Swedish (OMX) Steel Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies3
- 7D-5.5%
- 3M-9.5%
- 1Y1.6%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 4.5%, driven by a pullback from SSAB of 5.9%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to decline by 9.4% per year.
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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | kr82.2b | kr140.2b | kr14.6b | 8.4x | 5.6x | 0.6x |
| Wed, 20 Mar 2024 | kr95.5b | kr140.2b | kr14.6b | 8.8x | 6.5x | 0.7x |
| Fri, 16 Feb 2024 | kr101.2b | kr140.2b | kr14.6b | 8.6x | 6.9x | 0.7x |
| Sun, 14 Jan 2024 | kr95.9b | kr143.9b | -kr17,294,642,000.00 | 12.1x | -5.5x | 0.7x |
| Tue, 12 Dec 2023 | kr97.7b | kr143.9b | -kr17,294,642,000.00 | 12x | -5.6x | 0.7x |
| Thu, 09 Nov 2023 | kr88.4b | kr143.9b | -kr17,293,112,000.00 | 10.6x | -5.1x | 0.6x |
| Sat, 07 Oct 2023 | kr77.1b | kr145.8b | -kr16,019,112,000.00 | 11.9x | -4.8x | 0.5x |
| Mon, 04 Sep 2023 | kr77.6b | kr145.8b | -kr16,019,112,000.00 | 9.9x | -4.8x | 0.5x |
| Wed, 02 Aug 2023 | kr77.8b | kr145.8b | -kr16,019,523,000.00 | 8.9x | -4.9x | 0.5x |
| Fri, 30 Jun 2023 | kr89.3b | kr148.6b | -kr11,469,523,000.00 | 6.9x | -7.8x | 0.6x |
| Sun, 28 May 2023 | kr82.1b | kr148.6b | -kr11,468,474,000.00 | 6.8x | -7.2x | 0.6x |
| Tue, 25 Apr 2023 | kr81.7b | kr147.2b | -kr9,426,474,000.00 | 9.2x | -8.7x | 0.6x |
| Thu, 23 Mar 2023 | kr83.8b | kr147.2b | -kr9,426,474,000.00 | 8.4x | -8.9x | 0.6x |
| Sat, 18 Feb 2023 | kr88.6b | kr147.2b | -kr9,425,601,000.00 | 9.1x | -9.4x | 0.6x |
| Mon, 16 Jan 2023 | kr75.1b | kr143.1b | kr26.0b | 4.9x | 2.9x | 0.5x |
| Wed, 14 Dec 2022 | kr72.9b | kr143.1b | kr26.0b | 4.5x | 2.8x | 0.5x |
| Fri, 11 Nov 2022 | kr69.7b | kr143.1b | kr26.0b | 4.6x | 2.7x | 0.5x |
| Sun, 09 Oct 2022 | kr62.9b | kr135.8b | kr25.9b | 3.7x | 2.4x | 0.5x |
| Tue, 06 Sep 2022 | kr59.7b | kr135.8b | kr25.9b | 3.5x | 2.3x | 0.4x |
| Thu, 04 Aug 2022 | kr47.4b | kr119.6b | kr24.0b | 2x | 2x | 0.4x |
| Sat, 02 Jul 2022 | kr44.1b | kr107.8b | kr19.2b | 2.4x | 2.3x | 0.4x |
| Mon, 30 May 2022 | kr59.3b | kr107.8b | kr19.2b | 3.3x | 3.1x | 0.5x |
| Wed, 27 Apr 2022 | kr58.8b | kr95.9b | kr14.7b | 4.1x | 4x | 0.6x |
| Fri, 25 Mar 2022 | kr68.8b | kr95.9b | kr14.7b | 5.1x | 4.7x | 0.7x |
| Sun, 20 Feb 2022 | kr52.1b | kr95.9b | kr14.7b | 3.8x | 3.6x | 0.5x |
| Tue, 18 Jan 2022 | kr55.7b | kr85.5b | kr9.5b | 6.4x | 5.8x | 0.7x |
| Thu, 16 Dec 2021 | kr46.8b | kr85.5b | kr9.5b | 5.3x | 4.9x | 0.5x |
| Sat, 13 Nov 2021 | kr44.0b | kr85.5b | kr9.5b | 5x | 4.6x | 0.5x |
| Mon, 11 Oct 2021 | kr39.3b | kr74.8b | kr4.3b | 10x | 9.1x | 0.5x |
| Wed, 08 Sep 2021 | kr42.6b | kr74.8b | kr4.3b | 9.8x | 9.9x | 0.6x |
| Fri, 06 Aug 2021 | kr47.7b | kr74.8b | kr4.3b | 11x | 11x | 0.6x |
| Mon, 10 May 2021 | kr45.1b | kr66.3b | kr811.8m | 54.6x | 55.5x | 0.7x |
Price to Earnings Ratio
55.5x
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
- The earnings for companies in the Steel industry have grown 162% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Swedish Steel compare with similar industries?
| SE Market | -1.61% | |
| Materials | -2.49% | |
| Metals and Mining | -2.68% | |
| Steel | -5.47% | |
| Gold | 0.85% | |
| Diversified Metals and Mining | 0.65% | |
| Copper | 0% | |
| Silver | -3.95% | |
| Aluminum | -8.52% | |
| Precious Metals and Minerals | -14.68% | |
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 | |||||