Returns On Capital At SolTech Energy Sweden (STO:SOLT) Have Hit The Brakes
Jul 15
Swedish (OMX) Electrical Industry Analysis
UpdatedAug 02, 2024
DataAggregated Company Financials
Companies20
- 7D-0.5%
- 3M9.5%
- 1Y-12.0%
- YTD16.7%
Over the last 7 days, the Electrical industry has remained flat, although notably Hexatronic Group gained 5.3%. Unfortunately though, the industry is down 12% over the past 12 months. As for the next few years, earnings are expected to grow by 51% 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 |
|---|---|---|---|---|---|---|
| Sat, 03 Aug 2024 | SEK 44.5b | SEK 34.2b | SEK 745.4m | 21.7x | 59.7x | 1.3x |
| Mon, 01 Jul 2024 | SEK 44.4b | SEK 34.6b | SEK 923.6m | 20.2x | 48.1x | 1.3x |
| Wed, 29 May 2024 | SEK 44.7b | SEK 34.6b | SEK 907.4m | 20.2x | 49.2x | 1.3x |
| Fri, 26 Apr 2024 | SEK 39.5b | SEK 36.0b | SEK 1.2b | 16.8x | 34.1x | 1.1x |
| Sun, 24 Mar 2024 | SEK 39.0b | SEK 36.1b | SEK 1.1b | 15.5x | 35.4x | 1.1x |
| Tue, 20 Feb 2024 | SEK 39.7b | SEK 36.1b | SEK 919.4m | 20.8x | 43.2x | 1.1x |
| Thu, 18 Jan 2024 | SEK 38.4b | SEK 36.4b | -SEK 611,093,985.00 | 18.5x | -62.8x | 1.1x |
| Sat, 16 Dec 2023 | SEK 40.4b | SEK 36.6b | -SEK 652,450,282.00 | 16.7x | -61.9x | 1.1x |
| Mon, 13 Nov 2023 | SEK 35.5b | SEK 36.3b | -SEK 516,912,315.00 | 15.3x | -68.6x | 1x |
| Wed, 11 Oct 2023 | SEK 39.5b | SEK 35.7b | -SEK 385,781,514.00 | 15.3x | -102.3x | 1.1x |
| Fri, 08 Sep 2023 | SEK 43.6b | SEK 35.7b | -SEK 382,594,494.00 | 15.3x | -114x | 1.2x |
| Sun, 06 Aug 2023 | SEK 51.9b | SEK 34.2b | -SEK 437,172,841.00 | 16.8x | -118.8x | 1.5x |
| Tue, 04 Jul 2023 | SEK 54.3b | SEK 33.4b | -SEK 508,252,863.00 | 18.4x | -106.7x | 1.6x |
| Thu, 01 Jun 2023 | SEK 51.9b | SEK 33.4b | -SEK 497,791,201.00 | 17.7x | -104.2x | 1.6x |
| Sat, 29 Apr 2023 | SEK 56.8b | SEK 32.8b | -SEK 376,174,558.00 | 19.3x | -151x | 1.7x |
| Mon, 27 Mar 2023 | SEK 63.5b | SEK 31.3b | -SEK 661,607,618.00 | 24.4x | -96x | 2x |
| Wed, 22 Feb 2023 | SEK 67.0b | SEK 29.8b | -SEK 724,375,622.00 | 23.3x | -92.5x | 2.2x |
| Fri, 20 Jan 2023 | SEK 66.3b | SEK 28.5b | -SEK 628,020,362.00 | 26.3x | -105.6x | 2.3x |
| Sun, 18 Dec 2022 | SEK 69.0b | SEK 28.5b | -SEK 633,334,383.00 | 25.6x | -108.9x | 2.4x |
| Tue, 15 Nov 2022 | SEK 69.8b | SEK 28.0b | -SEK 955,593,337.00 | 41.7x | -73x | 2.5x |
| Thu, 13 Oct 2022 | SEK 59.4b | SEK 26.2b | -SEK 1,031,536,449.00 | 34.9x | -57.6x | 2.3x |
| Sat, 10 Sep 2022 | SEK 70.0b | SEK 26.2b | -SEK 974,224,960.00 | 37.4x | -71.9x | 2.7x |
| Mon, 08 Aug 2022 | SEK 78.9b | SEK 24.7b | -SEK 1,090,066,067.00 | 40.8x | -72.4x | 3.2x |
| Wed, 06 Jul 2022 | SEK 61.3b | SEK 24.2b | -SEK 1,077,959,992.00 | 35.8x | -56.9x | 2.5x |
| Fri, 03 Jun 2022 | SEK 68.1b | SEK 24.2b | -SEK 1,032,253,725.00 | 39.9x | -66x | 2.8x |
| Sun, 01 May 2022 | SEK 71.2b | SEK 23.2b | -SEK 949,837,063.00 | 53.7x | -75x | 3.1x |
| Tue, 29 Mar 2022 | SEK 70.8b | SEK 22.8b | -SEK 925,843,669.00 | 50.2x | -76.4x | 3.1x |
| Thu, 24 Feb 2022 | SEK 66.4b | SEK 21.6b | -SEK 726,255,144.00 | 52.9x | -91.4x | 3.1x |
| Sat, 22 Jan 2022 | SEK 78.3b | SEK 21.1b | -SEK 643,288,956.00 | 65.6x | -121.7x | 3.7x |
| Mon, 20 Dec 2021 | SEK 87.6b | SEK 21.1b | -SEK 634,853,206.00 | 82.4x | -137.9x | 4.1x |
| Wed, 17 Nov 2021 | SEK 96.1b | SEK 20.7b | -SEK 627,485,490.00 | 84.8x | -153.2x | 4.6x |
| Fri, 15 Oct 2021 | SEK 83.7b | SEK 19.2b | -SEK 845,026,280.00 | 62.9x | -99x | 4.4x |
| Sun, 12 Sep 2021 | SEK 80.2b | SEK 19.2b | -SEK 835,087,038.07 | 61.5x | -96x | 4.2x |
| Tue, 10 Aug 2021 | SEK 74.2b | SEK 19.2b | -SEK 835,086,235.07 | 54.4x | -88.9x | 3.9x |
Price to Earnings Ratio
-88.9x
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 59.7x which is higher than its 3-year average PE of -72.7x.
- The 3-year average PS ratio of 2.3x 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 21% 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 | -0.60% | |
| Industrials | -0.51% | |
| Electrical | -0.52% | |
| Electrical Components | -0.45% | |
| Heavy Electrical Equipment | -3.20% | |
Industry PE
- Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 74.8x.
- Analysts are expecting annual earnings growth of 48.1%, which is higher than its past year's earnings decline of 14.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 105% over the next 5 years.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 48% 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 | SEK 58.64 | -1.0% SEK 17.6m | -26.3% | PE23.3x | |
| MERIS Meriaura Group Oyj | SEK 0.40 | 2.1% +SEK 6.9m | -48.7% | PS0.4x | |
| ACUVI Acuvi | SEK 13.70 | 1.5% +SEK 5.9m | -14.7% | PS1.9x | |
| PSCAND Permascand Top Holding | SEK 17.00 | 0.3% +SEK 3.0m | -22.7% | PE77.6x | |
| HEXI Hexicon | SEK 0.53 | 1.1% +SEK 2.2m | -37.6% | PS40x |
