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Swiss (SMI) Tech Sector Analysis

UpdatedFeb 02, 2026
DataAggregated Company Financials
Companies15
  • 7D-4.6%
  • 3M-13.4%
  • 1Y-12.5%
  • YTD-7.9%

Over the last 7 days, the Tech industry has dropped 4.6%, driven by a pullback from Logitech International of 8.8%. However, the industry is down 12% over the past year. 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
Mon, 02 Feb 2026CHF 28.6bCHF 22.7bCHF 674.8m34.7x42.3x1.3x
Wed, 31 Dec 2025CHF 30.8bCHF 23.0bCHF 648.7m29.4x47.4x1.3x
Fri, 28 Nov 2025CHF 31.4bCHF 23.2bCHF 113.0m33.1x277.7x1.4x
Sun, 26 Oct 2025CHF 32.1bCHF 23.4bCHF 81.7m34.1x393x1.4x
Tue, 23 Sep 2025CHF 37.1bCHF 23.5bCHF 75.1m33x493.9x1.6x
Thu, 21 Aug 2025CHF 31.8bCHF 23.6bCHF 55.8m30.1x570x1.3x
Sat, 19 Jul 2025CHF 32.6bCHF 21.8b-CHF 90,885,391.5031.2x-358.6x1.5x
Mon, 16 Jun 2025CHF 29.3bCHF 21.9b-CHF 84,846,030.8629.3x-345.1x1.3x
Wed, 14 May 2025CHF 30.0bCHF 22.2b-CHF 52,235,158.8430.3x-574.6x1.3x
Fri, 11 Apr 2025CHF 24.9bCHF 22.1b-CHF 455,649,753.6526.1x-54.6x1.1x
Sun, 09 Mar 2025CHF 32.1bCHF 22.9b-CHF 444,647,580.8929x-72.2x1.4x
Tue, 04 Feb 2025CHF 34.1bCHF 23.3b-CHF 357,998,085.7528.2x-95.3x1.5x
Thu, 02 Jan 2025CHF 29.2bCHF 23.1b-CHF 323,378,041.2126.3x-90.2x1.3x
Sat, 30 Nov 2024CHF 28.8bCHF 22.8b-CHF 341,937,908.2727.1x-84.3x1.3x
Mon, 28 Oct 2024CHF 30.6bCHF 19.7bCHF 658.5m27.7x46.5x1.6x
Wed, 25 Sep 2024CHF 33.2bCHF 22.8b-CHF 212,665,577.6030x-156.1x1.5x
Fri, 23 Aug 2024CHF 34.5bCHF 22.9b-CHF 199,278,021.8728.7x-173x1.5x
Sun, 21 Jul 2024CHF 36.1bCHF 24.2b-CHF 1,378,261,383.0530.9x-26.2x1.5x
Tue, 18 Jun 2024CHF 38.1bCHF 24.0b-CHF 1,352,506,486.5332.1x-28.1x1.6x
Thu, 16 May 2024CHF 36.1bCHF 24.6b-CHF 1,381,538,726.5826.2x-26.1x1.5x
Sat, 13 Apr 2024CHF 35.0bCHF 24.6b-CHF 949,737,015.4331.2x-36.8x1.4x
Mon, 11 Mar 2024CHF 35.8bCHF 24.2b-CHF 723,420,580.6335.2x-49.5x1.5x
Wed, 07 Feb 2024CHF 38.0bCHF 24.8b-CHF 578,321,288.1030.7x-65.8x1.5x
Fri, 05 Jan 2024CHF 38.2bCHF 24.8b-CHF 647,945,887.0034.5x-58.9x1.5x
Sun, 03 Dec 2023CHF 36.0bCHF 25.3b-CHF 646,990,584.0034.1x-55.7x1.4x
Tue, 31 Oct 2023CHF 32.9bCHF 26.0b-CHF 949,197,595.0027.8x-34.7x1.3x
Thu, 28 Sep 2023CHF 33.8bCHF 26.2b-CHF 888,155,609.0028.6x-38.1x1.3x
Sat, 26 Aug 2023CHF 33.9bCHF 25.7b-CHF 889,748,911.0028.7x-38x1.3x
Mon, 24 Jul 2023CHF 34.5bCHF 26.7bCHF 440.4m22x78.3x1.3x
Wed, 21 Jun 2023CHF 34.1bCHF 27.3bCHF 456.2m22.1x74.7x1.3x
Fri, 19 May 2023CHF 34.4bCHF 27.2bCHF 458.0m23.4x75x1.3x
Sun, 16 Apr 2023CHF 32.9bCHF 27.6bCHF 645.8m23.2x51x1.2x
Tue, 14 Mar 2023CHF 31.9bCHF 27.6bCHF 615.8m22.8x51.8x1.2x
Thu, 09 Feb 2023CHF 34.5bCHF 28.5bCHF 1.0b27.8x34.3x1.2x
Price to Earnings Ratio

