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Swedish (OMX) Construction Industry Analysis

UpdatedAug 24, 2026
DataAggregated Company Financials
Companies16
  • 7D1.3%
  • 3M2.1%
  • 1Y2.7%
  • YTD-0.02%

Over the last 7 days, the Construction industry has risen 1.3%, driven by gains from Skanska of 2.1%. Meanwhile, Fasadgruppen Group actually underperformed within the industry, shrinking 9.4% 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 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Aug 2026SEK 232.0bSEK 377.1bSEK 10.9b16.9x21.3x0.6x
Wed, 22 Jul 2026SEK 228.4bSEK 376.7bSEK 10.8b17.4x21.1x0.6x
Fri, 19 Jun 2026SEK 227.2bSEK 374.7bSEK 9.6b18.5x23.8x0.6x
Sun, 17 May 2026SEK 219.6bSEK 375.1bSEK 9.7b17.5x22.6x0.6x
Tue, 14 Apr 2026SEK 235.8bSEK 381.2bSEK 9.4b21.2x25x0.6x
Thu, 12 Mar 2026SEK 234.6bSEK 380.9bSEK 9.4b20.9x24.9x0.6x
Sat, 07 Feb 2026SEK 243.0bSEK 385.0bSEK 9.5b25.1x25.7x0.6x
Mon, 05 Jan 2026SEK 232.5bSEK 389.3bSEK 11.3b18.3x20.6x0.6x
Wed, 03 Dec 2025SEK 224.3bSEK 389.6bSEK 11.3b17.3x19.8x0.6x
Fri, 31 Oct 2025SEK 239.3bSEK 390.3bSEK 11.2b19.3x21.3x0.6x
Sun, 28 Sep 2025SEK 222.3bSEK 390.9bSEK 10.8b16x20.6x0.6x
Tue, 26 Aug 2025SEK 225.9bSEK 390.7bSEK 10.8b16x20.9x0.6x
Thu, 24 Jul 2025SEK 193.6bSEK 331.4bSEK 9.2b17.2x21x0.6x
Sat, 21 Jun 2025SEK 212.1bSEK 389.1bSEK 11.4b18.2x18.6x0.5x
Mon, 19 May 2025SEK 225.6bSEK 388.9bSEK 11.1b17.4x20.3x0.6x
Wed, 16 Apr 2025SEK 211.0bSEK 380.2bSEK 10.3b15.8x20.4x0.6x
Fri, 14 Mar 2025SEK 231.6bSEK 378.4bSEK 10.4b19.5x22.2x0.6x
Sun, 09 Feb 2025SEK 241.6bSEK 374.6bSEK 10.5b18.9x22.9x0.6x
Tue, 07 Jan 2025SEK 223.3bSEK 370.6bSEK 8.8b19.8x25.5x0.6x
Thu, 05 Dec 2024SEK 224.0bSEK 370.6bSEK 8.8b19.6x25.6x0.6x
Sat, 02 Nov 2024SEK 219.9bSEK 368.9bSEK 9.7b17.4x22.7x0.6x
Mon, 30 Sep 2024SEK 218.5bSEK 367.7bSEK 9.7b18.8x22.6x0.6x
Wed, 28 Aug 2024SEK 227.6bSEK 376.7bSEK 10.8b19.8x21.1x0.6x
Fri, 26 Jul 2024SEK 232.8bSEK 377.4bSEK 11.3b20.7x20.5x0.6x
Sun, 23 Jun 2024SEK 210.7bSEK 368.4bSEK 11.8b18.4x17.8x0.6x
Tue, 21 May 2024SEK 205.5bSEK 368.6bSEK 11.8b18.3x17.4x0.6x
Thu, 18 Apr 2024SEK 183.8bSEK 371.5bSEK 12.9b15.4x14.3x0.5x
Sat, 16 Mar 2024SEK 192.8bSEK 371.2bSEK 13.1b14.3x14.7x0.5x
Mon, 12 Feb 2024SEK 181.4bSEK 373.2bSEK 13.3b12.9x13.6x0.5x
Wed, 10 Jan 2024SEK 189.2bSEK 377.8bSEK 15.1b11.9x12.6x0.5x
Fri, 08 Dec 2023SEK 181.5bSEK 377.9bSEK 15.1b10.8x12x0.5x
Sun, 05 Nov 2023SEK 162.0bSEK 378.1bSEK 15.1b9.6x10.7x0.4x
Tue, 03 Oct 2023SEK 172.1bSEK 378.3bSEK 15.6b10.4x11.1x0.5x
Thu, 31 Aug 2023SEK 166.9bSEK 378.3bSEK 15.6b12.2x10.7x0.4x
Price to Earnings Ratio

10.7x


Total Market Cap: SEK 166.9bTotal Earnings: SEK 15.6bTotal Revenue: SEK 378.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction Industry Price to Earnings3Y Average 19.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Construction industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have declined 11% 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 Trends

Which industries have driven the changes within the Swedish Industrials industry?

