Helvetia Holding AG (HELN) AI Stock Analysis

• Market Cap: CHF10.41B
• Dividend Yield: 3.46%
• Average Volume (3M): 73.87K
• Price to Earnings (P/E): 19.1
• Beta (1Y): 0.57
• Revenue Growth: -1.57%
• EPS Growth: 95.56%
• Country: CH
• Employees: 11,915
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 5.40
• Shares Outstanding: 53,025,684
• 10 Day Avg. Volume: 81,630
• 30 Day Avg. Volume: 73,871
• PEG Ratio: 0.23
• Price to Book (P/B): 1.91
• Price to Sales (P/S): 0.70
• P/FCF Ratio: -66.84
• 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: CHF213.00
• Price Target Upside: 8.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 56 Neutral
• Price Target: CHF202.00 ▲(2.90% Upside)

Helvetia Holding AG's overall stock score reflects a combination of strong revenue growth and fair valuation, tempered by bearish technical indicators and challenges in profitability and cash flow. The earnings call provided a positive outlook, but operational challenges remain a concern.

Helvetia Holding AG Business Overview & Revenue Model

Company Description

Helvetia Holding AG, through its subsidiaries, engages in life and non-life insurance, and reinsurance business in Switzerland, Germany, Austria, Spain, Italy, France, Liechtenstein, and internationally. It offers life insurance products in the areas of investment-linked, group life, and others; non-life insurance products in the areas of property, motor vehicle, health/accident, liability, and transport; and annuity insurance products and pension plans. The company was founded in 1858 and is headquartered in Sankt Gallen, Switzerland.

How the Company Makes Money

Helvetia Holding AG generates revenue primarily through its insurance premiums collected from policyholders in various segments, including life insurance, property and casualty insurance, and health insurance. The company also earns income from investment activities, including returns on investments made with the premiums collected. Key revenue streams include underwriting results from insurance operations and investment income from a diversified portfolio of assets. Additionally, Helvetia may engage in strategic partnerships with other financial institutions and service providers, enhancing its product offerings and market reach, thereby contributing to its overall earnings.

Helvetia Holding AG Financial Statement Overview

Summary

Helvetia Holding AG's financial performance is mixed. Strong revenue growth is offset by moderate profitability and negative cash flow trends. The balance sheet shows stability but with some leverage concerns. Overall, financial health needs improvement, particularly in cash flow generation.

Income Statement

Helvetia Holding AG has shown a mixed performance on its income statement. The gross profit margin remains robust at 100%, indicating effective revenue management. However, the net profit margin of 4.29% in 2024 reflects moderate profitability. The revenue growth rate from 2023 to 2024 was a strong 21.66%, highlighting positive growth momentum. The absence of EBIT in 2024 is a concern, although the EBITDA margin of 7.35% suggests stable operational efficiency. Despite some profitability challenges, the revenue trajectory is promising.

Balance Sheet

The balance sheet of Helvetia Holding AG indicates moderate stability. The debt-to-equity ratio is 0.48, which is manageable and indicates a balanced approach to leverage. The company's return on equity (ROE) is 11.65%, showcasing a reasonable return on shareholder investment. With an equity ratio of 6.78%, the company maintains a moderate equity base relative to its total assets. Overall, the balance sheet reflects a stable financial position with some leverage but reasonable returns.

