Calculating The Fair Value Of Tethys Oil AB (publ) (STO:TETY)
Apr 14
Swedish (OMX) Energy Sector Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies9
- 7D-4.3%
- 3M-10.4%
- 1Y-21.1%
- YTD-16.9%
Over the last 7 days, the Energy industry has dropped 3.9%, driven by Maha Energy declining 6.3%. Meanwhile, Triboron International actually outperformed within the industry, gaining 24% in the last week. The industry has fallen 22% in the last year. As for the next few years, earnings are expected to grow by 58% per annum.
Sector Valuation and Performance
Has the Swedish Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | kr3.5b | kr1.9b | -kr232,703,954.48 | 24x | -15x | 1.9x |
| Fri, 22 Mar 2024 | kr4.1b | kr2.3b | -kr386,645,192.44 | 22.4x | -10.7x | 1.8x |
| Sun, 18 Feb 2024 | kr4.2b | kr2.3b | -kr461,751,485.21 | 10.7x | -9.1x | 1.8x |
| Tue, 16 Jan 2024 | kr5.5b | kr2.6b | kr196.1m | 3.8x | 28.1x | 2.1x |
| Thu, 14 Dec 2023 | kr4.9b | kr2.6b | kr199.4m | 3.8x | 24.7x | 1.9x |
| Sat, 11 Nov 2023 | kr5.2b | kr2.7b | kr228.2m | 10.7x | 23x | 1.9x |
| Mon, 09 Oct 2023 | kr5.2b | kr2.8b | kr393.0m | 9.3x | 13.2x | 1.8x |
| Wed, 06 Sep 2023 | kr5.7b | kr2.8b | kr398.1m | 9.8x | 14.3x | 2x |
| Fri, 04 Aug 2023 | kr5.6b | kr2.9b | kr429.1m | 2.7x | 13x | 1.9x |
| Sun, 02 Jul 2023 | kr5.3b | kr2.9b | kr414.4m | 7.5x | 12.8x | 1.8x |
| Tue, 30 May 2023 | kr5.3b | kr2.9b | kr448.5m | 2.5x | 11.9x | 1.9x |
| Thu, 27 Apr 2023 | kr5.6b | kr2.8b | kr412.2m | 2.8x | 13.6x | 2x |
| Sat, 25 Mar 2023 | kr5.6b | kr3.1b | kr415.2m | 2.8x | 13.4x | 1.8x |
| Mon, 20 Feb 2023 | kr6.2b | kr3.8b | kr961.3m | 4.4x | 6.5x | 1.6x |
| Wed, 18 Jan 2023 | kr6.4b | kr3.5b | kr427.6m | 6.3x | 15x | 1.8x |
| Fri, 16 Dec 2022 | kr6.0b | kr3.5b | kr421.5m | 6.6x | 14.2x | 1.7x |
| Sun, 13 Nov 2022 | kr6.7b | kr3.6b | kr153.6m | 4x | 43.6x | 1.9x |
| Tue, 11 Oct 2022 | kr6.7b | kr3.7b | kr93.3m | 5.2x | 72.1x | 1.8x |
| Thu, 08 Sep 2022 | kr6.7b | kr3.6b | kr54.7m | 5.1x | 123.3x | 1.9x |
| Sat, 06 Aug 2022 | kr6.9b | kr3.2b | -kr316,584,031.00 | 8.6x | -21.9x | 2.1x |
| Mon, 04 Jul 2022 | kr8.7b | kr3.3b | -kr409,941,629.00 | 8.3x | -21.2x | 2.7x |
| Wed, 01 Jun 2022 | kr143.2b | kr3.2b | -kr421,583,953.00 | 12x | -339.7x | 45.3x |
| Fri, 29 Apr 2022 | kr124.4b | kr3.0b | -kr640,807,867.00 | 14.1x | -194.1x | 41.4x |
| Sun, 27 Mar 2022 | kr120.2b | kr2.9b | -kr696,867,472.00 | 12.7x | -172.5x | 41.3x |
| Tue, 22 Feb 2022 | kr100.4b | kr2.9b | -kr763,083,496.00 | 15.8x | -131.6x | 35x |
| Thu, 20 Jan 2022 | kr7.7b | kr2.7b | -kr481,217,303.00 | 20.3x | -16.1x | 2.9x |
| Sat, 18 Dec 2021 | kr7.2b | kr2.7b | -kr481,273,145.00 | 16.4x | -15x | 2.7x |
| Mon, 15 Nov 2021 | kr8.2b | kr2.6b | -kr494,001,541.00 | 20.5x | -16.6x | 3.2x |
| Wed, 13 Oct 2021 | kr6.9b | kr2.5b | -kr355,161,979.00 | 9x | -19.3x | 2.8x |
| Fri, 10 Sep 2021 | kr5.7b | kr2.5b | -kr354,272,716.96 | 6.5x | -16.1x | 2.3x |
| Sun, 08 Aug 2021 | kr6.1b | kr3.9b | -kr396,216,466.96 | 5.6x | -15.4x | 1.6x |
| Sat, 01 May 2021 | kr6.7b | kr3.7b | -kr320,951,662.80 | 6.7x | -20.8x | 1.8x |
Price to Earnings Ratio
-20.8x
Current Industry PE
- Investors are pessimistic on the Swedish Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Energy industry have improved over the last three years.
- Meanwhile revenues for these companies have declined 20% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.
Industry Trends
Which industries have driven the changes within the Swedish Energy sector?
| SE Market | 1.80% | |
| Energy | -4.32% | |
| Energy Services | -3.09% | |
| Oil and Gas | -4.57% | |
Industry PE
- Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 9.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 58% over the next 5 years.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 58% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TRIBO B Triboron International | kr0.30 | 24.2% +kr5.7m | -53.7% | PS0.4x | |
| BIOGAS Biokraft International | kr20.20 | 0.5% +kr4.4m | -2.9% | PS1.9x | |
| TAUR B Taurus Energy | kr0.032 | 6.0% +kr390.7k | -45.5% | PB5.8x | |
| ABI AB Igrene | kr0.43 | 0.7% +kr152.5k | 6.8% | PS137.1x |