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Swedish (OMX) Diversified Banks Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
  • 7D0.2%
  • 3M1.2%
  • 1Y16.3%
  • YTDn/a

The Diversified Banks industry has stayed flat over the last week. As for the the longer term, the industry is up 17% over the past 12 months. Looking forward, earnings are forecast to decline by 6.9% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024SEK 782.4bSEK 221.6bSEK 100.2b8.1x7.8x3.5x
Sat, 19 Oct 2024SEK 770.7bSEK 221.9bSEK 101.6b7.4x7.6x3.5x
Mon, 16 Sep 2024SEK 1.2tSEK 355.7bSEK 159.2b7.3x7.5x3.4x
Wed, 14 Aug 2024SEK 1.2tSEK 357.7bSEK 160.1b7.3x7.4x3.3x
Fri, 12 Jul 2024SEK 1.2tSEK 354.6bSEK 161.0b7.4x7.6x3.5x
Sun, 09 Jun 2024SEK 1.2tSEK 354.3bSEK 160.9b7.4x7.6x3.5x
Tue, 07 May 2024SEK 1.2tSEK 357.5bSEK 162.3b7.3x7.5x3.4x
Thu, 04 Apr 2024SEK 1.2tSEK 350.6bSEK 158.4b7.7x7.6x3.4x
Sat, 02 Mar 2024SEK 1.3tSEK 346.4bSEK 156.6b8.2x8.2x3.7x
Mon, 29 Jan 2024SEK 1.3tSEK 347.4bSEK 158.6b8.1x7.9x3.6x
Wed, 27 Dec 2023SEK 1.2tSEK 340.3bSEK 155.1b7.7x7.5x3.4x
Fri, 24 Nov 2023SEK 1.1tSEK 344.9bSEK 157.1b7.1x7x3.2x
Sun, 22 Oct 2023SEK 1.1tSEK 337.4bSEK 151.4b7.5x7.5x3.4x
Tue, 19 Sep 2023SEK 1.1tSEK 331.8bSEK 146.7b7.6x7.6x3.4x
Thu, 17 Aug 2023SEK 1.1tSEK 331.1bSEK 146.5b7.5x7.5x3.3x
Sat, 15 Jul 2023SEK 1.1tSEK 305.0bSEK 130.3b8.3x8.3x3.5x
Mon, 12 Jun 2023SEK 1.1tSEK 306.2bSEK 130.8b8.1x8x3.4x
Wed, 10 May 2023SEK 993.1bSEK 301.2bSEK 128.7b7.7x7.7x3.3x
Fri, 07 Apr 2023SEK 1.0tSEK 278.6bSEK 112.2b8.7x9x3.6x
Sun, 05 Mar 2023SEK 1.2tSEK 276.0bSEK 111.2b10.2x11x4.4x
Tue, 31 Jan 2023SEK 1.2tSEK 263.6bSEK 106.1b10.9x10.9x4.4x
Thu, 29 Dec 2022SEK 1.1tSEK 256.6bSEK 104.3b10.1x10.4x4.2x
Sat, 26 Nov 2022SEK 1.1tSEK 254.0bSEK 103.4b10x10.3x4.2x
Mon, 24 Oct 2022SEK 1.0tSEK 254.5bSEK 104.0b9.9x10x4.1x
Wed, 21 Sep 2022SEK 986.9bSEK 248.8bSEK 102.5b9.5x9.6x4x
Fri, 19 Aug 2022SEK 976.3bSEK 246.3bSEK 101.6b9.2x9.6x4x
Sun, 17 Jul 2022SEK 882.1bSEK 244.0bSEK 101.2b8.7x8.7x3.6x
Tue, 14 Jun 2022SEK 958.7bSEK 244.2bSEK 102.4b9.2x9.4x3.9x
Thu, 12 May 2022SEK 958.9bSEK 248.1bSEK 107.6b9.3x8.9x3.9x
Sat, 09 Apr 2022SEK 975.6bSEK 242.3bSEK 105.2b9.7x9.3x4x
Mon, 07 Mar 2022SEK 908.9bSEK 247.1bSEK 107.2b8.5x8.5x3.7x
Wed, 02 Feb 2022SEK 1.1tSEK 245.0bSEK 102.2b11.4x11x4.6x
Fri, 31 Dec 2021SEK 1.1tSEK 241.9bSEK 100.4b11.6x11.1x4.6x
Sun, 28 Nov 2021SEK 1.1tSEK 242.5bSEK 100.6b11.5x11x4.6x
Price to Earnings Ratio

11x


Total Market Cap: SEK 1.1tTotal Earnings: SEK 100.6bTotal Revenue: SEK 242.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Diversified Banks Industry Price to Earnings3Y Average 8.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Diversified Banks 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 7.8x which is lower than its 3-year average PE of 8.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 3.0% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Swedish Diversified Banks compare with similar industries?

SE Market-2.05%
Financials-0.64%
Banks0.21%
Diversified Banks0.21%
Regional Banks0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SEB A Skandinaviska Enskilda BankenSEK 151.000.9%
+SEK 2.6b		20.6%PB1.4x
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TFBANK

SEK 319.00

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7D

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SEK 110.05

Svenska Handelsbanken

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1Y

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7D

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1Y

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