<h3>关键洞察</h3>
<ul>
<li>使用两阶段自由现金流折现法，Sunrise Communications 的公允价值估计为 CHF55.70</li>
<li>根据当前股价 CHF40.00，Sunrise Communications 估计被低估 28%</li>
<li>SUNN 的分析师目标价 CHF47.32 比我们的公允价值估计低 15%</li>
</ul>
<p>在本文中，我们将通过预测 Sunrise Communications AG (VTX:SUNN) 的未来现金流并将其折现回今天的价值来估算其内在价值。我们将使用折现现金流（DCF）模型来实现这一点。尽管这看起来可能相当复杂，但实际上并没有那么复杂。</p>
<p>公司可以通过多种方式进行估值，因此我们要指出 DCF 并不适用于每种情况。任何对内在价值感兴趣的人都应该阅读 Simply Wall St 的分析模型。</p>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是 - 它们的市值都在 100 亿美元以下 - 现在仍然有机会提前投资。</p>
<h2>模型</h2>
<p>我们使用两阶段增长模型，这意味着我们考虑公司的两个增长阶段。在初始阶段，公司可能会有更高的增长率，而第二阶段通常假设为稳定增长率。在第一阶段，我们需要估算未来十年内公司的现金流。在可能的情况下，我们使用分析师的估计，但当这些不可用时，我们从上一个估计或报告值中推断出之前的自由现金流（FCF）。我们假设自由现金流减少的公司会减缓其缩减速度，而自由现金流增长的公司在此期间的增长率会放缓。我们这样做是为了反映出早期的增长往往比后期的增长放缓得更快。</p>
<p>一般来说，我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
<h4>10 年自由现金流（FCF）预测</h4>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流 (CHF, 百万)</strong></td>
<td>CHF372.7m</td>
<td>CHF374.1m</td>
<td>CHF358.2m</td>
<td>CHF281.5m</td>
<td>CHF281.5m</td>
<td>CHF260.3m</td>
<td>CHF247.0m</td>
<td>CHF238.6m</td>
<td>CHF233.2m</td>
<td>CHF229.8m</td>
</tr>
<tr>
<td><strong>增长率估计来源</strong></td>
<td>分析师 x5</td>
<td>分析师 x5</td>
<td>分析师 x3</td>
<td>分析师 x1</td>
<td>分析师 x1</td>
<td>估计 @ -7.51%</td>
<td>估计 @ -5.11%</td>
<td>估计 @ -3.43%</td>
<td>估计 @ -2.26%</td>
<td>估计 @ -1.43%</td>
</tr>
<tr>
<td><strong>现值 (CHF, 百万) 按 6.8% 折现</strong></td>
<td>CHF349</td>
<td>CHF328</td>
<td>CHF294</td>
<td>CHF217</td>
<td>CHF203</td>
<td>CHF176</td>
<td>CHF156</td>
<td>CHF141</td>
<td>CHF129</td>
<td>CHF119</td>
</tr>
</tbody>
</table>
<p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估计)</em></p>
<p><strong>10 年现金流现值 (PVCF)</strong> = CHF2.1b</p>
<p>第二阶段也称为终值，这是第一阶段之后的业务现金流。由于多种原因，使用的增长率非常保守，不能超过一个国家的 GDP 增长率。在这种情况下，我们使用了 10 年期国债收益率的 5 年平均值 (0.5%) 来估算未来增长。与 10 年的 “增长” 期一样，我们将未来现金流折现到今天的价值，使用的股本成本为 6.8%。</p>
<p><strong>终值 (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = CHF230m× (1 + 0.5%) ÷ (6.8%– 0.5%) = CHF3.7b</p>
<p><strong>终值现值 (PVTV)</strong> = TV / (1 + r) 10= CHF3.7b÷ ( 1 + 6.8%) 10= CHF1.9b</p>
<p>总价值是未来十年现金流的总和加上折现后的终值，结果是总股权价值，在这种情况下为 CHF4.0b。在最后一步中，我们将股权价值除以流通股数。与当前股价 CHF40.0 相比，该公司似乎略微被低估，折扣为 28%。任何计算中的假设对估值有很大影响，因此最好将其视为粗略估计，而不是精确到最后一分。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/282640984-dcf-1-dark-2/1768981682266?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1706" height="760" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/282640984-dcf-1-dark-2/1768981682266"/></p>
<p>SWX:SUNN 折现现金流 2026 年 1 月 21 日</p>
<h2>假设</h2>
<p>我们要指出，折现现金流中最重要的输入是折现率和实际现金流。您不必同意这些输入，我建议您自己重新计算并进行调整。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。鉴于我们将 Sunrise Communications 视为潜在股东，使用股本成本作为折现率，而不是考虑债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了 6.8%，这是基于 1.490 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并设定在 0.8 到 2.0 之间，这是一个适合稳定业务的合理范围。</p>
