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Swedish (OMX) Hospitality Industry Analysis

UpdatedMay 22, 2026
DataAggregated Company Financials
Companies18
  • 7D5.5%
  • 3M19.7%
  • 1Y0.6%
  • YTD4.0%

Over the last 7 days, the Hospitality industry has risen 5.5%, driven by gains from Evolution of 8.9%. Meanwhile, Better Collective actually underperformed within the industry, shrinking 7.7% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 8.6% annually.

Industry Valuation and Performance

Has the Swedish Hospitality Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 May 2026SEK 199.8bSEK 74.5bSEK 14.8b19.2x13.5x2.7x
Sun, 19 Apr 2026SEK 195.8bSEK 74.1bSEK 15.0b13x13.1x2.6x
Tue, 17 Mar 2026SEK 182.5bSEK 73.9bSEK 14.8b11.1x12.3x2.5x
Thu, 12 Feb 2026SEK 173.9bSEK 72.8bSEK 14.7b11.2x11.8x2.4x
Sat, 10 Jan 2026SEK 193.3bSEK 75.2bSEK 15.8b10.9x12.2x2.6x
Mon, 08 Dec 2025SEK 186.8bSEK 72.0bSEK 16.0b10.3x11.7x2.6x
Wed, 05 Nov 2025SEK 187.3bSEK 72.0bSEK 15.4b12.3x12.1x2.6x
Fri, 03 Oct 2025SEK 212.2bSEK 71.9bSEK 16.2b13x13.1x3x
Sun, 31 Aug 2025SEK 228.0bSEK 72.2bSEK 16.3b12.4x14x3.2x
Tue, 29 Jul 2025SEK 238.7bSEK 72.2bSEK 16.3b16.1x14.7x3.3x
Thu, 26 Jun 2025SEK 212.1bSEK 72.0bSEK 16.3b15x13x2.9x
Sat, 24 May 2025SEK 193.8bSEK 71.1bSEK 16.1b15.2x12.1x2.7x
Mon, 21 Apr 2025SEK 225.5bSEK 70.6bSEK 16.6b12.3x13.6x3.2x
Wed, 19 Mar 2025SEK 222.8bSEK 70.4bSEK 16.4b12x13.6x3.2x
Fri, 14 Feb 2025SEK 234.6bSEK 71.4bSEK 17.1b12.7x13.7x3.3x
Sun, 12 Jan 2025SEK 227.1bSEK 69.8bSEK 16.2b12.9x14x3.3x
Tue, 10 Dec 2024SEK 256.4bSEK 69.9bSEK 16.3b13.6x15.7x3.7x
Thu, 07 Nov 2024SEK 257.2bSEK 70.4bSEK 16.4b15.2x15.6x3.7x
Sat, 05 Oct 2024SEK 306.0bSEK 82.7bSEK 16.2b17.5x18.9x3.7x
Mon, 02 Sep 2024SEK 303.4bSEK 82.4bSEK 16.2b18x18.7x3.7x
Wed, 31 Jul 2024SEK 295.2bSEK 83.8bSEK 16.5b17.1x17.9x3.5x
Fri, 28 Jun 2024SEK 304.0bSEK 80.6bSEK 16.0b17.9x19x3.8x
Sun, 26 May 2024SEK 322.0bSEK 81.2bSEK 16.1b16.9x20x4x
Tue, 23 Apr 2024SEK 338.3bSEK 80.3bSEK 15.9b11.5x21.3x4.2x
Thu, 21 Mar 2024SEK 354.4bSEK 79.1bSEK 15.5b11.8x22.8x4.5x
Sat, 17 Feb 2024SEK 343.1bSEK 78.6bSEK 15.3b11.8x22.4x4.4x
Mon, 15 Jan 2024SEK 313.9bSEK 83.2bSEK 15.7b15.3x20x3.8x
Wed, 13 Dec 2023SEK 318.4bSEK 83.2bSEK 15.7b15.6x20.3x3.8x
Fri, 10 Nov 2023SEK 286.8bSEK 84.3bSEK 16.8b12.2x17.1x3.4x
Sun, 08 Oct 2023SEK 307.6bSEK 82.6bSEK 16.3b11x18.8x3.7x
Tue, 05 Sep 2023SEK 330.9bSEK 83.9bSEK 16.7b11.4x19.8x3.9x
Thu, 03 Aug 2023SEK 345.4bSEK 83.0bSEK 16.5b12.5x20.9x4.2x
Sat, 01 Jul 2023SEK 367.6bSEK 80.0bSEK 15.4b12.2x23.8x4.6x
Mon, 29 May 2023SEK 585.8bSEK 79.2bSEK 15.3b14.6x38.2x7.4x
Price to Earnings Ratio

38.2x


Total Market Cap: SEK 585.8bTotal Earnings: SEK 15.3bTotal Revenue: SEK 79.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Hospitality Industry Price to Earnings3Y Average 17x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Hospitality 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 13.5x which is lower than its 3-year average PE of 17.0x.
  • The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Hospitality industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.0% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

Which industries have driven the changes within the Swedish Consumer Discretionary industry?

