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Swedish (OMX) Tech Sector Analysis

UpdatedFeb 14, 2025
DataAggregated Company Financials
Companies158
  • 7D1.4%
  • 3M16.1%
  • 1Y22.7%
  • YTD8.1%

Over the last 7 days, the Tech industry has risen 1.6%, driven by gains from Telefonaktiebolaget LM Ericsson of 2.6%. This means that the industry has gained 25% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.

Sector Valuation and Performance

Has the Swedish Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Feb 2025SEK 1.0tSEK 464.5bSEK 5.0b27.6x201.2x2.2x
Sun, 12 Jan 2025SEK 920.0bSEK 464.2bSEK 3.2b24.7x288.4x2x
Tue, 10 Dec 2024SEK 942.3bSEK 464.8bSEK 3.2b25.2x292x2x
Thu, 07 Nov 2024SEK 904.1bSEK 464.2bSEK 9.2b24.9x98x1.9x
Sat, 05 Oct 2024SEK 869.5bSEK 464.6b-SEK 27,417,068,663.0327.5x-31.7x1.9x
Mon, 02 Sep 2024SEK 873.0bSEK 464.5b-SEK 27,437,677,110.9527.8x-31.8x1.9x
Wed, 31 Jul 2024SEK 873.0bSEK 465.7b-SEK 27,430,834,610.2125.8x-31.8x1.9x
Fri, 28 Jun 2024SEK 869.7bSEK 467.8b-SEK 17,944,112,969.1529.8x-48.5x1.9x
Sun, 26 May 2024SEK 865.4bSEK 468.9b-SEK 17,512,648,865.5227.4x-49.4x1.8x
Tue, 23 Apr 2024SEK 833.2bSEK 473.8b-SEK 17,334,360,150.8026x-48.1x1.8x
Thu, 21 Mar 2024SEK 849.3bSEK 482.0b-SEK 18,761,357,829.7126.6x-45.3x1.8x
Sat, 17 Feb 2024SEK 841.1bSEK 481.6b-SEK 18,719,235,183.1530.5x-44.9x1.7x
Mon, 15 Jan 2024SEK 841.3bSEK 494.5b-SEK 16,311,368,313.0031.5x-51.6x1.7x
Wed, 13 Dec 2023SEK 809.4bSEK 495.3b-SEK 16,237,956,525.0028.4x-49.8x1.6x
Fri, 10 Nov 2023SEK 691.0bSEK 497.7b-SEK 16,211,193,667.0025.7x-42.6x1.4x
Sun, 08 Oct 2023SEK 688.9bSEK 500.1bSEK 17.3b22.4x39.7x1.4x
Tue, 05 Sep 2023SEK 722.5bSEK 501.8bSEK 17.6b23.4x41.2x1.4x
Thu, 03 Aug 2023SEK 740.9bSEK 499.9bSEK 17.4b24.2x42.7x1.5x
Sat, 01 Jul 2023SEK 848.2bSEK 495.1bSEK 23.5b23.5x36.1x1.7x
Mon, 29 May 2023SEK 826.7bSEK 493.9bSEK 23.5b25.1x35.2x1.7x
Wed, 26 Apr 2023SEK 792.8bSEK 487.2bSEK 22.8b27.1x34.7x1.6x
Fri, 24 Mar 2023SEK 782.6bSEK 477.5bSEK 24.2b27.3x32.3x1.6x
Sun, 19 Feb 2023SEK 827.1bSEK 452.1bSEK 27.5b27.4x30x1.8x
Tue, 17 Jan 2023SEK 844.5bSEK 429.9bSEK 30.5b28.3x27.6x2x
Thu, 15 Dec 2022SEK 834.5bSEK 427.4bSEK 30.2b26x27.6x2x
Sat, 12 Nov 2022SEK 839.4bSEK 426.0bSEK 30.0b25.2x28x2x
Mon, 10 Oct 2022SEK 741.2bSEK 404.8bSEK 35.1b23.1x21.1x1.8x
Wed, 07 Sep 2022SEK 820.8bSEK 403.5bSEK 34.9b24.3x23.5x2x
Fri, 05 Aug 2022SEK 895.1bSEK 400.8bSEK 34.9b24.4x25.6x2.2x
Sun, 03 Jul 2022SEK 821.7bSEK 386.1bSEK 33.6b24.4x24.5x2.1x
Tue, 31 May 2022SEK 919.5bSEK 384.4bSEK 33.4b26.6x27.6x2.4x
Thu, 28 Apr 2022SEK 915.3bSEK 387.9bSEK 33.3b29.2x27.5x2.4x
Sat, 26 Mar 2022SEK 991.9bSEK 381.6bSEK 34.0b27.9x29.2x2.6x
Mon, 21 Feb 2022SEK 973.1bSEK 381.3bSEK 34.4b30.1x28.3x2.6x
Price to Earnings Ratio

28.3x


Total Market Cap: SEK 973.1bTotal Earnings: SEK 34.4bTotal Revenue: SEK 381.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Tech Sector Price to Earnings3Y Average 29.1x202320242025
Current Industry PE
  • Investors are optimistic on the Swedish Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 199x which is higher than its 3-year average PE of 29.0x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 47% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.9% 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 Trends

Which industries have driven the changes within the Swedish Tech sector?

SE Market1.87%
Tech1.38%
Semiconductors5.26%
Communications2.09%
Electronic Equipment and Components2.07%
Tech Hardware0.58%
IT-1.06%
Software-1.33%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 45.7%, which is higher than its past year's earnings decline of 56.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 106% over the next 5 years.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HEXA B HexagonSEK 129.402.4%
+SEK 8.1b
11.0%PE30.1x
ERIC B Telefonaktiebolaget LM EricssonSEK 85.282.6%
+SEK 7.1b
52.6%PE14210.5x
SINCH SinchSEK 28.9816.7%
+SEK 3.5b
-9.1%PS0.8x
LAGR B Lagercrantz GroupSEK 239.203.7%
+SEK 1.8b
60.1%PE51.7x
MYCR MycronicSEK 502.502.8%
+SEK 1.3b
50.6%PE29.1x
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