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Swiss (SMI) Machinery Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.6%
  • 3M-1.0%
  • 1Y-11.8%
  • YTD-4.7%

Over the last 7 days, the Machinery industry has remained flat, although notably Sulzer gained 4.5%. Unfortunately though, the industry is down 12% over the past 12 months. Looking forward, 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, 27 Mar 2026CHF 67.8bCHF 33.6bCHF 2.2b22.8x30.7x2x
Sun, 22 Feb 2026CHF 79.8bCHF 37.9bCHF 2.5b27.7x32x2.1x
Tue, 20 Jan 2026CHF 77.8bCHF 37.9bCHF 2.4b29.3x32x2x
Thu, 18 Dec 2025CHF 71.8bCHF 38.0bCHF 2.4b28.1x29.5x1.9x
Sat, 15 Nov 2025CHF 68.5bCHF 37.9bCHF 2.4b29.2x28.2x1.8x
Mon, 13 Oct 2025CHF 72.2bCHF 38.1bCHF 2.4b20.2x29.5x1.9x
Wed, 10 Sep 2025CHF 73.4bCHF 38.1bCHF 2.5b21.6x29.9x1.9x
Fri, 08 Aug 2025CHF 73.5bCHF 38.1bCHF 2.5b22.6x29.8x1.9x
Sun, 06 Jul 2025CHF 67.2bCHF 34.7bCHF 2.3b19.6x29.5x1.9x
Tue, 03 Jun 2025CHF 67.2bCHF 34.6bCHF 2.3b21.1x29.6x1.9x
Thu, 01 May 2025CHF 65.5bCHF 34.5bCHF 2.2b18.9x29.1x1.9x
Sat, 29 Mar 2025CHF 65.6bCHF 34.6bCHF 2.3b21.3x29.1x1.9x
Mon, 24 Feb 2025CHF 67.6bCHF 35.3bCHF 2.5b20.5x26.8x1.9x
Wed, 22 Jan 2025CHF 64.8bCHF 35.4bCHF 2.5b20.7x26.3x1.8x
Fri, 20 Dec 2024CHF 62.7bCHF 35.4bCHF 2.5b19.4x25.4x1.8x
Sun, 17 Nov 2024CHF 63.9bCHF 35.4bCHF 2.5b19.4x25.9x1.8x
Tue, 15 Oct 2024CHF 67.5bCHF 35.4bCHF 2.4b20.5x27.6x1.9x
Thu, 12 Sep 2024CHF 65.0bCHF 35.4bCHF 2.4b20.6x26.6x1.8x
Sat, 10 Aug 2024CHF 64.5bCHF 35.5bCHF 2.5b19.1x25.9x1.8x
Mon, 08 Jul 2024CHF 69.0bCHF 36.4bCHF 2.6b19.1x26.5x1.9x
Wed, 05 Jun 2024CHF 68.4bCHF 36.3bCHF 2.6b19.4x26.4x1.9x
Fri, 03 May 2024CHF 65.8bCHF 36.3bCHF 2.6b19.5x25.4x1.8x
Sun, 31 Mar 2024CHF 67.3bCHF 36.4bCHF 2.6b21.8x26.2x1.9x
Tue, 27 Feb 2024CHF 70.9bCHF 41.0bCHF 2.9b18.3x24.5x1.7x
Thu, 25 Jan 2024CHF 64.9bCHF 41.5bCHF 2.9b15.5x22.6x1.6x
Sat, 23 Dec 2023CHF 66.5bCHF 41.5bCHF 2.9b16x23.2x1.6x
Mon, 20 Nov 2023CHF 62.6bCHF 41.5bCHF 2.9b15.7x21.8x1.5x
Wed, 18 Oct 2023CHF 59.0bCHF 41.6bCHF 2.8b15x21x1.4x
Fri, 15 Sep 2023CHF 61.2bCHF 41.6bCHF 2.8b16.5x21.8x1.5x
Sun, 13 Aug 2023CHF 64.3bCHF 41.7bCHF 2.8b17.6x23.3x1.5x
Tue, 11 Jul 2023CHF 64.8bCHF 40.6bCHF 2.5b23.2x25.8x1.6x
Thu, 08 Jun 2023CHF 66.8bCHF 41.1bCHF 2.5b24x26.3x1.6x
Sat, 06 May 2023CHF 67.6bCHF 41.0bCHF 2.5b23.4x26.7x1.6x
Mon, 03 Apr 2023CHF 67.4bCHF 40.8bCHF 2.5b27.9x27.3x1.6x
Price to Earnings Ratio

