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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023kr5.0bkr2.6bkr197.6m3.9x25.2x1.9x
Wed, 01 Nov 2023kr5.5bkr2.9bkr397.4m9.3x13.7x1.9x
Fri, 29 Sep 2023kr5.3bkr2.8bkr391.3m9.3x13.6x1.9x
Sun, 27 Aug 2023kr5.5bkr2.8bkr380.7m9.7x14.5x1.9x
Tue, 25 Jul 2023kr5.4bkr2.8bkr416.0m2.8x12.9x1.9x
Thu, 22 Jun 2023kr5.4bkr2.9bkr410.6m7.1x13.1x1.9x
Sat, 20 May 2023kr5.4bkr2.8bkr431.6m2.7x12.6x1.9x
Mon, 17 Apr 2023kr5.8bkr3.0bkr408.5m3x14.2x1.9x
Wed, 15 Mar 2023kr5.9bkr3.1bkr416.9m2.9x14.2x1.9x
Fri, 10 Feb 2023kr6.4bkr3.7bkr521.7m6.5x12.3x1.8x
Sun, 08 Jan 2023kr6.2bkr3.6bkr435.7m6.1x14.2x1.7x
Tue, 06 Dec 2022kr5.8bkr3.5bkr425.2m6.4x13.7x1.6x
Thu, 03 Nov 2022kr7.0bkr3.6bkr72.1m5.5x96.4x1.9x
Sat, 01 Oct 2022kr6.4bkr3.6bkr77.8m5x82x1.8x
Mon, 29 Aug 2022kr6.8bkr3.5bkr58.7m5.5x115.5x1.9x
Wed, 27 Jul 2022kr6.9bkr3.3b-kr312,076,072.008.8x-22x2.1x
Fri, 24 Jun 2022kr9.0bkr3.2b-kr400,065,313.008.7x-22.6x2.8x
Sun, 22 May 2022kr133.4bkr3.2b-kr413,774,809.0011x-322.4x41.7x
Tue, 19 Apr 2022kr130.3bkr3.0b-kr693,771,179.0014.2x-187.9x44x
Thu, 17 Mar 2022kr107.1bkr2.9b-kr690,662,516.0010.9x-155.1x36.8x
Sat, 12 Feb 2022kr105.5bkr2.8b-kr559,504,456.0016.5x-188.5x38x
Mon, 10 Jan 2022kr7.6bkr2.7b-kr481,412,371.0018x-15.8x2.9x
Wed, 08 Dec 2021kr7.3bkr2.7b-kr481,204,988.0016.9x-15.2x2.7x
Fri, 05 Nov 2021kr8.1bkr2.5b-kr428,198,151.0012.6x-18.8x3.2x
Sun, 03 Oct 2021kr6.5bkr2.5b-kr355,135,431.007.3x-18.3x2.6x
Tue, 31 Aug 2021kr5.7bkr3.9b-kr396,216,466.965.5x-14.5x1.5x
Wed, 07 Jul 2021kr6.2bkr3.9b-kr396,216,466.964.7x-15.5x1.6x
Sat, 10 Apr 2021kr6.3bkr3.7b-kr320,951,662.806.8x-19.7x1.7x
Fri, 01 Jan 2021kr6.2bkr3.7b-kr120,484,216.487.1x-51.4x1.7x
Price to Earnings Ratio

27.6x


Total Market Cap: kr4.0bTotal Earnings: kr146.5mTotal Revenue: kr3.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Energy Sector Price to Earnings3Y Average -25.2x202120222023
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 Market0.70%
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?

CompanyLast Price7D1YValuation
CE Cortus Energykr0.09916.5%
+kr30.1m
-54.5%PS25x
MISE Misen Energykr0.8122.0%
+kr21.2m
-38.4%PE-5.7x
CCOR B Concordia Maritimekr6.241.6%
+kr4.8m
-0.6%PE1.9x
GGEO Guideline Geokr9.303.3%
+kr3.3m
45.3%PE10.1x
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Latest News

BIOF

kr1.51

Biofrigas Sweden

7D

-11.7%

1Y

-56.9%

TETY

kr44.53

Tethys Oil

7D

-5.0%

1Y

-26.3%

CE

kr0.099

Cortus Energy

7D

16.5%

1Y

-54.5%

MAHA A

kr9.20

Maha Energy

7D

-3.2%

1Y

-9.4%

CRWN

kr0.84

Crown Energy

7D

-7.7%

1Y

-58.8%

TRIBO B

kr0.45

Triboron International

7D

-6.3%

1Y

-12.8%

CCOR B

kr6.24

Concordia Maritime

7D

1.6%

1Y

-0.6%

BIOGAS

kr15.88

Biokraft International

7D

-0.9%

1Y

1.0%

MISE

kr0.81

Misen Energy

7D

22.0%

1Y

-38.4%

ABI

kr0.30

AB Igrene

7D

-4.8%

1Y

-33.6%

REATO

kr1.73

Reato Group

7D

-0.3%

1Y

-41.9%