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Swiss (SMI) Machinery Industry Analysis

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies20
  • 7D-2.2%
  • 3M-0.3%
  • 1Y-14.3%
  • YTD-4.8%

Over the last 7 days, the Machinery industry has dropped 2.2%, driven by a pullback from Schindler Holding of 3.3%. Overall the industry is down 14% in 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
Sat, 21 Mar 2026CHF 67.6bCHF 33.2bCHF 2.2b24.3x31.4x2x
Mon, 16 Feb 2026CHF 79.0bCHF 37.9bCHF 2.6b27.5x30.9x2.1x
Wed, 14 Jan 2026CHF 76.0bCHF 38.0bCHF 2.4b29.9x31.3x2x
Fri, 12 Dec 2025CHF 72.0bCHF 38.0bCHF 2.4b29x29.6x1.9x
Sun, 09 Nov 2025CHF 68.0bCHF 38.0bCHF 2.4b23.1x27.8x1.8x
Tue, 07 Oct 2025CHF 73.8bCHF 38.1bCHF 2.5b20.6x30.1x1.9x
Thu, 04 Sep 2025CHF 70.8bCHF 38.1bCHF 2.5b21.8x28.9x1.9x
Sat, 02 Aug 2025CHF 73.4bCHF 38.1bCHF 2.5b20.7x29x1.9x
Mon, 30 Jun 2025CHF 67.8bCHF 34.7bCHF 2.3b19.6x29.7x2x
Wed, 28 May 2025CHF 67.9bCHF 34.6bCHF 2.3b20.8x29.9x2x
Fri, 25 Apr 2025CHF 62.0bCHF 34.6bCHF 2.2b18.4x27.5x1.8x
Sun, 23 Mar 2025CHF 68.2bCHF 34.6bCHF 2.3b21.3x30.3x2x
Tue, 18 Feb 2025CHF 67.1bCHF 35.3bCHF 2.4b20.6x27.4x1.9x
Thu, 16 Jan 2025CHF 62.8bCHF 35.4bCHF 2.5b19.3x25.5x1.8x
Sat, 14 Dec 2024CHF 64.3bCHF 35.4bCHF 2.5b19.4x26.1x1.8x
Mon, 11 Nov 2024CHF 65.5bCHF 35.4bCHF 2.5b19.5x26.5x1.8x
Wed, 09 Oct 2024CHF 67.3bCHF 35.4bCHF 2.4b21.1x27.5x1.9x
Fri, 06 Sep 2024CHF 65.1bCHF 35.4bCHF 2.4b21.4x26.6x1.8x
Sun, 04 Aug 2024CHF 64.3bCHF 35.8bCHF 2.5b19.8x25.5x1.8x
Tue, 02 Jul 2024CHF 67.8bCHF 36.4bCHF 2.6b18.5x26.1x1.9x
Thu, 30 May 2024CHF 69.1bCHF 36.3bCHF 2.6b20.6x26.6x1.9x
Sat, 27 Apr 2024CHF 66.3bCHF 36.3bCHF 2.6b19.3x25.6x1.8x
Mon, 25 Mar 2024CHF 67.8bCHF 36.4bCHF 2.6b20.5x26.4x1.9x
Wed, 21 Feb 2024CHF 69.3bCHF 41.2bCHF 2.9b17.4x24x1.7x
Fri, 19 Jan 2024CHF 63.8bCHF 41.5bCHF 2.9b15.3x22.3x1.5x
Sun, 17 Dec 2023CHF 66.7bCHF 41.5bCHF 2.9b15.9x23.3x1.6x
Tue, 14 Nov 2023CHF 60.5bCHF 41.6bCHF 2.9b15.2x21.1x1.5x
Thu, 12 Oct 2023CHF 60.1bCHF 41.6bCHF 2.8b15.6x21.4x1.4x
Sat, 09 Sep 2023CHF 61.9bCHF 41.6bCHF 2.8b16.6x22.1x1.5x
Mon, 07 Aug 2023CHF 65.2bCHF 41.7bCHF 2.8b17.6x23.5x1.6x
Wed, 05 Jul 2023CHF 66.0bCHF 40.6bCHF 2.5b23.9x26.3x1.6x
Fri, 02 Jun 2023CHF 65.9bCHF 41.0bCHF 2.5b23.3x26.1x1.6x
Sun, 30 Apr 2023CHF 66.2bCHF 41.0bCHF 2.5b23.3x26.2x1.6x
Tue, 28 Mar 2023CHF 64.8bCHF 40.8bCHF 2.5b26.8x26.3x1.6x
Price to Earnings Ratio

