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Swedish (OMX) Industrials Sector Analysis

UpdatedSep 21, 2023
DataAggregated Company Financials
Companies193
  • 7D1.9%
  • 3M-3.3%
  • 1Y19.0%
  • YTD6.5%

The Industrials industry is up 1.9% in the last week, with AB Volvo up 4.8%. In the last 12 months, the industry was up 19%. Looking forward, earnings are forecast to grow by 8.4% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Sep 2023kr3.6tkr2.4tkr176.1b17.7x20.2x1.5x
Sat, 19 Aug 2023kr3.5tkr2.4tkr174.4b18x20x1.4x
Mon, 17 Jul 2023kr3.6tkr2.4tkr168.3b18.6x21.7x1.5x
Wed, 14 Jun 2023kr3.9tkr2.4tkr167.9b19.3x23x1.6x
Fri, 12 May 2023kr3.7tkr2.3tkr165.5b19x22.6x1.6x
Sun, 09 Apr 2023kr3.6tkr2.2tkr156.3b19.6x22.9x1.6x
Tue, 07 Mar 2023kr3.7tkr2.2tkr156.0b19.7x23.7x1.7x
Thu, 02 Feb 2023kr3.6tkr2.2tkr155.6b19.2x23x1.6x
Sat, 31 Dec 2022kr3.3tkr2.2tkr162.6b18.3x20.5x1.5x
Mon, 28 Nov 2022kr3.4tkr2.2tkr162.6b17.3x21.1x1.6x
Wed, 26 Oct 2022kr3.1tkr2.1tkr166.5b17.5x18.6x1.5x
Fri, 23 Sep 2022kr2.9tkr2.0tkr158.9b17.4x18x1.4x
Sun, 21 Aug 2022kr3.3tkr2.0tkr158.9b19.3x20.7x1.6x
Tue, 19 Jul 2022kr3.0tkr1.9tkr156.9b19.6x19.4x1.6x
Thu, 16 Jun 2022kr3.0tkr1.9tkr157.2b19.1x19.3x1.6x
Sat, 14 May 2022kr2.8tkr1.9tkr149.9b20.1x18.9x1.5x
Mon, 11 Apr 2022kr3.5tkr1.8tkr147.7b24.2x23.8x1.9x
Wed, 09 Mar 2022kr3.3tkr1.9tkr148.3b21.3x22.3x1.8x
Fri, 04 Feb 2022kr3.8tkr1.8tkr148.3b25.4x25.8x2.1x
Sun, 02 Jan 2022kr4.4tkr1.8tkr144.9b28.2x30.2x2.4x
Tue, 30 Nov 2021kr4.1tkr1.8tkr142.9b24.7x28.4x2.3x
Thu, 28 Oct 2021kr3.9tkr1.7tkr140.2b27.4x27.5x2.2x
Sat, 25 Sep 2021kr3.7tkr1.7tkr133.8b26.2x27.9x2.2x
Mon, 23 Aug 2021kr3.9tkr1.7tkr133.9b27.3x29.1x2.3x
Sat, 10 Jul 2021kr3.6tkr1.7tkr132.8b24.2x26.9x2.1x
Fri, 02 Apr 2021kr3.4tkr1.6tkr112.3b26.7x30.7x2.1x
Mon, 04 Jan 2021kr3.0tkr1.7tkr102.8b27x28.9x1.8x
Thu, 08 Oct 2020kr2.8tkr1.7tkr97.2b25.4x28.5x1.7x
Price to Earnings Ratio

28.5x


Total Market Cap: kr2.8tTotal Earnings: kr97.2bTotal Revenue: kr1.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrials Sector Price to Earnings3Y Average 25.1x202120222023
Current Industry PE
  • Investors are pessimistic on the Swedish Industrials 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 20.2x which is lower than its 3-year average PE of 25.1x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market1.58%
Industrials1.86%
Construction4.78%
Electrical2.64%
Building2.17%
Machinery2.01%
Industrials1.83%
Infrastructure1.66%
Commercial Services0.63%
Trade Distributors0.51%
Airlines0%
Professional Services-0.26%
Marine and Shipping-1.02%
Transportation-1.11%
Logistics-2.00%
Aerospace & Defense-3.44%
Industry PE
  • Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 24.2x.
    • Analysts expect its future annual earnings growth (23.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 24% per year.
  • In contrast, the Construction industry is expected to see its earnings grow by 5.2% 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
VOLV B AB Volvokr232.304.8%
+kr21.7b
39.9%PE12.1x
ASSA B ASSA ABLOYkr246.005.1%
+kr13.2b
16.8%PE20.1x
SAND Sandvikkr209.303.8%
+kr9.5b
34.8%PE18.8x
SKA B Skanskakr181.007.7%
+kr5.3b
23.4%PE9.2x
EPI A Epirockr212.901.7%
+kr4.3b
36.1%PE26.9x
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Latest News

SKA B

kr181.00

Skanska

7D

7.7%

1Y

23.4%

SAND

kr209.30

Sandvik

7D

3.8%

1Y

34.8%

SAAB B

kr583.00

Saab

7D

-4.0%

1Y

63.7%

AFRY

kr131.20

Afry

7D

-2.0%

1Y

-12.5%

EPI A

kr212.90

Epiroc

7D

1.7%

1Y

36.1%

LATO B

kr196.50

Investment AB Latour

7D

2.9%

1Y

3.3%

SKF B

kr184.35

AB SKF

7D

2.8%

1Y

21.9%

BRAV

kr79.40

Bravida Holding

7D

-1.6%

1Y

-15.2%

NORVA

kr19.80

Norva24 Group

7D

-11.4%

1Y

-39.8%

NOLA B

kr44.62

Nolato

7D

-4.6%

1Y

-11.6%