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Swissquote Group Holding

BST:1SQ
Snowflake Description

Good value average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1SQ
BST
CHF622M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Swissquote Group Holding Ltd, through its subsidiaries, provides online financial and foreign exchange trading services in Switzerland, Europe, North America, the Middle East, Asia, and internationally. The last earnings update was 50 days ago. More info.


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1SQ Share Price and Events
7 Day Returns
0%
BST:1SQ
-1%
DE Capital Markets
-0.6%
DE Market
1 Year Returns
-40.5%
BST:1SQ
-5%
DE Capital Markets
-5.5%
DE Market
1SQ Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swissquote Group Holding (1SQ) 0% 0% -0.1% -40.5% 52.8% 46.6%
DE Capital Markets -1% 6.7% 7.4% -5% 15.5% -38%
DE Market -0.6% 4.9% 0.9% -5.5% 7.9% 14.2%
1 Year Return vs Industry and Market
  • 1SQ underperformed the Capital Markets industry which returned -5% over the past year.
  • 1SQ underperformed the Market in Germany which returned -5.5% over the past year.
Price Volatility
1SQ
Industry
5yr Volatility vs Market

Value

 Is Swissquote Group Holding undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Swissquote Group Holding to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Swissquote Group Holding.

BST:1SQ Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 4 analysts.
= Stable Book Value * Return on Equity
= CHF27.57 * 12.7%
CHF3.50
Book Value of Equity per Share Weighted future Book Value estimates from 2 analysts. CHF27.57
Discount Rate (Cost of Equity) See below 5.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:1SQ
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.693 (1 + (1- 18%) (12.49%))
0.842
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.84
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.842 * 5.96%)
5.25%

Discounted Cash Flow Calculation for BST:1SQ using Excess Returns Model Model

The calculations below outline how an intrinsic value for Swissquote Group Holding is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BST:1SQ Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (12.7% – 5.25%) * CHF27.57)
CHF2.05
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CHF2.05 / (5.25% - 0.23%)
CHF40.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CHF27.57 + CHF40.86
CHF68.43
BST:1SQ Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:1SQ represents 0.88565x of SWX:SQN
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88565x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (CHF) x Listing Adjustment Factor
= CHF 68.43 x 0.88565
€60.61
Value per share (EUR) From above. €60.61
Current discount Discount to share price of €37.02
= -1 x (€37.02 - €60.61) / €60.61
38.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Swissquote Group Holding is available for.
Intrinsic value
39%
Share price is €37.02 vs Future cash flow value of €60.61
Current Discount Checks
For Swissquote Group Holding to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Swissquote Group Holding's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Swissquote Group Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Swissquote Group Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swissquote Group Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:1SQ PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CHF CHF2.75
SWX:SQN Share Price ** SWX (2019-06-28) in CHF CHF41.8
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 25.86x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 20.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Swissquote Group Holding.

BST:1SQ PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SWX:SQN Share Price ÷ EPS (both in CHF)

= 41.8 ÷ 2.75

15.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swissquote Group Holding is good value based on earnings compared to the DE Capital Markets industry average.
  • Swissquote Group Holding is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Swissquote Group Holding's expected growth come at a high price?
Raw Data
BST:1SQ PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
10.3%per year
Germany Capital Markets Industry PEG Ratio Median Figure of 6 Publicly-Listed Capital Markets Companies 2.64x
Germany Market PEG Ratio Median Figure of 266 Publicly-Listed Companies 1.42x

*Line of best fit is calculated by linear regression .

BST:1SQ PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.18x ÷ 10.3%

1.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swissquote Group Holding is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Swissquote Group Holding's assets?
Raw Data
BST:1SQ PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CHF CHF24.00
SWX:SQN Share Price * SWX (2019-06-28) in CHF CHF41.8
Germany Capital Markets Industry PB Ratio Median Figure of 35 Publicly-Listed Capital Markets Companies 1.98x
Germany Market PB Ratio Median Figure of 596 Publicly-Listed Companies 1.72x
BST:1SQ PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SWX:SQN Share Price ÷ Book Value per Share (both in CHF)

