Swiss Stocks Fair Value: Roche, Novartis, Nestle…

Of the 56 Swiss companies below that have an ATLAS fair value estimate, 20 trade more than 8% below the model's central estimate, 10 within 8% of it and 26 more than 8% above it (median: price in line with fair value). Roche is the largest (market cap $361B); 54 of the 60 pay a dividend, with a median yield of 2.6%.

Updated Nov 3, 2026 · Source: EODHD / ATLAS model

#	Company	Price	ATLAS fair value	Range	Price vs fair value	Confidence	Dividend yield
1	RocheROP.SW	CHF 397.20	CHF 470.74	CHF 371.09–CHF 831.78	-16%	high	2.58%
2	NovartisNOVN.SW	CHF 131.52	CHF 212.84	CHF 147.18–CHF 307.79	-38%	medium	3.71%
3	NestleNESN.SW	CHF 84.64	CHF 86.55	CHF 55.55–CHF 134.84	-2.2%	medium	3.76%
4	ABBABBN.SW	CHF 71.34	CHF 52.53	CHF 34.80–CHF 70.00	+36%	high	1.59%
5	UBSUBSG.SW	CHF 39.79	CHF 27.63	CHF 24.86–CHF 30.39	+44%	medium
6	Compagnie Financière RichemontCFR.SW	CHF 166.95	CHF 121.30	CHF 98.05–CHF 175.07	+38%	high	2.17%
7	Zurich InsuranceZURN.SW	CHF 623.60	CHF 1,023	CHF 920.43–CHF 1,125	-39%	medium	6.17%
8	Swiss ReSREN.SW	CHF 153.65	CHF 118.95	CHF 107.06–CHF 130.85	+29%	medium	5.31%
9	LonzaLONN.SW	CHF 648.20	CHF 409.81	CHF 368.83–CHF 450.79	+58%	low	0.82%
10	Galderma Group NGALD.SW	CHF 191.50					0.25%
11	GivaudanGIVN.SW	CHF 4,000	CHF 3,324	CHF 1,884–CHF 4,446	+20%	high	1.81%
12	HolcimHOLN.SW	CHF 71.10	CHF 73.51	CHF 56.67–CHF 95.36	-3.3%	medium	2.62%
13	SwisscomSCMN.SW	CHF 700.00	CHF 410.46	CHF 330.27–CHF 505.03	+71%	medium	3.87%
14	SandozSDZ.SW	CHF 82.86	CHF 59.02	CHF 36.95–CHF 87.73	+40%	medium	1.32%
15	SikaSIKA.SW	CHF 184.75	CHF 203.16	CHF 120.92–CHF 341.32	-9.1%	medium	2.02%
16	Schindler PsSCHP.SW	CHF 306.40	CHF 373.09	CHF 295.61–CHF 551.11	-18%	high
17	SchindlerSCHN.SW	CHF 297.50	CHF 369.51	CHF 290.20–CHF 541.02	-19%	high
18	Kuehne & NagelKNIN.SW	CHF 241.40	CHF 191.22	CHF 111.53–CHF 327.87	+26%	medium	2.61%
19	AlconALC.SW	CHF 60.42	CHF 65.13	CHF 41.19–CHF 102.97	-7.2%	medium	0.65%
20	Swiss LifeSLHN.SW	CHF 959.60	CHF 733.12	CHF 659.81–CHF 806.43	+31%	medium	3.95%
21	HelvetiaHBAN.SW	CHF 219.60	CHF 78.83	CHF 70.94–CHF 86.71	+179%	low	3.63%
22	EMS-CHEMIEEMSN.SW	CHF 856.50	CHF 544.66	CHF 417.08–CHF 773.85	+57%	high	1.65%
23	SGSSGSN.SW	CHF 103.60	CHF 105.13	CHF 81.80–CHF 135.11	-1.5%	medium	3.24%
24	Chocoladefabriken Lindt & Spruengli AG PartLISP.SW	CHF 8,505	CHF 7,977	CHF 6,715–CHF 15,184	+6.6%	high	21.25%
25	VATVACN.SW	CHF 564.60					1.17%
26	GeberitGEBN.SW	CHF 589.00	CHF 396.97	CHF 308.39–CHF 608.48	+48%	high	2.32%
27	AmerizeAMRZ.SW	CHF 35.36	CHF 60.07	CHF 39.18–CHF 80.03	-41%	medium
28	Sonova HSOON.SW	CHF 285.20	CHF 232.42	CHF 165.60–CHF 321.52	+23%	high	1.66%
29	PartnersPGHN.SW	CHF 654.00	CHF 652.65	CHF 587.38–CHF 717.91	+0.2%	medium	7.52%
30	StraumannSTMN.SW	CHF 100.65	CHF 56.60	CHF 40.92–CHF 70.08	+78%	medium	1.04%
31	Julius Baer GruppeBAER.SW	CHF 69.56	CHF 73.24	CHF 65.91–CHF 80.56	-5.0%	medium	3.71%
32	Logitech InternationalLOGN.SW	CHF 78.52	CHF 94.30	CHF 76.49–CHF 116.25	-17%	medium	2.08%
33	Banque Cantonale VaudoiseBCVN.SW	CHF 132.70	CHF 86.97	CHF 78.27–CHF 95.66	+53%	medium	3.45%
34	Swiss Prime SiteSPSN.SW	CHF 131.70	CHF 54.75	CHF 20.27–CHF 137.91	+141%	medium	2.84%
35	BelimoBEAN.SW	CHF 793.50					1.33%
36	The SwatchUHR.SW	CHF 182.70	CHF 154.39	CHF 107.07–CHF 182.30	+18%	medium	2.46%
37	Swatch Group AG Class NUHRN.SW	CHF 35.10	CHF 30.32	CHF 21.03–CHF 35.80	+16%	medium	12.71%
38	PSP Swiss PropertyPSPN.SW	CHF 154.50	CHF 142.36	CHF 82.02–CHF 265.93	+8.5%	high	2.69%
39	Accelleron IndustriesACLN.SW	CHF 65.45	CHF 73.25	CHF 59.53–CHF 136.36	-11%	high	2.77%
40	BKWBKW.SW	CHF 124.00	CHF 138.75	CHF 101.10–CHF 244.33	-11%	high	3.17%
41	VZVZN.SW	CHF 169.80	CHF 89.68	CHF 80.71–CHF 98.65	+89%	medium	1.81%
42	BachemBANB.SW	CHF 83.70	CHF 38.82	CHF 26.25–CHF 56.83	+116%	medium	1.05%
43	AvoltaAVOL.SW	CHF 47.96	CHF 52.62	CHF 24.01–CHF 114.18	-8.9%	medium	2.54%
44	Luzerner KantonalbankLUKN.SW	CHF 129.00	CHF 112.39	CHF 101.15–CHF 123.62	+15%	medium	2.13%
45	Barry CallebautBARN.SW	CHF 1,209	CHF 1,336	CHF 881.36–CHF 2,005	-9.5%	medium	2.52%
46	Flughafen ZurichFHZN.SW	CHF 208.80	CHF 340.77	CHF 257.00–CHF 451.84	-39%	medium	4.28%
47	SulzerSUN.SW	CHF 185.50	CHF 210.92	CHF 135.74–CHF 327.75	-12%	medium	2.75%
48	SFSSFSN.SW	CHF 141.20	CHF 234.92	CHF 161.37–CHF 329.21	-40%	medium	1.80%
49	SIG CombiblocSIGN.SW	CHF 14.70	CHF 28.67	CHF 19.43–CHF 44.96	-49%	medium
50	SwissquoteSQN.SW	CHF 34.44	CHF 29.65	CHF 26.68–CHF 32.61	+16%	medium	2.11%
51	VontobelVONN.SW	CHF 91.90	CHF 90.45	CHF 81.41–CHF 99.50	+1.6%	medium	3.37%
52	YpsomedYPSN.SW	CHF 403.00	CHF 424.64	CHF 316.83–CHF 563.44	-5.1%	medium	1.11%
53	EmmiEMMN.SW	CHF 946.00	CHF 1,085	CHF 806.38–CHF 1,461	-13%	medium	1.92%
54	TemenosTEMN.SW	CHF 76.00	CHF 121.32	CHF 95.45–CHF 154.20	-37%	medium
55	EFG InternationalEFGN.SW	CHF 16.16	CHF 10.00	CHF 9.00–CHF 11.00	+62%	medium	4.05%
56	Georg FischerGF.SW	CHF 57.10					2.32%
57	DKSHDKSH.SW	CHF 77.00	CHF 113.83	CHF 86.67–CHF 149.49	-32%	medium	3.38%
58	InficonIFCN.SW	CHF 171.40	CHF 75.66	CHF 59.91–CHF 95.57	+127%	medium	1.36%
59	Galenica SanteGALE.SW	CHF 88.65	CHF 109.80	CHF 71.85–CHF 180.28	-19%	medium	2.85%
60	St Galler KantonalbankSGKN.SW	CHF 704.00	CHF 712.36	CHF 641.13–CHF 783.60	-1.2%	medium	2.86%

