Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swiss (SMI) Capital Markets Industry Analysis

UpdatedAug 09, 2026
DataAggregated Company Financials
Companies18
  • 7D3.1%
  • 3M15.2%
  • 1Y17.1%
  • YTD5.4%

Over the last 7 days, the Capital Markets industry has risen 3.1%, driven by gains from UBS Group of 2.1%. During this same period, the Compagnie Financière Tradition underperformed, falling 7.6%. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the Swiss Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Aug 2026CHF 195.1bCHF 56.5bCHF 12.1b15x16.1x3.5x
Tue, 07 Jul 2026CHF 187.0bCHF 54.0bCHF 11.0b16.2x17.1x3.5x
Thu, 04 Jun 2026CHF 168.0bCHF 53.0bCHF 10.6b15.5x15.9x3.2x
Sat, 02 May 2026CHF 166.0bCHF 52.5bCHF 10.5b16.2x15.9x3.2x
Mon, 30 Mar 2026CHF 147.3bCHF 52.0bCHF 9.5b15x15.5x2.8x
Wed, 25 Feb 2026CHF 157.7bCHF 50.0bCHF 9.2b17.2x17.2x3.2x
Fri, 23 Jan 2026CHF 188.6bCHF 50.0bCHF 9.1b18.4x20.7x3.8x
Sun, 21 Dec 2025CHF 180.5bCHF 50.2bCHF 9.1b18.2x19.8x3.6x
Tue, 18 Nov 2025CHF 158.9bCHF 50.2bCHF 9.1b16.8x17.4x3.2x
Thu, 16 Oct 2025CHF 162.0bCHF 49.3bCHF 8.3b18.1x19.5x3.3x
Sat, 13 Sep 2025CHF 168.6bCHF 49.3bCHF 8.3b16.8x20.3x3.4x
Mon, 11 Aug 2025CHF 168.9bCHF 49.6bCHF 8.3b19.9x20.4x3.4x
Wed, 09 Jul 2025CHF 149.2bCHF 49.8bCHF 7.3b14.9x20.4x3x
Fri, 06 Jun 2025CHF 146.3bCHF 50.9bCHF 7.4b14.9x19.7x2.9x
Sun, 04 May 2025CHF 140.9bCHF 51.2bCHF 7.5b14.7x18.9x2.8x
Tue, 01 Apr 2025CHF 152.8bCHF 54.2bCHF 7.8b13.5x19.6x2.8x
Thu, 27 Feb 2025CHF 167.4bCHF 54.3bCHF 7.7b16.6x21.9x3.1x
Sat, 25 Jan 2025CHF 173.4bCHF 53.2bCHF 6.5b21.4x26.7x3.3x
Mon, 23 Dec 2024CHF 149.1bCHF 52.7bCHF 6.4b19.6x23.1x2.8x
Wed, 20 Nov 2024CHF 151.7bCHF 52.2bCHF 6.4b19.4x23.7x2.9x
Fri, 18 Oct 2024CHF 154.3bCHF 50.7bCHF 4.5b17.7x34.5x3x
Sun, 15 Sep 2024CHF 139.9bCHF 50.1bCHF 4.4b16x31.6x2.8x
Tue, 13 Aug 2024CHF 137.6bCHF 48.4bCHF 27.1b14.8x5.1x2.8x
Thu, 11 Jul 2024CHF 149.8bCHF 50.0bCHF 28.1b15.4x5.3x3x
Sat, 08 Jun 2024CHF 150.7bCHF 49.8bCHF 28.0b15x5.4x3x
Mon, 06 May 2024CHF 138.4bCHF 46.7bCHF 27.7b16.1x5x3x
Wed, 03 Apr 2024CHF 149.8bCHF 46.8bCHF 27.7b17.1x5.4x3.2x
Fri, 01 Mar 2024CHF 141.3bCHF 46.0bCHF 28.1b14.6x5x3.1x
Sun, 28 Jan 2024CHF 142.9bCHF 71.6bCHF 35.1b14.7x4.1x2x
Tue, 26 Dec 2023CHF 145.9bCHF 71.3bCHF 34.8b14.2x4.2x2x
Thu, 23 Nov 2023CHF 131.9bCHF 72.4bCHF 35.7b13.2x3.7x1.8x
Sat, 21 Oct 2023CHF 121.6bCHF 69.7bCHF 38.1b12.8x3.2x1.7x
Mon, 18 Sep 2023CHF 133.2bCHF 69.9bCHF 38.2b14x3.5x1.9x
Wed, 16 Aug 2023CHF 116.5bCHF 69.0bCHF 13.9b13.8x8.4x1.7x
Price to Earnings Ratio

