Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) Commercial Services Industry Analysis

UpdatedMar 24, 2026
DataAggregated Company Financials
Companies20
  • 7D-3.2%
  • 3M-19.3%
  • 1Y2.7%
  • YTD-17.6%

Over the last 7 days, the Commercial Services industry has dropped 3.2%, driven by Securitas declining 4.3%. Meanwhile, Scandinavian Enviro Systems actually outperformed within the industry, gaining 123% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Swedish Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026SEK 169.8bSEK 277.0bSEK 6.4b17.3x26.6x0.6x
Thu, 19 Feb 2026SEK 178.3bSEK 277.1bSEK 6.2b18.4x29x0.6x
Sat, 17 Jan 2026SEK 173.7bSEK 279.5bSEK 7.6b18.3x23x0.6x
Mon, 15 Dec 2025SEK 168.3bSEK 279.4bSEK 7.5b17.3x22.4x0.6x
Wed, 12 Nov 2025SEK 168.7bSEK 279.3bSEK 7.5b16.7x22.4x0.6x
Fri, 10 Oct 2025SEK 172.6bSEK 275.8bSEK 8.6b18.4x20.1x0.6x
Sun, 07 Sep 2025SEK 160.5bSEK 275.7bSEK 8.6b20.1x18.7x0.6x
Tue, 05 Aug 2025SEK 160.2bSEK 276.2bSEK 8.7b19.1x18.5x0.6x
Thu, 03 Jul 2025SEK 163.0bSEK 278.2bSEK 6.8b21.3x24x0.6x
Sat, 31 May 2025SEK 154.1bSEK 278.3bSEK 6.7b21.9x22.9x0.6x
Mon, 28 Apr 2025SEK 166.9bSEK 280.3bSEK 6.3b18.8x26.4x0.6x
Wed, 26 Mar 2025SEK 163.4bSEK 280.1bSEK 6.4b18.1x25.6x0.6x
Fri, 21 Feb 2025SEK 170.5bSEK 280.3bSEK 6.5b18.9x26.4x0.6x
Sun, 19 Jan 2025SEK 151.4bSEK 279.8bSEK 7.9b17.6x19.3x0.5x
Tue, 17 Dec 2024SEK 152.7bSEK 279.8bSEK 7.9b18.3x19.4x0.5x
Thu, 14 Nov 2024SEK 154.6bSEK 279.7bSEK 7.9b18.2x19.7x0.6x
Sat, 12 Oct 2024SEK 152.0bSEK 279.1bSEK 3.8b19.8x40.5x0.5x
Mon, 09 Sep 2024SEK 149.2bSEK 279.0bSEK 3.8b19.4x39.8x0.5x
Wed, 07 Aug 2024SEK 142.6bSEK 279.0bSEK 3.7b21x38.3x0.5x
Fri, 05 Jul 2024SEK 137.1bSEK 276.8bSEK 4.9b22x27.7x0.5x
Sun, 02 Jun 2024SEK 142.0bSEK 276.9bSEK 4.9b22.3x29.1x0.5x
Tue, 30 Apr 2024SEK 135.3bSEK 275.0bSEK 4.8b20.5x28.1x0.5x
Thu, 28 Mar 2024SEK 139.5bSEK 274.0bSEK 5.1b21.6x27.2x0.5x
Sat, 24 Feb 2024SEK 135.0bSEK 273.8bSEK 5.1b23.3x26.7x0.5x
Mon, 22 Jan 2024SEK 128.2bSEK 271.4bSEK 1.8b21x72.1x0.5x
Wed, 20 Dec 2023SEK 130.1bSEK 271.3bSEK 1.8b22.4x73.3x0.5x
Fri, 17 Nov 2023SEK 121.2bSEK 270.8bSEK 1.7b19.5x69.5x0.4x
Sun, 15 Oct 2023SEK 124.6bSEK 265.0bSEK 3.3b16.4x37.7x0.5x
Tue, 12 Sep 2023SEK 122.8bSEK 265.1bSEK 3.3b20.3x36.9x0.5x
Thu, 10 Aug 2023SEK 128.2bSEK 264.5bSEK 3.3b14.5x38.5x0.5x
Sat, 08 Jul 2023SEK 131.5bSEK 252.9bSEK 3.5b14.8x38x0.5x
Mon, 05 Jun 2023SEK 131.6bSEK 252.8bSEK 3.5b15.1x38.1x0.5x
Wed, 03 May 2023SEK 139.6bSEK 240.1bSEK 3.2b16.1x44.1x0.6x
Fri, 31 Mar 2023SEK 146.0bSEK 240.1bSEK 3.7b16.2x39.1x0.6x
Price to Earnings Ratio

