Zublin Immobilien Holding AG

Zublin Immobilien Holding AG

48.60
CHF
-1.40
(-2.80%)
117.37MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
140.78
8.22
2.77
2.42
2.44
2.43
2.84
2.76
2.55
2.66
2.73
2.84
2.89
- -
Basic EPS, GAAP
-226.16
-65.03
-5.7
9.02
-8.82
1.87
1.4
1.21
1.8
1.61
0.4
2.62
2.27
- -
Free Cash Flow per Basic Share
3.88
-0.78
2.83
2.13
2.15
1.67
3
1.89
1.42
1.73
1.82
2.03
2.03
- -
Dividend per Share
- -
- -
- -
- -
- -
0.58
0.58
0.58
0.58
0.58
0.58
0.58
- -
- -
Book Value per Share
768.56
102.64
26.98
36.82
38.85
39.71
40.1
40.33
41.17
41.77
41.19
42.82
45.08
42.82
Tangible Book Value per Share
768.56
102.64
26.98
36.82
38.85
39.71
40.1
40.33
41.16
41.77
41.19
42.81
45.08
42.81
Basic Weighted Avg Shares
- -
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
33
22
8
8
8
8
9
9
8
9
9
9
10
- -
Operating Margin (%)
65.33
59.32
31.69
42.14
35.96
37.3
58.7
62.18
55.16
67.28
68.96
69.24
67.67
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-53
-171
-16
30
-29
6
5
4
6
5
1
9
8
- -
Effective Tax Rate (%)
- -
- -
- -
43.79
- -
- -
17.93
23.82
35.37
14.41
- -
19.69
16.39
- -
Profit Margin (%)
-160.65
-791.31
-206.14
372.68
-361.76
77.16
49.12
43.87
70.63
60.23
14.8
92.08
78.46
- -
Working Capital
4
-122
33
-48
5
8
2
-3
-4
-5
-7
-9
-39
-9
LT Debt
270
129
108
- -
66
65
73
67
67
65
63
64
32
64
Total Equity
224
26
90
122
129
132
133
134
137
139
137
142
149
142
Return on Invested Capital (%)
- -
- -
- -
1.98
- -
- -
3.47
3.13
2.51
3.48
- -
3.48
3.59
- -
Return on Capital (%)
- -
- -
- -
14.48
- -
- -
2.6
2.25
3.2
2.95
- -
4.8
3.83
- -
Return on Common Equity (%)
-26.92
-168.46
-28.79
28.27
-23.3
4.77
3.5
3.01
4.42
3.87
0.97
6.24
5.16
- -

Capital Structure

CHF

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
ST Debt
- -
- -
- -
LT Borrowings
63
63
64
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
86
90
117

Working Capital

CHF

•

in mil. unless spec.
Mar'24
Sep'25
Mar'25
Total Current Assets
4
4
3
Cash, Cash Equivalents & STI
2
2
2
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
11
13
12
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.71%
2.28%
5.29%
Free Cash Flow
2.22%
2.83%
0.25%
Net Income, GAAP
-14.24%
99.71%
-13.4%
Sales/Revenue/Turnover
2.1%
1.01%
1.63%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9
2025
- -
- -
9
2026
- -
- -
10

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.4
2025
- -
- -
2.62
2026
- -
- -
2.27

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.58
2025
- -
- -
0.58
2026
- -
- -
- -

Company Description

CEO
Philippe Brändle
Full Time Employees
4
Sector
Finance
Industry
Real estate development
Address
Hardturmstrasse 76 Zurich ZH Switzerland 8005
IPO Date
Jul 11, 2005
Website
zueblin.ch
Business
Züblin Immobilien Holding AG, a Swiss real estate investment and management company founded in 1912 and headquartered at Hardturmstrasse 76 in Zurich, Switzerland, specializes in owning, actively managing, and developing a portfolio of energy-efficient commercial properties primarily in prime Swiss locations; its core assets include high-quality office buildings such as those at Holbeinstrasse 22/30, Hardturmstrasse 76, Hofwiesenstrasse 360 in Zurich, Rütistrasse 3/3a in Baden, Gewerbestrasse 12/12a in Egg, and Morgenstrasse 136 in Bern-Bümpliz, alongside select retail, trade, logistics, and mixed-use spaces totaling approximately 31,344 square meters of gross leasable area with a market value of CHF 225.1 million as of March 31, 2024; the company emphasizes sustainable features like Minergie-certified buildings, lake-water heat pumps, district heating, and rigorous environmental management to reduce CO2 emissions and ensure long-term value creation through lease extensions, index-linked rent adjustments, and targeted lettings to blue-chip tenants including Baker & McKenzie, BR Bauhandel AG, and Testo Industrial Services AG. Operations focus exclusively on Switzerland with a weighted average lease term of 6.4 years, a 9.3% EPRA vacancy rate, and annualized rental income of CHF 9.2 million, supported by a capitalization rate of 3.1% and nominal discount rate of 4.3%; the firm maintains a lean structure with four employees and trades on the SIX Swiss Exchange main segment under ticker ZUBN.SW. Recent developments include the appointment of Philippe Brändle as CEO in April 2024, successful financial years 2023/24 and 2024/25 with positive operating results, half-year result announcements in November 2024, key lease extensions at Holbeinstrasse until 2035 and Morgenstrasse until 2029, a major new 10-year letting of 1,781 square meters in Bern effective July 2024 reducing vacancy there to 28.6%, innovative modular office conversions in Egg, Annual General Meetings in June 2024 and 2025 approving board proposals without distributions, and ongoing sustainability enhancements aligning CO2 reduction with Swiss real estate sector targets.