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Swiss (SMI) Materials Sector Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies10
  • 7D0.4%
  • 3M12.7%
  • 1Y-3.3%
  • YTD2.2%

In the last week, the Materials industry is up 1.1%, with Sika up 3.3%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

Has the Swiss Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026CHF 146.4bCHF 54.4bCHF 3.7b28.2x39.4x2.7x
Fri, 22 May 2026CHF 134.1bCHF 54.1bCHF 3.7b24.3x36.3x2.5x
Sun, 19 Apr 2026CHF 143.0bCHF 53.9bCHF 3.7b27.5x38.6x2.7x
Tue, 17 Mar 2026CHF 128.0bCHF 54.0bCHF 3.7b25.7x34.4x2.4x
Thu, 12 Feb 2026CHF 143.9bCHF 64.8bCHF 7.0b26.5x20.4x2.2x
Sat, 10 Jan 2026CHF 145.1bCHF 65.4bCHF 7.1b24.7x20.4x2.2x
Mon, 08 Dec 2025CHF 140.9bCHF 65.4bCHF 7.1b21.5x19.8x2.2x
Wed, 05 Nov 2025CHF 133.6bCHF 65.5bCHF 7.1b20.2x18.8x2x
Fri, 03 Oct 2025CHF 135.4bCHF 65.3bCHF 7.1b22.2x19x2.1x
Sun, 31 Aug 2025CHF 143.8bCHF 65.4bCHF 7.1b24.3x20.1x2.2x
Tue, 29 Jul 2025CHF 148.9bCHF 66.3bCHF 7.2b28.1x20.8x2.2x
Thu, 26 Jun 2025CHF 149.2bCHF 66.5bCHF 7.0b30.7x21.2x2.2x
Sat, 24 May 2025CHF 149.9bCHF 59.3bCHF 6.0b34.7x25.2x2.5x
Mon, 21 Apr 2025CHF 137.8bCHF 59.3bCHF 6.0b32x23.1x2.3x
Wed, 19 Mar 2025CHF 155.6bCHF 59.8bCHF 5.9b29.7x26.3x2.6x
Fri, 14 Feb 2025CHF 158.3bCHF 60.0bCHF 6.0b30.5x26.5x2.6x
Sun, 12 Jan 2025CHF 146.6bCHF 59.8bCHF 5.9b28x24.8x2.5x
Tue, 10 Dec 2024CHF 150.2bCHF 59.7bCHF 5.9b30.5x25.4x2.5x
Thu, 07 Nov 2024CHF 152.8bCHF 59.8bCHF 5.9b32.2x25.8x2.6x
Sat, 05 Oct 2024CHF 159.0bCHF 59.8bCHF 5.9b31.6x26.9x2.7x
Mon, 02 Sep 2024CHF 159.2bCHF 59.9bCHF 5.9b31x26.8x2.7x
Wed, 31 Jul 2024CHF 158.4bCHF 60.2bCHF 5.8b28.7x27.5x2.6x
Fri, 28 Jun 2024CHF 156.7bCHF 60.3bCHF 5.7b27.3x27.3x2.6x
Sun, 26 May 2024CHF 161.7bCHF 60.5bCHF 5.7b29.8x28.2x2.7x
Tue, 23 Apr 2024CHF 150.8bCHF 60.4bCHF 5.6b28.4x26.8x2.5x
Thu, 21 Mar 2024CHF 153.9bCHF 60.4bCHF 5.7b30.9x27.2x2.5x
Sat, 17 Feb 2024CHF 141.1bCHF 61.7bCHF 5.7b31.7x24.7x2.3x
Mon, 15 Jan 2024CHF 138.8bCHF 62.2bCHF 5.8b32.7x23.9x2.2x
Wed, 13 Dec 2023CHF 142.1bCHF 62.2bCHF 5.8b33.4x24.5x2.3x
Fri, 10 Nov 2023CHF 131.5bCHF 62.4bCHF 5.8b30.7x22.7x2.1x
Sun, 08 Oct 2023CHF 129.0bCHF 62.0bCHF 5.8b29.8x22.4x2.1x
Tue, 05 Sep 2023CHF 133.3bCHF 61.9bCHF 5.8b31.4x23.1x2.2x
Thu, 03 Aug 2023CHF 139.3bCHF 62.2bCHF 6.1b35.8x22.8x2.2x
Sat, 01 Jul 2023CHF 136.9bCHF 64.0bCHF 5.9b33.9x23x2.1x
Price to Earnings Ratio

23x


Total Market Cap: CHF 136.9bTotal Earnings: CHF 5.9bTotal Revenue: CHF 64.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Materials Sector Price to Earnings3Y Average 25.1x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.7x which is higher than its 3-year average PE of 25.1x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 15% per year over the last three years,
  • Revenues have also declined 5.3% 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 Materials sector?

