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Swedish (OMX) Steel Industry Analysis
UpdatedApr 22, 2026
DataAggregated Company Financials
Companies3
- 7D4.8%
- 3M10.5%
- 1Y38.7%
- YTDn/a
The Steel industry is up 4.8% in the last week, with SSAB up 4.3%. Meanwhile, Grangex actually underperformed within the industry, shrinking 9.9% in the last week. In the last 12 months, the industry was up 39%. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Swedish Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Apr 2026 | SEK 106.0b | SEK 114.9b | SEK 5.6b | 24.9x | 19.1x | 0.9x |
| Sat, 21 Mar 2026 | SEK 85.7b | SEK 114.9b | SEK 5.6b | 20.4x | 15.4x | 0.7x |
| Mon, 16 Feb 2026 | SEK 95.2b | SEK 114.9b | SEK 5.6b | 22.6x | 17.2x | 0.8x |
| Wed, 14 Jan 2026 | SEK 100.2b | SEK 117.0b | SEK 5.9b | 19x | 17x | 0.9x |
| Fri, 12 Dec 2025 | SEK 90.8b | SEK 117.0b | SEK 5.9b | 17.6x | 15.4x | 0.8x |
| Sun, 09 Nov 2025 | SEK 79.6b | SEK 117.0b | SEK 5.9b | 16.2x | 13.5x | 0.7x |
| Tue, 07 Oct 2025 | SEK 82.5b | SEK 118.6b | SEK 5.6b | 15.4x | 14.7x | 0.7x |
| Thu, 04 Sep 2025 | SEK 69.8b | SEK 118.6b | SEK 5.6b | 13.6x | 12.4x | 0.6x |
| Sat, 02 Aug 2025 | SEK 72.6b | SEK 118.6b | SEK 5.6b | 13.8x | 12.9x | 0.6x |
| Mon, 30 Jun 2025 | SEK 75.6b | SEK 121.9b | SEK 6.6b | 11.8x | 11.4x | 0.6x |
| Wed, 28 May 2025 | SEK 78.6b | SEK 121.9b | SEK 6.6b | 12.2x | 11.9x | 0.6x |
| Fri, 25 Apr 2025 | SEK 79.2b | SEK 123.5b | SEK 8.1b | 10.8x | 9.8x | 0.6x |
| Sun, 23 Mar 2025 | SEK 92.2b | SEK 123.1b | SEK 7.7b | 14.5x | 11.9x | 0.7x |
| Tue, 18 Feb 2025 | SEK 87.6b | SEK 123.1b | SEK 7.7b | 14.8x | 11.3x | 0.7x |
| Thu, 16 Jan 2025 | SEK 64.4b | SEK 125.9b | SEK 9.3b | 10.5x | 7x | 0.5x |
| Sat, 14 Dec 2024 | SEK 67.2b | SEK 125.9b | SEK 9.3b | 10.4x | 7.3x | 0.5x |
| Mon, 11 Nov 2024 | SEK 73.4b | SEK 125.9b | SEK 9.3b | 10.3x | 7.9x | 0.6x |
| Wed, 09 Oct 2024 | SEK 67.2b | SEK 131.0b | SEK 11.6b | 9.5x | 5.8x | 0.5x |
| Fri, 06 Sep 2024 | SEK 63.4b | SEK 131.0b | SEK 11.6b | 9.4x | 5.5x | 0.5x |
| Sun, 04 Aug 2024 | SEK 69.4b | SEK 131.0b | SEK 11.6b | 9.7x | 6x | 0.5x |
| Tue, 02 Jul 2024 | SEK 75.4b | SEK 134.8b | SEK 12.7b | 13.5x | 5.9x | 0.6x |
| Thu, 30 May 2024 | SEK 78.2b | SEK 134.8b | SEK 12.7b | 13.5x | 6.2x | 0.6x |
| Sat, 27 Apr 2024 | SEK 79.0b | SEK 134.8b | SEK 12.7b | 13.2x | 6.2x | 0.6x |
| Mon, 25 Mar 2024 | SEK 99.4b | SEK 140.2b | SEK 14.6b | 8.9x | 6.8x | 0.7x |
| Wed, 21 Feb 2024 | SEK 100.2b | SEK 140.2b | SEK 14.6b | 8.7x | 6.9x | 0.7x |
| Fri, 19 Jan 2024 | SEK 91.0b | SEK 143.9b | -SEK 17,294,642,000.00 | 11.2x | -5.3x | 0.6x |
| Sun, 17 Dec 2023 | SEK 96.6b | SEK 143.9b | -SEK 17,294,642,000.00 | 12.1x | -5.6x | 0.7x |
| Tue, 14 Nov 2023 | SEK 88.3b | SEK 143.9b | -SEK 17,293,112,000.00 | 10.5x | -5.1x | 0.6x |
| Thu, 12 Oct 2023 | SEK 79.1b | SEK 145.8b | -SEK 16,019,112,000.00 | 11.9x | -4.9x | 0.5x |
| Sat, 09 Sep 2023 | SEK 75.0b | SEK 145.8b | -SEK 16,019,112,000.00 | 10x | -4.7x | 0.5x |
| Mon, 07 Aug 2023 | SEK 76.5b | SEK 145.8b | -SEK 16,019,523,000.00 | 8.5x | -4.8x | 0.5x |
| Wed, 05 Jul 2023 | SEK 90.5b | SEK 148.6b | -SEK 11,469,523,000.00 | 7.1x | -7.9x | 0.6x |
| Fri, 02 Jun 2023 | SEK 83.9b | SEK 148.6b | -SEK 11,469,523,000.00 | 6.5x | -7.3x | 0.6x |
| Sun, 30 Apr 2023 | SEK 85.7b | SEK 148.6b | -SEK 11,468,474,000.00 | 7.6x | -7.5x | 0.6x |
Price to Earnings Ratio
-7.5x
Current Industry PE
- There are only 3 companies in the Swedish Steel industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 8.2% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Swedish Steel compare with similar industries?
| SE Market | 1.01% | |
| Materials | 0.49% | |
| Metals and Mining | 0.66% | |
| Steel | 4.83% | |
| Silver | 0.25% | |
| Gold | 0% | 0 |
| Aluminum | -0.98% | |
| Diversified Metals and Mining | -1.74% | |
| Precious Metals and Minerals | -14.75% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 | SEK 85.20 | 5.3% +SEK 4.2b | 43.4% | PE17.3x | |
| ALLEI Alleima | SEK 86.85 | 5.9% +SEK 1.2b | 15.2% | PE32.4x |