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Partners Group Holding AG (PGHN.SW)

CHF699.20 +0.80 (+0.11%)
CH SIX Financial Services Asset Management
Address Zugerstrasse 57 6341
Baar, CH
CEO David Michael Layton
IPO 2006-03-24
ISIN CH0024608827

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Also trades on London Stock Exchange · 0QOQ.L (CHF) Other OTC · PGPHF (USD) Swiss Exchange · PGHN.SW (CHF)
Description

Partners Group Holding AG is a leading global investment manager concentrating its efforts in the private markets. The firm actively engages in direct investments, acquiring existing stakes (secondaries), and making primary commitments to new funds across private equity, real estate, infrastructure, and debt, while also allocating capital to a diverse range of other alternative asset funds. Its investment strategy is comprehensive, covering various stages from seed capital, early-, mid-, and late-stage venture to emerging growth, mature enterprises, buyouts, recapitalizations, industry consolidation, distressed assets, and special situations. In direct private equity, Partners Group targets industries such as healthcare, consumer goods, media & telecommunications, education, information technology, industrials, infrastructure/energy & utilities, financial and business services, and real estate operating companies. For private real estate, the firm seeks out global property opportunities, including secondaries and primaries, with a particular focus on distressed assets in the United States, Europe, and Japan. Within the private debt sector, the firm provides senior and mezzanine financing, participates in secondary and primary debt transactions, and supports add-on acquisitions. These private debt and broader investment activities frequently target middle-market companies across the Americas, Europe, and Asia. Its energy infrastructure focus includes midstream assets, power generation, gas transportation and export infrastructure, alongside renewable energy solutions such as wind and solar. With a global investment mandate, Partners Group pays special attention to regions including South Africa, China, India, the Philippines, Austria, France, Germany, Switzerland, Russia, Brazil, and Chile. The firm typically commits equity investments ranging from 500,000 to 100 million in companies with an enterprise valuation between 100 million and 2 billion. As a value-add investor, it frequently secures both majority and minority stakes in its portfolio companies. Beyond direct investments, it also allocates capital to various funds, including venture capital, mezzanine, private equity, real estate, distressed, turnaround, and secondary funds. Founded in 1996, Partners Group Holding AG is based in Baar, Switzerland, and maintains a substantial international presence with additional offices throughout North America, South America, Europe, Australia, and Asia.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CHF699.20 +0.80 (+0.11%)
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Volume Profile
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Liquidity & share structure
Average Volume
153.1K
Beta
0.95
Float Shares
21.29M
Free Float %
82.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.70% -4.74% -2.45% -3.52% -13.18% -19.69% -23.16% +0.78% -39.49% +97.42% +884.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
699.20
DCF (Unlevered) 827.30 +18.3%
DCF (Levered) 687.45 -1.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 2 -1
Buy 4 -1
Hold 6 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.36
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Asset Management: +17.4%
    +32.2% Q4'25: +70.5% (vs Q4'23)
  • EPS growth Asset Management: +22.7%
    +12.5% Q4'25: +51.7% (vs Q4'23)
  • FCF margin FCF growth · Asset Management: +27.7%
    +43.9% Q4'25: +66.4% (vs Q4'23)
  • EBIT margin Asset Management: +50.6%
    +56.5% Q4'25: +56.4% (vs Q4'23)
  • ROIC Asset Management: +6.5%
    +30.0% Q4'25: +65.4% (vs Q4'23)
  • Share dilution Asset Management: +0.0%
    -0.6% Q4'25: -0.6% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×
    1.50× Q4'25: 0.70× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.95) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 827.30 Current price: 699.20
