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Swiss (SMI) Real Estate Sector Analysis

UpdatedMay 27, 2026
DataAggregated Company Financials
Companies24
  • 7D-0.3%
  • 3M-6.5%
  • 1Y9.0%
  • YTD3.3%

Over the last 7 days, the Real Estate industry has remained flat, although notably Cham Swiss Properties gained 3.8%. The past year has been better, since the industry has gained 8.6% in that time. As for the next few years, earnings are forecast to decline by 6.6% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 May 2026CHF 35.5bCHF 2.8bCHF 2.2b13.1x16.1x12.5x
Fri, 24 Apr 2026CHF 37.4bCHF 2.8bCHF 2.2b14.6x17.1x13.1x
Sun, 22 Mar 2026CHF 36.9bCHF 2.8bCHF 2.1b14.6x17.3x13x
Tue, 17 Feb 2026CHF 39.1bCHF 2.8bCHF 2.1b14.7x18.3x14.1x
Thu, 15 Jan 2026CHF 36.3bCHF 2.8bCHF 2.1b14.3x17.4x12.9x
Sat, 13 Dec 2025CHF 34.7bCHF 2.8bCHF 2.1b13.9x16.7x12.4x
Mon, 10 Nov 2025CHF 35.3bCHF 2.8bCHF 2.1b13.9x17x12.6x
Wed, 08 Oct 2025CHF 32.9bCHF 2.8bCHF 2.1b14.3x15.8x11.7x
Fri, 05 Sep 2025CHF 31.9bCHF 2.9bCHF 2.0b14.9x16.1x11x
Sun, 03 Aug 2025CHF 32.0bCHF 2.9bCHF 1.5b18.4x20.8x11.2x
Tue, 01 Jul 2025CHF 34.5bCHF 2.9bCHF 1.5b18.3x23.3x12x
Thu, 29 May 2025CHF 33.0bCHF 2.9bCHF 1.5b17.7x22.1x11.5x
Sat, 26 Apr 2025CHF 31.9bCHF 2.9bCHF 1.5b17.3x21.9x11.1x
Mon, 24 Mar 2025CHF 30.6bCHF 2.9bCHF 1.5b17.9x20.9x10.7x
Wed, 19 Feb 2025CHF 30.1bCHF 2.9bCHF 1.0b24.1x29.1x10.4x
Fri, 17 Jan 2025CHF 28.9bCHF 2.9bCHF 813.1m28.1x35.6x10x
Sun, 15 Dec 2024CHF 27.9bCHF 2.9bCHF 816.2m27x34.2x9.7x
Tue, 12 Nov 2024CHF 26.8bCHF 2.9bCHF 783.2m25.8x34.2x9.3x
Thu, 10 Oct 2024CHF 26.8bCHF 2.9bCHF 823.3m25.8x32.6x9.3x
Sat, 07 Sep 2024CHF 27.1bCHF 2.9bCHF 805.7m25.3x33.7x9.4x
Mon, 05 Aug 2024CHF 26.1bCHF 3.0bCHF 329.1m35.7x79.3x8.7x
Wed, 03 Jul 2024CHF 25.4bCHF 3.0bCHF 296.5m37.8x85.6x8.5x
Fri, 31 May 2024CHF 25.1bCHF 3.0bCHF 265.6m37.1x94.6x8.4x
Sun, 28 Apr 2024CHF 25.4bCHF 3.0bCHF 258.2m34.7x98.2x8.5x
Tue, 26 Mar 2024CHF 25.9bCHF 3.0bCHF 294.9m34.9x87.7x8.7x
Thu, 22 Feb 2024CHF 25.3bCHF 3.1bCHF 525.1m31.3x48.3x8.1x
Sat, 20 Jan 2024CHF 25.5bCHF 3.3bCHF 709.9m27.7x35.9x7.7x
Mon, 18 Dec 2023CHF 25.7bCHF 3.3bCHF 724.3m26.4x35.4x7.7x
Wed, 15 Nov 2023CHF 25.0bCHF 3.4bCHF 771.9m24.2x32.4x7.5x
Fri, 13 Oct 2023CHF 25.0bCHF 3.3bCHF 750.5m25x33.3x7.5x
Sun, 10 Sep 2023CHF 24.7bCHF 3.3bCHF 798.2m26.1x31x7.4x
Tue, 08 Aug 2023CHF 24.4bCHF 3.2bCHF 1.6b15x15.3x7.6x
Thu, 06 Jul 2023CHF 24.0bCHF 3.2bCHF 1.6b14.4x14.8x7.4x
Sat, 03 Jun 2023CHF 23.9bCHF 3.2bCHF 1.8b14.3x13.5x7.4x
Price to Earnings Ratio

