1. Switzerland Stocks

  2. •

    Finance

  3. •

    Investment managers
Bellevue Group AG

Bellevue Group AG

6.73
CHF
+0.04
(+0.52%)
95.55MMarket Cap
Mar 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.41
4.5
6.46
5.59
7.24
6.93
7.66
8.17
10.72
8.11
6.39
5.38
3.96
- -
Basic EPS, GAAP
0.59
1
-0.07
-0.05
1.6
1.49
1.05
1.67
3.24
1.9
1.15
0.69
0.14
- -
Free Cash Flow per Basic Share
-6.85
-1.03
-3.71
2.63
1.73
2.92
-1.36
11.08
5.23
2.05
0.67
0.39
1.42
- -
Dividend per Share
1.9
0.94
0.95
0.83
1
1.11
1.1
4.03
3.98
2.69
1.99
1.14
0.7
- -
Book Value per Share
13.49
13.47
12.55
11.8
13.21
14.72
14.81
12.4
11.02
10.13
9.31
8.92
8.74
8.77
Tangible Book Value per Share
8.62
7.51
8.85
6.59
7.85
9.62
10.04
8.47
7.45
6.7
6.03
5.76
6.15
6.19
Basic Weighted Avg Shares
11
11
11
13
13
13
13
13
13
13
13
13
13
13
Sales/Revenue/Turnover
38
50
71
71
97
93
103
109
143
108
85
71
53
- -
Operating Margin (%)
-3.51
8.12
18.45
12.01
22.52
27.26
36.03
37.02
39.94
36.83
23.58
16.66
6.68
- -
Depreciation Expense
3
6
5
3
3
6
5
5
4
4
4
4
4
- -
Net Income, GAAP
6
11
-1
-1
22
20
14
22
43
25
15
9
2
- -
Effective Tax Rate (%)
7.77
4.12
259.14
142.45
22.05
12.64
30.19
27.82
19.64
18.89
24.05
23.59
45.96
- -
Profit Margin (%)
17.26
22.22
-1.15
-0.92
22.11
21.52
13.66
20.42
30.2
23.46
18
12.86
3.58
- -
Working Capital
74
52
67
99
86
71
134
111
100
85
71
64
63
65
LT Debt
- -
- -
- -
- -
- -
- -
5
2
1
2
1
17
15
14
Total Equity
149
150
136
159
177
197
198
166
147
134
122
119
117
117
Return on Invested Capital (%)
26.36
35.83
-87.06
-19.94
44.97
13.9
13.4
11.51
26.41
21.96
11.43
6.58
1.4
- -
Return on Capital (%)
4.23
7.51
-0.76
-0.5
12.87
10.69
7.01
11.92
27
17.7
11.62
7.06
1.51
- -
Return on Common Equity (%)
4.19
7.42
-0.57
-0.44
12.8
10.68
7.1
12.25
27.57
18.04
11.88
7.6
1.6
- -

Capital Structure

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
16
15
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
124
98
96

Working Capital

CHF

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
70
80
77
Cash, Cash Equivalents & STI
56
65
64
Accounts Receivable, Net
5
5
4
Inventories
- -
- -
- -
Total Current Liabilities
14
17
12
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.95%
-6.66%
-1.31%
Free Cash Flow
-115.53%
8.91%
267.79%
Net Income, GAAP
-350.55%
-21.45%
-79.41%
Sales/Revenue/Turnover
-0.74%
-11.44%
-26.02%
Total Cash Common Dividend
- -
-28.31%
-38.57%

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
71
2025
- -
- -
53
2026
- -
- -
- -

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.69
2025
- -
- -
0.14
2026
- -
- -
- -

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.14
2025
- -
- -
0.7
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Markus Peter
Full Time Employees
73
Sector
Finance
Industry
Investment managers
Address
Seestrasse 16 Zurich ZH Switzerland 8001
IPO Date
Jan 15, 2007
Website
bellevue.ch
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Business
Bellevue Group AG (BBN.SW) is an independent Swiss asset manager focused on specialized equity strategies in healthcare, small and mid-cap companies, and growth themes. The company offers a range of active investment products including healthcare solutions in biotech, medtech, thematic healthcare, global and regional healthcare funds; small and mid-cap equity strategies such as Bellevue Entrepreneur Europe Small; private markets investments via growth equity in SMEs; and recent launches like the AI Health Fund, Obesity Solutions Fund, and the first active healthcare ETF. It operates through boutique units including Bellevue Asset Management AG and provides services to institutional and private clients across Switzerland, Germany, the United Kingdom, Asia Pacific, and internationally, with assets under management around CHF 6.9 billion. Founded in 1993 and headquartered in Zurich, Switzerland, Bellevue Group AG maintains offices in Zug, New York, Frankfurt, London, Singapore, and Madrid to support its global reach. The firm targets fast-growing sectors requiring active management, emphasizing entrepreneurial investments and owner-operated companies in regions like DACH (Germany, Austria, Switzerland). Recent developments include the launch of its first active ETF focused on healthcare stocks in September 2025; recruitment of two experienced healthcare analysts in November 2025 to bolster research; sale of private equity boutique adbodmer AG via management buy-out in October 2025 to sharpen its business model; establishment of a Singapore subsidiary in January 2025 to expand in Asia; appointment of a new Investment Manager for Bellevue Healthcare Trust and streamlining of UK activities in October 2025; relocation to its founding location in Zurich's Bellevue district in November 2024; and leadership changes such as Gebhard Giselbrecht as CEO in 2023 with further executive adjustments in 2025.