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Swiss (SMI) Machinery Industry Analysis

UpdatedApr 09, 2026
DataAggregated Company Financials
Companies20
  • 7D2.1%
  • 3M-2.7%
  • 1Y6.9%
  • YTD-2.0%

Over the last 7 days, the Machinery industry has risen 2.1%, driven by gains from VAT Group of 4.7%. In the last 12 months, the industry was up 6.9%. 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
Thu, 09 Apr 2026CHF 69.6bCHF 33.6bCHF 2.2b23.3x31.5x2.1x
Sat, 07 Mar 2026CHF 70.7bCHF 33.2bCHF 2.2b24.8x32.2x2.1x
Mon, 02 Feb 2026CHF 77.2bCHF 37.9bCHF 2.4b25.8x31.8x2x
Wed, 31 Dec 2025CHF 73.5bCHF 37.9bCHF 2.4b29.1x30.2x1.9x
Fri, 28 Nov 2025CHF 70.3bCHF 38.0bCHF 2.4b29x28.9x1.9x
Sun, 26 Oct 2025CHF 71.7bCHF 38.0bCHF 2.5b19.6x29.2x1.9x
Tue, 23 Sep 2025CHF 73.4bCHF 38.1bCHF 2.5b20.2x29.9x1.9x
Thu, 21 Aug 2025CHF 73.8bCHF 38.0bCHF 2.5b22.6x30x1.9x
Sat, 19 Jul 2025CHF 69.3bCHF 34.7bCHF 2.3b20.8x30.4x2x
Mon, 16 Jun 2025CHF 68.0bCHF 34.7bCHF 2.3b20.3x29.8x2x
Wed, 14 May 2025CHF 67.9bCHF 34.6bCHF 2.3b20.9x29.9x2x
Fri, 11 Apr 2025CHF 58.9bCHF 34.5bCHF 2.2b17.8x26.2x1.7x
Sun, 09 Mar 2025CHF 68.6bCHF 35.2bCHF 2.4b20x28.5x1.9x
Tue, 04 Feb 2025CHF 66.1bCHF 35.4bCHF 2.5b20x26.8x1.9x
Thu, 02 Jan 2025CHF 63.3bCHF 35.4bCHF 2.5b19.4x25.7x1.8x
Sat, 30 Nov 2024CHF 64.5bCHF 35.4bCHF 2.5b19.7x26.2x1.8x
Mon, 28 Oct 2024CHF 66.0bCHF 35.4bCHF 2.5b20.9x26.8x1.9x
Wed, 25 Sep 2024CHF 66.5bCHF 35.4bCHF 2.4b20.7x27.2x1.9x
Fri, 23 Aug 2024CHF 66.6bCHF 35.4bCHF 2.4b21.9x27.3x1.9x
Sun, 21 Jul 2024CHF 66.6bCHF 36.0bCHF 2.6b19.7x25.8x1.9x
Tue, 18 Jun 2024CHF 68.4bCHF 36.3bCHF 2.6b18.9x26.3x1.9x
Thu, 16 May 2024CHF 70.0bCHF 36.3bCHF 2.6b21x27x1.9x
Sat, 13 Apr 2024CHF 66.6bCHF 36.4bCHF 2.6b21.6x25.9x1.8x
Mon, 11 Mar 2024CHF 72.6bCHF 40.6bCHF 2.8b20.3x25.8x1.8x
Wed, 07 Feb 2024CHF 66.1bCHF 41.3bCHF 2.9b16.1x23.2x1.6x
Fri, 05 Jan 2024CHF 64.8bCHF 41.5bCHF 2.9b15.7x22.6x1.6x
Sun, 03 Dec 2023CHF 63.8bCHF 41.5bCHF 2.9b15.4x22.2x1.5x
Tue, 31 Oct 2023CHF 56.2bCHF 41.5bCHF 2.9b13.9x19.7x1.4x
Thu, 28 Sep 2023CHF 59.5bCHF 41.6bCHF 2.8b15.4x21.2x1.4x
Sat, 26 Aug 2023CHF 62.1bCHF 41.8bCHF 2.8b16.6x22.3x1.5x
Mon, 24 Jul 2023CHF 66.1bCHF 41.3bCHF 2.6b19.6x25x1.6x
Wed, 21 Jun 2023CHF 66.1bCHF 41.1bCHF 2.5b23.3x26x1.6x
Fri, 19 May 2023CHF 65.8bCHF 41.0bCHF 2.5b23.9x26x1.6x
Sun, 16 Apr 2023CHF 66.0bCHF 40.8bCHF 2.5b26.8x26.8x1.6x
Price to Earnings Ratio

