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Swedish (OMX) Construction Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies18
  • 7D-4.5%
  • 3M2.8%
  • 1Y-2.0%
  • YTD1.7%

Over the last 7 days, the Construction industry has dropped 4.5%, driven by Skanska declining 5.9%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

Has the Swedish Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026SEK 236.1bSEK 380.9bSEK 9.4b21.4x25x0.6x
Mon, 02 Feb 2026SEK 238.0bSEK 389.0bSEK 11.3b18.5x21.1x0.6x
Wed, 31 Dec 2025SEK 230.6bSEK 389.3bSEK 11.3b18.4x20.4x0.6x
Fri, 28 Nov 2025SEK 226.5bSEK 389.6bSEK 11.3b17.7x20x0.6x
Sun, 26 Oct 2025SEK 235.8bSEK 390.3bSEK 10.9b17.8x21.7x0.6x
Tue, 23 Sep 2025SEK 223.3bSEK 391.0bSEK 10.8b15.8x20.7x0.6x
Thu, 21 Aug 2025SEK 204.8bSEK 332.0bSEK 9.2b17.2x22.1x0.6x
Sat, 19 Jul 2025SEK 193.6bSEK 330.2bSEK 9.2b17.1x21x0.6x
Mon, 16 Jun 2025SEK 219.0bSEK 388.9bSEK 11.4b16.8x19.2x0.6x
Wed, 14 May 2025SEK 224.5bSEK 386.8bSEK 11.0b16.4x20.4x0.6x
Fri, 11 Apr 2025SEK 199.7bSEK 378.3bSEK 10.4b17.3x19.2x0.5x
Sun, 09 Mar 2025SEK 239.2bSEK 378.3bSEK 12.0b19.4x19.9x0.6x
Tue, 04 Feb 2025SEK 226.3bSEK 370.6bSEK 8.8b19.3x25.8x0.6x
Thu, 02 Jan 2025SEK 220.2bSEK 370.6bSEK 8.8b19.6x25.1x0.6x
Sat, 30 Nov 2024SEK 216.4bSEK 370.7bSEK 9.8b19.1x22.2x0.6x
Mon, 28 Oct 2024SEK 214.5bSEK 368.4bSEK 9.6b17.5x22.4x0.6x
Wed, 25 Sep 2024SEK 236.3bSEK 375.0bSEK 10.1b19.9x23.3x0.6x
Fri, 23 Aug 2024SEK 228.7bSEK 377.0bSEK 10.8b20.8x21.2x0.6x
Sun, 21 Jul 2024SEK 234.1bSEK 374.5bSEK 11.6b21.4x20.2x0.6x
Tue, 18 Jun 2024SEK 205.8bSEK 368.4bSEK 11.8b19.3x17.4x0.6x
Thu, 16 May 2024SEK 196.4bSEK 368.3bSEK 11.9b18x16.5x0.5x
Sat, 13 Apr 2024SEK 188.5bSEK 371.4bSEK 13.1b15.8x14.4x0.5x
Mon, 11 Mar 2024SEK 190.0bSEK 371.1bSEK 13.1b13.4x14.5x0.5x
Wed, 07 Feb 2024SEK 183.0bSEK 368.4bSEK 15.0b12.2x12.2x0.5x
Fri, 05 Jan 2024SEK 190.0bSEK 377.8bSEK 15.1b12.4x12.6x0.5x
Sun, 03 Dec 2023SEK 177.7bSEK 377.9bSEK 15.1b10.6x11.8x0.5x
Tue, 31 Oct 2023SEK 158.5bSEK 379.0bSEK 16.4b8.3x9.7x0.4x
Thu, 28 Sep 2023SEK 168.7bSEK 378.3bSEK 15.6b9.6x10.8x0.4x
Sat, 26 Aug 2023SEK 165.0bSEK 377.7bSEK 15.2b13.8x10.8x0.4x
Mon, 24 Jul 2023SEK 179.9bSEK 376.6bSEK 15.3b15.3x11.7x0.5x
Wed, 21 Jun 2023SEK 171.7bSEK 374.5bSEK 14.6b14.9x11.8x0.5x
Fri, 19 May 2023SEK 181.5bSEK 373.6bSEK 14.9b16.3x12.2x0.5x
Sun, 16 Apr 2023SEK 199.6bSEK 366.4bSEK 14.7b17.3x13.6x0.5x
Tue, 14 Mar 2023SEK 194.2bSEK 366.4bSEK 14.8b18.2x13.2x0.5x
Price to Earnings Ratio

13.2x


Total Market Cap: SEK 194.2bTotal Earnings: SEK 14.8bTotal Revenue: SEK 366.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction Industry Price to Earnings3Y Average 17.9x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Construction industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.0x which is higher than its 3-year average PE of 17.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have declined 14% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market-5.13%
Industrials-6.79%
Construction-4.46%
Construction and Engineering-4.46%
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
BYGGP ByggPartner GruppenSEK 45.001.8%
+SEK 36.3m		156.4%PE16.2x
DOXA DoxaSEK 0.441.2%
+SEK 6.4m		15.2%PS27.8x

Latest News

SWEC B
SEK 141.20
Sweco
7D
-2.4%
1Y
-26.3%
NCC B
SEK 213.00
NCC
7D
-3.4%
1Y
10.9%
DOXA
SEK 0.44
Doxa
7D
1.2%
1Y
15.2%
QBEN
SEK 8.70
Qben Infra
7D
-10.9%
1Y
-28.1%
SKA B
SEK 261.50
Skanska
7D
-5.9%
1Y
3.9%

SKA B: Refined Assumptions And New Projects Will Shape Future Margins

The analyst price target for Skanska has been adjusted from SEK 269 to about SEK 273. Analysts cited updated assumptions on fair value, discount rate, revenue growth, profit margins and future P/E following recent research where the target was raised by SEK 1.
INSTAL
SEK 32.54
Instalco
7D
-7.7%
1Y
-7.3%

INSTAL: Lower Discount Rate And Richer P/E Will Support Future Repricing

Analysts have raised their Instalco price target from SEK 40 to SEK 42.5, citing updated assumptions that include a revised discount rate, new revenue growth and profit margin forecasts, as well as a different future P/E multiple. What's in the News Instalco AB (publ) announced an annual dividend of SEK 0.5000 per share, payable on May 12, 2026, with an ex date of May 06, 2026 and a record date of May 07, 2026 (Key Developments).
BYGGP
SEK 45.00
ByggPartner Gruppen
7D
1.8%
1Y
156.4%
NYAB
SEK 5.93
Nyab
7D
-5.1%
1Y
14.5%

Analysts Have Made A Financial Statement On Nyab AB (publ)'s (STO:NYAB) Yearly Report

Feb 15
Analysts Have Made A Financial Statement On Nyab AB (publ)'s (STO:NYAB) Yearly Report
VESTUM
SEK 9.59
Vestum
7D
-2.8%
1Y
6.0%
PEAB B
SEK 102.80
Peab
7D
-3.2%
1Y
27.7%