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Swiss (SMI) Capital Markets Industry Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies17
  • 7D2.0%
  • 3M23.7%
  • 1Y32.9%
  • YTD-1.5%

Over the last 7 days, the Capital Markets industry has risen 2.0%, driven by gains from UBS Group of 5.4%. This takes the industry's 12 month performance to a gain of 33%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Jun 2026CHF 179.8bCHF 53.8bCHF 10.7b16.1x16.8x3.3x
Wed, 20 May 2026CHF 171.0bCHF 52.9bCHF 10.5b16.3x16.2x3.2x
Fri, 17 Apr 2026CHF 165.4bCHF 51.2bCHF 9.4b16.9x17.6x3.2x
Sun, 15 Mar 2026CHF 147.8bCHF 51.6bCHF 9.4b16.3x15.7x2.9x
Tue, 10 Feb 2026CHF 170.3bCHF 49.6bCHF 9.2b18x18.5x3.4x
Thu, 08 Jan 2026CHF 185.2bCHF 50.3bCHF 9.1b17.5x20.2x3.7x
Sat, 06 Dec 2025CHF 165.1bCHF 50.7bCHF 9.2b17.4x17.9x3.3x
Mon, 03 Nov 2025CHF 159.6bCHF 50.7bCHF 9.2b16.5x17.3x3.2x
Wed, 01 Oct 2025CHF 167.5bCHF 49.3bCHF 8.3b17.1x20.2x3.4x
Fri, 29 Aug 2025CHF 170.6bCHF 49.3bCHF 8.3b17.2x20.6x3.5x
Sun, 27 Jul 2025CHF 159.7bCHF 49.6bCHF 7.2b23.3x22.2x3.2x
Tue, 24 Jun 2025CHF 136.1bCHF 50.5bCHF 7.4b14.4x18.4x2.7x
Thu, 22 May 2025CHF 147.7bCHF 51.2bCHF 7.5b15.8x19.8x2.9x
Sat, 19 Apr 2025CHF 132.3bCHF 51.0bCHF 7.5b14.1x17.7x2.6x
Mon, 17 Mar 2025CHF 160.4bCHF 54.2bCHF 7.8b17.3x20.6x3x
Wed, 12 Feb 2025CHF 168.2bCHF 55.2bCHF 7.8b16.4x21.7x3x
Fri, 10 Jan 2025CHF 165.4bCHF 53.6bCHF 6.5b20.4x25.3x3.1x
Sun, 08 Dec 2024CHF 158.8bCHF 52.0bCHF 6.4b20.8x24.9x3.1x
Tue, 05 Nov 2024CHF 146.9bCHF 51.3bCHF 6.3b17.4x23.2x2.9x
Thu, 03 Oct 2024CHF 146.4bCHF 50.2bCHF 4.4b17.6x33.3x2.9x
Sat, 31 Aug 2024CHF 144.5bCHF 50.3bCHF 4.5b16.6x32.3x2.9x
Mon, 29 Jul 2024CHF 145.6bCHF 49.2bCHF 27.6b16.4x5.3x3x
Wed, 26 Jun 2024CHF 144.1bCHF 49.8bCHF 28.0b15.3x5.1x2.9x
Fri, 24 May 2024CHF 152.1bCHF 50.6bCHF 28.6b16.5x5.3x3x
Sun, 21 Apr 2024CHF 140.2bCHF 46.9bCHF 27.8b16x5x3x
Tue, 19 Mar 2024CHF 151.5bCHF 46.3bCHF 28.3b17.2x5.4x3.3x
Thu, 15 Feb 2024CHF 136.1bCHF 46.0bCHF 28.1b15.8x4.8x3x
Sat, 13 Jan 2024CHF 140.7bCHF 71.2bCHF 34.7b14.5x4.1x2x
Mon, 11 Dec 2023CHF 139.4bCHF 72.2bCHF 35.5b13.9x3.9x1.9x
Wed, 08 Nov 2023CHF 126.7bCHF 70.0bCHF 38.4b12.8x3.3x1.8x
Fri, 06 Oct 2023CHF 126.1bCHF 70.5bCHF 38.8b13.4x3.3x1.8x
Sun, 03 Sep 2023CHF 130.9bCHF 69.3bCHF 37.8b13.6x3.5x1.9x
Tue, 01 Aug 2023CHF 114.3bCHF 68.7bCHF 13.6b13.9x8.4x1.7x
Thu, 29 Jun 2023CHF 102.5bCHF 69.4bCHF 13.7b13.5x7.5x1.5x
Price to Earnings Ratio

