Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
Schweizerische Nationalbank, an independent central bank (SWZNF) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Schweizerische Nationalbank, an independent central bank $5,912, price $3,776, upside +56.5%, quality 42 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
- Add to watchlist
SN
Some data
Sep 24, 2026
Some data
Sep 24, 2026
Schweizerische Nationalbank, an independent central bank
SWZNF · USCheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
✓Fair value $5,912 · Strongly undervalued (+56.5%)
!Quality 42/100
!Mixed Growth (revenue 5y +12.8 %/yr)
✓Highly profitable · 97.8% net margin (TTM)
✓generates free cash flow
✓Wide moat 66/100
!Evidence only medium, so the estimate is less certain
!The models disagree: range $4,496 to $16,365
Watch Schweizerische Nationalbank, an independent central bank, for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.
Watch for free
Pro now: $1 first month
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $1,208 – $8,983 · fair‑value band $4,496 – $16,365 · the $3,776 price screens below the $5,912 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Company profile
Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation. Its services include account management, payment transactions, liquidity management, custody of securities, and the issuance of money market debt register claims and Confederation bonds on behalf of and for the account of the Confederation.
Show more
Schweizerische Nationalbank, an independent central bank, provides banking services to the Swiss Confederation. Its services include account management, payment transactions, liquidity management, custody of securities, and the issuance of money market debt register claims and Confederation bonds on behalf of and for the account of the Confederation. The company also provides digital services, such as Iconomix, a digital educational programme; data portals; live and recorded news; RSS feed, time schedule, and news alerts; and on-site services, including conferences and seminars, workspaces, and books and academic journals on monetary policy, economics, and cash and banking, as well as operates a study center. Schweizerische Nationalbank was founded in 1907 and is headquartered in Bern, Switzerland.
Stock analysis
Schweizerische Nationalbank, an independent central bank, (SWZNF) currently trades at $3,776, while our model-based Fair Value estimate is $5,912, implying the stock looks roughly 36.1% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 18 models at a data quality of 95/100, which puts the evidence level at medium.
Scenario range: $4,496 (bear) to $16,365 (bull), the price of $3,776 sits below 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 42/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Schweizerische Nationalbank, an independent central bank, reported revenue of −CHF 7.8B in FY2025 versus CHF 26.6B in FY2021. Reported net income was CHF 26.2B in FY2025, compounding −0.1%/yr from FY2021.
Key figures
Market cap $410M · P/E ratio 0.0 · P/S ratio 0.02 · EPS (TTM) $234,939 · Net margin 97.8% · Return on equity 12.0% · Return on assets (EBIT) −0.1% · Operating margin 132%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −36% fair-value upside, at 57%, SWZNF screens cheaper than that median.
Fair Value models
Bear $4,496
Fair Value $5,912
Bull $16,365
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($177,652 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.
Evidence ⓘEvidence = 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.
Highest evidence
Residual Income
$1,923,093
$2,418,090
$3,571,664
67
P/E Multiple
$3,078,442
$4,104,590
$5,130,737
63
P/B Multiple
$2,110,659
$2,814,211
$3,517,764
55
All 4 models by family
Multiples
P/E Multiple
$3,078,442
$4,104,590
$5,130,737
63
P/B Multiple
$2,110,659
$2,814,211
$3,517,764
55
Asset-Based
NCAV (Graham)
$1,005,076
$1,346,801
$2,010,151
51
Economic Profit
Residual Income
$1,923,093
$2,418,090
$3,571,664
67
Notify me when SWZNF reaches fair value
Put SWZNF on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
42/100
Of which business quality 32 · Market factors (momentum, volatility) 27
Profitability
19
Margins and returns on capital today
Quality Growth
20
Are margins and returns improving?
Cashflow
31
Earnings quality: real cash, not paper profit
Fin. Strength
1
Balance sheet, leverage, solvency risk
Investment
49
Disciplined investing over empire-building
Low Volatility
50
Calm price path (market factor)
Momentum
23
Price trend over the last 3–12 months (market factor)
52W Momentum
7
Distance to the 52-week high (market factor)
Net Issuance
100
Share count: buybacks or dilution?
Revenue & earnings trend
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
+964.2%
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.
+50.1%
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.
