{"id":1759,"date":"2025-12-16T11:00:00","date_gmt":"2025-12-16T10:00:00","guid":{"rendered":"https:\/\/mueckinvest-qtjx8ksl18.live-website.com\/?page_id=1759"},"modified":"2026-07-06T07:00:00","modified_gmt":"2026-07-06T05:00:00","slug":"rischio-dellemittente-con-i-certificati-wikifolio","status":"publish","type":"page","link":"https:\/\/mueckinvest.com\/it\/emittentenrisiko-bei-wikifolio-zertifikaten\/","title":{"rendered":"Rischio dell&#039;emittente con i certificati Wikifolio"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Dal punto di vista legale, i certificati Wikifolio sono titoli di debito emessi da... <strong>Azienda Lang &amp; Schwarz (L&amp;S)<\/strong>. Acquistando un certificato, gli investitori diventano creditori dell&#039;emittente. Questo generalmente crea un <em>Rischio dell&#039;emittente<\/em>, ovvero il rischio di insolvenza dell&#039;emittente.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Per mitigare questo rischio, L&amp;S ha un <strong>soluzione di garanzia concordata contrattualmente<\/strong> Introdotto. Tutti i titoli e i conti in contanti detenuti per adempiere agli obblighi derivanti dai certificati Wikifolio in circolazione sono dati in garanzia. Un fiduciario indipendente monitora regolarmente le garanzie. Ci\u00f2 protegge gli investitori dal rischio dell&#039;emittente. <strong><a href=\"https:\/\/help.wikifolio.com\/article\/86-wie-sicher-sind-investitionen-in-wikifolio-zertifikate\" title=\"\">ampiamente protetto<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Un&#039;analisi dettagliata del rischio dell&#039;emittente, che include il funzionamento delle garanzie, i possibili scenari e le dimensioni del rischio, \u00e8 disponibile nell&#039;approfondimento completo. \ud83d\udc49 <strong><a href=\"https:\/\/mueckinvest.com\/it\/%f0%9f%93%89-emittentenrisiko-bei-wikifolio-zertifikaten\/\" title=\"\ud83d\udcc9 Rischio dell&#039;emittente con i certificati Wikifolio\">Analisi approfondita: rischio dell&#039;emittente<\/a><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Commercio e trasparenza<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>I certificati Wikifolio vengono rilasciati esclusivamente su <strong>Borsa di Stoccarda (EUWAX)<\/strong> scambiati.<\/li>\n\n\n\n<li>N\u00e9 wikifolio.com n\u00e9 i trader ricevono fondi dagli investitori; l&#039;emittente \u00e8 esclusivamente L&amp;S.<\/li>\n\n\n\n<li>La soluzione di garanzia \u00e8 gratuita per gli investitori e aumenta la sicurezza dell&#039;investimento.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Valutazioni trimestrali<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Oltre ai regolamenti ufficiali L&amp;S e <a href=\"http:\/\/wikifolio.com\" title=\"\">wikifolio.com<\/a> Pubblicher\u00f2 <strong>valutazioni personali trimestrali<\/strong> Riguardo all&#039;attuale situazione di rischio, queste analisi forniscono ulteriori indicazioni e sono riportate in appendice. Non sostituiscono le informazioni ufficiali di L&amp;S o di wikifolio.com, ma le integrano con una prospettiva indipendente.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n    <style>\n        .emittenrisiko-year-select {\n            margin-bottom: 15px;\n        }\n        .emittenrisiko-year-select select {\n            padding: 6px 10px;\n            font-size: 16px;\n            border-radius: 6px;\n            border: 1px solid #ccc;\n        }\n        @media (prefers-color-scheme: dark) {\n            .emittenrisiko-year-select select {\n                background: #222;\n                color: #fff;\n                border-color: #555;\n            }\n        }\n        .emittenrisiko-all-list {\n            list-style: none;\n            padding-left: 0;\n            margin: 0;\n        }\n        .emittenrisiko-all-list li {\n            margin-bottom: 6px;\n        }\n    <\/style>\n    <div class=\"emittenrisiko-year-select\"><select id=\"emittenrisiko-year\"><option