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Bellevue Group (BBN) Fair Value & Analysis

Financial Services · CH · Market cap CHF 99.8M

BG Bellevue Group BBN · SW
PriceCHF 6.84
Fair ValueCHF 2.40
Upside-64.9%
Quality95/100
Evidence: High Range CHF 1.80 – CHF 3.00

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −8.6% over the past month.

Price vs Fair Value (12 months)

CHF 12.16 CHF 6.84 Fair Value CHF 2.40 Jun 2025 Jun 2026

12‑month range CHF 6.84 – CHF 12.16 · fair‑value band CHF 1.80 – CHF 3.00 · the CHF 6.84 price screens above the CHF 2.40 fair value. As of Jun 26, 2026.

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Analysis

Bellevue Group (BBN) currently trades at CHF 6.84, while our model-based Fair Value estimate is CHF 2.40 — implying the stock looks roughly 64.9% overvalued today. We read business quality at 95/100 (high quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Bellevue Group generated revenue of CHF 52.8M at a net margin of 3.6%. Revenue declined 17.9% year over year. It earns a return on equity of 1.6%. The balance sheet holds a net cash position of CHF 1.9M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) CHF 52.8M
Revenue growth (YoY) -17.9%
Net margin 3.6%
Return on equity 1.6%
Free cash flow CHF 18.9M FY2025
P/E ratio 53.3
More key figures
Operating margin 11.4%
EPS (TTM) CHF 0.1400
Dividend yield 2.0%
EPS growth (YoY) -2.1%
Net cash CHF 1.9M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Bellevue Group AG engages in the asset management business in Switzerland, the United Kingdom, Germany, and internationally. The company offers healthcare investment solutions, including biotech, medtech, thematic, and healthcare global and regional. It also provides small and mid-sized entrepreneur investment solutions, such as listed small and mid-caps, and private equity strategies; and multi asset and bond solutions. The company was founded in 1993 and is headquartered in Zurich, Switzerland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bellevue Group reported revenue of CHF 53.0M in FY2025 versus CHF 142M in FY2021, a compound −21.9%/yr. Reported net income was CHF 1.9M in FY2025, compounding −54.3%/yr from FY2021.

Revenue −21.9%/yr
FY21 CHF 142M
FY22 CHF 99.4M
FY23 CHF 81.9M
FY24 CHF 70.5M
FY25 CHF 53.0M
Net income −54.3%/yr
FY21 CHF 43.1M
FY22 CHF 25.3M
FY23 CHF 15.2M
FY24 CHF 9.2M
FY25 CHF 1.9M

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Similar stocks

6 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $4.20 $6.41 +53%
The Schiehallion Fund Limited MNTN $2.27 $4.54 +100%
BlackRock, Inc BLK 17,417 MXN 10,294 MXN -41%
BH Macro Limited BHMU $0.0442 $0.0900 +104%
Blackstone Inc BX $123.26 $52.88 -57%
Investor AB IVSBF $39.99 $79.98 +100%

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Frequently asked questions

Is Bellevue Group (BBN) undervalued?
As of Jun 26, 2026, our model estimates a fair value of CHF 2.40 versus a price of CHF 6.84 — about −65% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BBN?
Our 21-model fair value for Bellevue Group is CHF 2.40 (as of Jun 26, 2026), built from audited fundamentals. The current price is CHF 6.84.
What is the quality score of BBN?
Bellevue Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bellevue Group (BBN)?
Bellevue Group reported trailing-twelve-month revenue of about CHF 52.8M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BBN?
The net profit margin of Bellevue Group is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does Bellevue Group pay a dividend?
Bellevue Group currently shows a dividend yield of about 1.99% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.