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29.68 (1y: +46%)
Market Cap 39.12 B P/E(ttm) 18.10
Enterprise Value 213.61 B P/B 1.10
CS- NYSE (USA)
Credit Suisse Group
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$29.68
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.382
CS's Cash to Debt is ranked lower than
54% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.85 vs. CS: 0.382 )
CS' s 10-Year Cash to Debt Range
Min: 0.22   Max: 0.6
Current: 0.38
0.22
0.6
Equity to Asset 0.029
CS's Equity to Asset is ranked lower than
96% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.09 vs. CS: 0.029 )
CS' s 10-Year Equity to Asset Range
Min: 0.01   Max: 0.03
Current: 0.03
0.01
0.03
Interest Coverage No Debt
CS's Interest Coverage is ranked lower than
75% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 10000.00 vs. CS: No Debt )
CS' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 6
Z-Score: 0.13
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 9.10
CS's Operating margin (%) is ranked lower than
71% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 25.80 vs. CS: 9.10 )
CS' s 10-Year Operating margin (%) Range
Min: -160.8   Max: 37
Current: 9.1
-160.8
37
Net-margin (%) 5.6
CS's Net-margin (%) is ranked lower than
80% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 18.10 vs. CS: 5.6 )
CS' s 10-Year Net-margin (%) Range
Min: -88.7   Max: 29.3
Current: 5.6
-88.7
29.3
ROE (%) 3.8
CS's ROE (%) is ranked lower than
75% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 6.80 vs. CS: 3.8 )
CS' s 10-Year ROE (%) Range
Min: -25.4   Max: 26
Current: 3.8
-25.4
26
ROA (%) 0.1
CS's ROA (%) is ranked lower than
80% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.80 vs. CS: 0.1 )
CS' s 10-Year ROA (%) Range
Min: -0.7   Max: 0.9
Current: 0.1
-0.7
0.9
Revenue Growth (%) -9.3
CS's Revenue Growth (%) is ranked higher than
98% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 1.70 vs. CS: -9.3 )
CS' s 10-Year Revenue Growth (%) Range
Min: -35.9   Max: 25.5
Current: -9.3
-35.9
25.5
EBITDA Growth (%) -22.8
CS's EBITDA Growth (%) is ranked lower than
86% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 5.10 vs. CS: -22.8 )
CS' s 10-Year EBITDA Growth (%) Range
Min: -22.8   Max: 185.1
Current: -22.8
-22.8
185.1
EPS Growth (%) -37
CS's EPS Growth (%) is ranked lower than
83% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 5.40 vs. CS: -37 )
CS' s 10-Year EPS Growth (%) Range
Min: -37.2   Max: 97.9
Current: -37
-37.2
97.9
» CS's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CS Guru Trades in Q2 2012

Steven Cohen 13,326 sh (+490.17%)
Dodge & Cox 21,212,575 sh (+180.91%)
David Dreman 167,405 sh (+25.32%)
Brian Rogers 5,928,300 sh (unchged)
Ken Fisher Sold Out
John Buckingham 141,246 sh (-22.36%)
Jim Simons 830,000 sh (-28.8%)
» More
Q3 2012

CS Guru Trades in Q3 2012

Signature Select Canadian Fund 251,100 sh (New)
Steven Cohen 84,157 sh (+531.52%)
Jim Simons 1,060,500 sh (+27.77%)
David Dreman 179,940 sh (+7.49%)
Brian Rogers Sold Out
Dodge & Cox 20,999,217 sh (-1.01%)
John Buckingham 119,351 sh (-15.5%)
» More
Q4 2012

CS Guru Trades in Q4 2012

David Dreman 184,573 sh (+2.57%)
John Buckingham 117,068 sh (-1.91%)
Steven Cohen 66,269 sh (-21.26%)
Dodge & Cox 4,871,142 sh (-76.8%)
Jim Simons 234,100 sh (-77.93%)
» More
Q1 2013

CS Guru Trades in Q1 2013

John Buckingham 136,744 sh (+16.81%)
David Dreman 189,882 sh (+2.88%)
Jim Simons Sold Out
Steven Cohen Sold Out
Dodge & Cox 870,848 sh (-82.12%)
» More
» Details

