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Swedish (OMX) Industrials Sector Analysis

UpdatedNov 01, 2025
DataAggregated Company Financials
Companies154
  • 7D-2.0%
  • 3M5.4%
  • 1Y3.8%
  • YTD5.1%

Over the last 7 days, the Industrials industry has dropped 2.0%, driven by a pullback from Atlas Copco of 4.1%. Meanwhile, Sweco actually outperformed within the industry, gaining 8.3% in the last week. This takes the industry's 12 month performance to a gain of 3.8%. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Swedish Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Nov 2025SEK 4.4tSEK 2.5tSEK 173.7b25.1x25.6x1.8x
Mon, 29 Sep 2025SEK 4.3tSEK 2.5tSEK 175.5b23x24.3x1.7x
Wed, 27 Aug 2025SEK 4.3tSEK 2.5tSEK 175.5b23.1x24.8x1.7x
Fri, 25 Jul 2025SEK 4.3tSEK 2.4tSEK 171.0b24.8x25.3x1.8x
Sun, 22 Jun 2025SEK 4.1tSEK 2.5tSEK 184.0b22.3x22.3x1.6x
Tue, 20 May 2025SEK 4.3tSEK 2.5tSEK 184.1b23x23.5x1.7x
Thu, 17 Apr 2025SEK 4.0tSEK 2.5tSEK 188.1b20.5x21.2x1.6x
Sat, 15 Mar 2025SEK 4.5tSEK 2.5tSEK 185.7b23.4x24.4x1.8x
Mon, 10 Feb 2025SEK 4.5tSEK 2.5tSEK 185.4b23.3x24.1x1.8x
Wed, 08 Jan 2025SEK 4.2tSEK 2.5tSEK 183.7b23.7x23.1x1.7x
Fri, 06 Dec 2024SEK 4.4tSEK 2.5tSEK 183.9b23x23.8x1.7x
Sun, 03 Nov 2024SEK 4.3tSEK 2.5tSEK 181.7b23.7x23.5x1.7x
Tue, 01 Oct 2024SEK 4.5tSEK 2.5tSEK 185.3b23.4x24.2x1.8x
Thu, 29 Aug 2024SEK 4.3tSEK 2.5tSEK 186.3b24.4x23.3x1.7x
Sat, 27 Jul 2024SEK 4.4tSEK 2.5tSEK 189.0b25.4x23.2x1.7x
Mon, 24 Jun 2024SEK 4.3tSEK 2.5tSEK 186.0b25.6x23.4x1.7x
Wed, 22 May 2024SEK 4.5tSEK 2.5tSEK 186.2b23.9x24.1x1.8x
Fri, 19 Apr 2024SEK 4.2tSEK 2.5tSEK 192.7b21.5x21.8x1.7x
Sun, 17 Mar 2024SEK 4.3tSEK 2.5tSEK 192.1b21.6x22.2x1.7x
Tue, 13 Feb 2024SEK 4.0tSEK 2.5tSEK 193.2b21.1x20.6x1.6x
Thu, 11 Jan 2024SEK 3.8tSEK 2.5tSEK 182.1b19.8x21.1x1.5x
Sat, 09 Dec 2023SEK 3.8tSEK 2.5tSEK 182.2b18.8x20.9x1.5x
Mon, 06 Nov 2023SEK 3.5tSEK 2.5tSEK 184.5b16.4x18.8x1.4x
Wed, 04 Oct 2023SEK 3.5tSEK 2.4tSEK 176.1b17.3x19.7x1.4x
Fri, 01 Sep 2023SEK 3.6tSEK 2.4tSEK 176.1b18.6x20.2x1.5x
Sun, 30 Jul 2023SEK 3.7tSEK 2.4tSEK 174.7b19.3x21.3x1.5x
Tue, 27 Jun 2023SEK 3.7tSEK 2.4tSEK 167.9b19x21.9x1.6x
Thu, 25 May 2023SEK 3.7tSEK 2.3tSEK 167.6b18.7x21.9x1.6x
Sat, 22 Apr 2023SEK 3.7tSEK 2.3tSEK 162.6b20.2x22.8x1.6x
Mon, 20 Mar 2023SEK 3.5tSEK 2.2tSEK 156.1b18.7x22.1x1.5x
Wed, 15 Feb 2023SEK 3.7tSEK 2.2tSEK 156.0b20.3x23.4x1.6x
Fri, 13 Jan 2023SEK 3.6tSEK 2.2tSEK 162.6b18.4x21.9x1.7x
Sun, 11 Dec 2022SEK 3.4tSEK 2.2tSEK 162.6b17.2x21x1.6x
Tue, 08 Nov 2022SEK 3.2tSEK 2.1tSEK 162.1b17.8x19.7x1.5x
Price to Earnings Ratio

19.7x


Total Market Cap: SEK 3.2tTotal Earnings: SEK 162.1bTotal Revenue: SEK 2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrials Sector Price to Earnings3Y Average 22.5x202320242025
Current Industry PE
  • Investors are optimistic on the Swedish Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.6x which is higher than its 3-year average PE of 22.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 2.3% per year over the last three years.
  • Revenues for these companies have grown 5.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Industrials sector?

