Intrinsic value of UBS Group - UBS

Previous Close

$15.38

  Intrinsic Value

$0.00

stock screener

  Rating & Target

str. sell

-100%

Previous close

$15.38

 
Intrinsic value

$0.00

 
Up/down potential

-100%

 
Rating

str. sell

Our model is not good at valuating stocks of financial companies, such as UBS.

We calculate the intrinsic value of UBS stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -100.00
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  0
  30,408
  31,108
  31,907
  32,805
  33,799
  34,890
  36,079
  37,365
  38,751
  40,238
  41,829
  43,526
  45,334
  47,255
  49,293
  51,454
  53,740
  56,158
  58,713
  61,411
  64,258
  67,260
  70,424
  73,758
  77,269
  80,966
  84,858
  88,953
  93,260
  97,792
Variable operating expenses, $m
 
  25,190
  24,805
  24,364
  23,870
  23,322
  22,720
  22,065
  21,357
  20,593
  19,773
  -23,052
  -23,988
  -24,984
  -26,042
  -27,166
  -28,356
  -29,616
  -30,949
  -32,357
  -33,844
  -35,413
  -37,067
  -38,811
  -40,648
  -42,583
  -44,621
  -46,765
  -49,022
  -51,396
  -53,893
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  0
  25,190
  24,805
  24,364
  23,870
  23,322
  22,720
  22,065
  21,357
  20,593
  19,773
  -23,052
  -23,988
  -24,984
  -26,042
  -27,166
  -28,356
  -29,616
  -30,949
  -32,357
  -33,844
  -35,413
  -37,067
  -38,811
  -40,648
  -42,583
  -44,621
  -46,765
  -49,022
  -51,396
  -53,893
Operating income, $m
  0
  5,218
  6,303
  7,543
  8,935
  10,477
  12,170
  14,013
  16,008
  18,158
  20,464
  64,881
  67,514
  70,318
  73,297
  76,459
  79,810
  83,357
  87,107
  91,071
  95,255
  99,670
  104,327
  109,235
  114,406
  119,853
  125,587
  131,623
  137,975
  144,657
  151,685
EBITDA, $m
  1,061
  190,483
  194,865
  199,873
  205,495
  211,725
  218,561
  226,004
  234,061
  242,742
  252,058
  262,024
  272,658
  283,981
  296,014
  308,784
  322,316
  336,640
  351,787
  367,793
  384,692
  402,523
  421,328
  441,150
  462,034
  484,030
  507,189
  531,566
  557,217
  584,203
  612,587
Interest expense (income), $m
  6,040
  41,687
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
  41,370
Earnings before tax, $m
  4,031
  -36,470
  -35,067
  -33,827
  -32,435
  -30,893
  -29,200
  -27,357
  -25,362
  -23,212
  -20,906
  23,511
  26,144
  28,948
  31,927
  35,089
  38,440
  41,987
  45,737
  49,701
  53,885
  58,300
  62,957
  67,865
  73,036
  78,483
  84,217
  90,253
  96,605
  103,287
  110,315
Tax expense, $m
  794
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  6,348
  7,059
  7,816
  8,620
  9,474
  10,379
  11,336
  12,349
  13,419
  14,549
  15,741
  16,998
  18,324
  19,720
  21,190
  22,739
  24,368
  26,083
  27,887
  29,785
Net income, $m
  3,157
  -36,470
  -35,067
  -33,827
  -32,435
  -30,893
  -29,200
  -27,357
  -25,362
  -23,212
  -20,906
  17,163
  19,085
  21,132
  23,307
  25,615
  28,061
  30,650
  33,388
  36,281
  39,336
  42,559
  45,958
  49,541
  53,316
  57,292
  61,479
  65,885
  70,521
  75,399
  80,530

