Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) Machinery Industry Analysis

UpdatedSep 15, 2026
DataAggregated Company Financials
Companies39
  • 7D-5.1%
  • 3M0.2%
  • 1Y22.4%
  • YTD13.4%

Over the last 7 days, the Machinery industry has dropped 2.0%, driven by a pullback from Atlas Copco of 6.1%. On the other hand Freemelt Holding is actually up 43%. This takes the industry's 12 month performance to a gain of 26%. 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
Tue, 15 Sep 2026SEK 3.0tSEK 1.2tSEK 111.1b24x26.6x2.6x
Thu, 13 Aug 2026SEK 3.1tSEK 1.2tSEK 111.2b25.5x27.6x2.7x
Sat, 11 Jul 2026SEK 3.0tSEK 1.1tSEK 104.8b26.4x28.5x2.6x
Mon, 08 Jun 2026SEK 2.9tSEK 1.1tSEK 104.8b26.4x27.6x2.6x
Wed, 06 May 2026SEK 2.9tSEK 1.1tSEK 104.7b25.8x27.2x2.5x
Fri, 03 Apr 2026SEK 2.7tSEK 1.2tSEK 106.7b23.7x25.4x2.4x
Sun, 01 Mar 2026SEK 3.1tSEK 1.2tSEK 106.7b24.7x28.7x2.7x
Tue, 27 Jan 2026SEK 2.9tSEK 1.2tSEK 109.9b25.2x26x2.4x
Thu, 25 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.4x2.2x
Sat, 22 Nov 2025SEK 2.4tSEK 1.2tSEK 109.9b23.2x21.9x2.1x
Mon, 20 Oct 2025SEK 2.4tSEK 1.2tSEK 110.8b23.1x22x2.1x
Wed, 17 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23.1x21.3x2x
Fri, 15 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.8x21.1x2x
Sun, 13 Jul 2025SEK 2.4tSEK 1.2tSEK 123.4b24.3x19.6x2x
Tue, 10 Jun 2025SEK 2.4tSEK 1.2tSEK 123.4b24x19.1x1.9x
Thu, 08 May 2025SEK 2.3tSEK 1.2tSEK 123.3b21.2x18.4x1.9x
Sat, 05 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.2x17.1x1.8x
Mon, 03 Mar 2025SEK 2.7tSEK 1.2tSEK 125.5b26.5x21.5x2.2x
Wed, 29 Jan 2025SEK 2.6tSEK 1.2tSEK 124.4b28.5x21.2x2.2x
Fri, 27 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26.2x19.3x2x
Sun, 24 Nov 2024SEK 2.4tSEK 1.2tSEK 124.4b24.7x19.7x2x
Tue, 22 Oct 2024SEK 2.5tSEK 1.2tSEK 125.3b25.2x20.3x2.1x
Thu, 19 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b25.9x19.1x2x
Sat, 17 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.4x19.3x2x
Mon, 15 Jul 2024SEK 2.7tSEK 1.2tSEK 125.4b27.1x21.5x2.2x
Wed, 12 Jun 2024SEK 2.7tSEK 1.2tSEK 125.4b27.5x21.4x2.2x
Fri, 10 May 2024SEK 2.7tSEK 1.2tSEK 125.4b27.2x21.5x2.2x
Sun, 07 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b24.7x20.6x2.1x
Tue, 05 Mar 2024SEK 2.5tSEK 1.2tSEK 127.0b22.8x20x2x
Thu, 01 Feb 2024SEK 2.3tSEK 1.3tSEK 126.6b21.5x18.5x1.9x
Sat, 30 Dec 2023SEK 2.4tSEK 1.2tSEK 119.8b22.3x20.3x2x
Mon, 27 Nov 2023SEK 2.2tSEK 1.2tSEK 119.8b22.1x18.7x1.8x
Wed, 25 Oct 2023SEK 2.0tSEK 1.2tSEK 117.2b20.7x17.2x1.7x
Fri, 22 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b22.4x19.3x1.8x
Price to Earnings Ratio

19.3x


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 21.8x202420252026
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 27.5x which is higher than its 3-year average PE of 21.8x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
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-2.36%
Industrials-4.10%
Machinery-5.12%
Construction Machinery and Vehicles-4.70%
Industrial Machinery-5.33%
Agricultural Machinery-5.60%
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 13.0%, 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
FREEM Freemelt HoldingSEK 1.8643.1%
+SEK 127.5m		1.4%PS9x
IMPC Impact CoatingsSEK 2.9819.7%
+SEK 51.6m		-18.6%PS5.8x
ARENIT SDB Arenit IndustrieSEK 104.002.0%
+SEK 47.7m		n/an/a
GARPCO B Garpco AktiebolagSEK 290.008.2%
+SEK 23.1m		19.8%PE15.9x
CNCJO B ConcejoSEK 47.302.8%
+SEK 15.2m		-10.8%PE3.6x

Latest News

ALFA
SEK 534.20
Alfa Laval
7D
-4.4%
1Y
22.6%
HUSQ B
SEK 36.65
Husqvarna
7D
-5.6%
1Y
-28.1%
SKF B
SEK 263.80
AB SKF
7D
-3.3%
1Y
12.9%
GARPCO B
SEK 290.00
Garpco Aktiebolag
7D
8.2%
1Y
19.8%
SAND
SEK 367.60
Sandvik
7D
-6.5%
1Y
44.0%
ATCO A
SEK 193.25
Atlas Copco
7D
-6.1%
1Y
23.6%
EPI A
SEK 245.30
Epiroc
7D
-6.6%
1Y
20.3%
OPTI
SEK 2.05
OptiCept Technologies
7D
5.6%
1Y
-59.6%
IMPC
SEK 2.98
Impact Coatings
7D
19.7%
1Y
-18.6%
CNCJO B
SEK 47.30
Concejo
7D
2.8%
1Y
-10.8%
VOLV B
SEK 335.40
AB Volvo
7D
-3.9%
1Y
22.9%
Narrative Update • Aug 18

VOLV B: Order Strength Will Eventually Clash With Margin Execution Risks

The analyst fair value estimate for AB Volvo has increased from SEK 270 to SEK 280. Analysts cite stronger truck order trends in North America, higher management sales forecasts in Europe and China, and recent price target increases across several firms as support for the change.
FREEM
SEK 1.86
Freemelt Holding
7D
43.1%
1Y
1.4%
INDT
SEK 241.60
Indutrade
7D
-2.4%
1Y
3.4%
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.
ENVI B
SEK 29.00
Envirologic
7D
0.7%
1Y
-16.7%
ARENIT SDB
SEK 104.00
Arenit Industrie
7D
2.0%
1Y
n/a
AERW B
SEK 2.49
Aerowash
7D
20.9%
1Y
-69.3%