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Swiss (SMI) Market Analysis & Valuation

UpdatedMar 14, 2025
DataAggregated Company Financials
Companies212
  • 7D-1.6%
  • 3M8.0%
  • 1Y7.0%
  • YTD8.2%

Over the last 7 days, the market has dropped 1.6%, driven by a loss of 2.4% in the Healthcare sector. In contrast to the last week, the market is actually up 7.0% over the past year. Earnings are forecast to grow by 11% annually.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025CHF 1.9tCHF 850.6bCHF 158.5b19.8x11.9x2.2x
Sun, 09 Feb 2025CHF 1.9tCHF 822.9bCHF 116.7b21.9x16x2.3x
Tue, 07 Jan 2025CHF 1.8tCHF 816.7bCHF 117.7b21x14.9x2.1x
Thu, 05 Dec 2024CHF 1.8tCHF 809.9bCHF 117.0b20.8x15x2.2x
Sat, 02 Nov 2024CHF 1.8tCHF 810.7bCHF 117.9b20.5x15.1x2.2x
Mon, 30 Sep 2024CHF 1.8tCHF 795.9bCHF 114.6b22x16x2.3x
Wed, 28 Aug 2024CHF 1.8tCHF 798.9bCHF 113.5b22.1x16.1x2.3x
Fri, 26 Jul 2024CHF 1.8tCHF 796.2bCHF 125.5b21.2x14.4x2.3x
Sun, 23 Jun 2024CHF 1.8tCHF 799.8bCHF 125.5b21.7x14.4x2.3x
Tue, 21 May 2024CHF 1.8tCHF 802.7bCHF 126.5b21.9x14.3x2.3x
Thu, 18 Apr 2024CHF 1.7tCHF 767.4bCHF 96.9b21x17.7x2.2x
Sat, 16 Mar 2024CHF 1.8tCHF 766.8bCHF 98.0b20.8x17.9x2.3x
Mon, 12 Feb 2024CHF 1.7tCHF 766.6bCHF 109.2b19.3x15.4x2.2x
Wed, 10 Jan 2024CHF 1.7tCHF 761.3bCHF 109.5b18.3x15.4x2.2x
Fri, 08 Dec 2023CHF 1.6tCHF 768.5bCHF 110.8b18.3x14.9x2.1x
Sun, 05 Nov 2023CHF 1.6tCHF 771.2bCHF 112.8b17.8x14.1x2.1x
Tue, 03 Oct 2023CHF 1.6tCHF 751.1bCHF 100.0b18.3x16.4x2.2x
Thu, 31 Aug 2023CHF 1.7tCHF 746.0bCHF 74.7b19.1x22.4x2.2x
Sat, 29 Jul 2023CHF 1.7tCHF 740.8bCHF 77.2b18.3x22.2x2.3x
Mon, 26 Jun 2023CHF 1.7tCHF 757.7bCHF 77.0b18.9x22.3x2.3x
Wed, 24 May 2023CHF 1.8tCHF 786.5bCHF 82.6b19.1x21.3x2.2x
Fri, 21 Apr 2023CHF 1.8tCHF 774.9bCHF 69.1b19.6x25.7x2.3x
Sun, 19 Mar 2023CHF 1.6tCHF 780.3bCHF 67.9b20.4x24.2x2.1x
Tue, 14 Feb 2023CHF 1.7tCHF 782.4bCHF 77.7b18.3x22.4x2.2x
Thu, 12 Jan 2023CHF 1.7tCHF 787.2bCHF 94.0b18x18.5x2.2x
Sat, 10 Dec 2022CHF 1.7tCHF 788.2bCHF 94.1b17.6x18.2x2.2x
Mon, 07 Nov 2022CHF 1.7tCHF 801.0bCHF 96.7b16.8x17.3x2.1x
Wed, 05 Oct 2022CHF 1.7tCHF 796.0bCHF 102.7b17.4x16.1x2.1x
Fri, 02 Sep 2022CHF 1.7tCHF 797.0bCHF 103.3b17.5x16.2x2.1x
Sun, 31 Jul 2022CHF 1.8tCHF 808.4bCHF 102.3b17.5x17.2x2.2x
Tue, 28 Jun 2022CHF 1.7tCHF 801.0bCHF 105.3b17.2x16.3x2.1x
Thu, 26 May 2022CHF 1.8tCHF 803.6bCHF 105.5b17.9x17x2.2x
Sat, 23 Apr 2022CHF 1.9tCHF 819.4bCHF 131.2b18.2x14.7x2.4x
Mon, 21 Mar 2022CHF 1.9tCHF 809.5bCHF 129.6b18.6x15x2.4x
Price to Earnings Ratio

15x


Total Market Cap: CHF 1.9tTotal Earnings: CHF 129.6bTotal Revenue: CHF 809.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.3x202320242025
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 11.9x which is lower than its 3-year average PE of 17.3x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 6.9% 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 Market-1.63%
Telecom3.33%
Real Estate1.92%
Consumer Staples1.20%
Industrials-1.31%
Financials-1.35%
Materials-1.93%
Healthcare-2.44%
Utilities-2.52%
Tech-4.66%
Consumer Discretionary-6.13%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 15.1%, which is lower than the prior year's growth of 45.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 20% 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 3.1% 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
NESN NestléCHF 89.241.6%
+CHF 3.6b		-6.1%PE21.1xConsumer Staples
ZURN Zurich Insurance GroupCHF 602.001.7%
+CHF 1.4b		23.7%PE16.7xFinancials
GIVN GivaudanCHF 4.05k3.6%
+CHF 1.3b		1.9%PE34.3xMaterials
SCMN SwisscomCHF 531.503.9%
+CHF 1.0b		5.5%PE17.9xTelecom
SREN Swiss ReCHF 146.651.3%
+CHF 544.1m		29.6%PE15.1xFinancials
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Market Insights

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🫧 Bubble Concerns, Sector Rotation, and Tariff Tactics

Richard Bowman avatar
Richard Bowman
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5 comments

The market’s latest pullback is getting pinned on the escalating trade war. Tariffs are dominating the headlines, right alongside sinking GDP forecasts. But beneath the surface, there’s a growing unease about valuations and earnings. So this week, we’re diving into that side of the story, how valuations and earnings fit into the bigger picture of tariffs, growth, inflation, and interest rates. Sure, we’re mostly talking about the U.S. market here, but trust us, this matters everywhere.
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