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Swiss (SMI) Machinery Industry Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies21
  • 7D4.0%
  • 3M4.9%
  • 1Y-5.9%
  • YTD0.6%

The Machinery industry is up 4.0% in the last week, with VAT Group up 12%. In the same time, Bucher Industries was down 6.0%. In the past year, the industry is down 5.9%. 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
Fri, 09 Jan 2026CHF 76.4bCHF 38.0bCHF 2.4b30.1x31.4x2x
Sun, 07 Dec 2025CHF 72.1bCHF 38.0bCHF 2.4b29.1x29.7x1.9x
Tue, 04 Nov 2025CHF 70.1bCHF 38.0bCHF 2.5b19.1x28.5x1.8x
Thu, 02 Oct 2025CHF 71.9bCHF 38.1bCHF 2.5b20.5x29.3x1.9x
Sat, 30 Aug 2025CHF 71.8bCHF 38.1bCHF 2.5b22.3x29.3x1.9x
Mon, 28 Jul 2025CHF 73.6bCHF 38.2bCHF 2.5b20.6x29.1x1.9x
Wed, 25 Jun 2025CHF 66.2bCHF 34.7bCHF 2.3b19.4x29x1.9x
Fri, 23 May 2025CHF 67.4bCHF 34.6bCHF 2.3b20.8x29.7x1.9x
Sun, 20 Apr 2025CHF 60.6bCHF 34.5bCHF 2.2b17.9x27x1.8x
Tue, 18 Mar 2025CHF 68.8bCHF 34.9bCHF 2.3b20.5x29.4x2x
Thu, 13 Feb 2025CHF 66.4bCHF 35.4bCHF 2.4b20.4x27.4x1.9x
Sat, 11 Jan 2025CHF 63.4bCHF 35.4bCHF 2.5b19.2x25.7x1.8x
Mon, 09 Dec 2024CHF 65.0bCHF 35.4bCHF 2.5b19.6x26.4x1.8x
Wed, 06 Nov 2024CHF 65.0bCHF 35.4bCHF 2.5b20.3x26.4x1.8x
Fri, 04 Oct 2024CHF 67.9bCHF 35.4bCHF 2.4b20.9x27.8x1.9x
Sun, 01 Sep 2024CHF 67.4bCHF 35.4bCHF 2.4b22.7x27.6x1.9x
Tue, 30 Jul 2024CHF 66.4bCHF 35.7bCHF 2.5b20.3x26.3x1.9x
Thu, 27 Jun 2024CHF 66.9bCHF 36.4bCHF 2.6b18.6x25.8x1.8x
Sat, 25 May 2024CHF 70.8bCHF 36.3bCHF 2.6b20.8x27.3x2x
Mon, 22 Apr 2024CHF 65.7bCHF 36.3bCHF 2.6b19.3x25.3x1.8x
Wed, 20 Mar 2024CHF 72.8bCHF 40.4bCHF 2.8b20.7x25.6x1.8x
Fri, 16 Feb 2024CHF 68.7bCHF 41.3bCHF 2.8b16.4x24.2x1.7x
Sun, 14 Jan 2024CHF 65.3bCHF 41.5bCHF 2.9b15.8x22.8x1.6x
Tue, 12 Dec 2023CHF 64.3bCHF 41.5bCHF 2.9b15.2x22.4x1.5x
Thu, 09 Nov 2023CHF 59.5bCHF 41.6bCHF 2.9b15x20.8x1.4x
Sat, 07 Oct 2023CHF 59.3bCHF 41.6bCHF 2.8b15.4x21.2x1.4x
Mon, 04 Sep 2023CHF 63.2bCHF 41.6bCHF 2.8b16.9x22.5x1.5x
Wed, 02 Aug 2023CHF 66.2bCHF 41.7bCHF 2.8b17.5x23.8x1.6x
Fri, 30 Jun 2023CHF 66.9bCHF 41.2bCHF 2.5b22.7x26.3x1.6x
Sun, 28 May 2023CHF 66.7bCHF 41.0bCHF 2.5b23.6x26.4x1.6x
Tue, 25 Apr 2023CHF 66.5bCHF 41.0bCHF 2.5b23.4x26.3x1.6x
Thu, 23 Mar 2023CHF 66.5bCHF 40.8bCHF 2.5b26.9x26.9x1.6x
Sat, 18 Feb 2023CHF 65.6bCHF 38.9bCHF 2.4b30.8x27.3x1.7x
Mon, 16 Jan 2023CHF 64.3bCHF 40.5bCHF 2.5b28.1x25.5x1.6x
Price to Earnings Ratio

