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Swiss (SMI) Financials Sector Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies46
  • 7D-2.9%
  • 3M2.3%
  • 1Y12.9%
  • YTD3.0%

Over the last 7 days, the Financials industry has dropped 2.9%, driven by declines in Swiss Re and Partners Group Holding of 8.6% and 7.2%, respectively. This takes the industry's 12 month performance to a gain of 13%. In the next few years, earnings are forecast to decline by 3.9% annually.

Sector Valuation and Performance

Has the Swiss Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024CHF306.6bCHF195.6bCHF39.3b13.7x7.8x1.6x
Thu, 21 Mar 2024CHF327.9bCHF191.4bCHF40.0b14.1x8.2x1.7x
Sat, 17 Feb 2024CHF306.5bCHF189.0bCHF52.0b13.6x5.9x1.6x
Mon, 15 Jan 2024CHF305.1bCHF211.6bCHF58.4b13.4x5.2x1.4x
Wed, 13 Dec 2023CHF304.9bCHF214.7bCHF59.3b13.5x5.1x1.4x
Fri, 10 Nov 2023CHF289.6bCHF217.8bCHF60.3b13.1x4.8x1.3x
Sun, 08 Oct 2023CHF287.8bCHF203.1bCHF49.9b13.8x5.8x1.4x
Tue, 05 Sep 2023CHF287.6bCHF198.6bCHF48.8b14.1x5.9x1.4x
Thu, 03 Aug 2023CHF268.5bCHF193.6bCHF24.1b14.9x11.1x1.4x
Sat, 01 Jul 2023CHF263.2bCHF195.3bCHF24.3b13.9x10.8x1.3x
Mon, 29 May 2023CHF263.0bCHF196.6bCHF24.4b14.9x10.8x1.3x
Wed, 26 Apr 2023CHF270.7bCHF194.7bCHF24.5b15x11.1x1.4x
Fri, 24 Mar 2023CHF264.8bCHF184.3bCHF12.1b14.8x21.9x1.4x
Sun, 19 Feb 2023CHF289.2bCHF187.9bCHF11.6b14.7x24.9x1.5x
Tue, 17 Jan 2023CHF287.2bCHF195.2bCHF11.3b14.5x25.4x1.5x
Thu, 15 Dec 2022CHF273.7bCHF194.9bCHF11.3b14x24.3x1.4x
Sat, 12 Nov 2022CHF271.8bCHF198.0bCHF12.1b14x22.5x1.4x
Mon, 10 Oct 2022CHF246.8bCHF206.7bCHF17.8b12.8x13.9x1.2x
Wed, 07 Sep 2022CHF264.5bCHF207.4bCHF17.9b12.4x14.7x1.3x
Fri, 05 Aug 2022CHF267.2bCHF228.5bCHF17.8b12.5x15x1.2x
Sun, 03 Jul 2022CHF256.4bCHF231.4bCHF20.1b12.3x12.8x1.1x
Tue, 31 May 2022CHF289.9bCHF230.6bCHF20.0b12.7x14.5x1.3x
Thu, 28 Apr 2022CHF284.2bCHF259.6bCHF47.0b12.8x6x1.1x
Sat, 26 Mar 2022CHF300.1bCHF251.1bCHF46.2b13.6x6.5x1.2x
Mon, 21 Feb 2022CHF309.3bCHF269.6bCHF66.3b14.1x4.7x1.1x
Wed, 19 Jan 2022CHF311.3bCHF269.8bCHF67.5b14.9x4.6x1.2x
Fri, 17 Dec 2021CHF297.7bCHF270.6bCHF67.6b14.3x4.4x1.1x
Sun, 14 Nov 2021CHF306.6bCHF270.4bCHF67.6b14.3x4.5x1.1x
Tue, 12 Oct 2021CHF289.7bCHF287.0bCHF84.0b14.2x3.4x1x
Thu, 09 Sep 2021CHF295.9bCHF286.7bCHF83.9b14.2x3.5x1x
Sat, 07 Aug 2021CHF294.9bCHF284.7bCHF83.7b14.9x3.5x1x
Fri, 30 Apr 2021CHF282.1bCHF310.8bCHF115.1b16.3x2.5x0.9x
Price to Earnings Ratio

2.5x


Total Market Cap: CHF282.1bTotal Earnings: CHF115.1bTotal Revenue: CHF310.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Financials Sector Price to Earnings3Y Average 10.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Swiss Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.8x which is lower than its 3-year average PE of 10.1x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 30% per year over the last three years,
  • Revenues have also declined 14% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Swiss Financials sector?

CH Market-0.88%
Financials-2.85%
Mortgage Finance0%
Mortgage REITs0%
Diversified Financial-0.49%
Banks-0.62%
Consumer Finance-0.67%
Insurance-3.17%
Capital Markets-3.22%
Industry PE
  • Investors are most optimistic about the Banks industry, which is trading close to its 3-year average PE ratio of 16.2x.
    • Analysts are expecting annual earnings growth of 0.8%, which is lower than the prior year's growth of 17.6% per year.
  • Investors are most pessimistic about the Capital Markets industry, which is trading below its 3-year average of 18.4x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 10% over the next 5 years.
  • This is better than its past earnings decline of 6.7% per year.
  • In contrast, the Capital Markets industry is expected to see its earnings decline by 16% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BALN Bâloise HoldingCHF143.902.4%
+CHF154.4m
-3.6%PE27.3x
BLKB Basellandschaftliche KantonalbankCHF872.003.8%
+CHF69.2m
-4.2%PB0.7x
TKBP Thurgauer KantonalbankCHF129.502.4%
+CHF60.0m
8.4%PB1x
VT5 VT5 AcquisitionCHF11.4012.9%
+CHF28.3m
21.3%n/a
ZUGER Zuger KantonalbankCHF8.38k1.0%
+CHF23.0m
6.3%PB1.6x
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Latest News

UBSG

CHF25.39

UBS Group

7D

-3.3%

1Y

39.5%

BAER

CHF48.21

Julius Bär Gruppe

7D

-1.4%

1Y

-24.9%

BALN

CHF143.90

Bâloise Holding

7D

2.4%

1Y

-3.6%

SREN

CHF99.30

Swiss Re

7D

-7.5%

1Y

10.6%

ZURN

CHF451.40

Zurich Insurance Group

7D

-0.5%

1Y

4.2%

EFGN

CHF10.86

EFG International

7D

-5.2%

1Y

18.7%

VAHN

CHF453.00

Vaudoise Assurances Holding

7D

0.2%

1Y

-4.4%

TKBP

CHF129.50

Thurgauer Kantonalbank

7D

2.4%

1Y

8.4%

GRKP

CHF1,700.00

Graubündner Kantonalbank

7D

-5.3%

1Y

-1.7%

ZUGER

CHF8,380.00

Zuger Kantonalbank

7D

1.0%

1Y

6.3%

BLKB

CHF872.00

Basellandschaftliche Kantonalbank

7D

3.8%

1Y

-4.2%

VT5

CHF11.40

VT5 Acquisition

7D

12.9%

1Y

21.3%

SQL

CHF4.25

Matador Partners Group

7D

1.7%

1Y

-3.2%