Swedish (OMX) Utilities Sector Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies6
- 7D5.6%
- 3M18.1%
- 1Y-11.5%
- YTD7.1%
Over the last 7 days, the Utilities industry has risen 5.6%, driven by gains from Arise of 14%. However, the industry is down 12% over the past year. Earnings are forecast to grow by 37% annually.
Sector Valuation and Performance
Has the Swedish Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | kr6.2b | kr1.4b | kr72.1m | 16.4x | 86.4x | 4.3x |
| Sun, 14 Apr 2024 | kr6.1b | kr1.4b | kr103.7m | 16.5x | 59.1x | 4.3x |
| Tue, 12 Mar 2024 | kr5.3b | kr1.4b | kr107.0m | 11.9x | 49.6x | 3.8x |
| Thu, 08 Feb 2024 | kr5.3b | kr1.3b | -kr74,177,803.59 | 12x | -70.8x | 3.9x |
| Sat, 06 Jan 2024 | kr6.8b | kr1.5b | -kr91,845,847.00 | 13.7x | -74.2x | 4.6x |
| Mon, 04 Dec 2023 | kr6.6b | kr1.5b | -kr92,762,625.00 | 13.6x | -71.2x | 4.5x |
| Wed, 01 Nov 2023 | kr6.2b | kr2.3b | kr679.6m | 14.6x | 9.1x | 2.7x |
| Fri, 29 Sep 2023 | kr6.5b | kr2.3b | kr681.5m | 14.3x | 9.5x | 2.8x |
| Sun, 27 Aug 2023 | kr7.5b | kr2.3b | kr681.2m | 14.1x | 11x | 3.3x |
| Tue, 25 Jul 2023 | kr8.0b | kr2.2b | kr1.1b | 12.3x | 7x | 3.6x |
| Thu, 22 Jun 2023 | kr8.4b | kr2.1b | kr1.1b | 12.9x | 7.5x | 3.9x |
| Sat, 20 May 2023 | kr8.2b | kr2.1b | kr1.1b | 13.1x | 7.5x | 3.9x |
| Mon, 17 Apr 2023 | kr9.4b | kr2.0b | kr1.1b | 14.9x | 8.7x | 4.8x |
| Wed, 15 Mar 2023 | kr9.1b | kr2.0b | kr1.1b | 15.5x | 8.4x | 4.6x |
| Fri, 10 Feb 2023 | kr10.1b | kr1.7b | kr1.1b | 17.1x | 9.2x | 5.8x |
| Sun, 08 Jan 2023 | kr11.6b | kr1.7b | kr1.1b | 19.8x | 10.5x | 6.7x |
| Tue, 06 Dec 2022 | kr13.2b | kr1.7b | kr1.1b | 21.4x | 12x | 7.6x |
| Thu, 03 Nov 2022 | kr13.1b | kr978.8m | kr411.4m | 22.9x | 31.8x | 13.4x |
| Sat, 01 Oct 2022 | kr11.7b | kr951.9m | kr404.0m | 23.4x | 29x | 12.3x |
| Mon, 29 Aug 2022 | kr12.5b | kr943.2m | kr385.4m | 25.2x | 32.4x | 13.2x |
| Wed, 27 Jul 2022 | kr8.8b | kr913.7m | -kr10,293,813.00 | 21.6x | -850.8x | 9.6x |
| Fri, 24 Jun 2022 | kr4.7b | kr895.7m | kr103.2m | 19.6x | 45.7x | 5.3x |
| Sun, 22 May 2022 | kr5.1b | kr881.4m | kr100.9m | 21.2x | 50.8x | 5.8x |
| Tue, 19 Apr 2022 | kr6.3b | kr833.8m | kr85.6m | 40.7x | 73.3x | 7.5x |
| Thu, 17 Mar 2022 | kr5.9b | kr508.3m | -kr76,940,453.00 | 62.3x | -76.2x | 11.5x |
| Sat, 12 Feb 2022 | kr6.0b | kr450.1m | -kr186,775,677.00 | 1660x | -32.2x | 13.4x |
| Mon, 10 Jan 2022 | kr4.1b | kr450.1m | -kr186,775,677.00 | 1587.1x | -21.8x | 9x |
| Wed, 08 Dec 2021 | kr4.0b | kr450.5m | -kr186,815,450.00 | 1397.8x | -21.5x | 8.9x |
| Fri, 05 Nov 2021 | kr3.6b | kr340.2m | -kr291,484,526.00 | n/a | -12.4x | 10.6x |
| Sun, 03 Oct 2021 | kr2.6b | kr232.0m | kr25.6m | 0.6x | 100.9x | 11.1x |
| Tue, 31 Aug 2021 | kr2.6b | kr232.0m | -kr133,287,177.00 | n/a | -19.6x | 11.3x |
| Wed, 07 Jul 2021 | kr2.7b | kr232.0m | -kr133,287,177.00 | n/a | -19.9x | 11.4x |
Price to Earnings Ratio
-18.6x
Current Industry PE
- Investors are optimistic on the Swedish Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 86.4x which is higher than its 3-year average PE of -19.7x.
- The 3-year average PS ratio of 7.4x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 87% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Utilities sector?
| SE Market | 2.03% | |
| Utilities | 5.61% | |
| Renewable Energy | 6.33% | |
| Electric Utilities | 4.13% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | -4.18% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 5.5x.
- Analysts are expecting annual earnings growth of 36.9%, which is higher than its past year's earnings decline of 74.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 74% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 37% 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 | |
|---|---|---|---|---|---|
| ARISE Arise | kr47.25 | 15.5% +kr270.4m | -5.2% | PE9.9x | |
| DE Dala Energi | kr70.60 | 12.4% +kr193.2m | 25.2% | PE22.9x | |
| GIGA Gigasun | kr4.09 | 15.2% +kr30.9m | -59.9% | PS1.3x | |
| ORRON Orrön Energy | kr7.64 | 1.0% +kr22.3m | -29.7% | PS6.4x |