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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies18
  • 7D7.5%
  • 3M0.1%
  • 1Y12.5%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has risen 7.0%, driven by gains from Skanska of 6.9%. This means that the industry has gained 13% over the past 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, 16 Apr 2026SEK 238.2bSEK 381.2bSEK 9.4b21.3x25.3x0.6x
Sat, 14 Mar 2026SEK 230.6bSEK 381.1bSEK 9.4b20.4x24.4x0.6x
Mon, 09 Feb 2026SEK 243.2bSEK 379.0bSEK 9.0b25.1x27.1x0.6x
Wed, 07 Jan 2026SEK 232.9bSEK 389.3bSEK 11.3b18.4x20.6x0.6x
Fri, 05 Dec 2025SEK 230.1bSEK 389.6bSEK 11.3b17.7x20.3x0.6x
Sun, 02 Nov 2025SEK 237.3bSEK 390.3bSEK 11.3b19x21.1x0.6x
Tue, 30 Sep 2025SEK 223.6bSEK 391.0bSEK 10.8b16.1x20.7x0.6x
Thu, 28 Aug 2025SEK 222.4bSEK 391.1bSEK 10.8b15.8x20.6x0.6x
Sat, 26 Jul 2025SEK 194.8bSEK 331.2bSEK 9.2b17.4x21.1x0.6x
Mon, 23 Jun 2025SEK 212.1bSEK 389.1bSEK 11.4b18.2x18.6x0.5x
Wed, 21 May 2025SEK 227.5bSEK 388.8bSEK 11.4b18.4x20x0.6x
Fri, 18 Apr 2025SEK 211.9bSEK 380.0bSEK 10.3b16.5x20.5x0.6x
Sun, 16 Mar 2025SEK 236.5bSEK 378.4bSEK 10.4b20.2x22.6x0.6x
Tue, 11 Feb 2025SEK 241.0bSEK 374.6bSEK 10.5b19.2x22.9x0.6x
Thu, 09 Jan 2025SEK 216.4bSEK 370.7bSEK 8.8b18.3x24.7x0.6x
Sat, 07 Dec 2024SEK 225.7bSEK 370.7bSEK 8.8b19.8x25.8x0.6x
Mon, 04 Nov 2024SEK 219.9bSEK 368.9bSEK 9.6b17.4x22.8x0.6x
Wed, 02 Oct 2024SEK 217.6bSEK 367.8bSEK 9.6b18.7x22.5x0.6x
Fri, 30 Aug 2024SEK 229.2bSEK 376.7bSEK 10.8b20.1x21.2x0.6x
Sun, 28 Jul 2024SEK 235.6bSEK 377.5bSEK 11.0b27.3x21.5x0.6x
Tue, 25 Jun 2024SEK 209.5bSEK 368.3bSEK 11.8b18.4x17.7x0.6x
Thu, 23 May 2024SEK 205.5bSEK 368.6bSEK 11.8b18.3x17.4x0.6x
Sat, 20 Apr 2024SEK 184.5bSEK 371.5bSEK 12.9b15.5x14.3x0.5x
Mon, 18 Mar 2024SEK 192.8bSEK 371.2bSEK 13.1b14.3x14.7x0.5x
Wed, 14 Feb 2024SEK 179.4bSEK 373.3bSEK 13.3b14.1x13.5x0.5x
Fri, 12 Jan 2024SEK 185.3bSEK 377.9bSEK 15.1b11.4x12.3x0.5x
Sun, 10 Dec 2023SEK 180.6bSEK 377.9bSEK 15.1b10.8x12x0.5x
Tue, 07 Nov 2023SEK 162.4bSEK 378.1bSEK 15.1b9.6x10.8x0.4x
Thu, 05 Oct 2023SEK 170.4bSEK 378.3bSEK 15.6b9.7x10.9x0.5x
Sat, 02 Sep 2023SEK 165.1bSEK 378.6bSEK 15.6b12.6x10.6x0.4x
Mon, 31 Jul 2023SEK 180.9bSEK 376.6bSEK 15.3b15.8x11.8x0.5x
Wed, 28 Jun 2023SEK 171.5bSEK 374.5bSEK 14.6b14.6x11.7x0.5x
Fri, 26 May 2023SEK 180.4bSEK 373.7bSEK 14.9b15.8x12.1x0.5x
Sun, 23 Apr 2023SEK 191.6bSEK 366.4bSEK 14.7b16.7x13x0.5x
Price to Earnings Ratio

