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Swedish (OMX) Machinery Industry Analysis

UpdatedOct 27, 2025
DataAggregated Company Financials
Companies37
  • 7D3.6%
  • 3M5.7%
  • 1Y-0.3%
  • YTD4.5%

The Machinery industry has gained 3.6% in the last week and Sandvik up 2.9%. During this same period, the Husqvarna underperformed, falling 7.6%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 10% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 Oct 2025SEK 2.5tSEK 1.2tSEK 110.7b24.4x23x2.2x
Wed, 24 Sep 2025SEK 2.5tSEK 1.2tSEK 113.3b22.7x21.8x2.1x
Fri, 22 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.5x21.2x2x
Sun, 20 Jul 2025SEK 2.3tSEK 1.2tSEK 113.0b24.1x20.7x2x
Tue, 17 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.6x18.8x1.9x
Thu, 15 May 2025SEK 2.4tSEK 1.2tSEK 123.4b22.3x19.6x2x
Sat, 12 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.5x17x1.8x
Mon, 10 Mar 2025SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.5x2.2x
Wed, 05 Feb 2025SEK 2.6tSEK 1.2tSEK 125.3b27.1x21.1x2.2x
Fri, 03 Jan 2025SEK 2.4tSEK 1.2tSEK 124.3b26.3x19.6x2x
Sun, 01 Dec 2024SEK 2.5tSEK 1.2tSEK 124.3b26.6x19.7x2x
Tue, 29 Oct 2024SEK 2.6tSEK 1.2tSEK 124.5b28x20.7x2.1x
Thu, 26 Sep 2024SEK 2.6tSEK 1.2tSEK 130.0b25.6x19.9x2.1x
Sat, 24 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.6x19.5x2x
Mon, 22 Jul 2024SEK 2.6tSEK 1.2tSEK 129.8b24.7x19.8x2.1x
Wed, 19 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b27.6x21.1x2.1x
Fri, 17 May 2024SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.6x2.2x
Sun, 14 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b23.8x20.4x2.1x
Tue, 12 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23.1x20.2x2.1x
Thu, 08 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.1x18.7x1.9x
Sat, 06 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.5x19.2x1.9x
Mon, 04 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22.2x19.1x1.9x
Wed, 01 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b20.8x17.4x1.7x
Fri, 29 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.3x19.1x1.8x
Sun, 27 Aug 2023SEK 2.1tSEK 1.2tSEK 111.3b20.6x19x1.8x
Tue, 25 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.5x19.7x1.8x
Thu, 22 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24.2x20.7x1.9x
Sat, 20 May 2023SEK 2.2tSEK 1.1tSEK 106.1b23.8x21x1.9x
Mon, 17 Apr 2023SEK 2.1tSEK 1.1tSEK 97.3b23.4x21.7x1.9x
Wed, 15 Mar 2023SEK 2.0tSEK 1.1tSEK 97.3b22.5x20.8x1.9x
Fri, 10 Feb 2023SEK 2.1tSEK 1.1tSEK 97.5b21.6x21.2x1.9x
Sun, 08 Jan 2023SEK 2.0tSEK 1.0tSEK 101.9b17.5x19.3x1.9x
Tue, 06 Dec 2022SEK 2.0tSEK 1.0tSEK 101.8b17.4x19.5x1.9x
Thu, 03 Nov 2022SEK 1.8tSEK 1.0tSEK 101.7b15.8x17.5x1.7x
Price to Earnings Ratio

17.5x


Total Market Cap: SEK 1.8tTotal Earnings: SEK 101.7bTotal Revenue: SEK 1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20x202320242025
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 23.0x which is higher than its 3-year average PE of 20.0x.
  • 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 2.8% per year over the last three years.
  • Revenues for these companies have grown 4.1% 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 Market3.07%
Industrials4.77%
Machinery3.61%
Construction Machinery and Vehicles3.87%
Industrial Machinery3.69%
Agricultural Machinery-7.51%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 24.9x.
    • Analysts are expecting annual earnings growth of 9.8%, which is higher than its past year's earnings growth of 3.0% 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 14.4x.
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 9.8% 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 170.303.0%
+SEK 24.3b		-6.3%PE30.1x
VOLV B AB VolvoSEK 261.102.0%
+SEK 10.6b		-6.7%PE14.9x
SAND SandvikSEK 287.502.9%
+SEK 10.0b		33.8%PE24.4x
INDT IndutradeSEK 265.2010.9%
+SEK 9.5b		-10.7%PE36.2x
ALFA Alfa LavalSEK 471.504.0%
+SEK 7.5b		-4.4%PE24.3x

Latest News

ALIG
SEK 147.60
Alimak Group
7D
-1.6%
1Y
26.4%
OXE
SEK 0.42
OXE Marine
7D
-23.3%
1Y
-2.5%
TREL B
SEK 400.60
Trelleborg
7D
8.9%
1Y
8.8%
INDT
SEK 265.20
Indutrade
7D
10.9%
1Y
-10.7%

Acquisition Integration And Sustained Demand Will Determine Future Profit Margins

Indutrade's analyst price target has been raised from SEK 268 to SEK 275. Analysts cite improved revenue growth expectations and higher profit margins as factors supporting the updated outlook.
EPI A
SEK 223.70
Epiroc
7D
1.6%
1Y
3.0%
ATCO A
SEK 170.30
Atlas Copco
7D
3.0%
1Y
-6.3%
AGES B
SEK 56.20
AGES Industri
7D
-6.3%
1Y
-24.3%
VOLV B
SEK 261.10
AB Volvo
7D
2.0%
1Y
-6.7%
HUSQ B
SEK 47.20
Husqvarna
7D
-8.3%
1Y
-33.0%
SKF B
SEK 253.00
AB SKF
7D
6.1%
1Y
24.6%
ALFA
SEK 471.50
Alfa Laval
7D
4.0%
1Y
-4.4%

Analysts Lift Alfa Laval Fair Value on Strong Margins but Warn of Valuation Risks

Analysts have raised their fair value estimate for Alfa Laval from SEK 447.93 to SEK 452.29. They cite improved profit margin forecasts and a recent upgrade to a Buy rating as supporting factors.
IMPC
SEK 1.59
Impact Coatings
7D
-49.0%
1Y
-61.4%
SAND
SEK 287.50
Sandvik
7D
2.9%
1Y
33.8%
BIOEX
SEK 2.65
Bioextrax
7D
-16.9%
1Y
-20.2%
BAWAT
SEK 0.94
Bawat Water Technologies
7D
-20.3%
1Y
-23.6%