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Swedish (OMX) Chemicals Industry Analysis

UpdatedJan 16, 2026
DataAggregated Company Financials
Companies15
  • 7D-0.6%
  • 3M2.5%
  • 1Y-16.0%
  • YTD-1.7%

Over the last 7 days, the Chemicals industry has dropped 3.0%, driven by a pullback from HEXPOL of 0.5%. However, the industry is down 17% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Swedish Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Jan 2026SEK 35.4bSEK 28.1bSEK 1.8b15.3x19.1x1.3x
Sun, 14 Dec 2025SEK 35.7bSEK 28.1bSEK 1.8b15.7x19.3x1.3x
Tue, 11 Nov 2025SEK 35.0bSEK 28.0bSEK 1.9b19.7x18.9x1.2x
Thu, 09 Oct 2025SEK 35.4bSEK 28.5bSEK 2.0b19.7x18x1.2x
Sat, 06 Sep 2025SEK 35.7bSEK 28.5bSEK 2.0b22.3x18.1x1.3x
Mon, 04 Aug 2025SEK 35.9bSEK 28.4bSEK 2.0b28.8x18.3x1.3x
Wed, 02 Jul 2025SEK 38.8bSEK 28.8bSEK 2.1b26.5x18.2x1.3x
Fri, 30 May 2025SEK 37.9bSEK 28.8bSEK 2.1b27x17.9x1.3x
Sun, 27 Apr 2025SEK 36.6bSEK 28.4bSEK 2.1b24.4x17.3x1.3x
Tue, 25 Mar 2025SEK 40.7bSEK 28.4bSEK 2.2b24x18.5x1.4x
Thu, 20 Feb 2025SEK 43.3bSEK 25.6bSEK 2.0b24.6x21.4x1.7x
Sat, 18 Jan 2025SEK 42.7bSEK 25.7bSEK 1.9b21.4x22x1.7x
Mon, 16 Dec 2024SEK 44.3bSEK 25.7bSEK 1.9b21.7x22.8x1.7x
Wed, 13 Nov 2024SEK 41.0bSEK 25.7bSEK 2.0b18.6x20.9x1.6x
Fri, 11 Oct 2024SEK 40.5bSEK 26.0bSEK 2.1b19.7x19.3x1.6x
Sun, 08 Sep 2024SEK 42.7bSEK 26.0bSEK 2.1b19.3x20.3x1.6x
Tue, 06 Aug 2024SEK 43.5bSEK 25.8bSEK 2.1b15.4x21.1x1.7x
Thu, 04 Jul 2024SEK 46.6bSEK 26.1bSEK 2.1b16.2x22.2x1.8x
Sat, 01 Jun 2024SEK 50.4bSEK 26.1bSEK 2.1b17.6x24x1.9x
Mon, 29 Apr 2024SEK 49.8bSEK 26.3bSEK 2.1b17.5x23.6x1.9x
Wed, 27 Mar 2024SEK 51.8bSEK 26.9bSEK 2.1b18.1x24.6x1.9x
Fri, 23 Feb 2024SEK 47.8bSEK 27.2bSEK 1.7b16.5x28.1x1.8x
Sun, 21 Jan 2024SEK 45.7bSEK 28.0bSEK 1.9b21.1x24.7x1.6x
Tue, 19 Dec 2023SEK 48.0bSEK 28.0bSEK 1.9b21.7x25.9x1.7x
Thu, 16 Nov 2023SEK 43.7bSEK 28.0bSEK 1.9b17.2x23.5x1.6x
Sat, 14 Oct 2023SEK 39.7bSEK 28.7bSEK 1.9b12.6x21.4x1.4x
Mon, 11 Sep 2023SEK 45.0bSEK 28.7bSEK 1.9b13.8x24.3x1.6x
Wed, 09 Aug 2023SEK 46.9bSEK 28.6bSEK 1.9b15.6x25.1x1.6x
Fri, 07 Jul 2023SEK 48.5bSEK 28.5bSEK 1.8b15.9x26.5x1.7x
Sun, 04 Jun 2023SEK 49.8bSEK 28.5bSEK 1.8b16.7x27.2x1.7x
Tue, 02 May 2023SEK 52.0bSEK 28.5bSEK 1.9b18.7x27.3x1.8x
Thu, 30 Mar 2023SEK 54.6bSEK 27.7bSEK 1.9b19.4x29.5x2x
Sat, 25 Feb 2023SEK 50.3bSEK 27.7bSEK 1.9b18.1x27.2x1.8x
Mon, 23 Jan 2023SEK 49.5bSEK 26.2bSEK 1.9b21.3x25.5x1.9x
Price to Earnings Ratio

