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Swiss (SMI) Market Analysis & Valuation

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies207
  • 7D1.5%
  • 3M9.1%
  • 1Y-0.6%
  • YTD4.1%

Over the last 7 days, the market has risen 1.5%, driven by gains of 2.5% in the Healthcare sector. As for last year, the market performance has been flat. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesBiotech

Market Valuation and Performance

Has the Swiss Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 11 Jul 2025CHF 1.8tCHF 784.5bCHF 106.7b20.4x17.2x2.3x
Sun, 08 Jun 2025CHF 1.8tCHF 785.0bCHF 106.4b20.3x17.4x2.4x
Tue, 06 May 2025CHF 1.8tCHF 835.7bCHF 158.1b19.7x11.5x2.2x
Thu, 03 Apr 2025CHF 1.8tCHF 850.5bCHF 159.0b19.5x11.6x2.2x
Sat, 01 Mar 2025CHF 1.9tCHF 812.0bCHF 117.6b21x16.2x2.4x
Mon, 27 Jan 2025CHF 1.8tCHF 818.2bCHF 117.8b21.4x15.6x2.2x
Wed, 25 Dec 2024CHF 1.7tCHF 815.2bCHF 117.5b20.7x14.6x2.1x
Fri, 22 Nov 2024CHF 1.7tCHF 810.8bCHF 117.1b19.7x14.8x2.1x
Sun, 20 Oct 2024CHF 1.8tCHF 806.2bCHF 114.4b21.3x16.1x2.3x
Tue, 17 Sep 2024CHF 1.8tCHF 801.5bCHF 113.8b20.6x15.8x2.2x
Thu, 15 Aug 2024CHF 1.8tCHF 803.3bCHF 136.5b21.4x13.3x2.3x
Sat, 13 Jul 2024CHF 1.9tCHF 801.1bCHF 125.5b21.8x14.7x2.3x
Mon, 10 Jun 2024CHF 1.8tCHF 801.4bCHF 125.7b22x14.6x2.3x
Wed, 08 May 2024CHF 1.7tCHF 802.5bCHF 126.0b21.3x13.8x2.2x
Fri, 05 Apr 2024CHF 1.8tCHF 766.6bCHF 97.0b21.6x18.3x2.3x
Sun, 03 Mar 2024CHF 1.7tCHF 785.2bCHF 111.0b20.2x15.5x2.2x
Tue, 30 Jan 2024CHF 1.7tCHF 763.8bCHF 110.0b17.9x15.6x2.2x
Thu, 28 Dec 2023CHF 1.7tCHF 759.4bCHF 109.0b18.4x15.4x2.2x
Sat, 25 Nov 2023CHF 1.6tCHF 771.4bCHF 111.2b18x14.7x2.1x
Mon, 23 Oct 2023CHF 1.6tCHF 759.2bCHF 100.2b17.6x15.6x2.1x
Wed, 20 Sep 2023CHF 1.7tCHF 751.8bCHF 99.5b18.5x16.8x2.2x
Fri, 18 Aug 2023CHF 1.6tCHF 746.4bCHF 75.2b18.1x21.9x2.2x
Sun, 16 Jul 2023CHF 1.7tCHF 749.7bCHF 76.3b19.4x22.4x2.3x
Tue, 13 Jun 2023CHF 1.7tCHF 760.6bCHF 77.3b19.3x22.4x2.3x
Thu, 11 May 2023CHF 1.8tCHF 785.6bCHF 81.4b19.2x21.6x2.2x
Sat, 08 Apr 2023CHF 1.7tCHF 778.0bCHF 69.2b19.3x25.2x2.2x
Mon, 06 Mar 2023CHF 1.7tCHF 784.0bCHF 70.1b19.4x24.7x2.2x
Wed, 01 Feb 2023CHF 1.8tCHF 786.0bCHF 94.2b17.7x18.8x2.2x
Fri, 30 Dec 2022CHF 1.7tCHF 784.5bCHF 93.7b17.4x17.9x2.1x
Sun, 27 Nov 2022CHF 1.7tCHF 791.5bCHF 94.7b17.8x18.3x2.2x
Tue, 25 Oct 2022CHF 1.6tCHF 802.6bCHF 103.4b17x15.7x2x
Thu, 22 Sep 2022CHF 1.6tCHF 790.2bCHF 102.1b17.6x16x2.1x
Sat, 20 Aug 2022CHF 1.8tCHF 791.7bCHF 102.4b17.4x17.1x2.2x
Mon, 18 Jul 2022CHF 1.7tCHF 805.2bCHF 106.3b17.2x16.2x2.1x
Price to Earnings Ratio

