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Swiss (SMI) Market Analysis & Valuation

UpdatedApr 10, 2025
DataAggregated Company Financials
Companies212
  • 7D-12.8%
  • 3M-9.3%
  • 1Y-6.7%
  • YTD-7.3%

Over the last 7 days, the market has dropped 13%, driven by pullbacks in every sector, especially the Healthcare sector. In the last 12 months the market is down 6.7%. 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
Thu, 10 Apr 2025CHF 1.6tCHF 841.9bCHF 158.1b17.8x10.2x1.9x
Sat, 08 Mar 2025CHF 1.9tCHF 807.3bCHF 117.3b20.5x16.4x2.4x
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
Price to Earnings Ratio

15x


Total Market Cap: CHF 2.0tTotal Earnings: CHF 130.4bTotal Revenue: CHF 813.9bTotal 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 10.2x which is lower than its 3-year average PE of 17.2x.
Past Earnings Growth
  • The earnings for Swiss listed companies have grown 6.6% 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 Market-12.77%
Telecom-1.67%
Real Estate-3.74%
Utilities-5.88%
Consumer Staples-6.75%
Materials-12.34%
Industrials-12.98%
Financials-14.03%
Healthcare-14.98%
Consumer Discretionary-16.03%
Tech-19.65%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading close to its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 13.6%, which is lower than the prior year's growth of 18.4% per year.
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 Utilities sector is expected to see its earnings decline by 4.1% 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
TKBP Thurgauer KantonalbankCHF 145.504.3%
+CHF 120.0m		15.0%PB1xFinancials
AEVS Aevis VictoriaCHF 12.402.5%
+CHF 25.2m		-17.9%PS1.2xHealthcare
GRKP Graubündner KantonalbankCHF 1.72k0.6%
+CHF 24.9m		-3.4%PB1.5xFinancials
HLEE Highlight Event and EntertainmentCHF 7.1018.3%
+CHF 14.3m		-29.0%PS0.2xTelecom
GAM GAM HoldingCHF 0.1011.1%
+CHF 10.6m		-61.5%PS1.3xFinancials
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CHF 80.46

Holcim

7D

-15.8%

1Y

2.0%

UBSG

CHF 21.93

UBS Group

7D

-18.1%

1Y

-19.0%

CFR

CHF 129.05

Compagnie Financière Richemont

7D

-16.4%

1Y

-3.3%

ROG

CHF 235.40

Roche Holding

7D

-17.9%

1Y

4.9%

GAM

CHF 0.10

GAM Holding

7D

11.1%

1Y

-61.5%

AEVS

CHF 12.40

Aevis Victoria

7D

2.5%

1Y

-17.9%

ZURN

CHF 538.20

Zurich Insurance Group

7D

-13.2%

1Y

13.3%

NOVN

CHF 82.96

Novartis

7D

-14.3%

1Y

-3.7%

HLEE

CHF 7.10

Highlight Event and Entertainment

7D

18.3%

1Y

-29.0%

ABBN

CHF 39.14

ABB

7D

-14.4%

1Y

-7.7%

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NESN

CHF 83.25

Nestlé

7D

-7.3%

1Y

-10.9%

TKBP

CHF 145.50

Thurgauer Kantonalbank

7D

4.3%

1Y

15.0%

BEKN

CHF 243.00

Berner Kantonalbank

7D

0.4%

1Y

-2.0%

DOCM

CHF 18.45

DocMorris

7D

4.8%

1Y

-78.3%

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CHF 1,720.00

Graubündner Kantonalbank

7D

0.6%

1Y

-3.4%

LECN

CHF 0.21

Leclanché

7D

2.4%

1Y

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