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Swedish (OMX) Electrical Industry Analysis

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies18
  • 7D7.1%
  • 3M-4.7%
  • 1Y-7.2%
  • YTD2.7%

Over the last 7 days, the Electrical industry has risen 7.1%, driven by gains from Hexatronic Group of 29%. Meanwhile, Minesto actually underperformed within the industry, shrinking 8.2% in the last week. However, the industry is down 7.2% over the past year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026SEK 38.5bSEK 32.8b-SEK 153,246,378.4425.4x-251.2x1.2x
Thu, 18 Jun 2026SEK 40.3bSEK 32.4b-SEK 218,053,730.0126.7x-184.6x1.2x
Sat, 16 May 2026SEK 41.7bSEK 32.5b-SEK 271,619,286.2627.7x-153.4x1.3x
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
Price to Earnings Ratio

-121.3x


Total Market Cap: SEK 53.0bTotal Earnings: -SEK 436,610,747.00Total Revenue: SEK 34.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electrical Industry Price to Earnings3Y Average 65.7x202420252026
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-0.20%
Industrials0.33%
Electrical7.05%
Electrical Components7.48%
Heavy Electrical Equipment-5.60%
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 25.8%, which is higher than its past year's earnings decline of 8.9% 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 26% 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
HTRO Hexatronic GroupSEK 40.5218.5%
+SEK 1.4b		105.1%PE195x
PLEJD PlejdSEK 668.001.2%
+SEK 89.4m		n/aPE58.8x
CTEK CTEKSEK 14.369.8%
+SEK 89.6m		-6.5%PE25.2x
ACUVI AcuviSEK 12.041.7%
+SEK 6.7m		-36.2%PS2x
CLIME B ClimeonSEK 2.681.9%
+SEK 3.2m		-34.6%PS7.5x

Latest News

AQ
SEK 209.20
AQ Group
7D
-7.0%
1Y
10.1%
HTRO
SEK 40.52
Hexatronic Group
7D
18.5%
1Y
105.1%
Analysis Article • Jul 19

Hexatronic Group AB (publ) (STO:HTRO) Just Beat Earnings: Here's What Analysts Think Will Happen Next

A week ago, Hexatronic Group AB (publ) ( STO:HTRO ) came out with a strong set of quarterly numbers that could...
PCELL
SEK 20.00
PowerCell Sweden
7D
-5.8%
1Y
-43.3%
CTEK
SEK 14.36
CTEK
7D
9.8%
1Y
-6.5%
FAG
SEK 17.00
Fagerhult Group
7D
-4.2%
1Y
-54.3%
Narrative Update • Jul 16

FAG: Fair Value Cut And Margin Assumptions Will Shape Future Returns

Analysts have trimmed their fair value estimate for Fagerhult Group from SEK 23 to SEK 19, citing updated assumptions for revenue growth, profit margins and a slightly lower future P/E multiple. What’s in the News for Fagerhult Group No recent company specific news items were identified in the provided sources for Fagerhult Group.
CLIME B
SEK 2.68
Climeon
7D
1.9%
1Y
-34.6%
INISS B
SEK 67.40
Inission
7D
-2.3%
1Y
83.7%
META
SEK 0.18
Metacon
7D
-4.8%
1Y
-33.8%
SUMMAS
SEK 6.10
Summa Defence Oyj
7D
-4.7%
1Y
-87.9%
ACUVI
SEK 12.04
Acuvi
7D
1.7%
1Y
-36.2%
MINEST
SEK 1.75
Minesto
7D
-18.9%
1Y
-50.8%
Analysis Article • Jun 25

We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
PLEJD
SEK 668.00
Plejd
7D
1.2%
1Y
n/a
FERRO
SEK 2.95
Ferroamp
7D
-3.0%
1Y
162.2%
GARO
SEK 11.18
Garo Aktiebolag
7D
0.4%
1Y
-44.1%
STW
SEK 36.20
SeaTwirl
7D
1.0%
1Y
-24.6%