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Swiss (SMI) Electrical Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies5
  • 7D0.6%
  • 3M28.2%
  • 1Y37.2%
  • YTD14.9%

Over the last 7 days, the Electrical industry has remained flat, although notably Leclanché declined by 11%. As for the the longer term, the industry is up 37% over the past 12 months. Earnings are forecast to grow by 9.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Feb 2026CHF 138.6bCHF 28.4bCHF 3.8b45.9x36.6x4.9x
Tue, 20 Jan 2026CHF 119.4bCHF 30.2bCHF 3.8b39.8x31.3x4x
Thu, 18 Dec 2025CHF 113.2bCHF 30.1bCHF 3.8b35.3x29.8x3.8x
Sat, 15 Nov 2025CHF 111.8bCHF 30.0bCHF 3.8b29.1x29.5x3.7x
Mon, 13 Oct 2025CHF 115.2bCHF 29.6bCHF 3.6b31.6x31.8x3.9x
Wed, 10 Sep 2025CHF 111.0bCHF 29.4bCHF 3.6b30.3x30.8x3.8x
Fri, 08 Aug 2025CHF 106.7bCHF 29.7bCHF 3.6b28.7x29.4x3.6x
Sun, 06 Jul 2025CHF 92.8bCHF 28.7bCHF 3.5b26x26.3x3.2x
Tue, 03 Jun 2025CHF 90.7bCHF 29.5bCHF 3.6b20.4x25x3.1x
Thu, 01 May 2025CHF 85.1bCHF 29.8bCHF 3.7b18.7x23.2x2.9x
Sat, 29 Mar 2025CHF 92.5bCHF 31.8bCHF 3.8b22.1x24.7x2.9x
Mon, 24 Feb 2025CHF 102.4bCHF 32.2bCHF 3.8b25x27.1x3.2x
Wed, 22 Jan 2025CHF 101.7bCHF 32.2bCHF 3.8b24.6x27x3.2x
Fri, 20 Dec 2024CHF 96.4bCHF 32.0bCHF 3.7b23.4x25.8x3x
Sun, 17 Nov 2024CHF 99.1bCHF 31.6bCHF 3.7b24.6x26.8x3.1x
Tue, 15 Oct 2024CHF 98.7bCHF 30.5bCHF 3.5b26.3x28x3.2x
Thu, 12 Sep 2024CHF 91.3bCHF 30.3bCHF 3.5b25x26x3x
Sat, 10 Aug 2024CHF 89.8bCHF 30.7bCHF 3.5b22.8x25.4x2.9x
Mon, 08 Jul 2024CHF 97.8bCHF 31.7bCHF 3.5b24.7x28.1x3.1x
Wed, 05 Jun 2024CHF 96.5bCHF 31.5bCHF 3.5b24.1x27.8x3.1x
Fri, 03 May 2024CHF 89.3bCHF 32.4bCHF 3.6b25.2x25.1x2.8x
Sun, 31 Mar 2024CHF 82.7bCHF 32.2bCHF 3.7b21.9x22.6x2.6x
Tue, 27 Feb 2024CHF 79.4bCHF 31.5bCHF 3.6b15x22.1x2.5x
Thu, 25 Jan 2024CHF 71.8bCHF 30.3bCHF 3.7b17.1x19.5x2.4x
Sat, 23 Dec 2023CHF 73.6bCHF 30.1bCHF 3.7b18x20.1x2.4x
Mon, 20 Nov 2023CHF 66.7bCHF 31.1bCHF 3.8b16.5x17.7x2.1x
Wed, 18 Oct 2023CHF 64.8bCHF 31.1bCHF 3.4b17x19.2x2.1x
Fri, 15 Sep 2023CHF 64.7bCHF 30.9bCHF 3.4b17.6x19.3x2.1x
Sun, 13 Aug 2023CHF 67.2bCHF 30.2bCHF 3.3b18.1x20.3x2.2x
Tue, 11 Jul 2023CHF 68.8bCHF 29.8bCHF 2.9b17.2x23.9x2.3x
Thu, 08 Jun 2023CHF 70.0bCHF 30.4bCHF 2.9b17.4x23.8x2.3x
Sat, 06 May 2023CHF 66.2bCHF 29.9bCHF 2.9b18x22.9x2.2x
Mon, 03 Apr 2023CHF 62.8bCHF 29.1bCHF 2.4b17.2x25.6x2.2x
Wed, 01 Mar 2023CHF 63.1bCHF 29.8bCHF 2.5b18.8x25.1x2.1x
Price to Earnings Ratio

