Zuger KB ZUGER.SW
SwitzerlandFinancial Services · Banks - RegionalSIX Swiss Exchange · CHF
0.00 CHF (−100.0%)
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Zuger KB is a Swiss regional bank offering traditional banking services (loans, deposits, wealth management) to retail and corporate clients in the canton of Zug, with a conservative business model focused on long-term relationships.
Listed on SIX Swiss Exchange · Symbol ZUGER.SW · SWX: ZUGER · Currency CHF
Key points
from its scores- ✓High-quality business9.7
- ✓Favourable backdrop8.7
- ✕Demanding valuation2.1
- ✕Fragile balance sheet3.4
- ✕Weak growth4.4
AI analysis
bottom line, main risk, context and newsThe quality of the business and balance sheet strength justify the premium, but the valuation and low growth do not offer enough margin of safety to buy.
Zuger KB shows solid profitability (ROE 8.27%) and an exceptional competitive moat (operating margin 48.64%), but its valuation is demanding (P/E 24.37, adjusted P/B 2.40) and revenue growth is minimal (0.60%), limiting its appeal as a short-term investment.
The main risk is the demanding valuation (P/E 24.37, P/B 2.40) in a rising-rate environment in Europe that could compress bank multiples, along with low revenue growth (0.60%) that limits re-rating potential.
Context and risks
Zuger KB is a conservative Swiss regional bank focused on local client relationships. Its main risk is not geopolitical or commodity-related, but the interest rate environment: the ECB is raising rates while the Fed leans toward cutting, which affects net interest margins and bond portfolio valuations. Additionally, tighter global financial conditions and a strong Swiss franc could compress credit demand and raise funding costs, although its solid balance sheet (ROE 8.27%, operating margin 48.64%) mitigates the impact.
Is Zuger KB stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 42% above the Financial Services median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 24.4 | 13.7 | +78% |
| Price / book | 2.0 | 1.9 | +7% |
| Price / sales | 9.7 | 3.5 | +182% |
Sector: median of the 351 Financial Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 2.1 out of 10 (median for Financial Services: 5.2).
Average analyst target: 0.00 CHF, −100.0% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 9.7 (sector 8.8), Growth 4.4 (sector 6.9).
Classic formulas with standard assumptions (5.0% 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
- 24.4
- Price / book
- 2.0
- Price / sales
- 9.7
- Market cap
- 3.2B CHF
- Enterprise value
- 4.1B CHF
Profitability
- ROE
- 8.3%
- ROA
- 0.7%
- ROIC (approx.)
- 2.3%
- Gross margin
- 0.0%
- Operating margin
- 48.6%
- Net margin
- 39.9%
Solvency
- Total debt
- 5.3B CHF
- Net debt
- 856.6M CHF
- Cash
- 4.5B CHF
Growth
- Revenue growth
- +0.6%
- EPS (TTM)
- 457.52 CHF
Dividend
- Dividend yield
- 2.1%
- Payout
- 50.3%
Risk and market
- Beta
- 0.01
- Analyst consensus
- none (0)
- Target price
- 0.00 CHF
- 52-week range
- 8,660.00 – 11,700.00
Recent news
All ZUGER.SW news →Compare it with its sector
All 351 in Financial Services →Frequently asked questions about Zuger KB
Is Zuger KB stock cheap or expensive?
On P/E and Price / book, it trades 42% above the Financial Services median on average. Valuation score: 2.1 out of 10 (median for Financial Services: 5.2). Average analyst target: 0.00 CHF, −100.0% versus the price. This is not investment advice.
What score does Zuger KB get on MeridIAn Screener?
It scores 5.8 out of 10, rank 1,213 of 2,130 (better than 43% of the companies analysed). Its strongest category is Quality / Moat (9.7) and its weakest, Valuation (2.1). Analysis of 08/10/2026.
What is Zuger KB's P/E ratio?
Its P/E is 24.4: the share price equals 24.4 times earnings per share over the last 12 months. The Financial Services median is 13.7.
How much is Zuger KB worth on the stock market?
Its market capitalisation is 3.2B CHF.
Does Zuger KB pay a dividend?
Yes: its dividend yield is 2.06% and it pays out 50% of its earnings.
How has Zuger KB stock performed over the last year?
It has risen 29.4% over the last year, excluding dividends. Over the last 52 weeks it has traded between 8,660.00 and 11,700.00 CHF. Past performance does not guarantee future results.