value=\"2026\" selected>2026<\/option><\/select><\/div><ul class=\"emittenrisiko-all-list\" id=\"emittenrisiko-list\"><li data-year=\"2026\">\n                        <a href=\"https:\/\/mueckinvest.com\/it\/emittentenrisiko-juli-2026\/\">Emittentenrisiko: Juli 2026<\/a>\n                    <\/li><li data-year=\"2026\">\n                        <a href=\"https:\/\/mueckinvest.com\/it\/emittentenrisiko-april-2026\/\">Rischio dell&#039;emittente: aprile 2026<\/a>\n                    <\/li><li data-year=\"2026\">\n                        <a href=\"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/\">Rischio dell&#039;emittente: gennaio 2026<\/a>\n                    <\/li><\/ul>\n    <script>\n    document.addEventListener(\"DOMContentLoaded\", function() {\n        const select = document.getElementById(\"emittenrisiko-year\");\n        const items = document.querySelectorAll(\"#emittenrisiko-list li\");\n\n        function filter() {\n            const year = select.value;\n            items.forEach(item => {\n                item.style.display = (item.dataset.year === year) ? \"\" : \"none\";\n            });\n        }\n\n        select.addEventListener(\"change\", filter);\n\n        \/\/ Initial filtern\n        filter();\n    });\n    <\/script>","protected":false},"excerpt":{"rendered":"<p>Wikifolio-Zertifikate sind rechtlich gesehen Schuldverschreibungen der Lang &amp; Schwarz Aktiengesellschaft (L&amp;S). Mit dem Erwerb eines Zertifikats werden Anleger Gl\u00e4ubiger der Emittentin. Damit besteht grunds\u00e4tzlich ein Emittentenrisiko, also das Risiko der Zahlungsunf\u00e4higkeit des Emittenten. Zur Absicherung dieses Risikos hat L&amp;S eine vertraglich vereinbarte Besicherungsl\u00f6sung eingef\u00fchrt. S\u00e4mtliche Wertpapiere und Geldkonten, die zur Erf\u00fcllung der Verpflichtungen aus ausstehenden [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1759","page","type-page","status-publish","hentry","pmpro-has-access"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. Gewinn- und Aussch\u00fcttungspolitik F\u00fcr 2025 plant Lang &amp;\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"google-site-verification\" content=\"ksYgMKW7vv1ZikoPFw6tpXcS3jOzmNPHyBO_6hg6uIQ\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"it_IT\" \/>\n\t\t<meta property=\"og:site_name\" content=\"mueckinvest - Finanzwissen \/ Wikifolios\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Emittentenrisiko: Januar 2026 - mueckinvest\" \/>\n\t\t<meta property=\"og:description\" content=\"Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. Gewinn- und Aussch\u00fcttungspolitik F\u00fcr 2025 plant Lang &amp;\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-01-01T18:00:33+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-04-01T04:00:00+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Emittentenrisiko: Januar 2026 - mueckinvest\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. Gewinn- und Aussch\u00fcttungspolitik F\u00fcr 2025 plant Lang &amp;\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#blogposting\",\"name\":\"Emittentenrisiko: Januar 2026 - mueckinvest\",\"headline\":\"Emittentenrisiko: Januar 2026\",\"author\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/author\\\/admin\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/mueckinvest-Logo-Signatur.jpeg\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#articleImage\"},\"datePublished\":\"2026-01-01T19:00:33+01:00\",\"dateModified\":\"2026-04-01T06:00:00+02:00\",\"inLanguage\":\"it-IT\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#webpage\"},\"articleSection\":\"Emittentenrisiko, Dividenden, Konjunktur, Volatilit\\u00e4t\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/mueckinvest.com\\\/it\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/emittentenrisiko-bei-wikifolio-zertifikaten\\\/#listItem\",\"name\":\"Emittentenrisiko bei