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Swiss (SMI) Real Estate Sector Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies24
  • 7D-1.2%
  • 3M-4.4%
  • 1Y14.1%
  • YTD9.0%

Over the last 7 days, the Real Estate industry has dropped 1.2%, driven by Swiss Prime Site declining 2.4%. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are forecast to decline by 6.3% per annum.

Sector Valuation and Performance

Has the Swiss Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025CHF 30.7bCHF 2.8bCHF 1.9b14x16.3x11.1x
Sat, 16 Aug 2025CHF 31.9bCHF 2.9bCHF 1.6b18x20.2x11x
Mon, 14 Jul 2025CHF 33.8bCHF 2.9bCHF 1.5b18.2x22.7x11.8x
Wed, 11 Jun 2025CHF 34.1bCHF 2.9bCHF 1.5b17.7x23x11.9x
Fri, 09 May 2025CHF 33.0bCHF 2.9bCHF 1.5b17.7x22x11.4x
Sun, 06 Apr 2025CHF 30.4bCHF 2.9bCHF 1.4b17.3x21x10.6x
Tue, 04 Mar 2025CHF 30.0bCHF 3.0bCHF 1.3b20.5x22.8x10.1x
Thu, 30 Jan 2025CHF 29.5bCHF 2.9bCHF 812.4m28.2x36.3x10.2x
Sat, 28 Dec 2024CHF 28.5bCHF 2.9bCHF 813.5m27.8x35x9.9x
Mon, 25 Nov 2024CHF 27.2bCHF 2.9bCHF 775.8m25.9x35x9.4x
Wed, 23 Oct 2024CHF 26.9bCHF 2.9bCHF 823.7m25.5x32.6x9.3x
Fri, 20 Sep 2024CHF 26.9bCHF 2.9bCHF 811.8m25.3x33.1x9.4x
Sun, 18 Aug 2024CHF 26.3bCHF 3.0bCHF 324.9m36.1x81x8.8x
Tue, 16 Jul 2024CHF 25.9bCHF 3.0bCHF 287.4m37.9x90.2x8.7x
Thu, 13 Jun 2024CHF 24.8bCHF 3.0bCHF 286.6m37.8x86.7x8.3x
Sat, 11 May 2024CHF 25.5bCHF 3.0bCHF 283.5m36.1x89.8x8.5x
Mon, 08 Apr 2024CHF 25.8bCHF 3.0bCHF 261.4m37.1x98.5x8.6x
Wed, 06 Mar 2024CHF 25.1bCHF 3.0bCHF 357.9m34.7x70.1x8.3x
Fri, 02 Feb 2024CHF 25.4bCHF 3.3bCHF 713.2m26.9x35.6x7.7x
Sun, 31 Dec 2023CHF 25.7bCHF 3.3bCHF 715.8m27.9x36x7.8x
Tue, 28 Nov 2023CHF 25.1bCHF 3.3bCHF 770.2m26.4x32.6x7.5x
Thu, 26 Oct 2023CHF 24.4bCHF 3.3bCHF 752.5m24.3x32.5x7.3x
Sat, 23 Sep 2023CHF 24.7bCHF 3.3bCHF 793.8m26.1x31.1x7.4x
Mon, 21 Aug 2023CHF 24.4bCHF 3.2bCHF 1.6b15.4x15.3x7.6x
Wed, 19 Jul 2023CHF 24.4bCHF 3.2bCHF 1.6b14.4x15x7.6x
Fri, 16 Jun 2023CHF 24.0bCHF 3.2bCHF 1.6b14.3x14.8x7.4x
Sun, 14 May 2023CHF 24.1bCHF 3.2bCHF 1.8b12.8x13.5x7.4x
Tue, 11 Apr 2023CHF 24.5bCHF 3.4bCHF 1.9b13x13x7.3x
Thu, 09 Mar 2023CHF 24.4bCHF 3.3bCHF 2.2b12.2x11.3x7.4x
Sat, 04 Feb 2023CHF 25.5bCHF 3.1bCHF 2.4b12x10.6x8.1x
Mon, 02 Jan 2023CHF 24.8bCHF 3.1bCHF 2.4b11.4x10.3x7.9x
Wed, 30 Nov 2022CHF 24.4bCHF 3.1bCHF 2.4b11.5x10x7.8x
Fri, 28 Oct 2022CHF 24.6bCHF 3.1bCHF 2.4b11.5x10.2x8x
Sun, 25 Sep 2022CHF 24.0bCHF 3.1bCHF 2.4b11.5x9.9x7.9x
Price to Earnings Ratio

9.9x


Total Market Cap: CHF 24.0bTotal Earnings: CHF 2.4bTotal Revenue: CHF 3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Real Estate Sector Price to Earnings3Y Average 33.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Swiss Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.3x which is lower than its 3-year average PE of 33.6x.
  • The 3-year average PS ratio of 8.8x is lower than the industry's current PS ratio of 11.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 8.1% per year over the last three years,
  • Revenues have also declined 3.2% 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 Real Estate sector?

