PSP Swiss Property AG (PSPN) AI Stock Analysis

• Market Cap: CHF6.70B
• Dividend Yield: 2.74%
• Average Volume (3M): 71.17K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 0.14
• Revenue Growth: -1.14%
• EPS Growth: 46.84%
• Country: CH
• Employees: 77
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 1.29
• Shares Outstanding: 45,867,893
• 10 Day Avg. Volume: 66,789
• 30 Day Avg. Volume: 71,170
• PEG Ratio: 0.20
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 16.06
• P/FCF Ratio: 48.70
• 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: CHF146.50
• Price Target Upside: 0.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: CHF156.00 ▲(6.78% Upside)

PSP Swiss Property AG's overall stock score is driven by its strong financial performance and fair valuation. The company's profitability and solid equity position are key strengths, while technical indicators suggest a stable outlook. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Strong Profitability

The exceptionally high profit margins indicate effective cost management and pricing power, contributing to long-term financial stability.

Solid Equity Position

A strong equity base provides financial resilience and flexibility, enabling the company to withstand economic fluctuations and invest in growth opportunities.

Free Cash Flow Growth

Growing free cash flow enhances the company's ability to fund operations, reduce debt, and invest in future growth, supporting long-term sustainability.

Negative Factors

Revenue Growth Volatility

Volatile revenue growth can indicate challenges in maintaining consistent sales performance, potentially impacting long-term financial predictability.

Moderate Leverage

While leverage is moderate, any increase in debt levels could strain financial resources, affecting the company's ability to invest in growth or weather downturns.

Cash Generation Efficiency

Improving cash generation efficiency is crucial for sustaining operations and funding strategic initiatives, as current levels suggest potential constraints in cash flow management.

PSP Swiss Property AG Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

PSP Swiss Property AG generates revenue primarily through rental income from its diversified portfolio of properties, which includes office buildings, retail spaces, and residential units. The company benefits from long-term lease agreements with reputable tenants, providing a stable stream of cash flow. Additionally, PSPN engages in property development and redevelopment projects, which can lead to significant capital appreciation and increased rental income upon completion. The company may also realize profits through the sale of non-core or underperforming assets. Strategic partnerships with local businesses and municipalities further enhance its ability to identify lucrative investment opportunities, thus contributing to its overall earnings.

PSP Swiss Property AG Financial Statement Overview

Summary

PSP Swiss Property AG demonstrates strong profitability with high margins and a stable financial position. However, declining revenue growth and fluctuating cash flow metrics suggest potential areas for improvement.

Income Statement

PSP Swiss Property AG shows strong profitability with high gross and net profit margins, particularly in the TTM period. However, the company has experienced a decline in revenue growth over the past periods, which could be a concern for future revenue stability. The EBIT and EBITDA margins are robust, indicating efficient operational management.

Balance Sheet

The company's balance sheet reflects a stable financial position with a moderate debt-to-equity ratio, which has improved in the TTM period. Return on equity is satisfactory, showing the company's ability to generate profits from shareholders' equity. The equity ratio indicates a solid capital structure, although there is room for improvement in leveraging equity more effectively.

Cash Flow

Cash flow analysis reveals a positive trend in free cash flow growth in the TTM period, although historical fluctuations are evident. The operating cash flow to net income ratio suggests that the company is generating adequate cash from operations relative to its net income. However, the free cash flow to net income ratio indicates that a significant portion of net income is not translating into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	359.91M	368.14M	372.81M	409.69M	384.77M	342.94M
Gross Profit	339.04M	343.29M	326.97M	316.69M	312.94M	292.58M
EBITDA	535.82M	488.97M	138.30M	292.19M	287.17M	271.05M
Net Income	408.49M	374.95M	207.59M	329.96M	595.02M	292.09M
Balance Sheet
Total Assets	10.12B	9.92B	9.79B	9.48B	9.18B	8.67B
Cash, Cash Equivalents and Short-Term Investments	100.92M	56.97M	141.68M	20.74M	20.38M	32.34M
Total Debt	2.29B	3.38B	3.47B	1.95B	1.94B	2.04B
Total Liabilities	4.62B	4.51B	4.57B	4.29B	4.16B	4.09B
Stockholders Equity	5.49B	5.41B	5.22B	5.20B	5.02B	4.58B
Cash Flow
Free Cash Flow	149.24M	121.39M	276.71M	166.46M	139.33M	75.99M
Operating Cash Flow	237.94M	212.96M	276.90M	316.44M	297.50M	209.77M
Investing Cash Flow	-34.45M	-38.14M	-353.61M	-222.14M	-105.04M	-490.96M
Financing Cash Flow	-125.26M	-259.53M	197.65M	-93.94M	-204.41M	293.86M

PSP Swiss Property AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 146.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:PSPN, the sentiment is Positive. The current price of 146.1 is above the 20-day moving average (MA) of 141.41, above the 50-day MA of 140.68, and above the 200-day MA of 139.54, indicating a bullish trend. The MACD of 0.98 indicates Negative momentum. The RSI at 66.69 is Neutral, neither overbought nor oversold. The STOCH value of 80.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:PSPN.

PSP Swiss Property AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSPN	72 Outperform	CHF6.70B	16.41	―	2.74%	-1.14%	46.84%
ALLN	72 Outperform	$3.44B	13.22	9.87%	3.45%	6.79%	196.21%
PLAN	70 Outperform	CHF867.33M	15.62	7.56%	2.16%	27.85%	89.97%
NREN	68 Neutral	CHF402.77M	13.39	―	3.52%	45.30%	823.48%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SPSN	62 Neutral	$10.12B	27.42	5.24%	2.83%	-6.88%	90.76%

PSP Swiss Property AG Corporate Events

PSP Swiss Property AG Reports Strong Q3 2025 Results Amid Stable Market Conditions

PSP Swiss Property AG reported solid results for the first three quarters of 2025, reflecting a robust portfolio development. The Swiss rental market for commercial properties remained stable, with high demand for quality office spaces in central locations. The company’s portfolio appreciated significantly, contributing to a 14.8% increase in net profit. Despite a slight decline in property income and profit without property gains, the company’s strategic focus on prime locations and sustainable properties has positioned it well in the market.

The most recent analyst rating on (CH:PSPN) stock is a Hold with a CHF148.00 price target. To see the full list of analyst forecasts on PSP Swiss Property AG stock, see the CH:PSPN Stock Forecast page.