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Swiss (SMI) Tech Sector Analysis

UpdatedJun 24, 2026
DataAggregated Company Financials
Companies15
  • 7D-0.8%
  • 3M23.2%
  • 1Y16.2%
  • YTD11.0%

Over the last 7 days, the Tech industry has remained flat, although notably INFICON Holding gained 8.3%. The past year has been better, since the industry has gained 22% in that time. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026CHF 34.1bCHF 25.2bCHF 839.8m52.4x40.6x1.4x
Fri, 22 May 2026CHF 33.0bCHF 24.9bCHF 813.9m46x40.5x1.3x
Sun, 19 Apr 2026CHF 31.5bCHF 25.3bCHF 740.0m45.6x42.5x1.2x
Tue, 17 Mar 2026CHF 28.5bCHF 24.8bCHF 758.7m33.1x37.6x1.1x
Thu, 12 Feb 2026CHF 29.0bCHF 22.6bCHF 674.3m34.7x43.1x1.3x
Sat, 10 Jan 2026CHF 30.8bCHF 23.1bCHF 656.9m31.2x46.9x1.3x
Mon, 08 Dec 2025CHF 32.9bCHF 23.2bCHF 112.4m33x292.4x1.4x
Wed, 05 Nov 2025CHF 32.9bCHF 23.2bCHF 163.9m34.4x200.9x1.4x
Fri, 03 Oct 2025CHF 36.9bCHF 23.9bCHF 150.7m33.2x245.1x1.5x
Sun, 31 Aug 2025CHF 31.9bCHF 23.6bCHF 81.0m32.5x394.4x1.4x
Tue, 29 Jul 2025CHF 33.1bCHF 23.4bCHF 10.5m30.6x3142.4x1.4x
Thu, 26 Jun 2025CHF 29.9bCHF 21.9b-CHF 89,121,624.0229.4x-335.7x1.4x
Sat, 24 May 2025CHF 28.6bCHF 22.0b-CHF 64,483,556.5929.5x-444.2x1.3x
Mon, 21 Apr 2025CHF 25.5bCHF 22.1b-CHF 464,619,531.1927.3x-54.9x1.2x
Wed, 19 Mar 2025CHF 31.6bCHF 23.0b-CHF 434,307,986.9328.8x-72.8x1.4x
Fri, 14 Feb 2025CHF 34.4bCHF 23.3b-CHF 351,976,970.9129.1x-97.6x1.5x
Sun, 12 Jan 2025CHF 30.3bCHF 23.2b-CHF 313,155,324.6626.8x-96.9x1.3x
Tue, 10 Dec 2024CHF 29.3bCHF 22.7b-CHF 344,776,502.0926.8x-85.1x1.3x
Thu, 07 Nov 2024CHF 29.5bCHF 23.0b-CHF 413,638,313.6726.5x-71.3x1.3x
Sat, 05 Oct 2024CHF 33.6bCHF 22.9b-CHF 201,268,576.8130.3x-166.7x1.5x
Mon, 02 Sep 2024CHF 34.2bCHF 22.8b-CHF 203,636,351.4629.1x-167.9x1.5x
Wed, 31 Jul 2024CHF 35.6bCHF 23.5b-CHF 70,182,470.2932.4x-507.8x1.5x
Fri, 28 Jun 2024CHF 37.6bCHF 24.2b-CHF 1,358,629,855.4331.9x-27.7x1.6x
Sun, 26 May 2024CHF 38.0bCHF 24.8b-CHF 1,396,035,808.8326x-27.2x1.5x
Tue, 23 Apr 2024CHF 33.3bCHF 24.5b-CHF 948,403,773.9629.7x-35.1x1.4x
Thu, 21 Mar 2024CHF 35.0bCHF 24.3b-CHF 964,474,365.3733.7x-36.2x1.4x
Sat, 17 Feb 2024CHF 37.0bCHF 25.0b-CHF 526,186,744.4034.5x-70.4x1.5x
Mon, 15 Jan 2024CHF 39.1bCHF 24.8b-CHF 649,525,204.0035.9x-60.2x1.6x
Wed, 13 Dec 2023CHF 37.3bCHF 25.3b-CHF 641,589,510.0034.1x-58.1x1.5x
Fri, 10 Nov 2023CHF 35.0bCHF 25.8b-CHF 658,621,447.0028.7x-53.1x1.4x
Sun, 08 Oct 2023CHF 33.7bCHF 26.0b-CHF 888,788,242.0028.2x-37.9x1.3x
Tue, 05 Sep 2023CHF 35.0bCHF 25.7b-CHF 897,556,958.0029.7x-39x1.4x
Thu, 03 Aug 2023CHF 35.5bCHF 25.7b-CHF 942,409,461.0018.4x-37.7x1.4x
Sat, 01 Jul 2023CHF 36.3bCHF 27.2bCHF 455.4m24x79.6x1.3x
Price to Earnings Ratio

79.6x


Total Market Cap: CHF 36.3bTotal Earnings: CHF 455.4mTotal Revenue: CHF 27.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Tech Sector Price to Earnings3Y Average 27.8x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.8x which is higher than its 3-year average PE of 27.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 22% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.5% 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 Tech sector?

