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Swedish (OMX) Asset Management Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies40
  • 7D0.6%
  • 3M-15.9%
  • 1Y-13.3%
  • YTDn/a

The Asset Management is pretty flat in the last 7 days, but Bure Equity has stood out, gaining 6.0%. Unfortunately though, the industry is down 13% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026SEK 383.8bSEK 61.9bSEK 9.5b15x40.2x6.2x
Thu, 12 Feb 2026SEK 407.7bSEK 73.6bSEK 11.0b14.9x37.2x5.5x
Sat, 10 Jan 2026SEK 498.4bSEK 74.4bSEK 12.4b19.9x40.3x6.7x
Mon, 08 Dec 2025SEK 462.4bSEK 74.9bSEK 12.5b21.6x36.8x6.2x
Wed, 05 Nov 2025SEK 462.6bSEK 74.9bSEK 12.5b25.6x36.9x6.2x
Fri, 03 Oct 2025SEK 466.6bSEK 76.2bSEK 12.7b22.6x36.7x6.1x
Sun, 31 Aug 2025SEK 476.0bSEK 76.7bSEK 12.6b21.9x37.8x6.2x
Tue, 29 Jul 2025SEK 495.3bSEK 76.6bSEK 12.3b24.4x40.4x6.5x
Thu, 26 Jun 2025SEK 436.9bSEK 75.5bSEK 11.1b20.5x39.3x5.8x
Sat, 24 May 2025SEK 407.7bSEK 74.9bSEK 11.0b16x37.1x5.4x
Mon, 21 Apr 2025SEK 375.3bSEK 82.2bSEK 18.0b10.9x20.9x4.6x
Wed, 19 Mar 2025SEK 472.6bSEK 82.3bSEK 18.0b11.7x26.3x5.7x
Fri, 14 Feb 2025SEK 501.7bSEK 81.0bSEK 15.8b9.1x31.7x6.2x
Sun, 12 Jan 2025SEK 435.4bSEK 76.3bSEK 11.1b6.3x39.1x5.7x
Tue, 10 Dec 2024SEK 448.9bSEK 76.3bSEK 11.0b6.1x40.7x5.9x
Thu, 07 Nov 2024SEK 423.3bSEK 73.1bSEK 7.5b6x56.8x5.8x
Sat, 05 Oct 2024SEK 461.5bSEK 71.9b-SEK 6,333,720,924.878.8x-72.9x6.4x
Mon, 02 Sep 2024SEK 467.3bSEK 71.8b-SEK 6,103,569,205.298.6x-76.6x6.5x
Wed, 31 Jul 2024SEK 465.6bSEK 71.7b-SEK 12,922,763,981.619.2x-36x6.5x
Fri, 28 Jun 2024SEK 429.5bSEK 69.7b-SEK 15,076,556,582.7227.8x-28.5x6.2x
Sun, 26 May 2024SEK 470.7bSEK 70.0b-SEK 15,328,297,557.7721.7x-30.7x6.7x
Tue, 23 Apr 2024SEK 403.7bSEK 70.0bSEK 1.6b13.9x246x5.8x
Thu, 21 Mar 2024SEK 467.7bSEK 70.0bSEK 1.9b14.4x252.4x6.7x
Sat, 17 Feb 2024SEK 396.0bSEK 70.0bSEK 1.4b12.3x279.1x5.7x
Mon, 15 Jan 2024SEK 376.3bSEK 66.2bSEK 13.2b16.3x28.5x5.7x
Wed, 13 Dec 2023SEK 339.8bSEK 66.2bSEK 13.2b15.3x25.7x5.1x
Fri, 10 Nov 2023SEK 331.5bSEK 65.9bSEK 12.3b15x27x5x
Sun, 08 Oct 2023SEK 308.9bSEK 64.3bSEK 11.4b15.3x27.2x4.8x
Tue, 05 Sep 2023SEK 317.6bSEK 63.7bSEK 11.6b15.4x27.4x5x
Thu, 03 Aug 2023SEK 323.8bSEK 60.4bSEK 8.5b18x38.2x5.4x
Sat, 01 Jul 2023SEK 274.4bSEK 54.7bSEK 6.7b63.1x41.1x5x
Mon, 29 May 2023SEK 276.0bSEK 55.1bSEK 7.2b41.2x38.4x5x
Wed, 26 Apr 2023SEK 279.6bSEK 53.2bSEK 10.2b43.6x27.5x5.3x
Fri, 24 Mar 2023SEK 269.3bSEK 53.4bSEK 10.0b20.3x26.8x5x
Price to Earnings Ratio

