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Swiss (SMI) Market Analysis & Valuation

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies211
  • 7D3.8%
  • 3M-4.2%
  • 1Y5.1%
  • YTD2.5%

The market has climbed by 3.8% over the past week, with every sector up and the Healthcare sector leading the way. In the last year, the market has climbed 5.1%. 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
Wed, 30 Apr 2025CHF 1.8tCHF 837.1bCHF 157.9b19.1x11.2x2.1x
Fri, 28 Mar 2025CHF 1.9tCHF 849.9bCHF 158.9b20x11.8x2.2x
Sun, 23 Feb 2025CHF 1.9tCHF 812.1bCHF 117.2b21.1x16.3x2.4x
Tue, 21 Jan 2025CHF 1.8tCHF 818.1bCHF 117.8b21.4x15.3x2.2x
Thu, 19 Dec 2024CHF 1.7tCHF 813.3bCHF 117.3b20.7x14.8x2.1x
Sat, 16 Nov 2024CHF 1.7tCHF 816.4bCHF 117.7b19.8x14.7x2.1x
Mon, 14 Oct 2024CHF 1.8tCHF 800.3bCHF 114.9b21.5x15.8x2.3x
Wed, 11 Sep 2024CHF 1.8tCHF 801.3bCHF 113.8b20.9x15.7x2.2x
Fri, 09 Aug 2024CHF 1.8tCHF 800.7bCHF 136.1b21.2x13x2.2x
Sun, 07 Jul 2024CHF 1.8tCHF 801.2bCHF 125.6b21.4x14.4x2.3x
Tue, 04 Jun 2024CHF 1.8tCHF 801.8bCHF 125.7b21.8x14.4x2.2x
Thu, 02 May 2024CHF 1.7tCHF 802.7bCHF 126.0b21.3x13.6x2.1x
Sat, 30 Mar 2024CHF 1.8tCHF 766.3bCHF 96.9b21.9x18.4x2.3x
Mon, 26 Feb 2024CHF 1.7tCHF 779.6bCHF 110.8b20.1x15.7x2.2x
Wed, 24 Jan 2024CHF 1.7tCHF 767.0bCHF 110.6b17.9x15.1x2.2x
Fri, 22 Dec 2023CHF 1.7tCHF 763.9bCHF 109.9b18.5x15.3x2.2x
Sun, 19 Nov 2023CHF 1.6tCHF 772.6bCHF 111.5b17.9x14.6x2.1x
Tue, 17 Oct 2023CHF 1.6tCHF 761.2bCHF 100.2b18.2x16.3x2.1x
Thu, 14 Sep 2023CHF 1.7tCHF 750.8bCHF 99.3b18.7x16.7x2.2x
Sat, 12 Aug 2023CHF 1.7tCHF 743.1bCHF 75.0b18.2x22.3x2.2x
Mon, 10 Jul 2023CHF 1.7tCHF 755.7bCHF 76.7b18.9x21.8x2.2x
Wed, 07 Jun 2023CHF 1.8tCHF 788.0bCHF 82.7b18.8x21.2x2.2x
Fri, 05 May 2023CHF 1.8tCHF 783.4bCHF 80.6b19.2x21.9x2.2x
Sun, 02 Apr 2023CHF 1.7tCHF 780.6bCHF 69.4b19.5x25x2.2x
Tue, 28 Feb 2023CHF 1.7tCHF 783.0bCHF 71.4b19.2x24.3x2.2x
Thu, 26 Jan 2023CHF 1.8tCHF 786.1bCHF 93.9b17.7x19x2.3x
Sat, 24 Dec 2022CHF 1.7tCHF 789.2bCHF 94.3b17.5x17.8x2.1x
Mon, 21 Nov 2022CHF 1.7tCHF 792.5bCHF 95.5b17.6x17.9x2.2x
Wed, 19 Oct 2022CHF 1.6tCHF 800.6bCHF 103.5b17x15.9x2.1x
Fri, 16 Sep 2022CHF 1.7tCHF 789.5bCHF 102.0b17.9x16.4x2.1x
Sun, 14 Aug 2022CHF 1.8tCHF 808.8bCHF 102.1b17.7x17.3x2.2x
Tue, 12 Jul 2022CHF 1.7tCHF 805.2bCHF 106.3b17.1x16.3x2.2x
Thu, 09 Jun 2022CHF 1.8tCHF 807.2bCHF 106.1b18.2x17x2.2x
Sat, 07 May 2022CHF 1.8tCHF 805.8bCHF 106.6b17.8x17.3x2.3x
Price to Earnings Ratio

17.3x


Total Market Cap: CHF 1.8tTotal Earnings: CHF 106.6bTotal Revenue: CHF 805.8bTotal 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 11.2x 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 Market3.76%
Tech6.38%
Healthcare5.80%
Materials4.73%
Industrials3.99%
Consumer Discretionary3.71%
Utilities3.69%
Financials3.08%
Telecom1.84%
Real Estate0.38%
Consumer Staples0.12%
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 (13.6%) 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 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% 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
ROG Roche HoldingCHF 268.905.5%
+CHF 11.2b		21.9%PE25.8xHealthcare
NOVN NovartisCHF 94.213.9%
+CHF 6.7b		5.8%PE16.9xHealthcare
GALD Galderma GroupCHF 94.3521.7%
+CHF 4.0b		37.7%PE117.7xHealthcare
CFR Compagnie Financière RichemontCHF 145.703.7%
+CHF 3.1b		13.9%PE27xConsumer Discretionary
LONN Lonza GroupCHF 586.806.8%
+CHF 2.7b		15.0%PE65.2xHealthcare
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NOVN

CHF 93.79

Novartis

7D

3.2%

1Y

5.3%

HELN

CHF 181.30

Helvetia Holding

7D

-1.8%

1Y

50.7%

UBSG

CHF 24.89

UBS Group

7D

2.8%

1Y

2.6%

ARBN

CHF 6.24

Arbonia

7D

-44.2%

1Y

-48.6%

LONN

CHF 588.60

Lonza Group

7D

4.7%

1Y

15.3%

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BALN

CHF 183.30

Baloise Holding

7D

-4.2%

1Y

32.1%

REHN

CHF 42.90

Romande Energie Holding

7D

-4.2%

1Y

-26.0%

ALLN

CHF 181.80

Allreal Holding

7D

-1.7%

1Y

22.3%

SCHN

CHF 292.00

Schindler Holding

7D

10.6%

1Y

30.1%

ADEN

CHF 21.42

Adecco Group

7D

-2.8%

1Y

-33.6%

BARN

CHF 741.00

Barry Callebaut

7D

-3.5%

1Y

-50.1%

GALD

CHF 95.90

Galderma Group

7D

19.0%

1Y

40.0%

GIVN

CHF 3,982.00

Givaudan

7D

5.5%

1Y

0.9%

ROG

CHF 269.30

Roche Holding

7D

4.3%

1Y

22.1%

ZURN

CHF 582.40

Zurich Insurance Group

7D

2.9%

1Y

31.1%

ATH

CHF 1,430.00

Athris Holding

7D

-12.0%

1Y

n/a