Julius Bär Gruppe AG

BATS-CHIXE:BAERz Stock Report

Market Cap: CHF 11.8b

Julius Bär Gruppe Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: BAERz (CHF57.7) is trading below our estimate of fair value (CHF88.71)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BAERz. This is calculated by dividing BAERz's market cap by their current earnings.
What is BAERz's PE Ratio?
PE Ratio31.5x
EarningsCHF 374.20m
Market CapCHF 11.77b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BAERz vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14x
ICG Intermediate Capital Group
15.5x11.7%UK£6.2b
SDR Schroders
13.1x12.9%UK£4.9b
HL. Hargreaves Lansdown
17.6x1.6%UK£5.2b
EMG Man Group
9.7x15.0%UK£2.4b
BAERz Julius Bär Gruppe
31.5x22.6%CHF 11.8b

Price-To-Earnings vs Peers: BAERz is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does BAERz's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.2xn/aUS$34.90m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.4xn/aUS$5.78m
MAFL Mineral & Financial Investments
2xn/aUS$5.01m
No more companies available in this PE range
No. of Companies19PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BAERz is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the UK Capital Markets industry average (12.2x).

Price to Earnings Ratio vs Fair Ratio

What is BAERz'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.

BAERz PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.5x
Fair PE Ratio24.4x

Price-To-Earnings vs Fair Ratio: BAERz is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

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 BAERz forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 57.70
CHF 59.83
+3.7%
8.4%CHF 66.00CHF 48.20n/a14
Nov ’25CHF 54.42
CHF 57.66
+5.9%
7.6%CHF 66.00CHF 48.20n/a14
Oct ’25CHF 50.88
CHF 57.66
+13.3%
7.6%CHF 66.00CHF 48.20n/a14
Sep ’25CHF 49.58
CHF 58.01
+17.0%
8.4%CHF 67.00CHF 48.20n/a14
Aug ’25CHF 48.30
CHF 58.49
+21.1%
7.9%CHF 67.00CHF 50.80n/a14
Jul ’25CHF 51.22
CHF 61.56
+20.2%
9.2%CHF 71.00CHF 50.90n/a14
Jun ’25CHF 54.06
CHF 61.56
+13.9%
9.2%CHF 71.00CHF 50.90n/a14
May ’25CHF 49.75
CHF 58.96
+18.5%
7.9%CHF 68.00CHF 50.70n/a14
Apr ’25CHF 52.12
CHF 58.26
+11.8%
6.9%CHF 65.00CHF 50.70n/a14
Mar ’25CHF 47.88
CHF 57.31
+19.7%
7.6%CHF 65.00CHF 50.00n/a15
Feb ’25CHF 47.93
CHF 58.09
+21.2%
6.8%CHF 65.00CHF 50.80n/a15
Jan ’25CHF 47.18
CHF 60.29
+27.8%
8.0%CHF 70.00CHF 52.30n/a15
Dec ’24CHF 44.46
CHF 61.69
+38.7%
9.7%CHF 76.00CHF 52.30n/a15
Nov ’24CHF 54.00
CHF 71.46
+32.3%
4.9%CHF 78.00CHF 64.00CHF 54.4213
Oct ’24CHF 58.86
CHF 71.46
+21.4%
4.9%CHF 78.00CHF 64.00CHF 50.8813
Sep ’24CHF 61.30
CHF 71.00
+15.8%
5.3%CHF 78.00CHF 64.00CHF 49.5814
Aug ’24CHF 61.54
CHF 71.00
+15.4%
5.3%CHF 78.00CHF 64.00CHF 48.3014
Jul ’24CHF 56.28
CHF 70.86
+25.9%
6.6%CHF 78.00CHF 62.00CHF 51.2214
Jun ’24CHF 56.00
CHF 70.86
+26.5%
6.6%CHF 78.00CHF 62.00CHF 54.0614
May ’24CHF 63.70
CHF 72.21
+13.4%
6.5%CHF 81.00CHF 62.00CHF 49.7514
Apr ’24CHF 62.42
CHF 70.21
+12.5%
4.9%CHF 75.00CHF 62.00CHF 52.1214
Mar ’24CHF 62.28
CHF 70.21
+12.7%
4.9%CHF 75.00CHF 62.00CHF 47.8814
Feb ’24CHF 59.50
CHF 64.89
+9.1%
5.9%CHF 73.00CHF 58.00CHF 47.9314
Jan ’24CHF 54.00
CHF 63.21
+17.1%
7.0%CHF 69.00CHF 50.00CHF 47.1814
Dec ’23CHF 55.12
CHF 62.64
+13.6%
6.7%CHF 68.00CHF 50.00CHF 44.4614
Nov ’23CHF 48.38
CHF 59.10
+22.2%
14.0%CHF 69.00CHF 35.98CHF 54.0015

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

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