CH Market0.99%
Tech-0.76%
Electronic Equipment and Components0.92%
Software-0.30%
Semiconductors-1.14%
Tech Hardware-2.84%
IT-16.08%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry even though it's trading below its 3-year average PE ratio of 107x.
    • Analysts are expecting annual earnings growth of 34.4%, which is higher than its past year's earnings decline of 30.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 62% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 2.2% 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
IFCN INFICON HoldingCHF 178.205.8%
+CHF 239.6m		73.3%PE62.7x
COTN Comet HoldingCHF 400.802.9%
+CHF 88.6m		62.1%PE255.1x
LEHN LEM HoldingCHF 454.002.1%
+CHF 10.8m		-42.2%PE52.4x
SENS Sensirion HoldingCHF 82.700.6%
+CHF 7.8m		6.4%PE63.9x
KUD KudelskiCHF 1.280.8%
+CHF 561.7k		-5.5%PS0.2x

Latest News

KUD
CHF 1.28
Kudelski
7D
0.8%
1Y
-5.5%
LAND
CHF 46.95
Landis+Gyr Group
7D
-2.3%
1Y
-14.9%
LOGN
CHF 84.82
Logitech International
7D
-2.8%
1Y
19.9%
LEHN
CHF 454.00
LEM Holding
7D
2.1%
1Y
-42.2%
SWON
CHF 7.82
SoftwareOne Holding
7D
-5.1%
1Y
2.0%
Analysis Article • Jun 19

SoftwareOne Holding (SWX:SWON) Stock Could Be 10% Undervalued After Anthropic AI Partnership

SoftwareOne Holding (SWX:SWON) has drawn fresh attention after announcing it is now an Anthropic Authorized Reseller for Amazon Bedrock and a Registered Anthropic Services Partner, giving clients access to Claude in secure enterprise cloud environments. See our latest analysis for SoftwareOne Holding. Despite the Anthropic partnership, SoftwareOne Holding’s latest share price of CHF7.98 reflects mixed momentum, with the 90 day share price return up 19.92% but the year to date share price...
SENS
CHF 82.70
Sensirion Holding
7D
0.6%
1Y
6.4%
Narrative Update • Jun 17

SENS: Hydrogen Safety Sensors And Carbon Removal Efforts Will Support Balanced Outlook

Analysts have maintained their CHF fair value estimate for Sensirion Holding at CHF 82.0, making only minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions, which results in a largely unchanged price target narrative. What's in the News for Sensirion Holding Sensirion launched the STC42A automotive hydrogen sensor globally, targeting early detection of thermal runaway in electric vehicle batteries and hydrogen leaks, and aligning with new five minute warning safety rules.
COTN
CHF 400.80
Comet Holding
7D
2.9%
1Y
62.1%
CICN
CHF 119.40
Cicor Technologies
7D
-7.2%
1Y
-14.7%
IFCN
CHF 178.20
INFICON Holding
7D
5.8%
1Y
73.3%
Narrative Update • Jun 16

IFCN: Raised 2026 Guidance Will Test Increasingly Demanding Earnings Assumptions

The updated analyst price target for INFICON Holding rises by roughly CHF 5 to about CHF 152, as analysts point to refreshed assumptions on fair value, revenue growth, profit margins and future P/E estimates, supported by recent price target increases from major banks following earlier bullish initiation. Analyst Commentary Recent Street research on INFICON Holding points to a more constructive stance among several large banks, with updated price targets reflecting refreshed views on fair value, earnings power and execution risk.
AMS
CHF 18.56
ams-OSRAM
7D
-1.2%
1Y
101.7%
TEMN
CHF 65.50
Temenos
7D
-0.3%
1Y
8.5%
YTME
CHF 0.33
Youngtimers
7D
-16.1%
1Y
-54.2%
ALSN
CHF 185.80
ALSO Holding
7D
-1.8%
1Y
-29.1%