VZ Holding AG/Fr. VZN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About VZ Holding AG
VZ Holding AG is a Swiss financial services company specializing in wealth management, pension planning, and insurance brokerage. It operates primarily through its subsidiaries, offering financial advisory services and asset management solutions. The company provides insurance products and investment advice tailored to private and corporate clients, focusing on comprehensive financial planning. Founded in 1993, VZ Holding AG is headquartered in Zurich, Switzerland, and serves clients across the country through a network of branches. The company differentiates itself by integrating digital platforms with personalized advisory services, leveraging technology to enhance client engagement and service efficiency.
- Ticker
- Fr. VZN
- Sector
- Finance
- Primary listing
- XSWX
- Employees
- 1,794
- Headquarters
- Zurich, Switzerland
- Website
- www.vermoegenszentrum.ch/en
VZ Holding AG Metrics
BasicAdvanced
CHF 6.7B
26.04
CHF 6.46
0.56
CHF 2.95
1.75%
Price and volume
Market cap
CHF 6.7B
Beta
0.56
52-week high
CHF 182.60
52-week low
CHF 139.40
Average daily volume
25K
Dividend rate
CHF 2.95
Financial strength
Current ratio
0.348
Quick ratio
0.343
Long term debt to equity
0.632
Total debt to equity
0.78
Dividend payout ratio (TTM)
45.44%
Interest coverage (TTM)
42.03%
Profitability
EBITDA (TTM)
312.894
Gross margin (TTM)
64.74%
Net profit margin (TTM)
38.60%
Operating margin (TTM)
45.69%
Effective tax rate (TTM)
13.52%
Revenue per employee (TTM)
CHF 370,000
Management effectiveness
Return on assets (TTM)
2.25%
Return on equity (TTM)
22.59%
Valuation
Price to earnings (TTM)
26.04
Price to revenue (TTM)
10.009
Price to book
5.51
Price to tangible book (TTM)
5.71
Price to free cash flow (TTM)
-127.424
Free cash flow yield (TTM)
-0.78%
Free cash flow per share (TTM)
-1.32
Dividend yield (TTM)
1.75%
Forward dividend yield
1.75%
Growth
Revenue change (TTM)
9.49%
Earnings per share change (TTM)
12.34%
3-year revenue growth (CAGR)
13.26%
10-year revenue growth (CAGR)
11.29%
3-year earnings per share growth (CAGR)
16.35%
10-year earnings per share growth (CAGR)
12.20%
3-year dividend per share growth (CAGR)
19.24%
10-year dividend per share growth (CAGR)
13.38%
Bulls say / Bears say
H1 2026 revenue rose 13.9% and net profit grew 17.7%; expenses increased more slowly, lifting the EBIT margin to 48.4% from 46.8%. This shows VZ can turn revenue growth into faster profit growth. (EQS News, Investing.com)
Demand for advice remains strong: VZ added more than 5,100 net platform clients from advisory work, while net new money rose to CHF 3.3bn and assets under management grew 19.8% to CHF 67.7bn. A larger client and asset base can support recurring fee income. (EQS News)
VZ completed its full acquisition of UK wealth manager Lumin in May and plans to expand through further independent-adviser acquisitions. If it integrates these firms well, the UK business could become an additional source of growth beyond Switzerland. (Stock Analysis)
The interest business fell 2.4% and transaction fees dropped 6.7% in H1. Management expects the net interest margin to remain around its first-half level only if Swiss National Bank policy and its exemption threshold stay stable, leaving these revenue streams exposed to rate and activity changes. (Investing.com)
VZ shares trade at about five times book value, a premium to most Swiss financial stocks, according to The Market. That rich valuation leaves less room for disappointment if growth slows or investor appetite for premium-priced financial firms fades. (The Market)
Data summarised monthly by Lightyear AI. Last updated on 7 Oct 2026.
VZ Holding AG Financial Performance
Revenues and expenses
VZ Holding AG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing VZ Holding AG
AllEURUSDGBP
Fund name | Fund size | Fr. VZN weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €104M | 0.52% |
iShares Ageing Population$AGED | $953M | 0.28% |
iShares Ageing Population€AGED | $903M | 0.28% |
iShares Ageing Population£AGES | $953M | 0.28% |
Vanguard FTSE Developed Europe ex UK$VERE | €1.4B | 0.03% |
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.