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Swedish (OMX) Industrial Machinery Industry Analysis

UpdatedJul 08, 2026
DataAggregated Company Financials
Companies29
  • 7D-2.3%
  • 3M3.6%
  • 1Y26.4%
  • YTDn/a

Over the last 7 days, the Industrial Machinery industry has risen 3.0%, driven by gains from AB SKF of 3.6%. This takes the industry's 12 month performance to a gain of 32%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Jul 2026SEK 2.0tSEK 550.7bSEK 60.9b26.8x32x3.5x
Fri, 05 Jun 2026SEK 1.9tSEK 550.7bSEK 60.9b26.4x31.1x3.4x
Sun, 03 May 2026SEK 1.8tSEK 550.7bSEK 60.7b25.3x30.4x3.4x
Tue, 31 Mar 2026SEK 1.7tSEK 554.7bSEK 61.3b23.2x27.9x3.1x
Thu, 26 Feb 2026SEK 2.0tSEK 554.6bSEK 61.3b25.4x32.3x3.6x
Sat, 24 Jan 2026SEK 1.9tSEK 560.9bSEK 63.8b25.2x29.3x3.3x
Mon, 22 Dec 2025SEK 1.7tSEK 561.0bSEK 63.8b25.1x26.5x3x
Wed, 19 Nov 2025SEK 1.6tSEK 561.0bSEK 63.7b23.5x24.7x2.8x
Fri, 17 Oct 2025SEK 1.7tSEK 564.0bSEK 64.4b22.9x25.8x2.9x
Sun, 14 Sep 2025SEK 1.6tSEK 563.9bSEK 64.4b23.4x24.5x2.8x
Tue, 12 Aug 2025SEK 1.5tSEK 564.0bSEK 64.4b23.6x23.1x2.6x
Thu, 10 Jul 2025SEK 1.6tSEK 573.0bSEK 66.7b23.6x23.3x2.7x
Sat, 07 Jun 2025SEK 1.5tSEK 573.2bSEK 66.7b23x22.8x2.7x
Mon, 05 May 2025SEK 1.5tSEK 572.6bSEK 66.6b20.7x21.8x2.5x
Wed, 02 Apr 2025SEK 1.5tSEK 570.6bSEK 64.4b23.1x23.9x2.7x
Fri, 28 Feb 2025SEK 1.7tSEK 570.8bSEK 64.4b26.6x26.8x3x
Sun, 26 Jan 2025SEK 1.8tSEK 567.8bSEK 61.9b29x28.7x3.1x
Tue, 24 Dec 2024SEK 1.6tSEK 567.5bSEK 61.9b27x25.5x2.8x
Thu, 21 Nov 2024SEK 1.6tSEK 567.6bSEK 61.9b24x25.5x2.8x
Sat, 19 Oct 2024SEK 1.7tSEK 571.3bSEK 63.0b25.3x26.8x3x
Mon, 16 Sep 2024SEK 1.6tSEK 571.2bSEK 63.0b25.9x26.2x2.9x
Wed, 14 Aug 2024SEK 1.6tSEK 571.2bSEK 62.9b24x25.9x2.9x
Fri, 12 Jul 2024SEK 1.7tSEK 569.9bSEK 62.3b26.7x27.8x3x
Sun, 09 Jun 2024SEK 1.8tSEK 569.9bSEK 62.4b25.5x29x3.2x
Tue, 07 May 2024SEK 1.8tSEK 569.9bSEK 62.3b27.6x28.3x3.1x
Thu, 04 Apr 2024SEK 1.7tSEK 570.6bSEK 64.4b26.1x26.2x3x
Sat, 02 Mar 2024SEK 1.7tSEK 570.4bSEK 64.4b25.5x25.7x2.9x
Mon, 29 Jan 2024SEK 1.5tSEK 568.4bSEK 64.1b21.4x23.6x2.7x
Wed, 27 Dec 2023SEK 1.6tSEK 562.6bSEK 62.6b22.2x25.1x2.8x
Fri, 24 Nov 2023SEK 1.5tSEK 562.8bSEK 62.6b21.9x23.5x2.6x
Sun, 22 Oct 2023SEK 1.3tSEK 548.1bSEK 59.6b22.4x21.7x2.4x
Tue, 19 Sep 2023SEK 1.4tSEK 548.2bSEK 59.6b23.1x23.4x2.5x
Thu, 17 Aug 2023SEK 1.4tSEK 548.2bSEK 59.6b22.4x23x2.5x
Sat, 15 Jul 2023SEK 1.4tSEK 520.7bSEK 55.6b24.8x25.2x2.7x
Price to Earnings Ratio

