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Swedish (OMX) Aerospace & Defense Industry Analysis

UpdatedJul 23, 2026
DataAggregated Company Financials
Companies10
  • 7D12.4%
  • 3M-0.6%
  • 1Y6.1%
  • YTD4.7%

Over the last 7 days, the Aerospace & Defense industry has risen 9.3%, driven by gains from Saab of 13%. This means that the industry has gained 7.6% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 23 Jul 2026SEK 342.9bSEK 94.5bSEK 7.6b41.3x45.2x3.6x
Sat, 20 Jun 2026SEK 295.9bSEK 88.5bSEK 6.9b40.9x42.8x3.3x
Mon, 18 May 2026SEK 286.1bSEK 88.5bSEK 6.9b37.7x41.4x3.2x
Wed, 15 Apr 2026SEK 357.6bSEK 84.6bSEK 6.7b48.7x53.7x4.2x
Fri, 13 Mar 2026SEK 396.0bSEK 84.5bSEK 6.7b51.7x59.4x4.7x
Sun, 08 Feb 2026SEK 376.0bSEK 84.0bSEK 6.7b45.2x56.4x4.5x
Tue, 06 Jan 2026SEK 344.2bSEK 76.8bSEK 5.2b51.2x65.9x4.5x
Thu, 04 Dec 2025SEK 274.0bSEK 76.8bSEK 5.2b44.9x52.5x3.6x
Sat, 01 Nov 2025SEK 307.4bSEK 76.8bSEK 5.2b47.9x58.7x4x
Mon, 29 Sep 2025SEK 337.3bSEK 74.2bSEK 5.3b54.3x64.2x4.5x
Wed, 27 Aug 2025SEK 317.8bSEK 74.5bSEK 5.2b53.8x61.5x4.3x
Fri, 25 Jul 2025SEK 316.3bSEK 74.4bSEK 5.2b52.6x61.3x4.2x
Sun, 22 Jun 2025SEK 294.6bSEK 69.9bSEK 4.7b45.7x62.7x4.2x
Tue, 20 May 2025SEK 279.5bSEK 69.8bSEK 4.7b48.1x59.3x4x
Thu, 17 Apr 2025SEK 269.3bSEK 68.2bSEK 4.2b45.5x63.7x3.9x
Sat, 15 Mar 2025SEK 250.1bSEK 68.2bSEK 4.2b42.4x59.1x3.7x
Mon, 10 Feb 2025SEK 141.1bSEK 67.8bSEK 4.1b32.4x34.8x2.1x
Wed, 08 Jan 2025SEK 144.6bSEK 63.0bSEK 4.1b39.1x35.1x2.3x
Fri, 06 Dec 2024SEK 155.9bSEK 63.0bSEK 4.1b40.2x37.8x2.5x
Sun, 03 Nov 2024SEK 139.4bSEK 63.0bSEK 4.1b34.3x33.8x2.2x
Tue, 01 Oct 2024SEK 134.3bSEK 60.9bSEK 3.8b33.4x35.2x2.2x
Thu, 29 Aug 2024SEK 147.9bSEK 61.0bSEK 3.8b35.3x38.5x2.4x
Sat, 27 Jul 2024SEK 148.4bSEK 61.0bSEK 3.8b35.4x38.8x2.4x
Mon, 24 Jun 2024SEK 148.0bSEK 58.0bSEK 3.6b42.9x41.5x2.6x
Wed, 22 May 2024SEK 151.2bSEK 58.0bSEK 3.6b39.8x42.3x2.6x
Fri, 19 Apr 2024SEK 140.6bSEK 55.3bSEK 3.6b37.8x39.4x2.5x
Sun, 17 Mar 2024SEK 135.1bSEK 55.3bSEK 3.6b38.6x37.9x2.4x
Tue, 13 Feb 2024SEK 120.4bSEK 55.2bSEK 3.5b38.7x34x2.2x
Thu, 11 Jan 2024SEK 103.5bSEK 52.9bSEK 3.4b38.9x30.3x2x
Sat, 09 Dec 2023SEK 87.9bSEK 52.9bSEK 3.4b37.6x25.8x1.7x
Mon, 06 Nov 2023SEK 92.0bSEK 52.8bSEK 3.3b37.1x27.8x1.7x
Wed, 04 Oct 2023SEK 90.6bSEK 49.8bSEK 2.9b38.3x30.8x1.8x
Fri, 01 Sep 2023SEK 94.3bSEK 49.8bSEK 2.9b41.8x32x1.9x
Sun, 30 Jul 2023SEK 90.5bSEK 49.7bSEK 2.9b42.1x30.7x1.8x
Price to Earnings Ratio

30.7x


Total Market Cap: SEK 90.5bTotal Earnings: SEK 2.9bTotal Revenue: SEK 49.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Aerospace & Defense Industry Price to Earnings3Y Average 45.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Aerospace & Defense industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 45.6x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 37% 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 Trends

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

SE Market1.10%
Industrials2.50%
Aerospace & Defense12.38%
Aerospace and Defense12.38%
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 586.8012.8%
+SEK 36.2b		8.5%PE44.5x
MILDEF MilDef GroupSEK 231.0024.7%
+SEK 2.2b		36.5%PE40.8x
AVT B AVTECH SwedenSEK 4.7511.0%
+SEK 26.5m		-55.4%PE15.7x
W5 W5 SolutionsSEK 45.502.8%
+SEK 21.9m		-24.9%PE47.3x
IVSO InvisioSEK 211.800.09%
+SEK 9.2m		-34.7%PE39.3x

Latest News

IVSO
SEK 211.80
Invisio
7D
0.09%
1Y
-34.7%
MILDEF
SEK 231.00
MilDef Group
7D
24.7%
1Y
36.5%
CTT
SEK 121.60
CTT Systems
7D
-3.0%
1Y
-44.6%
AAC
SEK 117.40
AAC Clyde Space
7D
-1.0%
1Y
-1.8%
SAAB B
SEK 586.80
Saab
7D
12.8%
1Y
8.5%
Analysis Article • Jul 21

Saab AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Saab AB (publ) ( STO:SAAB B ) investors will be delighted, with the company turning in some strong numbers with its...
GOMX
SEK 13.05
GomSpace Group
7D
-5.0%
1Y
-27.6%
AVT B
SEK 4.75
AVTECH Sweden
7D
11.0%
1Y
-55.4%
XER
SEK 3.42
Xer Tech Holding
7D
3.6%
1Y
8.2%
W5
SEK 45.50
W5 Solutions
7D
2.8%
1Y
-24.9%
Narrative Update • Jun 10

W5: Expanding Defence Contract Backlog Will Support Future Revaluation Potential

Analysts have kept their SEK price target for W5 Solutions broadly unchanged at SEK 87.17, with only marginal adjustments to inputs such as the discount rate, revenue growth assumptions, profit margin and future P/E underpinning the updated valuation view. What's in the News The company issued earnings guidance for 2027, with expected net sales of SEK 1,000 million and an EBIT margin of 10% (source: company guidance).
ARGO
SEK 14.90
Argo Defence Group
7D
-8.4%
1Y
n/a
SARS
SEK 0.50
Sarsys
7D
-19.4%
1Y
-24.8%