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Swedish (OMX) Market Analysis & Valuation

UpdatedJan 03, 2025
DataAggregated Company Financials
Companies876
  • 7D1.9%
  • 3M-4.1%
  • 1Y7.6%
  • YTD0%

The market has climbed by 1.9% over the past week, with every sector up and the Industrials sector leading the way. As for the past 12 months, the market is up 7.6%. Earnings are forecast to grow by 15% annually.

Trending IndustriesOil and GasBiotechSoftware

Market Valuation and Performance

Has the Swedish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jan 2025SEK 10.9tSEK 6.0tSEK 587.9b23.5x18.5x1.8x
Sun, 01 Dec 2024SEK 10.9tSEK 6.0tSEK 589.8b22.9x18.4x1.8x
Tue, 29 Oct 2024SEK 11.2tSEK 5.9tSEK 572.3b23.4x19.6x1.9x
Thu, 26 Sep 2024SEK 11.8tSEK 6.1tSEK 554.1b23.5x21.3x1.9x
Sat, 24 Aug 2024SEK 11.6tSEK 6.1tSEK 548.7b23.1x21.1x1.9x
Mon, 22 Jul 2024SEK 11.6tSEK 6.1tSEK 546.7b23.3x21.3x1.9x
Wed, 19 Jun 2024SEK 11.4tSEK 6.0tSEK 511.1b23.1x22.2x1.9x
Fri, 17 May 2024SEK 11.6tSEK 6.1tSEK 533.9b22.8x21.8x1.9x
Sun, 14 Apr 2024SEK 11.1tSEK 6.0tSEK 523.3b21.9x21.3x1.8x
Tue, 12 Mar 2024SEK 11.1tSEK 6.0tSEK 513.3b20.6x21.5x1.8x
Thu, 08 Feb 2024SEK 10.5tSEK 6.0tSEK 508.6b21.6x20.7x1.8x
Sat, 06 Jan 2024SEK 10.3tSEK 6.0tSEK 440.8b22x23.4x1.7x
Mon, 04 Dec 2023SEK 9.8tSEK 6.0tSEK 442.0b20.4x22.2x1.6x
Wed, 01 Nov 2023SEK 8.9tSEK 6.0tSEK 450.9b17.8x19.8x1.5x
Fri, 29 Sep 2023SEK 9.2tSEK 6.0tSEK 489.3b17.4x18.7x1.5x
Sun, 27 Aug 2023SEK 9.2tSEK 6.0tSEK 489.8b18.5x18.9x1.6x
Tue, 25 Jul 2023SEK 9.8tSEK 5.9tSEK 483.6b19.4x20.2x1.7x
Thu, 22 Jun 2023SEK 9.8tSEK 5.7tSEK 412.1b19.1x23.9x1.7x
Sat, 20 May 2023SEK 10.1tSEK 5.6tSEK 400.9b19.5x25.2x1.8x
Mon, 17 Apr 2023SEK 9.3tSEK 5.3tSEK 409.8b19.9x22.7x1.7x
Wed, 15 Mar 2023SEK 8.9tSEK 5.3tSEK 403.0b19.1x22.1x1.7x
Fri, 10 Feb 2023SEK 9.3tSEK 5.2tSEK 462.8b17.6x20x1.8x
Sun, 08 Jan 2023SEK 9.3tSEK 5.1tSEK 505.3b16.2x18.4x1.8x
Tue, 06 Dec 2022SEK 9.5tSEK 5.1tSEK 502.4b16.7x19x1.9x
Thu, 03 Nov 2022SEK 8.8tSEK 5.1tSEK 515.4b15.4x17.2x1.7x
Sat, 01 Oct 2022SEK 8.3tSEK 4.9tSEK 569.5b14.4x14.5x1.7x
Mon, 29 Aug 2022SEK 9.0tSEK 4.8tSEK 572.7b16.6x15.8x1.9x
Wed, 27 Jul 2022SEK 9.3tSEK 4.8tSEK 560.8b16.4x16.5x1.9x
Fri, 24 Jun 2022SEK 8.7tSEK 4.7tSEK 663.1b15.8x13.2x1.9x
Sun, 22 May 2022SEK 9.8tSEK 4.7tSEK 661.5b17.5x14.8x2.1x
Tue, 19 Apr 2022SEK 10.7tSEK 4.7tSEK 795.7b20x13.5x2.3x
Thu, 17 Mar 2022SEK 11.1tSEK 4.9tSEK 825.6b19.8x13.5x2.3x
Sat, 12 Feb 2022SEK 11.6tSEK 4.8tSEK 791.9b22.2x14.7x2.4x
Mon, 10 Jan 2022SEK 12.6tSEK 4.7tSEK 674.7b23.5x18.6x2.7x
Price to Earnings Ratio

18.6x


Total Market Cap: SEK 12.6tTotal Earnings: SEK 674.7bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 19.4x202320242025
Current Market PE
  • Investors are relatively neutral on the Swedish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 19.4x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 4.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.4% 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.

Sector Trends

Which sectors have driven the changes within the Swedish Market?

SE Market1.91%
Energy4.56%
Telecom4.31%
Materials2.90%
Healthcare2.54%
Utilities2.28%
Financials2.25%
Consumer Discretionary2.17%
Real Estate1.73%
Tech1.47%
Industrials1.45%
Consumer Staples1.29%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 20.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 37.6%, which is higher than its past year's earnings growth of 13.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 61% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Financials sector is expected to see its earnings decline by 18% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
INVE A InvestorSEK 296.901.4%
+SEK 12.6b
30.7%PE4.4xFinancials
ATCO A Atlas CopcoSEK 171.651.0%
+SEK 8.0b
6.2%PE29.1xIndustrials
SWED A SwedbankSEK 224.303.1%
+SEK 7.5b
9.1%PB1.2xFinancials
SEB A Skandinaviska Enskilda BankenSEK 154.302.0%
+SEK 6.2b
8.8%PB1.4xFinancials
SHB A Svenska HandelsbankenSEK 116.752.5%
+SEK 5.5b
5.7%PB1.1xFinancials
See more
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Market Insights

First, let us say, Happy New Year! 2024 was a jam packed year, which no doubt kept a lot of us on our toes. So what does 2025 have in store for us...

Latest News

VIMIAN

SEK 40.20

Vimian Group

7D

-2.0%

1Y

37.1%

SHB A

SEK 116.10

Svenska Handelsbanken

7D

2.4%

1Y

4.7%

SEB A

SEK 152.75

Skandinaviska Enskilda Banken

7D

2.2%

1Y

7.6%

EQT

SEK 309.20

EQT

7D

2.2%

1Y

16.5%

BOOZT

SEK 122.70

Boozt

7D

-2.8%

1Y

-5.6%

IVSO

SEK 267.50

Invisio

7D

-3.1%

1Y

40.9%

ADDV A

SEK 9.10

ADDvise Group

7D

-17.6%

1Y

-49.4%