Financials Vaudoise Assurances Holding SA

Equities

VAHN

CH0021545667

Property & Casualty Insurance

Market Closed - Swiss Exchange 11:30:41 2024-04-29 am EDT 5-day change 1st Jan Change
451 CHF -0.22% Intraday chart for Vaudoise Assurances Holding SA -0.44% +2.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,427 1,684 1,398 1,301 1,225 1,274
Enterprise Value (EV) 1 1,240 1,485 1,262 1,134 1,073 1,149
P/E ratio 11.2 x 12.6 x 11.4 x 9.7 x 9.44 x 9.61 x
Yield 2.68% 2.62% 3.37% 4.04% 4.73% 5%
Capitalization / Revenue 1.12 x 1.26 x 1.05 x 0.92 x 0.88 x 0.9 x
EV / Revenue 0.97 x 1.11 x 0.95 x 0.8 x 0.77 x 0.81 x
EV / EBITDA 6.41 x 7.64 x 7.36 x 5.94 x 6 x 7.06 x
EV / FCF 15.5 x 11.9 x 299 x 34.4 x 135 x 26.7 x
FCF Yield 6.45% 8.42% 0.33% 2.91% 0.74% 3.74%
Price to Book 0.8 x 0.84 x 0.66 x 0.53 x 0.54 x 0.54 x
Nbr of stocks (in thousands) 2,943 2,943 2,943 2,923 2,895 2,895
Reference price 2 485.0 572.0 475.0 445.0 423.0 440.0
Announcement Date 3/28/19 3/27/20 3/1/21 3/22/22 3/21/23 3/21/24
1CHF in Million2CHF
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,280 1,338 1,329 1,418 1,388 1,415
EBITDA 1 193.3 194.4 171.5 191.1 178.7 162.8
EBIT 1 178.6 179.8 155.1 164.4 163 145.7
Operating Margin 13.95% 13.44% 11.67% 11.6% 11.74% 10.29%
Earnings before Tax (EBT) 1 141.9 148.5 140.1 151 147.6 147.2
Net income 1 127.5 134 122.8 134.2 130.9 132.5
Net margin 9.96% 10.01% 9.24% 9.46% 9.43% 9.36%
EPS 2 43.33 45.52 41.72 45.90 44.82 45.76
Free Cash Flow 1 80.01 125 4.216 33 7.966 42.98
FCF margin 6.25% 9.34% 0.32% 2.33% 0.57% 3.04%
FCF Conversion (EBITDA) 41.4% 64.31% 2.46% 17.27% 4.46% 26.41%
FCF Conversion (Net income) 62.74% 93.32% 3.43% 24.59% 6.09% 32.44%
Dividend per Share 2 13.00 15.00 16.00 18.00 20.00 22.00
Announcement Date 3/28/19 3/27/20 3/1/21 3/22/22 3/21/23 3/21/24
1CHF in Million2CHF
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 188 199 136 166 152 125
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 80 125 4.22 33 7.97 43
ROE (net income / shareholders' equity) 7.25% 7.06% 5.95% 5.88% 5.54% 5.74%
ROA (Net income/ Total Assets) 1.39% 1.37% 1.17% 1.19% 1.16% 1.05%
Assets 1 9,159 9,751 10,538 11,318 11,281 12,678
Book Value Per Share 2 605.0 683.0 720.0 837.0 786.0 808.0
Cash Flow per Share 2 63.80 67.60 46.10 69.60 108.0 99.20
Capex 1 6.83 8.87 6.49 10.1 6.37 8.3
Capex / Sales 0.53% 0.66% 0.49% 0.71% 0.46% 0.59%
Announcement Date 3/28/19 3/27/20 3/1/21 3/22/22 3/21/23 3/21/24
1CHF in Million2CHF
Estimates
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