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Swedish (OMX) Steel Industry Analysis

UpdatedJul 11, 2025
DataAggregated Company Financials
Companies3
  • 7D6.8%
  • 3M11.9%
  • 1Y5.7%
  • YTDn/a

The Steel industry is up 1.6% in the last week, with SSAB up 1.7%. In the same time, Nordic Iron Ore was down 9.4%. In the last 12 months, the industry was up 3.6%. Looking forward, earnings are forecast to grow by 8.4% annually.

Industry Valuation and Performance

Has the Swedish Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 12 Jul 2025SEK 81.6bSEK 121.9bSEK 6.6b12.6x12.3x0.7x
Mon, 09 Jun 2025SEK 79.9bSEK 121.9bSEK 6.6b12.3x12.1x0.7x
Wed, 07 May 2025SEK 80.6bSEK 121.9bSEK 6.6b12.1x12.2x0.7x
Fri, 04 Apr 2025SEK 77.8bSEK 123.1bSEK 7.7b12.5x10.1x0.6x
Sun, 02 Mar 2025SEK 88.4bSEK 123.1bSEK 7.7b14.6x11.4x0.7x
Tue, 28 Jan 2025SEK 69.6bSEK 126.0bSEK 9.1b12.4x7.6x0.6x
Thu, 26 Dec 2024SEK 62.3bSEK 125.9bSEK 9.3b9.8x6.7x0.5x
Sat, 23 Nov 2024SEK 68.4bSEK 125.9bSEK 9.3b9.9x7.4x0.5x
Mon, 21 Oct 2024SEK 65.6bSEK 131.0bSEK 11.6b9.2x5.6x0.5x
Wed, 18 Sep 2024SEK 63.5bSEK 131.0bSEK 11.6b9.2x5.5x0.5x
Fri, 16 Aug 2024SEK 67.9bSEK 131.0bSEK 11.6b9.6x5.8x0.5x
Sun, 14 Jul 2024SEK 79.5bSEK 134.8bSEK 12.7b14.5x6.3x0.6x
Tue, 11 Jun 2024SEK 76.2bSEK 134.8bSEK 12.7b13.4x6x0.6x
Thu, 09 May 2024SEK 78.6bSEK 134.8bSEK 12.7b12.6x6.2x0.6x
Sat, 06 Apr 2024SEK 89.0bSEK 140.2bSEK 14.6b8.3x6.1x0.6x
Mon, 04 Mar 2024SEK 96.9bSEK 140.2bSEK 14.6b8.5x6.6x0.7x
Wed, 31 Jan 2024SEK 93.6bSEK 143.8b-SEK 17,303,642,000.0010.6x-5.4x0.7x
Fri, 29 Dec 2023SEK 97.8bSEK 143.9b-SEK 17,294,642,000.0012x-5.7x0.7x
Sun, 26 Nov 2023SEK 96.0bSEK 143.9b-SEK 17,294,642,000.0011.6x-5.6x0.7x
Tue, 24 Oct 2023SEK 70.6bSEK 145.8b-SEK 16,019,112,000.0011.5x-4.4x0.5x
Thu, 21 Sep 2023SEK 75.0bSEK 145.8b-SEK 16,019,112,000.0010.9x-4.7x0.5x
Sat, 19 Aug 2023SEK 74.4bSEK 145.8b-SEK 16,019,523,000.008.7x-4.6x0.5x
Mon, 17 Jul 2023SEK 90.2bSEK 148.6b-SEK 11,469,523,000.006.8x-7.9x0.6x
Wed, 14 Jun 2023SEK 91.7bSEK 148.6b-SEK 11,469,523,000.006.8x-8x0.6x
Fri, 12 May 2023SEK 80.6bSEK 148.6b-SEK 11,468,474,000.007.1x-7x0.5x
Sun, 09 Apr 2023SEK 86.9bSEK 147.2b-SEK 9,426,474,000.008.4x-9.2x0.6x
Tue, 07 Mar 2023SEK 95.0bSEK 147.2b-SEK 9,426,474,000.009.8x-10.1x0.6x
Thu, 02 Feb 2023SEK 87.0bSEK 147.2b-SEK 9,425,601,000.008.9x-9.2x0.6x
Sat, 31 Dec 2022SEK 67.4bSEK 143.1bSEK 26.0b4.4x2.6x0.5x
Mon, 28 Nov 2022SEK 69.7bSEK 143.1bSEK 26.0b4.7x2.7x0.5x
Wed, 26 Oct 2022SEK 66.1bSEK 136.8bSEK 25.4b4.3x2.6x0.5x
Fri, 23 Sep 2022SEK 60.4bSEK 135.8bSEK 25.9b3.6x2.3x0.4x
Sun, 21 Aug 2022SEK 50.3bSEK 119.6bSEK 24.0b2.2x2.1x0.4x
Tue, 19 Jul 2022SEK 46.0bSEK 107.8bSEK 19.2b2.5x2.4x0.4x
Price to Earnings Ratio

2.4x


Total Market Cap: SEK 46.0bTotal Earnings: SEK 19.2bTotal Revenue: SEK 107.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Steel Industry Price to Earnings3Y Average 2x202320242025
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
  • The earnings for companies in the Steel industry have declined 30% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.2% 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 Comparison

How does Swedish Steel compare with similar industries?

SE Market1.77%
Materials1.87%
Metals and Mining3.14%
Steel6.75%
Precious Metals and Minerals7.17%
Aluminum2.73%
Diversified Metals and Mining0.17%
Gold0%0
Silver-1.45%
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?

CompanyLast Price7D1YValuation
SSAB A SSABSEK 61.907.9%
+SEK 4.5b		1.9%PE12.2x
ALLEI AlleimaSEK 80.504.6%
+SEK 888.1m		4.2%PE12.9x
NIO Nordic Iron OreSEK 3.276.9%
+SEK 14.3m		-34.6%PB0.8x

Latest News

SSAB A
SEK 61.90
SSAB
7D
7.9%
1Y
1.9%

We Think SSAB (STO:SSAB A) Can Stay On Top Of Its Debt

Jul 03
We Think SSAB (STO:SSAB A) Can Stay On Top Of Its Debt
NIO
SEK 3.27
Nordic Iron Ore
7D
6.9%
1Y
-34.6%
ALLEI
SEK 80.50
Alleima
7D
4.6%
1Y
4.2%