= 41.8 ÷ 24.00

1.74x

* Primary Listing of Swissquote Group Holding.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Swissquote Group Holding is good value based on assets compared to the DE Capital Markets industry average.
X
Value checks
We assess Swissquote Group Holding's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. Swissquote Group Holding has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Swissquote Group Holding expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swissquote Group Holding expected to grow at an attractive rate?
  • Swissquote Group Holding's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Swissquote Group Holding's earnings growth is positive but not above the Germany market average.
  • Swissquote Group Holding's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:1SQ Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:1SQ Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 10.3%
BST:1SQ Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 7.3%
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 43.2%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:1SQ Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in CHF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:1SQ Future Estimates Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 286 53 1
2021-12-31 269 55 3
2020-12-31 256 114 51 4
2019-12-31 231 108 42 4
2019-09-25
BST:1SQ Past Financials Data
Date (Data in CHF Millions) Revenue Cash Flow Net Income *
2019-06-30 223 479 41
2019-03-31 224 322 43
2018-12-31 225 164 45
2018-09-30 224 245 46
2018-06-30 223 327 47
2018-03-31 211 668 43
2017-12-31 199 1,010 39
2017-09-30 186 1,057 33
2017-06-30 174 1,105 28
2017-03-31 167 672 24
2016-12-31 160 240 21
2016-09-30 158 83 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Swissquote Group Holding's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Swissquote Group Holding's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:1SQ Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Swissquote Group Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1SQ Future Estimates Data
Date (Data in CHF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 3.85 4.09 3.61 2.00
2020-12-31 3.47 3.77 3.10 4.00
2019-12-31 2.83 2.94 2.77 4.00
2019-09-25
BST:1SQ Past Financials Data
Date (Data in CHF Millions) EPS *
2019-06-30 2.75
2019-03-31 2.90
2018-12-31 3.04
2018-09-30 3.16
2018-06-30 3.28
2018-03-31 3.01
2017-12-31 2.73
2017-09-30 2.30
2017-06-30 1.88
2017-03-31 1.63
2016-12-31 1.39
2016-09-30 1.50

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Swissquote Group Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Swissquote Group Holding's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Swissquote Group Holding has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Swissquote Group Holding performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Swissquote Group Holding's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Swissquote Group Holding has delivered over 20% year on year earnings growth in the past 5 years.
  • Swissquote Group Holding's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Swissquote Group Holding's 1-year earnings growth is negative, it can't be compared to the DE Capital Markets industry average.
Earnings and Revenue History
Swissquote Group Holding's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Swissquote Group Holding Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:1SQ Past Revenue, Cash Flow and Net Income Data
Date (Data in CHF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 223.32 40.91 94.80
2019-03-31 224.17 42.76 95.36
2018-12-31 225.02 44.60 95.91
2018-09-30 223.99 45.82 91.34
2018-06-30 222.96 47.04 86.76
2018-03-31 210.82 43.11 85.92
2017-12-31 198.68 39.18 85.07
2017-09-30 186.34 33.35 66.98
2017-06-30 173.99 27.52 48.89
2017-03-31 166.85 24.14 62.80
2016-12-31 159.70 20.75 76.72
2016-09-30 157.96 22.29 76.00
2016-06-30 156.23 23.83 75.28
2016-03-31 155.28 12.95 75.74
2015-12-31 154.33 2.08 76.19
2015-09-30 155.61 1.93 76.40
2015-06-30 156.88 1.78 76.61
2015-03-31 155.20 12.65 74.81
2014-12-31 153.52 23.52 73.01
2014-09-30 151.90 23.33 73.78
2014-06-30 142.44 9.21 70.54
2014-03-31 139.01 11.67 66.25
2013-12-31 132.03 11.66 61.65
2013-09-30 122.04 10.68 53.71
2013-06-30 121.66 24.18 51.17
2013-03-31 117.67 22.55 49.49
2012-12-31 118.49 22.00 51.12
2012-09-30 120.60 22.74 52.43

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Swissquote Group Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Swissquote Group Holding used its assets less efficiently than the DE Capital Markets industry average last year based on Return on Assets.
  • Unable to establish if Swissquote Group Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Swissquote Group Holding's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Swissquote Group Holding has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Swissquote Group Holding's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Swissquote Group Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swissquote Group Holding's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Swissquote Group Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Swissquote Group Holding's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 86.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Swissquote Group Holding Company Filings, last reported 2 months ago.

