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Swedish (OMX) Machinery Industry Analysis

UpdatedJul 24, 2026
DataAggregated Company Financials
Companies38
  • 7D-0.1%
  • 3M2.8%
  • 1Y24.3%
  • YTD15.0%

Last week, the Machinery industry hasn't moved much but Atlas Copco is up 4.3% in that time. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Jul 2026SEK 3.0tSEK 1.2tSEK 111.2b24.3x27x2.6x
Mon, 22 Jun 2026SEK 3.0tSEK 1.1tSEK 104.8b26.5x28.7x2.7x
Wed, 20 May 2026SEK 2.8tSEK 1.1tSEK 104.8b25.9x26.6x2.5x
Fri, 17 Apr 2026SEK 2.9tSEK 1.2tSEK 106.7b24.7x27.3x2.5x
Sun, 15 Mar 2026SEK 2.8tSEK 1.2tSEK 106.7b22.1x25.8x2.4x
Tue, 10 Feb 2026SEK 3.0tSEK 1.2tSEK 106.6b24.9x27.9x2.6x
Thu, 08 Jan 2026SEK 2.7tSEK 1.2tSEK 109.9b25x24.8x2.3x
Sat, 06 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.5x23.7x2.2x
Mon, 03 Nov 2025SEK 2.5tSEK 1.2tSEK 110.0b24.4x22.6x2.1x
Wed, 01 Oct 2025SEK 2.4tSEK 1.2tSEK 113.3b22.5x21.3x2x
Fri, 29 Aug 2025SEK 2.4tSEK 1.2tSEK 113.2b23.2x21.4x2.1x
Sun, 27 Jul 2025SEK 2.4tSEK 1.2tSEK 113.3b24.6x21.4x2x
Tue, 24 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.5x18.3x1.9x
Thu, 22 May 2025SEK 2.4tSEK 1.2tSEK 123.4b22.8x19.5x2x
Sat, 19 Apr 2025SEK 2.2tSEK 1.2tSEK 128.0b21.1x17x1.8x
Mon, 17 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b25.2x20.9x2.2x
Wed, 12 Feb 2025SEK 2.7tSEK 1.2tSEK 125.5b26.3x21.2x2.2x
Fri, 10 Jan 2025SEK 2.5tSEK 1.2tSEK 124.3b25.5x20.2x2.1x
Sun, 08 Dec 2024SEK 2.6tSEK 1.2tSEK 124.4b26.3x20.7x2.1x
Tue, 05 Nov 2024SEK 2.5tSEK 1.2tSEK 124.3b27.4x20.1x2x
Thu, 03 Oct 2024SEK 2.6tSEK 1.2tSEK 130.0b24.9x20.2x2.1x
Sat, 31 Aug 2024SEK 2.6tSEK 1.2tSEK 129.9b26.9x19.8x2.1x
Mon, 29 Jul 2024SEK 2.6tSEK 1.2tSEK 130.0b25.1x19.7x2.1x
Wed, 26 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b26.8x20.9x2.1x
Fri, 24 May 2024SEK 2.8tSEK 1.2tSEK 125.4b25.7x22.1x2.2x
Sun, 21 Apr 2024SEK 2.6tSEK 1.2tSEK 128.1b23.2x20x2x
Tue, 19 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23.1x20.7x2.1x
Thu, 15 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.1x18.8x1.9x
Sat, 13 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.7x19.5x1.9x
Mon, 11 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22x19.5x1.9x
Wed, 08 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b22.3x17.7x1.7x
Fri, 06 Oct 2023SEK 2.1tSEK 1.2tSEK 111.4b22.1x18.9x1.8x
Sun, 03 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b21.1x19.3x1.8x
Tue, 01 Aug 2023SEK 2.2tSEK 1.2tSEK 111.4b24.2x20.1x1.9x
Price to Earnings Ratio

20.1x


Total Market Cap: SEK 2.2tTotal Earnings: SEK 111.4bTotal Revenue: SEK 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 21.5x202420252026
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 27.0x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Machinery industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Swedish Industrials industry?

