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Swedish (OMX) Chemicals Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies15
  • 7D6.8%
  • 3M-8.8%
  • 1Y-10.2%
  • YTD-10.7%

Over the last 7 days, the Chemicals industry has risen 5.5%, driven by gains from HEXPOL of 6.8%. Meanwhile, Nexam Chemical Holding actually underperformed within the industry, shrinking 14% in the last week. However, the industry is down 10% over the past year. Earnings are forecast to grow by 5.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026SEK 32.2bSEK 27.3bSEK 2.0b16.6x16.4x1.2x
Fri, 13 Mar 2026SEK 30.7bSEK 27.2bSEK 2.0b15.1x15.7x1.1x
Sun, 08 Feb 2026SEK 31.5bSEK 27.3bSEK 2.0b14.6x15.7x1.2x
Tue, 06 Jan 2026SEK 36.1bSEK 28.1bSEK 1.8b15.6x19.5x1.3x
Thu, 04 Dec 2025SEK 34.9bSEK 28.1bSEK 1.8b15.7x18.9x1.2x
Sat, 01 Nov 2025SEK 36.4bSEK 28.2bSEK 1.9b20.8x19.4x1.3x
Mon, 29 Sep 2025SEK 36.3bSEK 28.5bSEK 2.0b19.9x18.4x1.3x
Wed, 27 Aug 2025SEK 36.6bSEK 28.4bSEK 2.0b26.1x18.7x1.3x
Fri, 25 Jul 2025SEK 37.5bSEK 28.4bSEK 2.0b27.8x19.1x1.3x
Sun, 22 Jun 2025SEK 36.9bSEK 28.8bSEK 2.1b26.7x17.4x1.3x
Tue, 20 May 2025SEK 37.8bSEK 28.7bSEK 2.1b27.6x17.9x1.3x
Thu, 17 Apr 2025SEK 35.7bSEK 28.4bSEK 2.2b22.5x16.2x1.3x
Sat, 15 Mar 2025SEK 43.7bSEK 28.4bSEK 2.2b24x19.8x1.5x
Mon, 10 Feb 2025SEK 41.7bSEK 25.6bSEK 1.8b19.9x23.4x1.6x
Wed, 08 Jan 2025SEK 42.5bSEK 25.7bSEK 1.9b21.8x21.8x1.7x
Fri, 06 Dec 2024SEK 42.3bSEK 25.7bSEK 1.9b20.1x21.7x1.6x
Sun, 03 Nov 2024SEK 40.9bSEK 25.6bSEK 2.0b19.1x20.9x1.6x
Tue, 01 Oct 2024SEK 41.5bSEK 26.0bSEK 2.1b19.6x19.7x1.6x
Thu, 29 Aug 2024SEK 44.9bSEK 26.0bSEK 2.1b20.1x21.4x1.7x
Sat, 27 Jul 2024SEK 46.6bSEK 25.8bSEK 2.1b16.4x22.6x1.8x
Mon, 24 Jun 2024SEK 48.9bSEK 26.1bSEK 2.1b16.9x23.2x1.9x
Wed, 22 May 2024SEK 51.5bSEK 26.1bSEK 2.1b17.9x24.5x2x
Fri, 19 Apr 2024SEK 51.0bSEK 26.9bSEK 2.1b17.9x24.3x1.9x
Sun, 17 Mar 2024SEK 49.0bSEK 26.9bSEK 2.1b17.2x23.3x1.8x
Tue, 13 Feb 2024SEK 48.7bSEK 27.2bSEK 1.9b21x25x1.8x
Thu, 11 Jan 2024SEK 47.4bSEK 28.0bSEK 1.9b22x25.6x1.7x
Sat, 09 Dec 2023SEK 45.9bSEK 28.0bSEK 1.9b20.4x24.8x1.6x
Mon, 06 Nov 2023SEK 41.7bSEK 28.0bSEK 1.8b16.7x22.8x1.5x
Wed, 04 Oct 2023SEK 42.3bSEK 28.7bSEK 1.9b12.9x22.8x1.5x
Fri, 01 Sep 2023SEK 47.4bSEK 28.7bSEK 1.9b13.7x25.5x1.7x
Sun, 30 Jul 2023SEK 49.1bSEK 28.6bSEK 1.9b16.2x26.4x1.7x
Tue, 27 Jun 2023SEK 48.0bSEK 28.5bSEK 1.8b15.9x26.2x1.7x
Thu, 25 May 2023SEK 49.0bSEK 28.5bSEK 1.8b16.7x26.7x1.7x
Sat, 22 Apr 2023SEK 54.0bSEK 27.7bSEK 1.8b19x29.2x2x
Price to Earnings Ratio

