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Swiss (SMI) Machinery Industry Analysis

UpdatedAug 22, 2026
DataAggregated Company Financials
Companies20
  • 7D-2.4%
  • 3M0.4%
  • 1Y-5.1%
  • YTD1.0%

Over the last 7 days, the Machinery industry has dropped 2.4%, driven by a pullback from VAT Group of 6.3%. Overall the industry is down 5.1% in 12 months. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Aug 2026CHF 71.1bCHF 33.5bCHF 2.3b21.3x31.6x2.1x
Mon, 20 Jul 2026CHF 74.2bCHF 33.6bCHF 2.2b24.9x33.9x2.2x
Wed, 17 Jun 2026CHF 73.5bCHF 33.4bCHF 2.2b24.5x33.1x2.2x
Fri, 15 May 2026CHF 71.1bCHF 33.4bCHF 2.2b25.3x32x2.1x
Sun, 12 Apr 2026CHF 71.5bCHF 33.6bCHF 2.2b24x32.3x2.1x
Tue, 10 Mar 2026CHF 69.6bCHF 33.2bCHF 2.2b24.3x31.9x2.1x
Thu, 05 Feb 2026CHF 79.2bCHF 37.9bCHF 2.4b25.6x32.6x2.1x
Sat, 03 Jan 2026CHF 73.5bCHF 38.0bCHF 2.4b29.1x30.2x1.9x
Mon, 01 Dec 2025CHF 70.6bCHF 38.0bCHF 2.4b29.3x29x1.9x
Wed, 29 Oct 2025CHF 70.6bCHF 38.0bCHF 2.5b19.3x28.7x1.9x
Fri, 26 Sep 2025CHF 72.4bCHF 38.1bCHF 2.5b20.2x29.5x1.9x
Sun, 24 Aug 2025CHF 73.9bCHF 38.0bCHF 2.5b22.8x30x1.9x
Tue, 22 Jul 2025CHF 69.3bCHF 34.4bCHF 2.3b19.4x30.6x2x
Thu, 19 Jun 2025CHF 67.3bCHF 34.7bCHF 2.3b20.4x29.5x1.9x
Sat, 17 May 2025CHF 68.1bCHF 34.6bCHF 2.3b20.9x30x2x
Mon, 14 Apr 2025CHF 59.4bCHF 34.5bCHF 2.2b17.6x26.4x1.7x
Wed, 12 Mar 2025CHF 66.7bCHF 35.2bCHF 2.4b19.7x27.7x1.9x
Fri, 07 Feb 2025CHF 65.3bCHF 35.4bCHF 2.5b19.7x26.5x1.8x
Sun, 05 Jan 2025CHF 63.5bCHF 35.4bCHF 2.5b19.4x25.8x1.8x
Tue, 03 Dec 2024CHF 64.4bCHF 35.4bCHF 2.5b19.9x26.1x1.8x
Thu, 31 Oct 2024CHF 65.7bCHF 35.4bCHF 2.5b20.4x26.7x1.9x
Sat, 28 Sep 2024CHF 69.0bCHF 35.4bCHF 2.4b22x28.3x1.9x
Mon, 26 Aug 2024CHF 66.9bCHF 35.4bCHF 2.4b21.9x27.3x1.9x
Wed, 24 Jul 2024CHF 67.5bCHF 35.9bCHF 2.6b20.7x26.3x1.9x
Fri, 21 Jun 2024CHF 68.9bCHF 36.3bCHF 2.6b19.1x26.5x1.9x
Sun, 19 May 2024CHF 69.0bCHF 36.3bCHF 2.6b20.6x26.6x1.9x
Tue, 16 Apr 2024CHF 67.3bCHF 36.4bCHF 2.6b21.3x26.2x1.8x
Thu, 14 Mar 2024CHF 73.2bCHF 40.4bCHF 2.8b20.7x25.7x1.8x
Sat, 10 Feb 2024CHF 66.6bCHF 41.3bCHF 2.8b16.3x23.4x1.6x
Mon, 08 Jan 2024CHF 64.4bCHF 41.5bCHF 2.9b15.6x22.5x1.6x
Wed, 06 Dec 2023CHF 63.1bCHF 41.5bCHF 2.9b15.5x22x1.5x
Fri, 03 Nov 2023CHF 58.4bCHF 41.5bCHF 2.9b14.5x20.4x1.4x
Sun, 01 Oct 2023CHF 60.4bCHF 41.6bCHF 2.8b15.9x21.5x1.4x
Tue, 29 Aug 2023CHF 62.7bCHF 41.8bCHF 2.8b16.8x22.5x1.5x
Price to Earnings Ratio

