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Swedish (OMX) Metals and Mining Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies19
  • 7D4.2%
  • 3M22.2%
  • 1Y28.0%
  • YTD30.4%

The Metals and Mining industry is up 4.2% in the last week, with Boliden up 4.2%. In the same time, Lappland Guldprospektering was down 17%. In the last 12 months, the industry was up 28%. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Swedish Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Nov 2025SEK 226.3bSEK 239.3bSEK 14.8b15.3x15.3x0.9x
Mon, 13 Oct 2025SEK 211.9bSEK 240.0bSEK 14.6b13.8x14.5x0.9x
Wed, 10 Sep 2025SEK 184.8bSEK 240.0bSEK 14.6b12.8x12.6x0.8x
Fri, 08 Aug 2025SEK 180.4bSEK 239.9bSEK 14.6b13.6x12.3x0.8x
Sun, 06 Jul 2025SEK 179.3bSEK 242.7bSEK 18.7b12.6x9.6x0.7x
Tue, 03 Jun 2025SEK 184.8bSEK 242.7bSEK 18.7b12.7x9.9x0.8x
Thu, 01 May 2025SEK 181.3bSEK 242.7bSEK 18.7b12x9.7x0.7x
Sat, 29 Mar 2025SEK 194.1bSEK 239.4bSEK 18.8b12.1x10.3x0.8x
Mon, 24 Feb 2025SEK 211.8bSEK 239.4bSEK 18.8b13.3x11.3x0.9x
Wed, 22 Jan 2025SEK 181.3bSEK 235.9bSEK 18.9b15.6x9.6x0.8x
Fri, 20 Dec 2024SEK 164.6bSEK 235.9bSEK 18.9b14x8.7x0.7x
Sun, 17 Nov 2024SEK 173.8bSEK 235.9bSEK 18.8b13.2x9.2x0.7x
Tue, 15 Oct 2024SEK 176.2bSEK 239.0bSEK 20.4b11x8.7x0.7x
Thu, 12 Sep 2024SEK 158.6bSEK 239.0bSEK 20.4b10.3x7.8x0.7x
Sat, 10 Aug 2024SEK 169.2bSEK 238.9bSEK 20.3b11.5x8.3x0.7x
Mon, 08 Jul 2024SEK 193.1bSEK 238.3bSEK 18.3b13.7x10.5x0.8x
Wed, 05 Jun 2024SEK 192.8bSEK 238.3bSEK 18.4b13.3x10.5x0.8x
Fri, 03 May 2024SEK 196.0bSEK 238.4bSEK 18.4b13x10.7x0.8x
Sun, 31 Mar 2024SEK 195.4bSEK 245.9bSEK 21.7b12.2x9x0.8x
Tue, 27 Feb 2024SEK 181.5bSEK 246.0bSEK 21.5b10.7x8.5x0.7x
Thu, 25 Jan 2024SEK 184.0bSEK 253.0b-SEK 9,798,921,834.0012.1x-18.8x0.7x
Sat, 23 Dec 2023SEK 202.1bSEK 253.0b-SEK 9,780,925,836.0012.9x-20.7x0.8x
Mon, 20 Nov 2023SEK 191.0bSEK 253.3b-SEK 9,852,518,351.0011.8x-19.4x0.8x
Wed, 18 Oct 2023SEK 180.6bSEK 255.8b-SEK 7,484,177,406.0012.2x-24.1x0.7x
Fri, 15 Sep 2023SEK 175.5bSEK 255.9b-SEK 7,488,597,166.0012.8x-23.4x0.7x
Sun, 13 Aug 2023SEK 172.4bSEK 255.8b-SEK 7,563,291,919.0012.1x-22.8x0.7x
Tue, 11 Jul 2023SEK 192.5bSEK 262.7b-SEK 418,366,747.0011.2x-460.1x0.7x
Thu, 08 Jun 2023SEK 204.6bSEK 262.7b-SEK 424,289,175.0012.9x-482.3x0.8x
Sat, 06 May 2023SEK 201.6bSEK 262.6b-SEK 324,978,843.0011.2x-620.3x0.8x
Mon, 03 Apr 2023SEK 217.3bSEK 263.2bSEK 3.2b10x68.5x0.8x
Wed, 01 Mar 2023SEK 222.6bSEK 263.0bSEK 3.3b9.6x66.7x0.8x
Fri, 27 Jan 2023SEK 226.8bSEK 254.5bSEK 38.8b7.9x5.8x0.9x
Sun, 25 Dec 2022SEK 188.8bSEK 252.7bSEK 38.8b6.3x4.9x0.7x
Tue, 22 Nov 2022SEK 182.2bSEK 252.6bSEK 38.9b6.2x4.7x0.7x
Price to Earnings Ratio