39.1x


Total Market Cap: SEK 146.0bTotal Earnings: SEK 3.7bTotal Revenue: SEK 240.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Commercial Services Industry Price to Earnings3Y Average 31.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Commercial Services 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 26.6x which is lower than its 3-year average PE of 31.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 4.9% 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 Market-4.52%
Industrials-4.77%
Commercial Services-3.23%
Office Services and Supplies-1.13%
Environmental and Facilities Services-2.19%
Security and Alarm Services-3.16%
Diversified Support Services-4.38%
Commercial Printing-5.73%
Industry PE
  • Investors are most optimistic about the Diversified Support Services industry which is trading above its 3-year average PE ratio of 36.2x.
    • Analysts are expecting annual earnings growth of 22.9%, which is lower than the prior year's growth of 44.8% per year.
  • Investors are most pessimistic about the Commercial Printing industry, which is trading below its 3-year average of 14.4x.
Forecasted Growth
  • Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 58% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 23% 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
VSURE Verisure€8.860.5%
+€41.4m		n/aPS2.4x
SES Scandinavian Enviro SystemsSEK 0.28154.1%
+SEK 184.1m		-81.1%PS8.7x
LAMM B Lammhults Design GroupSEK 26.200.4%
+SEK 844.8k		-17.6%PS0.3x

Latest News

INTRUM
SEK 37.24
Intrum
7D
-7.0%
1Y
28.8%
LAMM B
SEK 26.20
Lammhults Design Group
7D
0.4%
1Y
-17.6%
SECU B
SEK 152.45
Securitas
7D
-3.2%
1Y
5.2%

SECU B: Future Dividend Policy And Execution On Margin And P/E Will Matter

Narrative Update on Securitas Analysts have lifted their average price targets for Securitas into the low SEK 120s, with one move from SEK 114 to SEK 122 and another SEK 10 increase, while only marginally adjusting assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects a more refined yet still cautious view on the shares.
SVIK
SEK 296.00
Studsvik
7D
-6.3%
1Y
141.4%
ITAB
SEK 13.54
ITAB Shop Concept
7D
-3.7%
1Y
-35.8%

ITAB: Lower Discount Rate And Stable Margins Will Support Further Upside

Analysts have slightly adjusted their price target for ITAB Shop Concept to SEK26.67 from SEK27.38, reflecting small tweaks to their fair value estimate, discount rate and assumed future P/E multiple. Valuation Changes Fair Value: trimmed slightly to SEK26.67 from SEK27.38, a modest reduction in the modelled estimate.
VSURE
€8.86
Verisure
7D
0.5%
1Y
n/a
COOR
SEK 60.35
Coor Service Management Holding
7D
-2.7%
1Y
79.0%

COOR: Dividend Shift And New CFO Will Shape A Measured Outlook

Analysts have raised their price target for Coor Service Management Holding from SEK55.63 to SEK64.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News The Board of Directors has proposed a total dividend of SEK 2.50 per share for 2025, including an extraordinary dividend of SEK 1.00 per share.
SDIP B
SEK 185.20
Sdiptech
7D
-4.0%
1Y
-5.0%

SDIP B: Preference Share Redemption And Cash Flow Focus Will Support Future Upside

Analysts have kept their SEK 290.00 price target for Sdiptech unchanged, with only small tweaks to their discount rate, revenue growth, profit margin and future P/E assumptions guiding this steady view. What's in the News Sdiptech's Board of Directors has approved a mandatory redemption of all preference shares, with total redemption proceeds of about SEK 184m, equal to SEK 105.00 per preference share (Key Developments).
BRAV
SEK 96.70
Bravida Holding
7D
-5.2%
1Y
3.7%
LOOMIS
SEK 404.00
Loomis
7D
-4.9%
1Y
-1.7%

Cyclical Logistics And Cash Infrastructure Will Support Steady Margins Despite Pessimistic Assumptions

Catalysts About Loomis Loomis provides cash handling, secure logistics and related services across cash, precious metals and other high value physical assets. What are the underlying business or industry changes driving this perspective?
SES
SEK 0.28
Scandinavian Enviro Systems
7D
154.1%
1Y
-81.1%