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VZ Holding AG (VZN.SW)
CHF161.20
+2.20 (+1.38%)
CH SIX Financial Services Asset Management
Address
Gotthardstrasse 6 8002
Zurich, CH
Zurich, CH
CEO
Giulio Vitarelli
Website
vermoegenszentrum.ch
IPO
2007-03-22
ISIN CH0528751586
Description
VZ Holding AG, a subsidiary of Madarex Ltd. and founded in 1992 with its headquarters in Zurich, Switzerland, operates as a comprehensive financial services provider across Switzerland and Germany. The company offers a wide spectrum of services to private individuals, specifically focusing on homeowners aged 50 and above. These offerings include retirement and estate planning, investment and asset management, mortgage and real estate advice, tax optimization, pension and insurance solutions, and general banking services. For its corporate clientele, VZ Holding AG delivers specialized solutions such as occupational benefit schemes, fiduciary services, risk management, business insurance, pension fund administration, and strategic succession planning. Further enhancing its portfolio, the firm provides financial consulting and wealth management, securities trading and portfolio advisory, credit provision, guarantees, and in-depth investment research. Clients can conveniently access these services through the VZ Finanzportal, its online platform for managing financial transactions, or opt for personalized, à la carte support.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
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
CHF161.20
+2.20 (+1.38%)
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Volume Profile
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Liquidity & share structure
Average Volume
24.1K
Beta
0.56
Float Shares
14.93M
Free Float %
37.9%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | -2.49% | +2.62% | -0.40% | -1.59% | -16.23% | +96.56% | +89.54% | +134.38% | +112.29% |
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
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
161.20
DCF (Unlevered)
166.89
+3.5%
DCF (Levered)
241.35
+49.7%
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)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.39
Distress
Piotroski F-Score
7 / 9
Strong
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
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Asset Management: +17.4%+10.6% Q4'25: +18.7% (vs Q4'23)
-
EPS growth Asset Management: +22.7%+7.8% Q4'25: +21.3% (vs Q4'23)
-
FCF margin FCF growth · Asset Management: +27.7%+44.9% Q4'25: +51.0% (vs Q4'23)
-
EBIT margin Asset Management: +50.6%+43.8% Q4'25: +45.0% (vs Q4'23)
-
ROIC Asset Management: +6.5%— Q4'25: -433.9% (vs Q4'23)
-
Share dilution Asset Management: +0.0%+1.1% Q4'25: +2.3% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×2.39× ★ Q4'25: 1.24× (vs Q4'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
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.
Consensus Estimates
| Metric |
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 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 2 Rev. Ana. 1 EPS Ana. |
Dec 2028 2 Rev. Ana. 1 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
94.42M
est: 95.26M (-0.9%)
|
103.81M
est: 104.94M (-1.1%)
|
110.10M
est: 110.10M (+0.0%)
|
132.88M
est: 133.58M (-0.5%)
|
143.45M
est: 145.80M (-1.6%)