CH Market0.99%
Materials0.43%
Chemicals1.59%
Metals and Mining0%0
Paper and Forestry Products0%0
Basic Materials-0.68%
Packaging-1.81%
Industry PE
  • Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 17.9x.
    • Analysts are expecting annual earnings growth of 21.9%, which is higher than its past year's earnings decline of 39.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaging industry, expecting annual earnings growth of 45% over the next 5 years.
  • However this is lower than its past earnings growth rate of 165% per year.
  • In contrast, the Chemicals industry is expected to see its earnings grow by 8.3% 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
GIVN GivaudanCHF 3.28k2.9%
+CHF 849.1m		-17.8%PE28.2x
SIKA SikaCHF 161.051.0%
+CHF 256.7m		-26.8%PE24.7x
EMSN EMS-CHEMIE HOLDINGCHF 702.000.9%
+CHF 140.3m		18.1%PE35.2x
HOLN HolcimCHF 75.840.03%
+CHF 11.1m		30.8%PE107.8x

Latest News

GURN
CHF 33.60
Gurit Holding
7D
-8.2%
1Y
95.3%
Narrative Update • Jun 22

GURN: Steady Assumptions Will Likely Leave Shares Looking Overvalued

Analysts have kept their CHF fair value estimate for Gurit Holding steady at CHF 23.21, with minor tweaks to inputs such as the discount rate and future P/E assumptions. Together, these adjustments leave the overall price target effectively unchanged.
HOLN
CHF 75.84
Holcim
7D
0.03%
1Y
30.8%
SIKA
CHF 161.05
Sika
7D
1.0%
1Y
-26.8%
Analysis Article • Jun 17

Sika (SWX:SIKA) Stock Could Be 11.2% Undervalued After Belgian Expansion

Why Sika stock is in focus after Belgian expansion and survey results Sika (SWX:SIKA) has drawn fresh attention after commissioning a new concrete admixtures plant and technical center in Ham, Belgium, alongside reporting strong 2026 global employee engagement scores. See our latest analysis for Sika. The new Belgian facility and strong 2026 survey results arrive while Sika’s share price has gained momentum in the short term, with a 30 day share price return of 15.13% and 90 day share price...
SIGN
CHF 12.25
SIG Group
7D
-1.3%
1Y
-20.5%
Narrative Update • Jun 17

SIGN: Mexico Capacity Expansion And Nearshoring Will Support Share Re Rating

The analyst price target for SIG Group has been raised, with recent research pointing to a move toward CHF 13 as analysts factor in updated views on revenue growth, margins and valuation multiples. Analyst Commentary Recent Street research on SIG Group points to a more constructive tone, with several bullish analysts lifting price targets and, in some cases, adjusting ratings to reflect updated views on execution and valuation.
AMRZ
CHF 43.31
Amrize
7D
-1.9%
1Y
2.6%
GIVN
CHF 3,278.00
Givaudan
7D
2.9%
1Y
-17.8%
Narrative Update • Jun 09

GIVN: Pricing Power And Eurofragance Deal Will Support Future Margin Resilience

The analyst price target for Givaudan has been adjusted slightly to CHF 3,415 from CHF 3,447. This reflects a blend of cautious tweaks to growth and discount rate assumptions.
CLN
CHF 7.43
Clariant
7D
-2.2%
1Y
-13.5%
Narrative Update • Jun 07

CLN: Weaker Revenue Outlook And Conflict Exposure Will Restrain Future Upside

Analysts have modestly raised their fair value estimate for Clariant to CHF 6.00. Recent Street research, including a reduced price target of CHF 7.50 at Citi and an upgrade to Overweight with a CHF 9.30 target at JPMorgan, highlights differing views that center on discounted valuation and expectations for a higher-quality specialty chemicals profile.
VETN
CHF 18.08
Vetropack Holding
7D
-7.6%
1Y
-43.9%
CPHN
CHF 55.00
CPH Group
7D
-2.5%
1Y
-24.5%
EMSN
CHF 702.00
EMS-CHEMIE HOLDING
7D
0.9%
1Y
18.1%