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Swedish (OMX) Electrical Industry Analysis
UpdatedFeb 15, 2025
DataAggregated Company Financials
Companies20
- 7D2.3%
- 3M0.8%
- 1Y0.2%
- YTD4.3%
The Electrical industry is up 2.3% in the last week, with AQ Group up 8.8%. Meanwhile, Hexatronic Group actually underperformed within the industry, shrinking 7.0% in the last week. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 28% 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, 16 Feb 2025 | SEK 43.9b | SEK 34.4b | SEK 466.3m | 22.2x | 94.1x | 1.3x |
| Tue, 14 Jan 2025 | SEK 40.1b | SEK 34.3b | SEK 553.2m | 21.7x | 72.5x | 1.2x |
| Thu, 12 Dec 2024 | SEK 42.3b | SEK 34.3b | SEK 553.2m | 22.6x | 76.5x | 1.2x |
| Sat, 09 Nov 2024 | SEK 44.4b | SEK 34.5b | SEK 589.2m | 21.2x | 75.4x | 1.3x |
| Mon, 07 Oct 2024 | SEK 39.8b | SEK 34.1b | SEK 789.1m | 17.9x | 50.4x | 1.2x |
| Wed, 04 Sep 2024 | SEK 42.2b | SEK 34.1b | SEK 692.8m | 22.5x | 60.9x | 1.2x |
| Fri, 02 Aug 2024 | SEK 44.5b | SEK 34.2b | SEK 745.4m | 21.7x | 59.7x | 1.3x |
| Sun, 30 Jun 2024 | SEK 44.4b | SEK 34.6b | SEK 923.6m | 20.2x | 48.1x | 1.3x |
| Tue, 28 May 2024 | SEK 44.1b | SEK 34.6b | SEK 907.4m | 20.3x | 48.6x | 1.3x |
| Thu, 25 Apr 2024 | SEK 40.5b | SEK 36.0b | SEK 1.2b | 16.9x | 35x | 1.1x |
| Sat, 23 Mar 2024 | SEK 39.0b | SEK 36.1b | SEK 1.1b | 15.5x | 35.4x | 1.1x |
| Mon, 19 Feb 2024 | SEK 40.7b | SEK 36.1b | SEK 919.3m | 20.7x | 44.2x | 1.1x |
| Wed, 17 Jan 2024 | SEK 39.0b | SEK 36.3b | -SEK 611,070,868.00 | 18.7x | -63.9x | 1.1x |
| Fri, 15 Dec 2023 | SEK 39.3b | SEK 36.6b | -SEK 652,506,315.00 | 16.6x | -60.3x | 1.1x |
| Sun, 12 Nov 2023 | SEK 35.5b | SEK 36.3b | -SEK 516,912,315.00 | 15.3x | -68.6x | 1x |
| Tue, 10 Oct 2023 | SEK 38.1b | SEK 35.7b | -SEK 385,907,250.00 | 14.9x | -98.8x | 1.1x |
| Thu, 07 Sep 2023 | SEK 44.6b | SEK 35.7b | -SEK 382,617,093.00 | 15.3x | -116.6x | 1.2x |
| Sat, 05 Aug 2023 | SEK 51.9b | SEK 34.2b | -SEK 437,187,604.00 | 16.8x | -118.8x | 1.5x |
| Mon, 03 Jul 2023 | SEK 54.7b | SEK 33.4b | -SEK 508,025,735.00 | 18.3x | -107.7x | 1.6x |
| Wed, 31 May 2023 | SEK 52.4b | SEK 33.4b | -SEK 498,927,065.00 | 17.5x | -105x | 1.6x |
| Fri, 28 Apr 2023 | SEK 56.0b | SEK 32.1b | -SEK 483,474,300.00 | 20.2x | -115.9x | 1.7x |
| Sun, 26 Mar 2023 | SEK 63.5b | SEK 31.3b | -SEK 661,607,618.00 | 24.4x | -96x | 2x |
| Tue, 21 Feb 2023 | SEK 68.0b | SEK 29.8b | -SEK 723,783,626.00 | 23.9x | -94x | 2.3x |
| Thu, 19 Jan 2023 | SEK 67.2b | SEK 28.5b | -SEK 626,908,226.00 | 26.5x | -107.1x | 2.4x |
| Sat, 17 Dec 2022 | SEK 69.0b | SEK 28.5b | -SEK 633,350,285.00 | 25.6x | -108.9x | 2.4x |
| Mon, 14 Nov 2022 | SEK 70.8b | SEK 28.0b | -SEK 949,181,160.00 | 41.7x | -74.6x | 2.5x |
| Wed, 12 Oct 2022 | SEK 58.7b | SEK 26.2b | -SEK 1,030,744,100.00 | 34.9x | -56.9x | 2.2x |
| Fri, 09 Sep 2022 | SEK 68.8b | SEK 26.2b | -SEK 982,547,546.00 | 36.5x | -70.1x | 2.6x |
| Sun, 07 Aug 2022 | SEK 78.9b | SEK 24.7b | -SEK 1,090,066,067.00 | 40.8x | -72.4x | 3.2x |
| Tue, 05 Jul 2022 | SEK 61.2b | SEK 24.2b | -SEK 1,064,534,517.00 | 35.3x | -57.5x | 2.5x |
| Thu, 02 Jun 2022 | SEK 68.1b | SEK 24.2b | -SEK 1,032,253,725.00 | 39.9x | -66x | 2.8x |
| Sat, 30 Apr 2022 | SEK 71.2b | SEK 23.2b | -SEK 949,837,063.00 | 53.7x | -75x | 3.1x |
| Mon, 28 Mar 2022 | SEK 68.9b | SEK 22.8b | -SEK 919,260,149.00 | 48x | -75x | 3x |
| Wed, 23 Feb 2022 | SEK 66.4b | SEK 21.6b | -SEK 726,255,144.00 | 53.1x | -91.5x | 3.1x |
Price to Earnings Ratio
-91.5x
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 94.1x which is higher than its 3-year average PE of -39.3x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
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 17% 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 | 2.63% | |
| Industrials | 3.96% | |
| Electrical | 2.35% | |
| Heavy Electrical Equipment | 17.80% | |
| Electrical Components | 2.12% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry, which is trading close to its 3-year average PE ratio of 62.8x.
- Analysts are expecting annual earnings growth of 26.0%, 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 151% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 26% 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 | |
|---|---|---|---|---|---|
| AQ AQ Group | SEK 172.92 | 8.8% +SEK 1.3b | 48.8% | PE23.8x | |
| PLEJD Plejd | SEK 465.00 | 4.3% +SEK 212.4m | n/a | PE49.7x | |
| PCELL PowerCell Sweden | SEK 33.76 | 8.9% +SEK 159.8m | -2.5% | PS5.8x | |
| MINEST Minesto | SEK 2.55 | 32.6% +SEK 121.3m | -60.0% | PS18.8x | |
| MERIS Meriaura Group Oyj | SEK 0.69 | 15.0% +SEK 78.0m | 37.7% | PS0.7x |
