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Swedish (OMX) Electrical Industry Analysis

UpdatedMay 28, 2026
DataAggregated Company Financials
Companies19
  • 7D2.5%
  • 3M22.3%
  • 1Y7.0%
  • YTD14.5%

Over the last 7 days, the Electrical industry has risen 2.5%, driven by gains from AQ Group of 3.7%. This takes the industry's 12 month performance to a gain of 7.0%. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 May 2026SEK 43.0bSEK 32.5b-SEK 267,673,535.0829.1x-160.5x1.3x
Sat, 25 Apr 2026SEK 38.9bSEK 32.4b-SEK 83,311,389.5928.9x-467.1x1.2x
Mon, 23 Mar 2026SEK 34.4bSEK 31.3bSEK 117.6m24.7x292.5x1.1x
Wed, 18 Feb 2026SEK 34.4bSEK 31.6bSEK 29.4m24.4x1171.8x1.1x
Fri, 16 Jan 2026SEK 36.6bSEK 31.4bSEK 133.8m27x273.6x1.2x
Sun, 14 Dec 2025SEK 36.5bSEK 31.4bSEK 133.0m27.3x274.4x1.2x
Tue, 11 Nov 2025SEK 37.5bSEK 31.6bSEK 84.6m25.9x442.9x1.2x
Thu, 09 Oct 2025SEK 37.2bSEK 31.5bSEK 91.3m25.8x407.2x1.2x
Sat, 06 Sep 2025SEK 38.3bSEK 31.4bSEK 91.2m25.7x420.2x1.2x
Mon, 04 Aug 2025SEK 38.2bSEK 31.7bSEK 228.1m22.1x167.7x1.2x
Wed, 02 Jul 2025SEK 39.1bSEK 32.0bSEK 272.3m22x143.7x1.2x
Fri, 30 May 2025SEK 43.9bSEK 33.9bSEK 227.3m21.2x193.1x1.3x
Sun, 27 Apr 2025SEK 40.4bSEK 34.1bSEK 267.2m19x151.1x1.2x
Tue, 25 Mar 2025SEK 41.9bSEK 33.9bSEK 255.6m19x164.1x1.2x
Thu, 20 Feb 2025SEK 44.2bSEK 34.2bSEK 483.2m22.3x91.6x1.3x
Sat, 18 Jan 2025SEK 42.8bSEK 34.3bSEK 553.3m23.3x77.4x1.2x
Mon, 16 Dec 2024SEK 41.8bSEK 34.3bSEK 553.3m22.3x75.5x1.2x
Wed, 13 Nov 2024SEK 44.0bSEK 34.5bSEK 530.6m19.5x82.9x1.3x
Fri, 11 Oct 2024SEK 39.4bSEK 34.1bSEK 789.1m17.7x50x1.2x
Sun, 08 Sep 2024SEK 41.3bSEK 34.1bSEK 761.4m19.3x54.2x1.2x
Tue, 06 Aug 2024SEK 41.2bSEK 34.2bSEK 745.4m21.2x55.3x1.2x
Thu, 04 Jul 2024SEK 44.5bSEK 34.6bSEK 923.6m20x48.2x1.3x
Sat, 01 Jun 2024SEK 44.4bSEK 34.6bSEK 907.4m20x48.9x1.3x
Mon, 29 Apr 2024SEK 40.7bSEK 35.6bSEK 994.6m17.2x40.9x1.1x
Wed, 27 Mar 2024SEK 39.2bSEK 36.1bSEK 1.1b15.5x35.5x1.1x
Fri, 23 Feb 2024SEK 39.3bSEK 35.6bSEK 1.1b18.5x36x1.1x
Sun, 21 Jan 2024SEK 38.1bSEK 36.4b-SEK 611,181,496.0017.9x-62.3x1x
Tue, 19 Dec 2023SEK 40.4bSEK 36.6b-SEK 652,385,977.0016.7x-61.9x1.1x
Thu, 16 Nov 2023SEK 36.7bSEK 36.4b-SEK 570,217,377.0021.1x-64.4x1x
Sat, 14 Oct 2023SEK 37.9bSEK 35.7b-SEK 387,183,802.0013.7x-97.8x1.1x
Mon, 11 Sep 2023SEK 43.5bSEK 35.7b-SEK 382,577,240.0014.8x-113.6x1.2x
Wed, 09 Aug 2023SEK 49.7bSEK 34.2b-SEK 437,597,434.0016.6x-113.7x1.5x
Fri, 07 Jul 2023SEK 53.5bSEK 33.5b-SEK 503,257,990.0017.6x-106.3x1.6x
Sun, 04 Jun 2023SEK 52.7bSEK 33.4b-SEK 507,189,710.0017.9x-103.8x1.6x
Price to Earnings Ratio

-103.8x


Total Market Cap: SEK 52.7bTotal Earnings: -SEK 507,189,710.00Total Revenue: SEK 33.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electrical Industry Price to Earnings3Y Average 69.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Electrical 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 PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have improved over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.

