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Swedish (OMX) Specialty Stores Industry Analysis

UpdatedFeb 25, 2026
DataAggregated Company Financials
Companies28
  • 7D0.3%
  • 3M5.9%
  • 1Y27.5%
  • YTD1.3%

Over the last 7 days, the Specialty Stores industry has dropped 2.2%, driven by H & M Hennes & Mauritz declining 0.4%. In contrast, Synsam has gained 13%. In the past year, the industry has gained 25%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Swedish Specialty Stores Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Feb 2026SEK 383.0bSEK 341.0bSEK 14.7b22.9x26.1x1.1x
Fri, 23 Jan 2026SEK 362.2bSEK 343.0bSEK 12.8b23x28.4x1.1x
Sun, 21 Dec 2025SEK 375.0bSEK 343.2bSEK 12.8b23.6x29.4x1.1x
Tue, 18 Nov 2025SEK 362.8bSEK 340.1bSEK 12.7b23.4x28.7x1.1x
Thu, 16 Oct 2025SEK 356.1bSEK 338.8bSEK 12.8b23.8x27.9x1.1x
Sat, 13 Sep 2025SEK 314.6bSEK 339.5bSEK 11.8b25.3x26.6x0.9x
Mon, 11 Aug 2025SEK 295.9bSEK 339.4bSEK 11.8b23.2x25.1x0.9x
Wed, 09 Jul 2025SEK 289.9bSEK 339.0bSEK 11.7b23.1x24.7x0.9x
Fri, 06 Jun 2025SEK 288.5bSEK 341.6bSEK 12.8b21.1x22.6x0.8x
Sun, 04 May 2025SEK 293.7bSEK 341.5bSEK 12.7b20.7x23x0.9x
Tue, 01 Apr 2025SEK 274.0bSEK 340.4bSEK 12.6b20.3x21.7x0.8x
Thu, 27 Feb 2025SEK 301.8bSEK 339.4bSEK 13.2b20.7x22.9x0.9x
Sat, 25 Jan 2025SEK 302.8bSEK 339.1bSEK 11.5b19.5x26.3x0.9x
Mon, 23 Dec 2024SEK 300.5bSEK 339.2bSEK 11.5b18.2x26.1x0.9x
Wed, 20 Nov 2024SEK 300.3bSEK 338.0bSEK 11.6b17.5x25.9x0.9x
Fri, 18 Oct 2024SEK 340.5bSEK 338.0bSEK 10.5b18.2x32.5x1x
Sun, 15 Sep 2024SEK 330.1bSEK 357.7bSEK 11.9b18.5x27.8x0.9x
Tue, 13 Aug 2024SEK 316.8bSEK 356.9bSEK 11.6b20.1x27.2x0.9x
Thu, 11 Jul 2024SEK 339.9bSEK 357.8bSEK 11.6b20.1x29.3x0.9x
Sat, 08 Jun 2024SEK 371.0bSEK 355.8bSEK 9.9b20.8x37.5x1x
Mon, 06 May 2024SEK 342.3bSEK 355.1bSEK 9.8b23.9x35x1x
Wed, 03 Apr 2024SEK 336.9bSEK 351.5bSEK 9.7b26.2x34.7x1x
Fri, 01 Mar 2024SEK 293.9bSEK 351.7bSEK 9.2b25.9x32.1x0.8x
Sun, 28 Jan 2024SEK 334.5bSEK 351.3bSEK 7.3b28.2x45.6x1x
Tue, 26 Dec 2023SEK 350.6bSEK 351.7bSEK 7.2b29.2x48.9x1x
Thu, 23 Nov 2023SEK 364.7bSEK 351.6bSEK 7.1b24.1x51.4x1x
Sat, 21 Oct 2023SEK 301.8bSEK 350.1bSEK 8.5b18.4x35.5x0.9x
Mon, 18 Sep 2023SEK 313.0bSEK 347.0bSEK 5.9b20.9x52.6x0.9x
Wed, 16 Aug 2023SEK 326.5bSEK 345.6bSEK 5.8b20.9x56.4x0.9x
Fri, 14 Jul 2023SEK 348.1bSEK 345.1bSEK 6.2b17.2x56x1x
Sun, 11 Jun 2023SEK 288.4bSEK 342.3bSEK 6.6b17.7x43.8x0.8x
Tue, 09 May 2023SEK 291.5bSEK 341.0bSEK 6.6b18.8x44.3x0.9x
Thu, 06 Apr 2023SEK 297.0bSEK 340.6bSEK 7.3b18.8x40.9x0.9x
Sat, 04 Mar 2023SEK 270.5bSEK 311.6bSEK 7.4b15.9x36.6x0.9x
Price to Earnings Ratio

