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Swiss (SMI) Electronic Equipment and Components Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies10
  • 7D5.7%
  • 3M-5.3%
  • 1Y8.7%
  • YTD-6.6%

Over the last 7 days, the Electronic Equipment and Components industry has risen 5.7%, driven by gains in INFICON Holding and Comet Holding of 8.9% and 10%, respectively. During this same period, the SoftwareOne Holding underperformed, falling 6.1%. This means that the industry has gained 8.7% over the past year. As for the next few years, earnings are expected to grow by 42% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026CHF 12.0bCHF 17.7bCHF 90.7m46.2x132x0.7x
Tue, 10 Mar 2026CHF 11.4bCHF 17.1bCHF 96.1m37.5x118.3x0.7x
Thu, 05 Feb 2026CHF 12.8bCHF 15.1bCHF 40.9m35.8x312.4x0.8x
Sat, 03 Jan 2026CHF 12.4bCHF 15.3bCHF 39.6m34.7x313.8x0.8x
Mon, 01 Dec 2025CHF 12.4bCHF 15.3bCHF 37.8m34.1x327.4x0.8x
Wed, 29 Oct 2025CHF 12.8bCHF 15.3bCHF 77.7m38.5x164.5x0.8x
Fri, 26 Sep 2025CHF 13.6bCHF 15.4bCHF 77.8m34.6x174.3x0.9x
Sun, 24 Aug 2025CHF 13.1bCHF 15.5bCHF 96.2m34x135.7x0.8x
Tue, 22 Jul 2025CHF 15.2bCHF 13.8bCHF 57.8m31.5x262.9x1.1x
Thu, 19 Jun 2025CHF 13.3bCHF 13.9bCHF 55.9m29.8x237x1x
Sat, 17 May 2025CHF 13.0bCHF 13.9bCHF 66.6m30.4x195.2x0.9x
Mon, 14 Apr 2025CHF 10.6bCHF 13.9bCHF 233.1m25.8x45.4x0.8x
Wed, 12 Mar 2025CHF 12.5bCHF 14.5bCHF 226.0m28.4x55.4x0.9x
Fri, 07 Feb 2025CHF 13.2bCHF 14.4bCHF 315.7m28.7x41.9x0.9x
Sun, 05 Jan 2025CHF 12.4bCHF 14.4bCHF 316.1m26.7x39.2x0.9x
Tue, 03 Dec 2024CHF 12.8bCHF 14.3bCHF 311.0m27x41.2x0.9x
Thu, 31 Oct 2024CHF 14.7bCHF 14.4bCHF 321.5m27x45.8x1x
Sat, 28 Sep 2024CHF 16.6bCHF 14.3bCHF 316.6m31.3x52.4x1.2x
Mon, 26 Aug 2024CHF 16.4bCHF 14.4bCHF 319.1m28.5x51.3x1.1x
Wed, 24 Jul 2024CHF 17.4bCHF 15.3bCHF 391.8m31.2x44.3x1.1x
Fri, 21 Jun 2024CHF 18.0bCHF 15.1bCHF 390.1m33.1x46.1x1.2x
Sun, 19 May 2024CHF 17.2bCHF 15.6bCHF 418.0m26.2x41.1x1.1x
Tue, 16 Apr 2024CHF 16.1bCHF 15.4bCHF 374.3m31.3x43x1x
Thu, 14 Mar 2024CHF 16.4bCHF 15.2bCHF 368.3m34.5x44.6x1.1x
Sat, 10 Feb 2024CHF 17.4bCHF 15.9bCHF 467.0m34.1x37.2x1.1x
Mon, 08 Jan 2024CHF 16.9bCHF 15.7bCHF 486.5m30.5x34.8x1.1x
Wed, 06 Dec 2023CHF 16.8bCHF 16.1bCHF 498.8m32.6x33.6x1x
Fri, 03 Nov 2023CHF 15.7bCHF 16.4bCHF 501.7m25.2x31.3x1x
Sun, 01 Oct 2023CHF 16.3bCHF 16.3bCHF 636.9m27.9x25.6x1x
Tue, 29 Aug 2023CHF 15.9bCHF 16.0bCHF 622.5m27.4x25.5x1x
Thu, 27 Jul 2023CHF 15.9bCHF 16.6bCHF 578.9m20x27.5x1x
Sat, 24 Jun 2023CHF 16.3bCHF 17.0bCHF 592.5m22.2x27.5x1x
Mon, 22 May 2023CHF 15.7bCHF 16.9bCHF 587.1m23.7x26.7x0.9x
Wed, 19 Apr 2023CHF 15.1bCHF 16.9bCHF 599.3m23.5x25.2x0.9x
Price to Earnings Ratio

