Ubs Description

UBS

ANALYSIS for NYSE : UBS OCTOBER 29, 2013

INTERNATIONAL CLIENTS

$

20.88

$78.7 B MKT CAP

Trefis Estimate

$

19.86

Market Price

Fee as % of Wealth Management Assets for International Clients 4 UBS' International Assets Under Management 5 Swiss & International Wealth Management EBT Margin 6

EQUITIES TRADING

$74.8 B MKT CAP

See the Full Analysis for UBS on Trefis

— CORPORATE SNAPSHOT —

UBS' Equity Trading Yield 7 UBS' Equity Trading Assets 8 UBS' Investment Banking EBT Margin 9

RETAIL & CORPORATE BANKING

UBS is a financial services firm that offers a strong combination of wealth management, asset management and investment banking services on a global and regional basis. It delivers a full range of advisory and financial product related services to its private, corporate and institutional clients.

— VALUATION HIGHLIGHTS —

UBS' Retail and Corporate Loans Outstanding 11 UBS' Net Interest Yield 12 Retail & Corporate Banking EBT Margin 13

AMERICAS CLIENTS

1. Wealth Management (Swiss Clients, Americas Clients, International Clients) constitutes 40% of the Trefis price estimate for UBS's stock. 2. Equities Trading constitutes 20% of the Trefis price estimate for UBS's stock. 3. Retail & Corporate Banking constitutes 18% of the Trefis price estimate for UBS's stock.

Fee as % of Wealth Management Assets for Americas Clients 14 UBS' Assets Under Management Americas 15 Wealth Management Americas EBT Margin 16

EQUITY UNDERWRITING & DEBT ORIGINATION

UBS' Share of Global Equity Underwriting 18 UBS' Share of Global Debt Origination 19 Global Debt Origination Volume 20 UBS' Investment Banking EBT Margin 21

ASSET MANAGEMENT

See the Interactive Valuation Breakdown on Trefis Our share price estimate and the overall company value is derived by summing-up the values of individual divisions/businesses in a sum-of-theparts analysis. The value of each division is calculated using a discounted cash flow (DCF) methodology. We forecast...