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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies18
  • 7D-1.0%
  • 3M5.1%
  • 1Y-1.7%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has dropped 1.0%, driven by Skanska declining 4.3%. Meanwhile, Peab actually outperformed within the industry, gaining 14% in the last week. 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 20% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Feb 2026SEK 238.2bSEK 379.0bSEK 9.0b24.6x26.6x0.6x
Thu, 08 Jan 2026SEK 239.3bSEK 389.2bSEK 11.3b18.6x21.2x0.6x
Sat, 06 Dec 2025SEK 230.0bSEK 389.5bSEK 11.3b17.8x20.3x0.6x
Mon, 03 Nov 2025SEK 237.3bSEK 390.3bSEK 11.3b20.6x21x0.6x
Wed, 01 Oct 2025SEK 226.2bSEK 391.0bSEK 10.8b16.3x20.9x0.6x
Fri, 29 Aug 2025SEK 222.0bSEK 391.0bSEK 10.8b15.8x20.6x0.6x
Sun, 27 Jul 2025SEK 194.8bSEK 331.2bSEK 9.2b17.4x21.1x0.6x
Tue, 24 Jun 2025SEK 214.2bSEK 389.1bSEK 11.4b17.8x18.8x0.6x
Thu, 22 May 2025SEK 225.8bSEK 388.8bSEK 11.4b17.8x19.8x0.6x
Sat, 19 Apr 2025SEK 211.9bSEK 380.0bSEK 10.3b16.5x20.5x0.6x
Mon, 17 Mar 2025SEK 236.5bSEK 378.4bSEK 10.4b20.2x22.6x0.6x
Wed, 12 Feb 2025SEK 240.2bSEK 379.3bSEK 10.9b19.1x22.1x0.6x
Fri, 10 Jan 2025SEK 216.2bSEK 370.6bSEK 8.8b18.1x24.7x0.6x
Sun, 08 Dec 2024SEK 225.8bSEK 370.7bSEK 8.8b19.8x25.8x0.6x
Tue, 05 Nov 2024SEK 222.0bSEK 368.9bSEK 9.7b18.1x23x0.6x
Thu, 03 Oct 2024SEK 217.6bSEK 367.8bSEK 9.6b18.7x22.5x0.6x
Sat, 31 Aug 2024SEK 230.2bSEK 375.1bSEK 10.3b20.2x22.3x0.6x
Mon, 29 Jul 2024SEK 235.6bSEK 377.5bSEK 11.0b27.3x21.5x0.6x
Wed, 26 Jun 2024SEK 207.3bSEK 368.4bSEK 11.8b18.4x17.6x0.6x
Fri, 24 May 2024SEK 207.3bSEK 368.6bSEK 11.8b18.8x17.6x0.6x
Sun, 21 Apr 2024SEK 183.1bSEK 371.5bSEK 12.9b15.5x14.2x0.5x
Tue, 19 Mar 2024SEK 191.9bSEK 371.2bSEK 13.1b14.2x14.6x0.5x
Thu, 15 Feb 2024SEK 182.6bSEK 373.2bSEK 13.3b14.2x13.8x0.5x
Sat, 13 Jan 2024SEK 188.9bSEK 377.9bSEK 15.1b11.6x12.5x0.5x
Mon, 11 Dec 2023SEK 180.6bSEK 377.9bSEK 15.1b10.8x12x0.5x
Wed, 08 Nov 2023SEK 161.6bSEK 378.1bSEK 15.1b9.4x10.7x0.4x
Fri, 06 Oct 2023SEK 166.5bSEK 378.3bSEK 15.6b9.6x10.7x0.4x
Sun, 03 Sep 2023SEK 165.1bSEK 378.5bSEK 15.6b12.6x10.6x0.4x
Tue, 01 Aug 2023SEK 179.6bSEK 376.6bSEK 15.3b15.8x11.7x0.5x
Thu, 29 Jun 2023SEK 171.1bSEK 374.5bSEK 14.6b14.7x11.7x0.5x
Sat, 27 May 2023SEK 179.6bSEK 373.9bSEK 14.8b16x12.1x0.5x
Mon, 24 Apr 2023SEK 191.6bSEK 366.4bSEK 14.7b16.7x13x0.5x
Wed, 22 Mar 2023SEK 193.8bSEK 366.2bSEK 14.8b18.1x13.1x0.5x
Fri, 17 Feb 2023SEK 213.4bSEK 363.8bSEK 14.7b19.7x14.6x0.6x
Price to Earnings Ratio

