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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies18
  • 7D-2.9%
  • 3M1.9%
  • 1Y-3.0%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 2.9%, driven by a pullback from Skanska of 3.0%. The industry has fallen 3.0% in the last year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Mar 2026SEK 229.5bSEK 381.0bSEK 9.4b20.5x24.3x0.6x
Sat, 14 Feb 2026SEK 237.1bSEK 379.6bSEK 9.0b22.3x26.4x0.6x
Mon, 12 Jan 2026SEK 238.6bSEK 389.2bSEK 11.3b18.4x21.1x0.6x
Wed, 10 Dec 2025SEK 229.7bSEK 389.4bSEK 11.3b17.8x20.3x0.6x
Fri, 07 Nov 2025SEK 227.4bSEK 391.1bSEK 11.3b17.1x20.1x0.6x
Sun, 05 Oct 2025SEK 226.2bSEK 390.9bSEK 10.8b16.4x20.9x0.6x
Tue, 02 Sep 2025SEK 220.5bSEK 390.9bSEK 10.8b15.7x20.4x0.6x
Thu, 31 Jul 2025SEK 195.2bSEK 331.2bSEK 9.2b16.6x21.1x0.6x
Sat, 28 Jun 2025SEK 216.5bSEK 389.1bSEK 11.4b16.4x19x0.6x
Mon, 26 May 2025SEK 221.1bSEK 388.7bSEK 11.4b18.3x19.4x0.6x
Wed, 23 Apr 2025SEK 212.4bSEK 380.0bSEK 10.3b16.2x20.5x0.6x
Fri, 21 Mar 2025SEK 237.5bSEK 378.3bSEK 10.4b20.5x22.7x0.6x
Sun, 16 Feb 2025SEK 246.1bSEK 378.3bSEK 10.8b23.3x22.8x0.7x
Tue, 14 Jan 2025SEK 210.9bSEK 370.7bSEK 8.8b17.9x24.1x0.6x
Thu, 12 Dec 2024SEK 226.0bSEK 370.7bSEK 8.8b19.7x25.8x0.6x
Sat, 09 Nov 2024SEK 222.6bSEK 371.0bSEK 9.9b17.2x22.4x0.6x
Mon, 07 Oct 2024SEK 221.5bSEK 367.8bSEK 9.6b19.5x23x0.6x
Wed, 04 Sep 2024SEK 227.6bSEK 375.1bSEK 10.1b19.3x22.5x0.6x
Fri, 02 Aug 2024SEK 231.5bSEK 377.3bSEK 11.0b27x21.1x0.6x
Sun, 30 Jun 2024SEK 212.1bSEK 371.9bSEK 11.9b18.5x17.8x0.6x
Tue, 28 May 2024SEK 208.6bSEK 368.6bSEK 11.8b19.1x17.7x0.6x
Thu, 25 Apr 2024SEK 187.0bSEK 371.5bSEK 12.9b15.4x14.5x0.5x
Sat, 23 Mar 2024SEK 194.9bSEK 371.3bSEK 13.1b14.6x14.8x0.5x
Mon, 19 Feb 2024SEK 183.7bSEK 372.5bSEK 13.4b14.5x13.7x0.5x
Wed, 17 Jan 2024SEK 184.7bSEK 378.0bSEK 15.1b11.2x12.3x0.5x
Fri, 15 Dec 2023SEK 188.8bSEK 377.9bSEK 15.1b11.3x12.5x0.5x
Sun, 12 Nov 2023SEK 162.5bSEK 378.2bSEK 15.0b9.3x10.8x0.4x
Tue, 10 Oct 2023SEK 167.8bSEK 378.3bSEK 15.6b9.7x10.8x0.4x
Thu, 07 Sep 2023SEK 165.8bSEK 378.6bSEK 15.6b11.6x10.7x0.4x
Sat, 05 Aug 2023SEK 176.5bSEK 376.6bSEK 15.3b15x11.5x0.5x
Mon, 03 Jul 2023SEK 176.2bSEK 374.5bSEK 14.6b15.1x12.1x0.5x
Wed, 31 May 2023SEK 178.1bSEK 374.4bSEK 14.6b15.6x12.2x0.5x
Fri, 28 Apr 2023SEK 195.3bSEK 368.8bSEK 15.0b15.7x13x0.5x
Sun, 26 Mar 2023SEK 182.7bSEK 366.3bSEK 14.8b18.1x12.4x0.5x
Price to Earnings Ratio

