PSP SWISS PROPERTY AG-REG (P7S.DE) Stock Fundamental Analysis
FRA:P7S - Deutsche Boerse Ag - CH0018294154 - Common Stock - Currency: EUR
Taking everything into account, P7S scores 5 out of 10 in our fundamental rating. P7S was compared to 959 industry peers in the Real Estate Management & Development industry. While P7S belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. P7S is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year P7S was profitable.
P7S had a positive operating cash flow in the past year.
P7S had positive earnings in each of the past 5 years.
P7S had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 3.57%, P7S belongs to the best of the industry, outperforming 84.93% of the companies in the same industry.
P7S has a Return On Equity of 6.48%. This is amongst the best in the industry. P7S outperforms 83.56% of its industry peers.
P7S has a better Return On Invested Capital (4.07%) than 80.82% of its industry peers.
The Average Return On Invested Capital over the past 3 years for P7S is significantly below the industry average of 11.64%.
The last Return On Invested Capital (4.07%) for P7S is above the 3 year average (3.12%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 6.48% | ||
| ROIC | 4.07% |
ROA(3y)3.13%
ROA(5y)3.85%
ROE(3y)5.75%
ROE(5y)7.1%
ROIC(3y)3.12%
ROIC(5y)4.02%
1.3 Margins
The Profit Margin of P7S (68.30%) is better than 91.78% of its industry peers.
In the last couple of years the Profit Margin of P7S has declined.
Looking at the Operating Margin, with a value of 90.17%, P7S belongs to the top of the industry, outperforming 98.63% of the companies in the same industry.
In the last couple of years the Operating Margin of P7S has remained more or less at the same level.
Looking at the Gross Margin, with a value of 96.02%, P7S belongs to the top of the industry, outperforming 95.89% of the companies in the same industry.
P7S's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 90.17% | ||
| PM (TTM) | 68.3% | ||
| GM | 96.02% |
OM growth 3Y-0.99%
OM growth 5Y-0.09%
PM growth 3Y-1.96%
PM growth 5Y-2.81%
GM growth 3Y-0.26%
GM growth 5Y0.05%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), P7S is destroying value.
Compared to 1 year ago, P7S has about the same amount of shares outstanding.
P7S has about the same amout of shares outstanding than it did 5 years ago.
P7S has a better debt/assets ratio than last year.
2.2 Solvency
P7S has an Altman-Z score of 1.83. This is not the best score and indicates that P7S is in the grey zone with still only limited risk for bankruptcy at the moment.
P7S's Altman-Z score of 1.83 is amongst the best of the industry. P7S outperforms 80.82% of its industry peers.
The Debt to FCF ratio of P7S is 16.60, which is on the high side as it means it would take P7S, 16.60 years of fcf income to pay off all of its debts.
P7S has a Debt to FCF ratio of 16.60. This is in the better half of the industry: P7S outperforms 68.49% of its industry peers.
A Debt/Equity ratio of 0.55 indicates that P7S is somewhat dependend on debt financing.
P7S has a better Debt to Equity ratio (0.55) than 65.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 16.6 | ||
| Altman-Z | 1.83 |
ROIC/WACC0.72
WACC5.62%
2.3 Liquidity
P7S has a Current Ratio of 0.23. This is a bad value and indicates that P7S is not financially healthy enough and could expect problems in meeting its short term obligations.
P7S has a Current ratio of 0.23. This is in the lower half of the industry: P7S underperforms 79.45% of its industry peers.
P7S has a Quick Ratio of 0.23. This is a bad value and indicates that P7S is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.16, P7S is not doing good in the industry: 80.82% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.16 |
3. Growth
3.1 Past
P7S shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 53.06%, which is quite impressive.
Measured over the past years, P7S shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.74% on average per year.
The Revenue has grown by 129.70% in the past year. This is a very strong growth!
The Revenue has been decreasing by -0.94% on average over the past years.
EPS 1Y (TTM)53.06%
EPS 3Y-14.26%
EPS 5Y-3.74%
EPS Q2Q%-11.38%
Revenue 1Y (TTM)129.7%
Revenue growth 3Y-12.56%
Revenue growth 5Y-0.94%
Sales Q2Q%-28.15%
3.2 Future
P7S is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.76% yearly.
Based on estimates for the next years, P7S will show a decrease in Revenue. The Revenue will decrease by -1.27% on average per year.
EPS Next Y10.25%
EPS Next 2Y7.6%
EPS Next 3Y5.73%
EPS Next 5Y0.76%
Revenue Next Year-2.94%
Revenue Next 2Y-0.24%
Revenue Next 3Y0.8%
Revenue Next 5Y-1.27%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 29.45, which means the current valuation is very expensive for P7S.
Compared to the rest of the industry, the Price/Earnings ratio of P7S indicates a somewhat cheap valuation: P7S is cheaper than 63.01% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.52. P7S is around the same levels.
With a Price/Forward Earnings ratio of 24.72, P7S is valued on the expensive side.