BST:1SQ Past Debt and Equity Data
Date (Data in CHF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 356.89 63.91 3,980.54
2019-03-31 356.89 63.91 3,980.54
2018-12-31 352.22 35.75 3,796.95
2018-09-30 352.22 35.75 3,796.95
2018-06-30 325.74 19.85 3,887.76
2018-03-31 325.74 19.85 3,887.76
2017-12-31 295.15 24.11 3,599.95
2017-09-30 295.15 24.11 3,599.95
2017-06-30 271.46 26.06 3,225.70
2017-03-31 271.46 26.06 3,225.70
2016-12-31 280.83 12.72 2,335.72
2016-09-30 280.83 12.72 2,335.72
2016-06-30 267.22 13.16 2,012.27
2016-03-31 267.22 13.16 2,012.27
2015-12-31 267.67 22.68 2,132.21
2015-09-30 267.67 22.68 2,132.21
2015-06-30 255.77 28.26 1,893.06
2015-03-31 255.77 28.26 1,893.06
2014-12-31 274.36 33.36 2,091.91
2014-09-30 274.36 33.36 2,091.91
2014-06-30 271.33 12.70 2,088.60
2014-03-31 271.33 12.70 2,088.60
2013-12-31 247.94 35.31 1,953.07
2013-09-30 241.25 28.08 1,983.39
2013-06-30 225.50 6.04 1,748.73
2013-03-31 245.29 3.80 1,493.29
2012-12-31 241.13 7.90 1,651.64
2012-09-30 237.72 8.38 1,708.17
  • Swissquote Group Holding's level of debt (17.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (4.8% vs 17.9% today).
  • Debt is well covered by operating cash flow (749.8%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Swissquote Group Holding's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Swissquote Group Holding's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Swissquote Group Holding has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Swissquote Group Holding's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.39%
Current annual income from Swissquote Group Holding dividends. Estimated to be 2.74% next year.
If you bought €2,000 of Swissquote Group Holding shares you are expected to receive €48 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Swissquote Group Holding's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.4%).
  • Swissquote Group Holding's dividend is below the markets top 25% of dividend payers in Germany (3.93%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:1SQ Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:1SQ Future Dividends Estimate Data
Date (Data in CHF) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 1.23 2.00
2020-12-31 1.20 3.00
2019-12-31 1.04 3.00
2019-09-25
BST:1SQ Past Annualized Dividends Data
Date (Data in CHF) Dividend per share (annual) Avg. Yield (%)
2019-03-01 1.000 2.521
2018-03-05 0.900 1.626
2017-02-28 0.600 1.861
2016-07-29 0.600 2.330
2016-03-04 0.600 2.541
2015-03-03 0.600 2.365
2014-03-05 0.600 1.944
2014-03-04 0.600 1.695
2013-02-22 0.600 1.855
2012-02-24 1.040 3.544
2011-02-25 0.600 1.476
2010-01-04 0.600 1.275
2009-01-05 0.400 0.817

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Swissquote Group Holding's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).
X
Income/ dividend checks
We assess Swissquote Group Holding's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Swissquote Group Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Swissquote Group Holding has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Swissquote Group Holding's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marc Bürki
COMPENSATION CHF875,563
AGE 58
TENURE AS CEO 20.7 years
CEO Bio

Mr. Marc Bürki has been the Chief Executive Officer at Swissquote Bank since March 2002 and Swissquote Group Holding Ltd. since 1999. Mr. Bürki serves as Founding Partner of Swissquote Group Holding Ltd. He served as Head of Sales and Marketing at Swissquote Group Holding Ltd. Until 1990, he worked as a elecommunications specialist at the European Space Agency in Nordweijk (Netherlands). In 1990, he co-founds Marvel Communication Ltd. In 1999, he became a Director of Swissquote Group Holding Ltd and Co- Chief Executive Officer of Swissquote Group with Paolo Buzzi. Mr. Bürki is a graduate from the Swiss Federal Institute of Technology (EPFL) in Lausanne, in 1987, with a degree in electrical engineering.

