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Swedish (OMX) Construction and Engineering Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies18
  • 7D3.9%
  • 3M11.5%
  • 1Y2.4%
  • YTDn/a

Over the last 7 days, the Construction and Engineering industry has risen 3.9%, driven by gains from Skanska of 4.3%. Meanwhile, ByggPartner Gruppen actually underperformed within the industry, shrinking 12% in the last week. 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
Sun, 22 Feb 2026SEK 246.1bSEK 380.9bSEK 8.4b23.3x29.4x0.6x
Tue, 20 Jan 2026SEK 235.4bSEK 389.2bSEK 11.3b18.3x20.8x0.6x
Thu, 18 Dec 2025SEK 225.6bSEK 389.5bSEK 11.3b17.9x19.9x0.6x
Sat, 15 Nov 2025SEK 228.1bSEK 389.3bSEK 11.3b23.4x20.2x0.6x
Mon, 13 Oct 2025SEK 234.4bSEK 391.0bSEK 10.8b17.7x21.7x0.6x
Wed, 10 Sep 2025SEK 224.4bSEK 390.9bSEK 10.8b15.7x20.8x0.6x
Fri, 08 Aug 2025SEK 198.2bSEK 331.2bSEK 9.2b15.8x21.5x0.6x
Sun, 06 Jul 2025SEK 215.9bSEK 392.4bSEK 11.5b15.9x18.8x0.6x
Tue, 03 Jun 2025SEK 220.3bSEK 388.8bSEK 11.4b18.1x19.3x0.6x
Thu, 01 May 2025SEK 217.4bSEK 380.3bSEK 10.4b16.6x21x0.6x
Sat, 29 Mar 2025SEK 225.5bSEK 378.1bSEK 10.4b19.1x21.6x0.6x
Mon, 24 Feb 2025SEK 239.1bSEK 378.1bSEK 10.8b23.9x22.2x0.6x
Wed, 22 Jan 2025SEK 223.5bSEK 370.6bSEK 8.8b19.1x25.5x0.6x
Fri, 20 Dec 2024SEK 217.3bSEK 370.6bSEK 8.8b19.3x24.8x0.6x
Sun, 17 Nov 2024SEK 214.2bSEK 370.8bSEK 9.9b17.4x21.6x0.6x
Tue, 15 Oct 2024SEK 219.4bSEK 367.7bSEK 9.7b18.6x22.7x0.6x
Thu, 12 Sep 2024SEK 225.5bSEK 375.2bSEK 10.1b18.1x22.3x0.6x
Sat, 10 Aug 2024SEK 226.9bSEK 377.2bSEK 11.0b26.3x20.7x0.6x
Mon, 08 Jul 2024SEK 212.2bSEK 371.9bSEK 11.9b19.3x17.8x0.6x
Wed, 05 Jun 2024SEK 203.6bSEK 368.4bSEK 11.8b18.5x17.2x0.6x
Fri, 03 May 2024SEK 188.4bSEK 370.7bSEK 12.2b15.9x15.4x0.5x
Sun, 31 Mar 2024SEK 195.2bSEK 371.4bSEK 13.1b15.6x14.9x0.5x
Tue, 27 Feb 2024SEK 184.4bSEK 371.2bSEK 13.1b14x14x0.5x
Thu, 25 Jan 2024SEK 184.4bSEK 378.0bSEK 15.1b11.6x12.2x0.5x
Sat, 23 Dec 2023SEK 191.9bSEK 377.7bSEK 15.1b12x12.7x0.5x
Mon, 20 Nov 2023SEK 173.7bSEK 378.1bSEK 15.1b9.7x11.5x0.5x
Wed, 18 Oct 2023SEK 164.3bSEK 378.2bSEK 15.6b8.9x10.5x0.4x
Fri, 15 Sep 2023SEK 169.0bSEK 378.5bSEK 15.6b10.2x10.9x0.4x
Sun, 13 Aug 2023SEK 174.7bSEK 376.8bSEK 15.3b14.1x11.4x0.5x
Tue, 11 Jul 2023SEK 174.8bSEK 374.6bSEK 14.6b14.8x12x0.5x
Thu, 08 Jun 2023SEK 181.9bSEK 374.4bSEK 14.6b16.4x12.5x0.5x
Sat, 06 May 2023SEK 189.3bSEK 371.8bSEK 14.5b15.6x13x0.5x
Mon, 03 Apr 2023SEK 190.3bSEK 366.3bSEK 14.7b18.9x12.9x0.5x
Wed, 01 Mar 2023SEK 204.8bSEK 366.3bSEK 14.8b18.5x13.9x0.6x
Price to Earnings Ratio

13.9x


Total Market Cap: SEK 204.8bTotal 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 17.7x202420252026
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 29.4x which is higher than its 3-year average PE of 17.7x.
  • 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 Market1.64%
Industrials1.49%
Construction3.86%
Construction and Engineering3.86%
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
SKA B SkanskaSEK 276.904.3%
+SEK 4.8b		10.7%PE20.1x
SWEC B SwecoSEK 144.103.6%
+SEK 1.8b		-24.6%PE23.3x
INSTAL InstalcoSEK 36.3816.5%
+SEK 1.4b		9.8%PE26x
NCC B NCCSEK 222.602.8%
+SEK 586.8m		14.9%PE153.3x
PEAB B PeabSEK 103.601.8%
+SEK 507.8m		26.7%PE21.5x

Latest News

INSTAL
SEK 36.38
Instalco
7D
16.5%
1Y
9.8%

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).
TERNOR
SEK 26.80
Terranor Group
7D
-7.6%
1Y
n/a
SWEC B
SEK 144.10
Sweco
7D
3.6%
1Y
-24.6%

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 40.20
ByggPartner Gruppen
7D
-12.0%
1Y
120.3%
EOLU B
SEK 36.80
Eolus Aktiebolag
7D
9.0%
1Y
-34.6%
ELTEL
SEK 9.12
Eltel
7D
-1.3%
1Y
42.1%
NORB B
SEK 13.85
Nordisk Bergteknik
7D
-1.8%
1Y
13.3%
NYAB
SEK 6.29
Nyab
7D
4.7%
1Y
26.2%

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
VESTUM
SEK 9.90
Vestum
7D
5.3%
1Y
-0.6%
NCC B
SEK 222.60
NCC
7D
2.8%
1Y
14.9%

Some May Be Optimistic About NCC's (STO:NCC B) Earnings

Feb 12
Some May Be Optimistic About NCC's (STO:NCC B) Earnings
FG
SEK 22.45
Fasadgruppen Group
7D
-4.1%
1Y
12.0%

FG: Rights Offering And Governance Changes Will Still Support Future Upside

Analysts have reduced their fair value estimate for Fasadgruppen Group from SEK 43 to SEK 27. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.
SKA B
SEK 276.90
Skanska
7D
4.3%
1Y
10.7%

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.
PEAB B
SEK 103.60
Peab
7D
1.8%
1Y
26.7%
QBEN
SEK 10.05
Qben Infra
7D
-0.5%
1Y
-22.7%