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

Swiss (SMI) Machinery Industry Analysis

UpdatedDec 18, 2025
DataAggregated Company Financials
Companies21
  • 7D0.1%
  • 3M-10.7%
  • 1Y-11.5%
  • YTD-11.0%

The Machinery industry is up 1.1% in the last week, with Schindler Holding up 1.8%. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 01 Mar 2023CHF 66.6bCHF 39.1bCHF 2.3b30.5x28.9x1.7x
Fri, 27 Jan 2023CHF 65.2bCHF 40.5bCHF 2.5b27.6x25.9x1.6x
Sun, 25 Dec 2022CHF 59.1bCHF 40.5bCHF 2.5b26.1x23.4x1.5x
Price to Earnings Ratio

23.4x


Total Market Cap: CHF 59.1bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 26.3x202320242025
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 29.9x which is higher than its 3-year average PE of 26.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
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 Market0.66%
Industrials-0.77%
Machinery0.14%
Construction Machinery and Vehicles0.93%
Industrial Machinery0.069%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.0x.
    • Analysts are expecting annual earnings growth of 12.8%, 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 17.3x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 19% 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
SCHN Schindler HoldingCHF 277.002.0%
+CHF 590.7m		12.1%PE29.8x
SUN SulzerCHF 144.802.1%
+CHF 101.2m		9.7%PE17.9x
SRAIL Stadler RailCHF 19.592.5%
+CHF 47.0m		-1.1%PE62.1x
OERL OC OerlikonCHF 3.193.0%
+CHF 30.6m		-8.0%PE1038x
GF Georg FischerCHF 52.850.6%
+CHF 24.6m		-23.4%PE17.9x

Latest News

BCHN
CHF 532.00
Burckhardt Compression Holding
7D
0.4%
1Y
-18.7%

Why We Like The Returns At Burckhardt Compression Holding (VTX:BCHN)

Dec 13
Why We Like The Returns At Burckhardt Compression Holding (VTX:BCHN)
INRN
CHF 2,150.00
Interroll Holding
7D
-2.9%
1Y
7.2%

INRN: Higher Revenue Outlook Will Offset Modestly Lower Future Profit Margins

Analysts have raised their price target for Interroll Holding from CHF 2,000 to approximately CHF 2,375. This reflects increased confidence in higher long term revenue growth, despite a modest uptick in the assumed discount rate and slightly lower projected profit margins.
VACN
CHF 373.80
VAT Group
7D
-4.8%
1Y
4.4%
SCHN
CHF 277.00
Schindler Holding
7D
2.0%
1Y
12.1%

SCHN: Asian Agreement And Margins Will Shape Balanced Medium Term Outlook

Analysts have nudged their blended price target for Schindler Holding slightly higher to about CHF 298.5 from roughly CHF 298.1. This reflects modestly lower assumed revenue growth, offset by a slightly stronger profit margin outlook and a marginally higher future valuation multiple. Analyst Commentary Recent research points to a finely balanced view on Schindler Holding, with incremental changes in price targets reflecting both confidence in the companys execution and lingering caution around its growth trajectory and valuation.
SUN
CHF 144.80
Sulzer
7D
2.1%
1Y
9.7%

SUN: Long-Term Upside Will Emerge As Tariff Headwinds Ease

Analysts have trimmed their price target on Sulzer to CHF 173 from CHF 189, citing reduced estimates driven by softer demand from industrial and oil and gas customers amid tariff uncertainties and global conflicts. Analyst Commentary Analysts acknowledge that despite the reduced price target, Sulzer maintains a constructive investment case, with valuation and earnings expectations recalibrated to reflect a more challenging demand backdrop.
OERL
CHF 3.19
OC Oerlikon
7D
3.0%
1Y
-8.0%
RIEN
CHF 3.17
Rieter Holding
7D
-0.6%
1Y
-96.3%

RIEN: Lower Discount Rate Will Support Future Share Price Upside

Analysts have modestly raised their price target on Rieter Holding, citing slightly stronger long term revenue growth expectations and a lower discount rate, partly offset by a reduced profit margin outlook and a higher assumed future P/E multiple. What's in the News Rieter Holding lowered its full year 2025 sales guidance to around CHF 700 million, down from a previous range of CHF 750 million to CHF 800 million, while still targeting an EBIT margin at the lower end of 0% to 4% (company guidance).
GF
CHF 52.85
Georg Fischer
7D
0.6%
1Y
-23.4%

GF: Expanded High Purity Partnership Will Support Recovery Despite Rising End Market Risks

Analysts have trimmed their price targets for Georg Fischer, cutting the implied valuation range from roughly CHF 65 to CHF 85 to CHF 47 to CHF 75 as they factor in weaker revenue growth expectations and rising end market risks, despite only modestly improving margin and earnings multiple assumptions. Analyst Commentary Analyst opinions on Georg Fischer have turned more polarized, with one camp highlighting upside to the current share price and another warning that consensus expectations remain too optimistic given weakening end markets.
DAE
CHF 153.20
Dätwyler Holding
7D
-1.9%
1Y
12.5%

DAE: Outlook Will Balance Faster Revenue Outlook With Modestly Higher Profit Margins

Analysts have raised their price target for Dätwyler Holding from CHF 144.25 to CHF 158.00, reflecting increased confidence in faster revenue growth, slightly higher profit margins, and a modestly richer future earnings multiple. Valuation Changes The Fair Value Estimate has risen moderately from CHF 144.25 to CHF 158.00, suggesting a higher intrinsic value assessment for Dätwyler Holding.
KARN
CHF 268.00
Kardex Holding
7D
-2.9%
1Y
-4.5%
SFSN
CHF 105.40
SFS Group
7D
0.4%
1Y
-17.1%

SFS Group AG's (VTX:SFSN) Intrinsic Value Is Potentially 73% Above Its Share Price

Nov 29
SFS Group AG's (VTX:SFSN) Intrinsic Value Is Potentially 73% Above Its Share Price
SRAIL
CHF 19.59
Stadler Rail
7D
2.5%
1Y
-1.1%

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

Nov 26
Stadler Rail (VTX:SRAIL) Has Some Difficulty Using Its Capital Effectively
BYS
CHF 270.00
Bystronic
7D
1.5%
1Y
-11.5%
KOMN
CHF 63.20
Komax Holding
7D
-2.8%
1Y
-44.0%

Komax Holding AG (VTX:KOMN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 08
Komax Holding AG (VTX:KOMN) Shares Could Be 31% Below Their Intrinsic Value Estimate
STGN
CHF 29.00
StarragTornos Group
7D
-1.7%
1Y
-22.0%
MIKN
CHF 20.55
Mikron Holding
7D
-1.4%
1Y
50.0%