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Swedish (OMX) HR Services Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies7
  • 7D-2.8%
  • 3M-13.9%
  • 1Y-44.2%
  • YTDn/a

The HR Services industry has been flat over the last week, but Wise Group has lost 14%. Unfortunately though, the industry is down 43% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

Has the Swedish HR Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026SEK 4.8bSEK 22.0bSEK 239.2m15.5x20.2x0.2x
Fri, 20 Feb 2026SEK 4.4bSEK 22.7bSEK 263.1m16x16.7x0.2x
Sun, 18 Jan 2026SEK 5.5bSEK 22.3bSEK 257.1m17.5x21.4x0.2x
Tue, 16 Dec 2025SEK 5.4bSEK 22.3bSEK 257.1m16.7x21.2x0.2x
Thu, 13 Nov 2025SEK 5.3bSEK 20.3bSEK 414.4m16.8x12.7x0.3x
Sat, 11 Oct 2025SEK 6.4bSEK 20.5bSEK 402.6m18.3x15.8x0.3x
Mon, 08 Sep 2025SEK 6.4bSEK 20.5bSEK 404.5m18.5x15.9x0.3x
Wed, 06 Aug 2025SEK 6.2bSEK 20.3bSEK 424.8m15.8x14.6x0.3x
Fri, 04 Jul 2025SEK 7.3bSEK 20.9bSEK 426.1m15.4x17.2x0.4x
Sun, 01 Jun 2025SEK 7.6bSEK 21.5bSEK 475.4m16x16x0.4x
Tue, 29 Apr 2025SEK 8.7bSEK 22.2bSEK 532.4m13.5x16.3x0.4x
Thu, 27 Mar 2025SEK 9.2bSEK 22.2bSEK 532.6m14.2x17.3x0.4x
Sat, 22 Feb 2025SEK 9.8bSEK 22.8bSEK 569.7m13.7x17.2x0.4x
Mon, 20 Jan 2025SEK 9.4bSEK 22.8bSEK 569.7m12.6x16.5x0.4x
Wed, 18 Dec 2024SEK 9.0bSEK 22.8bSEK 569.7m12.4x15.7x0.4x
Fri, 15 Nov 2024SEK 9.4bSEK 22.7bSEK 569.2m14.7x16.5x0.4x
Sun, 13 Oct 2024SEK 9.7bSEK 23.2bSEK 425.6m17.4x22.8x0.4x
Tue, 10 Sep 2024SEK 9.4bSEK 23.1bSEK 424.1m17.9x22.2x0.4x
Thu, 08 Aug 2024SEK 9.8bSEK 23.1bSEK 411.5m19.3x23.9x0.4x
Sat, 06 Jul 2024SEK 10.2bSEK 23.4bSEK 421.3m19.7x24.2x0.4x
Mon, 03 Jun 2024SEK 10.7bSEK 23.4bSEK 419.2m20x25.4x0.5x
Wed, 01 May 2024SEK 11.2bSEK 23.8bSEK 392.2m18.3x28.7x0.5x
Fri, 29 Mar 2024SEK 10.7bSEK 23.8bSEK 392.2m18.1x27.2x0.4x
Sun, 25 Feb 2024SEK 10.2bSEK 23.8bSEK 409.3m17.5x25x0.4x
Tue, 23 Jan 2024SEK 9.7bSEK 23.9bSEK 374.9m15.7x26x0.4x
Thu, 21 Dec 2023SEK 9.4bSEK 23.9bSEK 374.9m16.4x25.2x0.4x
Sat, 18 Nov 2023SEK 8.2bSEK 23.9bSEK 390.8m15.6x21.1x0.3x
Mon, 16 Oct 2023SEK 8.6bSEK 23.8bSEK 426.2m14.1x20.3x0.4x
Wed, 13 Sep 2023SEK 9.1bSEK 23.8bSEK 426.2m14x21.4x0.4x
Fri, 11 Aug 2023SEK 8.9bSEK 23.7bSEK 455.1m15.6x19.5x0.4x
Sun, 09 Jul 2023SEK 9.4bSEK 23.3bSEK 470.0m16x20.1x0.4x
Tue, 06 Jun 2023SEK 9.2bSEK 23.3bSEK 470.0m17.1x19.5x0.4x
Thu, 04 May 2023SEK 9.7bSEK 23.3bSEK 481.8m16.2x20.2x0.4x
Sat, 01 Apr 2023SEK 10.4bSEK 22.6bSEK 506.6m17.9x20.5x0.5x
Price to Earnings Ratio

20.5x


Total Market Cap: SEK 10.4bTotal Earnings: SEK 506.6mTotal Revenue: SEK 22.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish HR Services Industry Price to Earnings3Y Average 20.5x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Human Resource and Employment Services 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 20.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 22% 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 HR Services compare with similar industries?

SE Market-4.12%
Industrials-4.04%
Professional Services-1.91%
HR Services-2.83%
Research and Consulting Services-1.67%
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
VPAB B VeteranpoolenSEK 44.909.5%
+SEK 78.1m		29.8%PE19.6x
PION B PION GroupSEK 4.981.6%
+SEK 3.9m		-8.1%PS0.2x

Latest News

FRILAN
SEK 6.15
Invoicery Group
7D
-7.5%
1Y
25.5%
BTS B
SEK 137.40
BTS Group
7D
-1.3%
1Y
-49.5%

BTS B: Steady Fair Value And Reduced Dividend Will Support Future Upside

The analyst price target for BTS Group remains steady at SEK153.50. Minor technical tweaks to inputs such as the discount rate, revenue growth, profit margin and future P/E have led analysts to reaffirm, rather than materially alter, their valuation view.
WISE
SEK 17.00
Wise Group
7D
-14.8%
1Y
-11.2%
EWRK
SEK 62.80
Ework Group
7D
-4.4%
1Y
-54.2%
VPAB B
SEK 44.90
Veteranpoolen
7D
9.5%
1Y
29.8%
OGUN B
SEK 27.60
Ogunsen
7D
-3.8%
1Y
-5.3%
CALVIK
SEK 45.30
Calviks
7D
-4.4%
1Y
43.4%

Is Calviks (STO:CALVIK) A Risky Investment?

Feb 11
Is Calviks (STO:CALVIK) A Risky Investment?
PION B
SEK 4.98
PION Group
7D
1.6%
1Y
-8.1%