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Swedish (OMX) Steel Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies3
  • 7D0.6%
  • 3M36.4%
  • 1Y53.6%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but Alleima has stood out, gaining 6.2%. As for the the longer term, the industry is up 54% over the past 12 months. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jun 2026SEK 121.4bSEK 114.1bSEK 5.9b29.8x20.4x1.1x
Mon, 11 May 2026SEK 106.3bSEK 114.1bSEK 5.9b26.4x17.9x0.9x
Wed, 08 Apr 2026SEK 93.0bSEK 114.9bSEK 5.6b21.5x16.7x0.8x
Fri, 06 Mar 2026SEK 94.2bSEK 114.9bSEK 5.6b22.2x17x0.8x
Sun, 01 Feb 2026SEK 93.3bSEK 114.9bSEK 5.6b22x16.8x0.8x
Tue, 30 Dec 2025SEK 90.1bSEK 117.0bSEK 5.9b17.5x15.3x0.8x
Thu, 27 Nov 2025SEK 87.6bSEK 117.0bSEK 5.9b17.4x14.8x0.7x
Sat, 25 Oct 2025SEK 80.9bSEK 117.0bSEK 5.9b16.8x13.7x0.7x
Mon, 22 Sep 2025SEK 70.9bSEK 118.6bSEK 5.6b13.8x12.6x0.6x
Wed, 20 Aug 2025SEK 74.6bSEK 118.6bSEK 5.6b14.1x13.3x0.6x
Fri, 18 Jul 2025SEK 82.3bSEK 121.9bSEK 6.6b12.7x12.4x0.7x
Sun, 15 Jun 2025SEK 77.8bSEK 121.9bSEK 6.6b12.2x11.7x0.6x
Tue, 13 May 2025SEK 80.1bSEK 121.9bSEK 6.6b12.2x12.1x0.7x
Thu, 10 Apr 2025SEK 70.3bSEK 123.1bSEK 7.7b11.2x9.1x0.6x
Sat, 08 Mar 2025SEK 89.3bSEK 123.1bSEK 7.7b14.4x11.6x0.7x
Mon, 03 Feb 2025SEK 76.0bSEK 123.1bSEK 7.7b13.5x9.8x0.6x
Wed, 01 Jan 2025SEK 63.2bSEK 125.9bSEK 9.3b9.9x6.8x0.5x
Fri, 29 Nov 2024SEK 69.3bSEK 125.9bSEK 9.3b10.3x7.5x0.6x
Sun, 27 Oct 2024SEK 66.6bSEK 125.9bSEK 9.3b9.3x7.2x0.5x
Tue, 24 Sep 2024SEK 65.0bSEK 131.0bSEK 11.6b9.3x5.6x0.5x
Thu, 22 Aug 2024SEK 68.2bSEK 131.0bSEK 11.6b9.7x5.9x0.5x
Sat, 20 Jul 2024SEK 75.6bSEK 134.8bSEK 12.7b13.9x5.9x0.6x
Mon, 17 Jun 2024SEK 73.4bSEK 134.8bSEK 12.7b12.8x5.8x0.5x
Wed, 15 May 2024SEK 80.4bSEK 134.8bSEK 12.7b12.9x6.3x0.6x
Fri, 12 Apr 2024SEK 85.8bSEK 140.2bSEK 14.6b8.4x5.9x0.6x
Sun, 10 Mar 2024SEK 91.1bSEK 140.2bSEK 14.6b8.4x6.2x0.7x
Tue, 06 Feb 2024SEK 95.4bSEK 140.2bSEK 14.6b8.3x6.5x0.7x
Thu, 04 Jan 2024SEK 95.6bSEK 143.9b-SEK 17,294,642,000.0011.4x-5.5x0.7x
Sat, 02 Dec 2023SEK 101.4bSEK 143.9b-SEK 17,294,642,000.0012.3x-5.9x0.7x
Mon, 30 Oct 2023SEK 82.7bSEK 143.9b-SEK 17,293,112,000.0010.5x-4.8x0.6x
Wed, 27 Sep 2023SEK 74.0bSEK 145.8b-SEK 16,019,112,000.0010.6x-4.6x0.5x
Fri, 25 Aug 2023SEK 72.6bSEK 145.8b-SEK 16,019,523,000.008.6x-4.5x0.5x
Sun, 23 Jul 2023SEK 76.9bSEK 145.8b-SEK 16,019,523,000.008.6x-4.8x0.5x
Tue, 20 Jun 2023SEK 92.1bSEK 148.6b-SEK 11,469,523,000.007.1x-8x0.6x
Price to Earnings Ratio

-8x


Total Market Cap: SEK 92.1bTotal Earnings: -SEK 11,469,523,000.00Total Revenue: SEK 148.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Steel Industry Price to Earnings3Y Average 7.4x202420252026
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 8.4% 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-2.06%
Materials-4.69%
Metals and Mining-5.22%
Steel0.60%
Gold0%0
Aluminum-3.48%
Diversified Metals and Mining-9.55%
Silver-14.56%
Precious Metals and Minerals-27.36%
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 100.903.6%
+SEK 3.5b
74.4%PE18.7x
ALLEI AlleimaSEK 98.0011.2%
+SEK 2.5b
20.2%PE43.2x
GRANGX GrangexSEK 51.705.1%
+SEK 35.2m
234.0%PS35.7x
NIO Nordic Iron OreSEK 4.160.2%
+SEK 679.2k
20.6%PB1.1x

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