4.7x


Total Market Cap: SEK 182.2bTotal Earnings: SEK 38.9bTotal Revenue: SEK 252.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Metals and Mining Industry Price to Earnings3Y Average -31.4x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish Metals and Mining 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 15.3x which is higher than its 3-year average PE of -31.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 28% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SE Market1.37%
Materials2.34%
Metals and Mining4.25%
Silver16.64%
Precious Metals and Minerals5.11%
Steel4.40%
Diversified Metals and Mining4.29%
Aluminum3.12%
Gold0%0
Industry PE
  • Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 11.7x.
    • Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings decline of 38.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 33% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings grow by 18% 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
BOL BolidenSEK 430.002.9%
+SEK 3.4b		36.6%PE15.2x
SSAB A SSABSEK 63.103.7%
+SEK 2.2b		20.8%PE12.7x
ALLEI AlleimaSEK 80.902.8%
+SEK 550.3m		15.7%PE20.7x
VISC Gruvaktiebolaget ViscariaSEK 18.0012.5%
+SEK 300.4m		-22.7%PS9.5x
SOSI Sotkamo SilverSEK 1.2514.9%
+SEK 52.2m		15.3%PS1.1x

Latest News

BAT
SEK 0.067
Eurobattery Minerals
7D
-4.3%
1Y
-36.2%
GRNG
SEK 137.30
Gränges
7D
-0.8%
1Y
8.3%
ALLEI
SEK 80.90
Alleima
7D
2.8%
1Y
15.7%

Does Alleima (STO:ALLEI) Have A Healthy Balance Sheet?

Nov 14
Does Alleima (STO:ALLEI) Have A Healthy Balance Sheet?
GRANGX
SEK 38.70
Grangex
7D
-11.2%
1Y
280.2%
BOL
SEK 430.00
Boliden
7D
2.9%
1Y
36.6%

BOL: Recent Mining Approvals And Share Repurchases Will Shape Performance Outlook

Boliden's analyst price target has increased from SEK 386.73 to SEK 404.73, as analysts cite improved revenue growth forecasts and a steady profit margin outlook to support the more optimistic valuation. Analyst Commentary Recent updates from several major research firms reflect a mixture of optimism and caution regarding Boliden's valuation and performance outlook.
VISC
SEK 18.00
Gruvaktiebolaget Viscaria
7D
12.5%
1Y
-22.7%
DRIL
SEK 3.89
Drillcon
7D
2.4%
1Y
-14.3%
SOSI
SEK 1.25
Sotkamo Silver
7D
14.9%
1Y
15.3%

Sotkamo Silver (NGM:SOSI) Has Debt But No Earnings; Should You Worry?

Oct 28
Sotkamo Silver (NGM:SOSI) Has Debt But No Earnings; Should You Worry?
SSAB A
SEK 63.10
SSAB
7D
3.7%
1Y
20.8%
PROF B
SEK 124.50
ProfilGruppen
7D
0.8%
1Y
19.7%
LGOLD B
SEK 146.60
Lappland Guldprospektering
7D
-25.0%
1Y
-2.3%
NIO
SEK 5.30
Nordic Iron Ore
7D
-2.9%
1Y
10.0%
ALONNR B
SEK 0.92
Archelon Natural Resources
7D
-1.7%
1Y
47.8%
BLUE
SEK 1.05
Bluelake Mineral
7D
-7.5%
1Y
13.6%