October 2026
Largest Electronic Components Public Companies in Switzerland
Benchmark revenue and EBITDA valuation multiples for public comps like
STMicroelectronics, Huber+Suhner, LEM Holding, R&S Group Holding and Cicor Group.
 | STMicroelectronics is a global semiconductor company designing and manufacturing chips for electronic products and systems. Its product range includes microcontrollers, analog devices, power semiconductors and sensors. Customers incorporate these components into vehicles, industrial equipment, consumer electronics, communications products and connected devices. The company combines research and product design with semiconductor manufacturing and testing operations, supplying both broadly used components and application-specific technologies. Its chips support functions such as processing, sensing, power control and connectivity in customers' finished products. Revenue is earned from semiconductor product sales to equipment manufacturers and other business customers, including sales through distribution channels. STMicroelectronics has operational headquarters in Switzerland and is incorporated in the Netherlands. The company was formed in 1987 from the combination of SGS Microelettronica and Thomson's semiconductor operations. | $52 | +111% | $47B | $45B | 3.8x | 21.4x | ||
| Huber& Suhner AG is a Switzerland-based company that designs and creates connections for data and power transmission. It specializes in electrical and optical connectivity components and system solutions that deliver high performance, quality, reliability, and a long service life even under the toughest of conditions. The company has three reportable segments Industry, Communication, and Transportation. It generates the majority of revenue from the Industry segment. Its product portfolio includes radio frequency and microwave products; fiber-optic products involving ultra-high data transmission speeds; low-frequency products such as databus, signal, and power cables; and passive components such as cables, connectors, assemblies, and antennas. | $212 | +15% | $3.9B | $3.7B | 3.6x | 24.8x | ||
| LEM Holding SA is a Switzerland-based holding company. Along with its subsidiaries, it manufactures and distributes electrical measurement components for products with automotive, railway, battery monitoring, and wireless submetering network measuring applications. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The firm's operations are broadly organized in two reportable segments, namely Asia and Europe/Americas. It derives maximum revenue from the Asia segment, which includes its business in China, Japan, South Korea, India, and Southeast Asia. Geographically, the company generates maximum revenue from China, followed by the USA, Germany, Japan, and other regions. | $817 | +43% | $930M | $1B | 3.0x | 19.7x | ||
| R&S Group Holding AG is a Switzerland-based company operating in the utility, infrastructure, and industrial sectors. The company manufactures and supplies electrical infrastructure products, including small, medium, and high-power distribution transformers, as well as other related electrical components. It operates manufacturing facilities across Europe and the Middle East and also provides related services such as maintenance, modernization, and diagnostic solutions. | $20 | -39% | $749M | $835M | 1.7x | 8.2x | ||
| Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company. | $167 | -40% | $727M | $827M | 1.1x | 14.1x | ||
| Elma Electronic AG is a Switzerland-based company. It acts as a manufacturer of electronic packaging products for the embedded systems market from components, backplanes, storage boards and chassis platforms to fully integrated systems. The product line of the company includes embedded boards such as mass storage, ethernet and PCIe switches, architecture solutions, embedded computing systems, system accessories, and rack level services. It also offers engineering services, contract manufacturing, system integration, customization and other services. | $1,587 | +1% | $363M | $406M | 1.9x | 35.6x | ||
| Median | $189 | +8% | $839M | $937M | 2.5x | 20.6x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.