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Swiss (SMI) Electronic Equipment and Components Industry Analysis

UpdatedMar 19, 2026
DataAggregated Company Financials
Companies10
  • 7D-1.1%
  • 3M-5.3%
  • 1Y-13.5%
  • YTD-8.7%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 1.1%, driven by a pullback from SoftwareOne Holding of 5.5%. On the other hand Comet Holding is actually up 6.3%. The industry has fallen 13% in the last year. As for the next few years, earnings are expected to grow by 40% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Mar 2026CHF 11.7bCHF 17.3bCHF 98.1m35.9x119.2x0.7x
Sat, 14 Feb 2026CHF 12.9bCHF 15.0bCHF 43.6m36.5x295.6x0.9x
Mon, 12 Jan 2026CHF 12.7bCHF 15.3bCHF 38.3m34.7x330.8x0.8x
Wed, 10 Dec 2025CHF 12.7bCHF 15.4bCHF 38.0m34.1x334x0.8x
Fri, 07 Nov 2025CHF 12.1bCHF 15.3bCHF 36.0m34.2x336.3x0.8x
Sun, 05 Oct 2025CHF 13.3bCHF 15.4bCHF 78.5m33x169.3x0.9x
Tue, 02 Sep 2025CHF 13.1bCHF 15.5bCHF 78.0m33.3x167.4x0.8x
Thu, 31 Jul 2025CHF 14.4bCHF 15.4bCHF 53.3m33.6x269.5x0.9x
Sat, 28 Jun 2025CHF 13.8bCHF 13.8bCHF 57.9m30.4x238.2x1x
Mon, 26 May 2025CHF 12.6bCHF 13.9bCHF 68.5m29.7x183.3x0.9x
Wed, 23 Apr 2025CHF 11.0bCHF 14.0bCHF 234.5m26.5x46.8x0.8x
Fri, 21 Mar 2025CHF 12.9bCHF 14.4bCHF 242.0m29x53.1x0.9x
Sun, 16 Feb 2025CHF 13.2bCHF 14.5bCHF 306.6m29.2x43x0.9x
Tue, 14 Jan 2025CHF 12.2bCHF 14.5bCHF 318.3m26.7x38.3x0.8x
Thu, 12 Dec 2024CHF 12.6bCHF 14.3bCHF 310.2m26.7x40.6x0.9x
Sat, 09 Nov 2024CHF 13.5bCHF 14.4bCHF 329.0m26.6x41x0.9x
Mon, 07 Oct 2024CHF 16.2bCHF 14.4bCHF 320.3m30.3x50.6x1.1x
Wed, 04 Sep 2024CHF 16.2bCHF 14.3bCHF 318.4m29x50.8x1.1x
Fri, 02 Aug 2024CHF 17.4bCHF 14.5bCHF 371.2m31.8x47x1.2x
Sun, 30 Jun 2024CHF 17.6bCHF 15.2bCHF 392.4m31.8x44.8x1.2x
Tue, 28 May 2024CHF 17.9bCHF 15.7bCHF 419.6m26.3x42.7x1.1x
Thu, 25 Apr 2024CHF 15.7bCHF 15.5bCHF 375.8m30.4x41.8x1x
Sat, 23 Mar 2024CHF 16.6bCHF 15.4bCHF 372.3m33.6x44.6x1.1x
Mon, 19 Feb 2024CHF 17.5bCHF 16.0bCHF 468.7m35.5x37.3x1.1x
Wed, 17 Jan 2024CHF 16.9bCHF 15.8bCHF 488.9m31.7x34.5x1.1x
Fri, 15 Dec 2023CHF 17.5bCHF 16.1bCHF 497.9m34.1x35.1x1.1x
Sun, 12 Nov 2023CHF 16.0bCHF 16.4bCHF 501.6m28x32x1x
Tue, 10 Oct 2023CHF 15.7bCHF 16.1bCHF 632.8m26.6x24.7x1x
Thu, 07 Sep 2023CHF 16.4bCHF 16.1bCHF 625.4m28.1x26.2x1x
Sat, 05 Aug 2023CHF 16.4bCHF 16.1bCHF 566.1m18.8x29x1x
Mon, 03 Jul 2023CHF 16.6bCHF 17.0bCHF 591.5m23.4x28.1x1x
Wed, 31 May 2023CHF 15.7bCHF 16.9bCHF 589.6m23.7x26.6x0.9x
Fri, 28 Apr 2023CHF 14.9bCHF 16.9bCHF 599.0m22.5x24.9x0.9x
Sun, 26 Mar 2023CHF 14.5bCHF 17.0bCHF 609.1m23.3x23.8x0.9x
Price to Earnings Ratio

23.8x


Total Market Cap: CHF 14.5bTotal Earnings: CHF 609.1mTotal Revenue: CHF 17.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electronic Equipment and Components Industry Price to Earnings3Y Average 98.9x202420252026
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 119x which is higher than its 3-year average PE of 98.9x.
  • 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-1.19%
Tech-0.73%
Electronic Equipment and Components-1.11%
Electronic Manufacturing Services0.79%
Electronic Components0%0
Electronic Equipment and Instruments-0.032%
Technology Distributors-3.81%
Industry PE
  • Investors are most optimistic about the Technology Distributors industry, which is trading close to its 3-year average PE ratio of 42.4x.
    • Analysts are expecting annual earnings growth of 34.1%, 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 17% 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 261.806.3%
+CHF 119.7m		7.7%PE166.6x
CICN Cicor TechnologiesCHF 127.500.8%
+CHF 4.4m		29.3%PE17.2x
KUD KudelskiCHF 1.353.1%
+CHF 2.2m		3.4%PS0.3x

Latest News

ALSN
CHF 153.40
ALSO Holding
7D
-2.5%
1Y
-41.7%
KUD
CHF 1.35
Kudelski
7D
3.1%
1Y
3.4%
COTN
CHF 261.80
Comet Holding
7D
6.3%
1Y
7.7%

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 264.00
LEM Holding
7D
-5.0%
1Y
-68.1%

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 6.62
SoftwareOne Holding
7D
-5.5%
1Y
9.4%

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.
SENS
CHF 56.80
Sensirion Holding
7D
-4.9%
1Y
-27.4%
IFCN
CHF 112.00
INFICON Holding
7D
-1.8%
1Y
12.0%

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 50.00
Landis+Gyr Group
7D
-1.0%
1Y
-11.5%

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.
CICN
CHF 127.50
Cicor Technologies
7D
0.8%
1Y
29.3%