+12.8%
Revenue growth 20 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.
+19.8%
’08
’09
’11
’12
’14
’16
’17
’19
’20
’21
’23
’24
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.
−0.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−0.1%
Dividend (yield on the price)0.0%
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.−0.1% vs −1.8%, steady
Profit margin 2019 to 2024 ⓘ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.99% → 90%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
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).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Watch SWZNF, get fair value alerts →
Compare Schweizerische Nationalbank, an independent central bank, with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Banks - Regional · 1052 stocks
Beats the industry median on 8/11 measures
Overall it ranks above its industry peers.
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
None of the checked exposures detected
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| DBS Group D05 | 78.00 SGD | 40.39 SGD | −48% |
| China Merchants Bank Co 600036 | ¥40.69 | ¥52.73 | +30% |
| UniCredit S.p.A UCG | €79.53 | €77.12 | −3% |
| Mizuho Financial Group MFG | $11.05 | $6.82 | −38% |
| Intesa Sanpaolo S.p.A ISP | €6.38 | €4.06 | −36% |
| BNP Paribas SA BNP | €91.54 | €105.99 | +16% |
| HDFC Bank Limited HDFCBANK | ₹721.20 | ₹406.44 | −44% |
| Oversea-Chinese Banking Corporation O39 | 32.01 SGD | 19.78 SGD | −38% |
| Al Rajhi Banking and Investment Corporation 1120 | 63.15 SAR | 36.95 SAR | −41% |
| CaixaBank, S.A CABK | €12.03 | €8.46 | −30% |
Explore undervalued stocks
More undervalued Financial Services stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is Schweizerische Nationalbank, an independent central bank (SWZNF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $5,912 versus the last price from Sep 25, 2026 of $3,776, about +57% upside (undervalued).
What is the fair value of SWZNF?
Our model-based fair value for Schweizerische Nationalbank, an independent central bank, is $5,912 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Sep 25, 2026): $3,776.
What is the quality score of SWZNF?
Schweizerische Nationalbank, an independent central bank, has a Quality Score of 42/100. 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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
Our model-based price target is the fair value of $5,912 (as of Sep 24, 2026) from 4 valuation models. Cautious scenario $4,496, optimistic scenario $16,365. It is a calculation from audited fundamentals, not an analyst target.
What is the Schweizerische Nationalbank, an independent central bank, stock forecast for 2026?
Our models put fair value at $5,912, about +57% upside versus the last price from Sep 25, 2026 of $3,776 (undervalued). Cautious scenario $4,496, optimistic scenario $16,365. The calculation is refreshed regularly with new filings.
What is the revenue of Schweizerische Nationalbank, an independent central bank (SWZNF)?
Schweizerische Nationalbank, an independent central bank, reported trailing-twelve-month revenue of about $19.4B (latest available figure, as of Sep 24, 2026).
What growth is priced into Schweizerische Nationalbank, an independent central bank (SWZNF)?
For today's price to be fair in a discounted-cash-flow model, Schweizerische Nationalbank, an independent central bank, would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 9.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of SWZNF use?
Our models discount Schweizerische Nationalbank, an independent central bank, at 9.8 %: a base by market capitalisation (small), damped by beta 0.23, country premium for USA. 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 Schweizerische Nationalbank, an independent central bank, that is less than minus 40 % per year a year over ten years, using the same discount rate (9.8 %) and the same formula as our fair value.
How much growth has Schweizerische Nationalbank, an independent central bank (SWZNF) delivered so far?
Over the past 5 years revenue at Schweizerische Nationalbank, an independent central bank, grew +12.8 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a 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 Schweizerische Nationalbank, an independent central bank (SWZNF) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Schweizerische Nationalbank, an independent central bank, (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Schweizerische Nationalbank, an independent central bank (SWZNF)?
The free-cash-flow yield on the price is 24.87 %: that much free cash flow Schweizerische Nationalbank, an independent central bank, produces per unit of market value. When it exceeds the discount rate of our models (9.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Schweizerische Nationalbank, an independent central bank (SWZNF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Schweizerische Nationalbank, an independent central bank, it is $5,912 per share (as of Sep 24, 2026), against a price of $3,776. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Schweizerische Nationalbank, an independent central bank, stock overvalued or undervalued in 2026?
