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

Swiss (SMI) Electrical Industry Analysis

UpdatedJan 22, 2026
DataAggregated Company Financials
Companies5
  • 7D-0.1%
  • 3M2.5%
  • 1Y14.3%
  • YTD-1.8%

Over the last 7 days, the Electrical industry has dropped 1.0%, driven by a pullback from ABB of 1.6%. On the other hand Accelleron Industries is actually up 7.2%. Over the past 12 months, the industry was up 18%. Looking forward, earnings are forecast to grow by 9.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Jan 2026CHF 118.5bCHF 30.0bCHF 3.8b39.5x31.3x3.9x
Sat, 20 Dec 2025CHF 115.6bCHF 30.1bCHF 3.8b35.2x30.4x3.8x
Mon, 17 Nov 2025CHF 111.8bCHF 30.0bCHF 3.8b29.1x29.5x3.7x
Wed, 15 Oct 2025CHF 115.6bCHF 29.5bCHF 3.6b31.7x31.9x3.9x
Fri, 12 Sep 2025CHF 113.0bCHF 29.4bCHF 3.6b30.9x31.4x3.8x
Sun, 10 Aug 2025CHF 107.7bCHF 29.7bCHF 3.6b28.9x29.6x3.6x
Tue, 08 Jul 2025CHF 93.4bCHF 28.8bCHF 3.5b26x26.4x3.2x
Thu, 05 Jun 2025CHF 92.9bCHF 29.5bCHF 3.6b20.9x25.5x3.1x
Sat, 03 May 2025CHF 88.9bCHF 29.8bCHF 3.7b19x24.2x3x
Mon, 31 Mar 2025CHF 92.5bCHF 31.8bCHF 3.8b22.1x24.7x2.9x
Wed, 26 Feb 2025CHF 96.3bCHF 32.1bCHF 3.8b24x25.6x3x
Fri, 24 Jan 2025CHF 105.3bCHF 32.3bCHF 3.8b25.4x28x3.3x
Sun, 22 Dec 2024CHF 96.5bCHF 31.8bCHF 3.7b23.5x26x3x
Tue, 19 Nov 2024CHF 97.9bCHF 31.6bCHF 3.7b24.4x26.5x3.1x
Thu, 17 Oct 2024CHF 97.7bCHF 30.7bCHF 3.6b26x27.4x3.2x
Sat, 14 Sep 2024CHF 93.4bCHF 30.2bCHF 3.5b25.9x26.7x3.1x
Mon, 12 Aug 2024CHF 89.8bCHF 30.7bCHF 3.5b22.8x25.4x2.9x
Wed, 10 Jul 2024CHF 98.2bCHF 31.8bCHF 3.5b24.7x28.1x3.1x
Fri, 07 Jun 2024CHF 99.3bCHF 31.5bCHF 3.5b24.6x28.6x3.1x
Sun, 05 May 2024CHF 89.2bCHF 32.3bCHF 3.5b25.2x25.2x2.8x
Tue, 02 Apr 2024CHF 82.7bCHF 32.2bCHF 3.7b21.9x22.6x2.6x
Thu, 29 Feb 2024CHF 79.4bCHF 31.4bCHF 3.6b15x22.2x2.5x
Sat, 27 Jan 2024CHF 72.6bCHF 30.3bCHF 3.7b17.3x19.7x2.4x
Mon, 25 Dec 2023CHF 73.6bCHF 30.1bCHF 3.6b18.1x20.2x2.4x
Wed, 22 Nov 2023CHF 66.6bCHF 31.0bCHF 3.8b16.5x17.7x2.1x
Fri, 20 Oct 2023CHF 60.2bCHF 31.4bCHF 3.8b15x15.8x1.9x
Sun, 17 Sep 2023CHF 65.2bCHF 31.0bCHF 3.4b17.7x19.4x2.1x
Tue, 15 Aug 2023CHF 67.6bCHF 30.3bCHF 3.3b18.1x20.4x2.2x
Thu, 13 Jul 2023CHF 70.1bCHF 29.1bCHF 2.8b17.8x24.9x2.4x
Sat, 10 Jun 2023CHF 70.7bCHF 30.2bCHF 2.9b17.5x24.2x2.3x
Mon, 08 May 2023CHF 66.2bCHF 29.9bCHF 2.9b18x22.9x2.2x
Wed, 05 Apr 2023CHF 62.0bCHF 28.9bCHF 2.4b17x25.5x2.1x
Fri, 03 Mar 2023CHF 63.4bCHF 29.9bCHF 2.5b19.5x25.1x2.1x
Sun, 29 Jan 2023CHF 64.3bCHF 29.0bCHF 3.9b16x16.5x2.2x
Price to Earnings Ratio

