Swedish (OMX) Metals and Mining Industry Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies21
- 7D0.5%
- 3M4.7%
- 1Y21.2%
- YTD3.2%
The Metals and Mining is pretty flat in the last 7 days, but Alleima has stood out, gaining 5.6%. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are forecast to decline by 22% per annum.
Industry Valuation and Performance
Has the Swedish Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | kr185.4b | kr252.7b | kr38.8b | 6.5x | 4.8x | 0.7x |
| Thu, 27 Oct 2022 | kr172.9b | kr252.6b | kr38.9b | 6.2x | 4.4x | 0.7x |
| Sat, 24 Sep 2022 | kr160.8b | kr240.0b | kr37.8b | 6.3x | 4.2x | 0.7x |
| Mon, 22 Aug 2022 | kr162.3b | kr223.8b | kr36.0b | 8.3x | 4.5x | 0.7x |
| Wed, 20 Jul 2022 | kr144.2b | kr208.2b | kr30.2b | 13.4x | 4.8x | 0.7x |
| Fri, 17 Jun 2022 | kr160.9b | kr205.7b | kr30.1b | 13.7x | 5.3x | 0.8x |
| Sun, 15 May 2022 | kr167.5b | kr205.6b | kr30.1b | 9.4x | 5.6x | 0.8x |
| Tue, 12 Apr 2022 | kr207.4b | kr186.6b | kr23.8b | 13.5x | 8.7x | 1.1x |
| Thu, 10 Mar 2022 | kr188.2b | kr186.7b | kr23.8b | 10.9x | 7.9x | 1x |
| Sat, 05 Feb 2022 | kr175.0b | kr184.7b | kr23.7b | 12.4x | 7.4x | 0.9x |
| Mon, 03 Jan 2022 | kr162.5b | kr172.7b | kr18.7b | 12.5x | 8.7x | 0.9x |
| Wed, 01 Dec 2021 | kr144.0b | kr172.7b | kr18.7b | 11.9x | 7.7x | 0.8x |
| Fri, 29 Oct 2021 | kr146.3b | kr172.5b | kr18.6b | 13.2x | 7.9x | 0.8x |
| Sun, 26 Sep 2021 | kr133.4b | kr157.3b | kr13.6b | 14.8x | 9.8x | 0.8x |
| Tue, 24 Aug 2021 | kr148.1b | kr157.2b | kr13.6b | 15.6x | 10.9x | 0.9x |
| Wed, 30 Jun 2021 | kr149.7b | kr158.0b | kr13.7b | 13.5x | 10.9x | 0.9x |
| Sat, 03 Apr 2021 | kr151.9b | kr142.4b | kr9.1b | 22.7x | 16.7x | 1.1x |
| Tue, 05 Jan 2021 | kr124.1b | kr136.6b | kr6.5b | 26.1x | 19.2x | 0.9x |
| Fri, 09 Oct 2020 | kr114.7b | kr132.8b | kr3.8b | 16.9x | 30x | 0.9x |
| Thu, 02 Jul 2020 | kr92.4b | kr134.1b | kr3.9b | 11.6x | 23.5x | 0.7x |
| Sun, 05 Apr 2020 | kr78.7b | kr139.8b | kr5.4b | 7.6x | 14.7x | 0.6x |
| Wed, 08 Jan 2020 | kr110.7b | kr140.7b | kr7.3b | 12.1x | 15.1x | 0.8x |
Price to Earnings Ratio
10.7x
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 4.8x which is lower than its 3-year average PE of 14.1x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Materials industry?
| SE Market | 1.81% | |
| Materials | 0.60% | |
| Metals and Mining | 0.50% | |
| Aluminum | 5.03% | |
| Silver | 3.92% | |
| Steel | 1.02% | |
| Copper | 0% | |
| Diversified Metals and Mining | -0.23% | |
| Gold | -3.91% | |
| Precious Metals and Minerals | -7.45% | |
Industry PE
- Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 16.4x.
- Analysts are expecting annual earnings growth of 18.5%, which is lower than the prior year's growth of 27.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Silver industry, expecting annual earnings growth of 59% over the next 5 years.
- In contrast, the Steel industry is expected to see its earnings decline by 52% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALLEI Alleima | kr40.88 | 6.3% +kr609.6m | n/a | PE6.9x | |
| BOL Boliden | kr364.85 | 0.5% +kr492.3m | 19.1% | PE8.1x | |
| SSAB A SSAB | kr58.24 | 0.5% +kr288.4m | 30.7% | PE2.4x | |
| NIO Nordic Iron Ore | kr7.99 | 12.9% +kr33.8m | 88.0% | PB2x | |
| MAHVIE Mahvie Minerals | kr3.47 | 50.9% +kr12.6m | n/a | n/a |