CHF 49.203
Jun ’24CHF 77.30
CHF 102.67
+32.8%
6.4%CHF 111.00CHF 95.00CHF 52.203
May ’24CHF 80.20
CHF 102.67
+28.0%
6.4%CHF 111.00CHF 95.00CHF 57.203
Apr ’24CHF 83.10
CHF 102.67
+23.5%
6.4%CHF 111.00CHF 95.00CHF 59.553
Mar ’24CHF 92.80
CHF 105.33
+13.5%
6.9%CHF 111.00CHF 95.00CHF 61.003
Feb ’24CHF 91.10
CHF 105.33
+15.6%
6.9%CHF 111.00CHF 95.00CHF 61.903
Jan ’24CHF 91.00
CHF 103.00
+13.2%
7.8%CHF 111.00CHF 95.00CHF 65.002

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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 13:56
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
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

V-ZUG Holding AG is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Urs EmmingerResearch Partners AG
Christian ArnoldStifel, Equities Research
Martin HüslerZürcher Kantonalbank