<p>查看我们对 Sunrise Communications 的最新分析</p>
<h3>Sunrise Communications 的 SWOT 分析</h3>
<p><strong>优势</strong></p>
<ul>
<li>债务由现金流良好覆盖。</li>
</ul>
<ul>
<li>股息在市场上属于前 25% 的派息者。</li>
</ul>
<p>SUNN 的股息信息。</p>
<p><strong>劣势</strong></p>
<ul>
<li>债务的利息支付覆盖不足。</li>
</ul>
<p>分析师对 SUNN 的预测是什么？</p>
<p><strong>机会</strong></p>
<ul>
<li>预计明年将减少亏损。</li>
</ul>
<ul>
<li>根据当前自由现金流，拥有超过 3 年的现金储备。</li>
</ul>
<ul>
<li>根据市销率和估计公允价值，具有良好的价值。</li>
</ul>
<p><strong>威胁</strong></p>
<ul>
<li>对 SUNN 没有明显的威胁。</li>
</ul>
<h2>下一步：</h2>
<p>虽然公司的估值很重要，但在研究一家公司时不应仅仅依赖这一指标。DCF 模型并不是一个完美的股票估值工具。最好是应用不同的情景和假设，看看它们如何影响公司的估值。例如，公司的股本成本或无风险利率的变化可能会显著影响估值。我们能否找出为什么该公司以低于内在价值的价格交易？对于 Sunrise Communications，有三个相关方面你应该探讨：</p>
<ol>
<li><strong>财务健康</strong>：SUNN 的资产负债表是否健康？查看我们免费的资产负债表分析，进行六项简单检查，关注杠杆和风险等关键因素。</li>
<li><strong>未来收益</strong>：SUNN 的增长率与同行和更广泛市场相比如何？通过与我们的免费分析师增长预期图表互动，深入挖掘未来几年的分析师共识数据。</li>
<li><strong>其他高质量替代品</strong>：你喜欢全能型股票吗？探索我们互动式的高质量股票列表，了解你可能错过的其他投资机会！</li>
</ol>
<p>PS. Simply Wall St 每天都会更新每只瑞士股票的 DCF 计算，因此如果你想找到其他股票的内在价值，只需在这里搜索。</p>

SNRE

SNREY

<p>Sunrise Communications AG (VTX:SUNN) 估计被低估 28%，其公允价值为 55.70 瑞士法郎，而当前股价为 40.00 瑞士法郎。使用两阶段折现现金流（DCF）模型，内在价值是基于未来现金流计算的。分析表明，总股权价值为 40 亿瑞士法郎，显示出潜在的投资机会。然而，DCF 模型的假设对估值有显著影响，建议重新评估输入以获得更准确的估计</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>关键洞察</h3>
</div><ul>
<li>Using the 2 Stage Free Cash Flow to Equity, Sunrise Communications fair value estimate is CHF55.70</li>
<li>Sunrise Communications is estimated to be 28% undervalued based on current share price of CHF40.00</li>
<li>The CHF47.32 analyst price target for SUNN is 15% less than our estimate of fair value</li>
</ul>
<div class="lb-trans"><ul>
<li>使用两阶段自由现金流折现法，Sunrise Communications 的公允价值估计为 CHF55.70</li>
<li>根据当前股价 CHF40.00，Sunrise Communications 估计被低估 28%</li>
<li>SUNN 的分析师目标价 CHF47.32 比我们的公允价值估计低 15%</li>
</ul>
</div><p>In this article we are going to estimate the intrinsic value of Sunrise Communications AG (VTX:SUNN) by taking the forecast future cash flows of the company and discounting them back to today's value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. There's really not all that much to it, even though it might appear quite complex.</p>
<div class="lb-trans"><p>在本文中，我们将通过预测 Sunrise Communications AG (VTX:SUNN) 的未来现金流并将其折现回今天的价值来估算其内在价值。我们将使用折现现金流（DCF）模型来实现这一点。尽管这看起来可能相当复杂，但实际上并没有那么复杂。</p>
</div><p>Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.</p>
<div class="lb-trans"><p>公司可以通过多种方式进行估值，因此我们要指出 DCF 并不适用于每种情况。任何对内在价值感兴趣的人都应该阅读 Simply Wall St 的分析模型。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是 - 它们的市值都在 100 亿美元以下 - 现在仍然有机会提前投资。</p>
</div><h2>The Model</h2>
