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1. Company Snapshot

1.a. Company Description

BVZ Holding AG, through its subsidiaries, provides rail-related services.The company offers public transport, rolling stock, and maintenance services; tourism services; and automobile and freight transport services.It also engages in the management, infrastructure, and real estate activities.


The company was founded in 1891 and is based in Brig, Switzerland.

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1.b. Last Insights on BVZN

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1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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BVZ Holding AG's (VTX:BVZN) largest shareholders are retail investors with 55% ownership, private companies own 28%

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4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (3.98%)

6. Segments

Mobility

Expected Growth: 3.5%

Growing urbanization, increasing environmental concerns, and investments in infrastructure development are expected to drive the growth of public transportation services in Zurich, Switzerland.

Other Services

Expected Growth: 4.5%

Growing demand for efficient railway operations and increasing focus on outsourcing non-core services drive the growth of facility management, security services, and auxiliary services, supporting the railway operations of BVZ Holding AG.

Gornergrat

Expected Growth: 4.5%

Growing demand for eco-friendly tourism, increasing popularity of Switzerland as a tourist destination, and investments in infrastructure development are expected to drive the growth of the Gornergrat tourist train market.

Property

Expected Growth: 4.5%

Growing demand for luxury travel and increasing tourism in key destinations drive revenue growth in BVZ Holding AG's Property segment, with a focus on upscale hotels and resorts, and strategic property sales.

7. Detailed Products

Railway Infrastructure

BVZ Holding AG provides railway infrastructure services, including track construction, maintenance, and renovation.

Electrification Systems

BVZ Holding AG offers electrification systems for railways, including overhead lines, traction power supply, and electrical infrastructure.

Signaling and Interlocking Systems

BVZ Holding AG provides signaling and interlocking systems for railways, including safety-critical systems and automation solutions.

Telecommunication Systems

BVZ Holding AG offers telecommunication systems for railways, including GSM-R, LTE, and fiber-optic networks.

Railway Engineering Services

BVZ Holding AG provides railway engineering services, including design, planning, and project management for railway infrastructure projects.

8. BVZ Holding AG's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for BVZ Holding AG is moderate, as there are some alternatives available in the market, but they are not very attractive to customers.

Bargaining Power Of Customers

The bargaining power of customers is low, as they have limited options and are not very price-sensitive.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as they have some negotiating power, but it is limited by the company's size and reputation.

Threat Of New Entrants

The threat of new entrants is high, as the market is attractive and there are low barriers to entry.

Intensity Of Rivalry

The intensity of rivalry is high, as there are many competitors in the market, and they are all competing for market share.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 65.32%
Debt Cost 3.95%
Equity Weight 34.68%
Equity Cost 5.89%
WACC 4.62%
Leverage 188.36%

11. Quality Control: BVZ Holding AG passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
FNM

A-Score: 6.8/10

Value: 9.8

Growth: 8.0

Quality: 5.2

Yield: 5.6

Momentum: 6.0

Volatility: 6.0

1-Year Total Return ->

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FirstGroup

A-Score: 6.6/10

Value: 8.8

Growth: 7.1

Quality: 3.7

Yield: 4.4

Momentum: 9.5

Volatility: 6.3

1-Year Total Return ->

Stock-Card
Jungfraubahn

A-Score: 6.3/10

Value: 3.1

Growth: 6.8

Quality: 6.9

Yield: 3.1

Momentum: 8.0

Volatility: 9.7

1-Year Total Return ->

Stock-Card
BVZ Holding

A-Score: 6.0/10

Value: 7.6

Growth: 5.7

Quality: 4.2

Yield: 1.9

Momentum: 8.0

Volatility: 8.7

1-Year Total Return ->

Stock-Card
Vossloh

A-Score: 5.4/10

Value: 3.4

Growth: 6.6

Quality: 5.5

Yield: 3.8

Momentum: 9.5

Volatility: 3.7

1-Year Total Return ->

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Talgo

A-Score: 3.6/10

Value: 8.4

Growth: 1.6

Quality: 2.8

Yield: 1.2

Momentum: 1.5

Volatility: 6.3

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

1140.0$

Current Price

1140$

Potential

-0.00%

Expected Cash-Flows