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Swiss (SMI) Machinery Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies20
  • 7D-1.0%
  • 3M-6.1%
  • 1Y-10.8%
  • YTD-1.1%

Over the last 7 days, the Machinery industry has remained flat. As for the longer term, the industry has declined 11% 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
Thu, 21 May 2026CHF 70.2bCHF 33.4bCHF 2.2b24.2x31.7x2.1x
Sat, 18 Apr 2026CHF 73.8bCHF 33.6bCHF 2.2b25.8x33.4x2.2x
Mon, 16 Mar 2026CHF 69.2bCHF 33.2bCHF 2.1b24.8x32.3x2.1x
Wed, 11 Feb 2026CHF 80.6bCHF 37.9bCHF 2.4b27.1x33.2x2.1x
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
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 27.1x202420252026
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 31.7x which is higher than its 3-year average PE of 27.1x.
  • 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 Market1.30%
Industrials-1.41%
Machinery-0.97%
Industrial Machinery-0.90%
Construction Machinery and Vehicles-1.85%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 28.8x.
    • Analysts are expecting annual earnings growth of 13.6%, 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 9.9% 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 604.402.0%
+CHF 353.6m		94.1%PE84.5x
SCHN Schindler HoldingCHF 252.500.6%
+CHF 160.2m		-15.1%PE26.4x
SFSN SFS GroupCHF 125.201.6%
+CHF 77.8m		7.2%PE22.2x
SUN SulzerCHF 147.201.4%
+CHF 70.8m		-4.0%PE17x
MIKN Mikron HoldingCHF 16.201.3%
+CHF 3.3m		-0.2%PE8.3x

Latest News

SRAIL
CHF 21.94
Stadler Rail
7D
-3.8%
1Y
3.4%
Narrative Update • May 19

SRAIL: Execution And Margin Pressures Will Challenge Optimistic Multi Year Revenue Guidance

Analysts have adjusted their outlook on Stadler Rail with a modest refinement to the implied price target. This reflects updated assumptions on discount rates, revenue growth and profit margins across recent UBS, JPMorgan, Oddo BHF and Kepler Cheuvreux research, while leaving the central fair value view at CHF 19.40.
SUN
CHF 147.20
Sulzer
7D
1.4%
1Y
-4.0%
Narrative Update • May 18

SUN: Dividend Visibility And Firmer Margins Will Support Future Upside

Analysts have kept Sulzer's price target steady at CHF220. They point to only small model adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions rather than a change in their overall view on the stock.
SCHN
CHF 252.50
Schindler Holding
7D
0.6%
1Y
-15.1%
Narrative Update • May 17

SCHN: Higher Future P/E Assumptions Will Drive Gradual Bullish Repricing

Narrative Update Schindler Holding's analyst price target has been raised by CHF 3 to CHF 319. Analysts cite updated assumptions for revenue growth, profit margins and a higher future P/E multiple as key drivers of the change.
KARN
CHF 263.00
Kardex Holding
7D
-4.5%
1Y
8.0%
OERL
CHF 3.56
OC Oerlikon
7D
-1.7%
1Y
-3.8%
INRN
CHF 1,576.00
Interroll Holding
7D
-4.5%
1Y
-18.0%
DAE
CHF 161.40
Dätwyler Holding
7D
-2.4%
1Y
34.1%
Narrative Update • May 05

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 604.40
VAT Group
7D
2.0%
1Y
94.1%
Narrative Update • May 04

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 41.66
Georg Fischer
7D
-0.9%
1Y
-35.4%
Narrative Update • May 03

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.
SFSN
CHF 125.20
SFS Group
7D
1.6%
1Y
7.2%
ADVN
CHF 40.80
Adval Tech Holding
7D
2.5%
1Y
-20.8%
STGN
CHF 31.40
StarragTornos Group
7D
-6.8%
1Y
-12.3%
MIKN
CHF 16.20
Mikron Holding
7D
1.3%
1Y
-0.2%
STRN
CHF 18.70
Schlatter Industries
7D
1.1%
1Y
-15.8%
KOMN
CHF 54.10
Komax Holding
7D
-2.5%
1Y
-49.4%
KLIN
CHF 10.45
Klingelnberg
7D
0.5%
1Y
-19.0%