Price vs fair value = latest close ÷ ATLAS fair value − 1: negative means the price is below the model's central estimate, positive above. Ordered by market capitalization. Prices and fair values are in each company's trading currency.

How this list is built

Ranking: companies are ordered by market capitalization in US dollars (EODHD). Investment funds and trusts and duplicate share classes are removed. ATLAS publishes 154 companies (Switzerland); the 60 largest are shown.

Fair value: ATLAS estimates a fair value per share every night with its valuation model (discounted cash flow and/or sector multiples, depending on the company), with a low–high range and a low, medium or high confidence label. Latest model run: Nov 2, 2026.

Price vs fair value is a description of the model, not a forecast and not a recommendation to buy or sell. Models can be wrong; a price below the estimate can stay there. Dividend yield is the forward yield reported by EODHD.

Frequently asked questions

Are Swiss stocks undervalued?

ATLAS does not give a verdict: it compares each price with its own fair value estimate. As of Nov 3, 2026, of the 56 Swiss companies with an estimate, 20 trade more than 8% below the model's central estimate, 10 within 8% and 26 more than 8% above (median: price in line with fair value). This describes a model, not a forecast.

How does ATLAS estimate the fair value of European stocks?

Every night the ATLAS valuation model estimates a fair value per share (discounted cash flow and/or sector multiples, depending on the company) with a low–high range and a confidence label. Price vs fair value is the latest close divided by the central estimate, minus 1. The latest run in this list is from Nov 2, 2026.

Which Swiss companies trade furthest from their ATLAS fair value?

As of Nov 3, 2026, among the companies listed, SIG Combibloc has the largest gap below the model's central estimate (price -49% vs fair value) and Helvetia the largest gap above (price +179%). These are model outputs, not recommendations.

Is this a recommendation to buy or sell?

No. This page is 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.