VZ Holding AG (VZN) AI Stock Analysis

• Market Cap: CHF7.07B
• Dividend Yield: 1.52%
• Average Volume (3M): 25.80K
• Price to Earnings (P/E): 31.2
• Beta (1Y): 0.82
• Revenue Growth: 8.15%
• EPS Growth: 12.24%
• Country: CH
• Employees: 1,567
• Sector: Services
• Sector Strength: N/A
• Industry: Asset Management
• EPS (TTM): 2.83
• Shares Outstanding: 40,000,000
• 10 Day Avg. Volume: 28,064
• 30 Day Avg. Volume: 25,803
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: CHF190.00
• Price Target Upside: 5.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 72 Outperform
• Price Target: CHF190.00 ▲(5.67% Upside)

The overall stock score of 72 reflects VZ Holding AG's strong financial performance, which is the most significant factor. However, the technical analysis indicates a neutral trend, and the valuation suggests the stock may be overvalued. These factors collectively moderate the overall score.

VZ Holding AG Business Overview & Revenue Model

Company Description

VZ Holding AG, together with its subsidiaries, provides financial services in Switzerland and Germany. The company offers retirement, investment and asset management, mortgage and real estate, will and inheritance, tax, pension benefits and insurance, and account and deposit services to individuals. It also provides occupational benefit, fiduciary, risk management, business insurance, pension funds and foundation, and succession services to corporates. In addition, the company offers financial consulting and wealth management, securities accounts, securities and currency transactions, portfolio advisory and management, and mortgage credits provision and purchasing services, as well as sureties and guarantees for clients. Further, it provides investment research services, as well as consulting and management services; portfolio management; banking services; mortgage management and transfer services; property and casualty insurance products; and management services of investment foundations, pension funds, and other institutions offering occupational benefit schemes. The company focuses on serving individuals and couples aged 50 or over who live in their own homes. It also offers its services through VZ Finanzportal, an online portal, which enables customers to manage their financial transactions online; and a-la-carte support services. The company was founded in 1992 and is headquartered in Zurich, Switzerland. VZ Holding AG is a subsidiary of Madarex Ltd.

How the Company Makes Money

VZ Holding AG generates revenue through multiple streams, primarily from asset management fees, insurance premiums, and banking services. Its asset management division earns fees based on the assets under management, while the insurance segment collects premiums from various insurance products it offers. Additionally, the company generates income from financial advisory services, transactions, and interest from banking operations. Strategic partnerships with other financial institutions and investment firms enhance its offerings and broaden its market reach, contributing significantly to its overall earnings.

VZ Holding AG Financial Statement Overview

Summary

VZ Holding AG exhibits strong financial health with impressive revenue growth and robust profitability margins. The company has effective cash flow management, although its high reliance on liabilities could be a concern in changing economic conditions.

Income Statement

VZ Holding AG has demonstrated strong revenue growth, with a consistent increase in total revenue over the years, culminating in a 9.7% growth from 2023 to 2024. The company also maintains healthy profitability metrics, including a gross profit margin of 67.3% and a net profit margin of 38.5% for 2024. However, there was a decrease in EBIT margin from 63.0% in 2023 to 46.4% in 2024, which slightly tempers the positive outlook.

Balance Sheet

The company's balance sheet shows a solid equity position with a debt-to-equity ratio of 0.72 in 2024, indicating moderate leverage. The return on equity is an impressive 20.7%, reflecting efficient use of equity. However, the equity ratio of 14.1% suggests reliance on liabilities, which could pose a risk in volatile markets.

Cash Flow

VZ Holding AG's cash flow performance is robust, with a significant free cash flow growth rate of 48.8% from 2023 to 2024. The operating cash flow to net income ratio stands at 1.2, indicating strong cash conversion efficiency. The free cash flow to net income ratio of 1.1 also highlights effective cash management and ability to generate cash relative to net income.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	567.54M	517.36M	420.69M	392.00M	332.18M
Gross Profit	381.95M	342.64M	393.35M	368.48M	310.53M
EBITDA	312.93M	269.34M	197.90M	187.81M	155.11M
Net Income	218.22M	186.94M	151.10M	142.59M	117.27M
Balance Sheet
Total Assets	7.49B	6.54B	5.95B	5.77B	4.97B
Cash, Cash Equivalents and Short-Term Investments	1.91B	1.69B	1.46B	1.89B	1.75B
Total Debt	754.95M	553.35M	538.40M	1.04B	946.29M
Total Liabilities	6.43B	5.61B	5.18B	5.07B	4.36B
Stockholders Equity	1.05B	919.09M	763.09M	695.60M	616.33M
Cash Flow
Free Cash Flow	231.59M	155.61M	163.94M	147.82M	139.20M
Operating Cash Flow	254.21M	165.85M	196.42M	168.55M	157.34M
Investing Cash Flow	3.25M	-30.85M	-621.96M	-661.88M	-636.08M
Financing Cash Flow	14.56M	-1.21M	497.48M	544.01M	370.86M

VZ Holding AG Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 179.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:VZN, the sentiment is Positive. The current price of 179.8 is above the 20-day moving average (MA) of 176.33, above the 50-day MA of 174.20, and above the 200-day MA of 161.32, indicating a bullish trend. The MACD of 1.80 indicates Negative momentum. The RSI at 56.70 is Neutral, neither overbought nor oversold. The STOCH value of 57.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:VZN.

VZ Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VZN	72 Outperform	CHF7.07B	31.20	22.69%	1.52%	8.15%	12.24%
PGHN	66 Neutral	CHF27.68B	23.14		3.93%	23.34%	24.97%
BAER	66 Neutral	CHF11.75B	13.60		4.53%	1.02%	131.90%
Sector *	56 Neutral	$13.75B	13.24	10.03%	0.92%	7.13%	-12.93%
GMHLF	―	$135.34M	―	-128.43%	―	―	―
VONHF	―	$4.31B	16.72	11.11%	4.84%	―	―
LEON	53 Neutral	CHF293.40M	69.56		18.23%	-4.06%	-109.73%