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Swedish (OMX) Metals and Mining Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies18
  • 7D-2.8%
  • 3M37.6%
  • 1Y54.7%
  • YTD12.2%

Over the last 7 days, the Metals and Mining industry has dropped 2.8%, and Alleima contributed the most with a 10% decline. On the other hand Eurobattery Minerals is actually up 11%. In the past year, the industry has gained 55%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026SEK 299.3bSEK 238.2bSEK 14.5b15.5x20.6x1.3x
Thu, 01 Jan 2026SEK 258.4bSEK 239.2bSEK 14.8b16.4x17.4x1.1x
Sat, 29 Nov 2025SEK 234.9bSEK 239.2bSEK 14.8b15.5x15.8x1x
Mon, 27 Oct 2025SEK 219.5bSEK 239.3bSEK 14.9b14.8x14.8x0.9x
Wed, 24 Sep 2025SEK 190.2bSEK 240.0bSEK 14.6b12.5x13x0.8x
Fri, 22 Aug 2025SEK 182.6bSEK 240.0bSEK 14.6b13.6x12.5x0.8x
Sun, 20 Jul 2025SEK 181.8bSEK 242.6bSEK 15.2b13.5x12x0.7x
Tue, 17 Jun 2025SEK 179.8bSEK 242.7bSEK 18.7b12.8x9.6x0.7x
Thu, 15 May 2025SEK 186.8bSEK 242.7bSEK 18.7b12.7x10x0.8x
Sat, 12 Apr 2025SEK 168.6bSEK 239.4bSEK 18.8b11.8x9x0.7x
Mon, 10 Mar 2025SEK 212.8bSEK 239.4bSEK 18.8b13.1x11.3x0.9x
Wed, 05 Feb 2025SEK 186.7bSEK 234.3bSEK 17.4b14.3x10.7x0.8x
Fri, 03 Jan 2025SEK 169.0bSEK 235.9bSEK 18.9b14.3x8.9x0.7x
Sun, 01 Dec 2024SEK 175.9bSEK 235.9bSEK 18.8b14x9.3x0.7x
Tue, 29 Oct 2024SEK 177.6bSEK 235.9bSEK 18.8b12.4x9.4x0.8x
Thu, 26 Sep 2024SEK 173.8bSEK 239.0bSEK 20.3b10.8x8.5x0.7x
Sat, 24 Aug 2024SEK 172.6bSEK 238.8bSEK 20.3b11x8.5x0.7x
Mon, 22 Jul 2024SEK 180.6bSEK 242.4bSEK 21.9b12.4x8.3x0.7x
Wed, 19 Jun 2024SEK 187.1bSEK 238.3bSEK 18.4b12.4x10.2x0.8x
Fri, 17 May 2024SEK 199.7bSEK 238.4bSEK 18.4b13.6x10.9x0.8x
Sun, 14 Apr 2024SEK 200.7bSEK 245.9bSEK 21.7b12.9x9.3x0.8x
Tue, 12 Mar 2024SEK 181.6bSEK 246.0bSEK 21.5b10.9x8.5x0.7x
Thu, 08 Feb 2024SEK 184.4bSEK 248.8bSEK 22.3b11.3x8.3x0.7x
Sat, 06 Jan 2024SEK 196.4bSEK 253.1b-SEK 9,785,558,552.0012.8x-20.1x0.8x
Mon, 04 Dec 2023SEK 198.9bSEK 253.1b-SEK 9,764,174,771.0012.6x-20.4x0.8x
Wed, 01 Nov 2023SEK 179.2bSEK 253.3b-SEK 9,877,538,710.0013.2x-18.1x0.7x
Fri, 29 Sep 2023SEK 175.4bSEK 255.8b-SEK 7,481,269,710.0013x-23.4x0.7x
Sun, 27 Aug 2023SEK 166.8bSEK 255.8b-SEK 7,492,249,350.0012.9x-22.3x0.7x
Tue, 25 Jul 2023SEK 171.5bSEK 255.7b-SEK 7,568,491,623.0011.6x-22.7x0.7x
Thu, 22 Jun 2023SEK 192.9bSEK 262.7b-SEK 419,836,224.0011.7x-459.6x0.7x
Sat, 20 May 2023SEK 194.2bSEK 262.6b-SEK 339,248,514.0011x-572.4x0.7x
Mon, 17 Apr 2023SEK 221.2bSEK 263.2bSEK 3.2b10.2x69.7x0.8x
Wed, 15 Mar 2023SEK 217.6bSEK 263.1bSEK 3.3b9.9x65.2x0.8x
Fri, 10 Feb 2023SEK 220.0bSEK 257.3bSEK 3.4b9.3x65.7x0.9x
Price to Earnings Ratio

65.7x


Total Market Cap: SEK 220.0bTotal Earnings: SEK 3.4bTotal Revenue: SEK 257.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Metals and Mining Industry Price to Earnings3Y Average -30.9x202420252026
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 20.6x which is higher than its 3-year average PE of -30.9x.
  • The 3-year average PS ratio of 0.79x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 63% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.5% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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

SE Market0.21%
Materials-4.57%
Metals and Mining-2.78%
Gold0%0
Diversified Metals and Mining-1.44%
Aluminum-3.38%
Steel-4.44%
Precious Metals and Minerals-10.78%
Silver-28.24%
Industry PE
  • Investors are most optimistic about the Diversified Metals and Mining industry which is trading above its 3-year average PE ratio of 12.4x.
    • Analysts are expecting annual earnings growth of 25.4%, 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 43% over the next 5 years.
  • In contrast, the Steel industry is expected to see its earnings grow by 13% 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
BAT Eurobattery MineralsSEK 0.1510.7%
+SEK 13.0m		146.0%PS153.1x

Latest News

BOL
SEK 627.60
Boliden
7D
-1.1%
1Y
89.8%
GRNG
SEK 147.40
Gränges
7D
-3.3%
1Y
6.8%

Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK1.70

Feb 02
Gränges (STO:GRNG) Will Pay A Larger Dividend Than Last Year At SEK1.70
ALLEI
SEK 79.00
Alleima
7D
-10.1%
1Y
-12.9%

Alleima's (STO:ALLEI) Dividend Will Be Increased To SEK2.50

Jan 31
Alleima's (STO:ALLEI) Dividend Will Be Increased To SEK2.50
SSAB A
SEK 76.16
SSAB
7D
-2.8%
1Y
38.4%

SSAB (STO:SSAB A) Has Announced That Its Dividend Will Be Reduced To SEK2.00

Jan 31
SSAB (STO:SSAB A) Has Announced That Its Dividend Will Be Reduced To SEK2.00
VISC
SEK 19.80
Gruvaktiebolaget Viscaria
7D
-10.0%
1Y
0.4%

Gruvaktiebolaget Viscaria (STO:VISC) Looks Just Right With A 41% Price Jump

Jan 20
Gruvaktiebolaget Viscaria (STO:VISC) Looks Just Right With A 41% Price Jump
ARCT
SEK 9.65
Arctic Minerals
7D
-18.9%
1Y
327.0%
SOSI
SEK 5.26
Sotkamo Silver
7D
-28.2%
1Y
371.3%

Rainbows and Unicorns: The Sotkamo Silver AB (NGM:SOSI) Analyst Just Became A Lot More Optimistic

Jan 15
Rainbows and Unicorns: The Sotkamo Silver AB (NGM:SOSI) Analyst Just Became A Lot More Optimistic
BAT
SEK 0.15
Eurobattery Minerals
7D
10.7%
1Y
146.0%
GRANGX
SEK 50.90
Grangex
7D
-14.9%
1Y
359.4%