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Swedish (OMX) Machinery Industry Analysis

UpdatedSep 14, 2026
DataAggregated Company Financials
Companies39
  • 7D-2.0%
  • 3M3.5%
  • 1Y26.5%
  • YTD17.2%

Over the last 7 days, the Machinery industry has dropped 1.2%, driven by a pullback from AB Volvo of 2.3%. This takes the industry's 12 month performance to a gain of 26%. 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, 14 Sep 2026SEK 3.1tSEK 1.2tSEK 111.1b24.8x27.5x2.7x
Wed, 12 Aug 2026SEK 3.1tSEK 1.2tSEK 111.2b25.5x27.9x2.7x
Fri, 10 Jul 2026SEK 3.0tSEK 1.1tSEK 104.8b26.3x28.3x2.6x
Sun, 07 Jun 2026SEK 2.9tSEK 1.1tSEK 104.8b26.4x27.6x2.6x
Tue, 05 May 2026SEK 2.8tSEK 1.1tSEK 104.7b25.2x26.7x2.5x
Thu, 02 Apr 2026SEK 2.8tSEK 1.2tSEK 106.7b24.2x25.8x2.4x
Sat, 28 Feb 2026SEK 3.1tSEK 1.2tSEK 106.7b24.7x28.7x2.7x
Mon, 26 Jan 2026SEK 2.8tSEK 1.2tSEK 109.9b25.1x25.7x2.4x
Wed, 24 Dec 2025SEK 2.6tSEK 1.2tSEK 109.9b24.4x23.4x2.2x
Fri, 21 Nov 2025SEK 2.4tSEK 1.2tSEK 109.9b23.4x21.9x2x
Sun, 19 Oct 2025SEK 2.4tSEK 1.2tSEK 110.8b23.1x22x2.1x
Tue, 16 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23.2x21.4x2x
Thu, 14 Aug 2025SEK 2.4tSEK 1.2tSEK 113.3b23.8x20.9x2x
Sat, 12 Jul 2025SEK 2.5tSEK 1.2tSEK 123.4b24.4x19.9x2x
Mon, 09 Jun 2025SEK 2.4tSEK 1.2tSEK 123.4b24.6x19.1x1.9x
Wed, 07 May 2025SEK 2.3tSEK 1.2tSEK 123.3b21.1x18.3x1.9x
Fri, 04 Apr 2025SEK 2.2tSEK 1.2tSEK 125.5b21.8x17.8x1.8x
Sun, 02 Mar 2025SEK 2.7tSEK 1.2tSEK 125.5b26.5x21.5x2.2x
Tue, 28 Jan 2025SEK 2.7tSEK 1.2tSEK 124.4b28.7x21.6x2.2x
Thu, 26 Dec 2024SEK 2.4tSEK 1.2tSEK 124.3b26.2x19.3x2x
Sat, 23 Nov 2024SEK 2.4tSEK 1.2tSEK 124.4b24.7x19.7x2x
Mon, 21 Oct 2024SEK 2.6tSEK 1.2tSEK 125.9b25.3x20.4x2.1x
Wed, 18 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b26.2x19.2x2x
Fri, 16 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.3x19.3x2x
Sun, 14 Jul 2024SEK 2.7tSEK 1.2tSEK 125.4b27.1x21.5x2.2x
Tue, 11 Jun 2024SEK 2.7tSEK 1.2tSEK 125.4b25.5x21.6x2.2x
Thu, 09 May 2024SEK 2.7tSEK 1.2tSEK 125.4b27.2x21.5x2.2x
Sat, 06 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b24.7x20.6x2.1x
Mon, 04 Mar 2024SEK 2.5tSEK 1.2tSEK 127.0b22.9x20x2x
Wed, 31 Jan 2024SEK 2.3tSEK 1.3tSEK 126.6b21.5x18.3x1.8x
Fri, 29 Dec 2023SEK 2.4tSEK 1.2tSEK 119.8b22.1x20.2x2x
Sun, 26 Nov 2023SEK 2.2tSEK 1.2tSEK 119.8b22.1x18.7x1.8x
Tue, 24 Oct 2023SEK 2.0tSEK 1.2tSEK 117.2b21.3x17.2x1.7x
Thu, 21 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b22.7x19.6x1.8x
Price to Earnings Ratio

19.6x


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-1.37%
Industrials-1.94%
Machinery-1.95%
Industrial Machinery-1.60%
Construction Machinery and Vehicles-2.61%
Agricultural Machinery-4.27%
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
TREL B TrelleborgSEK 452.000.4%
+SEK 445.0m		19.4%PE26.5x
FREEM Freemelt HoldingSEK 1.9449.2%
+SEK 145.7m		5.7%PS9.4x
IMPC Impact CoatingsSEK 2.9920.1%
+SEK 52.6m		-18.3%PS5.8x
ARENIT SDB Arenit IndustrieSEK 103.001.0%
+SEK 23.8m		n/an/a
CNCJO B ConcejoSEK 47.202.6%
+SEK 14.0m		-10.9%PE3.6x

Latest News

HUSQ B
SEK 37.14
Husqvarna
7D
-4.4%
1Y
-27.1%
SKF B
SEK 269.20
AB SKF
7D
-1.3%
1Y
15.2%
SAND
SEK 385.20
Sandvik
7D
-2.1%
1Y
50.9%
ALFA
SEK 548.20
Alfa Laval
7D
-1.9%
1Y
25.8%
ATCO A
SEK 202.80
Atlas Copco
7D
-1.4%
1Y
29.7%
SINT
SEK 106.00
SinterCast
7D
1.0%
1Y
-3.2%
EPI A
SEK 254.70
Epiroc
7D
-3.0%
1Y
24.9%
OPTI
SEK 2.01
OptiCept Technologies
7D
3.5%
1Y
-60.4%
IMPC
SEK 2.99
Impact Coatings
7D
20.1%
1Y
-18.3%
CNCJO B
SEK 47.20
Concejo
7D
2.6%
1Y
-10.9%
VOLV B
SEK 340.50
AB Volvo
7D
-2.4%
1Y
24.8%
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 1.94
Freemelt Holding
7D
49.2%
1Y
5.7%
INDT
SEK 241.20
Indutrade
7D
-2.6%
1Y
3.3%
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.
TREL B
SEK 452.00
Trelleborg
7D
0.4%
1Y
19.4%
Narrative Update • Aug 01

TREL B: Future View Will Balance Expanded Buybacks And Mixed Rating Signals

Trelleborg's updated analyst price target rises to SEK 446 from SEK 429, with analysts pointing to slightly higher revenue growth assumptions, a modestly lower discount rate and a recalibrated future P/E multiple as key drivers of the change. Analyst Commentary Recent Street research on Trelleborg shows a mix of cautious and constructive views on the stock, with price targets set in both CHF and SEK.
ARENIT SDB
SEK 103.00
Arenit Industrie
7D
1.0%
1Y
n/a
AERW B
SEK 2.49
Aerowash
7D
20.9%
1Y
-69.3%