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Swedish (OMX) Electrical Industry Analysis

UpdatedApr 13, 2026
DataAggregated Company Financials
Companies18
  • 7D7.3%
  • 3M3.0%
  • 1Y7.4%
  • YTD2.5%

In the last week, the Electrical industry is up 7.3%, with AQ Group up 9.5%. Meanwhile, SeaTwirl actually underperformed within the industry, shrinking 18% in the last week. In the last 12 months, the industry was up 11%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 13 Apr 2026SEK 38.0bSEK 32.4b-SEK 73,960,680.1128.3x-513.8x1.2x
Wed, 11 Mar 2026SEK 34.6bSEK 31.3bSEK 118.3m25.3x292.4x1.1x
Fri, 06 Feb 2026SEK 36.1bSEK 31.4bSEK 134.2m27x269.1x1.2x
Sun, 04 Jan 2026SEK 37.1bSEK 31.4bSEK 133.4m27.7x277.8x1.2x
Tue, 02 Dec 2025SEK 36.8bSEK 31.4bSEK 135.8m25.6x271x1.2x
Thu, 30 Oct 2025SEK 40.1bSEK 31.6b-SEK 81,387,751.2626.8x-492.8x1.3x
Sat, 27 Sep 2025SEK 38.3bSEK 31.5bSEK 91.1m26.5x420.4x1.2x
Mon, 25 Aug 2025SEK 39.5bSEK 31.6bSEK 217.4m23.4x181.7x1.3x
Wed, 23 Jul 2025SEK 38.0bSEK 31.7bSEK 228.1m22.2x166.6x1.2x
Fri, 20 Jun 2025SEK 46.5bSEK 32.9bSEK 399.2m23.9x116.5x1.4x
Sun, 18 May 2025SEK 42.3bSEK 34.0bSEK 219.7m19.2x192.8x1.2x
Tue, 15 Apr 2025SEK 38.5bSEK 34.0bSEK 273.7m17.4x140.6x1.1x
Thu, 13 Mar 2025SEK 41.2bSEK 33.9bSEK 253.9m19.4x162.2x1.2x
Sat, 08 Feb 2025SEK 42.9bSEK 34.4bSEK 411.5m22.6x104.2x1.2x
Mon, 06 Jan 2025SEK 42.1bSEK 34.3bSEK 553.6m22.2x76x1.2x
Wed, 04 Dec 2024SEK 41.5bSEK 34.4bSEK 571.8m19.4x72.7x1.2x
Fri, 01 Nov 2024SEK 44.4bSEK 34.5bSEK 664.9m20.1x66.8x1.3x
Sun, 29 Sep 2024SEK 42.4bSEK 34.1bSEK 789.1m19.1x53.7x1.2x
Tue, 27 Aug 2024SEK 44.0bSEK 34.2bSEK 690.4m22.2x63.7x1.3x
Thu, 25 Jul 2024SEK 45.1bSEK 34.3bSEK 762.4m22.4x59.1x1.3x
Sat, 22 Jun 2024SEK 43.8bSEK 34.6bSEK 923.7m20x47.4x1.3x
Mon, 20 May 2024SEK 42.6bSEK 34.7bSEK 919.6m17.6x46.4x1.2x
Wed, 17 Apr 2024SEK 38.9bSEK 36.0bSEK 1.1b15.4x36.2x1.1x
Fri, 15 Mar 2024SEK 36.9bSEK 36.0bSEK 1.1b15.6x33.4x1x
Sun, 11 Feb 2024SEK 40.5bSEK 36.0bSEK 1.0b19.1x39.9x1.1x
Tue, 09 Jan 2024SEK 40.9bSEK 36.6b-SEK 652,487,866.0019.6x-62.7x1.1x
Thu, 07 Dec 2023SEK 37.5bSEK 36.7b-SEK 429,213,796.0017.1x-87.4x1x
Sat, 04 Nov 2023SEK 36.9bSEK 36.4b-SEK 411,161,373.0015.2x-89.7x1x
Mon, 02 Oct 2023SEK 39.8bSEK 35.7b-SEK 385,833,921.0015x-103.1x1.1x
Wed, 30 Aug 2023SEK 44.1bSEK 35.5b-SEK 399,887,236.0012.9x-110.2x1.2x
Fri, 28 Jul 2023SEK 53.0bSEK 34.2b-SEK 436,610,747.0017.8x-121.3x1.5x
Sun, 25 Jun 2023SEK 51.8bSEK 33.4b-SEK 507,662,624.0016.8x-102.1x1.6x
Tue, 23 May 2023SEK 53.5bSEK 33.4b-SEK 473,507,257.0017.8x-113x1.6x
Thu, 20 Apr 2023SEK 60.0bSEK 31.2b-SEK 655,876,386.0022.8x-91.5x1.9x
Price to Earnings Ratio

