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Swedish (OMX) Steel Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies3
- 7D-7.4%
- 3M-5.4%
- 1Y-34.8%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 7.4%, driven by pullbacks from every company within the industry. Overall the industry is down 35% in 12 months. Earnings are forecast to grow by 4.8% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | SEK 62.1b | SEK 125.9b | SEK 9.3b | 9.7x | 6.7x | 0.5x |
| Tue, 19 Nov 2024 | SEK 69.2b | SEK 125.9b | SEK 9.3b | 10x | 7.5x | 0.5x |
| Thu, 17 Oct 2024 | SEK 64.4b | SEK 131.0b | SEK 11.6b | 9x | 5.5x | 0.5x |
| Sat, 14 Sep 2024 | SEK 63.4b | SEK 131.0b | SEK 11.6b | 9.2x | 5.5x | 0.5x |
| Mon, 12 Aug 2024 | SEK 69.1b | SEK 131.0b | SEK 11.6b | 9.6x | 6x | 0.5x |
| Wed, 10 Jul 2024 | SEK 76.9b | SEK 134.8b | SEK 12.7b | 14.2x | 6.1x | 0.6x |
| Fri, 07 Jun 2024 | SEK 76.2b | SEK 134.8b | SEK 12.7b | 13.2x | 6x | 0.6x |
| Sun, 05 May 2024 | SEK 79.4b | SEK 134.8b | SEK 12.7b | 12.8x | 6.3x | 0.6x |
| Tue, 02 Apr 2024 | SEK 96.9b | SEK 140.2b | SEK 14.6b | 8.8x | 6.6x | 0.7x |
| Thu, 29 Feb 2024 | SEK 99.3b | SEK 140.2b | SEK 14.6b | 8.6x | 6.8x | 0.7x |
| Sat, 27 Jan 2024 | SEK 91.5b | SEK 143.8b | -SEK 17,303,642,000.00 | 10.6x | -5.3x | 0.6x |
| Mon, 25 Dec 2023 | SEK 98.0b | SEK 143.9b | -SEK 17,294,642,000.00 | 12.1x | -5.7x | 0.7x |
| Wed, 22 Nov 2023 | SEK 94.0b | SEK 143.9b | -SEK 17,293,112,000.00 | 11.2x | -5.4x | 0.7x |
| Fri, 20 Oct 2023 | SEK 74.6b | SEK 145.8b | -SEK 16,019,112,000.00 | 11.9x | -4.7x | 0.5x |
| Sun, 17 Sep 2023 | SEK 75.0b | SEK 145.8b | -SEK 16,019,112,000.00 | 10.6x | -4.7x | 0.5x |
| Tue, 15 Aug 2023 | SEK 76.0b | SEK 145.8b | -SEK 16,019,523,000.00 | 8.6x | -4.7x | 0.5x |
| Thu, 13 Jul 2023 | SEK 91.2b | SEK 148.6b | -SEK 11,469,523,000.00 | 6.9x | -8x | 0.6x |
| Sat, 10 Jun 2023 | SEK 90.5b | SEK 148.6b | -SEK 11,469,523,000.00 | 6.9x | -7.9x | 0.6x |
| Mon, 08 May 2023 | SEK 85.1b | SEK 148.6b | -SEK 11,468,474,000.00 | 7.2x | -7.4x | 0.6x |
| Wed, 05 Apr 2023 | SEK 89.6b | SEK 147.2b | -SEK 9,426,474,000.00 | 8.8x | -9.5x | 0.6x |
| Fri, 03 Mar 2023 | SEK 92.5b | SEK 147.2b | -SEK 9,426,474,000.00 | 9.6x | -9.8x | 0.6x |
| Sun, 29 Jan 2023 | SEK 89.6b | SEK 147.2b | -SEK 9,425,601,000.00 | 9.3x | -9.5x | 0.6x |
| Tue, 27 Dec 2022 | SEK 66.5b | SEK 143.1b | SEK 26.0b | 4.4x | 2.6x | 0.5x |
| Thu, 24 Nov 2022 | SEK 69.7b | SEK 143.1b | SEK 26.0b | 4.5x | 2.7x | 0.5x |
| Sat, 22 Oct 2022 | SEK 66.4b | SEK 136.8b | SEK 25.4b | 4.3x | 2.6x | 0.5x |
| Mon, 19 Sep 2022 | SEK 61.9b | SEK 135.8b | SEK 25.9b | 3.7x | 2.4x | 0.5x |
| Wed, 17 Aug 2022 | SEK 52.7b | SEK 119.6b | SEK 24.0b | 2.3x | 2.2x | 0.4x |
| Fri, 15 Jul 2022 | SEK 45.1b | SEK 107.8b | SEK 19.2b | 2.4x | 2.4x | 0.4x |
| Sun, 12 Jun 2022 | SEK 55.2b | SEK 107.8b | SEK 19.2b | 3x | 2.9x | 0.5x |
| Tue, 10 May 2022 | SEK 52.7b | SEK 107.8b | SEK 19.2b | 2.8x | 2.8x | 0.5x |
| Thu, 07 Apr 2022 | SEK 65.5b | SEK 95.9b | SEK 14.7b | 4.6x | 4.5x | 0.7x |
| Sat, 05 Mar 2022 | SEK 57.0b | SEK 95.9b | SEK 14.7b | 4.3x | 3.9x | 0.6x |
| Mon, 31 Jan 2022 | SEK 50.6b | SEK 95.9b | SEK 14.7b | 3.8x | 3.5x | 0.5x |
| Wed, 29 Dec 2021 | SEK 50.2b | SEK 85.5b | SEK 9.5b | 5.8x | 5.3x | 0.6x |
Price to Earnings Ratio
5.3x
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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 14% 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 and as a result, profits have held steady.
Industry Comparison
How does Swedish Steel compare with similar industries?
| SE Market | -2.70% | |
| Materials | -4.51% | |
| Metals and Mining | -6.19% | |
| Steel | -7.41% | |
| Copper | 0% | |
| Aluminum | -2.63% | |
| Diversified Metals and Mining | -5.85% | |
| Silver | -7.33% | |
| Gold | -21.09% | |
| Precious Metals and Minerals | -27.35% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||