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Swiss (SMI) Medical Equipment Industry Analysis

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies6
  • 7D3.1%
  • 3M-3.5%
  • 1Y-19.7%
  • YTDn/a

In the last week, the Medical Equipment industry is up 1.1%, with Straumann Holding up 3.9%. However, the industry is down 20% over the past year. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Swiss Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025CHF 32.4bCHF 7.9bCHF 1.0b34.1x31.8x4.1x
Fri, 14 Nov 2025CHF 34.0bCHF 7.9bCHF 1.0b35x32.8x4.3x
Sun, 12 Oct 2025CHF 31.6bCHF 8.0bCHF 1.0b32.4x30.5x4x
Tue, 09 Sep 2025CHF 34.4bCHF 7.9bCHF 1.0b35.5x33.9x4.4x
Thu, 07 Aug 2025CHF 34.3bCHF 7.9bCHF 1.1b35.7x30.8x4.3x
Sat, 05 Jul 2025CHF 35.4bCHF 7.9bCHF 1.1b36.7x31.7x4.5x
Mon, 02 Jun 2025CHF 36.7bCHF 7.9bCHF 1.1b36.8x33x4.6x
Wed, 30 Apr 2025CHF 35.6bCHF 7.8bCHF 1.1b35.6x31.3x4.6x
Fri, 28 Mar 2025CHF 37.6bCHF 7.8bCHF 1.1b37.8x33x4.8x
Sun, 23 Feb 2025CHF 43.0bCHF 7.9bCHF 1.1b45.5x37.5x5.5x
Tue, 21 Jan 2025CHF 42.0bCHF 7.9bCHF 976.4m41.3x43.1x5.3x
Thu, 19 Dec 2024CHF 40.3bCHF 7.9bCHF 975.9m41x41.3x5.1x
Sat, 16 Nov 2024CHF 40.3bCHF 7.8bCHF 1.0b42.9x39.8x5.1x
Mon, 14 Oct 2024CHF 43.9bCHF 7.8bCHF 1.0b45.9x43.3x5.6x
Wed, 11 Sep 2024CHF 40.7bCHF 7.8bCHF 1.0b55x40.5x5.2x
Fri, 09 Aug 2024CHF 38.8bCHF 7.7bCHF 912.9m55.3x42.5x5x
Sun, 07 Jul 2024CHF 40.1bCHF 7.7bCHF 916.2m65.2x43.7x5.2x
Tue, 04 Jun 2024CHF 40.0bCHF 7.7bCHF 916.5m63.7x43.7x5.2x
Thu, 02 May 2024CHF 39.3bCHF 7.8bCHF 916.3m63.7x42.9x5.1x
Sat, 30 Mar 2024CHF 43.3bCHF 7.7bCHF 915.8m73.1x47.3x5.6x
Mon, 26 Feb 2024CHF 45.5bCHF 7.7bCHF 1.1b54.3x39.8x5.9x
Wed, 24 Jan 2024CHF 42.1bCHF 7.7bCHF 1.2b54.9x36.6x5.5x
Fri, 22 Dec 2023CHF 43.1bCHF 7.7bCHF 1.2b54.5x37.5x5.6x
Sun, 19 Nov 2023CHF 36.7bCHF 7.6bCHF 1.2b48.4x30.4x4.8x
Tue, 17 Oct 2023CHF 35.7bCHF 7.6bCHF 1.2b48.3x29.6x4.7x
Thu, 14 Sep 2023CHF 37.4bCHF 7.5bCHF 1.2b54x31.1x5x
Sat, 12 Aug 2023CHF 40.6bCHF 7.6bCHF 1.3b51.7x32.1x5.3x
Mon, 10 Jul 2023CHF 39.6bCHF 7.6bCHF 1.3b49.8x31.2x5.2x
Wed, 07 Jun 2023CHF 40.1bCHF 7.6bCHF 1.3b50.3x31.6x5.3x
Fri, 05 May 2023CHF 43.3bCHF 7.5bCHF 1.3b51.2x34.2x5.8x
Sun, 02 Apr 2023CHF 41.5bCHF 7.5bCHF 1.3b43.1x32.7x5.5x
Tue, 28 Feb 2023CHF 38.1bCHF 7.5bCHF 1.2b43.9x32.3x5.1x
Thu, 26 Jan 2023CHF 36.4bCHF 7.4bCHF 1.3b22.2x28.7x4.9x
Sat, 24 Dec 2022CHF 33.1bCHF 7.4bCHF 1.3b20.8x26.1x4.5x
Price to Earnings Ratio

26.1x


Total Market Cap: CHF 33.1bTotal Earnings: CHF 1.3bTotal Revenue: CHF 7.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Medical Equipment Industry Price to Earnings3Y Average 35.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Swiss Healthcare Equipment 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 31.4x which is lower than its 3-year average PE of 35.7x.
  • The 3-year average PS ratio of 5.0x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 7.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Swiss Medical Equipment compare with similar industries?

CH Market0.88%
Healthcare0.31%
Medical Equipment0.33%
Medical Equipment3.15%
Medical Supplies-2.10%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
STMN Straumann HoldingCHF 95.024.0%
+CHF 583.6m		-19.8%PE35.4x
SOON Sonova HoldingCHF 207.003.8%
+CHF 456.0m		-30.4%PE23.7x
MEDX medmixCHF 10.662.3%
+CHF 9.8m		23.1%PS0.9x

Latest News

STMN
CHF 95.02
Straumann Holding
7D
4.0%
1Y
-19.8%

STMN: Improving U.S. Momentum Will Likely Drive Renewed Optimism And Upside

The analyst price target for Straumann Holding has been modestly increased to CHF 112.24 from CHF 112.43, as analysts factor in improving investor sentiment, gradually better operational momentum in the U.S., and a slightly higher future earnings multiple despite trimmed growth and margin expectations. Analyst Commentary Recent research updates on Straumann Holding present a mixed but gradually improving picture, with several bullish analysts highlighting better sentiment and operational progress, while more cautious voices point to lingering earnings and valuation risks.
SOON
CHF 207.00
Sonova Holding
7D
3.8%
1Y
-30.4%

SOON: Market Leadership And Technology Will Drive Shares Higher Over The Medium Term

The analyst price target for Sonova Holding has been trimmed by approximately CHF 7 to reflect slightly lower fair value and growth assumptions, as analysts balance expectations of market share gains from strong technology against ongoing concerns about softer end markets and rising competition. Analyst Commentary Analyst opinion on Sonova Holding remains divided, with recent research reflecting both confidence in the companys strategic positioning and caution around the operating backdrop.
METN
CHF 802.00
Metall Zug
7D
-2.4%
1Y
-27.1%

Metall Zug (VTX:METN) Is Making Moderate Use Of Debt

Nov 29
Metall Zug (VTX:METN) Is Making Moderate Use Of Debt
MED
CHF 84.50
Medartis Holding
7D
-4.8%
1Y
54.5%

Investors Still Waiting For A Pull Back In Medartis Holding AG (VTX:MED)

Nov 27
Investors Still Waiting For A Pull Back In Medartis Holding AG (VTX:MED)
MEDX
CHF 10.66
medmix
7D
2.3%
1Y
23.1%

medmix AG (VTX:MEDX) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 26
medmix AG (VTX:MEDX) Looks Inexpensive But Perhaps Not Attractive Enough