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Swiss (SMI) Medical Equipment Industry Analysis

UpdatedMay 28, 2025
DataAggregated Company Financials
Companies10
  • 7D-2.4%
  • 3M-10.9%
  • 1Y-8.3%
  • YTD-3.9%

Over the last 7 days, the Medical Equipment industry has dropped 2.8%, driven by a pullback from Sonova Holding of 6.3%. In contrast, Ypsomed Holding has gained 6.3%. However, the industry is down 9.7% over the past year. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 May 2025CHF 79.4bCHF 17.3bCHF 2.2b38.1x36.6x4.6x
Fri, 25 Apr 2025CHF 79.0bCHF 17.0bCHF 2.1b35.3x37.7x4.7x
Sun, 23 Mar 2025CHF 83.3bCHF 17.7bCHF 2.2b39.1x38.7x4.7x
Tue, 18 Feb 2025CHF 89.3bCHF 17.7bCHF 2.1b38.6x42x5x
Thu, 16 Jan 2025CHF 84.4bCHF 17.8bCHF 2.1b35.4x39.4x4.7x
Sat, 14 Dec 2024CHF 83.1bCHF 17.6bCHF 2.1b35.9x39.3x4.7x
Mon, 11 Nov 2024CHF 87.5bCHF 17.2bCHF 2.1b41.5x42x5.1x
Wed, 09 Oct 2024CHF 91.1bCHF 17.0bCHF 2.1b42.9x44.1x5.4x
Fri, 06 Sep 2024CHF 86.6bCHF 16.9bCHF 2.0b42.3x42.5x5.1x
Sun, 04 Aug 2024CHF 82.5bCHF 16.9bCHF 1.9b43.4x43x4.9x
Tue, 02 Jul 2024CHF 85.0bCHF 17.3bCHF 2.0b47.6x43.2x4.9x
Thu, 30 May 2024CHF 85.9bCHF 17.4bCHF 2.0b46.9x43.4x4.9x
Sat, 27 Apr 2024CHF 82.6bCHF 17.3bCHF 1.9b43.8x43.4x4.8x
Mon, 25 Mar 2024CHF 85.6bCHF 17.1bCHF 1.9b47.8x45.3x5x
Wed, 21 Feb 2024CHF 84.3bCHF 16.8bCHF 1.7b54.7x50.9x5x
Fri, 19 Jan 2024CHF 79.9bCHF 16.7bCHF 1.7b52.2x48.4x4.8x
Sun, 17 Dec 2023CHF 80.3bCHF 16.7bCHF 1.7b51.3x48.6x4.8x
Tue, 14 Nov 2023CHF 72.4bCHF 16.9bCHF 1.6b46.5x44.9x4.3x
Thu, 12 Oct 2023CHF 74.5bCHF 16.9bCHF 1.6b47.5x46.2x4.4x
Sat, 09 Sep 2023CHF 79.3bCHF 16.8bCHF 1.6b54.6x49.4x4.7x
Mon, 07 Aug 2023CHF 81.2bCHF 16.4bCHF 1.6b52.2x49.4x4.9x
Wed, 05 Jul 2023CHF 82.0bCHF 16.7bCHF 1.7b51.9x49.5x4.9x
Fri, 02 Jun 2023CHF 79.6bCHF 16.8bCHF 1.7b49.5x48x4.7x
Sun, 30 Apr 2023CHF 78.7bCHF 16.4bCHF 1.6b49x48.3x4.8x
Tue, 28 Mar 2023CHF 73.9bCHF 16.6bCHF 1.6b43x45.1x4.5x
Thu, 23 Feb 2023CHF 74.9bCHF 16.5bCHF 1.8b40.5x40.9x4.5x
Sat, 21 Jan 2023CHF 74.4bCHF 16.5bCHF 1.9b36.7x40x4.5x
Mon, 19 Dec 2022CHF 68.0bCHF 16.6bCHF 1.9b34.1x36.4x4.1x
Wed, 16 Nov 2022CHF 71.0bCHF 16.4bCHF 1.8b36.9x40.4x4.3x
Fri, 14 Oct 2022CHF 62.8bCHF 16.8bCHF 1.8b30.4x35.2x3.7x
Sun, 11 Sep 2022CHF 72.5bCHF 16.5bCHF 1.8b35.7x41x4.4x
Tue, 09 Aug 2022CHF 85.4bCHF 16.1bCHF 1.7b39.8x50.5x5.3x
Thu, 07 Jul 2022CHF 79.5bCHF 16.2bCHF 1.7b37.8x46.7x4.9x
Sat, 04 Jun 2022CHF 82.6bCHF 16.2bCHF 1.7b42.7x48.5x5.1x
Price to Earnings Ratio

48.5x


Total Market Cap: CHF 82.6bTotal Earnings: CHF 1.7bTotal Revenue: CHF 16.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Medical Equipment Industry Price to Earnings3Y Average 43.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Swiss Medical 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 36.8x which is lower than its 3-year average PE of 43.7x.
  • The industry is trading close to its 3-year average PS ratio of 4.7x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 8.3% per year over the last three years.
  • Revenues for these companies have grown 2.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swiss Healthcare industry?

CH Market-0.47%
Healthcare-0.33%
Medical Equipment-2.43%
Medical Supplies-1.53%
Medical Equipment-3.42%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry even though it's trading below its 3-year average PE ratio of 65.8x.
    • Analysts are expecting annual earnings growth of 15.1%, which is lower than the prior year's growth of 22.8% per year.
  • Investors are most pessimistic about the Medical Equipment industry, which is trading close to its 3-year average of 35.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 23% per year.
  • In contrast, the Medical Equipment industry is expected to see its earnings grow by 14% 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
YPSN Ypsomed HoldingCHF 384.008.2%
+CHF 394.3m
-1.4%PE59.9x
MED Medartis HoldingCHF 80.406.2%
+CHF 58.3m
3.3%PE282.5x
CLTN COLTENE HoldingCHF 67.402.9%
+CHF 11.4m
32.2%PE19.7x
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