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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedNov 23, 2025
DataAggregated Company Financials
Companies18
  • 7D-3.2%
  • 3M-3.5%
  • 1Y2.6%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 3.2%, driven by a pullback from Skanska of 3.9%. On the other hand ByggPartner Gruppen is actually up 13%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Nov 2025SEK 221.0bSEK 389.6bSEK 11.3b19.9x19.6x0.6x
Tue, 21 Oct 2025SEK 231.5bSEK 390.9bSEK 10.8b17.6x21.4x0.6x
Thu, 18 Sep 2025SEK 227.7bSEK 390.9bSEK 10.8b15.8x21.1x0.6x
Sat, 16 Aug 2025SEK 203.9bSEK 332.0bSEK 9.2b17.3x22x0.6x
Mon, 14 Jul 2025SEK 218.3bSEK 392.2bSEK 11.5b15.9x19x0.6x
Wed, 11 Jun 2025SEK 222.0bSEK 388.9bSEK 11.4b18.4x19.5x0.6x
Fri, 09 May 2025SEK 219.2bSEK 386.9bSEK 11.0b16.7x20x0.6x
Sun, 06 Apr 2025SEK 208.1bSEK 378.3bSEK 10.4b17.5x20x0.6x
Tue, 04 Mar 2025SEK 239.5bSEK 378.4bSEK 10.8b19.2x22.1x0.6x
Thu, 30 Jan 2025SEK 224.2bSEK 370.6bSEK 8.8b19.5x25.6x0.6x
Sat, 28 Dec 2024SEK 219.3bSEK 370.6bSEK 8.8b19.5x25x0.6x
Mon, 25 Nov 2024SEK 212.6bSEK 370.6bSEK 9.8b18.5x21.8x0.6x
Wed, 23 Oct 2024SEK 231.2bSEK 375.1bSEK 10.1b18.8x22.8x0.6x
Fri, 20 Sep 2024SEK 234.4bSEK 375.1bSEK 10.1b19.7x23.2x0.6x
Sun, 18 Aug 2024SEK 227.6bSEK 377.0bSEK 10.8b21.5x21x0.6x
Tue, 16 Jul 2024SEK 222.3bSEK 372.2bSEK 11.9b20.4x18.6x0.6x
Thu, 13 Jun 2024SEK 205.7bSEK 368.3bSEK 11.8b18.7x17.4x0.6x
Sat, 11 May 2024SEK 191.4bSEK 368.4bSEK 11.7b16.8x16.4x0.5x
Mon, 08 Apr 2024SEK 193.8bSEK 371.4bSEK 13.1b15.8x14.8x0.5x
Wed, 06 Mar 2024SEK 186.5bSEK 371.2bSEK 13.1b13.8x14.2x0.5x
Fri, 02 Feb 2024SEK 186.7bSEK 377.5bSEK 15.1b12.5x12.4x0.5x
Sun, 31 Dec 2023SEK 193.9bSEK 377.8bSEK 15.1b12.5x12.9x0.5x
Tue, 28 Nov 2023SEK 174.0bSEK 378.0bSEK 15.1b10.4x11.6x0.5x
Thu, 26 Oct 2023SEK 153.4bSEK 378.4bSEK 16.1b8.1x9.5x0.4x
Sat, 23 Sep 2023SEK 170.3bSEK 378.5bSEK 15.6b10.3x10.9x0.4x
Mon, 21 Aug 2023SEK 167.1bSEK 376.9bSEK 15.3b13.8x11x0.4x
Wed, 19 Jul 2023SEK 178.7bSEK 374.0bSEK 15.1b14.9x11.8x0.5x
Fri, 16 Jun 2023SEK 179.8bSEK 374.4bSEK 14.6b15.5x12.3x0.5x
Sun, 14 May 2023SEK 184.6bSEK 373.5bSEK 14.9b16.9x12.4x0.5x
Tue, 11 Apr 2023SEK 190.1bSEK 366.5bSEK 14.7b17.8x12.9x0.5x
Thu, 09 Mar 2023SEK 204.0bSEK 366.3bSEK 14.8b18.5x13.8x0.6x
Sat, 04 Feb 2023SEK 208.7bSEK 361.7bSEK 14.1b19.4x14.8x0.6x
Mon, 02 Jan 2023SEK 187.9bSEK 361.5bSEK 14.2b19.3x13.2x0.5x
Wed, 30 Nov 2022SEK 188.2bSEK 361.9bSEK 14.3b18x13.2x0.5x
Price to Earnings Ratio

