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

Swiss (SMI) Machinery Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies21
  • 7D-0.9%
  • 3M5.3%
  • 1Y-4.7%
  • YTD0.5%

Last week, the Machinery industry hasn't moved much but Sulzer is up 3.9% in that time. Unfortunately though, the industry is down 4.7% over the past 12 months. Earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026CHF 76.3bCHF 37.9bCHF 2.4b30.3x31.4x2x
Sat, 13 Dec 2025CHF 72.8bCHF 38.0bCHF 2.4b29.2x30x1.9x
Mon, 10 Nov 2025CHF 68.0bCHF 38.0bCHF 2.4b23.1x27.8x1.8x
Wed, 08 Oct 2025CHF 73.5bCHF 38.1bCHF 2.5b20.3x30x1.9x
Fri, 05 Sep 2025CHF 71.7bCHF 38.1bCHF 2.5b21.9x29.2x1.9x
Sun, 03 Aug 2025CHF 73.4bCHF 38.1bCHF 2.5b20.7x29x1.9x
Tue, 01 Jul 2025CHF 67.7bCHF 34.7bCHF 2.3b19.8x29.7x2x
Thu, 29 May 2025CHF 67.6bCHF 34.6bCHF 2.3b20.9x29.8x2x
Sat, 26 Apr 2025CHF 62.5bCHF 34.6bCHF 2.2b18.4x27.8x1.8x
Mon, 24 Mar 2025CHF 68.2bCHF 34.6bCHF 2.3b21.3x30.3x2x
Wed, 19 Feb 2025CHF 67.8bCHF 35.3bCHF 2.4b20.9x27.7x1.9x
Fri, 17 Jan 2025CHF 63.1bCHF 35.4bCHF 2.5b19.4x25.6x1.8x
Sun, 15 Dec 2024CHF 64.3bCHF 35.4bCHF 2.5b19.4x26.1x1.8x
Tue, 12 Nov 2024CHF 65.8bCHF 35.4bCHF 2.5b19.6x26.7x1.9x
Thu, 10 Oct 2024CHF 67.5bCHF 35.4bCHF 2.4b21.3x27.7x1.9x
Sat, 07 Sep 2024CHF 64.3bCHF 35.4bCHF 2.4b21.2x26.3x1.8x
Mon, 05 Aug 2024CHF 64.3bCHF 35.8bCHF 2.5b19.8x25.5x1.8x
Wed, 03 Jul 2024CHF 67.8bCHF 36.4bCHF 2.6b18.4x26.1x1.9x
Fri, 31 May 2024CHF 69.1bCHF 36.3bCHF 2.6b20.7x26.7x1.9x
Sun, 28 Apr 2024CHF 66.3bCHF 36.3bCHF 2.6b19.3x25.6x1.8x
Tue, 26 Mar 2024CHF 67.7bCHF 36.4bCHF 2.6b20.4x26.4x1.9x
Thu, 22 Feb 2024CHF 69.7bCHF 41.0bCHF 2.8b18.3x24.5x1.7x
Sat, 20 Jan 2024CHF 63.1bCHF 41.5bCHF 2.9b15x22x1.5x
Mon, 18 Dec 2023CHF 66.7bCHF 41.5bCHF 2.9b15.9x23.3x1.6x
Wed, 15 Nov 2023CHF 62.1bCHF 41.6bCHF 2.9b15.6x21.7x1.5x
Fri, 13 Oct 2023CHF 60.3bCHF 41.6bCHF 2.8b15.3x21.5x1.4x
Sun, 10 Sep 2023CHF 61.9bCHF 41.6bCHF 2.8b16.6x22.1x1.5x
Tue, 08 Aug 2023CHF 65.1bCHF 41.7bCHF 2.8b17.3x23.5x1.6x
Thu, 06 Jul 2023CHF 65.5bCHF 40.6bCHF 2.5b23.2x26.1x1.6x
Sat, 03 Jun 2023CHF 67.4bCHF 41.0bCHF 2.5b23.9x26.7x1.6x
Mon, 01 May 2023CHF 66.2bCHF 41.0bCHF 2.5b23.3x26.2x1.6x
Wed, 29 Mar 2023CHF 65.1bCHF 40.8bCHF 2.5b26.5x26.4x1.6x
Fri, 24 Feb 2023CHF 66.5bCHF 39.0bCHF 2.3b30.9x28.7x1.7x
Sun, 22 Jan 2023CHF 64.7bCHF 40.5bCHF 2.5b28.2x25.7x1.6x
Price to Earnings Ratio

25.7x


Total Market Cap: CHF 64.7bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 26.4x202420252026
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 31.4x which is higher than its 3-year average PE of 26.4x.
  • 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 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 Market0.90%
Industrials-0.75%
Machinery-0.86%
Industrial Machinery-0.55%
Construction Machinery and Vehicles-4.66%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.2x.
    • Analysts are expecting annual earnings growth of 13.4%, 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 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 15% 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
VACN VAT GroupCHF 503.4016.2%
+CHF 2.1b		47.4%PE67.6x
SUN SulzerCHF 173.8013.2%
+CHF 681.4m		25.6%PE21.5x
SCHN Schindler HoldingCHF 292.500.9%
+CHF 268.5m		19.9%PE31.5x
BUCN Bucher IndustriesCHF 357.503.2%
+CHF 112.5m		9.2%PE16.2x
KARN Kardex HoldingCHF 298.004.2%
+CHF 92.6m		7.0%PE31.3x