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  921,489
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Adjusted assets (=assets-cash), $m
  921,489
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Revenue / Adjusted assets
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
Average production assets, $m
  8,179
  1,433,171
  1,466,134
  1,503,813
  1,546,116
  1,592,989
  1,644,419
  1,700,423
  1,761,045
  1,826,355
  1,896,446
  1,971,430
  2,051,442
  2,136,633
  2,227,171
  2,323,245
  2,425,057
  2,532,829
  2,646,798
  2,767,220
  2,894,366
  3,028,528
  3,170,013
  3,319,149
  3,476,281
  3,641,776
  3,816,022
  3,999,426
  4,192,421
  4,395,459
  4,609,021
Working capital, $m
  0
  -897,560
  -918,204
  -941,802
  -968,295
  -997,650
  -1,029,860
  -1,064,934
  -1,102,900
  -1,143,802
  -1,187,698
  -1,234,659
  -1,284,768
  -1,338,121
  -1,394,823
  -1,454,992
  -1,518,754
  -1,586,249
  -1,657,625
  -1,733,043
  -1,812,671
  -1,896,694
  -1,985,302
  -2,078,702
  -2,177,110
  -2,280,756
  -2,389,882
  -2,504,743
  -2,625,611
  -2,752,769
  -2,886,518
Total debt, $m
  211,114
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
  766,111
Total liabilities, $m
  868,644
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total equity, $m
  52,844
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total liabilities and equity, $m
  921,488
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Debt-to-equity ratio
  3.995
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
Adjusted equity ratio
  0.057
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000
  0.000

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  3,157
  -36,470
  -35,067
  -33,827
  -32,435
  -30,893
  -29,200
  -27,357
  -25,362
  -23,212
  -20,906
  17,163
  19,085
  21,132
  23,307
  25,615
  28,061
  30,650
  33,388
  36,281
  39,336
  42,559
  45,958
  49,541
  53,316
  57,292
  61,479
  65,885
  70,521
  75,399
  80,530
Depreciation, amort., depletion, $m
  1,061
  185,266
  188,562
  192,330
  196,560
  201,248
  206,391
  211,991
  218,053
  224,584
  231,593
  197,143
  205,144
  213,663
  222,717
  232,324
  242,506
  253,283
  264,680
  276,722
  289,437
  302,853
  317,001
  331,915
  347,628
  364,178
  381,602
  399,943
  419,242
  439,546
  460,902
Funds from operations, $m
  -36,360
  148,796
  153,495
  158,503
  164,125
  170,355
  177,191
  184,634
  192,691
  201,372
  210,688
  214,306
  224,229
  234,795
  246,024
  257,940
  270,567
  283,933
  298,068
  313,003
  328,773
  345,412
  362,960
  381,456
  400,944
  421,470
  443,081
  465,827
  489,763
  514,945
  541,432
Change in working capital, $m
  -20,142
  -17,599
  -20,644
  -23,598
  -26,493
  -29,356
  -32,209
  -35,074
  -37,966
  -40,902
  -43,896
  -46,961
  -50,109
  -53,353
  -56,702
  -60,168
  -63,762
  -67,495
  -71,376
  -75,417
  -79,629
  -84,022
  -88,609
  -93,400
  -98,408
  -103,646
  -109,126
  -114,862
  -120,868
  -127,158
  -133,749
Cash from operations, $m
  -16,218
  166,395
  174,138
  182,100
  190,618
  199,711
  209,400
  219,708
  230,657
  242,274
  254,584
  261,267
  274,339
  288,148
  302,726
  318,108
  334,329
  351,428
  369,444
  388,421
  408,402
  429,434
  451,568
  474,856
  499,353
  525,116
  552,206
  580,689
  610,631
  642,103
  675,181
Maintenance CAPEX, $m
  0
  -140,510
  -143,317
  -146,613
  -150,381
  -154,612
  -159,299
  -164,442
  -170,042
  -176,104
  -182,635
  -189,645
  -197,143
  -205,144
  -213,663
  -222,717
  -232,324
  -242,506
  -253,283
  -264,680
  -276,722
  -289,437
  -302,853
  -317,001
  -331,915
  -347,628
  -364,178
  -381,602
  -399,943
  -419,242
  -439,546
New CAPEX, $m
  -1,751
  -28,073
  -32,963
  -37,680
  -42,302
  -46,874
  -51,430
  -56,004
  -60,622
  -65,310
  -70,091
  -74,985
  -80,012
  -85,190
  -90,539
  -96,073
  -101,812
  -107,772
  -113,969
  -120,422
  -127,147
  -134,162
  -141,485
  -149,135
  -157,132
  -165,495
  -174,246
  -183,404
  -192,994
  -203,039
  -213,562
Cash from investing activities, $m
  35,802
  -168,583
  -176,280
  -184,293
  -192,683
  -201,486
  -210,729
  -220,446
  -230,664
  -241,414
  -252,726
  -264,630
  -277,155
  -290,334
  -304,202
  -318,790
  -334,136
  -350,278
  -367,252
  -385,102
  -403,869
  -423,599
  -444,338
  -466,136
  -489,047
  -513,123
  -538,424
  -565,006
  -592,937
  -622,281
  -653,108
Free cash flow, $m
  19,584
  -2,187
  -2,142
  -2,193
  -2,066
  -1,774
  -1,329
  -738
  -7
  859
  1,857
  -3,362
  -2,816
  -2,187
  -1,476
  -683
  193
  1,151
  2,192
  3,319
  4,533
  5,836
  7,231
  8,719
  10,305
  11,992
  13,783
  15,683
  17,694
  19,823
  22,073
Issuance/(repayment) of debt, $m
  4,741
  -5,879
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Issuance/(repurchase) of shares, $m
  -1,230
  42,349
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  2,160
  36,470
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total cash flow (excl. dividends), $m
  20,950
  34,282
  -2,142
  -2,193
  -2,066
  -1,774
  -1,329
  -738
  -7
  859
  1,857
  -3,362
  -2,816
  -2,187
  -1,476
  -683
  193
  1,151
  2,192
  3,319
  4,533
  5,836
  7,231
  8,719
  10,305
  11,992
  13,783
  15,683
  17,694
  19,823
  22,073
Retained Cash Flow (-), $m
  1,669
  -42,349
  -35,067
  -33,827
  -32,435
  -30,893
  -29,200
  -27,357
  -25,362
  -23,212
  -20,906
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Prev. year cash balance distribution, $m
 
