Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients.
Undervalued with proven track record and pays a dividend.
Share Price & News
How has Swiss Life Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QMG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0QMG exceeded the UK Insurance industry which returned -38.7% over the past year.
Return vs Market: 0QMG underperformed the UK Market which returned -25.9% over the past year.
Price Volatility Vs. Market
How volatile is Swiss Life Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Swiss Life Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0QMG (CHF305.6) is trading below our estimate of fair value (CHF750.1)
Significantly Below Fair Value: 0QMG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0QMG is good value based on its PE Ratio (8.4x) compared to the Insurance industry average (11.8x).
PE vs Market: 0QMG is good value based on its PE Ratio (8.4x) compared to the UK market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: 0QMG is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: 0QMG is good value based on its PB Ratio (0.6x) compared to the GB Insurance industry average (1.2x).
How is Swiss Life Holding forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0QMG's forecast earnings growth (3% per year) is above the savings rate (0.5%).
Earnings vs Market: 0QMG's earnings (3% per year) are forecast to grow slower than the UK market (15.4% per year).
High Growth Earnings: 0QMG's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0QMG's revenue is expected to decline over the next 3 years (-6.6% per year).
High Growth Revenue: 0QMG's revenue is forecast to decline over the next 3 years (-6.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0QMG's Return on Equity is forecast to be low in 3 years time (10.3%).
How has Swiss Life Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QMG has high quality earnings.
Growing Profit Margin: 0QMG's current net profit margins (5%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: 0QMG's earnings have grown by 7.8% per year over the past 5 years.
Accelerating Growth: 0QMG's earnings growth over the past year (11.4%) exceeds its 5-year average (7.8% per year).
Earnings vs Industry: 0QMG earnings growth over the past year (11.4%) exceeded the Insurance industry 4.5%.
Return on Equity
High ROE: 0QMG's Return on Equity (7.3%) is considered low.
How is Swiss Life Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0QMG has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0QMG's debt is covered by short term assets (assets are 5.9x debt).
Financial Institutions Analysis
Asset Level: 0QMG's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 0QMG has a sufficient allowance for bad loans.
Low Risk Liabilities: 0QMG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0QMG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QMG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0QMG has an appropriate level of bad loans.
What is Swiss Life Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 0QMG's dividend (5.4%) is higher than the bottom 25% of dividend payers in the UK market (2.65%).
High Dividend: 0QMG's dividend (5.4%) is low compared to the top 25% of dividend payers in the UK market (7.43%).
Stability and Growth of Payments
Stable Dividend: 0QMG's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0QMG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.1%), 0QMG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0QMG's dividends in 3 years are forecast to be covered by earnings (58.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Patrick Frost (51yo)
Dr. Patrick Frost serves as the Group Chief Executive Officer at Swiss Life (Singapore) Pte. Ltd. Dr. Frost serves as Independent Non Executive Director at Roche Holding AG since March 2020. Dr. Frost has ...
CEO Compensation Analysis
Compensation vs Market: Patrick's total compensation ($USD4.35M) is about average for companies of similar size in the UK market ($USD5.59M).
Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.
|Group CEO & Chairman of the Corporate Executive Board||5.75yrs||CHF4.25m||0.058% CHF6.0m|
|Group CFO & Member of Executive Board||1.08yrs||no data||no data|
|CEO of France & Member of the Corporate Executive Board||11.75yrs||no data||0.0052% CHF530.1k|
|CEO of Switzerland & Member of the Corporate Executive Board||6yrs||no data||0.015% CHF1.6m|
|CEO of International & Member of the Corporate Executive Board||5.25yrs||no data||0.0089% CHF916.3k|
|Group Chief Investment Officer & Member of the Corporate Executive Board||5.58yrs||no data||0.0097% CHF996.5k|
|CEO of Germany & Member of the Corporate Executive Board||2.75yrs||no data||0.00078% CHF80.1k|
|Head of Corporate Finance and M&A||10.25yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Head of Group Controlling||5.25yrs||no data||no data|
Experienced Management: 0QMG's management team is seasoned and experienced (5.6 years average tenure).
|Chairman of the Board||10.92yrs||CHF1.20m||0.11% CHF11.4m|
|Director||1yr||no data||0.069% CHF7.1m|
|Vice Chairman of the Board||10.92yrs||CHF350.16k||0.017% CHF1.7m|
|Independent Director||13.92yrs||CHF223.78k||0.037% CHF3.8m|
|Independent Director||16.92yrs||CHF140.49k||0.010% CHF1.0m|
|Independent Director||7yrs||CHF153.54k||0.0029% CHF302.0k|
Experienced Board: 0QMG's board of directors are considered experienced (8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Swiss Life Holding AG's company bio, employee growth, exchange listings and data sources
- Name: Swiss Life Holding AG
- Ticker: 0QMG
- Exchange: LSE
- Founded: 1857
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: CHF10.273b
- Shares outstanding: 31.87m
- Website: https://www.swisslife.com
Number of Employees
- Swiss Life Holding AG
- General-Guisan-Quai 40
- PO Box 2831
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SWSD.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Jul 1997|
|SLHN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||Jul 1997|
|0QMG||LSE (London Stock Exchange)||Yes||Registered Shares||GB||CHF||Jul 1997|
|SLW||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Jul 1997|
|SZLM.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Oct 2008|
|SLHNE||SWX (SIX Swiss Exchange)||CHF5.1 (REPUR 2ND TRADE LINE)||CH||CHF||Dec 2018|
Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International and Asset Managers segments. The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage. It also provides property and casualty, liability and motor, accident and health, and payment protection insurance. In addition, the company manages assets and provides advisory services for institutional clients. Further, the company offers financial planning services for private households and brokering services for financial products; and undertakes reinsurance business. Swiss Life Holding AG distributes its products through its agents, financial advisors, and distribution partners. The company operates in Switzerland and internationally under the brands Swiss Life Select, Tecis, Horbach, Proventus, and Chase de Vere advisors. Swiss Life Holding AG was founded in 1857 and is headquartered in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/06 21:37|
|End of Day Share Price||2020/04/06 00:00|
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.