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Swedish (OMX) Machinery Industry Analysis

UpdatedSep 17, 2026
DataAggregated Company Financials
Companies39
  • 7D-3.0%
  • 3M-0.2%
  • 1Y24.8%
  • YTD14.8%

Over the last 7 days, the Machinery industry has dropped 3.0%, driven by Atlas Copco declining 4.1%. In the past year, the industry has gained 25%. 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
Fri, 18 Sep 2026SEK 3.0tSEK 1.2tSEK 111.1b25.6x27x2.6x
Sun, 16 Aug 2026SEK 3.0tSEK 1.2tSEK 111.2b25.5x27.4x2.6x
Tue, 14 Jul 2026SEK 3.0tSEK 1.1tSEK 104.8b26.3x28.3x2.6x
Thu, 11 Jun 2026SEK 2.8tSEK 1.1tSEK 104.8b25.9x26.9x2.5x
Sat, 09 May 2026SEK 2.9tSEK 1.1tSEK 104.7b25.8x27.5x2.5x
Mon, 06 Apr 2026SEK 2.7tSEK 1.2tSEK 106.7b23.7x25.3x2.4x
Wed, 04 Mar 2026SEK 2.9tSEK 1.2tSEK 106.7b23.4x27.1x2.5x
Fri, 30 Jan 2026SEK 2.9tSEK 1.2tSEK 107.5b25.1x26.6x2.5x
Sun, 28 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.4x2.2x
Tue, 25 Nov 2025SEK 2.4tSEK 1.2tSEK 109.9b23.5x22.2x2.1x
Thu, 23 Oct 2025SEK 2.5tSEK 1.2tSEK 111.2b23.5x22.4x2.1x
Sat, 20 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23.2x21.6x2.1x
Mon, 18 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.9x21.1x2x
Wed, 16 Jul 2025SEK 2.4tSEK 1.2tSEK 123.4b24.5x19.5x2x
Fri, 13 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.8x18.9x1.9x
Sun, 11 May 2025SEK 2.3tSEK 1.2tSEK 123.3b21.6x18.7x1.9x
Tue, 08 Apr 2025SEK 2.0tSEK 1.2tSEK 125.5b20.4x16.3x1.7x
Thu, 06 Mar 2025SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.4x2.2x
Sat, 01 Feb 2025SEK 2.7tSEK 1.2tSEK 124.4b29.2x21.5x2.2x
Mon, 30 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26.4x19.5x2x
Wed, 27 Nov 2024SEK 2.4tSEK 1.2tSEK 124.4b24.7x19.5x2x
Fri, 25 Oct 2024SEK 2.5tSEK 1.2tSEK 124.5b28.4x20.2x2x
Sun, 22 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b26.2x19.4x2x
Tue, 20 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.6x19.4x2x
Thu, 18 Jul 2024SEK 2.6tSEK 1.2tSEK 125.4b26.1x21x2.1x
Sat, 15 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b26.9x21x2.1x
Mon, 13 May 2024SEK 2.7tSEK 1.2tSEK 125.4b27.7x21.8x2.2x
Wed, 10 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b24.6x20.6x2.1x
Fri, 08 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b22.6x20.2x2.1x
Sun, 04 Feb 2024SEK 2.4tSEK 1.3tSEK 126.7b21.9x18.8x1.9x
Tue, 02 Jan 2024SEK 2.4tSEK 1.2tSEK 119.8b22.3x20.2x2x
Thu, 30 Nov 2023SEK 2.3tSEK 1.2tSEK 119.8b22x18.9x1.8x
Sat, 28 Oct 2023SEK 2.0tSEK 1.2tSEK 118.5b20x17.3x1.7x
Mon, 25 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.4x19.1x1.8x
Price to Earnings Ratio

