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Swiss (SMI) Industrials Sector Analysis

UpdatedDec 02, 2025
DataAggregated Company Financials
Companies47
  • 7D2.4%
  • 3M1.5%
  • 1Y1.9%
  • YTD3.7%

In the last week, the Industrials industry is up 2.7%, with ABB up 2.6%. In the same time, Adecco Group was down 6.7%. Overall in the last year, the industry is flat. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Dec 2025CHF 279.2bCHF 153.6bCHF 10.0b25.7x27.8x1.8x
Thu, 30 Oct 2025CHF 282.9bCHF 153.4bCHF 10.1b21.5x28.1x1.8x
Sat, 27 Sep 2025CHF 275.2bCHF 153.2bCHF 10.0b21.4x27.6x1.8x
Mon, 25 Aug 2025CHF 278.5bCHF 153.2bCHF 9.9b23.2x28x1.8x
Wed, 23 Jul 2025CHF 268.9bCHF 148.8bCHF 9.7b22.2x27.7x1.8x
Fri, 20 Jun 2025CHF 254.9bCHF 149.4bCHF 9.8b20.9x26x1.7x
Sun, 18 May 2025CHF 259.7bCHF 150.0bCHF 9.9b20.9x26.3x1.7x
Tue, 15 Apr 2025CHF 228.0bCHF 148.1bCHF 9.6b19x23.8x1.5x
Thu, 13 Mar 2025CHF 259.8bCHF 152.1bCHF 10.0b20.5x26x1.7x
Sat, 08 Feb 2025CHF 255.4bCHF 151.4bCHF 10.1b21x25.3x1.7x
Mon, 06 Jan 2025CHF 252.8bCHF 151.0bCHF 10.1b21.2x25.1x1.7x
Wed, 04 Dec 2024CHF 259.0bCHF 150.0bCHF 10.0b21.2x26x1.7x
Fri, 01 Nov 2024CHF 255.6bCHF 149.6bCHF 9.9b20.8x25.9x1.7x
Sun, 29 Sep 2024CHF 265.8bCHF 147.7bCHF 9.7b22x27.4x1.8x
Tue, 27 Aug 2024CHF 261.3bCHF 148.0bCHF 9.7b21.3x27x1.8x
Thu, 25 Jul 2024CHF 264.1bCHF 150.2bCHF 10.0b20.5x26.4x1.8x
Sat, 22 Jun 2024CHF 260.7bCHF 151.1bCHF 10.0b20x26.1x1.7x
Mon, 20 May 2024CHF 259.6bCHF 152.5bCHF 10.1b20.3x25.8x1.7x
Wed, 17 Apr 2024CHF 245.0bCHF 153.7bCHF 10.4b20.2x23.5x1.6x
Fri, 15 Mar 2024CHF 250.7bCHF 156.3bCHF 10.6b20.2x23.7x1.6x
Sun, 11 Feb 2024CHF 239.1bCHF 160.7bCHF 10.7b18.4x22.3x1.5x
Tue, 09 Jan 2024CHF 222.2bCHF 152.8bCHF 10.3b17.7x21.6x1.5x
Thu, 07 Dec 2023CHF 214.2bCHF 154.1bCHF 10.4b17.5x20.6x1.4x
Sat, 04 Nov 2023CHF 197.1bCHF 155.5bCHF 10.5b16.1x18.8x1.3x
Mon, 02 Oct 2023CHF 204.5bCHF 160.4bCHF 10.3b16.5x19.8x1.3x
Wed, 30 Aug 2023CHF 211.4bCHF 158.6bCHF 10.1b17.4x20.9x1.3x
Fri, 28 Jul 2023CHF 217.2bCHF 157.9bCHF 10.1b17.9x21.5x1.4x
Sun, 25 Jun 2023CHF 228.4bCHF 169.2bCHF 10.5b19.2x21.8x1.3x
Tue, 23 May 2023CHF 231.6bCHF 168.9bCHF 10.5b19.7x22.1x1.4x
Thu, 20 Apr 2023CHF 226.5bCHF 171.2bCHF 10.4b20.2x21.9x1.3x
Sat, 18 Mar 2023CHF 219.1bCHF 171.1bCHF 10.2b23.6x21.4x1.3x
Mon, 13 Feb 2023CHF 225.0bCHF 172.0bCHF 10.5b22.5x21.3x1.3x
Wed, 11 Jan 2023CHF 216.5bCHF 171.5bCHF 12.0b19.4x18x1.3x
Fri, 09 Dec 2022CHF 204.9bCHF 171.7bCHF 12.1b19.2x17x1.2x
Price to Earnings Ratio

17x


Total Market Cap: CHF 204.9bTotal Earnings: CHF 12.1bTotal Revenue: CHF 171.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Industrials Sector Price to Earnings3Y Average 23.9x202320242025
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 27.9x which is higher than its 3-year average PE of 23.9x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 5.9% per year over the last three years,
  • Revenues have also declined 3.6% 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 Industrials sector?

