Swiss (SMI) Electrical Industry Analysis

Industry Valuation and Performance

Has the Swiss Electrical Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 29 May 2024	CHF97.8b	CHF32.5b	CHF3.6b	27.7x	27.5x	3x
Fri, 26 Apr 2024	CHF88.2b	CHF32.5b	CHF3.6b	24.8x	24.7x	2.7x
Sun, 24 Mar 2024	CHF84.1b	CHF32.0b	CHF3.6b	21.2x	23.1x	2.6x
Tue, 20 Feb 2024	CHF78.7b	CHF31.5b	CHF3.6b	14.8x	21.9x	2.5x
Thu, 18 Jan 2024	CHF71.4b	CHF30.4b	CHF3.7b	16.9x	19.4x	2.4x
Sat, 16 Dec 2023	CHF74.2b	CHF30.6b	CHF3.7b	18.1x	20x	2.4x
Mon, 13 Nov 2023	CHF63.6b	CHF31.6b	CHF3.8b	15.8x	16.5x	2x
Wed, 11 Oct 2023	CHF65.8b	CHF31.2b	CHF3.4b	17.4x	19.4x	2.1x
Fri, 08 Sep 2023	CHF66.3b	CHF30.7b	CHF3.4b	18x	19.7x	2.2x
Sun, 06 Aug 2023	CHF68.6b	CHF30.1b	CHF3.3b	18.5x	20.8x	2.3x
Tue, 04 Jul 2023	CHF68.6b	CHF30.0b	CHF2.9b	17.1x	23.6x	2.3x
Thu, 01 Jun 2023	CHF68.4b	CHF30.6b	CHF3.0b	17.2x	23.1x	2.2x
Sat, 29 Apr 2023	CHF66.3b	CHF29.9b	CHF2.9b	17.4x	22.9x	2.2x
Mon, 27 Mar 2023	CHF59.9b	CHF29.3b	CHF2.5b	17.1x	24.3x	2x
Wed, 22 Feb 2023	CHF62.8b	CHF29.4b	CHF2.5b	18.7x	25.3x	2.1x
Fri, 20 Jan 2023	CHF61.9b	CHF28.9b	CHF3.9b	15.4x	16x	2.1x
Sun, 18 Dec 2022	CHF57.0b	CHF29.4b	CHF3.9b	13.9x	14.5x	1.9x
Tue, 15 Nov 2022	CHF60.2b	CHF29.7b	CHF4.0b	14.6x	15.1x	2x
Thu, 13 Oct 2022	CHF51.0b	CHF30.9b	CHF4.5b	11.5x	11.4x	1.7x
Sat, 10 Sep 2022	CHF54.2b	CHF29.8b	CHF4.3b	12.4x	12.5x	1.8x
Mon, 08 Aug 2022	CHF56.2b	CHF29.9b	CHF4.4b	10.8x	12.9x	1.9x
Wed, 06 Jul 2022	CHF49.7b	CHF30.2b	CHF4.7b	10.1x	10.5x	1.6x
Fri, 03 Jun 2022	CHF59.5b	CHF30.1b	CHF4.7b	11.2x	12.6x	2x
Sun, 01 May 2022	CHF59.7b	CHF30.3b	CHF4.8b	11.7x	12.6x	2x
Tue, 29 Mar 2022	CHF62.2b	CHF29.1b	CHF4.5b	13.8x	13.9x	2.1x
Thu, 24 Feb 2022	CHF63.4b	CHF28.6b	CHF4.4b	15x	14.4x	2.2x
Sat, 22 Jan 2022	CHF69.4b	CHF28.0b	CHF2.0b	21x	34.5x	2.5x
Mon, 20 Dec 2021	CHF70.6b	CHF28.3b	CHF2.0b	22.3x	34.8x	2.5x
Wed, 17 Nov 2021	CHF67.0b	CHF28.3b	CHF2.0b	23x	33.1x	2.4x
Fri, 15 Oct 2021	CHF66.0b	CHF27.9b	CHF946.9m	20x	69.7x	2.4x
Sun, 12 Sep 2021	CHF70.1b	CHF28.0b	CHF885.2m	22.8x	79.2x	2.5x
Tue, 10 Aug 2021	CHF71.0b	CHF28.0b	CHF885.2m	23.1x	80.2x	2.5x

Current Industry PE

Investors are relatively neutral on the Swiss Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 28.6x.

The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 3.0x.

Past Earnings Growth

The earnings for companies in the Electrical industry have grown 89% per year over the last three years.
Revenues for these companies have grown 6.1% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swiss Industrials industry?


CH Market	-0.95%
Industrials	1.47%
Electrical	2.09%
Electrical Components	2.29%
Heavy Electrical Equipment	-3.15%

Industry PE

Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 17.5x.

Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings decline of 17.6% per year.

Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 28.5x.

Forecasted Growth

Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 16% over the next 5 years.
This is better than its past earnings decline of 18% per year.

In contrast, the Electrical Components industry is expected to see its earnings grow by 8.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
ABBN ABB	CHF49.60	3.1% +CHF2.7b	49.1%	PE27.6x
RSGN R&S Group Holding	CHF12.45	4.2% +CHF14.0m	27.0%	PE29.9x
LECN Leclanché	CHF0.59	3.5% +CHF11.7m	8.4%	PS18x
GAV Carlo Gavazzi Holding	CHF313.00	2.0% +CHF4.3m	-13.5%	PE8.3x