|
155.68M
est: 149.94M (+3.8%)
|
171.11M
est: 174.60M (-2.0%)
|
196.94M
est: 198.09M (-0.6%)
|
225.90M
est: 229.61M (-1.6%)
|
235.39M
est: 236.04M (-0.3%)
|
263.44M
est: 261.18M (+0.9%)
|
289.15M
est: 282.62M (+2.3%)
|
308.69M
est: 304.66M (+1.3%)
|
332.18M
est: 321.34M (+3.4%)
|
392.00M
est: 370.70M (+5.7%)
|
420.69M
est: 405.74M (+3.7%)
|
517.36M
est: 560.25M (-7.7%)
|
567.54M
est: 516.74M (+9.8%)
|
627.60M
est: 568.25M (+10.4%)
|
643.35M
640.70M – 646.01M
+13.2% YoY
|
704.03M
701.67M – 706.40M
+9.4% YoY
|
767.26M
767.26M – 767.26M
+9.0% YoY
|
826.50M
823.42M – 829.58M
+7.7% YoY
|
1.14B
1.13B – 1.14B
+37.7% YoY
|
| EBITDA |
1.89M
est: 47.41M (-96.0%)
|
46.65M
est: 44.95M (+3.8%)
|
48.79M
est: 47.21M (+3.3%)
|
63.74M
est: 59.09M (+7.9%)
|
66.01M
est: 68.92M (-4.2%)
|
72.74M
est: 67.98M (+7.0%)
|
74.70M
est: 82.21M (-9.1%)
|
88.80M
est: 87.47M (+1.5%)
|
104.05M
est: 106.78M (-2.6%)
|
115.19M
est: 109.91M (+4.8%)
|
118.45M
est: 118.62M (-0.1%)
|
135.94M
est: 120.83M (+12.5%)
|
141.14M
est: 135.12M (+4.5%)
|
155.11M
est: 151.66M (+2.3%)
|
187.81M
est: 163.67M (+14.8%)
|
197.90M
est: 168.41M (+17.5%)
|
269.34M
est: 280.33M (-3.9%)
|
312.93M
est: 258.56M (+21.0%)
|
301.45M
est: 284.33M (+6.0%)
|
321.91M
320.59M – 323.24M
+13.2% YoY
|
352.28M
351.09M – 353.46M
+9.4% YoY
|
383.91M
383.91M – 383.91M
+9.0% YoY
|
413.55M
412.01M – 415.09M
+7.7% YoY
|
569.55M
567.43M – 571.67M
+37.7% YoY
|
| EBIT |
40.10M
est: 42.70M (-6.1%)
|
42.05M
est: 42.08M (-0.1%)
|
46.48M
est: 44.06M (+5.5%)
|
61.35M
est: 56.42M (+8.7%)
|
63.13M
est: 67.07M (-5.9%)
|
66.82M
est: 64.89M (+3.0%)
|
72.69M
est: 77.44M (-6.1%)
|
86.29M
est: 82.48M (+4.6%)
|
100.68M
est: 100.64M (+0.0%)
|
100.39M
est: 104.16M (-3.6%)
|
106.26M
est: 110.98M (-4.3%)
|
122.44M
est: 111.68M (+9.6%)
|
129.09M
est: 124.14M (+4.0%)
|
137.32M
est: 133.85M (+2.6%)
|
167.43M
est: 144.45M (+15.9%)
|
178.01M
est: 148.63M (+19.8%)
|
246.25M
est: 254.08M (-3.1%)
|
287.76M
est: 234.35M (+22.8%)
|
275.13M
est: 257.71M (+6.8%)
|
291.77M
290.57M – 292.98M
+13.2% YoY
|
319.29M
318.22M – 320.36M
+9.4% YoY
|
347.97M
347.97M – 347.97M
+9.0% YoY
|
374.83M
373.44M – 376.23M
+7.7% YoY
|
516.22M
514.30M – 518.15M
+37.7% YoY
|
| Net Income |
30.59M
est: 152.69M (-80.0%)
|
34.34M
est: 33.71M (+1.9%)
|
37.61M
est: 35.99M (+4.5%)
|
49.34M
est: 45.62M (+8.1%)
|
51.01M
est: 53.85M (-5.3%)
|
54.30M
est: 52.45M (+3.5%)
|
60.01M
est: 63.23M (-5.1%)
|
70.43M
est: 68.07M (+3.5%)
|
84.28M
est: 82.17M (+2.6%)
|
84.09M
est: 87.19M (-3.6%)
|
86.75M
est: 92.97M (-6.7%)
|
98.14M
est: 94.43M (+3.9%)
|
102.16M
est: 104.34M (-2.1%)
|
117.27M
est: 109.61M (+7.0%)
|
142.59M
est: 118.29M (+20.5%)
|
151.10M
est: 160.75M (-6.0%)
|
186.94M
est: 205.52M (-9.0%)
|
218.23M
est: 214.69M (+1.6%)
|
236.44M
est: 235.60M (+0.4%)
|
264.13M
263.58M – 264.69M
+12.1% YoY
|
286.27M
284.83M – 287.70M
+8.4% YoY
|
311.59M
310.08M – 313.10M
+8.8% YoY
|
340.40M
338.75M – 342.05M
+9.2% YoY
|
365.60M
363.83M – 367.37M
+7.4% YoY
|
| SGA |
10.68M
est: 7.67M (+39.2%)
|
43.01M
est: 44.07M (-2.4%)
|
—
est: 45.11M (-100.0%)
|
—
est: 54.84M (-100.0%)
|
—
est: 56.36M (-100.0%)
|
15.87M
est: 79.60M (-80.1%)
|
18.70M
est: 97.00M (-80.7%)
|
21.13M
est: 107.10M (-80.3%)
|
25.46M
est: 123.23M (-79.3%)
|
26.70M
est: 123.98M (-78.5%)
|
33.72M
est: 140.49M (-76.0%)
|
31.29M
est: 159.36M (-80.4%)
|
31.79M
