Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Swiss (SMI) Market Analysis & Valuation

UpdatedMay 04, 2025
DataAggregated Company Financials
Companies211
  • 7D2.9%
  • 3M-2.2%
  • 1Y6.9%
  • YTD4.5%

Over the last 7 days, the market has risen 2.9%, driven by gains in every sector, especially the Healthcare sector. The market is up 6.9% over the last 12 months. 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
Sun, 04 May 2025CHF 1.8tCHF 837.1bCHF 158.2b19.6x11.5x2.2x
Tue, 01 Apr 2025CHF 1.8tCHF 851.0bCHF 159.0b19.7x11.6x2.2x
Thu, 27 Feb 2025CHF 1.9tCHF 810.9bCHF 117.0b21.4x16.4x2.4x
Sat, 25 Jan 2025CHF 1.8tCHF 817.5bCHF 117.7b21.4x15.6x2.2x
Mon, 23 Dec 2024CHF 1.7tCHF 812.8bCHF 117.3b20.6x14.6x2.1x
Wed, 20 Nov 2024CHF 1.7tCHF 809.9bCHF 117.0b19.6x14.7x2.1x
Fri, 18 Oct 2024CHF 1.8tCHF 806.4bCHF 114.4b21.3x16x2.3x
Sun, 15 Sep 2024CHF 1.8tCHF 802.4bCHF 113.9b21x15.8x2.2x
Tue, 13 Aug 2024CHF 1.8tCHF 802.6bCHF 136.5b21.1x13.1x2.2x
Thu, 11 Jul 2024CHF 1.8tCHF 802.6bCHF 125.8b21.3x14.5x2.3x
Sat, 08 Jun 2024CHF 1.8tCHF 801.1bCHF 125.6b22x14.6x2.3x
Mon, 06 May 2024CHF 1.7tCHF 797.8bCHF 125.2b21.3x13.7x2.1x
Wed, 03 Apr 2024CHF 1.8tCHF 768.3bCHF 97.2b21.7x18.1x2.3x
Fri, 01 Mar 2024CHF 1.7tCHF 790.1bCHF 111.4b19.9x15.4x2.2x
Sun, 28 Jan 2024CHF 1.7tCHF 765.2bCHF 109.7b17.9x15.6x2.2x
Tue, 26 Dec 2023CHF 1.7tCHF 763.3bCHF 109.8b18.4x15.3x2.2x
Thu, 23 Nov 2023CHF 1.6tCHF 772.2bCHF 111.5b17.8x14.7x2.1x
Sat, 21 Oct 2023CHF 1.6tCHF 759.1bCHF 100.3b17.6x15.6x2.1x
Mon, 18 Sep 2023CHF 1.7tCHF 751.5bCHF 99.5b18.7x16.9x2.2x
Wed, 16 Aug 2023CHF 1.7tCHF 745.9bCHF 75.2b18.3x22.1x2.2x
Fri, 14 Jul 2023CHF 1.7tCHF 748.2bCHF 76.0b19.3x22.4x2.3x
Sun, 11 Jun 2023CHF 1.7tCHF 787.1bCHF 82.6b19.3x20.9x2.2x
Tue, 09 May 2023CHF 1.8tCHF 785.4bCHF 81.4b19.3x21.9x2.3x
Thu, 06 Apr 2023CHF 1.7tCHF 778.1bCHF 69.1b19.4x25.1x2.2x
Sat, 04 Mar 2023CHF 1.7tCHF 783.8bCHF 70.1b19.4x24.7x2.2x
Mon, 30 Jan 2023CHF 1.8tCHF 786.8bCHF 94.3b17.9x18.8x2.3x
Wed, 28 Dec 2022CHF 1.7tCHF 786.3bCHF 93.9b17.5x17.8x2.1x
Fri, 25 Nov 2022CHF 1.7tCHF 790.7bCHF 94.6b17.7x18.3x2.2x
Sun, 23 Oct 2022CHF 1.6tCHF 802.7bCHF 103.4b17x15.7x2x
Tue, 20 Sep 2022CHF 1.7tCHF 791.4bCHF 102.2b17.8x16.2x2.1x
Thu, 18 Aug 2022CHF 1.8tCHF 790.8bCHF 102.2b17.6x17.2x2.2x
Sat, 16 Jul 2022CHF 1.7tCHF 797.5bCHF 106.2b17.2x16.2x2.2x
Mon, 13 Jun 2022CHF 1.7tCHF 811.2bCHF 106.8b17.9x16.3x2.1x
Wed, 11 May 2022CHF 1.8tCHF 809.3bCHF 107.5b17.7x16.8x2.2x
Price to Earnings Ratio

