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

Swedish (OMX) Construction Machinery and Vehicles Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies6
  • 7D-1.2%
  • 3M-6.6%
  • 1Y20.3%
  • YTDn/a

Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 2.3%, driven by Epiroc declining 2.5%. On the other hand engcon is actually up 6.0%. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026SEK 966.7bSEK 536.5bSEK 42.0b28.9x23x1.8x
Mon, 20 Apr 2026SEK 982.0bSEK 548.7bSEK 43.6b28.5x22.5x1.8x
Wed, 18 Mar 2026SEK 943.0bSEK 548.7bSEK 43.6b26.7x21.6x1.7x
Fri, 13 Feb 2026SEK 1.0tSEK 548.5bSEK 43.6b29x23.7x1.9x
Sun, 11 Jan 2026SEK 910.2bSEK 564.3bSEK 44.8b27.5x20.3x1.6x
Tue, 09 Dec 2025SEK 870.5bSEK 564.3bSEK 44.8b26.3x19.4x1.5x
Thu, 06 Nov 2025SEK 789.1bSEK 564.3bSEK 44.8b24.7x17.6x1.4x
Sat, 04 Oct 2025SEK 824.7bSEK 571.0bSEK 47.6b23.2x17.3x1.4x
Mon, 01 Sep 2025SEK 841.3bSEK 571.0bSEK 47.6b21.8x17.7x1.5x
Wed, 30 Jul 2025SEK 835.6bSEK 571.0bSEK 47.6b27.4x17.5x1.5x
Fri, 27 Jun 2025SEK 785.9bSEK 589.7bSEK 55.8b28.1x14.1x1.3x
Sun, 25 May 2025SEK 803.5bSEK 589.7bSEK 55.8b28.5x14.4x1.4x
Tue, 22 Apr 2025SEK 754.5bSEK 597.8bSEK 59.8b26.3x12.6x1.3x
Thu, 20 Mar 2025SEK 920.4bSEK 597.8bSEK 59.8b29.9x15.4x1.5x
Sat, 15 Feb 2025SEK 941.7bSEK 597.8bSEK 59.9b29.9x15.7x1.6x
Mon, 13 Jan 2025SEK 813.8bSEK 606.2bSEK 61.1b19.9x13.3x1.3x
Wed, 11 Dec 2024SEK 846.5bSEK 606.2bSEK 61.1b21.1x13.9x1.4x
Fri, 08 Nov 2024SEK 871.8bSEK 606.2bSEK 61.1b21.4x14.3x1.4x
Sun, 06 Oct 2024SEK 844.5bSEK 624.8bSEK 65.4b28.1x12.9x1.4x
Tue, 03 Sep 2024SEK 815.9bSEK 624.8bSEK 65.4b27.7x12.5x1.3x
Thu, 01 Aug 2024SEK 824.4bSEK 625.0bSEK 65.5b16.4x12.6x1.3x
Sat, 29 Jun 2024SEK 834.1bSEK 624.8bSEK 61.3b19.5x13.6x1.3x
Mon, 27 May 2024SEK 882.9bSEK 624.8bSEK 61.3b20.1x14.4x1.4x
Wed, 24 Apr 2024SEK 845.6bSEK 625.1bSEK 61.4b16.7x13.8x1.4x
Fri, 22 Mar 2024SEK 905.4bSEK 625.0bSEK 60.5b16.3x15x1.4x
Sun, 18 Feb 2024SEK 806.0bSEK 624.9bSEK 60.6b20.2x13.3x1.3x
Tue, 16 Jan 2024SEK 754.7bSEK 614.7bSEK 55.5b15.7x13.6x1.2x
Thu, 14 Dec 2023SEK 768.8bSEK 614.7bSEK 55.5b15.7x13.9x1.3x
Sat, 11 Nov 2023SEK 693.3bSEK 614.7bSEK 55.5b15.7x12.5x1.1x
Mon, 09 Oct 2023SEK 723.4bSEK 594.9bSEK 49.8b14.2x14.5x1.2x
Wed, 06 Sep 2023SEK 725.9bSEK 594.9bSEK 49.8b14.4x14.6x1.2x
Fri, 04 Aug 2023SEK 728.0bSEK 594.9bSEK 49.8b15.4x14.6x1.2x
Sun, 02 Jul 2023SEK 721.4bSEK 568.6bSEK 48.6b15.8x14.8x1.3x
Tue, 30 May 2023SEK 674.3bSEK 568.6bSEK 48.6b16.4x13.9x1.2x
Price to Earnings Ratio

13.9x


Total Market Cap: SEK 674.3bTotal Earnings: SEK 48.6bTotal Revenue: SEK 568.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Construction Machinery and Vehicles Industry Price to Earnings3Y Average 15.5x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.8x which is higher than its 3-year average PE of 15.5x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 4.8% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Swedish Construction Machinery and Vehicles compare with similar industries?

SE Market3.21%
Industrials2.83%
Machinery2.33%
Construction Machinery and Vehicles-1.24%
Industrial Machinery4.31%
Agricultural Machinery0.32%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ENGCON B engconSEK 68.606.0%
+SEK 594.7m		-22.7%PE44.6x
OXE OXE MarineSEK 0.278.9%
+SEK 20.7m		-9.8%PS1.7x
HYCO HybriconSEK 1.656.5%
+SEK 1.1m		2.5%PS1.1x

Latest News

VBG B
SEK 339.00
VBG Group
7D
-0.3%
1Y
31.0%
OXE
SEK 0.27
OXE Marine
7D
8.9%
1Y
-9.8%
VOLV B
SEK 314.80
AB Volvo
7D
-0.8%
1Y
18.8%
EPI A
SEK 264.70
Epiroc
7D
-2.5%
1Y
25.7%
Narrative Update • May 15

EPI A: African Automation Orders And Emissions Shift Will Support Steady Future P/E

Analysts have raised their price target for Epiroc from SEK 242.53 to SEK 266.40, citing updated assumptions for revenue growth, profit margin and the future P/E multiple. What's in the News Epiroc won a large order for mining equipment from Mopani Copper Mines in Zambia, valued at about US$20 million (SEK 180 million), including Minetruck haulers, Scooptram loaders and related service, with deliveries under way and scheduled to finish by year end (Key Developments).
ENGCON B
SEK 68.60
engcon
7D
6.0%
1Y
-22.7%
HYCO
SEK 1.65
Hybricon
7D
6.5%
1Y
2.5%