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Swedish (OMX) Specialty Stores Industry Analysis

UpdatedAug 28, 2026
DataAggregated Company Financials
Companies28
  • 7D-2.3%
  • 3M5.4%
  • 1Y19.4%
  • YTD-4.2%

Over the last 7 days, the Specialty Stores industry has dropped 2.3%, driven by H & M Hennes & Mauritz declining 3.8%. In contrast, Clas Ohlson has gained 5.7%. Over the past 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 9.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 28 Aug 2026SEK 362.3bSEK 336.4bSEK 15.6b17.5x23.2x1.1x
Sun, 26 Jul 2026SEK 342.2bSEK 335.4bSEK 15.5b18.7x22.1x1x
Tue, 23 Jun 2026SEK 344.2bSEK 336.5bSEK 15.1b21.4x22.8x1x
Thu, 21 May 2026SEK 341.3bSEK 336.1bSEK 15.0b20.2x22.7x1x
Sat, 18 Apr 2026SEK 369.7bSEK 335.8bSEK 14.9b20.9x24.8x1.1x
Mon, 16 Mar 2026SEK 369.8bSEK 341.5bSEK 14.8b22.4x25x1.1x
Wed, 11 Feb 2026SEK 377.0bSEK 340.3bSEK 14.6b22.8x25.7x1.1x
Fri, 09 Jan 2026SEK 367.8bSEK 343.2bSEK 12.8b23.8x28.8x1.1x
Sun, 07 Dec 2025SEK 365.2bSEK 340.2bSEK 12.7b24.1x28.8x1.1x
Tue, 04 Nov 2025SEK 363.1bSEK 340.0bSEK 12.7b26.1x28.7x1.1x
Thu, 02 Oct 2025SEK 360.2bSEK 338.5bSEK 12.7b25.3x28.3x1.1x
Sat, 30 Aug 2025SEK 298.2bSEK 339.5bSEK 11.8b24.4x25.3x0.9x
Mon, 28 Jul 2025SEK 304.8bSEK 339.2bSEK 11.8b23.3x25.9x0.9x
Wed, 25 Jun 2025SEK 276.4bSEK 341.8bSEK 12.8b21.8x21.5x0.8x
Fri, 23 May 2025SEK 291.1bSEK 341.5bSEK 12.6b21x23x0.9x
Sun, 20 Apr 2025SEK 286.9bSEK 339.8bSEK 12.7b20x22.6x0.8x
Tue, 18 Mar 2025SEK 280.2bSEK 339.3bSEK 13.3b21x21.1x0.8x
Thu, 13 Feb 2025SEK 308.1bSEK 339.0bSEK 12.8b20.7x24.1x0.9x
Sat, 11 Jan 2025SEK 289.1bSEK 339.2bSEK 11.5b18.9x25.1x0.9x
Mon, 09 Dec 2024SEK 321.7bSEK 339.2bSEK 11.5b18x28x0.9x
Wed, 06 Nov 2024SEK 317.2bSEK 337.9bSEK 11.5b18.5x27.5x0.9x
Fri, 04 Oct 2024SEK 329.0bSEK 337.9bSEK 10.5b18x31.4x1x
Sun, 01 Sep 2024SEK 328.6bSEK 357.3bSEK 11.7b19.1x28.2x0.9x
Tue, 30 Jul 2024SEK 333.1bSEK 357.8bSEK 11.3b20.9x29.4x0.9x
Thu, 27 Jun 2024SEK 380.9bSEK 355.7bSEK 9.9b22x38.5x1.1x
Sat, 25 May 2024SEK 369.9bSEK 355.5bSEK 9.8b21.6x37.7x1x
Mon, 22 Apr 2024SEK 339.8bSEK 351.5bSEK 9.9b24.6x34.4x1x
Wed, 20 Mar 2024SEK 304.8bSEK 352.5bSEK 9.0b26.8x33.7x0.9x
Fri, 16 Feb 2024SEK 291.5bSEK 351.3bSEK 9.4b26.1x30.9x0.8x
Sun, 14 Jan 2024SEK 338.8bSEK 351.9bSEK 7.2b29.8x47.2x1x
Tue, 12 Dec 2023SEK 347.6bSEK 351.9bSEK 7.2b27.6x48.4x1x
Thu, 09 Nov 2023SEK 316.7bSEK 351.0bSEK 7.0b26.4x45x0.9x
Sat, 07 Oct 2023SEK 300.2bSEK 350.2bSEK 8.7b19.1x34.4x0.9x
Mon, 04 Sep 2023SEK 327.4bSEK 346.9bSEK 5.9b21.1x55x0.9x
Price to Earnings Ratio

55x


Total Market Cap: SEK 327.4bTotal Earnings: SEK 5.9bTotal Revenue: SEK 346.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Specialty Stores Industry Price to Earnings3Y Average 29.8x202420252026
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 23.2x which is lower than its 3-year average PE of 29.8x.
  • The 3-year average PS ratio of 0.96x 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 38% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

