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Swedish (OMX) Machinery Industry Analysis

UpdatedDec 27, 2025
DataAggregated Company Financials
Companies37
  • 7D0.05%
  • 3M6.7%
  • 1Y6.5%
  • YTD5.5%

Over the last 7 days, the Machinery industry has remained flat. The past year has been better, since the industry has gained 6.5% in that time. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.4x2.2x
Mon, 24 Nov 2025SEK 2.4tSEK 1.2tSEK 109.9b23.2x21.9x2.1x
Wed, 22 Oct 2025SEK 2.5tSEK 1.2tSEK 111.1b23.6x22.4x2.1x
Fri, 19 Sep 2025SEK 2.5tSEK 1.2tSEK 113.3b23.3x21.6x2.1x
Sun, 17 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.9x21.1x2x
Tue, 15 Jul 2025SEK 2.4tSEK 1.2tSEK 123.4b24.2x19.4x2x
Thu, 12 Jun 2025SEK 2.4tSEK 1.2tSEK 123.4b23.7x19.1x1.9x
Sat, 10 May 2025SEK 2.3tSEK 1.2tSEK 123.3b21.6x18.7x1.9x
Mon, 07 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.2x17.1x1.8x
Wed, 05 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b25.3x20.6x2.1x
Fri, 31 Jan 2025SEK 2.7tSEK 1.2tSEK 124.2b29.1x21.5x2.2x
Sun, 29 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26.4x19.5x2x
Tue, 26 Nov 2024SEK 2.4tSEK 1.2tSEK 124.4b24.8x19.7x2x
Thu, 24 Oct 2024SEK 2.5tSEK 1.2tSEK 124.3b27.8x20.3x2.1x
Sat, 21 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b26.2x19.4x2x
Mon, 19 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.4x19.3x2x
Wed, 17 Jul 2024SEK 2.7tSEK 1.2tSEK 125.4b26.2x21.3x2.1x
Fri, 14 Jun 2024SEK 2.7tSEK 1.2tSEK 125.4b27.3x21.8x2.2x
Sun, 12 May 2024SEK 2.7tSEK 1.2tSEK 125.4b27.7x21.8x2.2x
Tue, 09 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b24.7x20.7x2.1x
Thu, 07 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b22.5x20.1x2x
Sat, 03 Feb 2024SEK 2.4tSEK 1.3tSEK 126.7b21.9x18.8x1.9x
Mon, 01 Jan 2024SEK 2.4tSEK 1.2tSEK 119.8b22.3x20.2x2x
Wed, 29 Nov 2023SEK 2.2tSEK 1.2tSEK 119.8b21.9x18.8x1.8x
Fri, 27 Oct 2023SEK 2.1tSEK 1.2tSEK 117.8b21.3x17.4x1.7x
Sun, 24 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.4x19.1x1.8x
Tue, 22 Aug 2023SEK 2.1tSEK 1.2tSEK 111.3b20.6x19x1.8x
Thu, 20 Jul 2023SEK 2.2tSEK 1.2tSEK 110.8b24.6x19.4x1.8x
Sat, 17 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24.1x21.1x2x
Mon, 15 May 2023SEK 2.2tSEK 1.1tSEK 106.1b23.6x20.3x1.9x
Wed, 12 Apr 2023SEK 2.0tSEK 1.1tSEK 97.3b22.2x21x1.9x
Fri, 10 Mar 2023SEK 2.1tSEK 1.1tSEK 97.3b22.8x21.1x1.9x
Sun, 05 Feb 2023SEK 2.1tSEK 1.1tSEK 98.2b23x21.5x2x
Tue, 03 Jan 2023SEK 1.9tSEK 1.0tSEK 101.9b17x18.7x1.8x
Price to Earnings Ratio

18.7x


Total Market Cap: SEK 1.9tTotal Earnings: SEK 101.9bTotal Revenue: SEK 1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.2x20242025
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 23.4x which is higher than its 3-year average PE of 20.2x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.2x.
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 Market0.44%
Industrials0.41%
Machinery0.046%
Industrial Machinery0.42%
Agricultural Machinery0.22%
Construction Machinery and Vehicles-0.70%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 25.1x.
    • Analysts are expecting annual earnings growth of 10.0%, which is higher than its past year's earnings growth of 0.5% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 25.5x.
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 decline of 0.4% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 10.0% 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 164.950.5%
+SEK 4.4b		-3.0%PE29.1x
TREL B TrelleborgSEK 387.901.0%
+SEK 903.1m		1.9%PE23.7x
SAND SandvikSEK 296.300.2%
+SEK 752.6m		48.4%PE25.1x
ALFA Alfa LavalSEK 461.400.2%
+SEK 330.7m		-0.7%PE22.9x
SKF B AB SKFSEK 242.500.2%
+SEK 273.2m		16.1%PE22.7x

