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Swedish (OMX) Asset Management Industry Analysis

UpdatedJan 30, 2026
DataAggregated Company Financials
Companies41
  • 7D-7.7%
  • 3M-0.7%
  • 1Y-7.2%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 7.7%, driven by a pullback from EQT of 8.4%. In contrast, VEF has gained 7.3%. Overall the industry is down 7.2% in 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Swedish Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 31 Jan 2026SEK 473.9bSEK 74.3bSEK 11.7b17.9x40.5x6.4x
Mon, 29 Dec 2025SEK 491.5bSEK 74.4bSEK 12.4b20.9x39.5x6.6x
Wed, 26 Nov 2025SEK 453.5bSEK 75.1bSEK 12.6b22x35.9x6x
Fri, 24 Oct 2025SEK 454.3bSEK 74.5bSEK 12.4b22x36.7x6.1x
Sun, 21 Sep 2025SEK 479.7bSEK 76.3bSEK 12.7b22.8x37.6x6.3x
Tue, 19 Aug 2025SEK 475.4bSEK 76.5bSEK 12.1b24x39.2x6.2x
Thu, 17 Jul 2025SEK 504.0bSEK 77.2bSEK 12.2b22.1x41.2x6.5x
Sat, 14 Jun 2025SEK 411.2bSEK 75.2bSEK 11.0b19.3x37.3x5.5x
Mon, 12 May 2025SEK 419.1bSEK 80.7bSEK 16.9b15.9x24.8x5.2x
Wed, 09 Apr 2025SEK 364.7bSEK 82.3bSEK 18.0b10.9x20.3x4.4x
Fri, 07 Mar 2025SEK 434.1bSEK 76.1bSEK 17.3b9.5x25.1x5.7x
Sun, 02 Feb 2025SEK 500.7bSEK 80.4bSEK 15.7b9.1x31.9x6.2x
Tue, 31 Dec 2024SEK 423.5bSEK 76.2bSEK 11.1b6x38.3x5.6x
Thu, 28 Nov 2024SEK 433.3bSEK 76.3bSEK 11.1b6.3x39.1x5.7x
Sat, 26 Oct 2024SEK 439.7bSEK 72.5b-SEK 6,010,385,470.815.9x-73.2x6.1x
Mon, 23 Sep 2024SEK 492.2bSEK 71.8b-SEK 6,259,742,852.238.6x-78.6x6.9x
Wed, 21 Aug 2024SEK 455.7bSEK 72.2b-SEK 5,805,227,320.668.8x-78.5x6.3x
Fri, 19 Jul 2024SEK 449.2bSEK 69.8b-SEK 15,751,368,017.9335.7x-28.5x6.4x
Sun, 16 Jun 2024SEK 435.7bSEK 69.4b-SEK 14,938,153,184.2728.5x-29.2x6.3x
Tue, 14 May 2024SEK 454.0bSEK 70.1bSEK 2.7b25x168.7x6.5x
Thu, 11 Apr 2024SEK 458.3bSEK 72.1bSEK 2.6b14.3x176.4x6.4x
Sat, 09 Mar 2024SEK 461.7bSEK 69.9bSEK 1.9b11.9x244.3x6.6x
Mon, 05 Feb 2024SEK 388.2bSEK 69.7bSEK 15.0b17.5x25.8x5.6x
Wed, 03 Jan 2024SEK 391.7bSEK 66.0bSEK 13.1b16.6x29.9x5.9x
Fri, 01 Dec 2023SEK 352.5bSEK 66.5bSEK 13.3b14.7x26.6x5.3x
Sun, 29 Oct 2023SEK 284.4bSEK 64.6bSEK 10.8b15.5x26.4x4.4x
Tue, 26 Sep 2023SEK 306.0bSEK 64.5bSEK 11.4b15.9x26.8x4.7x
Thu, 24 Aug 2023SEK 303.5bSEK 63.8bSEK 11.7b14.5x25.9x4.8x
Sat, 22 Jul 2023SEK 330.7bSEK 60.1bSEK 4.7b16.9x69.9x5.5x
Mon, 19 Jun 2023SEK 290.8bSEK 55.2bSEK 7.3b33x39.9x5.3x
Wed, 17 May 2023SEK 272.3bSEK 54.7bSEK 10.4b44.7x26.2x5x
Fri, 14 Apr 2023SEK 284.6bSEK 53.6bSEK 10.2b25.5x28x5.3x
Sun, 12 Mar 2023SEK 290.6bSEK 53.7bSEK 10.1b23x28.7x5.4x
Tue, 07 Feb 2023SEK 333.3bSEK 50.7b-SEK 2,869,016,995.006.7x-116.2x6.6x
Price to Earnings Ratio

