-0.52%
0.79%
24.19%
36.04%
58.44%
89.71%
85.29%
AI Spotlight on CFT
Company Description
Compagnie Financière Tradition SA operates as an interdealer broker of financial and non-financial products worldwide.It provides capital market products, including basis swaps, credit and currency derivatives, inflation products, Latin American derivatives, non-deliverable swaps, overnight index swaps, short dates, and Turkish fixed income and money market, as well as interest rate derivatives, options, and swaps.The company also offers energy and commodity products, such as coal, electricity, environmental products, natural gas, oil, precious metals, property derivatives, pulp and paper, refined products, soft commodities, tradition energy, weather, LNG, petroleum and LPG, and renewable energy credits.
In addition, it provides equities comprising cash and preferred equities, equity derivatives, ETFs, institutional cash equities, single-stock options, delta-one products, exotics, post-reorg equities, index variance and equity finance swaps, and dividend swaps; and fixed income products consisting of asset swaps credit, floating rate notes, futures and options, mortgages, repurchase agreements, and securities, as well as corporate, covered, and government bonds.Further, the company offers foreign exchange (FX) products, such as emerging markets, FX listed futures and options, FX options, ParFX, spot and forward FX, and FX exotics; market data products; and money market products, including arbitrage, cash fund management, commercial paper, deposits and certificates of deposits, forward rate agreements, bank bills, federal funds, and short dates.Additionally, it provides private equity, structured products, hedge fund secondaries, real estate secondaries, non-traditional secondaries, and GCC fixed income, as well as information services.
The company was incorporated in 1959 and is based in Lausanne, Switzerland.Compagnie Financière Tradition SA is a subsidiary of Financière Vermeer NV.
Market Data
| Last Price | 192.5 |
| Change Percentage | -0.52% |
| Open | 192.5 |
| Previous Close | 193.5 |
| Market Cap ( Millions) | 1495 |
| Volume | 220 |
| Year High | 198.5 |
| Year Low | 118.5 |
| M A 50 | 177.86 |
| M A 200 | 156.19 |
Financial Ratios
| FCF Yield | 5.31% |
| Dividend Yield | 3.12% |
| ROE | 24.57% |
| Debt / Equity | 48.04% |
| Net Debt / EBIDTA | -70.43% |
| Price To Book | 3.32 |
| Price Earnings Ratio | 14.0 |
| Price To FCF | 18.84 |
| Price To sales | 1.49 |
| EV / EBITDA | 10.35 |
News
- Nov -07 - Revenue Q3 2024
- Aug -30 - Half-Year Results 2024
- Aug -08 - 1st semester 2024 : Growth in revenue1) to CHF 577.0m, up 9.2% at constant exchange rates Growth of 14.4% in the 2nd quarter at constant exchange rates
- May -21 - Compagnie Financiere Tradition: Voting Result Regarding Dividend
- May -02 - Q1 2024 : Growth of Revenue 1) of 4.6% at Constant Exchange Rates to CHF 283.8m; Increase over the First Four Months of 9.0% at Constant Exchange Rates
- Apr -25 - Annual Report 2023 of Compagnie Financière Tradition SA
- Mar -22 - Compagnie Financière Tradition FY Results 2023: Growth in Revenue (Including Share of Joint Ventures) to CHF 1,053.9M, up 9.5%*
- Feb -01 - Compagnie Financiere Tradition: Adjusted revenue of CHF 1,053.9m in 2023, up 9.5%
- Jan -19 - Compagnie Financière Tradition (VTX:CFT) shareholders have earned a 9.6% CAGR over the last five years
- Dec -03 - Should You Be Adding Compagnie Financière Tradition (VTX:CFT) To Your Watchlist Today?
- Nov -02 - Compagnie Financière Tradition: Growth in activity for the first nine months of 2023 with adjusted revenue of CHF 793.5m, up 8.8%
- Sep -01 - Compagnie Financière Tradition: Net profit Group share of CHF 51.0m, up 8.0%
- Aug -23 - Market Still Lacking Some Conviction On Compagnie Financière Tradition SA (VTX:CFTE)
- Aug -18 - Compagnie Financière Tradition SA announces the launch of its share buyback program of up to 300,000 shares
- Aug -03 - Berner Kantonalbank (VTX:BEKN) shareholders have earned a 7.0% CAGR over the last five years
- Aug -03 - Compagnie Financière Tradition: First semester 2023, Growth in adjusted revenue to CHF 552.4m, up 11.8% at constant exchange
- May -29 - Compagnie Financière Tradition's (VTX:CFT) Upcoming Dividend Will Be Larger Than Last Year's
- May -26 - Compagnie Financière Tradition SA (VTX:CFT) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
- May -25 - Compagnie Financière Tradition: Voting result regarding dividend and Share Buyback program
- May -24 - Compagnie Financière Tradition: Stock dividend proposed at the Annual General Meeting on May 25, 2023
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Currencies and Interest Rates
Expected Growth : 4.5 %
What the company do ?