Latest News

KOMN
CHF 58.10
Komax Holding
7D
-11.3%
1Y
-46.4%

Investors Still Waiting For A Pull Back In Komax Holding AG (VTX:KOMN)

Jan 15
Investors Still Waiting For A Pull Back In Komax Holding AG (VTX:KOMN)
BUCN
CHF 350.50
Bucher Industries
7D
-2.5%
1Y
8.3%
SFSN
CHF 111.00
SFS Group
7D
-3.1%
1Y
-5.5%

SFSN: Analyst Day Insights Will Support Attractive Long Term Earnings Profile

Analysts have reduced their price target for SFS Group from €134.20 to €131.00, reflecting updated assumptions for slightly lower revenue growth, a modestly higher discount rate, and a small adjustment to projected profit margins and future P/E. What's in the News SFS Group held an Analyst/Investor Day, giving the market an updated look at its business and financial priorities (Key Developments).
BCHN
CHF 546.00
Burckhardt Compression Holding
7D
-1.6%
1Y
-18.6%

BCHN: Higher Modeled P/E Will Support Future Earnings Upside Potential

Analysts have nudged their price targets for Burckhardt Compression Holding slightly higher, citing refreshed models that assume a discount rate now around 5.30% and a future P/E near 20.6x. They view these assumptions as better reflecting the company’s earnings profile.
VACN
CHF 434.60
VAT Group
7D
-2.2%
1Y
30.0%

VAT Group AG's (VTX:VACN) Price In Tune With Earnings

Jan 11
VAT Group AG's (VTX:VACN) Price In Tune With Earnings
INRN
CHF 2,315.00
Interroll Holding
7D
1.1%
1Y
9.5%

INRN: Moderated Profit Margins Will Support Strong Long-Term Upside Potential

Analysts have nudged their fair value estimate for Interroll Holding from CHF 3,034 to about CHF 3,066, reflecting updated views on slightly higher revenue growth assumptions and a lower projected profit margin. Valuation Changes Fair value estimate: moved from CHF 3,034 to CHF 3,066, a small upward adjustment of about CHF 32.
SUN
CHF 159.40
Sulzer
7D
3.9%
1Y
15.7%

Why Sulzer Ltd (VTX:SUN) Could Be Worth Watching

Jan 10
Why Sulzer Ltd (VTX:SUN) Could Be Worth Watching
DAE
CHF 166.40
Dätwyler Holding
7D
-1.1%
1Y
26.4%

DAE: Higher Margin Outlook Will Support Stronger Future Share Performance

Analysts now place their fair value estimate for Dätwyler Holding at CHF 185, up from CHF 174, citing updated assumptions for revenue growth, profit margins, and future P/E levels. Valuation Changes Fair Value Estimate was raised from CHF 174 to CHF 185, indicating a modest upward adjustment in the intrinsic assessment.
GF
CHF 52.40
Georg Fischer
7D
-3.5%
1Y
-22.8%

GF: Expanded High Purity Access Will Support Recovery Despite End Market Concerns

Analysts trimmed their price expectations for Georg Fischer, with fresh target cuts from CHF 85 to CHF 75 and from CHF 65 to CHF 47, reflecting concerns about end market risk and what they view as overly optimistic consensus estimates. Analyst Commentary Recent research shows a clear split between bullish and bearish analysts on Georg Fischer, with price targets ranging from CHF 47 to CHF 75.
SCHN
CHF 290.00
Schindler Holding
7D
0.2%
1Y
18.6%

SCHN: Slightly Lowered Assumptions And Investor Day Updates Will Guide Medium Term Outlook

Analysts have reduced their price target on Schindler Holding to CHF 287 from CHF 294. This adjustment reflects slightly updated assumptions on the discount rate, revenue growth, profit margins and expected future P/E multiples.
OERL
CHF 3.57
OC Oerlikon
7D
4.0%
1Y
3.7%

OERL: Future Returns Will Reflect Stable Valuation And Upcoming CFO Transition

Analysts have slightly adjusted their price assumptions for OC Oerlikon, keeping fair value broadly unchanged around €3.33, as small tweaks to the discount rate, revenue growth outlook and profit margin forecasts offset each other in their models. What's in the News OC Oerlikon Management AG announced that Marco Freidl will become Chief Financial Officer, effective November 2025, succeeding Markus Richter (Key Developments).
KARN
CHF 288.00
Kardex Holding
7D
1.6%
1Y
3.6%
SRAIL
CHF 19.61
Stadler Rail
7D
-8.4%
1Y
-2.4%

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

Nov 26
Stadler Rail (VTX:SRAIL) Has Some Difficulty Using Its Capital Effectively