PSP Swiss Property AG

OTCPK:PSPS.F Stock Report

Market Cap: US$6.4b

PSP Swiss Property Valuation

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

Below Fair Value: PSPS.F ($141.94) is trading above our estimate of fair value ($57.9)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PSPS.F?

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

The above table shows the Price to Earnings ratio for PSPS.F. This is calculated by dividing PSPS.F's market cap by their current earnings.
What is PSPS.F's PE Ratio?
PE Ratio20.6x
EarningsCHF 278.19m
Market CapCHF 5.73b

Price to Earnings Ratio vs Peers

How does PSPS.F's PE Ratio compare to its peers?

The above table shows the PE ratio for PSPS.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average48x
CPPT.L Copper Property CTL Pass Through Trust
12.8xn/aUS$862.5m
FRPH FRP Holdings
81.5xn/aUS$618.1m
NEN New England Realty Associates Limited Partnership
21xn/aUS$288.8m
TCI Transcontinental Realty Investors
76.9xn/aUS$245.6m
PSPS.F PSP Swiss Property
20.6x0.08%US$5.7b

Price-To-Earnings vs Peers: PSPS.F is good value based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (48x).

Price to Earnings Ratio vs Industry

How does PSPS.F's PE Ratio compare vs other companies in the US Real Estate Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
STHO Star Holdings
1.8xn/aUS$149.31m
STSR Strategic Student & Senior Housing Trust
2.5xn/aUS$41.23m
XIN Xinyuan Real Estate
0.4xn/aUS$18.08m
ILAL International Land Alliance
0.8xn/aUS$7.74m
PSPS.F 20.6xIndustry Avg. 32.7xNo. of Companies6PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PSPS.F is good value based on its Price-To-Earnings Ratio (20.6x) compared to the US Real Estate industry average (32.7x).

Price to Earnings Ratio vs Fair Ratio

What is PSPS.F'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.

PSPS.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PSPS.F's Price-To-Earnings Fair Ratio for valuation analysis.

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 PSPS.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$147.83
0%
5.5%US$167.71US$132.58n/a11
Nov ’25n/a
US$150.19
0%
5.9%US$170.59US$134.86n/a10
Oct ’25n/a
US$150.60
0%
3.8%US$158.59US$137.44n/a10
Sep ’25US$147.00
US$147.45
+0.3%
4.5%US$156.20US$135.06n/a9
Aug ’25n/a
US$137.35
0%
4.2%US$144.64US$127.95n/a9
Jul ’25n/a
US$137.35
0%
4.2%US$144.64US$127.95n/a9
Jun ’25n/a
US$135.73
0%
4.0%US$142.01US$125.62n/a8
May ’25n/a
US$136.20
0%
3.9%US$143.22US$126.70n/a8
Apr ’25n/a
US$136.10
0%
3.4%US$142.36US$127.90n/a8
Mar ’25US$129.50
US$137.86
+6.5%
5.9%US$147.81US$119.38n/a8
Feb ’25n/a
US$139.99
0%
7.1%US$150.87US$116.05n/a8
Jan ’25n/a
US$135.78
0%
7.1%US$148.02US$113.86n/a8
Dec ’24US$130.53
US$129.45
-0.8%
6.7%US$142.14US$111.04n/a7
Nov ’24US$123.00
US$128.92
+4.8%
7.1%US$142.61US$111.41n/a7
Oct ’24n/a
US$128.92
0%
7.1%US$142.61US$111.41n/a7
Sep ’24US$121.90
US$129.51
+6.2%
7.5%US$145.73US$113.85US$147.008
Aug ’24US$118.88
US$127.68
+7.4%
7.0%US$142.94US$111.67n/a9
Jul ’24n/a
US$127.68
0%
7.0%US$142.94US$111.67n/a9
Jun ’24US$107.70
US$126.95
+17.9%
7.4%US$141.44US$110.50n/a9
May ’24n/a
US$131.96
0%
7.8%US$143.15US$111.83n/a9
Apr ’24US$106.25
US$127.99
+20.5%
6.7%US$137.41US$107.35n/a9
Mar ’24n/a
US$127.99
0%
6.7%US$137.41US$107.35US$129.509
Feb ’24n/a
US$130.16
0%
6.7%US$139.61US$109.07n/a9
Jan ’24n/a
US$126.45
0%
6.6%US$136.90US$106.96n/a9
Dec ’23n/a
US$125.08
0%
6.5%US$134.80US$105.31US$130.539
Nov ’23n/a
US$121.64
0%
8.0%US$135.72US$100.53US$123.009

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

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