Helvetia Holding AG/€HELN
1D1W1MYTD1Y5YMAX
Capital at risk
About Helvetia Holding AG
Helvetia Holding AG is an insurance company headquartered in St. Gallen, Switzerland. The company operates in the insurance and pension sectors, offering property, liability, life, and reinsurance products. Helvetia has a significant presence in Europe, focusing on markets in Switzerland, Germany, Austria, Italy, Spain, and France. The firm was established in 1858 and has since expanded its services and geographic reach through strategic acquisitions and alliances. Helvetia emphasizes its multi-channel distribution network and diversified portfolio, which are central to its competitive strategy and customer service offerings.
- Ticker
- €HELN
- Sector
- Finance
- Primary listing
- XGAT
- Employees
- 20,597
- Headquarters
- Basel, Switzerland
- Website
- www.helvetia-baloise.com
HELN Metrics
BasicAdvanced
€22B
52.29
€4.22
0.33
€8.46
3.84%
Price and volume
Market cap
€22B
Beta
0.33
52-week high
€247.80
52-week low
€203.40
Average daily volume
156K
Dividend rate
€8.46
Financial strength
Current ratio
2.69
Quick ratio
2.459
Long term debt to equity
1.368
Total debt to equity
1.368
Dividend payout ratio (TTM)
250.14%
Interest coverage (TTM)
8.20%
Profitability
EBITDA (TTM)
1,347.048
Gross margin (TTM)
23.48%
Net profit margin (TTM)
2.25%
Operating margin (TTM)
7.17%
Effective tax rate (TTM)
29.08%
Revenue per employee (TTM)
€729,170
Management effectiveness
Return on assets (TTM)
0.61%
Return on equity (TTM)
3.93%
Valuation
Price to earnings (TTM)
52.289
Price to revenue (TTM)
1.154
Price to book
1.66
Price to tangible book (TTM)
4.34
Price to free cash flow (TTM)
36.352
Free cash flow yield (TTM)
2.75%
Free cash flow per share (TTM)
6.063
Dividend yield (TTM)
3.84%
Forward dividend yield
3.84%
Growth
Revenue change (TTM)
46.48%
Earnings per share change (TTM)
-61.51%
3-year revenue growth (CAGR)
16.55%
10-year revenue growth (CAGR)
4.29%
3-year earnings per share growth (CAGR)
-24.90%
10-year earnings per share growth (CAGR)
-4.83%
3-year dividend per share growth (CAGR)
9.28%
10-year dividend per share growth (CAGR)
7.32%
Bulls say / Bears say
Underlying operating performance is strong. First-half underlying earnings reached CHF 631.6 million, annualised underlying return on adjusted equity was 18.7%, and the 92.0% combined ratio points to disciplined non-life underwriting. (MarketScreener)
The merger is already producing efficiencies faster than planned. Nearly half of the CHF 650 million long-term synergy and efficiency target had been secured by the end of June, prompting management to raise its end-2026 guidance to about 60%. (MarketScreener)
The combined group has a strong capital cushion. Its estimated Swiss Solvency Test ratio was around 270% at the 2026 half-year mark, while S&P reaffirmed an A+ financial-strength rating with a stable outlook. (EQS News)
The merger has made reported earnings much weaker than underlying earnings: merger-related intangible-asset amortisation of CHF 671.7 million materially hit the first-half IFRS result. That creates a near-term statutory EPS and investor-confidence overhang, even if much of the charge is non-cash. (MarketScreener)
Integration still carries substantial execution risk. Management expects CHF 500–600 million of integration costs, with deeper IT, process and legal-entity work continuing through 2028 and the full brand transition only expected by 2030. (Webdisclosure)
The life business has a structural growth weakness in Switzerland. Life business volume fell 2.7% on a currency-adjusted basis because demand for full-insurance solutions and sales of lower-margin single-premium products declined. (Webdisclosure)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
HELN Financial Performance
Revenues and expenses
HELN Earnings Performance
Company profitability
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.