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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedMar 31, 2026
DataAggregated Company Financials
Companies18
  • 7D0.8%
  • 3M-3.5%
  • 1Y0.3%
  • YTDn/a

In the last week, the Construction and Engineering industry is flat overall, with NCC standing out by going down 3.3%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Mar 2026SEK 222.7bSEK 381.4bSEK 9.4b19.5x23.6x0.6x
Thu, 26 Feb 2026SEK 245.2bSEK 380.9bSEK 8.4b21.8x29.1x0.6x
Sat, 24 Jan 2026SEK 237.2bSEK 389.0bSEK 11.3b18.7x21x0.6x
Mon, 22 Dec 2025SEK 227.6bSEK 389.4bSEK 11.3b18.2x20.1x0.6x
Wed, 19 Nov 2025SEK 221.1bSEK 389.4bSEK 11.3b18.9x19.5x0.6x
Fri, 17 Oct 2025SEK 231.7bSEK 390.9bSEK 10.8b17.6x21.5x0.6x
Sun, 14 Sep 2025SEK 230.5bSEK 390.8bSEK 10.8b16.1x21.3x0.6x
Tue, 12 Aug 2025SEK 198.2bSEK 331.2bSEK 9.2b16.2x21.5x0.6x
Thu, 10 Jul 2025SEK 217.6bSEK 392.3bSEK 11.5b15.9x19x0.6x
Sat, 07 Jun 2025SEK 221.9bSEK 388.9bSEK 11.4b17.6x19.5x0.6x
Mon, 05 May 2025SEK 220.6bSEK 380.2bSEK 10.7b16.8x20.7x0.6x
Wed, 02 Apr 2025SEK 223.5bSEK 378.1bSEK 10.4b18.8x21.4x0.6x
Fri, 28 Feb 2025SEK 240.6bSEK 378.6bSEK 10.8b19.4x22.2x0.6x
Sun, 26 Jan 2025SEK 227.9bSEK 370.6bSEK 8.8b20.3x26x0.6x
Tue, 24 Dec 2024SEK 218.3bSEK 370.6bSEK 8.8b19.5x24.9x0.6x
Thu, 21 Nov 2024SEK 210.2bSEK 370.9bSEK 9.9b17.4x21.2x0.6x
Sat, 19 Oct 2024SEK 234.6bSEK 375.2bSEK 10.1b19.2x23.2x0.6x
Mon, 16 Sep 2024SEK 230.0bSEK 375.1bSEK 10.1b18x22.7x0.6x
Wed, 14 Aug 2024SEK 228.1bSEK 377.2bSEK 11.0b26.7x20.8x0.6x
Fri, 12 Jul 2024SEK 218.2bSEK 371.9bSEK 11.9b19.9x18.3x0.6x
Sun, 09 Jun 2024SEK 203.4bSEK 368.5bSEK 11.8b19.1x17.2x0.6x
Tue, 07 May 2024SEK 191.5bSEK 369.8bSEK 11.9b16.4x16.1x0.5x
Thu, 04 Apr 2024SEK 196.1bSEK 371.4bSEK 13.1b15.9x14.9x0.5x
Sat, 02 Mar 2024SEK 189.1bSEK 371.1bSEK 13.1b14.1x14.4x0.5x
Mon, 29 Jan 2024SEK 185.1bSEK 378.0bSEK 15.1b11x12.3x0.5x
Wed, 27 Dec 2023SEK 191.9bSEK 377.7bSEK 15.1b12x12.7x0.5x
Fri, 24 Nov 2023SEK 173.9bSEK 378.0bSEK 15.1b10x11.5x0.5x
Sun, 22 Oct 2023SEK 158.5bSEK 379.0bSEK 16.1b8.4x9.8x0.4x
Tue, 19 Sep 2023SEK 171.6bSEK 378.6bSEK 15.6b10x11x0.5x
Thu, 17 Aug 2023SEK 170.9bSEK 376.9bSEK 15.3b14.7x11.2x0.5x
Sat, 15 Jul 2023SEK 176.6bSEK 374.0bSEK 15.1b14.8x11.7x0.5x
Mon, 12 Jun 2023SEK 181.3bSEK 374.4bSEK 14.6b15.8x12.4x0.5x
Wed, 10 May 2023SEK 183.3bSEK 371.8bSEK 14.5b14.9x12.6x0.5x
Fri, 07 Apr 2023SEK 190.0bSEK 366.5bSEK 14.7b17.8x12.9x0.5x
Price to Earnings Ratio