25.5x


Total Market Cap: SEK 49.5bTotal Earnings: SEK 1.9bTotal Revenue: SEK 26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 22.4x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Chemicals 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 19.0x which is lower than its 3-year average PE of 22.5x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% 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 Materials industry?

SE Market2.61%
Materials4.23%
Chemicals-0.60%
Commodity Chemicals1.84%
Specialty Chemicals-0.68%
Fertilizers and Agricultural Chemicals-54.13%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 33.6x.
    • Analysts are expecting annual earnings growth of 49.0%, which is higher than its past year's earnings growth of 22.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 91% over the next 5 years.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DURC B DurocSEK 15.803.3%
+SEK 19.5m		-7.9%PS0.2x
ARPL Arla PlastSEK 50.001.4%
+SEK 14.7m		10.1%PE10.9x
POLYG Polygiene GroupSEK 9.862.7%
+SEK 9.5m		-25.6%PS2.3x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m		-15.1%PS2.9x
XPC XP ChemistriesSEK 0.186.2%
+SEK 3.3m		150.0%PS181.4x

Latest News

AXIC A
SEK 2.03
aXichem
7D
-11.4%
1Y
58.0%
POLYG
SEK 9.86
Polygiene Group
7D
2.7%
1Y
-25.6%
HPOL B
SEK 86.15
HEXPOL
7D
-0.5%
1Y
-16.6%

HPOL B: Future M&A Capacity Will Support 75% CO2 Reduction Progress

Analysts now see slightly less upside for HEXPOL, trimming their fair value estimate from €99.00 to €97.20 as they factor in more moderate revenue growth and profit margin assumptions, alongside a marginally higher discount rate, even as their future P/E input edges up. What's in the News Management reiterated that M&A is an important focus area for HEXPOL's growth plans, with the company stating it has financial resources available to accelerate acquisitions, although geopolitical uncertainty is currently affecting overall M&A activity levels (Key Developments).
NEXAM
SEK 2.40
Nexam Chemical Holding
7D
0.4%
1Y
-38.3%

Nexam Chemical Holding AB (publ) (STO:NEXAM) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Jan 03
Nexam Chemical Holding AB (publ) (STO:NEXAM) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
ORGC
SEK 1.71
OrganoClick
7D
-4.7%
1Y
-40.2%
ARPL
SEK 50.00
Arla Plast
7D
1.4%
1Y
10.1%
KBC
SEK 42.00
KB Components
7D
-2.3%
1Y
8.5%
XPC
SEK 0.18
XP Chemistries
7D
6.2%
1Y
150.0%
CIRCHE
SEK 0.92
CirChem
7D
-1.7%
1Y
-74.6%
CINIS
SEK 0.076
Cinis Fertilizer
7D
-54.1%
1Y
-98.8%
DURC B
SEK 15.80
Duroc
7D
3.3%
1Y
-7.9%
ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%
AERO
SEK 1.36
Svenska Aerogel Holding
7D
-6.6%
1Y
-78.3%
LCLEAN
SEK 0.08
LifeClean International
7D
-7.0%
1Y
-95.6%
POLYMER
SEK 0.59
Polymer Factory Sweden
7D
0.9%
1Y
-24.8%