Swissquote Group Holding Ltd. (CH:SQN)
:SQN
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Swissquote Group Holding Ltd.
(SQN)
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Rating:69Neutral
Price Target:
CHF416.00
▲(8.56% Upside)
Action:ReiteratedDate:03/21/26
The score is driven primarily by strong financial performance (profitability, earnings expansion, and solid ROE) and supportive valuation (low P/E with a dividend). These positives are tempered by weak technicals, with the stock trading below key moving averages and negative MACD signaling a bearish trend despite near-oversold readings.
Positive Factors
High Return on Equity
Sustained high ROE (~26% in 2025) and a steadily rising equity base signal efficient capital deployment and strong franchise economics. Over 2–6 months this underpins shareholder returns, funds organic growth, and supports dividend capacity absent major adverse shocks.
Negative Factors
Free Cash Flow Volatility
Material swings in operating and free cash flow reduce predictability of internally funded investment, dividends or buybacks. Even with multi-year positive FCF, the 2025 decline highlights sensitivity to trading volumes, interest dynamics and working-capital timing, raising forecasting risk.
Read all positive and negative factors
Positive Factors
Negative Factors
High Return on Equity
Sustained high ROE (~26% in 2025) and a steadily rising equity base signal efficient capital deployment and strong franchise economics. Over 2–6 months this underpins shareholder returns, funds organic growth, and supports dividend capacity absent major adverse shocks.
Read all positive factors
Swissquote Group Holding Ltd. (SQN) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF5.68B
Dividend Yield1.22%
Average Volume (3M)41.95K
Price to Earnings (P/E)19.9
Beta (1Y)0.70
Revenue Growth18.76%
EPS Growth20.08%
CountryCH
Employees1,095
SectorFinancial
Sector Strength70
IndustryFinancial - Capital Markets
Share Statistics
EPS (TTM)13.89
Shares Outstanding15,328,170
10 Day Avg. Volume41,428
30 Day Avg. Volume41,949
Financial Highlights & Ratios
PEG Ratio0.82
Price to Book (P/B)5.19
Price to Sales (P/S)9.16
P/FCF Ratio10.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
CHF471.00Price Target Upside22.91% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)22.41
Revenue Forecast (FY)CHF757.09M
Swissquote Group Holding Ltd. Business Overview & Revenue Model
Company Description
Swissquote Group Holding Ltd, through its subsidiaries, provides a range of online financial services in Switzerland, rest of Europe, the Middle East, and the Asia Pacific. The company operates in two segments, Securities Trading and Leveraged For...
How the Company Makes Money
Swissquote primarily earns revenue from providing an online brokerage and banking platform. Key revenue streams include: (1) Brokerage and trading-related income: commissions and fees charged when clients trade financial instruments (e.g., equitie...
Swissquote Group Holding Ltd. Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
76
Positive
Cash Flow
71
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 795.52M | 664.33M | 552.29M | 408.15M | 531.30M |
| Gross Profit | 612.43M | 622.28M | 492.88M | 327.74M | 440.51M |
| EBITDA | 476.12M | -3.77M | 298.41M | 225.85M | 256.23M |
| Net Income | 366.39M | 294.17M | 217.63M | 157.39M | 193.11M |
Balance Sheet | |||||
| Total Assets | 16.05B | 13.29B | 9.96B | 10.22B | 9.05B |
| Cash, Cash Equivalents and Short-Term Investments | 5.51B | 7.88B | 4.55B | 6.12B | 5.83B |
| Total Debt | 350.36M | 10.90M | 320.53M | 13.49M | 262.94M |
| Total Liabilities | 14.65B | 12.16B | 9.06B | 9.48B | 8.44B |
| Stockholders Equity | 1.40B | 1.13B | 898.55M | 741.13M | 615.46M |
Cash Flow | |||||
| Free Cash Flow | 724.07M | 1.96B | 239.61M | 440.03M | 240.09M |
| Operating Cash Flow | 814.69M | 2.02B | 292.70M | 491.76M | 268.11M |
| Investing Cash Flow | -3.20B | -870.33M | -498.09M | -741.47M | -543.13M |
| Financing Cash Flow | 2.04B | -71.36M | -64.29M | -48.60M | 1.39B |
Swissquote Group Holding Ltd. Technical Analysis
Negative
383.20
Price Trends
416.37
Negative
447.62
Negative
477.93
Negative
Market Momentum
-9.45
Positive
38.22
Neutral
51.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:SQN, the sentiment is Negative. The current price of 383.2 is below the 20-day moving average (MA) of 400.14, below the 50-day MA of 416.37, and below the 200-day MA of 477.93, indicating a bearish trend. The MACD of -9.45 indicates Positive momentum. The RSI at 38.22 is Neutral, neither overbought nor oversold. The STOCH value of 51.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:SQN.
Swissquote Group Holding Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | CHF2.86B | 16.56 | 14.60% | 4.30% | 3.32% | 11.19% | |
69 Neutral | CHF5.68B | 19.88 | ― | 1.22% | 18.76% | 20.08% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | CHF3.74B | 5.44 | 11.11% | 4.66% | 3.80% | 15.49% | |
64 Neutral | CHF2.03B | 16.36 | 27.64% | 2.36% | 9.07% | 18.07% | |
64 Neutral | CHF4.99B | 17.97 | 9.10% | 3.15% | -0.27% | 21.41% | |
54 Neutral | CHF3.05B | 15.32 | ― | 3.34% | ― | ― |
* Financial Sector Average
CH:SQN
Swissquote Group Holding Ltd.
383.20
10.87
2.92%
CH:CFT
Compagnie Financiere Tradition SA
257.00
59.81
30.33%
CH:EFGN
EFG International AG
16.52
3.88
30.70%
CH:VONN
Vontobel Holding AG
67.20
6.21
10.19%
CH:CMBN
Cembra Money Bank AG
97.20
1.94
2.04%
CH:LLBN
Liechtensteinische Landesbank AG
99.80
23.55
30.89%
Swissquote Group Holding Ltd. Corporate Events
Swissquote lifts profit, expands Yuh ecosystem and doubles down on AI investment
Mar 19, 2026
Swissquote reported strong 2025 results, with client assets rising 16.3% to CHF 88.7 billion and total accounts approaching 1.2 million, supported by CHF 8.5 billion in organic net new money, robust trading activity and the full consolidation of n...
Swissquote posts strong 2025 with pre-tax profit near CHF 420 million
Jan 16, 2026
Swissquote Group Holding Ltd., a Swiss online banking and digital trading specialist, reported strong preliminary results for 2025, underpinned by its technology-driven investment platforms and growing client base. For 2025, the group projects net...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.