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V

Valiant Holding VATN.SW · CHF

Financials · SIX · 🇨🇭 Switzerland

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151.60

+0.26%

Close of 9 Nov 2026, in CHF

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CHF, from our data supplier.

FY2025

Revenue, before interest expense

CHF 737.1m

FY2016FY2025

Net income

CHF 154.7m

FY2016FY2025

Total assets

CHF 37.87bn

FY2016FY2025

Shareholders' equity

CHF 2.76bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expenseCHF 737.1mCHF 833.3mCHF 768.1mCHF 478.2mCHF 436.9mCHF 438.6mCHF 447.5mCHF 453.4mCHF 459.9mCHF 466.1m
Operating incomeCHF 191.5mCHF 188.0mCHF 184.6mCHF 196.8mCHF 146.8mCHF 150.1mCHF 147.9mCHF 145.5mCHF 151.4mCHF 144.1m
Net incomeCHF 154.7mCHF 150.4mCHF 144.3mCHF 129.5mCHF 123.1mCHF 121.9mCHF 121.1mCHF 120.3mCHF 119.2mCHF 117.5m
Diluted earnings per share9.809.529.138.207.807.727.677.627.557.44

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCHF 37.87bnCHF 37.12bnCHF 36.08bnCHF 35.73bnCHF 35.56bnCHF 33.18bnCHF 29.91bnCHF 27.38bnCHF 27.56bnCHF 26.09bn
Cash and short-term investmentsCHF 4.20bnCHF 4.21bnCHF 4.79bnCHF 5.10bnCHF 6.32bnCHF 5.29bnCHF 3.92bnCHF 2.13bnCHF 2.68bnCHF 2.35bn
Total liabilitiesCHF 35.11bnCHF 34.45bnCHF 33.50bnCHF 8.43bnCHF 8.13bnCHF 7.24bnCHF 7.37bnCHF 25.12bnCHF 25.36bnCHF 23.97bn
DebtCHF 12.11bnCHF 10.18bnCHF 9.47bnCHF 10.83bnCHF 11.47bnCHF 9.63bnCHF 8.25bnCHF 6.23bnCHF 5.88bnCHF 5.87bn
Shareholders' equityCHF 2.76bnCHF 2.68bnCHF 2.58bnCHF 2.47bnCHF 2.40bnCHF 2.36bnCHF 2.32bnCHF 2.27bnCHF 2.20bnCHF 2.13bn
Shares outstanding16m16m16m16m16m16m16m16m16m16m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expenseCHF 177.5mCHF 164.6mCHF 178.7mCHF 171.3mCHF 176.3mCHF 187.6mCHF 198.2mCHF 209.5m
Operating incomeCHF 53.4mCHF 42.9mCHF 50.6mCHF 46.5mCHF 51.7mCHF 42.7mCHF 49.6mCHF 45.0m
Net incomeCHF 42.6mCHF 33.2mCHF 46.4mCHF 34.9mCHF 40.6mCHF 32.7mCHF 45.4mCHF 33.7m
Diluted earnings per share2.702.112.942.212.572.072.872.14
Total assetsCHF 39.03bnCHF 38.18bnCHF 37.87bnCHF 38.07bnCHF 37.54bnCHF 37.57bnCHF 37.12bnCHF 36.75bn
Cash and short-term investmentsCHF 4.17bnCHF 3.79bnCHF 4.20bnCHF 4.93bnCHF 4.56bnCHF 4.63bnCHF 4.21bnCHF 4.35bn
Debt——CHF 10.63bnCHF 10.75bnCHF 10.85bn—CHF 2.54bn—
Shareholders' equityCHF 2.76bnCHF 2.81bnCHF 2.76bnCHF 2.72bnCHF 2.68bnCHF 2.72bnCHF 2.68bnCHF 2.63bn

Financial ratios

Data as of 27 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin26.0%22.6%24.0%41.1%33.6%34.2%
Net margin21.0%18.0%18.8%27.1%28.2%27.8%
Return on equity5.6%5.6%5.6%5.2%5.1%5.2%
Return on assets0.4%0.4%0.4%0.4%0.3%0.4%
Revenue growth-11.6%8.5%60.6%9.5%-0.4%-2.0%
Earnings growth2.9%4.2%11.4%5.2%1.0%0.7%
Current ratio1.48x0.18x0.21x2.00x1.81x1.74x
Debt to equity3.84x4.41x4.25x4.39x4.78x4.08x
Equity ratio7.3%7.2%7.1%6.9%6.7%7.1%
Interest coverage1.22x0.68x0.87x5.43x38.63x5.57x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue9.5%7.1%3.6%
Operating income-0.9%5.0%3.2%
Net income6.1%4.9%3.1%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin24.2%27.0%28.6%29.7%
Net margin19.4%20.6%22.3%23.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings15.411.110.412.211.711.212.814.214.013.6
Price to sales4.13.02.53.63.33.34.04.44.54.4

Dividends and splits

Per share, in the currency the company pays

Paid for 29 years. Last went ex-dividend on 18 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year6.005.805.505.005.005.005.004.40
  • 1-to-1 reverse split · 17 Aug 2007
  • 1-for-0.08265 split · 9 Dec 2002

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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