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Swiss (SMI) Industrials Sector Analysis

UpdatedMay 12, 2026
DataAggregated Company Financials
Companies47
  • 7D3.7%
  • 3M4.4%
  • 1Y24.7%
  • YTD12.8%

The Industrials industry is up 3.7% in the last week, with ABB up 0.7%. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 9.7% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 13 May 2026CHF 328.6bCHF 146.1bCHF 10.0b23.7x32.9x2.2x
Fri, 10 Apr 2026CHF 303.6bCHF 146.6bCHF 9.9b23.3x30.8x2.1x
Sun, 08 Mar 2026CHF 296.2bCHF 145.2bCHF 9.7b24.1x30.7x2x
Tue, 03 Feb 2026CHF 309.9bCHF 151.4bCHF 10.0b24.9x31x2x
Thu, 01 Jan 2026CHF 287.5bCHF 153.2bCHF 10.0b25.7x28.8x1.9x
Sat, 29 Nov 2025CHF 280.0bCHF 153.6bCHF 10.0b25.5x27.9x1.8x
Mon, 27 Oct 2025CHF 284.3bCHF 153.1bCHF 10.0b21.8x28.3x1.9x
Wed, 24 Sep 2025CHF 279.3bCHF 153.1bCHF 9.9b21.5x28.1x1.8x
Fri, 22 Aug 2025CHF 275.8bCHF 153.5bCHF 10.0b22.9x27.6x1.8x
Sun, 20 Jul 2025CHF 271.3bCHF 149.3bCHF 9.7b22.4x27.8x1.8x
Tue, 17 Jun 2025CHF 262.0bCHF 149.4bCHF 9.8b21.3x26.8x1.8x
Thu, 15 May 2025CHF 258.0bCHF 150.3bCHF 9.9b20.2x26x1.7x
Sat, 12 Apr 2025CHF 222.7bCHF 148.3bCHF 9.6b18.6x23.2x1.5x
Mon, 10 Mar 2025CHF 261.6bCHF 151.8bCHF 10.0b20.8x26.2x1.7x
Wed, 05 Feb 2025CHF 253.4bCHF 151.3bCHF 10.1b21x25.1x1.7x
Fri, 03 Jan 2025CHF 252.1bCHF 150.9bCHF 10.0b21.1x25.1x1.7x
Sun, 01 Dec 2024CHF 256.0bCHF 149.9bCHF 9.9b20.9x25.8x1.7x
Tue, 29 Oct 2024CHF 258.5bCHF 149.6bCHF 9.9b21.2x26.2x1.7x
Thu, 26 Sep 2024CHF 265.2bCHF 148.2bCHF 9.8b21x27.2x1.8x
Sat, 24 Aug 2024CHF 262.5bCHF 148.0bCHF 9.7b21.4x27.1x1.8x
Mon, 22 Jul 2024CHF 259.8bCHF 150.5bCHF 10.1b20.2x25.7x1.7x
Wed, 19 Jun 2024CHF 264.2bCHF 150.5bCHF 10.0b19.5x26.5x1.8x
Fri, 17 May 2024CHF 261.3bCHF 152.3bCHF 10.0b20.6x26x1.7x
Sun, 14 Apr 2024CHF 243.7bCHF 153.8bCHF 10.4b20.3x23.4x1.6x
Tue, 12 Mar 2024CHF 248.2bCHF 156.2bCHF 10.6b20.3x23.4x1.6x
Thu, 08 Feb 2024CHF 238.6bCHF 160.5bCHF 10.7b18.9x22.2x1.5x
Sat, 06 Jan 2024CHF 221.7bCHF 152.9bCHF 10.3b17.6x21.6x1.4x
Mon, 04 Dec 2023CHF 212.9bCHF 154.0bCHF 10.4b17.4x20.5x1.4x
Wed, 01 Nov 2023CHF 190.2bCHF 156.0bCHF 10.5b15.5x18.1x1.2x
Fri, 29 Sep 2023CHF 203.2bCHF 160.4bCHF 10.3b16.3x19.6x1.3x
Sun, 27 Aug 2023CHF 206.9bCHF 158.8bCHF 10.1b17.3x20.4x1.3x
Tue, 25 Jul 2023CHF 231.2bCHF 169.4bCHF 10.9b18.6x21.2x1.4x
Thu, 22 Jun 2023CHF 229.0bCHF 169.3bCHF 10.5b19x21.9x1.4x
Sat, 20 May 2023CHF 232.1bCHF 168.8bCHF 10.5b19.9x22.2x1.4x
Price to Earnings Ratio

