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Swedish (OMX) Machinery Industry Analysis

UpdatedDec 03, 2025
DataAggregated Company Financials
Companies37
  • 7D1.2%
  • 3M6.0%
  • 1Y-0.4%
  • YTD3.0%

Over the last 7 days, the Machinery industry has risen 1.2%, driven by gains from Atlas Copco of 2.7%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Dec 2025SEK 2.5tSEK 1.2tSEK 109.9b24.2x22.9x2.1x
Fri, 31 Oct 2025SEK 2.5tSEK 1.2tSEK 109.9b24.6x22.8x2.1x
Sun, 28 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b22.3x21.3x2x
Tue, 26 Aug 2025SEK 2.4tSEK 1.2tSEK 113.2b23.5x21.4x2x
Thu, 24 Jul 2025SEK 2.4tSEK 1.2tSEK 113.3b24.4x21.3x2x
Sat, 21 Jun 2025SEK 2.3tSEK 1.2tSEK 123.4b24x18.5x1.9x
Mon, 19 May 2025SEK 2.4tSEK 1.2tSEK 123.4b22.8x19.6x2x
Wed, 16 Apr 2025SEK 2.2tSEK 1.2tSEK 125.5b21.4x17.8x1.8x
Fri, 14 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b24.9x20.6x2.1x
Sun, 09 Feb 2025SEK 2.6tSEK 1.2tSEK 125.5b26.2x21.1x2.2x
Tue, 07 Jan 2025SEK 2.4tSEK 1.2tSEK 124.3b26.2x19.6x2x
Thu, 05 Dec 2024SEK 2.6tSEK 1.2tSEK 124.3b26x20.6x2.1x
Sat, 02 Nov 2024SEK 2.5tSEK 1.2tSEK 124.3b27.7x20.1x2x
Mon, 30 Sep 2024SEK 2.7tSEK 1.2tSEK 130.0b26.2x20.6x2.1x
Wed, 28 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b23.1x19.4x2x
Fri, 26 Jul 2024SEK 2.5tSEK 1.2tSEK 130.0b24.6x19.6x2x
Sun, 23 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b27.6x21.1x2.1x
Tue, 21 May 2024SEK 2.8tSEK 1.2tSEK 125.4b25.7x22x2.2x
Thu, 18 Apr 2024SEK 2.6tSEK 1.2tSEK 128.1b23.4x20.3x2.1x
Sat, 16 Mar 2024SEK 2.7tSEK 1.2tSEK 127.0b23.4x20.9x2.1x
Mon, 12 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.1x18.7x1.9x
Wed, 10 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.6x19.3x1.9x
Fri, 08 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22x19.4x1.9x
Sun, 05 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b21.7x17.9x1.7x
Tue, 03 Oct 2023SEK 2.1tSEK 1.2tSEK 111.4b22.8x19.3x1.8x
Thu, 31 Aug 2023SEK 2.2tSEK 1.2tSEK 111.3b20.8x19.5x1.8x
Sat, 29 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.1x20x1.9x
Mon, 26 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24x20.5x1.9x
Wed, 24 May 2023SEK 2.2tSEK 1.1tSEK 106.1b24.6x20.6x1.9x
Fri, 21 Apr 2023SEK 2.1tSEK 1.1tSEK 103.2b23.1x20.6x1.9x
Sun, 19 Mar 2023SEK 1.9tSEK 1.1tSEK 97.3b22.6x19.8x1.8x
Tue, 14 Feb 2023SEK 2.1tSEK 1.1tSEK 97.5b22.9x21.1x1.9x
Thu, 12 Jan 2023SEK 2.0tSEK 1.0tSEK 101.9b18.1x19.9x1.9x
Sat, 10 Dec 2022SEK 2.0tSEK 1.0tSEK 101.8b16.7x19.2x1.9x
Price to Earnings Ratio

19.2x


Total Market Cap: SEK 2.0tTotal Earnings: SEK 101.8bTotal Revenue: SEK 1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.1x202320242025
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 22.9x which is higher than its 3-year average PE of 20.1x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 2.6% per year over the last three years.
  • Revenues for these companies have grown 4.0% 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 Market0.56%
Industrials0.68%
Machinery1.25%
Industrial Machinery1.79%
Construction Machinery and Vehicles0.24%
Agricultural Machinery-0.33%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 25.1x.
    • Analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings growth of 0.5% per year.
  • Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 25.4x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 25% 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 9.9% 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 161.202.7%
+SEK 20.7b		-9.4%PE28.4x
SAND SandvikSEK 288.401.7%
+SEK 5.9b		37.7%PE24.5x
VOLV B AB VolvoSEK 282.600.3%
+SEK 1.8b		1.3%PE16.2x
SKF B AB SKFSEK 247.201.5%
+SEK 1.7b		15.5%PE23.1x
ALFA Alfa LavalSEK 444.800.8%
+SEK 1.5b		-8.8%PE22x

