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Swedish (OMX) Steel Industry Analysis

UpdatedJul 28, 2026
DataAggregated Company Financials
Companies3
  • 7D1.0%
  • 3M25.3%
  • 1Y66.4%
  • YTDn/a

In the last week, the Steel industry is up 2.1%, with all of the companies up. This takes the industry's 12 month performance to a gain of 68%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Jul 2026SEK 126.8bSEK 116.1bSEK 6.5b24.2x19.5x1.1x
Thu, 25 Jun 2026SEK 115.3bSEK 114.1bSEK 5.9b28.9x19.4x1x
Sat, 23 May 2026SEK 112.0bSEK 114.1bSEK 5.9b27.5x18.8x1x
Mon, 20 Apr 2026SEK 106.1bSEK 114.9bSEK 5.6b24.9x19.1x0.9x
Wed, 18 Mar 2026SEK 86.7bSEK 114.9bSEK 5.6b21x15.6x0.8x
Fri, 13 Feb 2026SEK 97.3bSEK 114.9bSEK 5.6b23x17.5x0.8x
Sun, 11 Jan 2026SEK 97.1bSEK 117.0bSEK 5.9b18.7x16.4x0.8x
Tue, 09 Dec 2025SEK 90.4bSEK 117.0bSEK 5.9b17.8x15.3x0.8x
Thu, 06 Nov 2025SEK 78.3bSEK 117.0bSEK 5.9b16.1x13.2x0.7x
Sat, 04 Oct 2025SEK 82.9bSEK 118.6bSEK 5.6b15.5x14.7x0.7x
Mon, 01 Sep 2025SEK 71.7bSEK 118.6bSEK 5.6b13.8x12.8x0.6x
Wed, 30 Jul 2025SEK 64.2bSEK 118.6bSEK 5.6b14.1x11.4x0.5x
Fri, 27 Jun 2025SEK 74.3bSEK 121.9bSEK 6.6b11.6x11.2x0.6x
Sun, 25 May 2025SEK 76.3bSEK 121.9bSEK 6.6b11.8x11.5x0.6x
Tue, 22 Apr 2025SEK 75.6bSEK 123.1bSEK 7.7b11.7x9.8x0.6x
Thu, 20 Mar 2025SEK 94.1bSEK 123.1bSEK 7.7b14.8x12.2x0.8x
Sat, 15 Feb 2025SEK 85.8bSEK 123.1bSEK 7.7b14.5x11.1x0.7x
Mon, 13 Jan 2025SEK 61.9bSEK 125.9bSEK 9.3b9.9x6.7x0.5x
Wed, 11 Dec 2024SEK 71.6bSEK 125.9bSEK 9.3b10.9x7.7x0.6x
Fri, 08 Nov 2024SEK 74.8bSEK 125.9bSEK 9.3b10.4x8.1x0.6x
Sun, 06 Oct 2024SEK 69.4bSEK 131.0bSEK 11.6b9.7x6x0.5x
Tue, 03 Sep 2024SEK 67.9bSEK 131.0bSEK 11.6b9.9x5.8x0.5x
Thu, 01 Aug 2024SEK 74.1bSEK 131.0bSEK 11.6b10.6x6.4x0.6x
Sat, 29 Jun 2024SEK 75.0bSEK 134.8bSEK 12.7b13.1x5.9x0.6x
Mon, 27 May 2024SEK 79.1bSEK 134.8bSEK 12.7b13.6x6.2x0.6x
Wed, 24 Apr 2024SEK 81.2bSEK 139.5bSEK 13.8b13.2x5.9x0.6x
Fri, 22 Mar 2024SEK 98.8bSEK 140.2bSEK 14.6b8.9x6.8x0.7x
Sun, 18 Feb 2024SEK 102.5bSEK 140.2bSEK 14.6b8.7x7x0.7x
Tue, 16 Jan 2024SEK 94.7bSEK 143.9b-SEK 17,294,642,000.0011.7x-5.5x0.7x
Thu, 14 Dec 2023SEK 96.6bSEK 143.9b-SEK 17,294,642,000.0011.8x-5.6x0.7x
Sat, 11 Nov 2023SEK 88.9bSEK 143.9b-SEK 17,293,112,000.0010.4x-5.1x0.6x
Mon, 09 Oct 2023SEK 77.1bSEK 145.8b-SEK 16,019,112,000.0011.9x-4.8x0.5x
Wed, 06 Sep 2023SEK 76.5bSEK 145.8b-SEK 16,019,112,000.0010x-4.8x0.5x
Fri, 04 Aug 2023SEK 75.8bSEK 145.8b-SEK 16,019,523,000.008.5x-4.7x0.5x
Price to Earnings Ratio

-4.7x


Total Market Cap: SEK 75.8bTotal Earnings: -SEK 16,019,523,000.00Total Revenue: SEK 145.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Steel Industry Price to Earnings3Y Average 8.5x202420252026
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 7.3% 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 Market2.12%
Materials0.52%
Metals and Mining-2.28%
Steel0.98%
Aluminum3.91%
Silver3.13%
Gold0%0
Precious Metals and Minerals-1.37%
Diversified Metals and Mining-5.88%
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
ALLEI AlleimaSEK 112.405.0%
+SEK 1.4b		57.2%PE30.8x
GRANGX GrangexSEK 41.257.4%
+SEK 40.1m		31.2%PS28.4x

Latest News

ALLEI
SEK 112.40
Alleima
7D
5.0%
1Y
57.2%
SSAB A
SEK 98.98
SSAB
7D
-0.1%
1Y
69.5%
Narrative Update • Jul 15

SSAB A: Higher Street Optimism Will Struggle Against Execution Risks Ahead

Analysts have raised the fair value estimate for SSAB to SEK 70.63 from SEK 65.00. This move aligns with a series of recent price target increases across the Street that cite updated views on revenue growth, margins and forward P/E assumptions.
NIO
SEK 4.54
Nordic Iron Ore
7D
-0.2%
1Y
10.2%
GRANGX
SEK 41.25
Grangex
7D
7.4%
1Y
31.2%