22.2x


Total Market Cap: CHF 232.1bTotal Earnings: CHF 10.5bTotal Revenue: CHF 168.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Industrials Sector Price to Earnings3Y Average 25.4x202420252026
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 32.9x which is higher than its 3-year average PE of 25.3x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.2x.
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 4.8% 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 Market0.88%
Industrials3.70%
Aerospace & Defense10.55%
Electrical6.69%
Commercial Services3.34%
Construction2.01%
Building1.05%
Marine and Shipping0.76%
Machinery0.74%
Professional Services0.60%
Trade Distributors0.55%
Airlines0%0
Infrastructure-0.82%
Transportation-1.93%
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 46.5%, which is higher than its past year's earnings decline of 38.0% per year.
  • Investors are most pessimistic about the Transportation industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.9x.
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 38% 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
ABBN ABBCHF 81.160.7%
+CHF 1.0b		72.1%PE38.8x
HUBN Huber+SuhnerCHF 277.0019.9%
+CHF 849.0m		260.7%PE68.8x
ADEN Adecco GroupCHF 18.303.2%
+CHF 190.5m		-25.2%PE11.7x
SFSN SFS GroupCHF 122.001.5%
+CHF 70.0m		5.5%PE21.7x
DAE Dätwyler HoldingCHF 166.402.2%
+CHF 61.2m		36.4%PE35x

Latest News

ABBN
CHF 81.16
ABB
7D
0.7%
1Y
72.1%
INRN
CHF 1,636.00
Interroll Holding
7D
2.5%
1Y
-19.0%
ACLN
CHF 84.45
Accelleron Industries
7D
-3.1%
1Y
74.6%
Narrative Update • May 10

ACLN: Higher Future P E And Softer Margins Will Pressure Returns

Accelleron Industries’ fair value estimate has been adjusted to CHF 61.23 from CHF 59.71, alongside higher Street price targets of CHF 70 to CHF 74, as analysts factor in updated assumptions on the discount rate, revenue growth, profit margins, and a lower future P/E. Analyst Commentary Recent Street research on Accelleron points to a more cautious tone around the stock, even as fair value estimates and price targets are updated.
BRKN
CHF 179.20
Burkhalter Holding
7D
-3.2%
1Y
40.2%
SUN
CHF 144.70
Sulzer
7D
-2.4%
1Y
-5.9%
GEBN
CHF 510.80
Geberit
7D
-1.5%
1Y
-12.7%
Analysis Article • May 08

The Geberit AG (VTX:GEBN) First-Quarter Results Are Out And Analysts Have Published New Forecasts

As you might know, Geberit AG ( VTX:GEBN ) recently reported its quarterly numbers. Geberit reported in line with...
AERO
CHF 22.55
Montana Aerospace
7D
4.2%
1Y
11.9%
HUBN
CHF 277.00
Huber+Suhner
7D
19.9%
1Y
260.7%
DAE
CHF 166.40
Dätwyler Holding
7D
2.2%
1Y
36.4%
Narrative Update • May 05

DAE: Drug Delivery Collaboration Will Support Bullish Outlook On Future Earnings

Analysts have adjusted their price target for Dätwyler Holding to CHF183.50 from CHF179.67, reflecting updated assumptions for revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: CHF183.50 compared with CHF179.67, a modest upward revision in the modelled estimate.
RSGN
CHF 25.30
R&S Group Holding
7D
-7.5%
1Y
9.5%
VACN
CHF 581.40
VAT Group
7D
-2.8%
1Y
76.4%
Narrative Update • May 04

VACN: Elevated P E Multiples Will Likely Face Pressure From Execution Risks

VAT Group's updated analyst price target of CHF 465, up from CHF 355.58, reflects analysts incorporating Street research that points to slightly higher projected revenue growth, a modestly higher discount rate, and a richer future P/E multiple, alongside relatively stable profit margin expectations. Analyst Commentary Recent Street research on VAT Group shows a wide range of price targets, with several firms setting levels between CHF 466 and CHF 620.
ADEN
CHF 18.30
Adecco Group
7D
3.2%
1Y
-25.2%
Narrative Update • May 02

ADEN: Repeated Downgrades And Index Removal Will Restrain Future Share Rerating

Narrative Update: Adecco Group The updated analyst work supports a slightly higher price target of CHF 15.92 from CHF 15.91, as analysts factor in modest adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions following recent target cuts from Citi and Morgan Stanley and a rating move to Neutral at UBS. Analyst Commentary Recent Street research on Adecco Group points to a more cautious tone, with several price targets adjusted lower and at least one downgrade that shifts the balance of opinion toward a wait and see stance.
BOSN
CHF 165.00
Bossard Holding
7D
3.8%
1Y
-14.9%
SFSN
CHF 122.00
SFS Group
7D
1.5%
1Y
5.5%
SGSN
CHF 84.52
SGS
7D
-1.1%
1Y
-0.5%
Narrative Update • Apr 27

SGSN: AI Safety And Autonomous Systems Expansion Will Support CHF 112 Upside

Analysts have trimmed their average price target on SGS by about CHF 0.08. This reflects small adjustments to fair value assumptions and updated views on future P/E and margins following recent mixed target changes from Citi, JPMorgan and Morgan Stanley.
SCHN
CHF 254.50
Schindler Holding
7D
-1.7%
1Y
-10.4%
Analysis Article • Apr 26

Schindler Holding AG (VTX:SCHN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Schindler Holding AG ( VTX:SCHN ) came out with its first-quarter results last week, and we wanted to see how the...