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Swiss (SMI) Machinery Industry Analysis

UpdatedMay 06, 2026
DataAggregated Company Financials
Companies20
  • 7D1.9%
  • 3M-3.5%
  • 1Y-3.6%
  • YTD1.2%

The Machinery is pretty flat in the last 7 days, but VAT Group has stood out, gaining 7.5%. As for the longer term, the industry has declined 4.4% in the last 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
Wed, 06 May 2026CHF 72.0bCHF 33.4bCHF 2.2b25x32.4x2.2x
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
Price to Earnings Ratio

26.4x


Total Market Cap: CHF 66.7bTotal Earnings: CHF 2.5bTotal Revenue: CHF 41.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 27x202420252026
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 32.2x which is higher than its 3-year average PE of 27.0x.
  • 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 4.3% 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-0.30%
Industrials2.28%
Machinery1.87%
Industrial Machinery1.91%
Construction Machinery and Vehicles1.32%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.7x.
    • Analysts are expecting annual earnings growth of 13.7%, 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 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 14% 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 10% 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 598.407.5%
+CHF 1.3b		104.7%PE83.7x
SFSN SFS GroupCHF 120.202.4%
+CHF 108.9m		9.1%PE21.3x
DAE Dätwyler HoldingCHF 162.804.1%
+CHF 108.8m		38.7%PE34.3x
SRAIL Stadler RailCHF 23.004.1%
+CHF 90.0m		6.7%PE26.1x
OERL OC OerlikonCHF 3.476.3%
+CHF 66.9m		-13.5%PS0.7x

Latest News

DAE
CHF 162.80
Dätwyler Holding
7D
4.1%
1Y
38.7%

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

Analysts have adjusted their price target for Dätwyler Holding to CHF183.50 from CHF179.67, reflecting updated assumptions for revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: CHF183.50 compared with CHF179.67, a modest upward revision in the modelled estimate.
VACN
CHF 598.40
VAT Group
7D
7.5%
1Y
104.7%

VACN: Elevated P E Multiples Will Likely Face Pressure From Execution Risks

VAT Group's updated analyst price target of CHF 465, up from CHF 355.58, reflects analysts incorporating Street research that points to slightly higher projected revenue growth, a modestly higher discount rate, and a richer future P/E multiple, alongside relatively stable profit margin expectations. Analyst Commentary Recent Street research on VAT Group shows a wide range of price targets, with several firms setting levels between CHF 466 and CHF 620.
GF
CHF 43.08
Georg Fischer
7D
1.2%
1Y
-28.9%

GF: Neutral Rating Shift And Margin Efficiency Will Support Future Rerating

Analysts have trimmed their fair value estimate for Georg Fischer from about CHF 62.80 to roughly CHF 61.37, reflecting slightly softer revenue growth assumptions, a marginally higher discount rate and a modestly lower future P/E, even as projected profit margins edge up. Analyst Commentary Recent research points to a shift toward a more balanced stance on Georg Fischer, with the fair value estimate adjusted to about CHF 61.37 and at least one target price framed at CHF 44.
KARN
CHF 272.00
Kardex Holding
7D
-0.9%
1Y
28.0%
SUN
CHF 148.20
Sulzer
7D
0.5%
1Y
3.5%

SUN: Higher Margins And Dividend Outlook Will Support Future Upside

Analysts have raised their price target for Sulzer from CHF 200 to CHF 220, citing updated assumptions that combine a lower revenue growth outlook with expectations for higher profit margins and a slightly adjusted P/E multiple. What's in the News Sulzer AG announced an annual dividend of CHF 4.75 per share.
BUCN
CHF 312.00
Bucher Industries
7D
-0.6%
1Y
-15.9%
RIEN
CHF 3.19
Rieter Holding
7D
-2.9%
1Y
-95.6%
SFSN
CHF 120.20
SFS Group
7D
2.4%
1Y
9.1%
SRAIL
CHF 23.00
Stadler Rail
7D
4.1%
1Y
6.7%

SRAIL: Execution And Margin Risks Will Undermine Confidence In Earnings Guidance

Analysts have refined their view on Stadler Rail, with the average price target adjusting slightly to CHF 19.40. Modest changes to the discount rate, revenue growth assumptions and future P/E expectations reflect a mix of recent upgrades and a small reduction to one major target.
SCHN
CHF 259.00
Schindler Holding
7D
-0.8%
1Y
-9.3%

Schindler Holding AG (VTX:SCHN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Apr 26
Schindler Holding AG (VTX:SCHN) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
INRN
CHF 1,596.00
Interroll Holding
7D
-3.3%
1Y
-14.1%

INRN: Margin Resilience And R&D Spending Will Underpin Future Upside Potential

Analysts have lowered their price target on Interroll Holding by CHF 100 to reflect updated assumptions for discount rates and long-term revenue growth, while still viewing the company as supported by its margin profile. Analyst Commentary Bullish analysts trimming their price targets by CHF 100 are still signaling that Interroll Holding’s equity story rests on fundamentals they view as intact, especially around margins and long term revenue assumptions.
BCHN
CHF 517.00
Burckhardt Compression Holding
7D
-0.6%
1Y
-10.1%

BCHN: Future Upside Will Rely On Sustained Premium P/E Framework

Analysts have adjusted their price targets on Burckhardt Compression Holding slightly, reflecting small tweaks to assumptions around the discount rate and future P/E multiple, while keeping their CHF fair value estimate effectively unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the current fair value framework for Burckhardt Compression Holding as broadly intact, with the small technical changes to discount rate and P/E assumptions viewed as fine tuning rather than a shift in core conviction.
OERL
CHF 3.47
OC Oerlikon
7D
6.3%
1Y
-13.5%
BYS
CHF 195.00
Bystronic
7D
1.4%
1Y
-24.9%
MIKN
CHF 15.75
Mikron Holding
7D
-5.7%
1Y
-0.9%
KOMN
CHF 53.50
Komax Holding
7D
-2.7%
1Y
-49.1%