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Swedish (OMX) Machinery Industry Analysis

UpdatedJan 31, 2026
DataAggregated Company Financials
Companies37
  • 7D0.8%
  • 3M14.8%
  • 1Y6.5%
  • YTD8.8%

Over the last 7 days, the Machinery industry has remained flat, although notably Epiroc gained 9.7%. As for the the longer term, the industry is up 6.5% over the past 12 months. 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
Sat, 31 Jan 2026SEK 2.8tSEK 1.2tSEK 107.4b24.2x26.5x2.5x
Mon, 29 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.4x2.2x
Wed, 26 Nov 2025SEK 2.5tSEK 1.2tSEK 109.9b23.9x22.6x2.1x
Fri, 24 Oct 2025SEK 2.5tSEK 1.2tSEK 111.2b23.8x22.6x2.1x
Sun, 21 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23.2x21.6x2.1x
Tue, 19 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.5x20.9x2x
Thu, 17 Jul 2025SEK 2.4tSEK 1.2tSEK 123.3b24.5x19.4x2x
Sat, 14 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.5x18.7x1.9x
Mon, 12 May 2025SEK 2.3tSEK 1.2tSEK 123.3b21.6x18.7x1.9x
Wed, 09 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.3x16.6x1.7x
Fri, 07 Mar 2025SEK 2.7tSEK 1.2tSEK 125.4b25.8x21.6x2.2x
Sun, 02 Feb 2025SEK 2.7tSEK 1.2tSEK 125.3b27.5x21.4x2.2x
Tue, 31 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26x19.4x2x
Thu, 28 Nov 2024SEK 2.4tSEK 1.2tSEK 124.4b25x19.6x2x
Sat, 26 Oct 2024SEK 2.5tSEK 1.2tSEK 124.7b28.2x20.4x2.1x
Mon, 23 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b26.2x19.4x2x
Wed, 21 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b25.1x19.3x2x
Fri, 19 Jul 2024SEK 2.6tSEK 1.2tSEK 125.4b25.4x20.9x2.1x
Sun, 16 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b26.9x21x2.1x
Tue, 14 May 2024SEK 2.7tSEK 1.2tSEK 125.4b27.3x21.6x2.2x
Thu, 11 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b24.3x20.7x2.1x
Sat, 09 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23x20.4x2.1x
Mon, 05 Feb 2024SEK 2.4tSEK 1.3tSEK 126.7b21.9x18.8x1.9x
Wed, 03 Jan 2024SEK 2.4tSEK 1.2tSEK 119.8b22.3x20.1x2x
Fri, 01 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b21.6x19x1.8x
Sun, 29 Oct 2023SEK 2.0tSEK 1.2tSEK 118.6b20.2x17.3x1.7x
Tue, 26 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.1x19.2x1.8x
Thu, 24 Aug 2023SEK 2.1tSEK 1.2tSEK 111.3b20.7x19.1x1.8x
Sat, 22 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.6x19.5x1.8x
Mon, 19 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24.1x21.1x2x
Wed, 17 May 2023SEK 2.1tSEK 1.1tSEK 106.1b23.2x20.2x1.9x
Fri, 14 Apr 2023SEK 2.1tSEK 1.1tSEK 97.3b22.9x21.4x1.9x
Sun, 12 Mar 2023SEK 2.0tSEK 1.1tSEK 97.3b22.4x20.6x1.8x
Tue, 07 Feb 2023SEK 2.1tSEK 1.1tSEK 97.5b22.8x21.2x1.9x
Price to Earnings Ratio

21.2x


Total Market Cap: SEK 2.1tTotal Earnings: SEK 97.5bTotal Revenue: SEK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.4x202420252026
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 26.5x which is higher than its 3-year average PE of 20.4x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 3.3% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 Market-0.82%
Industrials-0.64%
Machinery0.83%
Construction Machinery and Vehicles4.72%
Agricultural Machinery-0.82%
Industrial Machinery-1.08%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 25.3x.
    • Analysts are expecting annual earnings growth of 9.7%, which is higher than its past year's earnings decline of 5.3% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 25.7x.
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 decline of 0.4% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 9.7% 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
EPI A EpirocSEK 249.709.7%
+SEK 26.7b		17.7%PE35.1x
SAND SandvikSEK 351.705.6%
+SEK 23.3b		52.9%PE30x
VOLV B AB VolvoSEK 324.002.8%
+SEK 18.1b		5.6%PE19.1x
ALFA Alfa LavalSEK 517.402.2%
+SEK 4.5b		4.4%PE25.6x
EPRO B Electrolux ProfessionalSEK 61.502.3%
+SEK 402.4m		-19.9%PE24x

Latest News

SAND
SEK 351.70
Sandvik
7D
5.6%
1Y
52.9%

Sandvik AB (publ) (STO:SAND) Just Reported And Analysts Have Been Lifting Their Price Targets

Jan 31
Sandvik AB (publ) (STO:SAND) Just Reported And Analysts Have Been Lifting Their Price Targets
SKF B
SEK 232.60
AB SKF
7D
-7.3%
1Y
3.5%
VOLV B
SEK 324.00
AB Volvo
7D
2.8%
1Y
5.6%
TREL B
SEK 360.00
Trelleborg
7D
-5.0%
1Y
-14.1%
INDT
SEK 209.00
Indutrade
7D
-8.0%
1Y
-31.8%
EPRO B
SEK 61.50
Electrolux Professional
7D
2.3%
1Y
-19.9%
ATCO A
SEK 183.75
Atlas Copco
7D
-3.1%
1Y
-1.3%
EPI A
SEK 249.70
Epiroc
7D
9.7%
1Y
17.7%

Epiroc (STO:EPI A) Has Affirmed Its Dividend Of SEK1.90

Jan 29
Epiroc (STO:EPI A) Has Affirmed Its Dividend Of SEK1.90
BEIA B
SEK 264.50
Beijer Alma
7D
-7.0%
1Y
49.9%
ALFA
SEK 517.40
Alfa Laval
7D
2.2%
1Y
4.4%

ALFA: Rising P E Multiples Will Exceed Comfortable Execution Risk Limits

Analysts have increased their fair value estimate for Alfa Laval from SEK 348.52 to SEK 420.00. This change reflects updated assumptions around growth, profitability and P/E multiples, in line with higher Street price targets rising from SEK 468 to SEK 540.
ENGCON B
SEK 79.80
engcon
7D
3.2%
1Y
-23.4%

engcon (STO:ENGCON B) Knows How To Allocate Capital Effectively

Jan 21
engcon (STO:ENGCON B) Knows How To Allocate Capital Effectively
TROAX
SEK 145.00
Troax Group
7D
-4.4%
1Y
-38.0%
BIOEX
SEK 2.40
Bioextrax
7D
32.6%
1Y
-13.7%
ALIG
SEK 136.40
Alimak Group
7D
-1.4%
1Y
17.4%

Alimak Group AB (publ)'s (STO:ALIG) Share Price Not Quite Adding Up

Jan 16
Alimak Group AB (publ)'s (STO:ALIG) Share Price Not Quite Adding Up
XANO B
SEK 90.80
XANO Industri
7D
1.7%
1Y
67.5%

What XANO Industri AB (publ)'s (STO:XANO B) 35% Share Price Gain Is Not Telling You

Jan 08
What XANO Industri AB (publ)'s (STO:XANO B) 35% Share Price Gain Is Not Telling You
VBG B
SEK 384.40
VBG Group
7D
-4.1%
1Y
16.5%