PSP Swiss Property AG (PSPN.SW) stock analysis
In our weekly check, PSP Swiss Property AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 3, red flags: 7.
About PSP Swiss Property AG
PSP Swiss Property AG is a Real Estate company (Real Estate - Diversified) based in Switzerland, listed on SIX as PSPN.SW.
What our checks show for PSPN.SW
Red flags
- Net debt is 5.8x a year of EBITDA (debt/equity 0.59). That limits room in a downturn and raises refinancing risk.
- The net margin fell by 65.8 points over 5 years, to 88.8%: the company keeps less of each sale as profit.
- The gross margin fell by 7.6 points, to 73.7%: costs are rising faster than prices.
- Analysts expect revenue to shrink about 12.8% a year.
- Analysts expect the net margin to shrink by 20.8 points from today's 88.8%.
- Thinly traded (about 60 thousand shares a day): buying and selling can move the price.
- Return on capital (ROCE) is only 3.6%.
Warning signs
- Analysts expect earnings per share to shrink about 19.4% a year.
- The stock has fallen as much as 45% from a peak. Would you have held through that?
- Recovering from its deepest fall took about 1.6 years.
Strengths
- Operating profit covers interest 9.8 times over.
- Earnings per share grew 11% a year over the last 3 years.
- Net profit grew 11% a year over the last 3 years.
- The company keeps 88.8% of its revenue as net profit.
- Free cash flow is 68% of revenue: cash for dividends, buybacks or growth.
- The dividend takes 40% of profit: there is a cushion.
Next earnings report: 2026-11-10
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Questions
What grade does PSP Swiss Property AG (PSPN.SW) have?
In our weekly check, PSP Swiss Property AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 3, red flags: 7. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of PSPN.SW stock?
This week's biggest flags for PSP Swiss Property AG: High debt, Margins falling, Gross margin falling. In total 10 of 25 checks show a warning or a red flag.
What does PSP Swiss Property AG do?
PSP Swiss Property AG is a Real Estate company (Real Estate - Diversified) based in Switzerland, listed on SIX as PSPN.SW.
When does PSP Swiss Property AG report earnings next?
The next earnings report is expected on 2026-11-10. We re-run the checks every week, so the grade can change after it.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-24
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