Industry Trends

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

SE Market1.32%
Industrials2.18%
Electrical2.48%
Heavy Electrical Equipment5.67%
Electrical Components2.41%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 80% over the next 5 years.
    • In contrast, the Electrical Components industry is expected to see its earnings grow by 25% 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
    		PCELL PowerCell SwedenSEK 33.1420.4%
    +SEK 325.4m    		38.2%PS5.4x
    		HTRO Hexatronic GroupSEK 44.351.0%
    +SEK 101.9m    		66.8%PS1.3x
    		STW SeaTwirlSEK 44.8055.0%
    +SEK 95.1m    		34.1%PS71.8x
    		PLEJD PlejdSEK 668.001.2%
    +SEK 89.4m    		n/aPE58.8x
    		CTEK CTEKSEK 15.007.3%
    +SEK 71.4m    		-9.3%PE30.2x

    Latest News

    CTEK
    SEK 15.00
    CTEK
    7D
    7.3%
    1Y
    -9.3%
    AQ
    SEK 237.60
    AQ Group
    7D
    0.3%
    1Y
    32.0%
    Narrative Update • May 17

    AQ: Future Returns Will Rely On Dividend Payouts And Stable Earnings Multiples

    Analysts have nudged their AQ Group fair value estimate to SEK212 from SEK210, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E. What's in the News AQ Group AB shareholders approved a total dividend of SEK 165,119,022, equal to SEK 1.80 per share, at the annual general meeting held on April 23, 2026 (Key Developments).
    PCELL
    SEK 33.14
    PowerCell Sweden
    7D
    20.4%
    1Y
    38.2%
    Narrative Update • May 15

    PCELL: EU Maritime Fuel Cell Project Will Drive Long Term Upside Potential

    Analysts have trimmed their price target for PowerCell Sweden from SEK 33.00 to SEK 32.00, reflecting updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples. What's in the News PowerCell Group joined the MiNaMi project, a €7 million EU funded initiative to develop Europe's first megawatt scale PEM fuel cell system for maritime use, targeting operation towards 80,000 hours and more than one million nautical miles at 12.5 knots (Key Developments).
    GARO
    SEK 13.90
    Garo Aktiebolag
    7D
    10.7%
    1Y
    -31.9%
    HTRO
    SEK 44.35
    Hexatronic Group
    7D
    1.0%
    1Y
    66.8%
    Narrative Update • May 14

    HTRO: Higher Future P/E Reliance Will Likely Undermine Equity Offering Upside

    Analysts have raised their Hexatronic Group price target from SEK 32.00 to SEK 37.00, citing updated views on growth, margins and acceptable future P/E levels reflected in recent research shifts. Analyst Commentary Recent research views on Hexatronic Group have not been one sided, with both more constructive and more cautious voices reflected in formal rating changes and price target updates.
    GOSOL
    SEK 0.62
    Gosol Energy Group
    7D
    -13.0%
    1Y
    -31.4%
    SUMMAS
    SEK 5.78
    Summa Defence Oyj
    7D
    -39.2%
    1Y
    n/a
    HELIO
    SEK 0.10
    Heliospectra
    7D
    -7.4%
    1Y
    -60.3%
    CLIME B
    SEK 2.78
    Climeon
    7D
    -0.7%
    1Y
    -28.7%
    ACUVI
    SEK 12.92
    Acuvi
    7D
    10.6%
    1Y
    -29.3%
    STW
    SEK 44.80
    SeaTwirl
    7D
    55.0%
    1Y
    34.1%
    SOLT
    SEK 0.33
    SolTech Energy Sweden
    7D
    -1.2%
    1Y
    -85.1%
    PLEJD
    SEK 668.00
    Plejd
    7D
    1.2%
    1Y
    n/a