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Swiss (SMI) Industrials Sector Analysis

UpdatedJun 27, 2026
DataAggregated Company Financials
Companies47
  • 7D-1.5%
  • 3M19.8%
  • 1Y26.0%
  • YTD15.8%

The Industrials is pretty flat in the last 7 days, but Kuehne + Nagel International has stood out, gaining 7.6%. The past year has been better, since the industry has gained 31% in that time. As for the next few years, earnings are expected to grow by 9.6% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Jun 2026CHF 337.3bCHF 147.4bCHF 10.2b22.5x33.1x2.3x
Mon, 25 May 2026CHF 328.2bCHF 146.3bCHF 10.0b23.2x32.7x2.2x
Wed, 22 Apr 2026CHF 314.0bCHF 146.1bCHF 9.8b25.3x32x2.1x
Fri, 20 Mar 2026CHF 287.5bCHF 146.0bCHF 9.7b23x29.5x2x
Sun, 15 Feb 2026CHF 316.9bCHF 150.8bCHF 10.1b26.5x31.3x2.1x
Tue, 13 Jan 2026CHF 296.8bCHF 153.3bCHF 10.0b25.7x29.7x1.9x
Thu, 11 Dec 2025CHF 283.2bCHF 153.6bCHF 10.0b25x28.2x1.8x
Sat, 08 Nov 2025CHF 272.8bCHF 153.5bCHF 10.1b23.3x27.1x1.8x
Mon, 06 Oct 2025CHF 281.7bCHF 153.2bCHF 10.0b21.8x28.3x1.8x
Wed, 03 Sep 2025CHF 267.8bCHF 153.5bCHF 10.0b22.3x26.9x1.7x
Fri, 01 Aug 2025CHF 278.0bCHF 153.4bCHF 10.1b21.7x27.6x1.8x
Sun, 29 Jun 2025CHF 258.3bCHF 148.7bCHF 9.7b21.1x26.6x1.7x
Tue, 27 May 2025CHF 258.6bCHF 149.3bCHF 9.8b20.6x26.4x1.7x
Thu, 24 Apr 2025CHF 231.4bCHF 149.0bCHF 9.8b18.6x23.6x1.6x
Sat, 22 Mar 2025CHF 262.3bCHF 151.4bCHF 9.9b21.4x26.6x1.7x
Mon, 17 Feb 2025CHF 264.8bCHF 151.4bCHF 10.1b21.8x26.2x1.7x
Wed, 15 Jan 2025CHF 248.8bCHF 151.2bCHF 10.1b20.7x24.7x1.6x
Fri, 13 Dec 2024CHF 259.7bCHF 150.2bCHF 10.0b20.9x26x1.7x
Sun, 10 Nov 2024CHF 256.6bCHF 149.9bCHF 9.9b20.5x25.8x1.7x
Tue, 08 Oct 2024CHF 260.8bCHF 148.1bCHF 9.8b21.8x26.7x1.8x
Thu, 05 Sep 2024CHF 259.3bCHF 147.8bCHF 9.7b21.3x26.7x1.8x
Sat, 03 Aug 2024CHF 251.5bCHF 148.6bCHF 9.8b20.2x25.7x1.7x
Mon, 01 Jul 2024CHF 261.3bCHF 151.3bCHF 10.0b18.8x26.1x1.7x
Wed, 29 May 2024CHF 265.5bCHF 152.7bCHF 10.1b20.2x26.4x1.7x
Fri, 26 Apr 2024CHF 244.6bCHF 152.6bCHF 10.1b19.9x24.2x1.6x
Sun, 24 Mar 2024CHF 248.2bCHF 153.0bCHF 10.4b20.2x24x1.6x
Tue, 20 Feb 2024CHF 246.8bCHF 160.9bCHF 10.8b18.9x22.8x1.5x
Thu, 18 Jan 2024CHF 218.0bCHF 153.8bCHF 10.3b17.2x21.1x1.4x
Sat, 16 Dec 2023CHF 227.9bCHF 154.2bCHF 10.4b18.1x22x1.5x
Mon, 13 Nov 2023CHF 199.4bCHF 155.8bCHF 10.5b16.3x19x1.3x
Wed, 11 Oct 2023CHF 204.5bCHF 159.9bCHF 10.3b16.2x19.8x1.3x
Fri, 08 Sep 2023CHF 208.6bCHF 159.3bCHF 10.3b17.2x20.3x1.3x
Sun, 06 Aug 2023CHF 216.5bCHF 158.8bCHF 10.2b18.7x21.3x1.4x
Tue, 04 Jul 2023CHF 230.0bCHF 169.2bCHF 10.5b19.8x22x1.4x
Price to Earnings Ratio

