(BAER) Julius Baer Gruppe - SW
Sector: Financial Services | Industry: Asset Management | Exchange: SW (Switzerland) | Market Cap: 13.263m CHF | Total Return: 31.8% in 12m
Avg Turnover: 34.2M
EPS Trend: -51.4%
Qual. Beats: 0
Rev. Trend: 9.8%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Confidence
Julius Bär Gruppe AG is a Swiss-based pure-play wealth management group headquartered in Zurich. Founded in 1890, the firm operates across Europe, Asia, and the Americas, focusing on investment advisory, discretionary mandates, and specialized family office services. Its business model relies on an open product platform, which allows advisors to select third-party financial products rather than relying solely on proprietary offerings.
The company operates within the Asset Management and Custody Banks sub-industry, a sector characterized by high regulatory capital requirements and sensitivity to global equity market fluctuations. As a dedicated wealth manager, Julius Bär typically avoids the high-risk investment banking activities seen in larger integrated Swiss financial institutions. For a deeper look into the companys valuation metrics and historical performance, consult the data available on ValueRay.
- Net new money growth driven by relationship manager hiring and retention
- Gross margins fluctuate with client activity and interest rate cycles
- Asset under management levels sensitive to global equity market performance
- Capital position and dividend payouts following private debt write-downs
| Net Income: 763.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 1.27 > 1.0 |
| NWC/Revenue: 144.8% < 20% (prev -853.8%; Δ 998.5% < -1%) |
| CFO/TA 0.04 > 3% & CFO 4.42b > Net Income 763.7m |
| Net Debt (13.6b) to EBITDA (1.11b): 12.25 < 3 |
| Current Ratio: 16.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (205.5m) vs 12m ago -0.28% < -2% |
| Gross Margin: 59.22% > 18% (prev 57.71%; Δ 1.51% > 0.5%) |
| Asset Turnover: 4.42% > 50% (prev 4.80%; Δ -0.38% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBIT TTM 1.01b / Interest Expense TTM 1.70b) |
| A: 0.06 (Total Current Assets 7.24b - Total Current Liabilities 437.8m) / Total Assets 107b |
| B: 0.07 (Retained Earnings 7.81b / Total Assets 107b) |
| C: 0.01 (EBIT TTM 1.01b / Avg Total Assets 106b) |
| D: 0.07 (Book Value of Equity 7.23b / Total Liabilities 100b) |
| Altman-Z'' = 0.79 = B |
As of June 19, 2026, the stock is trading at CHF 65.90 with a total of 479,371 shares traded.
Over the past week, the price has changed by +3.39%,
over one month by -3.15%,
over three months by +15.93% and
over the past year by +31.75%.
Julius Baer Gruppe has no consensus analysts rating.
P/E Trailing = 17.4394
P/E Forward = 11.3379
P/S = 3.5271
P/B = 1.7975
P/EG = 2.7654
Revenue TTM = 4.70b CHF
EBIT TTM = 1.01b CHF
EBITDA TTM = 1.11b CHF
Long Term Debt = 20.4b CHF (from longTermDebt, last quarter)
Short Term Debt = 437.8m CHF (from shortTermDebt, last quarter)
Debt = 20.8b CHF (corrected: LT Debt 20.4b + ST Debt 437.8m)
Net Debt = 13.6b CHF (calculated: Debt 20.8b - CCE 7.24b)
Enterprise Value = 26.8b CHF (13.3b + Debt 20.8b - CCE 7.24b)
Interest Coverage Ratio = 0.59 (Ebit TTM 1.01b / Interest Expense TTM 1.70b)
EV/FCF = 6.43x (Enterprise Value 26.8b / FCF TTM 4.17b)
FCF Yield = 15.55% (FCF TTM 4.17b / Enterprise Value 26.8b)
FCF Margin = 88.80% (FCF TTM 4.17b / Revenue TTM 4.70b)
Net Margin = 16.26% (Net Income TTM 763.7m / Revenue TTM 4.70b)
Gross Margin = 59.22% ((Revenue TTM 4.70b - Cost of Revenue TTM 1.92b) / Revenue TTM)
Gross Margin QoQ = 72.23% (prev none%)
Tobins Q-Ratio = 0.25 (Enterprise Value 26.8b / Total Assets 107b)
Interest Expense / Debt = 8.19% (Interest Expense 1.70b / Debt 20.8b)
Taxrate = 18.54% (173.8m / 937.6m)
NOPAT = 823.3m (EBIT 1.01b * (1 - 18.54%))
Current Ratio = 16.53 (Total Current Assets 7.24b / Total Current Liabilities 437.8m)
Debt / Equity = 2.88 (Debt 20.8b / totalStockholderEquity, last quarter 7.23b)
Debt / EBITDA = 12.25 (Net Debt 13.6b / EBITDA 1.11b)
Debt / FCF = 3.25 (Net Debt 13.6b / FCF TTM 4.17b)
Total Stockholder Equity = 6.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.72% (Net Income 763.7m / Total Assets 107b)
RoE = 11.33% (Net Income TTM 763.7m / Total Stockholder Equity 6.74b)
RoCE = 3.73% (EBIT 1.01b / Capital Employed (Equity 6.74b + L.T.Debt 20.4b))
RoIC = 0.77% (NOPAT 823.3m / Invested Capital 107b)
WACC = 7.35% (E(13.3b)/V(34.1b) * Re(8.42%) + D(20.8b)/V(34.1b) * Rd(8.19%) * (1-Tc(0.19)))
Discount Rate = 8.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.90 | Cagr: -1.61%
[DCF] Terminal Value 77.97% ; FCFF base≈3.60b ; Y1≈4.13b ; Y5≈6.07b
[DCF] Fair Price = 379.7 (EV 91.4b - Net Debt 13.6b = Equity 77.8b / Shares 205.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -51.40 | EPS CAGR: -10.33% | SUE: 0.10 | # QB: 0
Revenue Correlation: 9.82 | Revenue CAGR: 0.43% | SUE: 1.87 | # QB: 2
EPS current Year (2026-12-31): EPS=5.62 | Chg30d=+6.48% | Revisions=+67% | GrowthEPS=+31.6% | GrowthRev=+13.9%
EPS next Year (2027-12-31): EPS=6.02 | Chg30d=+0.71% | Revisions=+22% | GrowthEPS=+7.2% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: +67%