Latest News

VOLV B
SEK 282.60
AB Volvo
7D
0.3%
1Y
1.3%

Why Investors Shouldn't Be Surprised By AB Volvo (publ)'s (STO:VOLV B) Low P/E

Dec 02
Why Investors Shouldn't Be Surprised By AB Volvo (publ)'s (STO:VOLV B) Low P/E
EPI A
SEK 200.70
Epiroc
7D
0.3%
1Y
-3.0%

Epiroc AB (publ) (STO:EPI A) Investors Are Less Pessimistic Than Expected

Dec 02
Epiroc AB (publ) (STO:EPI A) Investors Are Less Pessimistic Than Expected
INDT
SEK 231.20
Indutrade
7D
-0.2%
1Y
-19.6%

A Look At The Intrinsic Value Of Indutrade AB (publ) (STO:INDT)

Nov 30
A Look At The Intrinsic Value Of Indutrade AB (publ) (STO:INDT)
TREL B
SEK 391.80
Trelleborg
7D
0.9%
1Y
5.2%

TREL B: Shares Will Respond To Demand Trends And Margin Dynamics Ahead

Analysts have increased their price target for Trelleborg from SEK 405.71 to SEK 415.25. They cite improved revenue growth projections, but note only a modest adjustment to profit margin expectations.
SAND
SEK 288.40
Sandvik
7D
1.7%
1Y
37.7%

SAND: Price Upgrades Will Drive Near-Term Momentum Amid Sector Headwinds

Sandvik's analyst price target has been increased, with new targets ranging up to SEK 335, as analysts cite continued improvements in fundamentals and sustained positive momentum across recent research updates. Analyst Commentary Recent analyst research reflects a range of perspectives on Sandvik's outlook, marked chiefly by several upward price target revisions as well as a notable downgrade amid the broader sector context.
SALT B
SEK 4.37
SaltX Technology Holding
7D
-17.2%
1Y
14.3%
ATCO A
SEK 161.20
Atlas Copco
7D
2.7%
1Y
-9.4%
SKF B
SEK 247.20
AB SKF
7D
1.5%
1Y
15.5%

SKF B: Outlook Will Balance Autos Spin-Off Potential And Sector Volatility

Analysts have slightly increased their fair value estimate for AB SKF from SEK 260.79 to SEK 266.86. This revision reflects stronger profit margins and expectations for improved long-term performance, despite recent variations in price targets among major research firms.
ALIG
SEK 144.20
Alimak Group
7D
1.5%
1Y
20.4%

ALIG: Stable Margins And Revenue Will Support Future Price Upside

Analysts have maintained their price target for Alimak Group at SEK 169.33, citing a stable outlook supported by minor adjustments to key valuation metrics and unchanged growth expectations. Valuation Changes Fair Value remains unchanged at SEK 169.33.
ENGCON B
SEK 76.30
engcon
7D
-2.7%
1Y
-33.4%

engcon (STO:ENGCON B) Could Easily Take On More Debt

Nov 26
engcon (STO:ENGCON B) Could Easily Take On More Debt
ALFA
SEK 444.80
Alfa Laval
7D
0.8%
1Y
-8.8%

ALFA: Recent Upgrades And Partnerships Will Support Durable Performance Ahead

The fair value estimate for Alfa Laval has increased modestly by SEK 1.71 to SEK 467.64. This adjustment reflects analysts' improved outlook based on recent upward revisions in price targets, alongside expectations of steady revenue growth and profitability.
HUSQ B
SEK 44.81
Husqvarna
7D
-0.3%
1Y
-28.9%

HUSQ B: Ongoing Restructuring Efforts And AI Rollouts Will Drive Margin Improvement

Analysts have lowered their price target for Husqvarna from SEK 55 to SEK 50, citing ongoing structural challenges as well as the need for clear management strategies to spur future growth. Analyst Commentary Recent analyst assessments reflect a balanced view of Husqvarna's prospects, highlighting both the company's strengths and areas where caution is warranted by investors.
VBG B
SEK 382.40
VBG Group
7D
-1.9%
1Y
31.2%
CCC
SEK 14.10
Cavotec Group
7D
-2.1%
1Y
n/a
EPRO B
SEK 64.60
Electrolux Professional
7D
-2.0%
1Y
-5.6%
TROAX
SEK 135.80
Troax Group
7D
-3.7%
1Y
-36.8%