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Swedish (OMX) Financials Sector Analysis

UpdatedNov 23, 2024
DataAggregated Company Financials
Companies67
  • 7D0.3%
  • 3M-3.0%
  • 1Y22.2%
  • YTD12.8%

The Financials is pretty flat in the last 7 days, but EQT has stood out, gaining 4.5%. As for the the longer term, the industry is up 22% over the past 12 months. As for the next few years, earnings are forecast to decline by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024SEK 2.5tSEK 654.2bSEK 364.9b8.1x6.9x3.9x
Tue, 22 Oct 2024SEK 2.6tSEK 649.0bSEK 348.9b8.6x7.4x4x
Thu, 19 Sep 2024SEK 3.0tSEK 748.4bSEK 373.0b8.7x8.1x4.1x
Sat, 17 Aug 2024SEK 3.0tSEK 751.0bSEK 373.1b8.8x8x4x
Mon, 15 Jul 2024SEK 3.0tSEK 727.0bSEK 346.0b13.3x8.8x4.2x
Wed, 12 Jun 2024SEK 2.9tSEK 731.3bSEK 352.7b14.4x8.3x4x
Fri, 10 May 2024SEK 2.9tSEK 735.5bSEK 370.8b12.8x7.8x3.9x
Sun, 07 Apr 2024SEK 2.9tSEK 689.3bSEK 328.5b12x8.8x4.2x
Tue, 05 Mar 2024SEK 2.9tSEK 685.1bSEK 326.5b11.7x8.9x4.2x
Thu, 01 Feb 2024SEK 2.8tSEK 688.0bSEK 346.2b10x8x4x
Sat, 30 Dec 2023SEK 2.7tSEK 669.9bSEK 331.6b10.3x8.2x4x
Mon, 27 Nov 2023SEK 2.5tSEK 674.2bSEK 333.4b9x7.5x3.7x
Wed, 25 Oct 2023SEK 2.3tSEK 665.4bSEK 324.9b8.7x7.2x3.5x
Fri, 22 Sep 2023SEK 2.5tSEK 674.1bSEK 335.4b9.3x7.3x3.7x
Sun, 20 Aug 2023SEK 2.4tSEK 672.1bSEK 334.6b7.7x7.1x3.5x
Tue, 18 Jul 2023SEK 2.3tSEK 643.8bSEK 313.6b9.2x7.5x3.6x
Thu, 15 Jun 2023SEK 2.3tSEK 513.9bSEK 193.3b9.2x12x4.5x
Sat, 13 May 2023SEK 2.3tSEK 503.7bSEK 190.2b9.6x11.9x4.5x
Mon, 10 Apr 2023SEK 1.6tSEK 390.6bSEK 144.2b9.4x11x4.1x
Wed, 08 Mar 2023SEK 1.7tSEK 370.5bSEK 126.0b11.4x13.6x4.6x
Fri, 03 Feb 2023SEK 1.7tSEK 357.0bSEK 110.5b10.7x15.4x4.8x
Sun, 01 Jan 2023SEK 2.1tSEK 353.1bSEK 68.5b10x31.1x6x
Tue, 29 Nov 2022SEK 2.1tSEK 350.2bSEK 67.3b9.8x31.7x6.1x
Thu, 27 Oct 2022SEK 2.0tSEK 347.9bSEK 81.3b9.5x25.2x5.9x
Sat, 24 Sep 2022SEK 1.9tSEK 357.1bSEK 99.8b8.7x18.8x5.3x
Mon, 22 Aug 2022SEK 2.0tSEK 357.3bSEK 102.6b9.4x19.6x5.6x
Wed, 20 Jul 2022SEK 1.9tSEK 356.8bSEK 94.0b8.7x19.8x5.2x
Fri, 17 Jun 2022SEK 1.9tSEK 455.1bSEK 199.4b8.9x9.7x4.2x
Sun, 15 May 2022SEK 2.1tSEK 458.4bSEK 206.1b10x10.2x4.6x
Tue, 12 Apr 2022SEK 2.3tSEK 630.3bSEK 363.3b8.2x6.4x3.7x
Thu, 10 Mar 2022SEK 2.3tSEK 661.2bSEK 393.1b7.6x5.7x3.4x
Sat, 05 Feb 2022SEK 2.5tSEK 648.7bSEK 368.2b10.5x6.9x3.9x
Mon, 03 Jan 2022SEK 2.9tSEK 574.2bSEK 300.2b11.6x9.6x5x
Wed, 01 Dec 2021SEK 2.9tSEK 572.6bSEK 300.5b10.4x9.6x5x
Price to Earnings Ratio

9.6x


Total Market Cap: SEK 2.9tTotal Earnings: SEK 300.5bTotal Revenue: SEK 572.6bTotal 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 6.9x which is lower than its 3-year average PE of 11.8x.
  • The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 6.7% per year over the last three years.
  • Revenues for these companies have grown 4.5% 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-0.23%
Financials0.31%
Insurance6.28%
Capital Markets2.61%
Diversified Financial0.15%
Mortgage Finance0%
Mortgage REITs0%
Banks-0.90%
Consumer Finance-1.60%
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 28.3%, which is lower than the prior year's growth of 40.9% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 5.7x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 31% over the next 5 years.
  • However this is lower than its past earnings growth rate of 107% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings decline by 51% 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
EQT EQTSEK 307.104.5%
+SEK 15.6b		22.9%PE104.7x
INVE A InvestorSEK 296.100.4%
+SEK 3.4b		38.4%PE4.4x
CS CoinShares InternationalSEK 87.9016.0%
+SEK 794.4m		117.0%PS5.6x
INDU A AB IndustrivärdenSEK 357.800.2%
+SEK 259.1m		14.5%PE4.9x
ORES Investment AB ÖresundSEK 113.402.9%
+SEK 142.2m		14.0%PE5.4x
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