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Swedish (OMX) Machinery Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies37
  • 7D0.3%
  • 3M2.1%
  • 1Y-0.7%
  • YTD0.2%

Over the last 7 days, the Machinery industry has remained flat, although notably AB SKF declined by 6.3%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025SEK 2.5tSEK 1.2tSEK 109.9b24.1x22.4x2.1x
Mon, 13 Oct 2025SEK 2.5tSEK 1.2tSEK 113.3b22.5x21.8x2.1x
Wed, 10 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23.2x21.4x2.1x
Fri, 08 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b24.2x20.9x2x
Sun, 06 Jul 2025SEK 2.4tSEK 1.2tSEK 123.4b23.9x19.1x1.9x
Tue, 03 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.8x18.6x1.9x
Thu, 01 May 2025SEK 2.3tSEK 1.2tSEK 123.2b21.5x18.4x1.9x
Sat, 29 Mar 2025SEK 2.5tSEK 1.2tSEK 125.5b23.6x19.7x2x
Mon, 24 Feb 2025SEK 2.7tSEK 1.2tSEK 125.5b26.8x21.7x2.2x
Wed, 22 Jan 2025SEK 2.6tSEK 1.2tSEK 124.3b27.6x20.9x2.1x
Fri, 20 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26x19.5x2x
Sun, 17 Nov 2024SEK 2.5tSEK 1.2tSEK 124.4b25.5x19.8x2x
Tue, 15 Oct 2024SEK 2.6tSEK 1.2tSEK 130.0b24.9x20.1x2.1x
Thu, 12 Sep 2024SEK 2.4tSEK 1.2tSEK 130.0b25.6x18.5x1.9x
Sat, 10 Aug 2024SEK 2.4tSEK 1.2tSEK 129.9b24.5x18.7x2x
Mon, 08 Jul 2024SEK 2.6tSEK 1.2tSEK 125.4b26.8x20.8x2.1x
Wed, 05 Jun 2024SEK 2.7tSEK 1.2tSEK 125.4b25.6x21.4x2.2x
Fri, 03 May 2024SEK 2.6tSEK 1.2tSEK 125.4b26.5x20.8x2.1x
Sun, 31 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b24.9x20.4x2.1x
Tue, 27 Feb 2024SEK 2.5tSEK 1.2tSEK 127.0b24.6x19.9x2x
Thu, 25 Jan 2024SEK 2.3tSEK 1.2tSEK 119.6b21.4x19.5x1.9x
Sat, 23 Dec 2023SEK 2.4tSEK 1.2tSEK 119.8b22.2x20.1x2x
Mon, 20 Nov 2023SEK 2.2tSEK 1.2tSEK 119.8b21.6x18.5x1.8x
Wed, 18 Oct 2023SEK 2.2tSEK 1.2tSEK 111.4b21.9x19.4x1.8x
Fri, 15 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b22.2x19.4x1.8x
Sun, 13 Aug 2023SEK 2.2tSEK 1.2tSEK 111.4b23.5x19.4x1.8x
Tue, 11 Jul 2023SEK 2.2tSEK 1.1tSEK 106.2b24x20.4x1.9x
Thu, 08 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24.2x21x1.9x
Sat, 06 May 2023SEK 2.2tSEK 1.1tSEK 106.1b24.2x20.3x1.9x
Mon, 03 Apr 2023SEK 2.1tSEK 1.1tSEK 97.3b22.7x21.7x1.9x
Wed, 01 Mar 2023SEK 2.0tSEK 1.1tSEK 97.3b23.3x21x1.9x
Fri, 27 Jan 2023SEK 2.0tSEK 1.1tSEK 100.2b21x20.1x1.9x
Sun, 25 Dec 2022SEK 1.9tSEK 1.0tSEK 101.9b16.7x18.5x1.8x
Tue, 22 Nov 2022SEK 1.9tSEK 1.0tSEK 101.7b16.9x18.9x1.8x
Price to Earnings Ratio

18.9x


Total Market Cap: SEK 1.9tTotal Earnings: SEK 101.7bTotal Revenue: SEK 1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.1x202320242025
Current Industry PE
  • Investors are optimistic on the Swedish Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.4x which is higher than its 3-year average PE of 20.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 4.0% 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 Market0.73%
Industrials0.47%
Machinery0.30%
Construction Machinery and Vehicles1.30%
Agricultural Machinery0.44%
Industrial Machinery-0.18%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings growth of 0.5% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.5x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings decline of 0.4% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 9.9% 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
VOLV B AB VolvoSEK 266.502.1%
+SEK 11.0b		-2.2%PE15.2x
ALFA Alfa LavalSEK 451.102.3%
+SEK 4.2b		-2.6%PE22.4x
SAND SandvikSEK 288.200.8%
+SEK 3.0b		41.3%PE24.4x
EPRO B Electrolux ProfessionalSEK 66.402.5%
+SEK 459.8m		0.6%PE28.4x
VBG B VBG GroupSEK 371.603.1%
+SEK 280.0m		27.3%PE21.9x

