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Swedish (OMX) Chemicals Industry Analysis

UpdatedFeb 12, 2026
DataAggregated Company Financials
Companies14
  • 7D1.2%
  • 3M-8.2%
  • 1Y-23.8%
  • YTD-11.8%

The Chemicals industry is up 3.0% in the last week, with HEXPOL up 3.5%. During this same period, the I-Tech underperformed, falling 13%. In contrast, the industry has lost 23% in the last 12 months. Looking forward, earnings are forecast to grow by 5.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 12 Feb 2026SEK 31.7bSEK 27.3bSEK 2.0b14.9x15.7x1.2x
Sat, 10 Jan 2026SEK 35.9bSEK 28.1bSEK 1.8b15.5x19.4x1.3x
Mon, 08 Dec 2025SEK 36.1bSEK 28.1bSEK 1.8b16x19.5x1.3x
Wed, 05 Nov 2025SEK 35.0bSEK 28.2bSEK 1.9b18.8x18.6x1.2x
Fri, 03 Oct 2025SEK 35.9bSEK 28.5bSEK 2.0b19.9x18.2x1.3x
Sun, 31 Aug 2025SEK 36.6bSEK 28.5bSEK 2.0b23.5x18.6x1.3x
Tue, 29 Jul 2025SEK 37.1bSEK 28.4bSEK 2.0b28.9x18.9x1.3x
Thu, 26 Jun 2025SEK 38.1bSEK 28.8bSEK 2.1b26x18x1.3x
Sat, 24 May 2025SEK 37.3bSEK 28.8bSEK 2.1b27.6x17.6x1.3x
Mon, 21 Apr 2025SEK 35.3bSEK 28.4bSEK 2.2b23.4x16x1.2x
Wed, 19 Mar 2025SEK 43.4bSEK 28.4bSEK 2.2b23.7x19.7x1.5x
Fri, 14 Feb 2025SEK 41.9bSEK 25.5bSEK 1.8b20.6x23.5x1.6x
Sun, 12 Jan 2025SEK 41.6bSEK 25.7bSEK 1.9b21.3x21.4x1.6x
Tue, 10 Dec 2024SEK 43.1bSEK 25.7bSEK 1.9b20.8x22.1x1.7x
Thu, 07 Nov 2024SEK 42.6bSEK 25.6bSEK 2.0b19.4x21.8x1.7x
Sat, 05 Oct 2024SEK 41.6bSEK 26.0bSEK 2.1b20.1x19.8x1.6x
Mon, 02 Sep 2024SEK 45.4bSEK 26.0bSEK 2.1b20.3x21.6x1.7x
Wed, 31 Jul 2024SEK 46.4bSEK 25.8bSEK 2.1b16.3x22.5x1.8x
Fri, 28 Jun 2024SEK 47.1bSEK 26.1bSEK 2.1b16.3x22.4x1.8x
Sun, 26 May 2024SEK 51.4bSEK 26.1bSEK 2.1b17.9x24.4x2x
Tue, 23 Apr 2024SEK 50.6bSEK 26.9bSEK 2.1b17.7x24x1.9x
Thu, 21 Mar 2024SEK 49.9bSEK 26.9bSEK 2.1b17.5x23.7x1.9x
Sat, 17 Feb 2024SEK 48.7bSEK 27.2bSEK 1.6b16.7x29.6x1.8x
Mon, 15 Jan 2024SEK 47.7bSEK 28.0bSEK 1.9b21.9x25.8x1.7x
Wed, 13 Dec 2023SEK 45.6bSEK 28.0bSEK 1.9b20.4x24.7x1.6x
Fri, 10 Nov 2023SEK 42.3bSEK 27.9bSEK 1.8b16.6x22.9x1.5x
Sun, 08 Oct 2023SEK 41.1bSEK 28.7bSEK 1.9b12.8x22.2x1.4x
Tue, 05 Sep 2023SEK 46.8bSEK 28.7bSEK 1.9b13.9x25.2x1.6x
Thu, 03 Aug 2023SEK 48.2bSEK 28.6bSEK 1.9b16.1x25.9x1.7x
Sat, 01 Jul 2023SEK 49.6bSEK 28.5bSEK 1.8b16.3x27.1x1.7x
Mon, 29 May 2023SEK 48.7bSEK 28.5bSEK 1.8b16.8x26.6x1.7x
Wed, 26 Apr 2023SEK 53.2bSEK 27.7bSEK 1.8b18.8x28.7x1.9x
Fri, 24 Mar 2023SEK 51.8bSEK 27.7bSEK 1.9b19x28x1.9x
Sun, 19 Feb 2023SEK 51.7bSEK 27.7bSEK 1.9b18.1x27.6x1.9x
Price to Earnings Ratio

