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Swedish (OMX) Chemicals Industry Analysis

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies15
  • 7D13.3%
  • 3M3.7%
  • 1Y-8.7%
  • YTD-4.6%

The Chemicals industry is up 13% in the last week, with HEXPOL up 20%. However, the industry is down 8.7% over the past year. Looking forward, earnings are forecast to grow by 8.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026SEK 34.5bSEK 26.5bSEK 1.8b23.4x19x1.3x
Thu, 18 Jun 2026SEK 30.8bSEK 26.5bSEK 1.8b23.7x17x1.2x
Sat, 16 May 2026SEK 31.4bSEK 26.6bSEK 1.8b21.2x17.1x1.2x
Mon, 13 Apr 2026SEK 32.1bSEK 27.3bSEK 2.0b15.7x16.4x1.2x
Wed, 11 Mar 2026SEK 30.6bSEK 27.2bSEK 2.0b14.8x15.6x1.1x
Fri, 06 Feb 2026SEK 31.1bSEK 27.4bSEK 2.0b13x15.5x1.1x
Sun, 04 Jan 2026SEK 36.0bSEK 28.1bSEK 1.8b15.6x19.4x1.3x
Tue, 02 Dec 2025SEK 35.7bSEK 28.1bSEK 1.8b16.1x19.3x1.3x
Thu, 30 Oct 2025SEK 36.1bSEK 28.2bSEK 1.9b19.1x19.2x1.3x
Sat, 27 Sep 2025SEK 36.3bSEK 28.5bSEK 2.0b19.9x18.4x1.3x
Mon, 25 Aug 2025SEK 36.6bSEK 28.4bSEK 2.0b25.2x18.7x1.3x
Wed, 23 Jul 2025SEK 37.2bSEK 28.4bSEK 2.0b27.6x18.9x1.3x
Fri, 20 Jun 2025SEK 36.9bSEK 28.8bSEK 2.1b26.7x17.4x1.3x
Sun, 18 May 2025SEK 37.5bSEK 28.7bSEK 2.1b24.9x17.8x1.3x
Tue, 15 Apr 2025SEK 35.7bSEK 28.4bSEK 2.2b22.8x16.2x1.3x
Thu, 13 Mar 2025SEK 42.4bSEK 28.4bSEK 2.2b23.7x19.3x1.5x
Sat, 08 Feb 2025SEK 41.7bSEK 25.6bSEK 1.8b19.9x23.1x1.6x
Mon, 06 Jan 2025SEK 42.3bSEK 25.7bSEK 1.9b22x21.7x1.6x
Wed, 04 Dec 2024SEK 41.6bSEK 25.7bSEK 2.0b19.9x21x1.6x
Fri, 01 Nov 2024SEK 40.5bSEK 25.6bSEK 2.0b19.4x20.7x1.6x
Sun, 29 Sep 2024SEK 42.5bSEK 26.0bSEK 2.1b19.8x20.2x1.6x
Tue, 27 Aug 2024SEK 44.8bSEK 26.0bSEK 2.1b20.3x21.4x1.7x
Thu, 25 Jul 2024SEK 47.0bSEK 25.8bSEK 2.1b16.6x22.8x1.8x
Sat, 22 Jun 2024SEK 48.9bSEK 26.1bSEK 2.1b16.9x23.2x1.9x
Mon, 20 May 2024SEK 50.9bSEK 26.1bSEK 2.1b17.5x24.2x1.9x
Wed, 17 Apr 2024SEK 52.3bSEK 26.9bSEK 2.1b18.4x24.9x1.9x
Fri, 15 Mar 2024SEK 48.9bSEK 26.9bSEK 2.1b17.1x23.3x1.8x
Sun, 11 Feb 2024SEK 48.5bSEK 27.2bSEK 1.9b20.8x24.9x1.8x
Tue, 09 Jan 2024SEK 47.7bSEK 28.0bSEK 1.9b21.3x25.8x1.7x
Thu, 07 Dec 2023SEK 45.2bSEK 28.0bSEK 1.8b20.1x24.4x1.6x
Sat, 04 Nov 2023SEK 41.7bSEK 28.0bSEK 1.8b16.7x22.8x1.5x
Mon, 02 Oct 2023SEK 42.9bSEK 28.7bSEK 1.9b13.1x23.1x1.5x
Wed, 30 Aug 2023SEK 47.4bSEK 28.6bSEK 1.9b13.6x25x1.7x
Fri, 28 Jul 2023SEK 48.8bSEK 28.6bSEK 1.9b16x26.3x1.7x
Price to Earnings Ratio

