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Swiss (SMI) Machinery Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.9%
  • 3M8.5%
  • 1Y-2.0%
  • YTD3.4%

The Machinery is pretty flat in the last 7 days, but Stadler Rail has stood out, gaining 4.1%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026CHF 73.3bCHF 33.4bCHF 2.2b25.4x33x2.2x
Sat, 23 May 2026CHF 71.2bCHF 33.4bCHF 2.2b24.1x32.1x2.1x
Mon, 20 Apr 2026CHF 73.8bCHF 33.6bCHF 2.2b25.8x33.3x2.2x
Wed, 18 Mar 2026CHF 69.5bCHF 33.2bCHF 2.1b23.5x32.4x2.1x
Fri, 13 Feb 2026CHF 77.7bCHF 37.9bCHF 2.4b27.3x32x2x
Sun, 11 Jan 2026CHF 76.7bCHF 38.0bCHF 2.4b30.5x31.6x2x
Tue, 09 Dec 2025CHF 72.3bCHF 38.0bCHF 2.4b29x29.8x1.9x
Thu, 06 Nov 2025CHF 69.4bCHF 38.0bCHF 2.4b24.2x28.4x1.8x
Sat, 04 Oct 2025CHF 73.3bCHF 38.1bCHF 2.5b20.7x29.9x1.9x
Mon, 01 Sep 2025CHF 71.8bCHF 38.1bCHF 2.5b22.3x29.3x1.9x
Wed, 30 Jul 2025CHF 73.9bCHF 38.3bCHF 2.5b20.8x29.1x1.9x
Fri, 27 Jun 2025CHF 66.6bCHF 34.7bCHF 2.3b19.3x29.2x1.9x
Sun, 25 May 2025CHF 66.7bCHF 34.6bCHF 2.3b20.4x29.4x1.9x
Tue, 22 Apr 2025CHF 60.6bCHF 34.5bCHF 2.2b17.9x27x1.8x
Thu, 20 Mar 2025CHF 69.1bCHF 34.9bCHF 2.3b20.6x29.5x2x
Sat, 15 Feb 2025CHF 67.3bCHF 35.3bCHF 2.4b20.5x27.5x1.9x
Mon, 13 Jan 2025CHF 63.4bCHF 35.4bCHF 2.5b19.2x25.7x1.8x
Wed, 11 Dec 2024CHF 64.6bCHF 35.4bCHF 2.5b19.5x26.2x1.8x
Fri, 08 Nov 2024CHF 65.7bCHF 35.4bCHF 2.5b20.4x26.6x1.9x
Sun, 06 Oct 2024CHF 67.6bCHF 35.4bCHF 2.4b21.2x27.7x1.9x
Tue, 03 Sep 2024CHF 67.8bCHF 35.4bCHF 2.4b22.3x27.7x1.9x
Thu, 01 Aug 2024CHF 67.8bCHF 35.8bCHF 2.5b20.8x26.9x1.9x
Sat, 29 Jun 2024CHF 67.8bCHF 36.4bCHF 2.6b18.5x26.1x1.9x
Mon, 27 May 2024CHF 70.8bCHF 36.3bCHF 2.6b20.8x27.3x2x
Wed, 24 Apr 2024CHF 66.1bCHF 36.3bCHF 2.6b19.2x25.5x1.8x
Fri, 22 Mar 2024CHF 68.3bCHF 36.4bCHF 2.6b20.2x26.6x1.9x
Sun, 18 Feb 2024CHF 69.3bCHF 41.2bCHF 2.9b16.8x24x1.7x
Tue, 16 Jan 2024CHF 64.5bCHF 41.5bCHF 2.9b15.5x22.5x1.6x
Thu, 14 Dec 2023CHF 64.6bCHF 41.5bCHF 2.9b15.2x22.5x1.6x
Sat, 11 Nov 2023CHF 60.3bCHF 41.6bCHF 2.9b15.1x21x1.5x
Mon, 09 Oct 2023CHF 59.3bCHF 41.6bCHF 2.8b15.4x21.2x1.4x
Wed, 06 Sep 2023CHF 63.0bCHF 41.6bCHF 2.8b16.8x22.5x1.5x
Fri, 04 Aug 2023CHF 64.5bCHF 41.7bCHF 2.8b17.4x23.2x1.5x
Sun, 02 Jul 2023CHF 67.8bCHF 41.2bCHF 2.5b23x26.7x1.6x
Price to Earnings Ratio

26.7x


Total Market Cap: CHF 67.8bTotal Earnings: CHF 2.5bTotal Revenue: CHF 41.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 27.3x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.0x which is higher than its 3-year average PE of 27.3x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 4.4% per year over the last three years,
  • Revenues have also declined 6.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

CH Market1.84%
Industrials0.70%
Machinery-0.86%
Construction Machinery and Vehicles1.27%
Industrial Machinery-1.03%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 29.1x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings growth of 2.7% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 2.7% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 11% 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
SFSN SFS GroupCHF 135.201.5%
+CHF 77.8m		23.8%PE24x
SRAIL Stadler RailCHF 23.843.3%
+CHF 76.0m		24.2%PE27.1x
OERL OC OerlikonCHF 3.991.5%
+CHF 19.6m		10.2%PS0.8x
BUCN Bucher IndustriesCHF 318.000.5%
+CHF 14.9m		-17.4%PE13.4x
MIKN Mikron HoldingCHF 16.703.1%
+CHF 8.3m		2.0%PE8.6x

