VZ Holding AG/Fr. VZN
1D1W1MYTD1Y5YMAX
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 6.5B
25.58
CHF 6.46
0.55
CHF 2.95
1.79%
Price and volume
Market cap
CHF 6.5B
Beta
0.55
52-week high
CHF 182.60
52-week low
CHF 139.40
Average daily volume
23K
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)
25.575
Price to revenue (TTM)
9.83
Price to book
5.39
Price to tangible book (TTM)
5.59
Price to free cash flow (TTM)
-125.151
Free cash flow yield (TTM)
-0.80%
Free cash flow per share (TTM)
-1.32
Dividend yield (TTM)
1.79%
Forward dividend yield
1.79%
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
VZ delivered strong H1 2026 operating momentum, with revenue up 13.9% to CHF316.5 million and net profit up 17.7% to CHF131.9 million; expenses grew more slowly than revenue, indicating positive operating leverage. (VZ Holding AG)
The client and platform engine continues to compound: VZ added more than 5,100 clients from advisory projects to platform services, lifted net new money to CHF3.3 billion, and increased assets under management 19.8% to CHF67.7 billion. (VZ Holding AG)
Financial resilience and shareholder returns are supportive: VZ reported a combined common-equity capital ratio of 28.4%, and management expects the dividend to rise again in line with profit growth, subject to stable markets. (VZ Holding AG)
VZ’s H1 2026 acceleration was partly market-driven: positive equity markets boosted assets-under-management revenue, creating downside sensitivity if markets correct or client assets decline. (VZ Holding AG)
Lower interest rates remain a headwind for the banking component: VZ reported a 10.1% decline in banker income in 2025 and said lower interest income would continue to restrain growth in early 2026. (Deutsche Börse)
Valuation leaves limited room for execution misses: VP Bank’s July 2026 analysis put VZ at roughly 24.2x 2026 earnings and 5.0x book value, while the analyst consensus cited by StockAnalysis implied only about 6.3% upside. (VP Bank, StockAnalysis)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
Upcoming events
No upcoming events
Funds containing VZ Holding AG
AllEURGBPUSD
Fund name | Fund size | Fr. VZN weighting |
|---|---|---|
iShares STOXX Europe 600 Financial Services€EXH2 | €102M | 0.50% |
iShares Ageing Population€AGED | €822M | 0.27% |
Amundi STOXX Europe 600€MEUD | €7.6B | 0.03% |
Vanguard FTSE Developed Europe ex UK€VERX | €3.4B | 0.03% |
Vanguard FTSE Developed Europe ex UK£VERX | £2.9B | 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.