Financials Swiss Life Holding AG

Equities

SLHN

CH0014852781

Life & Health Insurance

Market Closed - Swiss Exchange 09:01:30 26/04/2024 pm IST 5-day change 1st Jan Change
617.8 CHF +0.91% Intraday chart for Swiss Life Holding AG +1.08% +5.79%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 16,117 12,493 17,502 14,698 17,804 - -
Enterprise Value (EV) 1 16,117 12,493 17,502 14,698 17,804 17,804 17,804
P/E ratio 13.3 x 12.6 x 14 x 9.98 x 15.6 x 14.6 x 13.7 x
Yield 4.12% 5.09% 4.47% 5.24% 5.75% 6.24% 6.18%
Capitalization / Revenue 0.66 x 0.57 x 0.79 x 0.69 x 1.05 x 1.27 x 1.26 x
EV / Revenue 0.66 x 0.57 x 0.79 x 0.69 x 1.05 x 1.27 x 1.26 x
EV / EBITDA - - - - - - -
EV / FCF - 29.7 x 84.6 x 15.9 x 14.1 x 13.4 x 13 x
FCF Yield - 3.37% 1.18% 6.3% 7.09% 7.44% 7.68%
Price to Book 1 x 0.78 x 1.05 x 1.52 x 2.29 x 2.26 x 2.28 x
Nbr of stocks (in thousands) 33,176 30,293 31,309 30,826 28,819 - -
Reference price 2 485.8 412.4 559.0 476.8 617.8 617.8 617.8
Announcement Date 28/02/20 02/03/21 01/03/22 02/03/23 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net sales 1 24,320 21,728 22,219 21,358 17,016 13,999 14,125
EBITDA - - - - - - -
EBIT 1 1,651 1,472 1,783 2,054 1,613 1,666 1,750
Operating Margin 6.79% 6.77% 8.02% 9.62% 9.48% 11.9% 12.39%
Earnings before Tax (EBT) 1 1,528 1,351 1,663 1,934 1,430 1,522 1,607
Net income 1 1,199 1,046 1,247 1,449 1,122 1,160 1,214
Net margin 4.93% 4.81% 5.61% 6.78% 6.6% 8.29% 8.6%
EPS 2 36.48 32.78 39.93 47.76 39.66 42.18 45.26
Free Cash Flow 1 - 421 207 926 1,262 1,325 1,368
FCF margin - 1.94% 0.93% 4.34% 7.42% 9.46% 9.68%
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - 40.25% 16.6% 63.91% 112.44% 114.19% 112.65%
Dividend per Share 2 20.00 21.00 25.00 25.00 35.54 38.54 38.20
Announcement Date 28/02/20 02/03/21 01/03/22 02/03/23 - - -
1CHF in Million2CHF
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2023 S1
Net sales - - - -
EBITDA - - - -
EBIT 821 780 889 -
Operating Margin - - - -
Earnings before Tax (EBT) - - 814 -
Net income 1 - 537 618 619
Net margin - - - -
EPS - - - -
Dividend per Share - - - -
Announcement Date 28/02/20 13/08/20 17/08/21 07/09/23
1CHF in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - 421 207 926 1,262 1,325 1,368
ROE (net income / shareholders' equity) 7.66% 6.4% 11% 11.5% 13.2% 13.8% 12.9%
ROA (Net income/ Total Assets) 0.54% 0.45% 0.52% 0.63% 0.5% 0.5% 0.5%
Assets 1 2,20,526 2,32,962 2,38,889 2,30,000 2,24,465 2,32,061 2,42,876
Book Value Per Share 2 486.0 527.0 531.0 313.0 270.0 273.0 271.0
Cash Flow per Share - - - - - - -
Capex 1 - 43 - - 55 56 57
Capex / Sales - 0.2% - - 0.32% 0.4% 0.4%
Announcement Date 28/02/20 02/03/21 01/03/22 02/03/23 - - -
1CHF in Million2CHF
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
617.8 CHF
Average target price
627.6 CHF
Spread / Average Target
+1.59%
Consensus

Annual profits - Rate of surprise

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  2. Equities
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  4. Financials Swiss Life Holding AG