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Swiss (SMI) Market Analysis & Valuation

UpdatedMay 18, 2025
DataAggregated Company Financials
Companies210
  • 7D2.1%
  • 3M-3.5%
  • 1Y2.4%
  • YTD5.8%

The market is up 2.1% in the last 7 days, led by the Consumer Discretionary and Industrials sectors. As for last year, the market performance has been flat. 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, 18 May 2025CHF 1.8tCHF 790.7bCHF 106.8b20.2x17.2x2.3x
Tue, 15 Apr 2025CHF 1.7tCHF 831.3bCHF 156.7b18.4x10.8x2x
Thu, 13 Mar 2025CHF 1.9tCHF 850.4bCHF 158.5b19.8x11.9x2.2x
Sat, 08 Feb 2025CHF 1.9tCHF 823.2bCHF 116.8b21.9x16x2.3x
Mon, 06 Jan 2025CHF 1.7tCHF 817.7bCHF 117.8b21x14.8x2.1x
Wed, 04 Dec 2024CHF 1.8tCHF 810.5bCHF 117.1b20.7x15.1x2.2x
Fri, 01 Nov 2024CHF 1.8tCHF 808.3bCHF 117.7b20.7x15.2x2.2x
Sun, 29 Sep 2024CHF 1.8tCHF 795.9bCHF 114.6b22x16x2.3x
Tue, 27 Aug 2024CHF 1.8tCHF 801.0bCHF 113.7b22.2x16.2x2.3x
Thu, 25 Jul 2024CHF 1.8tCHF 797.7bCHF 125.8b21.8x14.5x2.3x
Sat, 22 Jun 2024CHF 1.8tCHF 799.8bCHF 125.5b21.7x14.4x2.3x
Mon, 20 May 2024CHF 1.8tCHF 802.4bCHF 126.4b21.9x14.3x2.3x
Wed, 17 Apr 2024CHF 1.7tCHF 768.0bCHF 97.0b21.6x17.9x2.3x
Fri, 15 Mar 2024CHF 1.8tCHF 776.4bCHF 98.7b20.9x17.8x2.3x
Sun, 11 Feb 2024CHF 1.7tCHF 766.6bCHF 109.2b19.3x15.4x2.2x
Tue, 09 Jan 2024CHF 1.7tCHF 760.0bCHF 109.2b18.2x15.5x2.2x
Thu, 07 Dec 2023CHF 1.7tCHF 767.9bCHF 110.7b18.3x14.9x2.2x
Sat, 04 Nov 2023CHF 1.6tCHF 758.7bCHF 101.1b17.9x15.8x2.1x
Mon, 02 Oct 2023CHF 1.6tCHF 751.1bCHF 99.9b18.5x16.4x2.2x
Wed, 30 Aug 2023CHF 1.7tCHF 746.0bCHF 74.9b19.3x22.4x2.2x
Fri, 28 Jul 2023CHF 1.7tCHF 739.9bCHF 76.5b18.3x22.2x2.3x
Sun, 25 Jun 2023CHF 1.7tCHF 757.7bCHF 77.0b18.9x22.3x2.3x
Tue, 23 May 2023CHF 1.8tCHF 786.0bCHF 82.6b19.1x21.5x2.3x
Thu, 20 Apr 2023CHF 1.8tCHF 775.8bCHF 69.1b19.6x25.6x2.3x
Sat, 18 Mar 2023CHF 1.7tCHF 783.9bCHF 70.0b19.2x23.6x2.1x
Mon, 13 Feb 2023CHF 1.7tCHF 783.1bCHF 77.8b18.4x22.2x2.2x
Wed, 11 Jan 2023CHF 1.7tCHF 784.9bCHF 93.7b17.9x18.5x2.2x
Fri, 09 Dec 2022CHF 1.7tCHF 789.2bCHF 94.3b17.5x18x2.2x
Sun, 06 Nov 2022CHF 1.7tCHF 783.8bCHF 96.9b16.8x17.2x2.1x
Tue, 04 Oct 2022CHF 1.6tCHF 798.7bCHF 103.3b17.5x15.5x2x
Thu, 01 Sep 2022CHF 1.7tCHF 794.4bCHF 102.9b17.6x16.6x2.1x
Sat, 30 Jul 2022CHF 1.8tCHF 808.1bCHF 102.0b17.6x17.3x2.2x
Mon, 27 Jun 2022CHF 1.7tCHF 800.4bCHF 105.2b17x16.1x2.1x
Wed, 25 May 2022CHF 1.8tCHF 803.1bCHF 105.4b17.8x17x2.2x
Price to Earnings Ratio

17x


Total Market Cap: CHF 1.8tTotal Earnings: CHF 105.4bTotal Revenue: CHF 803.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swiss Market Price to Earnings3Y Average 17.1x202320242025
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 17.1x.
Past Earnings Growth
  • Both revenue and earnings for Swiss listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Swiss Market?

CH Market2.12%
Consumer Discretionary12.72%
Tech4.55%
Industrials4.51%
Materials4.02%
Financials1.85%
Telecom1.75%
Utilities0.63%
Healthcare0.53%
Real Estate-0.14%
Consumer Staples-1.25%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 9.7%, which is lower than the prior year's growth of 13.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 25% 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 3.4% 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
CFR Compagnie Financière RichemontCHF 165.6514.2%
+CHF 11.8b
14.4%PE27.7xConsumer Discretionary
UBSG UBS GroupCHF 27.756.9%
+CHF 5.5b
0.8%PE20.2xFinancials
ABBN ABBCHF 47.605.6%
+CHF 4.6b
0.4%PE25.1xIndustrials
SIKA SikaCHF 221.006.7%
+CHF 2.2b
-21.5%PE28.5xMaterials
HOLN HolcimCHF 98.304.1%
+CHF 2.1b
25.3%PE18.5xMaterials
See more
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CFR

CHF 165.65

Compagnie Financière Richemont

7D

14.2%

1Y

14.4%

PGHN

CHF 1,182.50

Partners Group Holding

7D

6.1%

1Y

-6.0%

UBSG

CHF 27.75

UBS Group

7D

6.9%

1Y

0.8%

PSPN

CHF 143.40

PSP Swiss Property

7D

-2.2%

1Y

25.9%

ALC

CHF 74.88

Alcon

7D

-6.2%

1Y

-6.5%

ABBN

CHF 47.60

ABB

7D

5.6%

1Y

0.4%

HOLN

CHF 98.30

Holcim

7D

4.1%

1Y

25.3%

LONN

CHF 573.60

Lonza Group

7D

-1.9%

1Y

8.4%

NESN

CHF 86.48

Nestlé

7D

-1.3%

1Y

-10.5%

SLHN

CHF 808.20

Swiss Life Holding

7D

-3.9%

1Y

29.0%

BCVN

CHF 97.35

Banque Cantonale Vaudoise

7D

-2.6%

1Y

3.7%

SREN

CHF 148.40

Swiss Re

7D

-0.9%

1Y

34.8%

ROG

CHF 259.70

Roche Holding

7D

0.8%

1Y

9.5%