SWISS LIFE HOLDING AG-REG (SLW.DE) Stock Fundamental Analysis
Europe - FRA:SLW - CH0014852781 - Common Stock
891.6 EUR
-0.4 (-0.04%)
We assign a fundamental rating of 3 out of 10 to SLW. SLW was compared to 38 industry peers in the Insurance industry. While SLW is still in line with the averages on profitability rating, there are concerns on its financial health. SLW has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SLW had positive earnings in the past year.
In the past year SLW had a positive cash flow from operations.
SLW had positive earnings in each of the past 5 years.
In the past 5 years SLW always reported a positive cash flow from operatings.
1.2 Ratios
SLW has a Return On Assets of 0.55%. This is amonst the worse of the industry: SLW underperforms 81.58% of its industry peers.
SLW has a better Return On Equity (17.41%) than 76.32% of its industry peers.
SLW's Return On Invested Capital of 1.60% is in line compared to the rest of the industry. SLW outperforms 57.89% of its industry peers.
SLW had an Average Return On Invested Capital over the past 3 years of 0.96%. This is in line with the industry average of 2.28%.
The 3 year average ROIC (0.96%) for SLW is below the current ROIC(1.60%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 17.41% | ||
| ROIC | 1.6% |
ROA(3y)0.54%
ROA(5y)0.51%
ROE(3y)14.1%
ROE(5y)11.2%
ROIC(3y)0.96%
ROIC(5y)0.87%
1.3 Margins
SLW's Profit Margin of 8.52% is in line compared to the rest of the industry. SLW outperforms 50.00% of its industry peers.
SLW's Profit Margin has improved in the last couple of years.
SLW has a Operating Margin of 30.69%. This is amongst the best in the industry. SLW outperforms 94.74% of its industry peers.
In the last couple of years the Operating Margin of SLW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.69% | ||
| PM (TTM) | 8.52% | ||
| GM | N/A |
OM growth 3Y-3.9%
OM growth 5Y3.12%
PM growth 3Y24.33%
PM growth 5Y17.71%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SLW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, SLW has less shares outstanding
The number of shares outstanding for SLW has been reduced compared to 5 years ago.
Compared to 1 year ago, SLW has an improved debt to assets ratio.
2.2 Solvency
SLW has a debt to FCF ratio of 6.50. This is a slightly negative value and a sign of low solvency as SLW would need 6.50 years to pay back of all of its debts.
SLW has a worse Debt to FCF ratio (6.50) than 60.53% of its industry peers.
SLW has a Debt/Equity ratio of 1.50. This is a high value indicating a heavy dependency on external financing.
SLW has a Debt to Equity ratio of 1.50. This is amonst the worse of the industry: SLW underperforms 86.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | N/A |
ROIC/WACC0.35
WACC4.59%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
SLW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.43%, which is quite good.
The Earnings Per Share has been growing slightly by 3.00% on average over the past years.
SLW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.47%.
SLW shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -14.83% yearly.
EPS 1Y (TTM)9.43%
EPS 3Y1.93%
EPS 5Y3%
EPS Q2Q%-3.93%
Revenue 1Y (TTM)19.47%
Revenue growth 3Y-20.28%
Revenue growth 5Y-14.83%
Sales Q2Q%64.48%
3.2 Future
SLW is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.70% yearly.
SLW is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -13.73% yearly.
EPS Next Y1.79%
EPS Next 2Y4.92%
EPS Next 3Y5.33%
EPS Next 5Y5.7%
Revenue Next Year-11.81%
Revenue Next 2Y4.4%
Revenue Next 3Y-1.53%
Revenue Next 5Y-13.73%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.10, the valuation of SLW can be described as rather expensive.
