At kr35.70, Is It Time To Put Hexatronic Group AB (publ) (STO:HTRO) On Your Watch List?
Dec 12
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Swedish (OMX) Electrical Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies20
- 7D-2.3%
- 3M-10.8%
- 1Y0.4%
- YTD1.3%
Over the last 7 days, the Electrical industry has dropped 2.3%, driven by a pullback from Fagerhult Group of 4.6%. Meanwhile, PowerCell Sweden actually outperformed within the industry, gaining 6.4% 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 31% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | SEK 40.8b | SEK 34.3b | SEK 553.3m | 21.6x | 73.8x | 1.2x |
| Tue, 19 Nov 2024 | SEK 42.8b | SEK 34.5b | SEK 651.8m | 20.7x | 65.7x | 1.2x |
| Thu, 17 Oct 2024 | SEK 39.8b | SEK 34.1b | SEK 789.1m | 18.3x | 50.5x | 1.2x |
| Sat, 14 Sep 2024 | SEK 42.4b | SEK 34.1b | SEK 789.1m | 20x | 53.7x | 1.2x |
| Mon, 12 Aug 2024 | SEK 43.2b | SEK 34.2b | SEK 745.4m | 21.5x | 58x | 1.3x |
| Wed, 10 Jul 2024 | SEK 45.7b | SEK 34.6b | SEK 923.6m | 20.5x | 49.4x | 1.3x |
| Fri, 07 Jun 2024 | SEK 43.0b | SEK 34.6b | SEK 905.5m | 18.3x | 47.4x | 1.2x |
| Sun, 05 May 2024 | SEK 40.4b | SEK 34.9b | SEK 922.3m | 16.1x | 43.8x | 1.2x |
| Tue, 02 Apr 2024 | SEK 39.7b | SEK 36.1b | SEK 1.1b | 15.5x | 36.8x | 1.1x |
| Thu, 29 Feb 2024 | SEK 38.2b | SEK 35.7b | SEK 1.1b | 16.3x | 34.1x | 1.1x |
| Sat, 27 Jan 2024 | SEK 39.4b | SEK 36.3b | -SEK 611,064,798.00 | 19.3x | -64.5x | 1.1x |
| Mon, 25 Dec 2023 | SEK 41.0b | SEK 36.6b | -SEK 652,092,195.00 | 18.7x | -62.9x | 1.1x |
| Wed, 22 Nov 2023 | SEK 35.4b | SEK 36.6b | -SEK 422,526,600.00 | 16.4x | -83.8x | 1x |
| Fri, 20 Oct 2023 | SEK 36.8b | SEK 35.7b | -SEK 387,225,474.00 | 14.2x | -95x | 1x |
| Sun, 17 Sep 2023 | SEK 42.7b | SEK 35.7b | -SEK 386,620,016.00 | 15.1x | -110.4x | 1.2x |
| Tue, 15 Aug 2023 | SEK 49.2b | SEK 34.2b | -SEK 476,842,298.00 | 16.5x | -103.2x | 1.4x |
| Thu, 13 Jul 2023 | SEK 54.2b | SEK 33.5b | -SEK 501,807,450.00 | 17.2x | -108x | 1.6x |
| Sat, 10 Jun 2023 | SEK 52.1b | SEK 33.4b | -SEK 507,489,565.00 | 18.4x | -102.6x | 1.6x |
| Mon, 08 May 2023 | SEK 55.7b | SEK 32.8b | -SEK 373,149,338.00 | 21.3x | -149.2x | 1.7x |
| Wed, 05 Apr 2023 | SEK 64.3b | SEK 31.3b | -SEK 657,397,571.00 | 24.6x | -97.9x | 2.1x |
| Fri, 03 Mar 2023 | SEK 67.3b | SEK 30.7b | -SEK 975,657,733.00 | 25.2x | -69x | 2.2x |
| Sun, 29 Jan 2023 | SEK 69.0b | SEK 28.5b | -SEK 625,392,914.00 | 25.7x | -110.3x | 2.4x |
| Tue, 27 Dec 2022 | SEK 65.6b | SEK 28.5b | -SEK 640,347,248.00 | 24.5x | -102.5x | 2.3x |
| Thu, 24 Nov 2022 | SEK 67.8b | SEK 28.2b | -SEK 524,558,819.00 | 36.2x | -129.3x | 2.4x |
| Sat, 22 Oct 2022 | SEK 64.5b | SEK 26.6b | -SEK 1,002,968,979.00 | 37.2x | -64.3x | 2.4x |
| Mon, 19 Sep 2022 | SEK 64.3b | SEK 26.2b | -SEK 993,557,312.00 | 38.5x | -64.7x | 2.5x |
| Wed, 17 Aug 2022 | SEK 78.2b | SEK 25.3b | -SEK 909,136,978.00 | 42.4x | -86x | 3.1x |
| Fri, 15 Jul 2022 | SEK 68.7b | SEK 24.2b | -SEK 1,081,983,234.00 | 37.3x | -63.5x | 2.8x |
| Sun, 12 Jun 2022 | SEK 66.1b | SEK 24.2b | -SEK 1,045,130,279.00 | 39.3x | -63.3x | 2.7x |
| Tue, 10 May 2022 | SEK 61.0b | SEK 24.0b | -SEK 948,848,153.00 | 41.4x | -64.3x | 2.5x |
| Thu, 07 Apr 2022 | SEK 74.1b | SEK 22.8b | -SEK 910,278,602.00 | 53.5x | -81.4x | 3.2x |
| Sat, 05 Mar 2022 | SEK 64.2b | SEK 22.7b | -SEK 1,160,610,326.00 | 43.5x | -55.3x | 2.8x |
| Mon, 31 Jan 2022 | SEK 76.8b | SEK 21.1b | -SEK 664,967,073.00 | 62.6x | -115.4x | 3.6x |
| Wed, 29 Dec 2021 | SEK 91.2b | SEK 21.1b | -SEK 631,225,577.00 | 86.7x | -144.4x | 4.3x |
Price to Earnings Ratio
-144.4x
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 73.8x which is higher than its 3-year average PE of -50.1x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.2x.
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 18% 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 | -2.70% | |
| Industrials | -3.56% | |
| Electrical | -2.32% | |
| Electrical Components | -2.15% | |
| Heavy Electrical Equipment | -10.18% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 65.2x.
- Analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings decline of 20.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 141% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 29% 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 | |
|---|---|---|---|---|---|
| PCELL PowerCell Sweden | SEK 35.64 | 6.4% +SEK 111.6m | -22.5% | PS5.8x | |
| HTRO Hexatronic Group | SEK 35.39 | 0.3% +SEK 20.5m | 31.6% | PE16.1x | |
| META Metacon | SEK 0.15 | 8.8% +SEK 8.4m | -82.7% | PS4.1x | |
| TOPR TopRight Nordic | SEK 0.059 | 78.8% +SEK 6.1m | -60.9% | PE0.4x | |
| PSCAND Permascand Top Holding | SEK 17.00 | 0.3% +SEK 3.0m | -22.7% | PE77.6x |