25.2x


Total Market Cap: SEK 1.4tTotal Earnings: SEK 55.6bTotal Revenue: SEK 520.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrial Machinery Industry Price to Earnings3Y Average 26.1x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Industrial Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.1x which is higher than its 3-year average PE of 26.1x.
  • The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 3.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Swedish Industrial Machinery compare with similar industries?

SE Market0.76%
Industrials0.69%
Machinery-1.14%
Industrial Machinery-2.32%
Construction Machinery and Vehicles1.28%
Agricultural Machinery-2.64%
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
SKF B AB SKFSEK 257.803.6%
+SEK 4.1b		18.4%PE31.2x
INDT IndutradeSEK 208.604.1%
+SEK 3.0b		-22.2%PE30x
TREL B TrelleborgSEK 411.201.9%
+SEK 1.7b		11.7%PE25.3x
EPRO B Electrolux ProfessionalSEK 44.555.2%
+SEK 632.3m		-34.5%PE18.4x
TROAX Troax GroupSEK 108.605.6%
+SEK 347.1m		-25.9%PE59x

Latest News

SAND
SEK 387.90
Sandvik
7D
-3.0%
1Y
73.3%
Narrative Update • Jul 06

SAND: Mining Orders And Filtration Acquisition Will Support Higher Future Fair Value

The analyst fair value estimate for Sandvik has been raised by SEK 10 to SEK 460, reflecting a mix of higher SEK 445, SEK 425 and other revised price targets from recent analyst updates on the stock. Analyst Commentary Recent research on Sandvik points to a mix of views, but the latest fair value adjustment is anchored in several bullish price target revisions that highlight confidence in the company’s execution and earnings power.
TREL B
SEK 411.20
Trelleborg
7D
1.9%
1Y
11.7%
Narrative Update • Jul 03

TREL B: Future View Will Balance Expanded Buybacks And Recent Rating Upgrade

Trelleborg’s analyst price target has been raised from SEK 420.09 to SEK 428.73, as analysts point to updated assumptions around fair value, revenue growth, profit margin and future P/E following recent positive Street research, including an upgrade to Buy with a SEK 460 target. What’s in the News for Trelleborg Trelleborg has commenced a share repurchase program from April 27, 2026, authorized to buy back up to 12,718,000 class B shares, equal to 5.45% of its issued share capital, with total treasury holdings capped at 10% of issued share capital.
INDT
SEK 208.60
Indutrade
7D
4.1%
1Y
-22.2%
Narrative Update • Jul 02

INDT: Upgraded Rating And Refined Assumptions Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Indutrade to SEK 248.13 per share. This reflects an updated mix of a lower assumed future P/E, a slightly higher discount rate, and revised revenue growth and margin expectations that underpin recent price target changes ranging from SEK 211 to SEK 229.
ALFA
SEK 563.60
Alfa Laval
7D
-2.3%
1Y
35.9%
Narrative Update • Jul 01

ALFA: Elevated P E Multiples Will Test Renewable Contract Execution Risks

The updated analyst price target for Alfa Laval now stands at SEK 420.61, compared with the prior SEK 430.00. This reflects a blend of recent target increases toward SEK 580 and reductions toward SEK 370 as analysts reassess assumptions on growth, margins and valuation multiples.
FREEM
SEK 1.80
Freemelt Holding
7D
-9.6%
1Y
-36.0%
Narrative Update • Jun 26

