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

Swedish (OMX) HR Services Industry Analysis

UpdatedAug 07, 2026
DataAggregated Company Financials
Companies8
  • 7D-0.01%
  • 3M17.1%
  • 1Y-7.7%
  • YTDn/a

Last week, the HR Services industry hasn't moved much but Veteranpoolen is up 9.5% in that time. Unfortunately though, the industry is down 7.7% over the past 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Aug 2026SEK 6.1bSEK 21.6bSEK 190.2m23.6x31.9x0.3x
Sun, 05 Jul 2026SEK 5.9bSEK 22.1bSEK 203.3m21.4x28.8x0.3x
Tue, 02 Jun 2026SEK 6.1bSEK 22.1bSEK 203.3m23.1x29.8x0.3x
Thu, 30 Apr 2026SEK 5.2bSEK 22.3bSEK 208.5m16.1x24.9x0.2x
Sat, 28 Mar 2026SEK 5.0bSEK 22.3bSEK 208.4m15x23.8x0.2x
Mon, 23 Feb 2026SEK 5.0bSEK 22.0bSEK 212.0m16.1x23.7x0.2x
Wed, 21 Jan 2026SEK 5.4bSEK 22.3bSEK 257.1m17.5x21.1x0.2x
Fri, 19 Dec 2025SEK 5.5bSEK 22.3bSEK 257.1m17.3x21.4x0.2x
Sun, 16 Nov 2025SEK 5.2bSEK 20.2bSEK 239.0m19x21.8x0.3x
Tue, 14 Oct 2025SEK 6.4bSEK 20.5bSEK 402.6m18x15.9x0.3x
Thu, 11 Sep 2025SEK 6.4bSEK 20.5bSEK 404.5m18.2x15.8x0.3x
Sat, 09 Aug 2025SEK 6.4bSEK 20.3bSEK 424.8m16.3x15.1x0.3x
Mon, 07 Jul 2025SEK 7.4bSEK 20.9bSEK 426.1m15.7x17.3x0.4x
Wed, 04 Jun 2025SEK 7.6bSEK 21.5bSEK 475.4m15.8x15.9x0.4x
Fri, 02 May 2025SEK 8.7bSEK 22.2bSEK 531.9m13.3x16.3x0.4x
Sun, 30 Mar 2025SEK 9.2bSEK 22.2bSEK 532.6m14.2x17.3x0.4x
Tue, 25 Feb 2025SEK 9.9bSEK 22.2bSEK 579.4m13.7x17x0.4x
Thu, 23 Jan 2025SEK 9.3bSEK 22.8bSEK 569.7m12.3x16.4x0.4x
Sat, 21 Dec 2024SEK 9.0bSEK 22.8bSEK 569.7m12.5x15.8x0.4x
Mon, 18 Nov 2024SEK 9.3bSEK 22.7bSEK 566.4m14.5x16.5x0.4x
Wed, 16 Oct 2024SEK 9.6bSEK 23.2bSEK 425.6m17.3x22.6x0.4x
Fri, 13 Sep 2024SEK 9.3bSEK 23.2bSEK 425.6m17.6x21.8x0.4x
Sun, 11 Aug 2024SEK 9.7bSEK 23.1bSEK 411.5m19.2x23.7x0.4x
Tue, 09 Jul 2024SEK 10.2bSEK 23.4bSEK 421.3m20x24.3x0.4x
Thu, 06 Jun 2024SEK 10.4bSEK 23.4bSEK 419.2m19.6x24.9x0.4x
Sat, 04 May 2024SEK 10.5bSEK 23.5bSEK 418.6m18.1x25.2x0.4x
Mon, 01 Apr 2024SEK 10.7bSEK 23.8bSEK 392.2m18.1x27.2x0.4x
Wed, 28 Feb 2024SEK 10.6bSEK 23.8bSEK 404.8m17.8x26.3x0.4x
Fri, 26 Jan 2024SEK 9.7bSEK 23.9bSEK 374.9m15.8x25.9x0.4x
Sun, 24 Dec 2023SEK 9.7bSEK 23.9bSEK 374.9m17x26x0.4x
Tue, 21 Nov 2023SEK 8.3bSEK 23.9bSEK 380.3m15.7x21.8x0.3x
Thu, 19 Oct 2023SEK 8.5bSEK 23.8bSEK 426.2m13.9x20x0.4x
Sat, 16 Sep 2023SEK 9.1bSEK 23.8bSEK 426.2m14.2x21.4x0.4x
Mon, 14 Aug 2023SEK 8.9bSEK 23.8bSEK 457.7m14.2x19.5x0.4x
Price to Earnings Ratio

19.5x


Total Market Cap: SEK 8.9bTotal Earnings: SEK 457.7mTotal Revenue: SEK 23.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish HR Services Industry Price to Earnings3Y Average 21.5x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Human Resource and Employment Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.9x which is higher than its 3-year average PE of 21.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
  • The earnings for companies in the Human Resource and Employment Services industry have declined 25% per year over the last three years,
  • Revenues have also declined 3.1% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Swedish HR Services compare with similar industries?

SE Market2.38%
Industrials2.79%
Professional Services0.69%
HR Services-0.014%
Research and Consulting Services0.94%
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 78.402.9%
+SEK 12.0m		160.5%PE98x
NGS NGS GroupSEK 2.505.5%
+SEK 3.2m		-15.5%PS0.2x
WISE Wise GroupSEK 13.650.7%
+SEK 886.9k		-13.9%PS0.3x

Latest News

VPAB B
SEK 44.90
Veteranpoolen
7D
9.5%
1Y
29.8%
EWRK
SEK 58.30
Ework Group
7D
-1.9%
1Y
-47.5%
FRILAN
SEK 7.05
Invoicery Group
7D
-2.8%
1Y
38.2%
CALVIK
SEK 78.40
Calviks
7D
2.9%
1Y
160.5%
BTS B
SEK 187.00
BTS Group
7D
-0.6%
1Y
1.1%
Narrative Update • Jun 22

BTS B: Split 2026 Dividend And Stable Forecasts Will Support Fair Value

Analysts have kept their SEK 177.50 price target for BTS Group unchanged, with only minor tweaks to the discount rate, revenue growth, profit margin and future P/E inputs. These reflect small adjustments to their valuation framework rather than a shift in overall conviction.
NGS
SEK 2.50
NGS Group
7D
5.5%
1Y
-15.5%
WISE
SEK 13.65
Wise Group
7D
0.7%
1Y
-13.9%
OGUN B
SEK 25.70
Ogunsen
7D
-1.2%
1Y
-2.5%
Analysis Article • May 30

Ogunsen's (STO:OGUN B) Solid Earnings Have Been Accounted For Conservatively

Ogunsen AB (publ)'s ( STO:OGUN B ) recent earnings report didn't offer any surprises, with the shares unchanged over...
PION B
SEK 5.90
PION Group
7D
-3.3%
1Y
-0.3%