New Forecasts: Here's What Analysts Think The Future Holds For Hexatronic Group AB (publ) (STO:HTRO)
Hexatronic Group AB (publ) ( STO:HTRO ) shareholders will have a reason to smile today, with the analysts making...
Swedish (OMX) Electrical Industry Analysis
UpdatedMay 19, 2022
DataAggregated Company Financials
Companies29
- 7D3.3%
- 3M-9.6%
- 1Y-18.1%
- YTD-32.2%
The Electrical industry is up 3.3% in the last week, with AB Fagerhult (publ.) up 7.6%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 44% annually.
Industry Valuation and Performance
Has the Swedish Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 19 May 2022 | kr64.5b | kr24.1b | -kr1,023,162,545.00 | 39.1x |
| Sat, 16 Apr 2022 | kr77.6b | kr22.8b | -kr928,612,088.00 | 59.6x |
| Mon, 14 Mar 2022 | kr70.8b | kr22.7b | -kr1,144,446,105.00 | 49x |
| Wed, 09 Feb 2022 | kr76.9b | kr21.1b | -kr630,415,369.00 | 68.1x |
| Fri, 07 Jan 2022 | kr93.9b | kr21.1b | -kr638,978,157.00 | 90.8x |
| Sun, 05 Dec 2021 | kr89.8b | kr21.1b | -kr655,153,262.00 | 84.6x |
| Tue, 02 Nov 2021 | kr86.2b | kr20.4b | -kr602,933,159.00 | 75.6x |
| Thu, 30 Sep 2021 | kr78.0b | kr19.2b | -kr857,027,495.00 | 58x |
| Sat, 28 Aug 2021 | kr79.6b | kr19.2b | -kr835,086,235.07 | 62.1x |
| Sun, 04 Jul 2021 | kr73.4b | kr19.2b | -kr835,086,235.07 | 52.1x |
| Wed, 07 Apr 2021 | kr62.7b | kr17.6b | kr362.4m | 26.7x |
| Sat, 09 Jan 2021 | kr58.9b | kr17.3b | kr178.0m | 35.3x |
| Fri, 02 Oct 2020 | kr46.6b | kr17.4b | -kr400,326,856.38 | 37.3x |
| Mon, 06 Jul 2020 | kr42.9b | kr17.8b | -kr216,182,489.70 | 34x |
| Thu, 09 Apr 2020 | kr32.3b | kr18.2b | kr299.4m | 22x |
| Wed, 01 Jan 2020 | kr39.3b | kr18.0b | kr407.4m | 27.1x |
| Sat, 05 Oct 2019 | kr35.0b | kr17.2b | kr676.2m | 13.7x |
| Tue, 09 Jul 2019 | kr36.7b | kr16.2b | kr598.6m | 17.5x |
Median PE Ratio
19.6x
Current Industry PE
- Investors are relatively neutral on the 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 39.1x.
Past Earnings Growth
- Total earnings for the Electrical industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 17% per year.
- This means that although more sales are being generated, 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 Market | 2.17% | |
| Industrials | 1.47% | |
| Electrical | 3.25% | |
| Heavy Electrical Equipment | 10.09% | |
| Electrical Components | 2.37% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 39.1x.
- Analysts are expecting annual earnings growth of 38%, which is lower than the prior year's growth of 53% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 78% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 38% 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 | |
|---|---|---|---|---|---|
| FAG AB Fagerhult (publ.) | kr48.30 | 7.6% +kr598.9m | -26.6% | PS17.3x | |
| GARO Garo Aktiebolag | kr136.60 | 3.5% +kr230.0m | 11.4% | PS37.5x | |
| GOGRID SDB Smart Wires Technology | kr13.20 | 19.8% +kr216.6m | -54.4% | PS3.6x | |
| STRLNG Swedish Stirling | kr9.39 | 18.9% +kr191.3m | -46.8% | PS20.5x | |
| PLEJD Plejd | kr283.00 | 5.7% +kr162.7m | -19.9% | PS62.1x |
