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Swiss (SMI) Electrical Industry Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies6
  • 7D2.8%
  • 3M24.5%
  • 1Y82.1%
  • YTD22.2%

The Electrical industry is up 2.8% in the last week, with ABB up 2.8%. This means that the industry has gained 82% over the past year. Looking forward, earnings are forecast to grow by 7.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026CHF 147.9bCHF 29.1bCHF 3.9b39.9x37.8x5.1x
Fri, 20 Mar 2026CHF 130.4bCHF 28.9bCHF 3.9b38.8x33.6x4.5x
Sun, 15 Feb 2026CHF 137.7bCHF 28.1bCHF 3.8b44.8x36.7x4.9x
Tue, 13 Jan 2026CHF 119.7bCHF 30.2bCHF 3.8b38.5x31.4x4x
Thu, 11 Dec 2025CHF 116.5bCHF 30.4bCHF 3.8b39x30.4x3.8x
Sat, 08 Nov 2025CHF 111.2bCHF 30.4bCHF 3.8b28.6x28.9x3.7x
Mon, 06 Oct 2025CHF 116.0bCHF 29.4bCHF 3.6b32x32.2x3.9x
Wed, 03 Sep 2025CHF 105.2bCHF 29.7bCHF 3.6b29.2x28.9x3.5x
Fri, 01 Aug 2025CHF 107.2bCHF 29.8bCHF 3.7b28.6x29.3x3.6x
Sun, 29 Jun 2025CHF 94.7bCHF 28.9bCHF 3.6b26.4x26.7x3.3x
Tue, 27 May 2025CHF 93.1bCHF 29.6bCHF 3.6b20.6x25.5x3.1x
Thu, 24 Apr 2025CHF 82.9bCHF 29.9bCHF 3.7b17.7x22.5x2.8x
Sat, 22 Mar 2025CHF 98.3bCHF 31.9bCHF 3.8b23.2x26.2x3.1x
Mon, 17 Feb 2025CHF 100.4bCHF 32.3bCHF 3.8b24.6x26.5x3.1x
Wed, 15 Jan 2025CHF 96.5bCHF 32.5bCHF 3.8b23.3x25.5x3x
Fri, 13 Dec 2024CHF 102.1bCHF 31.6bCHF 3.7b24.2x27.7x3.2x
Sun, 10 Nov 2024CHF 99.4bCHF 31.2bCHF 3.6b25.2x27.3x3.2x
Tue, 08 Oct 2024CHF 97.2bCHF 30.3bCHF 3.5b26.2x27.7x3.2x
Thu, 05 Sep 2024CHF 93.7bCHF 30.0bCHF 3.5b25.8x27.1x3.1x
Sat, 03 Aug 2024CHF 88.7bCHF 30.5bCHF 3.5b22.7x25.3x2.9x
Mon, 01 Jul 2024CHF 97.9bCHF 31.8bCHF 3.5b24.5x28x3.1x
Wed, 29 May 2024CHF 97.8bCHF 32.5bCHF 3.6b27.7x27.5x3x
Fri, 26 Apr 2024CHF 88.2bCHF 32.5bCHF 3.6b24.8x24.7x2.7x
Sun, 24 Mar 2024CHF 84.1bCHF 32.0bCHF 3.6b21.2x23.1x2.6x
Tue, 20 Feb 2024CHF 78.7bCHF 31.5bCHF 3.6b14.8x21.9x2.5x
Thu, 18 Jan 2024CHF 71.4bCHF 30.4bCHF 3.7b16.9x19.4x2.4x
Sat, 16 Dec 2023CHF 74.2bCHF 30.6bCHF 3.7b18.1x20x2.4x
Mon, 13 Nov 2023CHF 63.6bCHF 31.6bCHF 3.8b15.8x16.5x2x
Wed, 11 Oct 2023CHF 65.8bCHF 31.2bCHF 3.4b17.4x19.4x2.1x
Fri, 08 Sep 2023CHF 66.3bCHF 30.7bCHF 3.4b18x19.7x2.2x
Sun, 06 Aug 2023CHF 68.6bCHF 30.1bCHF 3.3b18.5x20.8x2.3x
Tue, 04 Jul 2023CHF 68.6bCHF 30.0bCHF 2.9b17.1x23.6x2.3x
Thu, 01 Jun 2023CHF 68.4bCHF 30.6bCHF 3.0b17.2x23.1x2.2x
Sat, 29 Apr 2023CHF 66.3bCHF 29.9bCHF 2.9b17.4x22.9x2.2x
Price to Earnings Ratio

22.9x


Total Market Cap: CHF 66.3bTotal Earnings: CHF 2.9bTotal Revenue: CHF 29.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 25.9x202420252026
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 37.8x which is higher than its 3-year average PE of 25.9x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 5.1x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 11% 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-0.95%
Industrials1.63%
Electrical2.82%
Electrical Components2.93%
Heavy Electrical Equipment1.01%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 7.7%, which is higher than its past year's earnings decline of 11.1% per year.
  • Investors are most pessimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average of 33.7x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 12% 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 7.7% 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 74.202.8%
+CHF 3.6b		79.7%PE37.7x
HUBN Huber+SuhnerCHF 224.008.7%
+CHF 332.2m		236.3%PE55.6x
RSGN R&S Group HoldingCHF 27.249.4%
+CHF 86.9m		39.1%PE17.4x
GAV Carlo Gavazzi HoldingCHF 157.004.0%
+CHF 4.3m		-19.1%PE54.9x

Latest News

RSGN
CHF 27.24
R&S Group Holding
7D
9.4%
1Y
39.1%
LECN
CHF 0.099
Leclanché
7D
-0.4%
1Y
-51.2%
ABBN
CHF 74.20
ABB
7D
2.8%
1Y
79.7%

ABBN: Elevated Future P/E Will Struggle Against Mixed Execution And Margin Risks

ABB's analyst price target has been revised higher to roughly CHF 55, up about CHF 2, as analysts factor in recent target hikes from UBS, RBC Capital and JPMorgan, along with updates to long term growth and P/E assumptions, partly offset by a fresh downgrade and a slightly lower profit margin outlook. Analyst Commentary Recent Street research on ABB presents a mixed picture, with several firms lifting price targets while at least one bearish analyst has moved to a more cautious stance.
HUBN
CHF 224.00
Huber+Suhner
7D
8.7%
1Y
236.3%

HUBN: Stable Outlook As Margin Guidance And DAA Rollout Will Shape Returns

Analysts have kept their CHF 206.00 price target for Huber+Suhner unchanged, pointing to only minor tweaks in assumptions such as the discount rate and future P/E that do not materially alter their view of fair value. What's in the News Huber+Suhner and Aurora Networks are working with Vodafone Germany on next generation Distributed Access Architecture and Virtual CMTS technologies to support upgrades of Vodafone's Hybrid Fiber Coax network and improve internet service quality for cable customers in Germany (Key Developments).
PMN
CHF 417.00
Phoenix Mecano
7D
-0.5%
1Y
-1.0%

PMN: Lower Discount Rate Will Underpin Further Upside Potential

Analysts have revised their price target for Phoenix Mecano to CHF 532.97. This reflects updated assumptions on the discount rate, revenue growth and profit margin that support a steady view of the group’s fair value.
GAV
CHF 157.00
Carlo Gavazzi Holding
7D
4.0%
1Y
-19.1%