Company Valuation: Swiss Estates AG

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 15.12 15.66 15.51 19.14 11.2 10.44
Change - 3.59% -0.99% 23.44% -41.5% -6.77%
Enterprise Value (EV) 1 121.5 121.4 130.9 137.9 103.2 102.5
Change - -0.08% 7.86% 5.37% -25.2% -0.67%
P/E 4.82x 1.83x 5.05x -5.49x -1.56x 3.97x
PBR 0.35x 0.3x 0.3x 0.32x 0.21x 0.2x
PEG - 0x -0.1x 0x -0x -0x
Capitalization / Revenue 2.61x 2.87x 2.52x 2.96x 1.64x 1.99x
EV / Revenue 20.9x 22.3x 21.3x 21.4x 15.1x 19.5x
EV / EBITDA 42.9x 43.5x 40.4x 38x 27.9x 34.4x
EV / EBIT 43.1x 43.7x 40.6x 38.2x 28x 34.5x
EV / FCF 515x 202x 70.3x 106x -21.9x 45.1x
FCF Yield 0.19% 0.5% 1.42% 0.95% -4.57% 2.22%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.8091 2.209 0.7916 -0.7655 -1.606 0.6045
Distribution rate - - - - - -
Net sales 1 5.802 5.448 6.154 6.456 6.836 5.248
EBITDA 1 2.83 2.79 3.239 3.632 3.692 2.977
EBIT 1 2.82 2.776 3.225 3.615 3.683 2.969
Net income 1 3.136 8.564 3.608 -3.429 -6.987 2.885
Net Debt 1 106.3 105.7 115.4 118.8 91.98 92.05
Reference price 2 3.900 4.040 4.000 4.200 2.500 2.400
Nbr of stocks (in thousands) 3,877 3,877 3,877 4,558 4,479 4,350
Announcement Date 30/04/21 29/04/22 24/05/23 07/06/24 30/05/25 15/05/26
1CHF in Million2CHF
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
63.94x - - - 68.62B
12.31x4.33x11.1x3.91% 38.98B
19.16x4.11x16.52x1.28% 29.75B
5.51x0.69x1.44x8.98% 26.81B
8.05x1.47x8.24x4.4% 26.82B
14.62x3.17x15.16x2.39% 27.15B
8.63x3.06x7.13x-.--% 20.44B
9.79x1.91x7.87x4.29% 19.69B
13.6x6.51x17.12x1.6% 19.62B
Average 17.29x 3.16x 10.57x 3.36% 30.88B
Weighted average by Cap. 24.59x 3.17x 10.67x 3.49%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Swiss Estates AG

Historical PBR trend

Valuation ratios - PBR - Swiss Estates AG

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Swiss Estates AG

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Swiss Estates AG