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Swedish (OMX) Market Analysis & Valuation

UpdatedJun 23, 2025
DataAggregated Company Financials
Companies855
  • 7D-0.4%
  • 3M-6.3%
  • 1Y-5.3%
  • YTD-3.9%

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 4.5%. Unfortunately though, the market is down 5.3% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Jun 2025SEK 10.6tSEK 5.8tSEK 496.8b22.4x21.3x1.8x
Wed, 21 May 2025SEK 11.1tSEK 5.8tSEK 468.2b22.5x23.7x1.9x
Fri, 18 Apr 2025SEK 10.2tSEK 5.9tSEK 541.4b20.4x18.8x1.7x
Sun, 16 Mar 2025SEK 11.4tSEK 5.9tSEK 547.5b22.3x20.8x1.9x
Tue, 11 Feb 2025SEK 11.6tSEK 5.9tSEK 524.2b23.3x22.1x2x
Thu, 09 Jan 2025SEK 10.9tSEK 6.0tSEK 588.1b23x18.5x1.8x
Sat, 07 Dec 2024SEK 11.2tSEK 6.0tSEK 588.9b23.2x19.1x1.9x
Mon, 04 Nov 2024SEK 10.9tSEK 5.9tSEK 573.6b23.1x19.1x1.8x
Wed, 02 Oct 2024SEK 11.8tSEK 6.1tSEK 552.7b23.4x21.4x1.9x
Fri, 30 Aug 2024SEK 11.7tSEK 6.1tSEK 547.8b23.2x21.3x1.9x
Sun, 28 Jul 2024SEK 11.6tSEK 6.1tSEK 544.0b23.2x21.4x1.9x
Tue, 25 Jun 2024SEK 11.5tSEK 6.0tSEK 511.5b23x22.5x1.9x
Thu, 23 May 2024SEK 11.7tSEK 6.1tSEK 531.6b23x22.1x1.9x
Sat, 20 Apr 2024SEK 11.1tSEK 6.0tSEK 562.6b21.8x19.6x1.8x
Mon, 18 Mar 2024SEK 11.2tSEK 6.0tSEK 514.3b21.1x21.9x1.9x
Wed, 14 Feb 2024SEK 10.6tSEK 6.0tSEK 485.3b21.9x21.7x1.8x
Fri, 12 Jan 2024SEK 10.3tSEK 6.0tSEK 440.9b22.2x23.3x1.7x
Sun, 10 Dec 2023SEK 10.1tSEK 6.0tSEK 442.1b20.5x22.8x1.7x
Tue, 07 Nov 2023SEK 9.2tSEK 6.0tSEK 447.0b18.5x20.6x1.5x
Thu, 05 Oct 2023SEK 9.2tSEK 6.0tSEK 489.7b17.5x18.8x1.5x
Sat, 02 Sep 2023SEK 9.5tSEK 6.0tSEK 489.6b18.7x19.3x1.6x
Mon, 31 Jul 2023SEK 9.8tSEK 5.9tSEK 484.4b19.6x20.3x1.7x
Wed, 28 Jun 2023SEK 9.7tSEK 5.7tSEK 411.8b18.9x23.7x1.7x
Fri, 26 May 2023SEK 9.8tSEK 5.6tSEK 400.2b19.5x24.5x1.7x
Sun, 23 Apr 2023SEK 10.0tSEK 5.5tSEK 438.7b20x22.8x1.8x
Tue, 21 Mar 2023SEK 8.6tSEK 5.3tSEK 402.4b18.6x21.4x1.6x
Thu, 16 Feb 2023SEK 9.2tSEK 5.3tSEK 442.1b19x20.9x1.8x
Sat, 14 Jan 2023SEK 9.7tSEK 5.1tSEK 505.7b16.9x19.2x1.9x
Mon, 12 Dec 2022SEK 9.4tSEK 5.1tSEK 510.8b16.2x18.5x1.9x
Wed, 09 Nov 2022SEK 9.0tSEK 5.1tSEK 509.0b15.7x17.6x1.8x
Fri, 07 Oct 2022SEK 8.5tSEK 4.9tSEK 569.2b14.9x14.8x1.7x
Sun, 04 Sep 2022SEK 8.9tSEK 4.8tSEK 573.2b16.3x15.6x1.8x
Tue, 02 Aug 2022SEK 9.6tSEK 4.8tSEK 561.8b17x17.1x2x
Thu, 30 Jun 2022SEK 8.9tSEK 4.7tSEK 663.5b15.9x13.4x1.9x
Price to Earnings Ratio

13.4x


Total Market Cap: SEK 8.9tTotal Earnings: SEK 663.5bTotal Revenue: SEK 4.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Market Price to Earnings3Y Average 20.3x202320242025
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 20.3x.
Past Earnings Growth
  • The earnings for Swedish listed companies have declined 9.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.3% 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 Market-0.43%
Real Estate4.48%
Financials-0.12%
Consumer Discretionary-0.16%
Tech-0.41%
Materials-0.50%
Telecom-0.61%
Energy-0.78%
Industrials-1.07%
Consumer Staples-1.65%
Healthcare-1.71%
Utilities-6.88%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 13.9x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 20.9%, which is higher than its past year's earnings growth of 8.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 128% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Utilities sector is expected to see its earnings decline by 30% 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
SAAB B SaabSEK 492.105.0%
+SEK 12.6b		100.6%PE56.5xIndustrials
BALD B Fastighets AB BalderSEK 67.563.0%
+SEK 2.3b		-4.2%PE12.2xReal Estate
SCA B Svenska Cellulosa AktiebolagetSEK 126.652.3%
+SEK 2.0b		-19.0%PE24.4xMaterials
WIHL Wihlborgs FastigheterSEK 99.507.0%
+SEK 2.0b		1.4%PE17.1xReal Estate
SAGA A AB SagaxSEK 211.001.4%
+SEK 1.4b		-21.0%PE19.4xReal Estate
See more

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H100 Group
7D
92.6%
1Y
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EPI A
SEK 207.80
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