Insider Trades

Latest Guru Trades with CS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Dodge & Cox 2013-03-31 Reduce -82.12%0.13%$24.56 - $30.26 $ 30.179%870848
Dodge & Cox 2012-12-31 Reduce -76.8%0.45%$21.82 - $25.33 $ 30.1729%4871142
Dodge & Cox 2012-06-30 Add 180.91%0.34%$17.17 - $28.4 $ 30.1738%21212575
David Dreman 2012-06-30 Add 25.32%0.01%$17.17 - $28.4 $ 30.1738%167405
David Dreman 2011-09-30 New Buy0.07%$22.86 - $39.24 $ 30.17-1%112494
Dodge & Cox 2011-09-30 Add 21.6%0.05%$22.86 - $39.24 $ 30.17-1%7334937
Dodge & Cox 2011-03-31 Add 29.7%0.06%$40.41 - $47.63 $ 30.17-32%5703337
Dodge & Cox 2010-12-31 Add 23.49%0.04%$37.03 - $45.08 $ 30.17-27%4397237
Dodge & Cox 2010-06-30 Add 20.12%0.03%$36.54 - $53.06 $ 30.17-30%3611487
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Credit Suisse Group

Bill Nygren's Oakmark Comments on Credit Suisse - Jul 10, 2012

From Oakmark's second-quarter letter:

Credit Suisse (CS) was one of the worst performers for the quarter due to a weaker investment banking environment and because of negative comments about Credit Suisse in the Swiss National Bank’s (SNB) recent annual Financial Stability report. The SNB indicated that, in order to meet the Basel 3 requirements, Credit Suisse should stop its dividend payments and/or issue equity to more rapidly increase the company’s loss-absorbing capital. We found these comments odd since the SNB is not Credit Suisse’s regulator. FINMA (Credit Suisse’s regulator) is satisfied with Credit Suisse’s financial health. Additionally, Credit Suisse has until 2019 to meet Basel 3 requirements, and the head of the SNB even stated that “Credit Suisse’s plan corresponds to our assessment, but we’d like to see acceleration.” We forecast that Credit Suisse will meet Basel 3 requirements well before 2019. We already know that the Basel 3 requirements for Swiss financial institutions are some of the most stringent in the world, another example of Swiss governmental agencies’ extreme conservatism. We take capital strength and solvency very seriously, as it helps protect downside risk when investing. With little exposure to sovereign debt, excellent liquidity and a strong balance sheet that is growing stronger, Credit Suisse’s financial strength satisfies our investment criteria.
Check out Bill Nygren latest stock trades

Top Ranked Articles about Credit Suisse Group

Bill Nygren's Oakmark Comments on Credit Suisse
July 10, 2012
From Oakmark's second-quarter letter: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 18.10
CS's P/E(ttm) is ranked lower than
76% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 13.43 vs. CS: 18.10 )
CS' s 10-Year P/E(ttm) Range
Min: 7.23   Max: 177.56
Current: 18.1
7.23
177.56
P/B 1.10
CS's P/B is ranked lower than
52% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.90 vs. CS: 1.10 )
CS' s 10-Year P/B Range
Min: 0.3   Max: 1.88
Current: 1.1
0.3
1.88
P/S 1.50
CS's P/S is ranked higher than
71% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 2.20 vs. CS: 1.50 )
CS' s 10-Year P/S Range
Min: 0.67   Max: 3.38
Current: 1.5
0.67
3.38
PFCF 2.40
CS's PFCF is ranked higher than
94% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 6.70 vs. CS: 2.40 )
CS' s 10-Year PFCF Range
Min: 0.21   Max: 12.21
Current: 2.4
0.21
12.21
EV-to-EBIT 52.6
CS's EV-to-EBIT is ranked lower than
90% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 16.90 vs. CS: 52.6 )
CS' s 10-Year EV-to-EBIT Range
Min: 12.3   Max: 109.4
Current: 52.6
12.3
109.4
Shiller P/E 18.6
CS's Shiller P/E is ranked higher than
93% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 14.60 vs. CS: 18.6 )
CS' s 10-Year Shiller P/E Range
Min: 5.13   Max: 18.99
Current: 18.6
5.13
18.99