7.5x


Total Market Cap: CHF 102.5bTotal Earnings: CHF 13.7bTotal Revenue: CHF 69.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Capital Markets Industry Price to Earnings3Y Average 15.1x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Capital Markets industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.8x which is higher than its 3-year average PE of 15.1x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have declined 8.0% per year over the last three years,
  • Revenues have also declined 8.2% 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 Market0.49%
Financials1.25%
Capital Markets2.02%
Diversified Capital Markets3.77%
Investment Banking and Brokerage-1.53%
Asset Management-1.75%
Industry PE
  • Investors are most optimistic about the Diversified Capital Markets industry which is trading above its 3-year average PE ratio of 14.8x.
    • Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 81.5% per year.
  • Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average of 17.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 82% per year.
  • In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 8.2% 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 41.354.7%
+CHF 5.6b		65.4%PE17.1x
CFT Compagnie Financière TraditionCHF 316.003.3%
+CHF 76.2m		46.3%PE17.9x
EFGN EFG InternationalCHF 16.701.2%
+CHF 59.7m		16.9%PE16.2x
LEON LeonteqCHF 17.3012.9%
+CHF 35.1m		-0.3%PS1.8x
BAER Julius Bär GruppeCHF 66.100.1%
+CHF 16.4m		28.9%PE17.7x

Latest News

LEON
CHF 17.30
Leonteq
7D
12.9%
1Y
-0.3%
VPBN
CHF 88.20
VP Bank
7D
2.0%
1Y
12.2%
UBSG
CHF 41.35
UBS Group
7D
4.7%
1Y
65.4%
PGHN
CHF 669.60
Partners Group Holding
7D
-6.3%
1Y
-32.0%
Narrative Update • Jun 18

PGHN: Future Returns Will Hinge On Managing Fund Liquidity And Execution Risks

The analyst price target for Partners Group Holding has been reduced from CHF 930 to CHF 760. This reflects updated views based on more moderate revenue growth assumptions, a slightly higher discount rate and a lower future P/E, partially offset by higher expected profit margins.
BAER
CHF 66.10
Julius Bär Gruppe
7D
0.1%
1Y
28.9%
Narrative Update • Jun 18

BAER: Fairly Valued Shares Will Depend On Flow Recovery And Profit Execution

Analysts have nudged the fair value estimate for Julius Bär Gruppe slightly lower to CHF 69.35 from CHF 69.41, while recent Street research price targets ranging from CHF 59 to CHF 78 reflect differing views on how quickly flows and profitability might improve. Analyst Commentary Recent Street research on Julius Bär Gruppe highlights a mix of optimism and caution, with price targets spanning CHF 59 to CHF 78 and a range of ratings from Underweight to Buy.
VLRT
CHF 10.30
Valartis Group
7D
-3.7%
1Y
-12.0%
SQN
CHF 38.94
Swissquote Group Holding
7D
-2.7%
1Y
-9.2%
Narrative Update • Jun 17

SQN: Strong Trading Volumes And Stock Split Will Support Next Phase

Analysts have raised the Swissquote Group Holding price target to CHF 62.00 from CHF 42.50. This change reflects updated views on fair value, discount rate and growth assumptions, supported by research indicating that crypto headwinds are being offset by stronger trading volumes.
EFGN
CHF 16.70
EFG International
7D
1.2%
1Y
16.9%
Narrative Update • Jun 05

EFGN: Future Upside Will Rely On Refined P E And Margin Expectations

Analysts have slightly reduced the fair value estimate for EFG International to CHF 19.30 from CHF 19.73, reflecting recent price target adjustments around CHF 18 and updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts still see room for the stock to trade above recent price targets, with the latest range clustering around CHF 18, which sits close to the updated fair value estimate of CHF 19.30.
VONN
CHF 72.30
Vontobel Holding
7D
0.3%
1Y
16.1%
Narrative Update • Jun 02

VONN: Neutral Outlook Will Depend On Discount Rate And Future P E

Analysts have kept their CHF price target for Vontobel Holding broadly unchanged at around CHF 68.75, making only small tweaks to inputs such as the discount rate and assumed future P/E to reflect updated views on the company’s risk profile and earnings power. What's in the News No recent company specific news items were identified from the provided sources for Vontobel Holding.
CFT
CHF 316.00
Compagnie Financière Tradition
7D
3.3%
1Y
46.3%
HAUTE
CHF 55.90
Haute Capital Partners
7D
-1.6%
1Y
-63.1%
VZN
CHF 149.40
VZ Holding
7D
0.1%
1Y
-9.3%
BBN
CHF 7.10
Bellevue Group
7D
-4.8%
1Y
0%
SQL
CHF 4.20
Matador Secondary Private Equity
7D
-2.3%
1Y
1.2%