25.2x


Total Market Cap: CHF 15.1bTotal Earnings: CHF 599.3mTotal Revenue: CHF 16.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Electronic Equipment and Components Industry Price to Earnings3Y Average 101.2x202420252026
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 132x which is higher than its 3-year average PE of 101x.
  • 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 47% 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 Market1.81%
Tech1.85%
Electronic Equipment and Components5.66%
Electronic Equipment and Instruments8.00%
Electronic Manufacturing Services3.39%
Technology Distributors0.37%
Electronic Components0%0
Industry PE
  • Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 24.7x.
    • Analysts are expecting annual earnings growth of 31.4%, which is higher than its past year's earnings decline of 37.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings decline of 57% per year.
  • In contrast, the Technology Distributors industry is expected to see its earnings grow by 30% 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 114.808.9%
+CHF 229.8m		46.6%PE41.4x
COTN Comet HoldingCHF 280.0010.1%
+CHF 200.5m		36.2%PE178.2x
ALSN ALSO HoldingCHF 148.605.2%
+CHF 94.2m		-33.8%PE18.7x
LAND Landis+Gyr GroupCHF 54.206.3%
+CHF 92.3m		18.2%PS1.2x
SENS Sensirion HoldingCHF 64.406.6%
+CHF 62.2m		18.4%PE49.8x

Latest News

COTN
CHF 280.00
Comet Holding
7D
10.1%
1Y
36.2%
SENS
CHF 64.40
Sensirion Holding
7D
6.6%
1Y
18.4%
IFCN
CHF 114.80
INFICON Holding
7D
8.9%
1Y
46.6%

IFCN: Future Dividend And Margin Guidance Will Support Renewed Bullish Research Attention

Analysts have raised the INFICON Holding price target to CHF 119.57 from CHF 116.55, citing updated assumptions for revenue growth, profit margins and P/E, consistent with recent bullish and upgraded research views on the stock. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the updated assumptions for revenue growth and profit margins support the higher CHF 119.57 price target, which they see as better aligned with current research views.
SWON
CHF 5.92
SoftwareOne Holding
7D
-6.1%
1Y
23.2%

Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings

Apr 07
Shareholders Will Be Pleased With The Quality of SoftwareOne Holding's (VTX:SWON) Earnings
LAND
CHF 54.20
Landis+Gyr Group
7D
6.3%
1Y
18.2%

LAND: Grid Edge Collaboration And P/E Reset Will Support Future Upside

Analysts have slightly adjusted their view on Landis+Gyr Group, trimming Street price targets by CHF 10 while maintaining a relatively unchanged fair value estimate as they reassess assumptions on discount rates, revenue growth, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts view the CHF 10 trim to price targets as a recalibration of inputs such as discount rates and future P/E multiples rather than a shift in the underlying thesis on Landis+Gyr Group.
CICN
CHF 122.00
Cicor Technologies
7D
3.4%
1Y
28.4%

CICN: Slightly Higher Discount Rate Will Still Support Attractive Future P/E

Analysts have trimmed their price target for Cicor Technologies by CHF1 to reflect a slightly higher discount rate and marginally lower future P/E assumption, while keeping revenue growth and profit margin expectations broadly in line with prior views. Valuation Changes Fair Value: reduced slightly from CHF171.1 to CHF170.1, a change of CHF1.0. Discount Rate: adjusted marginally from 6.02% to 6.05%.
ELMN
CHF 1,280.00
Elma Electronic
7D
0.8%
1Y
17.4%
LEHN
CHF 313.50
LEM Holding
7D
8.5%
1Y
-49.1%

LEHN: Higher 2026 Margin Guidance And Efficiency Gains Will Support Upside

Analysts have kept their fair value estimate for LEM Holding steady at CHF 379, citing only very small tweaks to discount rate, revenue growth, profit margin and future P/E assumptions that do not materially change their overall view. What's in the News LEM Holding SA updated its earnings outlook for 2025/26, raising guidance for the year 2026 (Key Developments).
KUD
CHF 1.26
Kudelski
7D
-3.8%
1Y
5.9%
ALSN
CHF 148.60
ALSO Holding
7D
5.2%
1Y
-33.8%