Warteck Invest Ltd (WARN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Warteck Invest Ltd stock CHF 977, price CHF 1,955, that is 50.0% below the price, quality 58 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range CHF 1,528 – CHF 2,069 · fair‑value band CHF 608.17 – CHF 1,221 · the CHF 1,955 price screens above the CHF 976.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Warteck Invest AG engages in the rental of real estate properties in Switzerland. The company operates in residential properties, mixed-use properties, and development projects, as well as commercial properties, such as office and retail properties.
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Its portfolio consists of 57 properties in 11 cantons. Warteck Invest AG was founded in 1856 and is headquartered in Basel, Switzerland.
Stock analysis
Warteck Invest Ltd (WARN) currently trades at CHF 1,955, while our model-based Fair Value estimate is CHF 976.72, 50% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of CHF 1,547 per share, and 1 of the 15 models we run sit above the CHF 1,955 price.
Bear case: the Growth DCF group reads lowest at CHF 340.86, and 14 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: CHF 608.17 (bear) to CHF 1,221 (bull), the price of CHF 1,955 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Warteck Invest Ltd reported revenue of CHF 46.5M in FY2025 versus CHF 36.1M in FY2021, a compound +6.5%/yr. Reported net income was CHF 44.7M in FY2025, compounding +13.0%/yr from FY2021.
Key figures
Market cap CHF 605M Small · P/E ratio 14.1 · P/S ratio 13.3 · EPS (TTM) CHF 138.33 · Dividend yield 3.7% · Net margin 94.3% · Return on equity 8.1% · Return on assets (EBIT) 2.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (low confidence).
What moves the price
The share trades about 3% below its 52-week high and 6% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at −50%, WARN screens richer than that median.
Fair Value models
BearCHF 608.17Fair Value CHF 976.72BullCHF 1,221
Price CHF 1,955 · Downside -50.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (CHF 56.70 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.66/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+5.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.4%
Start year 2020 (pandemic). Over 10 years: +5.1% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.5%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ +4.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.5%
Dividend (yield on the price)3.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5.4% vs 5.9%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.72% → 72%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 1.5%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Rate on operating basis: 2025 sits 76% above its own trend.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+25.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Switzerland: IMF forecast 0.6% a year to 2030, 0.8% from 2016 to 2025) that is about +24.9% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 472 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score58 · Above median
Fair Value upside−50.0% · Bottom 25%
Profitability
Return on equity (12 months)8.1% · Above median
Return on assets4.1% · Above median
Net margin (12 months)94.3% · Top 25%
Operating margin (12 months)77.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)3.9% · Above median
Dividend yield (12 months)3.7% · Above median
Balance sheet
Debt / equity0.54× · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
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Is Warteck Invest Ltd (WARN) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of CHF 976.72 versus a price of CHF 1,955, about 50% lower (overvalued).
What is the fair value of WARN?
Our model-based fair value for Warteck Invest Ltd is CHF 976.72 (as of Nov 5, 2026), built from audited fundamentals. The current price: CHF 1,955.
What is the quality score of WARN?
Warteck Invest Ltd has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Warteck Invest Ltd (WARN)?
Our model-based price target is the fair value of CHF 976.72 (as of Nov 5, 2026) from 15 valuation models. Cautious scenario CHF 608.17, optimistic scenario CHF 1,221. It is a calculation from audited fundamentals, not an analyst target.
What is the Warteck Invest Ltd stock forecast for 2026?
Our models put fair value at CHF 976.72, about 50% lower versus a price of CHF 1,955 (overvalued). Cautious scenario CHF 608.17, optimistic scenario CHF 1,221. The calculation is refreshed regularly with new filings.
What is the revenue of Warteck Invest Ltd (WARN)?
Warteck Invest Ltd reported trailing-twelve-month revenue of about CHF 45.4M (latest available figure, as of Nov 5, 2026).
Does Warteck Invest Ltd pay a dividend?
Warteck Invest Ltd currently shows a dividend yield of 3.68% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Warteck Invest Ltd (WARN) and when is the ex-dividend date?
Warteck Invest Ltd pays a dividend of CHF 72.00 per share a year, a dividend yield of 3.7%. The last ex-dividend date was May 22, 2026. A dividend has been paid every year since at least 1996. The payout ratio is 88.0% of earnings (on adjusted earnings, reported 52.0%). Free cash flow covers the dividend 0.99 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Warteck Invest Ltd (WARN)?
For today's price to be fair in a discounted-cash-flow model, Warteck Invest Ltd would have to grow free cash flow by +25.6 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.4 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of WARN use?