P7S's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. P7S is cheaper than 63.01% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.25. P7S is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.45 | ||
| Fwd PE | 24.72 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, P7S is valued a bit cheaper than 65.75% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as P7S.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.95 | ||
| EV/EBITDA | 21.18 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates P7S does not grow enough to justify the current Price/Earnings ratio.
P7S has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.87
PEG (5Y)N/A
EPS Next 2Y7.6%
EPS Next 3Y5.73%
5. Dividend
5.1 Amount
P7S has a Yearly Dividend Yield of 2.68%.
Compared to an average industry Dividend Yield of 2.85, P7S pays a bit more dividend than its industry peers.
P7S's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
5.2 History
The dividend of P7S has a limited annual growth rate of 1.92%.
Dividend Growth(5Y)1.92%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
49.80% of the earnings are spent on dividend by P7S. This is a bit on the high side, but may be sustainable.
The dividend of P7S is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP49.8%
EPS Next 2Y7.6%
EPS Next 3Y5.73%
FRA:P7S (6/5/2025, 7:00:00 PM)
154.3
-0.5 (-0.32%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners56.58%
Inst Owner ChangeN/A
Ins Owners0.63%
Ins Owner ChangeN/A
Market Cap7.08B
Analysts71.76
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.68% |
Yearly Dividend4.14
Dividend Growth(5Y)1.92%
DP49.8%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.51%
Min EPS beat(2)-15.12%
Max EPS beat(2)-5.9%
EPS beat(4)0
Avg EPS beat(4)-7.08%
Min EPS beat(4)-15.12%
Max EPS beat(4)-1.56%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.38%
Min Revenue beat(2)2.34%
Max Revenue beat(2)2.42%
Revenue beat(4)4
Avg Revenue beat(4)17.08%
Min Revenue beat(4)2.34%
Max Revenue beat(4)33.43%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.45 | ||
| Fwd PE | 24.72 | ||
| P/S | 12.77 | ||
| P/FCF | 32.95 | ||
| P/OCF | 32.89 | ||
| P/B | 1.21 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 21.18 |
EPS(TTM)5.24
EY3.4%
EPS(NY)6.24
Fwd EY4.05%
FCF(TTM)4.68
FCFY3.03%
OCF(TTM)4.69
OCFY3.04%
SpS12.08
BVpS127.43
TBVpS127.43
PEG (NY)2.87
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.57% | ||
| ROE | 6.48% | ||
| ROCE | 4.93% | ||
| ROIC | 4.07% | ||
| ROICexc | 4.09% | ||
| ROICexgc | 4.09% | ||
| OM | 90.17% | ||
| PM (TTM) | 68.3% | ||
| GM | 96.02% | ||
| FCFM | 38.75% |
ROA(3y)3.13%
ROA(5y)3.85%
ROE(3y)5.75%
ROE(5y)7.1%
ROIC(3y)3.12%
ROIC(5y)4.02%
ROICexc(3y)3.14%
ROICexc(5y)4.04%
ROICexgc(3y)3.14%
ROICexgc(5y)4.04%
ROCE(3y)3.77%
ROCE(5y)4.86%
ROICexcg growth 3Y-15.01%
ROICexcg growth 5Y-5.71%
ROICexc growth 3Y-15.01%
ROICexc growth 5Y-5.71%
OM growth 3Y-0.99%
OM growth 5Y-0.09%
PM growth 3Y-1.96%
PM growth 5Y-2.81%
GM growth 3Y-0.26%
GM growth 5Y0.05%
F-Score8
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.55 | ||
| Debt/FCF | 16.6 | ||
| Debt/EBITDA | 6.43 | ||
| Cap/Depr | 42.23% | ||
| Cap/Sales | 0.08% | ||
| Interest Coverage | 13.8 | ||
| Cash Conversion | 42.97% | ||
| Profit Quality | 56.73% | ||
| Current Ratio | 0.23 | ||
| Quick Ratio | 0.16 | ||
| Altman-Z | 1.83 |
F-Score8
WACC5.62%
ROIC/WACC0.72
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)95.29%
Profit Quality(5y)71.45%
High Growth Momentum
Growth
EPS 1Y (TTM)53.06%
EPS 3Y-14.26%
EPS 5Y-3.74%
EPS Q2Q%-11.38%
EPS Next Y10.25%
EPS Next 2Y7.6%
EPS Next 3Y5.73%
EPS Next 5Y0.76%
Revenue 1Y (TTM)129.7%
Revenue growth 3Y-12.56%
Revenue growth 5Y-0.94%
Sales Q2Q%-28.15%
Revenue Next Year-2.94%
Revenue Next 2Y-0.24%
Revenue Next 3Y0.8%
Revenue Next 5Y-1.27%
EBIT growth 1Y169.93%
EBIT growth 3Y-13.43%
EBIT growth 5Y-1.04%
EBIT Next Year-5.43%
EBIT Next 3Y0.15%
EBIT Next 5Y-2.36%
FCF growth 1Y-18.85%
FCF growth 3Y-10.61%
FCF growth 5Y-2.5%
OCF growth 1Y-18.69%
OCF growth 3Y-10.55%
OCF growth 5Y-2.52%