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Swedish (OMX) Chemicals Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies14
  • 7D-2.4%
  • 3M-15.0%
  • 1Y-30.9%
  • YTD-17.1%

Over the last 7 days, the Chemicals industry has dropped 2.4%, driven by a pullback from HEXPOL of 2.8%. In contrast, I-Tech has gained 13%. The industry has fallen 31% in the last year. As for the next few years, earnings are expected to grow by 5.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Mar 2026SEK 29.8bSEK 27.2bSEK 2.0b15.7x15.2x1.1x
Sat, 14 Feb 2026SEK 31.8bSEK 27.3bSEK 2.0b15x15.8x1.2x
Mon, 12 Jan 2026SEK 35.9bSEK 28.1bSEK 1.8b15.5x19.4x1.3x
Wed, 10 Dec 2025SEK 35.4bSEK 28.1bSEK 1.8b15.4x19.2x1.3x
Fri, 07 Nov 2025SEK 35.1bSEK 28.1bSEK 1.9b19.5x18.9x1.2x
Sun, 05 Oct 2025SEK 36.0bSEK 28.5bSEK 2.0b20x18.3x1.3x
Tue, 02 Sep 2025SEK 36.5bSEK 28.5bSEK 2.0b23.8x18.5x1.3x
Thu, 31 Jul 2025SEK 36.7bSEK 28.4bSEK 2.0b28.3x18.7x1.3x
Sat, 28 Jun 2025SEK 39.3bSEK 28.8bSEK 2.1b26.5x18.5x1.4x
Mon, 26 May 2025SEK 37.1bSEK 28.8bSEK 2.1b27x17.5x1.3x
Wed, 23 Apr 2025SEK 35.3bSEK 28.4bSEK 2.2b22.5x16x1.2x
Fri, 21 Mar 2025SEK 42.5bSEK 28.4bSEK 2.2b23.9x19.3x1.5x
Sun, 16 Feb 2025SEK 43.6bSEK 25.6bSEK 2.0b25x21.5x1.7x
Tue, 14 Jan 2025SEK 41.4bSEK 25.7bSEK 2.0b20.9x21.1x1.6x
Thu, 12 Dec 2024SEK 45.5bSEK 25.7bSEK 1.9b21.5x23.4x1.8x
Sat, 09 Nov 2024SEK 42.0bSEK 25.6bSEK 2.0b18.9x21.5x1.6x
Mon, 07 Oct 2024SEK 41.6bSEK 26.0bSEK 2.1b20.1x19.8x1.6x
Wed, 04 Sep 2024SEK 44.1bSEK 26.0bSEK 2.1b19.7x20.9x1.7x
Fri, 02 Aug 2024SEK 45.7bSEK 25.8bSEK 2.1b16.1x22.2x1.8x
Sun, 30 Jun 2024SEK 46.8bSEK 26.1bSEK 2.1b16.2x22.3x1.8x
Tue, 28 May 2024SEK 51.0bSEK 26.1bSEK 2.1b17.7x24.2x2x
Thu, 25 Apr 2024SEK 51.2bSEK 26.9bSEK 2.1b17.9x24.3x1.9x
Sat, 23 Mar 2024SEK 50.9bSEK 26.9bSEK 2.1b17.8x24.2x1.9x
Mon, 19 Feb 2024SEK 48.7bSEK 27.2bSEK 1.6b16.7x29.6x1.8x
Wed, 17 Jan 2024SEK 46.5bSEK 28.0bSEK 1.9b21.1x25.1x1.7x
Fri, 15 Dec 2023SEK 47.1bSEK 28.0bSEK 1.9b22.3x25.5x1.7x
Sun, 12 Nov 2023SEK 42.0bSEK 28.0bSEK 1.9b17.1x22.6x1.5x
Tue, 10 Oct 2023SEK 41.3bSEK 28.7bSEK 1.9b12.7x22.3x1.4x
Thu, 07 Sep 2023SEK 46.2bSEK 28.7bSEK 1.9b13.9x24.9x1.6x
Sat, 05 Aug 2023SEK 47.3bSEK 28.6bSEK 1.9b15.9x25.3x1.7x
Mon, 03 Jul 2023SEK 49.6bSEK 28.5bSEK 1.8b16.3x27.1x1.7x
Wed, 31 May 2023SEK 47.6bSEK 28.5bSEK 1.8b16.6x26x1.7x
Fri, 28 Apr 2023SEK 52.7bSEK 27.7bSEK 1.8b18.9x28.7x1.9x
Sun, 26 Mar 2023SEK 51.8bSEK 27.7bSEK 1.9b18.9x28x1.9x
Price to Earnings Ratio

28x


Total Market Cap: SEK 51.8bTotal Earnings: SEK 1.9bTotal Revenue: SEK 27.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 21.9x202420252026
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 15.2x which is lower than its 3-year average PE of 21.9x.
  • 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-1.79%
Materials-4.83%
Chemicals-2.44%
Commodity Chemicals0.67%
Fertilizers and Agricultural Chemicals0%0
Specialty Chemicals-2.65%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 36.3x.
    • 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 5.2% 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
NEXAM Nexam Chemical HoldingSEK 3.1626.9%
+SEK 68.8m
-1.6%PS1.7x
ITECH I-TechSEK 50.209.6%
+SEK 52.8m
-42.0%PE18.1x
AXIC A aXichemSEK 1.6535.2%
+SEK 25.4m
24.1%PS5.3x
POLYG Polygiene GroupSEK 6.049.8%
+SEK 19.7m
-39.9%PS1.5x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m
-15.1%PS2.9x

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