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Swiss (SMI) Machinery Industry Analysis

UpdatedDec 21, 2025
DataAggregated Company Financials
Companies21
  • 7D-0.4%
  • 3M-7.9%
  • 1Y-8.8%
  • YTD-10.0%

Over the last 7 days, the Machinery industry has remained flat. As for the longer term, the industry has declined 8.8% in the last 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
Sun, 21 Dec 2025CHF 72.6bCHF 38.0bCHF 2.4b28.9x29.9x1.9x
Tue, 18 Nov 2025CHF 67.7bCHF 37.9bCHF 2.4b28.9x27.9x1.8x
Thu, 16 Oct 2025CHF 72.1bCHF 38.1bCHF 2.4b20.1x29.5x1.9x
Sat, 13 Sep 2025CHF 74.5bCHF 38.1bCHF 2.5b21.1x30.4x2x
Mon, 11 Aug 2025CHF 73.6bCHF 38.1bCHF 2.5b22.8x29.8x1.9x
Wed, 09 Jul 2025CHF 67.5bCHF 34.7bCHF 2.3b19.6x29.6x1.9x
Fri, 06 Jun 2025CHF 68.6bCHF 34.6bCHF 2.3b21.3x30.2x2x
Sun, 04 May 2025CHF 65.5bCHF 34.6bCHF 2.3b19.6x28.8x1.9x
Tue, 01 Apr 2025CHF 64.7bCHF 34.6bCHF 2.3b20.5x28.7x1.9x
Thu, 27 Feb 2025CHF 66.9bCHF 35.3bCHF 2.5b20.6x26.5x1.9x
Sat, 25 Jan 2025CHF 65.1bCHF 35.5bCHF 2.5b20.7x26.4x1.8x
Mon, 23 Dec 2024CHF 62.8bCHF 35.4bCHF 2.5b19.5x25.5x1.8x
Wed, 20 Nov 2024CHF 63.2bCHF 35.4bCHF 2.5b19.1x25.6x1.8x
Fri, 18 Oct 2024CHF 67.0bCHF 35.4bCHF 2.4b21x27.4x1.9x
Sun, 15 Sep 2024CHF 66.3bCHF 35.4bCHF 2.4b20.8x27.1x1.9x
Tue, 13 Aug 2024CHF 64.5bCHF 35.5bCHF 2.5b19.4x26x1.8x
Thu, 11 Jul 2024CHF 68.7bCHF 36.4bCHF 2.6b19.2x26.4x1.9x
Sat, 08 Jun 2024CHF 69.2bCHF 36.3bCHF 2.6b19.6x26.7x1.9x
Mon, 06 May 2024CHF 66.9bCHF 36.3bCHF 2.6b19.7x25.8x1.8x
Wed, 03 Apr 2024CHF 67.3bCHF 36.4bCHF 2.6b21.9x26.2x1.9x
Fri, 01 Mar 2024CHF 70.8bCHF 41.0bCHF 2.9b18.1x24.5x1.7x
Sun, 28 Jan 2024CHF 65.8bCHF 41.5bCHF 2.9b15.6x23x1.6x
Tue, 26 Dec 2023CHF 66.5bCHF 41.5bCHF 2.9b16x23.2x1.6x
Thu, 23 Nov 2023CHF 62.2bCHF 41.5bCHF 2.9b15.5x21.7x1.5x
Sat, 21 Oct 2023CHF 56.6bCHF 41.5bCHF 2.9b14.4x19.8x1.4x
Mon, 18 Sep 2023CHF 61.1bCHF 41.6bCHF 2.8b16.5x21.8x1.5x
Wed, 16 Aug 2023CHF 63.3bCHF 41.7bCHF 2.8b17.4x22.9x1.5x
Fri, 14 Jul 2023CHF 66.6bCHF 40.6bCHF 2.5b23.3x26.5x1.6x
Sun, 11 Jun 2023CHF 66.8bCHF 41.1bCHF 2.5b23.8x26.3x1.6x
Tue, 09 May 2023CHF 67.5bCHF 41.0bCHF 2.5b24.1x26.7x1.6x
Thu, 06 Apr 2023CHF 64.2bCHF 40.8bCHF 2.5b26.5x26x1.6x
Sat, 04 Mar 2023CHF 67.7bCHF 39.5bCHF 2.4b31.2x28.7x1.7x
Mon, 30 Jan 2023CHF 65.7bCHF 40.5bCHF 2.5b27.9x26x1.6x
Wed, 28 Dec 2022CHF 59.3bCHF 40.5bCHF 2.5b26x23.5x1.5x
Price to Earnings Ratio

23.5x


Total Market Cap: CHF 59.3bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 26.3x202320242025
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 29.9x which is higher than its 3-year average PE of 26.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.1% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

CH Market1.95%
Industrials0.32%
Machinery-0.38%
Construction Machinery and Vehicles1.10%
Industrial Machinery-0.50%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 28.0x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings growth of 7.6% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 49% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 13% 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
SCHN Schindler HoldingCHF 279.000.9%
+CHF 268.5m		13.9%PE30x
SRAIL Stadler RailCHF 20.042.1%
+CHF 42.0m		2.3%PE63.5x
BUCN Bucher IndustriesCHF 365.000.6%
+CHF 20.4m		12.5%PE16.5x
SFSN SFS GroupCHF 107.600.2%
+CHF 7.8m		-14.6%PE17.7x
MIKN Mikron HoldingCHF 20.352.3%
+CHF 7.5m		45.9%PE10.7x