22.5x


Total Market Cap: CHF 62.7bTotal Earnings: CHF 2.8bTotal Revenue: CHF 41.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 27.7x202420252026
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 31.6x which is higher than its 3-year average PE of 27.7x.
  • The 3-year average PS ratio of 1.9x 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 6.8% per year over the last three years,
  • Revenues have also declined 7.1% 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 Market-0.097%
Industrials-1.80%
Machinery-2.35%
Construction Machinery and Vehicles-0.37%
Industrial Machinery-2.51%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 29.5x.
    • Analysts are expecting annual earnings growth of 14.7%, 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 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 54% 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 255.001.2%
+CHF 320.3m		-12.8%PE26.5x
GF Georg FischerCHF 53.652.3%
+CHF 98.3m		-18.8%PS1.4x
PEDU Perrot Duval HoldingCHF 83.003.8%
+CHF 403.5k		48.2%PS0.8x

Latest News

OERL
CHF 5.04
OC Oerlikon
7D
-4.0%
1Y
65.0%
Narrative Update • Aug 20

OERL: Margin And Sales Inflection Will Support Higher Future P/E

Analysts lifted their price target on OC Oerlikon from CHF 3.80 to CHF 5.70, pointing to what they see as a clear inflection in the company's sales growth and operating margins that they do not view as fully reflected in the current share price. What’s in the News for OC Oerlikon OC Oerlikon updated its earnings guidance for 2026 and now guides to mid-single-digit percent sales growth instead of the previous outlook for low single-digit percent growth.
GF
CHF 53.65
Georg Fischer
7D
2.3%
1Y
-18.8%
Narrative Update • Aug 19

GF: Order Momentum And Margin Discipline Will Support Future Repricing

The analyst price target for Georg Fischer has increased from CHF 57.29 to CHF 62.14. Analysts attribute this change to recent upgrades related to order trends and a constructive outlook into 2027.
VACN
CHF 604.60
VAT Group
7D
-6.3%
1Y
119.5%
Narrative Update • Aug 19

VACN: Higher Cycle Rebound Will Test Rich P E And Execution Delivery

VAT Group's updated analyst price target moves from about CHF 617 to about CHF 700, with analysts pointing to revised assumptions on revenue growth, profit margins and future P/E multiples, as well as a series of recent target increases across the Street. Analyst Commentary Recent research on VAT Group shows a cluster of higher price targets between about CHF 600 and CHF 750.
KARN
CHF 244.00
Kardex Holding
7D
-5.6%
1Y
-26.2%
Narrative Update • Aug 12

KARN: Strong Execution And Margin Outlook Will Support Future Upside

The updated analyst price target for Kardex Holding has increased from CHF 402 to about CHF 444. Analysts cite stronger assumptions for revenue growth and profit margins, while still applying a more moderate future P/E multiple and taking into account recent target reductions from Berenberg and Jefferies to CHF 350 and CHF 325 respectively.
DAE
CHF 131.80
Dätwyler Holding
7D
-3.2%
1Y
-3.9%
Narrative Update • Aug 10

DAE: Higher Implied Earnings Quality Will Support Stronger Long-Term Return Prospects

Analysts have trimmed their price target for Dätwyler Holding to about CHF 177 from CHF 188, reflecting updated assumptions for slightly lower revenue growth, a modestly lower discount rate and a marginally reduced future P/E, partly offset by a small improvement in expected profit margins. What’s in the News for Dätwyler Holding No recent company specific news items were identified from the provided sources as of 10 Aug 2026.
SFSN
CHF 128.60
SFS Group
7D
-2.4%
1Y
16.5%
SCHN
CHF 255.00
Schindler Holding
7D
1.2%
1Y
-12.8%
SUN
CHF 150.70
Sulzer
7D
-2.5%
1Y
-2.0%
Analysis Article • Jul 31

Here's What Analysts Are Forecasting For Sulzer AG (VTX:SUN) After Its Half-Year Results

It's been a good week for Sulzer AG ( VTX:SUN ) shareholders, because the company has just released its latest...
RIEN
CHF 2.87
Rieter Holding
7D
-12.0%
1Y
-94.9%
BCHN
CHF 488.00
Burckhardt Compression Holding
7D
-7.4%
1Y
-32.6%
PEDU
CHF 83.00
Perrot Duval Holding
7D
3.8%
1Y
48.2%