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Swiss (SMI) Machinery Industry Analysis

UpdatedSep 17, 2026
DataAggregated Company Financials
Companies20
  • 7D-2.1%
  • 3M-5.1%
  • 1Y-3.7%
  • YTD-0.2%

Over the last 7 days, the Machinery industry has dropped 4.9%, driven by a pullback from VAT Group of 5.1%. However, the industry is down 5.1% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 17 Sep 2026CHF 70.6bCHF 34.1bCHF 2.3b20.9x31.2x2.1x
Sat, 15 Aug 2026CHF 73.2bCHF 33.5bCHF 2.3b21.9x32.5x2.2x
Mon, 13 Jul 2026CHF 73.6bCHF 33.4bCHF 2.2b24.4x33x2.2x
Wed, 10 Jun 2026CHF 70.9bCHF 33.4bCHF 2.2b23.4x31.9x2.1x
Fri, 08 May 2026CHF 73.6bCHF 33.4bCHF 2.2b25.9x33.2x2.2x
Sun, 05 Apr 2026CHF 67.5bCHF 33.6bCHF 2.2b22.8x30.6x2x
Tue, 03 Mar 2026CHF 75.0bCHF 33.3bCHF 2.2b26.8x34.2x2.3x
Thu, 29 Jan 2026CHF 77.9bCHF 37.9bCHF 2.4b28.1x32.1x2.1x
Sat, 27 Dec 2025CHF 73.2bCHF 37.9bCHF 2.4b29.3x30.1x1.9x
Mon, 24 Nov 2025CHF 67.9bCHF 37.9bCHF 2.4b27.9x27.9x1.8x
Wed, 22 Oct 2025CHF 71.6bCHF 38.1bCHF 2.4b19.8x29.3x1.9x
Fri, 19 Sep 2025CHF 73.8bCHF 38.1bCHF 2.5b20.5x30.1x1.9x
Sun, 17 Aug 2025CHF 73.1bCHF 38.0bCHF 2.5b22.5x29.7x1.9x
Tue, 15 Jul 2025CHF 68.1bCHF 34.7bCHF 2.3b19.8x29.9x2x
Thu, 12 Jun 2025CHF 69.2bCHF 34.7bCHF 2.3b20.8x30.3x2x
Sat, 10 May 2025CHF 66.0bCHF 34.6bCHF 2.3b20x29.1x1.9x
Mon, 07 Apr 2025CHF 59.5bCHF 34.6bCHF 2.2b17.8x26.4x1.7x
Wed, 05 Mar 2025CHF 66.5bCHF 35.1bCHF 2.4b19x27.7x1.9x
Fri, 31 Jan 2025CHF 64.7bCHF 35.4bCHF 2.5b20.7x26.3x1.8x
Sun, 29 Dec 2024CHF 63.5bCHF 35.4bCHF 2.5b19.5x25.8x1.8x
Tue, 26 Nov 2024CHF 64.2bCHF 35.4bCHF 2.5b19.5x26.1x1.8x
Thu, 24 Oct 2024CHF 65.9bCHF 35.4bCHF 2.5b20.7x26.8x1.9x
Sat, 21 Sep 2024CHF 66.2bCHF 35.4bCHF 2.4b20.8x27.1x1.9x
Mon, 19 Aug 2024CHF 65.8bCHF 35.4bCHF 2.4b21.4x26.9x1.9x
Wed, 17 Jul 2024CHF 69.7bCHF 36.4bCHF 2.6b19.2x26.8x1.9x
Fri, 14 Jun 2024CHF 70.1bCHF 36.3bCHF 2.6b19x26.9x1.9x
Sun, 12 May 2024CHF 68.9bCHF 36.3bCHF 2.6b20.6x26.6x1.9x
Tue, 09 Apr 2024CHF 67.9bCHF 36.4bCHF 2.6b22.1x26.4x1.9x
Thu, 07 Mar 2024CHF 71.4bCHF 40.6bCHF 2.8b20x25.4x1.8x
Sat, 03 Feb 2024CHF 65.9bCHF 41.5bCHF 2.9b15.7x23x1.6x
Mon, 01 Jan 2024CHF 66.6bCHF 41.5bCHF 2.9b16x23.2x1.6x
Wed, 29 Nov 2023CHF 62.1bCHF 41.5bCHF 2.9b15.3x21.7x1.5x
Fri, 27 Oct 2023CHF 56.2bCHF 41.5bCHF 2.9b13.9x19.7x1.4x
Sun, 24 Sep 2023CHF 60.4bCHF 41.6bCHF 2.8b15.8x21.5x1.5x
Price to Earnings Ratio