12.4x


Total Market Cap: SEK 182.7bTotal Earnings: SEK 14.8bTotal Revenue: SEK 366.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 18x202420252026
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 24.3x which is higher than its 3-year average PE of 18.0x.
  • 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 Market-1.79%
Industrials-3.56%
Construction-2.87%
Construction and Engineering-2.87%
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
FG Fasadgruppen GroupSEK 20.104.8%
+SEK 49.5m		0%PS0.2x
EOLU B Eolus AktiebolagSEK 36.553.1%
+SEK 27.4m		-35.4%PS0.2x
SEHED B SEHED ByggmästargruppenSEK 27.001.9%
+SEK 14.0m		45.9%PE11.4x
DOXA DoxaSEK 0.451.5%
+SEK 8.4m		5.9%PS28.2x
NETEL Netel HoldingSEK 3.923.4%
+SEK 6.3m		-68.3%PS0.07x

Latest News

VESTUM
SEK 8.63
Vestum
7D
-7.5%
1Y
-14.4%
NETEL
SEK 3.92
Netel Holding
7D
3.4%
1Y
-68.3%

NETEL: New Elvia Framework Agreements In Oslo Will Support Bullish Multi Year Outlook

Analysts have kept their SEK price target on Netel Holding effectively unchanged at around SEK 4.25, citing largely steady assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Signed a new three year service agreement with Global Connect in Norway, covering B2B fiber access, LAN installations with routers, switches and wireless access points, as well as fixed wireless access services (Key Developments).
SWEC B
SEK 136.30
Sweco
7D
-2.6%
1Y
-28.6%
SKA B
SEK 257.00
Skanska
7D
-1.6%
1Y
5.2%
FG
SEK 20.10
Fasadgruppen Group
7D
4.8%
1Y
0%

FG: Rights Issue And Governance Changes Will Support Future Upside

Analysts have maintained their price target for Fasadgruppen Group at SEK 27, reflecting unchanged assumptions around discount rate, revenue growth, profit margin and future P/E, and indicating that their overall valuation view remains consistent. What's in the News An extraordinary shareholders meeting is scheduled for March 6, 2026, at 09:30 W.
NCC B
SEK 211.00
NCC
7D
-0.4%
1Y
8.4%

NCC B: Extra Dividend And New Contracts Will Support Balanced Outlook

Analysts have kept their SEK 220 price target for NCC unchanged, pointing to only marginal tweaks in the discount rate, revenue growth, profit margin and future P/E assumptions, rather than any shift in their core view. What's in the News NCC has been commissioned by the Swedish Transport Administration to upgrade the E4 expressway between Hornefors and Stocksjo.
INSTAL
SEK 32.30
Instalco
7D
-1.9%
1Y
-4.9%

INSTAL: Lower Discount Rate And Dividend Reset Will Support Future Repricing

Analysts have nudged their price target on Instalco slightly higher to SEK42.50. This reflects refreshed assumptions around discount rate, revenue growth, profit margin and future P/E that keep their valuation view broadly unchanged in SEK terms.
DOXA
SEK 0.45
Doxa
7D
1.5%
1Y
5.9%
BYGGP
SEK 44.00
ByggPartner Gruppen
7D
-2.2%
1Y
131.0%
EOLU B
SEK 36.55
Eolus Aktiebolag
7D
3.1%
1Y
-35.4%
ELTEL
SEK 8.50
Eltel
7D
0.5%
1Y
14.9%
NYAB
SEK 5.84
Nyab
7D
-1.4%
1Y
-0.7%

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 27.00
SEHED Byggmästargruppen
7D
1.9%
1Y
45.9%

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
PEAB B
SEK 99.60
Peab
7D
-1.1%
1Y
24.3%