25.1x


Total Market Cap: CHF 63.1bTotal Earnings: CHF 2.5bTotal Revenue: CHF 29.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 25.4x202420252026
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 36.6x which is higher than its 3-year average PE of 25.4x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 15% 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 Market1.73%
Industrials1.39%
Electrical0.64%
Heavy Electrical Equipment4.55%
Electrical Components0.44%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 31.7x.
    • Analysts are expecting annual earnings growth of 15.5%, 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 25.1x.
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 9.3% 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 70.280.4%
+CHF 523.2m		34.5%PE36.1x
ACLN Accelleron IndustriesCHF 74.754.5%
+CHF 305.2m		74.1%PE46.4x
RSGN R&S Group HoldingCHF 22.905.3%
+CHF 42.8m		31.2%PE14.7x
HUBN Huber+SuhnerCHF 182.000.9%
+CHF 29.5m		129.5%PE45.9x
PMN Phoenix MecanoCHF 435.000.9%
+CHF 3.7m		1.6%PE14.1x

Latest News

ABBN
CHF 70.28
ABB
7D
0.4%
1Y
34.5%

ABBN: Data Center Dependence Will Test Execution As Expectations Remain Elevated

Analysts have raised their ABB fair value estimate to CHF 62.40. The revision is supported by higher assumed revenue growth, a slightly increased discount rate, firmer profit margin expectations, a higher future P/E, and recent CHF 5 price target increases from several banks.
HUBN
CHF 182.00
Huber+Suhner
7D
0.9%
1Y
129.5%

HUBN: Future Guidance Will Balance Softer Sales Outlook With Stable Margin Ambitions

Analysts have adjusted their price target for Huber+Suhner from CHF 168 to CHF 184.50, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News Huber+Suhner reaffirmed earnings guidance for 2025, targeting an operating profit margin (EBIT margin) of 10 to 11% for the year, in line with its updated guidance from December (company guidance).
ACLN
CHF 74.75
Accelleron Industries
7D
4.5%
1Y
74.1%

ACLN: Higher Multiple And Lower Margins Will Likely Pressure Future Returns

Analysts have raised their price target on Accelleron Industries to approximately €59.71 from around €41.27, citing updated assumptions related to higher revenue growth, a different discount rate and a higher future P/E multiple, partly offset by a lower profit margin outlook. Valuation Changes Fair Value: updated from €41.27 to €59.71, indicating a higher implied valuation per share.
PMN
CHF 435.00
Phoenix Mecano
7D
0.9%
1Y
1.6%

PMN: Refreshed Discount And Margin Assumptions Will Support Future Upside Potential

Analysts have nudged their price target on Phoenix Mecano slightly higher to reflect updated assumptions for discount rate, revenue growth of about 5.3% and profit margin of about 5.2%. This results in a fair value estimate of €526.72 per share that is broadly unchanged in headline terms but better supported by their refreshed model inputs.
RSGN
CHF 22.90
R&S Group Holding
7D
5.3%
1Y
31.2%

R&S Group Holding AG (VTX:RSGN) Shares Could Be 37% Below Their Intrinsic Value Estimate

Feb 04
R&S Group Holding AG (VTX:RSGN) Shares Could Be 37% Below Their Intrinsic Value Estimate
GAV
CHF 152.50
Carlo Gavazzi Holding
7D
-5.6%
1Y
-29.7%
LECN
CHF 0.10
Leclanché
7D
-10.7%
1Y
-61.9%