19.1x


Total Market Cap: SEK 2.1tTotal Earnings: SEK 111.4bTotal Revenue: SEK 1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 21.9x202420252026
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 21.9x.
  • 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-0.67%
Industrials-1.76%
Machinery-2.97%
Construction Machinery and Vehicles-2.81%
Industrial Machinery-3.04%
Agricultural Machinery-4.14%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 13.1%, 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 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Industrial Machinery 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
SKF B AB SKFSEK 275.404.3%
+SEK 5.2b		17.5%PE27.8x
ALFA Alfa LavalSEK 556.001.9%
+SEK 4.3b		28.1%PE28x
EPI A EpirocSEK 256.200.8%
+SEK 2.5b		26.3%PE35.1x
TREL B TrelleborgSEK 452.801.7%
+SEK 1.7b		19.7%PE26.6x
INDT IndutradeSEK 247.801.6%
+SEK 1.5b		7.4%PE33.7x

Latest News

ARENIT SDB
SEK 101.00
Arenit Industrie
7D
-2.9%
1Y
n/a
SAND
SEK 373.10
Sandvik
7D
-2.8%
1Y
45.0%
ATCO A
SEK 199.15
Atlas Copco
7D
-1.2%
1Y
23.7%
HUSQ B
SEK 36.25
Husqvarna
7D
-2.4%
1Y
-28.2%
VOLV B
SEK 337.80
AB Volvo
7D
-0.4%
1Y
22.3%
Narrative Update • Sep 15

VOLV B: Truck Order Momentum And Electrification Efforts Will Shape Balanced Future Returns

Analysts have lifted the blended price target for AB Volvo to around SEK 356, reflecting a series of recent target increases from SEK 290 up to SEK 376 that they link to stronger truck order trends and updated sales expectations across key regions. Analyst Commentary Recent research on AB Volvo highlights a split between more optimistic and more cautious views, with price targets now spread between SEK 290 and SEK 376 and ratings ranging from Buy to Underweight.
TREL B
SEK 452.80
Trelleborg
7D
1.7%
1Y
19.7%
Analysis Article • Sep 15

Should You Think About Buying Trelleborg AB (publ) (STO:TREL B) Now?

Trelleborg AB (publ) ( STO:TREL B ) saw a decent share price growth of 11% on the OM over the last few months. The...
ALFA
SEK 556.00
Alfa Laval
7D
1.9%
1Y
28.1%
SKF B
SEK 275.40
AB SKF
7D
4.3%
1Y
17.5%
EPRO B
SEK 44.25
Electrolux Professional
7D
-0.3%
1Y
-27.6%
EPI A
SEK 256.20
Epiroc
7D
0.8%
1Y
26.3%
INDT
SEK 247.80
Indutrade
7D
1.6%
1Y
7.4%
Narrative Update • Aug 15

INDT: Recent Rating Upgrade And CFO Appointment Will Support Future Upside

Analysts now place Indutrade's fair value at SEK 280.75, up from SEK 248.13. This reflects updated assumptions on revenue growth, profitability and future P/E, alongside recent Street views that range from a SEK 211 target with a Neutral stance to a SEK 229 target with a Buy rating.
CCC
SEK 11.40
Cavotec Group
7D
-5.0%
1Y
-28.5%
TROAX
SEK 154.20
Troax Group
7D
1.8%
1Y
7.2%
Narrative Update • Jul 24

TROAX: North American Automation Expansion Will Drive Future Upside Potential

The latest Narrative Update on Troax Group reflects a revised analyst price target to SEK157.79 from SEK137.11. Analysts point to updated assumptions around revenue growth, profit margin expectations, and a lower future P/E multiple as key drivers of the change.
VBG B
SEK 315.50
VBG Group
7D
3.8%
1Y
-4.3%
Analysis Article • Jul 22

VBG Group AB (publ) (STO:VBG B) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Last week, you might have seen that VBG Group AB (publ) ( STO:VBG B ) released its second-quarter result to the market...
ENGCON B
SEK 74.50
engcon
7D
8.6%
1Y
-5.2%
ALIG
SEK 121.20
Alimak Group
7D
-1.6%
1Y
-26.2%