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Swiss (SMI) Machinery Industry Analysis

UpdatedApr 03, 2026
DataAggregated Company Financials
Companies20
  • 7D-0.3%
  • 3M-1.5%
  • 1Y-5.1%
  • YTD-4.9%

In the last week, the Machinery industry is flat overall, with VAT Group standing out by going down 4.5%. As for the longer term, the industry has declined 8.1% in the last year. 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, 03 Apr 2026CHF 67.5bCHF 33.6bCHF 2.2b22.8x30.6x2x
Sun, 01 Mar 2026CHF 75.0bCHF 33.3bCHF 2.2b26.8x34.2x2.3x
Tue, 27 Jan 2026CHF 78.6bCHF 37.9bCHF 2.4b28.3x32.3x2.1x
Thu, 25 Dec 2025CHF 73.2bCHF 37.9bCHF 2.4b29.2x30.1x1.9x
Sat, 22 Nov 2025CHF 67.5bCHF 37.9bCHF 2.4b27.9x27.8x1.8x
Mon, 20 Oct 2025CHF 71.4bCHF 38.1bCHF 2.4b19.6x29.2x1.9x
Wed, 17 Sep 2025CHF 72.8bCHF 38.1bCHF 2.5b20.6x29.7x1.9x
Fri, 15 Aug 2025CHF 73.9bCHF 38.0bCHF 2.5b22.6x30x1.9x
Sun, 13 Jul 2025CHF 68.7bCHF 34.7bCHF 2.3b19.8x30.2x2x
Tue, 10 Jun 2025CHF 68.7bCHF 34.7bCHF 2.3b20.3x30.1x2x
Thu, 08 May 2025CHF 65.1bCHF 34.6bCHF 2.3b19.7x28.7x1.9x
Sat, 05 Apr 2025CHF 59.5bCHF 34.6bCHF 2.3b17.8x26.4x1.7x
Mon, 03 Mar 2025CHF 66.4bCHF 35.1bCHF 2.4b20.1x27.7x1.9x
Wed, 29 Jan 2025CHF 64.4bCHF 35.4bCHF 2.5b20.4x26.1x1.8x
Fri, 27 Dec 2024CHF 62.9bCHF 35.4bCHF 2.5b19.3x25.5x1.8x
Sun, 24 Nov 2024CHF 63.5bCHF 35.4bCHF 2.5b19.3x25.8x1.8x
Tue, 22 Oct 2024CHF 66.6bCHF 35.4bCHF 2.5b20.9x27.1x1.9x
Thu, 19 Sep 2024CHF 66.3bCHF 35.4bCHF 2.4b21x27.1x1.9x
Sat, 17 Aug 2024CHF 65.8bCHF 35.4bCHF 2.4b21.4x26.9x1.9x
Mon, 15 Jul 2024CHF 69.8bCHF 36.4bCHF 2.6b19.5x26.8x1.9x
Wed, 12 Jun 2024CHF 69.0bCHF 36.3bCHF 2.6b19.5x26.5x1.9x
Fri, 10 May 2024CHF 68.2bCHF 36.3bCHF 2.6b20.2x26.3x1.9x
Sun, 07 Apr 2024CHF 67.6bCHF 36.4bCHF 2.6b22.1x26.3x1.9x
Tue, 05 Mar 2024CHF 71.7bCHF 40.7bCHF 2.9b19.7x25.1x1.8x
Thu, 01 Feb 2024CHF 65.6bCHF 41.5bCHF 2.9b15.7x22.9x1.6x
Sat, 30 Dec 2023CHF 66.6bCHF 41.5bCHF 2.9b16x23.2x1.6x
Mon, 27 Nov 2023CHF 62.8bCHF 41.5bCHF 2.9b15.5x21.9x1.5x
Wed, 25 Oct 2023CHF 56.9bCHF 41.5bCHF 2.9b14.3x19.9x1.4x
Fri, 22 Sep 2023CHF 60.8bCHF 41.6bCHF 2.8b16x21.7x1.5x
Sun, 20 Aug 2023CHF 62.1bCHF 41.8bCHF 2.8b16.5x22.3x1.5x
Tue, 18 Jul 2023CHF 66.2bCHF 40.6bCHF 2.5b23x26.4x1.6x
Thu, 15 Jun 2023CHF 68.9bCHF 41.1bCHF 2.5b24.1x27.1x1.7x
Sat, 13 May 2023CHF 66.7bCHF 41.0bCHF 2.5b24.3x26.4x1.6x
Mon, 10 Apr 2023CHF 63.4bCHF 40.8bCHF 2.5b26.3x25.7x1.6x
Price to Earnings Ratio

