| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 265.30 | -64 |
| Intrinsic value (DCF) | 561.87 | -24 |
| Graham-Dodd Method | 785.70 | 7 |
| Graham Formula | 995.40 | 35 |
Vaudoise Assurances Holding SA is a leading Swiss insurance provider specializing in diversified insurance products for individuals and small-to-medium enterprises (SMEs). Founded in 1895 and headquartered in Lausanne, Switzerland, the company operates under the cooperative ownership of Mutuelle Vaudoise. Vaudoise offers a comprehensive portfolio, including vehicle, household, public liability, foresight, mortgage, and business insurance, distributed through an extensive agency network. With a market capitalization of CHF 1.75 billion, the company maintains a strong regional presence in Switzerland, benefiting from stable demand in the country’s mature insurance market. As part of the broader Financial Services sector, Vaudoise emphasizes customer-centric solutions and risk management, positioning itself as a trusted provider in a competitive industry. Its cooperative structure fosters long-term stability, while its diversified product mix mitigates sector-specific risks.
Vaudoise Assurances Holding SA presents a stable investment opportunity with moderate growth potential, supported by its entrenched position in the Swiss insurance market. The company’s low beta (0.389) suggests resilience to market volatility, appealing to risk-averse investors. Financials indicate steady performance, with FY revenue of CHF 1.6 billion and net income of CHF 147 million, alongside a solid dividend yield (CHF 24 per share). However, growth may be constrained by Switzerland’s saturated insurance market and regulatory environment. The cooperative model ensures stability but could limit aggressive expansion. Investors should weigh the company’s reliable cash flow (CHF 118.5 million operating cash flow) against slower top-line growth prospects compared to global peers.
Vaudoise Assurances Holding SA competes in Switzerland’s crowded insurance market, where differentiation hinges on customer trust, regional expertise, and product diversification. Its cooperative structure provides a competitive edge in customer loyalty and long-term stability, as policyholders are also members. However, the company faces stiff competition from larger Swiss insurers with broader geographic reach and digital capabilities. Vaudoise’s agency-based distribution is a strength in personalized service but may lag behind rivals investing in direct-to-consumer platforms. Financially, the company maintains a conservative balance sheet (CHF 271 million cash, CHF 157 million debt), supporting dividend reliability but potentially limiting M&A-driven growth. Its niche focus on SMEs and individuals insulates it from corporate insurance volatility but caps scalability. To sustain competitiveness, Vaudoise must enhance digital offerings while leveraging its cooperative ethos to retain its core market.