SE Market-1.06%
Industrials-1.98%
Logistics4.30%
Electrical2.60%
Construction0.70%
Airlines0%0
Transportation0%0
Infrastructure-0.18%
Aerospace & Defense-0.50%
Building-1.20%
Trade Distributors-1.55%
Industrials-2.05%
Marine and Shipping-2.30%
Commercial Services-2.46%
Machinery-2.60%
Professional Services-3.35%
Industry PE
  • Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio of 35.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 111% over the next 5 years.
  • In contrast, the Machinery industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SWEC B SwecoSEK 171.608.3%
+SEK 4.7b		-2.8%PE28.7x
VOLV B AB VolvoSEK 262.000.6%
+SEK 3.1b		-4.7%PE15x
SAND SandvikSEK 288.500.3%
+SEK 1.3b		37.3%PE24.5x
SAAB B SaabSEK 524.000.3%
+SEK 966.9m		136.0%PE54.2x
BEIA B Beijer AlmaSEK 291.005.6%
+SEK 934.1m		72.0%PE32.7x

Latest News

BEIA B
SEK 291.00
Beijer Alma
7D
5.6%
1Y
72.0%
VBG B
SEK 362.00
VBG Group
7D
10.3%
1Y
19.5%

VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

Oct 31
VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next
ALFA
SEK 454.00
Alfa Laval
7D
-3.3%
1Y
-3.3%

Alfa Laval AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Oct 31
Alfa Laval AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
SWEC B
SEK 171.60
Sweco
7D
8.3%
1Y
-2.8%

SWEC B: Upcoming Infrastructure Contracts And Resilience Projects Will Support Steady Outlook

Analysts have raised their price target for Sweco from SEK 185.60 to SEK 189.00, citing higher projected revenue growth and profit margins as key contributors to the updated valuation. What's in the News Sweco has signed a new framework agreement with Rijkswaterstaat, the Dutch government agency responsible for modernisation and development of infrastructure and water management.
NOLA B
SEK 62.80
Nolato
7D
3.8%
1Y
10.7%
EPI A
SEK 201.20
Epiroc
7D
-9.6%
1Y
-3.6%
ASSA B
SEK 358.70
ASSA ABLOY
7D
-0.8%
1Y
7.3%

ASSA ABLOY (STO:ASSA B) Is Due To Pay A Dividend Of SEK2.95

Oct 29
ASSA ABLOY (STO:ASSA B) Is Due To Pay A Dividend Of SEK2.95
FAG
SEK 46.20
Fagerhult Group
7D
10.8%
1Y
-24.3%
LIFCO B
SEK 368.20
Lifco
7D
-3.8%
1Y
16.2%
SAAB B
SEK 524.00
Saab
7D
0.3%
1Y
136.0%
INDT
SEK 254.00
Indutrade
7D
-4.4%
1Y
-11.2%

Acquisition Integration And Sustained Demand Will Determine Future Profit Margins

Indutrade's analyst price target has been raised from SEK 268 to SEK 275. Analysts cite improved revenue growth expectations and higher profit margins as factors supporting the updated outlook.
ATCO A
SEK 160.15
Atlas Copco
7D
-4.1%
1Y
-8.7%
VOLV B
SEK 262.00
AB Volvo
7D
0.6%
1Y
-4.7%
SKA B
SEK 259.60
Skanska
7D
-2.7%
1Y
19.4%

Analysts Lift Skanska Price Target as New Contracts Offset Slight Valuation Adjustments

Analysts have moderately raised their price target for Skanska from $268 to $270.50, citing incremental improvements in cost of capital and long-term profit assumptions. What's in the News Skanska signs USD 175 million contract with Ridgeline Development Partners for The Bend, a mixed-use project in downtown Nashville, Tennessee.
SAND
SEK 288.50
Sandvik
7D
0.3%
1Y
37.3%
VSURE
€16.03
Verisure
7D
-2.3%
1Y
n/a