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

VZNZ is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the peer average (23.1x).

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

VZNZ is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the UK Capital Markets industry average (11.8x).

What is VZNZ'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.

VZNZ is expensive based on its Price-To-Earnings Ratio (27.7x) compared to the estimated Fair Price-To-Earnings Ratio (17.1x).

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

VZNZ (CHF142.6) is trading above our estimate of [[fair value]] (CHF121.52)

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

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

VZ Holding BATS-CHIXE:VZNZ Stock Report

Last Price

CHF 142.60

Market Cap

CHF 5.6b

7D

-1.7%

1Y

47.0%

Updated

18 Dec, 2024

Data

Company Financials +

VZ Holding AG

BATS-CHIXE:VZNZ Stock Report

Market Cap: CHF 5.6b

VZNZ Stock Overview

Provides financial services in Switzerland and Germany. More details

VZNZ fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	6/6
Financial Health	4/6
Dividends	4/6

Rewards

Earnings are forecast to grow 6.28% per year

Earnings grew by 26% over the past year

Risk Analysis

No risks detected for VZNZ from our risk checks.

My Notes

Capture your thoughts, links and company narrative

VZ Holding AG Competitors

Hargreaves Lansdown

LSE:HL.

UK£5.2b

Schroders

LSE:SDR

UK£5.0b

Intermediate Capital Group

LSE:ICG

UK£6.2b

Bridgepoint Group

LSE:BPT

UK£3.0b

Price History & Performance

Summary of share price highs, lows and changes for VZ Holding
Historical stock prices
Current Share Price	CHF 142.60
52 Week High	CHF 151.20
52 Week Low	CHF 94.00
Beta	0.55
1 Month Change	1.57%
3 Month Change	11.23%
1 Year Change	47.01%
3 Year Change	50.90%
5 Year Change	n/a
Change since IPO	7.99%

Recent News & Updates

Recent updates

Shareholder Returns

	VZNZ	GB Capital Markets	GB Market
7D	-1.7%	-0.2%	-1.5%
1Y	47.0%	20.5%	3.5%

Return vs Industry: VZNZ exceeded the UK Capital Markets industry which returned 21.7% over the past year.

Return vs Market: VZNZ exceeded the UK Market which returned 4.6% over the past year.

Price Volatility

Is VZNZ's price volatile compared to industry and market?
VZNZ volatility
VZNZ Average Weekly Movement	2.1%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: VZNZ has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: VZNZ's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	1,451	n/a	www.vermoegenszentrum.ch

VZ Holding AG, together with its subsidiaries, provides financial services in Switzerland and Germany. The company offers retirement, real estate planning and pension, tax, and succession services. It also provides portfolio management, securities account consultant and management, and portfolio check services.

VZ Holding AG Fundamentals Summary

How do VZ Holding's earnings and revenue compare to its market cap?
VZNZ fundamental statistics
Market cap	CHF 5.62b
Earnings (TTM)	CHF 202.71m
Revenue (TTM)	CHF 560.25m

27.7x

P/E Ratio

10.0x

P/S Ratio

Is VZNZ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VZNZ income statement (TTM)
Revenue	CHF 560.25m
Cost of Revenue	CHF 186.83m
Gross Profit	CHF 373.42m
Other Expenses	CHF 170.70m
Earnings	CHF 202.71m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)	5.13
Gross Margin	66.65%
Net Profit Margin	36.18%
Debt/Equity Ratio	72.5%

How did VZNZ perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 16:47
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

VZ Holding AG is covered by 9 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.

Analyst	Institution
Gerhard Schwarz	Baader Helvea Equity Research
Joachim Matha	Bank am Bellevue
Torsten Sauter	Berenberg