AACCE Investments
ScreenerStocksIndicesPicksETFsBlogPricing

© 2026 ACCE Investments. All rights reserved.

ACCE Investments - Institutional-grade stock research for retail investors | BetaList
IndicesStocksETFsScreenerBlogGlossaryCompareMarket dataAdvisors
TermsPrivacyCookiesDisclaimerLegal noticeProfessional termsAboutContact
ASWN.SW

Asmallworld AG (ASWN.SW) fair value

Consumer Cyclical · Travel Services · SIX · Switzerland
CHF 1.49+11.19%
Market cap CHF 22MUpdated Oct 22, 2026
Our verdict
Trades 66% above our fair value
Price
CHF 1.49
Model fair valueConfidence: good
CHF 0.90
Model range
CHF 0.46 to CHF 1.34
Fair value CHF 0.90
Price CHF 1.49
2 models fit Asmallworld AG and they disagree: 0 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Silver61
Valued as a growth company: Discounted cash flow and EV/EBITDA comparison.
ACCE opinionAsmallworld AG (ASWN.SW)
Fair value (2 models)
CHF 0.90
ACCE price target
CHF 1.20
Rating
Overvalued
Horizon
12 months
Fair value published on 22 Oct 2026, 14:04 CEST.
ACCE price target published on 23 Oct 2026, 01:53 CEST.
Rating published on 22 Oct 2026, 14:04 CEST.
Price used: CHF 1.49 at the close on 23 Oct 2026, 17:30 CEST.
Models: Discounted cash flow and EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
65.6% above
-39.6% to fair value
ACCE score
45
out of 100
1-year return
+84.0%
Dividend yield
0.00%

Asmallworld AG in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Asmallworld AG runs a members-only online community and booking platform for affluent travellers, monetising it through travel services and sales of its lifestyle and hospitality offering. The business is small, with a market capitalisation of about 19M CHF, and it is shrinking: revenue fell 35.6% in the latest period, while operating margin sits at roughly break-even (0.2%) on a 26.0% gross margin. The forward P/E of 67.0 against a negative return on equity of -7.1% means the market is pricing a recovery in earnings that the reported numbers do not yet show. The case for a deeper look rests on whether the revenue decline is cyclical travel softness or structural loss of members and bookings, and nothing in the data here settles that question.

AI-assisted·How I use AIWritten Oct 23, 2026

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where ASWN.SW's valuation models land
Price
CHF 1.49
Model fair value
CHF 0.90
Model range
CHF 0.46 to CHF 1.34
Fair value CHF 0.90
Price CHF 1.49
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
Create a free account: 5 full stock pages a month, no card.

See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Recent performance

1 week
+50.5%
1 month
+98.7%
3 months
+140.3%
6 months
+136.5%
YTD
+115.9%
1 year
+84.0%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:53 CESTACCE price targetCHF 1.20first publicationCHF 1.34
22 Oct 2026, 14:04 CESTRatingOvervaluedfirst publicationCHF 1.10
22 Oct 2026, 14:04 CESTFair valueCHF 0.90first publicationCHF 1.10

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in CHF. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

Get the full ASWN.SW page, free

Every model, the scenarios, fair value history, AI notes and the four questions. 5 full stock pages every month on the free plan, no card.

Free accounts get 5 full stock pages a month, including the full page.

Snapshot

Growth7Value41Quality35Momentum97Total45
Valuation
Trailing P/E
no data
Forward P/E
74.5x
PEG
no data
P/B
2.86x
EV / Revenue
0.7x
Book value/sh
CHF 0.26
Enterprise value
CHF 12M
Profitability
ROE
-7.1%
FCF yield
3.71%
ROIC
-2.9%
Health and risk
Debt / equity
0.63
Dividend yield
0.00%
Beta
0.87

Price

+79.5% · 1Y

Ask anything about ASWN.SW

Answered from Asmallworld AG fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
ROEbetter than 17% of peers
low -297%-7%high 66%
Div yieldbetter than 83% of peers
low 0.0%0.0%high 24.8%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
ASWN.SW Asmallworld AGCHF 1.49CHF 166% above--7.1%3545
UTG.ST Unlimited Travel Group UTG AB (publ)kr 19.30kr 1438% above11.6x66.0%4954
AHMA Ambitions Enterprise Management Co. L.L.C Class A Ordinary Shares$1.13--29.0x13.0%6442
NTRP NextTrip Inc. Common Stock$1.39----296.7%3117
TOUR Tuniu Corporation American Depositary Shares$4.79$1052% below18.6x2.4%5031
YTRA Yatra Online Inc. Ordinary Shares$0.92----1.7%3928
MHM.PA MyHotelMatch S.A.€0.01---0.0%3217

Sector report card

Where ASWN.SW ranks against its sector peers on each metric.

Computing percentiles…