Swiss High Growth Tech Stocks To Watch Now
The Switzerland market closed higher on Friday, tracking positive cues from other European markets amid hopes the Federal Reserve will cut interest rates next week and possibly announce more reductions before the end of the year. In this favorable economic climate, identifying high-growth tech stocks can be particularly rewarding as these companies often benefit from lower interest rates and a buoyant market sentiment.
Top 10 High Growth Tech Companies In Switzerland
Name |
Revenue Growth |
Earnings Growth |
Growth Rating |
---|---|---|---|
LEM Holding |
8.69% |
18.38% |
★★★★☆☆ |
ALSO Holding |
11.99% |
23.95% |
★★★★☆☆ |
Santhera Pharmaceuticals Holding |
24.38% |
35.40% |
★★★★★★ |
Comet Holding |
21.67% |
48.51% |
★★★★★★ |
Temenos |
7.59% |
14.32% |
★★★★☆☆ |
SoftwareONE Holding |
8.60% |
52.57% |
★★★★★☆ |
Cicor Technologies |
7.10% |
27.73% |
★★★★☆☆ |
Basilea Pharmaceutica |
8.99% |
36.39% |
★★★★★☆ |
Sensirion Holding |
13.96% |
104.68% |
★★★★☆☆ |
Kudelski |
12.23% |
121.75% |
★★★★☆☆ |
Let’s dive into some prime choices out of from the screener.
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 CHF3.19 billion.
Operations: ALSO Holding AG generates revenue primarily from its operations in Central Europe (€4.62 billion) and Northern/Eastern Europe (€5.24 billion). The company’s total revenue is offset by reconciliation adjustments of -€449.34 million.
ALSO Holding’s revenue is forecast to grow 12% annually, outpacing the Swiss market’s 4.5% growth rate. Despite a volatile share price and a 20.4% earnings decline last year, its earnings are expected to surge by 24% per year, significantly higher than the market average of 11.7%. Recent half-year results show sales at €4.28 billion and net income at €41.66 million, reflecting robust performance despite challenges in the electronic industry segment. The company’s focus on R&D is evident from its strategic investments aimed at enhancing software solutions and AI capabilities, which could drive future profitability given the sector’s shift towards SaaS models for recurring revenue streams. Additionally, ALSO Holding repurchased shares in 2024, indicating confidence in its long-term growth prospects amidst an evolving tech landscape.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: LEM Holding SA, along with its subsidiaries, offers solutions for measuring electrical parameters across various regions including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America and has a market cap of CHF1.47 billion.
Operations: LEM Holding SA generates revenue by providing solutions for measuring electrical parameters across multiple regions, including China, Japan, South Korea, India, Southeast Asia, Europe, Middle East, Africa, NAFTA and Latin America. The company has a market capitalization of CHF1.47 billion.
LEM Holding’s revenue is projected to grow at 8.7% annually, outpacing the Swiss market’s 4.5% growth rate, despite recent challenges. Earnings are forecasted to increase by 18.4% per year, reflecting a robust outlook compared to the broader market’s 11.7%. However, the company reported a net income of CHF 4.78 million for Q1 2024, down from CHF 20.54 million last year due to industry volatility and higher R&D expenses aimed at enhancing their AI capabilities and software solutions. The electronics segment remains pivotal for LEM Holding with significant contributions from high-profile clients like TSMC, which underscores its strategic importance in the tech ecosystem. Despite a volatile share price and lower profit margins (13.2%) compared to last year’s (19%), their commitment to innovation is evident through substantial R&D investments that could drive future profitability amidst an evolving tech landscape focused on recurring SaaS revenue models.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Temenos AG develops, markets, and sells integrated banking software systems to financial institutions globally and has a market cap of CHF 4.32 billion.
Operations: Temenos AG specializes in creating and distributing integrated banking software systems for financial institutions worldwide. The company generates revenue through software licensing, maintenance fees, and professional services.
Temenos, a Swiss software company, is experiencing notable growth in the tech sector. With earnings forecasted to grow at 14.32% annually and revenue projected to rise by 7.6% per year, it outpaces the Swiss market’s average growth of 4.5%. Recent strategic moves include repurchasing 3,263,937 shares for CHF 200 million and key executive appointments aimed at bolstering their SaaS capabilities in the US market. Their commitment to innovation is evident with significant R&D investments enhancing their competitive edge in digital banking solutions.
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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.
Companies discussed in this article include SWX:ALSN SWX:LEHN and SWX:TEMN.
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