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Swedish (OMX) Financials Sector Analysis

UpdatedDec 24, 2024
DataAggregated Company Financials
Companies67
  • 7D-2.5%
  • 3M-5.1%
  • 1Y12.9%
  • YTD11.9%

Over the last 7 days, the Financials industry has dropped 2.5%, driven by EQT declining 6.0%. On the other hand Linc is actually up 5.8%. This takes the industry's 12 month performance to a gain of 13%. 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
Wed, 25 Dec 2024SEK 2.5tSEK 656.1bSEK 366.7b8.3x6.8x3.8x
Fri, 22 Nov 2024SEK 2.5tSEK 654.4bSEK 364.9b8.1x6.9x3.8x
Sun, 20 Oct 2024SEK 2.6tSEK 649.1bSEK 348.8b8.6x7.4x4x
Tue, 17 Sep 2024SEK 3.0tSEK 748.1bSEK 372.9b8.6x8.1x4.1x
Thu, 15 Aug 2024SEK 2.9tSEK 751.2bSEK 373.3b8.7x7.8x3.9x
Sat, 13 Jul 2024SEK 3.0tSEK 725.8bSEK 344.9b13.4x8.8x4.2x
Mon, 10 Jun 2024SEK 3.0tSEK 733.0bSEK 353.3b14.4x8.4x4x
Wed, 08 May 2024SEK 2.9tSEK 734.9bSEK 370.6b12.7x7.9x4x
Fri, 05 Apr 2024SEK 2.9tSEK 689.4bSEK 328.5b12.2x8.9x4.2x
Sun, 03 Mar 2024SEK 2.9tSEK 681.6bSEK 326.2b11.3x8.9x4.3x
Tue, 30 Jan 2024SEK 2.8tSEK 688.8bSEK 346.5b10.1x8x4x
Thu, 28 Dec 2023SEK 2.7tSEK 668.6bSEK 331.1b11x8.1x4x
Sat, 25 Nov 2023SEK 2.5tSEK 665.6bSEK 333.3b9.2x7.5x3.7x
Mon, 23 Oct 2023SEK 2.4tSEK 662.6bSEK 324.1b8.7x7.3x3.6x
Wed, 20 Sep 2023SEK 2.4tSEK 674.2bSEK 335.4b9.1x7.2x3.6x
Fri, 18 Aug 2023SEK 2.4tSEK 667.8bSEK 331.0b8.5x7.1x3.5x
Sun, 16 Jul 2023SEK 2.4tSEK 525.3bSEK 199.2b10x11.8x4.5x
Tue, 13 Jun 2023SEK 2.3tSEK 514.7bSEK 193.6b9.6x12x4.5x
Thu, 11 May 2023SEK 2.2tSEK 503.0bSEK 189.9b9.5x11.8x4.5x
Sat, 08 Apr 2023SEK 1.6tSEK 390.6bSEK 144.2b9.4x11x4.1x
Mon, 06 Mar 2023SEK 1.7tSEK 368.3bSEK 125.2b10.6x13.7x4.7x
Wed, 01 Feb 2023SEK 1.6tSEK 357.6bSEK 110.6b10.3x14.9x4.6x
Fri, 30 Dec 2022SEK 2.1tSEK 352.9bSEK 68.4b10.1x31.4x6.1x
Sun, 27 Nov 2022SEK 2.2tSEK 349.6bSEK 67.2b10x32.1x6.2x
Tue, 25 Oct 2022SEK 2.0tSEK 347.1bSEK 82.8b8.9x24x5.7x
Thu, 22 Sep 2022SEK 1.9tSEK 356.5bSEK 99.7b8.9x19.5x5.4x
Sat, 20 Aug 2022SEK 2.0tSEK 357.0bSEK 102.3b9.7x19.9x5.7x
Mon, 18 Jul 2022SEK 1.9tSEK 356.8bSEK 94.0b8.7x19.8x5.2x
Wed, 15 Jun 2022SEK 2.0tSEK 454.1bSEK 199.9b9.1x10x4.4x
Fri, 13 May 2022SEK 2.0tSEK 463.8bSEK 211.9b9.6x9.7x4.4x
Sun, 10 Apr 2022SEK 2.4tSEK 629.7bSEK 363.2b8.3x6.5x3.7x
Tue, 08 Mar 2022SEK 2.2tSEK 662.0bSEK 393.1b7.7x5.5x3.3x
Thu, 03 Feb 2022SEK 2.6tSEK 655.6bSEK 374.5b10.7x7x4x
Sat, 01 Jan 2022SEK 2.9tSEK 574.2bSEK 300.2b11.6x9.6x5x
Price to Earnings Ratio

