PSP Swiss Property AG Logo

PSP Swiss Property AG

PSPN.SW

(3.2)
Stock Price

122,70 CHF

2.07% ROA

4% ROE

26.7x PER

Market Cap.

5.375.717.880,00 CHF

37.41% DER

3.24% Yield

56.35% NPM

PSP Swiss Property AG Stock Analysis

PSP Swiss Property AG Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

PSP Swiss Property AG Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (1x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (44%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Dividend Growth

The company has demonstrated exceptional dividend growth over the past five years, consistently increasing payouts to shareholders year after year.

5 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

6 ROE

ROE in an average range (3.47%) suggests satisfactory profitability and decent utilization of shareholders' equity.

7 ROA

The stock's ROA (1.84%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (194), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

11 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

PSP Swiss Property AG Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

PSP Swiss Property AG Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

PSP Swiss Property AG Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

PSP Swiss Property AG Revenue
Year Revenue Growth
2002 268.632.000
2003 158.944.000 -69.01%
2004 263.160.000 39.6%
2005 257.984.000 -2.01%
2006 250.435.000 -3.01%
2007 254.526.000 1.61%
2008 395.168.000 35.59%
2009 395.927.000 0.19%
2010 454.396.000 12.87%
2011 616.561.000 26.3%
2012 338.013.000 -82.41%
2013 360.648.000 6.28%
2014 367.089.000 1.75%
2015 300.130.000 -22.31%
2016 368.333.000 18.52%
2017 319.684.000 -15.22%
2018 311.759.000 -2.54%
2019 351.011.000 11.18%
2020 342.939.000 -2.35%
2021 384.775.000 10.87%
2022 409.688.000 6.08%
2023 366.916.000 -11.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

PSP Swiss Property AG Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

PSP Swiss Property AG General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 33.196.000
2003 34.142.000 2.77%
2004 26.183.000 -30.4%
2005 14.498.000 -80.6%
2006 10.895.000 -33.07%
2007 12.641.000 13.81%
2008 10.047.000 -25.82%
2009 39.398.000 74.5%
2010 37.189.000 -5.94%
2011 6.892.000 -439.6%
2012 6.846.000 -0.67%
2013 6.619.000 -3.43%
2014 6.523.000 -1.47%
2015 6.759.000 3.49%
2016 7.225.000 6.45%
2017 6.497.000 -11.21%
2018 7.092.000 8.39%
2019 7.482.000 5.21%
2020 6.797.000 -10.08%
2021 7.687.000 11.58%
2022 7.421.000 -3.58%
2023 9.184.000 19.2%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

PSP Swiss Property AG EBITDA
Year EBITDA Growth
2002 221.112.000
2003 104.746.000 -111.09%
2004 251.936.000 58.42%
2005 228.457.000 -10.28%
2006 281.921.000 18.96%
2007 353.183.000 20.18%
2008 338.471.000 -4.35%
2009 343.470.000 1.46%
2010 404.986.000 15.19%
2011 563.954.000 28.19%
2012 506.108.000 -11.43%
2013 370.999.000 -36.42%
2014 246.478.000 -50.52%
2015 267.023.000 7.69%
2016 192.741.000 -38.54%
2017 326.343.000 40.94%
2018 409.077.000 20.22%
2019 514.025.000 20.42%
2020 373.182.000 -37.74%
2021 752.688.000 50.42%
2022 417.573.000 -80.25%
2023 401.908.000 -3.9%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

PSP Swiss Property AG Gross Profit
Year Gross Profit Growth
2002 268.632.000
2003 158.944.000 -69.01%
2004 251.554.000 36.82%
2005 233.403.000 -7.78%
2006 211.643.000 -10.28%
2007 215.314.000 1.7%
2008 395.168.000 45.51%
2009 395.927.000 0.19%
2010 454.396.000 12.87%
2011 575.477.000 21.04%
2012 258.774.000 -122.39%
2013 265.565.000 2.56%
2014 261.922.000 -1.39%
2015 256.776.000 -2%
2016 268.792.000 4.47%
2017 267.254.000 -0.58%
2018 267.140.000 -0.04%
2019 294.310.000 9.23%
2020 292.583.000 -0.59%
2021 312.940.000 6.51%
2022 316.688.000 1.18%
2023 327.700.000 3.36%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

PSP Swiss Property AG Net Profit
Year Net Profit Growth
2002 152.513.000
2003 59.425.000 -156.65%
2004 182.961.000 67.52%
2005 143.293.000 -27.68%
2006 225.278.000 36.39%
2007 291.175.000 22.63%
2008 224.030.000 -29.97%
2009 231.214.000 3.11%
2010 280.825.000 17.67%
2011 403.994.000 30.49%
2012 368.631.000 -9.59%
2013 270.993.000 -36.03%
2014 175.346.000 -54.55%
2015 187.726.000 6.59%
2016 134.867.000 -39.19%
2017 257.403.000 47.6%
2018 308.152.000 16.47%
2019 453.425.000 32.04%
2020 292.091.000 -55.23%
2021 595.022.000 50.91%
2022 329.960.000 -80.33%
2023 313.712.000 -5.18%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