27.6x


Total Market Cap: SEK 51.7bTotal Earnings: SEK 1.9bTotal Revenue: SEK 27.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 22.2x202420252026
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 22.2x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 2.6% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

SE Market0.12%
Materials4.74%
Chemicals1.24%
Commodity Chemicals4.71%
Specialty Chemicals1.02%
Fertilizers and Agricultural Chemicals0%0
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry even though it's trading below its 3-year average PE ratio of 34.8x.
    • Analysts are expecting annual earnings growth of 55.6%, which is higher than its past year's earnings growth of 22.6% per year.
  • Investors are most pessimistic about the Specialty Chemicals industry, which is trading below its 3-year average of 17.8x.
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 growth rate of 23% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 5.6% 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 76.101.2%
+SEK 310.0m		-23.8%PE13.5x
KBC KB ComponentsSEK 39.952.6%
+SEK 56.0m		-19.2%PE22x
ARPL Arla PlastSEK 49.205.4%
+SEK 52.5m		4.0%PE10.7x
DURC B DurocSEK 18.254.6%
+SEK 31.2m		12.7%PS0.2x
POLYG Polygiene GroupSEK 8.989.2%
+SEK 27.8m		-26.4%PS2.1x

Latest News

HPOL B
SEK 76.10
HEXPOL
7D
1.2%
1Y
-23.8%

HPOL B: Reset Earnings Assumptions Will Shape Future Margin And CO2 Resilience

Analysts have trimmed their fair value estimate for HEXPOL to SEK 85.20 from SEK 97.00, reflecting updated assumptions on revenue growth, profit margins and future P/E multiples following recent Street research that included a SEK 21 reduction in the price target by Berenberg. Analyst Commentary Recent Street research, including the SEK 21 reduction in the price target, has prompted a reassessment of HEXPOL's valuation assumptions.
DURC B
SEK 18.25
Duroc
7D
4.6%
1Y
12.7%
LCLEAN
SEK 0.05
LifeClean International
7D
-18.7%
1Y
-94.9%
ITECH
SEK 44.90
I-Tech
7D
-14.0%
1Y
-45.2%

ITECH: Asian Marine Coatings Demand Will Offset EU Regulatory Setback

Analysts have raised their price target on I-Tech from $86.00 to $112.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E that together indicate a different balance of risk and reward for the stock. What's in the News The European Commission has drafted an implementation act proposing non renewal of Medetomidine (Selektope®) under the EU Biocidal Products Regulation.
AXIC A
SEK 1.33
aXichem
7D
2.7%
1Y
3.1%
KBC
SEK 39.95
KB Components
7D
2.6%
1Y
-19.2%
POLYMER
SEK 0.69
Polymer Factory Sweden
7D
-1.4%
1Y
-15.9%
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%
NEXAM
SEK 2.43
Nexam Chemical Holding
7D
3.0%
1Y
-38.5%
ORGC
SEK 1.66
OrganoClick
7D
-0.9%
1Y
-38.1%
ARPL
SEK 49.20
Arla Plast
7D
5.4%
1Y
4.0%
POLYG
SEK 8.98
Polygiene Group
7D
9.2%
1Y
-26.4%
XPC
SEK 0.18
XP Chemistries
7D
-2.7%
1Y
65.9%
AERO
SEK 1.51
Svenska Aerogel Holding
7D
-6.8%
1Y
-78.0%