27.3x


Total Market Cap: CHF 67.4bTotal 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 30.7x 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 2.0x.
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 Market1.39%
Industrials-0.35%
Machinery-0.58%
Construction Machinery and Vehicles2.31%
Industrial Machinery-0.83%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.5x.
    • Analysts are expecting annual earnings growth of 13.2%, 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 9.0% 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
SUN SulzerCHF 162.002.7%
+CHF 141.7m		4.8%PE18.7x
BUCN Bucher IndustriesCHF 343.501.8%
+CHF 59.5m		-8.8%PE14.5x
BYS BystronicCHF 205.005.0%
+CHF 20.2m		-37.2%PS0.7x
KOMN Komax HoldingCHF 49.956.7%
+CHF 16.1m		-51.5%PS0.4x
DAE Dätwyler HoldingCHF 141.200.4%
+CHF 10.2m		21.7%PE29.7x

Latest News

STGN
CHF 33.00
StarragTornos Group
7D
-1.8%
1Y
-15.4%
KARN
CHF 248.00
Kardex Holding
7D
-2.6%
1Y
3.5%
OERL
CHF 3.03
OC Oerlikon
7D
-17.7%
1Y
-28.3%
MIKN
CHF 16.00
Mikron Holding
7D
1.5%
1Y
-5.9%
SRAIL
CHF 19.62
Stadler Rail
7D
0.5%
1Y
-6.6%
RIEN
CHF 3.00
Rieter Holding
7D
-4.2%
1Y
-96.1%
BCHN
CHF 478.00
Burckhardt Compression Holding
7D
-3.6%
1Y
-21.5%

BCHN: Higher Margins And Premium P/E Will Support Future Resilience

Analysts have nudged their price target for Burckhardt Compression Holding slightly lower to about CHF685 from around CHF694, reflecting updated assumptions for more moderate revenue growth, a marginally higher discount rate, a slightly higher profit margin and a modestly lower future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see room for the shares to support a higher multiple over time, citing the slightly higher profit margin assumptions as a sign that the business model can sustain healthy earnings power relative to the current P/E.
SCHN
CHF 246.00
Schindler Holding
7D
-1.6%
1Y
-7.9%

SCHN: Cost Execution Progress Will Drive Bullish Repricing Despite Neutral Rating Shift

Schindler Holding's analyst price target has been reset slightly higher to CHF 319. The change reflects a mix of new Neutral initiations and downgrades citing slower cost savings, alongside modest trims to Buy-rated targets around CHF 326.
KOMN
CHF 49.95
Komax Holding
7D
6.7%
1Y
-51.5%
DAE
CHF 141.20
Dätwyler Holding
7D
0.4%
1Y
21.7%

DAE: Drug Delivery Partnership Will Support Steady Outlook At Current Valuation

Analysts now hold Dätwyler Holding's fair value steady at about CHF 143, with only slight model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions driving a very marginal change in their overall price target stance. What's in the News Dätwyler Holding announced a collaboration with LTS Device Technologies and Stevanato Group to broaden large-volume subcutaneous drug delivery through convenient on-body administration of larger doses for patients and market needs (Key Developments).
VACN
CHF 490.70
VAT Group
7D
-3.3%
1Y
50.6%

VACN: Elevated P E Multiples Will Likely Struggle As Non AI Demand Stays Weak

VAT Group's analyst price target is updated from CHF 282 to CHF 347. Analysts are broadly lifting their targets into a higher P/E range as they factor in revised revenue growth and margin assumptions, alongside recent upward target moves from major banks including JPMorgan, Citi, Deutsche Bank, Morgan Stanley, RBC Capital and Berenberg.
GF
CHF 39.66
Georg Fischer
7D
-1.4%
1Y
-40.1%

GF: Higher Required Return Will Support Recovery As Margins And P/E Assumptions Improve

Analysts have trimmed their price target on Georg Fischer to CHF 44, citing a slightly higher discount rate and modestly lower fair value estimate. They also acknowledge an improved profit margin outlook and updated future P/E assumptions.
SUN
CHF 162.00
Sulzer
7D
2.7%
1Y
4.8%

SUN: Stable Dividend Outlook Will Likely Keep Shares Overpriced

Analysts are maintaining their CHF 130.00 price target for Sulzer, with only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions supporting this consistent view. What's in the News Sulzer AG declared an annual dividend of CHF 4.75 per share, with payment scheduled for April 21, 2026 (Key Developments).
BYS
CHF 205.00
Bystronic
7D
5.0%
1Y
-37.2%
BUCN
CHF 343.50
Bucher Industries
7D
1.8%
1Y
-8.8%
SFSN
CHF 116.20
SFS Group
7D
0.2%
1Y
1.6%