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Swedish (OMX) Metals and Mining Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies22
- 7D-0.4%
- 3M-9.4%
- 1Y5.1%
- YTD-11.5%
In the last week, the Metals and Mining industry is flat overall, with Boliden standing out by going down 4.6%. The past year has been better, since the industry has gained 5.1% in that time. Earnings are forecast to grow by 31% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | kr172.1b | kr255.8b | -kr7,484,528,404.00 | 13.4x | -23x | 0.7x |
| Fri, 25 Aug 2023 | kr166.1b | kr255.8b | -kr7,565,231,122.00 | 13x | -22x | 0.6x |
| Sun, 23 Jul 2023 | kr168.4b | kr255.7b | -kr7,567,741,458.00 | 11.6x | -22.3x | 0.7x |
| Tue, 20 Jun 2023 | kr196.9b | kr262.7b | -kr418,828,258.00 | 11.7x | -470.1x | 0.7x |
| Thu, 18 May 2023 | kr193.4b | kr262.6b | -kr337,663,079.00 | 10.9x | -572.7x | 0.7x |
| Sat, 15 Apr 2023 | kr221.1b | kr263.2b | kr3.2b | 10.2x | 69.7x | 0.8x |
| Mon, 13 Mar 2023 | kr219.1b | kr263.1b | kr3.3b | 9.5x | 65.7x | 0.8x |
| Wed, 08 Feb 2023 | kr224.3b | kr257.3b | kr3.3b | 9.1x | 67x | 0.9x |
| Fri, 06 Jan 2023 | kr195.8b | kr252.7b | kr38.8b | 6.4x | 5x | 0.8x |
| Sun, 04 Dec 2022 | kr189.7b | kr252.7b | kr38.8b | 6.6x | 4.9x | 0.8x |
| Tue, 01 Nov 2022 | kr163.9b | kr252.6b | kr38.9b | 6.2x | 4.2x | 0.6x |
| Thu, 29 Sep 2022 | kr163.7b | kr240.0b | kr37.8b | 5.8x | 4.3x | 0.7x |
| Sat, 27 Aug 2022 | kr166.1b | kr223.8b | kr36.0b | 8.3x | 4.6x | 0.7x |
| Mon, 25 Jul 2022 | kr150.6b | kr223.7b | kr36.0b | 14.9x | 4.2x | 0.7x |
| Wed, 22 Jun 2022 | kr161.3b | kr205.7b | kr30.1b | 13.9x | 5.4x | 0.8x |
| Fri, 20 May 2022 | kr177.6b | kr205.7b | kr30.1b | 10.2x | 5.9x | 0.9x |
| Sun, 17 Apr 2022 | kr216.9b | kr186.6b | kr23.8b | 14.1x | 9.1x | 1.2x |
| Tue, 15 Mar 2022 | kr191.1b | kr186.7b | kr23.8b | 11.2x | 8x | 1x |
| Thu, 10 Feb 2022 | kr182.8b | kr184.7b | kr23.7b | 12.8x | 7.7x | 1x |
| Sat, 08 Jan 2022 | kr169.2b | kr172.7b | kr18.7b | 12.6x | 9x | 1x |
| Mon, 06 Dec 2021 | kr144.4b | kr172.7b | kr18.7b | 11.8x | 7.7x | 0.8x |
| Wed, 03 Nov 2021 | kr143.3b | kr172.5b | kr18.6b | 13.5x | 7.7x | 0.8x |
| Fri, 01 Oct 2021 | kr135.7b | kr157.3b | kr13.6b | 15.1x | 10x | 0.9x |
| Sun, 29 Aug 2021 | kr149.4b | kr157.2b | kr13.6b | 16.4x | 11x | 1x |
| Mon, 05 Jul 2021 | kr149.7b | kr158.0b | kr13.7b | 13.5x | 10.9x | 0.9x |
| Thu, 08 Apr 2021 | kr151.9b | kr142.4b | kr9.1b | 22.7x | 16.7x | 1.1x |
| Sun, 10 Jan 2021 | kr124.1b | kr136.6b | kr6.5b | 26.1x | 19.2x | 0.9x |
| Sat, 03 Oct 2020 | kr114.7b | kr132.8b | kr3.8b | 16.9x | 30x | 0.9x |
Price to Earnings Ratio
30x
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 close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- Total earnings for the Metals and Mining industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 24% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Materials industry?
| SE Market | -2.15% | |
| Materials | -0.94% | |
| Metals and Mining | -0.38% | |
| Precious Metals and Minerals | 10.63% | |
| Steel | 0.65% | |
| Gold | 0.21% | |
| Copper | 0% | |
| Diversified Metals and Mining | -0.81% | |
| Silver | -3.61% | |
| Aluminum | -3.62% | |
Industry PE
- Investors are most optimistic about the Aluminum industry even though it's trading below its 3-year average PE ratio of 17.1x.
- Analysts are expecting annual earnings growth of 22.3%, which is higher than its past year's earnings decline of 23.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 58% over the next 5 years.
- This is better than its past earnings decline of 32% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 7.7% 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 | |
|---|---|---|---|---|---|
| SSAB A SSAB | kr59.86 | 0.1% +kr61.8m | 18.5% | PS0.5x | |
| BOTX Botnia Exploration Holding | kr9.20 | 9.3% +kr30.9m | -18.6% | PS548.3x | |
| BLUE Bluelake Mineral | kr1.70 | 25.8% +kr26.2m | -32.1% | PB4.4x | |
| PROF B ProfilGruppen | kr99.50 | 0.5% +kr3.7m | 13.3% | PE12.9x | |
| LOVI Lovisagruvan | kr35.20 | 2.9% +kr3.4m | 22.2% | PE13.4x |