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Swedish (OMX) Industrials Sector Analysis

UpdatedNov 25, 2025
DataAggregated Company Financials
Companies154
  • 7D3.0%
  • 3M3.7%
  • 1Y2.8%
  • YTD4.3%

In the last week, the Industrials industry is up 3.8%, with Atlas Copco up 4.8%. This takes the industry's 12 month performance to a gain of 4.1%. Earnings are forecast to grow by 16% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 01 Dec 2025SEK 4.3tSEK 2.5tSEK 172.1b23.9x24.9x1.7x
Wed, 29 Oct 2025SEK 4.5tSEK 2.5tSEK 172.8b24.9x26.2x1.8x
Fri, 26 Sep 2025SEK 4.2tSEK 2.5tSEK 175.5b23.2x24.2x1.7x
Sun, 24 Aug 2025SEK 4.4tSEK 2.4tSEK 174.0b23.4x25.2x1.8x
Tue, 22 Jul 2025SEK 4.2tSEK 2.4tSEK 170.7b23.6x24.9x1.7x
Thu, 19 Jun 2025SEK 4.1tSEK 2.5tSEK 184.0b22.7x22.5x1.6x
Sat, 17 May 2025SEK 4.3tSEK 2.5tSEK 183.8b23.1x23.5x1.7x
Mon, 14 Apr 2025SEK 3.8tSEK 2.5tSEK 185.7b19.8x20.6x1.5x
Wed, 12 Mar 2025SEK 4.5tSEK 2.5tSEK 187.3b23.2x23.8x1.8x
Fri, 07 Feb 2025SEK 4.5tSEK 2.5tSEK 183.3b23.6x24.6x1.8x
Sun, 05 Jan 2025SEK 4.2tSEK 2.5tSEK 183.7b23.7x22.8x1.7x
Tue, 03 Dec 2024SEK 4.3tSEK 2.5tSEK 183.9b23.2x23.3x1.7x
Thu, 31 Oct 2024SEK 4.3tSEK 2.5tSEK 181.8b23.3x23.7x1.7x
Sat, 28 Sep 2024SEK 4.5tSEK 2.5tSEK 185.3b23.7x24.3x1.8x
Mon, 26 Aug 2024SEK 4.3tSEK 2.5tSEK 186.3b24x23.3x1.7x
Wed, 24 Jul 2024SEK 4.4tSEK 2.5tSEK 190.5b25.1x23.2x1.7x
Fri, 21 Jun 2024SEK 4.3tSEK 2.5tSEK 186.0b25.6x23.4x1.7x
Sun, 19 May 2024SEK 4.4tSEK 2.5tSEK 186.2b23.9x23.7x1.8x
Tue, 16 Apr 2024SEK 4.3tSEK 2.5tSEK 191.4b21.8x22.2x1.7x
Thu, 14 Mar 2024SEK 4.2tSEK 2.5tSEK 192.0b21.7x22x1.7x
Sat, 10 Feb 2024SEK 3.9tSEK 2.5tSEK 194.9b20.9x20.2x1.6x
Mon, 08 Jan 2024SEK 3.8tSEK 2.5tSEK 182.1b20x21x1.5x
Wed, 06 Dec 2023SEK 3.7tSEK 2.5tSEK 182.0b18.9x20.6x1.5x
Fri, 03 Nov 2023SEK 3.4tSEK 2.5tSEK 184.5b16.3x18.6x1.4x
Sun, 01 Oct 2023SEK 3.5tSEK 2.4tSEK 176.1b17.8x19.8x1.4x
Tue, 29 Aug 2023SEK 3.5tSEK 2.4tSEK 176.1b18.2x20.1x1.5x
Thu, 27 Jul 2023SEK 3.7tSEK 2.4tSEK 174.6b19.2x21.1x1.5x
Sat, 24 Jun 2023SEK 3.7tSEK 2.4tSEK 167.9b18.8x21.9x1.6x
Mon, 22 May 2023SEK 3.8tSEK 2.3tSEK 167.5b19.3x22.9x1.6x
Wed, 19 Apr 2023SEK 3.8tSEK 2.2tSEK 156.3b20.7x24.1x1.7x
Fri, 17 Mar 2023SEK 3.5tSEK 2.2tSEK 156.1b19.1x22.4x1.6x
Sun, 12 Feb 2023SEK 3.6tSEK 2.2tSEK 155.9b20.2x23.1x1.6x
Tue, 10 Jan 2023SEK 3.5tSEK 2.2tSEK 162.6b18.1x21.5x1.6x
Thu, 08 Dec 2022SEK 3.4tSEK 2.1tSEK 162.6b17.1x20.7x1.6x
Price to Earnings Ratio