SE Market1.92%
Consumer Discretionary3.69%
Hospitality5.47%
Casinos and Gaming7.25%
Restaurants0%0
Hotels, Resorts and Cruise Lines-0.59%
Leisure Facilities-2.11%
Industry PE
  • Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 33.8%, which is higher than its past year's earnings growth of 1.3% per year.
  • Investors are most pessimistic about the Casinos and Gaming industry, which is trading below its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 1.3% per year.
  • In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 5.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
EVO EvolutionSEK 697.008.9%
+SEK 11.3b		7.6%PE12.1x
BETS B BetssonSEK 89.251.7%
+SEK 195.4m		-51.5%PE7.2x
KAMBI Kambi GroupSEK 155.403.5%
+SEK 138.1m		33.4%PE45.8x
ATIC Actic GroupSEK 34.204.1%
+SEK 30.7m		50.7%PE9.6x
CTM Catena MediaSEK 2.525.0%
+SEK 9.1m		44.0%PS0.4x

Latest News

FABLE
SEK 5.40
Fable Media Group
7D
-7.8%
1Y
7.6%
GIG SDB
SEK 2.15
GiG Software
7D
0.5%
1Y
-63.8%
BETS B
SEK 89.25
Betsson
7D
1.7%
1Y
-51.5%
NREST
SEK 301.50
Nordrest Holding
7D
-7.1%
1Y
90.1%
Analysis Article • May 20

Analysts Are Updating Their Nordrest Holding AB (publ) (STO:NREST) Estimates After Its First-Quarter Results

Shareholders might have noticed that Nordrest Holding AB (publ) ( STO:NREST ) filed its quarterly result this time last...
SHOT
SEK 90.80
Scandic Hotels Group
7D
-0.6%
1Y
18.7%
Narrative Update • May 18

SHOT: New Urban Openings Will Support Future Upside Potential

Narrative Update on Scandic Hotels Group The analyst price target for Scandic Hotels Group has been revised from SEK108 to SEK110. Analysts cite updated assumptions on revenue growth, profit margins, and the future P/E multiple as key factors behind the new fair value assessment.
KAMBI
SEK 155.40
Kambi Group
7D
3.5%
1Y
33.4%
Narrative Update • May 18

KAMBI: New Lottery Deals And Buybacks Will Offset Softer Multiple Outlook

Analysts have trimmed their SEK price target for Kambi Group slightly, reflecting a modest adjustment in fair value to SEK 139.90. The updated assumptions now pair a lower revenue growth outlook and P/E multiple with a marginally higher profit margin and slightly reduced discount rate.
CTM
SEK 2.52
Catena Media
7D
5.0%
1Y
44.0%
EVO
SEK 697.00
Evolution
7D
8.9%
1Y
7.6%
Narrative Update • May 09

EVO: Mixed Rating Changes And Dividend Pause Will Shape Risk Repricing

The analyst price target for Evolution has been adjusted slightly lower by SEK 15 to reflect mixed recent Street moves, with some firms trimming SEK 20 to SEK 60 from their targets while others raised or upgraded the stock. Analysts now balance higher revenue growth expectations with more cautious profit margin and P/E assumptions.
EMB
SEK 0.59
EMB Mission Bound
7D
0.7%
1Y
5.4%
G2M
SEK 6.00
Gentoo Media
7D
-7.1%
1Y
-56.8%
BETCO
SEK 124.60
Better Collective
7D
-7.7%
1Y
-3.7%
Narrative Update • May 03

BETCO: Buybacks And Measured P E Assumptions Will Shape Future Returns

Analysts have increased their SEK price target on Better Collective by SEK 15, citing updated assumptions on revenue growth, profit margins and forward P/E multiples that slightly adjust their fair value and discount rate inputs. Analyst Commentary Recent research points to a more measured tone around Better Collective, even with the SEK 15 adjustment to the SEK price target.
SKIS B
SEK 153.20
SkiStar
7D
-2.5%
1Y
-9.6%
Narrative Update • Apr 29

SKIS B: Stable Assumptions And Forward P/E Will Support Future Upside

Analysts are keeping their price target for SkiStar unchanged at SEK 207.50, citing broadly stable assumptions on discount rate, revenue, profit margin and forward P/E as the basis for maintaining their view. Valuation Changes Fair Value: SEK 207.50 remains unchanged, indicating a stable central estimate for SkiStar's equity value per share.
ANGL
SEK 3.60
Angler Gaming
7D
-4.5%
1Y
-21.4%
RAKE
SEK 1.82
Raketech Group Holding
7D
6.1%
1Y
-33.8%
ATIC
SEK 34.20
Actic Group
7D
4.1%
1Y
50.7%
ACROUD
SEK 0.14
Acroud
7D
-2.1%
1Y
2.2%