As of Sep 24, 2026, SWZNF trades below its calculated fair value: price $3,776, fair value $5,912, a gap of about +57% (undervalued). 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 SWZNF?
No. The price is what the market pays today ($3,776); the fair value is what the company's own numbers justify ($5,912). For Schweizerische Nationalbank, an independent central bank, the two are $2,135 per share apart. That gap is exactly why we show both numbers side by side.
How much is Schweizerische Nationalbank, an independent central bank, worth?
The market values Schweizerische Nationalbank, an independent central bank, at about $410M (market capitalisation, as of Sep 24, 2026). Per share that is $3,776; our models calculate a fair value of $5,912 per share.
What do the bullish and bearish scenarios say about SWZNF?
Our models span a range for Schweizerische Nationalbank, an independent central bank,: cautious scenario $4,496, base $5,912, optimistic $16,365 per share (as of Sep 24, 2026, price $3,776). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SWZNF?
Schweizerische Nationalbank, an independent central bank, trades at a price-to-earnings ratio of 0.0 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $5,912 is built from several models across several years. Other multiples: P/S 0.0.
How solid is the balance sheet of Schweizerische Nationalbank, an independent central bank (SWZNF)?
Balance-sheet figures for Schweizerische Nationalbank, an independent central bank, (as of Sep 24, 2026): return on equity 12.0%. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is SWZNF from its 52-week high?
Schweizerische Nationalbank, an independent central bank, trades at $3,776, about 24% below its 52-week high of $4,979 and 3% above the low of $3,650 (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of $5,912 is for.
Which stocks are comparable to Schweizerische Nationalbank, an independent central bank,?
From the same area (Financial Services) we also value DBS Group, China Merchants Bank Co, UniCredit S.p.A, Mizuho Financial Group, 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 Schweizerische Nationalbank, an independent central bank, stock attractive at the current price?
The data as of Sep 24, 2026: price $3,776, calculated fair value $5,912 (+57%), Quality Score 42/100, from 4 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 SWZNF calculated?
We run Schweizerische Nationalbank, an independent central bank, through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $5,912, 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 14.5 % above its aggregate fair value. Schweizerische Nationalbank, an independent central bank, currently trades 36 % below its own fair value, and the market average says nothing about that. 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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
The latest price we hold is from Sep 25, 2026 and stands at $3,776. Our model-based fair value is $5,912, about +57% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Schweizerische Nationalbank, an independent central bank, right now?
The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case ($4,496). The market is more pessimistic than our downside scenario. The model range is unusually wide ($4,496 to $16,365). The outcome hinges heavily on assumptions, so read the point estimate with caution. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Schweizerische Nationalbank, an independent central bank,
How large is the market capitalisation of Schweizerische Nationalbank, an independent central bank (SWZNF)?
The market capitalisation of Schweizerische Nationalbank, an independent central bank, is $410M. 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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
The price-to-sales ratio of Schweizerische Nationalbank, an independent central bank, is 0.02 (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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
Earnings per share at Schweizerische Nationalbank, an independent central bank, are $234,939 (price ÷ EPS = P/E 0.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Schweizerische Nationalbank, an independent central bank (SWZNF)?
The net margin of Schweizerische Nationalbank, an independent central bank, is 97.8% (last twelve months). 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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
The return on equity (ROE) of Schweizerische Nationalbank, an independent central bank, is 12.0% (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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
On an EBIT basis the return on assets of Schweizerische Nationalbank, an independent central bank, is −0.1% (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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
The operating margin of Schweizerische Nationalbank, an independent central bank, is 132% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Schweizerische Nationalbank, an independent central bank (SWZNF)?
Revenue at Schweizerische Nationalbank, an independent central bank, is growing −25.8% versus a year earlier. 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 Schweizerische Nationalbank, an independent central bank (SWZNF)?
Earnings per share at Schweizerische Nationalbank, an independent central bank, are growing −25.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Schweizerische Nationalbank, an independent central bank (SWZNF) carry?
The net debt of Schweizerische Nationalbank, an independent central bank, is CHF 660B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Schweizerische Nationalbank, an independent central bank, in the live analysis
One click puts Schweizerische Nationalbank, an independent central bank, on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.