-0.21%
4.83%
6.05%
10.86%
20.21%
26.18%
53.89%
AI Spotlight on SLHN
Company Description
Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients.It operates through Switzerland, France, Germany, International, and Asset Managers segments.The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.
It also provides property and casualty, liability and motor, accident, and health insurance.In addition, the company manages assets and provides advisory services for institutional clients.Further, the company engages in the private equity, information technology, real estate, banking, restaurant, and investment funds businesses.
Swiss Life Holding AG distributes its products through its agents, financial advisors, and distribution partners.The company operates in Switzerland and internationally under the Swiss Life Select, Tecis, Horbach, Proventus, Chase de Vere, and Fincentrum brands.Swiss Life Holding AG was founded in 1857 and is headquartered in Zurich, Switzerland.
Market Data
| Last Price | 747 |
| Change Percentage | -0.21% |
| Open | 753 |
| Previous Close | 748.6 |
| Market Cap ( Millions) | 20937 |
| Volume | 71065 |
| Year High | 753.4 |
| Year Low | 599.2 |
| M A 50 | 708.8 |
| M A 200 | 682.34 |
Financial Ratios
| FCF Yield | -0.01% |
| Dividend Yield | 4.42% |
| ROE | 15.08% |
| Debt / Equity | 212.56% |
| Net Debt / EBIDTA | 524.32% |
| Price To Book | 3.07 |
| Price Earnings Ratio | 19.67 |
| Price To FCF | -10457.39 |
| Price To sales | 1.36 |
| EV / EBITDA | 16.6 |
News
- Sep -03 - Financial Services Roundup: Market Talk
- Sep -03 - Financial Services Roundup: Market Talk
- Apr -13 - Should You Be Impressed By VEON Ltd.'s (NASDAQ:VEON) ROE?
- Mar -19 - Should You Be Adding Bâloise Holding (VTX:BALN) To Your Watchlist Today?
- Jan -19 - Compagnie Financière Tradition (VTX:CFT) shareholders have earned a 9.6% CAGR over the last five years
- Jan -13 - Analysts Just Made A Major Revision To Their Swiss Life Holding AG (VTX:SLHN) Revenue Forecasts
- Jun -21 - UPDATE 2-Singapore central bank fines DBS, Citibank, OCBC, Swiss Life over breaches
- Jun -21 - Singapore central bank fines DBS, Citibank, OCBC, Swiss Life over breaches
- Jul -17 - Did Equinix, Inc. (REIT) (NASDAQ:EQIX) Use Debt To Deliver Its ROE Of 5.9%?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Switzerland
Expected Growth : 7 %
What the company do ?
Switzerland refers to the country where Swiss Life Holding AG, a leading European life insurance company, is headquartered and operates.
Why we expect these perspectives ?
Switzerland's 7% growth driven by Swiss Life Holding AG is attributed to a strong economy, low unemployment, and high savings rate. The country's stable political environment, favorable business climate, and highly developed financial sector also contribute to growth. Additionally, Swiss Life's diversified business model, strong brand recognition, and strategic acquisitions have enabled the company to capitalize on growth opportunities.
Segment n°2 -> France
Expected Growth : 6 %
What the company do ?
France is a segment of Swiss Life Holding AG, a leading European insurance group, offering life and pensions, risk, and health insurance products.
Why we expect these perspectives ?
France's 6% growth with Swiss Life Holding AG is driven by a strong economy, increasing life expectancy, and a growing demand for retirement savings. The country's pension reform and favorable tax environment also support the growth of the life insurance market. Additionally, Swiss Life's diversified product portfolio and strong distribution network contribute to its success in France.
Segment n°3 -> Germany
Expected Growth : 5 %
What the company do ?
Germany is a key market for Swiss Life Holding AG, a leading European insurance provider, offering life and pensions, health, and financial solutions.
Why we expect these perspectives ?
Germany's 5% growth from Swiss Life Holding AG is driven by a strong economy, low unemployment, and increasing life expectancy. The country's aging population and growing demand for retirement savings products also contribute to growth. Additionally, Swiss Life's diversified product portfolio and strong distribution network in Germany support the company's expansion.
Segment n°4 -> International
Expected Growth : 8 %
What the company do ?
International from Swiss Life Holding AG refers to the company's global business operations outside of Switzerland, offering life insurance and pension solutions.
Why we expect these perspectives ?