Wikifolio-Zertifikaten\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/emittentenrisiko-bei-wikifolio-zertifikaten\\\/#listItem\",\"position\":2,\"name\":\"Emittentenrisiko bei Wikifolio-Zertifikaten\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it#listItem\",\"name\":\"Home\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#organization\",\"name\":\"mueckinvest Mueckinvest\",\"description\":\"Finanzwissen \\\/ Wikifolios\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/\",\"email\":\"steffen.mueck@mueckinvest.de\",\"foundingDate\":\"09/01/2025\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"value\":1},\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/mueckinvest-Logo-Signatur.jpeg\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#organizationLogo\"},\"image\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#organizationLogo\"},\"sameAs\":[\"https:\\\/\\\/instagram.com\\\/mueckinvest\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/author\\\/admin\\\/#author\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/author\\\/admin\\\/\",\"name\":\"Steffen\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#authorImage\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/bea53c016da0ee031eadf3c1007b981c9a4fe987793c5e41315646a79ed440d1?s=96&d=mm&r=g\",\"width\":96,\"height\":96,\"caption\":\"Steffen\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#webpage\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/\",\"name\":\"Emittentenrisiko: Januar 2026 - mueckinvest\",\"description\":\"Fundamentalanalyse Lang & Schwarz 1. 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Gewinn- und Aussch\\u00fcttungspolitik F\\u00fcr 2025 plant Lang &\",\"inLanguage\":\"it-IT\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/jan-26-einschaetzung-des-emittenrisikos\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/author\\\/admin\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/author\\\/admin\\\/#author\"},\"datePublished\":\"2026-01-01T19:00:33+01:00\",\"dateModified\":\"2026-04-01T06:00:00+02:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#website\",\"url\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/\",\"name\":\"mueckinvest mueckinvest.de\",\"alternateName\":\"mueckinvest.com\",\"description\":\"Finanzwissen \\\/ Wikifolios\",\"inLanguage\":\"it-IT\",\"publisher\":{\"@id\":\"https:\\\/\\\/mueckinvest.com\\\/it\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Rischio dell&#039;emittente: gennaio 2026 - mueckinvest","description":"Analisi fondamentale Lang &amp; Schwarz 1. Dati finanziari chiave Capitalizzazione di mercato: circa 213-218 milioni di euro Rapporto P\/E (2025): circa 8,2 \u2013 significativa sottovalutazione rispetto al settore Rendimento da dividendi: tra il 2,9% e il 9,1% a seconda del calcolo e dell&#039;anno di distribuzione Rapporto di capitale proprio: solido, con ulteriori 17,3 milioni di euro allocati al fondo per i rischi bancari generali 2. Politica di profitto e distribuzione Per il 2025, Lang &amp;","canonical_url":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"google-site-verification":"ksYgMKW7vv1ZikoPFw6tpXcS3jOzmNPHyBO_6hg6uIQ","miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#blogposting","name":"Emittentenrisiko: Januar 2026 - mueckinvest","headline":"Emittentenrisiko: Januar 2026","author":{"@id":"https:\/\/mueckinvest.com\/it\/author\/admin\/#author"},"publisher":{"@id":"https:\/\/mueckinvest.com\/it\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg","@id":"https:\/\/mueckinvest.com\/it\/#articleImage"},"datePublished":"2026-01-01T19:00:33+01:00","dateModified":"2026-04-01T06:00:00+02:00","inLanguage":"it-IT","mainEntityOfPage":{"@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#webpage"},"isPartOf":{"@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#webpage"},"articleSection":"Emittentenrisiko, Dividenden, Konjunktur, Volatilit\u00e4t"},{"@type":"BreadcrumbList","@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/mueckinvest.com\/it#listItem","position":1,"name":"Home","item":"https:\/\/mueckinvest.com\/it","nextItem":{"@type":"ListItem","@id":"https:\/\/mueckinvest.com\/it\/emittentenrisiko-bei-wikifolio-zertifikaten\/#listItem","name":"Emittentenrisiko