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Swedish (OMX) Financials Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies67
  • 7D-1.1%
  • 3M10.4%
  • 1Y-18.3%
  • YTD-20.7%

Over the last 7 days, the Financials industry has dropped 1.1%, driven by a pullback from Investor of 2.0%. The industry has fallen 18% in the last year. Looking forward, earnings are forecast to grow by 44% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022kr2.1tkr350.1bkr67.3b9.9x31.8x6.1x
Mon, 31 Oct 2022kr2.1tkr349.5bkr81.6b9.6x25.3x5.9x
Wed, 28 Sep 2022kr1.9tkr356.9bkr99.7b8.7x18.7x5.2x
Fri, 26 Aug 2022kr2.0tkr356.6bkr102.1b9.3x19.2x5.5x
Sun, 24 Jul 2022kr2.0tkr353.1bkr90.6b10x21.9x5.6x
Tue, 21 Jun 2022kr1.9tkr454.4bkr199.1b9x9.8x4.3x
Thu, 19 May 2022kr2.1tkr458.8bkr206.2b10x10.1x4.6x
Sat, 16 Apr 2022kr2.3tkr627.1bkr359.8b8.5x6.5x3.7x
Mon, 14 Mar 2022kr2.3tkr660.5bkr390.7b7.6x5.9x3.5x
Wed, 09 Feb 2022kr2.5tkr649.2bkr371.1b10.7x6.8x3.9x
Fri, 07 Jan 2022kr2.9tkr574.7bkr300.0b11.5x9.5x5x
Sun, 05 Dec 2021kr2.9tkr573.7bkr300.7b10.9x9.5x5x
Tue, 02 Nov 2021kr2.8tkr570.9bkr307.5b10.2x9x4.9x
Thu, 30 Sep 2021kr2.6tkr595.6bkr336.6b10.1x7.8x4.4x
Sat, 28 Aug 2021kr2.7tkr595.6bkr335.7b10.4x8x4.5x
Sun, 04 Jul 2021kr2.5tkr595.6bkr335.7b9.9x7.3x4.1x
Wed, 07 Apr 2021kr2.3tkr633.9bkr371.5b8.4x6.1x3.6x
Sat, 09 Jan 2021kr1.9tkr418.0bkr188.5b10.5x10.1x4.6x
Fri, 02 Oct 2020kr1.8tkr445.6bkr215.7b9.6x8.3x4x
Mon, 06 Jul 2020kr1.4tkr359.5bkr147.6b9.8x9.8x4x
Thu, 09 Apr 2020kr1.1tkr305.4bkr84.6b12.8x13.1x3.6x
Wed, 01 Jan 2020kr1.5tkr450.3bkr233.9b8.5x6.4x3.3x
Price to Earnings Ratio

13.6x


Total Market Cap: kr1.4tTotal Earnings: kr104.2bTotal Revenue: kr330.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Financials Sector Price to Earnings3Y Average 10.8x202020212022
Current Industry PE
  • Investors are optimistic on the Swedish Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.8x which is higher than its 3-year average PE of 10.8x.
  • The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 6.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 14% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Swedish Financials sector?

SE Market0.39%
Financials-1.11%
Insurance1.54%
Banks0.34%
Mortgage Finance0%
Mortgage REITs0%
Capital Markets-0.93%
Diversified Financial-2.83%
Consumer Finance-3.35%
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 28.5%, which is lower than the prior year's growth of 84.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 106% over the next 5 years.
  • This is better than its past earnings decline of 67% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 4.9% 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
SEB A Skandinaviska Enskilda Bankenkr120.050.5%
+kr1.4b
-8.8%PB1.3x
SWED A Swedbankkr168.850.7%
+kr1.3b
-8.1%PB1.1x
SHB A Svenska Handelsbankenkr104.700.4%
+kr792.0m
9.6%PB1.1x
BURE Bure Equitykr244.801.2%
+kr207.6m
-39.0%PB1.5x
VNV VNV Globalkr32.084.6%
+kr163.1m
-69.1%PB0.5x
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Latest News

SHB A

kr104.70

Svenska Handelsbanken

7D

0.4%

1Y

9.6%

YIELD

kr9.39

SaveLend Group

7D

7.4%

1Y

20.7%

SAVE

kr152.20

Nordnet

7D

-1.2%

1Y

-9.5%

EQT

kr241.40

EQT

7D

-0.6%

1Y

-52.7%

LUND B

kr452.60

L E Lundbergföretagen

7D

-4.8%

1Y

-7.4%

VNV

kr32.08

VNV Global

7D

4.6%

1Y

-69.1%

SWED A

kr168.85

Swedbank

7D

0.7%

1Y

-8.1%

KINV B

kr151.55

Kinnevik

7D

-9.5%

1Y

-51.0%

INDU A

kr265.40

AB Industrivärden

7D

-2.4%

1Y

-2.0%

AZA

kr219.00

Avanza Bank Holding

7D

-3.9%

1Y

-35.4%

SEB A

kr120.05

Skandinaviska Enskilda Banken

7D

0.5%

1Y

-8.8%

SVOL B

kr63.82

Svolder

7D

2.5%

1Y

-27.4%

INVE A

kr199.80

Investor

7D

-2.0%

1Y

-9.6%

TRAC B

kr219.00

AB Traction

7D

2.3%

1Y

-15.8%

CRED A

kr82.00

Creades

7D

-6.3%

1Y

-35.5%

BURE

kr244.80

Bure Equity

7D

1.2%

1Y

-39.0%