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Swedish (OMX) Communications Equipment Industry Analysis

UpdatedMay 16, 2024
DataAggregated Company Financials
Companies13
  • 7D3.7%
  • 3M6.4%
  • 1Y8.3%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has risen 3.7%, driven by gains from Telefonaktiebolaget LM Ericsson of 3.4%. In the same time, Maven Wireless Sweden was down 8.6%. In the last 12 months, the industry was up 8.3%. Earnings are forecast to grow by 72% annually.

Industry Valuation and Performance

Has the Swedish Communications Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 May 2024kr228.8bkr259.5b-kr24,900,625,997.0030.2x-9.2x0.9x
Sat, 13 Apr 2024kr207.0bkr268.8b-kr25,891,077,227.0028.6x-8x0.8x
Mon, 11 Mar 2024kr217.5bkr268.8b-kr25,893,300,227.0027.5x-8.4x0.8x
Wed, 07 Feb 2024kr215.3bkr268.7b-kr25,911,459,425.0031.1x-8.3x0.8x
Fri, 05 Jan 2024kr239.9bkr282.8b-kr23,167,536,425.0035.1x-10.4x0.8x
Sun, 03 Dec 2023kr199.3bkr282.8b-kr23,164,772,425.0032.8x-8.6x0.7x
Tue, 31 Oct 2023kr185.6bkr282.8b-kr23,176,756,962.0024.5x-8x0.7x
Thu, 28 Sep 2023kr201.7bkr286.1bkr12.7b21.5x15.9x0.7x
Sat, 26 Aug 2023kr205.7bkr286.1bkr12.7b22x16.2x0.7x
Mon, 24 Jul 2023kr202.9bkr286.1bkr12.7b25.5x16x0.7x
Wed, 21 Jun 2023kr223.4bkr284.0bkr17.9b26.9x12.5x0.8x
Fri, 19 May 2023kr211.3bkr283.9bkr17.9b29.6x11.8x0.7x
Sun, 16 Apr 2023kr234.8bkr276.0bkr19.2b26.7x12.2x0.9x
Tue, 14 Mar 2023kr222.8bkr276.1bkr19.2b30.5x11.6x0.8x
Thu, 09 Feb 2023kr231.3bkr275.9bkr19.2b34.6x12.1x0.8x
Sat, 07 Jan 2023kr235.2bkr261.1bkr23.1b34x10.2x0.9x
Mon, 05 Dec 2022kr249.7bkr260.8bkr23.1b34.5x10.8x1x
Wed, 02 Nov 2022kr223.2bkr260.6bkr23.1b29.9x9.7x0.9x
Fri, 30 Sep 2022kr235.4bkr248.7bkr23.6b35.1x10x0.9x
Sun, 28 Aug 2022kr283.4bkr248.7bkr23.6b47.8x12x1.1x
Tue, 26 Jul 2022kr277.3bkr248.6bkr23.6b46.6x11.8x1.1x
Thu, 23 Jun 2022kr286.8bkr241.0bkr22.7b47.7x12.6x1.2x
Sat, 21 May 2022kr282.8bkr241.0bkr22.7b48.5x12.5x1.2x
Mon, 18 Apr 2022kr307.5bkr240.9bkr22.7b50.3x13.5x1.3x
Wed, 16 Mar 2022kr298.8bkr235.6bkr22.9b50x13x1.3x
Fri, 11 Feb 2022kr414.6bkr235.6bkr22.9b53.6x18.1x1.8x
Sun, 09 Jan 2022kr364.8bkr233.6bkr20.3b62x18x1.6x
Tue, 07 Dec 2021kr342.8bkr233.6bkr20.3b60.3x16.9x1.5x
Thu, 04 Nov 2021kr343.4bkr233.5bkr20.3b64.4x16.9x1.5x
Sat, 02 Oct 2021kr351.7bkr234.6bkr19.9b55.6x17.7x1.5x
Mon, 30 Aug 2021kr369.3bkr234.6bkr19.9b59.7x18.6x1.6x
Tue, 06 Jul 2021kr379.9bkr234.6bkr19.9b54.7x19.1x1.6x
Price to Earnings Ratio

20.8x


Total Market Cap: kr386.3bTotal Earnings: kr18.6bTotal Revenue: kr235.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Equipment Industry Price to Earnings3Y Average 9.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Communications Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
  • Total earnings for the Communications Equipment industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 3.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Swedish Communications Equipment compare with similar industries?

SE Market2.51%
Tech2.54%
Communications3.72%
Communications Equipment3.72%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ERIC B Telefonaktiebolaget LM Ericssonkr60.063.4%
+kr6.7b		10.9%PS0.8x
HMS HMS Networkskr450.007.9%
+kr1.7b		-7.1%PE44.7x
TAGM B TagMasterkr20.502.5%
+kr7.3m		67.3%PE29.4x
GAPW B Gapwaveskr15.380.9%
+kr4.4m		-35.9%PS12.7x
NETI B Net Insightkr5.300.2%
+kr3.5m		5.9%PE28.9x
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Latest News

TCC A

kr23.90

TCECUR Sweden

7D

-3.6%

1Y

-53.5%

GAPW B

kr15.38

Gapwaves

7D

0.9%

1Y

-35.9%

INCOAX

kr2.69

InCoax Networks

7D

-1.8%

1Y

17.5%

ERIC B

kr60.06

Telefonaktiebolaget LM Ericsson

7D

3.4%

1Y

10.9%

MAVEN

kr17.00

Maven Wireless Sweden

7D

-8.6%

1Y

23.2%

This Analyst Just Downgraded Their Maven Wireless Sweden AB (Publ) (STO:MAVEN) EPS Forecasts

May 10
This Analyst Just Downgraded Their Maven Wireless Sweden AB (Publ) (STO:MAVEN) EPS Forecasts

NETI B

kr5.30

Net Insight

7D

0.2%

1Y

5.9%

Increases to CEO Compensation Might Be Put On Hold For Now at Net Insight AB (publ) (STO:NETI B)

May 01
Increases to CEO Compensation Might Be Put On Hold For Now at Net Insight AB (publ) (STO:NETI B)

KEBNI B

kr1.45

KebNi

7D

-2.3%

1Y

42.2%

TAGM B

kr20.50

TagMaster

7D

2.5%

1Y

67.3%

TagMaster AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 28
TagMaster AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

HMS

kr450.00

HMS Networks

7D

7.9%

1Y

-7.1%

LUMEN

kr106.00

LumenRadio

7D

-1.7%

1Y

-13.0%

HDW B

kr0.019

Hitech & Development Wireless Sweden Holding

7D

2.1%

1Y

-85.7%

WAYS

kr21.35

Waystream Holding

7D

-2.7%

1Y

-51.1%

Market Cool On Waystream Holding AB (publ)'s (STO:WAYS) Revenues Pushing Shares 27% Lower

Feb 22
Market Cool On Waystream Holding AB (publ)'s (STO:WAYS) Revenues Pushing Shares 27% Lower

F2M

kr0.03

Free2move Holding

7D

7.1%

1Y

-84.2%