Based on the Price/Earnings ratio, SLW is valued a bit more expensive than the industry average as 78.95% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.30. SLW is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 17.02, SLW is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SLW indicates a rather expensive valuation: SLW more expensive than 81.58% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SLW to the average of the S&P500 Index (22.73), we can say SLW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.1 | ||
| Fwd PE | 17.02 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SLW is valued a bit more expensive than the industry average as 63.16% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.13 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
SLW has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)11.23
PEG (5Y)6.7
EPS Next 2Y4.92%
EPS Next 3Y5.33%
5. Dividend
5.1 Amount
SLW has a Yearly Dividend Yield of 4.20%, which is a nice return.
SLW's Dividend Yield is slightly below the industry average, which is at 4.48.
Compared to an average S&P500 Dividend Yield of 2.45, SLW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
The dividend of SLW is nicely growing with an annual growth rate of 18.46%!
Dividend Growth(5Y)18.46%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
SLW pays out 83.35% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SLW is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP83.35%
EPS Next 2Y4.92%
EPS Next 3Y5.33%
FRA:SLW (9/12/2025, 7:00:00 PM)
891.6
-0.4 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners27.77%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap25.44B
Analysts68.42
Price Target864.28 (-3.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend35.26
Dividend Growth(5Y)18.46%
DP83.35%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0.89%
PT rev (3m)2.79%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.95%
EPS NY rev (3m)2.95%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)18.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.1 | ||
| Fwd PE | 17.02 | ||
| P/S | 1.7 | ||
| P/FCF | 15.13 | ||
| P/OCF | 13.99 | ||
| P/B | 3.48 | ||
| P/tB | 4.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)44.36
EY4.98%
EPS(NY)52.37
Fwd EY5.87%
FCF(TTM)58.92
FCFY6.61%
OCF(TTM)63.72
OCFY7.15%
SpS523.25
BVpS256.15
TBVpS191.19
PEG (NY)11.23
PEG (5Y)6.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 17.41% | ||
| ROCE | 2.02% | ||
| ROIC | 1.6% | ||
| ROICexc | 1.64% | ||
| ROICexgc | 1.69% | ||
| OM | 30.69% | ||
| PM (TTM) | 8.52% | ||
| GM | N/A | ||
| FCFM | 11.26% |
ROA(3y)0.54%
ROA(5y)0.51%
ROE(3y)14.1%
ROE(5y)11.2%
ROIC(3y)0.96%
ROIC(5y)0.87%
ROICexc(3y)0.99%
ROICexc(5y)0.9%
ROICexgc(3y)1.03%
ROICexgc(5y)1%
ROCE(3y)1.21%
ROCE(5y)1.1%
ROICexcg growth 3Y-26.88%
ROICexcg growth 5Y-15.03%
ROICexc growth 3Y-21.04%
ROICexc growth 5Y-11.47%
OM growth 3Y-3.9%
OM growth 5Y3.12%
PM growth 3Y24.33%
PM growth 5Y17.71%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 6.5 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.92% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 132.13% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC4.59%
ROIC/WACC0.35
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.91%
Cap/Sales(5y)0.67%
Profit Quality(3y)50.98%
Profit Quality(5y)41.96%
High Growth Momentum
Growth
EPS 1Y (TTM)9.43%
EPS 3Y1.93%
EPS 5Y3%
EPS Q2Q%-3.93%
EPS Next Y1.79%
EPS Next 2Y4.92%
EPS Next 3Y5.33%
EPS Next 5Y5.7%
Revenue 1Y (TTM)19.47%
Revenue growth 3Y-20.28%
Revenue growth 5Y-14.83%
Sales Q2Q%64.48%
Revenue Next Year-11.81%
Revenue Next 2Y4.4%
Revenue Next 3Y-1.53%
Revenue Next 5Y-13.73%
EBIT growth 1Y112.82%
EBIT growth 3Y-23.39%
EBIT growth 5Y-12.18%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y720.95%
FCF growth 3Y-35.32%
FCF growth 5Y-51.61%
OCF growth 1Y1033.52%
OCF growth 3Y-14.35%
OCF growth 5Y-38.77%