26.8x


Total Market Cap: CHF 66.0bTotal 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 31.5x 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 2.1x.
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 Market0.99%
Industrials3.29%
Machinery2.08%
Industrial Machinery2.18%
Construction Machinery and Vehicles0.95%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.6x.
    • 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, 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 8.7% 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 519.004.7%
+CHF 698.2m		98.1%PE72.6x
SCHN Schindler HoldingCHF 254.501.2%
+CHF 320.3m		2.0%PE26.8x
OERL OC OerlikonCHF 3.5411.3%
+CHF 116.9m		17.4%PS0.7x
BCHN Burckhardt Compression HoldingCHF 513.004.9%
+CHF 81.1m		0.6%PE16.5x
BUCN Bucher IndustriesCHF 361.502.0%
+CHF 69.4m		13.9%PE15.2x

Latest News

BCHN
CHF 513.00
Burckhardt Compression Holding
7D
4.9%
1Y
0.6%
SRAIL
CHF 20.60
Stadler Rail
7D
-0.8%
1Y
7.9%
PEDU
CHF 45.40
Perrot Duval Holding
7D
-0.4%
1Y
-23.1%
OERL
CHF 3.54
OC Oerlikon
7D
11.3%
1Y
17.4%

OERL: Future Upside Will Hinge On Extraordinary Dividend Delivery

Analysts have nudged the price target for OC Oerlikon slightly higher, reflecting updated fair value estimates around CHF 4.15 to CHF 4.17 and recent Street research that raised targets to CHF 3.80 and CHF 4.40, while balancing richer valuation with expectations for a potential special dividend after the Barmag divestment. Analyst Commentary Bullish Takeaways Bullish analysts point to the raised price targets in the CHF 3.80 to CHF 4.40 range as a sign that updated fair value estimates support current trading levels, even after the recent rally.
DAE
CHF 147.00
Dätwyler Holding
7D
1.0%
1Y
35.6%

DAE: Drug Delivery Collaboration Will Support Bullish Outlook On Future Earnings

Analysts have nudged their fair value estimate for Dätwyler Holding from CHF 178.00 to about CHF 179.67. This reflects slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E that together support a modestly higher price target in CHF terms.
VACN
CHF 519.00
VAT Group
7D
4.7%
1Y
98.1%

VACN: Elevated P E Multiples Will Likely Face Pressure As Non AI Demand Lags

The updated analyst price target for VAT Group reflects a modestly higher fair value estimate of CHF 355.58, supported by slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E. It is broadly consistent with recent target raises from CHF 400 to CHF 620 across several banks.
GF
CHF 41.92
Georg Fischer
7D
1.6%
1Y
-21.6%

GF: Neutral Upgrade And Stable Margins Will Support Future Rerating

Analysts have revised their price target on Georg Fischer to CHF 62.80 from CHF 63.23, reflecting updated views on fair value, discount rate, revenue growth, profit margin and future P/E, following recent upgrades in Street research, including a shift to Neutral at CHF 44 from a major bank. Analyst Commentary Recent research points to a shift in tone around Georg Fischer, with the move to a Neutral stance at CHF 44 and a refined price target of CHF 62.80 reflecting updated views on valuation, earnings power and execution risks.
SUN
CHF 170.60
Sulzer
7D
0.7%
1Y
38.7%

SUN: Stable Dividend And Unchanged Outlook Will Likely Keep Shares Overpriced

Analysts are keeping Sulzer's price target steady at CHF 130. Only minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions do not materially change their overall valuation view.
BUCN
CHF 361.50
Bucher Industries
7D
2.0%
1Y
13.9%

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.
SCHN
CHF 254.50
Schindler Holding
7D
1.2%
1Y
2.0%

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.
KOMN
CHF 52.90
Komax Holding
7D
-0.2%
1Y
-39.5%
ADVN
CHF 35.00
Adval Tech Holding
7D
-1.1%
1Y
-41.2%