<div class="lb-trans"><h2>模型</h2>
</div><p>We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p>
<div class="lb-trans"><p>我们使用两阶段增长模型，这意味着我们考虑公司的两个增长阶段。在初始阶段，公司可能会有更高的增长率，而第二阶段通常假设为稳定增长率。在第一阶段，我们需要估算未来十年内公司的现金流。在可能的情况下，我们使用分析师的估计，但当这些不可用时，我们从上一个估计或报告值中推断出之前的自由现金流（FCF）。我们假设自由现金流减少的公司会减缓其缩减速度，而自由现金流增长的公司在此期间的增长率会放缓。我们这样做是为了反映出早期的增长往往比后期的增长放缓得更快。</p>
</div><p>Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:</p>
<div class="lb-trans"><p>一般来说，我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
</div><h4>10-year free cash flow (FCF) forecast</h4>
<div class="lb-trans"><h4>10 年自由现金流（FCF）预测</h4>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>Levered FCF (CHF, Millions)</strong></td>
<td>CHF372.7m</td>
<td>CHF374.1m</td>
<td>CHF358.2m</td>
<td>CHF281.5m</td>
<td>CHF281.5m</td>
<td>CHF260.3m</td>
<td>CHF247.0m</td>
<td>CHF238.6m</td>
<td>CHF233.2m</td>
<td>CHF229.8m</td>
</tr>
<tr>
<td><strong>Growth Rate Estimate Source</strong></td>
<td>Analyst x5</td>
<td>Analyst x5</td>
<td>Analyst x3</td>
<td>Analyst x1</td>
<td>Analyst x1</td>
<td>Est @ -7.51%</td>
<td>Est @ -5.11%</td>
<td>Est @ -3.43%</td>
<td>Est @ -2.26%</td>
<td>Est @ -1.43%</td>
</tr>
<tr>
<td><strong>Present Value (CHF, Millions) Discounted @ 6.8%</strong></td>
<td>CHF349</td>
<td>CHF328</td>
<td>CHF294</td>
<td>CHF217</td>
<td>CHF203</td>
<td>CHF176</td>
<td>CHF156</td>
<td>CHF141</td>
<td>CHF129</td>
<td>CHF119</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流 (CHF, 百万)</strong></td>
<td>CHF372.7m</td>
<td>CHF374.1m</td>
<td>CHF358.2m</td>
<td>CHF281.5m</td>
<td>CHF281.5m</td>
<td>CHF260.3m</td>
<td>CHF247.0m</td>
<td>CHF238.6m</td>
<td>CHF233.2m</td>
<td>CHF229.8m</td>
</tr>
<tr>
<td><strong>增长率估计来源</strong></td>
<td>分析师 x5</td>
<td>分析师 x5</td>
<td>分析师 x3</td>
<td>分析师 x1</td>
<td>分析师 x1</td>
<td>估计 @ -7.51%</td>
<td>估计 @ -5.11%</td>
<td>估计 @ -3.43%</td>
<td>估计 @ -2.26%</td>
<td>估计 @ -1.43%</td>
</tr>
<tr>
<td><strong>现值 (CHF, 百万) 按 6.8% 折现</strong></td>
<td>CHF349</td>
<td>CHF328</td>
<td>CHF294</td>
<td>CHF217</td>
<td>CHF203</td>
<td>CHF176</td>
<td>CHF156</td>
<td>CHF141</td>
<td>CHF129</td>
<td>CHF119</td>
</tr>
</tbody>
</table>
</div><p><em>(&#34;Est&#34; = FCF growth rate estimated by Simply Wall St)</em></p>
<div class="lb-trans"><p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估计)</em></p>
</div><p><strong>Present Value of 10-year Cash Flow (PVCF)</strong> = CHF2.1b</p>
<div class="lb-trans"><p><strong>10 年现金流现值 (PVCF)</strong> = CHF2.1b</p>
</div><p>The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (0.5%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 6.8%.</p>
<div class="lb-trans"><p>第二阶段也称为终值，这是第一阶段之后的业务现金流。由于多种原因，使用的增长率非常保守，不能超过一个国家的 GDP 增长率。在这种情况下，我们使用了 10 年期国债收益率的 5 年平均值 (0.5%) 来估算未来增长。与 10 年的 “增长” 期一样，我们将未来现金流折现到今天的价值，使用的股本成本为 6.8%。</p>
