Swiss Prime Site AG/Fr. SPSN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Swiss Prime Site AG
Swiss Prime Site AG, headquartered in Zug, Switzerland, is a real estate investment company specializing in the acquisition, development, sale, and leasing of commercial properties. Founded in 1999, the company operates through two primary segments: Real Estate and Asset Management. The Real Estate segment focuses on managing a portfolio valued at approximately CHF 13 billion, comprising office, retail, and infrastructure properties located mainly in the metropolitan regions of Zurich, Geneva, and Basel. The Asset Management segment, under Swiss Prime Site Solutions, oversees assets totaling around CHF 13 billion, offering investment opportunities such as open- and closed-end funds and advisory services to third-party investors. Notable properties include the Prime Tower in Zurich, a 126-meter office building completed in 2011. The company's strategic positioning emphasizes sustainable and value-oriented real estate investments, leveraging its extensive experience and scale to drive innovation and create long-term value.
- Ticker
- Fr. SPSN
- Sector
- Real Estate
- Primary listing
- XSWX
- Employees
- 189
- Headquarters
- Zug, Switzerland
- Website
- sps.swiss
SPSN Metrics
BasicAdvanced
CHF 10B
24.78
CHF 5.09
-
CHF 3.50
1.39%
Price and volume
Market cap
CHF 10B
52-week high
CHF 147.60
52-week low
CHF 112.70
Average daily volume
122K
Dividend rate
CHF 3.50
Financial strength
Current ratio
0.104
Quick ratio
0.09
Long term debt to equity
0.76
Total debt to equity
0.872
Dividend payout ratio (TTM)
68.37%
Interest coverage (TTM)
5.72%
Profitability
EBITDA (TTM)
430.728
Gross margin (TTM)
90.19%
Net profit margin (TTM)
73.38%
Operating margin (TTM)
76.20%
Effective tax rate (TTM)
22.90%
Revenue per employee (TTM)
CHF 2,960,000
Management effectiveness
Return on assets (TTM)
1.85%
Return on equity (TTM)
5.94%
Valuation
Price to earnings (TTM)
24.783
Price to revenue (TTM)
18.075
Price to book
1.45
Price to tangible book (TTM)
1.53
Price to free cash flow (TTM)
26.83
Free cash flow yield (TTM)
3.73%
Free cash flow per share (TTM)
4.7
Dividend yield (TTM)
2.78%
Forward dividend yield
1.39%
Growth
Revenue change (TTM)
-11.02%
Earnings per share change (TTM)
10.77%
3-year revenue growth (CAGR)
-6.61%
10-year revenue growth (CAGR)
-5.98%
3-year earnings per share growth (CAGR)
5.53%
10-year earnings per share growth (CAGR)
1.73%
3-year dividend per share growth (CAGR)
0.97%
10-year dividend per share growth (CAGR)
-0.55%
What the Analysts think about SPSN
Analyst ratings (Buy, Hold, Sell) for Swiss Prime Site AG stock.
Analyst projections of the future price of Swiss Prime Site AG stock.
Bulls say / Bears say
Rental income rose 2.2% in the first half of 2026 and management expects it to keep growing, with vacancy falling from 3.7%. FFO I per share rose 2.4%, and the company expects full-year FFO I at the top end of its CHF 4.25–4.30 guidance range. (Swiss Prime Site)
The asset-management business is adding scale: record first-half inflows of CHF 0.95 billion lifted assets under management to CHF 14.8 billion, while income rose 5.2%. More than two-thirds of that income was recurring, supporting a growing fee base alongside property rent. (Swiss Prime Site)
Financing costs remain low: the average interest rate fell to 0.83% from 0.98% a year earlier, and average debt maturity extended to four years. That should help contain interest costs and gives the group more time before refinancing is needed. (EQS News)
Underlying rental growth was modest: like-for-like rents rose only 1.4% in the first half, while the vacancy rate was unchanged at 3.7% from year-end. This leaves limited organic growth if new leases and rent increases slow. (Swiss Prime Site)
The loan-to-value ratio rose to 39.9% from 38.1% at the end of 2025, above the company’s stated aim of getting below 39%. Although management attributed the rise partly to the dividend payment, leverage leaves less headroom if property values weaken or borrowing costs rise. (Investing.com)
Swiss Prime Site abandoned its planned Maag residential tower after legal uncertainty blocked reliable development plans, giving up the prospect of the tower’s higher rental income. It now plans a CHF 60 million refurbishment from 2029, with the proposed museum use still at the letter-of-intent stage. (NZZ, Finanzwire)
Data summarised monthly by Lightyear AI. Last updated on 4 Oct 2026.
SPSN Financial Performance
Revenues and expenses
SPSN Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing SPSN
AllEURUSDGBP
Fund name | Fund size | Fr. SPSN weighting |
|---|---|---|
iShares European Property Yield€IPRP | €833M | 9.30% |
iShares European Property Yield£IPRP | €833M | 9.30% |
iShares STOXX Europe 600 Real Estate€EXI5 | €63M | 7.81% |
VanEck Global Real Estate£TREG | €448M | 0.91% |
VanEck Global Real Estate€TRET | €448M | 0.91% |
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.