SE Market0.63%
Industrials0.50%
Construction1.31%
Construction and Engineering1.31%
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 270.902.0%
+SEK 2.2b		13.0%PE16.9x
SWEC B SwecoSEK 127.102.2%
+SEK 975.4m		-22.6%PE20.2x
NYAB NyabSEK 6.913.0%
+SEK 142.3m		-1.7%PE16.9x
ELTEL EltelSEK 13.953.3%
+SEK 70.5m		54.7%PE58x
EOLU B Eolus AktiebolagSEK 43.951.5%
+SEK 16.2m		-23.0%PS0.4x

Latest News

FG
SEK 18.92
Fasadgruppen Group
7D
-9.3%
1Y
-45.5%
NYAB
SEK 6.91
Nyab
7D
3.0%
1Y
-1.7%
SKA B
SEK 270.90
Skanska
7D
2.0%
1Y
13.0%
ELTEL
SEK 13.95
Eltel
7D
3.3%
1Y
54.7%
SWEC B
SEK 127.10
Sweco
7D
2.2%
1Y
-22.6%
New Narrative • Aug 13

Energy And Infrastructure Demand Will Support Steady Margins Despite Project And M&A Risks

Catalysts About Sweco Sweco is a European architecture and engineering consultancy that provides planning, design and advisory services across energy, infrastructure, water, environment and buildings. What are the underlying business or industry changes driving this perspective?
INSTAL
SEK 36.68
Instalco
7D
-0.1%
1Y
40.4%
Narrative Update • Aug 05

INSTAL: Sustainable Sälen Hotel Project Will Support Higher Future Earnings

Analysts have raised their price target for Instalco from SEK 43.50 to SEK 47.00, reflecting updated assumptions for slightly higher revenue, improved profit margins, and a marginally adjusted discount rate and future P/E. What’s in the News for Instalco Instalco has been engaged by Consto AS for design and installation work on Scandic Hotels AB’s new mountain hotel at Sälen in Sweden.
BYGGP
SEK 36.60
ByggPartner Gruppen
7D
-3.7%
1Y
24.1%
Analysis Article • Jul 25

We Think ByggPartner Gruppen's (STO:BYGGP) Profit Is Only A Baseline For What They Can Achieve

When companies post strong earnings, the stock generally performs well, just like ByggPartner Gruppen AB (publ)'s...
EOLU B
SEK 43.95
Eolus Aktiebolag
7D
1.5%
1Y
-23.0%
PEAB B
SEK 95.00
Peab
7D
-0.5%
1Y
24.8%
Analysis Article • Jul 17

Earnings Miss: Peab AB (publ) Missed EPS By 5.4% And Analysts Are Revising Their Forecasts

Investors in Peab AB (publ) ( STO:PEAB B ) had a good week, as its shares rose 2.5% to close at kr92.65 following the...
CYNCA
SEK 16.38
Cynca Nordic
7D
0.1%
1Y
75.8%
NCC B
SEK 175.90
NCC
7D
-0.3%
1Y
-10.4%
Narrative Update • Jul 15

NCC B: Extra Dividend And New Nordic Projects Will Support Upside

The analyst price target for NCC has been adjusted from SEK 220 to SEK 202.5 as analysts incorporate updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E in their valuation work. What’s in the News for NCC NCC has been commissioned by Vestland County Council to build the Atløy Link in Norway, a turnkey infrastructure project including three bridges and associated roads.
NETEL
SEK 3.38
Netel Holding
7D
4.7%
1Y
-66.4%
QBEN
SEK 6.80
Qben Infra
7D
-8.8%
1Y
-29.9%
TRAIN B
SEK 6.34
Train Alliance
7D
-2.5%
1Y
-66.6%
SEHED B
SEK 25.50
SEHED Byggmästargruppen
7D
-3.8%
1Y
13.8%
Analysis Article • Feb 15

Under The Bonnet, SEHED Byggmästargruppen's (NGM:SEHED B) Returns Look Impressive

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...