FREEM: Recent Order Momentum Will Mask Near-Term Earnings Risk

Analysts have raised their price target for Freemelt Holding from SEK 1.40 to SEK 1.60, citing updated assumptions related to discount rates, revenue growth, profit margins and future P/E expectations. What’s in the News for Freemelt Holding Freemelt Holding secured an order from TAE Technologies to conduct a feasibility study, starting with printing tungsten components as part of an engineering evaluation and manufacturing demonstration, with the aim of progressing towards industrial application of additive manufacturing.
SKF B
SEK 257.80
AB SKF
7D
3.6%
1Y
18.4%
Narrative Update • Jun 25

SKF B: Mixed Rating Shifts And AI Partnership Will Shape Balanced Outlook

The analyst price target for AB SKF has been raised by SEK 2 to reflect slightly higher fair value estimates, with analysts citing modestly adjusted assumptions for revenue, profit margins, and future P/E as key drivers of the change. Analyst Commentary Recent Street research on AB SKF shows a mix of optimism and caution, with several firms adjusting price targets and ratings as they reassess assumptions around earnings power, execution, and appropriate P/E levels.
ATCO A
SEK 188.65
Atlas Copco
7D
-3.8%
1Y
19.4%
Narrative Update • Jun 24

ATCO A: Dividend Payouts And Split Ratings Will Shape Future Returns

The analyst price target for Atlas Copco has been lifted by analysts to SEK 199.33 from SEK 194.43, reflecting updated assumptions around revenue growth, profit margins, a slightly higher future P/E multiple, and recent mixed but generally supportive Street research on the stock. Analyst Commentary Recent Street research on Atlas Copco presents a mix of upbeat and cautious views, with several analysts adjusting price targets in both directions and a couple of rating upgrades.
ENRAD
SEK 9.00
Enrad
7D
-8.5%
1Y
-18.2%
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...
TROAX
SEK 108.60
Troax Group
7D
5.6%
1Y
-25.9%
Narrative Update • Jun 18

TROAX: Recycled Guarding Solutions Will Support Margins And Future Dividend Appeal

Analysts have nudged their price target for Troax Group slightly higher to about SEK 151 from around SEK 150, reflecting updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. What’s in the News for Troax Group Troax is launching Smart Fix Re:Cycled, described as the world's first machine guarding mesh panel made entirely from recycled and low emission materials, as part of its Re:Guarding programme, source: company key developments.
CCC
SEK 12.00
Cavotec Group
7D
-8.4%
1Y
n/a
ALIG
SEK 115.40
Alimak Group
7D
-2.9%
1Y
-23.4%
Narrative Update • Jun 17

ALIG: Stable Margins And Lower Risk Assumptions Will Support Future Upside Potential

Analysts have kept their SEK 143.0 price target for Alimak Group broadly in line with prior estimates, citing only small tweaks to inputs such as the discount rate, revenue growth assumptions, profit margin outlook and future P/E expectations. What’s in the News for Alimak Group No recent company specific news items for Alimak Group were identified in the provided sources.
BEIA B
SEK 289.50
Beijer Alma
7D
-2.5%
1Y
20.1%
Narrative Update • Jun 17

BEIA B: Dividend Structure And Refined Assumptions Will Support Fair Value

Analysts have nudged their fair value estimate for Beijer Alma stock from SEK 325 to SEK 328.50, citing updated assumptions around discount rates, revenue growth and profit margins, as well as a slightly adjusted future P/E multiple. What’s in the News for Beijer Alma Beijer Alma shareholders approved a dividend of SEK 4 per share for 2025 at the Annual General Meeting held on April 28, 2026, in line with the Board of Directors’ proposal.
EPRO B
SEK 44.55
Electrolux Professional
7D
5.2%
1Y
-34.5%
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.
SINT
SEK 108.50
SinterCast
7D
9.6%
1Y
-6.9%
ARENIT SDB
SEK 94.60
Arenit Industrie
7D
14.0%
1Y
n/a
XANO B
SEK 50.20
XANO Industri
7D
8.4%
1Y
-21.4%