  5,879
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  -2,187
  -35,067
  -33,827
  -32,435
  -30,893
  -29,200
  -27,357
  -25,362
  -22,353
  -19,048
  0
  0
  0
  0
  0
  193
  1,151
  2,192
  3,319
  4,533
  5,836
  7,231
  8,719
  10,305
  11,992
  13,783
  15,683
  17,694
  19,823
  22,073
Discount rate, %
 
  15.80
  16.59
  17.42
  18.29
  19.20
  20.17
  21.17
  22.23
  23.34
  24.51
  25.74
  27.02
  28.37
  29.79
  31.28
  32.85
  34.49
  36.21
  38.02
  39.93
  41.92
  44.02
  46.22
  48.53
  50.96
  53.50
  56.18
  58.99
  61.94
  65.03
PV of cash for distribution, $m
 
  -1,889
  -25,798
  -20,895
  -16,566
  -12,835
  -9,699
  -7,132
  -5,090
  -3,383
  -2,127
  0
  0
  0
  0
  0
  2
  7
  8
  7
  5
  4
  2
  1
  1
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  100
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0

UBS Group AG is a holding company and conducts its operations through UBS AG and its subsidiaries. The Company comprises Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. Wealth Management division provides advice and tailored financial services to wealthy private clients around the world, except those served by Wealth Management Americas. Wealth Management Americas division is a wealth manager in the Americas in terms of financial advisor productivity and invested assets by financial advisor. Personal & Corporate Banking division provides financial products and services to private, corporate and institutional clients in Switzerland. Asset Management division provides investment management products and services, platform solutions and advisory support. Investment Bank division provides investment advice, financial solutions and capital markets access.

FINANCIAL RATIOS  of  UBS Group (UBS)

Valuation Ratios
P/E Ratio 18.1
Price to Sales 0
Price to Book 1.1
Price to Tangible Book
Price to Cash Flow -3.5
Price to Free Cash Flow -3.2
Growth Rates
Sales Growth Rate -100%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -3.5%
Cap. Spend. - 3 Yr. Gr. Rate 7.5%
Financial Strength
Quick Ratio 0
Current Ratio NaN
LT Debt to Equity 357.4%
Total Debt to Equity 399.5%
Interest Coverage 2
Management Effectiveness
Return On Assets 0.9%
Ret/ On Assets - 3 Yr. Avg. 1.1%
Return On Total Capital 1.2%
Ret/ On T. Cap. - 3 Yr. Avg. 1.6%
Return On Equity 5.9%
Return On Equity - 3 Yr. Avg. 8.3%
Asset Turnover 0
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 0%
EBITDA Margin - 3 Yr. Avg. 0%
Operating Margin 0%
Oper. Margin - 3 Yr. Avg. 0%
Pre-Tax Margin 0%
Pre-Tax Margin - 3 Yr. Avg. 0%
Net Profit Margin 0%
Net Profit Margin - 3 Yr. Avg. 0%
Effective Tax Rate 19.7%
Eff/ Tax Rate - 3 Yr. Avg. -14.9%
Payout Ratio 98.8%

