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Swedish (OMX) Machinery Industry Analysis

UpdatedDec 08, 2023
DataAggregated Company Financials
Companies48
  • 7D2.1%
  • 3M8.2%
  • 1Y21.6%
  • YTD22.5%

Over the last 7 days, the Machinery industry has risen 2.1%, driven by gains in AB Volvo and Atlas Copco of 2.6% and 1.5%, respectively. This means that the industry has gained 17% over the past year. Earnings are forecast to grow by 4.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 09 Dec 2023kr2.3tkr1.2tkr119.8b22x19.4x1.9x
Mon, 06 Nov 2023kr2.1tkr1.2tkr118.6b21.7x17.9x1.7x
Wed, 04 Oct 2023kr2.1tkr1.2tkr111.4b22.3x19.2x1.8x
Fri, 01 Sep 2023kr2.2tkr1.2tkr111.3b20.7x19.3x1.8x
Sun, 30 Jul 2023kr2.2tkr1.2tkr111.4b24.1x20x1.9x
Tue, 27 Jun 2023kr2.2tkr1.1tkr106.2b24.1x20.6x1.9x
Thu, 25 May 2023kr2.1tkr1.1tkr106.1b24.7x20.1x1.9x
Sat, 22 Apr 2023kr2.1tkr1.1tkr103.6b22.7x20.3x1.9x
Mon, 20 Mar 2023kr1.9tkr1.1tkr97.3b22.6x19.8x1.8x
Wed, 15 Feb 2023kr2.0tkr1.1tkr97.5b23x21x1.9x
Fri, 13 Jan 2023kr2.0tkr1.0tkr101.9b18.9x20x2x
Sun, 11 Dec 2022kr2.0tkr1.0tkr101.8b16.7x19.2x1.9x
Tue, 08 Nov 2022kr1.8tkr1.0tkr101.7b16.2x18.1x1.8x
Thu, 06 Oct 2022kr1.7tkr976.0bkr98.7b16.2x17x1.7x
Sat, 03 Sep 2022kr1.7tkr975.9bkr98.7b16.8x17.3x1.8x
Mon, 01 Aug 2022kr1.9tkr974.8bkr99.0b18.5x18.8x1.9x
Wed, 29 Jun 2022kr1.6tkr919.6bkr98.1b16.7x16.7x1.8x
Fri, 27 May 2022kr1.7tkr919.5bkr98.1b17.2x17.3x1.8x
Sun, 24 Apr 2022kr1.9tkr891.8bkr97.8b20.4x19.1x2.1x
Tue, 22 Mar 2022kr2.0tkr884.2bkr97.3b21x20.6x2.3x
Thu, 17 Feb 2022kr2.1tkr883.4bkr97.3b22.4x21.3x2.3x
Sat, 15 Jan 2022kr2.2tkr861.4bkr93.9b24.5x24x2.6x
Mon, 13 Dec 2021kr2.2tkr861.4bkr93.9b24.6x23.6x2.6x
Wed, 10 Nov 2021kr2.2tkr861.2bkr94.0b24.4x23.2x2.5x
Fri, 08 Oct 2021kr2.0tkr793.0bkr85.3b27.6x23x2.5x
Sun, 05 Sep 2021kr2.1tkr793.0bkr85.3b30.9x24.4x2.6x
Tue, 03 Aug 2021kr2.1tkr793.0bkr85.3b31.9x24.8x2.7x
Fri, 07 May 2021kr1.9tkr759.4bkr68.5b36x28.3x2.6x
Mon, 08 Feb 2021kr1.8tkr760.3bkr61.5b34.2x28.9x2.3x
Price to Earnings Ratio

27.4x


Total Market Cap: kr1.7tTotal Earnings: kr61.5bTotal Revenue: kr760.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 21.7x20222023
Current Industry PE
  • Investors are pessimistic on the Swedish Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 19.1x which is lower than its 3-year average PE of 21.7x.
  • The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market2.88%
Industrials2.65%
Machinery2.10%
Agricultural Machinery6.55%
Construction Machinery and Vehicles2.40%
Industrial Machinery1.81%
Industry PE
  • Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio of 12.8x.
    • Analysts are expecting annual earnings growth of 28.7%, which is higher than its past year's earnings decline of 48.2% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 16.6x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 48% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VOLV B AB Volvokr252.703.1%
+kr15.6b		29.9%PE11.6x
ATCO A Atlas Copcokr165.151.4%
+kr11.2b		26.1%PE29.5x
INDT Indutradekr253.108.7%
+kr7.4b		14.8%PE32.5x
HUSQ B Husqvarnakr86.046.5%
+kr3.0b		6.1%PE27.3x
EPI A Epirockr199.000.9%
+kr2.2b		2.6%PE25.1x
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Latest News

BEIA B

kr181.20

Beijer Alma

7D

-0.5%

1Y

10.8%

VOLV B

kr252.70

AB Volvo

7D

3.1%

1Y

29.9%

AB Volvo (STO:VOLV B) Seems To Use Debt Quite Sensibly

Dec 08
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CNCJO B

kr30.05

Concejo

7D

-7.8%

1Y

-16.1%

ATCO A

kr165.15

Atlas Copco

7D

1.4%

1Y

26.1%

EPI A

kr199.00

Epiroc

7D

0.9%

1Y

2.6%

The Returns On Capital At Epiroc (STO:EPI A) Don't Inspire Confidence

Dec 05
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CCC

kr14.85

Cavotec

7D

-2.6%

1Y

-6.9%

Cavotec (STO:CCC) Will Be Hoping To Turn Its Returns On Capital Around

Dec 05
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SAND

kr211.10

Sandvik

7D

0.7%

1Y

11.5%

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Dec 04
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ALFA

kr385.20

Alfa Laval

7D

-1.6%

1Y

25.0%

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Dec 02
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HUSQ B

kr86.04

Husqvarna

7D

6.5%

1Y

6.1%

TREL B

kr327.60

Trelleborg

7D

-0.2%

1Y

27.3%

INDT

kr253.10

Indutrade

7D

8.7%

1Y

14.8%

EPRO B

kr49.66

Electrolux Professional

7D

7.0%

1Y

8.2%

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Nov 16
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SALT B

kr2.51

SaltX Technology Holding

7D

-6.8%

1Y

-53.5%

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Nov 09
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OXE

kr1.09

OXE Marine

7D

-7.2%

1Y

-28.8%

ALIG

kr78.50

Alimak Group

7D

-1.5%

1Y

3.0%

SKF B

kr203.00

AB SKF

7D

1.7%

1Y

17.4%