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Swedish (OMX) Commercial Services Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies22
  • 7D2.8%
  • 3M0.8%
  • 1Y5.2%
  • YTD-3.0%

In the last week, the Commercial Services industry is up 1.9%, with Verisure leading the way, up 4.4%. Meanwhile, Studsvik actually underperformed within the industry, shrinking 23% in the last week. This means that the industry has gained 5.5% over the past year. As for the next few years, earnings are expected to grow by 46% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Dec 2025SEK 171.3bSEK 279.5bSEK 7.6b18.1x22.7x0.6x
Fri, 21 Nov 2025SEK 163.2bSEK 279.3bSEK 7.5b16.9x21.8x0.6x
Sun, 19 Oct 2025SEK 170.2bSEK 279.4bSEK 8.4b17.1x20.2x0.6x
Tue, 16 Sep 2025SEK 161.2bSEK 275.7bSEK 8.6b18.6x18.7x0.6x
Thu, 14 Aug 2025SEK 163.5bSEK 276.2bSEK 8.7b20.5x18.9x0.6x
Sat, 12 Jul 2025SEK 166.4bSEK 278.2bSEK 6.8b22.9x24.5x0.6x
Mon, 09 Jun 2025SEK 155.2bSEK 278.2bSEK 6.8b22.5x22.9x0.6x
Wed, 07 May 2025SEK 169.0bSEK 281.1bSEK 6.3b22.4x27x0.6x
Fri, 04 Apr 2025SEK 158.9bSEK 280.6bSEK 6.4b17.5x24.9x0.6x
Sun, 02 Mar 2025SEK 168.9bSEK 280.3bSEK 6.4b19.1x26.3x0.6x
Tue, 28 Jan 2025SEK 153.0bSEK 279.8bSEK 7.9b17.8x19.5x0.5x
Thu, 26 Dec 2024SEK 152.0bSEK 279.8bSEK 7.9b18.3x19.3x0.5x
Sat, 23 Nov 2024SEK 150.2bSEK 279.9bSEK 7.9b17.9x19.1x0.5x
Mon, 21 Oct 2024SEK 154.7bSEK 279.0bSEK 3.8b20.4x41.2x0.6x
Wed, 18 Sep 2024SEK 153.8bSEK 279.0bSEK 3.8b20x41x0.6x
Fri, 16 Aug 2024SEK 147.3bSEK 279.0bSEK 3.7b20.5x39.7x0.5x
Sun, 14 Jul 2024SEK 142.5bSEK 277.4bSEK 4.9b22.3x28.8x0.5x
Tue, 11 Jun 2024SEK 141.9bSEK 276.8bSEK 4.9b22.6x29x0.5x
Thu, 09 May 2024SEK 133.8bSEK 276.3bSEK 4.8b21.6x27.6x0.5x
Sat, 06 Apr 2024SEK 136.6bSEK 274.0bSEK 5.1b21.2x26.6x0.5x
Mon, 04 Mar 2024SEK 139.1bSEK 274.0bSEK 5.1b21.9x27.1x0.5x
Wed, 31 Jan 2024SEK 130.5bSEK 271.1bSEK 5.5b22.5x23.8x0.5x
Fri, 29 Dec 2023SEK 130.2bSEK 271.3bSEK 1.8b22.7x73.4x0.5x
Sun, 26 Nov 2023SEK 120.8bSEK 271.3bSEK 1.8b21.2x68.1x0.4x
Tue, 24 Oct 2023SEK 121.5bSEK 264.9bSEK 3.3b16.6x36.9x0.5x
Thu, 21 Sep 2023SEK 120.9bSEK 265.1bSEK 3.3b18.8x36.4x0.5x
Sat, 19 Aug 2023SEK 122.8bSEK 264.4bSEK 3.3b14.9x36.9x0.5x
Mon, 17 Jul 2023SEK 129.1bSEK 253.7bSEK 3.5b14.7x37.4x0.5x
Wed, 14 Jun 2023SEK 131.8bSEK 252.8bSEK 3.5b15.3x38.1x0.5x
Fri, 12 May 2023SEK 136.7bSEK 252.2bSEK 3.4b15.5x39.7x0.5x
Sun, 09 Apr 2023SEK 149.7bSEK 240.1bSEK 3.7b16x40.1x0.6x
Tue, 07 Mar 2023SEK 150.6bSEK 240.1bSEK 3.7b15.9x40.3x0.6x
Thu, 02 Feb 2023SEK 158.7bSEK 240.8bSEK 3.4b15.5x47.1x0.7x
Sat, 31 Dec 2022SEK 146.0bSEK 239.4bSEK 8.1b14.2x18.1x0.6x
Price to Earnings Ratio

