Ogunsen's (STO:OGUN B) Problems Go Beyond Weak Profit
May 24
Swedish (OMX) Professional Services Industry Analysis
UpdatedJun 05, 2024
DataAggregated Company Financials
Companies16
- 7D-1.8%
- 3M7.7%
- 1Y9.2%
- YTD23.9%
Over the last 7 days, the Professional Services industry has dropped 1.6%, driven by Afry declining 1.3%. In contrast, Aixia Group has gained 9.5%. This takes the industry's 12 month performance to a gain of 9.5%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Swedish Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 05 Jun 2024 | kr36.4b | kr56.5b | kr1.6b | 19.4x | 22.9x | 0.6x |
| Fri, 03 May 2024 | kr35.2b | kr56.6b | kr1.6b | 18.2x | 22.5x | 0.6x |
| Sun, 31 Mar 2024 | kr34.2b | kr56.7b | kr1.6b | 17.1x | 21.3x | 0.6x |
| Tue, 27 Feb 2024 | kr32.8b | kr56.7b | kr1.6b | 16.7x | 20.4x | 0.6x |
| Thu, 25 Jan 2024 | kr32.8b | kr58.6b | kr1.9b | 17.2x | 17.2x | 0.6x |
| Sat, 23 Dec 2023 | kr32.5b | kr58.6b | kr1.9b | 17.1x | 17x | 0.6x |
| Mon, 20 Nov 2023 | kr29.7b | kr58.6b | kr1.9b | 15.9x | 15.5x | 0.5x |
| Wed, 18 Oct 2023 | kr29.6b | kr57.5b | kr2.0b | 15.5x | 14.8x | 0.5x |
| Fri, 15 Sep 2023 | kr31.1b | kr57.5b | kr2.0b | 15.6x | 15.6x | 0.5x |
| Sun, 13 Aug 2023 | kr32.6b | kr57.5b | kr2.0b | 17.5x | 16.1x | 0.6x |
| Tue, 11 Jul 2023 | kr34.1b | kr55.8b | kr2.0b | 16.7x | 16.9x | 0.6x |
| Thu, 08 Jun 2023 | kr36.9b | kr55.8b | kr2.0b | 17.5x | 18.3x | 0.7x |
| Sat, 06 May 2023 | kr39.3b | kr55.5b | kr2.1b | 18x | 19x | 0.7x |
| Mon, 03 Apr 2023 | kr39.2b | kr53.5b | kr1.9b | 17.5x | 20.8x | 0.7x |
| Wed, 01 Mar 2023 | kr39.1b | kr53.4b | kr1.9b | 18.7x | 20.8x | 0.7x |
| Fri, 27 Jan 2023 | kr40.1b | kr51.2b | kr1.8b | 17.7x | 22.4x | 0.8x |
| Sun, 25 Dec 2022 | kr35.8b | kr51.2b | kr1.8b | 17x | 20x | 0.7x |
| Tue, 22 Nov 2022 | kr35.9b | kr51.2b | kr1.8b | 16.7x | 20.1x | 0.7x |
| Thu, 20 Oct 2022 | kr32.3b | kr49.3b | kr2.0b | 16.1x | 16.2x | 0.7x |
| Sat, 17 Sep 2022 | kr32.4b | kr49.3b | kr2.0b | 17.6x | 16.3x | 0.7x |
| Mon, 15 Aug 2022 | kr34.4b | kr49.1b | kr2.0b | 16.9x | 17.5x | 0.7x |
| Wed, 13 Jul 2022 | kr34.8b | kr47.4b | kr2.1b | 16.7x | 16.7x | 0.7x |
| Fri, 10 Jun 2022 | kr34.5b | kr47.4b | kr2.1b | 15.3x | 16.6x | 0.7x |
| Sun, 08 May 2022 | kr33.0b | kr33.2b | kr1.9b | 16.1x | 17x | 1x |
| Tue, 05 Apr 2022 | kr38.1b | kr32.3b | kr2.0b | 16.6x | 19.4x | 1.2x |
| Thu, 03 Mar 2022 | kr34.9b | kr32.2b | kr2.0b | 15.7x | 17.8x | 1.1x |
| Sat, 29 Jan 2022 | kr38.2b | kr31.1b | kr1.8b | 19.5x | 21.6x | 1.2x |
| Mon, 27 Dec 2021 | kr45.5b | kr31.1b | kr1.8b | 23.1x | 25.8x | 1.5x |
| Wed, 24 Nov 2021 | kr46.0b | kr31.0b | kr1.8b | 22.4x | 26.1x | 1.5x |
| Fri, 22 Oct 2021 | kr49.8b | kr30.3b | kr1.5b | 21.6x | 32.1x | 1.6x |
| Sun, 19 Sep 2021 | kr49.4b | kr30.2b | kr1.5b | 20.9x | 31.9x | 1.6x |
| Tue, 17 Aug 2021 | kr49.0b | kr30.2b | kr1.5b | 18.2x | 31.7x | 1.6x |
Price to Earnings Ratio
30x
Current Industry PE
- Investors are optimistic on the Swedish Professional Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.0x which is higher than its 3-year average PE of 20.5x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 23% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Swedish Industrials industry?
| SE Market | -1.26% | |
| Industrials | -1.98% | |
| Professional Services | -1.79% | |
| Research and Consulting Services | -0.094% | |
| HR Services | -5.76% | |
Industry PE
- Investors are most optimistic about the HR Services industry, which is trading close to its 3-year average PE ratio of 25.8x.
- Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings decline of 13.7% per year.
- Investors are most pessimistic about the Research and Consulting Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 19.4x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the HR Services industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AIXIA B Aixia Group | kr190.00 | 13.1% +kr34.7m | 205.5% | PE34x | |
| WISE Wise Group | kr26.00 | 7.9% +kr14.0m | -26.6% | PS0.3x | |
| PENG B Projektengagemang Sweden | kr12.90 | 4.5% +kr13.2m | 9.8% | PS0.4x | |
| VIMAB Vimab Group | kr9.55 | 4.9% +kr10.0m | 6.6% | PS0.6x | |
| HIFA B Hifab Group | kr3.02 | 4.9% +kr8.5m | 16.2% | PE11.8x |
