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Swedish (OMX) Capital Markets Industry Analysis

UpdatedSep 22, 2026
DataAggregated Company Financials
Companies45
  • 7D-0.4%
  • 3M11.9%
  • 1Y-6.7%
  • YTD-9.7%

The Capital Markets is pretty flat in the last 7 days, but Bure Equity has stood out, gaining 6.4%. Unfortunately though, the industry is down 6.7% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Swedish Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Sep 2026SEK 499.7bSEK 80.2bSEK 20.7b17.8x24.1x6.2x
Thu, 20 Aug 2026SEK 518.5bSEK 78.3bSEK 15.6b17.4x33.2x6.6x
Sat, 18 Jul 2026SEK 587.7bSEK 82.1bSEK 14.7b19.2x39.9x7.2x
Mon, 15 Jun 2026SEK 548.2bSEK 80.6bSEK 14.3b18.7x38.3x6.8x
Wed, 13 May 2026SEK 537.7bSEK 75.8bSEK 14.7b18.5x36.7x7.1x
Fri, 10 Apr 2026SEK 535.7bSEK 75.5bSEK 14.0b18.2x38.2x7.1x
Sun, 08 Mar 2026SEK 517.4bSEK 76.0bSEK 14.9b17.4x34.7x6.8x
Tue, 03 Feb 2026SEK 594.1bSEK 89.3bSEK 16.9b20.6x35.1x6.7x
Thu, 01 Jan 2026SEK 625.8bSEK 89.7bSEK 18.0b21.3x34.8x7x
Sat, 29 Nov 2025SEK 587.3bSEK 90.1bSEK 18.0b22.3x32.6x6.5x
Mon, 27 Oct 2025SEK 590.0bSEK 89.0bSEK 17.8b23.9x33.2x6.6x
Wed, 24 Sep 2025SEK 599.5bSEK 90.3bSEK 18.0b24.5x33.3x6.6x
Fri, 22 Aug 2025SEK 601.2bSEK 90.6bSEK 17.6b28.9x34.1x6.6x
Sun, 20 Jul 2025SEK 624.0bSEK 91.1bSEK 17.9b23.1x34.9x6.9x
Tue, 17 Jun 2025SEK 1.4tSEK 193.6bSEK 59.5b20.6x23.3x7.2x
Thu, 15 May 2025SEK 562.0bSEK 94.2bSEK 21.9b16.6x25.7x6x
Sat, 12 Apr 2025SEK 484.1bSEK 94.8bSEK 23.1b14.1x21x5.1x
Mon, 10 Mar 2025SEK 542.1bSEK 88.0bSEK 22.2b14.4x24.4x6.2x
Wed, 05 Feb 2025SEK 615.1bSEK 91.8bSEK 20.7b23.8x29.8x6.7x
Fri, 03 Jan 2025SEK 533.4bSEK 86.9bSEK 15.9b20.3x33.5x6.1x
Sun, 01 Dec 2024SEK 548.7bSEK 87.1bSEK 15.9b17.3x34.5x6.3x
Tue, 29 Oct 2024SEK 535.6bSEK 83.4b-SEK 1,229,866,150.8616.7x-435.5x6.4x
Thu, 26 Sep 2024SEK 563.4bSEK 82.3b-SEK 1,565,457,784.7118.6x-359.9x6.8x
Sat, 24 Aug 2024SEK 565.4bSEK 82.5b-SEK 1,397,527,389.1218.4x-404.6x6.9x
Mon, 22 Jul 2024SEK 545.1bSEK 81.8b-SEK 8,216,317,959.2528.5x-66.3x6.7x
Wed, 19 Jun 2024SEK 529.0bSEK 79.4b-SEK 10,262,535,808.1128.9x-51.5x6.7x
Fri, 17 May 2024SEK 571.0bSEK 80.2b-SEK 10,864,453,068.7121.2x-52.6x7.1x
Sun, 14 Apr 2024SEK 538.8bSEK 82.1bSEK 6.9b18.1x78.4x6.6x
Tue, 12 Mar 2024SEK 542.9bSEK 79.5bSEK 6.2b15.7x87.4x6.8x
Thu, 08 Feb 2024SEK 462.7bSEK 79.4bSEK 19.3b17.5x24x5.8x
Sat, 06 Jan 2024SEK 448.2bSEK 75.7bSEK 17.3b17.9x25.9x5.9x
Mon, 04 Dec 2023SEK 433.5bSEK 75.8bSEK 17.4b15.9x24.9x5.7x
Wed, 01 Nov 2023SEK 360.3bSEK 74.2bSEK 14.9b16.5x24.1x4.9x
Fri, 29 Sep 2023SEK 368.7bSEK 73.3bSEK 15.2b16.2x24.3x5x
Price to Earnings Ratio