29.2x


Total Market Cap: SEK 54.0bTotal Earnings: SEK 1.8bTotal Revenue: SEK 27.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Chemicals Industry Price to Earnings3Y Average 21.5x202420252026
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 16.3x which is lower than its 3-year average PE of 21.5x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
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 Market5.71%
Materials6.18%
Chemicals6.80%
Specialty Chemicals7.32%
Fertilizers and Agricultural Chemicals0%0
Commodity Chemicals-0.12%
Industry PE
  • Investors are most optimistic about the Commodity Chemicals industry, which is trading close to its 3-year average PE ratio of 37.5x.
    • 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 17.6x.
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 5.0% 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 77.257.8%
+SEK 1.9b		-8.6%PE13.7x
ITECH I-TechSEK 54.0012.5%
+SEK 72.0m		-31.6%PE19.5x
ORGC OrganoClickSEK 0.8476.6%
+SEK 40.3m		-62.7%PS0.9x
KBC KB ComponentsSEK 40.801.2%
+SEK 28.0m		-18.4%PE24.8x
DURC B DurocSEK 18.002.9%
+SEK 19.5m		19.6%PS0.2x

Latest News

ECO B
SEK 0.087
EcoRub
7D
14.2%
1Y
-15.1%
ITECH
SEK 54.00
I-Tech
7D
12.5%
1Y
-31.6%

ITECH: Higher Dividend Proposal Will Support Future Upside

Analysts have maintained I-Tech's SEK 112.00 price target, with slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E serving to refine rather than significantly change their overall view on the shares. What's in the News The board of I-Tech AB has proposed an ordinary dividend of SEK 1.25 per share, compared with SEK 1.00 previously.
HPOL B
SEK 77.25
HEXPOL
7D
7.8%
1Y
-8.6%

HPOL B: Rebased Price Expectations Will Balance Future Margin And P E Discipline

Analysts have trimmed their price target on HEXPOL by SEK 21 to reflect updated views on fair value, discount rates and long term earnings assumptions, while still factoring in higher modeled revenue growth and a slightly lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts acknowledge the SEK 21 price target trim but still see support for the updated fair value based on the current earnings framework and assumptions.
ARPL
SEK 48.30
Arla Plast
7D
0.2%
1Y
-0.4%
NEXAM
SEK 2.60
Nexam Chemical Holding
7D
-8.8%
1Y
-11.9%
DURC B
SEK 18.00
Duroc
7D
2.9%
1Y
19.6%
AERO
SEK 1.40
Svenska Aerogel Holding
7D
-0.4%
1Y
-18.9%
POLYG
SEK 7.18
Polygiene Group
7D
-3.0%
1Y
-27.9%
KBC
SEK 40.80
KB Components
7D
1.2%
1Y
-18.4%
AXIC A
SEK 1.38
aXichem
7D
-9.8%
1Y
9.6%
XPC
SEK 0.18
XP Chemistries
7D
2.8%
1Y
-22.5%
ORGC
SEK 0.84
OrganoClick
7D
76.6%
1Y
-62.7%

OrganoClick AB (publ) (STO:ORGC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 15
OrganoClick AB (publ) (STO:ORGC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
RECY B
SEK 0.088
Recyctec Holding
7D
-4.8%
1Y
-82.4%