| Valuation method | Value, £ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 940.30 | -11 |
| Intrinsic value (DCF) | 559.21 | -47 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 678.30 | -36 |
Partners Group Holding AG is a leading global private markets investment manager headquartered in Baar, Switzerland. With a diversified portfolio spanning private equity, private real estate, private infrastructure, and private debt, the firm specializes in direct, secondary, and primary investments across multiple sectors including healthcare, consumer, media & telecommunications, and industrials. Founded in 1996, Partners Group operates globally with offices in North America, South America, Europe, Australia, and Asia. The firm targets middle-market investments, typically deploying between €500,000 and €100 million in equity, focusing on companies with enterprise values ranging from €100 million to €2 billion. Known for its value-add investment approach, Partners Group takes both majority and minority stakes in its portfolio companies. The firm also invests in venture capital, mezzanine, distressed, and secondary funds, making it a versatile player in the private markets ecosystem. With a strong emphasis on renewable energy and infrastructure, Partners Group is well-positioned to capitalize on global trends in sustainability and digital transformation.
Partners Group Holding AG presents an attractive investment opportunity due to its diversified private markets portfolio and strong financial performance. With a market cap of CHF 27.7 billion and a net income of CHF 1.13 billion in the latest fiscal year, the firm demonstrates robust profitability. The diluted EPS of CHF 43.08 and a generous dividend per share of CHF 81 further enhance its appeal to income-focused investors. However, the firm's beta of 1.246 indicates higher volatility compared to the broader market, which may deter risk-averse investors. The firm's global footprint and expertise in value-add investments provide a competitive edge, but exposure to distressed assets and emerging markets could pose risks. Overall, Partners Group is well-suited for investors seeking exposure to private markets with a long-term horizon.
Partners Group Holding AG competes in the highly competitive private markets space, where differentiation is often driven by sector expertise, geographic reach, and investment strategy. The firm's competitive advantage lies in its diversified approach, spanning private equity, real estate, infrastructure, and debt, which allows it to mitigate sector-specific risks. Its focus on middle-market investments provides access to high-growth opportunities often overlooked by larger competitors. The firm's global presence, with offices across multiple continents, enables it to source and manage deals locally while leveraging global resources. Partners Group's value-add investment strategy, targeting both majority and minority stakes, offers flexibility in deal structuring. However, the firm faces stiff competition from larger asset managers with deeper pockets and more established brand recognition. Its reliance on distressed assets and emerging markets, while potentially lucrative, also introduces higher risk profiles compared to peers focused on stable, developed markets.