Swedish (OMX) Asset Management Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies40
- 7D-0.7%
- 3M9.7%
- 1Y2.8%
- YTD6.7%
The Asset Management is pretty flat in the last 7 days, but AB Traction has stood out, gaining 3.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 50% annually.
Industry Valuation and Performance
Has the Swedish Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | kr354.2b | kr66.4b | kr13.3b | 14.9x | 26.7x | 5.3x |
| Sat, 28 Oct 2023 | kr284.4b | kr64.6b | kr10.9b | 15.5x | 26.2x | 4.4x |
| Mon, 25 Sep 2023 | kr319.3b | kr64.7b | kr11.5b | 16.2x | 27.8x | 4.9x |
| Wed, 23 Aug 2023 | kr321.8b | kr63.8b | kr11.7b | 14.5x | 27.5x | 5x |
| Fri, 21 Jul 2023 | kr322.2b | kr60.0b | kr4.7b | 17x | 68.1x | 5.4x |
| Sun, 18 Jun 2023 | kr290.8b | kr55.2b | kr7.3b | 33x | 40x | 5.3x |
| Tue, 16 May 2023 | kr279.1b | kr54.6b | kr10.4b | 35.6x | 26.9x | 5.1x |
| Thu, 13 Apr 2023 | kr283.6b | kr53.7b | kr10.2b | 22.2x | 27.8x | 5.3x |
| Sat, 11 Mar 2023 | kr290.6b | kr53.7b | kr10.1b | 23x | 28.7x | 5.4x |
| Mon, 06 Feb 2023 | kr347.2b | kr50.7b | -kr2,835,441,476.00 | 6.9x | -122.4x | 6.9x |
| Wed, 04 Jan 2023 | kr301.4b | kr51.7b | kr3.9b | 6.6x | 78.2x | 5.8x |
| Fri, 02 Dec 2022 | kr323.4b | kr51.2b | kr3.6b | 6.5x | 89.3x | 6.3x |
| Sun, 30 Oct 2022 | kr291.2b | kr51.4b | kr18.9b | 6.5x | 15.4x | 5.7x |
| Tue, 27 Sep 2022 | kr246.4b | kr48.9b | kr19.2b | 5.9x | 12.8x | 5x |
| Thu, 25 Aug 2022 | kr284.4b | kr48.3b | kr19.2b | 7.7x | 14.8x | 5.9x |
| Sat, 23 Jul 2022 | kr305.0b | kr50.1b | kr11.2b | 7.9x | 27.3x | 6.1x |
| Mon, 20 Jun 2022 | kr271.9b | kr50.3b | kr12.9b | 5.5x | 21.2x | 5.4x |
| Wed, 18 May 2022 | kr340.2b | kr50.2b | kr13.1b | 4.4x | 26x | 6.8x |
| Fri, 15 Apr 2022 | kr440.6b | kr55.4b | -kr4,667,603,507.00 | 4x | -94.4x | 7.9x |
| Sun, 13 Mar 2022 | kr378.3b | kr58.1b | -kr5,052,941,615.00 | 4.3x | -74.9x | 6.5x |
| Tue, 08 Feb 2022 | kr429.6b | kr52.1b | -kr16,919,088,079.00 | 10.9x | -25.4x | 8.2x |
| Thu, 06 Jan 2022 | kr585.0b | kr50.8b | -kr16,731,799,897.00 | 11.6x | -35x | 11.5x |
| Sat, 04 Dec 2021 | kr648.3b | kr50.8b | -kr16,164,412,040.00 | 9x | -40.1x | 12.8x |
| Mon, 01 Nov 2021 | kr588.1b | kr51.5b | -kr9,988,622,268.00 | 7.9x | -58.9x | 11.4x |
| Wed, 29 Sep 2021 | kr499.4b | kr50.4b | -kr10,674,076,076.00 | 5.3x | -46.8x | 9.9x |
| Fri, 27 Aug 2021 | kr523.4b | kr50.3b | -kr10,769,481,524.61 | 4.3x | -48.6x | 10.4x |
| Sat, 03 Jul 2021 | kr395.9b | kr50.3b | -kr10,761,389,266.61 | 4x | -36.8x | 7.9x |
| Tue, 06 Apr 2021 | kr344.6b | kr45.9b | -kr20,488,160,361.78 | 7.2x | -16.8x | 7.5x |
| Fri, 08 Jan 2021 | kr253.1b | kr37.6b | kr9.3b | 6.8x | 27.1x | 6.7x |
Price to Earnings Ratio
25.8x
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 26.7x which is higher than its 3-year average PE of 1.7x.
- The 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Swedish Asset Management compare with similar industries?
| SE Market | 0.76% | |
| Financials | 0.54% | |
| Capital Markets | -0.94% | |
| Asset Management | -0.72% | |
| Diversified Capital Markets | 0% | |
| Investment Banking and Brokerage | -1.91% | |
| Financial Exchanges and Data | -4.31% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TRAC B AB Traction | kr241.00 | 3.4% +kr118.3m | 11.1% | PE18.7x | |
| LINC Linc | kr53.90 | 2.1% +kr63.7m | -5.0% | PE13.5x | |
| VNV VNV Global | kr17.48 | 2.7% +kr60.2m | -38.9% | PS15.3x | |
| NAXS NAXS | kr67.40 | 6.3% +kr44.3m | 8.7% | PE13.8x | |
| ATIN Athanase Innovation | kr17.90 | 8.5% +kr39.3m | -36.1% | PS14x |