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Swiss (SMI) Market Analysis & Valuation

UpdatedFeb 03, 2025
DataAggregated Company Financials
Companies211
  • 7D1.1%
  • 3M5.9%
  • 1Y9.8%
  • YTD7.6%

The market has climbed 1.1% in the last 7 days, lead by the Healthcare sector with a gain of 2.3%. The market is up 9.8% over the last 12 months. Looking forward, earnings are forecast to grow by 12% annually.

Trending IndustriesBiotech

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Feb 2025CHF 1.9tCHF 822.2bCHF 115.5b22.2x16.2x2.3x
Wed, 01 Jan 2025CHF 1.7tCHF 817.5bCHF 117.7b21x14.8x2.1x
Fri, 29 Nov 2024CHF 1.7tCHF 810.0bCHF 117.0b20.2x14.9x2.2x
Sun, 27 Oct 2024CHF 1.8tCHF 807.3bCHF 114.4b21.3x15.9x2.3x
Tue, 24 Sep 2024CHF 1.8tCHF 802.8bCHF 114.0b21x15.7x2.2x
Thu, 22 Aug 2024CHF 1.8tCHF 800.4bCHF 113.7b21.8x16.1x2.3x
Sat, 20 Jul 2024CHF 1.8tCHF 798.9bCHF 125.9b21.2x14.5x2.3x
Mon, 17 Jun 2024CHF 1.8tCHF 798.3bCHF 125.3b21.3x14.4x2.3x
Wed, 15 May 2024CHF 1.8tCHF 802.2bCHF 126.1b21.7x14.1x2.2x
Fri, 12 Apr 2024CHF 1.7tCHF 769.4bCHF 97.2b21.9x18x2.3x
Sun, 10 Mar 2024CHF 1.7tCHF 775.5bCHF 99.1b20.3x17.6x2.3x
Tue, 06 Feb 2024CHF 1.7tCHF 758.4bCHF 109.6b18.7x15.4x2.2x
Thu, 04 Jan 2024CHF 1.7tCHF 761.4bCHF 109.5b18.2x15.3x2.2x
Sat, 02 Dec 2023CHF 1.6tCHF 767.4bCHF 110.5b18.6x14.8x2.1x
Mon, 30 Oct 2023CHF 1.6tCHF 759.0bCHF 100.9b17.8x15.4x2x
Wed, 27 Sep 2023CHF 1.6tCHF 756.2bCHF 100.4b18.1x16.4x2.2x
Fri, 25 Aug 2023CHF 1.7tCHF 746.4bCHF 75.1b18.1x22.1x2.2x
Sun, 23 Jul 2023CHF 1.7tCHF 752.5bCHF 77.4b18.6x22.1x2.3x
Tue, 20 Jun 2023CHF 1.7tCHF 757.6bCHF 77.0b19x22.5x2.3x
Thu, 18 May 2023CHF 1.8tCHF 786.0bCHF 82.6b19.3x21.3x2.2x
Sat, 15 Apr 2023CHF 1.8tCHF 776.7bCHF 69.0b19.4x25.6x2.3x
Mon, 13 Mar 2023CHF 1.7tCHF 781.6bCHF 69.1b20x24.2x2.1x
Wed, 08 Feb 2023CHF 1.8tCHF 785.7bCHF 79.5b18.6x22.3x2.3x
Fri, 06 Jan 2023CHF 1.7tCHF 787.7bCHF 94.2b17.8x18.2x2.2x
Sun, 04 Dec 2022CHF 1.8tCHF 790.0bCHF 94.4b17.8x19.3x2.3x
Tue, 01 Nov 2022CHF 1.7tCHF 800.9bCHF 97.3b17x17.2x2.1x
Thu, 29 Sep 2022CHF 1.6tCHF 793.8bCHF 102.7b17.1x15.5x2x
Sat, 27 Aug 2022CHF 1.7tCHF 794.0bCHF 102.7b17.4x16.8x2.2x
Mon, 25 Jul 2022CHF 1.8tCHF 802.8bCHF 104.5b17.5x16.8x2.2x
Wed, 22 Jun 2022CHF 1.6tCHF 803.5bCHF 105.7b16.8x15.6x2.1x
Fri, 20 May 2022CHF 1.8tCHF 803.1bCHF 106.6b17.8x16.6x2.2x
Sun, 17 Apr 2022CHF 2.0tCHF 813.9bCHF 130.4b18.2x15x2.4x
Tue, 15 Mar 2022CHF 1.9tCHF 808.8bCHF 127.9b18.2x14.5x2.3x
Thu, 10 Feb 2022CHF 2.0tCHF 823.5bCHF 142.3b19.6x13.8x2.4x
Price to Earnings Ratio

13.8x


Total Market Cap: CHF 2.0tTotal Earnings: CHF 142.3bTotal Revenue: CHF 823.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.2x202320242025
Current Market PE
  • Investors are relatively neutral on the Swiss market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have declined 6.7% 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 Market1.10%
Tech5.96%
Consumer Discretionary2.55%
Healthcare2.30%
Utilities1.46%
Financials1.18%
Real Estate0.70%
Telecom0.53%
Materials0.37%
Consumer Staples0.15%
Energy0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Industrials-1.68%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 31.3x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 7.3% 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 20% over the next 5 years.
  • This is better than its past earnings decline of 0.3% per year.
  • In contrast, the Utilities industry is expected to see its earnings growth to stay flat 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 286.002.4%
+CHF 4.9b		24.1%PE27.5xHealthcare
NOVN NovartisCHF 95.583.6%
+CHF 4.4b		5.8%PE17.4xHealthcare
CFR Compagnie Financière RichemontCHF 177.102.8%
+CHF 2.8b		37.7%PE32.7xConsumer Discretionary
UBSG UBS GroupCHF 32.341.5%
+CHF 1.6b		25.8%PE25xFinancials
LOGN Logitech InternationalCHF 91.4811.1%
+CHF 1.4b		24.6%PE22.9xTech
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LONN

CHF 582.00

Lonza Group

7D

-0.6%

1Y

31.0%

ROG

CHF 286.00

Roche Holding

7D

2.4%

1Y

24.1%

NOVN

CHF 95.58

Novartis

7D

3.6%

1Y

5.8%

ABBN

CHF 49.95

ABB

7D

-1.8%

1Y

33.9%

LOGN

CHF 91.48

Logitech International

7D

11.1%

1Y

24.6%

VACN

CHF 353.40

VAT Group

7D

8.5%

1Y

-13.9%

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FHZN

CHF 220.00

Flughafen Zürich

7D

-1.4%

1Y

20.7%

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GIVN

CHF 3,987.00

Givaudan

7D

-1.2%

1Y

10.9%

UBSG

CHF 32.34

UBS Group

7D

1.5%

1Y

25.8%

ALC

CHF 83.72

Alcon

7D

2.7%

1Y

27.4%

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CFR

CHF 177.10

Compagnie Financière Richemont

7D

2.8%

1Y

37.7%

NESN

CHF 77.48

Nestlé

7D

-0.1%

1Y

-22.6%

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SREN

CHF 139.40

Swiss Re

7D

-0.3%

1Y

39.3%

BALN

CHF 166.50

Baloise Holding

7D

-1.2%

1Y

19.0%

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ZURN

CHF 553.80

Zurich Insurance Group

7D

1.1%

1Y

25.7%

STMN

CHF 130.35

Straumann Holding

7D

-0.6%

1Y

-4.3%

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