34.3x


Total Market Cap: CHF 34.5bTotal Earnings: CHF 1.0bTotal Revenue: CHF 28.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Tech Sector Price to Earnings3Y Average 30.1x202420252026
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 42.3x which is higher than its 3-year average PE of 30.1x.
  • 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 declined 13% per year over the last three years,
  • Revenues have also declined 7.4% 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 Tech sector?

CH Market0.14%
Tech-4.65%
Semiconductors-0.15%
Electronic Equipment and Components-0.73%
IT-0.89%
Software-7.01%
Tech Hardware-8.76%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio of 90.5x.
    • Analysts are expecting annual earnings growth of 40.2%, which is higher than its past year's earnings decline of 1.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 105% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings decline by 10% 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
COTN Comet HoldingCHF 299.404.6%
+CHF 102.6m		12.3%PE59.8x
LAND Landis+Gyr GroupCHF 54.306.7%
+CHF 98.1m		-10.1%PS1.2x
UBXN u-blox HoldingCHF 135.000.3%
+CHF 3.1m		108.0%PS3.6x
ELMN Elma ElectronicCHF 1.28k0.8%
+CHF 2.3m		20.8%PE34.7x
AMS ams-OSRAMCHF 8.050.2%
+CHF 2.0m		24.8%PS0.3x

Latest News

TEMN
CHF 68.35
Temenos
7D
-7.0%
1Y
-11.7%

Investors Should Be Encouraged By Temenos' (VTX:TEMN) Returns On Capital

Feb 02
Investors Should Be Encouraged By Temenos' (VTX:TEMN) Returns On Capital
SWON
CHF 7.94
SoftwareOne Holding
7D
-8.1%
1Y
34.9%

Investors Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues

Feb 01
Investors Aren't Entirely Convinced By SoftwareOne Holding AG's (VTX:SWON) Revenues
LOGN
CHF 66.64
Logitech International
7D
-8.8%
1Y
-24.8%

Analyst Estimates: Here's What Brokers Think Of Logitech International S.A. (VTX:LOGN) After Its Third-Quarter Report

Jan 30
Analyst Estimates: Here's What Brokers Think Of Logitech International S.A. (VTX:LOGN) After Its Third-Quarter Report
LAND
CHF 54.30
Landis+Gyr Group
7D
6.7%
1Y
-10.1%
SENS
CHF 57.30
Sensirion Holding
7D
0.2%
1Y
-10.0%
IFCN
CHF 122.00
INFICON Holding
7D
-2.6%
1Y
6.1%
COTN
CHF 299.40
Comet Holding
7D
4.6%
1Y
12.3%
CICN
CHF 123.00
Cicor Technologies
7D
-2.0%
1Y
83.6%

CICN: Delayed German Deliveries Will Set Up Future Upside Potential

Analysts have trimmed their price target on Cicor Technologies from CHF 211.26 to about CHF 175.00, citing updated assumptions for slightly lower revenue growth, more modest profit margins, a somewhat higher discount rate, and a small uplift in expected future P/E. What's in the News Cicor Technologies revised its earnings guidance for fiscal 2025, citing a weaker-than-expected economic environment, which is affecting its revenue outlook.
WIHN
CHF 12.00
WISeKey International Holding
7D
-6.1%
1Y
-4.0%
AMS
CHF 8.05
ams-OSRAM
7D
0.2%
1Y
24.8%

ams-OSRAM (VTX:AMS) Use Of Debt Could Be Considered Risky

Jan 06
ams-OSRAM (VTX:AMS) Use Of Debt Could Be Considered Risky
ALSN
CHF 198.80
ALSO Holding
7D
-2.3%
1Y
-19.8%

Investors Met With Slowing Returns on Capital At ALSO Holding (VTX:ALSN)

Dec 11
Investors Met With Slowing Returns on Capital At ALSO Holding (VTX:ALSN)
UBXN
CHF 135.00
u-blox Holding
7D
0.3%
1Y
108.0%
LEHN
CHF 281.50
LEM Holding
7D
-1.7%
1Y
-66.6%
ELMN
CHF 1,280.00
Elma Electronic
7D
0.8%
1Y
20.8%