CH Market1.57%
Industrials2.38%
Aerospace & Defense13.41%
Marine and Shipping4.21%
Machinery3.30%
Transportation2.95%
Electrical2.45%
Construction1.83%
Trade Distributors1.66%
Building1.65%
Infrastructure0.67%
Commercial Services0%0
Airlines0%0
Professional Services-1.26%
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 38.9% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Commercial Services industry, which is trading below its 3-year average of 16.3x.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 39% over the next 5 years.
  • In contrast, the Commercial Services 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
ABBN ABBCHF 57.222.6%
+CHF 2.7b		12.2%PE29.1x
VACN VAT GroupCHF 364.709.4%
+CHF 941.2m		5.3%PE48.9x
KNIN Kuehne + Nagel InternationalCHF 162.104.2%
+CHF 777.7m		-24.0%PE18.9x
SCHN Schindler HoldingCHF 274.501.7%
+CHF 483.3m		10.5%PE29.5x
SUN SulzerCHF 141.007.0%
+CHF 310.3m		5.5%PE17.4x

Latest News

ABBN
CHF 57.22
ABB
7D
2.6%
1Y
12.2%

ABBN: Execution And Sector Competition Will Define Post-Bid Performance Outlook

Analysts have raised ABB's price target modestly from $55.45 to $56.44, citing increasing profit margin expectations and recent sector coverage updates as influencing factors. Analyst Commentary Recent Street research has highlighted both strengths and concerns surrounding ABB's valuation and growth prospects.
LECN
CHF 0.14
Leclanché
7D
-3.4%
1Y
-6.7%

Leclanché SA's (VTX:LECN) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Nov 28
Leclanché SA's (VTX:LECN) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors
SCHN
CHF 274.50
Schindler Holding
7D
1.7%
1Y
10.5%

SCHN: Asian Market Agreement And Sector Pressures Will Shape Future Outlook

Analysts have slightly adjusted their price targets for Schindler Holding, with recent estimates ranging from CHF 287 to CHF 296. This reflects mixed views driven by both firm-specific and broader sector considerations.
SUN
CHF 141.00
Sulzer
7D
7.0%
1Y
5.5%

SUN: Long-Term Value Will Prevail Despite Softer Industrial Demand

Analysts have lowered their price target for Sulzer from CHF 189 to CHF 173, citing softer industrial and oil and gas demand due to ongoing tariff uncertainties and global conflicts. Analyst Commentary Analysts have shared their perspectives on Sulzer in light of the revised price target.
ADEN
CHF 22.50
Adecco Group
7D
-6.7%
1Y
-4.6%

ADEN: Improving Temp Volumes And Ratings Upgrades Will Influence Medium-Term Prospects

Adecco Group's analyst price target saw a modest increase from €26.89 to €26.96, as analysts note improving industry volumes and a reassessment of outlook among European staffing firms. Analyst Commentary Recent upgrades in Adecco Group’s analyst coverage reflect a changing sentiment within the staffing sector.
ACLN
CHF 62.00
Accelleron Industries
7D
-0.9%
1Y
25.3%

ACLN: Shares Will Reflect Confidence As Earnings Guidance Remains Unchanged For 2025

Analysts have slightly reduced their fair value target for Accelleron Industries, lowering it to CHF 68.66 from CHF 68.68. They cite marginal improvements in revenue growth and profit margin as supporting factors.
DOKA
CHF 65.90
dormakaba Holding
7D
5.4%
1Y
0%

DOKA: U S Access Market Momentum Will Support Earnings Upside Ahead

Analysts have slightly raised their fair value estimate for dormakaba Holding from CHF 81.13 to CHF 82.11. This revision is attributed to renewed optimism following recent positive coverage and an improved outlook on the company’s earnings potential in key markets.
AERO
CHF 24.95
Montana Aerospace
7D
13.4%
1Y
62.6%

Montana Aerospace AG (VTX:AERO) Not Doing Enough For Some Investors As Its Shares Slump 25%

Nov 23
Montana Aerospace AG (VTX:AERO) Not Doing Enough For Some Investors As Its Shares Slump 25%
GEBN
CHF 624.00
Geberit
7D
0.9%
1Y
16.9%

GEBN: Profit Margin Expansion Will Face Persistent Obstacles Despite Upward Momentum

Geberit’s analyst fair value target has increased modestly from CHF 560.75 to CHF 566.88. This reflects analysts' updated expectations for steady revenue growth and improved profit margins, following recent price target hikes from major investment banks.
DAE
CHF 156.60
Dätwyler Holding
7D
-0.5%
1Y
13.5%
VACN
CHF 364.70
VAT Group
7D
9.4%
1Y
5.3%

VACN: Share Price Will Reflect Recovery Outlook And Consistent Profitability Forecasts

Analysts have modestly revised their price targets for VAT Group downward. Recent adjustments reflect a cautious outlook, as updated targets ranged from CHF 285 to CHF 340 based on tempered expectations for sector recovery and company performance.
KNIN
CHF 162.10
Kuehne + Nagel International
7D
4.2%
1Y
-24.0%

KNIN: Margin Pressures And Cost Focus Will Shape Near-Term Outlook

Kuehne + Nagel International's average analyst price target declined modestly from CHF 161.88 to CHF 158.94, as analysts cite persistent margin pressures and revised estimates in spite of ongoing cost management efforts. Analyst Commentary Recent street research on Kuehne & Nagel International highlights both encouraging signs and ongoing headwinds for the company as analysts adjust their price targets and recommendations in response to operational trends, strategic choices, and market dynamics.
BRKN
CHF 140.00
Burkhalter Holding
7D
-2.2%
1Y
53.5%

What Burkhalter Holding AG's (VTX:BRKN) P/E Is Not Telling You

Nov 09
What Burkhalter Holding AG's (VTX:BRKN) P/E Is Not Telling You
KOMN
CHF 59.10
Komax Holding
7D
-3.3%
1Y
-48.6%

Komax Holding AG (VTX:KOMN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 08
Komax Holding AG (VTX:KOMN) Shares Could Be 31% Below Their Intrinsic Value Estimate
STGN
CHF 29.90
StarragTornos Group
7D
-1.3%
1Y
-20.1%
KLIN
CHF 10.30
Klingelnberg
7D
-1.0%
1Y
-22.0%