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

Swedish (OMX) HR Services Industry Analysis

UpdatedSep 05, 2025
DataAggregated Company Financials
Companies7
  • 7D-2.0%
  • 3M-6.1%
  • 1Y-24.9%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 2.0%, driven by BTS Group declining 3.6%. In contrast, Veteranpoolen has gained 9.5%. Overall the industry is down 25% in 12 months. As for the next few years, earnings are expected to grow by 5.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Sep 2025SEK 6.5bSEK 20.5bSEK 404.5m18.6x16x0.3x
Sun, 03 Aug 2025SEK 6.7bSEK 20.3bSEK 424.8m15.6x15.7x0.3x
Tue, 01 Jul 2025SEK 7.1bSEK 20.9bSEK 426.1m14.9x16.7x0.3x
Thu, 29 May 2025SEK 7.5bSEK 21.5bSEK 475.4m15.9x15.8x0.4x
Sat, 26 Apr 2025SEK 8.7bSEK 22.2bSEK 532.3m13.3x16.4x0.4x
Mon, 24 Mar 2025SEK 9.4bSEK 22.2bSEK 532.6m14.4x17.6x0.4x
Wed, 19 Feb 2025SEK 9.7bSEK 22.8bSEK 569.7m12.8x17.1x0.4x
Fri, 17 Jan 2025SEK 9.4bSEK 22.8bSEK 569.7m12.6x16.5x0.4x
Sun, 15 Dec 2024SEK 9.2bSEK 22.8bSEK 569.7m12.6x16.1x0.4x
Tue, 12 Nov 2024SEK 9.5bSEK 22.7bSEK 569.2m14.7x16.7x0.4x
Thu, 10 Oct 2024SEK 9.7bSEK 23.2bSEK 425.6m17.6x22.7x0.4x
Sat, 07 Sep 2024SEK 9.4bSEK 23.1bSEK 424.1m17.9x22.2x0.4x
Mon, 05 Aug 2024SEK 10.0bSEK 23.1bSEK 411.5m19.2x24.3x0.4x
Wed, 03 Jul 2024SEK 10.3bSEK 23.4bSEK 421.3m19.9x24.4x0.4x
Fri, 31 May 2024SEK 11.2bSEK 23.4bSEK 419.2m20.7x26.8x0.5x
Sun, 28 Apr 2024SEK 10.9bSEK 23.8bSEK 392.2m17.9x27.9x0.5x
Tue, 26 Mar 2024SEK 10.9bSEK 23.8bSEK 392.2m17.8x27.7x0.5x
Thu, 22 Feb 2024SEK 9.8bSEK 23.8bSEK 369.7m17.7x26.4x0.4x
Sat, 20 Jan 2024SEK 9.8bSEK 23.9bSEK 374.9m15.9x26.2x0.4x
Mon, 18 Dec 2023SEK 9.0bSEK 23.9bSEK 374.9m16.3x23.9x0.4x
Wed, 15 Nov 2023SEK 8.3bSEK 23.9bSEK 390.8m15.1x21.2x0.3x
Fri, 13 Oct 2023SEK 8.8bSEK 23.8bSEK 426.2m14.4x20.6x0.4x
Sun, 10 Sep 2023SEK 9.4bSEK 23.8bSEK 426.2m14x22.1x0.4x
Tue, 08 Aug 2023SEK 9.0bSEK 23.7bSEK 455.1m15.9x19.7x0.4x
Thu, 06 Jul 2023SEK 9.1bSEK 23.3bSEK 470.0m16x19.4x0.4x
Sat, 03 Jun 2023SEK 9.1bSEK 23.3bSEK 470.0m17.4x19.5x0.4x
Mon, 01 May 2023SEK 9.8bSEK 23.2bSEK 512.7m17.1x19.2x0.4x
Wed, 29 Mar 2023SEK 10.3bSEK 22.6bSEK 506.6m17.7x20.4x0.5x
Fri, 24 Feb 2023SEK 11.3bSEK 22.4bSEK 541.3m13.6x20.9x0.5x
Sun, 22 Jan 2023SEK 10.3bSEK 21.6bSEK 558.5m16.8x18.4x0.5x
Tue, 20 Dec 2022SEK 9.6bSEK 21.6bSEK 558.5m15x17.1x0.4x
Thu, 17 Nov 2022SEK 10.1bSEK 21.5bSEK 550.7m15.7x18.4x0.5x
Sat, 15 Oct 2022SEK 8.6bSEK 20.7bSEK 588.0m14.3x14.6x0.4x
Mon, 12 Sep 2022SEK 9.9bSEK 20.6bSEK 590.6m15.4x16.7x0.5x
Price to Earnings Ratio

16.7x


Total Market Cap: SEK 9.9bTotal Earnings: SEK 590.6mTotal Revenue: SEK 20.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish HR Services Industry Price to Earnings3Y Average 20.3x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish Human Resource and Employment Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.0x which is lower than its 3-year average PE of 20.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 12% 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-2.02%
Industrials-2.32%
Professional Services-2.12%
HR Services-2.04%
Research and Consulting Services-2.15%
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
CALVIK CalviksSEK 33.302.5%
+SEK 4.4m		34.3%PE23.4x
EWRK Ework GroupSEK 113.400.2%
+SEK 3.5m		-19.3%PE16.7x
PION B PION GroupSEK 5.701.1%
+SEK 2.9m		-19.0%PS0.2x
OGUN B OgunsenSEK 26.000.4%
+SEK 1.1m		-21.5%PE20.5x

Latest News

PION B
SEK 5.70
PION Group
7D
1.1%
1Y
-19.0%
CALVIK
SEK 33.30
Calviks
7D
2.5%
1Y
34.3%
NJOB
SEK 1.65
NetJobs Group
7D
-14.1%
1Y
376.9%
BTS B
SEK 189.60
BTS Group
7D
-3.6%
1Y
-30.3%
WISE
SEK 14.90
Wise Group
7D
-3.2%
1Y
-28.4%
OGUN B
SEK 26.00
Ogunsen
7D
0.4%
1Y
-21.5%
VPAB B
SEK 44.90
Veteranpoolen
7D
9.5%
1Y
29.8%
EWRK
SEK 113.40
Ework Group
7D
0.2%
1Y
-19.3%

Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings Quality

Jul 25
Investors Can Find Comfort In Ework Group's (STO:EWRK) Earnings Quality