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Swiss (SMI) Market Analysis & Valuation

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies210
  • 7D-2.3%
  • 3M-4.2%
  • 1Y0.7%
  • YTD1.5%

Over the last 7 days, the market has dropped 2.3%, driven by declines in every sector, especially the Healthcare sector. Overall the market has been flat in the last year. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024CHF 1.7tCHF 812.7bCHF 117.3b20.6x14.6x2.1x
Mon, 18 Nov 2024CHF 1.7tCHF 811.6bCHF 117.2b19.8x14.8x2.1x
Wed, 16 Oct 2024CHF 1.8tCHF 805.2bCHF 114.2b21.1x16x2.3x
Fri, 13 Sep 2024CHF 1.8tCHF 803.3bCHF 114.0b20.9x15.7x2.2x
Sun, 11 Aug 2024CHF 1.8tCHF 802.5bCHF 136.5b20.9x13.1x2.2x
Tue, 09 Jul 2024CHF 1.8tCHF 801.6bCHF 126.0b21.4x14.4x2.3x
Thu, 06 Jun 2024CHF 1.8tCHF 800.5bCHF 125.5b22.1x14.5x2.3x
Sat, 04 May 2024CHF 1.7tCHF 797.7bCHF 125.2b21.4x13.7x2.1x
Mon, 01 Apr 2024CHF 1.8tCHF 766.5bCHF 96.9b21.9x18.4x2.3x
Wed, 28 Feb 2024CHF 1.7tCHF 789.2bCHF 110.7b19.9x15.6x2.2x
Fri, 26 Jan 2024CHF 1.7tCHF 765.8bCHF 110.4b17.7x15.2x2.2x
Sun, 24 Dec 2023CHF 1.7tCHF 763.3bCHF 109.8b18.4x15.3x2.2x
Tue, 21 Nov 2023CHF 1.6tCHF 772.3bCHF 111.4b18x14.6x2.1x
Thu, 19 Oct 2023CHF 1.6tCHF 760.9bCHF 100.6b17.9x15.9x2.1x
Sat, 16 Sep 2023CHF 1.7tCHF 750.8bCHF 99.4b18.8x16.8x2.2x
Mon, 14 Aug 2023CHF 1.7tCHF 745.8bCHF 75.2b18.2x22.3x2.3x
Wed, 12 Jul 2023CHF 1.7tCHF 753.3bCHF 76.5b18.8x22x2.2x
Fri, 09 Jun 2023CHF 1.7tCHF 786.4bCHF 82.5b19x21x2.2x
Sun, 07 May 2023CHF 1.8tCHF 785.8bCHF 81.4b19.4x21.9x2.3x
Tue, 04 Apr 2023CHF 1.7tCHF 780.4bCHF 69.3b19.4x25x2.2x
Thu, 02 Mar 2023CHF 1.7tCHF 785.3bCHF 71.0b19.4x24.1x2.2x
Sat, 28 Jan 2023CHF 1.8tCHF 787.0bCHF 94.4b17.9x18.8x2.3x
Mon, 26 Dec 2022CHF 1.7tCHF 787.4bCHF 94.1b17.5x17.7x2.1x
Wed, 23 Nov 2022CHF 1.7tCHF 792.9bCHF 95.5b17.7x18x2.2x
Fri, 21 Oct 2022CHF 1.6tCHF 801.7bCHF 103.7b16.8x15.7x2x
Sun, 18 Sep 2022CHF 1.7tCHF 790.8bCHF 102.2b17.8x16.2x2.1x
Tue, 16 Aug 2022CHF 1.8tCHF 809.2bCHF 101.8b17.6x17.4x2.2x
Thu, 14 Jul 2022CHF 1.7tCHF 804.8bCHF 106.2b17x16.2x2.1x
Sat, 11 Jun 2022CHF 1.7tCHF 811.2bCHF 106.8b17.9x16.3x2.1x
Mon, 09 May 2022CHF 1.8tCHF 805.8bCHF 106.4b18x17.3x2.3x
Wed, 06 Apr 2022CHF 2.0tCHF 809.0bCHF 129.7b18.7x15.1x2.4x
Fri, 04 Mar 2022CHF 2.0tCHF 823.8bCHF 146.1b18x13.4x2.4x
Sun, 30 Jan 2022CHF 1.9tCHF 818.5bCHF 126.9b19.8x15.2x2.4x
Tue, 28 Dec 2021CHF 2.1tCHF 814.4bCHF 126.3b20.7x16.4x2.5x
Price to Earnings Ratio

16.4x


Total Market Cap: CHF 2.1tTotal Earnings: CHF 126.3bTotal Revenue: CHF 814.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.2x202220232024
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 14.6x which is lower than its 3-year average PE of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have declined 2.4% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market-2.31%
Real Estate0.39%
Energy0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-1.05%
Consumer Discretionary-1.16%
Healthcare-1.28%
Consumer Staples-1.75%
Utilities-2.62%
Tech-3.03%
Industrials-3.20%
Financials-3.45%
Materials-4.14%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 30.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 11.2% which is higher than its past year's earnings decline of 2.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings decline of 0.3% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 2.1% 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
GALD Galderma GroupCHF 97.007.5%
+CHF 1.6b		n/aPS6xHealthcare
ALC AlconCHF 76.021.1%
+CHF 395.7m		15.0%PE36.3xHealthcare
EFGN EFG InternationalCHF 12.725.3%
+CHF 193.6m		19.3%PE12.8xFinancials
ULTIMA Ultima CapitalCHF 88.0025.7%
+CHF 106.4m		-5.4%PS32.9xReal Estate
DKSH DKSH HoldingCHF 67.002.4%
+CHF 103.9m		16.5%PE22.9xIndustrials
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7 Investing Lessons From 2024

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This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

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