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Swedish (OMX) Chemicals Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies14
  • 7D-4.5%
  • 3M-15.5%
  • 1Y-30.3%
  • YTD-16.7%

Over the last 7 days, the Chemicals industry has dropped 4.8%, driven by a pullback from HEXPOL of 5.1%. However, the industry is down 30% over the past year. Looking forward, earnings are forecast to grow by 5.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026SEK 30.0bSEK 27.2bSEK 2.0b14.4x15.3x1.1x
Thu, 05 Feb 2026SEK 31.3bSEK 27.4bSEK 2.0b14.3x15.6x1.1x
Sat, 03 Jan 2026SEK 36.0bSEK 28.1bSEK 1.8b15.6x19.4x1.3x
Mon, 01 Dec 2025SEK 35.3bSEK 28.1bSEK 1.8b15.5x19.1x1.3x
Wed, 29 Oct 2025SEK 35.6bSEK 28.2bSEK 1.9b18.8x19x1.3x
Fri, 26 Sep 2025SEK 36.3bSEK 28.5bSEK 2.0b20.8x18.4x1.3x
Sun, 24 Aug 2025SEK 36.6bSEK 28.4bSEK 2.0b25.2x18.7x1.3x
Tue, 22 Jul 2025SEK 37.0bSEK 28.4bSEK 2.0b27.8x18.8x1.3x
Thu, 19 Jun 2025SEK 37.1bSEK 28.8bSEK 2.1b26.3x17.5x1.3x
Sat, 17 May 2025SEK 37.5bSEK 28.7bSEK 2.1b24.9x17.8x1.3x
Mon, 14 Apr 2025SEK 34.7bSEK 28.4bSEK 2.2b22.4x15.8x1.2x
Wed, 12 Mar 2025SEK 42.5bSEK 28.4bSEK 2.2b24.1x19.3x1.5x
Fri, 07 Feb 2025SEK 42.2bSEK 25.6bSEK 1.8b22x23.6x1.7x
Sun, 05 Jan 2025SEK 42.3bSEK 25.7bSEK 1.9b22x21.7x1.6x
Tue, 03 Dec 2024SEK 41.5bSEK 25.7bSEK 2.0b19.9x20.9x1.6x
Thu, 31 Oct 2024SEK 40.5bSEK 25.6bSEK 2.0b19.4x20.7x1.6x
Sat, 28 Sep 2024SEK 42.5bSEK 26.0bSEK 2.1b19.8x20.2x1.6x
Mon, 26 Aug 2024SEK 44.6bSEK 26.0bSEK 2.1b19.8x21.3x1.7x
Wed, 24 Jul 2024SEK 47.3bSEK 25.8bSEK 2.1b16.7x22.6x1.8x
Fri, 21 Jun 2024SEK 48.9bSEK 26.1bSEK 2.1b16.9x23.2x1.9x
Sun, 19 May 2024SEK 50.9bSEK 26.1bSEK 2.1b17.5x24.2x1.9x
Tue, 16 Apr 2024SEK 52.2bSEK 26.9bSEK 2.1b18.4x24.9x1.9x
Thu, 14 Mar 2024SEK 49.1bSEK 26.9bSEK 2.1b17.1x23.4x1.8x
Sat, 10 Feb 2024SEK 48.5bSEK 27.2bSEK 1.9b20.8x24.9x1.8x
Mon, 08 Jan 2024SEK 46.7bSEK 28.0bSEK 1.9b21.2x25.3x1.7x
Wed, 06 Dec 2023SEK 44.3bSEK 28.0bSEK 1.8b19.9x24x1.6x
Fri, 03 Nov 2023SEK 41.9bSEK 28.0bSEK 1.8b16.9x22.9x1.5x
Sun, 01 Oct 2023SEK 42.9bSEK 28.7bSEK 1.9b13.1x23.1x1.5x
Tue, 29 Aug 2023SEK 46.8bSEK 28.6bSEK 1.9b13.7x24.7x1.6x
Thu, 27 Jul 2023SEK 48.4bSEK 28.6bSEK 1.9b15.9x26.1x1.7x
Sat, 24 Jun 2023SEK 48.2bSEK 28.5bSEK 1.8b15.9x26.3x1.7x
Mon, 22 May 2023SEK 50.8bSEK 28.5bSEK 1.8b16.9x27.7x1.8x
Wed, 19 Apr 2023SEK 54.8bSEK 27.7bSEK 1.9b19x29.6x2x
Fri, 17 Mar 2023SEK 50.9bSEK 27.7bSEK 1.9b18.6x27.5x1.8x
Price to Earnings Ratio

27.5x


Total Market Cap: SEK 50.9bTotal Earnings: SEK 1.9bTotal Revenue: SEK 27.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 22x202420252026
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 15.8x which is lower than its 3-year average PE of 22.0x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Chemicals industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the Swedish Materials industry?

SE Market-4.91%
Materials-7.33%
Chemicals-4.50%
Fertilizers and Agricultural Chemicals0%0
Specialty Chemicals-4.42%
Commodity Chemicals-5.62%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 36.0x.
    • Analysts are expecting annual earnings growth of 55.6%, which is higher than its past year's earnings decline of 9.8% per year.
  • Investors are most pessimistic about the Specialty Chemicals industry, which is trading below its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 9.8% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 5.1% 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
KBC KB ComponentsSEK 43.852.0%
+SEK 47.6m		-29.3%PE26.6x
NEXAM Nexam Chemical HoldingSEK 2.423.4%
+SEK 8.2m		-24.4%PS1.3x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m		-15.1%PS2.9x
AXIC A aXichemSEK 1.262.4%
+SEK 1.8m		4.6%PS4x
ITECH I-TechSEK 44.700.2%
+SEK 1.2m		-43.4%PE16.2x

Latest News

ITECH
SEK 44.70
I-Tech
7D
0.2%
1Y
-43.4%
DURC B
SEK 17.40
Duroc
7D
-11.9%
1Y
3.6%
KBC
SEK 43.85
KB Components
7D
2.0%
1Y
-29.3%
ARPL
SEK 45.30
Arla Plast
7D
-3.2%
1Y
-10.8%
HPOL B
SEK 71.05
HEXPOL
7D
-5.1%
1Y
-30.9%

HPOL B: Rebased Price Expectations Will Shape Future Margin And CO2 Resilience

Analysts have lowered their price target on HEXPOL by SEK 21 to reflect updated views on valuation, while keeping underlying assumptions for growth, margins and future P/E broadly unchanged. Analyst Commentary Bullish Takeaways Bullish analysts see the SEK 21 cut to the price target as a calibration to current market conditions rather than a shift in the core investment case, since underlying assumptions for growth, margins and future P/E are described as broadly unchanged.
AXIC A
SEK 1.26
aXichem
7D
2.4%
1Y
4.6%
XPC
SEK 0.18
XP Chemistries
7D
-2.6%
1Y
61.8%
AERO
SEK 1.66
Svenska Aerogel Holding
7D
-5.1%
1Y
-29.1%
POLYG
SEK 5.62
Polygiene Group
7D
-9.6%
1Y
-50.7%
ORGC
SEK 1.50
OrganoClick
7D
-7.1%
1Y
-34.8%

OrganoClick AB (publ) (STO:ORGC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 15
OrganoClick AB (publ) (STO:ORGC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
NEXAM
SEK 2.42
Nexam Chemical Holding
7D
3.4%
1Y
-24.4%
LCLEAN
SEK 0.052
LifeClean International
7D
6.6%
1Y
-86.7%
RECY B
SEK 0.088
Recyctec Holding
7D
-4.8%
1Y
-82.4%
ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%