Latest News

ATCO A
SEK 164.95
Atlas Copco
7D
0.5%
1Y
-3.0%

What Does Atlas Copco AB (publ)'s (STO:ATCO A) Share Price Indicate?

Dec 26
What Does Atlas Copco AB (publ)'s (STO:ATCO A) Share Price Indicate?
SKF B
SEK 242.50
AB SKF
7D
0.2%
1Y
16.1%
SAND
SEK 296.30
Sandvik
7D
0.2%
1Y
48.4%
VOLV B
SEK 291.90
AB Volvo
7D
-0.8%
1Y
8.8%

VOLV B: Future Earnings Durability Will Face Rising Margin And Cycle Risks

We are nudging our fair value estimate for AB Volvo higher to SEK 245 from SEK 240 as analysts, despite trimming near term growth and margin expectations and slightly increasing the discount rate, continue to see support from resilient profitability and valuation metrics that justify a modestly higher future earnings multiple. Analyst Commentary Recent Street research on AB Volvo reflects a mixed but increasingly cautious stance, with several bearish analysts trimming price targets despite the company’s resilient fundamentals.
ALFA
SEK 461.40
Alfa Laval
7D
0.2%
1Y
-0.7%

ALFA: Raised Guidance And Partnerships Will Support Sustainable Medium Term Performance

We raise our analyst price target on Alfa Laval to SEK 479 from SEK 470, reflecting analysts' increased confidence in slightly faster revenue growth, a marginally lower discount rate, and a modestly higher future valuation multiple supported by recent target upgrades across the Street. Analyst Commentary Analyst sentiment around Alfa Laval remains skewed positively, with multiple recent target increases and at least one rating upgrade signaling rising conviction in the company’s medium term growth and earnings trajectory.
BEIA B
SEK 294.00
Beijer Alma
7D
1.4%
1Y
76.7%
EPRO B
SEK 64.00
Electrolux Professional
7D
1.3%
1Y
-7.9%
SALT B
SEK 3.83
SaltX Technology Holding
7D
-1.9%
1Y
17.8%
TREL B
SEK 387.90
Trelleborg
7D
1.0%
1Y
1.9%

TREL B: Shares Will Reflect Modest Margin Progress And Easing Discount Rate Risk

Analysts have nudged their price target on Trelleborg slightly higher, lifting the fair value estimate from SEK 415.25 to SEK 416.25 as modestly lower discount rates and a marginally stronger long term profit outlook support a small upward revision. Analyst Commentary Recent Street research suggests that while the latest price target increase is modest, it reflects a gradual improvement in confidence around Trelleborg's medium term prospects rather than a radical shift in outlook.
ALIG
SEK 143.20
Alimak Group
7D
0.8%
1Y
26.3%

ALIG: Improved Future Margins Will Support Continued Upside Potential

Analysts have nudged their price target for Alimak Group slightly higher, from SEK 169.33 to SEK 171.00. They cited expectations of modestly improved profit margins offsetting somewhat slower projected revenue growth.
EPI A
SEK 205.70
Epiroc
7D
-0.5%
1Y
6.3%

Epiroc AB (publ) (STO:EPI A) Investors Are Less Pessimistic Than Expected

Dec 02
Epiroc AB (publ) (STO:EPI A) Investors Are Less Pessimistic Than Expected
ENGCON B
SEK 80.90
engcon
7D
-0.9%
1Y
-21.2%

engcon (STO:ENGCON B) Could Easily Take On More Debt

Nov 26
engcon (STO:ENGCON B) Could Easily Take On More Debt
BOMILL
SEK 0.55
BoMill
7D
-9.3%
1Y
-56.5%
VBG B
SEK 383.00
VBG Group
7D
-0.8%
1Y
23.5%
CI
SEK 0.17
Cell Impact
7D
-29.4%
1Y
-88.1%
XANO B
SEK 75.70
XANO Industri
7D
-1.2%
1Y
32.8%