Currencies and Interest Rates from Compagnie Financière Tradition SA provide real-time exchange rates and interest rates for various currencies, enabling informed investment decisions.
Why we expect these perspectives ?
Increasing global trade and investment activities drive demand for real-time exchange rates and interest rates, enabling informed investment decisions. Growing adoption of digital platforms and rising need for risk management solutions also contribute to market growth.
Segment n°2 -> Securities and Derivatives
Expected Growth : 4.5 %
What the company do ?
Securities and Derivatives from Compagnie Financière Tradition SA provides trading and hedging solutions for financial institutions, corporations, and institutional clients.
Why we expect these perspectives ?
Growing demand for trading and hedging solutions, increasing complexity in financial markets, and rising need for risk management among financial institutions and corporations drive the growth of Securities and Derivatives segment.
Segment n°3 -> Commodities and Other
Expected Growth : 4.5 %
What the company do ?
Commodities and Other from Compagnie Financière Tradition SA refers to the segment that deals with trading and broking of commodities, energy, and other financial products.
Why we expect these perspectives ?
Growing demand for commodities, increasing energy trading activities, and expansion of financial products drive the segment's growth.
Compagnie Financière Tradition Sa Products
| Product Range | What is it ? |
|---|---|
| Interdealer Broking | Compagnie Financière Tradition SA provides interdealer broking services, facilitating transactions between banks and other financial institutions in the wholesale financial markets. |
| Energy and Commodities Broking | The company offers broking services for energy and commodities, including oil, natural gas, power, and metals, helping clients to manage price risk and optimize their energy and commodity transactions. |
| Financial Derivatives Broking | Tradition provides broking services for financial derivatives, including options, futures, and swaps, helping clients to manage risk and optimize their investment portfolios. |
| Foreign Exchange Broking | The company offers broking services for foreign exchange transactions, helping clients to manage currency risk and optimize their international trade transactions. |
| Equities Broking | Tradition provides broking services for equities, including cash equities and equity derivatives, helping clients to buy and sell shares and manage their equity portfolios. |
| Fixed Income Broking | The company offers broking services for fixed income securities, including government bonds, corporate bonds, and other debt instruments, helping clients to manage their fixed income portfolios. |
Compagnie Financière Tradition SA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Compagnie Financière Tradition SA is moderate due to the presence of alternative financial institutions and online trading platforms.
Bargaining Power Of Customers
The bargaining power of customers is low for Compagnie Financière Tradition SA as the company operates in a niche market with limited customer switching options.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate for Compagnie Financière Tradition SA as the company relies on a few key suppliers for its operations.
Threat Of New Entrants
The threat of new entrants is high for Compagnie Financière Tradition SA due to the relatively low barriers to entry in the financial services industry.
Intensity Of Rivalry
The intensity of rivalry is high for Compagnie Financière Tradition SA due to the presence of several established competitors in the financial services industry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 35.57% |
| Debt Cost | 4.04% |
| Equity Weight | 64.43% |
| Equity Cost | 4.80% |
| WACC | 4.53% |
| Leverage | 55.21% |
Compagnie Financière Tradition SA : Quality Control
Compagnie Financière Tradition SA passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| VIL.PA | VIEL & Cie, société anonyme, an investment company, provides interdealer broking, online trading, and private banking services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region. The … |
| PLUS.L | Plus500 Ltd. develops and operates an online and mobile trading platform for individual customers to trade contracts for difference (CFDs). The company's Plus500 Invest, an online trading platform allows its … |
| ABG.OL | ABG Sundal Collier Holding ASA, together with its subsidiaries, provides investment banking, stockbroking, and corporate advisory services in Norway, Sweden, Denmark, and internationally. The company offers corporate financing services for … |
| XTB.WA | XTB S.A., together with its subsidiaries, provides currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, and Latin America. It operates in two … |
| BSD.PA | Bourse Direct SA provides Internet stock brokerage services in France. It offers a platform of services, tools, and financial products, including French and foreign equities, derivatives, trackers, warrants, certificates, turbos, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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VIEL
A-Score
1-Year Total Return ->
🥈
XTB
A-Score
1-Year Total Return ->
🥉
Plus500
A-Score
1-Year Total Return ->
4
Tradition
A-Score
1-Year Total Return ->
5
ABG Sundal Collier Holding
A-Score
1-Year Total Return ->
6
