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Swedish (OMX) Chemicals Industry Analysis

UpdatedNov 02, 2025
DataAggregated Company Financials
Companies15
  • 7D1.5%
  • 3M1.0%
  • 1Y-16.5%
  • YTD-14.4%

Over the last 7 days, the Chemicals industry has risen 1.5%, driven by gains from HEXPOL of 1.5%. In the same time, I-Tech was down 7.0%. However, the industry is down 16% over the past year. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Nov 2025SEK 36.4bSEK 28.2bSEK 1.9b20.8x19.4x1.3x
Wed, 01 Oct 2025SEK 35.8bSEK 28.5bSEK 2.0b18.8x18.2x1.3x
Fri, 29 Aug 2025SEK 36.5bSEK 28.5bSEK 2.0b22.1x18.5x1.3x
Sun, 27 Jul 2025SEK 37.2bSEK 28.4bSEK 2.0b28.1x19x1.3x
Tue, 24 Jun 2025SEK 36.7bSEK 28.8bSEK 2.1b26.3x17.3x1.3x
Thu, 22 May 2025SEK 38.0bSEK 28.8bSEK 2.1b26.7x17.9x1.3x
Sat, 19 Apr 2025SEK 35.3bSEK 28.4bSEK 2.2b23.4x16x1.2x
Mon, 17 Mar 2025SEK 43.7bSEK 28.4bSEK 2.2b24x19.8x1.5x
Wed, 12 Feb 2025SEK 41.4bSEK 25.5bSEK 1.8b20.1x23.2x1.6x
Fri, 10 Jan 2025SEK 42.5bSEK 25.7bSEK 1.9b21.4x21.9x1.7x
Sun, 08 Dec 2024SEK 42.4bSEK 25.7bSEK 1.9b20.9x21.8x1.6x
Tue, 05 Nov 2024SEK 40.8bSEK 25.6bSEK 2.0b19.3x20.9x1.6x
Thu, 03 Oct 2024SEK 41.7bSEK 26.0bSEK 2.1b19.9x19.8x1.6x
Sat, 31 Aug 2024SEK 45.4bSEK 26.0bSEK 2.1b20.3x21.6x1.7x
Mon, 29 Jul 2024SEK 46.6bSEK 25.8bSEK 2.1b16.4x22.6x1.8x
Wed, 26 Jun 2024SEK 47.2bSEK 26.1bSEK 2.1b16.4x22.4x1.8x
Fri, 24 May 2024SEK 51.4bSEK 26.1bSEK 2.1b17.8x24.4x2x
Sun, 21 Apr 2024SEK 50.6bSEK 26.9bSEK 2.1b17.7x24x1.9x
Tue, 19 Mar 2024SEK 49.3bSEK 26.9bSEK 2.1b17.3x23.5x1.8x
Thu, 15 Feb 2024SEK 48.2bSEK 27.2bSEK 1.9b20.9x24.8x1.8x
Sat, 13 Jan 2024SEK 47.7bSEK 28.0bSEK 1.9b21.9x25.8x1.7x
Mon, 11 Dec 2023SEK 45.9bSEK 28.0bSEK 1.9b20.4x24.8x1.6x
Wed, 08 Nov 2023SEK 41.1bSEK 28.0bSEK 1.8b16.4x22.5x1.5x
Fri, 06 Oct 2023SEK 41.0bSEK 28.7bSEK 1.9b12.8x22.2x1.4x
Sun, 03 Sep 2023SEK 47.1bSEK 28.7bSEK 1.9b13.5x25.4x1.6x
Tue, 01 Aug 2023SEK 49.0bSEK 28.6bSEK 1.9b16.3x26.3x1.7x
Thu, 29 Jun 2023SEK 48.3bSEK 28.5bSEK 1.8b15.8x26.4x1.7x
Sat, 27 May 2023SEK 48.7bSEK 28.5bSEK 1.8b16.8x26.6x1.7x
Mon, 24 Apr 2023SEK 54.0bSEK 27.7bSEK 1.8b19x29.2x2x
Wed, 22 Mar 2023SEK 52.7bSEK 27.7bSEK 1.9b18.7x28.5x1.9x
Fri, 17 Feb 2023SEK 51.8bSEK 27.7bSEK 1.9b18.3x27.3x1.9x
Sun, 15 Jan 2023SEK 50.4bSEK 26.2bSEK 1.9b21.2x26x1.9x
Tue, 13 Dec 2022SEK 49.9bSEK 26.2bSEK 1.9b18.6x25.7x1.9x
Thu, 10 Nov 2022SEK 48.4bSEK 26.2bSEK 2.0b16.5x24.5x1.8x
Price to Earnings Ratio

24.5x


Total Market Cap: SEK 48.4bTotal Earnings: SEK 2.0bTotal Revenue: SEK 26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 22.8x202320242025
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 19.4x which is lower than its 3-year average PE of 22.8x.
  • 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 2.4% 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 Market-1.06%
Materials0.13%
Chemicals1.48%
Fertilizers and Agricultural Chemicals4.21%
Specialty Chemicals1.63%
Commodity Chemicals-0.66%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 30.3x.
    • Analysts are expecting annual earnings growth of 63.2%, which is higher than its past year's earnings growth of 43.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Fertilizers and Agricultural Chemicals industry, expecting annual earnings growth of 80% over the next 5 years.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 9.4% 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
HPOL B HEXPOLSEK 86.551.5%
+SEK 430.5m		-16.0%PE15.2x
KBC KB ComponentsSEK 45.405.7%
+SEK 137.2m		n/aPE20.8x
POLYG Polygiene GroupSEK 9.4010.1%
+SEK 31.4m		-18.6%PS2.2x
DURC B DurocSEK 17.253.0%
+SEK 19.5m		-15.9%PS0.2x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m		-15.1%PS2.9x

Latest News

CIRCHE
SEK 1.32
CirChem
7D
-15.4%
1Y
-49.2%
HPOL B
SEK 86.55
HEXPOL
7D
1.5%
1Y
-16.0%

HPOL B: Mergers And CO2 Reduction Progress Will Drive Momentum

Analysts have slightly lowered their price target for HEXPOL from SEK 100.50 to SEK 98.75, citing revised expectations around revenue growth and updated discount rates. They also noted a modest improvement in profit margin forecasts.
NEXAM
SEK 3.24
Nexam Chemical Holding
7D
-5.5%
1Y
-21.4%
KBC
SEK 45.40
KB Components
7D
5.7%
1Y
n/a
ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%
POLYG
SEK 9.40
Polygiene Group
7D
10.1%
1Y
-18.6%

Polygiene Group's (STO:POLYG) Returns On Capital Are Heading Higher

Oct 29
Polygiene Group's (STO:POLYG) Returns On Capital Are Heading Higher
LCLEAN
SEK 0.16
LifeClean International
7D
5.3%
1Y
-95.4%
ITECH
SEK 72.00
I-Tech
7D
-7.0%
1Y
50.6%
ARPL
SEK 59.80
Arla Plast
7D
-0.7%
1Y
20.1%
DURC B
SEK 17.25
Duroc
7D
3.0%
1Y
-15.9%
POLYMER
SEK 0.85
Polymer Factory Sweden
7D
-7.6%
1Y
24.1%
AXIC A
SEK 2.65
aXichem
7D
-0.7%
1Y
80.3%
XPC
SEK 0.24
XP Chemistries
7D
6.3%
1Y
77.4%
ORGC
SEK 1.75
OrganoClick
7D
2.6%
1Y
-40.9%
RECY B
SEK 0.088
Recyctec Holding
7D
-4.8%
1Y
-82.4%