12.9x


Total Market Cap: SEK 190.0bTotal Earnings: SEK 14.7bTotal Revenue: SEK 366.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 18.1x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Construction and Engineering industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.4x which is higher than its 3-year average PE of 18.1x.
  • 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 and Engineering 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 Comparison

How does Swedish Construction and Engineering compare with similar industries?

SE Market0.36%
Industrials0.48%
Construction0.83%
Construction and Engineering0.83%
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 247.001.1%
+SEK 1.1b		11.8%PE17.9x
SWEC B SwecoSEK 132.901.7%
+SEK 793.5m		-26.1%PE21.5x
VESTUM VestumSEK 9.3811.5%
+SEK 364.5m		-2.3%PS0.9x
NYAB NyabSEK 5.901.7%
+SEK 71.2m		8.1%PE18x
EOLU B Eolus AktiebolagSEK 36.404.4%
+SEK 38.6m		-30.8%PS0.2x

Latest News

NETEL
SEK 3.84
Netel Holding
7D
0.8%
1Y
-66.6%

NETEL: New Elvia And Global Connect Agreements Will Support Multi Year Upside Potential

Analysts have kept their SEK 4.25 price target for Netel Holding broadly unchanged, citing almost identical assumptions for fair value, discount rate, revenue growth, profit margin and future P/E ratio as the basis for their view. What's in the News New three year service agreement with Global Connect in Norway covering B2B fiber access, LAN installations and fixed wireless access across routers, switches and wireless access points (Key Developments).
NCC B
SEK 201.40
NCC
7D
-1.7%
1Y
5.9%

NCC B: Extra Dividend And Solid Order Book Will Support Balanced Outlook

Analysts have made a small upward adjustment to NCC's target price to SEK 220, reflecting updated assumptions around the discount rate and long-term P/E, without changing the underlying fair value estimate. What's in the News NCC and Norrvatten signed an agreement for the first two stages of a new waterworks in Järfälla.
SWEC B
SEK 132.90
Sweco
7D
1.7%
1Y
-26.1%
VESTUM
SEK 9.38
Vestum
7D
11.5%
1Y
-2.3%
SKA B
SEK 247.00
Skanska
7D
1.1%
1Y
11.8%
FG
SEK 19.24
Fasadgruppen Group
7D
-4.5%
1Y
3.2%

FG: Rights Issue Will Support Future Upside At Upcoming Shareholder Meeting

Analysts have reiterated a SEK 27.0 price target for Fasadgruppen Group, keeping underlying assumptions such as discount rate, revenue growth, profit margin and future P/E essentially unchanged. This signals that their overall view on the stock remains steady.
INSTAL
SEK 30.80
Instalco
7D
0.2%
1Y
0%

INSTAL: Higher Future P/E And Upcoming Dividend Will Support Repricing

Analysts have raised their price target on Instalco from SEK 27 to SEK 33, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as the key drivers of the change. What's in the News Instalco AB (publ) announced an annual dividend of SEK 0.50 per share, with payment scheduled for May 12, 2026 (Key Developments).
QBEN
SEK 8.80
Qben Infra
7D
-2.0%
1Y
-14.1%
TERNOR
SEK 22.20
Terranor Group
7D
-5.5%
1Y
n/a
BYGGP
SEK 41.20
ByggPartner Gruppen
7D
-2.8%
1Y
126.4%
EOLU B
SEK 36.40
Eolus Aktiebolag
7D
4.4%
1Y
-30.8%
ELTEL
SEK 8.28
Eltel
7D
-1.2%
1Y
12.8%
NORB B
SEK 11.35
Nordisk Bergteknik
7D
-3.8%
1Y
3.2%
NYAB
SEK 5.90
Nyab
7D
1.7%
1Y
8.1%

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
SEHED B
SEK 25.60
SEHED Byggmästargruppen
7D
-4.1%
1Y
36.5%

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