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Swedish (OMX) HR Services Industry Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.5%
  • 3M-15.9%
  • 1Y-35.6%
  • YTDn/a

Over the last 7 days, the HR Services industry has remained flat, although notably Veteranpoolen gained 9.5%. Unfortunately though, the industry is down 36% over the past 12 months. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025SEK 5.5bSEK 22.3bSEK 257.1m16.9x21.3x0.2x
Tue, 11 Nov 2025SEK 6.0bSEK 20.3bSEK 414.4m16.9x14.5x0.3x
Thu, 09 Oct 2025SEK 6.3bSEK 20.5bSEK 402.6m17.5x15.7x0.3x
Sat, 06 Sep 2025SEK 6.4bSEK 20.5bSEK 404.5m18.5x15.9x0.3x
Mon, 04 Aug 2025SEK 6.7bSEK 20.3bSEK 424.8m15.6x15.7x0.3x
Wed, 02 Jul 2025SEK 7.1bSEK 20.9bSEK 426.1m14.9x16.7x0.3x
Fri, 30 May 2025SEK 7.5bSEK 21.5bSEK 475.4m15.9x15.8x0.4x
Sun, 27 Apr 2025SEK 8.7bSEK 22.2bSEK 532.3m13.3x16.4x0.4x
Tue, 25 Mar 2025SEK 9.2bSEK 22.2bSEK 532.6m14.1x17.3x0.4x
Thu, 20 Feb 2025SEK 9.7bSEK 22.8bSEK 569.7m12.8x17.1x0.4x
Sat, 18 Jan 2025SEK 9.4bSEK 22.8bSEK 569.7m12.6x16.5x0.4x
Mon, 16 Dec 2024SEK 9.2bSEK 22.8bSEK 569.7m12.6x16.1x0.4x
Wed, 13 Nov 2024SEK 9.3bSEK 22.7bSEK 569.2m14.6x16.4x0.4x
Fri, 11 Oct 2024SEK 9.6bSEK 23.2bSEK 425.6m17.4x22.4x0.4x
Sun, 08 Sep 2024SEK 9.4bSEK 23.1bSEK 424.1m17.9x22.2x0.4x
Tue, 06 Aug 2024SEK 9.7bSEK 23.1bSEK 411.5m18.7x23.6x0.4x
Thu, 04 Jul 2024SEK 10.3bSEK 23.4bSEK 421.3m19.5x24.4x0.4x
Sat, 01 Jun 2024SEK 10.7bSEK 23.4bSEK 419.2m20x25.4x0.5x
Mon, 29 Apr 2024SEK 10.9bSEK 23.8bSEK 392.2m17.9x27.9x0.5x
Wed, 27 Mar 2024SEK 10.8bSEK 23.8bSEK 392.2m17.7x27.4x0.5x
Fri, 23 Feb 2024SEK 10.2bSEK 23.8bSEK 369.7m17.5x27.5x0.4x
Sun, 21 Jan 2024SEK 9.8bSEK 23.9bSEK 374.9m15.9x26.2x0.4x
Tue, 19 Dec 2023SEK 9.0bSEK 23.9bSEK 374.9m16.3x23.9x0.4x
Thu, 16 Nov 2023SEK 8.3bSEK 23.9bSEK 390.8m15.2x21.1x0.3x
Sat, 14 Oct 2023SEK 8.6bSEK 23.8bSEK 426.2m14.1x20.3x0.4x
Mon, 11 Sep 2023SEK 9.4bSEK 23.8bSEK 426.2m14x22.1x0.4x
Wed, 09 Aug 2023SEK 8.9bSEK 23.7bSEK 455.1m16x19.6x0.4x
Fri, 07 Jul 2023SEK 9.3bSEK 23.3bSEK 470.0m16x19.8x0.4x
Sun, 04 Jun 2023SEK 9.1bSEK 23.3bSEK 470.0m17.4x19.5x0.4x
Tue, 02 May 2023SEK 9.8bSEK 23.3bSEK 481.8m17.1x20.4x0.4x
Thu, 30 Mar 2023SEK 10.4bSEK 22.6bSEK 506.6m18x20.5x0.5x
Sat, 25 Feb 2023SEK 11.0bSEK 22.4bSEK 495.1m17.2x22.3x0.5x
Mon, 23 Jan 2023SEK 10.3bSEK 21.6bSEK 558.5m16.8x18.4x0.5x
Wed, 21 Dec 2022SEK 9.7bSEK 21.6bSEK 558.5m14.9x17.4x0.4x
Price to Earnings Ratio

17.4x


Total Market Cap: SEK 9.7bTotal Earnings: SEK 558.5mTotal Revenue: SEK 21.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish HR Services Industry Price to Earnings3Y Average 20.4x202320242025
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 20.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 23% 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-0.46%
Industrials-0.30%
Professional Services-3.37%
HR Services-0.46%
Research and Consulting Services-4.06%
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
OGUN B OgunsenSEK 29.855.3%
+SEK 16.1m		-4.6%PE26.4x
PION B PION GroupSEK 5.322.3%
+SEK 5.8m		-11.3%PS0.2x

Latest News

BTS B
SEK 141.60
BTS Group
7D
-0.1%
1Y
-46.6%

BTS B: Rising Discount Rate Will Lead to Compelling Upside Potential

Analysts have revised the price target for BTS Group, leaving it unchanged at $172.50. Updates to their assumptions, such as a slightly higher discount rate and slower projected revenue growth, offset one another and resulted in no net change to their estimate.
CALVIK
SEK 43.90
Calviks
7D
-4.1%
1Y
109.0%

We Think You Should Be Aware Of Some Concerning Factors In Calviks' (STO:CALVIK) Earnings

Nov 28
We Think You Should Be Aware Of Some Concerning Factors In Calviks' (STO:CALVIK) Earnings
WISE
SEK 12.35
Wise Group
7D
-1.6%
1Y
-23.5%
OGUN B
SEK 29.85
Ogunsen
7D
5.3%
1Y
-4.6%

Ogunsen's (STO:OGUN B) Conservative Accounting Might Explain Soft Earnings

Nov 22
Ogunsen's (STO:OGUN B) Conservative Accounting Might Explain Soft Earnings
FRILAN
SEK 4.96
Invoicery Group
7D
-3.7%
1Y
9.7%
PION B
SEK 5.32
PION Group
7D
2.3%
1Y
-11.3%

PION Group AB (publ)'s (STO:PION B) Share Price Could Signal Some Risk

Nov 14
PION Group AB (publ)'s (STO:PION B) Share Price Could Signal Some Risk
EWRK
SEK 96.90
Ework Group
7D
-1.5%
1Y
-29.2%
VPAB B
SEK 44.90
Veteranpoolen
7D
9.5%
1Y
29.8%