36.6x


Total Market Cap: SEK 270.5bTotal Earnings: SEK 7.4bTotal Revenue: SEK 311.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Specialty Stores Industry Price to Earnings3Y Average 33.7x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Specialty Retail 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 25.4x which is lower than its 3-year average PE of 33.7x.
  • The 3-year average PS ratio of 0.93x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Specialty Retail industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 3.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SE Market1.61%
Consumer Discretionary-0.19%
Specialty Stores0.29%
Specialty Stores3.53%
Automotive Retail3.43%
Home Improvement Retail3.12%
Apparel Retail-0.35%
Computer and Electronics Retail-4.13%
Home Furnishing Retail-4.41%
Industry PE
  • Investors are most optimistic about the Specialty Stores industry which is trading above its 3-year average PE ratio of 45.3x.
    • Analysts are expecting annual earnings growth of 32.4%, which is higher than its past year's earnings growth of 16.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Computer and Electronics Retail industry, expecting annual earnings growth of 104% over the next 5 years.
  • However this is lower than its past earnings growth rate of 301% per year.
  • In contrast, the Apparel Retail industry is expected to see its earnings grow by 8.2% 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
SYNSAM SynsamSEK 70.0012.9%
+SEK 1.1b		47.4%PE21.9x
CLAS B Clas OhlsonSEK 379.004.1%
+SEK 953.5m		56.2%PE23.6x
BILI A BiliaSEK 134.603.9%
+SEK 460.5m		-4.9%PE16.3x
RVRC RVRC HoldingSEK 66.954.3%
+SEK 293.5m		46.6%PE22.9x
BMAX Byggmax GroupSEK 63.504.4%
+SEK 158.3m		24.8%PE19.5x

Latest News

NANOC B
SEK 5.34
NanoCap Group
7D
27.4%
1Y
-23.7%
RVRC
SEK 66.95
RVRC Holding
7D
4.3%
1Y
46.6%

RVRC: Share Buybacks Will Support Higher Future Earnings Multiple

Analysts have kept their SEK fair value estimate for RVRC Holding broadly stable at SEK 76, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margin and future P/E that together support a roughly unchanged price target. What's in the News RVRC Holding reported that between October 1, 2025 and November 20, 2025, it repurchased 3,841,189 shares for SEK 39 million, representing 3.61% of its shares under the ongoing buyback program (Key Developments).
SYNSAM
SEK 70.00
Synsam
7D
12.9%
1Y
47.4%
HAYPP
SEK 118.00
Haypp Group
7D
-1.0%
1Y
24.2%

HAYPP: Refreshed Assumptions Will Support Attractive Upside At New Fair Value

Analysts now set their price target for Haypp Group at SEK150, trimmed from about SEK157, as they refresh assumptions around revenue growth, profit margins, the discount rate and future P/E levels in their models. Valuation Changes Fair Value: Trimmed from SEK156.67 to SEK150.00, a reduction of around 4% in the central estimate.
HM B
SEK 187.55
H & M Hennes & Mauritz
7D
-0.4%
1Y
30.2%

HM B: Future Margin Execution Will Still Fail To Support Current Pricing

Analysts have nudged their blended fair value estimate for H & M Hennes & Mauritz higher, from about SEK 159 to roughly SEK 162, citing updated assumptions around margins, growth and future P/E multiples, alongside a mix of recent price target cuts and one increase across the Street. Analyst Commentary Recent Street research on H & M Hennes & Mauritz has been mixed, with several firms adjusting ratings and price targets in different directions.
GULD
SEK 20.60
Guldbrev Holding
7D
-7.2%
1Y
n/a
BOKUS
SEK 69.80
Bokusgruppen
7D
-6.4%
1Y
37.4%
RUG
SEK 65.00
RugVista Group
7D
-4.4%
1Y
35.4%
BMAX
SEK 63.50
Byggmax Group
7D
4.4%
1Y
24.8%
BILI A
SEK 134.60
Bilia
7D
3.9%
1Y
-4.9%
LYKO A
SEK 78.00
Lyko Group
7D
1.6%
1Y
-39.8%
CLAS B
SEK 379.00
Clas Ohlson
7D
4.1%
1Y
56.2%

CLAS B: Insjon Automation And Capacity Upgrade Will Support Balanced Long Term Outlook

The latest Narrative Update on Clas Ohlson reflects a modest revision to the analyst price target to SEK 348.33 per share, with analysts pointing to slightly higher assumptions for revenue growth, profit margin and discount rate, as well as a marginal adjustment to the projected future P/E multiple. What's in the News Board approves an investment of about SEK 400 to 450 million in the Insjon distribution centre to support long term growth and create a more efficient logistics hub in the founder town Insjon, Dalarna (Key Developments).
NELLY
SEK 61.20
Nelly Group
7D
-3.9%
1Y
75.6%
FOI B
SEK 477.00
Fenix Outdoor International
7D
-3.1%
1Y
-28.7%
BHG
SEK 26.26
BHG Group
7D
-2.7%
1Y
4.5%
PIXEL
SEK 6.75
PixelFox
7D
48.7%
1Y
694.1%