PSP Swiss Property AG

PSP Swiss Property AG

PSPSF
PSP Swiss Property AGUS flagOther OTC
180.89
USD
- -
- -
8.30BMarket Cap
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
7.86
8
6.54
8.03
6.84
6.8
7.65
7.48
8.39
8.93
8.03
8.03
7.78
7.8
Basic EPS, GAAP
5.91
3.82
4.09
2.94
5.6
6.72
9.89
6.37
12.97
7.19
4.53
8.17
8.91
9
Free Cash Flow per Basic Share
4.23
4.93
4
4.48
3.76
4.51
5.26
4.57
6.49
6.9
6.03
4.63
4.95
5.07
Dividend per Share
3.2
3.25
3.25
3.3
3.35
3.4
3.5
3.6
3.65
3.75
3.8
3.85
3.9
- -
Book Value per Share
64.98
68.8
72.89
74.35
76.6
79.91
86.3
89.07
98.39
101.83
102.56
106.88
111.89
113.3
Tangible Book Value per Share
83.7
83.74
84.38
84.31
86.94
90.6
96.98
99.81
109.41
113.33
113.82
117.96
123.07
124.47
Basic Weighted Avg Shares
46
46
46
46
46
46
46
46
46
46
46
46
46
46
Sales/Revenue/Turnover
361
367
300
368
314
312
351
343
385
410
368
368
357
358
Operating Margin (%)
67.09
65.26
77.42
65.73
77.03
77.57
76.57
78.65
74.27
71
80.75
86.01
86.34
86.12
Depreciation Expense
1
- -
1
1
1
1
1
1
1
1
1
1
1
1
Net Income, GAAP
271
175
188
135
257
308
453
292
595
330
208
375
408
413
Effective Tax Rate (%)
20.05
18.21
20.54
18.05
14.58
20.29
8.19
18.43
19.54
18.37
- -
17.29
18.95
18.07
Profit Margin (%)
75.14
47.77
62.55
36.62
81.82
98.84
129.18
85.17
154.64
80.54
56.36
101.85
114.44
115.34
Working Capital
-164
36
-231
5
188
-483
-532
-331
-148
-489
-394
-362
-455
-421
LT Debt
1,589
1,929
1,719
2,248
2,491
1,891
2,046
2,627
2,838
2,653
3,016
3,035
2,820
2,806
Total Equity
3,839
3,841
3,870
3,867
3,989
4,157
4,450
4,579
5,019
5,198
5,221
5,411
5,645
5,709
Return on Invested Capital (%)
3.45
3.42
3.17
3.31
3.28
2.93
3.6
2.99
2.93
2.91
- -
2.99
2.8
2.99
Return on Capital (%)
6.34
4.06
4.06
2.85
4.76
5.34
7.4
4.43
8.24
4.45
- -
4.91
5.2
5.57
Return on Common Equity (%)
9.53
5.72
5.78
3.99
7.42
8.59
11.89
7.26
13.84
7.19
4.43
7.81
8.14
8.12

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
350
550
730
LT Borrowings
1,933
2,813
2,799
LT Finance Leases
6
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
46
46
46
Market Capitalization
6,255
6,569
7,331

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
261
196
400
Cash, Cash Equivalents & STI
101
45
244
Accounts Receivable, Net
12
8
10
Inventories
132
132
136
Total Current Liabilities
562
650
822
Payables & Accruals
- -
- -
- -
ST Debt
350
550
730
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.88%
4.32%
4.33%
Free Cash Flow
3.9%
3.91%
6.94%
Net Income, GAAP
20.55%
22.33%
8.94%
Sales/Revenue/Turnover
2.3%
1.1%
-3.04%
Total Cash Common Dividend
1.84%
1.62%
1.3%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
93
98
86
91
368
2025
87
87
95
88
357
2026
88
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.77
1.64
1.52
- -
8.17
2025
1.32
2.92
1.42
- -
8.91
2026
1.41
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.85
2025
- -
- -
- -
- -
3.9
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Giacomo Balzarini
Full Time Employees
94
Sector
Real Estate
Industry
Real Estate - Development
Address
Kolinplatz 2 Zug ZG Switzerland 6300
IPO Date
Jul 19, 2002
Website
psp.info
Business
PSP Swiss Property AG owns and manages a high-quality portfolio of office and commercial properties in prime locations across Switzerland's major economic centers, including Zurich, Geneva, Basel, Bern, and Lausanne. The company operates through three segments: Real Estate Investments, encompassing investment properties, development properties, sites, and projects for rental or sale; Property Management, providing services for its real estate portfolio; and Holding, handling finance, legal, HR, communications, and IT functions. Its portfolio, valued at CHF 10.0 billion as of September 2025, comprises 149 investment properties and 11 development properties, with a focus on sustainable, innovative spaces featuring high occupancy rates and green certifications. Founded in 1999 and headquartered in Zug, Switzerland, PSP Swiss Property lists its shares on the SIX Swiss Exchange since 2000 and pursues a conservative financing policy with an equity ratio above 50%. Recent developments include the acquisition of a commercial property in Geneva's Quartier des Banques for CHF 58 million in June 2024, ongoing portfolio optimization through sales of six properties for CHF 82.5 million in H1 2024 exceeding valuations by 16%, reclassification of properties like Bollwerk in Bern as development projects with CHF 11 million investment for Q3 2025 completion, and advancement of projects such as Quartier des Banques in Geneva, Bollwerk in Bern, and Hôtel des Postes in Lausanne, alongside solid Q1-Q3 2025 results with net income up 24% despite rising vacancies.

Company News

APIChatGPT
  • PSP Swiss Property AG (PSPSY) Q1 2026 Earnings Call Transcript

  • PSP Swiss Property AG (OTCMKTS:PSPSF) Short Interest Down 29.4% in January