TX Group runs Switzerland's largest print and digital classifieds and news franchise, with 20 Minuten and Tamedia's regional dailies, plus Goldbach, its advertising sales arm. Revenue is shrinking at 5.7%, and the company's 4.0% operating margin and 0.7% ROE leave little cushion, so the investment case rests on whether the classifieds and digital advertising base can stabilise margins as print declines. The shares trade at 17.2 times forward earnings against a 1.9 billion CHF market cap, which prices in a lot of that stabilisation already. With no index membership, the name sits outside most passive flows, which may explain the valuation but also means any re-rating would have to come from fundamentals. It merits a deeper look mainly to test whether the cost base can keep pace with falling print revenue; a 44.4% gross margin on a shrinking top line is the number to watch.
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.
Trades are only made public after a delay. We show the delay so you know how old the news is.
Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | CHF 190 | first publication | CHF 185 |
| 22 Oct 2026, 14:04 CEST | Rating | Overvalued | first publication | CHF 185 |
| 22 Oct 2026, 14:04 CEST | Fair value | CHF 104 | first publication | CHF 185 |
Answered from TX Group AG fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| TXGN.SW TX Group AG | CHF 180.40 | CHF 104 | 74% above | - | 0.7% | 51 | 62 |
| WLY John Wiley & Sons Inc. Common Stock | $53.91 | $46 | 17% above | 14.5x | 25.9% | 73 | 72 |
| WLYB John Wiley & Sons Inc. Common Stock | $54.46 | $41 | 32% above | 14.6x | 25.9% | 73 | 73 |
| 9468.T Kadokawa Corporation | ¥3794.00 | - | - | - | - | 49 | 49 |
| SPG.DE Springer Nature AG & Co. KGaA | €20.80 | €22 | 4% below | 12.5x | 17.1% | 79 | 57 |
| TDAY USA TODAY Co. Inc. Common Stock | $6.86 | $6 | 19% above | - | -20.7% | 26 | 39 |
| STORY-B.ST Storytel AB (publ) | kr 110.00 | kr 99 | 11% above | 13.0x | 35.9% | 81 | 76 |
Where TXGN.SW ranks against its sector peers on each metric.