22x


Total Market Cap: CHF 230.0bTotal Earnings: CHF 10.5bTotal Revenue: CHF 169.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Industrials Sector Price to Earnings3Y Average 25.8x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.7x which is higher than its 3-year average PE of 25.8x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 4.5% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

CH Market2.22%
Industrials-1.53%
Marine and Shipping6.60%
Commercial Services3.05%
Infrastructure2.34%
Professional Services2.25%
Transportation1.79%
Airlines0%0
Building-0.48%
Trade Distributors-1.04%
Machinery-1.65%
Electrical-3.30%
Construction-5.02%
Aerospace & Defense-5.54%
Industry PE
  • Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 46.8%, which is higher than its past year's earnings decline of 10.1% per year.
  • Investors are most pessimistic about the Commercial Services industry, which is trading close to its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KNIN Kuehne + Nagel InternationalCHF 193.706.6%
+CHF 1.4b		10.9%PE27.5x
GEBN GeberitCHF 544.203.3%
+CHF 580.3m		-13.4%PE29.6x
SGSN SGSCHF 93.542.9%
+CHF 530.1m		15.1%PE27.7x
FHZN Flughafen ZürichCHF 253.802.3%
+CHF 178.0m		12.8%PE22.5x
SFSN SFS GroupCHF 134.200.9%
+CHF 46.7m		21.3%PE23.8x

Latest News

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SGSN
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SGS
7D
2.9%
1Y
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SGSN: Recent Rating Shifts And Modest Assumption Changes Will Shape CHF 100 Case

SGS gets a modest price target lift to about CHF 99 from CHF 98, as analysts factor in slightly lower discount rate assumptions and steady expectations for revenue growth, profit margins and future P/E, supported by several recent upgrades and target revisions across the Street. Analyst Commentary Recent research on SGS points to a mixed but generally constructive tone, with several firms updating ratings and price targets as they reassess valuation, execution and growth expectations for the stock.
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7D
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1Y
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VACN: Higher Cycle Hopes Will Confront Rich Multiple And Execution Risks

The updated fair value for VAT Group has been increased to CHF 617 from CHF 603. This reflects analysts' higher price targets in recent research, based on their rationale around slightly stronger revenue growth, profit margins, and a marginally lower discount rate.
BUCN
CHF 320.00
Bucher Industries
7D
0.3%
1Y
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Narrative Update • Jun 23

BUCN: Steady 2026 Margins And Buyback Will Support Undervalued Upside

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ABBN
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ABB
7D
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1Y
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Narrative Update • Jun 22

ABBN: Automation And Electrification Projects Will Support Measured Long Term Upside

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HUBN
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Huber+Suhner
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SRAIL
CHF 23.10
Stadler Rail
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GEBN
CHF 544.20
Geberit
7D
3.3%
1Y
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Narrative Update • Jun 17

GEBN: Future Margins And Buybacks Will Likely Support Neutral Share Pricing

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SUN
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Sulzer
7D
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1Y
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Narrative Update • Jun 16

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FHZN
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KNIN
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7D
6.6%
1Y
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Narrative Update • Jun 15

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SFSN
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7D
0.9%
1Y
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