26.3x


Total Market Cap: CHF 64.8bTotal 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 31.4x 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 4.4% per year over the last three years,
  • Revenues have also declined 6.6% 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-3.73%
Industrials-3.32%
Machinery-2.21%
Construction Machinery and Vehicles-1.62%
Industrial Machinery-2.26%
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 13.1%, 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, 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 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 12% 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 507.600.8%
+CHF 125.9m		48.0%PE71x
SRAIL Stadler RailCHF 19.524.3%
+CHF 81.0m		-11.3%PE61.9x
KARN Kardex HoldingCHF 254.501.8%
+CHF 34.7m		3.7%PE51.8x
STGN StarragTornos GroupCHF 33.606.3%
+CHF 10.9m		-15.2%PE34.3x
PEDU Perrot Duval HoldingCHF 47.404.9%
+CHF 295.9k		-4.4%PS0.5x

Latest News

STGN
CHF 33.60
StarragTornos Group
7D
6.3%
1Y
-15.2%
DAE
CHF 140.60
Dätwyler Holding
7D
-6.3%
1Y
18.5%
SUN
CHF 157.80
Sulzer
7D
-1.4%
1Y
-2.7%
BUCN
CHF 337.50
Bucher Industries
7D
-4.8%
1Y
-11.4%
SRAIL
CHF 19.52
Stadler Rail
7D
4.3%
1Y
-11.3%

SRAIL: Upgraded Ratings And Higher Multiple Expectations Will Drive Bullish Repricing

Analysts have lifted their price target on Stadler Rail from CHF 26.70 to CHF 28.00, citing a higher fair value and updated assumptions on discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent bullish analysts have echoed the higher price target, flagging a higher perceived fair value for Stadler Rail that aligns with revised assumptions on discount rate, revenue growth, profit margins and future P/E levels.
SCHN
CHF 250.00
Schindler Holding
7D
-3.3%
1Y
-10.1%
GF
CHF 40.24
Georg Fischer
7D
-4.8%
1Y
-41.3%
KARN
CHF 254.50
Kardex Holding
7D
1.8%
1Y
3.7%
INRN
CHF 1,490.00
Interroll Holding
7D
-10.3%
1Y
-35.8%
SFSN
CHF 116.00
SFS Group
7D
-2.0%
1Y
-1.4%
BCHN
CHF 496.00
Burckhardt Compression Holding
7D
-4.8%
1Y
-18.3%
VACN
CHF 507.60
VAT Group
7D
0.8%
1Y
48.0%

VACN: Elevated Cycle Hopes Will Confront Rich Semiconductor Re Rating And Weak Non AI Demand

The analyst price target for VAT Group is updated to CHF 516.25 from CHF 469.88, reflecting recent Street research where several firms have lifted their CHF targets on the stock while maintaining generally neutral ratings. Analyst Commentary Recent research shows a wide spread in views on VAT Group, with several bullish analysts lifting price targets into the CHF 470 to CHF 620 range, while more cautious firms have moved to Underperform or expressed concerns at higher valuation levels.
PEDU
CHF 47.40
Perrot Duval Holding
7D
4.9%
1Y
-4.4%