SE Market2.02%
Consumer Discretionary-0.35%
Specialty Stores-2.34%
Computer and Electronics Retail13.12%
Home Furnishing Retail11.92%
Home Improvement Retail4.55%
Specialty Stores1.21%
Automotive Retail0.85%
Apparel Retail-3.70%
Industry PE
  • Investors are most optimistic about the Specialty Stores industry even though it's trading below its 3-year average PE ratio of 49.7x.
    • Analysts are expecting annual earnings growth of 32.8%, which is lower than the prior year's growth of 68.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Computer and Electronics Retail industry, expecting annual earnings growth of 116% over the next 5 years.
  • However this is lower than its past earnings growth rate of 253% per year.
  • In contrast, the Apparel Retail industry is expected to see its earnings grow by 6.5% 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
CLAS B Clas OhlsonSEK 466.606.6%
+SEK 1.8b		39.5%PE25.4x
BILI A BiliaSEK 148.002.8%
+SEK 366.9m		26.8%PE16.1x
ELON ElonSEK 30.5060.5%
+SEK 170.9m		57.2%PS0.1x
RVRC RVRC HoldingSEK 55.302.0%
+SEK 117.9m		18.9%PE17.7x
HAYPP Haypp GroupSEK 145.802.2%
+SEK 103.4m		-4.3%PE595x

Latest News

ELON
SEK 30.50
Elon
7D
60.5%
1Y
57.2%
CLAS B
SEK 466.60
Clas Ohlson
7D
6.6%
1Y
39.5%
Narrative Update • Aug 26

CLAS B: Future Returns Will Rely On Dividend Flexibility And Stable Cash Generation

The analyst price target for Clas Ohlson has increased from SEK 415 to SEK 437.50. Analysts attribute this revision to updated assumptions for revenue growth, profit margin and future P/E.
HAYPP
SEK 145.80
Haypp Group
7D
2.2%
1Y
-4.3%
PIERCE
SEK 8.88
Pierce Group
7D
-3.1%
1Y
-34.2%
Analysis Article • Aug 26

Results: Pierce Group AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

It's been a sad week for Pierce Group AB (publ) ( STO:PIERCE ), who've watched their investment drop 13% to kr8.66 in...
SYNSAM
SEK 59.00
Synsam
7D
-2.0%
1Y
0%
Analysis Article • Aug 26

Synsam AB (publ) Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next

Investors in Synsam AB (publ) ( STO:SYNSAM ) had a good week, as its shares rose 7.0% to close at kr59.50 following the...
BHG
SEK 19.00
BHG Group
7D
-2.6%
1Y
-26.9%
RVRC
SEK 55.30
RVRC Holding
7D
2.0%
1Y
18.9%
KJELL
SEK 15.70
Kjell Group
7D
4.0%
1Y
72.5%
VUXEN
SEK 26.40
Vuxen Group
7D
-0.8%
1Y
138.9%
LYKO A
SEK 86.30
Lyko Group
7D
8.4%
1Y
-38.7%
Narrative Update • Aug 07

LYKO A: CFO Transition And Revised Outlook Will Shape Balanced Risk Profile

Analysts have cut their fair value estimate for Lyko Group from SEK120.00 to SEK85.00, citing updated assumptions for growth, profitability, discount rate and future P/E levels. What’s in the News for Lyko Group Lyko Group reported that Chief Financial Officer Ylva Norlén has decided to leave her role and step down from the Group Management Team.
GULD
SEK 17.95
Guldbrev Holding
7D
-5.0%
1Y
n/a
Analysis Article • Jul 23

Solid Earnings May Not Tell The Whole Story For Guldbrev Holding (STO:GULD)

Guldbrev Holding AB (publ)'s ( STO:GULD ) robust recent earnings didn't do much to move the stock. We believe that...
BILI A
SEK 148.00
Bilia
7D
2.8%
1Y
26.8%
Analysis Article • Jul 22

Analysts Are Updating Their Bilia AB (publ) (STO:BILI A) Estimates After Its Second-Quarter Results

It's been a good week for Bilia AB (publ) ( STO:BILI A ) shareholders, because the company has just released its latest...
FOI B
SEK 317.00
Fenix Outdoor International
7D
-6.8%
1Y
-38.3%
SODER
SEK 16.65
Söder Sportfiske
7D
-0.9%
1Y
-38.8%
RUG
SEK 68.50
RugVista Group
7D
6.2%
1Y
-12.2%
Narrative Update • Jul 20

RUG: New CFO Appointment Will Support Strong Future Shareholder Returns

Analysts have raised their RugVista Group fair value estimate from SEK 78.0 to SEK 90.0, citing updated assumptions for revenue growth, profit margins, the discount rate and future P/E multiples as the key factors behind the higher price target. What's in the News RugVista Group AB has appointed Gustaf Arlid as the company's next Chief Financial Officer, with the role to be assumed no later than 1 November 2026.
HM B
SEK 174.95
H & M Hennes & Mauritz
7D
-4.2%
1Y
26.0%