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Swedish (OMX) Machinery Industry Analysis

UpdatedApr 26, 2026
DataAggregated Company Financials
Companies38
  • 7D-2.6%
  • 3M2.4%
  • 1Y28.1%
  • YTD11.8%

In the last week, the Machinery industry is down 2.6% with Indutrade down the most at 16%. On the other hand Husqvarna is actually up 7.5%. This takes the industry's 12 month performance to a gain of 28%. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Apr 2026SEK 2.9tSEK 1.1tSEK 105.2b25.7x27.8x2.6x
Tue, 24 Mar 2026SEK 2.6tSEK 1.2tSEK 106.7b20.8x24.4x2.3x
Thu, 19 Feb 2026SEK 3.0tSEK 1.2tSEK 106.7b24.4x28.1x2.6x
Sat, 17 Jan 2026SEK 2.8tSEK 1.2tSEK 109.9b25.4x25.7x2.4x
Mon, 15 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.6x2.2x
Wed, 12 Nov 2025SEK 2.5tSEK 1.2tSEK 109.9b24.6x22.7x2.1x
Fri, 10 Oct 2025SEK 2.5tSEK 1.2tSEK 113.3b22.9x22x2.1x
Sun, 07 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b22.8x21.3x2x
Tue, 05 Aug 2025SEK 2.3tSEK 1.2tSEK 113.3b23.8x20.4x2x
Thu, 03 Jul 2025SEK 2.4tSEK 1.2tSEK 123.4b23.8x19.3x2x
Sat, 31 May 2025SEK 2.3tSEK 1.2tSEK 123.4b23.2x18.9x1.9x
Mon, 28 Apr 2025SEK 2.3tSEK 1.2tSEK 123.4b22.1x18.5x1.9x
Wed, 26 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b24.7x20.5x2.1x
Fri, 21 Feb 2025SEK 2.7tSEK 1.2tSEK 125.5b27.1x21.9x2.3x
Sun, 19 Jan 2025SEK 2.6tSEK 1.2tSEK 124.3b26.5x20.8x2.1x
Tue, 17 Dec 2024SEK 2.5tSEK 1.2tSEK 124.3b26.1x20x2x
Thu, 14 Nov 2024SEK 2.5tSEK 1.2tSEK 124.4b26x19.9x2x
Sat, 12 Oct 2024SEK 2.6tSEK 1.2tSEK 130.0b24.9x20.1x2.1x
Mon, 09 Sep 2024SEK 2.4tSEK 1.2tSEK 130.0b25.5x18.4x1.9x
Wed, 07 Aug 2024SEK 2.4tSEK 1.2tSEK 129.9b23.4x18.3x1.9x
Fri, 05 Jul 2024SEK 2.6tSEK 1.2tSEK 125.4b26.9x21x2.1x
Sun, 02 Jun 2024SEK 2.7tSEK 1.2tSEK 125.4b25.7x21.6x2.2x
Tue, 30 Apr 2024SEK 2.7tSEK 1.2tSEK 125.4b26.5x21.2x2.1x
Thu, 28 Mar 2024SEK 2.7tSEK 1.2tSEK 127.0b24.9x21x2.1x
Sat, 24 Feb 2024SEK 2.5tSEK 1.2tSEK 126.9b24.3x19.8x2x
Mon, 22 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b21.1x19x1.9x
Wed, 20 Dec 2023SEK 2.4tSEK 1.2tSEK 119.8b22.1x20.2x2x
Fri, 17 Nov 2023SEK 2.2tSEK 1.2tSEK 118.5b21.8x18.8x1.8x
Sun, 15 Oct 2023SEK 2.2tSEK 1.2tSEK 111.4b22.5x19.5x1.8x
Tue, 12 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b22.3x19.5x1.8x
Thu, 10 Aug 2023SEK 2.2tSEK 1.2tSEK 111.4b23.4x19.5x1.8x
Sat, 08 Jul 2023SEK 2.2tSEK 1.1tSEK 106.2b24.2x20.3x1.9x
Mon, 05 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24x20.9x1.9x
Wed, 03 May 2023SEK 2.1tSEK 1.1tSEK 106.1b23x20.2x1.9x
Price to Earnings Ratio