SE Market-0.31%
Industrials0.81%
Machinery-0.13%
Construction Machinery and Vehicles1.44%
Industrial Machinery-0.90%
Agricultural Machinery-2.25%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.2x.
    • Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings decline of 5.2% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 23.4x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 13% 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
ATCO A Atlas CopcoSEK 203.904.3%
+SEK 41.0b		35.0%PE37.4x
VOLV B AB VolvoSEK 354.804.6%
+SEK 31.9b		23.4%PE20.1x
EPI A EpirocSEK 247.605.4%
+SEK 15.2b		19.8%PE33.9x
SAND SandvikSEK 349.703.4%
+SEK 14.6b		43.0%PE26x
ALFA Alfa LavalSEK 574.602.7%
+SEK 6.2b		35.7%PE29x

Latest News

OXE
SEK 0.19
OXE Marine
7D
-31.9%
1Y
-64.9%
SKF B
SEK 255.80
AB SKF
7D
2.7%
1Y
8.1%
ALFA
SEK 574.60
Alfa Laval
7D
2.7%
1Y
35.7%
Analysis Article • 22h

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

Investors in Alfa Laval AB (publ) ( STO:ALFA ) had a good week, as its shares rose 2.0% to close at kr577 following the...
VOLV B
SEK 354.80
AB Volvo
7D
4.6%
1Y
23.4%
EPI A
SEK 247.60
Epiroc
7D
5.4%
1Y
19.8%
EPRO B
SEK 46.85
Electrolux Professional
7D
6.1%
1Y
-30.5%
Narrative Update • Jul 22

EPRO B: Higher Margin Outlook Will Support Future Upside Potential

Analysts have raised their SEK price target on Electrolux Professional from SEK 67 to SEK 73, citing updated assumptions around revenue growth, profit margin and future P/E, which feed into a slightly lower discount rate in their valuation work. What’s in the News for Electrolux Professional No recent company specific news items were identified in the provided sources for Electrolux Professional.
TROAX
SEK 134.40
Troax Group
7D
-4.0%
1Y
-4.1%
ATCO A
SEK 203.90
Atlas Copco
7D
4.3%
1Y
35.0%
Narrative Update • Jul 22

ATCO A: Capex Upcycle Exposure Will Support Higher Future Earnings Power

The analyst fair value estimate for Atlas Copco has shifted from SEK 220.0 to SEK 250.0 as analysts point to higher assumed revenue growth, slightly stronger profit margins, a modestly higher future P/E, and broad support from recent Street price target increases. Analyst Commentary Recent Street research on Atlas Copco has turned more constructive, with several high profile firms lifting price targets and, in one case, upgrading the stock rating.
BEIA B
SEK 293.50
Beijer Alma
7D
-0.8%
1Y
11.6%
Analysis Article • Jul 21

The Beijer Alma AB (publ) (STO:BEIA B) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

It's been a good week for Beijer Alma AB (publ) ( STO:BEIA B ) shareholders, because the company has just released its...
SAND
SEK 349.70
Sandvik
7D
3.4%
1Y
43.0%
Narrative Update • Jul 21

SAND: Mining Contract Wins And Q2 Execution Will Drive Further Upside

For Sandvik, the analyst fair value estimate has been raised from SEK 383.95 to SEK 394.15. This reflects updated views on valuation after recent price target revisions and rating changes across the Street research.
ENGCON B
SEK 67.00
engcon
7D
-1.6%
1Y
-9.5%
INDT
SEK 242.40
Indutrade
7D
-2.3%
1Y
-0.2%
Analysis Article • Jul 19

Results: Indutrade AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

Indutrade AB (publ) ( STO:INDT ) investors will be delighted, with the company turning in some strong numbers with its...
ALIG
SEK 124.80
Alimak Group
7D
-0.2%
1Y
-25.0%
TREL B
SEK 419.00
Trelleborg
7D
0.5%
1Y
15.4%
Narrative Update • Jul 18

TREL B: Share Repurchases And Dividend Policy Will Sustain Rich P/E

Analysts have raised their price target on Trelleborg to SEK 460, up from a previous fair value estimate of about SEK 340. They cite updated assumptions that include slightly higher revenue growth, modestly stronger profit margins and a lower future P/E multiple.
ARENIT SDB
SEK 96.60
Arenit Industrie
7D
-10.1%
1Y
n/a
IMPC
SEK 3.80
Impact Coatings
7D
-5.0%
1Y
-13.0%