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Swedish (OMX) HR Services Industry Analysis

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies7
  • 7D-6.2%
  • 3M-11.2%
  • 1Y-28.2%
  • YTDn/a

Over the last 7 days, the HR Services industry has dropped 6.2%, driven by BTS Group declining 11%. On the other hand Veteranpoolen is actually up 9.5%. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 3.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 22 Jul 2025SEK 6.8bSEK 20.3bSEK 424.8m16x16.1x0.3x
Thu, 19 Jun 2025SEK 7.7bSEK 21.5bSEK 472.0m15x16.4x0.4x
Sat, 17 May 2025SEK 8.4bSEK 21.4bSEK 504.1m14.9x16.6x0.4x
Mon, 14 Apr 2025SEK 8.6bSEK 22.2bSEK 532.3m13x16.1x0.4x
Wed, 12 Mar 2025SEK 9.1bSEK 22.2bSEK 532.6m14x17.1x0.4x
Fri, 07 Feb 2025SEK 9.8bSEK 22.8bSEK 569.7m12.9x17.2x0.4x
Sun, 05 Jan 2025SEK 9.6bSEK 22.8bSEK 569.7m12.7x16.9x0.4x
Tue, 03 Dec 2024SEK 9.2bSEK 22.8bSEK 569.7m12.7x16.1x0.4x
Thu, 31 Oct 2024SEK 9.8bSEK 22.8bSEK 429.6m17.1x22.9x0.4x
Sat, 28 Sep 2024SEK 9.6bSEK 23.2bSEK 425.6m17.8x22.7x0.4x
Mon, 26 Aug 2024SEK 9.6bSEK 23.1bSEK 415.0m19x23x0.4x
Wed, 24 Jul 2024SEK 10.4bSEK 23.2bSEK 424.1m19.2x24.4x0.4x
Fri, 21 Jun 2024SEK 10.2bSEK 23.4bSEK 421.3m20.1x24.2x0.4x
Sun, 19 May 2024SEK 10.8bSEK 23.3bSEK 418.4m18.9x25.8x0.5x
Tue, 16 Apr 2024SEK 10.9bSEK 23.8bSEK 392.2m18x27.8x0.5x
Thu, 14 Mar 2024SEK 10.7bSEK 23.8bSEK 392.2m17.7x27.3x0.4x
Sat, 10 Feb 2024SEK 10.2bSEK 23.9bSEK 366.5m16.9x27.8x0.4x
Mon, 08 Jan 2024SEK 9.7bSEK 23.9bSEK 374.9m17.8x25.9x0.4x
Wed, 06 Dec 2023SEK 8.5bSEK 23.9bSEK 375.0m15.7x22.8x0.4x
Fri, 03 Nov 2023SEK 8.4bSEK 23.9bSEK 413.1m15.2x20.4x0.4x
Sun, 01 Oct 2023SEK 8.7bSEK 23.8bSEK 426.2m13.5x20.4x0.4x
Tue, 29 Aug 2023SEK 9.0bSEK 23.8bSEK 429.8m14.4x20.9x0.4x
Thu, 27 Jul 2023SEK 8.6bSEK 23.7bSEK 455.1m15.5x18.9x0.4x
Sat, 24 Jun 2023SEK 9.4bSEK 23.3bSEK 470.0m16.2x20.1x0.4x
Mon, 22 May 2023SEK 9.3bSEK 23.3bSEK 468.1m18.7x19.8x0.4x
Wed, 19 Apr 2023SEK 10.5bSEK 22.6bSEK 507.3m20.7x20.7x0.5x
Fri, 17 Mar 2023SEK 10.6bSEK 22.6bSEK 506.6m18.2x20.9x0.5x
Sun, 12 Feb 2023SEK 11.8bSEK 22.4bSEK 567.2m14.2x20.9x0.5x
Tue, 10 Jan 2023SEK 10.1bSEK 21.6bSEK 558.5m14.8x18x0.5x
Thu, 08 Dec 2022SEK 9.7bSEK 21.6bSEK 557.4m16.3x17.5x0.5x
Sat, 05 Nov 2022SEK 9.5bSEK 21.4bSEK 601.7m15.1x15.8x0.4x
Mon, 03 Oct 2022SEK 8.2bSEK 20.7bSEK 588.0m13.8x14x0.4x
Wed, 31 Aug 2022SEK 10.2bSEK 20.6bSEK 590.6m16.1x17.3x0.5x
Fri, 29 Jul 2022SEK 11.0bSEK 20.4bSEK 565.3m13.9x19.5x0.5x
Price to Earnings Ratio

19.5x


Total Market Cap: SEK 11.0bTotal Earnings: SEK 565.3mTotal Revenue: SEK 20.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish HR Services Industry Price to Earnings3Y Average 20.4x202320242025
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 16.1x which is lower than its 3-year average PE of 20.4x.
  • 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 9.1% 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-0.73%
Industrials-1.37%
Professional Services-6.07%
HR Services-6.21%
Research and Consulting Services-6.02%
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
EWRK Ework GroupSEK 108.603.4%
+SEK 62.2m
-23.5%PE16x
NJOB NetJobs GroupSEK 0.856.9%
+SEK 1.8m
129.8%PE2.3x
PION B PION GroupSEK 5.400.4%
+SEK 963.5k
-18.4%PS0.2x