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Swedish (OMX) Electrical Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies19
  • 7D-3.6%
  • 3M-2.7%
  • 1Y-12.5%
  • YTD-1.0%

Over the last 7 days, the Electrical industry has dropped 2.5%, driven by a pullback from AQ Group of 4.2%. In contrast, Summa Defence Oyj has gained 31%. Overall the industry is down 14% in 12 months. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026SEK 36.7bSEK 31.4bSEK 133.6m27.1x274.5x1.2x
Fri, 05 Dec 2025SEK 36.7bSEK 31.4bSEK 135.8m26.1x270.1x1.2x
Sun, 02 Nov 2025SEK 40.0bSEK 31.6b-SEK 73,736,576.9727.1x-542.1x1.3x
Tue, 30 Sep 2025SEK 37.7bSEK 31.5bSEK 90.9m25.9x414.6x1.2x
Thu, 28 Aug 2025SEK 39.4bSEK 31.6bSEK 179.0m23.3x220x1.2x
Sat, 26 Jul 2025SEK 39.6bSEK 31.7bSEK 228.1m22.2x173.7x1.2x
Mon, 23 Jun 2025SEK 46.5bSEK 32.9bSEK 399.2m23.9x116.5x1.4x
Wed, 21 May 2025SEK 42.4bSEK 33.9bSEK 214.3m19.1x198x1.3x
Fri, 18 Apr 2025SEK 38.4bSEK 34.0bSEK 277.0m17.3x138.7x1.1x
Sun, 16 Mar 2025SEK 42.0bSEK 33.9bSEK 253.0m20x166.1x1.2x
Tue, 11 Feb 2025SEK 42.3bSEK 34.3bSEK 411.7m22.2x102.8x1.2x
Thu, 09 Jan 2025SEK 40.8bSEK 34.3bSEK 553.3m21.4x73.7x1.2x
Sat, 07 Dec 2024SEK 42.3bSEK 34.4bSEK 571.8m20.6x74x1.2x
Mon, 04 Nov 2024SEK 43.8bSEK 34.5bSEK 664.9m19.9x65.9x1.3x
Wed, 02 Oct 2024SEK 40.3bSEK 34.1bSEK 789.1m17.8x51x1.2x
Fri, 30 Aug 2024SEK 43.6bSEK 34.2bSEK 689.9m22.4x63.2x1.3x
Sun, 28 Jul 2024SEK 44.9bSEK 34.2bSEK 745.3m22.5x60.3x1.3x
Tue, 25 Jun 2024SEK 44.2bSEK 34.6bSEK 923.7m20.2x47.9x1.3x
Thu, 23 May 2024SEK 43.8bSEK 34.6bSEK 926.4m16.6x47.3x1.3x
Sat, 20 Apr 2024SEK 39.5bSEK 36.0bSEK 1.1b15.7x35x1.1x
Mon, 18 Mar 2024SEK 36.7bSEK 36.0bSEK 1.1b16x33.3x1x
Wed, 14 Feb 2024SEK 40.9bSEK 35.6bSEK 993.7m18.7x41.1x1.1x
Fri, 12 Jan 2024SEK 39.9bSEK 36.3b-SEK 610,867,908.0019x-65.3x1.1x
Sun, 10 Dec 2023SEK 38.8bSEK 36.7b-SEK 429,202,189.0016.7x-90.4x1.1x
Tue, 07 Nov 2023SEK 36.2bSEK 36.4b-SEK 411,150,488.0014.8x-88x1x
Thu, 05 Oct 2023SEK 39.6bSEK 35.7b-SEK 385,937,957.0014.7x-102.7x1.1x
Sat, 02 Sep 2023SEK 45.5bSEK 35.9b-SEK 370,092,496.0015.6x-123x1.3x
Mon, 31 Jul 2023SEK 52.9bSEK 34.2b-SEK 437,066,594.0017.3x-121.1x1.5x
Wed, 28 Jun 2023SEK 50.8bSEK 33.4b-SEK 507,830,246.0016.5x-100.1x1.5x
Fri, 26 May 2023SEK 51.2bSEK 33.4b-SEK 481,498,073.0017.2x-106.3x1.5x
Sun, 23 Apr 2023SEK 58.9bSEK 31.9b-SEK 594,583,394.0022x-99x1.8x
Tue, 21 Mar 2023SEK 64.0bSEK 31.3b-SEK 658,264,675.0024.6x-97.3x2x
Thu, 16 Feb 2023SEK 68.7bSEK 29.2b-SEK 500,095,447.0024.4x-137.3x2.3x
Sat, 14 Jan 2023SEK 67.0bSEK 28.5b-SEK 632,771,540.0026.6x-105.9x2.4x
Price to Earnings Ratio

