BKW AG

SWX:BKW Aktierapport

Börsvärde: CHF 7.8b

BKW Förvaltning

Förvaltning kriterier kontrolleras 4/4

BKW VD är Robert Itschner, utsedd i Oct 2022, har en mandatperiod på 3.58 år. totala årliga ersättningen är CHF 1.52M, bestående av 52.7% lön 47.3% bonusar, inklusive företagsaktier och optioner. äger direkt 0.004% av företagets aktier, värda CHF 334.72K. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 2.5 år respektive 8 år.

Viktig information

Robert Itschner

Verkställande direktör

CHF 1.5m

Total ersättning

VD-lön i procent52.67%
Anställning som VD3.6yrs
Ägande av VD0.004%
Ledningens genomsnittliga anställningstid2.5yrs
Styrelsens genomsnittliga mandatperiod8yrs

Senaste uppdateringar av ledningen

Recent updates

Uppdatering av berättelse May 06

BKW: Neutral Outlook Will Center On CHF 160 Level And Execution

Narrative Update on BKW The analyst price target for BKW has shifted from CHF 163.64 to CHF 164.48, with analysts pointing to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, alongside fresh Neutral coverage and a CHF 160 price target from recent Street research. Analyst Commentary Recent research coverage sets a CHF 160 price target alongside a Neutral stance, which sits just below the updated analyst fair value assumptions for BKW.
Uppdatering av berättelse Apr 21

BKW: Neutral Stance Highlights CHF 160 Level And Execution Risks

Narrative Update on BKW The analyst price target for BKW is now CHF 160. This level is supported by recent coverage where analysts collectively point to a more cautious stance on the shares while maintaining a broadly neutral view.
Uppdatering av berättelse Apr 06

BKW: Neutral Outlook Balances Earnings Reset With Modest P/E Expectations

Narrative Update The analyst price target for BKW is updated to CHF 163.64 from CHF 162.81. Analysts point to refined assumptions on long term revenue growth, slightly higher projected profit margins, and a modestly higher future P/E multiple as key drivers behind the change.
Uppdatering av berättelse Mar 23

BKW: Neutral Stance On Earnings Reset And Moderating Future P/E

The analyst price target for BKW has shifted slightly to CHF 160 as analysts factor in updated assumptions around revenue growth, margins, and a lower future P/E, while keeping discount rate expectations unchanged and referencing recent Neutral coverage and downgrades. Analyst Commentary Bullish Takeaways Bullish analysts see the CHF 160 price target as consistent with a view that BKW can still execute on its revenue and margin assumptions, even with a lower future P/E embedded in their models.
Uppdatering av berättelse Mar 08

BKW: Higher Future P/E And Reset EBIT Guidance Will Drive Re Rating

Narrative Update on BKW Analysts have trimmed their price target on BKW to about CHF 165 from around CHF 170. They cited more cautious assumptions on revenue growth and profit margins, partly offset by a higher expected future P/E multiple and recent neutral to cautious coverage from the Street.
Uppdatering av berättelse Feb 22

BKW: Reset EBIT Guidance Will Support Re Rating Potential

Analysts have trimmed their price target on BKW to CHF169.76. The shift reflects a more cautious stance on the shares following recent research that has turned more bearish on the name.
Uppdatering av berättelse Feb 07

BKW: Rebased EBIT Guidance Will Shape Future Upside Potential

Analysts have trimmed their fair value estimate for BKW from CHF 182.38 to about CHF 169.76, reflecting slightly lower assumptions for revenue growth, profit margins and future P/E. This aligns with more cautious recent Street research, including a downgrade from Kepler Cheuvreux.
Uppdatering av berättelse Jan 23

B9W: Neutral Ratings And Lower Power Prices Will Shape Upside Potential

Narrative Update on BKW Analysts have trimmed their price targets on BKW, with our updated fair value moving from CHF 193 to about CHF 182. They point to downside risk to consensus estimates in a low power price environment and reflect more cautious views following recent downgrades to Neutral by several firms.
Analysartikel Dec 28

Here's Why BKW (VTX:BKW) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysartikel Dec 12

BKW AG's (VTX:BKW) Share Price Could Signal Some Risk

It's not a stretch to say that BKW AG's ( VTX:BKW ) price-to-earnings (or "P/E") ratio of 18.8x right now seems quite...
Analysartikel Nov 27

We Like These Underlying Return On Capital Trends At BKW (VTX:BKW)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysartikel Oct 09

Are Investors Undervaluing BKW AG (VTX:BKW) By 31%?

Key Insights BKW's estimated fair value is CHF256 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysartikel Sep 24

Here's Why BKW (VTX:BKW) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Uppdatering av berättelse Sep 24

Grimsel Dam Approval Will Boost Future Energy Production

The consensus analyst price target for BKW has been modestly raised to CHF193.00, reflecting minor improvements in both future P/E and net profit margin. Valuation Changes Summary of Valuation Changes for BKW The Consensus Analyst Price Target has risen slightly from CHF188.00 to CHF193.00.
Analysartikel Sep 09

BKW AG's (VTX:BKW) Share Price Not Quite Adding Up

It's not a stretch to say that BKW AG's ( VTX:BKW ) price-to-earnings (or "P/E") ratio of 18.7x right now seems quite...
Uppdatering av berättelse Aug 27

