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Swedish (OMX) Industrial Machinery Industry Analysis

UpdatedFeb 21, 2026
DataAggregated Company Financials
Companies27
  • 7D1.5%
  • 3M23.7%
  • 1Y12.1%
  • YTDn/a

Over the last 7 days, the Industrial Machinery industry has remained flat. The past year has been better, since the industry has gained 12% in that time. Earnings are forecast to grow by 9.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Feb 2026SEK 2.0tSEK 554.6bSEK 61.3b26.1x31.9x3.5x
Mon, 19 Jan 2026SEK 1.9tSEK 560.9bSEK 63.8b25.6x29.4x3.3x
Wed, 17 Dec 2025SEK 1.7tSEK 561.0bSEK 63.8b24.7x26.4x3x
Fri, 14 Nov 2025SEK 1.6tSEK 561.0bSEK 63.7b24.5x25.8x2.9x
Sun, 12 Oct 2025SEK 1.6tSEK 563.9bSEK 64.4b22.5x25.4x2.9x
Tue, 09 Sep 2025SEK 1.6tSEK 563.9bSEK 64.4b23.5x24.8x2.8x
Thu, 07 Aug 2025SEK 1.5tSEK 564.0bSEK 64.4b23.7x23x2.6x
Sat, 05 Jul 2025SEK 1.5tSEK 573.1bSEK 66.7b23.5x22.9x2.7x
Mon, 02 Jun 2025SEK 1.5tSEK 573.2bSEK 66.7b22.4x22.4x2.6x
Wed, 30 Apr 2025SEK 1.4tSEK 572.6bSEK 66.6b21.3x21.3x2.5x
Fri, 28 Mar 2025SEK 1.6tSEK 570.6bSEK 64.4b24.1x24.9x2.8x
Sun, 23 Feb 2025SEK 1.8tSEK 570.8bSEK 64.4b26.8x27.2x3.1x
Tue, 21 Jan 2025SEK 1.7tSEK 567.5bSEK 61.9b27.9x27.5x3x
Thu, 19 Dec 2024SEK 1.6tSEK 567.5bSEK 61.9b27.3x26.5x2.9x
Sat, 16 Nov 2024SEK 1.6tSEK 567.5bSEK 61.9b25.1x26.3x2.9x
Mon, 14 Oct 2024SEK 1.7tSEK 571.2bSEK 63.0b24.9x27.7x3x
Wed, 11 Sep 2024SEK 1.6tSEK 571.3bSEK 63.0b25.9x25.5x2.8x
Fri, 09 Aug 2024SEK 1.6tSEK 571.2bSEK 62.9b24.4x25.7x2.8x
Sun, 07 Jul 2024SEK 1.7tSEK 569.9bSEK 62.4b27.5x27.8x3x
Tue, 04 Jun 2024SEK 1.8tSEK 569.9bSEK 62.3b25.3x28.7x3.1x
Thu, 02 May 2024SEK 1.7tSEK 570.0bSEK 62.3b26.9x28x3.1x
Sat, 30 Mar 2024SEK 1.7tSEK 570.6bSEK 64.4b26.4x26.1x2.9x
Mon, 26 Feb 2024SEK 1.6tSEK 570.4bSEK 64.3b24.9x25.6x2.9x
Wed, 24 Jan 2024SEK 1.5tSEK 562.8bSEK 62.6b21.3x24.3x2.7x
Fri, 22 Dec 2023SEK 1.6tSEK 562.7bSEK 62.6b22.2x25x2.8x
Sun, 19 Nov 2023SEK 1.5tSEK 562.8bSEK 62.6b21.6x23.2x2.6x
Tue, 17 Oct 2023SEK 1.4tSEK 548.0bSEK 59.6b22.4x23.2x2.5x
Thu, 14 Sep 2023SEK 1.4tSEK 548.2bSEK 59.6b22.3x23x2.5x
Sat, 12 Aug 2023SEK 1.4tSEK 548.2bSEK 59.6b25.4x23.2x2.5x
Mon, 10 Jul 2023SEK 1.4tSEK 520.9bSEK 55.7b24.7x25.2x2.7x
Wed, 07 Jun 2023SEK 1.5tSEK 520.8bSEK 55.7b28.7x26.5x2.8x
Fri, 05 May 2023SEK 1.4tSEK 520.4bSEK 55.6b25.2x25.4x2.7x
Sun, 02 Apr 2023SEK 1.4tSEK 492.7bSEK 53.0b22.8x25.6x2.8x
Tue, 28 Feb 2023SEK 1.3tSEK 492.5bSEK 53.1b23x24.3x2.6x
Price to Earnings Ratio

24.3x


Total Market Cap: SEK 1.3tTotal Earnings: SEK 53.1bTotal Revenue: SEK 492.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Industrial Machinery Industry Price to Earnings3Y Average 25.4x202420252026
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 31.8x which is higher than its 3-year average PE of 25.4x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 4.9% 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 Comparison

How does Swedish Industrial Machinery compare with similar industries?