25.7x


Total Market Cap: CHF 63.4bTotal 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 30.8x 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 Market2.34%
Industrials1.04%
Machinery-0.26%
Construction Machinery and Vehicles0.88%
Industrial Machinery-0.36%
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 13.0%, 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 9.1% 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 250.501.8%
+CHF 480.5m		-6.5%PE26.4x
DAE Dätwyler HoldingCHF 143.801.8%
+CHF 44.2m		26.1%PE30.3x
OERL OC OerlikonCHF 3.194.4%
+CHF 43.7m		-10.1%PS0.7x
SRAIL Stadler RailCHF 20.441.9%
+CHF 38.0m		1.2%PE23.2x
GF Georg FischerCHF 41.020.5%
+CHF 18.0m		-31.9%PE17.2x

Latest News

STRN
CHF 18.40
Schlatter Industries
7D
-8.0%
1Y
-14.0%
STGN
CHF 33.00
StarragTornos Group
7D
-2.7%
1Y
-10.8%
KARN
CHF 242.50
Kardex Holding
7D
-4.0%
1Y
10.0%
BUCN
CHF 350.00
Bucher Industries
7D
0.3%
1Y
0%

BUCN: Softer Outlook But Share Buyback And Stable Margins Support Upside Potential

Analysts have trimmed their price targets on Bucher Industries, bringing the updated target closer to CHF 390. This reflects a softer near to medium term outlook and muted near term growth with limited margin support.
OERL
CHF 3.19
OC Oerlikon
7D
4.4%
1Y
-10.1%

Future Turbine Demand And Materials Science Capabilities Will Support Fair Long Term Prospects

Catalysts About OC Oerlikon OC Oerlikon is a materials science and surface engineering group focused on coatings, materials, components and equipment across multiple industrial end markets. What are the underlying business or industry changes driving this perspective?
MIKN
CHF 15.84
Mikron Holding
7D
-3.5%
1Y
-2.5%
SRAIL
CHF 20.44
Stadler Rail
7D
1.9%
1Y
1.2%
RIEN
CHF 3.13
Rieter Holding
7D
2.0%
1Y
-95.4%
INRN
CHF 1,498.00
Interroll Holding
7D
-2.0%
1Y
-21.9%

INRN: Higher R&D And Marketing Spend Will Support Future Earnings Power

The analyst price target for Interroll Holding has been revised to CHF 2,400 from CHF 2,682. Analysts attribute the change to updated assumptions for fair value, discount rate, revenue growth, and profit margin following recent target cuts from the Street.
BCHN
CHF 486.00
Burckhardt Compression Holding
7D
-1.4%
1Y
-14.0%

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 250.50
Schindler Holding
7D
1.8%
1Y
-6.5%

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.
DAE
CHF 143.80
Dätwyler Holding
7D
1.8%
1Y
26.1%

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 489.40
VAT Group
7D
-4.5%
1Y
73.9%

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 41.02
Georg Fischer
7D
0.5%
1Y
-31.9%

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 166.80
Sulzer
7D
-0.2%
1Y
19.0%

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 217.50
Bystronic
7D
3.6%
1Y
-23.0%