Header cover image

Swiss (SMI) Telecom Sector Analysis

UpdatedApr 04, 2026
DataAggregated Company Financials
Companies8
  • 7D1.2%
  • 3M10.5%
  • 1Y24.3%
  • YTD9.8%

Over the last 7 days, the Telecom industry has risen 1.2%, driven by gains in SMG Swiss Marketplace Group Holding and Swisscom of 7.3% and 0.5%, respectively. During this same period, the Highlight Event and Entertainment underperformed, falling 11%. In the last 12 months, the industry was up 24%. Looking forward, earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 04 Apr 2026CHF 43.1bCHF 20.5bCHF 1.3b27.4x34.4x2.1x
Mon, 02 Mar 2026CHF 46.5bCHF 20.5bCHF 1.2b29.8x38.3x2.3x
Wed, 28 Jan 2026CHF 42.0bCHF 19.5bCHF 1.1b29.2x38.3x2.1x
Fri, 26 Dec 2025CHF 38.5bCHF 19.5bCHF 1.1b24.1x35.1x2x
Sun, 23 Nov 2025CHF 41.7bCHF 19.5bCHF 1.1b23.1x38x2.1x
Tue, 21 Oct 2025CHF 38.1bCHF 15.5bCHF 1.4b23.6x27.5x2.5x
Thu, 18 Sep 2025CHF 33.2bCHF 15.2bCHF 1.3b22.7x24.9x2.2x
Sat, 16 Aug 2025CHF 33.1bCHF 15.3bCHF 1.3b26.8x24.7x2.2x
Mon, 14 Jul 2025CHF 32.4bCHF 14.3bCHF 1.5b27.3x22.2x2.3x
Wed, 11 Jun 2025CHF 32.2bCHF 14.3bCHF 1.5b28.6x21.8x2.2x
Fri, 09 May 2025CHF 30.9bCHF 13.3bCHF 1.6b27.4x19.8x2.3x
Sun, 06 Apr 2025CHF 29.5bCHF 13.3bCHF 1.6b26.1x18.9x2.2x
Tue, 04 Mar 2025CHF 29.7bCHF 13.3bCHF 1.6b20x18.8x2.2x
Thu, 30 Jan 2025CHF 29.7bCHF 13.3bCHF 1.7b18.8x17.2x2.2x
Sat, 28 Dec 2024CHF 28.8bCHF 13.3bCHF 1.7b18.4x16.7x2.2x
Mon, 25 Nov 2024CHF 28.9bCHF 13.3bCHF 1.7b17.9x16.8x2.2x
Wed, 23 Oct 2024CHF 31.3bCHF 13.3bCHF 1.7b19.2x18x2.4x
Fri, 20 Sep 2024CHF 30.4bCHF 13.3bCHF 1.7b19.3x17.5x2.3x
Sun, 18 Aug 2024CHF 30.0bCHF 13.3bCHF 1.7b19.2x17.4x2.3x
Tue, 16 Jul 2024CHF 29.8bCHF 13.2bCHF 1.8b19.1x17x2.3x
Thu, 13 Jun 2024CHF 28.4bCHF 13.2bCHF 1.8b18.9x16.2x2.1x
Sat, 11 May 2024CHF 28.4bCHF 13.2bCHF 1.8b18.8x16.2x2.1x
Mon, 08 Apr 2024CHF 29.7bCHF 13.3bCHF 1.7b20.3x17.1x2.2x
Wed, 06 Mar 2024CHF 28.6bCHF 13.3bCHF 1.7b15.6x16.8x2.2x
Fri, 02 Feb 2024CHF 28.5bCHF 13.3bCHF 1.7b15.5x16.9x2.1x
Sun, 31 Dec 2023CHF 28.3bCHF 13.3bCHF 1.7b15.4x16.8x2.1x
Tue, 28 Nov 2023CHF 28.5bCHF 13.3bCHF 1.7b15.7x16.9x2.1x
Thu, 26 Oct 2023CHF 29.3bCHF 13.3bCHF 1.7b16.6x17.8x2.2x
Sat, 23 Sep 2023CHF 30.4bCHF 13.3bCHF 1.7b17.2x18.4x2.3x
Mon, 21 Aug 2023CHF 29.1bCHF 13.3bCHF 1.6b20x17.9x2.2x
Wed, 19 Jul 2023CHF 30.5bCHF 13.3bCHF 1.6b20.7x19.6x2.3x
Fri, 16 Jun 2023CHF 30.8bCHF 13.3bCHF 1.6b20.8x19.8x2.3x
Sun, 14 May 2023CHF 32.5bCHF 13.3bCHF 1.6b21.5x20.9x2.4x
Tue, 11 Apr 2023CHF 33.2bCHF 13.4bCHF 1.6b21.5x21.1x2.5x
Price to Earnings Ratio

21.1x


Total Market Cap: CHF 33.2bTotal Earnings: CHF 1.6bTotal Revenue: CHF 13.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Telecom Sector Price to Earnings3Y Average 21.3x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.4x which is higher than its 3-year average PE of 21.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 7.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% per year.
  • This means that although more sales are being generated, 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 Telecom sector?

CH Market3.13%
Telecom1.20%
Media3.32%
Telecom Services and Carriers0.70%
Interactive Media and Services0%0
Entertainment-10.94%
Industry PE
  • Investors are most optimistic about the Media industry even though it's trading below its 3-year average PE ratio of 130x.
    • Analysts are expecting annual earnings growth of 37.9%, which is lower than the prior year's growth of 253.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 38% over the next 5 years.
  • However this is lower than its past earnings growth rate of 254% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 15% 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
SMG SMG Swiss Marketplace Group HoldingCHF 27.807.3%
+CHF 186.4m
n/aPE40.3x
SCMN SwisscomCHF 671.500.5%
+CHF 181.3m
29.6%PE27.4x
SUNN Sunrise CommunicationsCHF 47.182.5%
+CHF 84.3m
14.3%PS1.1x
TXGN TX GroupCHF 134.204.4%
+CHF 57.5m
-23.8%PE160.3x
APGN APG|SGACHF 195.502.4%
+CHF 13.5m
-8.2%PE21.6x