KABE Group AB (publ.) (STO:KABE B) Has A Rock Solid Balance Sheet
Aug 25
Swedish (OMX) Automobile Manufacturers Industry Analysis
UpdatedSep 22, 2023
DataAggregated Company Financials
Companies5
- 7D7.9%
- 3M3.4%
- 1Y-15.5%
- YTD-10.7%
Over the last 7 days, the Automobile Manufacturers industry has risen 7.9%, driven by gains from Volvo Car AB (publ.) of 8.0%. Meanwhile, Ellwee actually underperformed within the industry, shrinking 7.1% in the last week. In the past year, the industry is down 15%. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Swedish Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 22 Sep 2023 | kr134.6b | kr386.9b | kr9.9b | 13.6x | 13.6x | 0.3x |
| Sun, 20 Aug 2023 | kr136.0b | kr386.8b | kr9.9b | 11x | 13.8x | 0.4x |
| Tue, 18 Jul 2023 | kr144.8b | kr355.9b | kr15.4b | 9.1x | 9.4x | 0.4x |
| Thu, 15 Jun 2023 | kr135.4b | kr355.9b | kr15.4b | 9x | 8.8x | 0.4x |
| Sat, 13 May 2023 | kr113.0b | kr355.7b | kr15.4b | 7.6x | 7.3x | 0.3x |
| Mon, 10 Apr 2023 | kr123.0b | kr334.2b | kr15.6b | 8x | 7.9x | 0.4x |
| Wed, 08 Mar 2023 | kr154.4b | kr334.2b | kr15.6b | 9.4x | 9.9x | 0.5x |
| Fri, 03 Feb 2023 | kr168.2b | kr308.9b | kr15.0b | 9.6x | 11.2x | 0.5x |
| Sun, 01 Jan 2023 | kr143.1b | kr308.9b | kr15.0b | 8.4x | 9.5x | 0.5x |
| Tue, 29 Nov 2022 | kr150.6b | kr308.9b | kr15.0b | 8.9x | 10x | 0.5x |
| Thu, 27 Oct 2022 | kr139.9b | kr290.2b | kr16.8b | 8x | 8.3x | 0.5x |
| Sat, 24 Sep 2022 | kr154.2b | kr290.2b | kr16.8b | 7.9x | 9.2x | 0.5x |
| Mon, 22 Aug 2022 | kr214.8b | kr290.2b | kr16.9b | 10.7x | 12.7x | 0.7x |
| Wed, 20 Jul 2022 | kr225.2b | kr291.4b | kr10.5b | 14.8x | 21.5x | 0.8x |
| Fri, 17 Jun 2022 | kr213.9b | kr291.4b | kr10.5b | 14.5x | 20.5x | 0.7x |
| Sun, 15 May 2022 | kr228.9b | kr291.4b | kr10.5b | 15.8x | 21.9x | 0.8x |
| Tue, 12 Apr 2022 | kr207.5b | kr285.5b | kr12.3b | 13.4x | 16.8x | 0.7x |
| Thu, 10 Mar 2022 | kr177.3b | kr285.5b | kr12.2b | 11.7x | 14.5x | 0.6x |
| Sat, 05 Feb 2022 | kr204.2b | kr290.5b | kr15.1b | 13.4x | 13.5x | 0.7x |
| Mon, 03 Jan 2022 | kr232.4b | kr290.5b | kr15.1b | 14.9x | 15.4x | 0.8x |
| Wed, 01 Dec 2021 | kr234.6b | kr295.4b | kr15.7b | 14x | 15x | 0.8x |
| Fri, 29 Oct 2021 | kr62.8b | kr295.1b | kr15.7b | 9x | 4x | 0.2x |
| Sun, 26 Sep 2021 | kr2.5b | kr2.9b | kr2.6m | 15x | 970.9x | 0.9x |
| Tue, 24 Aug 2021 | kr2.5b | kr2.9b | kr2.6m | 14.7x | 966.3x | 0.9x |
| Wed, 30 Jun 2021 | kr2.8b | kr2.9b | kr2.6m | 13.9x | 1084.6x | 1x |
| Sat, 03 Apr 2021 | kr2.9b | kr2.5b | kr1.3m | 18.8x | 2247.3x | 1.2x |
| Tue, 05 Jan 2021 | kr2.5b | kr2.3b | -kr4,924,180.00 | 22.2x | -505.1x | 1.1x |
| Fri, 09 Oct 2020 | kr2.0b | kr2.2b | -kr22,902,241.00 | 26x | -88.5x | 0.9x |
Price to Earnings Ratio
-88.5x
Current Industry PE
- Investors are pessimistic on the Swedish Automobile Manufacturers industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.6x which is lower than its 3-year average PE of 287x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- Total earnings for the Automobile Manufacturers industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 460% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Swedish Automobile Manufacturers compare with similar industries?
| SE Market | -0.71% | |
| Consumer Discretionary | -3.95% | |
| Auto | 7.87% | |
| Automobile Manufacturers | 7.88% | |
| Motorcycle Manufacturers | 4.15% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VOLCAR B Volvo Car AB (publ.) | kr44.28 | 8.0% +kr9.7b | -15.8% | PE13.6x | |
| KABE B KABE Group AB (publ.) | kr282.50 | 4.1% +kr99.0m | 67.0% | PE9.9x |