VZ Holding AG (CHIX:VZNZ) Total Operating Expense: CHF135.2 Mil (TTM As of Dec. 2025)

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CHIX:VZNZ VZ Holding AG CHIX:VZNZ
90 GF Score
Price CHF164.00
GF Value CHF146.89
Valuation Modestly Overvalued
! 5 Warning Signs
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What is VZ Holding AG Total Operating Expense?

VZ Holding AG CHIX:VZNZ -0.36% 90 Total Operating Expense is CHF135.2 Mil as of Dec. 2025. GuruFocus rates CHIX:VZNZ with a GF Score™ of 90/100 and a GF Value™ of CHF146.89 (Modestly Overvalued). The stock has 5 warning signs investors should review.

VZ Holding AG's Total Operating Expense for the six months ended in Dec. 2025 was CHF91.6 Mil. VZ Holding AG's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was CHF135.2 Mil.

VZ Holding AG Total Operating Expense Related Terms

VZ Holding AG Total Operating Expense Historical Data

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The historical data trend for VZ Holding AG's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VZ Holding AG Total Operating Expense Chart

VZ Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.67 105.37 108.34 113.32 135.24

VZ Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.76 38.98 74.35 43.62 91.63
CHIX:VZNZ
90GF Score
VZ Holding AG CHIX:VZNZ
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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VZ Holding AG Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF135.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of CHF135.2 Mil mean?
VZ Holding AG (CHIX:VZNZ) has a Total Operating Expense of CHF135.2 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on VZ Holding AG and its competitors.
Is VZ Holding AG's Total Operating Expense too high?
VZ Holding AG's current Total Operating Expense is CHF135.2 Mil. Overall, VZ Holding AG has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VZ Holding AG's Total Operating Expense compare to BLK and BX?
VZ Holding AG's Total Operating Expense of CHF135.2 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Asset Management company?
A good Total Operating Expense depends on the Asset Management industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on VZ Holding AG and its competitors. VZ Holding AG's current Total Operating Expense is CHF135.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VZ Holding AG stock overvalued right now?
Based on GuruFocus' analysis, VZ Holding AG (CHIX:VZNZ) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF146.89, compared to a current price of CHF164.00 — trading 11.6% above its estimated fair value. The current Total Operating Expense is CHF135.2 Mil. VZ Holding AG's overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For VZ Holding AG (CHIX:VZNZ), the current Total Operating Expense is CHF135.2 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VZ Holding AG (CHIX:VZNZ) Overvalued in 2026?

Based on GuruFocus' analysis, VZ Holding AG stock appears to be overvalued. The current stock price of CHF164.00 is trading 11.6% above its estimated GF Value™ of CHF146.89. GuruFocus considers VZ Holding AG to be Modestly Overvalued.

Key valuation signals for CHIX:VZNZ:

  • Total Operating Expense: CHF135.2 Mil
  • GF Value™: CHF146.89 vs. price of CHF164.00 (11.6% above fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the CHIX:VZNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VZ Holding AG Business Description

Address Gotthardstrasse 6, Zurich, CHE, 8002
VZ Holding AG offers financial advisory services for individuals and companies in many areas. It provides Independent, transparent advice, a Consultation process, and wide-ranging advice such as retirement, real estate, mortgages, shareholdings, and insurance advice. It generates the majority of its revenue from management fees on assets under management.
90GF Score

Get the complete analysis for CHIX:VZNZ

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF164.00
Price
CHF146.89
GF Value