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Swiss (SMI) Electrical Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies5
  • 7D-2.3%
  • 3M10.2%
  • 1Y32.5%
  • YTD6.6%

Over the last 7 days, the Electrical industry has dropped 2.3%, driven by a pullback from ABB of 2.5%. In the past year, the industry has gained 32%. As for the next few years, earnings are expected to grow by 9.1% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026CHF 128.4bCHF 28.8bCHF 3.9b38.6x33.2x4.5x
Thu, 19 Feb 2026CHF 139.1bCHF 28.3bCHF 3.8b46x36.8x4.9x
Sat, 17 Jan 2026CHF 121.9bCHF 30.4bCHF 3.8b40.2x31.8x4x
Mon, 15 Dec 2025CHF 115.4bCHF 30.1bCHF 3.8b38.5x30.3x3.8x
Wed, 12 Nov 2025CHF 113.2bCHF 30.2bCHF 3.8b29.2x29.6x3.7x
Fri, 10 Oct 2025CHF 116.4bCHF 29.7bCHF 3.6b31.7x31.9x3.9x
Sun, 07 Sep 2025CHF 109.7bCHF 29.5bCHF 3.6b30x30.4x3.7x
Tue, 05 Aug 2025CHF 106.3bCHF 29.7bCHF 3.6b28.6x29.2x3.6x
Thu, 03 Jul 2025CHF 93.3bCHF 28.6bCHF 3.5b26.2x26.5x3.3x
Sat, 31 May 2025CHF 91.5bCHF 29.7bCHF 3.7b20.6x25.1x3.1x
Mon, 28 Apr 2025CHF 85.0bCHF 29.9bCHF 3.7b18.3x23.1x2.8x
Wed, 26 Mar 2025CHF 97.7bCHF 31.9bCHF 3.8b23.1x26x3.1x
Fri, 21 Feb 2025CHF 102.6bCHF 32.3bCHF 3.8b24.9x27.1x3.2x
Sun, 19 Jan 2025CHF 99.9bCHF 32.5bCHF 3.8b24.1x26.3x3.1x
Tue, 17 Dec 2024CHF 102.4bCHF 31.8bCHF 3.7b24.1x27.6x3.2x
Thu, 14 Nov 2024CHF 98.7bCHF 31.6bCHF 3.7b24.7x26.8x3.1x
Sat, 12 Oct 2024CHF 98.7bCHF 30.5bCHF 3.5b26.3x28x3.2x
Mon, 09 Sep 2024CHF 89.7bCHF 29.9bCHF 3.4b24.9x26.1x3x
Wed, 07 Aug 2024CHF 86.6bCHF 30.3bCHF 3.5b22.3x24.9x2.9x
Fri, 05 Jul 2024CHF 99.2bCHF 31.8bCHF 3.5b25x28.3x3.1x
Sun, 02 Jun 2024CHF 97.1bCHF 32.0bCHF 3.5b24.3x27.6x3x
Tue, 30 Apr 2024CHF 89.8bCHF 32.5bCHF 3.6b25.2x25.2x2.8x
Thu, 28 Mar 2024CHF 82.9bCHF 32.2bCHF 3.7b21.7x22.6x2.6x
Sat, 24 Feb 2024CHF 79.4bCHF 31.5bCHF 3.6b14.9x22.1x2.5x
Mon, 22 Jan 2024CHF 69.9bCHF 30.5bCHF 3.7b16.7x18.9x2.3x
Wed, 20 Dec 2023CHF 74.1bCHF 30.3bCHF 3.7b18x20.2x2.4x
Fri, 17 Nov 2023CHF 66.3bCHF 31.2bCHF 3.8b16.6x17.5x2.1x
Sun, 15 Oct 2023CHF 65.3bCHF 31.1bCHF 3.4b17.1x19.3x2.1x
Tue, 12 Sep 2023CHF 65.7bCHF 30.8bCHF 3.3b18x19.7x2.1x
Thu, 10 Aug 2023CHF 68.3bCHF 30.2bCHF 3.3b18x20.6x2.3x
Sat, 08 Jul 2023CHF 68.8bCHF 29.8bCHF 2.9b17.2x23.8x2.3x
Mon, 05 Jun 2023CHF 69.7bCHF 30.4bCHF 2.9b17.5x23.7x2.3x
Wed, 03 May 2023CHF 66.0bCHF 29.9bCHF 2.9b17.8x22.8x2.2x
Fri, 31 Mar 2023CHF 61.7bCHF 29.1bCHF 2.4b17.3x25.2x2.1x
Price to Earnings Ratio

25.2x


Total Market Cap: CHF 61.7bTotal Earnings: CHF 2.4bTotal Revenue: CHF 29.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electrical Industry Price to Earnings3Y Average 25.7x202420252026
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 33.2x which is higher than its 3-year average PE of 25.7x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 17% 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-3.48%
Industrials-2.36%
Electrical-2.34%
Heavy Electrical Equipment-1.50%
Electrical Components-2.39%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 32.9x.
    • Analysts are expecting annual earnings growth of 11.5%, which is lower than the prior year's growth of 36.9% 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 25.4x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 11% 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
HUBN Huber+SuhnerCHF 175.601.3%
+CHF 40.6m		126.9%PE43.6x
PMN Phoenix MecanoCHF 407.001.8%
+CHF 6.5m		-6.4%PE13.2x
LECN LeclanchéCHF 0.120.8%
+CHF 1.5m		-46.7%PS9.3x

Latest News

GAV
CHF 154.00
Carlo Gavazzi Holding
7D
-3.1%
1Y
-24.1%
ACLN
CHF 75.30
Accelleron Industries
7D
-1.5%
1Y
69.3%
ABBN
CHF 64.78
ABB
7D
-2.5%
1Y
29.6%
HUBN
CHF 175.60
Huber+Suhner
7D
1.3%
1Y
126.9%

HUBN: Dividend And Margin Guidance Will Sustain Elevated P E Risk

Analysts have lifted their price target for Huber+Suhner from CHF147 to CHF152, reflecting updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News Annual dividend of CHF 2.00 per share announced, payable on April 9, 2026, with ex-date on April 7, 2026 and record date on April 8, 2026 (Key Developments).
PMN
CHF 407.00
Phoenix Mecano
7D
1.8%
1Y
-6.4%

PMN: Slightly Higher Discount Rate Will Still Support Further Upside Potential

Analysts have made a marginal downward revision to their Phoenix Mecano price target to CHF 532.97 from CHF 533.19, citing slightly higher assumed discount rates, along with modestly adjusted long term revenue growth and profit margin inputs in their models. Valuation Changes Fair Value: CHF 533.19 has shifted slightly to CHF 532.97, reflecting a marginal adjustment in the model output.
RSGN
CHF 21.75
R&S Group Holding
7D
-3.1%
1Y
9.8%

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
LECN
CHF 0.12
Leclanché
7D
0.8%
1Y
-46.7%