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Swiss Life Holding AG SLHN.SW

CH · SIX Swiss Exchange · XSWX · stock · Financial Services · website

Swiss Life Holding AG statistics & valuation

Market capCHF 26.1B
P / E21.2×
P / S1.5×
P / B3.6×
Net margin6.9%
Net debtCHF 4.6B
Enterprise value USD$37.7B
Graham number -45.8%CHF 505.88

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CHF 505.88); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.50% 6.10% 6.50% 6.90% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
13.00% 13.20% 16.10% 16.80% 2022202320242025
Shares outstanding
27.9M 27.9M 27.9M 27.9M 2022202320242025
Net debt (CHF )
CHF 4.36B -CHF 1.69B CHF 4.35B CHF 4.60B 2022202320242025
Share buybacks (CHF )
CHF 726.0M CHF 442.0M CHF 639.0M CHF 525.0M 2022202320242025
Return on assets (%)
0.60% 0.50% 0.60% 0.60% 2022202320242025
Free cash flow margin (%)
2022202320242025
Debt / equity (×)
1.24× 0.51× 1.25× 1.35× 2022202320242025
EPS (CHF )
CHF 38.62 CHF 37.01 CHF 42.29 CHF 43.47 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Swiss Life Holding AG trades at about 21.5× earnings — above its 10-year norm (10-year range 14×–19.5×, median 17.7×).

14× 21.5×

Shaded band = 10-year range (14×–19.5×); dot = today's 21.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin6.9%6.5%6.1%11.5%
Return on assets0.6%0.6%0.5%0.6%
Return on equity16.8%16.1%13.2%13.0%
Debt / equity1.32×1.23×0.51×1.21×

Computed from company filings · CH · as of 2025-12-31. Figures in CHF. Facts plus Stocktoria's own computed scores — not investment advice.