Swedish (OMX) Consumer Finance Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies4
- 7D-5.2%
- 3M15.4%
- 1Y-3.1%
- YTD-9.7%
Over the last 7 days, the Consumer Finance industry has dropped 3.0%, driven by pullbacks in Resurs Holding and Hoist Finance of 4.0% and 2.8%, respectively. This takes the industry's 12 month performance to a gain of 3.1%. Looking forward, earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the Swedish Consumer Finance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | kr7.9b | kr6.0b | kr780.4m | 13.1x | 10.2x | 1.3x |
| Fri, 15 Mar 2024 | kr7.5b | kr6.0b | kr780.4m | 12.1x | 9.6x | 1.2x |
| Sun, 11 Feb 2024 | kr7.1b | kr6.0b | kr782.8m | 12.1x | 9x | 1.2x |
| Tue, 09 Jan 2024 | kr9.3b | kr6.4b | kr1.1b | 7.4x | 8.6x | 1.5x |
| Thu, 07 Dec 2023 | kr9.2b | kr6.4b | kr1.1b | 7.4x | 8.5x | 1.4x |
| Sat, 04 Nov 2023 | kr8.4b | kr6.4b | kr1.1b | 6.5x | 7.8x | 1.3x |
| Mon, 02 Oct 2023 | kr8.2b | kr6.1b | kr938.9m | 7.6x | 8.7x | 1.4x |
| Wed, 30 Aug 2023 | kr8.6b | kr6.0b | kr908.0m | 8.1x | 9.4x | 1.4x |
| Fri, 28 Jul 2023 | kr8.9b | kr5.9b | kr920.7m | 8.1x | 9.7x | 1.5x |
| Sun, 25 Jun 2023 | kr7.4b | kr5.9b | kr867.2m | 6.8x | 8.6x | 1.3x |
| Tue, 23 May 2023 | kr7.2b | kr5.9b | kr867.1m | 6.7x | 8.4x | 1.2x |
| Thu, 20 Apr 2023 | kr9.1b | kr5.8b | kr916.4m | 7x | 10x | 1.6x |
| Sat, 18 Mar 2023 | kr7.4b | kr5.8b | kr917.3m | 6x | 8x | 1.3x |
| Mon, 13 Feb 2023 | kr8.5b | kr5.8b | kr910.4m | 7x | 9.3x | 1.5x |
| Wed, 11 Jan 2023 | kr9.1b | kr6.1b | kr1.0b | 6.6x | 8.7x | 1.5x |
| Fri, 09 Dec 2022 | kr8.1b | kr6.1b | kr1.0b | 5.7x | 7.7x | 1.3x |
| Sun, 06 Nov 2022 | kr8.2b | kr6.0b | kr1.0b | 5.8x | 8.1x | 1.3x |
| Tue, 04 Oct 2022 | kr7.6b | kr6.0b | kr1.0b | 6.2x | 7.6x | 1.3x |
| Thu, 01 Sep 2022 | kr8.5b | kr6.0b | kr1.0b | 7x | 8.4x | 1.4x |
| Sat, 30 Jul 2022 | kr9.2b | kr6.0b | kr1.0b | 7.9x | 9.1x | 1.5x |
| Mon, 27 Jun 2022 | kr7.9b | kr5.7b | kr793.5m | 33.4x | 10x | 1.4x |
| Wed, 25 May 2022 | kr9.4b | kr5.7b | kr795.1m | 38.3x | 11.8x | 1.6x |
| Fri, 22 Apr 2022 | kr9.6b | kr5.4b | kr562.7m | 6.4x | 17.1x | 1.8x |
| Sun, 20 Mar 2022 | kr8.9b | kr5.3b | kr561.8m | 6x | 15.8x | 1.7x |
| Tue, 15 Feb 2022 | kr9.2b | kr5.4b | kr614.7m | 6.3x | 15x | 1.7x |
| Thu, 13 Jan 2022 | kr11.3b | kr5.3b | kr675.0m | 8.1x | 16.7x | 2.1x |
| Sat, 11 Dec 2021 | kr10.9b | kr5.3b | kr675.0m | 7.8x | 16.2x | 2x |
| Mon, 08 Nov 2021 | kr13.8b | kr5.4b | kr591.8m | 9.1x | 23.3x | 2.6x |
| Wed, 06 Oct 2021 | kr12.3b | kr5.6b | kr741.8m | 7.8x | 16.5x | 2.2x |
| Fri, 03 Sep 2021 | kr12.8b | kr5.6b | kr741.9m | 7.8x | 17.3x | 2.3x |
| Sun, 01 Aug 2021 | kr12.3b | kr5.6b | kr741.9m | 7.7x | 16.6x | 2.2x |
| Wed, 05 May 2021 | kr13.1b | kr5.6b | kr777.1m | 6.5x | 16.8x | 2.4x |
Price to Earnings Ratio
16.8x
Current Industry PE
- Investors are pessimistic on the Swedish Consumer Finance 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 10.4x which is lower than its 3-year average PE of 11.7x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Finance industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.5% 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 Trends
Which industries have driven the changes within the Swedish Financials industry?
| SE Market | -0.69% | |
| Financials | -0.99% | |
| Consumer Finance | -5.16% | |
| Consumer Finance | -5.16% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||