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Swedish (OMX) Machinery Industry Analysis

UpdatedNov 07, 2025
DataAggregated Company Financials
Companies37
  • 7D-2.6%
  • 3M2.7%
  • 1Y-5.9%
  • YTD0.3%

Over the last 7 days, the Machinery industry has dropped 1.8%, driven by Atlas Copco declining 3.7%. As for the longer term, the industry's performance has been flat for the past year. 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
Fri, 07 Nov 2025SEK 2.4tSEK 1.2tSEK 110.0b24.4x22.2x2.1x
Sun, 05 Oct 2025SEK 2.5tSEK 1.2tSEK 113.3b22.9x22.2x2.1x
Tue, 02 Sep 2025SEK 2.4tSEK 1.2tSEK 113.3b23x21.3x2x
Thu, 31 Jul 2025SEK 2.4tSEK 1.2tSEK 113.3b24x21.3x2x
Sat, 28 Jun 2025SEK 2.4tSEK 1.2tSEK 123.4b24.6x19.1x1.9x
Mon, 26 May 2025SEK 2.3tSEK 1.2tSEK 123.4b21.9x18.8x1.9x
Wed, 23 Apr 2025SEK 2.2tSEK 1.2tSEK 128.0b21.2x17.1x1.8x
Fri, 21 Mar 2025SEK 2.6tSEK 1.2tSEK 125.4b25.3x20.7x2.1x
Sun, 16 Feb 2025SEK 2.7tSEK 1.2tSEK 125.6b27.1x21.8x2.3x
Tue, 14 Jan 2025SEK 2.5tSEK 1.2tSEK 124.3b25.2x19.7x2x
Thu, 12 Dec 2024SEK 2.6tSEK 1.2tSEK 124.3b26.5x20.5x2.1x
Sat, 09 Nov 2024SEK 2.6tSEK 1.2tSEK 124.4b27.3x20.6x2.1x
Mon, 07 Oct 2024SEK 2.6tSEK 1.2tSEK 130.0b25.3x20.4x2.1x
Wed, 04 Sep 2024SEK 2.5tSEK 1.2tSEK 130.0b27.1x19.4x2x
Fri, 02 Aug 2024SEK 2.5tSEK 1.2tSEK 129.9b24.6x19.4x2x
Sun, 30 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b26.5x21x2.1x
Tue, 28 May 2024SEK 2.8tSEK 1.2tSEK 125.4b25.6x22x2.2x
Thu, 25 Apr 2024SEK 2.6tSEK 1.2tSEK 125.6b26x20.9x2.1x
Sat, 23 Mar 2024SEK 2.7tSEK 1.2tSEK 127.0b24.6x21.3x2.2x
Mon, 19 Feb 2024SEK 2.5tSEK 1.2tSEK 126.9b22.8x19.4x2x
Wed, 17 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b21.9x19.3x1.9x
Fri, 15 Dec 2023SEK 2.4tSEK 1.2tSEK 119.8b21.8x19.9x1.9x
Sun, 12 Nov 2023SEK 2.1tSEK 1.2tSEK 118.5b20.9x17.9x1.7x
Tue, 10 Oct 2023SEK 2.1tSEK 1.2tSEK 111.4b22.1x18.8x1.7x
Thu, 07 Sep 2023SEK 2.2tSEK 1.2tSEK 111.4b22.2x19.7x1.8x
Sat, 05 Aug 2023SEK 2.2tSEK 1.2tSEK 111.4b24.1x19.6x1.8x
Mon, 03 Jul 2023SEK 2.2tSEK 1.1tSEK 106.2b24.8x21x1.9x
Wed, 31 May 2023SEK 2.2tSEK 1.1tSEK 106.3b23.2x20.5x1.9x
Fri, 28 Apr 2023SEK 2.2tSEK 1.1tSEK 104.2b23x20.8x1.9x
Sun, 26 Mar 2023SEK 1.9tSEK 1.1tSEK 97.3b22x19.9x1.8x
Tue, 21 Feb 2023SEK 2.1tSEK 1.1tSEK 97.4b22.9x21.1x1.9x
Thu, 19 Jan 2023SEK 2.1tSEK 1.0tSEK 101.9b19.6x20.3x2x
Sat, 17 Dec 2022SEK 1.9tSEK 1.0tSEK 101.9b16.5x18.6x1.8x
Mon, 14 Nov 2022SEK 2.0tSEK 1.0tSEK 101.7b17.4x19.5x1.9x
Price to Earnings Ratio

