Returns On Capital At SolTech Energy Sweden (STO:SOLT) Have Hit The Brakes
Jul 15
Swedish (OMX) Electrical Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies20
- 7D-6.3%
- 3M14.5%
- 1Y-14.0%
- YTD17.1%
Over the last 7 days, the Electrical industry has dropped 9.8%, driven by declines in Hexatronic Group and Fagerhult Group of 11% and 11%, respectively. Meanwhile, Climeon actually outperformed within the industry, gaining 7.8% in the last week. However, the industry is down 13% over the past year. As for the next few years, earnings are expected to grow by 51% per annum.
Industry Valuation and Performance
Has the Swedish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | SEK 44.7b | SEK 34.3b | SEK 762.3m | 22.5x | 58.6x | 1.3x |
| Sun, 23 Jun 2024 | SEK 43.8b | SEK 34.6b | SEK 923.7m | 20x | 47.4x | 1.3x |
| Tue, 21 May 2024 | SEK 43.7b | SEK 34.7b | SEK 919.6m | 17.6x | 47.5x | 1.3x |
| Thu, 18 Apr 2024 | SEK 38.6b | SEK 36.0b | SEK 1.1b | 14.8x | 35.9x | 1.1x |
| Sat, 16 Mar 2024 | SEK 36.7b | SEK 36.1b | SEK 1.1b | 16x | 33.2x | 1x |
| Mon, 12 Feb 2024 | SEK 40.5b | SEK 35.6b | SEK 993.8m | 19.1x | 40.8x | 1.1x |
| Wed, 10 Jan 2024 | SEK 40.5b | SEK 36.6b | -SEK 652,466,827.00 | 19.4x | -62x | 1.1x |
| Fri, 08 Dec 2023 | SEK 38.0b | SEK 36.7b | -SEK 429,112,936.00 | 17.4x | -88.5x | 1x |
| Sun, 05 Nov 2023 | SEK 36.9b | SEK 36.4b | -SEK 411,113,400.00 | 15.2x | -89.7x | 1x |
| Tue, 03 Oct 2023 | SEK 39.8b | SEK 35.7b | -SEK 385,885,112.00 | 15.1x | -103.1x | 1.1x |
| Thu, 31 Aug 2023 | SEK 44.0b | SEK 35.8b | -SEK 371,098,466.00 | 15.1x | -118.5x | 1.2x |
| Sat, 29 Jul 2023 | SEK 52.9b | SEK 34.2b | -SEK 437,010,300.00 | 17.3x | -121.1x | 1.5x |
| Mon, 26 Jun 2023 | SEK 51.8b | SEK 33.4b | -SEK 507,662,624.00 | 16.8x | -102.1x | 1.6x |
| Wed, 24 May 2023 | SEK 53.2b | SEK 33.4b | -SEK 476,530,341.00 | 17.3x | -111.6x | 1.6x |
| Fri, 21 Apr 2023 | SEK 59.3b | SEK 31.9b | -SEK 594,247,866.00 | 22.3x | -99.9x | 1.9x |
| Sun, 19 Mar 2023 | SEK 64.3b | SEK 31.3b | -SEK 667,488,574.00 | 24.4x | -96.3x | 2.1x |
| Tue, 14 Feb 2023 | SEK 68.8b | SEK 29.2b | -SEK 496,486,252.00 | 24.1x | -138.6x | 2.4x |
| Thu, 12 Jan 2023 | SEK 64.6b | SEK 28.5b | -SEK 636,725,220.00 | 25.5x | -101.4x | 2.3x |
| Sat, 10 Dec 2022 | SEK 71.4b | SEK 28.4b | -SEK 607,883,159.00 | 26.2x | -117.4x | 2.5x |
| Mon, 07 Nov 2022 | SEK 69.4b | SEK 27.9b | -SEK 712,773,485.00 | 39.3x | -97.3x | 2.5x |
| Wed, 05 Oct 2022 | SEK 64.3b | SEK 26.2b | -SEK 1,000,218,034.00 | 38.5x | -64.3x | 2.5x |
| Fri, 02 Sep 2022 | SEK 67.7b | SEK 26.1b | -SEK 968,321,645.00 | 35.3x | -70x | 2.6x |
| Sun, 31 Jul 2022 | SEK 80.9b | SEK 24.6b | -SEK 1,087,390,777.00 | 42.1x | -74.4x | 3.3x |
| Tue, 28 Jun 2022 | SEK 64.1b | SEK 24.2b | -SEK 1,043,027,777.00 | 36.3x | -61.4x | 2.6x |
| Thu, 26 May 2022 | SEK 65.1b | SEK 24.2b | -SEK 1,039,422,116.00 | 39.5x | -62.6x | 2.7x |
| Sat, 23 Apr 2022 | SEK 75.1b | SEK 17.4b | -SEK 959,540,156.00 | 58.1x | -78.3x | 4.3x |
| Mon, 21 Mar 2022 | SEK 72.1b | SEK 22.7b | -SEK 1,118,505,859.00 | 52.6x | -64.5x | 3.2x |
| Wed, 16 Feb 2022 | SEK 75.6b | SEK 21.2b | -SEK 603,495,636.00 | 64x | -125.3x | 3.6x |
| Fri, 14 Jan 2022 | SEK 84.2b | SEK 21.1b | -SEK 619,978,066.00 | 68.5x | -135.8x | 4x |
| Sun, 12 Dec 2021 | SEK 90.2b | SEK 21.1b | -SEK 646,224,682.00 | 83x | -139.6x | 4.3x |
| Tue, 09 Nov 2021 | SEK 91.4b | SEK 20.7b | -SEK 569,286,771.00 | 85.5x | -160.6x | 4.4x |
| Thu, 07 Oct 2021 | SEK 76.6b | SEK 19.2b | -SEK 860,690,062.00 | 58.6x | -89x | 4x |
| Sat, 04 Sep 2021 | SEK 82.3b | SEK 19.2b | -SEK 835,086,235.07 | 62.7x | -98.5x | 4.3x |
| Mon, 02 Aug 2021 | SEK 75.2b | SEK 19.2b | -SEK 835,086,235.07 | 52.7x | -90.1x | 3.9x |
Price to Earnings Ratio
-90.1x
Current Industry PE
- Investors are optimistic on the Swedish Electrical industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 59.4x which is higher than its 3-year average PE of -73.9x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Electrical industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | -1.57% | |
| Industrials | -2.67% | |
| Electrical | -6.32% | |
| Heavy Electrical Equipment | -1.37% | |
| Electrical Components | -6.46% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 75.2x.
- Analysts are expecting annual earnings growth of 48.6%, which is higher than its past year's earnings decline of 14.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 102% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 49% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CTEK CTEK | SEK 20.40 | 3.8% +SEK 51.8m | -0.8% | PS1.7x | |
| MINEST Minesto | SEK 3.33 | 6.1% +SEK 36.9m | -15.1% | PS18x | |
| ACUVI Acuvi | SEK 13.50 | 4.7% +SEK 17.7m | -12.3% | PS1.9x | |
| NIUTEC Niutech Group | SEK 6.64 | 4.4% +SEK 5.6m | -42.3% | PS0.4x | |
| PSCAND Permascand Top Holding | SEK 17.00 | 0.3% +SEK 3.0m | -22.7% | PE77.6x |
