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Swedish (OMX) Construction Industry Analysis

UpdatedApr 24, 2026
DataAggregated Company Financials
Companies18
  • 7D-1.1%
  • 3M-1.1%
  • 1Y8.5%
  • YTD0.9%

Over the last 7 days, the Construction industry has dropped 1.1%, driven by a pullback from Sweco of 2.6%. In the past year, the industry has gained 8.5%. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 Apr 2026SEK 234.3bSEK 381.2bSEK 9.4b19.9x24.9x0.6x
Sun, 22 Mar 2026SEK 220.4bSEK 381.2bSEK 9.4b19.6x23.4x0.6x
Tue, 17 Feb 2026SEK 236.2bSEK 379.8bSEK 9.0b22.2x26.2x0.6x
Thu, 15 Jan 2026SEK 238.3bSEK 389.2bSEK 11.3b18.7x21.1x0.6x
Sat, 13 Dec 2025SEK 227.5bSEK 389.5bSEK 11.3b18.1x20.1x0.6x
Mon, 10 Nov 2025SEK 223.2bSEK 389.0bSEK 11.3b17.3x19.7x0.6x
Wed, 08 Oct 2025SEK 235.4bSEK 390.9bSEK 10.8b17.5x21.8x0.6x
Fri, 05 Sep 2025SEK 218.7bSEK 390.9bSEK 10.8b15.5x20.2x0.6x
Sun, 03 Aug 2025SEK 191.2bSEK 331.2bSEK 9.2b16.7x20.7x0.6x
Tue, 01 Jul 2025SEK 213.5bSEK 389.1bSEK 11.4b17.1x18.7x0.5x
Thu, 29 May 2025SEK 221.8bSEK 388.8bSEK 11.4b17.8x19.4x0.6x
Sat, 26 Apr 2025SEK 218.3bSEK 380.1bSEK 10.3b16x21.1x0.6x
Mon, 24 Mar 2025SEK 235.1bSEK 378.3bSEK 10.4b20x22.5x0.6x
Wed, 19 Feb 2025SEK 244.9bSEK 378.2bSEK 10.7b22.9x22.8x0.6x
Fri, 17 Jan 2025SEK 220.1bSEK 370.6bSEK 8.8b18.1x25.1x0.6x
Sun, 15 Dec 2024SEK 227.1bSEK 370.7bSEK 8.8b19.8x25.9x0.6x
Tue, 12 Nov 2024SEK 225.4bSEK 370.9bSEK 9.9b17.2x22.7x0.6x
Thu, 10 Oct 2024SEK 222.2bSEK 367.8bSEK 9.6b19.1x23x0.6x
Sat, 07 Sep 2024SEK 223.6bSEK 375.2bSEK 10.1b18.7x22.1x0.6x
Mon, 05 Aug 2024SEK 225.6bSEK 377.3bSEK 11.0b26.7x20.6x0.6x
Wed, 03 Jul 2024SEK 213.3bSEK 371.9bSEK 11.9b18.4x17.9x0.6x
Fri, 31 May 2024SEK 205.8bSEK 368.6bSEK 11.8b18.3x17.4x0.6x
Sun, 28 Apr 2024SEK 186.7bSEK 370.9bSEK 12.5b15.7x14.9x0.5x
Tue, 26 Mar 2024SEK 195.0bSEK 371.3bSEK 13.1b15x14.8x0.5x
Thu, 22 Feb 2024SEK 181.5bSEK 371.7bSEK 13.4b13.6x13.5x0.5x
Sat, 20 Jan 2024SEK 177.6bSEK 378.0bSEK 15.1b10.7x11.8x0.5x
Mon, 18 Dec 2023SEK 189.2bSEK 377.8bSEK 15.1b11.3x12.6x0.5x
Wed, 15 Nov 2023SEK 170.8bSEK 378.1bSEK 15.1b9.4x11.3x0.5x
Fri, 13 Oct 2023SEK 170.1bSEK 378.3bSEK 15.6b9.1x10.9x0.4x
Sun, 10 Sep 2023SEK 164.7bSEK 378.5bSEK 15.6b10.6x10.6x0.4x
Tue, 08 Aug 2023SEK 174.2bSEK 376.6bSEK 15.3b14.6x11.4x0.5x
Thu, 06 Jul 2023SEK 177.0bSEK 374.6bSEK 14.6b15.1x12.1x0.5x
Sat, 03 Jun 2023SEK 181.0bSEK 374.4bSEK 14.6b16.1x12.4x0.5x
Mon, 01 May 2023SEK 199.1bSEK 368.5bSEK 15.0b15.6x13.3x0.5x
Price to Earnings Ratio

13.3x


Total Market Cap: SEK 199.1bTotal Earnings: SEK 15.0bTotal Revenue: SEK 368.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction Industry Price to Earnings3Y Average 18.4x202420252026
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 24.9x which is higher than its 3-year average PE of 18.4x.
  • 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-0.30%
Industrials0.48%
Construction-1.08%
Construction and Engineering-1.08%
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
SKA B SkanskaSEK 253.300.3%
+SEK 289.8m		19.1%PE18.4x
VESTUM VestumSEK 10.104.8%
+SEK 172.9m		-4.0%PS1x
INSTAL InstalcoSEK 36.820.4%
+SEK 37.6m		16.6%PE28.7x
SEHED B SEHED ByggmästargruppenSEK 26.703.5%
+SEK 25.3m		34.8%PE10.1x
DOXA DoxaSEK 0.452.9%
+SEK 16.1m		31.7%PS15.8x

Latest News

PEAB B
SEK 95.95
Peab
7D
-3.8%
1Y
25.3%
SWEC B
SEK 144.50
Sweco
7D
-2.6%
1Y
-16.9%
NYAB
SEK 6.19
Nyab
7D
-1.0%
1Y
15.9%
DOXA
SEK 0.45
Doxa
7D
2.9%
1Y
31.7%
FG
SEK 20.20
Fasadgruppen Group
7D
-7.1%
1Y
5.5%
SKA B
SEK 253.30
Skanska
7D
0.3%
1Y
19.1%
INSTAL
SEK 36.82
Instalco
7D
0.4%
1Y
16.6%

INSTAL: New Leadership And Dividend Policy Will Support Measured Future Repricing

Analysts have adjusted their price target on Instalco from SEK 33 to SEK 38, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples in their valuation work. What's in the News Instalco appointed founder Per Sjöstrand as permanent CEO on March 19, 2026, after he had been acting President and CEO since August 1, 2025 (Key Developments).
NCC B
SEK 220.60
NCC
7D
-2.0%
1Y
17.1%
NETEL
SEK 4.08
Netel Holding
7D
-6.3%
1Y
-63.8%
ELTEL
SEK 9.60
Eltel
7D
-0.8%
1Y
39.1%
VESTUM
SEK 10.10
Vestum
7D
4.8%
1Y
-4.0%
QBEN
SEK 9.92
Qben Infra
7D
-3.7%
1Y
0%
TERNOR
SEK 23.40
Terranor Group
7D
1.7%
1Y
n/a
EOLU B
SEK 39.35
Eolus Aktiebolag
7D
0.9%
1Y
-20.9%
SEHED B
SEK 26.70
SEHED Byggmästargruppen
7D
3.5%
1Y
34.8%

Under The Bonnet, SEHED Byggmästargruppen's (NGM:SEHED B) Returns Look Impressive

Feb 15
Under The Bonnet, SEHED Byggmästargruppen's (NGM:SEHED B) Returns Look Impressive