Allreal Holding is a Zurich-based owner and developer of residential, commercial and mixed-use property, earning rental income from a portfolio it holds for the long term alongside selective development and project sales. Its structural appeal is the operating profile: a 53.2% gross margin and 43.9% operating margin are high for a property company, pointing to a stable, largely rent-driven income stream in Swiss real estate. Top-line growth is barely there at 1.0%, so the case rests on margin durability and the value of the existing asset base rather than on expansion. The valuation looks full on forward earnings, with a trailing P/E of 15.2 against a forward P/E of 24.2, which implies earnings are expected to dip, and ROE of 7.7% is modest for the balance-sheet exposure involved. Worth a deeper look to test whether the forward earnings step-down is cyclical or structural, and whether Swiss rate and property-valuation risk is adequately priced at a 3.2B CHF market cap.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | CHF 175 | first publication | CHF 192 |
| 22 Oct 2026, 13:04 CEST | Fair value | CHF 135 | first publication | CHF 188 |
| 22 Oct 2026, 13:04 CEST | Rating | Overvalued | first publication | CHF 188 |
Answered from Allreal Holding AG fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| ALLN.SW Allreal Holding AG | CHF 191.20 | CHF 135 | 41% above | 15.2x | 7.7% | 72 | 45 |
| JOE St. Joe Company (The) Common Stock | $67.57 | $49 | 37% above | 31.7x | 16.3% | 82 | 70 |
| PARAUCO.SN Parq Arauco | CLP 3640.10 | - | - | 21.8x | 10.6% | 76 | 58 |
| VTMX Corporacion Inmobiliaria Vesta S.A.B de C.V. American Depositary Shares each representing ten (10) Common Shares | $36.34 | $35 | 3% above | 7.9x | 14.1% | 86 | 81 |
| VESTA.MX Corporacion Inmobiliaria Vesta | MXN 67.76 | MXN 63 | 7% above | 8.2x | 14.1% | 86 | 83 |
| 3288.T Open House Group Co., Ltd. | ¥7892.00 | - | - | 7.8x | 20.2% | 60 | 59 |
| 3289.T Tokyu Fudosan Holdings Corporation | ¥1235.00 | - | - | 9.6x | 10.5% | 49 | 42 |
Where ALLN.SW ranks against its sector peers on each metric.