AlphaValue Corporate Services
Cette analyse a été commandée et financée par l’entreprise concernée et constitue donc un avantage non-monétaire mineur tel que défini par MIFID2

Swissquote Group Holding

Bloomberg   SQN SW
Bques/Brok. en ligne  /  Suisse  Web Site   |   Investors Relation
Suited for all market seasons
Potentiel 9,62 %
Cours (CHF) 271,2
Capi (MCHF) 4 157
Perf. 1S: -5,11 %
Perf. 1M: -5,70 %
Perf. 3M: 12,9 %
Perf Ytd: 34,7 %
Perf. relative/stoxx600 10j: -7,78 %
Perf. relative/stoxx600 20j: -3,52 %
Opinion change27/04/2020 15:55

More tailwinds

Changement d’OpinionAchat vs Accumuler

Changement d’EPS2020 : CHF 3,80 vs 3,72+2,28 %
2021 : CHF 4,51 vs 4,20+7,42 %

As we mentioned in our recent Latest, tailwinds are gathering today with higher volumes in H1 20 (at least) and a sharp increase in the number of accounts opening. Swissquote's recent acquisition, InternaXX, and the set up of the Singaporean operations will also add to the long-term momentum.

Changement de DCFCHF 95,2 vs 73,5+29,5 %

Our DCF is based on EBITDA expectations. Hence, as we have increased our expectations, our DCF mechanically rises too. Adding 2022 numbers with an 18% increase in EBITDA vs 2021 is obviously adding to the sharp increase in the DCF-based valuation.

Mises à Jour

23 mars 21 Opinion change
All on the 2024 guidance

22 mars 21 Publication Res./CA
Bullish (but reachable) targets

14 janv. 21 Publication Res./CA
The party is going on...

11 août 20 Publication Res./CA
Another strong set of results

17 juin 20 Autres News / Commentaires
More good news again...

27 avr. 20 Opinion change
More tailwinds