Narrative Update • Sep 17

In the last week, the Commercial Services industry is flat overall, with Intrum standing out by going down 6.1%. Unfortunately though, the industry is down 36% over the past 12 months. Looking forward, earnings are forecast to grow by 36% annually.
Has the Swedish Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 21 Sep 2026 | SEK 196.8b | SEK 273.8b | SEK 6.7b | 20.3x | 29.6x | 0.7x |
| Wed, 19 Aug 2026 | SEK 188.0b | SEK 273.9b | SEK 6.8b | 18.5x | 27.7x | 0.7x |
| Fri, 17 Jul 2026 | SEK 187.5b | SEK 273.9b | SEK 6.4b | 18.8x | 29.5x | 0.7x |
| Sun, 14 Jun 2026 | SEK 181.7b | SEK 273.3b | SEK 6.2b | 19.1x | 29.4x | 0.7x |
| Tue, 12 May 2026 | SEK 180.6b | SEK 273.3b | SEK 6.2b | 18.3x | 29.2x | 0.7x |
| Thu, 09 Apr 2026 | SEK 184.5b | SEK 277.0b | SEK 6.1b | 19.2x | 30.2x | 0.7x |
| Sat, 07 Mar 2026 | SEK 176.8b | SEK 277.0b | SEK 6.3b | 18.7x | 28.1x | 0.6x |
| Mon, 02 Feb 2026 | SEK 171.5b | SEK 279.1b | SEK 6.2b | 19.4x | 27.6x | 0.6x |
| Wed, 31 Dec 2025 | SEK 173.0b | SEK 279.5b | SEK 7.6b | 18.6x | 22.9x | 0.6x |
| Fri, 28 Nov 2025 | SEK 168.7b | SEK 279.4b | SEK 7.5b | 17.3x | 22.5x | 0.6x |
| Sun, 26 Oct 2025 | SEK 174.2b | SEK 279.5b | SEK 8.4b | 17.5x | 20.7x | 0.6x |
| Tue, 23 Sep 2025 | SEK 156.3b | SEK 275.7b | SEK 8.6b | 18.4x | 18.2x | 0.6x |
| Thu, 21 Aug 2025 | SEK 166.1b | SEK 275.7b | SEK 8.6b | 19.8x | 19.3x | 0.6x |
| Sat, 19 Jul 2025 | SEK 161.8b | SEK 279.0b | SEK 6.7b | 19.6x | 24x | 0.6x |
| Mon, 16 Jun 2025 | SEK 152.2b | SEK 278.2b | SEK 6.8b | 21.4x | 22.4x | 0.5x |
| Wed, 14 May 2025 | SEK 155.5b | SEK 278.4b | SEK 6.9b | 20.5x | 22.6x | 0.6x |
| Fri, 11 Apr 2025 | SEK 153.5b | SEK 280.5b | SEK 6.4b | 16.7x | 24.1x | 0.5x |
| Sun, 09 Mar 2025 | SEK 162.0b | SEK 280.0b | SEK 6.4b | 18.1x | 25.2x | 0.6x |
| Tue, 04 Feb 2025 | SEK 156.7b | SEK 277.6b | SEK 6.1b | 18.8x | 25.6x | 0.6x |
| Thu, 02 Jan 2025 | SEK 151.4b | SEK 279.8b | SEK 7.9b | 18.3x | 19.3x | 0.5x |
| Sat, 30 Nov 2024 | SEK 152.2b | SEK 279.9b | SEK 7.9b | 18.1x | 19.4x | 0.5x |
| Mon, 28 Oct 2024 | SEK 150.5b | SEK 278.9b | SEK 4.7b | 20.2x | 32.2x | 0.5x |
| Wed, 25 Sep 2024 | SEK 155.4b | SEK 279.1b | SEK 3.8b | 20.1x | 41.4x | 0.6x |
| Fri, 23 Aug 2024 | SEK 148.9b | SEK 279.1b | SEK 3.7b | 21.2x | 40.7x | 0.5x |
| Sun, 21 Jul 2024 | SEK 142.6b | SEK 277.3b | SEK 4.9b | 22.3x | 28.8x | 0.5x |
| Tue, 18 Jun 2024 | SEK 137.1b | SEK 276.8b | SEK 4.9b | 22.7x | 28x | 0.5x |
| Thu, 16 May 2024 | SEK 139.5b | SEK 276.8b | SEK 4.9b | 21.2x | 28.7x | 0.5x |
| Sat, 13 Apr 2024 | SEK 134.7b | SEK 274.0b | SEK 5.1b | 21.5x | 26.3x | 0.5x |
| Mon, 11 Mar 2024 | SEK 135.3b | SEK 274.0b | SEK 5.1b | 22.1x | 26.4x | 0.5x |
| Wed, 07 Feb 2024 | SEK 126.6b | SEK 271.7b | SEK 5.3b | 21.5x | 23.9x | 0.5x |
| Fri, 05 Jan 2024 | SEK 128.7b | SEK 271.4b | SEK 1.8b | 22.1x | 72.5x | 0.5x |
| Sun, 03 Dec 2023 | SEK 120.9b | SEK 271.3b | SEK 1.8b | 21x | 68.2x | 0.4x |
| Tue, 31 Oct 2023 | SEK 116.5b | SEK 267.2b | SEK 4.9b | 16.4x | 23.9x | 0.4x |
| Thu, 28 Sep 2023 | SEK 115.8b | SEK 265.0b | SEK 3.3b | 18.2x | 34.9x | 0.4x |
34.9x
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | 0.64% | |
| Industrials | 1.33% | |
| Commercial Services | 0.036% | |
| Diversified Support Services | 0.74% | |
| Security and Alarm Services | -0.0045% | |
| Environmental and Facilities Services | -0.76% | |
| Office Services and Supplies | -2.57% | |
| Commercial Printing | -2.96% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VSURE Verisure | €8.83 | 1.7% +€153.0m | n/a | PS2.3x | |
| LOOMIS Loomis | SEK 549.00 | 3.4% +SEK 1.2b | 31.7% | PE19.8x | |
| SECU B Securitas | SEK 152.10 | 1.4% +SEK 1.2b | 7.7% | PE15.6x | |
| TCC A TCECUR Sweden | SEK 20.50 | 5.4% +SEK 10.2m | -16.0% | PE898x | |
| COOR Coor Service Management Holding | SEK 50.70 | 0.2% +SEK 9.5m | 8.9% | PE18.5x |