8.4x


Total Market Cap: CHF 116.5bTotal Earnings: CHF 13.9bTotal Revenue: CHF 69.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Capital Markets Industry Price to Earnings3Y Average 15.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swiss Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.5x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 4.5% per year over the last three years,
  • Revenues have also declined 6.4% 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 industry?

CH Market1.72%
Financials0.60%
Capital Markets3.06%
Asset Management5.97%
Diversified Capital Markets2.14%
Investment Banking and Brokerage-0.087%
Industry PE
  • Investors are most optimistic about the Diversified Capital Markets industry which is trading above its 3-year average PE ratio of 15.3x.
    • Analysts are expecting annual earnings growth of 12.7%, which is lower than the prior year's growth of 51.5% per year.
  • Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 21.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Asset Management industry is expected to see its earnings grow by 7.5% 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
UBSG UBS GroupCHF 43.462.1%
+CHF 2.8b		36.1%PE17.3x
PGHN Partners Group HoldingCHF 732.409.0%
+CHF 1.6b		-35.8%PE15x
BAER Julius Bär GruppeCHF 75.166.0%
+CHF 880.7m		31.0%PE13.6x
VZN VZ HoldingCHF 161.804.5%
+CHF 275.7m		-4.8%PE27x
EFGN EFG InternationalCHF 16.864.9%
+CHF 239.2m		3.8%PE19.1x

Latest News

PGHN
CHF 732.40
Partners Group Holding
7D
9.0%
1Y
-35.8%
SQN
CHF 42.98
Swissquote Group Holding
7D
2.6%
1Y
-24.1%
Narrative Update • Aug 03

SQN: Strong Trading Volumes And Valuation Discount Will Support Next Phase

Analysts report that the Swissquote Group Holding consensus price target has moved higher, with recent increases to CHF 50 and CHF 42.50 supported by views that the stock trades at a valuation discount to peers while stronger trading volumes help offset near term crypto headwinds. Analyst Commentary Recent research on Swissquote Group Holding points to a more constructive tone, with bullish analysts highlighting valuation support and signs of resilient trading activity.
UBSG
CHF 43.46
UBS Group
7D
2.1%
1Y
36.1%
LEON
CHF 16.90
Leonteq
7D
-0.6%
1Y
-6.7%
Narrative Update • Jul 29

LEON: Strengthened Compliance Progress Will Support Profitable But Muted Future Re Rating

Analysts have reduced their price target for Leonteq from CHF 19.00 to CHF 16.50, citing updated assumptions for revenue growth, profit margins and future P/E expectations. What’s in the News for Leonteq Leonteq reported that the Swiss Financial Market Supervisory Authority FINMA has confirmed all measures ordered after the 2024 enforcement proceedings have been fully addressed.
VONN
CHF 87.60
Vontobel Holding
7D
1.5%
1Y
46.2%
VLRT
CHF 11.10
Valartis Group
7D
-5.1%
1Y
-6.7%
EFGN
CHF 16.86
EFG International
7D
4.9%
1Y
3.8%
BAER
CHF 75.16
Julius Bär Gruppe
7D
6.0%
1Y
31.0%
HAUTE
CHF 51.00
Haute Capital Partners
7D
-4.3%
1Y
-68.4%
HBMN
CHF 249.00
HBM Healthcare Investments
7D
-0.6%
1Y
44.1%
VPBN
CHF 93.00
VP Bank
7D
-2.9%
1Y
18.0%
CFT
CHF 273.50
Compagnie Financière Tradition
7D
-7.6%
1Y
14.0%
GAM
CHF 0.083
GAM Holding
7D
26.2%
1Y
-18.8%
VZN
CHF 161.80
VZ Holding
7D
4.5%
1Y
-4.8%
SQL
CHF 3.82
Matador Secondary Private Equity
7D
-4.5%
1Y
-8.0%