25.5x


Total Market Cap: CHF 64.3bTotal Earnings: CHF 2.5bTotal Revenue: CHF 40.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Machinery Industry Price to Earnings3Y Average 26.4x202420252026
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 26.4x.
  • 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 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 Market1.23%
Industrials2.15%
Machinery4.00%
Industrial Machinery4.55%
Construction Machinery and Vehicles-2.40%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.1x.
    • Analysts are expecting annual earnings growth of 12.5%, 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 17.4x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 16% 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 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 443.7015.0%
+CHF 1.7b		29.5%PE59.5x
SCHN Schindler HoldingCHF 290.503.2%
+CHF 966.6m		17.6%PE31.3x
SFSN SFS GroupCHF 115.406.3%
+CHF 264.3m		-3.2%PE19x
SUN SulzerCHF 153.804.3%
+CHF 215.9m		12.1%PE19x
KARN Kardex HoldingCHF 290.004.9%
+CHF 104.1m		1.6%PE30.5x

Latest News

SCHN
CHF 290.50
Schindler Holding
7D
3.2%
1Y
17.6%

SCHN: Slightly Lowered Assumptions And Investor Day Updates Will Guide Medium Term Outlook

Analysts have reduced their price target on Schindler Holding to CHF 287 from CHF 294. This adjustment reflects slightly updated assumptions on the discount rate, revenue growth, profit margins and expected future P/E multiples.
BUCN
CHF 348.50
Bucher Industries
7D
-5.4%
1Y
7.6%
SFSN
CHF 115.40
SFS Group
7D
6.3%
1Y
-3.2%
VACN
CHF 443.70
VAT Group
7D
15.0%
1Y
29.5%
OERL
CHF 3.48
OC Oerlikon
7D
7.7%
1Y
-0.1%

OERL: Future Returns Will Reflect Stable Valuation And Upcoming CFO Transition

Analysts have slightly adjusted their price assumptions for OC Oerlikon, keeping fair value broadly unchanged around €3.33, as small tweaks to the discount rate, revenue growth outlook and profit margin forecasts offset each other in their models. What's in the News OC Oerlikon Management AG announced that Marco Freidl will become Chief Financial Officer, effective November 2025, succeeding Markus Richter (Key Developments).
DAE
CHF 165.80
Dätwyler Holding
7D
1.3%
1Y
23.7%

Is Dätwyler Holding AG (VTX:DAE) Worth CHF166 Based On Its Intrinsic Value?

Jan 07
Is Dätwyler Holding AG (VTX:DAE) Worth CHF166 Based On Its Intrinsic Value?
GF
CHF 53.45
Georg Fischer
7D
-0.3%
1Y
-21.2%
INRN
CHF 2,280.00
Interroll Holding
7D
3.6%
1Y
7.0%

INRN Will See Moderated Profit Outlook Support A Strong Long-Term Upside Potential

Analysts have trimmed their price target for Interroll Holding from CHF 3,175.81 to CHF 3,034.00, reflecting more cautious assumptions on revenue growth, profitability, and a slightly higher discount rate. Valuation Changes Fair Value Estimate reduced moderately from CHF 3,175.81 to CHF 3,034.00, implying a lower central valuation for Interroll Holding.
SUN
CHF 153.80
Sulzer
7D
4.3%
1Y
12.1%

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

Analysts have modestly raised their price target on Sulzer to CHF 171.67 per share, reflecting slightly lower discount rate assumptions and stable expectations for revenue growth, margins, and future valuation multiples. Valuation Changes Fair Value: unchanged at CHF 171.67 per share, indicating no revision to the intrinsic value estimate.
KARN
CHF 290.00
Kardex Holding
7D
4.9%
1Y
1.6%
SRAIL
CHF 19.69
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
ADVN
CHF 37.60
Adval Tech Holding
7D
-5.1%
1Y
-52.7%

Is Adval Tech Holding (VTX:ADVN) Using Too Much Debt?

Oct 28
Is Adval Tech Holding (VTX:ADVN) Using Too Much Debt?