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Swedish (OMX) Financials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies53
  • 7D0.7%
  • 3M5.2%
  • 1Y43.9%
  • YTD40.5%

Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 44% in that time.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021kr2.9tkr572.5bkr300.5b11.1x
Tue, 02 Nov 2021kr2.8tkr570.9bkr307.5b10.2x
Thu, 30 Sep 2021kr2.6tkr595.6bkr336.6b10.1x
Sat, 28 Aug 2021kr2.7tkr595.6bkr335.7b10.4x
Sun, 04 Jul 2021kr2.5tkr595.6bkr335.7b9.9x
Wed, 07 Apr 2021kr2.3tkr633.9bkr371.5b8.4x
Sat, 09 Jan 2021kr1.9tkr418.0bkr188.5b10.5x
Fri, 02 Oct 2020kr1.8tkr445.6bkr215.7b9.6x
Mon, 06 Jul 2020kr1.4tkr359.5bkr147.6b9.8x
Thu, 09 Apr 2020kr1.1tkr305.4bkr84.6b12.8x
Wed, 01 Jan 2020kr1.5tkr450.3bkr233.9b8.5x
Sat, 05 Oct 2019kr1.4tkr330.1bkr103.4b12x
Tue, 09 Jul 2019kr1.2tkr326.0bkr114.5b10.1x
Mon, 01 Apr 2019kr1.2tkr316.3bkr114.9b10.9x
Thu, 03 Jan 2019kr1.1tkr279.7bkr80.8b9.9x
PE Ratio

9.9x

Total Market Cap: kr1.1tTotal Earnings: kr80.8bTotal Revenue: kr279.7b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.6x. However, future earnings are expected to decline by 21% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 55% per year over the last three years, and revenues for these companies have grown 27% 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?

Banks1.26%
Diversified Financial0.65%
Capital Markets-0.17%
Consumer Finance-4.34%

Industry PE: Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 18.6x. However analysts are expecting annual earnings growth of 22%, which is lower than the prior year's growth of 188% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 8.1x.

Forecasted Growth: Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 33% over the next 5 years. This is better than its past earnings decline of 5.5% per year. Meanwhile, the Diversified Financial industry is expected to see its earnings decline by 79% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
INVE A Investor2.3%+kr15.0b50.5%PE4.4x
SEB A Skandinaviska Enskilda Banken2.1%+kr6.0b43.2%PB1.5x
NDA SE Nordea Bank Abp1.6%+kr5.7b44.4%PB1.1x
EQT EQT0.4%+kr2.2b170.1%PE83.3x
SHB A Svenska Handelsbanken0.3%+kr633.6m8.0%PB1x
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