20.7x


Total Market Cap: SEK 3.4tTotal Earnings: SEK 162.6bTotal Revenue: SEK 2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrials Sector Price to Earnings3Y Average 22.6x202320242025
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 24.9x which is higher than its 3-year average PE of 22.6x.
  • 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 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 Trends

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

SE Market2.28%
Industrials3.05%
Aerospace & Defense5.03%
Commercial Services4.58%
Trade Distributors4.54%
Electrical4.49%
Professional Services3.52%
Machinery3.37%
Building2.30%
Construction1.01%
Marine and Shipping0.86%
Infrastructure0.69%
Logistics0.65%
Airlines0%0
Transportation0%0
Industrials-0.69%
Industry PE
  • Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio of 35.5x.
    • 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 10% 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
ATCO A Atlas CopcoSEK 160.204.3%
+SEK 31.9b		-9.5%PE28.3x
VOLV B AB VolvoSEK 282.803.2%
+SEK 17.7b		2.2%PE16.2x
SAAB B SaabSEK 475.604.9%
+SEK 12.0b		96.5%PE49.2x
VSURE Verisure€16.526.2%
+€998.8m		n/aPS4.7x
EPI A EpirocSEK 202.603.3%
+SEK 7.9b		-0.4%PE28.4x

Latest News

VOLV B
SEK 282.80
AB Volvo
7D
3.2%
1Y
2.2%
SAAB B
SEK 475.60
Saab
7D
4.9%
1Y
96.5%

SAAB B: Future Sector Demand And Premium Shares Will Shape Returns Ahead

Analysts have raised their price target for Saab to SEK 460 from SEK 430. They cite continued concerns about valuation alongside high expectations for defense spending.
SAND
SEK 285.10
Sandvik
7D
1.5%
1Y
38.2%

SAND: Price Upgrades Will Drive Near-Term Momentum Amid Sector Headwinds

Sandvik's analyst price target has been increased, with new targets ranging up to SEK 335, as analysts cite continued improvements in fundamentals and sustained positive momentum across recent research updates. Analyst Commentary Recent analyst research reflects a range of perspectives on Sandvik's outlook, marked chiefly by several upward price target revisions as well as a notable downgrade amid the broader sector context.
RO
SEK 0.27
Rolling Optics Holding
7D
-65.8%
1Y
-61.2%
BYGGP
SEK 34.80
ByggPartner Gruppen
7D
-19.8%
1Y
115.5%
SALT B
SEK 4.72
SaltX Technology Holding
7D
-8.6%
1Y
29.9%
ATCO A
SEK 160.20
Atlas Copco
7D
4.3%
1Y
-9.5%
VSURE
€16.52
Verisure
7D
6.2%
1Y
n/a
SUMMAS
SEK 23.80
Summa Defence Oyj
7D
-18.5%
1Y
n/a
ASSA B
SEK 358.60
ASSA ABLOY
7D
1.8%
1Y
6.1%
LATO B
SEK 225.70
Investment AB Latour
7D
-2.8%
1Y
-19.7%

Investment AB Latour (publ) (STO:LATO B) Investors Are Less Pessimistic Than Expected

Nov 26
Investment AB Latour (publ) (STO:LATO B) Investors Are Less Pessimistic Than Expected
ALFA
SEK 445.70
Alfa Laval
7D
3.1%
1Y
-6.6%

ALFA: Recent Upgrades And Partnerships Will Support Durable Performance Ahead

The fair value estimate for Alfa Laval has increased modestly by SEK 1.71 to SEK 467.64. This adjustment reflects analysts' improved outlook based on recent upward revisions in price targets, alongside expectations of steady revenue growth and profitability.
CCC
SEK 14.10
Cavotec Group
7D
-5.4%
1Y
n/a
EPI A
SEK 202.60
Epiroc
7D
3.3%
1Y
-0.4%

Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Nov 01
Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
VOLO
SEK 103.00
Volati
7D
-5.2%
1Y
9.9%
BRAV
SEK 80.05
Bravida Holding
7D
-0.5%
1Y
1.3%