Swedish (OMX) Diversified Financial Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies9
- 7D-0.8%
- 3M9.1%
- 1Y13.9%
- YTD9.1%
In the last week, Diversified Financial has been flat. The past year has been better, since the industry has gained 14% in that time. In the next few years, earnings are forecast to decline by 40% annually.
Industry Valuation and Performance
Has the Swedish Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | kr1.1t | kr290.8b | kr200.7b | 11.2x | 5.4x | 3.8x |
| Fri, 22 Mar 2024 | kr1.1t | kr250.8b | kr162.4b | 11.7x | 7x | 4.5x |
| Sun, 18 Feb 2024 | kr1.1t | kr250.6b | kr163.3b | 11.2x | 6.6x | 4.3x |
| Tue, 16 Jan 2024 | kr985.7b | kr245.4b | kr157.6b | 5.9x | 6.3x | 4x |
| Thu, 14 Dec 2023 | kr982.0b | kr245.4b | kr157.6b | 5.8x | 6.2x | 4x |
| Sat, 11 Nov 2023 | kr882.5b | kr244.8b | kr157.1b | 5.3x | 5.6x | 3.6x |
| Mon, 09 Oct 2023 | kr897.7b | kr265.3b | kr176.3b | 4.6x | 5.1x | 3.4x |
| Wed, 06 Sep 2023 | kr896.8b | kr261.1b | kr172.3b | 9.7x | 5.2x | 3.4x |
| Fri, 04 Aug 2023 | kr886.5b | kr259.7b | kr171.1b | 11.1x | 5.2x | 3.4x |
| Sun, 02 Jul 2023 | kr904.6b | kr137.7b | kr51.3b | 17.6x | 17.6x | 6.6x |
| Tue, 30 May 2023 | kr914.0b | kr130.9b | kr46.4b | 50.1x | 19.7x | 7x |
| Thu, 27 Apr 2023 | kr920.7b | kr130.9b | kr46.4b | 51.9x | 19.9x | 7x |
| Sat, 25 Mar 2023 | kr112.9b | kr28.6b | kr1.4b | 1349x | 78.2x | 3.9x |
| Mon, 20 Feb 2023 | kr123.5b | kr26.7b | kr2.6b | 45.2x | 47.4x | 4.6x |
| Wed, 18 Jan 2023 | kr752.4b | kr32.6b | -kr42,508,567,000.00 | 43.7x | -17.7x | 23.1x |
| Fri, 16 Dec 2022 | kr716.0b | kr32.6b | -kr42,508,567,000.00 | 41.8x | -16.8x | 22x |
| Sun, 13 Nov 2022 | kr722.2b | kr31.6b | -kr42,362,567,000.00 | 41.2x | -17x | 22.9x |
| Tue, 11 Oct 2022 | kr609.2b | kr46.8b | -kr24,953,567,000.00 | 34.8x | -24.4x | 13x |
| Thu, 08 Sep 2022 | kr644.7b | kr50.2b | -kr23,407,167,000.00 | 26.2x | -27.5x | 12.8x |
| Sat, 06 Aug 2022 | kr697.8b | kr50.4b | -kr21,181,520,000.00 | 17.4x | -32.9x | 13.8x |
| Mon, 04 Jul 2022 | kr709.0b | kr147.5b | kr81.0b | 14.4x | 8.8x | 4.8x |
| Wed, 01 Jun 2022 | kr780.7b | kr147.5b | kr81.8b | 14.7x | 9.5x | 5.3x |
| Fri, 29 Apr 2022 | kr781.2b | kr153.2b | kr88.3b | 11.3x | 8.8x | 5.1x |
| Sun, 27 Mar 2022 | kr955.8b | kr344.7b | kr286.3b | 4.4x | 3.3x | 2.8x |
| Tue, 22 Feb 2022 | kr916.1b | kr345.5b | kr286.5b | 4.3x | 3.2x | 2.7x |
| Thu, 20 Jan 2022 | kr991.6b | kr270.0b | kr213.3b | 5x | 4.6x | 3.7x |
| Sat, 18 Dec 2021 | kr1.0t | kr270.0b | kr213.3b | 5.2x | 4.8x | 3.8x |
| Mon, 15 Nov 2021 | kr1.1t | kr270.8b | kr215.4b | 5.5x | 5x | 4x |
| Wed, 13 Oct 2021 | kr940.7b | kr288.0b | kr236.2b | 4.9x | 4x | 3.3x |
| Fri, 10 Sep 2021 | kr1.0t | kr300.5b | kr250.1b | 3.6x | 4x | 3.4x |
| Sun, 08 Aug 2021 | kr1.1t | kr301.2b | kr249.5b | 3.9x | 4.4x | 3.7x |
| Sat, 01 May 2021 | kr973.5b | kr358.7b | kr307.6b | 3x | 3.2x | 2.7x |
Price to Earnings Ratio
3.2x
Current Industry PE
- Investors are relatively neutral on the Swedish Diversified Financial 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 5.4x.
- The 3-year average PS ratio of 6.4x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have declined 13% per year over the last three years,
- Revenues have also declined 6.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Swedish Financials industry?
| SE Market | -1.61% | |
| Financials | -1.64% | |
| Diversified Financial | -0.80% | |
| Other Diversified Financial Services | 0% | |
| Specialized Finance | 0% | |
| Transaction and Payment Processing Services | 0% | |
| Multi-Sector Holdings | -0.80% | |
Industry PE
- Investors are most optimistic about the Multi-Sector Holdings industry, which is trading close to its 3-year average PE ratio of 5.3x.
- Analysts are expecting annual earnings decline of 40.1%, which is lower than the prior year's growth of 379.2% per year.
- Investors are most pessimistic about the Multi-Sector Holdings industry, which is trading close to its 3-year average of 5.3x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Multi-Sector Holdings industry since they expect its earnings to decline by only 40% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 379% per year.
- In contrast, the Multi-Sector Holdings industry is expected to see its earnings decline by 40% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| INVE A Investor | kr267.40 | 3.4% +kr27.4b | 19.4% | PE5.1x | |
| LUND B L E Lundbergföretagen | kr552.00 | 2.6% +kr3.5b | 14.4% | PE18.9x | |
| INDU A AB Industrivärden | kr358.00 | 1.1% +kr1.7b | 23.0% | PE4.9x | |
| KINV B Kinnevik | kr121.05 | 2.5% +kr845.9m | -26.8% | PB0.7x | |
| CRED A Creades | kr68.45 | 3.3% +kr298.7m | -16.7% | PE387.2x |