UBS stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the UBS stock intrinsic value calculation we used $29812 million for the last fiscal year's total revenue generated by UBS Group. The default revenue input number comes from 2016 income statement of UBS Group. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our UBS stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 15.8%, whose default value for UBS is calculated based on our internal credit rating of UBS Group, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of UBS Group.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of UBS stock the variable cost ratio is equal to 85.6%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for UBS stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for UBS Group.

Corporate tax rate of 27% is the nominal tax rate for UBS Group. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the UBS stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for UBS are equal to 4713.1%.

Life of production assets of 10 years is the average useful life of capital assets used in UBS Group operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for UBS is equal to -2951.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $0 million for UBS Group - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 3851 million for UBS Group is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of UBS Group at the current share price and the inputted number of shares is $59.2 billion.

RELATED COMPANIES Price Int.Val. Rating

COMPANY NEWS

▶ [$$] U.S. Censures UBS Over Its Anti-Money Laundering Systems   [Jul-20-18 05:56PM  The Wall Street Journal]
▶ UBS's Harford: We are absolutely invested in China   [Jul-18-18 02:04PM  CNBC Videos]
▶ MOVES-UBS, Zurich Insurance, eToro   [Jul-13-18 05:33PM  Reuters]
▶ [$$] Citigroup Taps UBS Bankers to Bolster Operations in France   [Jul-08-18 04:03PM  The Wall Street Journal]
▶ Trump talks American manufacturing at Foxconn site   [Jun-28-18 03:00PM  CNBC Videos]
▶ UBS' Haefele on Equities, Trade, Fed   [Jun-25-18 02:02AM  Bloomberg Video]
▶ Blockchain 'Almost A Must' for Business: UBS CEO   [Jun-19-18 10:05AM  Investopedia]
▶ UBS CEO on growth in Asia   [10:33AM  CNBC Videos]
▶ UBS CEO: Many assets are expensive   [08:35AM  CNBC Videos]
▶ Brief Commentary On UBM Development AGs (VIE:UBS) Fundamentals   [Jun-15-18 06:37AM  Simply Wall St.]
▶ [$$] UBS London headquarters sold for £1bn   [Jun-14-18 06:08AM  Financial Times]
▶ As a raccoon climbed, UBS Financial racked up media impressions   [Jun-13-18 03:26PM  American City Business Journals]
▶ World Cup 2018 Predictions: Who Will Win?   [02:20PM  InvestorPlace]
▶ UBS Announces Redemption of Eight ETNs   [Jun-08-18 04:30PM  Business Wire]
▶ [$$] Art Collectors Circle: aiming for cultural impact   [Jun-07-18 11:41PM  Financial Times]
▶ UBS Is Cutting Asset-Management Jobs   [12:58PM  Bloomberg]
▶ [$$] Anbang says it has no plans to sell assets   [May-28-18 11:48PM  Financial Times]
▶ [$$] China regulators appoint CICC and UBS to unwind Anbang   [May-27-18 04:00AM  Financial Times]
▶ [$$] Wealth management most fragmented in global finance   [May-26-18 09:02PM  Financial Times]
▶ Should You Buy UBS Group AG (VTX:UBSG)?   [04:46AM  Simply Wall St.]
▶ UBS' Issel Says Investors Are too Passive in the Market   [May-20-18 09:09PM  Bloomberg Video]
▶ UBS sells office building by Metro Center for $54M   [May-18-18 02:56PM  American City Business Journals]
▶ UBS to Counter Trading Troubles With Advisory Work   [May-17-18 12:20PM  Bloomberg]
▶ Trump looks to make a deal with China as trade talks loom   [May-14-18 01:27PM  Yahoo Finance Video]
▶ UBS' Tay Calls China Demand a Positive for Treasuries   [May-09-18 08:44PM  Bloomberg Video]
Financial statements of UBS
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.