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Swiss (SMI) Electrical Industry Analysis

UpdatedMay 07, 2026
DataAggregated Company Financials
Companies6
  • 7D7.8%
  • 3M24.9%
  • 1Y88.1%
  • YTD35.9%

Over the last 7 days, the Electrical industry has risen 7.8%, driven by gains from ABB of 7.5%. During this same period, the Leclanché underperformed, falling 7.7%. In the last 12 months, the industry was up 88%. As for the next few years, earnings are expected to grow by 7.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 16 Jun 2023CHF 72.6bCHF 29.9bCHF 2.9b17.8x25.1x2.4x
Sun, 14 May 2023CHF 68.3bCHF 30.1bCHF 2.9b18.2x23.5x2.3x
Price to Earnings Ratio

23.5x


Total Market Cap: CHF 68.3bTotal Earnings: CHF 2.9bTotal Revenue: CHF 30.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 26.1x202420252026
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 39.8x which is higher than its 3-year average PE of 26.1x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 5.5x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 12% 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 Market2.30%
Industrials5.26%
Electrical7.78%
Electrical Components7.86%
Heavy Electrical Equipment6.42%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 25.8x.
    • Analysts are expecting annual earnings growth of 7.7%, 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 33.9x.
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 82.407.5%
+CHF 10.4b		85.9%PE39.5x
HUBN Huber+SuhnerCHF 271.5021.7%
+CHF 895.2m		266.4%PE67.4x
ACLN Accelleron IndustriesCHF 88.905.9%
+CHF 464.8m		93.5%PE46x
RSGN R&S Group HoldingCHF 28.5610.7%
+CHF 102.5m		33.5%PE18.3x
PMN Phoenix MecanoCHF 443.005.5%
+CHF 21.1m		3.0%PE14.7x

Latest News

HUBN
CHF 271.50
Huber+Suhner
7D
21.7%
1Y
266.4%
RSGN
CHF 28.56
R&S Group Holding
7D
10.7%
1Y
33.5%
ABBN
CHF 82.40
ABB
7D
7.5%
1Y
85.9%
Narrative Update • May 02

ABBN: Elevated P/E Will Face Test From Mixed Execution Versus Lofty Expectations

Analysts have nudged the average price target on ABB higher by roughly CHF 1, reflecting recent target raises at several banks, along with mixed rating changes and updated assumptions on growth, margins and future P/E levels. Analyst Commentary Recent Street research on ABB reflects a split view, with several banks lifting price targets in both CHF and €, while others have taken the opportunity to downgrade the stock or outline more cautious assumptions on growth and valuation.
ACLN
CHF 88.90
Accelleron Industries
7D
5.9%
1Y
93.5%
PMN
CHF 443.00
Phoenix Mecano
7D
5.5%
1Y
3.0%
LECN
CHF 0.093
Leclanché
7D
-7.7%
1Y
-57.2%
GAV
CHF 152.50
Carlo Gavazzi Holding
7D
2.3%
1Y
-21.8%