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Swedish (OMX) Financials Sector Analysis

UpdatedJan 24, 2025
DataAggregated Company Financials
Companies68
  • 7D5.1%
  • 3M8.6%
  • 1Y22.1%
  • YTD9.4%

Over the last 7 days, the Financials industry has risen 3.3%, driven by gains from EQT of 11%. During this same period, the Linc underperformed, falling 19%. This means that the industry has gained 22% over the past year. Looking forward, earnings are forecast to decline by 17% per year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Jan 2025SEK 2.8tSEK 656.4bSEK 367.0b9.1x7.7x4.3x
Sun, 22 Dec 2024SEK 2.5tSEK 656.1bSEK 366.7b8.5x6.8x3.8x
Tue, 19 Nov 2024SEK 2.5tSEK 654.3bSEK 364.9b8.2x6.9x3.9x
Thu, 17 Oct 2024SEK 2.6tSEK 615.7bSEK 316.2b8.7x8.2x4.2x
Sat, 14 Sep 2024SEK 3.0tSEK 748.1bSEK 372.9b8.6x8.1x4x
Mon, 12 Aug 2024SEK 2.9tSEK 750.6bSEK 373.1b8.6x7.7x3.9x
Wed, 10 Jul 2024SEK 2.9tSEK 724.3bSEK 344.3b13.3x8.5x4x
Fri, 07 Jun 2024SEK 2.9tSEK 731.7bSEK 353.0b14.3x8.3x4x
Sun, 05 May 2024SEK 2.8tSEK 734.4bSEK 369.5b12.1x7.7x3.9x
Tue, 02 Apr 2024SEK 2.9tSEK 688.8bSEK 327.8b11.4x8.8x4.2x
Thu, 29 Feb 2024SEK 2.9tSEK 681.3bSEK 326.3b11.5x8.8x4.2x
Sat, 27 Jan 2024SEK 2.8tSEK 689.9bSEK 347.3b9.8x8x4x
Mon, 25 Dec 2023SEK 2.7tSEK 668.5bSEK 331.0b9.9x8x4x
Wed, 22 Nov 2023SEK 2.4tSEK 673.4bSEK 332.8b8.8x7.4x3.6x
Fri, 20 Oct 2023SEK 2.4tSEK 676.6bSEK 339.5b8.8x7.1x3.6x
Sun, 17 Sep 2023SEK 2.4tSEK 674.2bSEK 336.0b9.2x7.2x3.6x
Tue, 15 Aug 2023SEK 2.4tSEK 667.0bSEK 330.6b8.9x7.3x3.6x
Thu, 13 Jul 2023SEK 2.3tSEK 521.6bSEK 201.1b10.1x11.5x4.4x
Sat, 10 Jun 2023SEK 2.3tSEK 514.7bSEK 193.6b9.2x12.1x4.5x
Mon, 08 May 2023SEK 2.3tSEK 502.7bSEK 189.8b9.9x12.1x4.6x
Wed, 05 Apr 2023SEK 1.5tSEK 370.9bSEK 125.9b9.8x11.6x4x
Fri, 03 Mar 2023SEK 1.7tSEK 368.4bSEK 125.2b10.5x13.5x4.6x
Sun, 29 Jan 2023SEK 1.6tSEK 351.8bSEK 108.1b10.5x15.2x4.7x
Tue, 27 Dec 2022SEK 2.1tSEK 353.1bSEK 68.5b10x31x6x
Thu, 24 Nov 2022SEK 2.2tSEK 348.9bSEK 67.4b10.1x32x6.2x
Sat, 22 Oct 2022SEK 2.0tSEK 347.1bSEK 82.8b8.9x24x5.7x
Mon, 19 Sep 2022SEK 1.9tSEK 355.5bSEK 99.2b8.9x19.6x5.5x
Wed, 17 Aug 2022SEK 2.1tSEK 355.9bSEK 101.9b9.8x20.5x5.9x
Fri, 15 Jul 2022SEK 1.9tSEK 449.7bSEK 194.8b8.7x9.7x4.2x
Sun, 12 Jun 2022SEK 2.0tSEK 453.2bSEK 199.5b9.2x10.3x4.5x
Tue, 10 May 2022SEK 2.0tSEK 465.2bSEK 212.5b9.3x9.3x4.2x
Thu, 07 Apr 2022SEK 2.4tSEK 657.0bSEK 389.8b8x6.2x3.7x
Sat, 05 Mar 2022SEK 2.2tSEK 661.3bSEK 392.9b7.7x5.5x3.3x
Mon, 31 Jan 2022SEK 2.5tSEK 657.0bSEK 374.6b10.5x6.8x3.9x
Price to Earnings Ratio

6.8x


Total Market Cap: SEK 2.5tTotal Earnings: SEK 374.6bTotal Revenue: SEK 657.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Financials Sector Price to Earnings3Y Average 11.7x202320242025
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 7.5x which is lower than its 3-year average PE of 11.7x.
  • The industry is trading close to its 3-year average PS ratio of 4.3x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Financials industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

SE Market3.26%
Financials5.05%
Capital Markets9.60%
Banks4.34%
Diversified Financial3.54%
Mortgage Finance0%0
Mortgage REITs0%0
Insurance-2.60%
Consumer Finance-5.12%
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 28.7%, which is lower than the prior year's growth of 93.7% 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 29% 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 377.5011.1%
+SEK 44.4b		36.3%PE129.1x
INVE A InvestorSEK 313.603.3%
+SEK 30.6b		30.4%PE4.7x
SWED A SwedbankSEK 246.706.3%
+SEK 16.5b		16.0%PB1.3x
SEB A Skandinaviska Enskilda BankenSEK 166.053.6%
+SEK 11.6b		9.4%PB1.5x
SHB A Svenska HandelsbankenSEK 124.953.8%
+SEK 9.1b		8.1%PB1.2x
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Latest News

VEFAB

SEK 1.72

VEF

7D

-8.4%

1Y

-8.4%

EQT

SEK 377.50

EQT

7D

11.1%

1Y

36.3%

AZA

SEK 331.80

Avanza Bank Holding

7D

16.0%

1Y

55.3%

INVE A

SEK 313.60

Investor

7D

3.3%

1Y

30.4%

SWED A

SEK 246.70

Swedbank

7D

6.3%

1Y

16.0%

NORION

SEK 37.30

Norion Bank

7D

-3.5%

1Y

-7.9%

TFBANK

SEK 402.00

TF Bank

7D

-3.8%

1Y

128.4%

LINC

SEK 76.60

Linc

7D

-18.5%

1Y

22.4%

SAVE

SEK 268.80

Nordnet

7D

5.8%

1Y

70.1%

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INDU A

SEK 386.80

AB Industrivärden

7D

5.5%

1Y

18.3%

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SHB A

SEK 124.95

Svenska Handelsbanken

7D

3.8%

1Y

8.1%

SEB A

SEK 166.05

Skandinaviska Enskilda Banken

7D

3.6%

1Y

9.4%

HOFI

SEK 88.80

Hoist Finance

7D

-8.1%

1Y

155.2%

QLIRO

SEK 22.90

Qliro

7D

-3.8%

1Y

19.3%

ARBO A

SEK 3.20

Arbona

7D

-3.0%

1Y

19.4%

SFAB

SEK 82.40

Solid Försäkringsaktiebolag

7D

-2.6%

1Y

39.0%