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Swedish (OMX) Banks Industry Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies6
  • 7D1.6%
  • 3M6.8%
  • 1Y35.7%
  • YTD46.9%

Over the last 7 days, the Banks industry has risen 1.3%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 31%.

Industry Valuation and Performance

Has the Swedish Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 09 Dec 2021kr1.1tkr242.0bkr100.5b12x
Sat, 06 Nov 2021kr1.2tkr238.7bkr99.2b12.5x
Mon, 04 Oct 2021kr1.1tkr234.9bkr94.3b12.7x
Wed, 01 Sep 2021kr1.1tkr234.7bkr94.3b11.9x
Thu, 08 Jul 2021kr1.0tkr234.7bkr94.3b11.4x
Wed, 31 Mar 2021kr946.1bkr220.3bkr81.9b11.8x
Sat, 02 Jan 2021kr786.3bkr205.8bkr67.2b11.8x
Tue, 06 Oct 2020kr760.8bkr210.5bkr68.4b10.5x
Fri, 10 Jul 2020kr573.1bkr162.4bkr39.9b10.8x
Thu, 02 Apr 2020kr500.6bkr174.1bkr47.1b8.9x
Sun, 05 Jan 2020kr659.4bkr179.0bkr56.0b10.5x
Wed, 09 Oct 2019kr643.2bkr178.7bkr53.5b10.3x
Tue, 02 Jul 2019kr621.2bkr180.1bkr65.0b9.9x
Fri, 05 Apr 2019kr613.4bkr182.3bkr75.0b8.3x
Mon, 07 Jan 2019kr715.2bkr181.8bkr74.9b9x
PE Ratio

9x

Total Market Cap: kr715.2bTotal Earnings: kr74.9bTotal Revenue: kr181.8b0%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 10.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 10% per year over the last three years, and revenues for these companies have grown 10.0% 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 Banks industry?

Diversified Banks1.63%

Industry PE: Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 10.8x. However analysts are expecting annual earnings growth of 0.2%, which is lower than the prior year's growth of 48% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 0.2% over the next 5 years.

Top Stock Gainers and Losers

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

Company7D1YValuation
NDA SE Nordea Bank Abp0.6%+kr2.0b47.2%PB1.2x
SWED A Swedbank0.2%+kr314.0m16.9%PB1.3x
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COLL

kr38.94

Collector

7D

-4.0%

1Y

69.7%