Analysis Article • Jul 09
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Swedish (OMX) Electrical Industry Analysis
UpdatedJul 12, 2026
DataAggregated Company Financials
Companies18
- 7D-5.5%
- 3M-5.2%
- 1Y-13.0%
- YTD-2.2%
Over the last 7 days, the Electrical industry has dropped 5.5%, driven by AQ Group declining 5.8%. Meanwhile, Minesto actually outperformed within the industry, gaining 47% in the last week. The industry has fallen 13% in the last year. Looking forward, earnings are forecast to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Mon, 13 Jul 2026 | SEK 36.6b | SEK 32.3b | -SEK 151,594,315.02 | 25.9x | -241.7x | 1.1x |
| Wed, 10 Jun 2026 | SEK 41.0b | SEK 32.5b | -SEK 270,469,710.92 | 27.9x | -151.5x | 1.3x |
| Fri, 08 May 2026 | SEK 40.2b | SEK 32.1b | -SEK 216,657,409.75 | 35.3x | -185.4x | 1.2x |
| Sun, 05 Apr 2026 | SEK 35.4b | SEK 32.4b | -SEK 74,884,951.56 | 25.9x | -473.2x | 1.1x |
| Tue, 03 Mar 2026 | SEK 35.0b | SEK 31.6b | -SEK 31,196,276.55 | 25.7x | -1122.7x | 1.1x |
| Thu, 29 Jan 2026 | SEK 36.0b | SEK 31.4b | SEK 134.5m | 26x | 267.6x | 1.1x |
| Sat, 27 Dec 2025 | SEK 37.3b | SEK 31.4b | SEK 133.3m | 27.7x | 279.4x | 1.2x |
| Mon, 24 Nov 2025 | SEK 35.6b | SEK 31.6b | SEK 153.2m | 24.7x | 232.5x | 1.1x |
| Wed, 22 Oct 2025 | SEK 36.8b | SEK 31.6b | SEK 99.4m | 25.1x | 369.6x | 1.2x |
| Fri, 19 Sep 2025 | SEK 39.8b | SEK 31.5b | SEK 91.0m | 28.3x | 437.1x | 1.3x |
| Sun, 17 Aug 2025 | SEK 38.0b | SEK 31.7b | SEK 229.2m | 22.9x | 165.7x | 1.2x |
| Tue, 15 Jul 2025 | SEK 38.6b | SEK 31.9b | SEK 266.1m | 22.2x | 144.9x | 1.2x |
| Thu, 12 Jun 2025 | SEK 44.4b | SEK 32.9b | SEK 401.7m | 23.9x | 110.5x | 1.4x |
| Sat, 10 May 2025 | SEK 40.8b | SEK 33.9b | SEK 214.6m | 18.5x | 190.1x | 1.2x |
| Mon, 07 Apr 2025 | SEK 36.3b | SEK 33.9b | SEK 253.4m | 16.4x | 143.4x | 1.1x |
| Wed, 05 Mar 2025 | SEK 40.5b | SEK 34.0b | SEK 134.7m | 21.3x | 300.6x | 1.2x |
| Fri, 31 Jan 2025 | SEK 43.0b | SEK 34.3b | SEK 553.4m | 23.1x | 77.6x | 1.3x |
| Sun, 29 Dec 2024 | SEK 40.7b | SEK 34.3b | SEK 553.5m | 21.5x | 73.5x | 1.2x |
| Tue, 26 Nov 2024 | SEK 42.2b | SEK 34.6b | SEK 581.4m | 20.2x | 72.5x | 1.2x |
| Thu, 24 Oct 2024 | SEK 39.8b | SEK 33.9b | SEK 754.5m | 18.9x | 52.8x | 1.2x |
| Sat, 21 Sep 2024 | SEK 40.9b | SEK 34.1b | SEK 789.1m | 18.7x | 51.8x | 1.2x |
| Mon, 19 Aug 2024 | SEK 43.2b | SEK 34.1b | SEK 716.9m | 20.3x | 60.3x | 1.3x |
| Wed, 17 Jul 2024 | SEK 50.2b | SEK 34.5b | SEK 930.5m | 21.6x | 53.9x | 1.5x |
| Fri, 14 Jun 2024 | SEK 46.2b | SEK 34.6b | SEK 923.6m | 19.3x | 50x | 1.3x |
| Sun, 12 May 2024 | SEK 42.6b | SEK 34.9b | SEK 945.0m | 17.6x | 45.1x | 1.2x |
| Tue, 09 Apr 2024 | SEK 39.5b | SEK 36.0b | SEK 1.1b | 15.5x | 36.7x | 1.1x |
| Thu, 07 Mar 2024 | SEK 37.0b | SEK 36.1b | SEK 1.1b | 16x | 33.6x | 1x |
| Sat, 03 Feb 2024 | SEK 38.8b | SEK 36.3b | -SEK 611,013,654.00 | 19.2x | -63.5x | 1.1x |
| Mon, 01 Jan 2024 | SEK 41.3b | SEK 36.6b | -SEK 652,316,524.00 | 19.2x | -63.4x | 1.1x |
| Wed, 29 Nov 2023 | SEK 36.8b | SEK 36.6b | -SEK 422,404,274.00 | 18x | -87x | 1x |
| Fri, 27 Oct 2023 | SEK 36.4b | SEK 36.2b | -SEK 311,915,999.00 | 13.7x | -116.6x | 1x |
| Sun, 24 Sep 2023 | SEK 39.7b | SEK 35.7b | -SEK 386,465,289.00 | 14.7x | -102.7x | 1.1x |
| Tue, 22 Aug 2023 | SEK 44.3b | SEK 35.0b | -SEK 426,414,913.00 | 13.9x | -104x | 1.3x |
| Thu, 20 Jul 2023 | SEK 54.4b | SEK 34.1b | -SEK 424,927,206.00 | 18.4x | -127.9x | 1.6x |
Price to Earnings Ratio
-127.9x
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 Market | -1.78% | |
| Industrials | -2.92% | |
| Electrical | -5.50% | |
| Heavy Electrical Equipment | 10.34% | |
| Electrical Components | -5.96% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 24.7%, which is higher than its past year's earnings growth of 6.5% per year.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MINEST Minesto | SEK 2.11 | 46.7% +SEK 174.8m | -43.7% | PS24.6x | |
| PLEJD Plejd | SEK 668.00 | 1.2% +SEK 89.4m | n/a | PE58.8x | |
| CLIME B Climeon | SEK 2.80 | 4.9% +SEK 8.2m | -36.0% | PS7.3x | |
| SUMMAS Summa Defence Oyj | SEK 6.53 | 0.5% +SEK 1.4m | -88.2% | PS0.3x | |
| HEXI Hexicon | SEK 0.13 | 0.8% +SEK 363.8k | -24.0% | PS0.5x |