16.2x


Total Market Cap: CHF 1.7tTotal Earnings: CHF 106.3bTotal Revenue: CHF 805.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.1x202320242025
Current Market PE
  • Investors are relatively neutral on the Swiss market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.1x.
Past Earnings Growth
  • Both revenue and earnings for Swiss listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market1.46%
Tech4.01%
Healthcare2.52%
Utilities2.37%
Financials2.16%
Materials2.12%
Industrials1.62%
Consumer Discretionary0.89%
Telecom0.38%
Real Estate-1.23%
Consumer Staples-2.19%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 10.2%, which is lower than the prior year's growth of 18.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
NOVN NovartisCHF 99.212.5%
+CHF 4.7b		-0.07%PE19xHealthcare
ROG Roche HoldingCHF 263.002.1%
+CHF 4.3b		4.3%PE25.3xHealthcare
UBSG UBS GroupCHF 28.853.9%
+CHF 3.3b		4.0%PE22.1xFinancials
GALD Galderma GroupCHF 127.608.3%
+CHF 2.3b		74.2%PE164.6xHealthcare
HOLN HolcimCHF 63.566.5%
+CHF 2.1b		-22.9%PE12xMaterials
See more

Market Insights

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NOVN
CHF 99.21
Novartis
7D
2.5%
1Y
-0.07%
UBSG
CHF 28.85
UBS Group
7D
3.9%
1Y
4.0%
BARN
CHF 825.50
Barry Callebaut
7D
-10.4%
1Y
-41.4%
SREN
CHF 141.85
Swiss Re
7D
2.9%
1Y
28.3%
GALD
CHF 127.60
Galderma Group
7D
8.3%
1Y
74.2%
SPSN
CHF 114.60
Swiss Prime Site
7D
-2.1%
1Y
29.1%

Some Confidence Is Lacking In Swiss Prime Site AG's (VTX:SPSN) P/E

Jul 01
Some Confidence Is Lacking In Swiss Prime Site AG's (VTX:SPSN) P/E
LISN
CHF 130,000.00
Chocoladefabriken Lindt & Sprüngli
7D
-1.4%
1Y
22.4%

Calculating The Fair Value Of Chocoladefabriken Lindt & Sprüngli AG (VTX:LISN)

Jun 25
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SDZ
CHF 44.73
Sandoz Group
7D
4.5%
1Y
27.2%

Sentiment Still Eluding Sandoz Group AG (VTX:SDZ)

Jun 25
Sentiment Still Eluding Sandoz Group AG (VTX:SDZ)
ROG
CHF 263.00
Roche Holding
7D
2.1%
1Y
4.3%

These 4 Measures Indicate That Roche Holding (VTX:ROG) Is Using Debt Reasonably Well

Jun 24
These 4 Measures Indicate That Roche Holding (VTX:ROG) Is Using Debt Reasonably Well
HOLN
CHF 63.56
Holcim
7D
6.5%
1Y
-22.9%
SUN
CHF 142.20
Sulzer
7D
-1.8%
1Y
6.3%

An Intrinsic Calculation For Sulzer Ltd (VTX:SUN) Suggests It's 46% Undervalued

Jun 23
An Intrinsic Calculation For Sulzer Ltd (VTX:SUN) Suggests It's 46% Undervalued
NESN
CHF 77.88
Nestlé
7D
-2.1%
1Y
-16.8%
EMMN
CHF 758.00
Emmi
7D
-2.9%
1Y
-16.8%

Is Emmi (VTX:EMMN) A Risky Investment?

Jun 17
Is Emmi (VTX:EMMN) A Risky Investment?
GIVN
CHF 3,858.00
Givaudan
7D
-0.4%
1Y
-11.6%

The Return Trends At Givaudan (VTX:GIVN) Look Promising

Jun 17
The Return Trends At Givaudan (VTX:GIVN) Look Promising
LONN
CHF 569.40
Lonza Group
7D
2.3%
1Y
9.4%

Lonza Group AG (VTX:LONN) Not Flying Under The Radar

May 31
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PSPN
CHF 139.40
PSP Swiss Property
7D
-2.9%
1Y
17.5%