Grimsel Dam Approval Will Boost Future Energy Production

The upward revision in BKW’s consensus price target is primarily driven by a substantial increase in forecast revenue growth and a modest improvement in net profit margins, resulting in a new fair value of CHF188.00. Valuation Changes Summary of Valuation Changes for BKW The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from CHF185.00 to CHF188.00.
Analysartikel Aug 11

Here's Why BKW (VTX:BKW) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysartikel Jul 11

BKW (VTX:BKW) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysartikel Jun 13

A Look At The Intrinsic Value Of BKW AG (VTX:BKW)

Key Insights Using the 2 Stage Free Cash Flow to Equity, BKW fair value estimate is CHF197 BKW's CHF173 share price...
Analysartikel May 26

These 4 Measures Indicate That BKW (VTX:BKW) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
User avatar
Ny berättelse Feb 09

Grimsel Dam Approval Will Boost Future Energy Production

Strategic renewable energy projects and expansions, including wind, solar, and battery storage, are expected to drive future revenue growth.

Analys av ersättningar till VD

Hur har Robert Itschner:s ersättning förändrats jämfört med BKW:s resultat?
DatumTotal ersättningLönFöretagets resultat
Dec 31 2025CHF 2mCHF 800k

CHF 357m

Sep 30 2025n/an/a

CHF 408m

Jun 30 2025n/an/a

CHF 459m

Mar 31 2025n/an/a

CHF 541m

Dec 31 2024CHF 2mCHF 800k

CHF 622m

Sep 30 2024n/an/a

CHF 562m

Jun 30 2024n/an/a

CHF 501m

Mar 31 2024n/an/a

CHF 489m

Dec 31 2023CHF 2mCHF 770k

CHF 478m

Ersättning vs marknad: Robert s total kompensation ($USD 1.94M ) är under genomsnittet för företag av liknande storlek på Swiss marknaden ($USD 6.12M ).

Ersättning vs inkomst: Ersättningen från Robert har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Robert Itschner (59 yo)

3.6yrs
Anställning
CHF 1,519,000
Kompensation

Mr. Robert Itschner is Chief Executive Officer & Member of Executive Board of BKW AG from October 1, 2022. He joined the BKW AG in 2022. He is Chairman of the Executive Board at BKW AG since November, 01 2...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Robert Itschner
Chairman of the Executive Board & CEO3.6yrsCHF 1.52m0.0043%
CHF 334.7k
Martin Zwyssig
CFO, Deputy to CEO & Member of Executive Board2.8yrsinga uppgifter0.0014%
CHF 109.5k
Corinne Montandon
Executive VP of Power Grid & Member of the Executive Board5.3yrsinga uppgifter0.013%
CHF 1.0m
Martin Schweikert
Chief Communications Officer & Member of Extended Group Executive Boardno datainga uppgifteringa uppgifter
Philipp Hanggi
Member of the Executive Board6.3yrsinga uppgifter0.015%
CHF 1.2m
Martin Fecke
Executive VP of Engineering & Member of the Executive Boardno datainga uppgifter0.0032%
CHF 247.1k
Antonin Guez
Executive VP of Building Solutions & Member of Executive Board2.5yrsinga uppgifter0.0014%
CHF 107.1k
Sven Behrend
Executive VP of Infra Services & Member of Executive Board2.5yrsinga uppgifter0.0034%
CHF 265.9k
Stefan Sewckow
Executive VP of Energy Markets & Member of Executive Board2.5yrsinga uppgifter0.00040%
CHF 31.3k
Manuela Wendland
Chief Human Resources Officer & Member of the Extended Executive Board1.3yrsinga uppgifteringa uppgifter
King Frater
Chief Legal & Compliance Officer and Member of the Extended Executive Boardno datainga uppgifteringa uppgifter
Margarita Aleksieva
Executive VP of Energy Production & Member of Executive Boardless than a yearinga uppgifteringa uppgifter
2.5yrs
Genomsnittlig anställningstid
58yo
Genomsnittlig ålder

Erfaren ledning: BKW s ledningsgrupp anses vara erfaren ( 2.5 års genomsnittlig anställningstid).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Kurt Schar
Independent Director14yrsCHF 124.00k0.0018%
CHF 141.6k
Roger Baillod
Independent Chairman of Board13yrsCHF 446.00k0.013%
CHF 1.0m
Carole Ackermann
Independent Director8yrsCHF 150.00k0.0052%
CHF 405.1k
Petra Denk
Independent Director5yrsCHF 146.00k0.0018%
CHF 141.6k
Martin a Porta
Independent Director4yrsCHF 138.00k0.0064%
CHF 497.4k
Andreas Rickenbacher
Independent Deputy Chair8yrsCHF 172.00k0.0029%
CHF 226.8k
Rebecca Flückiger
Independent Director7.7yrsCHF 151.00k0.0052%
CHF 405.1k
Linda Winter
Directorno dataCHF 63.00kinga uppgifter
8.0yrs
Genomsnittlig anställningstid
55yo
Genomsnittlig ålder

Erfaren styrelse: BKW s styrelse anses vara erfaren ( 8 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/24 13:21
Aktiekurs vid dagens slut2026/05/22 00:00
Intäkter2025/12/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

BKW AG bevakas av 11 analytiker. 5 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
Peter RothenaicherBaader Helvea Equity Research
Rene RückertBaader Helvea Equity Research
Marta BruskaBaader Helvea Equity Research