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
11 Rev. Ana.
9 EPS Ana.
Dec 2027
11 Rev. Ana.
9 EPS Ana.
Dec 2028
7 Rev. Ana.
4 EPS Ana.
Dec 2029
3 Rev. Ana.
2 EPS Ana.
Dec 2030
6 Rev. Ana.
2 EPS Ana.
Revenue
274.22M
est: 199.33M (+37.6%)
310.82M
est: 306.32M (+1.5%)
323.23M
est: 323.72M (-0.2%)
321.78M
est: 333.01M (-3.4%)
376.20M
est: 376.43M (-0.1%)
337.86M
est: 369.26M (-8.5%)
435.43M
est: 434.60M (+0.2%)
488.43M
est: 492.19M (-0.8%)
573.79M
est: 585.55M (-2.0%)
618.60M
est: 605.26M (+2.2%)
972.82M
est: 911.68M (+6.7%)
1.24B
est: 1.11B (+11.7%)
1.32B
est: 1.32B (-0.2%)
1.61B
est: 1.46B (+10.3%)
1.41B
est: 1.33B (+5.7%)
2.62B
est: 2.40B (+8.9%)
1.87B
est: 1.85B (+0.7%)
1.94B
est: 1.87B (+4.0%)
2.12B
est: 2.08B (+1.8%)
2.80B
est: 2.56B (+9.7%)
2.65B
2.48B – 2.87B
+3.5% YoY
3.15B
2.92B – 3.38B
+19.1% YoY
3.52B
3.50B – 3.54B
+11.7% YoY
3.92B
3.65B – 4.22B
+11.3% YoY
4.22B
3.92B – 4.54B
+7.6% YoY
EBITDA
166.30M
est: 137.66M (+20.8%)
231.56M
est: 287.37M (-19.4%)
235.02M
est: 223.57M (+5.1%)
227.18M
est: 142.16M (+59.8%)
249.76M
est: 243.80M (+2.4%)
239.14M
est: 255.02M (-6.2%)
296.86M
est: 310.59M (-4.4%)
285.47M
est: 370.68M (-23.0%)
344.20M
est: 506.25M (-32.0%)
364.14M
est: 525.24M (-30.7%)
594.86M
est: 725.10M (-18.0%)
817.00M
est: 825.67M (-1.1%)
870.30M
est: 1.07B (-18.9%)
1.02B
est: 1.03B (-1.0%)
895.10M
est: 997.39M (-10.3%)
1.66B
est: 1.25B (+32.5%)
1.14B
est: 1.44B (-20.6%)
1.20B
est: 1.15B (+4.6%)
1.32B
est: 2.07B (-36.3%)
1.65B
est: 1.57B (+5.1%)
1.63B
1.53B – 1.77B
+3.5% YoY
1.94B
1.80B – 2.08B
+19.1% YoY
2.17B
2.16B – 2.18B
+11.7% YoY
2.41B
2.24B – 2.60B
+11.3% YoY
2.59B
2.41B – 2.79B
+7.6% YoY
EBIT
162.35M
est: 133.21M (+21.9%)
227.53M
est: 219.76M (+3.5%)
229.36M
est: 235.00M (-2.4%)
221.84M
est: 237.42M (-6.6%)
242.14M
est: 247.71M (-2.3%)
223.10M
est: 237.69M (-6.1%)
280.86M
est: 228.09M (+23.1%)
277.97M
est: 285.40M (-2.6%)
336.92M
est: 333.86M (+0.9%)
356.83M
est: 346.32M (+3.0%)
589.04M
est: 600.49M (-1.9%)
811.40M
est: 718.55M (+12.9%)
864.80M
est: 967.91M (-10.7%)
1.01B
est: 953.49M (+5.7%)
885.40M
est: 910.21M (-2.7%)
1.65B
est: 1.14B (+44.3%)
1.13B
est: 1.31B (-13.6%)
1.19B
est: 1.13B (+5.3%)
1.31B
est: 1.89B (-30.8%)
1.58B
est: 1.55B (+2.1%)
1.61B
1.50B – 1.74B
+3.5% YoY
1.91B
1.77B – 2.05B
+19.1% YoY
2.14B
2.13B – 2.15B
+11.7% YoY
2.38B
2.21B – 2.56B
+11.3% YoY
2.56B
2.38B – 2.76B
+7.6% YoY
Net Income
154.16M
est: 132.86M (+16.0%)
255.04M
est: 236.97M (+7.6%)
170.46M
est: 263.52M (-35.3%)
204.87M
est: 175.70M (+16.6%)
296.54M
est: 229.04M (+29.5%)
202.24M
est: 290.66M (-30.4%)
257.28M
est: 237.86M (+8.2%)
317.00M
est: 291.40M (+8.8%)
375.22M
est: 376.10M (-0.2%)
395.93M
est: 392.96M (+0.8%)
558.14M
est: 591.16M (-5.6%)
752.30M
est: 680.86M (+10.5%)
769.30M
est: 897.42M (-14.3%)
899.90M
est: 848.19M (+6.1%)
804.80M
est: 812.92M (-1.0%)
1.46B
est: 1.02B (+43.2%)
1.00B
est: 1.09B (-8.0%)
1.00B
est: 960.20M (+4.5%)
1.13B
est: 1.20B (-5.9%)
1.26B
est: 1.26B (+0.0%)
1.31B
1.14B – 1.42B
+3.7% YoY
1.54B
1.37B – 1.66B
+18.1% YoY
1.69B
1.62B – 1.80B
+9.4% YoY
1.95B
1.77B – 2.14B
+15.3% YoY
2.13B
1.94B – 2.34B
+9.3% YoY
SGA
10.34M
est: 4.51M (+129.2%)
14.87M
est: 83.75M (-82.2%)
22.14M
est: 81.95M (-73.0%)
23.85M
est: 90.73M (-73.7%)
28.74M
est: 109.04M (-73.6%)
29.03M
est: 123.99M (-76.6%)
25.72M
est: 157.71M (-83.7%)
34.06M
est: 195.36M (-82.6%)
36.43M
est: 227.32M (-84.0%)
42.16M
est: 238.04M (-82.3%)
10.40M
est: 375.00M (-97.2%)
11.40M
est: 454.13M (-97.5%)
600.0K
est: 470.86M (-99.9%)
800.0K
est: 458.44M (-99.8%)
600.0K
est: 486.99M (-99.9%)
800.0K
est: 612.09M (-99.9%)
800.0K
est: 701.03M (-99.9%)
900.0K