</div><p><strong>Terminal Value (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = CHF230m× (1 + 0.5%) ÷ (6.8%– 0.5%) = CHF3.7b</p>
<div class="lb-trans"><p><strong>终值 (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = CHF230m× (1 + 0.5%) ÷ (6.8%– 0.5%) = CHF3.7b</p>
</div><p><strong>Present Value of Terminal Value (PVTV)</strong> = TV / (1 + r) 10= CHF3.7b÷ ( 1 + 6.8%) 10= CHF1.9b</p>
<div class="lb-trans"><p><strong>终值现值 (PVTV)</strong> = TV / (1 + r) 10= CHF3.7b÷ ( 1 + 6.8%) 10= CHF1.9b</p>
</div><p>The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is CHF4.0b. In the final step we divide the equity value by the number of shares outstanding. Compared to the current share price of CHF40.0, the company appears a touch undervalued at a 28% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent.</p>
<div class="lb-trans"><p>总价值是未来十年现金流的总和加上折现后的终值，结果是总股权价值，在这种情况下为 CHF4.0b。在最后一步中，我们将股权价值除以流通股数。与当前股价 CHF40.0 相比，该公司似乎略微被低估，折扣为 28%。任何计算中的假设对估值有很大影响，因此最好将其视为粗略估计，而不是精确到最后一分。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/282640984-dcf-1-dark-2/1768981682266" alt="" original-src="https://images.simplywall.st/asset/chart/282640984-dcf-1-dark-2/1768981682266"/></p>
<p>SWX:SUNN Discounted Cash Flow January 21st 2026</p>
<div class="lb-trans"><p>SWX:SUNN 折现现金流 2026 年 1 月 21 日</p>
</div><h2>The Assumptions</h2>
<div class="lb-trans"><h2>假设</h2>
</div><p>We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Sunrise Communications as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 6.8%, which is based on a levered beta of 1.490. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p>
<div class="lb-trans"><p>我们要指出，折现现金流中最重要的输入是折现率和实际现金流。您不必同意这些输入，我建议您自己重新计算并进行调整。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。鉴于我们将 Sunrise Communications 视为潜在股东，使用股本成本作为折现率，而不是考虑债务的资本成本（或加权平均资本成本，WACC）。在此计算中，我们使用了 6.8%，这是基于 1.490 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并设定在 0.8 到 2.0 之间，这是一个适合稳定业务的合理范围。</p>
</div><p>View our latest analysis for Sunrise Communications</p>
<div class="lb-trans"><p>查看我们对 Sunrise Communications 的最新分析</p>
</div><h3>SWOT Analysis for Sunrise Communications</h3>
<div class="lb-trans"><h3>Sunrise Communications 的 SWOT 分析</h3>
</div><p><strong>Strength</strong></p>
<div class="lb-trans"><p><strong>优势</strong></p>
</div><ul>
<li>Debt is well covered by cash flow.</li>
</ul>
<div class="lb-trans"><ul>
<li>债务由现金流良好覆盖。</li>
</ul>
</div><ul>
<li>Dividend is in the top 25% of dividend payers in the market.</li>
</ul>
<div class="lb-trans"><ul>
<li>股息在市场上属于前 25% 的派息者。</li>
</ul>
</div><p>Dividend information for SUNN.</p>
<div class="lb-trans"><p>SUNN 的股息信息。</p>