13.2x


Total Market Cap: SEK 188.2bTotal Earnings: SEK 14.3bTotal Revenue: SEK 361.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 17.1x202320242025
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 19.7x which is higher than its 3-year average PE of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
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-2.45%
Industrials-2.47%
Construction-3.17%
Construction and Engineering-3.17%
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 42.0013.2%
+SEK 222.2m		160.9%PE19.9x
VESTUM VestumSEK 8.191.7%
+SEK 52.6m		-17.9%PS0.8x
TRAIN B Train AllianceSEK 19.401.6%
+SEK 26.3m		0.3%PE44.7x
ELTEL EltelSEK 8.740.7%
+SEK 9.4m		32.4%PE1245.9x

Latest News

EOLU B
SEK 35.80
Eolus Aktiebolag
7D
-12.0%
1Y
-22.2%

Analysts Have Been Trimming Their Eolus Aktiebolag (publ) (STO:EOLU B) Price Target After Its Latest Report

Nov 23
Analysts Have Been Trimming Their Eolus Aktiebolag (publ) (STO:EOLU B) Price Target After Its Latest Report
SKA B
SEK 239.70
Skanska
7D
-3.9%
1Y
8.8%

SKA B: Major Project Pipeline Will Strengthen Performance And Margins Ahead

Narrative Update on Skanska: Analyst Price Target Change Analysts have raised Skanska's price target to SEK 270 from SEK 252, citing improved revenue growth and profit margin forecasts. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the improved price target reflects confidence in Skanska's stronger revenue growth trajectory.
BYGGP
SEK 42.00
ByggPartner Gruppen
7D
13.2%
1Y
160.9%

Statutory Profit Doesn't Reflect How Good ByggPartner Gruppen's (STO:BYGGP) Earnings Are

Nov 21
Statutory Profit Doesn't Reflect How Good ByggPartner Gruppen's (STO:BYGGP) Earnings Are
NCC B
SEK 206.60
NCC
7D
-2.0%
1Y
28.8%

NCC B: Project Pipeline and Stable Metrics Will Support Steady Performance

Analysts have slightly raised their price target for NCC to $227.50. They cite minor shifts in discount rate and future earnings expectations while maintaining previous assessments of fair value and growth.
SWEC B
SEK 155.60
Sweco
7D
-4.0%
1Y
-3.9%

SWEC B: Major Infrastructure Agreements Will Drive Long-Term Earnings Momentum

Analysts have raised their price target for Sweco from 189 SEK to 197 SEK. They cite improved projections for revenue growth and profit margins, despite a slightly higher discount rate and forward price-to-earnings expectations.
FG
SEK 24.50
Fasadgruppen Group
7D
-8.9%
1Y
-39.1%

FG: Future Profit Margin Expansion Will Drive Shares Higher

Analysts have lowered the fair value estimate for Fasadgruppen Group from SEK 48 to SEK 43. They cite projections for slower revenue growth and updated discount rate assumptions as primary factors in their revised outlook.
ELTEL
SEK 8.74
Eltel
7D
0.7%
1Y
32.4%
TRAIN B
SEK 19.40
Train Alliance
7D
1.6%
1Y
0.3%

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)
NYAB
SEK 5.83
Nyab
7D
-2.7%
1Y
8.2%

Investors Continue Waiting On Sidelines For Nyab AB (publ) (STO:NYAB)

Nov 06
Investors Continue Waiting On Sidelines For Nyab AB (publ) (STO:NYAB)
PEAB B
SEK 75.65
Peab
7D
-0.9%
1Y
-6.7%

Peab's (STO:PEAB B) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 02
Peab's (STO:PEAB B) Shareholders May Want To Dig Deeper Than Statutory Profit
INSTAL
SEK 22.42
Instalco
7D
-1.2%
1Y
-26.8%
VESTUM
SEK 8.19
Vestum
7D
1.7%
1Y
-17.9%