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Swedish (OMX) Metals and Mining Industry Analysis
UpdatedNov 06, 2025
DataAggregated Company Financials
Companies18
- 7D-4.6%
- 3M18.7%
- 1Y16.5%
- YTD24.0%
Over the last 7 days, the Metals and Mining industry has dropped 4.6%, driven by Boliden declining 4.8%. Meanwhile, Lappland Guldprospektering actually outperformed within the industry, gaining 37% in the last week. Over the past 12 months, the industry was up 16%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 06 Nov 2025 | SEK 215.1b | SEK 239.3b | SEK 14.9b | 14.5x | 14.5x | 0.9x |
| Sat, 04 Oct 2025 | SEK 212.9b | SEK 240.0b | SEK 14.6b | 14x | 14.5x | 0.9x |
| Mon, 01 Sep 2025 | SEK 184.4b | SEK 240.0b | SEK 14.6b | 12.2x | 12.7x | 0.8x |
| Wed, 30 Jul 2025 | SEK 168.1b | SEK 239.9b | SEK 14.6b | 14.2x | 11.5x | 0.7x |
| Fri, 27 Jun 2025 | SEK 176.0b | SEK 242.7b | SEK 18.7b | 12.4x | 9.4x | 0.7x |
| Sun, 25 May 2025 | SEK 181.6b | SEK 242.7b | SEK 18.7b | 12.5x | 9.7x | 0.7x |
| Tue, 22 Apr 2025 | SEK 171.1b | SEK 239.4b | SEK 18.8b | 12.1x | 9.1x | 0.7x |
| Thu, 20 Mar 2025 | SEK 212.7b | SEK 239.4b | SEK 18.8b | 13.2x | 11.3x | 0.9x |
| Sat, 15 Feb 2025 | SEK 209.6b | SEK 239.4b | SEK 18.8b | 16.4x | 11.1x | 0.9x |
| Mon, 13 Jan 2025 | SEK 168.3b | SEK 235.9b | SEK 18.9b | 14.3x | 8.9x | 0.7x |
| Wed, 11 Dec 2024 | SEK 180.7b | SEK 235.9b | SEK 18.9b | 14.5x | 9.6x | 0.8x |
| Fri, 08 Nov 2024 | SEK 188.8b | SEK 235.9b | SEK 18.8b | 13.6x | 10x | 0.8x |
| Sun, 06 Oct 2024 | SEK 182.1b | SEK 239.0b | SEK 20.4b | 11x | 8.9x | 0.8x |
| Tue, 03 Sep 2024 | SEK 171.1b | SEK 239.0b | SEK 20.3b | 10.8x | 8.4x | 0.7x |
| Thu, 01 Aug 2024 | SEK 182.2b | SEK 238.9b | SEK 20.3b | 11.5x | 9x | 0.8x |
| Sat, 29 Jun 2024 | SEK 187.5b | SEK 238.3b | SEK 18.3b | 12.3x | 10.2x | 0.8x |
| Mon, 27 May 2024 | SEK 198.5b | SEK 238.3b | SEK 18.4b | 13x | 10.8x | 0.8x |
| Wed, 24 Apr 2024 | SEK 192.7b | SEK 243.8b | SEK 19.5b | 13.3x | 9.9x | 0.8x |
| Fri, 22 Mar 2024 | SEK 197.7b | SEK 245.9b | SEK 21.7b | 11.8x | 9.1x | 0.8x |
| Sun, 18 Feb 2024 | SEK 193.9b | SEK 246.0b | SEK 21.4b | 12.5x | 9x | 0.8x |
| Tue, 16 Jan 2024 | SEK 189.7b | SEK 253.1b | -SEK 9,787,222,910.00 | 12.3x | -19.4x | 0.7x |
| Thu, 14 Dec 2023 | SEK 193.0b | SEK 253.1b | -SEK 9,789,876,998.00 | 12.6x | -19.7x | 0.8x |
| Sat, 11 Nov 2023 | SEK 180.7b | SEK 253.3b | -SEK 9,871,341,835.00 | 13.4x | -18.3x | 0.7x |
| Mon, 09 Oct 2023 | SEK 175.1b | SEK 255.8b | -SEK 7,482,583,841.00 | 12.4x | -23.4x | 0.7x |
| Wed, 06 Sep 2023 | SEK 174.7b | SEK 255.9b | -SEK 7,486,659,831.00 | 13.3x | -23.3x | 0.7x |
| Fri, 04 Aug 2023 | SEK 175.0b | SEK 255.8b | -SEK 7,558,668,930.00 | 13.7x | -23.2x | 0.7x |
| Sun, 02 Jul 2023 | SEK 191.8b | SEK 262.7b | -SEK 418,036,689.00 | 11.1x | -458.9x | 0.7x |
| Tue, 30 May 2023 | SEK 190.7b | SEK 262.7b | -SEK 415,009,785.00 | 11.5x | -459.5x | 0.7x |
| Thu, 27 Apr 2023 | SEK 197.0b | SEK 261.3b | SEK 1.7b | 11x | 114.3x | 0.8x |
| Sat, 25 Mar 2023 | SEK 203.5b | SEK 263.2b | SEK 3.2b | 9.8x | 64.2x | 0.8x |
| Mon, 20 Feb 2023 | SEK 225.1b | SEK 263.1b | SEK 3.3b | 9.2x | 67.5x | 0.9x |
| Wed, 18 Jan 2023 | SEK 214.0b | SEK 252.8b | SEK 38.8b | 6.6x | 5.5x | 0.8x |
| Fri, 16 Dec 2022 | SEK 188.1b | SEK 252.7b | SEK 38.8b | 6.1x | 4.8x | 0.7x |
| Sun, 13 Nov 2022 | SEK 190.0b | SEK 252.6b | SEK 38.9b | 6.4x | 4.9x | 0.8x |
Price to Earnings Ratio
4.9x
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 14.5x which is higher than its 3-year average PE of -31.5x.
- 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 27% 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 Market | -1.66% | |
| Materials | -2.62% | |
| Metals and Mining | -4.61% | |
| Precious Metals and Minerals | 11.11% | |
| Gold | 0% | 0 |
| Aluminum | -1.39% | |
| Silver | -2.59% | |
| Steel | -3.42% | |
| Diversified Metals and Mining | -5.79% | |
Industry PE
- Investors are most optimistic about the Aluminum industry which is trading above its 3-year average PE ratio of 13.2x.
- Analysts are expecting annual earnings growth of 20.0%, which is higher than its past year's earnings decline of 3.3% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PROF B ProfilGruppen | SEK 122.50 | 2.9% +SEK 25.9m | 15.6% | PE10.4x | |
| LGOLD B Lappland Guldprospektering | SEK 192.20 | 13.5% +SEK 25.4m | 168.4% | PB10.3x | |
| ALONNR B Archelon Natural Resources | SEK 1.13 | 37.1% +SEK 9.0m | 48.7% | n/a | |
| ARCT Arctic Minerals | SEK 5.10 | 3.7% +SEK 8.4m | 61.9% | PS634.4x | |
| NIO Nordic Iron Ore | SEK 5.42 | 2.3% +SEK 8.1m | 8.8% | PB1.4x |
