Guideline Geo (STO:GGEO) Is Looking To Continue Growing Its Returns On Capital
Nov 23
Swedish (OMX) Energy Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies12
- 7D-2.7%
- 3M-13.6%
- 1Y-24.3%
- YTD-23.8%
Over the last 7 days, the Energy industry has dropped 2.7%, driven by Tethys Oil declining 5.0%. In contrast, Cortus Energy has gained 16%. The industry has fallen 24% in the last year. Earnings are forecast to grow by 45% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | kr5.0b | kr2.6b | kr197.6m | 3.9x | 25.2x | 1.9x |
| Wed, 01 Nov 2023 | kr5.5b | kr2.9b | kr397.4m | 9.3x | 13.7x | 1.9x |
| Fri, 29 Sep 2023 | kr5.3b | kr2.8b | kr391.3m | 9.3x | 13.6x | 1.9x |
| Sun, 27 Aug 2023 | kr5.5b | kr2.8b | kr380.7m | 9.7x | 14.5x | 1.9x |
| Tue, 25 Jul 2023 | kr5.4b | kr2.8b | kr416.0m | 2.8x | 12.9x | 1.9x |
| Thu, 22 Jun 2023 | kr5.4b | kr2.9b | kr410.6m | 7.1x | 13.1x | 1.9x |
| Sat, 20 May 2023 | kr5.4b | kr2.8b | kr431.6m | 2.7x | 12.6x | 1.9x |
| Mon, 17 Apr 2023 | kr5.8b | kr3.0b | kr408.5m | 3x | 14.2x | 1.9x |
| Wed, 15 Mar 2023 | kr5.9b | kr3.1b | kr416.9m | 2.9x | 14.2x | 1.9x |
| Fri, 10 Feb 2023 | kr6.4b | kr3.7b | kr521.7m | 6.5x | 12.3x | 1.8x |
| Sun, 08 Jan 2023 | kr6.2b | kr3.6b | kr435.7m | 6.1x | 14.2x | 1.7x |
| Tue, 06 Dec 2022 | kr5.8b | kr3.5b | kr425.2m | 6.4x | 13.7x | 1.6x |
| Thu, 03 Nov 2022 | kr7.0b | kr3.6b | kr72.1m | 5.5x | 96.4x | 1.9x |
| Sat, 01 Oct 2022 | kr6.4b | kr3.6b | kr77.8m | 5x | 82x | 1.8x |
| Mon, 29 Aug 2022 | kr6.8b | kr3.5b | kr58.7m | 5.5x | 115.5x | 1.9x |
| Wed, 27 Jul 2022 | kr6.9b | kr3.3b | -kr312,076,072.00 | 8.8x | -22x | 2.1x |
| Fri, 24 Jun 2022 | kr9.0b | kr3.2b | -kr400,065,313.00 | 8.7x | -22.6x | 2.8x |
| Sun, 22 May 2022 | kr133.4b | kr3.2b | -kr413,774,809.00 | 11x | -322.4x | 41.7x |
| Tue, 19 Apr 2022 | kr130.3b | kr3.0b | -kr693,771,179.00 | 14.2x | -187.9x | 44x |
| Thu, 17 Mar 2022 | kr107.1b | kr2.9b | -kr690,662,516.00 | 10.9x | -155.1x | 36.8x |
| Sat, 12 Feb 2022 | kr105.5b | kr2.8b | -kr559,504,456.00 | 16.5x | -188.5x | 38x |
| Mon, 10 Jan 2022 | kr7.6b | kr2.7b | -kr481,412,371.00 | 18x | -15.8x | 2.9x |
| Wed, 08 Dec 2021 | kr7.3b | kr2.7b | -kr481,204,988.00 | 16.9x | -15.2x | 2.7x |
| Fri, 05 Nov 2021 | kr8.1b | kr2.5b | -kr428,198,151.00 | 12.6x | -18.8x | 3.2x |
| Sun, 03 Oct 2021 | kr6.5b | kr2.5b | -kr355,135,431.00 | 7.3x | -18.3x | 2.6x |
| Tue, 31 Aug 2021 | kr5.7b | kr3.9b | -kr396,216,466.96 | 5.5x | -14.5x | 1.5x |
| Wed, 07 Jul 2021 | kr6.2b | kr3.9b | -kr396,216,466.96 | 4.7x | -15.5x | 1.6x |
| Sat, 10 Apr 2021 | kr6.3b | kr3.7b | -kr320,951,662.80 | 6.8x | -19.7x | 1.7x |
| Fri, 01 Jan 2021 | kr6.2b | kr3.7b | -kr120,484,216.48 | 7.1x | -51.4x | 1.7x |
Price to Earnings Ratio
27.6x
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 industry is trading at a PE ratio of 25.2x which is higher than its 3-year average PE of -25.2x.
- The 3-year average PS ratio of 7.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 10% per year over the last three years.
- Meanwhile revenues for these companies have declined 9.9% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Swedish Energy sector?
| SE Market | 0.70% | |
| Energy | -2.69% | |
| Oil and Gas | -2.35% | |
| Energy Services | -5.61% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 44.8%, which is higher than its past year's earnings decline of 28.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 29% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 45% 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 | |
|---|---|---|---|---|---|
| CE Cortus Energy | kr0.099 | 16.5% +kr30.1m | -54.5% | PS25x | |
| MISE Misen Energy | kr0.81 | 22.0% +kr21.2m | -38.4% | PE-5.7x | |
| CCOR B Concordia Maritime | kr6.24 | 1.6% +kr4.8m | -0.6% | PE1.9x | |
| GGEO Guideline Geo | kr9.30 | 3.3% +kr3.3m | 45.3% | PE10.1x |