26.8x


Total Market Cap: SEK 269.3bTotal Earnings: SEK 10.0bTotal Revenue: SEK 53.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Asset Management Industry Price to Earnings3Y Average 38.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Asset Management and Custody Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 38.9x.
  • The industry is trading close to its 3-year average PS ratio of 5.8x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.1% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Swedish Asset Management compare with similar industries?

SE Market0.51%
Financials-0.0065%
Capital Markets0.64%
Asset Management0.57%
Investment Banking and Brokerage0.89%
Financial Exchanges and Data-2.65%
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
EQT EQTSEK 283.800.3%
+SEK 938.2m		-10.6%PE42.7x
BURE Bure EquitySEK 216.804.3%
+SEK 667.8m		-36.3%PB0.8x
FLAT B Flat CapitalSEK 9.229.1%
+SEK 383.3m		n/aPB0.7x
LINC LincSEK 72.703.7%
+SEK 150.6m		-0.8%PB1x
CS CoinShares InternationalSEK 84.102.6%
+SEK 137.6m		14.9%PE4.7x

Latest News

CS
SEK 84.10
CoinShares International
7D
2.6%
1Y
14.9%
RATO B
SEK 34.58
Ratos
7D
-3.4%
1Y
-2.3%

RATO B: Higher Margins And Dividend Commitment Will Support Future Upside

Analysts have raised their price target on Ratos from SEK45 to SEK48, reflecting updated assumptions that include a lower discount rate, a change from a previously implied revenue decline to modest growth, higher projected profit margins and a lower future P/E multiple. What's in the News Ratos AB (publ) announced an annual dividend of SEK 1.40 per share, with an ex date on March 26, 2026, a record date on March 27, 2026, and payment scheduled for April 1, 2026 (Key Developments).
HILB B
SEK 6.84
Hilbert Group
7D
-13.2%
1Y
23.0%
EQT
SEK 283.80
EQT
7D
0.3%
1Y
-10.6%

EQT: Future Deal Execution Will Test Repriced Multiple And Upside Potential

Analysts have trimmed their price target on EQT to SEK 370 from SEK 400, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, as well as recent changes in research views. Analyst Commentary Recent research updates point to a more cautious tone around EQT, with price targets being reset and some prior conviction being scaled back.
VNV
SEK 18.46
VNV Global
7D
-1.9%
1Y
-2.6%
ATIN
SEK 15.90
Athanase Innovation
7D
27.2%
1Y
-20.5%
CASE
SEK 21.40
Case Group
7D
-4.5%
1Y
33.8%
BURE
SEK 216.80
Bure Equity
7D
4.3%
1Y
-36.3%
FLAT B
SEK 9.22
Flat Capital
7D
9.1%
1Y
n/a
TRAC B
SEK 245.00
AB Traction
7D
0.8%
1Y
-8.6%
ROKO B
SEK 1,507.40
Röko
7D
-3.1%
1Y
-32.5%
XER
SEK 3.30
Xer Tech Holding
7D
-16.2%
1Y
n/a
VEFAB
SEK 2.11
VEF
7D
-2.5%
1Y
26.8%
LINC
SEK 72.70
Linc
7D
3.7%
1Y
-0.8%
CPE I
SEK 128.00
Coeli Private Equity
7D
1.6%
1Y
58.0%
SPLTN
SEK 174.00
Investment AB Spiltan
7D
-3.9%
1Y
-15.1%