Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swiss (SMI) Electrical Industry Analysis

UpdatedSep 21, 2026
DataAggregated Company Financials
Companies6
  • 7D5.9%
  • 3M-8.0%
  • 1Y37.5%
  • YTD29.2%

Over the last 7 days, the Electrical industry has risen 1.4%, driven by gains from ABB of 1.7%. In the last 12 months, the industry was up 39%. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

Has the Swiss Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Sep 2026CHF 156.4bCHF 32.6bCHF 4.5b33.5x35x4.8x
Wed, 19 Aug 2026CHF 157.9bCHF 32.2bCHF 4.4b36.9x35.9x4.9x
Fri, 17 Jul 2026CHF 153.8bCHF 31.1bCHF 4.3b37x35.9x4.9x
Sun, 14 Jun 2026CHF 161.2bCHF 30.7bCHF 4.2b38.1x38.2x5.3x
Tue, 12 May 2026CHF 166.4bCHF 30.0bCHF 4.1b42.4x40.3x5.5x
Thu, 09 Apr 2026CHF 138.7bCHF 29.0bCHF 3.9b40.3x35.6x4.8x
Sat, 07 Mar 2026CHF 130.7bCHF 28.4bCHF 3.8b41.9x34.4x4.6x
Mon, 02 Feb 2026CHF 131.6bCHF 28.3bCHF 3.8b39.4x34.8x4.6x
Wed, 31 Dec 2025CHF 116.7bCHF 29.9bCHF 3.8b36.5x30.9x3.9x
Fri, 28 Nov 2025CHF 113.2bCHF 30.4bCHF 3.8b36.8x29.4x3.7x
Sun, 26 Oct 2025CHF 117.1bCHF 30.1bCHF 3.8b30.4x30.8x3.9x
Tue, 23 Sep 2025CHF 112.9bCHF 29.3bCHF 3.6b31x31.5x3.9x
Thu, 21 Aug 2025CHF 106.8bCHF 29.6bCHF 3.6b29x29.5x3.6x
Sat, 19 Jul 2025CHF 104.1bCHF 29.5bCHF 3.6b28.4x28.9x3.5x
Mon, 16 Jun 2025CHF 94.1bCHF 29.3bCHF 3.6b21.9x26.1x3.2x
Wed, 14 May 2025CHF 92.8bCHF 30.2bCHF 3.7b19.9x24.9x3.1x
Fri, 11 Apr 2025CHF 81.2bCHF 29.9bCHF 3.5b20x23.1x2.7x
Sun, 09 Mar 2025CHF 96.9bCHF 31.6bCHF 3.7b24.3x26.1x3.1x
Tue, 04 Feb 2025CHF 98.4bCHF 32.8bCHF 3.8b23.2x25.6x3x
Thu, 02 Jan 2025CHF 97.0bCHF 32.2bCHF 3.8b23.5x25.8x3x
Sat, 30 Nov 2024CHF 99.6bCHF 31.4bCHF 3.7b24.3x27.2x3.2x
Mon, 28 Oct 2024CHF 96.8bCHF 30.9bCHF 3.6b25.3x26.8x3.1x
Wed, 25 Sep 2024CHF 96.3bCHF 30.0bCHF 3.5b26.3x27.8x3.2x
Fri, 23 Aug 2024CHF 95.0bCHF 30.2bCHF 3.5b25.4x27.3x3.1x
Sun, 21 Jul 2024CHF 95.7bCHF 31.5bCHF 3.6b23.6x26.4x3x
Tue, 18 Jun 2024CHF 97.5bCHF 31.5bCHF 3.5b24.5x28.1x3.1x
Thu, 16 May 2024CHF 95.3bCHF 32.2bCHF 3.5b26.3x27x3x
Sat, 13 Apr 2024CHF 82.6bCHF 32.6bCHF 3.7b19.6x22.3x2.5x
Mon, 11 Mar 2024CHF 80.7bCHF 31.3bCHF 3.6b20.9x22.7x2.6x
Wed, 07 Feb 2024CHF 74.2bCHF 30.9bCHF 3.5b17.8x21.1x2.4x
Fri, 05 Jan 2024CHF 72.1bCHF 29.9bCHF 3.6b17.8x19.9x2.4x
Sun, 03 Dec 2023CHF 69.4bCHF 30.5bCHF 3.7b17.1x18.7x2.3x
Tue, 31 Oct 2023CHF 59.4bCHF 31.6bCHF 3.8b15x15.5x1.9x
Thu, 28 Sep 2023CHF 64.7bCHF 31.7bCHF 3.4b17x18.8x2x
Price to Earnings Ratio

