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Swedish (OMX) Machinery Industry Analysis

UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies37
  • 7D2.9%
  • 3M18.9%
  • 1Y10.7%
  • YTD12.3%

In the last week, the Machinery industry is up 2.9%, with AB Volvo up 8.0%. In the last 12 months, the industry was up 11%. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Feb 2026SEK 2.9tSEK 1.2tSEK 106.4b24.7x27.5x2.5x
Fri, 02 Jan 2026SEK 2.6tSEK 1.2tSEK 109.9b24.7x23.7x2.2x
Sun, 30 Nov 2025SEK 2.5tSEK 1.2tSEK 109.9b24.2x22.9x2.1x
Tue, 28 Oct 2025SEK 2.6tSEK 1.2tSEK 110.7b24.5x23.2x2.2x
Thu, 25 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b22.5x21.4x2.1x
Sat, 23 Aug 2025SEK 2.5tSEK 1.2tSEK 113.3b23.6x21.7x2.1x
Mon, 21 Jul 2025SEK 2.3tSEK 1.2tSEK 113.0b24.1x20.7x2x
Wed, 18 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.4x18.7x1.9x
Fri, 16 May 2025SEK 2.4tSEK 1.2tSEK 123.4b22.7x19.7x2x
Sun, 13 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.5x17x1.8x
Tue, 11 Mar 2025SEK 2.7tSEK 1.2tSEK 125.4b25.4x21.3x2.2x
Thu, 06 Feb 2025SEK 2.7tSEK 1.2tSEK 125.3b27.1x21.2x2.2x
Sat, 04 Jan 2025SEK 2.4tSEK 1.2tSEK 124.3b26.2x19.6x2x
Mon, 02 Dec 2024SEK 2.5tSEK 1.2tSEK 124.3b26.6x19.7x2x
Wed, 30 Oct 2024SEK 2.6tSEK 1.2tSEK 124.5b28x20.5x2.1x
Fri, 27 Sep 2024SEK 2.7tSEK 1.2tSEK 130.0b26.6x20.5x2.1x
Sun, 25 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.2x19.5x2x
Tue, 23 Jul 2024SEK 2.6tSEK 1.2tSEK 129.8b24.7x20x2.1x
Thu, 20 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b27.4x20.9x2.1x
Sat, 18 May 2024SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.6x2.2x
Mon, 15 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b23.8x20.4x2.1x
Wed, 13 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23.5x20.6x2.1x
Fri, 09 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.7x18.8x1.9x
Sun, 07 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.5x19.2x1.9x
Tue, 05 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22.5x19x1.9x
Thu, 02 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b21.1x17.4x1.7x
Sat, 30 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.5x19.3x1.8x
Mon, 28 Aug 2023SEK 2.1tSEK 1.2tSEK 111.3b20.6x19x1.8x
Wed, 26 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.2x19.9x1.8x
Fri, 23 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24x20.5x1.9x
Sun, 21 May 2023SEK 2.2tSEK 1.1tSEK 106.1b25x21x1.9x
Tue, 18 Apr 2023SEK 2.1tSEK 1.1tSEK 97.3b23.5x21.9x2x
Thu, 16 Mar 2023SEK 1.9tSEK 1.1tSEK 97.3b22.6x19.8x1.8x
Sat, 11 Feb 2023SEK 2.0tSEK 1.1tSEK 97.5b22.6x20.8x1.9x
Price to Earnings Ratio

20.8x


Total Market Cap: SEK 2.0tTotal 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 27.5x 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 3.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Swedish Industrials industry?

SE Market0.12%
Industrials1.10%
Machinery2.86%
Construction Machinery and Vehicles6.57%
Agricultural Machinery2.56%
Industrial Machinery0.96%
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
VOLV B AB VolvoSEK 340.508.0%
+SEK 51.0b		10.9%PE20.1x
SAND SandvikSEK 365.805.9%
+SEK 25.6b		61.4%PE31.2x
EPI A EpirocSEK 261.803.7%
+SEK 11.4b		25.4%PE36.8x
ATCO A Atlas CopcoSEK 186.950.2%
+SEK 1.7b		0.9%PE34.5x
ENGCON B engconSEK 84.608.2%
+SEK 975.9m		-19.4%PE57.5x

Latest News

ATCO A
SEK 186.95
Atlas Copco
7D
0.2%
1Y
0.9%
ALFA
SEK 505.40
Alfa Laval
7D
-1.3%
1Y
3.6%
HUSQ B
SEK 46.65
Husqvarna
7D
2.6%
1Y
-20.2%

HUSQ B: Golf Partnerships Will Shape A Steady Outlook Ahead

Analysts have trimmed their fair value estimate for Husqvarna from €48.00 to €44.00, reflecting updated assumptions for a slightly higher discount rate, more modest revenue growth of 0.73% and a profit margin of 5.43%, along with a revised future P/E of 11.79x. What's in the News Husqvarna signed a multi year agreement to become the new Title Partner of the British Masters, with the 2026 Husqvarna British Masters to be played at The Belfry on the Brabazon Course in England (Client Announcements).
TREL B
SEK 379.70
Trelleborg
7D
-0.8%
1Y
-7.8%

Trelleborg (STO:TREL B) Has Announced That It Will Be Increasing Its Dividend To SEK8.00

Feb 01
Trelleborg (STO:TREL B) Has Announced That It Will Be Increasing Its Dividend To SEK8.00
SKF B
SEK 239.00
AB SKF
7D
-5.0%
1Y
9.4%
SAND
SEK 365.80
Sandvik
7D
5.9%
1Y
61.4%

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
VOLV B
SEK 340.50
AB Volvo
7D
8.0%
1Y
10.9%
EPRO B
SEK 61.30
Electrolux Professional
7D
2.3%
1Y
-18.9%
EPI A
SEK 261.80
Epiroc
7D
3.7%
1Y
25.4%

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 270.00
Beijer Alma
7D
-2.2%
1Y
49.7%
ENGCON B
SEK 84.60
engcon
7D
8.2%
1Y
-19.4%

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
-2.2%
1Y
-36.7%
XANO B
SEK 94.10
XANO Industri
7D
4.6%
1Y
71.7%

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
SALT B
SEK 4.35
SaltX Technology Holding
7D
-6.2%
1Y
32.7%
VBG B
SEK 392.40
VBG Group
7D
-0.6%
1Y
19.3%
CCC
SEK 14.30
Cavotec Group
7D
-9.5%
1Y
n/a