Even With A 26% Surge, Cautious Investors Are Not Rewarding AQ Group AB (publ)'s (STO:AQ) Performance Completely
May 10
Swedish (OMX) Electrical Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies20
- 7D1.8%
- 3M15.7%
- 1Y-10.9%
- YTD15.3%
In the last week, the Electrical industry is up 1.8%, with Hexatronic Group up 8.3%. In the same time, Fagerhult Group was down 5.4%. However, the industry is down 15% over the past year. Earnings are forecast to grow by 47% 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 |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | kr43.8b | kr34.6b | kr926.4m | 16.6x | 47.3x | 1.3x |
| Sat, 20 Apr 2024 | kr39.5b | kr36.0b | kr1.1b | 15.7x | 35x | 1.1x |
| Mon, 18 Mar 2024 | kr36.7b | kr36.0b | kr1.1b | 16x | 33.3x | 1x |
| Wed, 14 Feb 2024 | kr40.9b | kr35.6b | kr993.7m | 18.7x | 41.1x | 1.1x |
| Fri, 12 Jan 2024 | kr39.9b | kr36.3b | -kr610,867,908.00 | 19x | -65.3x | 1.1x |
| Sun, 10 Dec 2023 | kr38.8b | kr36.7b | -kr429,202,189.00 | 16.7x | -90.4x | 1.1x |
| Tue, 07 Nov 2023 | kr36.2b | kr36.4b | -kr411,150,488.00 | 14.8x | -88x | 1x |
| Thu, 05 Oct 2023 | kr39.6b | kr35.7b | -kr385,937,957.00 | 14.7x | -102.7x | 1.1x |
| Sat, 02 Sep 2023 | kr45.5b | kr35.9b | -kr370,092,496.00 | 15.6x | -123x | 1.3x |
| Mon, 31 Jul 2023 | kr52.9b | kr34.2b | -kr437,066,594.00 | 17.3x | -121.1x | 1.5x |
| Wed, 28 Jun 2023 | kr50.8b | kr33.4b | -kr507,830,246.00 | 16.5x | -100.1x | 1.5x |
| Fri, 26 May 2023 | kr51.2b | kr33.4b | -kr481,498,073.00 | 17.2x | -106.3x | 1.5x |
| Sun, 23 Apr 2023 | kr58.9b | kr31.9b | -kr594,583,394.00 | 22x | -99x | 1.8x |
| Tue, 21 Mar 2023 | kr64.0b | kr31.3b | -kr658,264,675.00 | 24.6x | -97.3x | 2x |
| Thu, 16 Feb 2023 | kr68.7b | kr29.2b | -kr500,095,447.00 | 24.4x | -137.3x | 2.3x |
| Sat, 14 Jan 2023 | kr67.0b | kr28.5b | -kr632,771,540.00 | 26.6x | -105.9x | 2.4x |
| Mon, 12 Dec 2022 | kr71.4b | kr28.4b | -kr607,883,159.00 | 26.2x | -117.4x | 2.5x |
| Wed, 09 Nov 2022 | kr69.1b | kr27.9b | -kr706,900,641.00 | 38.8x | -97.7x | 2.5x |
| Fri, 07 Oct 2022 | kr62.4b | kr26.2b | -kr1,015,273,183.00 | 37.5x | -61.4x | 2.4x |
| Sun, 04 Sep 2022 | kr68.7b | kr26.1b | -kr976,578,271.00 | 36.2x | -70.3x | 2.6x |
| Tue, 02 Aug 2022 | kr80.2b | kr24.6b | -kr1,080,451,542.00 | 41.1x | -74.3x | 3.3x |
| Thu, 30 Jun 2022 | kr62.3b | kr24.2b | -kr1,054,186,020.00 | 35.5x | -59.1x | 2.6x |
| Sat, 28 May 2022 | kr67.9b | kr24.2b | -kr1,036,797,152.00 | 40.2x | -65.5x | 2.8x |
| Mon, 25 Apr 2022 | kr75.1b | kr23.2b | -kr960,030,156.00 | 58.1x | -78.2x | 3.2x |
| Wed, 23 Mar 2022 | kr72.5b | kr22.7b | -kr1,121,910,054.00 | 53.2x | -64.6x | 3.2x |
| Fri, 18 Feb 2022 | kr73.7b | kr21.2b | -kr599,105,537.00 | 58.2x | -122.9x | 3.5x |
| Sun, 16 Jan 2022 | kr82.0b | kr21.1b | -kr627,519,405.00 | 68.1x | -130.6x | 3.9x |
| Tue, 14 Dec 2021 | kr89.6b | kr21.1b | -kr650,066,490.00 | 84.1x | -137.9x | 4.3x |
| Thu, 11 Nov 2021 | kr93.6b | kr20.7b | -kr578,273,288.00 | 83.8x | -161.8x | 4.5x |
| Sat, 09 Oct 2021 | kr71.3b | kr19.2b | -kr852,730,122.00 | 61x | -83.6x | 3.7x |
| Mon, 06 Sep 2021 | kr82.7b | kr19.2b | -kr835,087,038.07 | 63x | -99x | 4.3x |
| Wed, 04 Aug 2021 | kr75.0b | kr19.2b | -kr835,086,235.07 | 54.8x | -89.8x | 3.9x |
Price to Earnings Ratio
179.5x
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 47.5x which is higher than its 3-year average PE of -74.5x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | 0.50% | |
| Industrials | 0.97% | |
| Electrical | 1.75% | |
| Heavy Electrical Equipment | 6.17% | |
| Electrical Components | 1.65% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 78.1x.
- Analysts are expecting annual earnings growth of 44.1%, which is higher than its past year's earnings growth of 12.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 114% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 44% 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 | |
|---|---|---|---|---|---|
| HTRO Hexatronic Group | kr44.32 | 6.5% +kr546.1m | -31.7% | PE13.1x | |
| FAG Fagerhult Group | kr72.70 | 2.7% +kr334.7m | 11.5% | PE24.4x | |
| META Metacon | kr0.39 | 72.4% +kr112.7m | -58.8% | PS5.2x | |
| GARO Garo Aktiebolag | kr31.70 | 3.4% +kr52.5m | -52.4% | PE634x | |
| FERRO Ferroamp | kr13.32 | 5.7% +kr22.2m | -46.5% | PS1.2x |