PSP Swiss Property AG Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 5
2003 2 -400%
2004 4 75%
2005 3 -33.33%
2006 5 25%
2007 7 33.33%
2008 5 -20%
2009 6 0%
2010 7 16.67%
2011 9 33.33%
2012 8 -12.5%
2013 6 -60%
2014 4 -66.67%
2015 4 25%
2016 3 -100%
2017 6 60%
2018 7 16.67%
2019 10 33.33%
2020 6 -50%
2021 13 50%
2022 7 -71.43%
2023 7 -16.67%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

PSP Swiss Property AG Free Cashflow
Year Free Cashflow Growth
2002 127.744.000
2003 67.470.000 -89.33%
2004 82.030.000 17.75%
2005 143.310.000 42.76%
2006 128.324.000 -11.68%
2007 102.586.000 -25.09%
2008 140.085.000 26.77%
2009 96.528.000 -45.12%
2010 8.660.000 -1014.64%
2011 74.380.000 88.36%
2012 47.116.000 -57.87%
2013 119.421.000 60.55%
2014 113.338.000 -5.37%
2015 62.549.000 -81.2%
2016 96.509.000 35.19%
2017 86.199.000 -11.96%
2018 101.924.000 15.43%
2019 127.066.000 19.79%
2020 75.994.000 -67.21%
2021 139.334.000 45.46%
2022 166.463.000 16.3%
2023 47.049.000 -253.81%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

PSP Swiss Property AG Operating Cashflow
Year Operating Cashflow Growth
2002 128.636.000
2003 69.144.000 -86.04%
2004 82.884.000 16.58%
2005 144.078.000 42.47%
2006 131.498.000 -9.57%
2007 103.060.000 -27.59%
2008 161.161.000 36.05%
2009 143.574.000 -12.25%
2010 144.657.000 0.75%
2011 173.793.000 16.76%
2012 140.290.000 -23.88%
2013 194.108.000 27.73%
2014 226.004.000 14.11%
2015 183.369.000 -23.25%
2016 205.380.000 10.72%
2017 173.499.000 -18.38%
2018 207.660.000 16.45%
2019 241.935.000 14.17%
2020 209.766.000 -15.34%
2021 297.495.000 29.49%
2022 316.442.000 5.99%
2023 73.920.000 -328.09%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

PSP Swiss Property AG Capital Expenditure
Year Capital Expenditure Growth
2002 892.000
2003 1.674.000 46.71%
2004 854.000 -96.02%
2005 768.000 -11.2%
2006 3.174.000 75.8%
2007 474.000 -569.62%
2008 21.076.000 97.75%
2009 47.046.000 55.2%
2010 135.997.000 65.41%
2011 99.413.000 -36.8%
2012 93.174.000 -6.7%
2013 74.687.000 -24.75%
2014 112.666.000 33.71%
2015 120.820.000 6.75%
2016 108.871.000 -10.98%
2017 87.300.000 -24.71%
2018 105.736.000 17.44%
2019 114.869.000 7.95%
2020 133.772.000 14.13%
2021 158.161.000 15.42%
2022 149.979.000 -5.46%
2023 26.871.000 -458.14%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

PSP Swiss Property AG Equity
Year Equity Growth
2002 1.524.995.000
2003 1.561.112.000 2.31%
2004 2.285.237.000 31.69%
2005 2.408.614.000 5.12%
2006 2.547.047.000 5.44%
2007 2.534.754.000 -0.48%
2008 2.587.693.000 2.05%
2009 2.741.394.000 5.61%
2010 2.942.902.000 6.85%
2011 3.268.894.000 9.97%
2012 3.698.934.000 11.63%
2013 3.839.231.000 3.65%
2014 3.840.795.000 0.04%
2015 3.870.473.000 0.77%
2016 3.866.754.000 -0.1%
2017 3.988.560.000 3.05%
2018 4.156.908.000 4.05%
2019 4.450.220.000 6.59%
2020 4.579.166.000 2.82%
2021 5.019.087.000 8.76%
2022 5.198.378.000 3.45%
2023 5.176.208.000 -0.43%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

PSP Swiss Property AG Assets
Year Assets Growth
2002 3.035.599.000
2003 3.012.579.000 -0.76%
2004 4.380.094.000 31.22%
2005 4.714.763.000 7.1%
2006 4.891.176.000 3.61%
2007 5.133.839.000 4.73%
2008 5.272.189.000 2.62%
2009 5.304.607.000 0.61%
2010 5.589.187.000 5.09%
2011 6.050.916.000 7.63%
2012 6.354.173.000 4.77%
2013 6.541.812.000 2.87%
2014 6.684.665.000 2.14%
2015 6.791.923.000 1.58%
2016 7.041.368.000 3.54%
2017 7.384.243.000 4.64%
2018 7.619.283.000 3.08%
2019 8.036.244.000 5.19%
2020 8.665.045.000 7.26%
2021 9.182.479.000 5.64%
2022 9.483.866.000 3.18%
2023 9.729.257.000 2.52%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

PSP Swiss Property AG Liabilities
Year Liabilities Growth
2002 1.510.604.000
2003 1.451.467.000 -4.07%
2004 2.094.857.000 30.71%
2005 2.306.149.000 9.16%
2006 2.344.129.000 1.62%
2007 2.599.085.000 9.81%
2008 2.684.496.000 3.18%
2009 2.563.213.000 -4.73%
2010 2.646.285.000 3.14%
2011 2.782.022.000 4.88%
2012 2.655.239.000 -4.77%
2013 2.702.581.000 1.75%
2014 2.843.870.000 4.97%
2015 2.921.450.000 2.66%
2016 3.174.614.000 7.97%
2017 3.395.683.000 6.51%
2018 3.462.375.000 1.93%
2019 3.586.024.000 3.45%
2020 4.085.879.000 12.23%
2021 4.163.392.000 1.86%
2022 4.285.488.000 2.85%
2023 4.553.049.000 5.88%

PSP Swiss Property AG Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
7.99
Net Income per Share
4.39
Price to Earning Ratio
26.7x
Price To Sales Ratio
14.68x
POCF Ratio
20.65
PFCF Ratio
44.34
Price to Book Ratio
1.04
EV to Sales
19.89
EV Over EBITDA
32.91
EV to Operating CashFlow
27.99
EV to FreeCashFlow
60.1
Earnings Yield
0.04
FreeCashFlow Yield
0.02
Market Cap
5,38 Bil.
Enterprise Value
7,29 Bil.
Graham Number
105.57
Graham NetNet
-308.54

Income Statement Metrics

Net Income per Share
4.39
Income Quality
1.29
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
1.83
EBT Per Ebit
0.49
Ebit per Revenue
0.62
Effective Tax Rate
-0.83

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.88
Operating Profit Margin
0.62
Pretax Profit Margin
0.31
Net Profit Margin
0.56

Dividends

Dividend Yield
0.03
Dividend Yield %
3.24
Payout Ratio
0
Dividend Per Share
3.8

Operating Metrics

Operating Cashflow per Share
5.68
Free CashFlow per Share
2.64
Capex to Operating CashFlow
-0.53
Capex to Revenue
-0.38
Capex to Depreciation
-122.48
Return on Invested Capital
0.03
Return on Tangible Assets
0.02
Days Sales Outstanding
30.22
Days Payables Outstanding
233.98
Days of Inventory on Hand
136.64
Receivables Turnover
12.08
Payables Turnover
1.56
Inventory Turnover
2.67
Capex per Share
-3.03

Balance Sheet

Cash per Share
-209,95
Book Value per Share
112,85
Tangible Book Value per Share
112.85
Shareholders Equity per Share
112.85
Interest Debt per Share
42.63
Debt to Equity
0.37
Debt to Assets
0.2
Net Debt to EBITDA
8.63
Current Ratio
0.13
Tangible Asset Value
5,18 Bil.
Net Current Asset Value
-4,48 Bil.
Invested Capital
0.37
Working Capital
-0,50 Bil.
Intangibles to Total Assets
0
Average Receivables
0,03 Bil.
Average Payables
0,03 Bil.
Average Inventory
14096500
Debt to Market Cap
0.36

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

PSP Swiss Property AG Dividends
Year Dividends Growth
2002 5
2003 6 16.67%
2004 7 0%
2012 3 -100%
2013 3 0%
2014 3 0%
2015 3 0%
2016 3 0%
2017 3 0%
2018 3 0%
2019 4 0%
2020 4 0%
2021 4 0%
2022 4 0%
2023 4 0%

PSP Swiss Property AG Profile

About PSP Swiss Property AG

PSP Swiss Property AG, together with its subsidiaries, owns and operates real estate properties in Switzerland. It operates through Real Estate Investments and Property Management segments. The company owns, operates, and leases office, retail, gastronomy, and parking spaces. It owns 158 office and commercial properties, and 18 development sites and individual projects in Zurich, Geneva, Basel, Bern, and Lausanne. The company was founded in 1999 and is based in Zug, Switzerland.

CEO
Mr. Giacomo Balzarini MBA
Employee
90
Address
Kolinplatz 2
Zug, 6300

PSP Swiss Property AG Executives & BODs

PSP Swiss Property AG Executives & BODs
# Name Age
1 Dr. Ronald Ruepp
Secretary of the Board
70
2 Mr. Giacomo Balzarini MBA
Chief Executive Officer, Chief Financial Officer & Member of the Executive Board
70
3 Mr. Martin Heggli
Chief Operating Officer & Member of the Executive Board
70
4 Mr. Reto Grunder
Chief Investment Officer & Member of the Executive Board
70
5 Mr. Vasco Cecchini
Chief Communications Officer & Head of IR
70

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