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Swiss (SMI) Real Estate Sector Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies26
  • 7D1.5%
  • 3M5.8%
  • 1Y19.4%
  • YTD2.0%

In the last week, the Real Estate industry is up 1.5%, with Swiss Prime Site up 2.1%. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are forecast to decline by 9.3% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Jan 2026CHF 36.6bCHF 2.8bCHF 2.1b14.4x17.5x13.1x
Mon, 08 Dec 2025CHF 34.7bCHF 2.8bCHF 2.1b14x16.7x12.4x
Wed, 05 Nov 2025CHF 35.1bCHF 2.8bCHF 2.1b14.2x16.9x12.6x
Fri, 03 Oct 2025CHF 32.1bCHF 2.8bCHF 2.1b14.2x15x11.5x
Sun, 31 Aug 2025CHF 31.7bCHF 2.9bCHF 2.0b14.8x16x10.9x
Tue, 29 Jul 2025CHF 31.9bCHF 2.9bCHF 1.5b18.2x20.8x11.2x
Thu, 26 Jun 2025CHF 34.3bCHF 2.9bCHF 1.5b17.9x23.2x12x
Sat, 24 May 2025CHF 33.1bCHF 2.9bCHF 1.5b17.6x22.2x11.5x
Mon, 21 Apr 2025CHF 31.9bCHF 2.9bCHF 1.5b17.2x21.9x11.1x
Wed, 19 Mar 2025CHF 30.1bCHF 2.9bCHF 1.4b17.3x21.8x10.3x
Fri, 14 Feb 2025CHF 29.9bCHF 2.9bCHF 987.4m26.1x30.3x10.4x
Sun, 12 Jan 2025CHF 28.9bCHF 2.9bCHF 812.7m27.8x35.5x10x
Tue, 10 Dec 2024CHF 27.6bCHF 2.9bCHF 818.4m27x33.8x9.6x
Thu, 07 Nov 2024CHF 26.8bCHF 2.9bCHF 783.3m25.9x34.2x9.3x
Sat, 05 Oct 2024CHF 27.1bCHF 2.9bCHF 825.4m25.8x32.8x9.4x
Mon, 02 Sep 2024CHF 27.0bCHF 2.9bCHF 625.9m30.2x43.2x9.4x
Wed, 31 Jul 2024CHF 25.9bCHF 3.0bCHF 291.6m37.7x89x8.7x
Fri, 28 Jun 2024CHF 25.3bCHF 3.0bCHF 300.2m37.7x84.2x8.5x
Sun, 26 May 2024CHF 25.1bCHF 3.0bCHF 261.6m35.7x95.9x8.4x
Tue, 23 Apr 2024CHF 25.7bCHF 3.0bCHF 260.2m34.7x98.6x8.6x
Thu, 21 Mar 2024CHF 25.4bCHF 3.0bCHF 352.7m34.9x72.1x8.5x
Sat, 17 Feb 2024CHF 25.3bCHF 3.1bCHF 525.3m31x48.2x8x
Mon, 15 Jan 2024CHF 25.7bCHF 3.3bCHF 713.6m27.6x36x7.7x
Wed, 13 Dec 2023CHF 25.4bCHF 3.3bCHF 724.2m26.2x35.1x7.6x
Fri, 10 Nov 2023CHF 24.6bCHF 3.4bCHF 771.8m24.1x31.9x7.3x
Sun, 08 Oct 2023CHF 24.7bCHF 3.3bCHF 749.5m24.9x32.9x7.4x
Tue, 05 Sep 2023CHF 24.5bCHF 3.3bCHF 827.2m21.5x29.6x7.3x
Thu, 03 Aug 2023CHF 24.4bCHF 3.2bCHF 1.6b14.5x15x7.6x
Sat, 01 Jul 2023CHF 23.7bCHF 3.2bCHF 1.6b14.4x14.6x7.3x
Mon, 29 May 2023CHF 23.6bCHF 3.2bCHF 1.8b14.3x13.3x7.3x
Wed, 26 Apr 2023CHF 24.4bCHF 3.4bCHF 1.8b12.7x13.9x7.2x
Fri, 24 Mar 2023CHF 24.2bCHF 3.4bCHF 1.9b12.8x12.5x7.2x
Sun, 19 Feb 2023CHF 25.2bCHF 3.3bCHF 2.3b12.1x11x7.7x
Tue, 17 Jan 2023CHF 25.8bCHF 3.1bCHF 2.4b12x10.8x8.2x
Price to Earnings Ratio

10.8x


Total Market Cap: CHF 25.8bTotal Earnings: CHF 2.4bTotal Revenue: CHF 3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Real Estate Sector Price to Earnings3Y Average 34.3x202420252026
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 17.5x which is lower than its 3-year average PE of 34.3x.
  • The 3-year average PS ratio of 9.2x is lower than the industry's current PS ratio of 13.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 4.5% per year over the last three years,
  • Revenues have also declined 3.7% 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 Market1.23%
Real Estate1.52%
Real Estate1.52%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 34.3x.
    • Analysts are expecting annual earnings decline of 9.3%, which is lower than the prior year's growth of 117.1% per year.
  • Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 34.3x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Real Estate industry since they expect its earnings to decline by only 9.3% 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 117% per year.
  • In contrast, the Real Estate industry is expected to see its earnings decline by 9.3% 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
SPSN Swiss Prime SiteCHF 126.102.4%
+CHF 232.7m		24.1%PE28.1x
PSPN PSP Swiss PropertyCHF 146.101.8%
+CHF 119.3m		11.7%PE16.4x
ALLN Allreal HoldingCHF 209.002.5%
+CHF 82.6m		24.7%PE13.2x
MOBN Mobimo HoldingCHF 372.501.8%
+CHF 48.4m		25.8%PE16.4x
IREN Investis HoldingCHF 147.502.1%
+CHF 38.3m		33.5%PE10.2x

Latest News

VARN
CHF 21.80
Varia US Properties
7D
11.8%
1Y
-29.0%
SPSN
CHF 126.10
Swiss Prime Site
7D
2.4%
1Y
24.1%

SPSN: Defensive Rentals And New Acquisitions Will Shape Future Earnings Profile

Analysts have raised their price target on Swiss Prime Site to CHF 118 from CHF 102, citing the stock's defensive characteristics and expectations for superior earnings growth. These expectations are reflected in a slightly lower discount rate, stable revenue growth, improved profit margins, and a modestly lower future P E multiple.
EPIC
CHF 85.60
EPIC Suisse
7D
-1.6%
1Y
7.8%
PSPN
CHF 146.10
PSP Swiss Property
7D
1.8%
1Y
11.7%
ISN
CHF 167.20
Intershop Holding
7D
1.7%
1Y
26.9%
MOBN
CHF 372.50
Mobimo Holding
7D
1.8%
1Y
25.8%

Benign Growth For Mobimo Holding AG (VTX:MOBN) Underpins Its Share Price

Nov 26
Benign Growth For Mobimo Holding AG (VTX:MOBN) Underpins Its Share Price
CHAM
CHF 23.60
Cham Swiss Properties
7D
1.3%
1Y
n/a
ZUBN
CHF 45.40
Züblin Immobilien Holding
7D
-1.3%
1Y
28.2%
ADMI
CHF 7.00
Admicasa Holding
7D
-6.7%
1Y
40.0%

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Oct 09
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ALLN
CHF 209.00
Allreal Holding
7D
2.5%
1Y
24.7%
IREN
CHF 147.50
Investis Holding
7D
2.1%
1Y
33.5%
NREN
CHF 39.60
Novavest Real Estate
7D
-0.8%
1Y
12.5%