Header cover image

Swedish (OMX) Metals and Mining Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies20
  • 7D-5.2%
  • 3M-7.2%
  • 1Y3.3%
  • YTD-8.7%

Over the last 7 days, the Metals and Mining industry has dropped 5.2%, driven by Boliden declining 6.8%. In the past year, the industry has gained 3.3%. Looking forward, earnings are forecast to grow by 6.0% annually.

Industry Valuation and Performance

Has the Swedish Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024SEK 181.3bSEK 238.9bSEK 20.4b12.4x8.9x0.8x
Sun, 23 Jun 2024SEK 191.1bSEK 238.3bSEK 18.4b12.5x10.4x0.8x
Tue, 21 May 2024SEK 203.3bSEK 238.4bSEK 18.4b13.3x11.1x0.9x
Thu, 18 Apr 2024SEK 196.0bSEK 245.9bSEK 21.7b12.8x9x0.8x
Sat, 16 Mar 2024SEK 192.7bSEK 246.0bSEK 21.5b11.5x9x0.8x
Mon, 12 Feb 2024SEK 187.3bSEK 246.0bSEK 21.4b12.1x8.7x0.8x
Wed, 10 Jan 2024SEK 191.7bSEK 253.1b-SEK 9,785,764,172.0012.5x-19.6x0.8x
Fri, 08 Dec 2023SEK 194.8bSEK 253.1b-SEK 9,764,735,535.0012.3x-19.9x0.8x
Sun, 05 Nov 2023SEK 184.6bSEK 253.3b-SEK 9,869,780,861.0013.5x-18.7x0.7x
Tue, 03 Oct 2023SEK 179.5bSEK 255.8b-SEK 7,484,432,068.0012.5x-24x0.7x
Thu, 31 Aug 2023SEK 171.1bSEK 255.8b-SEK 7,485,771,347.0013.1x-22.9x0.7x
Sat, 29 Jul 2023SEK 176.7bSEK 255.7b-SEK 7,573,332,483.0011.6x-23.3x0.7x
Mon, 26 Jun 2023SEK 191.8bSEK 262.7b-SEK 415,786,558.0011.3x-461.3x0.7x
Wed, 24 May 2023SEK 189.4bSEK 262.6b-SEK 332,286,010.0010.6x-570x0.7x
Fri, 21 Apr 2023SEK 210.6bSEK 263.1bSEK 3.2b10.2x66.7x0.8x
Sun, 19 Mar 2023SEK 200.5bSEK 263.1bSEK 3.3b9.1x60.1x0.8x
Tue, 14 Feb 2023SEK 218.7bSEK 257.2bSEK 3.3b9.3x66.3x0.9x
Thu, 12 Jan 2023SEK 209.5bSEK 252.8bSEK 38.8b6.6x5.4x0.8x
Sat, 10 Dec 2022SEK 196.4bSEK 252.7bSEK 38.8b6.4x5.1x0.8x
Mon, 07 Nov 2022SEK 176.9bSEK 252.6bSEK 38.9b6.3x4.5x0.7x
Wed, 05 Oct 2022SEK 175.2bSEK 240.0bSEK 37.8b6.6x4.6x0.7x
Fri, 02 Sep 2022SEK 162.0bSEK 223.9bSEK 36.0b7.8x4.5x0.7x
Sun, 31 Jul 2022SEK 156.2bSEK 223.7bSEK 36.0b14.3x4.3x0.7x
Tue, 28 Jun 2022SEK 153.4bSEK 205.7bSEK 30.1b13.8x5.1x0.7x
Thu, 26 May 2022SEK 179.3bSEK 205.6bSEK 30.1b10.2x6x0.9x
Sat, 23 Apr 2022SEK 205.5bSEK 188.9bSEK 23.8b13.8x8.6x1.1x
Mon, 21 Mar 2022SEK 195.2bSEK 186.7bSEK 23.8b11.8x8.2x1x
Wed, 16 Feb 2022SEK 181.6bSEK 186.6bSEK 23.9b12.6x7.6x1x
Fri, 14 Jan 2022SEK 178.6bSEK 172.7bSEK 18.7b13.1x9.6x1x
Sun, 12 Dec 2021SEK 155.9bSEK 172.7bSEK 18.7b12.5x8.3x0.9x
Tue, 09 Nov 2021SEK 144.5bSEK 172.5bSEK 18.6b13.9x7.8x0.8x
Thu, 07 Oct 2021SEK 132.7bSEK 157.3bSEK 13.6b14.8x9.8x0.8x
Sat, 04 Sep 2021SEK 144.2bSEK 157.2bSEK 13.6b16.2x10.6x0.9x
Mon, 02 Aug 2021SEK 158.6bSEK 157.2bSEK 13.6b15.6x11.7x1x
Price to Earnings Ratio