13.5x


Total Market Cap: CHF 23.9bTotal Earnings: CHF 1.8bTotal Revenue: CHF 3.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Real Estate Sector Price to Earnings3Y Average 35x202420252026
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 16.1x which is lower than its 3-year average PE of 35.0x.
  • The 3-year average PS ratio of 10.0x is lower than the industry's current PS ratio of 12.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 7.5% per year over the last three years.
  • Meanwhile revenues for these companies have declined 4.2% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Swiss Real Estate sector?

CH Market1.24%
Real Estate-0.34%
Real Estate-0.34%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 35.0x.
    • Analysts are expecting annual earnings decline of 6.6%, which is lower than the prior year's growth of 48.1% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 35.0x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 6.6% 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 48% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 6.6% 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
CHAM Cham Swiss PropertiesCHF 24.603.8%
+CHF 42.7m		n/aPE8.1x
ISN Intershop HoldingCHF 174.001.8%
+CHF 27.7m		22.4%PE7.5x
IREN Investis HoldingCHF 150.500.7%
+CHF 12.8m		20.9%PE12.6x
PEAN Peach Property GroupCHF 5.074.0%
+CHF 10.8m		-18.2%PS2.1x
ZUBN Züblin Immobilien HoldingCHF 51.605.3%
+CHF 8.6m		35.8%PE22.7x

Latest News

ZUBN
CHF 51.60
Züblin Immobilien Holding
7D
5.3%
1Y
35.8%
Analysis Article • May 21

Weak Statutory Earnings May Not Tell The Whole Story For Züblin Immobilien Holding (VTX:ZUBN)

Züblin Immobilien Holding AG's ( VTX:ZUBN ) recent weak earnings report didn't cause a big stock movement. However, we...
ADMI
CHF 34.00
Admicasa Holding
7D
-15.0%
1Y
338.7%
SEGN
CHF 9.70
Procimmo Group
7D
1.0%
1Y
59.0%
WARN
CHF 1,920.00
Warteck Invest
7D
-4.5%
1Y
-3.8%
PSPN
CHF 146.70
PSP Swiss Property
7D
-0.9%
1Y
1.5%
PEAN
CHF 5.07
Peach Property Group
7D
4.0%
1Y
-18.2%
VARN
CHF 12.70
Varia US Properties
7D
-8.3%
1Y
-29.4%
SPSN
CHF 130.10
Swiss Prime Site
7D
-0.5%
1Y
10.8%
Narrative Update • Apr 29

SPSN: Fair Value View Balances Neutral Coverage And Cautious Profit Outlook

Narrative Update The analyst price target for Swiss Prime Site has been reduced to CHF 105 from CHF 110, with analysts pointing to more cautious assumptions around the discount rate and profit outlook, consistent with recent neutral and Underweight research views. Analyst Commentary Recent research around Swiss Prime Site points to a more cautious tone, but there are still elements that some investors may view as constructive.
IREN
CHF 150.50
Investis Holding
7D
0.7%
1Y
20.9%
ALLN
CHF 205.00
Allreal Holding
7D
-1.0%
1Y
9.4%
MOBN
CHF 348.00
Mobimo Holding
7D
0.1%
1Y
8.2%
SFPN
CHF 99.20
SF Urban Properties
7D
-0.6%
1Y
3.3%
CHAM
CHF 24.60
Cham Swiss Properties
7D
3.8%
1Y
n/a
ISN
CHF 174.00
Intershop Holding
7D
1.8%
1Y
22.4%
ZUGN
CHF 2,140.00
Zug Estates Holding
7D
-3.6%
1Y
0.5%
FREN
CHF 17.25
Fundamenta Real Estate
7D
1.5%
1Y
-5.2%