Share price development in 2017
After the extremely good performance in 2016 (+83.6%), the price of HOCHDORF stock decreased somewhat in 2017. At the beginning of the year, the share rose initially to an annual high of CHF 340, followed by a downward trend, sharp at times, before hitting a low of CHF 247.80. The share price had recovered again by the end of the year, and the price at the close of trading on 29.12.2017 was CHF 286.25. Accordingly, HOCHDORF stock fell by 7.6%, whereas the Swiss Performance Index (SPI) gained just under 20%. Over a five-year period (01.01.2013 – 29.12.2017), the HOCHDORF share price has risen by 226%. As of 31.12.2017, HOCHDORF Holding Ltd had 1,434,760 registered shares (no change over previous year). Market capitalisation stands at CHF 410.7 million (previous year: CHF 444.4 million).
HOCHDORF Holding Ltd is listed on the SIX Swiss Exchange (ISIN CH0024666528).
Dividend
On the basis of the marked improvement in results, the Board of Directors is applying to the Annual General Meeting for a dividend payment from capital investment reserves of CHF 4.00 per share (previous year CHF 3.80). With the increase, a dividend return of 1.40% is achieved as at the closing date, 29 December 2017. The cautious and sustainable dividend policy will thus be continued.
The dividend to be paid from capital investment reserves is tax free for natural persons resident in Switzerland who hold shares as personal assets.
By category as at 31.12.2017
Description | Registered shareholders |
Natural persons | 2,238 |
Legal entities | 92 |
Pension funds | 16 |
Insurance companies | 4 |
Investment company/fund | 29 |
Other trusts | 11 |
Banks | 19 |
Public corporation | 6 |
Total | 2,415 |
Shareholders spread as at 31.12.2017
Number of shares | Registered shareholders |
1 – 10 | 256 |
11 – 100 | 1,397 |
101 – 1,000 | 671 |
1,001 – 10,000 | 70 |
10,001 – 100,000 | 20 |
100,001 or more | 1 |
Total | 2,415 |
Disclosure of equity holdings
According to Article 120 of the Federal Act on Financial Market Structures and Market Conduct in Securities and Derivatives Trading (Financial Market Infrastructure Act, FMIA), anyone who in direct or indirect consultation with third parties acquires or sells on their own account the shares of a company based in Switzerland, the equity holdings of which are wholly or partially listed in Switzerland, or of a company based abroad, the equity holdings of which are wholly or partially listed in Switzerland, and thus reaches, falls short of or exceeds the limit value of 3, 5, 10, 15, 20, 25, 33⅓, 50 or 66⅔ per cent of the voting rights, whether these are exercisable or not, must disclose this to the company and to the stock exchanges on which the equity holdings are listed.
Financial calendar
- Annual General Meeting
4 May 2018 - Dividend payment
10 May 2018 - Half-yearly statement 2018
30 August 2018
Key indicators for HOCHDORF Holding Ltd stock
2017 | 2016 | 2015 | 2014 | 2013 | ||
Share capital as of 31.12. | TCHF | 14,348 | 14,348 | 14,348 | 10,709 | 9,000 |
Number of shares as of 31.12. | Units | 1,434,760 | 1,434,760 | 1,434,760 | 1,070,922 | 900,000 |
Nominal value per share | CHF | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Profit/loss (–) per share | CHF | 18.43 | 14.12 | 11.73 | 17.45 | 6.95 |
EBITDA per share | CHF | 38.84 | 23.25 | 21.23 | 25.40 | 20.11 |
EBIT per share | CHF | 29.70 | 15.66 | 14.04 | 18.69 | 11.44 |
Earned capital per share | CHF | 39.06 | 22.45 | 17.33 | 23.63 | 20.14 |
Equity per share | CHF | 215.56 | 31.92 | 134.37 | 133.69 | 115.30 |
Dividend per share | CHF | 4.001) | 3.80 | 3.70 | 3.70 | 3.20 |
Peak price | CHF | 340.00 | 320.00 | 178.00 | 141.30 | 105.30 |
Lowest price | CHF | 247.80 | 163.00 | 107.50 | 100.80 | 79.20 |
Price at close of trading as of 31.12. | CHF | 286.25 | 309.75 | 168.70 | 138.00 | 104.00 |
Average trading volume per day | Unit | 3,131 | 2,650 | 2,312 | 1,202 | 804 |
P/E (price/earnings ratio) as at 31.12. | 15.5 | 21.9 | 14.4 | 7.9 | 15.0 | |
Dividend return | % | 1.4 | 1.23 | 2.19 | 2.68 | 3.08 |