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Swiss (SMI) Electronic Equipment and Components Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies10
  • 7D-2.2%
  • 3M-7.8%
  • 1Y-12.1%
  • YTD-10.9%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 3.3%, driven by a pullback from ALSO Holding of 8.5%. The industry has fallen 13% in the last year. Earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

Has the Swiss Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026CHF 11.4bCHF 17.3bCHF 99.0m38.8x115.2x0.7x
Thu, 19 Feb 2026CHF 12.7bCHF 15.0bCHF 42.9m37.3x295.8x0.8x
Sat, 17 Jan 2026CHF 12.9bCHF 15.3bCHF 37.8m34.7x340.7x0.8x
Mon, 15 Dec 2025CHF 12.3bCHF 15.3bCHF 39.4m34.1x311.7x0.8x
Wed, 12 Nov 2025CHF 12.4bCHF 15.3bCHF 37.9m34.1x327.9x0.8x
Fri, 10 Oct 2025CHF 13.6bCHF 15.4bCHF 76.9m37.5x176.5x0.9x
Sun, 07 Sep 2025CHF 12.7bCHF 15.4bCHF 78.3m32.5x162.4x0.8x
Tue, 05 Aug 2025CHF 13.4bCHF 15.5bCHF 48.4m33.8x276.3x0.9x
Thu, 03 Jul 2025CHF 13.8bCHF 13.8bCHF 58.7m30.5x234.9x1x
Sat, 31 May 2025CHF 12.7bCHF 13.9bCHF 54.8m29.8x231.7x0.9x
Mon, 28 Apr 2025CHF 11.7bCHF 14.1bCHF 236.0m27.4x49.6x0.8x
Wed, 26 Mar 2025CHF 12.6bCHF 14.4bCHF 241.5m28.3x52.1x0.9x
Fri, 21 Feb 2025CHF 13.4bCHF 14.5bCHF 300.0m29.6x44.7x0.9x
Sun, 19 Jan 2025CHF 12.7bCHF 14.5bCHF 317.6m27.6x40x0.9x
Tue, 17 Dec 2024CHF 12.1bCHF 14.4bCHF 313.4m26.2x38.7x0.8x
Thu, 14 Nov 2024CHF 13.0bCHF 14.4bCHF 311.7m27x41.8x0.9x
Sat, 12 Oct 2024CHF 15.8bCHF 14.3bCHF 319.5m29.7x49.5x1.1x
Mon, 09 Sep 2024CHF 15.6bCHF 14.3bCHF 316.6m28.9x49.2x1.1x
Wed, 07 Aug 2024CHF 16.1bCHF 14.2bCHF 364.8m29.9x44x1.1x
Fri, 05 Jul 2024CHF 18.0bCHF 15.3bCHF 394.0m31.8x45.6x1.2x
Sun, 02 Jun 2024CHF 17.7bCHF 15.5bCHF 405.5m26.9x43.6x1.1x
Tue, 30 Apr 2024CHF 16.1bCHF 15.5bCHF 374.9m33.1x42.9x1x
Thu, 28 Mar 2024CHF 16.6bCHF 15.5bCHF 374.4m33.1x44.2x1.1x
Sat, 24 Feb 2024CHF 16.9bCHF 15.2bCHF 434.7m34.6x38.8x1.1x
Mon, 22 Jan 2024CHF 17.1bCHF 16.0bCHF 491.2m31.9x34.7x1.1x
Wed, 20 Dec 2023CHF 17.5bCHF 16.1bCHF 496.8m34.1x35.3x1.1x
Fri, 17 Nov 2023CHF 16.6bCHF 16.4bCHF 501.9m30.4x33.1x1x
Sun, 15 Oct 2023CHF 16.0bCHF 16.0bCHF 630.3m27x25.4x1x
Tue, 12 Sep 2023CHF 16.0bCHF 16.1bCHF 628.5m27x25.4x1x
Thu, 10 Aug 2023CHF 16.2bCHF 16.1bCHF 568.0m18.7x28.5x1x
Sat, 08 Jul 2023CHF 16.1bCHF 16.9bCHF 589.3m22x27.4x1x
Mon, 05 Jun 2023CHF 16.0bCHF 17.0bCHF 595.0m23.5x26.8x0.9x
Wed, 03 May 2023CHF 15.2bCHF 17.0bCHF 578.2m23x26.3x0.9x
Fri, 31 Mar 2023CHF 15.0bCHF 17.1bCHF 606.0m24.1x24.7x0.9x
Price to Earnings Ratio

24.7x


Total Market Cap: CHF 15.0bTotal Earnings: CHF 606.0mTotal Revenue: CHF 17.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electronic Equipment and Components Industry Price to Earnings3Y Average 99.3x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 114x which is higher than its 3-year average PE of 99x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 46% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Swiss Tech industry?

