Largest Companies in Switzerland by Market Cap (October 2026)
The 176 listed companies ATLAS covers in Switzerland range from small caps to national champions. These are the 25 largest by market value, converted to US dollars so they can be compared. The three biggest (Roche, Novartis, and Nestle) account for 35% of the combined market value of the whole list.
Data as of Oct 30, 2026. Prices and ratios are the latest stored close; this page refreshes at least every 6 hours.
| # | Company | Price | Market cap |
|---|---|---|---|
| 1 | ROP.SWRoche | CHF 401.70 | $361B |
| 2 | NOVN.SWNovartis | CHF 132.30 | $285B |
| 3 | NESN.SWNestle | CHF 82.81 | $249B |
| 4 | ABBN.SWABB | CHF 73.12 | $165B |
| 5 | UBSG.SWUBS | CHF 39.71 | $146B |
| 6 | CFR.SWCompagnie Financière Richemont | CHF 164.40 | $124B |
| 7 | ZURN.SWZurich Insurance | CHF 621.40 | $110B |
| 8 | SREN.SWSwiss Re | CHF 150.85 | $53.4B |
| 9 | LONN.SWLonza | CHF 640.80 | $50.7B |
| 10 | GALD.SWGalderma Group N | CHF 189.70 | $48.4B |
| 11 | GIVN.SWGivaudan | CHF 3,916 | $43.5B |
| 12 | HOLN.SWHolcim | CHF 69.84 | $42.9B |
| 13 | SCMN.SWSwisscom | CHF 700.00 | $40.1B |
| 14 | SDZ.SWSandoz | CHF 83.38 | $38.8B |
| 15 | SIKA.SWSika | CHF 178.35 | $35.0B |
| 16 | SCHP.SWSchindler Ps | CHF 303.20 | $34.4B |
| 17 | SCHN.SWSchindler | CHF 291.50 | $34.0B |
| 18 | KNIN.SWKuehne & Nagel | CHF 236.70 | $32.7B |
| 19 | ALC.SWAlcon | CHF 58.76 | $31.4B |
| 20 | SLHN.SWSwiss Life | CHF 958.20 | $31.0B |
| 21 | HBAN.SWHelvetia | CHF 217.80 | $25.0B |
| 22 | EMSN.SWEMS-CHEMIE | CHF 844.00 | $24.7B |
| 23 | SGSN.SWSGS | CHF 103.40 | $23.5B |
| 24 | LISP.SWChocoladefabriken Lindt & Spruengli AG Part | CHF 8,240 | $22.8B |
| 25 | VACN.SWVAT | CHF 598.60 | $22.3B |
Fair value gap: a negative number means the price is below ATLAS fair value. "Chance up" is the probability of a higher close in 21 trading sessions (about a month) in ATLAS's calibrated model.
The top 10 in a sentence
- Roche (ROP.SW) has a market value of $361B. ATLAS puts it 14% below its fair value. ATLAS gives it a 53% chance of closing higher in a month.
- Novartis (NOVN.SW) has a market value of $285B. ATLAS puts it 37% below its fair value. ATLAS gives it a 51% chance of closing higher in a month.
- Nestle (NESN.SW) has a market value of $249B. ATLAS puts it close to its fair value. ATLAS gives it a 54% chance of closing higher in a month.
- ABB (ABBN.SW) has a market value of $165B. It trades 38% above ATLAS fair value. ATLAS gives it a 51% chance of closing higher in a month.
- UBS (UBSG.SW) has a market value of $146B. It trades 41% above ATLAS fair value. ATLAS gives it a 52% chance of closing higher in a month.
- Compagnie Financière Richemont (CFR.SW) has a market value of $124B. It trades 41% above ATLAS fair value. ATLAS gives it a 51% chance of closing higher in a month.
- Zurich Insurance (ZURN.SW) has a market value of $110B. ATLAS puts it 28% below its fair value. ATLAS gives it a 55% chance of closing higher in a month.
- Swiss Re (SREN.SW) has a market value of $53.4B. It trades 31% above ATLAS fair value. ATLAS gives it a 54% chance of closing higher in a month.
- Lonza (LONN.SW) has a market value of $50.7B. It trades 16% above ATLAS fair value. ATLAS gives it a 53% chance of closing higher in a month.
- Galderma Group N (GALD.SW) has a market value of $48.4B. ATLAS gives it a 51% chance of closing higher in a month.
How the largest companies in Switzerland are ranked
Market value is price times shares outstanding, stored in US dollars so companies quoted in different currencies compare. Where market value and share count do not reconcile (several share classes, dual listings), the company is left out of the size ranking rather than shown with a wrong number.
There are no quality filters here: this is size, not merit. The fair value gap and the one-month probability are shown for context.
Limits: market values move every day with prices and exchange rates, and the figure shown is the latest ATLAS has stored. A large company is not automatically a safe or cheap one. This is information, not investment advice.
Frequently asked questions
What are the largest companies in Switzerland?
In October 2026, the three largest listed companies in Switzerland by market value are Roche, Novartis, and Nestle. The three together are worth $896B.
How concentrated is the stock market in Switzerland?
The three largest companies account for 35% of the combined market value of the 176 companies on the list, a quick measure of concentration.
Is the biggest company the best investment?
No. Size says how much the market values a company today, not whether it is cheap or likely to rise. Compare the fair value gap and the ratios on each company page.
How is market value measured here?
Price times shares outstanding, in US dollars at the latest exchange rate ATLAS has stored. Companies whose share count does not reconcile with their stored value are left out.
How often is this list updated?
Prices and values come from ATLAS's stored data, refreshed every day, and this page is rebuilt at least every 6 hours.
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Largest companies: other countries
Information only, not investment advice. ATLAS estimates come from statistical models using public data; they can be wrong, and past results do not guarantee future ones. Disclaimer