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Swiss (SMI) Electrical Industry Analysis

UpdatedJul 12, 2026
DataAggregated Company Financials
Companies6
  • 7D-4.7%
  • 3M14.8%
  • 1Y72.6%
  • YTD35.4%

Over the last 7 days, the Electrical industry has dropped 4.7%, driven by a pullback from ABB of 4.3%. In contrast, Carlo Gavazzi Holding has gained 6.9%. Over the past 12 months, the industry was up 73%. As for the next few years, earnings are expected to grow by 8.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Jul 2026CHF 163.7bCHF 31.1bCHF 4.3b38.4x38.2x5.3x
Tue, 09 Jun 2026CHF 163.5bCHF 30.7bCHF 4.2b39.2x38.7x5.3x
Thu, 07 May 2026CHF 164.4bCHF 30.0bCHF 4.1b42.7x39.8x5.5x
Sat, 04 Apr 2026CHF 130.4bCHF 29.3bCHF 3.9b37.4x33.1x4.4x
Mon, 02 Mar 2026CHF 141.2bCHF 28.1bCHF 3.8b45.4x37.6x5x
Wed, 28 Jan 2026CHF 121.9bCHF 29.1bCHF 3.7b38.4x33.2x4.2x
Fri, 26 Dec 2025CHF 116.7bCHF 29.8bCHF 3.8b36.3x31.1x3.9x
Sun, 23 Nov 2025CHF 108.3bCHF 30.5bCHF 3.9b35.1x28.1x3.5x
Tue, 21 Oct 2025CHF 116.5bCHF 30.0bCHF 3.8b30.4x30.7x3.9x
Thu, 18 Sep 2025CHF 110.2bCHF 29.1bCHF 3.6b30.4x30.9x3.8x
Sat, 16 Aug 2025CHF 107.6bCHF 29.7bCHF 3.6b29x29.6x3.6x
Mon, 14 Jul 2025CHF 94.3bCHF 28.8bCHF 3.5b26.3x26.7x3.3x
Wed, 11 Jun 2025CHF 94.0bCHF 29.7bCHF 3.7b21.9x25.7x3.2x
Fri, 09 May 2025CHF 88.7bCHF 30.0bCHF 3.7b19.2x24x3x
Sun, 06 Apr 2025CHF 80.8bCHF 31.2bCHF 3.7b19.7x22x2.6x
Tue, 04 Mar 2025CHF 95.9bCHF 32.2bCHF 3.8b24x25.4x3x
Thu, 30 Jan 2025CHF 100.5bCHF 32.3bCHF 3.8b24.4x26.7x3.1x
Sat, 28 Dec 2024CHF 97.9bCHF 32.1bCHF 3.7b23.7x26.2x3.1x
Mon, 25 Nov 2024CHF 99.5bCHF 31.8bCHF 3.7b24.4x26.7x3.1x
Wed, 23 Oct 2024CHF 97.5bCHF 30.9bCHF 3.6b25.7x27x3.2x
Fri, 20 Sep 2024CHF 96.3bCHF 30.1bCHF 3.5b26.3x27.6x3.2x
Sun, 18 Aug 2024CHF 93.7bCHF 30.8bCHF 3.5b23.2x26.5x3x
Tue, 16 Jul 2024CHF 101.6bCHF 31.7bCHF 3.5b25.4x29.2x3.2x
Thu, 13 Jun 2024CHF 98.2bCHF 31.7bCHF 3.5b25.1x28.2x3.1x
Sat, 11 May 2024CHF 93.3bCHF 32.3bCHF 3.5b25.9x26.4x2.9x
Mon, 08 Apr 2024CHF 82.4bCHF 32.2bCHF 3.7b19.8x22.5x2.6x
Wed, 06 Mar 2024CHF 79.6bCHF 31.6bCHF 3.6b16.6x22.1x2.5x
Fri, 02 Feb 2024CHF 73.7bCHF 30.5bCHF 3.5b17.9x21.2x2.4x
Sun, 31 Dec 2023CHF 73.7bCHF 29.6bCHF 3.6b18.3x20.5x2.5x
Tue, 28 Nov 2023CHF 66.9bCHF 30.9bCHF 3.8b16.5x17.8x2.2x
Thu, 26 Oct 2023CHF 59.2bCHF 31.4bCHF 3.8b15.1x15.5x1.9x
Sat, 23 Sep 2023CHF 64.2bCHF 31.3bCHF 3.4b17.2x18.9x2.1x
Mon, 21 Aug 2023CHF 64.7bCHF 30.4bCHF 3.3b17x19.4x2.1x
Wed, 19 Jul 2023CHF 69.7bCHF 28.9bCHF 2.8b17.8x25x2.4x
Price to Earnings Ratio

25x


Total Market Cap: CHF 69.7bTotal Earnings: CHF 2.8bTotal Revenue: CHF 28.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 27x202420252026
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 38.2x which is higher than its 3-year average PE of 27.0x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 2.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CH Market-1.44%
Industrials-3.63%
Electrical-4.70%
Electrical Components-4.51%
Heavy Electrical Equipment-8.14%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 26.8x.
    • Analysts are expecting annual earnings growth of 7.9%, which is higher than its past year's earnings decline of 4.1% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average of 34.9x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 39% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 7.9% 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
GAV Carlo Gavazzi HoldingCHF 155.006.9%
+CHF 7.1m		-21.3%PE60.4x
PMN Phoenix MecanoCHF 416.001.0%
+CHF 3.5m		-7.8%PE13.1x

Latest News

ACLN
CHF 76.90
Accelleron Industries
7D
-7.5%
1Y
34.1%
Narrative Update • Jul 08

ACLN: Future Outlook Will Balance Higher Dividend With Earnings Margin Assumptions

Analysts have lifted their price target for Accelleron Industries to CHF78.34 from CHF68.16, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E, which they view as better reflecting the company’s current outlook. What’s in the News for Accelleron Industries At the 2026 Annual General Meeting held on April 28, 2026, Accelleron Industries AG shareholders approved a dividend of CHF 1.50 per share for the 2025 financial year, compared with CHF 1.25 per share for the prior year (source: company AGM resolution).
GAV
CHF 155.00
Carlo Gavazzi Holding
7D
6.9%
1Y
-21.3%
ABBN
CHF 83.58
ABB
7D
-4.3%
1Y
75.8%
Narrative Update • Jul 06

ABBN: AI Electrification Hype Will Test Execution As Expectations Stay Elevated

Analysts have raised ABB’s fair value estimate from CHF 62.40 to CHF 77.53, citing updated models that reflect expectations for AI‑related electrification demand, exposure to a potential improvement in industrial activity, and ongoing investment in global energy infrastructure. Analyst Commentary Recent Street research on ABB reflects a mix of optimism around growth opportunities in electrification and automation alongside some caution on execution and valuation.
HUBN
CHF 193.40
Huber+Suhner
7D
-11.7%
1Y
114.2%
Narrative Update • Jul 02

HUBN: Cloud Fiber Partnership Will Support Measured Upside With P E Risk

Analysts have revised their price target for Huber+Suhner to CHF233 from CHF200, citing updated assumptions for revenue growth, profit margins and forward P/E that adjust the stock's assessed fair value and risk profile. What’s in the News for Huber+Suhner Huber+Suhner has worked with Microsoft’s Azure team in Romsey, UK, to develop hollow core fiber (HCF) cable and connector solutions that are already deployed in the Azure network, source: Key Developments.
RSGN
CHF 23.30
R&S Group Holding
7D
-13.1%
1Y
-16.2%
PMN
CHF 416.00
Phoenix Mecano
7D
1.0%
1Y
-7.8%