Mobimo Holding AG
MOBN
ISIN CH0011108872 / Valor 1110887
Mobimo Holding AG
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About company
Mobimo Holding AG is a Swiss real estate company that focuses on the acquisition, development, maintenance, and sale of high-value properties. The company's business model is built on a strategy of qualitative growth, leveraging a balanced portfolio mix of commercial, industrial, and residential properties to ensure steady returns and capital gains. Mobimo caters to a diverse clientele, including private individuals, institutional investors, and companies across various sectors, emphasizing professionalism and respect in all its dealings. Its investment strategy prioritizes promising locations within Switzerland, particularly in economic hubs such as Zurich, Lausanne/Geneva, Basel, Lucerne/Zug, Aarau, and St. Gallen. The company also engages in real estate development, including the construction of new investment properties for its own portfolio, site development, and the sale of condominiums, while offering planning and implementation services for third-party investors. Mobimo's financial strategy is marked by solid financing, aiming for equity to represent at least 40% of total assets, supporting its growth and ensuring attractive returns for shareholders.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (02.12.2025):
Mobimo Holding AG — reporting on the first half of 2025 (HY 2025, covering Q1–Q2 2025). The company delivered a strong half-year: profit of CHF 109.7 million (up 67.3% vs HY 2024) and earnings per share CHF 15.13 (up 67.4%). Results were driven by large valuation gains and a marked increase in income from development/trading activities, while net rental income remained stable year‑on‑year.
Financial headline
Profit: CHF 109.7m (+67.3%); EBIT: CHF 144.5m (+73.6%). Excluding revaluation, EBIT was CHF 73.0m (+19.0%) and profit excluding revaluation CHF 51.5m (+7.6%). EPS: CHF 15.13 (HY 2024: CHF 9.04); EPS excl. revaluation: CHF 7.10 (HY 2024: CHF 6.59).
Operating performance
Net rental income stood at CHF 62.5m (flat vs HY 2024). EPRA like‑for‑like rental growth was 2.0%. Vacancy rate was 3.9% at 30.6.2025. Management notes recent reference‑rate moves will slightly weigh on rental income from H2 2025.
Development & trading
Net income from development projects and sale of trading properties: CHF 24.6m (+90.5%). Several projects showed good commercial progress (e.g., Edenblick, Beaumont, Burgmatt, Feuerfalter); Mobimo continues to monetise condominium and trading activity as an earnings driver.
Valuation effects
Net income from revaluation: CHF 71.6m (HY 2024: CHF 22.0m). Residential valuations were the main contributor; commercial properties accounted for about a quarter of the valuation uplift. Management attributes gains to tightened discount rates and market moves.
Balance sheet & financing
Total assets: CHF 4,128.5m (+4.1% vs 31.12.2024). Equity: CHF 1,958.0m (equity ratio 47.4%). Interest‑bearing liabilities: CHF 1,773.5m (up 5.9%); average interest rate ~1.33%; EPRA LTV 43.2%; net gearing 89.1%. Liquidity and financing metrics remain solid.
Portfolio & NAV metrics
Overall portfolio value CHF 3,919.4m (+3.2%). EPRA NTA per share CHF 297.39 (+5.7%); diluted NAV per share CHF 269.88 (+5.2%). Gross yield from investment properties 4.4%; EPRA net initial yield 3.5%.
Shareholder returns & market
Dividend for the 2024 financial year set at CHF 10.25 per share (versus CHF 10.00 prior). Share price at 30.6.2025: CHF 324.50 (up 27.5% year‑on‑year). Management reaffirmed confidence in meeting or exceeding 2025 targets.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3297 M
Market cap (USD)
39,736
Daily traded volume (Shares)
292 / 287
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
Dominik Myooran Ponniah
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