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Swiss (SMI) Market Analysis & Valuation

UpdatedApr 24, 2025
DataAggregated Company Financials
Companies211
  • 7D1.7%
  • 3M-4.9%
  • 1Y1.9%
  • YTD0.1%

The market has climbed 1.7% over the last week, with theHealthcare and Real Estate sectors leading the way. The market has been flat overall in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Trending IndustriesBiotech

Market Valuation and Performance

Has the Swiss Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025CHF 1.7tCHF 836.9bCHF 157.3b18.6x11x2.1x
Sat, 22 Mar 2025CHF 1.9tCHF 850.4bCHF 158.7b20x12.1x2.3x
Mon, 17 Feb 2025CHF 1.9tCHF 820.3bCHF 116.1b21.9x16.4x2.3x
Wed, 15 Jan 2025CHF 1.8tCHF 819.4bCHF 117.9b20.7x14.9x2.1x
Fri, 13 Dec 2024CHF 1.8tCHF 811.5bCHF 117.1b20.6x14.9x2.2x
Sun, 10 Nov 2024CHF 1.8tCHF 812.8bCHF 117.3b20.1x15x2.2x
Tue, 08 Oct 2024CHF 1.8tCHF 802.9bCHF 114.0b21.2x15.8x2.2x
Thu, 05 Sep 2024CHF 1.8tCHF 801.1bCHF 113.8b21.3x16x2.3x
Sat, 03 Aug 2024CHF 1.8tCHF 799.0bCHF 135.8b21.7x13.1x2.2x
Mon, 01 Jul 2024CHF 1.8tCHF 801.2bCHF 126.0b21.1x14.3x2.2x
Wed, 29 May 2024CHF 1.8tCHF 807.6bCHF 126.5b21.9x14.2x2.2x
Fri, 26 Apr 2024CHF 1.7tCHF 770.9bCHF 97.2b21.3x17.6x2.2x
Sun, 24 Mar 2024CHF 1.8tCHF 765.7bCHF 98.1b21.2x18.1x2.3x
Tue, 20 Feb 2024CHF 1.7tCHF 769.4bCHF 109.7b19.7x15.8x2.2x
Thu, 18 Jan 2024CHF 1.7tCHF 765.3bCHF 110.2b17.9x15.2x2.2x
Sat, 16 Dec 2023CHF 1.7tCHF 767.5bCHF 110.6b18.7x15.3x2.2x
Mon, 13 Nov 2023CHF 1.6tCHF 776.5bCHF 112.2b17.5x14.2x2.1x
Wed, 11 Oct 2023CHF 1.6tCHF 762.8bCHF 100.5b18.3x16.4x2.2x
Fri, 08 Sep 2023CHF 1.7tCHF 749.5bCHF 99.3b18.6x16.8x2.2x
Sun, 06 Aug 2023CHF 1.7tCHF 742.1bCHF 75.3b18.5x22.4x2.3x
Tue, 04 Jul 2023CHF 1.7tCHF 757.5bCHF 76.9b19.4x22.3x2.3x
Thu, 01 Jun 2023CHF 1.7tCHF 789.2bCHF 82.9b18.6x20.8x2.2x
Sat, 29 Apr 2023CHF 1.8tCHF 785.4bCHF 80.8b19.2x21.8x2.2x
Mon, 27 Mar 2023CHF 1.7tCHF 781.8bCHF 69.4b19.2x24x2.1x
Wed, 22 Feb 2023CHF 1.7tCHF 780.6bCHF 70.5b18.6x24.7x2.2x
Fri, 20 Jan 2023CHF 1.7tCHF 783.4bCHF 93.4b17.6x18.7x2.2x
Sun, 18 Dec 2022CHF 1.7tCHF 789.2bCHF 94.3b17.2x17.8x2.1x
Tue, 15 Nov 2022CHF 1.7tCHF 788.2bCHF 94.5b17.5x18.2x2.2x
Thu, 13 Oct 2022CHF 1.6tCHF 799.9bCHF 103.5b16.7x15.4x2x
Sat, 10 Sep 2022CHF 1.7tCHF 791.6bCHF 102.1b18x16.7x2.2x
Mon, 08 Aug 2022CHF 1.8tCHF 813.1bCHF 102.5b17.6x17.2x2.2x
Wed, 06 Jul 2022CHF 1.7tCHF 803.0bCHF 105.8b16.7x15.9x2.1x
Fri, 03 Jun 2022CHF 1.8tCHF 804.2bCHF 105.7b17.9x17x2.2x
Sun, 01 May 2022CHF 1.9tCHF 824.9bCHF 132.0b17.8x14.5x2.3x
Price to Earnings Ratio

14.5x


Total Market Cap: CHF 1.9tTotal Earnings: CHF 132.0bTotal Revenue: CHF 824.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.1x202320242025
Current Market PE
  • Investors are pessimistic on the Swiss market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 11.0x which is lower than its 3-year average PE of 17.1x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 6.0% per year over the last three years, while revenues have remained steady.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market1.67%
Consumer Discretionary6.00%
Financials2.49%
Tech1.92%
Healthcare1.61%
Telecom1.02%
Materials0.88%
Industrials0.80%
Real Estate0.69%
Consumer Staples0.60%
Utilities-0.24%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts expect its future annual earnings growth (13.6%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ROG Roche HoldingCHF 262.302.6%
+CHF 5.3b		19.9%PE25.2xHealthcare
CFR Compagnie Financière RichemontCHF 145.256.1%
+CHF 4.9b		13.7%PE26.9xConsumer Discretionary
GALD Galderma GroupCHF 90.0014.6%
+CHF 2.7b		33.7%PE112xHealthcare
NOVN NovartisCHF 92.001.5%
+CHF 2.6b		2.2%PE17.7xHealthcare
LONN Lonza GroupCHF 567.005.2%
+CHF 2.0b		10.4%PE63xHealthcare
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