Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swiss (SMI) Tech Sector Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies15
  • 7D7.0%
  • 3M15.3%
  • 1Y18.0%
  • YTD6.7%

Over the last 7 days, the Tech industry has risen 3.5%, driven by gains from Logitech International of 9.9%. In the same time, Landis+Gyr Group was down 15%. This takes the industry's 12 month performance to a gain of 19%. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 09 May 2026CHF 32.8bCHF 25.2bCHF 667.9m49.9x49.1x1.3x
Mon, 06 Apr 2026CHF 27.9bCHF 25.5bCHF 757.5m38.4x36.8x1.1x
Wed, 04 Mar 2026CHF 28.5bCHF 24.8bCHF 770.6m34.7x36.9x1.1x
Fri, 30 Jan 2026CHF 28.8bCHF 22.6bCHF 670.2m34.7x43x1.3x
Sun, 28 Dec 2025CHF 30.7bCHF 23.0bCHF 100.9m29.2x304.1x1.3x
Tue, 25 Nov 2025CHF 31.2bCHF 23.2bCHF 115.9m32x269.2x1.3x
Thu, 23 Oct 2025CHF 31.8bCHF 23.3bCHF 82.4m34x386x1.4x
Sat, 20 Sep 2025CHF 37.2bCHF 23.5bCHF 77.6m33x479.1x1.6x
Mon, 18 Aug 2025CHF 31.6bCHF 23.7bCHF 57.8m29.6x547.8x1.3x
Wed, 16 Jul 2025CHF 31.8bCHF 21.8b-CHF 90,592,982.7230x-351x1.5x
Fri, 13 Jun 2025CHF 30.3bCHF 22.0b-CHF 84,818,545.9030.1x-356.9x1.4x
Sun, 11 May 2025CHF 28.4bCHF 22.1b-CHF 57,772,280.2529.9x-492x1.3x
Tue, 08 Apr 2025CHF 24.5bCHF 22.6b-CHF 435,988,097.7124.6x-56.1x1.1x
Thu, 06 Mar 2025CHF 32.7bCHF 22.9b-CHF 473,183,272.5530.7x-69.1x1.4x
Sat, 01 Feb 2025CHF 34.1bCHF 23.3b-CHF 365,812,846.4828.8x-93.3x1.5x
Mon, 30 Dec 2024CHF 29.2bCHF 23.1b-CHF 328,945,414.2326.4x-88.9x1.3x
Wed, 27 Nov 2024CHF 28.7bCHF 22.9b-CHF 336,601,073.8826.7x-85.4x1.3x
Fri, 25 Oct 2024CHF 31.8bCHF 23.0b-CHF 175,272,573.3227.7x-181.2x1.4x
Sun, 22 Sep 2024CHF 33.2bCHF 23.0b-CHF 210,921,350.5730.1x-157.3x1.4x
Tue, 20 Aug 2024CHF 34.9bCHF 23.1b-CHF 153,180,501.3928.9x-227.6x1.5x
Thu, 18 Jul 2024CHF 36.7bCHF 24.1b-CHF 1,381,567,805.4531.7x-26.6x1.5x
Sat, 15 Jun 2024CHF 38.0bCHF 24.0b-CHF 1,347,681,288.1332x-28.2x1.6x
Mon, 13 May 2024CHF 34.8bCHF 24.6b-CHF 1,365,982,206.5026.5x-25.5x1.4x
Wed, 10 Apr 2024CHF 35.1bCHF 24.6b-CHF 970,147,826.9931.7x-36.2x1.4x
Fri, 08 Mar 2024CHF 35.7bCHF 24.2b-CHF 725,237,259.6135.2x-49.3x1.5x
Sun, 04 Feb 2024CHF 38.3bCHF 24.9b-CHF 560,768,914.0027.7x-68.3x1.5x
Tue, 02 Jan 2024CHF 39.2bCHF 24.6b-CHF 649,232,026.0036.2x-60.4x1.6x
Thu, 30 Nov 2023CHF 35.9bCHF 25.5b-CHF 665,576,248.0034.1x-53.9x1.4x
Sat, 28 Oct 2023CHF 32.9bCHF 26.0b-CHF 940,876,954.0027.8x-35x1.3x
Mon, 25 Sep 2023CHF 34.5bCHF 26.0b-CHF 895,213,824.0029x-38.6x1.3x
Wed, 23 Aug 2023CHF 34.2bCHF 25.7b-CHF 955,103,115.0019.1x-35.8x1.3x
Fri, 21 Jul 2023CHF 34.6bCHF 26.8bCHF 438.9m22.3x78.8x1.3x
Sun, 18 Jun 2023CHF 35.2bCHF 27.2bCHF 454.8m24x77.3x1.3x
Tue, 16 May 2023CHF 34.6bCHF 27.1bCHF 451.2m23.4x76.6x1.3x
Price to Earnings Ratio