-91.5x


Total Market Cap: SEK 60.0bTotal Earnings: -SEK 655,876,386.00Total Revenue: SEK 31.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electrical Industry Price to Earnings3Y Average 79.4x202420252026
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 Market4.42%
Industrials5.89%
Electrical7.26%
Electrical Components7.66%
Heavy Electrical Equipment-8.02%
Industry PE
  • Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio of 56.8x.
    • Analysts are expecting annual earnings growth of 22.9%, which is higher than its past year's earnings decline of 10.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 74% over the next 5 years.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 23% 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
AQ AQ GroupSEK 208.809.5%
+SEK 1.7b		57.0%PE28.3x
HTRO Hexatronic GroupSEK 35.089.5%
+SEK 625.1m		32.8%PS1x
FAG Fagerhult GroupSEK 29.204.8%
+SEK 238.0m		-28.6%PE16.2x
PLEJD PlejdSEK 668.001.2%
+SEK 89.4m		n/aPE58.8x
CTEK CTEKSEK 15.388.6%
+SEK 85.4m		26.5%PE40.9x

Latest News

CTEK
SEK 15.38
CTEK
7D
8.6%
1Y
26.5%
PCELL
SEK 18.40
PowerCell Sweden
7D
-2.0%
1Y
-34.2%

PCELL: Maritime Megawatt Projects Will Support Long-Term Upside Potential

Analysts have kept their PowerCell Sweden fair value estimate steady at SEK 38.5. They point to slightly adjusted assumptions around discount rates, revenue growth, profit margins and future P/E as the basis for the unchanged price target. What's in the News PowerCell joined the MiNaMi project, a €7 million EU funded effort to develop what is described as 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).
HTRO
SEK 35.08
Hexatronic Group
7D
9.5%
1Y
32.8%

HTRO: Execution Risks And Uncertain Earnings Visibility Will Pressure Overvalued Shares

Analysts have kept the Hexatronic Group fair value estimate steady at SEK 28.5 per share. The updated price target is framed by mixed recent research views and supported by modest tweaks to the discount rate and future P/E assumptions.
AQ
SEK 208.80
AQ Group
7D
9.5%
1Y
57.0%

AQ: Future Returns Will Depend On Acquisitions And Gradual Dividend Increases

The analyst price target for AQ Group has shifted slightly higher to SEK204.50 from SEK203.50, with analysts citing updated assumptions for revenue growth, profit margins, and future P/E levels. What's in the News AQ Group AB (publ) has proposed a dividend of SEK 1.80 per share for 2025, compared with SEK 1.60 per share previously, with a proposed record date of April 27, 2026, and expected payment on April 30, 2026 (company announcement).
SUMMAS
SEK 10.44
Summa Defence Oyj
7D
-5.9%
1Y
n/a
STW
SEK 27.95
SeaTwirl
7D
-17.6%
1Y
301.6%
FAG
SEK 29.20
Fagerhult Group
7D
4.8%
1Y
-28.6%
ABSL B
SEK 4.70
Absolicon Solar Collector
7D
-17.5%
1Y
25.3%
MINEST
SEK 0.68
Minesto
7D
-8.8%
1Y
-55.8%
SOLT
SEK 0.15
SolTech Energy Sweden
7D
26.7%
1Y
-94.2%
PLEJD
SEK 668.00
Plejd
7D
1.2%
1Y
n/a
HELIO
SEK 0.09
Heliospectra
7D
-17.4%
1Y
-73.1%
INISS B
SEK 62.40
Inission
7D
4.7%
1Y
80.3%
GOSOL
SEK 0.63
Gosol Energy Group
7D
13.7%
1Y
-25.6%
FERRO
SEK 2.64
Ferroamp
7D
-3.1%
1Y
25.5%
META
SEK 0.28
Metacon
7D
-3.9%
1Y
118.9%