13x


Total Market Cap: SEK 191.6bTotal Earnings: SEK 14.7bTotal Revenue: SEK 366.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction and Engineering Industry Price to Earnings3Y Average 18.3x202420252026
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 25.0x which is higher than its 3-year average PE of 18.3x.
  • 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 Market5.71%
Industrials7.05%
Construction7.50%
Construction and Engineering7.50%
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 146.506.2%
+SEK 3.1b		-16.5%PE23.7x
SKA B SkanskaSEK 253.700.9%
+SEK 910.7m		21.1%PE18.4x
INSTAL InstalcoSEK 35.587.5%
+SEK 665.7m		19.8%PE27.8x
NCC B NCCSEK 222.803.1%
+SEK 665.0m		23.1%PE153.4x
ELTEL EltelSEK 9.5010.5%
+SEK 141.1m		40.1%PE275.5x

Latest News

INSTAL
SEK 35.58
Instalco
7D
7.5%
1Y
19.8%
NCC B
SEK 222.80
NCC
7D
3.1%
1Y
23.1%

NCC B: Extra Dividend And Infrastructure Orders Will Support Balanced Outlook

Analysts have kept their NCC price target broadly steady at SEK220, with only marginal adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions supporting the unchanged valuation view. What's in the News NCC has been contracted by Gästrike Vatten to build the new Mon waterworks in Skutskär, Sweden, a SEK 650 million project that includes advanced treatment technology and is scheduled to be commissioned in 2028.
PEAB B
SEK 99.45
Peab
7D
-0.5%
1Y
34.4%
SKA B
SEK 253.70
Skanska
7D
0.9%
1Y
21.1%

SKA B: Future Returns Will Rely On Executing Expanding Project Pipeline

Analysts have raised their price target on Skanska by SEK 1 to SEK 296, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Bullish analysts point to the updated valuation work behind the SEK 296 price target as a sign of growing confidence in Skanska's ability to support a higher fair value, even if the nominal move is small.
ELTEL
SEK 9.50
Eltel
7D
10.5%
1Y
40.1%
SWEC B
SEK 146.50
Sweco
7D
6.2%
1Y
-16.5%

SWEC B: Antarctic Infrastructure Expertise Will Support Long Term Earnings Potential

Analysts have trimmed their Sweco price target from SEK 190 to SEK 180 as they now apply a slightly higher discount rate, factor in more moderate revenue growth and profit margin assumptions, and use a somewhat lower future P/E multiple. What's in the News Sweco served as Principal Designer for the new Discovery Building at Rothera Research Station in Antarctica, part of the UK Government's Antarctic Infrastructure Modernisation Programme, supporting long term research on climate, biodiversity and oceans (Client Announcement).
DOXA
SEK 0.42
Doxa
7D
-0.4%
1Y
19.8%
QBEN
SEK 10.10
Qben Infra
7D
17.2%
1Y
-4.3%
BYGGP
SEK 44.00
ByggPartner Gruppen
7D
4.8%
1Y
133.4%
NYAB
SEK 6.30
Nyab
7D
2.8%
1Y
19.1%

Analysts Have Made A Financial Statement On Nyab AB (publ)'s (STO:NYAB) Yearly Report

Feb 15
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SEHED B
SEK 25.70
SEHED Byggmästargruppen
7D
-1.2%
1Y
28.5%

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