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Swiss (SMI) Machinery Industry Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies20
  • 7D4.2%
  • 3M-2.1%
  • 1Y5.1%
  • YTD-0.9%

The Machinery industry is up 2.1% in the last week, with VAT Group up 9.2%. This takes the industry's 12 month performance to a gain of 6.9%. 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
Fri, 10 Apr 2026CHF 70.4bCHF 33.6bCHF 2.2b23.3x31.8x2.1x
Sun, 08 Mar 2026CHF 70.7bCHF 33.2bCHF 2.2b24.8x32.5x2.1x
Tue, 03 Feb 2026CHF 77.9bCHF 37.9bCHF 2.4b25.8x32.1x2.1x
Thu, 01 Jan 2026CHF 73.5bCHF 37.9bCHF 2.4b29.1x30.2x1.9x
Sat, 29 Nov 2025CHF 70.6bCHF 38.0bCHF 2.4b29.3x29x1.9x
Mon, 27 Oct 2025CHF 71.7bCHF 38.0bCHF 2.5b19.6x29.2x1.9x
Wed, 24 Sep 2025CHF 73.3bCHF 38.1bCHF 2.5b20.7x29.9x1.9x
Fri, 22 Aug 2025CHF 73.2bCHF 38.0bCHF 2.5b22.4x29.7x1.9x
Sun, 20 Jul 2025CHF 69.3bCHF 34.7bCHF 2.3b20.8x30.5x2x
Tue, 17 Jun 2025CHF 68.4bCHF 34.7bCHF 2.3b20.6x30x2x
Thu, 15 May 2025CHF 68.0bCHF 34.6bCHF 2.3b20.9x29.9x2x
Sat, 12 Apr 2025CHF 59.4bCHF 34.5bCHF 2.2b17.6x26.4x1.7x
Mon, 10 Mar 2025CHF 68.6bCHF 35.2bCHF 2.4b20x28.5x1.9x
Wed, 05 Feb 2025CHF 64.9bCHF 35.4bCHF 2.5b19.9x26.3x1.8x
Fri, 03 Jan 2025CHF 63.3bCHF 35.4bCHF 2.5b19.4x25.7x1.8x
Sun, 01 Dec 2024CHF 64.5bCHF 35.4bCHF 2.5b19.7x26.2x1.8x
Tue, 29 Oct 2024CHF 66.2bCHF 35.4bCHF 2.5b20.8x26.9x1.9x
Thu, 26 Sep 2024CHF 67.7bCHF 35.4bCHF 2.4b21x27.7x1.9x
Sat, 24 Aug 2024CHF 66.9bCHF 35.4bCHF 2.4b21.9x27.3x1.9x
Mon, 22 Jul 2024CHF 66.6bCHF 35.9bCHF 2.6b20.5x26x1.9x
Wed, 19 Jun 2024CHF 68.5bCHF 36.3bCHF 2.6b19x26.3x1.9x
Fri, 17 May 2024CHF 69.7bCHF 36.3bCHF 2.6b20.8x26.9x1.9x
Sun, 14 Apr 2024CHF 66.6bCHF 36.4bCHF 2.6b21.6x25.9x1.8x
Tue, 12 Mar 2024CHF 72.0bCHF 40.6bCHF 2.8b20.3x25.5x1.8x
Thu, 08 Feb 2024CHF 66.2bCHF 41.3bCHF 2.9b16.3x23.2x1.6x
Sat, 06 Jan 2024CHF 64.4bCHF 41.5bCHF 2.9b15.6x22.5x1.6x
Mon, 04 Dec 2023CHF 63.8bCHF 41.5bCHF 2.9b15.4x22.2x1.5x
Wed, 01 Nov 2023CHF 56.8bCHF 41.5bCHF 2.9b14x19.9x1.4x
Fri, 29 Sep 2023CHF 59.5bCHF 41.6bCHF 2.8b15.8x21.2x1.4x
Sun, 27 Aug 2023CHF 62.1bCHF 41.8bCHF 2.8b16.6x22.3x1.5x
Tue, 25 Jul 2023CHF 65.7bCHF 41.4bCHF 2.6b19.4x25.1x1.6x
Thu, 22 Jun 2023CHF 65.5bCHF 41.2bCHF 2.5b23x25.8x1.6x
Sat, 20 May 2023CHF 67.3bCHF 41.0bCHF 2.5b24.6x26.6x1.6x
Mon, 17 Apr 2023CHF 66.0bCHF 40.8bCHF 2.5b26.8x26.8x1.6x
Price to Earnings Ratio

