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Swiss (SMI) Market Analysis & Valuation

UpdatedApr 22, 2025
DataAggregated Company Financials
Companies211
  • 7D1.3%
  • 3M-5.0%
  • 1Y0.9%
  • YTD-1.1%

The market is up 1.3% over the last week, with the Healthcare sector leading the way, up 1.6%. 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
Tue, 22 Apr 2025CHF 1.7tCHF 832.4bCHF 156.8b18.6x10.9x2.1x
Thu, 20 Mar 2025CHF 1.9tCHF 849.3bCHF 158.6b20x12.1x2.3x
Sat, 15 Feb 2025CHF 1.9tCHF 820.2bCHF 116.4b22.2x16.4x2.3x
Mon, 13 Jan 2025CHF 1.8tCHF 820.2bCHF 118.0b20.8x15x2.2x
Wed, 11 Dec 2024CHF 1.7tCHF 809.4bCHF 117.0b20.7x14.9x2.2x
Fri, 08 Nov 2024CHF 1.8tCHF 812.1bCHF 117.5b20.2x15.1x2.2x
Sun, 06 Oct 2024CHF 1.8tCHF 804.5bCHF 114.1b21.3x15.8x2.2x
Tue, 03 Sep 2024CHF 1.9tCHF 801.8bCHF 113.8b21.8x16.3x2.3x
Thu, 01 Aug 2024CHF 1.8tCHF 793.4bCHF 125.6b21.9x14.7x2.3x
Sat, 29 Jun 2024CHF 1.8tCHF 801.3bCHF 125.7b21.1x14.3x2.2x
Mon, 27 May 2024CHF 1.8tCHF 808.4bCHF 126.7b21.7x14.2x2.2x
Wed, 24 Apr 2024CHF 1.7tCHF 770.5bCHF 97.2b21.5x17.9x2.3x
Fri, 22 Mar 2024CHF 1.8tCHF 766.7bCHF 98.2b21.3x18.1x2.3x
Sun, 18 Feb 2024CHF 1.7tCHF 769.0bCHF 109.6b19.6x15.7x2.2x
Tue, 16 Jan 2024CHF 1.7tCHF 762.8bCHF 109.7b18.2x15.3x2.2x
Thu, 14 Dec 2023CHF 1.7tCHF 768.6bCHF 110.8b18.6x15.2x2.2x
Sat, 11 Nov 2023CHF 1.6tCHF 776.2bCHF 112.2b17.5x14.2x2.1x
Mon, 09 Oct 2023CHF 1.6tCHF 764.2bCHF 100.7b18.1x16.2x2.1x
Wed, 06 Sep 2023CHF 1.7tCHF 748.3bCHF 98.9b18.8x16.8x2.2x
Fri, 04 Aug 2023CHF 1.7tCHF 741.8bCHF 76.3b18.3x22x2.3x
Sun, 02 Jul 2023CHF 1.7tCHF 757.2bCHF 76.9b19.5x22.4x2.3x
Tue, 30 May 2023CHF 1.8tCHF 787.2bCHF 82.7b19.1x21.2x2.2x
Thu, 27 Apr 2023CHF 1.8tCHF 788.7bCHF 81.1b19.6x21.6x2.2x
Sat, 25 Mar 2023CHF 1.7tCHF 781.2bCHF 69.4b19.2x24.1x2.1x
Mon, 20 Feb 2023CHF 1.7tCHF 780.0bCHF 69.9b18.7x24.9x2.2x
Wed, 18 Jan 2023CHF 1.8tCHF 785.1bCHF 93.7b17.8x18.9x2.3x
Fri, 16 Dec 2022CHF 1.7tCHF 787.8bCHF 94.0b17.4x18x2.1x
Sun, 13 Nov 2022CHF 1.7tCHF 788.6bCHF 94.5b17.9x18.4x2.2x
Tue, 11 Oct 2022CHF 1.6tCHF 800.4bCHF 103.5b17x15.5x2x
Thu, 08 Sep 2022CHF 1.7tCHF 796.8bCHF 103.4b17.9x16.4x2.1x
Sat, 06 Aug 2022CHF 1.8tCHF 813.1bCHF 102.6b17.6x17.1x2.2x
Mon, 04 Jul 2022CHF 1.7tCHF 802.0bCHF 105.6b16.9x16x2.1x
Wed, 01 Jun 2022CHF 1.8tCHF 802.6bCHF 105.4b17.9x17.3x2.3x
Fri, 29 Apr 2022CHF 1.9tCHF 824.0bCHF 132.1b17.7x14.4x2.3x
Price to Earnings Ratio

14.4x


Total Market Cap: CHF 1.9tTotal Earnings: CHF 132.1bTotal Revenue: CHF 824.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.2x202320242025
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 10.9x which is lower than its 3-year average PE of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 5.9% 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 Market1.30%
Telecom2.35%
Consumer Staples2.10%
Utilities1.98%
Real Estate1.74%
Healthcare1.57%
Financials1.16%
Industrials1.02%
Materials0.46%
Consumer Discretionary-0.074%
Tech-0.71%
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
NESN NestléCHF 87.981.9%
+CHF 4.1b		-6.7%PE20.8xConsumer Staples
ZURN Zurich Insurance GroupCHF 559.801.1%
+CHF 882.2m		23.4%PE16.9xFinancials
NOVN NovartisCHF 90.630.5%
+CHF 816.0m		1.9%PE17.8xHealthcare
ABBN ABBCHF 42.201.0%
+CHF 788.1m		-5.1%PE23.1xIndustrials
CFR Compagnie Financière RichemontCHF 136.900.8%
+CHF 649.4m		5.8%PE25.6xConsumer Discretionary
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