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.60
CS's Dividend Yield is ranked lower than
92% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 2.20 vs. CS: 2.60 )
CS' s 10-Year Dividend Yield Range
Min: 2.62   Max: 3.56
Current: 2.6
2.62
3.56
Dividend Payout 0.3567
CS's Dividend Payout is ranked lower than
58% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.42 vs. CS: 0.3567 )
CS' s 10-Year Dividend Payout Range
Min: 0.3   Max: 0.3
Current: 0.36
Yield on cost (5-Year) 2.60
CS's Yield on cost (5-Year) is ranked lower than
83% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 1.92 vs. CS: 2.60 )
CS' s 10-Year Yield on cost (5-Year) Range
Min: 2.62   Max: 3.56
Current: 2.6
2.62
3.56
Share Buyback Rate -1.5
CS's Share Buyback Rate is ranked higher than
61% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: -1.75 vs. CS: -1.5 )
CS' s 10-Year Share Buyback Rate Range
Min: 6.4   Max: -7.3
Current: -1.5

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1.1
CS's Price/Net Current Asset Value is ranked higher than
93% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 11.70 vs. CS: 1.1 )
CS' s 10-Year Price/Net Current Asset Value Range
Min: 0.7   Max: 2
Current: 1.1
0.7
2
Price/Tangible Book 1.4
CS's Price/Tangible Book is ranked higher than
82% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 1.00 vs. CS: 1.4 )
CS' s 10-Year Price/Tangible Book Range
Min: 1   Max: 2.2
Current: 1.4
1
2.2
Price/DCF (Projected) 0.1
CS's Price/DCF (Projected) is ranked higher than
58% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.50 vs. CS: 0.1 )
CS' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 2.2
Current: 0.1
0.2
2.2
Price/Median PS Value 1.2
CS's Price/Median PS Value is ranked higher than
91% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.80 vs. CS: 1.2 )
CS' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 2.2
Current: 1.2
0.8
2.2
Price/Graham Number 1.2
CS's Price/Graham Number is ranked higher than
96% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 0.80 vs. CS: 1.2 )
CS' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 1
Current: 1.2
0.7
1
Earnings Yield (Greenblatt) 1.90
CS's Earnings Yield (Greenblatt) is ranked lower than
85% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 5.80 vs. CS: 1.90 )
CS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 8.1
Current: 1.9
0.9
8.1
Forward Rate of Return (Yacktman) 56.01
CS's Forward Rate of Return (Yacktman) is ranked higher than
96% of the 811 Companies
in the Global Banks - Global industry.

( Industry Median: 15.01 vs. CS: 56.01 )
CS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -43.4   Max: 82.2
Current: 56.01
-43.4
82.2

Business Description

Credit Suisse Group is a global financial services Company domiciled in Switzerland. The Group's business consists of three segments: Investment Banking, Private Banking and Asset Management. These changes reflect the increasingly complex needs and global orientation of Credit Suisse's clients, who require sophisticated, integrated solutions and access to a spectrum of products and services. They also reflect the changes in the way Credit Suisse operates as a bank as a result of globalization and new technologies, and the growing competitive pressure in the industry. Its banking businesses establish provisions for loan losses at a level deemed appropriate by management. Management's determination of the provision for loan losses is subject to judgment, and its banking businesses might need to increase its provisions for loan losses or may record losses in excess of the previously determined provisions, and this could have a material adverse effect on its results of operations. Credit Suisse's banking businesses meet most of its funding requirements using short-term funding sources, including mainly deposits, inter-bank loans, time deposits and cash bonds. Credit Suisse and its subsidiaries are subject to a number of material legal proceedings, regulatory actions and investigations, and an adverse result in one or more of these proceedings could have a material adverse effect on the Company's operating results for any particular period, depending, in part, upon its results for such period. Its private banking, investment banking and asset management businesses face competitive challenges from new trading technologies. Securities and futures transactions are now being conducted through the Internet and other alternative, non-traditional trading systems, and it appears that the trend toward alternative trading systems would continue and probably accelerate. A dramatic increase in computer-based or other electronic trading might adversely affect its trading revenues, exclude its businesses from certain transaction flows, reduces the Company's participation in the trading markets and the associated access to market information. The Company might also be required to make additional expenditures to develop or invest in new trading systems or otherwise to invest in technology to maintain its competitive position. It faces competition in all financial services markets and for the products and services.
Company Website
Industry: Banks - Global
Compare:HBC, JPM, C, TD, UBS
Traded in other countries:CSGN.Switzerland, 0KVC.UK, CSX1.Germany, CSX.Germany

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