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Swedish (OMX) Aerospace and Defense Industry Analysis

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies10
  • 7D6.6%
  • 3M43.9%
  • 1Y102.3%
  • YTDn/a

In the last week, the Aerospace and Defense industry is up 4.3%, with Saab up 4.8%. This means that the industry has gained 104% over the past year. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026SEK 389.3bSEK 84.5bSEK 6.7b50.8x58.5x4.6x
Wed, 21 Jan 2026SEK 418.3bSEK 76.8bSEK 5.2b53.8x80.1x5.4x
Fri, 19 Dec 2025SEK 293.4bSEK 76.8bSEK 5.2b47.3x56.2x3.8x
Sun, 16 Nov 2025SEK 305.3bSEK 76.8bSEK 5.2b47.4x58.5x4x
Tue, 14 Oct 2025SEK 304.0bSEK 74.2bSEK 5.3b50.4x57.8x4.1x
Thu, 11 Sep 2025SEK 307.7bSEK 74.2bSEK 5.3b53.3x58.6x4.1x
Sat, 09 Aug 2025SEK 298.6bSEK 74.5bSEK 5.2b51.4x57.9x4x
Mon, 07 Jul 2025SEK 298.5bSEK 69.9bSEK 4.7b51.8x63.5x4.3x
Wed, 04 Jun 2025SEK 300.1bSEK 69.9bSEK 4.7b48.1x63.9x4.3x
Fri, 02 May 2025SEK 275.3bSEK 69.7bSEK 4.7b45.4x58.3x3.9x
Sun, 30 Mar 2025SEK 242.6bSEK 68.2bSEK 4.2b45.5x57.4x3.6x
Tue, 25 Feb 2025SEK 190.5bSEK 68.2bSEK 4.2b36.5x45.3x2.8x
Thu, 23 Jan 2025SEK 148.4bSEK 63.0bSEK 4.1b38.1x36x2.4x
Sat, 21 Dec 2024SEK 143.2bSEK 63.0bSEK 4.1b38.5x34.7x2.3x
Mon, 18 Nov 2024SEK 146.8bSEK 63.0bSEK 4.1b35.6x35.6x2.3x
Wed, 16 Oct 2024SEK 133.6bSEK 60.9bSEK 3.8b32.7x35x2.2x
Fri, 13 Sep 2024SEK 141.9bSEK 61.0bSEK 3.8b33.7x37.2x2.3x
Sun, 11 Aug 2024SEK 146.9bSEK 61.0bSEK 3.8b35.2x38.4x2.4x
Tue, 09 Jul 2024SEK 155.7bSEK 58.0bSEK 3.6b39.9x43.6x2.7x
Thu, 06 Jun 2024SEK 152.9bSEK 58.0bSEK 3.6b44.1x42.8x2.6x
Sat, 04 May 2024SEK 136.9bSEK 58.0bSEK 3.6b40.2x38.3x2.4x
Mon, 01 Apr 2024SEK 147.5bSEK 55.3bSEK 3.6b43.6x41.3x2.7x
Wed, 28 Feb 2024SEK 125.4bSEK 55.3bSEK 3.5b37x35.6x2.3x
Fri, 26 Jan 2024SEK 107.9bSEK 52.9bSEK 3.4b40.5x31.6x2x
Sun, 24 Dec 2023SEK 95.3bSEK 52.9bSEK 3.4b37.6x27.9x1.8x
Tue, 21 Nov 2023SEK 91.5bSEK 52.9bSEK 3.4b36.9x26.9x1.7x
Thu, 19 Oct 2023SEK 91.5bSEK 49.8bSEK 2.9b37.7x31.1x1.8x
Sat, 16 Sep 2023SEK 98.8bSEK 49.8bSEK 2.9b40.4x33.6x2x
Mon, 14 Aug 2023SEK 91.3bSEK 49.8bSEK 2.9b42.1x31x1.8x
Wed, 12 Jul 2023SEK 95.0bSEK 47.1bSEK 2.5b51.4x37.8x2x
Fri, 09 Jun 2023SEK 94.5bSEK 47.1bSEK 2.5b49.6x37.6x2x
Sun, 07 May 2023SEK 96.2bSEK 47.1bSEK 2.5b52x38x2x
Tue, 04 Apr 2023SEK 99.9bSEK 44.4bSEK 2.1b57.7x48.6x2.2x
Thu, 02 Mar 2023SEK 97.6bSEK 44.4bSEK 2.1b52.3x47.5x2.2x
Price to Earnings Ratio

47.5x


Total Market Cap: SEK 97.6bTotal Earnings: SEK 2.1bTotal Revenue: SEK 44.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Aerospace and Defense Industry Price to Earnings3Y Average 44.5x202420252026
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 58.5x which is higher than its 3-year average PE of 44.5x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • The earnings for companies in the Aerospace and Defense industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Market1.86%
Industrials1.93%
Aerospace & Defense6.62%
Aerospace and Defense6.62%
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 669.404.8%
+SEK 16.5b		125.5%PE57x
GOMX GomSpace GroupSEK 22.7010.2%
+SEK 354.2m		444.4%PS8.7x
AVT B AVTECH SwedenSEK 7.003.2%
+SEK 12.6m		-11.4%PE23.6x
SARS SarsysSEK 0.6014.3%
+SEK 12.3m		-60.3%PS0.7x

Latest News

MILDEF
SEK 140.10
MilDef Group
7D
-3.7%
1Y
-17.0%

MILDEF: Future Dividend Policy Will Support Long Term Upside Potential

Analysts have kept their SEK 208.00 price target for MilDef Group unchanged, citing only minor tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions that collectively preserve their overall view of the share's valuation. What's in the News MilDef Group AB (publ) announced an annual dividend of SEK 0.7500 per share, with payment scheduled for May 28, 2026.
SAAB B
SEK 669.40
Saab
7D
4.8%
1Y
125.5%

SAAB B: Higher P/E Assumptions Will Elevate Execution Risk Ahead

Analysts have lifted their Saab price targets, with one move to SEK 516. This contributes to a higher fair value estimate of SEK 595.82 as they factor in updated assumptions on growth, margins and future P/E.
AAC
SEK 105.80
AAC Clyde Space
7D
-2.0%
1Y
88.6%
GOMX
SEK 22.70
GomSpace Group
7D
10.2%
1Y
444.4%
IVSO
SEK 317.00
Invisio
7D
-2.9%
1Y
-16.1%
W5
SEK 58.50
W5 Solutions
7D
-4.1%
1Y
-21.9%
AVT B
SEK 7.00
AVTECH Sweden
7D
3.2%
1Y
-11.4%

Solid Earnings May Not Tell The Whole Story For AVTECH Sweden (STO:AVT B)

Feb 14
Solid Earnings May Not Tell The Whole Story For AVTECH Sweden (STO:AVT B)
ARGO
SEK 18.20
Argo Defence Group
7D
-7.8%
1Y
n/a
SARS
SEK 0.60
Sarsys
7D
14.3%
1Y
-60.3%