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Swedish (OMX) Steel Industry Analysis

UpdatedApr 25, 2025
DataAggregated Company Financials
Companies3
  • 7D4.7%
  • 3M12.9%
  • 1Y1.4%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 4.7%, driven by gains in SSAB and Alleima of 3.2% and 9.6%, respectively. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 6.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 25 Apr 2025SEK 79.2bSEK 123.5bSEK 8.1b10.8x9.8x0.6x
Sun, 23 Mar 2025SEK 92.2bSEK 123.1bSEK 7.7b14.5x11.9x0.7x
Tue, 18 Feb 2025SEK 87.6bSEK 123.1bSEK 7.7b14.8x11.3x0.7x
Thu, 16 Jan 2025SEK 64.4bSEK 125.9bSEK 9.3b10.5x7x0.5x
Sat, 14 Dec 2024SEK 67.2bSEK 125.9bSEK 9.3b10.4x7.3x0.5x
Mon, 11 Nov 2024SEK 73.4bSEK 125.9bSEK 9.3b10.3x7.9x0.6x
Wed, 09 Oct 2024SEK 67.2bSEK 131.0bSEK 11.6b9.5x5.8x0.5x
Fri, 06 Sep 2024SEK 63.4bSEK 131.0bSEK 11.6b9.4x5.5x0.5x
Sun, 04 Aug 2024SEK 69.4bSEK 131.0bSEK 11.6b9.7x6x0.5x
Tue, 02 Jul 2024SEK 75.4bSEK 134.8bSEK 12.7b13.5x5.9x0.6x
Thu, 30 May 2024SEK 78.2bSEK 134.8bSEK 12.7b13.5x6.2x0.6x
Sat, 27 Apr 2024SEK 79.0bSEK 134.8bSEK 12.7b13.2x6.2x0.6x
Mon, 25 Mar 2024SEK 99.4bSEK 140.2bSEK 14.6b8.9x6.8x0.7x
Wed, 21 Feb 2024SEK 100.2bSEK 140.2bSEK 14.6b8.7x6.9x0.7x
Fri, 19 Jan 2024SEK 91.0bSEK 143.9b-SEK 17,294,642,000.0011.2x-5.3x0.6x
Sun, 17 Dec 2023SEK 96.6bSEK 143.9b-SEK 17,294,642,000.0012.1x-5.6x0.7x
Tue, 14 Nov 2023SEK 88.3bSEK 143.9b-SEK 17,293,112,000.0010.5x-5.1x0.6x
Thu, 12 Oct 2023SEK 79.1bSEK 145.8b-SEK 16,019,112,000.0011.9x-4.9x0.5x
Sat, 09 Sep 2023SEK 75.0bSEK 145.8b-SEK 16,019,112,000.0010x-4.7x0.5x
Mon, 07 Aug 2023SEK 76.5bSEK 145.8b-SEK 16,019,523,000.008.5x-4.8x0.5x
Wed, 05 Jul 2023SEK 90.5bSEK 148.6b-SEK 11,469,523,000.007.1x-7.9x0.6x
Fri, 02 Jun 2023SEK 83.9bSEK 148.6b-SEK 11,469,523,000.006.5x-7.3x0.6x
Sun, 30 Apr 2023SEK 85.7bSEK 148.6b-SEK 11,468,474,000.007.6x-7.5x0.6x
Tue, 28 Mar 2023SEK 82.6bSEK 147.2b-SEK 9,426,474,000.008.2x-8.8x0.6x
Thu, 23 Feb 2023SEK 88.2bSEK 147.2b-SEK 9,425,601,000.009.2x-9.4x0.6x
Sat, 21 Jan 2023SEK 77.0bSEK 143.1bSEK 26.0b5x3x0.5x
Mon, 19 Dec 2022SEK 65.5bSEK 143.1bSEK 26.0b4.3x2.5x0.5x
Wed, 16 Nov 2022SEK 68.3bSEK 143.1bSEK 26.0b4.5x2.6x0.5x
Fri, 14 Oct 2022SEK 64.8bSEK 135.8bSEK 25.9b3.8x2.5x0.5x
Sun, 11 Sep 2022SEK 62.7bSEK 135.8bSEK 25.9b3.7x2.4x0.5x
Tue, 09 Aug 2022SEK 49.1bSEK 119.6bSEK 24.0b2.1x2x0.4x
Thu, 07 Jul 2022SEK 42.7bSEK 107.8bSEK 19.2b2.3x2.2x0.4x
Sat, 04 Jun 2022SEK 60.3bSEK 107.8bSEK 19.2b3.3x3.1x0.6x
Mon, 02 May 2022SEK 62.0bSEK 107.8bSEK 19.2b3.4x3.2x0.6x
Price to Earnings Ratio

3.2x


Total Market Cap: SEK 62.0bTotal Earnings: SEK 19.2bTotal Revenue: SEK 107.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Steel Industry Price to Earnings3Y Average 1.4x202320242025
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 25% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% 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 Market2.54%
Materials3.76%
Metals and Mining5.77%
Steel4.65%
Precious Metals and Minerals22.00%
Gold7.60%
Diversified Metals and Mining7.42%
Aluminum1.78%
Silver-0.85%
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 59.883.2%
+SEK 1.8b		-3.1%PE9.2x
ALLEI AlleimaSEK 77.309.6%
+SEK 1.7b		18.7%PE12.4x
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Latest News

ALLEI

SEK 77.30

Alleima

7D

9.6%

1Y

18.7%

SSAB A

SEK 59.88

SSAB

7D

3.2%

1Y

-3.1%

NIO

SEK 5.30

Nordic Iron Ore

7D

-1.9%

1Y

-4.3%

We Think Nordic Iron Ore (STO:NIO) Can Easily Afford To Drive Business Growth

Feb 13
We Think Nordic Iron Ore (STO:NIO) Can Easily Afford To Drive Business Growth