18.1x


Total Market Cap: SEK 146.0bTotal Earnings: SEK 8.1bTotal Revenue: SEK 239.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Commercial Services Industry Price to Earnings3Y Average 32x202320242025
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 22.7x which is lower than its 3-year average PE of 32.0x.
  • 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 declined 2.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SE Market1.17%
Industrials0.65%
Commercial Services2.85%
Security and Alarm Services3.29%
Diversified Support Services2.18%
Commercial Printing-1.69%
Environmental and Facilities Services-2.47%
Office Services and Supplies-2.70%
Industry PE
  • Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 17.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 71% over the next 5 years.
  • This is better than its past earnings decline of 34% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 24% 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€14.474.4%
+€626.6m		n/aPS4.1x
SECU B SecuritasSEK 145.301.6%
+SEK 1.3b		5.4%PE16.5x
LOOMIS LoomisSEK 386.002.1%
+SEK 539.7m		13.7%PE14.5x
BRAV Bravida HoldingSEK 88.952.4%
+SEK 429.6m		12.2%PE15.7x
INTRUM IntrumSEK 37.784.4%
+SEK 216.3m		39.2%PS0.3x

Latest News

SECU B
SEK 145.30
Securitas
7D
1.6%
1Y
5.4%

Market Cool On Securitas AB (publ)'s (STO:SECU B) Earnings

Dec 23
Market Cool On Securitas AB (publ)'s (STO:SECU B) Earnings
LOOMIS
SEK 386.00
Loomis
7D
2.1%
1Y
13.7%

LOOMIS: Future Buybacks Will Drive Upside Despite Goodwill Impairment

Analysts have nudged their price target on Loomis slightly lower to approximately $449 from about $453, citing a modestly softer long term revenue growth outlook that is only partly offset by a marginal improvement in expected profit margins and a slightly lower discount rate. What's in the News Loomis AB announced a non cash goodwill impairment charge of approximately SEK 320 million for the fourth quarter of 2025, signaling a reassessment of the value of past acquisitions (Key Developments).
GREEN
SEK 44.90
Green Landscaping Group
7D
1.6%
1Y
-36.9%

GREEN: Higher Revenue Outlook Will Support Future Upside Potential

Analysts have trimmed their price target on Green Landscaping Group slightly from approximately SEK 64.83 to SEK 64.50, citing marginally higher discount rate assumptions and a softer profit margin outlook, partially offset by slightly stronger expected revenue growth and valuation multiples. Valuation Changes Fair Value: Reduced slightly from SEK 64.83 to SEK 64.50 per share.
SDIP B
SEK 189.70
Sdiptech
7D
2.4%
1Y
-19.9%

SDIP B: Improved Profitability And M&A Pipeline Will Drive Long-Term Upside

Sdiptech's analyst fair value estimate has been raised from SEK 300 to SEK 315, as analysts highlight improved expected profitability and a lower valuation multiple outlook, despite slightly softer growth assumptions. What's in the News Sdiptech reiterated its focus on M&A in selected infrastructure segments, describing the opportunity set as broad enough to support long term deal flow while maintaining strategic focus.
ARFA
SEK 89.00
Arctic Falls
7D
-2.2%
1Y
n/a
BRAV
SEK 88.95
Bravida Holding
7D
2.4%
1Y
12.2%

Is It Too Late To Consider Buying Bravida Holding AB (publ) (STO:BRAV)?

Dec 06
Is It Too Late To Consider Buying Bravida Holding AB (publ) (STO:BRAV)?
INTRUM
SEK 37.78
Intrum
7D
4.4%
1Y
39.2%
VSURE
€14.47
Verisure
7D
4.4%
1Y
n/a
RO
SEK 0.25
Rolling Optics Holding
7D
-13.2%
1Y
-64.3%
TSEC
SEK 11.00
Tempest Security
7D
-6.4%
1Y
16.8%

Tempest Security AB (publ) (STO:TSEC) Soars 26% But It's A Story Of Risk Vs Reward

Nov 27
Tempest Security AB (publ) (STO:TSEC) Soars 26% But It's A Story Of Risk Vs Reward
SVIK
SEK 243.00
Studsvik
7D
-23.1%
1Y
106.3%

Estimating The Fair Value Of Studsvik AB (publ) (STO:SVIK)

Nov 26
Estimating The Fair Value Of Studsvik AB (publ) (STO:SVIK)
SES
SEK 0.83
Scandinavian Enviro Systems
7D
7.3%
1Y
-54.8%
BONG
SEK 0.65
Bong
7D
-2.7%
1Y
-19.0%
ITAB
SEK 17.80
ITAB Shop Concept
7D
-3.1%
1Y
-14.0%
COOR
SEK 48.12
Coor Service Management Holding
7D
-0.3%
1Y
41.5%

Some Investors May Be Willing To Look Past Coor Service Management Holding's (STO:COOR) Soft Earnings

Nov 05
Some Investors May Be Willing To Look Past Coor Service Management Holding's (STO:COOR) Soft Earnings
MASHUP
SEK 0.34
Mashup Ireland
7D
-6.7%
1Y
-87.4%