Inission AB (publ) (STO:INISS B) Stock Catapults 28% Though Its Price And Business Still Lag The Market
May 14
Swedish (OMX) Electrical Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies20
- 7D3.0%
- 3M12.8%
- 1Y-14.7%
- YTD13.0%
Over the last 7 days, the Electrical industry has risen 3.0%, driven by gains from AQ Group of 8.1%. During this same period, the Fagerhult Group underperformed, falling 6.3%. In the past year, the industry is down 15%. Earnings are forecast to grow by 45% annually.
Industry Valuation and Performance
Has the Swedish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | kr43.0b | kr34.9b | kr945.0m | 18x | 45.5x | 1.2x |
| Sun, 14 Apr 2024 | kr39.5b | kr36.1b | kr1.1b | 15.4x | 36.6x | 1.1x |
| Tue, 12 Mar 2024 | kr37.5b | kr36.0b | kr1.1b | 15.8x | 34x | 1x |
| Thu, 08 Feb 2024 | kr38.8b | kr35.9b | kr1.0b | 19.2x | 37x | 1.1x |
| Sat, 06 Jan 2024 | kr40.0b | kr36.6b | -kr652,506,058.00 | 19.2x | -61.3x | 1.1x |
| Mon, 04 Dec 2023 | kr37.7b | kr36.7b | -kr429,231,088.00 | 18x | -87.9x | 1x |
| Wed, 01 Nov 2023 | kr35.5b | kr36.4b | -kr412,791,943.00 | 14.8x | -86.1x | 1x |
| Fri, 29 Sep 2023 | kr39.3b | kr35.7b | -kr385,819,683.00 | 14.4x | -101.9x | 1.1x |
| Sun, 27 Aug 2023 | kr43.3b | kr35.0b | -kr423,519,374.00 | 12.8x | -102.2x | 1.2x |
| Tue, 25 Jul 2023 | kr53.4b | kr34.2b | -kr436,723,792.00 | 17.8x | -122.2x | 1.6x |
| Thu, 22 Jun 2023 | kr51.9b | kr33.4b | -kr507,972,210.00 | 16.9x | -102.1x | 1.6x |
| Sat, 20 May 2023 | kr53.3b | kr32.9b | -kr465,948,356.00 | 18.1x | -114.3x | 1.6x |
| Mon, 17 Apr 2023 | kr61.6b | kr31.2b | -kr655,224,567.00 | 23.2x | -94x | 2x |
| Wed, 15 Mar 2023 | kr66.9b | kr31.3b | -kr674,422,533.00 | 25.7x | -99.2x | 2.1x |
| Fri, 10 Feb 2023 | kr69.9b | kr27.6b | -kr661,382,005.00 | 24.2x | -105.6x | 2.5x |
| Sun, 08 Jan 2023 | kr63.9b | kr28.5b | -kr639,886,562.00 | 25.4x | -99.8x | 2.2x |
| Tue, 06 Dec 2022 | kr71.6b | kr28.4b | -kr612,537,954.00 | 26.6x | -116.8x | 2.5x |
| Thu, 03 Nov 2022 | kr70.7b | kr27.8b | -kr766,003,513.00 | 39.8x | -92.3x | 2.5x |
| Sat, 01 Oct 2022 | kr60.6b | kr26.2b | -kr1,016,478,312.00 | 37.4x | -59.7x | 2.3x |
| Mon, 29 Aug 2022 | kr71.1b | kr26.1b | -kr1,020,387,122.00 | 37.6x | -69.7x | 2.7x |
| Wed, 27 Jul 2022 | kr75.5b | kr24.6b | -kr1,041,656,492.00 | 40.5x | -72.5x | 3.1x |
| Fri, 24 Jun 2022 | kr61.2b | kr24.2b | -kr1,057,862,891.00 | 35.4x | -57.8x | 2.5x |
| Sun, 22 May 2022 | kr64.9b | kr24.2b | -kr1,046,955,580.00 | 39.1x | -62x | 2.7x |
| Tue, 19 Apr 2022 | kr77.6b | kr22.8b | -kr930,325,678.00 | 59.6x | -83.4x | 3.4x |
| Thu, 17 Mar 2022 | kr70.7b | kr22.7b | -kr1,120,519,166.00 | 51.5x | -63.1x | 3.1x |
| Sat, 12 Feb 2022 | kr77.3b | kr21.1b | -kr629,447,489.00 | 68.2x | -122.8x | 3.7x |
| Mon, 10 Jan 2022 | kr88.0b | kr21.1b | -kr633,601,485.00 | 78.9x | -138.9x | 4.2x |
| Wed, 08 Dec 2021 | kr88.0b | kr21.1b | -kr650,016,976.00 | 79.9x | -135.3x | 4.2x |
| Fri, 05 Nov 2021 | kr89.3b | kr20.7b | -kr571,036,652.00 | 78.2x | -156.3x | 4.3x |
| Sun, 03 Oct 2021 | kr78.7b | kr19.2b | -kr855,036,008.00 | 58.5x | -92.1x | 4.1x |
| Tue, 31 Aug 2021 | kr80.6b | kr19.2b | -kr835,086,235.07 | 65.9x | -96.5x | 4.2x |
| Wed, 07 Jul 2021 | kr73.4b | kr19.2b | -kr835,086,235.07 | 52.1x | -87.9x | 3.8x |
Price to Earnings Ratio
179.5x
Current Industry PE
- Investors are optimistic on the Swedish Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 45.5x which is higher than its 3-year average PE of -75.0x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 38% per year over the last three years.
- Revenues for these companies have grown 26% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | 2.03% | |
| Industrials | 1.94% | |
| Electrical | 2.97% | |
| Heavy Electrical Equipment | 7.83% | |
| Electrical Components | 2.86% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 78.2x.
- Analysts are expecting annual earnings growth of 41.8%, which is higher than its past year's earnings growth of 12.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 146% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 42% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AQ AQ Group | kr720.00 | 4.5% +kr567.1m | 58.1% | PE20x | |
| HTRO Hexatronic Group | kr42.16 | 6.8% +kr542.1m | -38.0% | PE12.5x | |
| PCELL PowerCell Sweden | kr30.94 | 17.6% +kr240.9m | -65.4% | PS5.2x | |
| INISS B Inission | kr52.40 | 6.5% +kr70.8m | -17.5% | PE11.3x | |
| CTEK CTEK | kr20.65 | 3.4% +kr46.9m | 8.2% | PS1.6x |
