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Swiss (SMI) Market Analysis & Valuation

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies212
  • 7D0.6%
  • 3M9.9%
  • 1Y10.2%
  • YTD10.1%

Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. As for the longer term, the market has risen 10% in the past 12 months. 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, 22 Feb 2025CHF 1.9tCHF 819.9bCHF 116.5b21.1x16.5x2.3x
Mon, 20 Jan 2025CHF 1.8tCHF 819.7bCHF 118.0b21.1x15.2x2.2x
Wed, 18 Dec 2024CHF 1.8tCHF 813.3bCHF 117.3b20.7x14.9x2.2x
Fri, 15 Nov 2024CHF 1.8tCHF 817.2bCHF 117.8b19.7x14.9x2.1x
Sun, 13 Oct 2024CHF 1.8tCHF 803.6bCHF 114.1b21.5x16x2.3x
Tue, 10 Sep 2024CHF 1.8tCHF 801.7bCHF 113.7b21.4x15.8x2.2x
Thu, 08 Aug 2024CHF 1.8tCHF 799.6bCHF 136.0b21.4x13.1x2.2x
Sat, 06 Jul 2024CHF 1.8tCHF 801.2bCHF 125.6b21.4x14.4x2.3x
Mon, 03 Jun 2024CHF 1.8tCHF 803.7bCHF 126.0b22x14.3x2.2x
Wed, 01 May 2024CHF 1.7tCHF 802.0bCHF 125.9b21.3x13.6x2.1x
Fri, 29 Mar 2024CHF 1.8tCHF 766.6bCHF 98.0b21.9x18.2x2.3x
Sun, 25 Feb 2024CHF 1.7tCHF 779.6bCHF 110.8b20.1x15.7x2.2x
Tue, 23 Jan 2024CHF 1.7tCHF 766.7bCHF 110.5b17.9x15.3x2.2x
Thu, 21 Dec 2023CHF 1.7tCHF 764.9bCHF 110.1b18.6x15.3x2.2x
Sat, 18 Nov 2023CHF 1.6tCHF 772.9bCHF 111.6b17.9x14.6x2.1x
Mon, 16 Oct 2023CHF 1.6tCHF 761.3bCHF 100.3b18.1x16.3x2.1x
Wed, 13 Sep 2023CHF 1.7tCHF 750.1bCHF 99.2b18.6x16.7x2.2x
Fri, 11 Aug 2023CHF 1.7tCHF 742.7bCHF 75.1b18.5x22.4x2.3x
Sun, 09 Jul 2023CHF 1.7tCHF 755.7bCHF 76.7b18.9x21.8x2.2x
Tue, 06 Jun 2023CHF 1.7tCHF 787.5bCHF 82.6b19x21.2x2.2x
Thu, 04 May 2023CHF 1.8tCHF 784.0bCHF 80.7b19.5x21.9x2.3x
Sat, 01 Apr 2023CHF 1.7tCHF 780.5bCHF 69.3b19.5x25.1x2.2x
Mon, 27 Feb 2023CHF 1.7tCHF 783.7bCHF 71.4b18.9x24.1x2.2x
Wed, 25 Jan 2023CHF 1.8tCHF 786.7bCHF 94.0b17.8x19x2.3x
Fri, 23 Dec 2022CHF 1.7tCHF 788.3bCHF 94.1b17.5x17.8x2.1x
Sun, 20 Nov 2022CHF 1.7tCHF 792.5bCHF 95.5b17.6x17.9x2.2x
Tue, 18 Oct 2022CHF 1.6tCHF 801.9bCHF 103.8b16.5x15.5x2x
Thu, 15 Sep 2022CHF 1.7tCHF 789.8bCHF 102.0b17.9x16.5x2.1x
Sat, 13 Aug 2022CHF 1.8tCHF 808.8bCHF 102.1b17.7x17.3x2.2x
Mon, 11 Jul 2022CHF 1.7tCHF 805.2bCHF 106.2b17x16.3x2.2x
Wed, 08 Jun 2022CHF 1.8tCHF 807.2bCHF 106.1b18.2x17x2.2x
Fri, 06 May 2022CHF 1.9tCHF 806.3bCHF 106.7b18x17.5x2.3x
Sun, 03 Apr 2022CHF 1.9tCHF 809.4bCHF 129.6b18.6x14.9x2.4x
Tue, 01 Mar 2022CHF 1.9tCHF 850.5bCHF 175.3b19.2x10.9x2.2x
Price to Earnings Ratio

10.9x


Total Market Cap: CHF 1.9tTotal Earnings: CHF 175.3bTotal Revenue: CHF 850.5bTotal 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 13% 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 Market0.63%
Consumer Staples2.99%
Healthcare1.04%
Industrials0.79%
Financials0.52%
Real Estate0.39%
Tech0.34%
Energy0%0
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Telecom-0.26%
Utilities-0.62%
Consumer Discretionary-1.34%
Materials-2.81%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 24.5x.
    • Analysts expect its future annual earnings growth (14.1%) 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 20% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate 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
NESN NestléCHF 85.103.2%
+CHF 6.7b
-10.7%PE20.1xConsumer Staples
NOVN NovartisCHF 98.152.9%
+CHF 5.5b
7.1%PE18.1xHealthcare
ROG Roche HoldingCHF 298.401.3%
+CHF 3.1b
28.4%PE28.7xHealthcare
ZURN Zurich Insurance GroupCHF 578.002.6%
+CHF 2.1b
24.8%PE19xFinancials
ABBN ABBCHF 52.262.0%
+CHF 1.9b
29.5%PE27.1xIndustrials
See more
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ZURN

CHF 578.00

Zurich Insurance Group

7D

2.6%

1Y

24.8%

STMN

CHF 130.50

Straumann Holding

7D

2.6%

1Y

-11.0%

SIKA

CHF 237.80

Sika

7D

-1.8%

1Y

-8.1%

ROG

CHF 298.40

Roche Holding

7D

1.3%

1Y

28.4%

LONN

CHF 583.60

Lonza Group

7D

-2.0%

1Y

25.9%

HOLN

CHF 94.36

Holcim

7D

-4.3%

1Y

36.1%

CFR

CHF 180.35

Compagnie Financière Richemont

7D

-1.4%

1Y

31.1%

NOVN

CHF 98.15

Novartis

7D

2.9%

1Y

7.1%

ABBN

CHF 52.26

ABB

7D

2.0%

1Y

29.5%

SDZ

CHF 41.76

Sandoz Group

7D

-6.3%

1Y

48.8%