Cash Flow

Helvetia Holding AG faces challenges in its cash flow statement. The significant decline in free cash flow from 2023 to 2024 indicates a concerning trend, with a negative free cash flow of -118.2 million in 2024. The operating cash flow to net income ratio is low, suggesting potential issues in cash generation relative to reported profits. The free cash flow to net income ratio is also negative, highlighting inefficiencies in converting profit to free cash flow. Overall, the cash flow position requires improvement to enhance financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.79B	11.22B	9.23B	10.14B	12.31B	10.43B
Gross Profit	4.83B	11.22B	10.48B	10.14B	12.31B	10.43B
EBITDA	838.90M	824.90M	653.80M	720.70M	1.00B	513.40M
Net Income	392.30M	481.80M	283.20M	438.80M	497.20M	264.80M
Balance Sheet
Total Assets	60.05B	60.96B	61.49B	59.99B	70.01B	70.31B
Cash, Cash Equivalents and Short-Term Investments	0.00	2.10B	2.76B	2.38B	1.86B	1.85B
Total Debt	2.43B	2.00B	1.99B	2.86B	2.88B	3.06B
Total Liabilities	55.78B	56.52B	55.10B	56.21B	63.60B	63.91B
Stockholders Equity	3.96B	4.14B	3.81B	3.46B	5.93B	5.91B
Cash Flow
Free Cash Flow	113.60M	-118.20M	907.30M	807.70M	993.30M	-642.60M
Operating Cash Flow	149.40M	42.90M	1.01B	923.20M	1.11B	-521.10M
Investing Cash Flow	31.10M	-149.90M	-131.40M	-1.00B	-983.90M	-588.00M
Financing Cash Flow	-500.50M	-370.10M	-406.50M	-185.70M	-472.20M	646.00M

Helvetia Holding AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 196.30
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:HELN, the sentiment is Negative. The current price of 196.3 is below the 20-day moving average (MA) of 198.70, below the 50-day MA of 201.62, and above the 200-day MA of 177.59, indicating a neutral trend. The MACD of -1.95 indicates Positive momentum. The RSI at 40.41 is Neutral, neither overbought nor oversold. The STOCH value of 29.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:HELN.

Helvetia Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZURN	78 Outperform	78.51B	15.76	22.83%	5.06%	-7.33%	17.93%
VAHN	73 Outperform	1.80B	11.89	5.77%	3.90%	-1.58%	4.07%
SREN	70 Outperform	38.13B	12.91	14.03%	4.24%	-4.94%	―
SLHN	66 Neutral	23.67B	20.06	16.14%	4.19%	-1.65%	9.88%
BALN	64 Neutral	8.92B	20.39	10.60%	4.10%	-9.11%	―
HELN	56 Neutral	CHF10.41B	19.12	―	3.46%	-1.57%	95.56%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Helvetia Holding AG Corporate Events

Helvetia and Baloise Set Merger Completion Date for December 2025

Helvetia Holding AG and Baloise have received approval from the Swiss Competition Commission and the European Commission for their planned merger, with a completion date set for December 5, 2025. This merger, approved by shareholders in May, will see the delisting of Baloise shares and the issuance of new Helvetia Baloise shares, potentially strengthening Helvetia’s market position and expanding its international reach.

The most recent analyst rating on (CH:HELN) stock is a Hold with a CHF208.00 price target. To see the full list of analyst forecasts on Helvetia Holding AG stock, see the CH:HELN Stock Forecast page.

Helvetia Holding AG Reports Strong First Half 2025 Results

Helvetia Holding AG reported strong financial results for the first half of 2025, with a 5.5% increase in underlying earnings to CHF 300.8 million and a 24% rise in IFRS group result after taxes to CHF 320.1 million. The company attributes its success to a diversified business model, particularly in the non-life and non-insurance sectors, and is optimistic about achieving its financial goals, including a planned merger with Baloise by the end of 2025.

The most recent analyst rating on (CH:HELN) stock is a Buy with a CHF213.00 price target. To see the full list of analyst forecasts on Helvetia Holding AG stock, see the CH:HELN Stock Forecast page.

Helvetia Insurance Appoints New Group Chief Risk Officer

Helvetia Insurance has appointed Karina Schreiber as the new Group Chief Risk Officer and member of the Executive Board, effective October 1, 2025. Schreiber brings extensive international leadership experience in risk management from her previous roles at Allianz SE and other insurance companies. This strategic appointment is expected to strengthen Helvetia’s position as a reliable partner amidst evolving risks and follows the planned merger with Baloise, where Schreiber will continue in her role.

The most recent analyst rating on (CH:HELN) stock is a Hold with a CHF169.00 price target. To see the full list of analyst forecasts on Helvetia Holding AG stock, see the CH:HELN Stock Forecast page.