Undervalued Stocks in Switzerland (October 2026)

ATLAS compares every company's price with its estimated fair value. Of 176 listed companies in Switzerland, 42 trade between 10% and 70% below that estimate, with medium or high confidence in it and positive earnings. The median gap among them is 30% below fair value. Here are the 25 with the widest gap.

Data as of Oct 30, 2026. Prices and ratios are the latest stored close; this page refreshes at least every 6 hours.

#CompanyPriceBelow fair valueP/EConfidenceChance up (1 month)
1MEDX.SWmedmixCHF 10.3860%medium52%
2GRKP.SWGraubuendner KantonalbankCHF 2,55058%8.1medium53%
3ARYN.SWAryztaCHF 40.0054%10.4medium50%
4BCHN.SWBurckhardt CompressionCHF 477.5053%14.7medium52%
5HIAG.SWHIAG ImmobilienCHF 131.4052%8.6medium54%
6OFN.SWOrell FuessliCHF 138.0050%16.4medium52%
7MTG.SWMeier ToblerCHF 37.6046%25.8medium52%
8SFZN.SWSiegfriedCHF 70.8046%18.3medium51%
9CPHN.SWCPH Chemie und PapierCHF 57.0045%16.4medium53%
10SWON.SWSoftwareONECHF 9.5243%56.8medium50%
11BUCN.SWBucher IndustriesCHF 328.0041%17.9medium54%
12AMRZ.SWAmerizeCHF 34.1441%19.0medium51%
13BCGE.SWBanque Cantonale de GeneveCHF 34.8041%10.1medium54%
14SFSN.SWSFSCHF 141.2039%21.2medium54%
15TEMN.SWTemenosCHF 75.7038%29.9medium51%
16FHZN.SWFlughafen ZurichCHF 202.8038%17.4medium52%
17NOVN.SWNovartisCHF 132.3037%23.8medium51%
18ALSN.SWAlsoCHF 212.5037%20.8medium51%
19ADEN.SWAdecco Group AG Class NCHF 22.8634%13.3medium50%
20DKSH.SWDKSHCHF 77.2032%23.4medium54%
21DOKA.SWDorma KabaCHF 69.4030%29.0high51%
22REHN.SWROMANDE ENERGIECHF 48.4030%14.1medium52%
23ZURN.SWZurich InsuranceCHF 621.4028%15.8medium55%
24CMBN.SWCembra Money BankCHF 89.6026%13.9medium55%
25CLTN.SWColteneCHF 48.6026%19.8high52%

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.

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The top 10 in a sentence

  • medmix (MEDX.SW) trades 60% below ATLAS fair value. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
  • Graubuendner Kantonalbank (GRKP.SW) trades 58% below ATLAS fair value, at a P/E of 8.1. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
  • Aryzta (ARYN.SW) trades 54% below ATLAS fair value, at a P/E of 10.4. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 50% chance of closing higher in a month.
  • Burckhardt Compression (BCHN.SW) trades 53% below ATLAS fair value, at a P/E of 14.7. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
  • HIAG Immobilien (HIAG.SW) trades 52% below ATLAS fair value, at a P/E of 8.6. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 54% chance of closing higher in a month.
  • Orell Fuessli (OFN.SW) trades 50% below ATLAS fair value, at a P/E of 16.4. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
  • Meier Tobler (MTG.SW) trades 46% below ATLAS fair value, at a P/E of 25.8. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 52% chance of closing higher in a month.
  • Siegfried (SFZN.SW) trades 46% below ATLAS fair value, at a P/E of 18.3. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 51% chance of closing higher in a month.
  • CPH Chemie und Papier (CPHN.SW) trades 45% below ATLAS fair value, at a P/E of 16.4. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 53% chance of closing higher in a month.
  • SoftwareONE (SWON.SW) trades 43% below ATLAS fair value, at a P/E of 56.8. ATLAS rates its confidence in that estimate as medium. ATLAS gives it a 50% chance of closing higher in a month.

How ATLAS finds undervalued stocks in Switzerland

Fair value is ATLAS estimate of what a share is worth given the company's cash flows and the multiples of comparable companies, refreshed every night. The gap is price divided by fair value, minus 1. We keep gaps between 10% and 70% below fair value: deeper gaps usually signal bad inputs or a business in trouble rather than a bargain.

Only estimates with medium or high confidence count. The company must also have positive earnings (positive P/E or margin), a market value above USD 300 million and enough trading volume. The list is sorted by the size of the gap.

Limits: a share can stay below its estimated value for years, and the model can be wrong, especially for banks, cyclical businesses and companies with one-off items. Being below fair value is not a recommendation to buy. The probability of a higher close is shown for context. This is information, not investment advice.

Frequently asked questions

Which stocks in Switzerland are the most undervalued?

In October 2026, the widest gaps below ATLAS fair value among 42 qualifying companies belong to medmix, Graubuendner Kantonalbank, and Aryzta. medmix leads at 60% below its estimate.

What does "undervalued" mean here?

That the share price is at least 10% below ATLAS estimate of what the company is worth, using cash flows and comparable multiples. It is a model output, not a judgement on the business.

Does undervalued mean the stock will go up?

No. Prices can stay below estimated value for years, and estimates change when results change. The one-month probability in the table is separate and is close to a coin flip for most stocks.

How much of the market in Switzerland looks undervalued?

42 of 176 listed companies pass the filter. The median gap among them is 30% below fair value, and 17 of them are in Industrials, the most represented sector.

How often is this list updated?

Fair values are refreshed every night and this page is rebuilt at least every 6 hours. The month in the title follows the date of the data.

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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

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