20.2x


Total Market Cap: SEK 2.1tTotal Earnings: SEK 106.1bTotal Revenue: SEK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.9x202420252026
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 27.8x which is higher than its 3-year average PE of 20.9x.
  • The 3-year average PS ratio of 2.0x 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-3.19%
Industrials-3.13%
Machinery-2.65%
Agricultural Machinery7.44%
Construction Machinery and Vehicles-1.96%
Industrial Machinery-3.11%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 25.7x.
    • Analysts are expecting annual earnings growth of 10.6%, which is higher than its past year's earnings decline of 10.1% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 24.7x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 11% 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
HUSQ B HusqvarnaSEK 44.857.5%
+SEK 1.8b		-2.6%PE13x
BEIA B Beijer AlmaSEK 288.502.9%
+SEK 482.1m		47.9%PE28.2x
TROAX Troax GroupSEK 113.401.6%
+SEK 107.7m		-16.0%PE63.1x
SINT SinterCastSEK 97.007.3%
+SEK 46.5m		-7.4%PE27.8x
SALT B SaltX Technology HoldingSEK 4.042.3%
+SEK 17.9m		-20.0%PS17.3x

Latest News

VOLV B
SEK 322.10
AB Volvo
7D
-1.9%
1Y
22.2%
INDT
SEK 213.20
Indutrade
7D
-16.3%
1Y
-16.8%
BEIA B
SEK 288.50
Beijer Alma
7D
2.9%
1Y
47.9%
SALT B
SEK 4.04
SaltX Technology Holding
7D
2.3%
1Y
-20.0%
TREL B
SEK 392.60
Trelleborg
7D
-1.3%
1Y
21.4%
HUSQ B
SEK 44.85
Husqvarna
7D
7.5%
1Y
-2.6%
EPI A
SEK 250.20
Epiroc
7D
-1.8%
1Y
21.5%

EPI A: African Automation Orders And Emissions Shift Will Support Fair P/E

Epiroc's analyst price target has shifted to SEK 242.53 from SEK 236.11. Analysts point to updated fair value assumptions, a slightly higher discount rate, modestly adjusted revenue growth and profit margin forecasts, and a marginally lower assumed future P/E multiple as key drivers of the change.
SAND
SEK 395.90
Sandvik
7D
-2.1%
1Y
94.6%

SAND: Mining Upswing Orders And Restructuring Actions Will Drive Higher Fair Value

Sandvik's analyst fair value has moved from SEK 430 to SEK 450. This reflects analysts' updated models that balance higher assumed revenue growth and slightly lower profit margins with a broadly steady P/E framework, in the context of several recent price target increases and rating changes across major banks.
ALFA
SEK 538.40
Alfa Laval
7D
-6.0%
1Y
33.9%
TROAX
SEK 113.40
Troax Group
7D
1.6%
1Y
-16.0%
SKF B
SEK 230.70
AB SKF
7D
-7.8%
1Y
24.0%
ATCO A
SEK 187.95
Atlas Copco
7D
-1.3%
1Y
20.9%

ATCO A: Special Dividend And Mixed Rating Shifts Will Shape Future Returns

The analyst price target for Atlas Copco has been adjusted slightly higher to SEK 194.80. Analysts point to updated assumptions on revenue growth, profitability and future P/E multiples as key drivers behind the change.
SINT
SEK 97.00
SinterCast
7D
7.3%
1Y
-7.4%
LYGRD
SEK 3.03
Lyckegård Group
7D
5.9%
1Y
57.8%
CI
SEK 0.21
Cell Impact
7D
30.1%
1Y
-74.9%
BAWAT
SEK 1.04
Bawat Water Technologies
7D
13.0%
1Y
8.3%