</div><p><strong>Weakness</strong></p>
<div class="lb-trans"><p><strong>劣势</strong></p>
</div><ul>
<li>Interest payments on debt are not well covered.</li>
</ul>
<div class="lb-trans"><ul>
<li>债务的利息支付覆盖不足。</li>
</ul>
</div><p>What are analysts forecasting for SUNN?</p>
<div class="lb-trans"><p>分析师对 SUNN 的预测是什么？</p>
</div><p><strong>Opportunity</strong></p>
<div class="lb-trans"><p><strong>机会</strong></p>
</div><ul>
<li>Forecast to reduce losses next year.</li>
</ul>
<div class="lb-trans"><ul>
<li>预计明年将减少亏损。</li>
</ul>
</div><ul>
<li>Has sufficient cash runway for more than 3 years based on current free cash flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据当前自由现金流，拥有超过 3 年的现金储备。</li>
</ul>
</div><ul>
<li>Good value based on P/S ratio and estimated fair value.</li>
</ul>
<div class="lb-trans"><ul>
<li>根据市销率和估计公允价值，具有良好的价值。</li>
</ul>
</div><p><strong>Threat</strong></p>
<div class="lb-trans"><p><strong>威胁</strong></p>
</div><ul>
<li>No apparent threats visible for SUNN.</li>
</ul>
<div class="lb-trans"><ul>
<li>对 SUNN 没有明显的威胁。</li>
</ul>
</div><h2>Next Steps:</h2>
<div class="lb-trans"><h2>下一步：</h2>
</div><p>Although the valuation of a company is important, it shouldn't be the only metric you look at when researching a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For example, changes in the company's cost of equity or the risk free rate can significantly impact the valuation. Can we work out why the company is trading at a discount to intrinsic value? For Sunrise Communications, there are three pertinent aspects you should explore:</p>
<div class="lb-trans"><p>虽然公司的估值很重要，但在研究一家公司时不应仅仅依赖这一指标。DCF 模型并不是一个完美的股票估值工具。最好是应用不同的情景和假设，看看它们如何影响公司的估值。例如，公司的股本成本或无风险利率的变化可能会显著影响估值。我们能否找出为什么该公司以低于内在价值的价格交易？对于 Sunrise Communications，有三个相关方面你应该探讨：</p>
</div><ol>
<li><strong>Financial Health</strong>: Does SUNN have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.</li>
<li><strong>Future Earnings</strong>: How does SUNN's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.</li>
<li><strong>Other High Quality Alternatives</strong>: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!</li>
</ol>
<div class="lb-trans"><ol>
<li><strong>财务健康</strong>：SUNN 的资产负债表是否健康？查看我们免费的资产负债表分析，进行六项简单检查，关注杠杆和风险等关键因素。</li>
<li><strong>未来收益</strong>：SUNN 的增长率与同行和更广泛市场相比如何？通过与我们的免费分析师增长预期图表互动，深入挖掘未来几年的分析师共识数据。</li>
<li><strong>其他高质量替代品</strong>：你喜欢全能型股票吗？探索我们互动式的高质量股票列表，了解你可能错过的其他投资机会！</li>
</ol>
</div><p>PS. Simply Wall St updates its DCF calculation for every Swiss stock every day, so if you want to find the intrinsic value of any other stock just search here.</p>
<div class="lb-trans"><p>PS. Simply Wall St 每天都会更新每只瑞士股票的 DCF 计算，因此如果你想找到其他股票的内在价值，只需在这里搜索。</p>
</div>

Sunrise Communications AG（VTX:SUNN）是否存在 28% 的低估值机会？