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Swedish (OMX) Aerospace and Defense Industry Analysis

UpdatedJan 02, 2026
DataAggregated Company Financials
Companies9
  • 7D1.4%
  • 3M-6.6%
  • 1Y110.4%
  • YTDn/a

In the last week, the Aerospace and Defense industry is up 1.4%, with Saab up 1.6%. In the last 12 months, the industry was up 110%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

Has the Swedish Aerospace and Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jan 2026SEK 311.5bSEK 76.8bSEK 5.2b49.6x59.7x4.1x
Sun, 30 Nov 2025SEK 277.9bSEK 76.8bSEK 5.2b44.9x53.2x3.6x
Tue, 28 Oct 2025SEK 301.7bSEK 76.8bSEK 5.2b47.1x57.6x3.9x
Thu, 25 Sep 2025SEK 332.8bSEK 74.2bSEK 5.3b54.5x63.3x4.5x
Sat, 23 Aug 2025SEK 306.8bSEK 74.5bSEK 5.2b53.3x59.4x4.1x
Mon, 21 Jul 2025SEK 332.8bSEK 74.4bSEK 5.2b53.6x64.5x4.5x
Wed, 18 Jun 2025SEK 290.5bSEK 69.9bSEK 4.7b45x61.8x4.2x
Fri, 16 May 2025SEK 271.5bSEK 69.8bSEK 4.7b45.2x57.6x3.9x
Sun, 13 Apr 2025SEK 253.2bSEK 68.2bSEK 4.2b46.2x59.9x3.7x
Tue, 11 Mar 2025SEK 231.8bSEK 68.2bSEK 4.2b39.8x54.8x3.4x
Thu, 06 Feb 2025SEK 153.3bSEK 63.0bSEK 4.1b39.5x37.2x2.4x
Sat, 04 Jan 2025SEK 146.5bSEK 63.0bSEK 4.1b39.1x35.5x2.3x
Mon, 02 Dec 2024SEK 150.2bSEK 63.0bSEK 4.1b37.5x36.4x2.4x
Wed, 30 Oct 2024SEK 145.1bSEK 63.0bSEK 4.1b35x35.2x2.3x
Fri, 27 Sep 2024SEK 135.8bSEK 60.9bSEK 3.8b34.3x35.6x2.2x
Sun, 25 Aug 2024SEK 145.7bSEK 61.0bSEK 3.8b34.6x37.9x2.4x
Tue, 23 Jul 2024SEK 148.4bSEK 61.0bSEK 3.8b35.4x38.6x2.4x
Thu, 20 Jun 2024SEK 149.1bSEK 58.0bSEK 3.6b41.8x41.8x2.6x
Sat, 18 May 2024SEK 147.5bSEK 58.0bSEK 3.6b38.9x41.3x2.5x
Mon, 15 Apr 2024SEK 142.4bSEK 55.3bSEK 3.6b42.1x39.9x2.6x
Wed, 13 Mar 2024SEK 132.1bSEK 55.3bSEK 3.6b36.7x37x2.4x
Fri, 09 Feb 2024SEK 111.1bSEK 52.9bSEK 3.4b38.9x32.4x2.1x
Sun, 07 Jan 2024SEK 100.9bSEK 52.9bSEK 3.4b37.3x29.6x1.9x
Tue, 05 Dec 2023SEK 89.0bSEK 52.9bSEK 3.4b37.7x26.1x1.7x
Thu, 02 Nov 2023SEK 90.7bSEK 52.8bSEK 3.3b35.5x27.3x1.7x
Sat, 30 Sep 2023SEK 90.3bSEK 49.8bSEK 2.9b38.6x30.7x1.8x
Mon, 28 Aug 2023SEK 92.0bSEK 49.8bSEK 2.9b41.4x31.2x1.8x
Wed, 26 Jul 2023SEK 89.3bSEK 49.5bSEK 2.9b50.4x30.6x1.8x
Fri, 23 Jun 2023SEK 96.1bSEK 47.1bSEK 2.5b49.3x38.2x2x
Sun, 21 May 2023SEK 97.2bSEK 47.1bSEK 2.5b56.4x38.4x2.1x
Tue, 18 Apr 2023SEK 101.0bSEK 44.4bSEK 2.1b60.9x49.1x2.3x
Thu, 16 Mar 2023SEK 95.4bSEK 44.4bSEK 2.1b50.6x46.4x2.1x
Sat, 11 Feb 2023SEK 79.2bSEK 42.3bSEK 1.6b56.3x48.4x1.9x
Mon, 09 Jan 2023SEK 69.2bSEK 42.2bSEK 1.7b57.6x40.5x1.6x
Price to Earnings Ratio

