SWISS LIFE HOLDING AG-REG (SLW.DE) Stock Fundamental Analysis
Europe - FRA:SLW - CH0014852781 - Common Stock
915.6 EUR
+4.4 (+0.48%)
We assign a fundamental rating of 3 out of 10 to SLW. SLW was compared to 40 industry peers in the Insurance industry. There are concerns on the financial health of SLW while its profitability can be described as average. SLW is valued expensive and it does not seem to be growing.
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 worse Return On Assets (0.55%) than 80.00% of its industry peers.
SLW's Return On Equity of 17.41% is fine compared to the rest of the industry. SLW outperforms 80.00% of its industry peers.
The Return On Invested Capital of SLW (1.60%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for SLW is in line with the industry average of 2.35%.
The last Return On Invested Capital (1.60%) for SLW is above the 3 year average (0.96%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 8.52%. This is comparable 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 better Operating Margin (30.69%) than 92.50% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SLW is destroying value.
The number of shares outstanding for SLW has been reduced compared to 1 year ago.
The number of shares outstanding for SLW has been reduced compared to 5 years ago.
SLW has a better debt/assets ratio than last year.
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 Debt to FCF ratio of 6.50. This is in the lower half of the industry: SLW underperforms 60.00% of its industry peers.
A Debt/Equity ratio of 1.50 is on the high side and indicates that SLW has dependencies on debt financing.
SLW's Debt to Equity ratio of 1.50 is on the low side compared to the rest of the industry. SLW is outperformed by 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.5 | ||
| Debt/FCF | 6.5 | ||
| Altman-Z | N/A |
ROIC/WACC0.35
WACC4.6%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 9.43% over the past year.
SLW shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.00% yearly.
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
Based on estimates for the next years, SLW will show a small growth in Earnings Per Share. The EPS will grow by 5.70% on average per year.
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 Y2.17%
EPS Next 2Y5.44%
EPS Next 3Y5.73%
EPS Next 5Y5.7%
Revenue Next Year-11.97%
Revenue Next 2Y4.31%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.65, SLW is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of SLW indicates a slightly more expensive valuation: SLW is more expensive than 77.50% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of SLW to the average of the S&P500 Index (27.86), we can say SLW is valued slightly cheaper.
SLW is valuated rather expensively with a Price/Forward Earnings ratio of 17.32.
SLW's Price/Forward Earnings ratio is rather expensive when compared to the industry. SLW is more expensive than 85.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.32, SLW is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.65 | ||
| Fwd PE | 17.32 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, SLW is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.55 | ||
| 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)9.51
PEG (5Y)6.89
EPS Next 2Y5.44%
EPS Next 3Y5.73%
5. Dividend
5.1 Amount
SLW has a Yearly Dividend Yield of 4.11%, which is a nice return.
SLW's Dividend Yield is slightly below the industry average, which is at 4.62.
SLW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
On average, the dividend of SLW grows each year by 18.46%, which is quite nice.
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 2Y5.44%
EPS Next 3Y5.73%
FRA:SLW (10/3/2025, 7:00:00 PM)
915.6
+4.4 (+0.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners33.77%
Inst Owner ChangeN/A
Ins Owners0.4%
Ins Owner ChangeN/A
Market Cap26.12B
Analysts52.38
Price Target864.28 (-5.61%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend35.27
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)2.28%
PT rev (3m)1.54%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.38%
EPS NY rev (3m)3.34%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)18.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.65 | ||
| Fwd PE | 17.32 | ||
| P/S | 1.75 | ||
| P/FCF | 15.55 | ||
| P/OCF | 14.38 | ||
| P/B | 3.58 | ||
| P/tB | 4.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)44.34
EY4.84%
EPS(NY)52.87
Fwd EY5.77%
FCF(TTM)58.89
FCFY6.43%
OCF(TTM)63.69
OCFY6.96%
SpS523.03
BVpS256.04
TBVpS191.11
PEG (NY)9.51
PEG (5Y)6.89
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
WACC4.6%
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 Y2.17%
EPS Next 2Y5.44%
EPS Next 3Y5.73%
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-11.97%
Revenue Next 2Y4.31%
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%