Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies18
  • 7D-5.7%
  • 3M0.4%
  • 1Y-1.6%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 5.7%, driven by a pullback from Skanska of 1.0%. As for the longer term, the industry's performance has been flat for the past year. 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
Wed, 11 Mar 2026SEK 230.5bSEK 380.9bSEK 9.4b20.5x24.4x0.6x
Fri, 06 Feb 2026SEK 241.8bSEK 389.3bSEK 10.9b20.6x22.2x0.6x
Sun, 04 Jan 2026SEK 232.5bSEK 389.3bSEK 11.3b18.3x20.6x0.6x
Tue, 02 Dec 2025SEK 226.1bSEK 389.6bSEK 11.3b17.5x20x0.6x
Thu, 30 Oct 2025SEK 239.4bSEK 389.9bSEK 11.2b19.1x21.4x0.6x
Sat, 27 Sep 2025SEK 222.3bSEK 390.9bSEK 10.8b16x20.6x0.6x
Mon, 25 Aug 2025SEK 228.8bSEK 390.7bSEK 10.8b15.1x21.1x0.6x
Wed, 23 Jul 2025SEK 190.6bSEK 331.4bSEK 9.2b17.2x20.7x0.6x
Fri, 20 Jun 2025SEK 212.1bSEK 389.0bSEK 11.4b18.2x18.6x0.5x
Sun, 18 May 2025SEK 225.5bSEK 388.9bSEK 11.1b17.4x20.3x0.6x
Tue, 15 Apr 2025SEK 207.1bSEK 380.2bSEK 10.5b15.1x19.7x0.5x
Thu, 13 Mar 2025SEK 230.6bSEK 378.3bSEK 12.0b19.1x19.2x0.6x
Sat, 08 Feb 2025SEK 241.5bSEK 374.6bSEK 10.5b18.9x22.9x0.6x
Mon, 06 Jan 2025SEK 223.3bSEK 370.6bSEK 8.8b19.8x25.5x0.6x
Wed, 04 Dec 2024SEK 221.5bSEK 370.7bSEK 8.8b19.5x25.3x0.6x
Fri, 01 Nov 2024SEK 220.3bSEK 368.8bSEK 9.7b17.4x22.8x0.6x
Sun, 29 Sep 2024SEK 218.5bSEK 367.7bSEK 9.7b18.8x22.6x0.6x
Tue, 27 Aug 2024SEK 227.3bSEK 376.8bSEK 10.8b19.5x21x0.6x
Thu, 25 Jul 2024SEK 234.8bSEK 377.3bSEK 11.3b21.1x20.7x0.6x
Sat, 22 Jun 2024SEK 210.7bSEK 368.4bSEK 11.8b18.4x17.8x0.6x
Mon, 20 May 2024SEK 203.9bSEK 368.7bSEK 11.8b18.2x17.3x0.6x
Wed, 17 Apr 2024SEK 188.0bSEK 371.5bSEK 12.9b15.9x14.6x0.5x
Fri, 15 Mar 2024SEK 192.2bSEK 371.1bSEK 13.1b14.1x14.6x0.5x
Sun, 11 Feb 2024SEK 181.4bSEK 373.2bSEK 13.3b12.9x13.6x0.5x
Tue, 09 Jan 2024SEK 190.7bSEK 377.8bSEK 15.1b12.2x12.7x0.5x
Thu, 07 Dec 2023SEK 181.0bSEK 377.9bSEK 15.1b10.8x12x0.5x
Sat, 04 Nov 2023SEK 162.0bSEK 378.1bSEK 15.1b9.5x10.7x0.4x
Mon, 02 Oct 2023SEK 172.1bSEK 378.2bSEK 15.6b10.7x11x0.5x
Wed, 30 Aug 2023SEK 168.5bSEK 378.4bSEK 15.6b12.4x10.8x0.4x
Fri, 28 Jul 2023SEK 181.7bSEK 376.5bSEK 15.3b15.9x11.8x0.5x
Sun, 25 Jun 2023SEK 170.7bSEK 374.4bSEK 14.6b15.2x11.7x0.5x
Tue, 23 May 2023SEK 184.0bSEK 373.7bSEK 14.9b16.2x12.4x0.5x
Thu, 20 Apr 2023SEK 197.6bSEK 366.4bSEK 14.7b16.4x13.4x0.5x
Sat, 18 Mar 2023SEK 190.2bSEK 366.2bSEK 14.8b18.5x12.9x0.5x
Price to Earnings Ratio

12.9x


Total Market Cap: SEK 190.2bTotal Earnings: SEK 14.8bTotal Revenue: SEK 366.2bTotal 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 24.4x 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 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-4.91%
Industrials-6.97%
Construction-5.71%
Construction and Engineering-5.71%
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
SWEC B SwecoSEK 140.001.4%
+SEK 685.3m		-24.1%PE22.7x
NCC B NCCSEK 214.201.3%
+SEK 273.8m		13.8%PE147.5x
BYGGP ByggPartner GruppenSEK 45.905.5%
+SEK 108.8m		155.0%PE16.5x
INSTAL InstalcoSEK 33.041.1%
+SEK 96.6m		-1.3%PE23.6x
VESTUM VestumSEK 9.371.3%
+SEK 45.1m		4.1%PS0.9x

Latest News

SWEC B
SEK 140.00
Sweco
7D
1.4%
1Y
-24.1%
INSTAL
SEK 33.04
Instalco
7D
1.1%
1Y
-1.3%

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.
NCC B
SEK 214.20
NCC
7D
1.3%
1Y
13.8%
DOXA
SEK 0.44
Doxa
7D
4.1%
1Y
13.4%
NETEL
SEK 3.82
Netel Holding
7D
-1.9%
1Y
-69.5%

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
-0.2%
1Y
5.1%

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 263.40
Skanska
7D
-1.0%
1Y
10.5%

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.
TERNOR
SEK 26.50
Terranor Group
7D
4.7%
1Y
n/a
BYGGP
SEK 45.90
ByggPartner Gruppen
7D
5.5%
1Y
155.0%
ELTEL
SEK 8.52
Eltel
7D
-5.3%
1Y
24.9%
NYAB
SEK 5.94
Nyab
7D
-2.0%
1Y
12.3%

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 25.80
SEHED Byggmästargruppen
7D
3.2%
1Y
41.4%

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 9.37
Vestum
7D
1.3%
1Y
4.1%
PEAB B
SEK 101.60
Peab
7D
-0.9%
1Y
31.2%