16.8x


Total Market Cap: CHF 1.8tTotal Earnings: CHF 107.5bTotal Revenue: CHF 809.3bTotal 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 11.5x which is lower than its 3-year average PE of 17.1x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 14% 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 Market2.88%
Industrials4.13%
Healthcare3.40%
Tech2.87%
Materials2.66%
Financials2.61%
Real Estate2.55%
Utilities2.33%
Consumer Staples2.24%
Telecom1.75%
Consumer Discretionary0.36%
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 (13.3%) 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 26% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.3% 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
NOVN NovartisCHF 94.211.8%
+CHF 9.0b		7.1%PE17.4xHealthcare
ROG Roche HoldingCHF 272.404.0%
+CHF 8.4b		25.4%PE26.2xHealthcare
NESN NestléCHF 87.602.2%
+CHF 4.8b		-4.5%PE20.7xConsumer Staples
ABBN ABBCHF 45.194.5%
+CHF 3.6b		0.4%PE24.2xIndustrials
ZURN Zurich Insurance GroupCHF 586.003.0%
+CHF 2.4b		33.5%PE17.4xFinancials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

📈 Investing In Innovation to Beat Stagflation

Richard Bowman avatar
Richard Bowman
|
|

5 comments

The level of uncertainty has been off the charts lately. That’s why we’ve been talking about defensive strategies over the last few weeks. Playing defense is one way to take on an uncertain future...
Continue reading
🏛️ How Fiscal Dominance Impacts Your Portfolio
Last Week

🏛️ How Fiscal Dominance Impacts Your Portfolio

Latest News

SCHN

CHF 285.00

Schindler Holding

7D

6.3%

1Y

26.7%

Earnings Beat: Schindler Holding AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 03
Earnings Beat: Schindler Holding AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

BARN

CHF 748.50

Barry Callebaut

7D

-2.2%

1Y

-50.9%

Here's What To Make Of Barry Callebaut's (VTX:BARN) Decelerating Rates Of Return

May 03
Here's What To Make Of Barry Callebaut's (VTX:BARN) Decelerating Rates Of Return

NOVN

CHF 94.21

Novartis

7D

1.8%

1Y

7.1%

Earnings Beat: Novartis AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 02
Earnings Beat: Novartis AG Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

ARBN

CHF 6.22

Arbonia

7D

-45.7%

1Y

-49.3%

UBSG

CHF 25.29

UBS Group

7D

2.0%

1Y

2.8%

ABBN

CHF 45.19

ABB

7D

4.5%

1Y

0.4%

NEAG

CHF 31.90

naturenergie holding

7D

-2.7%

1Y

-13.8%

naturenergie holding AG's (VTX:NEAG) Earnings Are Not Doing Enough For Some Investors

Apr 29
naturenergie holding AG's (VTX:NEAG) Earnings Are Not Doing Enough For Some Investors

XLS

CHF 19.50

Xlife Sciences

7D

-21.4%

1Y

-41.8%

LONN

CHF 599.80

Lonza Group

7D

4.5%

1Y

15.4%

Is It Too Late To Consider Buying Lonza Group AG (VTX:LONN)?

Apr 25
Is It Too Late To Consider Buying Lonza Group AG (VTX:LONN)?

ALLN

CHF 182.00

Allreal Holding

7D

-1.1%

1Y

20.8%

NESN

CHF 87.60

Nestlé

7D

2.2%

1Y

-4.5%

Nestlé's (VTX:NESN) Upcoming Dividend Will Be Larger Than Last Year's

Apr 21
Nestlé's (VTX:NESN) Upcoming Dividend Will Be Larger Than Last Year's

APGN

CHF 226.00

APG|SGA

7D

-3.4%

1Y

10.2%

CMBN

CHF 100.10

Cembra Money Bank

7D

-0.7%

1Y

41.5%

UHR

CHF 142.15

Swatch Group

7D

-0.4%

1Y

-27.5%

Swatch Group (VTX:UHR) Will Pay A Smaller Dividend Than Last Year

Apr 16
Swatch Group (VTX:UHR) Will Pay A Smaller Dividend Than Last Year

ROG

CHF 272.40

Roche Holding

7D

4.0%

1Y

25.4%

ZURN

CHF 586.00

Zurich Insurance Group

7D

3.0%

1Y

33.5%