26.8x


Total Market Cap: CHF 66.0bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 26.8x202420252026
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 31.5x which is higher than its 3-year average PE of 26.8x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 3.6% per year over the last three years,
  • Revenues have also declined 6.3% 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 Market1.40%
Industrials4.65%
Machinery4.21%
Industrial Machinery4.45%
Construction Machinery and Vehicles1.46%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.6x.
    • Analysts are expecting annual earnings growth of 13.1%, which is higher than its past year's earnings growth of 2.6% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average of 17.5x.
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 2.6% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 8.7% 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
VACN VAT GroupCHF 534.209.2%
+CHF 1.3b		91.3%PE74.7x
SCHN Schindler HoldingCHF 258.503.2%
+CHF 854.1m		2.8%PE27.2x
SFSN SFS GroupCHF 120.602.2%
+CHF 101.1m		19.4%PE21.4x
SUN SulzerCHF 169.601.7%
+CHF 94.5m		30.7%PE19.5x
OERL OC OerlikonCHF 3.458.1%
+CHF 83.9m		7.5%PS0.7x

Latest News

PEDU
CHF 45.40
Perrot Duval Holding
7D
-0.4%
1Y
-22.4%
BCHN
CHF 507.00
Burckhardt Compression Holding
7D
4.3%
1Y
-4.0%

BCHN: Future Resilience Will Rely On Sustained Premium P/E Multiples

Analysts have adjusted the price target for Burckhardt Compression Holding to CHF 661.83 from CHF 685.17, reflecting updated assumptions for fair value, discount rate, revenue growth and profit margin, along with a slightly higher future P/E multiple. Analyst Commentary Recent price target work on Burckhardt Compression Holding points to a more refined view of fair value, with adjustments to the discount rate, revenue growth assumptions, profit margins and the future P/E multiple.
SCHN
CHF 258.50
Schindler Holding
7D
3.2%
1Y
2.8%

SCHN: Slower Cost Savings Will Still Support Bullish Repricing Over Time

Analysts have nudged their fair value estimate for Schindler Holding slightly lower to about CHF 300 per share, reflecting a small cut to the average price target. Recent research points to slower cost savings and a more cautious stance, with several new and revised Neutral ratings around CHF 318 to CHF 326.
OERL
CHF 3.45
OC Oerlikon
7D
8.1%
1Y
7.5%

OERL: Future Upside Will Hinge On Extraordinary Dividend Delivery

Analysts have nudged the price target for OC Oerlikon slightly higher, reflecting updated fair value estimates around CHF 4.15 to CHF 4.17 and recent Street research that raised targets to CHF 3.80 and CHF 4.40, while balancing richer valuation with expectations for a potential special dividend after the Barmag divestment. Analyst Commentary Bullish Takeaways Bullish analysts point to the raised price targets in the CHF 3.80 to CHF 4.40 range as a sign that updated fair value estimates support current trading levels, even after the recent rally.
VACN
CHF 534.20
VAT Group
7D
9.2%
1Y
91.3%

VACN: Elevated P E Multiples Will Likely Face Pressure As Non AI Demand Lags

The updated analyst price target for VAT Group reflects a modestly higher fair value estimate of CHF 355.58, supported by slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E. It is broadly consistent with recent target raises from CHF 400 to CHF 620 across several banks.
GF
CHF 41.92
Georg Fischer
7D
2.2%
1Y
-25.7%

GF: Neutral Upgrade And Stable Margins Will Support Future Rerating

Analysts have revised their price target on Georg Fischer to CHF 62.80 from CHF 63.23, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E, following recent upgrades in Street research, including a shift to Neutral at CHF 44 from a major bank. Analyst Commentary Recent research points to a shift in tone around Georg Fischer, with the move to a Neutral stance at CHF 44 and a refined price target of CHF 62.80 reflecting updated views on valuation, earnings power and execution risks.
SUN
CHF 169.60
Sulzer
7D
1.7%
1Y
30.7%

SUN: Stable Dividend And Unchanged Outlook Will Likely Keep Shares Overpriced

Analysts are keeping Sulzer's price target steady at CHF 130. Only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions do not materially change their overall valuation view.
BUCN
CHF 357.50
Bucher Industries
7D
2.1%
1Y
9.8%

BUCN: Softer Outlook But Share Buyback And Stable Margins Support Upside Potential

Analysts have trimmed their price targets on Bucher Industries, bringing the updated target closer to CHF 390. This reflects a softer near to medium term outlook and muted near term growth with limited margin support.
SFSN
CHF 120.60
SFS Group
7D
2.2%
1Y
19.4%
KLIN
CHF 10.80
Klingelnberg
7D
-0.5%
1Y
-2.7%