Stock Analysis

High Growth Tech Stocks In Switzerland To Watch This September 2024

SWX:SWON
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The Switzerland market opened weak Friday morning and kept drifting lower as the day progressed, eventually closing with more than a 1% loss. Investors are looking ahead to the Swiss National Bank's monetary policy announcement next Thursday, where a rate cut is widely expected. In this environment of cautious sentiment and economic shifts, identifying high-growth tech stocks can offer opportunities for investors seeking resilience and innovation amidst broader market fluctuations.

Top 10 High Growth Tech Companies In Switzerland

NameRevenue GrowthEarnings GrowthGrowth Rating
LEM Holding8.69%18.43%★★★★☆☆
Santhera Pharmaceuticals Holding26.80%35.40%★★★★★★
ALSO Holding11.99%23.95%★★★★☆☆
Temenos7.60%14.32%★★★★☆☆
Comet Holding21.22%47.97%★★★★★★
SoftwareONE Holding8.60%52.57%★★★★★☆
Cicor Technologies7.10%27.73%★★★★☆☆
Basilea Pharmaceutica8.99%36.39%★★★★★☆
Sensirion Holding13.96%104.68%★★★★☆☆
Kudelski12.23%121.75%★★★★☆☆

Click here to see the full list of 10 stocks from our SIX Swiss Exchange High Growth Tech and AI Stocks screener.

Let's uncover some gems from our specialized screener.

ALSO Holding (SWX:ALSN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: ALSO Holding AG operates as a technology services provider for the ICT industry in Switzerland, Germany, the Netherlands, Poland, and internationally with a market cap of CHF3.31 billion.

Operations: The company generates revenue primarily from its operations in Central Europe (€4.62 billion) and Northern/Eastern Europe (€5.24 billion). The business focuses on providing technology services within the ICT industry across multiple regions.

ALSO Holding AG, amidst a challenging fiscal environment with a revenue dip to EUR 4.28 billion from EUR 4.83 billion year-over-year, still forecasts an optimistic earnings growth of 24% annually, outpacing the broader Swiss market's expectation of 11.7%. This resilience is underscored by its recent presentation at the Baader Investment Conference, signaling strategic confidence despite a temporary setback in net income to EUR 41.66 million from EUR 52.53 million. The company's commitment to innovation and market expansion is evident as it leverages R&D investments effectively, positioning itself favorably within Switzerland's competitive tech landscape where it anticipates revenue growth at three times the national average (12% vs. 4.5%).

SWX:ALSN Earnings and Revenue Growth as at Sep 2024
SWX:ALSN Earnings and Revenue Growth as at Sep 2024

LEM Holding (SWX:LEHN)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: LEM Holding SA, along with its subsidiaries, offers solutions for measuring electrical parameters across various global regions including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America and has a market cap of CHF1.52 billion.

Operations: LEM Holding SA specializes in providing solutions for measuring electrical parameters across a diverse range of global markets. The company generates revenue from its product offerings in multiple regions, including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America.

LEM Holding, navigating through a turbulent market, reported a significant drop in quarterly sales from CHF 112.34 million to CHF 80.96 million and net income from CHF 20.54 million to CHF 4.78 million as of June 2024. Despite these challenges, the company's forecasted revenue growth at 8.7% annually outstrips the Swiss market average of 4.5%, showcasing resilience and adaptability in its sector. Further bolstering its competitive edge, LEM's anticipated earnings growth stands at an impressive 18.4% per year, reflecting robust strategic planning and execution amidst prevailing economic pressures.

SWX:LEHN Earnings and Revenue Growth as at Sep 2024
SWX:LEHN Earnings and Revenue Growth as at Sep 2024

SoftwareONE Holding (SWX:SWON)

Simply Wall St Growth Rating: ★★★★★☆

Overview: SoftwareONE Holding AG offers software and cloud solutions across multiple regions including Switzerland, Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific with a market cap of CHF2.42 billion.

Operations: SoftwareONE Holding AG generates revenue primarily from software and cloud solutions, with significant contributions from EMEA (CHF611.29 million), NORAM (CHF158.45 million), and APAC (CHF148.50 million). The company operates across various regions including Europe, North America, Latin America, and the Asia Pacific.

Amidst a challenging landscape, SoftwareONE's strategic maneuvers are noteworthy, particularly its potential merger discussions with Crayon Group and exploration of private acquisition scenarios led by Apax Partners. This comes at a time when SoftwareONE's revenue growth forecast at 8.6% annually outpaces the Swiss market average of 4.5%. However, it's important to note that despite a recent dip in share value by 6%, the company is poised for significant earnings expansion, with an anticipated surge of 52.6% per year in profits. This growth trajectory is underpinned by substantial R&D investments which accounted for a notable portion of the revenue, reflecting SoftwareONE’s commitment to innovation and competitive edge in the tech sector.

SWX:SWON Earnings and Revenue Growth as at Sep 2024
SWX:SWON Earnings and Revenue Growth as at Sep 2024

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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