18.8x


Total Market Cap: CHF 64.7bTotal Earnings: CHF 3.4bTotal Revenue: CHF 31.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 28x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.0x which is higher than its 3-year average PE of 28.0x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.8x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 9.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

CH Market-0.19%
Industrials3.31%
Electrical5.87%
Electrical Components5.95%
Heavy Electrical Equipment4.40%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 27.8x.
    • Analysts are expecting annual earnings growth of 8.9%, which is higher than its past year's earnings decline of 0.9% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading below its 3-year average of 35.6x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 8.9% 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
ABBN ABBCHF 80.026.1%
+CHF 8.3b		41.3%PE35.5x
ACLN Accelleron IndustriesCHF 73.354.4%
+CHF 291.5m		5.1%PE31.4x
RSGN R&S Group HoldingCHF 17.404.3%
+CHF 26.4m		-45.0%PE12.5x
HUBN Huber+SuhnerCHF 165.800.9%
+CHF 25.8m		15.9%PE42x
PMN Phoenix MecanoCHF 454.002.7%
+CHF 11.0m		4.1%PE14.3x

Latest News

RSGN
CHF 17.40
R&S Group Holding
7D
4.3%
1Y
-45.0%
ABBN
CHF 80.02
ABB
7D
6.1%
1Y
41.3%
Narrative Update • Sep 17

ABBN: Elevated P/E Will Rely On AI Electrification And DC Execution

Analysts have raised the fair value estimate for ABB from CHF 64.00 to CHF 69.00, reflecting updated price targets in the CHF 76 to CHF 96.40 range and revised assumptions on growth, margins and future P/E multiples. Analyst Commentary Recent research on ABB shows a mix of supportive and cautious views, with several firms updating ratings and price targets across both the Swiss listing and the ABBNY ADR.
ACLN
CHF 73.35
Accelleron Industries
7D
4.4%
1Y
5.1%
Narrative Update • Sep 17

ACLN: Higher Earnings Visibility And Mixed Ratings Will Likely Cap Future Upside

Accelleron Industries' analyst fair value estimate has increased from CHF 64.51 to CHF 76.52 as analysts factor in recent price target increases to CHF 76 and CHF 92, along with updated views on the company’s growth cycle and earnings profile. Analyst Commentary on Accelleron Industries Recent research on Accelleron Industries highlights a mix of optimism and caution.
HUBN
CHF 165.80
Huber+Suhner
7D
0.9%
1Y
15.9%
Narrative Update • Sep 17

HUBN: Data Center Connectivity Exposure Will Support Upside Despite Lower Future P E

Analysts have adjusted their fair value estimate for Huber+Suhner to CHF 200 from CHF 233, citing updated assumptions on growth, profitability and future P/E, along with fresh research that highlights the stock as a high quality connectivity exposure to data center spending. What’s in the News for Huber+Suhner Huber+Suhner provided earnings guidance for 2026 and still expects to reach an EBIT margin between 10.5% and 12.0%, which corresponds to the upper half of its medium term target range of 9% to 12%.
PMN
CHF 454.00
Phoenix Mecano
7D
2.7%
1Y
4.1%
GAV
CHF 163.00
Carlo Gavazzi Holding
7D
1.9%
1Y
0.9%