Swiss Life Holding AG's 8% international growth driven by increasing demand for retirement savings, expansion into emerging markets, and strategic partnerships. Additionally, the company's diversified product portfolio, including life insurance, pensions, and asset management, contributes to its growth. Furthermore, Swiss Life's strong brand reputation and solid financial position enable it to capitalize on market opportunities.
Segment n°5 -> Asset Managers
Expected Growth : 9 %
What the company do ?
Asset Managers from Swiss Life Holding AG are responsible for managing investment portfolios on behalf of clients, providing expertise in asset allocation, risk management, and investment strategies.
Why we expect these perspectives ?
Swiss Life Holding AG's 9% growth in Asset Management is driven by increasing demand for sustainable investments, expansion into European markets, and strategic partnerships. Additionally, the company's focus on digitalization, cost savings initiatives, and a strong brand reputation have contributed to its growth. Furthermore, the acquisition of BEKB (a Swiss bank) has expanded its asset base and diversified its revenue streams.
Segment n°6 -> Eliminations
Expected Growth : 0 %
What the company do ?
Eliminations from Swiss Life Holding AG refer to the removal of internal transactions and balances between subsidiaries to present a consolidated financial statement.
Why we expect these perspectives ?
With 0% growth, eliminations from Swiss Life Holding AG are stagnant. Key drivers include flat premiums, stable expense ratios, and minimal changes in investment income. The lack of growth is attributed to intense competition, regulatory pressures, and a mature market, resulting in no significant increases in revenue or profitability.
Segment n°7 -> Other
Expected Growth : 4 %
What the company do ?
The 'Other' segment from Swiss Life Holding AG includes run-off businesses, such as Finnish and Swedish operations, and other minor activities.
Why we expect these perspectives ?
Swiss Life Holding AG's 'Other' segment growth is driven by increasing demand for pension and insurance products, expansion into new markets, and strategic partnerships. Additionally, the company's focus on digitalization and cost savings initiatives have improved operational efficiency, contributing to the 4% growth rate.
Swiss Life Holding Ag Products
| Product Range | What is it ? |
|---|---|
| Life Insurance | Provides financial protection to beneficiaries in the event of death, with options for term life, whole life, and universal life insurance. |
| Pensions and Retirement Savings | Offers a range of pension and retirement savings solutions, including individual and group pension plans, to help individuals and companies plan for retirement. |
| Health Insurance | Provides comprehensive health insurance coverage, including hospital, outpatient, and supplementary insurance options. |
| Investment and Asset Management | Offers a range of investment and asset management solutions, including mutual funds, investment funds, and portfolio management services. |
| Risk Management | Provides risk management solutions, including risk assessment, risk mitigation, and risk transfer strategies. |
| Employee Benefits | Offers a range of employee benefits solutions, including group life, disability, and accident insurance, as well as pension and retirement savings plans. |
Swiss Life Holding AG's Porter Forces
Threat Of Substitutes
The threat of substitutes for Swiss Life Holding AG is moderate, as there are alternative investment options available to customers, but the company's strong brand and diversified product offerings mitigate this threat to some extent.
Bargaining Power Of Customers
The bargaining power of customers is relatively low, as Swiss Life Holding AG operates in a niche market with a loyal customer base, and customers have limited bargaining power due to the company's strong market position.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate, as Swiss Life Holding AG relies on a network of suppliers for its operations, but the company's scale and market position give it some negotiating power.
Threat Of New Entrants
The threat of new entrants is relatively low, as the life insurance industry is heavily regulated and requires significant capital investment, making it difficult for new entrants to establish themselves.
Intensity Of Rivalry
The intensity of rivalry in the life insurance industry is high, as Swiss Life Holding AG operates in a competitive market with several established players, and the company must continually innovate and differentiate itself to maintain its market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.63% |
| Debt Cost | 3.95% |
| Equity Weight | 36.37% |
| Equity Cost | 9.32% |
| WACC | 5.90% |
| Leverage | 174.98% |
Swiss Life Holding AG : Quality Control
Swiss Life Holding AG passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TLX.DE | Talanx AG provides insurance and reinsurance products and services worldwide. The company offers life, casualty, liability, motor, aviation, legal protection, fire, burglary and theft, water damage, plate glass, windstorm, comprehensive … |
| CS.PA | AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through France, Europe, Asia, AXA XL, International, and Transversal & Central Holdings segments. It … |
| ZURN.SW | Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company … |
| G.MI | Assicurazioni Generali S.p.A. provides various insurance solutions. The company operates through four segments: Non-Life; Life; Asset Management; and Holding and Other Business. It offers saving and protection insurance products for … |
| ALV.DE | Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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