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Swiss (SMI) Machinery Industry Analysis

UpdatedAug 15, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.1%
  • 3M2.9%
  • 1Y-1.9%
  • YTD3.3%

In the last week, Machinery has been flat. In line with that, the industry has also been flat over the past 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, 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
Tue, 22 Aug 2023CHF 62.1bCHF 41.8bCHF 2.8b16.5x22.3x1.5x
Price to Earnings Ratio

22.3x


Total Market Cap: CHF 62.1bTotal Earnings: CHF 2.8bTotal Revenue: CHF 41.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 27.6x202420252026
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 32.5x which is higher than its 3-year average PE of 27.6x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.2x.
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-0.85%
Industrials0.61%
Machinery-0.11%
Industrial Machinery0.12%
Construction Machinery and Vehicles-2.89%
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 14.9%, 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
VACN VAT GroupCHF 645.401.9%
+CHF 365.6m		135.5%PE93.2x
OERL OC OerlikonCHF 5.257.0%
+CHF 112.6m		71.9%PE61.2x
SUN SulzerCHF 154.602.1%
+CHF 108.3m		0.7%PE17.3x
KOMN Komax HoldingCHF 78.7034.5%
+CHF 103.5m		-11.2%PS0.7x
INRN Interroll HoldingCHF 1.55k8.7%
+CHF 103.5m		-33.7%PE23.8x

Latest News

OERL
CHF 5.25
OC Oerlikon
7D
7.0%
1Y
71.9%
KOMN
CHF 78.70
Komax Holding
7D
34.5%
1Y
-11.2%
KARN
CHF 258.50
Kardex Holding
7D
4.9%
1Y
-19.8%
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 136.20
Dätwyler Holding
7D
-2.2%
1Y
0.9%
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 131.80
SFS Group
7D
-1.8%
1Y
24.1%
SCHN
CHF 252.00
Schindler Holding
7D
-2.5%
1Y
-13.4%
INRN
CHF 1,554.00
Interroll Holding
7D
8.7%
1Y
-33.7%
Analysis Article • Aug 05

Interroll Holding AG (VTX:INRN) Half-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year

As you might know, Interroll Holding AG ( VTX:INRN ) recently reported its half-yearly numbers. Results overall were...
VACN
CHF 645.40
VAT Group
7D
1.9%
1Y
135.5%
Narrative Update • Aug 04

VACN: Rising Confidence In Earnings Power Should Support Further Re Rating

Analysts have lifted their fair value estimate for VAT Group to CHF 850 from CHF 806. This reflects recent increases in Street price targets across several firms and updated assumptions on revenue growth, discount rate and future P/E.
GF
CHF 52.45
Georg Fischer
7D
-0.9%
1Y
-19.5%
Narrative Update • Aug 04

GF: AI Cooling Orders And Execution Risks Will Shape Returns

Analysts have lifted their price target on Georg Fischer from CHF 44 to about CHF 51, reflecting updated fair value assumptions supported by what they describe as good recent order trends and a constructive outlook for the company's end markets into 2027. Analyst Commentary Recent research on Georg Fischer points to a more constructive tone on orders and end market visibility into 2027, but analysts are not ignoring potential risks.
BUCN
CHF 306.00
Bucher Industries
7D
-2.7%
1Y
-22.7%
SUN
CHF 154.60
Sulzer
7D
2.1%
1Y
0.7%
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...
STGN
CHF 35.50
StarragTornos Group
7D
-5.3%
1Y
9.2%
RIEN
CHF 3.26
Rieter Holding
7D
2.2%
1Y
-94.2%
BCHN
CHF 527.00
Burckhardt Compression Holding
7D
1.5%
1Y
-26.6%
SRAIL
CHF 24.28
Stadler Rail
7D
-3.1%
1Y
12.3%
Narrative Update • Jun 17

SRAIL: Order Backlog Execution And 2026 Margin Delivery Will Shape Fair Value

The latest narrative update on Stadler Rail reflects a stable analyst fair value at CHF 23.50, with only modest tweaks to the discount rate and valuation inputs. Analysts are weighing a recent UBS upgrade against a small CHF 0.90 price target cut from JPMorgan, along with more constructive commentary from Oddo BHF.