bei Wikifolio-Zertifikaten"}},{"@type":"ListItem","@id":"https:\/\/mueckinvest.com\/it\/emittentenrisiko-bei-wikifolio-zertifikaten\/#listItem","position":2,"name":"Emittentenrisiko bei Wikifolio-Zertifikaten","previousItem":{"@type":"ListItem","@id":"https:\/\/mueckinvest.com\/it#listItem","name":"Home"}}]},{"@type":"Organization","@id":"https:\/\/mueckinvest.com\/it\/#organization","name":"mueckinvest Mueckinvest","description":"Finanzwissen \/ Wikifolios","url":"https:\/\/mueckinvest.com\/it\/","email":"steffen.mueck@mueckinvest.de","foundingDate":"09/01/2025","numberOfEmployees":{"@type":"QuantitativeValue","value":1},"logo":{"@type":"ImageObject","url":"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg","@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#organizationLogo"},"image":{"@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#organizationLogo"},"sameAs":["https:\/\/instagram.com\/mueckinvest"]},{"@type":"Person","@id":"https:\/\/mueckinvest.com\/it\/author\/admin\/#author","url":"https:\/\/mueckinvest.com\/it\/author\/admin\/","name":"Steffen","image":{"@type":"ImageObject","@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#authorImage","url":"https:\/\/secure.gravatar.com\/avatar\/bea53c016da0ee031eadf3c1007b981c9a4fe987793c5e41315646a79ed440d1?s=96&d=mm&r=g","width":96,"height":96,"caption":"Steffen"}},{"@type":"WebPage","@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#webpage","url":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/","name":"Emittentenrisiko: Januar 2026 - mueckinvest","description":"Fundamentalanalyse Lang & Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. Gewinn- und Aussch\u00fcttungspolitik F\u00fcr 2025 plant Lang &","inLanguage":"it-IT","isPartOf":{"@id":"https:\/\/mueckinvest.com\/it\/#website"},"breadcrumb":{"@id":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/#breadcrumblist"},"author":{"@id":"https:\/\/mueckinvest.com\/it\/author\/admin\/#author"},"creator":{"@id":"https:\/\/mueckinvest.com\/it\/author\/admin\/#author"},"datePublished":"2026-01-01T19:00:33+01:00","dateModified":"2026-04-01T06:00:00+02:00"},{"@type":"WebSite","@id":"https:\/\/mueckinvest.com\/it\/#website","url":"https:\/\/mueckinvest.com\/it\/","name":"mueckinvest mueckinvest.de","alternateName":"mueckinvest.com","description":"Finanzwissen \/ Wikifolios","inLanguage":"it-IT","publisher":{"@id":"https:\/\/mueckinvest.com\/it\/#organization"}}]},"og:locale":"it_IT","og:site_name":"mueckinvest - Finanzwissen \/ Wikifolios","og:type":"article","og:title":"Emittentenrisiko: Januar 2026 - mueckinvest","og:description":"Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. Gewinn- und Aussch\u00fcttungspolitik F\u00fcr 2025 plant Lang &amp;","og:url":"https:\/\/mueckinvest.com\/it\/jan-26-einschaetzung-des-emittenrisikos\/","og:image":"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg","og:image:secure_url":"https:\/\/mueckinvest.com\/wp-content\/uploads\/2025\/09\/mueckinvest-Logo-Signatur.jpeg","article:published_time":"2026-01-01T18:00:33+00:00","article:modified_time":"2026-04-01T04:00:00+00:00","twitter:card":"summary_large_image","twitter:title":"Emittentenrisiko: Januar 2026 - mueckinvest","twitter:description":"Fundamentalanalyse Lang &amp; Schwarz 1. Finanzkennzahlen Marktkapitalisierung: ca. 213\u2013218 Mio. EUR KGV (2025): rund 8,2 \u2013 deutliche Unterbewertung im Branchenvergleich Dividendenrendite: zwischen 2,9 % und 9,1 % je nach Berechnung und Aussch\u00fcttungsjahr Eigenkapitalquote: solide, zus\u00e4tzlich wurden 17,3 Mio. EUR in den Fonds f\u00fcr allgemeine Bankrisiken eingestellt 2. 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