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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies18
  • 7D-2.2%
  • 3M0.5%
  • 1Y3.2%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 1.4%, driven by Sweco declining 2.8%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 05 Mar 2023SEK 204.2bSEK 366.3bSEK 14.8b18.2x13.8x0.6x
Tue, 31 Jan 2023SEK 202.8bSEK 361.6bSEK 14.2b18.8x14.2x0.6x
Price to Earnings Ratio

14.2x


Total Market Cap: SEK 202.8bTotal Earnings: SEK 14.2bTotal Revenue: SEK 361.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 17.4x202420252026
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 21.0x which is higher than its 3-year average PE of 17.4x.
  • 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 and Engineering industry have declined 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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 Comparison

How does Swedish Construction and Engineering compare with similar industries?

SE Market-1.18%
Industrials-1.05%
Construction-2.20%
Construction and Engineering-2.20%
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
TRAIN B Train AllianceSEK 19.901.8%
+SEK 30.6m		5.0%PE45.9x
SEHED B SEHED ByggmästargruppenSEK 22.103.3%
+SEK 19.6m		n/aPE9.3x

Latest News

PEAB B
SEK 88.00
Peab
7D
-1.3%
1Y
11.2%
INSTAL
SEK 26.08
Instalco
7D
-1.4%
1Y
-11.8%

INSTAL: Higher Future P E Assumptions Will Support Long Term Upside

Analysts have kept their price target on Instalco steady at SEK34.00, citing only minor tweaks to their models around discount rate, revenue growth, profit margin and future P/E assumptions, rather than any clear shift in their overall view. Valuation Changes Fair Value: Kept unchanged at SEK34.00 per share.
NCC B
SEK 225.80
NCC
7D
-1.8%
1Y
25.4%
VESTUM
SEK 7.99
Vestum
7D
-2.6%
1Y
-27.4%
SWEC B
SEK 147.10
Sweco
7D
-2.1%
1Y
-14.8%

Sweco AB (publ) (STO:SWEC B) Investors Are Less Pessimistic Than Expected

Jan 19
Sweco AB (publ) (STO:SWEC B) Investors Are Less Pessimistic Than Expected
NYAB
SEK 5.99
Nyab
7D
-1.5%
1Y
20.5%
FG
SEK 28.35
Fasadgruppen Group
7D
-5.2%
1Y
-29.4%

FG: Stable Assumptions And Discounted Earnings Will Support Future Share Upside

Analysts have maintained their price target for Fasadgruppen Group at SEK 43, reflecting unchanged assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News The buyback program from April 1, 2025 to June 30, 2025 shows 0 shares repurchased for SEK 0 million.
SKA B
SEK 270.00
Skanska
7D
-2.7%
1Y
10.3%

SKA B: Fair Outlook Will Rely On Execution In Major Infrastructure Projects

Analysts have nudged their fair value estimate for Skanska to SEK 295 from SEK 285, citing updated assumptions on revenue growth, profit margins and a more conservative future P/E multiple that aligns with recent Street target moves, such as the shift to SEK 270. Analyst Commentary Recent Street commentary around Skanska has tilted more constructive, with price targets moving higher and fair value work edging up in tandem.
TRAIN B
SEK 19.90
Train Alliance
7D
1.8%
1Y
5.0%

Weak Statutory Earnings May Not Tell The Whole Story For Train Alliance (STO:TRAIN B)

Nov 09
Weak Statutory Earnings May Not Tell The Whole Story For Train Alliance (STO:TRAIN B)
SEHED B
SEK 22.10
SEHED Byggmästargruppen
7D
3.3%
1Y
n/a

Solid Earnings May Not Tell The Whole Story For SEHED Byggmästargruppen (NGM:SEHED B)

Aug 29
Solid Earnings May Not Tell The Whole Story For SEHED Byggmästargruppen (NGM:SEHED B)