26.3x


Total Market Cap: SEK 48.8bTotal Earnings: SEK 1.9bTotal Revenue: SEK 28.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 20.6x202420252026
Current Industry PE
  • Investors are relatively neutral on the Swedish Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.6x.
  • The 3-year average PS ratio of 1.5x 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 declined 2.6% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

SE Market-0.20%
Materials2.11%
Chemicals13.27%
Specialty Chemicals14.02%
Commodity Chemicals2.32%
Fertilizers and Agricultural Chemicals0%0
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry, which is trading close to its 3-year average PE ratio of 17.4x.
    • Analysts are expecting annual earnings growth of 8.1%, which is higher than its past year's earnings decline of 22.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 66% over the next 5 years.
  • This is better than its past earnings decline of 9.2% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 8.1% 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
HPOL B HEXPOLSEK 86.2520.0%
+SEK 4.9b		-0.7%PE16.3x
ORGC OrganoClickSEK 0.5841.0%
+SEK 18.5m		-67.7%PS0.6x
ECO B EcoRubSEK 0.08714.2%
+SEK 5.6m		-15.1%PS2.9x
TRIBO B Tribox GroupSEK 0.244.3%
+SEK 3.2m		-13.0%PE89.3x
XPC XP ChemistriesSEK 0.172.1%
+SEK 1.1m		-39.0%PS148.3x

Latest News

HPOL B
SEK 86.25
HEXPOL
7D
20.0%
1Y
-0.7%
AERO
SEK 0.83
Svenska Aerogel Holding
7D
-8.0%
1Y
-55.2%
KBC
SEK 38.00
KB Components
7D
-5.0%
1Y
-19.8%
NEXAM
SEK 3.30
Nexam Chemical Holding
7D
-7.8%
1Y
-14.3%
LCLEAN
SEK 0.028
LifeClean International
7D
-20.1%
1Y
-77.2%
ORGC
SEK 0.58
OrganoClick
7D
41.0%
1Y
-67.7%
POLYG
SEK 4.88
Polygiene Group
7D
-3.6%
1Y
-58.8%
Analysis Article • Jul 01

Here's Why We're Not At All Concerned With Polygiene Group's (STO:POLYG) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, although...
ITECH
SEK 66.40
I-Tech
7D
-2.1%
1Y
-41.0%
Narrative Update • Jun 12

ITECH: Extended EU Approval And Strong Margins Will Support Future Upside

Analysts have reduced their price target on I-Tech from SEK 112.0 to SEK 108.5 after incorporating updated assumptions for revenue growth, profit margins, discount rate, and future P/E into their models. What's in the News The European Commission and the Standing Committee on Biocidal Products extended EU approval for I-Tech's antifouling biocide Selektope (medetomidine) for use in antifouling coatings (product-type 21) until 31 December 2026, citing delays in the ongoing assessment for reasons outside the company’s control.
XPC
SEK 0.17
XP Chemistries
7D
2.1%
1Y
-39.0%
AXIC A
SEK 2.63
aXichem
7D
0.4%
1Y
-7.7%
CIRCHE
SEK 0.70
CirChem
7D
-6.4%
1Y
-65.4%
TRIBO B
SEK 0.24
Tribox Group
7D
4.3%
1Y
-13.0%
ARPL
SEK 38.00
Arla Plast
7D
-0.8%
1Y
-22.4%
ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%