Latest News

KARN
CHF 231.00
Kardex Holding
7D
-2.5%
1Y
-11.7%
New Narrative • Jun 23

Warehouse Automation Demand And Execution Risks Will Shape A Fairly Valued Future

Catalysts About Kardex Holding Kardex Holding supplies warehouse automation systems and related software for intralogistics customers across automated products and standardized systems. What are the underlying business or industry changes driving this perspective?
VACN
CHF 681.40
VAT Group
7D
-0.9%
1Y
104.2%
Narrative Update • Jun 23

VACN: Higher Cycle Hopes Will Confront Rich Multiple And Execution Risks

The updated fair value for VAT Group has been increased to CHF 617 from CHF 603. This reflects analysts' higher price targets in recent research, based on their rationale around slightly stronger revenue growth, profit margins, and a marginally lower discount rate.
OERL
CHF 3.99
OC Oerlikon
7D
1.5%
1Y
10.2%
BUCN
CHF 318.00
Bucher Industries
7D
0.5%
1Y
-17.4%
Narrative Update • Jun 23

BUCN: Steady 2026 Margins And Buyback Will Support Undervalued Upside

Analysts have trimmed their price target on Bucher Industries to CHF 364.83. This reflects slightly lower assumed revenue growth, a marginally reduced profit margin outlook, a modestly lower discount rate and a near unchanged future P/E multiple following recent research updates that have turned more cautious on the stock.
GF
CHF 43.08
Georg Fischer
7D
-3.6%
1Y
-32.5%
Narrative Update • Jun 23

GF: Trimmed Assumptions And Margin Discipline Will Support Future Repricing

Analysts have trimmed their price target for Georg Fischer to CHF 59 from CHF 62, citing slightly softer assumptions for fair value, revenue growth, profit margins, discount rate and future P/E multiples. What’s in the News for Georg Fischer No recent news items for Georg Fischer were identified in the provided sources.
INRN
CHF 1,322.00
Interroll Holding
7D
-6.1%
1Y
-29.2%
Narrative Update • Jun 18

INRN: Updated Fair Value Views Will Support Future Earnings Confidence

Analysts have reduced their fair value estimate for Interroll Holding stock from about CHF 2,400 to roughly CHF 2,257, reflecting recent downgrades and lower price targets, including a move to Reduce with a CHF 1,400 target and a separate CHF 100 target cut. Analyst Commentary Recent Street research on Interroll Holding highlights a more cautious tone, with several analysts revisiting their fair value views and price targets for the stock.
SRAIL
CHF 23.84
Stadler Rail
7D
3.3%
1Y
24.2%
Narrative Update • Jun 17

SRAIL: Order Backlog Execution And 2026 Margin Delivery Will Shape Fair Value

The latest narrative update on Stadler Rail reflects a stable analyst fair value at CHF 23.50, with only modest tweaks to the discount rate and valuation inputs. Analysts are weighing a recent UBS upgrade against a small CHF 0.90 price target cut from JPMorgan, along with more constructive commentary from Oddo BHF.
RIEN
CHF 3.07
Rieter Holding
7D
-6.6%
1Y
-95.6%
Narrative Update • Jun 17

RIEN: Stable Fair Value With Lower Discount Rate And Revised Future P/E

Analysts have moderately adjusted their price target for Rieter Holding stock, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. However, they have kept their overall fair value estimate broadly unchanged in CHF terms.
SCHN
CHF 260.50
Schindler Holding
7D
-0.2%
1Y
-7.3%
Narrative Update • Jun 17

SCHN: Refined Discount Rate And Profitability Assumptions Will Support Gradual Bullish Repricing

Schindler Holding's analyst price target has been raised by CHF 3, as analysts cite recent target revisions and a fresh upgrade that reflect updated assumptions around discount rates, profitability and P/E expectations. Analyst Commentary Recent research on Schindler Holding highlights a mix of optimism and caution as analysts revisit their assumptions on discount rates, profitability and P/E multiples, with one major bank moving to an upgrade and another lifting its price target.
KOMN
CHF 41.70
Komax Holding
7D
-17.6%
1Y
-56.6%
SUN
CHF 136.70
Sulzer
7D
-3.5%
1Y
-1.7%
Narrative Update • Jun 16

SUN: Unchanged Outlook And Assumption Tweaks Will Likely Keep Shares Overpriced

The latest Sulzer analyst narrative keeps the fair value estimate steady at CHF 130.00, with analysts citing small adjustments to assumptions for the discount rate, revenue growth, profit margin and future P/E, rather than a change in their overall view on the stock. What’s in the News for Sulzer No recent Sulzer news items were available from the provided primary or secondary sources at the time of writing.
STGN
CHF 32.60
StarragTornos Group
7D
3.2%
1Y
1.9%
SFSN
CHF 135.20
SFS Group
7D
1.5%
1Y
23.8%
Narrative Update • Jun 06

SFSN: Updated Assumptions Will Support Steady Outlook And Fair P/E Expectations

Analysts have increased their price target on SFS Group from CHF 130.83 to CHF 137.16, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News No recent company specific news items for SFS Group were provided in the sources listed above.
PEDU
CHF 50.50
Perrot Duval Holding
7D
3.5%
1Y
-15.8%
ADVN
CHF 47.60
Adval Tech Holding
7D
2.6%
1Y
-5.7%
MIKN
CHF 16.70
Mikron Holding
7D
3.1%
1Y
2.0%