Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swiss (SMI) Machinery Industry Analysis

UpdatedJul 05, 2026
DataAggregated Company Financials
Companies20
  • 7D3.1%
  • 3M11.9%
  • 1Y-0.8%
  • YTD6.4%

The Machinery industry is up 3.1% in the last week, with VAT Group up 5.9%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Jul 2026CHF 75.5bCHF 33.4bCHF 2.2b23.9x33.8x2.3x
Wed, 03 Jun 2026CHF 72.4bCHF 33.4bCHF 2.2b24.8x32.6x2.2x
Fri, 01 May 2026CHF 71.7bCHF 33.4bCHF 2.2b25.1x32.3x2.1x
Sun, 29 Mar 2026CHF 66.6bCHF 33.6bCHF 2.2b22.3x30.1x2x
Tue, 24 Feb 2026CHF 78.9bCHF 37.9bCHF 2.5b27.2x31.6x2.1x
Thu, 22 Jan 2026CHF 78.0bCHF 37.9bCHF 2.4b28.1x32.1x2.1x
Sat, 20 Dec 2025CHF 72.6bCHF 38.0bCHF 2.4b28.9x29.9x1.9x
Mon, 17 Nov 2025CHF 68.5bCHF 37.9bCHF 2.4b29.2x28.2x1.8x
Wed, 15 Oct 2025CHF 72.0bCHF 38.1bCHF 2.4b20.1x29.4x1.9x
Fri, 12 Sep 2025CHF 73.8bCHF 38.1bCHF 2.5b21.1x30.1x1.9x
Sun, 10 Aug 2025CHF 73.6bCHF 38.1bCHF 2.5b22.8x29.8x1.9x
Tue, 08 Jul 2025CHF 67.4bCHF 34.7bCHF 2.3b19.6x29.6x1.9x
Thu, 05 Jun 2025CHF 68.1bCHF 34.6bCHF 2.3b21.5x30x2x
Sat, 03 May 2025CHF 65.5bCHF 34.6bCHF 2.3b19.6x28.8x1.9x
Mon, 31 Mar 2025CHF 65.6bCHF 34.6bCHF 2.3b21.3x29.1x1.9x
Wed, 26 Feb 2025CHF 66.4bCHF 35.3bCHF 2.5b20.1x26.3x1.9x
Fri, 24 Jan 2025CHF 65.1bCHF 35.4bCHF 2.5b20.5x26.4x1.8x
Sun, 22 Dec 2024CHF 62.8bCHF 35.4bCHF 2.5b19.5x25.5x1.8x
Tue, 19 Nov 2024CHF 63.5bCHF 35.4bCHF 2.5b19.1x25.7x1.8x
Thu, 17 Oct 2024CHF 65.7bCHF 35.4bCHF 2.4b20.7x26.9x1.9x
Sat, 14 Sep 2024CHF 66.3bCHF 35.4bCHF 2.4b20.8x27.1x1.9x
Mon, 12 Aug 2024CHF 64.5bCHF 35.5bCHF 2.5b19.1x25.9x1.8x
Wed, 10 Jul 2024CHF 68.5bCHF 36.4bCHF 2.6b19.2x26.4x1.9x
Fri, 07 Jun 2024CHF 69.4bCHF 36.3bCHF 2.6b19.8x26.8x1.9x
Sun, 05 May 2024CHF 66.9bCHF 36.3bCHF 2.6b19.7x25.8x1.8x
Tue, 02 Apr 2024CHF 67.3bCHF 36.4bCHF 2.6b21.8x26.2x1.9x
Thu, 29 Feb 2024CHF 71.0bCHF 41.0bCHF 2.9b18.1x24.6x1.7x
Sat, 27 Jan 2024CHF 65.8bCHF 41.5bCHF 2.9b15.6x23x1.6x
Mon, 25 Dec 2023CHF 66.5bCHF 41.5bCHF 2.9b16x23.2x1.6x
Wed, 22 Nov 2023CHF 62.3bCHF 41.5bCHF 2.9b15.6x21.7x1.5x
Fri, 20 Oct 2023CHF 57.8bCHF 41.6bCHF 2.8b14.5x20.6x1.4x
Sun, 17 Sep 2023CHF 61.1bCHF 41.6bCHF 2.8b16.5x21.8x1.5x
Tue, 15 Aug 2023CHF 64.2bCHF 41.7bCHF 2.8b17.7x23.2x1.5x
Thu, 13 Jul 2023CHF 66.0bCHF 40.6bCHF 2.5b23.4x26.3x1.6x
Price to Earnings Ratio