est: 162.89M (-80.5%)
|
35.54M
est: 166.22M (-78.6%)
|
43.87M
est: 179.38M (-75.5%)
|
42.94M
est: 184.58M (-76.7%)
|
16.91M
est: 38.19M (-55.7%)
|
27.85M
est: 35.22M (-20.9%)
|
28.27M
est: 38.73M (-27.0%)
|
43.85M
43.67M – 44.03M
+13.2% YoY
|
47.99M
47.83M – 48.15M
+9.4% YoY
|
52.30M
52.30M – 52.30M
+9.0% YoY
|
56.34M
56.13M – 56.55M
+7.7% YoY
|
77.59M
77.30M – 77.88M
+37.7% YoY
|
| EPS |
0.76
est: 3.86 (-80.3%)
|
0.86
est: 4.05 (-78.8%)
|
0.95
est: 0.88 (+7.9%)
|
1.25
est: 1.23 (+1.3%)
|
1.30
est: 1.30 (+0.2%)
|
1.38
est: 1.30 (+6.3%)
|
1.52
est: 1.57 (-2.9%)
|
1.78
est: 1.76 (+0.9%)
|
2.12
est: 2.12 (+0.1%)
|
2.11
est: 2.13 (-1.1%)
|
2.18
est: 2.32 (-6.1%)
|
2.47
est: 2.41 (+2.3%)
|
2.59
est: 2.59 (-0.1%)
|
2.99
est: 2.95 (+1.3%)
|
3.62
est: 3.50 (+3.4%)
|
3.85
est: 3.65 (+5.5%)
|
4.75
est: 5.14 (-7.5%)
|
5.52
est: 5.37 (+2.8%)
|
5.98
est: 5.88 (+1.7%)
|
6.60
6.59 – 6.62
+12.3% YoY
|
7.16
7.12 – 7.19
+8.4% YoY
|
7.79
7.75 – 7.83
+8.8% YoY
|
8.51
8.47 – 8.55
+9.2% YoY
|
9.14
9.10 – 9.18
+7.4% 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 | 1/5 | 1/5 |
| 2026-05-28 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-27 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-26 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-19 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-18 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-15 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-13 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-12 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-11 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-08 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-07 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-06 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-05 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-04 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-30 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-29 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-17 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-16 | B+ | 3/5 | 4/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
| 2026-04-15 | A- | 4/5 | 5/5 | 5/5 | 5/5 | 2/5 | 2/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
903.82M
OE per share TTM
22.76
Owner's Yield
15.06%
Maintenance CapEx ratio
5.91%
Maint CapEx / Avg PPE
33.5%
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
175.6K
Shares Outstanding
39.39M
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
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Rafael Pfaffen | Chief Financial Officer & Member of Executive Board | 1M | male |
| Giulio Vitarelli | Chief Executive Officer & Member of Executive Board | 1M | male |
| Marc Weber | Member of Executive Board | — | male |
| Petra Mark | Head of Investor Relations | — | male |
| Philipp Heer | Member of Executive Board | — | male |
| Simon Tellenbach | MD Corporate Clients & Insurance Brokerage and Member of Executive Board | — | male |
| Adriano Pavone | Head of Media Communications | — | — |
| Thomas Schonbucher | Member of Executive Board | — | male |
| Manuel Rutsche | Member of Executive Board | — | 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
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for VZN.SW
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
