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Swedish (OMX) Electrical Industry Analysis

UpdatedAug 26, 2024
DataAggregated Company Financials
Companies20
  • 7D1.2%
  • 3M-0.6%
  • 1Y3.9%
  • YTD15.4%

Over the last 7 days, the Electrical industry has risen 1.2%, driven by gains from Hexatronic Group of 8.9%. This means that the industry has gained 3.9% over the past year. Earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Aug 2024SEK 44.0bSEK 34.2bSEK 688.8m21.7x63.8x1.3x
Wed, 24 Jul 2024SEK 45.3bSEK 34.3bSEK 762.4m22.7x59.4x1.3x
Fri, 21 Jun 2024SEK 43.8bSEK 34.6bSEK 923.7m20x47.4x1.3x
Sun, 19 May 2024SEK 42.6bSEK 34.7bSEK 919.6m17.6x46.4x1.2x
Tue, 16 Apr 2024SEK 39.0bSEK 36.0bSEK 1.1b15.4x36.2x1.1x
Thu, 14 Mar 2024SEK 37.4bSEK 36.0bSEK 1.1b15.5x33.8x1x
Sat, 10 Feb 2024SEK 40.5bSEK 36.0bSEK 1.0b19.1x38.9x1.1x
Mon, 08 Jan 2024SEK 40.0bSEK 36.6b-SEK 652,513,441.0019.2x-61.3x1.1x
Wed, 06 Dec 2023SEK 37.5bSEK 36.7b-SEK 429,311,098.0017.4x-87.4x1x
Fri, 03 Nov 2023SEK 36.2bSEK 36.4b-SEK 411,372,602.0015x-88x1x
Sun, 01 Oct 2023SEK 39.8bSEK 35.7b-SEK 385,833,921.0015x-103.1x1.1x
Tue, 29 Aug 2023SEK 43.9bSEK 35.5b-SEK 399,963,892.0013x-109.7x1.2x
Thu, 27 Jul 2023SEK 52.9bSEK 34.2b-SEK 436,833,123.0017.9x-121.2x1.5x
Sat, 24 Jun 2023SEK 51.8bSEK 33.4b-SEK 507,662,624.0016.8x-102.1x1.6x
Mon, 22 May 2023SEK 53.3bSEK 33.4b-SEK 473,347,769.0018.1x-112.6x1.6x
Wed, 19 Apr 2023SEK 60.9bSEK 31.2b-SEK 654,165,542.0023.3x-93.1x2x
Fri, 17 Mar 2023SEK 65.1bSEK 31.3b-SEK 673,341,031.0024.7x-96.7x2.1x
Sun, 12 Feb 2023SEK 67.1bSEK 29.2b-SEK 529,326,457.0023.9x-126.8x2.3x
Tue, 10 Jan 2023SEK 63.8bSEK 28.5b-SEK 628,511,587.0025.5x-101.5x2.2x
Thu, 08 Dec 2022SEK 70.2bSEK 28.4b-SEK 612,672,196.0025.8x-114.5x2.5x
Sat, 05 Nov 2022SEK 69.3bSEK 27.8b-SEK 709,078,225.0039.3x-97.8x2.5x
Mon, 03 Oct 2022SEK 60.6bSEK 26.2b-SEK 1,016,478,312.0037.4x-59.7x2.3x
Wed, 31 Aug 2022SEK 70.1bSEK 26.1b-SEK 958,711,549.0036.2x-73.1x2.7x
Fri, 29 Jul 2022SEK 76.7bSEK 24.7b-SEK 1,097,290,127.0040.7x-69.9x3.1x
Sun, 26 Jun 2022SEK 61.3bSEK 24.2b-SEK 1,053,398,495.0035.4x-58.2x2.5x
Tue, 24 May 2022SEK 66.3bSEK 24.2b-SEK 1,035,391,745.0040.3x-64x2.7x
Thu, 21 Apr 2022SEK 78.5bSEK 22.8b-SEK 918,989,607.0060.2x-85.5x3.4x
Sat, 19 Mar 2022SEK 72.1bSEK 22.7b-SEK 1,118,505,859.0052.6x-64.5x3.2x
Mon, 14 Feb 2022SEK 77.3bSEK 21.2b-SEK 602,409,489.0068.2x-128.3x3.7x
Wed, 12 Jan 2022SEK 84.0bSEK 21.1b-SEK 631,983,984.0070.6x-132.9x4x
Fri, 10 Dec 2021SEK 90.1bSEK 21.1b-SEK 649,079,477.0081.7x-138.8x4.3x
Sun, 07 Nov 2021SEK 89.9bSEK 20.7b-SEK 568,836,270.0084.3x-158x4.3x
Tue, 05 Oct 2021SEK 76.7bSEK 19.2b-SEK 851,684,091.0058.6x-90x4x
Thu, 02 Sep 2021SEK 82.0bSEK 19.2b-SEK 835,086,235.0762.7x-98.2x4.3x
Price to Earnings Ratio

-98.2x


Total Market Cap: SEK 82.0bTotal Earnings: -SEK 835,086,235.07Total Revenue: SEK 19.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electrical Industry Price to Earnings3Y Average -69.4x202220232024
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 63.8x which is higher than its 3-year average PE of -69.4x.
  • The 3-year average PS ratio of 2.2x 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 Market1.26%
Industrials0.83%
Electrical1.22%
Electrical Components1.42%
Heavy Electrical Equipment-5.30%
Industry PE
  • Investors are most optimistic about the Electrical Components industry even though it's trading below its 3-year average PE ratio of 73.2x.
    • Analysts are expecting annual earnings growth of 34.5%, which is higher than its past year's earnings growth of 2.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 123% over the next 5 years.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 34% 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 59.848.9%
+SEK 1.0b
6.3%PE23.8x
ACUVI AcuviSEK 16.509.3%
+SEK 41.3m
33.3%PS2.4x
FERRO FerroampSEK 8.499.0%
+SEK 24.0m
-32.7%PS1.2x
MERIS Meriaura Group OyjSEK 0.413.5%
+SEK 12.1m
-42.6%PE230.5x
PCELL PowerCell SwedenSEK 23.860.8%
+SEK 9.4m
-66.0%PS3.9x
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Latest News

ACUVI

SEK 16.50

Acuvi

7D

9.3%

1Y

33.3%

META

SEK 0.54

Metacon

7D

-13.2%

1Y

-45.6%

MINEST

SEK 3.00

Minesto

7D

1.2%

1Y

-41.3%

HTRO

SEK 59.84

Hexatronic Group

7D

8.9%

1Y

6.3%

HEXI

SEK 0.49

Hexicon

7D

-8.8%

1Y

-41.6%

GARO

SEK 25.05

Garo Aktiebolag

7D

-0.8%

1Y

-48.5%

MERIS

SEK 0.41

Meriaura Group Oyj

7D

3.5%

1Y

-42.6%

FAG

SEK 63.20

Fagerhult Group

7D

-2.5%

1Y

27.2%

CLIME B

SEK 0.59

Climeon

7D

-10.0%

1Y

-82.9%

PSCAND

SEK 17.00

Permascand Top Holding

7D

0.3%

1Y

-22.7%

ALELIO

SEK 0.05

Alelion Energy Systems

7D

0.6%

1Y

-91.2%