-105.9x


Total Market Cap: SEK 67.0bTotal Earnings: -SEK 632,771,540.00Total Revenue: SEK 28.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electrical Industry Price to Earnings3Y Average 49.4x202420252026
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 275x which is higher than its 3-year average PE of 49.0x.
  • The 3-year average PS ratio of 1.3x 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 3.3% 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 Market0.026%
Industrials1.11%
Electrical-3.57%
Heavy Electrical Equipment-2.70%
Electrical Components-3.60%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 52.2x.
    • Analysts are expecting annual earnings growth of 28.6%, which is higher than its past year's earnings decline of 42.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 75% 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?

CompanyLast Price7D1YValuation
PLEJD PlejdSEK 668.001.2%
+SEK 89.4m		n/aPE58.8x
SUMMAS Summa Defence OyjSEK 23.602.6%
+SEK 27.4m		n/aPS19.3x
SOLT SolTech Energy SwedenSEK 0.177.8%
+SEK 16.4m		-90.6%PS0.1x
FERRO FerroampSEK 2.067.6%
+SEK 15.6m		-49.4%PS2.3x
HELIO HeliospectraSEK 0.1227.8%
+SEK 6.9m		-70.1%PS1.3x

Latest News

GARO
SEK 17.16
Garo Aktiebolag
7D
0.2%
1Y
-32.2%
PLEJD
SEK 668.00
Plejd
7D
1.2%
1Y
n/a
SUMMAS
SEK 23.60
Summa Defence Oyj
7D
2.6%
1Y
n/a
HTRO
SEK 22.70
Hexatronic Group
7D
-1.5%
1Y
-38.6%

HTRO: Ongoing Acquisitions Will Drive Long Term Upside Potential

Analysts have nudged their Hexatronic Group price target slightly higher to SEK 26.00, citing marginally stronger long term revenue growth and profit margin assumptions, supported by a modestly lower discount rate. What's in the News Management reiterated that acquisitions will remain a strong strategic focus for Hexatronic Group, with the company actively looking for new targets to support its long term ambitions (Investor Update, September).
ACUVI
SEK 16.18
Acuvi
7D
-6.3%
1Y
0.5%
FAG
SEK 39.60
Fagerhult Group
7D
-4.7%
1Y
-27.3%
AQ
SEK 187.50
AQ Group
7D
-4.9%
1Y
30.4%
PCELL
SEK 28.96
PowerCell Sweden
7D
-3.3%
1Y
-24.0%

Risks Still Elevated At These Prices As PowerCell Sweden AB (publ) (STO:PCELL) Shares Dive 26%

Dec 18
Risks Still Elevated At These Prices As PowerCell Sweden AB (publ) (STO:PCELL) Shares Dive 26%
SOLT
SEK 0.17
SolTech Energy Sweden
7D
7.8%
1Y
-90.6%
META
SEK 0.39
Metacon
7D
-2.6%
1Y
200.9%

Metacon AB (publ)'s (STO:META) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Dec 14
Metacon AB (publ)'s (STO:META) Share Price Is Still Matching Investor Opinion Despite 28% Slump
FERRO
SEK 2.06
Ferroamp
7D
7.6%
1Y
-49.4%

The Market Lifts Ferroamp AB (publ) (STO:FERRO) Shares 29% But It Can Do More

Nov 28
The Market Lifts Ferroamp AB (publ) (STO:FERRO) Shares 29% But It Can Do More
HELIO
SEK 0.12
Heliospectra
7D
27.8%
1Y
-70.1%
CLIME B
SEK 3.43
Climeon
7D
1.0%
1Y
-11.9%
INISS B
SEK 50.40
Inission
7D
0.4%
1Y
38.5%
NIUTEC
SEK 0.20
Niutech Group
7D
-21.5%
1Y
-92.8%

Niutech Group AB's (NGM:NIUTEC) Price Is Right But Growth Is Lacking After Shares Rocket 30%

Nov 07
Niutech Group AB's (NGM:NIUTEC) Price Is Right But Growth Is Lacking After Shares Rocket 30%
STW
SEK 30.00
SeaTwirl
7D
-6.3%
1Y
259.3%