9.6x


Total Market Cap: SEK 2.9tTotal Earnings: SEK 300.2bTotal Revenue: SEK 574.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Financials Sector Price to Earnings3Y Average 11.7x202220232024
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 6.8x which is lower than its 3-year average PE of 11.7x.
  • The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 6.9% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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-2.48%
Financials-2.53%
Insurance0.12%
Mortgage Finance0%
Mortgage REITs0%
Banks-1.89%
Diversified Financial-1.96%
Capital Markets-4.62%
Consumer Finance-6.88%
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 27.6%, 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
SAVE NordnetSEK 232.401.6%
+SEK 906.8m		37.4%PE21.5x
BURE Bure EquitySEK 376.601.4%
+SEK 385.6m		32.0%PE2.8x
LINC LincSEK 85.304.5%
+SEK 214.3m		26.4%PE3.1x
AZA Avanza Bank HoldingSEK 267.400.3%
+SEK 110.1m		16.9%PE19.8x
TFBANK TF BankSEK 367.001.4%
+SEK 107.5m		122.4%PB3.1x
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Latest News

MANG

SEK 2,300.00

Mangold Fondkommission

7D

4.5%

1Y

-11.5%

SEB A

SEK 149.45

Skandinaviska Enskilda Banken

7D

-2.9%

1Y

9.4%

HOFI

SEK 90.20

Hoist Finance

7D

-7.6%

1Y

150.9%

CAT B

SEK 26.80

Catella

7D

2.9%

1Y

-13.7%

SWED A

SEK 215.70

Swedbank

7D

-0.2%

1Y

8.2%

SAVE

SEK 232.40

Nordnet

7D

1.6%

1Y

37.4%

EQT

SEK 302.60

EQT

7D

-4.8%

1Y

8.2%

TFBANK

SEK 367.00

TF Bank

7D

1.4%

1Y

122.4%

AZA

SEK 267.40

Avanza Bank Holding

7D

0.3%

1Y

16.9%

LUND B

SEK 499.20

L E Lundbergföretagen

7D

-1.6%

1Y

-9.7%

L E Lundbergföretagen AB (publ)'s (STO:LUND B) Business And Shares Still Trailing The Market

Nov 30
L E Lundbergföretagen AB (publ)'s (STO:LUND B) Business And Shares Still Trailing The Market

BURE

SEK 376.60

Bure Equity

7D

1.4%

1Y

32.0%

KINV B

SEK 72.89

Kinnevik

7D

-4.7%

1Y

-32.6%

ORES

SEK 107.20

Investment AB Öresund

7D

1.5%

1Y

2.9%

LINC

SEK 85.30

Linc

7D

4.5%

1Y

26.4%

INVE A

SEK 290.50

Investor

7D

-1.3%

1Y

26.5%

INDU A

SEK 346.80

AB Industrivärden

7D

-2.6%

1Y

5.3%

AB Industrivärden (publ)'s (STO:INDU A) Prospects Need A Boost To Lift Shares

Sep 16
AB Industrivärden (publ)'s (STO:INDU A) Prospects Need A Boost To Lift Shares