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Swedish (OMX) Machinery Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies42
  • 7D-2.8%
  • 3M1.9%
  • 1Y18.6%
  • YTD8.0%

Over the last 7 days, the Machinery industry has dropped 2.8%, driven by a pullback from Atlas Copco of 8.3%. Over the past 12 months, the industry was up 19%. As for the next few years, earnings are expected to grow by 8.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jul 2024SEK 2.6tSEK 1.2tSEK 129.8b24.7x20x2.1x
Thu, 20 Jun 2024SEK 2.6tSEK 1.2tSEK 125.4b27.4x20.9x2.1x
Sat, 18 May 2024SEK 2.7tSEK 1.2tSEK 125.4b25.9x21.6x2.2x
Mon, 15 Apr 2024SEK 2.6tSEK 1.2tSEK 127.0b23.8x20.4x2.1x
Wed, 13 Mar 2024SEK 2.6tSEK 1.2tSEK 127.0b23.5x20.6x2.1x
Fri, 09 Feb 2024SEK 2.4tSEK 1.2tSEK 126.9b22.7x18.8x1.9x
Sun, 07 Jan 2024SEK 2.3tSEK 1.2tSEK 119.8b22.5x19.2x1.9x
Tue, 05 Dec 2023SEK 2.3tSEK 1.2tSEK 119.8b22.5x19x1.9x
Thu, 02 Nov 2023SEK 2.1tSEK 1.2tSEK 118.6b21.1x17.4x1.7x
Sat, 30 Sep 2023SEK 2.1tSEK 1.2tSEK 111.4b22.5x19.3x1.8x
Mon, 28 Aug 2023SEK 2.1tSEK 1.2tSEK 111.3b20.6x19x1.8x
Wed, 26 Jul 2023SEK 2.2tSEK 1.2tSEK 111.4b24.2x19.9x1.8x
Fri, 23 Jun 2023SEK 2.2tSEK 1.1tSEK 106.2b24x20.5x1.9x
Sun, 21 May 2023SEK 2.2tSEK 1.1tSEK 106.1b25x21x1.9x
Tue, 18 Apr 2023SEK 2.1tSEK 1.1tSEK 97.3b23.5x21.9x2x
Thu, 16 Mar 2023SEK 1.9tSEK 1.1tSEK 97.3b22.6x19.8x1.8x
Sat, 11 Feb 2023SEK 2.0tSEK 1.1tSEK 97.5b22.6x20.8x1.9x
Mon, 09 Jan 2023SEK 2.0tSEK 1.0tSEK 101.9b17.5x19.3x1.9x
Wed, 07 Dec 2022SEK 2.0tSEK 1.0tSEK 101.8b17.1x19.4x1.9x
Fri, 04 Nov 2022SEK 1.8tSEK 1.0tSEK 101.7b15.8x17.5x1.7x
Sun, 02 Oct 2022SEK 1.6tSEK 976.0bSEK 98.7b15.7x16.3x1.6x
Tue, 30 Aug 2022SEK 1.7tSEK 975.9bSEK 98.8b17.7x17.5x1.8x
Thu, 28 Jul 2022SEK 1.8tSEK 974.8bSEK 99.0b17.9x17.8x1.8x
Sat, 25 Jun 2022SEK 1.6tSEK 919.6bSEK 98.1b16.4x16.1x1.7x
Mon, 23 May 2022SEK 1.7tSEK 919.5bSEK 98.1b17.5x17.6x1.9x
Wed, 20 Apr 2022SEK 1.8tSEK 883.8bSEK 97.3b20.3x18.8x2.1x
Fri, 18 Mar 2022SEK 2.0tSEK 884.2bSEK 97.3b20.6x20.4x2.2x
Sun, 13 Feb 2022SEK 2.1tSEK 883.3bSEK 97.3b22.6x21.3x2.3x
Tue, 11 Jan 2022SEK 2.3tSEK 861.4bSEK 93.9b24.9x24x2.6x
Thu, 09 Dec 2021SEK 2.2tSEK 861.4bSEK 93.9b24.8x23.8x2.6x
Sat, 06 Nov 2021SEK 2.2tSEK 861.2bSEK 93.7b24x23x2.5x
Mon, 04 Oct 2021SEK 1.9tSEK 793.0bSEK 85.3b28.1x22.6x2.4x
Wed, 01 Sep 2021SEK 2.1tSEK 793.0bSEK 85.3b31x24.4x2.6x
Price to Earnings Ratio

24.9x


Total Market Cap: SEK 2.1tTotal Earnings: SEK 85.3bTotal Revenue: SEK 793.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Machinery Industry Price to Earnings3Y Average 20.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the Swedish Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.2x.
  • 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 15% per year over the last three years.
  • Revenues for these companies have grown 16% 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 Market0.17%
Industrials-0.88%
Machinery-2.80%
Construction Machinery and Vehicles1.54%
Industrial Machinery-4.43%
Agricultural Machinery-17.35%
Industry PE
  • Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings decline of 12.3% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, which is trading below its 3-year average of 14.7x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Machinery industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Construction Machinery and Vehicles industry is expected to see its earnings grow by 5.5% 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
VOLV B AB VolvoSEK 286.303.9%
+SEK 22.0b		25.4%PE10.4x
INDT IndutradeSEK 321.005.8%
+SEK 6.4b		43.2%PE43.2x
ALFA Alfa LavalSEK 467.101.4%
+SEK 2.7b		21.1%PE29.7x
ENGCON B engconSEK 103.6012.1%
+SEK 1.7b		36.2%PE102.8x
CNCJO B ConcejoSEK 49.707.8%
+SEK 42.1m		65.7%PE23.4x
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Latest News

ALFA

SEK 467.10

Alfa Laval

7D

1.4%

1Y

21.1%

EPI A

SEK 202.50

Epiroc

7D

-5.4%

1Y

-2.6%

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Jul 23
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ENGCON B

SEK 103.60

engcon

7D

12.1%

1Y

36.2%

SAND

SEK 216.00

Sandvik

7D

-0.4%

1Y

2.4%

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Jul 22
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VBG B

SEK 410.00

VBG Group

7D

-19.4%

1Y

108.1%

BEIA B

SEK 216.50

Beijer Alma

7D

-4.8%

1Y

8.3%

ATCO A

SEK 184.45

Atlas Copco

7D

-8.1%

1Y

23.4%

Here's What Analysts Are Forecasting For Atlas Copco AB (STO:ATCO A) After Its Second-Quarter Results

Jul 21
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SKF B

SEK 202.10

AB SKF

7D

-5.7%

1Y

3.1%

Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet

Jul 21
Not Many Are Piling Into AB SKF (publ) (STO:SKF B) Just Yet

INDT

SEK 321.00

Indutrade

7D

5.8%

1Y

43.2%

HUSQ B

SEK 74.88

Husqvarna

7D

-17.0%

1Y

-26.6%

VOLV B

SEK 286.30

AB Volvo

7D

3.9%

1Y

25.4%

TREL B

SEK 396.60

Trelleborg

7D

-2.4%

1Y

42.4%

COIC

SEK 179.80

Concentric

7D

0.2%

1Y

-7.7%

OPTI

SEK 6.86

OptiCept Technologies

7D

4.4%

1Y

-5.2%

CNCJO B

SEK 49.70

Concejo

7D

7.8%

1Y

65.7%

Concejo (STO:CNCJO B) Could Easily Take On More Debt

Jun 11
Concejo (STO:CNCJO B) Could Easily Take On More Debt

OXE

SEK 0.59

OXE Marine

7D

6.5%

1Y

-50.4%