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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies18
  • 7D1.8%
  • 3M8.8%
  • 1Y1.8%
  • YTDn/a

The Construction and Engineering industry is up 1.4% in the last week, with Skanska up 1.5%. The industry has been flat over the past 12 months despite the gain this week. 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
Fri, 27 Feb 2026SEK 246.2bSEK 380.9bSEK 8.4b22x29.2x0.6x
Sun, 25 Jan 2026SEK 237.2bSEK 389.0bSEK 11.3b18.7x21x0.6x
Tue, 23 Dec 2025SEK 228.6bSEK 389.4bSEK 11.3b18.1x20.2x0.6x
Thu, 20 Nov 2025SEK 222.4bSEK 389.4bSEK 11.3b20.2x19.7x0.6x
Sat, 18 Oct 2025SEK 230.3bSEK 390.9bSEK 10.8b17.4x21.3x0.6x
Mon, 15 Sep 2025SEK 230.5bSEK 390.8bSEK 10.8b16.1x21.3x0.6x
Wed, 13 Aug 2025SEK 200.2bSEK 331.2bSEK 9.2b16.9x21.7x0.6x
Fri, 11 Jul 2025SEK 220.1bSEK 392.3bSEK 11.5b15.9x19.2x0.6x
Sun, 08 Jun 2025SEK 221.9bSEK 388.9bSEK 11.4b17.6x19.5x0.6x
Tue, 06 May 2025SEK 219.3bSEK 380.2bSEK 10.7b16.7x20.5x0.6x
Thu, 03 Apr 2025SEK 222.0bSEK 378.0bSEK 10.4b18.8x21.3x0.6x
Sat, 01 Mar 2025SEK 240.6bSEK 378.6bSEK 10.8b19.3x22.2x0.6x
Mon, 27 Jan 2025SEK 227.9bSEK 370.6bSEK 8.8b20.3x26x0.6x
Wed, 25 Dec 2024SEK 218.2bSEK 370.7bSEK 8.8b19.5x24.9x0.6x
Fri, 22 Nov 2024SEK 209.8bSEK 370.7bSEK 9.8b18.3x21.5x0.6x
Sun, 20 Oct 2024SEK 234.6bSEK 375.2bSEK 10.1b19.2x23.2x0.6x
Tue, 17 Sep 2024SEK 230.6bSEK 375.1bSEK 10.1b18.7x22.8x0.6x
Thu, 15 Aug 2024SEK 228.4bSEK 377.3bSEK 11.0b26.8x20.8x0.6x
Sat, 13 Jul 2024SEK 223.4bSEK 372.0bSEK 11.9b20.8x18.7x0.6x
Mon, 10 Jun 2024SEK 203.4bSEK 368.5bSEK 11.8b19.1x17.2x0.6x
Wed, 08 May 2024SEK 193.5bSEK 368.3bSEK 11.8b16.1x16.3x0.5x
Fri, 05 Apr 2024SEK 196.5bSEK 371.4bSEK 13.1b15.9x15x0.5x
Sun, 03 Mar 2024SEK 189.1bSEK 371.1bSEK 13.1b14.1x14.4x0.5x
Tue, 30 Jan 2024SEK 185.1bSEK 377.9bSEK 15.1b12.6x12.3x0.5x
Thu, 28 Dec 2023SEK 193.2bSEK 377.7bSEK 15.1b12.4x12.8x0.5x
Sat, 25 Nov 2023SEK 174.5bSEK 378.0bSEK 15.1b10x11.6x0.5x
Mon, 23 Oct 2023SEK 158.5bSEK 379.0bSEK 16.1b8.4x9.8x0.4x
Wed, 20 Sep 2023SEK 170.4bSEK 378.5bSEK 15.6b10.1x10.9x0.5x
Fri, 18 Aug 2023SEK 167.8bSEK 376.9bSEK 15.3b13.7x11x0.4x
Sun, 16 Jul 2023SEK 176.6bSEK 374.1bSEK 15.1b14.8x11.7x0.5x
Tue, 13 Jun 2023SEK 181.9bSEK 374.4bSEK 14.6b16.1x12.5x0.5x
Thu, 11 May 2023SEK 183.4bSEK 371.8bSEK 14.5b15.1x12.6x0.5x
Sat, 08 Apr 2023SEK 190.1bSEK 359.5bSEK 14.7b17.8x12.9x0.5x
Mon, 06 Mar 2023SEK 204.2bSEK 366.1bSEK 14.8b18.2x13.8x0.6x
Price to Earnings Ratio

13.8x


Total Market Cap: SEK 204.2bTotal Earnings: SEK 14.8bTotal Revenue: SEK 366.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 17.8x202420252026
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 29.1x which is higher than its 3-year average PE of 17.8x.
  • 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 Market1.54%
Industrials0.88%
Construction1.84%
Construction and Engineering1.84%
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
PEAB B PeabSEK 106.202.5%
+SEK 733.5m		31.4%PE22.1x
SKA B SkanskaSEK 278.000.4%
+SEK 455.4m		9.1%PE20.2x
BYGGP ByggPartner GruppenSEK 44.2010.0%
+SEK 181.4m		145.6%PE15.9x
SWEC B SwecoSEK 144.600.3%
+SEK 180.3m		-21.8%PE23.4x
SEHED B SEHED ByggmästargruppenSEK 27.0013.0%
+SEK 87.0m		44.0%PE11.4x

Latest News

NCC B
SEK 220.40
NCC
7D
-1.0%
1Y
13.0%
TRAIN B
SEK 20.50
Train Alliance
7D
-1.0%
1Y
17.1%
SKA B
SEK 278.00
Skanska
7D
0.4%
1Y
9.1%

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 35.26
Instalco
7D
-3.1%
1Y
4.4%

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).
DOXA
SEK 0.43
Doxa
7D
11.3%
1Y
5.9%
SWEC B
SEK 144.60
Sweco
7D
0.3%
1Y
-21.8%

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
BYGGP
SEK 44.20
ByggPartner Gruppen
7D
10.0%
1Y
145.6%
EOLU B
SEK 36.75
Eolus Aktiebolag
7D
-0.1%
1Y
-35.2%
ELTEL
SEK 9.24
Eltel
7D
1.3%
1Y
42.2%
NORB B
SEK 12.65
Nordisk Bergteknik
7D
-8.7%
1Y
-3.3%
NYAB
SEK 6.15
Nyab
7D
-3.0%
1Y
17.6%

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 27.00
SEHED Byggmästargruppen
7D
13.0%
1Y
44.0%

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 9.87
Vestum
7D
-0.3%
1Y
2.2%
NETEL
SEK 4.07
Netel Holding
7D
4.9%
1Y
-68.1%

NETEL: Elvia Agreements Will Shape Measured Multi Year Opportunity And Risk Profile

Analysts have cut their fair value estimate for Netel Holding from SEK 5.00 to SEK 4.25, reflecting slightly higher discount rates, an updated assumption of modest revenue growth of about 1.02% instead of a 0.73% decline, a lower profit margin of about 2.18%, and a higher future P/E assumption of roughly 4.17x compared with 2.78x previously. What's in the News Netel has signed a new four year framework agreement with Elvia covering about half of Oslo Municipality, opening up a new geographical area for the company in Norway (Key Developments).
PEAB B
SEK 106.20
Peab
7D
2.5%
1Y
31.4%
QBEN
SEK 9.76
Qben Infra
7D
-2.9%
1Y
-20.7%