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Swedish (OMX) Industrials Sector Analysis

UpdatedOct 13, 2025
DataAggregated Company Financials
Companies154
  • 7D-1.7%
  • 3M1.5%
  • 1Y-1.1%
  • YTD3.0%

Over the last 7 days, the Industrials industry has dropped 1.7%, driven by Atlas Copco declining 3.1%. In contrast, Skanska has gained 8.1%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Oct 2025SEK 4.3tSEK 2.5tSEK 175.5b23.1x24.8x1.7x
Wed, 10 Sep 2025SEK 4.3tSEK 2.5tSEK 175.5b23.3x24.6x1.7x
Fri, 08 Aug 2025SEK 4.3tSEK 2.4tSEK 173.0b24.3x24.7x1.8x
Sun, 06 Jul 2025SEK 4.2tSEK 2.5tSEK 183.9b23.7x23x1.7x
Tue, 03 Jun 2025SEK 4.2tSEK 2.5tSEK 183.8b22.8x22.6x1.6x
Thu, 01 May 2025SEK 4.1tSEK 2.5tSEK 181.5b21.5x22.6x1.6x
Sat, 29 Mar 2025SEK 4.3tSEK 2.5tSEK 185.6b21.8x23.1x1.7x
Mon, 24 Feb 2025SEK 4.6tSEK 2.5tSEK 185.9b24.8x24.9x1.8x
Wed, 22 Jan 2025SEK 4.4tSEK 2.5tSEK 183.7b23.7x23.8x1.7x
Fri, 20 Dec 2024SEK 4.2tSEK 2.5tSEK 183.7b23.3x22.6x1.7x
Sun, 17 Nov 2024SEK 4.2tSEK 2.5tSEK 185.1b23.2x22.7x1.7x
Tue, 15 Oct 2024SEK 4.4tSEK 2.5tSEK 185.3b23.5x23.7x1.7x
Thu, 12 Sep 2024SEK 4.2tSEK 2.5tSEK 185.8b24.1x22.5x1.7x
Sat, 10 Aug 2024SEK 4.2tSEK 2.5tSEK 189.0b24.5x22.1x1.7x
Mon, 08 Jul 2024SEK 4.3tSEK 2.5tSEK 186.1b24.7x23.2x1.7x
Wed, 05 Jun 2024SEK 4.4tSEK 2.5tSEK 186.4b25.4x23.5x1.7x
Fri, 03 May 2024SEK 4.2tSEK 2.5tSEK 189.1b22.6x22.2x1.7x
Sun, 31 Mar 2024SEK 4.2tSEK 2.5tSEK 191.6b21.9x22.2x1.7x
Tue, 27 Feb 2024SEK 4.1tSEK 2.5tSEK 192.2b22.6x21.4x1.6x
Thu, 25 Jan 2024SEK 3.9tSEK 2.5tSEK 182.0b20.2x21.2x1.5x
Sat, 23 Dec 2023SEK 4.0tSEK 2.5tSEK 182.1b19.3x21.8x1.6x
Mon, 20 Nov 2023SEK 3.6tSEK 2.5tSEK 182.0b18.1x19.9x1.5x
Wed, 18 Oct 2023SEK 3.5tSEK 2.4tSEK 176.1b16.5x19.8x1.4x
Fri, 15 Sep 2023SEK 3.5tSEK 2.4tSEK 176.1b17.9x20x1.4x
Sun, 13 Aug 2023SEK 3.6tSEK 2.4tSEK 174.6b18.8x20.7x1.5x
Tue, 11 Jul 2023SEK 3.7tSEK 2.4tSEK 167.9b18.4x21.8x1.6x
Thu, 08 Jun 2023SEK 3.8tSEK 2.3tSEK 167.4b19.3x22.8x1.6x
Sat, 06 May 2023SEK 3.8tSEK 2.3tSEK 165.5b19.4x22.7x1.6x
Mon, 03 Apr 2023SEK 3.7tSEK 2.2tSEK 156.3b19.9x23.8x1.7x
Wed, 01 Mar 2023SEK 3.6tSEK 2.2tSEK 156.0b20x23.2x1.6x
Fri, 27 Jan 2023SEK 3.6tSEK 2.2tSEK 156.3b19.3x22.7x1.6x
Sun, 25 Dec 2022SEK 3.3tSEK 2.2tSEK 162.6b17.5x20.2x1.5x
Tue, 22 Nov 2022SEK 3.4tSEK 2.1tSEK 162.6b17x20.6x1.6x
Thu, 20 Oct 2022SEK 3.0tSEK 2.0tSEK 158.8b17.6x18.8x1.5x
Price to Earnings Ratio