est: 570.5K (+57.8%)
700.0K
est: 638.8K (+9.6%)
est: 781.5K (-100.0%)
809.2K
757.8K – 877.0K
+3.5% YoY
963.8K
892.1K – 1.03M
+19.1% YoY
1.08M
1.07M – 1.08M
+11.7% YoY
1.20M
1.11M – 1.29M
+11.3% YoY
1.29M
1.20M – 1.39M
+7.6% YoY
EPS
5.62
est: 5.08 (+10.7%)
10.14
est: 8.13 (+24.8%)
6.88
est: 7.68 (-10.4%)
8.29
est: 7.80 (+6.3%)
11.94
est: 10.65 (+12.1%)
7.99
est: 8.84 (-9.6%)
10.14
est: 9.81 (+3.4%)
12.34
est: 10.92 (+13.0%)
14.48
est: 13.29 (+9.0%)
14.99
est: 14.79 (+1.3%)
21.15
est: 19.26 (+9.8%)
28.37
est: 24.91 (+13.9%)
28.91
est: 28.86 (+0.2%)
33.93
est: 30.95 (+9.6%)
30.63
est: 26.12 (+17.3%)
56.19
est: 50.65 (+10.9%)
39.34
est: 37.02 (+6.3%)
38.70
est: 36.95 (+4.7%)
43.40
est: 41.11 (+5.6%)
48.63
est: 49.53 (-1.8%)
48.51
43.67 – 54.66
-2.1% YoY
58.49
52.62 – 63.64
+20.6% YoY
65.44
62.21 – 69.36
+11.9% YoY
74.85
68.09 – 82.38
+14.4% YoY
81.80
74.41 – 90.03
+9.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-28 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-27 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-26 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-22 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-21 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-20 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-19 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-18 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-15 B 3/5 3/5 5/5 5/5 2/5 1/5 1/5
2026-05-13 B 3/5 3/5 5/5 5/5 2/5 1/5 1/5
2026-05-12 B 3/5 3/5 5/5 5/5 2/5 1/5 1/5
2026-05-11 B 3/5 3/5 5/5 5/5 2/5 1/5 1/5
2026-05-08 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-07 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-06 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-05 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-05-04 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-30 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-29 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-28 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-27 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-24 B 3/5 3/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-22 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-21 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-20 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-17 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-15 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.22B
OE per share TTM
85.13
Owner's Yield
10.35%
Maintenance CapEx ratio
15.03%
Maint CapEx / Avg PPE
17.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
892.6K
Shares Outstanding
25.78M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
David Michael Layton Chief Executive Officer & Global Executive Board Member 2M male
Stefan Naf Partner, Chairman of Clients, Co-Head Client Solutions Americas & Member of Global Executive Board 806.0K male
Stephan Schäli Partner, Chief Investment Officer & Global Executive Board Member 759.0K
Alfred Gantner Co-Founder & Executive Member of Board of Director 352.0K male
Steffen Meister Partner & Executive Chairman of the Board of Directors 352.0K male
Urs Wietlisbach Co-Founder & Member of the Board of Director 351.0K male
Marcel Erni Co-Founder & Executive Member of the Board of Directors 351.0K
Roberto Cagnati Partner, Co-Head Clients Pillar & Head Portfolio Solutions male
Juri Jenkner Partner & President male
Joris Gröflin Liebherr Partner, CFO, Head of Finance, Treasury & Member of the Executive Team and Global Exec. Board male
Andreas Knecht Partner & Group General Counsel male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits