BVZ Holding AG (BVZN) AI Stock Analysis

• Market Cap: CHF256.46M
• Dividend Yield: 1.51%
• Average Volume (3M): 59.00
• Price to Earnings (P/E): 10.3
• Beta (1Y): 0.12
• Revenue Growth: 2.43%
• EPS Growth: 9.82%
• Country: CH
• Employees: 694
• Sector: Financial
• Sector Strength: 70
• Industry: Railroads
• EPS (TTM): 55.25
• Shares Outstanding: 197,278
• 10 Day Avg. Volume: 25
• 30 Day Avg. Volume: 59
• PEG Ratio: -0.46
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 1.04
• P/FCF Ratio: 5.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: CHF1,421.00 ▲(13.68% Upside)

BVZ Holding AG's overall stock score is driven by its strong valuation and positive technical indicators. However, financial performance concerns, particularly in revenue growth and cash flow management, temper the score. The absence of recent earnings call insights or notable corporate events means these factors do not influence the score.

Positive Factors

EBIT/EBITDA Margin

Sustained positive EBIT and EBITDA margins indicate enduring operational efficiency and cost control in core rail operations. This supports cash generation capacity and provides margin resilience against cyclical revenue swings, enabling reinvestment in rolling stock and service quality over the medium term.

Stable Equity Position

A stable equity base and moderate equity ratio provide a durable capital buffer that supports investment in infrastructure and service expansion. This structural strength improves credit access and cushions the business against operating shocks, helping sustain long-term transport operations and partnerships.

EPS Growth

Nearly 10% EPS growth suggests improving bottom-line performance and operating leverage within the business. Persistent earnings gains can fund capital expenditure, maintenance and modest shareholder distributions, enhancing financial flexibility and supporting strategic initiatives in a capital-intensive industry.

Negative Factors

High Leverage

Elevated debt levels increase interest and refinancing risk, reducing financial flexibility in a capital-intensive rail business. High leverage can constrain investment, magnify cash-flow stress during downturns, and raise funding costs, making long-term modernization or route expansion harder without deleveraging.

Negative Free Cash Flow Trend

A declining and negative free cash flow trend signals persistent liquidity strain that undermines the company's ability to self-fund maintenance, fleet renewal or network upgrades. Over months, this can force external financing, delay strategic projects, or pressure operational reliability.

Gross Margin Decline & Revenue Weakness

A meaningful drop in gross margin combined with weakening top-line growth points to structural pricing or cost pressures and potential competitive or demand erosion. Persisting, these trends can compress long-term profitability, hinder reinvestment capacity, and impair the company's ability to sustain service quality.

BVZ Holding AG Business Overview & Revenue Model

Company Description

BVZ Holding AG, through its subsidiaries, provides rail-related services. The company offers public transport, rolling stock, and maintenance services; tourism services; and automobile and freight transport services. It also engages in the management, infrastructure, and real estate activities. The company was founded in 1891 and is based in Brig, Switzerland.

How the Company Makes Money

BVZ Holding AG generates revenue primarily through the operation of its train services, which include ticket sales from passengers and freight transport contracts. The company also earns income from partnerships with local governments and municipalities for public transportation services, often receiving subsidies for operating essential routes. Additionally, BVZ engages in infrastructure projects, which can provide significant returns on investment through government contracts and public-private partnerships. The stable demand for regional transport services, coupled with strategic collaborations, contributes to its financial performance.

BVZ Holding AG Financial Statement Overview

Summary

BVZ Holding AG shows mixed financial performance. Strong profitability margins are offset by negative revenue growth and high leverage. The declining free cash flow trend is concerning, indicating potential liquidity issues.

Income Statement

The income statement shows mixed results. While the company has maintained a positive EBIT and EBITDA margin, the gross profit margin has significantly decreased from previous years, indicating potential cost management issues. The net profit margin remains healthy, but the revenue growth rate has turned negative, suggesting challenges in maintaining top-line growth.

Balance Sheet

The balance sheet reflects a stable equity position with a moderate equity ratio. However, the debt-to-equity ratio is relatively high, indicating significant leverage, which could pose risks if not managed carefully. Return on equity has decreased, reflecting a decline in profitability relative to shareholder investment.

Cash Flow

Cash flow analysis reveals concerns, particularly with free cash flow, which has been negative and shows a declining growth trend. The operating cash flow to net income ratio is close to 1, indicating that operating cash flow is closely aligned with net income, but the free cash flow to net income ratio is low, highlighting potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	176.47M	169.39M	199.32M	177.25M	139.16M	121.19M
Gross Profit	64.55M	18.62M	63.39M	49.20M	26.85M	10.14M
EBITDA	71.47M	68.22M	69.02M	51.39M	29.46M	16.45M
Net Income	24.87M	21.58M	26.26M	20.59M	3.59M	-7.03M
Balance Sheet
Total Assets	699.73M	700.36M	693.04M	564.77M	443.20M	403.34M
Cash, Cash Equivalents and Short-Term Investments	71.87M	74.26M	59.06M	40.30M	15.90M	19.59M
Total Debt	388.88M	399.78M	417.82M	314.19M	232.70M	193.94M
Total Liabilities	436.12M	445.38M	457.96M	356.28M	257.64M	221.49M
Stockholders Equity	240.78M	233.44M	214.91M	191.61M	171.62M	168.04M
Cash Flow
Free Cash Flow	26.19M	33.08M	-86.60M	-57.28M	-44.73M	-47.84M
Operating Cash Flow	54.03M	60.79M	61.44M	62.85M	13.89M	6.76M
Investing Cash Flow	-27.78M	-27.48M	-144.52M	-115.09M	-56.34M	-44.20M
Financing Cash Flow	-19.33M	-18.11M	101.84M	76.64M	38.76M	15.41M

BVZ Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1250.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:BVZN, the sentiment is Positive. The current price of 1250 is above the 20-day moving average (MA) of 1193.00, above the 50-day MA of 1122.60, and above the 200-day MA of 1026.79, indicating a bullish trend. The MACD of 50.17 indicates Negative momentum. The RSI at 75.55 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:BVZN.

BVZ Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BVZN	72 Outperform	CHF256.46M	10.31	―	1.51%	2.43%	9.82%
JFN	69 Neutral	CHF1.59B	20.66	10.92%	2.68%	5.88%	-1.53%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SRAIL	58 Neutral	CHF1.97B	62.43	―	1.00%	-6.87%	-74.29%