Latest News

SKF B
SEK 239.10
AB SKF
7D
-6.3%
1Y
16.2%

SKF B: Share Outlook Will Balance Automotive Spin-Off Hopes and Market Risks

Analysts have marginally increased their fair value estimate for AB SKF to SEK 260.79 from SEK 257, following recent adjustments in price targets in light of mixed outlooks on the company's growth prospects and profit margins. Analyst Commentary Recent analyst updates highlight a mix of optimism and caution regarding AB SKF’s growth outlook and share valuation.
ALIG
SEK 135.80
Alimak Group
7D
-1.2%
1Y
14.3%

ALIG: Profit Margins And Revenue Outlook Will Drive Upside Potential

Analysts have maintained their price target for Alimak Group at SEK 169.33. They cite steady outlooks on profitability and revenue growth projections.
ATCO A
SEK 155.00
Atlas Copco
7D
-0.3%
1Y
-11.7%
INDT
SEK 234.60
Indutrade
7D
-0.6%
1Y
-15.5%

Is It Time To Consider Buying Indutrade AB (publ) (STO:INDT)?

Nov 12
Is It Time To Consider Buying Indutrade AB (publ) (STO:INDT)?
VBG B
SEK 371.60
VBG Group
7D
3.1%
1Y
27.3%
EPRO B
SEK 66.40
Electrolux Professional
7D
2.5%
1Y
0.6%
ALFA
SEK 451.10
Alfa Laval
7D
2.3%
1Y
-2.6%

ALFA: Recent Ratings Upgrades Will Drive Confidence Amid Margin and Competition Risks

The analyst fair value estimate for Alfa Laval has increased from SEK 452.29 to SEK 465.93. This reflects analysts’ higher price targets, driven by an updated industry outlook and recent research upgrades.
TROAX
SEK 137.40
Troax Group
7D
0.7%
1Y
-37.5%
HUSQ B
SEK 44.39
Husqvarna
7D
0.5%
1Y
-31.4%

HUSQ B: Execution And Cost Savings Will Drive Share Performance Through 2027

Analysts have revised Husqvarna’s fair value estimate down from SEK 58.25 to SEK 52.08. They cite closer attention to structural challenges and the need for clearer recovery plans, even as the company continues to focus on innovation-led growth.
VOLV B
SEK 266.50
AB Volvo
7D
2.1%
1Y
-2.2%

VOLV B: Margin Improvements Will Drive Upside Despite Tariff Headwinds

AB Volvo’s analyst price target was reduced from SEK 294.88 to SEK 289.50, as analysts pointed to softer anticipated revenue growth and persistent margin concerns. Analyst Commentary Recent street research surrounding AB Volvo reflects a mix of optimistic and cautionary perspectives as analysts adjust price targets and ratings, citing evolving business dynamics.
XANO B
SEK 64.00
XANO Industri
7D
-4.2%
1Y
8.3%
BEIA B
SEK 280.00
Beijer Alma
7D
-1.4%
1Y
61.8%

Beijer Alma's (STO:BEIA B) Soft Earnings Are Actually Better Than They Appear

Nov 03
Beijer Alma's (STO:BEIA B) Soft Earnings Are Actually Better Than They Appear
EPI A
SEK 195.80
Epiroc
7D
-0.4%
1Y
-1.4%

Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Nov 01
Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
TREL B
SEK 386.80
Trelleborg
7D
-0.5%
1Y
7.6%

TREL B: Share Repurchases And Margin Strength Will Support Balanced Outlook

Analysts have raised Trelleborg's fair value estimate to approximately SEK 406 from SEK 378, citing improved revenue growth projections and stronger profit margins as key factors behind the upward revision. Analyst Commentary Bullish Takeaways Bullish analysts highlight the positive momentum in Trelleborg's revenue growth, which supports the recent increase in fair value estimates.
SAND
SEK 288.20
Sandvik
7D
0.8%
1Y
41.3%

SAND: Recent Upgrades And Equipment Orders Will Shape Mining Outlook Ahead

Sandvik's analyst price target has increased from SEK 269.17 to SEK 282.56. Analysts cite recent upgrades and stronger growth expectations as reasons for the change.
AGES B
SEK 59.60
AGES Industri
7D
11.6%
1Y
-9.1%