18.8x


Total Market Cap: SEK 3.0tTotal Earnings: SEK 158.8bTotal Revenue: SEK 2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrials Sector Price to Earnings3Y Average 22.4x202320242025
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 24.8x which is higher than its 3-year average PE of 22.4x.
  • 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 3.4% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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-1.11%
Industrials-1.66%
Construction3.48%
Professional Services1.10%
Marine and Shipping0.18%
Industrials0.028%
Airlines0%0
Transportation0%0
Logistics-0.17%
Trade Distributors-1.08%
Building-1.08%
Commercial Services-1.29%
Machinery-1.92%
Electrical-3.10%
Infrastructure-5.22%
Aerospace & Defense-6.56%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 22.4x.
    • Analysts are expecting annual earnings growth of 26.1%, which is higher than its past year's earnings decline of 43.4% per year.
  • Investors are most pessimistic about the Professional Services industry, which is trading close to its 3-year average of 18.6x.
Forecasted Growth
  • Analysts are most optimistic on the Logistics industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings decline of 51% per year.
  • In contrast, the Machinery industry is expected to see its earnings grow by 9.3% 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
SKA B SkanskaSEK 267.508.9%
+SEK 9.0b		21.3%PE17.9x
LIFCO B LifcoSEK 334.802.1%
+SEK 3.1b		0.9%PE44.5x
ALFA Alfa LavalSEK 453.200.9%
+SEK 1.7b		-7.5%PE23.3x
BUFAB BufabSEK 96.105.8%
+SEK 1.0b		34.7%PE30.8x
INDT IndutradeSEK 236.400.6%
+SEK 510.1m		-22.1%PE32x

Latest News

ATCO A
SEK 166.60
Atlas Copco
7D
-2.7%
1Y
-15.0%
INDT
SEK 236.40
Indutrade
7D
0.6%
1Y
-22.1%

Acquisitions And Demand Will Shape Future MedTech Prospects

Analysts have lowered their price target for Indutrade from SEK 285 to SEK 268. This reflects more cautious expectations for the stock following recent downgrades and a reassessment of fair value assumptions.
SECU B
SEK 138.85
Securitas
7D
-2.8%
1Y
7.1%

Urbanization And Digital Security Will Unlock Future Opportunities

Analysts have revised their price target for Securitas downward, adjusting it from $148.82 to $146.55. This change is due to reduced expectations for revenue growth and slightly lower profit margins going forward.
ALFA
SEK 453.20
Alfa Laval
7D
0.9%
1Y
-7.5%

Energy Efficiency And Decarbonization Will Expand Global Opportunities

The consensus analyst price target for Alfa Laval has increased from SEK 440 to SEK 448. This change is supported by more optimistic analyst outlooks on revenue growth, profit margin, and recent upward rating actions.
SKA B
SEK 267.50
Skanska
7D
8.9%
1Y
21.3%

Record Backlog And Sustainable Projects Will Power US And European Infrastructure Expansion

Analysts have raised Skanska's fair value estimate to SEK 268.00 from SEK 254.25. This change reflects slightly improved revenue growth projections and a lower discount rate, despite mixed signals from recent price target updates.
BUFAB
SEK 96.10
Bufab
7D
5.8%
1Y
34.7%
TREL B
SEK 353.90
Trelleborg
7D
-2.2%
1Y
-4.3%
SKF B
SEK 236.90
AB SKF
7D
-2.3%
1Y
20.2%

Automation And Digitalization Will Improve Manufacturing Efficiency And Sustainability

Analysts have raised their fair value estimate for AB SKF slightly, from SEK 253.20 to SEK 255.87. They cite expectations of accelerating sales growth and improving profit trends due to shifting industry dynamics.
LIFCO B
SEK 334.80
Lifco
7D
2.1%
1Y
0.9%

Lifco (STO:LIFCO B) Has More To Do To Multiply In Value Going Forward

Oct 06
Lifco (STO:LIFCO B) Has More To Do To Multiply In Value Going Forward
EPI A
SEK 208.80
Epiroc
7D
-1.4%
1Y
-2.1%
SAAB B
SEK 514.30
Saab
7D
-7.5%
1Y
140.1%

Global Defense Spending And AI Will Open Future Markets

Analysts have slightly raised their fair value estimate for Saab from SEK 466.7 to SEK 473.0. They cite concerns about the company's valuation and scale, as well as elevated expectations already reflected in the stock price. Analyst Commentary Recent coverage of Saab by major financial institutions has brought a range of perspectives regarding the company’s valuation and growth potential.
VOLV B
SEK 265.70
AB Volvo
7D
-3.6%
1Y
-1.4%
SAND
SEK 267.50
Sandvik
7D
-0.8%
1Y
22.0%

Electrification And Automation Products Will Shape Future Mining Markets

Sandvik's analyst price target has been revised upwards from SEK 250.67 to SEK 257.06. This reflects improved sentiment as analysts cite increased earnings confidence and recent sector upgrades.
SVIK
SEK 267.00
Studsvik
7D
16.1%
1Y
114.3%

Studsvik AB (publ) (STO:SVIK) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Oct 02
Studsvik AB (publ) (STO:SVIK) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
BERG B
SEK 319.00
Bergman & Beving
7D
2.2%
1Y
0.8%

Levypinta And Ovesta Acquisitions Poised To Improve Future Performance

The upward revision in Bergman & Beving’s consensus price target reflects increased analyst confidence, driven primarily by stronger revenue growth forecasts and a modestly higher expected P/E, resulting in a new fair value of SEK351.25. What's in the News Board to consist of six regular directors, as proposed by the Election Committee.
GOTL A
SEK 2,720.00
Rederiaktiebolaget Gotland
7D
2.3%
1Y
15.3%