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

Swedish (OMX) Machinery Industry Analysis

UpdatedJul 20, 2026
DataAggregated Company Financials
Companies38
  • 7D-1.1%
  • 3M-0.2%
  • 1Y24.0%
  • YTD12.2%

Over the last 7 days, the Machinery industry has dropped 1.1%, driven by Sandvik declining 13%. In the past year, the industry has gained 24%. 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
Mon, 20 Jul 2026SEK 2.9tSEK 1.2tSEK 111.2b24.5x26.4x2.6x
Wed, 17 Jun 2026SEK 3.0tSEK 1.1tSEK 104.8b26.5x28.2x2.6x
Fri, 15 May 2026SEK 2.8tSEK 1.1tSEK 104.7b25.7x27x2.5x
Sun, 12 Apr 2026SEK 2.9tSEK 1.2tSEK 106.7b24.6x27.3x2.5x
Tue, 10 Mar 2026SEK 2.7tSEK 1.2tSEK 106.7b22.1x25.7x2.4x
Thu, 05 Feb 2026SEK 3.0tSEK 1.2tSEK 106.4b24.9x28x2.6x
Sat, 03 Jan 2026SEK 2.6tSEK 1.2tSEK 109.9b24.7x23.8x2.2x
Mon, 01 Dec 2025SEK 2.5tSEK 1.2tSEK 109.9b24.2x22.9x2.1x
Wed, 29 Oct 2025SEK 2.6tSEK 1.2tSEK 110.7b24.4x23.1x2.2x
Fri, 26 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b22.2x21.2x2x
Sun, 24 Aug 2025SEK 2.5tSEK 1.2tSEK 113.3b23.6x21.7x2.1x
Tue, 22 Jul 2025SEK 2.3tSEK 1.2tSEK 113.0b23.6x20.7x2x
Thu, 19 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b23.3x18.5x1.9x
Sat, 17 May 2025SEK 2.4tSEK 1.2tSEK 123.4b22.8x19.6x2x
Mon, 14 Apr 2025SEK 2.1tSEK 1.2tSEK 125.5b21.5x17x1.8x
Wed, 12 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b24.7x20.6x2.1x
Fri, 07 Feb 2025SEK 2.7tSEK 1.2tSEK 125.5b26.5x21.3x2.2x
Sun, 05 Jan 2025SEK 2.4tSEK 1.2tSEK 124.3b26.2x19.6x2x
Tue, 03 Dec 2024SEK 2.5tSEK 1.2tSEK 124.4b26.2x20.1x2x
Thu, 31 Oct 2024SEK 2.5tSEK 1.2tSEK 124.5b27.4x20.3x2.1x
Sat, 28 Sep 2024SEK 2.7tSEK 1.2tSEK 130.0b26.2x20.6x2.1x
Mon, 26 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.2x19.5x2x
Wed, 24 Jul 2024SEK 2.6tSEK 1.2tSEK 129.8b25.2x20x2.1x
Fri, 21 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b27.6x21.1x2.1x
Sun, 19 May 2024SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.6x2.2x
Tue, 16 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b23.7x20.7x2.1x
Thu, 14 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23.4x20.6x2.1x
Sat, 10 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.1x18.7x1.9x
Mon, 08 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.5x19.2x1.9x
Wed, 06 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22.3x19.2x1.9x
Fri, 03 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b20.8x17.7x1.7x
Sun, 01 Oct 2023SEK 2.1tSEK 1.2tSEK 111.4b22.5x19.3x1.8x
Tue, 29 Aug 2023SEK 2.2tSEK 1.2tSEK 111.3b20.8x19.3x1.8x
Thu, 27 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.1x19.7x1.8x
Price to Earnings Ratio

19.7x


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 21.4x202420252026
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 26.4x which is higher than its 3-year average PE of 21.4x.
  • The 3-year average PS ratio of 2.1x 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 Market0.31%
Industrials0.94%
Machinery-1.05%
Agricultural Machinery2.17%
Industrial Machinery-0.95%
Construction Machinery and Vehicles-1.32%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.2x.
    • Analysts are expecting annual earnings growth of 12.2%, 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 23.5x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 22% 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 12% 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
ATCO A Atlas CopcoSEK 195.503.4%
+SEK 31.8b		28.0%PE35.8x
INDT IndutradeSEK 248.2015.9%
+SEK 12.4b		1.0%PE33.7x
VOLV B AB VolvoSEK 339.101.1%
+SEK 7.7b		28.3%PE19.2x
TROAX Troax GroupSEK 140.0042.0%
+SEK 2.5b		-4.2%PE309.5x
TREL B TrelleborgSEK 417.001.9%
+SEK 1.7b		15.9%PE24.5x

Latest News

INDT
SEK 248.20
Indutrade
7D
15.9%
1Y
1.0%
Analysis Article • Jul 19

Results: Indutrade AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

Indutrade AB (publ) ( STO:INDT ) investors will be delighted, with the company turning in some strong numbers with its...
EPI A
SEK 235.00
Epiroc
7D
-7.5%
1Y
14.6%
SKF B
SEK 249.10
AB SKF
7D
-4.1%
1Y
6.1%
VOLV B
SEK 339.10
AB Volvo
7D
1.1%
1Y
28.3%
SAND
SEK 338.10
Sandvik
7D
-13.2%
1Y
41.5%
BEIA B
SEK 296.00
Beijer Alma
7D
5.3%
1Y
16.3%
ENGCON B
SEK 68.10
engcon
7D
9.0%
1Y
-14.0%
ALIG
SEK 125.00
Alimak Group
7D
10.0%
1Y
-20.0%
TROAX
SEK 140.00
Troax Group
7D
42.0%
1Y
-4.2%
Analysis Article • Jul 18

Troax Group AB (publ) Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Shareholders will be ecstatic, with their stake up 38% over the past week following Troax Group AB (publ) 's...
TREL B
SEK 417.00
Trelleborg
7D
1.9%
1Y
15.9%
Narrative Update • Jul 18

TREL B: Share Repurchases And Dividend Policy Will Sustain Rich P/E

Analysts have raised their price target on Trelleborg to SEK 460, up from a previous fair value estimate of about SEK 340. They cite updated assumptions that include slightly higher revenue growth, modestly stronger profit margins and a lower future P/E multiple.
ATCO A
SEK 195.50
Atlas Copco
7D
3.4%
1Y
28.0%
XANO B
SEK 47.65
XANO Industri
7D
-3.1%
1Y
-22.6%
ENRAD
SEK 9.00
Enrad
7D
-6.6%
1Y
-12.6%
Analysis Article • Jun 20

Companies Like Enrad (NGM:ENRAD) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
EPRO B
SEK 44.15
Electrolux Professional
7D
-0.5%
1Y
-37.1%
Narrative Update • Jun 12

EPRO B: Scandinavian Design Experiences Will Support Future Upside Potential

Analysts have maintained their fair value target for Electrolux Professional at SEK 67, making only small adjustments to assumptions such as the discount rate and future P/E to reflect updated risk and earnings expectations. What's in the News Electrolux Group, under the Electrolux brand, presented "The Swedish Home" installation at Milan Design Week 2026, focusing on calm, clarity and emotional wellbeing in modern homes, rooted in Scandinavian design principles.
ARENIT SDB
SEK 107.50
Arenit Industrie
7D
-1.8%
1Y
n/a
SALT B
SEK 5.70
SaltX Technology Holding
7D
-3.4%
1Y
-7.0%