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Swedish (OMX) Financials Sector Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies68
  • 7D2.3%
  • 3M14.9%
  • 1Y11.0%
  • YTD5.0%

The Financials industry is up 2.0% in the last week, with Investor up 2.3%. In the last 12 months, the industry was up 11%. Looking forward, earnings are forecast to decline by 14% per year.

Sector Valuation and Performance

Has the Swedish Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024kr2.8tkr683.6bkr326.7b11.1x8.7x4.1x
Fri, 19 Jan 2024kr2.6tkr677.2bkr335.4b10.5x7.8x3.8x
Sun, 17 Dec 2023kr2.7tkr670.8bkr332.0b9.5x8x4x
Tue, 14 Nov 2023kr2.4tkr675.8bkr333.7b8.7x7.1x3.5x
Thu, 12 Oct 2023kr2.5tkr673.7bkr337.6b9x7.3x3.7x
Sat, 09 Sep 2023kr2.4tkr672.8bkr335.4b9x7.1x3.5x
Mon, 07 Aug 2023kr2.4tkr665.0bkr329.8b10x7.3x3.6x
Wed, 05 Jul 2023kr2.3tkr515.7bkr193.7b9.7x12.1x4.5x
Fri, 02 Jun 2023kr2.3tkr508.6bkr193.6b9.1x11.8x4.5x
Sun, 30 Apr 2023kr2.3tkr503.9bkr190.3b12.5x12.3x4.7x
Tue, 28 Mar 2023kr1.4tkr370.3bkr125.6b9.5x11.2x3.8x
Thu, 23 Feb 2023kr1.7tkr366.7bkr126.1b10.4x13.3x4.6x
Sat, 21 Jan 2023kr2.2tkr351.6bkr61.6b10.6x36.1x6.3x
Mon, 19 Dec 2022kr2.1tkr351.5bkr67.9b9.7x30.8x5.9x
Wed, 16 Nov 2022kr2.2tkr348.4bkr67.4b9.8x31.9x6.2x
Fri, 14 Oct 2022kr1.8tkr357.7bkr100.3b8.5x18.3x5.1x
Sun, 11 Sep 2022kr2.0tkr357.7bkr100.3b8.9x19.5x5.5x
Tue, 09 Aug 2022kr2.1tkr352.2bkr100.2b9.8x20.5x5.8x
Thu, 07 Jul 2022kr1.9tkr455.3bkr199.5b8.8x9.7x4.2x
Sat, 04 Jun 2022kr2.1tkr452.7bkr199.5b9.6x10.7x4.7x
Mon, 02 May 2022kr2.2tkr460.1bkr186.7b10.2x11.8x4.8x
Wed, 30 Mar 2022kr2.5tkr657.0bkr390.2b8.4x6.4x3.8x
Fri, 25 Feb 2022kr2.3tkr657.3bkr388.7b8.1x6x3.5x
Sun, 23 Jan 2022kr2.6tkr657.8bkr377.1b10.8x6.9x4x
Tue, 21 Dec 2021kr2.7tkr573.7bkr300.8b10.7x9.1x4.8x
Thu, 18 Nov 2021kr3.0tkr571.2bkr301.8b10.7x9.9x5.2x
Sat, 16 Oct 2021kr2.7tkr579.4bkr321.7b10.3x8.4x4.6x
Mon, 13 Sep 2021kr2.7tkr594.9bkr336.2b10.2x8x4.5x
Wed, 11 Aug 2021kr2.8tkr595.6bkr335.7b10.5x8.3x4.7x
Sun, 06 Jun 2021kr2.4tkr634.9bkr373.6b8.8x6.4x3.7x
Wed, 10 Mar 2021kr2.0tkr418.0bkr189.3b12.6x10.8x4.9x
Price to Earnings Ratio

10.8x


Total Market Cap: kr2.0tTotal Earnings: kr189.3bTotal Revenue: kr418.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Financials Sector Price to Earnings3Y Average 11.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Financials 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 8.7x which is lower than its 3-year average PE of 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 18% 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 Financials sector?

SE Market1.96%
Financials2.30%
Diversified Financial2.68%
Banks2.15%
Insurance2.02%
Capital Markets1.87%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance-1.26%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 31.5%, which is higher than its past year's earnings growth of 6.8% per year.
  • Investors are most pessimistic about the Diversified Financial industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.3x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 41% over the next 5 years.
  • This is better than its past earnings growth rate of 2.9% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 53% 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
INVE A Investorkr253.202.5%
+kr19.0b
23.7%PE6.1x
NDA SE Nordea Bank Abpkr124.422.4%
+kr10.2b
-3.9%PB1.2x
SEB A Skandinaviska Enskilda Bankenkr152.502.3%
+kr7.3b
17.9%PB1.4x
EQT EQTkr279.802.1%
+kr6.9b
17.2%PE212.9x
SWED A Swedbankkr218.002.2%
+kr5.2b
2.6%PB1.2x
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Latest News

EQT

kr279.80

EQT

7D

2.1%

1Y

17.2%

HILB B

kr5.16

Hilbert Group

7D

-14.0%

1Y

59.5%

CAT B

kr28.20

Catella

7D

-0.9%

1Y

-26.3%

LUND B

kr559.40

L E Lundbergföretagen

7D

2.5%

1Y

14.8%

SHB A

kr124.35

Svenska Handelsbanken

7D

1.4%

1Y

15.0%

RATO B

kr34.30

Ratos

7D

-3.8%

1Y

4.1%

SEB A

kr152.50

Skandinaviska Enskilda Banken

7D

2.3%

1Y

17.9%

RESURS

kr13.94

Resurs Holding

7D

-3.9%

1Y

-45.5%

CRED A

kr65.25

Creades

7D

-1.4%

1Y

-26.2%

INDU A

kr344.50

AB Industrivärden

7D

3.5%

1Y

21.6%

NDA SE

kr124.42

Nordea Bank Abp

7D

2.4%

1Y

-3.9%

INVE A

kr253.20

Investor

7D

2.5%

1Y

23.7%

SFL

kr3.65

Safello Group

7D

-18.0%

1Y

-2.5%

VO2

kr2.70

Vo2 Cap Holding

7D

-13.7%

1Y

-62.5%

NAVIGO STAM

kr4.87

Navigo Invest

7D

-2.6%

1Y

n/a