11.7x


Total Market Cap: SEK 158.6bTotal Earnings: SEK 13.6bTotal Revenue: SEK 157.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Metals and Mining Industry Price to Earnings3Y Average -32.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.9x which is higher than its 3-year average PE of -32.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Swedish Materials industry?

SE Market-1.57%
Materials-2.80%
Metals and Mining-5.24%
Precious Metals and Minerals3.82%
Gold0.91%
Copper0%
Aluminum-1.64%
Silver-2.25%
Steel-4.25%
Diversified Metals and Mining-6.64%
Industry PE
  • Investors are most optimistic about the Aluminum industry, which is trading close to its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 20.9%, which is lower than the prior year's growth of 55.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aluminum industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 55% per year.
  • In contrast, the Steel industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ALLEI AlleimaSEK 78.203.6%
+SEK 653.5m		73.9%PE15.9x
DRIL DrillconSEK 6.061.7%
+SEK 4.5m		17.4%PE10.5x
KOPY Kopy GoldfieldsSEK 0.182.3%
+SEK 3.6m		-50.4%PS0.2x
ABAS ABAS ProtectSEK 11.504.5%
+SEK 3.5m		-1.3%PE15x
BLUE Bluelake MineralSEK 1.032.9%
+SEK 2.6m		1.8%PB2.7x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

SOSI

SEK 1.68

Sotkamo Silver

7D

-0.9%

1Y

179.8%

SSAB A

SEK 56.52

SSAB

7D

-5.5%

1Y

-12.6%

ABAS

SEK 11.50

ABAS Protect

7D

4.5%

1Y

-1.3%

KOPY

SEK 0.18

Kopy Goldfields

7D

2.3%

1Y

-50.4%

Benign Growth For Kopy Goldfields AB (publ) (STO:KOPY) Underpins Stock's 27% Plummet

Jul 25
Benign Growth For Kopy Goldfields AB (publ) (STO:KOPY) Underpins Stock's 27% Plummet

BOL

SEK 319.10

Boliden

7D

-6.8%

1Y

4.7%

Earnings Beat: Boliden AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 24
Earnings Beat: Boliden AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

ALLEI

SEK 78.20

Alleima

7D

3.6%

1Y

73.9%

PROF B

SEK 124.00

ProfilGruppen

7D

-1.6%

1Y

12.7%

GRNG

SEK 135.40

Gränges

7D

-0.5%

1Y

29.3%

NIO

SEK 4.96

Nordic Iron Ore

7D

-1.8%

1Y

-50.4%

VISC

SEK 21.75

Gruvaktiebolaget Viscaria

7D

-1.8%

1Y

-10.3%

BLUE

SEK 1.03

Bluelake Mineral

7D

2.9%

1Y

1.8%

ARCT

SEK 0.30

Arctic Minerals

7D

2.8%

1Y

-26.2%

AFRI

SEK 1.36

Africa Resources

7D

3.8%

1Y

-2.9%

DRIL

SEK 6.06

Drillcon

7D

1.7%

1Y

17.4%

BOTX

SEK 11.10

Botnia Exploration Holding

7D

-5.1%

1Y

13.5%