CH Market-1.75%
Real Estate-1.19%
Real Estate-1.19%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 33.6x.
    • Analysts are expecting annual earnings decline of 6.3%, which is lower than the prior year's growth of 105.5% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 33.6x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 6.3% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 106% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 6.3% 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
HIAG HIAG Immobilien HoldingCHF 113.605.4%
+CHF 58.6m		41.3%PE13.7x
ZUGN Zug Estates HoldingCHF 2.14k1.9%
+CHF 20.4m		13.5%PE11.5x
SEGN Procimmo GroupCHF 7.304.3%
+CHF 13.5m		82.5%PE19.3x
ISN Intershop HoldingCHF 154.600.5%
+CHF 7.4m		25.9%PE5.9x
PEAN Peach Property GroupCHF 6.301.8%
+CHF 6.1m		-24.1%PS2.6x

Latest News

SPSN
CHF 109.10
Swiss Prime Site
7D
-2.5%
1Y
14.5%
HIAG
CHF 113.60
HIAG Immobilien Holding
7D
5.4%
1Y
41.3%

We Think HIAG Immobilien Holding (VTX:HIAG) Is Taking Some Risk With Its Debt

Sep 14
We Think HIAG Immobilien Holding (VTX:HIAG) Is Taking Some Risk With Its Debt
VARN
CHF 19.20
Varia US Properties
7D
1.1%
1Y
-41.5%
FREN
CHF 17.90
Fundamenta Real Estate
7D
0.6%
1Y
11.5%

Fundamenta Real Estate's (VTX:FREN) Earnings Are Of Questionable Quality

Sep 10
Fundamenta Real Estate's (VTX:FREN) Earnings Are Of Questionable Quality
WARN
CHF 1,980.00
Warteck Invest
7D
-0.5%
1Y
16.1%
MOBN
CHF 317.00
Mobimo Holding
7D
-1.9%
1Y
18.7%

We Think Mobimo Holding (VTX:MOBN) Can Stay On Top Of Its Debt

Sep 04
We Think Mobimo Holding (VTX:MOBN) Can Stay On Top Of Its Debt
ISN
CHF 154.60
Intershop Holding
7D
0.5%
1Y
25.9%

Shareholders Shouldn’t Be Too Comfortable With Intershop Holding's (VTX:ISN) Strong Earnings

Sep 01
Shareholders Shouldn’t Be Too Comfortable With Intershop Holding's (VTX:ISN) Strong Earnings
PEAN
CHF 6.30
Peach Property Group
7D
1.8%
1Y
-24.1%
ALLN
CHF 182.60
Allreal Holding
7D
-1.1%
1Y
16.6%
ZUGN
CHF 2,140.00
Zug Estates Holding
7D
1.9%
1Y
13.5%
PSPN
CHF 132.60
PSP Swiss Property
7D
-2.0%
1Y
7.5%

We Think That There Are Some Issues For PSP Swiss Property (VTX:PSPN) Beyond Its Promising Earnings

Aug 27
We Think That There Are Some Issues For PSP Swiss Property (VTX:PSPN) Beyond Its Promising Earnings
ZUBN
CHF 51.50
Züblin Immobilien Holding
7D
-7.2%
1Y
86.6%
NREN
CHF 38.20
Novavest Real Estate
7D
-3.3%
1Y
15.8%
SEGN
CHF 7.30
Procimmo Group
7D
4.3%
1Y
82.5%

Procimmo Group AG's (BRN:SEGN) Price Is Right But Growth Is Lacking After Shares Rocket 36%

May 25
Procimmo Group AG's (BRN:SEGN) Price Is Right But Growth Is Lacking After Shares Rocket 36%
SEAN
CHF 1.50
Swiss Estates
7D
-28.6%
1Y
n/a

Is Swiss Estates (BRN:SEAN) Using Too Much Debt?

Dec 07
Is Swiss Estates (BRN:SEAN) Using Too Much Debt?