76.6x


Total Market Cap: CHF 34.6bTotal Earnings: CHF 451.2mTotal Revenue: CHF 27.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Tech Sector Price to Earnings3Y Average 29.2x202420252026
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 43.0x which is higher than its 3-year average PE of 29.2x.
  • 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 18% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.4% 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 Market0.066%
Tech6.97%
Semiconductors36.55%
Tech Hardware9.85%
Electronic Equipment and Components4.36%
Software0.41%
IT-18.75%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 104x.
    • Analysts are expecting annual earnings growth of 40.8%, which is higher than its past year's earnings decline of 44.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 41% over the next 5 years.
  • This is better than its past earnings decline of 45% per year.
  • 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
LOGN Logitech InternationalCHF 84.309.9%
+CHF 848.0m		26.3%PE21.9x
AMS ams-OSRAMCHF 17.1037.6%
+CHF 461.6m		137.0%PS0.6x
COTN Comet HoldingCHF 351.8014.6%
+CHF 348.1m		56.4%PE223.9x
IFCN INFICON HoldingCHF 154.607.1%
+CHF 249.4m		66.6%PE56.6x
SENS Sensirion HoldingCHF 73.509.1%
+CHF 94.9m		7.8%PE56.8x

Latest News

AMS
CHF 17.10
ams-OSRAM
7D
37.6%
1Y
137.0%
Analysis Article • 1h

ams-OSRAM AG (VTX:AMS) Analysts Are Pretty Bullish On The Stock After Recent Results

The investors in ams-OSRAM AG 's ( VTX:AMS ) will be rubbing their hands together with glee today, after the share...
YTME
CHF 0.36
Youngtimers
7D
-18.8%
1Y
-48.0%
LOGN
CHF 84.30
Logitech International
7D
9.9%
1Y
26.3%
Analysis Article • May 08

Analysts Are Updating Their Logitech International S.A. (VTX:LOGN) Estimates After Its Yearly Results

Investors in Logitech International S.A. ( VTX:LOGN ) had a good week, as its shares rose 6.6% to close at CHF81.82...
CICN
CHF 142.60
Cicor Technologies
7D
3.8%
1Y
22.4%
Narrative Update • May 07

CICN: Confirmed 2026 Sales Guidance Will Support Higher Future P/E

Analysts have raised their price target for Cicor Technologies to CHF171.30 from CHF167.70, citing updated assumptions regarding the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Cicor Technologies confirmed its earnings guidance for 2026, with Group sales expected to be in the range of CHF 700 million to CHF 750 million (Key Developments).
ALSN
CHF 163.00
ALSO Holding
7D
1.6%
1Y
-39.0%
LAND
CHF 44.75
Landis+Gyr Group
7D
-14.6%
1Y
-16.5%
Narrative Update • May 05

LAND: AI Consortium Participation And Reset P/E Assumptions Will Support Future Upside

Narrative Update The analyst price target for Landis+Gyr Group has been trimmed by CHF 2, reflecting a slightly lower fair value estimate as analysts factor in updated assumptions on discount rates, profitability, and future P/E multiples. Analyst Commentary Recent research updates highlight a small reset in expectations for Landis+Gyr Group, with price targets trimmed by CHF 2 and CHF 10.
COTN
CHF 351.80
Comet Holding
7D
14.6%
1Y
56.4%
IFCN
CHF 154.60
INFICON Holding
7D
7.1%
1Y
66.6%
SWON
CHF 7.06
SoftwareOne Holding
7D
2.4%
1Y
3.8%
Narrative Update • Apr 27

SWON: Higher Margins And New Cloud Distribution Role Will Support Rerating

Analysts have trimmed their price target on SoftwareOne Holding by about CHF 0.31 to reflect updated expectations around growth, profitability and valuation. This move is in line with recent target cuts of CHF 2.30 and CHF 0.85 reported by major research houses.
SENS
CHF 73.50
Sensirion Holding
7D
9.1%
1Y
7.8%
Narrative Update • Apr 23

SENS: CO2 Sensor Expansion And Carbon Removal Commitment Will Drive Long Term Upside

Analysts have nudged their price target for Sensirion Holding slightly lower from CHF 79.75 to CHF 79.60, reflecting updated assumptions around revenue growth, profit margins, and a modestly adjusted future P/E multiple. What's in the News Sensirion Holding AG partnered with ClimeFi to secure a portfolio of durable carbon removal solutions across three pathways, including direct air capture, biomass with carbon removal and storage, and mineralization, with supply arranged until 2028, reinforcing its commitment to the Swiss federal government’s net-zero 2050 target (Key Developments).
KUD
CHF 1.23
Kudelski
7D
-1.6%
1Y
3.4%