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Swiss (SMI) Utilities Sector Analysis

UpdatedMar 22, 2026
DataAggregated Company Financials
Companies4
  • 7D0.3%
  • 3M-7.1%
  • 1Y1.3%
  • YTD-9.3%

In the last week, Utilities has been flat. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Mar 2026CHF 10.4bCHF 6.6bCHF 526.0m22.3x19.7x1.6x
Tue, 17 Feb 2026CHF 10.0bCHF 6.9bCHF 614.6m16.9x16.3x1.4x
Thu, 15 Jan 2026CHF 11.5bCHF 7.0bCHF 617.9m20x18.6x1.6x
Sat, 13 Dec 2025CHF 11.0bCHF 7.0bCHF 618.4m19x17.8x1.6x
Mon, 10 Nov 2025CHF 11.0bCHF 7.0bCHF 617.9m19.2x17.8x1.6x
Wed, 08 Oct 2025CHF 11.5bCHF 7.0bCHF 617.9m20x18.6x1.6x
Fri, 05 Sep 2025CHF 10.9bCHF 7.0bCHF 619.2m18.7x17.5x1.6x
Sun, 03 Aug 2025CHF 11.8bCHF 7.1bCHF 809.3m17.4x14.6x1.7x
Tue, 01 Jul 2025CHF 11.2bCHF 7.2bCHF 816.7m18x13.8x1.6x
Thu, 29 May 2025CHF 11.2bCHF 7.2bCHF 816.5m16.6x13.7x1.6x
Sat, 26 Apr 2025CHF 10.5bCHF 7.2bCHF 817.9m15.2x12.9x1.5x
Mon, 24 Mar 2025CHF 10.2bCHF 7.2bCHF 970.4m6.8x10.5x1.4x
Wed, 19 Feb 2025CHF 10.3bCHF 7.2bCHF 787.2m8.8x13.1x1.4x
Fri, 17 Jan 2025CHF 10.5bCHF 7.2bCHF 786.7m9x13.4x1.5x
Sun, 15 Dec 2024CHF 10.3bCHF 7.2bCHF 786.5m8.9x13.1x1.4x
Tue, 12 Nov 2024CHF 10.1bCHF 7.2bCHF 786.6m9x12.8x1.4x
Thu, 10 Oct 2024CHF 10.6bCHF 7.2bCHF 787.0m10x13.4x1.5x
Sat, 07 Sep 2024CHF 10.9bCHF 7.2bCHF 844.8m8.9x12.9x1.5x
Mon, 05 Aug 2024CHF 11.1bCHF 7.2bCHF 822.3m9x13.4x1.5x
Wed, 03 Jul 2024CHF 10.5bCHF 7.4bCHF 817.7m9.5x12.9x1.4x
Fri, 31 May 2024CHF 10.3bCHF 7.4bCHF 818.6m9.6x12.6x1.4x
Sun, 28 Apr 2024CHF 9.9bCHF 7.3bCHF 839.3m9x11.8x1.4x
Tue, 26 Mar 2024CHF 10.0bCHF 7.3bCHF 821.9m13.7x12.1x1.4x
Thu, 22 Feb 2024CHF 9.6bCHF 7.8bCHF 1.1b12x8.5x1.2x
Sat, 20 Jan 2024CHF 10.4bCHF 7.8bCHF 1.1b13.1x9.2x1.3x
Mon, 18 Dec 2023CHF 11.2bCHF 7.8bCHF 1.1b13.6x9.8x1.4x
Wed, 15 Nov 2023CHF 11.1bCHF 7.8bCHF 1.1b13.5x9.7x1.4x
Fri, 13 Oct 2023CHF 11.2bCHF 7.8bCHF 1.1b13.7x9.9x1.4x
Sun, 10 Sep 2023CHF 11.7bCHF 7.8bCHF 1.1b14.3x10.3x1.5x
Tue, 08 Aug 2023CHF 11.1bCHF 7.4bCHF 703.0m14.8x15.8x1.5x
Thu, 06 Jul 2023CHF 10.9bCHF 7.4bCHF 704.4m14.1x15.4x1.5x
Sat, 03 Jun 2023CHF 11.4bCHF 7.4bCHF 704.2m15.4x16.3x1.6x
Mon, 01 May 2023CHF 11.0bCHF 7.4bCHF 705.3m14.9x15.6x1.5x
Wed, 29 Mar 2023CHF 10.2bCHF 7.3bCHF 600.0m14.7x17x1.4x
Price to Earnings Ratio

17x


Total Market Cap: CHF 10.2bTotal Earnings: CHF 600.0mTotal Revenue: CHF 7.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Utilities Sector Price to Earnings3Y Average 13.7x202420252026
Current Industry PE
  • Investors are optimistic on the Swiss Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of 13.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 4.2% per year over the last three years,
  • Revenues have also declined 3.5% 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 Utilities sector?

CH Market-3.73%
Utilities0.30%
Renewable Energy1.43%
Electric Utilities0.29%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 19.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.8x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings grow by 11% 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
BKW BKWCHF 151.100.4%
+CHF 31.7m		0.4%PE22.3x
REHN Romande Energie HoldingCHF 48.701.5%
+CHF 18.0m		12.5%PS1.6x
ESUN Edisun Power EuropeCHF 71.001.4%
+CHF 1.1m		50.4%PE72.1x

Latest News

REHN
CHF 48.70
Romande Energie Holding
7D
1.5%
1Y
12.5%

REHN: Steady Margins And P/E Assumptions Will Continue To Support Fair Value

Analysts have kept their CHF price target for Romande Energie Holding steady at CHF 48.43. This reflects unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, and signals that recent information has not shifted their overall view of the shares.
ESUN
CHF 71.00
Edisun Power Europe
7D
1.4%
1Y
50.4%
BKW
CHF 151.10
BKW
7D
0.4%
1Y
0.4%
NEAG
CHF 31.90
naturenergie holding
7D
-1.8%
1Y
-5.6%