21.5x


Total Market Cap: CHF 60.4bTotal Earnings: CHF 2.8bTotal Revenue: CHF 41.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 27.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swiss Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 27.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 6.9% per year over the last three years,
  • Revenues have also declined 6.5% 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 Market0.14%
Industrials-0.80%
Machinery-2.13%
Construction Machinery and Vehicles-0.95%
Industrial Machinery-2.24%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 29.8x.
    • Analysts are expecting annual earnings growth of 14.5%, which is higher than its past year's earnings decline of 1.5% 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 17.5x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 107% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 15% 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 249.001.2%
+CHF 320.3m		-12.3%PE25.9x
OERL OC OerlikonCHF 5.383.3%
+CHF 55.5m		88.8%PE62.7x
SRAIL Stadler RailCHF 29.701.4%
+CHF 40.0m		42.4%PE28.2x
KLIN KlingelnbergCHF 10.601.4%
+CHF 1.3m		-15.2%PE17.1x

Latest News

INRN
CHF 1,402.00
Interroll Holding
7D
-9.8%
1Y
-43.2%
Narrative Update • Sep 10

INRN: Rating Upgrades And Margin Assumptions Will Underpin Future Earnings Confidence

Interroll Holding's updated analyst price target has shifted to around CHF 2,070 from about CHF 2,257 as analysts factor in slightly lower fair value estimates and profit margin assumptions, while also reflecting recent rating upgrades and new targets of CHF 1,950 and CHF 1,400 from Street research. Analyst Commentary Recent rating changes on Interroll Holding highlight a shift toward a more balanced view of the stock.
SCHN
CHF 249.00
Schindler Holding
7D
1.2%
1Y
-12.3%
SRAIL
CHF 29.70
Stadler Rail
7D
1.4%
1Y
42.4%
Narrative Update • Sep 08

SRAIL: Higher Fair Value And Improved Profitability Assumptions Will Drive Bullish Repricing

Analysts have raised their price target on Stadler Rail, with the consensus indicator in this framework moving from CHF 30.60 to CHF 35.00. This change is supported in part by recent Street research, including JPMorgan's price target increase to CHF 22.00, even as overall ratings remain cautious.
KARN
CHF 228.50
Kardex Holding
7D
-6.5%
1Y
-29.0%
Narrative Update • Sep 03

KARN: Trimmed Expectations Will Test Confidence In 2026 Guidance Framework

The updated analyst narrative on Kardex Holding reflects a lower fair value estimate from CHF 268.00 to CHF 253.00, in line with recent Street research where analysts trimmed price targets but highlighted ongoing demand trends in areas such as Remstar and Mlog. Analyst Commentary Recent Street research on Kardex Holding reflects a more cautious tone on valuation, even as ongoing demand trends in areas such as Remstar and Mlog are acknowledged.
OERL
CHF 5.38
OC Oerlikon
7D
3.3%
1Y
88.8%
Narrative Update • Sep 03

OERL: Future Returns Will Depend On Pricing In Margin Inflection

Analysts have raised their price target on OC Oerlikon from CHF 4.56 to CHF 5.23, citing updated assumptions on sales growth, operating margins and valuation. These assumptions align with recent research indicating that a clear inflection in these metrics is not yet fully reflected in the current share price.
VACN
CHF 586.20
VAT Group
7D
-5.1%
1Y
87.9%
Narrative Update • Sep 03

VACN: Elevated Sector Capex Hopes Will Likely Expose Execution Risk

Analysts have raised the fair value estimate for VAT Group from CHF 436.38 to CHF 490.31. This adjustment reflects higher Street price targets and updated assumptions relating to revenue growth, profitability and sector capital expenditure forecasts.
GF
CHF 54.15
Georg Fischer
7D
-3.3%
1Y
-14.0%
Narrative Update • Sep 03

GF: Order Trends And 2027 End Markets Will Steer Measured Return Profile

Analysts have raised the fair value estimate for Georg Fischer to CHF 60 from CHF 50.96, referencing recent price target revisions in the CHF 59 to CHF 60 range and citing favorable first-half order trends along with a constructive view on end markets into 2027. Analyst Commentary Recent research on Georg Fischer highlights a mix of constructive and cautious views that investors should weigh carefully.
SUN
CHF 146.80
Sulzer
7D
-6.5%
1Y
5.0%
SFSN
CHF 133.60
SFS Group
7D
-1.6%
1Y
26.8%
BUCN
CHF 316.50
Bucher Industries
7D
-3.1%
1Y
-18.2%
KLIN
CHF 10.60
Klingelnberg
7D
1.4%
1Y
-15.2%
BCHN
CHF 471.00
Burckhardt Compression Holding
7D
-6.0%
1Y
-23.2%