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Swiss (SMI) Electrical Industry Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies7
  • 7D5.5%
  • 3M26.4%
  • 1Y81.7%
  • YTD24.4%

In the last week, the Electrical industry is up 5.5%, with all of the companies up. In the last 12 months, the industry was up 82%. Looking forward, earnings are forecast to grow by 8.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026CHF 150.7bCHF 29.1bCHF 3.9b40.9x38.6x5.2x
Thu, 19 Mar 2026CHF 133.8bCHF 29.0bCHF 3.9b40.6x34.3x4.6x
Sat, 14 Feb 2026CHF 137.7bCHF 28.1bCHF 3.8b44.8x36.6x4.9x
Mon, 12 Jan 2026CHF 118.9bCHF 30.3bCHF 3.8b38.3x31.1x3.9x
Wed, 10 Dec 2025CHF 116.1bCHF 30.5bCHF 3.9b38.3x30.2x3.8x
Fri, 07 Nov 2025CHF 112.1bCHF 30.5bCHF 3.9b28.7x29.1x3.7x
Sun, 05 Oct 2025CHF 116.0bCHF 29.4bCHF 3.6b32x32.2x3.9x
Tue, 02 Sep 2025CHF 107.1bCHF 29.5bCHF 3.6b29.7x29.6x3.6x
Thu, 31 Jul 2025CHF 107.0bCHF 29.9bCHF 3.7b28.6x29.3x3.6x
Sat, 28 Jun 2025CHF 94.7bCHF 28.9bCHF 3.6b26.4x26.7x3.3x
Mon, 26 May 2025CHF 92.0bCHF 29.6bCHF 3.6b20.2x25.2x3.1x
Wed, 23 Apr 2025CHF 81.2bCHF 29.5bCHF 3.6b17.3x22.3x2.8x
Fri, 21 Mar 2025CHF 100.0bCHF 31.9bCHF 3.8b23.5x26.6x3.1x
Sun, 16 Feb 2025CHF 100.4bCHF 32.3bCHF 3.8b24.6x26.5x3.1x
Tue, 14 Jan 2025CHF 95.9bCHF 32.6bCHF 3.8b23.3x25.2x2.9x
Thu, 12 Dec 2024CHF 102.4bCHF 31.4bCHF 3.7b24.4x27.9x3.3x
Sat, 09 Nov 2024CHF 99.4bCHF 31.2bCHF 3.6b25.2x27.3x3.2x
Mon, 07 Oct 2024CHF 97.4bCHF 30.5bCHF 3.5b26x27.6x3.2x
Wed, 04 Sep 2024CHF 95.8bCHF 30.2bCHF 3.5b26.1x27.6x3.2x
Fri, 02 Aug 2024CHF 96.6bCHF 31.1bCHF 3.6b23.9x27x3.1x
Sun, 30 Jun 2024CHF 97.9bCHF 31.8bCHF 3.5b24.5x28x3.1x
Tue, 28 May 2024CHF 98.3bCHF 32.6bCHF 3.6b27.7x27.6x3x
Thu, 25 Apr 2024CHF 88.3bCHF 32.6bCHF 3.6b24.8x24.7x2.7x
Sat, 23 Mar 2024CHF 84.0bCHF 32.0bCHF 3.6b21.2x23.1x2.6x
Mon, 19 Feb 2024CHF 78.8bCHF 31.5bCHF 3.6b14.9x21.9x2.5x
Wed, 17 Jan 2024CHF 71.7bCHF 30.3bCHF 3.7b17.1x19.5x2.4x
Fri, 15 Dec 2023CHF 73.9bCHF 30.4bCHF 3.7b17.9x20.1x2.4x
Sun, 12 Nov 2023CHF 63.6bCHF 31.6bCHF 3.8b15.8x16.5x2x
Tue, 10 Oct 2023CHF 64.4bCHF 31.2bCHF 3.4b17x19x2.1x
Thu, 07 Sep 2023CHF 66.6bCHF 30.7bCHF 3.4b18.1x19.8x2.2x
Sat, 05 Aug 2023CHF 68.6bCHF 30.1bCHF 3.3b18.5x20.9x2.3x
Mon, 03 Jul 2023CHF 69.7bCHF 30.0bCHF 2.9b17.3x24x2.3x
Wed, 31 May 2023CHF 69.2bCHF 30.3bCHF 2.9b17.4x23.6x2.3x
Fri, 28 Apr 2023CHF 66.5bCHF 30.0bCHF 2.9b17.6x22.9x2.2x
Price to Earnings Ratio

22.9x


Total Market Cap: CHF 66.5bTotal Earnings: CHF 2.9bTotal Revenue: CHF 30.0bTotal 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 38.6x 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 5.2x.
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 Market2.01%
Industrials4.61%
Electrical5.50%
Electrical Components5.52%
Heavy Electrical Equipment5.09%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 25.6x.
    • 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 33.6x.
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 74.263.7%
+CHF 4.8b		76.0%PE38x
HUBN Huber+SuhnerCHF 219.007.6%
+CHF 286.1m		227.4%PE54.4x
ACLN Accelleron IndustriesCHF 81.801.1%
+CHF 79.8m		102.1%PE42.4x
RSGN R&S Group HoldingCHF 26.648.3%
+CHF 75.8m		37.6%PE17x
GAV Carlo Gavazzi HoldingCHF 156.002.6%
+CHF 2.8m		-19.6%PE54.6x

Latest News

RSGN
CHF 26.64
R&S Group Holding
7D
8.3%
1Y
37.6%
LECN
CHF 0.097
Leclanché
7D
-2.0%
1Y
-52.5%
ABBN
CHF 74.26
ABB
7D
3.7%
1Y
76.0%

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 219.00
Huber+Suhner
7D
7.6%
1Y
227.4%

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 421.00
Phoenix Mecano
7D
0.2%
1Y
-0.7%

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.
ACLN
CHF 81.80
Accelleron Industries
7D
1.1%
1Y
102.1%

ACLN: Higher Dividend And Buybacks Will Support A More Optimistic Future P/E

Analysts have increased the fair value estimate for Accelleron Industries to CHF 86.65 from CHF 85.21, reflecting recent price target revisions to CHF 70 and CHF 74 and updated assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research reports show that bullish analysts have raised their price targets on Accelleron Industries to CHF 70 and CHF 74, while maintaining Hold ratings.
GAV
CHF 156.00
Carlo Gavazzi Holding
7D
2.6%
1Y
-19.6%