CH Market-3.48%
Tech-3.33%
Electronic Equipment and Components-2.17%
Electronic Components0%0
Electronic Equipment and Instruments-0.74%
Electronic Manufacturing Services-3.61%
Technology Distributors-5.11%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry, which is trading close to its 3-year average PE ratio of 42.3x.
    • Analysts are expecting annual earnings growth of 35.1%, which is higher than its past year's earnings decline of 5.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 57% per year.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 16% 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 249.601.1%
+CHF 20.2m		6.0%PE158.9x
LEHN LEM HoldingCHF 285.506.5%
+CHF 19.9m		-61.9%PE38.8x
KUD KudelskiCHF 1.360.7%
+CHF 561.7k		3.4%PS0.3x

Latest News

SENS
CHF 55.60
Sensirion Holding
7D
-3.5%
1Y
-25.8%
CICN
CHF 120.00
Cicor Technologies
7D
-3.6%
1Y
26.3%

Pan European Footprint And Defence Exposure Will Support Steady Margins And Fair Valuation

Catalysts About Cicor Technologies Cicor Technologies is a design and manufacturing partner for advanced, high reliability electronics, with a focus on high mix, low volume production for industrial, aerospace and defence, and healthcare applications. What are the underlying business or industry changes driving this perspective?
ALSN
CHF 142.80
ALSO Holding
7D
-7.8%
1Y
-43.2%
KUD
CHF 1.36
Kudelski
7D
0.7%
1Y
3.4%
COTN
CHF 249.60
Comet Holding
7D
1.1%
1Y
6.0%

COTN: Higher 2026 Sales Outlook Will Support Future Upside

Analysts are maintaining their price target for Comet Holding at CHF 370.00. Slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E are helping to refine, rather than rethink, their valuation view.
LEHN
CHF 285.50
LEM Holding
7D
6.5%
1Y
-61.9%

LEHN: Higher Margin Guidance And Efficiency Focus Will Support Future Upside

Analysts have kept their LEM Holding price target steady at CHF379, citing only slight adjustments to assumptions for the discount rate, profit margin, and future P/E that do not materially change their view of fair value. What's in the News LEM Holding SA raised earnings guidance for the year 2026, signalling updated internal expectations for the upcoming period (Key Developments).
SWON
CHF 6.81
SoftwareOne Holding
7D
-1.6%
1Y
17.4%

SWON: Crayon Integration Execution Will Offset Vendor Incentive Headwinds

Analysts have trimmed their price target for SoftwareOne Holding to CHF 7.90 from CHF 8.10, citing what they see as an uphill battle related to declining vendor incentives and the Crayon integration. Analyst Commentary Recent research points to a more cautious stance on SoftwareOne Holding, with the latest move being a downgrade alongside a lower price target of CHF 7.90 from CHF 8.10.
IFCN
CHF 109.20
INFICON Holding
7D
-1.1%
1Y
12.6%

IFCN: Rich Multiple Will Face Pressure From Softer 2025 Earnings Guidance

Analysts have lifted their price target for INFICON Holding slightly to around CHF 79.68 from about CHF 79.68, citing updated assumptions for revenue growth, profit margins and future P/E multiples following recent research including the Deutsche Bank upgrade. Analyst Commentary Recent research, including the Deutsche Bank work referenced above, highlights that views on INFICON Holding remain mixed, with some cautious voices focusing on what could go wrong rather than what could go right.
LAND
CHF 50.10
Landis+Gyr Group
7D
-2.3%
1Y
-8.6%

LAND: Grid Edge Collaboration And Margin Execution Will Support Future P E Re Rating

Analysts have trimmed their average price target for Landis+Gyr Group by CHF 10 to reflect slightly adjusted fair value estimates, updated discount rate assumptions and revised expectations for revenue trends, profit margins and future P/E levels, as seen in the recent Berenberg move to lower its target. Analyst Commentary Bullish analysts frame the latest price target trim as a calibration of their models rather than a break in confidence, with the CHF 10 move seen as aligning fair value estimates with updated assumptions rather than signaling a shift in the underlying equity story.
ELMN
CHF 1,270.00
Elma Electronic
7D
-0.8%
1Y
15.5%