19.5x


Total Market Cap: SEK 2.0tTotal Earnings: SEK 101.7bTotal 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 22.4x 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 4.1% 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 Market-2.32%
Industrials-2.81%
Machinery-2.56%
Construction Machinery and Vehicles-1.33%
Industrial Machinery-3.10%
Agricultural Machinery-4.55%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry, which is trading close to its 3-year average PE ratio of 25.0x.
    • Analysts are expecting annual earnings growth of 9.9%, which is higher than its past year's earnings decline of 2.1% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.5x.
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
SKF B AB SKFSEK 255.202.7%
+SEK 3.1b		18.1%PE23.9x
XANO B XANO IndustriSEK 63.602.6%
+SEK 94.9m		6.4%PE16.5x
GARPCO B Garpco AktiebolagSEK 260.0010.2%
+SEK 25.2m		8.3%PS0.4x
BAWAT Bawat Water TechnologiesSEK 1.2317.1%
+SEK 15.9m		7.9%PS7.7x
AERW B AerowashSEK 2.4920.9%
+SEK 5.7m		-69.3%PS0.6x

Latest News

GARPCO B
SEK 260.00
Garpco Aktiebolag
7D
10.2%
1Y
8.3%

Is Garpco Aktiebolag (NGM:GARPCO B) A Risky Investment?

Nov 06
Is Garpco Aktiebolag (NGM:GARPCO B) A Risky Investment?
ALFA
SEK 445.00
Alfa Laval
7D
-2.5%
1Y
-6.7%

ALFA: Recent Ratings Upgrades Will Drive Confidence Amid Margin and Competition Risks

The analyst fair value estimate for Alfa Laval has increased from SEK 452.29 to SEK 465.93. This reflects analysts’ higher price targets, driven by an updated industry outlook and recent research upgrades.
FREEM
SEK 1.80
Freemelt Holding
7D
0.8%
1Y
5.0%
HUSQ B
SEK 44.31
Husqvarna
7D
-4.5%
1Y
-34.8%

HUSQ B: Execution And Cost Savings Will Drive Share Performance Through 2027

Analysts have revised Husqvarna’s fair value estimate down from SEK 58.25 to SEK 52.08. They cite closer attention to structural challenges and the need for clearer recovery plans, even as the company continues to focus on innovation-led growth.
XANO B
SEK 63.60
XANO Industri
7D
2.6%
1Y
6.4%
EPI A
SEK 195.90
Epiroc
7D
-3.9%
1Y
-9.2%

Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Nov 01
Epiroc AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
TREL B
SEK 388.40
Trelleborg
7D
-3.2%
1Y
3.0%

TREL B: Share Repurchases And Margin Strength Will Support Balanced Outlook

Analysts have raised Trelleborg's fair value estimate to approximately SEK 406 from SEK 378, citing improved revenue growth projections and stronger profit margins as key factors behind the upward revision. Analyst Commentary Bullish Takeaways Bullish analysts highlight the positive momentum in Trelleborg's revenue growth, which supports the recent increase in fair value estimates.
SAND
SEK 287.20
Sandvik
7D
-0.3%
1Y
32.5%

SAND: Recent Upgrades And Equipment Orders Will Shape Mining Outlook Ahead

Sandvik's analyst price target has increased from SEK 269.17 to SEK 282.56. Analysts cite recent upgrades and stronger growth expectations as reasons for the change.
ENGCON B
SEK 76.70
engcon
7D
-6.2%
1Y
-36.8%

engcon AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Oct 31
engcon AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
SKF B
SEK 255.20
AB SKF
7D
2.7%
1Y
18.1%

SKF B: Spinning Off Autos Will Support Future Execution And Efficiency Gains

AB SKF's analyst fair value estimate has increased slightly from SEK 255.87 to SEK 257.00. Analysts expect stronger revenue growth and ongoing structural improvements to offset a modest decrease in profit margins.
AERW B
SEK 2.49
Aerowash
7D
20.9%
1Y
-69.3%
INDT
SEK 240.20
Indutrade
7D
-6.7%
1Y
-18.4%

Acquisition Integration And Sustained Demand Will Determine Future Profit Margins

Indutrade's analyst price target has been raised from SEK 268 to SEK 275. Analysts cite improved revenue growth expectations and higher profit margins as factors supporting the updated outlook.
ATCO A
SEK 156.70
Atlas Copco
7D
-5.0%
1Y
-14.4%
PCOM B
SEK 1.01
Precomp Solutions
7D
2.5%
1Y
-1.9%
ENVI B
SEK 29.00
Envirologic
7D
0.7%
1Y
-16.7%
BAWAT
SEK 1.23
Bawat Water Technologies
7D
17.1%
1Y
7.9%