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May 12
Swedish (OMX) Electrical Industry Analysis
UpdatedMay 30, 2023
DataAggregated Company Financials
Companies28
- 7D-3.1%
- 3M-22.7%
- 1Y-30.5%
- YTD-24.1%
Over the last 7 days, the Electrical industry has dropped 3.1%, driven by Hexatronic Group declining 4.3%. In contrast, CTEK has gained 10%. Overall the industry is down 30% in 12 months. Earnings are forecast to grow by 38% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | kr51.9b | kr33.4b | -kr495,345,893.00 | 17.2x | -104.8x | 1.6x |
| Thu, 27 Apr 2023 | kr58.0b | kr32.1b | -kr556,139,184.00 | 21.3x | -104.2x | 1.8x |
| Sat, 25 Mar 2023 | kr63.5b | kr31.3b | -kr653,985,609.00 | 24.4x | -97.1x | 2x |
| Mon, 20 Feb 2023 | kr68.0b | kr29.8b | -kr729,979,412.00 | 23.9x | -93.2x | 2.3x |
| Wed, 18 Jan 2023 | kr65.8b | kr28.5b | -kr632,819,218.00 | 26x | -103.9x | 2.3x |
| Fri, 16 Dec 2022 | kr70.3b | kr28.5b | -kr628,711,695.00 | 26x | -111.8x | 2.5x |
| Sun, 13 Nov 2022 | kr70.8b | kr27.9b | -kr966,325,160.00 | 41.7x | -73.3x | 2.5x |
| Tue, 11 Oct 2022 | kr59.6b | kr26.2b | -kr1,031,130,681.00 | 34.9x | -57.8x | 2.3x |
| Thu, 08 Sep 2022 | kr68.3b | kr26.2b | -kr986,178,994.00 | 35.4x | -69.2x | 2.6x |
| Sat, 06 Aug 2022 | kr78.9b | kr24.7b | -kr1,090,066,067.00 | 40.8x | -72.4x | 3.2x |
| Mon, 04 Jul 2022 | kr62.7b | kr24.2b | -kr1,063,748,380.00 | 34.7x | -59x | 2.6x |
| Wed, 01 Jun 2022 | kr69.9b | kr24.2b | -kr1,027,248,142.00 | 40.8x | -68.1x | 2.9x |
| Fri, 29 Apr 2022 | kr69.6b | kr23.2b | -kr950,759,913.00 | 53.3x | -73.2x | 3x |
| Sun, 27 Mar 2022 | kr68.9b | kr22.8b | -kr919,260,149.00 | 48x | -75x | 3x |
| Tue, 22 Feb 2022 | kr65.2b | kr21.5b | -kr712,530,778.00 | 51.8x | -91.5x | 3x |
| Thu, 20 Jan 2022 | kr78.5b | kr21.1b | -kr635,787,024.00 | 65.6x | -123.5x | 3.7x |
| Sat, 18 Dec 2021 | kr87.6b | kr21.1b | -kr634,853,206.00 | 82.4x | -137.9x | 4.1x |
| Mon, 15 Nov 2021 | kr96.6b | kr20.8b | -kr621,490,133.00 | 89.6x | -155.4x | 4.7x |
| Wed, 13 Oct 2021 | kr78.9b | kr19.2b | -kr858,026,615.00 | 62.4x | -92x | 4.1x |
| Fri, 10 Sep 2021 | kr80.2b | kr19.2b | -kr835,087,038.07 | 61.5x | -96x | 4.2x |
| Sun, 08 Aug 2021 | kr74.1b | kr19.2b | -kr835,086,235.07 | 56.8x | -88.7x | 3.9x |
| Sat, 01 May 2021 | kr65.3b | kr17.6b | kr362.4m | 36.9x | 180.1x | 3.7x |
| Tue, 02 Feb 2021 | kr67.1b | kr17.3b | kr178.0m | 38x | 376.7x | 3.9x |
| Fri, 06 Nov 2020 | kr45.9b | kr17.4b | -kr400,326,856.38 | 34.5x | -114.5x | 2.6x |
| Mon, 10 Aug 2020 | kr43.6b | kr17.8b | -kr216,182,489.70 | 39.4x | -201.6x | 2.5x |
Price to Earnings Ratio
129.8x
Current Industry PE
- Investors are pessimistic on the Swedish Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.6x.
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 22% 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 | -2.06% | |
| Industrials | -2.04% | |
| Electrical | -3.06% | |
| Heavy Electrical Equipment | 1.06% | |
| Electrical Components | -3.21% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 102x.
- Analysts are expecting annual earnings growth of 34.8%, which is higher than its past year's earnings growth of 25.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 100% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 35% 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 | |
|---|---|---|---|---|---|
| CTEK CTEK | kr21.76 | 10.1% +kr140.0m | -74.8% | PS1.6x | |
| META Metacon | kr1.12 | 7.7% +kr27.4m | -62.2% | PS5.7x | |
| HEXI Hexicon | kr0.88 | 8.9% +kr26.2m | -57.9% | PS22.7x | |
| SOLT SolTech Energy Sweden | kr12.39 | 1.3% +kr21.0m | -37.2% | PS0.7x | |
| PSCAND Permascand Top Holding | kr9.30 | 3.3% +kr17.8m | -73.7% | PE8.7x |
