Allreal Holding AG

BATS-CHIXE:ALLNZ Stock Report

Market Cap: CHF 3.2b

Allreal Holding Valuation

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

Below Fair Value: ALLNZ (CHF196.4) is trading above our estimate of fair value (CHF69.49)

Significantly Below Fair Value: ALLNZ is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ALLNZ. This is calculated by dividing ALLNZ's market cap by their current earnings.
What is ALLNZ's PE Ratio?
PE Ratio12.4x
EarningsCHF 261.00m
Market CapCHF 3.24b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ALLNZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.8x
IWG International Workplace Group
134.9x71.56%UK£2.2b
SVS Savills
25.4x28.39%UK£1.4b
GRI Grainger
6.6x-5.25%UK£1.3b
FPO First Property Group
12.4xn/aUK£28.1m
ALLNZ Allreal Holding
12.4x-19.36%CHF 3.2b

Price-To-Earnings vs Peers: ALLNZ is good value based on its Price-To-Earnings Ratio (12.4x) compared to the peer average (44.8x).

Price to Earnings Ratio vs Industry

How does ALLNZ's PE Ratio compare vs other companies in the GB Real Estate Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RAV Raven Property Group
0.3x-75.97%US$23.74m
CRC Circle Property
0.4xn/aUS$1.28m
No more companies available in this PE range
No. of Companies3PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALLNZ is good value based on its Price-To-Earnings Ratio (12.4x) compared to the European Real Estate industry average (14.4x).

Price to Earnings Ratio vs Fair Ratio

What is ALLNZ'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.

ALLNZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.4x
Fair PE Ratio11x

Price-To-Earnings vs Fair Ratio: ALLNZ is expensive based on its Price-To-Earnings Ratio (12.4x) compared to the estimated Fair Price-To-Earnings Ratio (11x).

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 ALLNZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 196.40
CHF 181.50
-7.59%
4.68%CHF 190.00CHF 173.00n/a2
Dec ’26CHF 200.00
CHF 181.50
-9.25%
4.68%CHF 190.00CHF 173.00n/a2
Nov ’26CHF 192.40
CHF 181.50
-5.67%
4.68%CHF 190.00CHF 173.00n/a2
Oct ’26CHF 184.40
CHF 176.00
-4.56%
5.92%CHF 190.00CHF 165.00n/a3
Sep ’26CHF 181.80
CHF 176.00
-3.19%
5.92%CHF 190.00CHF 165.00n/a3
Aug ’26CHF 185.00
CHF 176.00
-4.86%
5.92%CHF 190.00CHF 165.00n/a3
Jul ’26CHF 185.40
CHF 176.00
-5.07%
5.92%CHF 190.00CHF 165.00n/a3
Jun ’26CHF 187.80
CHF 176.00
-6.28%
5.92%CHF 190.00CHF 165.00n/a3
May ’26CHF 181.40
CHF 176.00
-2.98%
5.92%CHF 190.00CHF 165.00n/a3
Apr ’26CHF 184.20
CHF 174.50
-5.27%
5.38%CHF 190.00CHF 165.00n/a4
Mar ’26CHF 172.20
CHF 164.25
-4.62%
7.16%CHF 173.00CHF 144.00n/a4
Feb ’26CHF 170.80
CHF 162.75
-4.71%
6.69%CHF 170.00CHF 144.00n/a4
Jan ’26CHF 164.90
CHF 162.75
-1.30%
6.69%CHF 170.00CHF 144.00n/a4
Dec ’25CHF 161.80
CHF 162.75
+0.59%
6.69%CHF 170.00CHF 144.00CHF 200.004
Nov ’25CHF 155.80
CHF 162.75
+4.46%
6.69%CHF 170.00CHF 144.00CHF 192.404
Oct ’25CHF 160.60
CHF 162.75
+1.34%
6.69%CHF 170.00CHF 144.00CHF 184.404
Sep ’25CHF 160.90
CHF 156.67
-2.63%
10.71%CHF 170.00CHF 133.00CHF 181.803
Aug ’25CHF 157.20
CHF 156.67
-0.34%
10.71%CHF 170.00CHF 133.00CHF 185.003
Jul ’25CHF 153.00
CHF 156.67
+2.40%
10.71%CHF 170.00CHF 133.00CHF 185.403
Jun ’25CHF 152.60
CHF 156.67
+2.66%
10.71%CHF 170.00CHF 133.00CHF 187.803
May ’25CHF 148.80
CHF 151.50
+1.81%
12.21%CHF 170.00CHF 133.00CHF 181.402
Apr ’25CHF 155.00
CHF 151.50
-2.26%
12.21%CHF 170.00CHF 133.00CHF 184.202
Mar ’25CHF 151.60
CHF 152.50
+0.59%
11.48%CHF 170.00CHF 135.00CHF 172.202
Feb ’25CHF 152.20
CHF 152.50
+0.20%
11.48%CHF 170.00CHF 135.00CHF 170.802
Jan ’25CHF 149.80
CHF 155.00
+3.47%
9.68%CHF 170.00CHF 140.00CHF 164.902
Dec ’24CHF 146.00
CHF 155.00
+6.16%
9.68%CHF 170.00CHF 140.00CHF 161.802
CHF 181.69
Fair Value
8.1% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/16 05:45
End of Day Share Price 2025/12/16 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Allreal Holding AG is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Markus KramerResearch Partners AG
Tommaso OpertoUBS Investment Bank
Ken KagererZürcher Kantonalbank