Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Intershop Holding AG is a Switzerland-based real estate company founded in 1962 and headquartered in Zurich. It specializes in the investment, development, management, and sale of properties exclusively within the country, managing the full property lifecycle from acquisition to profitable disposal or long-term holding for rental income. The company identifies high-potential assets, enhances their value through active strategies, and builds a diversified portfolio that includes office spaces, educational facilities, light industrial and logistics properties, retail outlets, restaurants, residential units, and parking areas, with a focus on offices and industrial/logistics comprising over two-thirds of holdings in key regions like Zurich, Bern, and Geneva. Employing around 65 staff, Intershop Holding AG has been publicly listed on the stock exchange since 1970 and plays a significant role in the Swiss commercial real estate market by generating stable revenue from rentals and value appreciation. Its business model emphasizes revenue-stable properties, as evidenced by recent activities such as property acquisitions and green bond issuances.
81.78% operating margin is above average. ROIC at 4.80%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 10.0%, steady but not accelerating.
Net debt of CHF 444M represents 9.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
CHF 116M
▲ +10.0% YoY
Net Income (TTM)
CHF 213M
▲ +81.2% YoY
Op. Margin
81.78%
▼ -0.2pp YoY
ROIC
4.80%
▼ -0.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
CHF 47M
▲ +56.7% YoY
Op. Cash Flow (TTM)
CHF 48M
▼ -24.3% YoY
Net Debt
CHF 444M
Cash & Equiv.
CHF 46M
3Y CAGR: -20.2%
3Y CAGR: +115.3%
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