40.5x


Total Market Cap: SEK 69.2bTotal Earnings: SEK 1.7bTotal Revenue: SEK 42.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Aerospace and Defense Industry Price to Earnings3Y Average 43.3x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Aerospace and Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 59.7x which is higher than its 3-year average PE of 43.3x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the Aerospace and Defense industry have grown 45% per year over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Swedish Aerospace and Defense compare with similar industries?

SE Market1.25%
Industrials1.07%
Aerospace & Defense1.44%
Aerospace and Defense1.44%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SAAB B SaabSEK 537.601.6%
+SEK 4.5b		131.4%PE55.7x
GOMX GomSpace GroupSEK 16.966.9%
+SEK 185.5m		280.7%PS8.8x
CTT CTT SystemsSEK 199.202.4%
+SEK 57.6m		-28.1%PE43.6x
AAC AAC Clyde SpaceSEK 105.407.1%
+SEK 49.7m		122.1%PS1.9x
ARGO Argo Defence GroupSEK 16.353.8%
+SEK 12.0m		n/an/a

Latest News

AAC
SEK 105.40
AAC Clyde Space
7D
7.1%
1Y
122.1%
IVSO
SEK 263.00
Invisio
7D
-0.6%
1Y
0%

IVSO: Long Term Defense Contracts Will Support Future Performance

Analysts have maintained Invisio's fair value estimate at SEK 351.00 per share. This reflects stable expectations for revenue growth, margins, and future valuation multiples, despite a slightly higher discount rate.
GOMX
SEK 16.96
GomSpace Group
7D
6.9%
1Y
280.7%
MILDEF
SEK 119.80
MilDef Group
7D
-2.5%
1Y
-3.5%

Here's Why MilDef Group (STO:MILDEF) Can Manage Its Debt Responsibly

Dec 19
Here's Why MilDef Group (STO:MILDEF) Can Manage Its Debt Responsibly
ARGO
SEK 16.35
Argo Defence Group
7D
3.8%
1Y
n/a
SAAB B
SEK 537.60
Saab
7D
1.6%
1Y
131.4%

SAAB B: Future Defense Backlog And Execution Risks Will Shape Returns Ahead

Analysts have nudged their price target on Saab higher by SEK 30 to SEK 460, citing slightly improved long term earnings visibility and a modestly higher valuation multiple. Analyst Commentary Analyst reactions to the updated target reflect a nuanced view of Saab's risk reward profile, balancing improved long term earnings visibility against lingering concerns on valuation and execution.
AVT B
SEK 8.64
AVTECH Sweden
7D
0.5%
1Y
31.3%

Shareholders Should Be Pleased With AVTECH Sweden AB (publ)'s (STO:AVT B) Price

Dec 12
Shareholders Should Be Pleased With AVTECH Sweden AB (publ)'s (STO:AVT B) Price
W5
SEK 49.60
W5 Solutions
7D
0.9%
1Y
2.3%
CTT
SEK 199.20
CTT Systems
7D
2.4%
1Y
-28.1%
SARS
SEK 0.55
Sarsys
7D
-8.3%
1Y
-71.2%