24.3x


Total Market Cap: SEK 368.7bTotal Earnings: SEK 15.2bTotal Revenue: SEK 73.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Capital Markets Industry Price to Earnings3Y Average -3.3x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Capital Markets 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 24.1x which is higher than its 3-year average PE of -3.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 3.0% 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 Financials industry?

SE Market1.84%
Financials2.08%
Capital Markets-0.37%
Investment Banking and Brokerage1.47%
Financial Exchanges and Data-0.02%
Asset Management-0.62%
Industry PE
  • Investors are most optimistic about the Asset Management industry even though it's trading below its 3-year average PE ratio of 39.6x.
    • Analysts are expecting annual earnings growth of 29.4%, which is lower than the prior year's growth of 34.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 7.7% 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
BURE Bure EquitySEK 318.006.4%
+SEK 1.4b		12.7%PE4.7x
ROKO B RökoSEK 1.85k3.6%
+SEK 935.9m		-7.7%PE34.6x
AZA Avanza Bank HoldingSEK 396.301.5%
+SEK 931.2m		15.5%PE22.1x
SAVE NordnetSEK 343.800.2%
+SEK 198.8m		25.4%PE25.5x
RATO B RatosSEK 37.760.9%
+SEK 111.3m		5.7%PS0.6x

Latest News

SAVE
SEK 343.80
Nordnet
7D
0.2%
1Y
25.4%
CASE
SEK 21.30
Case Group
7D
6.5%
1Y
-27.1%
LINC
SEK 71.10
Linc
7D
-0.3%
1Y
-5.7%
EQT
SEK 303.60
EQT
7D
-1.4%
1Y
-10.1%
AZA
SEK 396.30
Avanza Bank Holding
7D
1.5%
1Y
15.5%
FLAT B
SEK 8.13
Flat Capital
7D
-7.4%
1Y
n/a
MANG
SEK 1,690.00
Mangold Fondkommission
7D
-1.2%
1Y
-11.5%
NAVIGO STAM
SEK 3.07
Navigo Invest
7D
-3.5%
1Y
52.7%
RATO B
SEK 37.76
Ratos
7D
0.9%
1Y
5.7%
AJA B
SEK 51.00
Byggmästare Anders J Ahlström Holding
7D
-1.9%
1Y
-19.0%
ROKO B
SEK 1,850.00
Röko
7D
3.6%
1Y
-7.7%
New Narrative • Sep 02

Acquisition Discipline And Niche Specialisation Will Support Long Term Earnings Quality

Catalysts About Röko Röko is a Swedish investment company that owns and develops a group of niche, mostly asset light, businesses across a range of sectors. What are the underlying business or industry changes driving this perspective?
BURE
SEK 318.00
Bure Equity
7D
6.4%
1Y
12.7%
GMERC B
SEK 1.85
GreenMerc
7D
-18.9%
1Y
-70.6%
TRAC B
SEK 254.00
AB Traction
7D
-2.3%
1Y
0%
CPE I
SEK 114.00
Coeli Private Equity
7D
7.5%
1Y
3.6%
VEFAB
SEK 1.83
VEF
7D
2.9%
1Y
-18.9%