Our models discount Warteck Invest Ltd at 9.6 %: a base by market capitalisation (small), damped by beta 0.04, country premium for Switzerland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Warteck Invest Ltd that is +25.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has Warteck Invest Ltd (WARN) delivered so far?
Over the past 5 years revenue at Warteck Invest Ltd grew +5.4 % a year. The price currently implies free-cash-flow growth of +25.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Warteck Invest Ltd (WARN) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Warteck Invest Ltd (+25.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Warteck Invest Ltd (WARN)?
The free-cash-flow yield on the price is 3.66 %: that much free cash flow Warteck Invest Ltd produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Warteck Invest Ltd (WARN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Warteck Invest Ltd it is CHF 976.72 per share (as of Nov 5, 2026), against a price of CHF 1,955. It is the blended result of 15 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Warteck Invest Ltd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, WARN trades above its calculated fair value: price CHF 1,955, fair value CHF 976.72, a gap of about −50% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of WARN?
No. The price is what the market pays today (CHF 1,955); the fair value is what the company's own numbers justify (CHF 976.72). For Warteck Invest Ltd the two are CHF 978.28 per share apart. That gap is exactly why we show both numbers side by side.
How much is Warteck Invest Ltd worth?
The market values Warteck Invest Ltd at about CHF 605M (market capitalisation, as of Nov 5, 2026). Per share that is CHF 1,955; our models calculate a fair value of CHF 976.72 per share.
What do the bullish and bearish scenarios say about WARN?
Our models span a range for Warteck Invest Ltd: cautious scenario CHF 608.17, base CHF 976.72, optimistic CHF 1,221 per share (as of Nov 5, 2026, price CHF 1,955). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of WARN?
Warteck Invest Ltd trades at a price-to-earnings ratio of 14.1 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of CHF 976.72 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 22.9 (reported for FY2025: 13.5). Other multiples: P/B 1.1, P/S 13.3, EV/EBITDA 25.3.
How solid is the balance sheet of Warteck Invest Ltd (WARN)?
Balance-sheet figures for Warteck Invest Ltd (as of Nov 5, 2026): return on equity 8.1%, debt of 0.54 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is WARN from its 52-week high?
Warteck Invest Ltd trades at CHF 1,955, about 3% below its 52-week high of CHF 2,006 and 6% above the low of CHF 1,842 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of CHF 976.72 is for.
Which stocks are comparable to Warteck Invest Ltd?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Warteck Invest Ltd stock attractive at the current price?
The data as of Nov 5, 2026: price CHF 1,955, calculated fair value CHF 976.72 (−50%), Quality Score 58/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of WARN calculated?
We run Warteck Invest Ltd through 15 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of CHF 976.72 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Warteck Invest Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Warteck Invest Ltd (WARN)?
The closing price on Nov 6, 2026 was CHF 1,955. Our model-based fair value is CHF 976.72, about 50% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Warteck Invest Ltd right now?
The price sits above even our optimistic bull case (CHF 1,221). The favourable scenario is already priced in. Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (CHF 608.17 to CHF 1,221) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Warteck Invest Ltd (WARN) come from?
Earnings per share at Warteck Invest Ltd grew +2.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share −1.0 %, EBIT margin −0.6 %, tax rate +0.6 %, residual (interest, one-offs) +3.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Warteck Invest Ltd
How large is the market capitalisation of Warteck Invest Ltd (WARN)?
The market capitalisation of Warteck Invest Ltd is CHF 605M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Warteck Invest Ltd (WARN)?
The price-to-sales ratio of Warteck Invest Ltd is 13.3 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Warteck Invest Ltd (WARN)?
Earnings per share at Warteck Invest Ltd are CHF 138.33 (price ÷ EPS = P/E 14.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Warteck Invest Ltd (WARN)?
The dividend yield of Warteck Invest Ltd is 3.7% (payout 88.0%, on adjusted earnings, reported 52.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Warteck Invest Ltd (WARN)?
The net margin of Warteck Invest Ltd is 94.3% (last twelve months), excl. one-off gain FY2025 56.8%. How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Warteck Invest Ltd (WARN)?
The return on equity (ROE) of Warteck Invest Ltd is 8.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Warteck Invest Ltd (WARN)?
On an EBIT basis the return on assets of Warteck Invest Ltd is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Warteck Invest Ltd (WARN)?
The operating margin of Warteck Invest Ltd is 77.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Warteck Invest Ltd (WARN)?
Revenue at Warteck Invest Ltd is growing +3.9% versus a year earlier (3y avg +8.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Warteck Invest Ltd (WARN)?
Earnings per share at Warteck Invest Ltd are growing −9.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Warteck Invest Ltd (WARN) carry?
The net debt of Warteck Invest Ltd is CHF 441M (fiscal year 2025, ≈ 20.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 5, 2026