14.6x


Total Market Cap: SEK 213.4bTotal Earnings: SEK 14.7bTotal Revenue: SEK 363.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 17.6x202420252026
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 26.6x which is higher than its 3-year average PE of 17.6x.
  • 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 15% 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 Market1.62%
Industrials2.99%
Construction-1.04%
Construction and Engineering-1.04%
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 102.5013.9%
+SEK 3.2b		25.5%PE21.3x
FG Fasadgruppen GroupSEK 23.1012.7%
+SEK 140.0m		-9.1%PS0.2x
INSTAL InstalcoSEK 26.062.0%
+SEK 134.2m		-21.9%PE26.9x
BYGGP ByggPartner GruppenSEK 43.503.6%
+SEK 68.0m		160.5%PE18.2x
EOLU B Eolus AktiebolagSEK 36.106.2%
+SEK 52.3m		-34.8%PE3.3x

Latest News

NYAB
SEK 5.95
Nyab
7D
0.2%
1Y
19.0%
SKA B
SEK 262.90
Skanska
7D
-4.3%
1Y
1.6%

SKA B: Cautious Order Book Execution Will Likely Pressure An Optimistic P/E

Analysts have lifted their price target on Skanska by SEK 1, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. Analyst Commentary While the latest SEK 1 price target adjustment is modest, it reflects a wider set of cautious signals that some bearish analysts are flagging around Skanska's valuation, execution, and growth assumptions.
NCC B
SEK 229.60
NCC
7D
-1.4%
1Y
27.9%

NCC (STO:NCC B) Has Announced A Dividend Of SEK6.50

Feb 08
NCC (STO:NCC B) Has Announced A Dividend Of SEK6.50
PEAB B
SEK 102.50
Peab
7D
13.9%
1Y
25.5%
INSTAL
SEK 26.06
Instalco
7D
2.0%
1Y
-21.9%

INSTAL: Higher Margin Assumptions Will Drive Stronger Future Repricing

Analysts have kept their fair value estimate for Instalco steady at SEK40.0. The latest price target update mainly reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E, rather than a shift in their overall view of the company. Valuation Changes Fair Value: Kept unchanged at SEK40.0 per share, indicating no revision to the central estimate.
FG
SEK 23.10
Fasadgruppen Group
7D
12.7%
1Y
-9.1%
VESTUM
SEK 7.82
Vestum
7D
-2.6%
1Y
-23.0%
EOLU B
SEK 36.10
Eolus Aktiebolag
7D
6.2%
1Y
-34.8%
SWEC B
SEK 147.10
Sweco
7D
-1.3%
1Y
-21.3%

Returns At Sweco (STO:SWEC B) Are On The Way Up

Feb 03
Returns At Sweco (STO:SWEC B) Are On The Way Up
NORB B
SEK 14.40
Nordisk Bergteknik
7D
-5.3%
1Y
10.6%

An Intrinsic Calculation For Nordisk Bergteknik AB (publ) (STO:NORB B) Suggests It's 22% Undervalued

Jan 30
An Intrinsic Calculation For Nordisk Bergteknik AB (publ) (STO:NORB B) Suggests It's 22% Undervalued
NETEL
SEK 3.78
Netel Holding
7D
-12.4%
1Y
-70.0%

NETEL: Ellevio Contract Will Support Multi Year Upside Potential

Analysts have raised their fair value estimate for Netel Holding from SEK 4.50 to SEK 5.00, citing updated assumptions regarding long term revenue trends, margins and the stock's forward P/E profile. What's in the News Netel signed an agreement with Ellevio for the reconstruction and refurbishment of a distribution station on Lidingo, northeast of Stockholm (Key Developments).
BYGGP
SEK 43.50
ByggPartner Gruppen
7D
3.6%
1Y
160.5%
QBEN
SEK 10.15
Qben Infra
7D
-4.7%
1Y
-14.7%
DOXA
SEK 0.40
Doxa
7D
-3.4%
1Y
0%
SEHED B
SEK 22.80
SEHED Byggmästargruppen
7D
1.8%
1Y
17.2%

Solid Earnings May Not Tell The Whole Story For SEHED Byggmästargruppen (NGM:SEHED B)

Aug 29
Solid Earnings May Not Tell The Whole Story For SEHED Byggmästargruppen (NGM:SEHED B)