SE Market1.64%
Industrials1.49%
Machinery1.39%
Industrial Machinery1.54%
Construction Machinery and Vehicles1.19%
Agricultural Machinery-2.08%
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
ATCO A Atlas CopcoSEK 195.501.6%
+SEK 15.1b		5.2%PE36x
ALFA Alfa LavalSEK 522.202.6%
+SEK 5.4b		11.3%PE26.1x
SAND SandvikSEK 379.600.7%
+SEK 3.5b		60.6%PE32.4x
SKF B AB SKFSEK 260.002.5%
+SEK 2.9b		11.9%PE30.1x
TREL B TrelleborgSEK 400.401.6%
+SEK 1.4b		-5.9%PE25x

Latest News

ATCO A
SEK 195.50
Atlas Copco
7D
1.6%
1Y
5.2%
SINT
SEK 91.00
SinterCast
7D
-3.0%
1Y
-13.7%
CNCJO B
SEK 44.00
Concejo
7D
-6.2%
1Y
8.9%
SALT B
SEK 3.87
SaltX Technology Holding
7D
-2.0%
1Y
-24.2%
SKF B
SEK 260.00
AB SKF
7D
2.5%
1Y
11.9%

Automotive Spin Off And FX Headwinds Will Pressure Margins And Earnings

Catalysts About AB SKF AB SKF supplies bearings, related components and services to industrial and automotive customers globally. What are the underlying business or industry changes driving this perspective?
INDT
SEK 230.40
Indutrade
7D
1.3%
1Y
-27.8%

INDT: Fair Outlook Will Balance Higher Discount Rate And Acquisition Pipeline

Analysts have revised their SEK 230.00 price target for Indutrade to reflect slightly updated assumptions for the discount rate, revenue growth and profit margin, indicating a refreshed but broadly unchanged view on the shares. Analyst Commentary Recent research around the SEK 230.00 target highlights that, while the headline number is unchanged, some inputs behind the valuation have shifted, including the discount rate, revenue growth assumptions and margin expectations.
ALFA
SEK 522.20
Alfa Laval
7D
2.6%
1Y
11.3%

ALFA: Rising P E Multiples Will Face Heightened Execution Risk Ahead

Alfa Laval's analyst price target has been adjusted from SEK 420 to SEK 425, as analysts factor in updated fair value, discount rate, revenue growth, profit margin and P/E assumptions following mixed target revisions from Deutsche Bank and JPMorgan. Analyst Commentary The latest Street research on Alfa Laval highlights a mixed but increasingly valuation-conscious setup, with recent target moves reflecting both optimism and caution around execution and earnings quality.
TREL B
SEK 400.40
Trelleborg
7D
1.6%
1Y
-5.9%

TREL B: Future View Will Weigh Dividend Proposal Against Refined Market Expectations

Analysts have nudged their Trelleborg price targets slightly lower, trimming them by around SEK 5 to SEK 10 per share, as they reassess valuation assumptions while maintaining broadly constructive views on the company. Analyst Commentary Recent Street research around Trelleborg has focused on refining price targets rather than changing the overall stance on the shares.
AGES B
SEK 50.80
AGES Industri
7D
-1.2%
1Y
-15.3%
SAND
SEK 379.60
Sandvik
7D
0.7%
1Y
60.6%

Sandvik (STO:SAND) Has Announced That It Will Be Increasing Its Dividend To SEK6.00

Feb 13
Sandvik (STO:SAND) Has Announced That It Will Be Increasing Its Dividend To SEK6.00
BEIA B
SEK 250.00
Beijer Alma
7D
6.8%
1Y
26.3%
CCC
SEK 13.20
Cavotec Group
7D
-2.2%
1Y
n/a
EPRO B
SEK 58.40
Electrolux Professional
7D
-1.8%
1Y
-23.6%

Electrolux Professional (STO:EPRO B) Is Increasing Its Dividend To SEK0.90

Feb 09
Electrolux Professional (STO:EPRO B) Is Increasing Its Dividend To SEK0.90
TROAX
SEK 99.00
Troax Group
7D
3.6%
1Y
-52.1%

TROAX: Centralised Swedish Production Will Drive Future Efficiency And Earnings Repricing

Analysts have lowered their price target for Troax Group from about SEK 194.74 to about SEK 180.90, citing updated assumptions that combine higher projected revenue growth and a richer future P/E multiple with a lower profit margin and a slightly higher discount rate. What's in the News The Board of Directors suggests a dividend of €0.24 per share for the period January to December 2025, compared with €0.34 previously.
NOTEK
SEK 13.85
Norditek Group
7D
-2.1%
1Y
34.5%
ENRAD
SEK 11.90
Enrad
7D
-7.8%
1Y
11.2%

We Think Enrad (NGM:ENRAD) Can Easily Afford To Drive Business Growth

Oct 14
We Think Enrad (NGM:ENRAD) Can Easily Afford To Drive Business Growth