Vontobel VONN.SW
SwitzerlandFinancial Services · Asset ManagementSIX Swiss Exchange · CHF
78.50 CHF (−11.7%)
4 analysts
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Vontobel is a Swiss asset and wealth manager offering investment services, portfolio management, and financial advisory to institutional and private clients.
Listed on SIX Swiss Exchange · Symbol VONN.SW · SWX: VONN · Currency CHF
Key points
from its scores- ✓Good share-price trend9.3
- ✓Strong growth9.2
- ✓High-quality business8.4
- !Somewhat demanding valuation5.2
- !Balance sheet could be stronger5.5
AI analysis
bottom line, main risk, context and newsFundamentals are solid and valuation is not demanding, although exceptional growth could moderate.
Vontobel shows solid financial health (ROE 15.61%) and a wide competitive moat (operating margin 32.45%), with earnings growth of 87.10% that, while exceptional, does not seem unsustainable for an asset manager. Valuation is reasonable (P/E 13.35) and the dividend is well covered (payout 45.05%).
The main risk is European regulatory pressure on the asset management industry, which could compress margins and increase compliance costs.
Context and risks
Vontobel operates in Switzerland, a jurisdiction with strong minority shareholder protection, but the asset management sector is under regulatory scrutiny in Europe regarding cost transparency and conflicts of interest. Governance risk is moderate, not severe, and there are no known material litigations.
Is Vontobel stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades in line with the Financial Services median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 13.3 | 13.7 | −3% |
| Price / book | 2.0 | 1.9 | +8% |
| Price / sales | 3.1 | 3.5 | −9% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.2 out of 10 (median for Financial Services: 5.2).
Average analyst target: 78.50 CHF, −11.7% versus the price.
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Financial Services medianValuation
- P/E
- 13.3
- Forward P/E
- 14.0
- Price / book
- 2.0
- Price / sales
- 3.1
- PEG
- 3.71
- Market cap
- 5.0B CHF
- Enterprise value
- −3.9B CHF
Profitability
- ROE
- 15.6%
- ROA
- 1.0%
- ROIC (approx.)
- 6.7%
- Gross margin
- 0.0%
- Operating margin
- 32.4%
- Net margin
- 23.9%
Solvency
- Total debt
- 5.2B CHF
- Net debt
- −8.9B CHF
- Cash
- 14.1B CHF
Growth
- Revenue growth
- +23.6%
- Earnings growth
- +87.1%
- EPS (TTM)
- 6.66 CHF
- EPS (forward)
- 6.35 CHF
Dividend
- Dividend yield
- 3.4%
- Payout
- 45.0%
Risk and market
- Beta
- 0.60
- Analyst consensus
- none (4)
- Target price
- 78.50 CHF
- 52-week range
- 58.20 – 94.70
Recent news
All VONN.SW news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Vontobel
Is Vontobel stock cheap or expensive?
On P/E and Price / book, it trades in line with the Financial Services median (within 15%). Valuation score: 5.2 out of 10 (median for Financial Services: 5.2). Average analyst target: 78.50 CHF, −11.7% versus the price. This is not investment advice.
What score does Vontobel get on MeridIAn Screener?
It scores 7.1 out of 10, rank 189 of 2,130 (better than 91% of the companies analysed). Its strongest category is Momentum (9.3) and its weakest, Valuation (5.2). Analysis of 08/10/2026.
What is Vontobel's P/E ratio?
Its P/E is 13.3: the share price equals 13.3 times earnings per share over the last 12 months. The Financial Services median is 13.7. Based on the earnings analysts expect, the forward P/E is 14.0.
How much is Vontobel worth on the stock market?
Its market capitalisation is 5.0B CHF.
Does Vontobel pay a dividend?
Yes: its dividend yield is 3.37% and it pays out 45% of its earnings.
How has Vontobel stock performed over the last year?
It has risen 52.4% over the last year, excluding dividends. Over the last 52 weeks it has traded between 58.20 and 94.70 CHF. Past performance does not guarantee future results.
What do analysts think of Vontobel?
4 analysts cover it; their average recommendation is “none” and their average target is 78.50 CHF (−11.7% versus the price). It is an estimate, not market data.