26.3x


Total Market Cap: CHF 66.0bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.6bTotal 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 33.8x 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 2.3x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 3.9% 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 Market1.79%
Industrials3.22%
Machinery3.14%
Construction Machinery and Vehicles3.47%
Industrial Machinery3.11%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 29.2x.
    • Analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings growth of 1.2% 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 14% over the next 5 years.
  • This is better than its past earnings growth rate of 1.2% 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
VACN VAT GroupCHF 709.405.9%
+CHF 1.2b		112.9%PE99.2x
SCHN Schindler HoldingCHF 262.001.7%
+CHF 480.5m		-7.6%PE27.4x
SRAIL Stadler RailCHF 25.4010.0%
+CHF 230.0m		31.3%PE28.9x
GF Georg FischerCHF 45.126.4%
+CHF 222.9m		-28.0%PE19x
KARN Kardex HoldingCHF 249.5010.2%
+CHF 177.4m		-11.1%PE50.3x

Latest News

INRN
CHF 1,358.00
Interroll Holding
7D
4.9%
1Y
-33.3%
Narrative Update • Jul 03

INRN: Nordic Expansion And Margin Discipline Will Support Balanced Outlook After Downgrade

Analysts have cut their fair value estimate for Interroll Holding to CHF 1,400 from CHF 2,375, citing updated assumptions on discount rates, revenue growth, profit margins, and a recent downgrade to Reduce that came with a CHF 1,400 price target. What’s in the News for Interroll Holding Interroll Holding AG acquired Interroll AS, its long-time distributor in the Nordic region, to increase its direct presence and customer proximity in Norway, aligning the Nordic go to market model more closely with the group’s global strategy.
DAE
CHF 157.80
Dätwyler Holding
7D
-1.3%
1Y
33.3%
Narrative Update • Jul 02

DAE: Steady Outlook Will Reflect Updated Assumptions And Stable Market Expectations

Analysts have raised their fair value estimate for Dätwyler Holding from CHF 143.00 to CHF 167.00, citing updated assumptions on revenue growth, profit margins and the price-to-earnings (P/E) multiple applied to future earnings. What’s in the News for Dätwyler Holding No recent company specific news items for Dätwyler Holding were available from the provided sources as of 1 Jul 2026.
SUN
CHF 138.40
Sulzer
7D
1.4%
1Y
-2.9%
Narrative Update • Jul 01

SUN: Modest Margin Reset Will Still Support Future Upside

Analysts have adjusted their price target on Sulzer to CHF210 from CHF220, reflecting updated assumptions around revenue growth, profit margins, and future P/E expectations. What’s in the News for Sulzer No recent Sulzer specific news items were identified from the provided sources.
GF
CHF 45.12
Georg Fischer
7D
6.4%
1Y
-28.0%
SCHN
CHF 262.00
Schindler Holding
7D
1.7%
1Y
-7.6%
Analysis Article • Jun 26

At CHF261, Is Schindler Holding AG (VTX:SCHN) Worth Looking At Closely?

Schindler Holding AG ( VTX:SCHN ) saw its share price hover around a small range of CHF246 to CHF267 over the last few...
OERL
CHF 4.23
OC Oerlikon
7D
7.9%
1Y
13.5%
Narrative Update • Jun 25

OERL: Future Returns Will Depend On Delivering Extraordinary Dividends

Analysts have trimmed their price target on OC Oerlikon after updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E resulted in a slightly lower valuation in CHF than before. What's in the News No recent OC Oerlikon specific news items or key developments have been identified in the provided sources.
KARN
CHF 249.50
Kardex Holding
7D
10.2%
1Y
-11.1%
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 709.40
VAT Group
7D
5.9%
1Y
112.9%
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.
BUCN
CHF 316.00
Bucher Industries
7D
-1.3%
1Y
-19.2%
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.
SRAIL
CHF 25.40
Stadler Rail
7D
10.0%
1Y
31.3%
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.
ADVN
CHF 45.00
Adval Tech Holding
7D
-3.8%
1Y
-10.0%
STRN
CHF 18.90
Schlatter Industries
7D
-1.0%
1Y
-14.1%