16.5x


Total Market Cap: CHF 64.3bTotal Earnings: CHF 3.9bTotal Revenue: CHF 29.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 25x202420252026
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 31.5x which is higher than its 3-year average PE of 25.0x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Electrical industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

CH Market-1.66%
Industrials-0.27%
Electrical-0.14%
Heavy Electrical Equipment8.97%
Electrical Components-0.62%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 30.4x.
    • Analysts are expecting annual earnings growth of 15.0%, which is lower than the prior year's growth of 36.7% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 24.7x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 37% per year.
  • 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
ACLN Accelleron IndustriesCHF 68.659.0%
+CHF 530.5m		48.3%PE41.7x
HUBN Huber+SuhnerCHF 156.803.6%
+CHF 99.6m		99.7%PE39.5x
RSGN R&S Group HoldingCHF 15.404.8%
+CHF 26.0m		-26.0%PE9.9x
LECN LeclanchéCHF 0.164.6%
+CHF 10.5m		-21.1%PS12.3x
PMN Phoenix MecanoCHF 434.001.9%
+CHF 7.4m		3.3%PE13.9x

Latest News

HUBN
CHF 156.80
Huber+Suhner
7D
3.6%
1Y
99.7%

HUBN: Future Guidance Will Balance Softer Sales Outlook With Resilient Margin Profile

Analysts have nudged their fair value estimate for Huber+Suhner slightly lower to CHF 168.00 from CHF 168.25, reflecting updated assumptions on discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Company updated its earnings guidance for fiscal 2025, now expecting net sales to be around 3% below 2024 levels, compared with earlier guidance that had pointed to net sales at the prior year level, mainly due to currency effects (Key Developments).
GAV
CHF 156.00
Carlo Gavazzi Holding
7D
-2.5%
1Y
-16.1%
ACLN
CHF 68.65
Accelleron Industries
7D
9.0%
1Y
48.3%

ACLN: Fair Outlook Will Reflect Stable Margins And Higher Risk Pricing

Analysts have nudged their price target on Accelleron Industries slightly lower to €68.86 from €68.92, citing updated assumptions around the discount rate and future P/E multiples, while keeping revenue growth and profit margin expectations broadly unchanged. Valuation Changes Fair Value: slightly lower, moving from €68.92 to €68.86 per share.
ABBN
CHF 59.76
ABB
7D
-0.7%
1Y
11.6%

ABBN: Higher Fair Value View Will Rely On Data Center Expansion

Analysts have raised their fair value estimate for ABB from about $63.81 to roughly $72.70, citing updated assumptions related to revenue growth, discount rates, profit margins and future P/E levels. What's in the News Blackstone is reported to be close to a roughly US$4b deal for MacLean Power Systems after ABB chose not to increase its competing offer, according to people familiar with the matter (Bloomberg / M&A talks).
LECN
CHF 0.16
Leclanché
7D
4.6%
1Y
-21.1%
RSGN
CHF 15.40
R&S Group Holding
7D
4.8%
1Y
-26.0%

Does R&S Group Holding (VTX:RSGN) Have A Healthy Balance Sheet?

Nov 30
Does R&S Group Holding (VTX:RSGN) Have A Healthy Balance Sheet?
PMN
CHF 434.00
Phoenix Mecano
7D
1.9%
1Y
3.3%