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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies18
  • 7D-2.0%
  • 3M4.5%
  • 1Y-0.2%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 3.5%, driven by a pullback from Skanska of 1.6%. In contrast, Doxa has gained 8.0%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026SEK 240.2bSEK 380.9bSEK 9.4b21.8x25.5x0.6x
Sat, 31 Jan 2026SEK 238.0bSEK 389.0bSEK 11.3b18.5x21x0.6x
Mon, 29 Dec 2025SEK 228.2bSEK 389.3bSEK 11.3b18.3x20.2x0.6x
Wed, 26 Nov 2025SEK 228.1bSEK 389.6bSEK 11.3b18.9x20.2x0.6x
Fri, 24 Oct 2025SEK 234.6bSEK 390.8bSEK 10.8b17.7x21.7x0.6x
Sun, 21 Sep 2025SEK 226.0bSEK 391.0bSEK 10.8b16x20.9x0.6x
Tue, 19 Aug 2025SEK 199.4bSEK 332.0bSEK 9.2b16.9x21.6x0.6x
Thu, 17 Jul 2025SEK 191.0bSEK 330.5bSEK 9.4b17.1x20.4x0.6x
Sat, 14 Jun 2025SEK 219.1bSEK 388.9bSEK 11.4b16.8x19.2x0.6x
Mon, 12 May 2025SEK 219.4bSEK 386.9bSEK 11.0b15.9x20x0.6x
Wed, 09 Apr 2025SEK 199.1bSEK 378.3bSEK 10.4b17.7x19.1x0.5x
Fri, 07 Mar 2025SEK 237.7bSEK 378.3bSEK 12.0b19.4x19.8x0.6x
Sun, 02 Feb 2025SEK 226.3bSEK 370.6bSEK 8.8b19.1x25.8x0.6x
Tue, 31 Dec 2024SEK 220.2bSEK 370.6bSEK 8.8b19.6x25.1x0.6x
Thu, 28 Nov 2024SEK 212.0bSEK 370.7bSEK 9.8b18.6x21.7x0.6x
Sat, 26 Oct 2024SEK 214.5bSEK 368.2bSEK 9.6b17.5x22.4x0.6x
Mon, 23 Sep 2024SEK 233.7bSEK 375.1bSEK 10.1b19.7x23.1x0.6x
Wed, 21 Aug 2024SEK 228.8bSEK 377.0bSEK 10.8b21.8x21.2x0.6x
Fri, 19 Jul 2024SEK 232.6bSEK 374.4bSEK 11.6b20.7x20.1x0.6x
Sun, 16 Jun 2024SEK 204.6bSEK 368.4bSEK 11.8b18.4x17.3x0.6x
Tue, 14 May 2024SEK 194.0bSEK 368.4bSEK 11.7b17.6x16.6x0.5x
Thu, 11 Apr 2024SEK 189.7bSEK 371.4bSEK 13.1b15.8x14.5x0.5x
Sat, 09 Mar 2024SEK 190.0bSEK 371.1bSEK 13.1b13.4x14.5x0.5x
Mon, 05 Feb 2024SEK 185.3bSEK 377.7bSEK 14.7b12.3x12.6x0.5x
Wed, 03 Jan 2024SEK 194.0bSEK 377.8bSEK 15.1b12.4x12.9x0.5x
Fri, 01 Dec 2023SEK 176.2bSEK 378.0bSEK 15.1b10.5x11.7x0.5x
Sun, 29 Oct 2023SEK 158.1bSEK 379.0bSEK 16.4b8.3x9.6x0.4x
Tue, 26 Sep 2023SEK 169.7bSEK 378.4bSEK 15.6b9.7x10.9x0.4x
Thu, 24 Aug 2023SEK 165.7bSEK 377.6bSEK 15.2b13.4x10.9x0.4x
Sat, 22 Jul 2023SEK 179.9bSEK 376.6bSEK 15.3b15.3x11.7x0.5x
Mon, 19 Jun 2023SEK 176.4bSEK 374.4bSEK 14.6b15.5x12.1x0.5x
Wed, 17 May 2023SEK 181.9bSEK 373.6bSEK 14.9b16.6x12.2x0.5x
Fri, 14 Apr 2023SEK 196.9bSEK 366.4bSEK 14.7b17.5x13.4x0.5x
Sun, 12 Mar 2023SEK 198.1bSEK 366.4bSEK 14.8b18.5x13.4x0.5x
Price to Earnings Ratio

13.4x


Total Market Cap: SEK 198.1bTotal Earnings: SEK 14.8bTotal Revenue: SEK 366.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 17.9x202420252026
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 28.1x 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 and Engineering industry have declined 17% 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 Market-2.22%
Industrials-3.13%
Construction-1.96%
Construction and Engineering-1.96%
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
DOXA DoxaSEK 0.438.0%
+SEK 41.1m		8.9%PS27.2x
SEHED B SEHED ByggmästargruppenSEK 26.003.6%
+SEK 25.3m		36.5%PE10.9x
FG Fasadgruppen GroupSEK 22.651.1%
+SEK 13.5m		13.0%PS0.2x
EOLU B Eolus AktiebolagSEK 35.750.6%
+SEK 5.0m		-35.4%PS0.2x
NETEL Netel HoldingSEK 3.810.9%
+SEK 1.7m		-68.1%PS0.06x

Latest News

NCC B
SEK 216.60
NCC
7D
-3.8%
1Y
11.2%
DOXA
SEK 0.43
Doxa
7D
8.0%
1Y
8.9%
QBEN
SEK 8.98
Qben Infra
7D
-10.2%
1Y
-21.2%
NETEL
SEK 3.81
Netel Holding
7D
0.9%
1Y
-68.1%

NETEL: Elvia Agreements And Norway Contracts Will Shape Balanced Multi Year Outlook

Analysts have adjusted their price target for Netel Holding to SEK 4.25, reflecting updated assumptions for revenue, profit margin and future P/E that are now more closely aligned with their current fair value estimate. 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 within its B2B segment (Key Developments).
FG
SEK 22.65
Fasadgruppen Group
7D
1.1%
1Y
13.0%

FG: Rights Offering And Governance Changes Will Still Support Future Upside

Analysts have maintained their price target on Fasadgruppen Group at SEK27.0. This reflects largely unchanged views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Fasadgruppen Group AB has called a special or extraordinary shareholders meeting for March 6, 2026, at 09:30 W.
SKA B
SEK 270.10
Skanska
7D
-1.6%
1Y
7.0%

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 33.30
Instalco
7D
-9.2%
1Y
-2.9%

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).
SWEC B
SEK 140.00
Sweco
7D
-1.6%
1Y
-26.2%

Solid Earnings Reflect Sweco's (STO:SWEC B) Strength As A Business

Feb 19
Solid Earnings Reflect Sweco's (STO:SWEC B) Strength As A Business
EOLU B
SEK 35.75
Eolus Aktiebolag
7D
0.6%
1Y
-35.4%
NORB B
SEK 12.65
Nordisk Bergteknik
7D
-5.9%
1Y
1.2%
NYAB
SEK 6.06
Nyab
7D
-1.9%
1Y
18.6%

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 26.00
SEHED Byggmästargruppen
7D
3.6%
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
VESTUM
SEK 9.27
Vestum
7D
-4.0%
1Y
0.1%