CEO Compensation
  • Marc's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Marc's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Swissquote Group Holding management team in years:

2.7
Average Tenure
50.5
Average Age
  • The tenure for the Swissquote Group Holding management team is about average.
Management Team

Marc Bürki

TITLE
Chief Executive Officer
COMPENSATION
CHF876K
AGE
58
TENURE
20.7 yrs

Paolo Buzzi

TITLE
Founding Partner & CTO
AGE
58

Michael Ploog

TITLE
Chief Investment Officer
AGE
59
TENURE
0.7 yrs

Morgan Lavanchy

TITLE
Chief Legal Officer
AGE
40
TENURE
2.7 yrs

Gilles Chantrier

TITLE
Chief Risk Officer
AGE
47
TENURE
2.7 yrs

Yvan Cardenas

TITLE
Chief Financial Officer
AGE
39
TENURE
0.7 yrs

Lino Finini

TITLE
Chief Operating Officer
AGE
54
TENURE
0.7 yrs

Jan De Schepper

TITLE
Chief Sales & Marketing Officer
AGE
43
TENURE
0.7 yrs

Tara Yip

TITLE
Head of Human Resources
AGE
46
TENURE
17.6 yrs

Giuseppe Tafuro

TITLE
Head of Customer Care
AGE
60
TENURE
19.4 yrs
Board of Directors Tenure

Average tenure and age of the Swissquote Group Holding board of directors in years:

2.3
Average Tenure
59
Average Age
  • The average tenure for the Swissquote Group Holding board of directors is less than 3 years, this suggests a new board.
Board of Directors

Markus Dennler

TITLE
Chairman of the Board
COMPENSATION
CHF125K
AGE
63
TENURE
0.3 yrs

Michael Ploog

TITLE
Chief Investment Officer
AGE
59

Jean-Christophe Pernollet

TITLE
Director
COMPENSATION
CHF125K
AGE
53
TENURE
4.3 yrs

Martin Naville

TITLE
Director
COMPENSATION
CHF125K
AGE
60
TENURE
12.4 yrs

Beat Oberlin

TITLE
Director
COMPENSATION
CHF125K
AGE
64
TENURE
3.3 yrs

Monica DellAnna

TITLE
Director
COMPENSATION
CHF96K
AGE
48
TENURE
1.3 yrs

Monica Dell’Anna

TITLE
Director
AGE
48
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Swissquote Group Holding's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Swissquote Group Holding has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Swissquote Group Holding Ltd, through its subsidiaries, provides online financial and foreign exchange trading services in Switzerland, Europe, North America, the Middle East, Asia, and internationally. It operates in two segments, Securities Trading and Leveraged Forex (eForex). The company provides online securities services, including custody and cryptocurrencies trading, and robo-advisory services to self-directed private investors by means of tools to route the orders to stock exchanges and third-party brokers through the Internet, and to assist them in their decision making; to independent asset managers by means of tools that allow to process grouped orders on behalf of their clients and to allow them to access their account; to institutional investors; and to investment funds and other institutional clients, as well as to third party financial institutions. It also offers access to over-the-counter leveraged foreign exchange platforms for retail and institutional customers, money managers, and third-party financial institutions. In addition, the company operates an online bank that accepts deposits, such as current and saving accounts from its customers in CHF, USD, EUR, and GBP forms; provides lombard/margin loans and loans to Swiss municipalities; invests in debt securities and other asset classes; and provides financial information, as well as sells advertising space. Swissquote Group Holding Ltd was founded in 1999 and is headquartered in Gland, Switzerland.

Details
Name: Swissquote Group Holding Ltd
1SQ
Exchange: BST
Founded: 1999
CHF573,365,547
14,875,377
Website: http://www.swissquote.ch
Address: Swissquote Group Holding Ltd
Chemin de la Crétaux 33,
Case postale 319,
Gland,
1196,
Switzerland
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SWX SQN Ordinary Registered Shares SIX Swiss Exchange CH CHF 29. May 2000
BST 1SQ Ordinary Registered Shares Boerse-Stuttgart DE EUR 29. May 2000
LSE 0QLD Ordinary Registered Shares London Stock Exchange GB CHF 29. May 2000
Number of employees
Current staff
Staff numbers
662
Swissquote Group Holding employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/25 21:29
End of day share price update: 2019/06/28 00:00
Last estimates confirmation: 2019/09/18
Last earnings filing: 2019/08/06
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.