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Swedish (OMX) Chemicals Industry Analysis

UpdatedDec 31, 2025
DataAggregated Company Financials
Companies15
  • 7D2.4%
  • 3M-0.6%
  • 1Y-15.0%
  • YTD-15.4%

Over the last 7 days, the Chemicals industry has risen 1.1%, driven by gains from HEXPOL of 1.3%. During this same period, the Polygiene Group underperformed, falling 8.8%. In the past year, the industry is down 15%. 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
Wed, 31 Dec 2025SEK 36.0bSEK 28.1bSEK 1.8b15.4x19.4x1.3x
Fri, 28 Nov 2025SEK 35.3bSEK 28.1bSEK 1.9b15.9x18.9x1.3x
Sun, 26 Oct 2025SEK 35.8bSEK 28.5bSEK 2.0b19.7x18.2x1.3x
Tue, 23 Sep 2025SEK 36.9bSEK 28.5bSEK 2.0b20.6x18.7x1.3x
Thu, 21 Aug 2025SEK 36.6bSEK 28.4bSEK 2.0b28.3x18.5x1.3x
Sat, 19 Jul 2025SEK 37.0bSEK 28.9bSEK 2.1b27.9x17.7x1.3x
Mon, 16 Jun 2025SEK 36.9bSEK 28.8bSEK 2.1b25.9x17.4x1.3x
Wed, 14 May 2025SEK 37.9bSEK 28.7bSEK 2.1b26.6x17.9x1.3x
Fri, 11 Apr 2025SEK 34.9bSEK 28.4bSEK 2.2b22.6x15.8x1.2x
Sun, 09 Mar 2025SEK 44.5bSEK 28.4bSEK 2.2b23.7x20.2x1.6x
Tue, 04 Feb 2025SEK 43.2bSEK 25.6bSEK 1.8b22x24.1x1.7x
Thu, 02 Jan 2025SEK 42.5bSEK 25.7bSEK 1.9b21.6x21.9x1.7x
Sat, 30 Nov 2024SEK 41.2bSEK 25.7bSEK 1.9b19.7x21.2x1.6x
Mon, 28 Oct 2024SEK 41.9bSEK 25.6bSEK 2.0b19.6x21.4x1.6x
Wed, 25 Sep 2024SEK 41.8bSEK 26.0bSEK 2.1b19.9x19.9x1.6x
Fri, 23 Aug 2024SEK 43.9bSEK 26.0bSEK 2.1b15.6x21.3x1.7x
Sun, 21 Jul 2024SEK 47.8bSEK 25.8bSEK 2.1b16.9x22.9x1.8x
Tue, 18 Jun 2024SEK 47.3bSEK 26.1bSEK 2.1b16.3x22.5x1.8x
Thu, 16 May 2024SEK 51.1bSEK 26.1bSEK 2.1b17.7x24.3x2x
Sat, 13 Apr 2024SEK 52.0bSEK 26.9bSEK 2.1b18.2x24.7x1.9x
Mon, 11 Mar 2024SEK 47.7bSEK 26.9bSEK 2.1b16.6x22.7x1.8x
Wed, 07 Feb 2024SEK 48.9bSEK 27.2bSEK 2.0b20.5x25.1x1.8x
Fri, 05 Jan 2024SEK 47.7bSEK 28.0bSEK 1.9b21.6x25.8x1.7x
Sun, 03 Dec 2023SEK 44.3bSEK 28.0bSEK 1.8b20.8x24x1.6x
Tue, 31 Oct 2023SEK 40.1bSEK 28.0bSEK 1.8b16.3x21.9x1.4x
Thu, 28 Sep 2023SEK 42.3bSEK 28.7bSEK 1.9b13x22.9x1.5x
Sat, 26 Aug 2023SEK 46.3bSEK 28.6bSEK 1.9b13.5x24.5x1.6x
Mon, 24 Jul 2023SEK 46.5bSEK 28.6bSEK 1.9b15.5x25x1.6x
Wed, 21 Jun 2023SEK 50.6bSEK 28.5bSEK 1.8b16.4x27.6x1.8x
Fri, 19 May 2023SEK 49.7bSEK 28.5bSEK 1.8b16.8x27.1x1.7x
Sun, 16 Apr 2023SEK 54.5bSEK 27.7bSEK 1.9b19.5x29.4x2x
Tue, 14 Mar 2023SEK 50.1bSEK 27.7bSEK 1.9b18.3x27x1.8x
Thu, 09 Feb 2023SEK 52.6bSEK 27.7bSEK 1.9b18.4x27.5x1.9x
Sat, 07 Jan 2023SEK 50.3bSEK 26.2bSEK 1.9b21.1x25.9x1.9x
Price to Earnings Ratio

25.9x


Total Market Cap: SEK 50.3bTotal Earnings: SEK 1.9bTotal Revenue: SEK 26.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 22.5x20242025
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 22.5x.
  • 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 Market1.25%
Materials2.27%
Chemicals2.42%
Specialty Chemicals2.49%
Commodity Chemicals1.19%
Fertilizers and Agricultural Chemicals-2.60%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 32.8x.
    • Analysts are expecting annual earnings growth of 63.2%, 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 11% 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 87.952.0%
+SEK 602.8m		-14.4%PE15.5x
KBC KB ComponentsSEK 41.9011.3%
+SEK 238.0m		0.2%PE23x
ARPL Arla PlastSEK 49.003.6%
+SEK 35.7m		4.5%PE10.6x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m		-15.1%PS2.9x
LCLEAN LifeClean InternationalSEK 0.0955.6%
+SEK 1.4m		-95.3%PS0.5x

Latest News

HPOL B
SEK 87.95
HEXPOL
7D
2.0%
1Y
-14.4%

HPOL B: Future M&A Activity Will Drive Attractive 75% CO2 Reduction Progress

Analysts have nudged their price target for HEXPOL slightly higher from SEK 98.75 to SEK 99.00, citing improving revenue growth expectations, a modestly stronger profit margin outlook, and a slightly lower projected future P E multiple as support for the updated valuation. What's in the News Management reiterated that mergers and acquisitions remain a key pillar of HEXPOL's growth strategy, with the company actively looking for targets despite near term geopolitical uncertainty affecting overall deal activity (Key Developments).
NEXAM
SEK 2.46
Nexam Chemical Holding
7D
-5.0%
1Y
-42.0%
ARPL
SEK 49.00
Arla Plast
7D
3.6%
1Y
4.5%
AXIC A
SEK 2.07
aXichem
7D
-1.0%
1Y
52.8%
ITECH
SEK 52.20
I-Tech
7D
-1.1%
1Y
-10.0%
KBC
SEK 41.90
KB Components
7D
11.3%
1Y
0.2%
XPC
SEK 0.18
XP Chemistries
7D
-2.4%
1Y
79.5%
POLYG
SEK 9.22
Polygiene Group
7D
-1.3%
1Y
-25.9%
CINIS
SEK 0.19
Cinis Fertilizer
7D
-2.6%
1Y
-98.2%
DURC B
SEK 15.20
Duroc
7D
-0.3%
1Y
-13.6%
ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%
LCLEAN
SEK 0.095
LifeClean International
7D
5.6%
1Y
-95.3%
POLYMER
SEK 0.56
Polymer Factory Sweden
7D
-11.9%
1Y
-38.3%