-116.2x


Total Market Cap: SEK 333.3bTotal Earnings: -SEK 2,869,016,995.00Total Revenue: SEK 50.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Asset Management Industry Price to Earnings3Y Average 35.7x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Asset Management and Custody Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.5x which is higher than its 3-year average PE of 35.5x.
  • The industry is trading close to its 3-year average PS ratio of 5.8x.
Past Earnings Growth
  • Total earnings for the Asset Management and Custody Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Swedish Asset Management compare with similar industries?

SE Market-0.32%
Financials-1.64%
Capital Markets-5.13%
Asset Management-7.66%
Financial Exchanges and Data6.15%
Investment Banking and Brokerage5.97%
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
TRAN A TransferatorSEK 1.315.7%
+SEK 6.7m		-29.5%PE55.4x
HILB B Hilbert GroupSEK 7.18-7.9%
SEK 4.5m		27.8%PS4.4x
ABIG Abelco Investment GroupSEK 0.00350.0%
+SEK 2.3m		-70.0%PS5.2x
NAXS NAXSSEK 38.900.5%
+SEK 1.9m		-27.4%PB0.8x
SEAF SeafireSEK 9.100.4%
+SEK 1.7m		72.3%PS0.4x

Latest News

VNV
SEK 18.35
VNV Global
7D
-7.4%
1Y
-16.9%
NAXS
SEK 38.90
NAXS
7D
0.5%
1Y
-27.4%
TRAN A
SEK 1.31
Transferator
7D
5.7%
1Y
-29.5%
UPGRAD
SEK 4.50
Upgrade Invest Nordic
7D
0.9%
1Y
-17.4%
EQT
SEK 338.00
EQT
7D
-7.7%
1Y
-7.3%

EQT AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Jan 26
EQT AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
SEAF
SEK 9.10
Seafire
7D
0.4%
1Y
72.3%
CS
SEK 97.90
CoinShares International
7D
-4.6%
1Y
2.4%
RATO B
SEK 38.04
Ratos
7D
-3.2%
1Y
9.2%

RATO B: Higher Future P/E Assumptions Will Support A More Optimistic Outlook

The analyst price target for Ratos has been raised from SEK 41 to SEK 50. Analysts highlight a lower discount rate and a higher assumed future P/E multiple as key drivers, while also reflecting more cautious expectations for revenue growth and a slightly softer profit margin.
HILB B
SEK 7.18
Hilbert Group
7D
-7.9%
1Y
27.8%

What You Can Learn From Hilbert Group AB (publ)'s (STO:HILB B) P/S

Jan 14
What You Can Learn From Hilbert Group AB (publ)'s (STO:HILB B) P/S
STWK
SEK 20.70
Stockwik Förvaltning
7D
0.5%
1Y
2.5%

Market Might Still Lack Some Conviction On Stockwik Förvaltning AB (publ) (STO:STWK) Even After 26% Share Price Boost

Jan 09
Market Might Still Lack Some Conviction On Stockwik Förvaltning AB (publ) (STO:STWK) Even After 26% Share Price Boost
FIRST B
SEK 1.41
First Venture Sweden
7D
1.8%
1Y
-16.1%
BURE
SEK 219.80
Bure Equity
7D
-3.3%
1Y
-45.7%
ROKO B
SEK 1,594.60
Röko
7D
-4.5%
1Y
n/a
LINC
SEK 59.90
Linc
7D
-4.6%
1Y
-23.6%
FLAT B
SEK 11.80
Flat Capital
7D
-12.7%
1Y
-40.3%
ABIG
SEK 0.003
Abelco Investment Group
7D
50.0%
1Y
-70.0%