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Swiss (SMI) Industrials Sector Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies47
  • 7D0.7%
  • 3M2.8%
  • 1Y7.2%
  • YTD6.4%

In the last week, Industrials has been flat. The past year has been better, since the industry has gained 6.9% in that time. As for the next few years, earnings are expected to grow by 11% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025CHF 286.7bCHF 153.1bCHF 10.0b25.4x28.7x1.9x
Fri, 21 Nov 2025CHF 270.9bCHF 153.6bCHF 10.0b25.9x27x1.8x
Sun, 19 Oct 2025CHF 279.8bCHF 153.6bCHF 10.1b22x27.6x1.8x
Tue, 16 Sep 2025CHF 282.6bCHF 153.2bCHF 9.9b22x28.4x1.8x
Thu, 14 Aug 2025CHF 279.5bCHF 153.3bCHF 10.0b23.2x28x1.8x
Sat, 12 Jul 2025CHF 261.8bCHF 148.5bCHF 9.7b21.3x27x1.8x
Mon, 09 Jun 2025CHF 260.2bCHF 149.5bCHF 9.8b20.9x26.5x1.7x
Wed, 07 May 2025CHF 247.0bCHF 149.4bCHF 9.8b19.8x25.1x1.7x
Fri, 04 Apr 2025CHF 235.4bCHF 150.3bCHF 9.8b19.7x24x1.6x
Sun, 02 Mar 2025CHF 256.2bCHF 151.2bCHF 10.2b21.4x25.1x1.7x
Tue, 28 Jan 2025CHF 263.3bCHF 150.9bCHF 10.0b21.5x26.3x1.7x
Thu, 26 Dec 2024CHF 251.1bCHF 150.7bCHF 10.0b21x25.1x1.7x
Sat, 23 Nov 2024CHF 254.2bCHF 150.3bCHF 10.0b20.6x25.4x1.7x
Mon, 21 Oct 2024CHF 262.2bCHF 148.7bCHF 9.9b21.6x26.5x1.8x
Wed, 18 Sep 2024CHF 260.5bCHF 148.0bCHF 9.7b20.7x26.7x1.8x
Fri, 16 Aug 2024CHF 258.5bCHF 149.0bCHF 9.8b20.1x26.4x1.7x
Sun, 14 Jul 2024CHF 269.4bCHF 151.6bCHF 10.0b19.8x27x1.8x
Tue, 11 Jun 2024CHF 266.6bCHF 151.4bCHF 10.0b19.5x26.6x1.8x
Thu, 09 May 2024CHF 256.7bCHF 152.4bCHF 10.1b20.5x25.5x1.7x
Sat, 06 Apr 2024CHF 246.4bCHF 153.4bCHF 10.4b21x23.8x1.6x
Mon, 04 Mar 2024CHF 247.6bCHF 156.6bCHF 10.6b19.9x23.3x1.6x
Wed, 31 Jan 2024CHF 224.0bCHF 153.5bCHF 10.3b17.7x21.7x1.5x
Fri, 29 Dec 2023CHF 225.3bCHF 152.6bCHF 10.2b18.2x22x1.5x
Sun, 26 Nov 2023CHF 209.4bCHF 155.0bCHF 10.4b17.3x20.1x1.4x
Tue, 24 Oct 2023CHF 189.8bCHF 159.6bCHF 10.8b15.4x17.6x1.2x
Thu, 21 Sep 2023CHF 206.8bCHF 159.6bCHF 10.3b17x20.1x1.3x
Sat, 19 Aug 2023CHF 206.5bCHF 159.0bCHF 10.1b17.3x20.4x1.3x
Mon, 17 Jul 2023CHF 233.4bCHF 167.9bCHF 10.4b20.1x22.5x1.4x
Wed, 14 Jun 2023CHF 236.8bCHF 169.4bCHF 10.5b19.8x22.6x1.4x
Fri, 12 May 2023CHF 229.2bCHF 168.9bCHF 10.5b20.6x21.9x1.4x
Sun, 09 Apr 2023CHF 217.7bCHF 170.6bCHF 10.2b19.2x21.2x1.3x
Tue, 07 Mar 2023CHF 230.0bCHF 170.7bCHF 10.1b23.1x22.7x1.3x
Thu, 02 Feb 2023CHF 225.2bCHF 171.6bCHF 12.0b20.4x18.8x1.3x
Sat, 31 Dec 2022CHF 205.2bCHF 171.5bCHF 12.1b18.8x17x1.2x
Price to Earnings Ratio

17x


Total Market Cap: CHF 205.2bTotal Earnings: CHF 12.1bTotal Revenue: CHF 171.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Industrials Sector Price to Earnings3Y Average 24.1x202320242025
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 28.5x which is higher than its 3-year average PE of 24.1x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 6.1% per year over the last three years,
  • Revenues have also declined 3.7% 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 Market1.46%
Industrials0.66%
Aerospace & Defense12.89%
Infrastructure2.88%
Construction2.40%
Transportation2.19%
Electrical1.23%
Professional Services1.17%
Commercial Services0.88%
Machinery0.74%
Airlines0%0
Trade Distributors-0.72%
Building-0.75%
Marine and Shipping-2.58%
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 38.4% 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 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 38% over the next 5 years.
  • 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
ABBN ABBCHF 59.141.3%
+CHF 1.3b		20.2%PE30.6x
SCHN Schindler HoldingCHF 281.001.1%
+CHF 322.2m		14.5%PE30.2x
SGSN SGSCHF 90.761.7%
+CHF 286.5m		0.1%PE28x
FHZN Flughafen ZürichCHF 250.402.9%
+CHF 214.9m		16.2%PE22.9x
AERO Montana AerospaceCHF 27.1512.9%
+CHF 193.8m		93.9%PE59.8x

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ABBN
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ABB
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GF
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1Y
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DAE
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VAT Group
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1Y
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FHZN
CHF 250.40
Flughafen Zürich
7D
2.9%
1Y
16.2%

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The analyst price target for Flughafen Zürich has inched higher, rising by about CHF 4. This reflects analysts' more supportive views on regulated earnings resilience and cash flow visibility, despite a slightly more cautious stance on the stock's near term risk reward.
SGSN
CHF 90.76
SGS
7D
1.7%
1Y
0.1%

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KNIN
CHF 171.55
Kuehne + Nagel International
7D
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1Y
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BELIMO Holding
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Adecco Group
7D
-1.1%
1Y
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CHF 27.15
Montana Aerospace
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1Y
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Interroll Holding
7D
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1Y
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