Latest News

OERL
CHF 3.21
OC Oerlikon
7D
0.3%
1Y
-5.8%
RIEN
CHF 3.13
Rieter Holding
7D
-6.1%
1Y
-96.2%
GF
CHF 53.10
Georg Fischer
7D
-0.6%
1Y
-21.6%

GF: Expanded High Purity Partnership Will Drive Recovery Despite Softer End Markets

Analysts have reduced their blended price target on Georg Fischer by CHF 10. This reflects increased caution around end market risks and a view that prior earnings expectations had been overly optimistic.
DAE
CHF 156.80
Dätwyler Holding
7D
-1.5%
1Y
17.7%

DAE: Higher Future Earnings Multiple Will Drive Stronger Share Performance

Analysts have raised their price target on Dätwyler Holding from CHF 143 to CHF 174, citing slightly firmer long term revenue growth expectations, improved profit margin forecasts, and a higher anticipated future valuation multiple. Valuation Changes Fair Value: increased from CHF 143 to CHF 174, representing a material upward revision to the target level.
VACN
CHF 380.90
VAT Group
7D
-2.6%
1Y
11.4%

VACN: Share Price Will Track Semiconductor Cycle Recovery Into 2026 Upswing

The analyst price target for VAT Group has increased to about CHF 379 from roughly CHF 368, as analysts highlight improving medium term growth prospects and a slightly higher future valuation multiple, despite only modest tweaks to revenue growth and discount rate assumptions. Analyst Commentary Recent research updates present a mixed but gradually improving outlook for VAT Group, with bullish analysts highlighting upside into the 2026 to 2027 cycle and more cautious voices focused on valuation discipline and execution risk in the nearer term.
BCHN
CHF 537.00
Burckhardt Compression Holding
7D
-1.6%
1Y
-16.0%

BCHN: Lower Discount Rate Will Support Future Earnings Visibility

Analysts slightly raised their price target on Burckhardt Compression Holding, citing updated modeling assumptions that reflect a modestly lower discount rate and slightly compressed long term profit margins while still supporting the shares at around CHF 696.40. Analyst Commentary Analyst reactions to the updated Burckhardt Compression Holding model highlight a more nuanced view of the company’s risk reward profile, with adjustments focused on discount rate assumptions, long term margin sustainability, and the balance between growth and capital intensity.
INRN
CHF 2,145.00
Interroll Holding
7D
-4.2%
1Y
9.3%

INRN: Higher Revenue Outlook Will Offset Modestly Lower Future Profit Margins

Analysts have raised their price target for Interroll Holding from CHF 2,000 to approximately CHF 2,375. This reflects increased confidence in higher long term revenue growth, despite a modest uptick in the assumed discount rate and slightly lower projected profit margins.
BUCN
CHF 365.00
Bucher Industries
7D
0.6%
1Y
12.5%

BUCN: Improved Margins And Higher Multiple Will Drive Future Outperformance

Analysts have modestly raised their price target on Bucher Industries to CHF 416.00. This reflects expectations of slightly improved profit margins and valuation multiples, despite a tempered revenue growth outlook.
SCHN
CHF 279.00
Schindler Holding
7D
0.9%
1Y
13.9%

SCHN: Asian Agreement And Margins Will Shape Balanced Medium Term Outlook

Analysts have nudged their blended price target for Schindler Holding slightly higher to about CHF 298.5 from roughly CHF 298.1. This reflects modestly lower assumed revenue growth, offset by a slightly stronger profit margin outlook and a marginally higher future valuation multiple. Analyst Commentary Recent research points to a finely balanced view on Schindler Holding, with incremental changes in price targets reflecting both confidence in the companys execution and lingering caution around its growth trajectory and valuation.
SUN
CHF 145.20
Sulzer
7D
-1.6%
1Y
12.6%

SUN: Long-Term Upside Will Emerge As Tariff Headwinds Ease

Analysts have trimmed their price target on Sulzer to CHF 173 from CHF 189, citing reduced estimates driven by softer demand from industrial and oil and gas customers amid tariff uncertainties and global conflicts. Analyst Commentary Analysts acknowledge that despite the reduced price target, Sulzer maintains a constructive investment case, with valuation and earnings expectations recalibrated to reflect a more challenging demand backdrop.
KARN
CHF 274.50
Kardex Holding
7D
-1.3%
1Y
2.6%
SFSN
CHF 107.60
SFS Group
7D
0.2%
1Y
-14.6%

SFS Group AG's (VTX:SFSN) Intrinsic Value Is Potentially 73% Above Its Share Price

Nov 29
SFS Group AG's (VTX:SFSN) Intrinsic Value Is Potentially 73% Above Its Share Price
SRAIL
CHF 20.04
Stadler Rail
7D
2.1%
1Y
2.3%

Stadler Rail (VTX:SRAIL) Has Some Difficulty Using Its Capital Effectively

Nov 26
Stadler Rail (VTX:SRAIL) Has Some Difficulty Using Its Capital Effectively
STGN
CHF 30.20
StarragTornos Group
7D
2.4%
1Y
-15.6%
MIKN
CHF 20.35
Mikron Holding
7D
2.3%
1Y
45.9%
KLIN
CHF 11.65
Klingelnberg
7D
5.9%
1Y
-10.4%