Home » High Growth Tech Stocks In Switzerland ALSO Holding And 2 More

High Growth Tech Stocks In Switzerland ALSO Holding And 2 More

High Growth Tech Stocks In Switzerland ALSO Holding And 2 More

The Switzerland market ended modestly higher on Monday despite staying a bit sluggish till around mid-morning. Investors largely made cautious moves, looking ahead to the Swiss National Bank’s interest rate decision and a slew of fresh economic data from the U.S. and Europe. In this context, identifying high-growth tech stocks that can thrive in such an environment requires a keen eye for companies with robust fundamentals and innovative capabilities. This article will discuss three promising Swiss tech stocks: ALSO Holding and two more, which are poised to benefit from current market conditions.

Top 10 High Growth Tech Companies In Switzerland

Name Revenue Growth Earnings Growth Growth Rating
LEM Holding 8.69% 18.43% ★★★★☆☆
Santhera Pharmaceuticals Holding 26.80% 35.40% ★★★★★★
ALSO Holding 11.99% 23.95% ★★★★☆☆
Comet Holding 21.22% 47.97% ★★★★★★
Temenos 7.60% 14.32% ★★★★☆☆
SoftwareONE Holding 8.60% 52.57% ★★★★★☆
Cicor Technologies 7.10% 27.73% ★★★★☆☆
Basilea Pharmaceutica 9.59% 36.81% ★★★★★☆
Sensirion Holding 13.96% 104.68% ★★★★☆☆
Kudelski 12.23% 121.75% ★★★★☆☆

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

We’re going to check out a few of the best picks from our screener tool.

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 CHF3.30 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 serves the ICT industry across multiple countries, with significant contributions from these regions.

At the recent Baader Investment Conference, ALSO Holding AG highlighted its strategic initiatives amidst a challenging fiscal period, reporting a sales decrease to EUR 4.28 billion from EUR 4.83 billion year-over-year and a net income drop to EUR 41.66 million. Despite these hurdles, the company’s commitment to innovation is evident in its R&D spending, crucial for maintaining competitiveness in Switzerland’s tech landscape. With earnings expected to surge by approximately 24% annually, outpacing the Swiss market’s average growth of 11.7%, ALSO is positioning itself robustly against sectorial shifts towards digital and cloud-based solutions.

Furthermore, this focus on R&D not only supports product development but also aligns with ALSO’s strategy to adapt swiftly to market demands in high-growth tech sectors like AI and software services—areas where continuous innovation is key. The firm’s ability to navigate past financial turbulence while laying down substantial groundwork for future technologies suggests potential resilience and adaptability in an evolving industry landscape.

SWX:ALSN Revenue and Expenses Breakdown as at Sep 2024

Simply Wall St Growth Rating: ★★★★★★

Overview: Comet Holding AG, along with its subsidiaries, offers X-ray and radio frequency (RF) power technology solutions across Europe, North America, Asia, and globally, with a market cap of CHF2.45 billion.

Operations: Comet Holding AG generates revenue primarily from three segments: X-Ray Systems (CHF115.34 million), Industrial X-Ray Modules (CHF95.90 million), and Plasma Control Technologies (CHF180.62 million). The company’s operations span Europe, North America, Asia, and other international markets.

Comet Holding AG’s recent financial performance, marked by a sales figure of CHF 189.32 million and a doubling of net income to CHF 4.06 million, underscores its resilience despite market challenges. At Semicon West 2024, the firm showcased its strategic focus on high-growth sectors like AI and software services, which is reflected in its R&D spending—a crucial driver for innovation in technology-intensive industries. With revenue growth projected at an impressive 21.2% annually and earnings expected to surge by 48% per year, Comet is well-positioned to outpace the broader Swiss tech market’s growth rates. This robust outlook is further supported by the company’s enhanced earnings per share, which has increased from CHF 0.25 to CHF 0.52, signaling strong operational efficiency and potential for future gains in a competitive landscape.

SWX:COTN Revenue and Expenses Breakdown as at Sep 2024
SWX:COTN Revenue and Expenses Breakdown as at Sep 2024

Simply Wall St Growth Rating: ★★★★★☆

Overview: SoftwareONE Holding AG provides software and cloud solutions across various regions including Switzerland, Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific with a market cap of CHF2.41 billion.

Operations: SoftwareONE Holding AG generates revenue primarily from software and cloud solutions, with significant contributions from regions such as EMEA (CHF611.29 million), NORAM (CHF158.45 million), and APAC (CHF148.50 million). The company’s market cap stands at CHF2.41 billion.

Amidst a transformative phase, SoftwareONE Holding AG is navigating through potential M&A activities and revised corporate guidance. The company’s R&D expenditure, crucial for fostering innovation in the competitive tech landscape, aligns with its strategic ambitions despite recent challenges. With revenue growth now adjusted to 7-9%, reflecting cautious optimism in a volatile market, SoftwareONE’s focus remains on strengthening its core offerings and exploring synergistic opportunities with Crayon Group Holding ASA. This approach underscores their commitment to maintaining relevance and driving growth amidst evolving industry dynamics, supported by a robust forecast of 52.6% annual earnings growth which outpaces the broader Swiss market significantly.

SWX:SWON Revenue and Expenses Breakdown as at Sep 2024
SWX:SWON Revenue and Expenses Breakdown as at Sep 2024

Where To Now?

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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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