Investor (STO:INVE A) Will Pay A Dividend Of SEK1.20
Jul 25
Swedish (OMX) Financials Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies67
- 7D0.5%
- 3M6.6%
- 1Y22.1%
- YTD12.6%
Last week, the Financials industry hasn't moved much but EQT is up 3.4% in that time. The past year has been better, since the industry has gained 22% in that time. In the next few years, earnings are forecast to decline by 10% annually.
Sector Valuation and Performance
Has the Swedish Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | SEK 3.0t | SEK 754.0b | SEK 368.3b | 9.2x | 8.2x | 4x |
| Sun, 23 Jun 2024 | SEK 2.9t | SEK 731.0b | SEK 352.7b | 13.4x | 8.3x | 4x |
| Tue, 21 May 2024 | SEK 3.0t | SEK 735.3b | SEK 352.8b | 19.7x | 8.5x | 4.1x |
| Thu, 18 Apr 2024 | SEK 2.8t | SEK 695.0b | SEK 333.1b | 12.1x | 8.5x | 4.1x |
| Sat, 16 Mar 2024 | SEK 3.0t | SEK 685.3b | SEK 326.6b | 11.9x | 9.1x | 4.4x |
| Mon, 12 Feb 2024 | SEK 2.7t | SEK 684.7b | SEK 340.5b | 10x | 8x | 4x |
| Wed, 10 Jan 2024 | SEK 2.7t | SEK 670.9b | SEK 332.1b | 10x | 8x | 4x |
| Fri, 08 Dec 2023 | SEK 2.5t | SEK 671.2b | SEK 332.3b | 9.1x | 7.7x | 3.8x |
| Sun, 05 Nov 2023 | SEK 2.4t | SEK 674.2b | SEK 331.6b | 9.7x | 7.1x | 3.5x |
| Tue, 03 Oct 2023 | SEK 2.4t | SEK 669.7b | SEK 333.6b | 8.9x | 7.2x | 3.6x |
| Thu, 31 Aug 2023 | SEK 2.4t | SEK 664.1b | SEK 335.0b | 9.8x | 7.1x | 3.6x |
| Sat, 29 Jul 2023 | SEK 2.4t | SEK 664.4b | SEK 326.0b | 9.5x | 7.5x | 3.7x |
| Mon, 26 Jun 2023 | SEK 2.3t | SEK 515.2b | SEK 193.9b | 9x | 11.7x | 4.4x |
| Wed, 24 May 2023 | SEK 2.3t | SEK 505.9b | SEK 187.8b | 9.1x | 12.3x | 4.6x |
| Fri, 21 Apr 2023 | SEK 1.6t | SEK 389.1b | SEK 143.7b | 11.6x | 11.4x | 4.2x |
| Sun, 19 Mar 2023 | SEK 1.5t | SEK 370.2b | SEK 125.6b | 10.1x | 11.6x | 3.9x |
| Tue, 14 Feb 2023 | SEK 1.7t | SEK 367.8b | SEK 113.2b | 10.4x | 14.8x | 4.5x |
| Thu, 12 Jan 2023 | SEK 2.3t | SEK 354.2b | SEK 68.9b | 10.8x | 33.2x | 6.5x |
| Sat, 10 Dec 2022 | SEK 2.1t | SEK 350.0b | SEK 67.3b | 9.7x | 31.8x | 6.1x |
| Mon, 07 Nov 2022 | SEK 2.1t | SEK 348.6b | SEK 67.4b | 9.7x | 30.5x | 5.9x |
| Wed, 05 Oct 2022 | SEK 1.9t | SEK 355.8b | SEK 99.4b | 8.7x | 19.3x | 5.4x |
| Fri, 02 Sep 2022 | SEK 1.9t | SEK 358.5b | SEK 100.8b | 8.8x | 18.4x | 5.2x |
| Sun, 31 Jul 2022 | SEK 2.1t | SEK 352.7b | SEK 90.4b | 10.5x | 22.8x | 5.9x |
| Tue, 28 Jun 2022 | SEK 2.0t | SEK 454.4b | SEK 199.2b | 8.8x | 9.8x | 4.3x |
| Thu, 26 May 2022 | SEK 2.1t | SEK 460.4b | SEK 199.9b | 9.9x | 10.5x | 4.6x |
| Sat, 23 Apr 2022 | SEK 2.3t | SEK 463.8b | SEK 192.1b | 9.3x | 11.8x | 4.9x |
| Mon, 21 Mar 2022 | SEK 2.5t | SEK 657.9b | SEK 390.2b | 8.2x | 6.4x | 3.8x |
| Wed, 16 Feb 2022 | SEK 2.5t | SEK 654.3b | SEK 378.3b | 9.2x | 6.7x | 3.9x |
| Fri, 14 Jan 2022 | SEK 2.8t | SEK 573.6b | SEK 299.8b | 11.2x | 9.3x | 4.9x |
| Sun, 12 Dec 2021 | SEK 2.9t | SEK 572.6b | SEK 300.8b | 10.8x | 9.5x | 5x |
| Tue, 09 Nov 2021 | SEK 2.9t | SEK 571.4b | SEK 303.5b | 10.6x | 9.5x | 5x |
| Thu, 07 Oct 2021 | SEK 2.6t | SEK 595.4b | SEK 336.1b | 10.1x | 7.7x | 4.3x |
| Sat, 04 Sep 2021 | SEK 2.7t | SEK 595.6b | SEK 335.7b | 10.5x | 8x | 4.5x |
| Mon, 02 Aug 2021 | SEK 2.7t | SEK 595.6b | SEK 335.7b | 10.3x | 8.1x | 4.6x |
Price to Earnings Ratio
8.1x
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 8.2x which is lower than its 3-year average PE of 11.9x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 3.1% per year over the last three years.
- Revenues for these companies have grown 8.2% 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 Market | -1.57% | |
| Financials | 0.49% | |
| Banks | 0.60% | |
| Diversified Financial | 0.43% | |
| Capital Markets | 0.43% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -0.79% | |
| Consumer Finance | -1.15% | |
Industry PE
- Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio of 11.3x.
- Analysts are expecting annual earnings growth of 45.1%, which is lower than the prior year's growth of 149.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 46% over the next 5 years.
- However this is lower than its past earnings growth rate of 78% per year.
- In contrast, the Diversified Financial industry is expected to see its earnings decline by 47% 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 | |
|---|---|---|---|---|---|
| EQT EQT | SEK 336.60 | 3.4% +SEK 13.3b | 34.7% | PE112.5x | |
| INVE A Investor | SEK 295.70 | 1.0% +SEK 8.6b | 37.9% | PE5x | |
| SWED A Swedbank | SEK 224.20 | 1.7% +SEK 4.2b | 14.9% | PB1.3x | |
| NDA SE Nordea Bank Abp | SEK 123.85 | 0.9% +SEK 4.0b | 4.6% | PB1.2x | |
| INDU A AB Industrivärden | SEK 360.40 | 0.8% +SEK 1.3b | 19.5% | PE6.9x |
