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Swedish (OMX) Communications Industry Analysis

UpdatedDec 02, 2025
DataAggregated Company Financials
Companies10
  • 7D0.9%
  • 3M21.6%
  • 1Y1.8%
  • YTD0.08%

Over the last 7 days, the Communications industry has remained flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are forecast to decline by 9.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Dec 2025SEK 331.2bSEK 245.7bSEK 25.0b52.5x13.2x1.3x
Thu, 30 Oct 2025SEK 347.5bSEK 245.7bSEK 25.0b60x13.9x1.4x
Sat, 27 Sep 2025SEK 279.0bSEK 251.1bSEK 17.6b48.2x15.8x1.1x
Mon, 25 Aug 2025SEK 279.5bSEK 251.1bSEK 17.6b50.9x15.9x1.1x
Wed, 23 Jul 2025SEK 267.1bSEK 251.1bSEK 17.6b48.1x15.2x1.1x
Fri, 20 Jun 2025SEK 292.4bSEK 254.9bSEK 1.9b114.6x154.3x1.1x
Sun, 18 May 2025SEK 306.8bSEK 254.9bSEK 1.9b123.6x161.9x1.2x
Tue, 15 Apr 2025SEK 267.7bSEK 252.9bSEK 302.6m59x884.5x1.1x
Thu, 13 Mar 2025SEK 298.1bSEK 253.5bSEK 295.3m73.7x1009.6x1.2x
Sat, 08 Feb 2025SEK 308.8bSEK 253.6bSEK 294.5m68.5x1048.4x1.2x
Mon, 06 Jan 2025SEK 330.3bSEK 252.5b-SEK 1,052,139,568.0042.1x-313.9x1.3x
Wed, 04 Dec 2024SEK 327.7bSEK 252.5b-SEK 1,052,139,568.0042.2x-311.5x1.3x
Fri, 01 Nov 2024SEK 328.2bSEK 252.5b-SEK 1,025,797,961.0034.7x-319.9x1.3x
Sun, 29 Sep 2024SEK 286.0bSEK 255.1b-SEK 35,428,883,961.0036.1x-8.1x1.1x
Tue, 27 Aug 2024SEK 281.2bSEK 255.1b-SEK 35,428,011,961.0036.1x-7.9x1.1x
Thu, 25 Jul 2024SEK 262.1bSEK 255.1b-SEK 35,441,929,401.0037.5x-7.4x1x
Sat, 22 Jun 2024SEK 237.3bSEK 259.5b-SEK 24,911,100,401.0029.9x-9.5x0.9x
Mon, 20 May 2024SEK 234.6bSEK 259.5b-SEK 24,906,564,997.0030.6x-9.4x0.9x
Wed, 17 Apr 2024SEK 205.8bSEK 268.8b-SEK 25,891,077,227.0028.1x-7.9x0.8x
Fri, 15 Mar 2024SEK 222.9bSEK 268.8b-SEK 25,893,300,227.0027.5x-8.6x0.8x
Sun, 11 Feb 2024SEK 217.7bSEK 268.7b-SEK 25,911,459,425.0031.4x-8.4x0.8x
Tue, 09 Jan 2024SEK 238.7bSEK 282.8b-SEK 23,167,536,425.0031.4x-10.3x0.8x
Thu, 07 Dec 2023SEK 221.6bSEK 282.8b-SEK 23,164,772,425.0031.8x-9.6x0.8x
Sat, 04 Nov 2023SEK 192.7bSEK 282.8b-SEK 23,163,195,962.0024.3x-8.3x0.7x
Mon, 02 Oct 2023SEK 202.1bSEK 286.2bSEK 12.7b22.4x15.9x0.7x
Wed, 30 Aug 2023SEK 211.4bSEK 286.1bSEK 12.7b21.9x16.6x0.7x
Fri, 28 Jul 2023SEK 205.4bSEK 286.1bSEK 12.7b25.7x16.2x0.7x
Sun, 25 Jun 2023SEK 211.0bSEK 284.0bSEK 17.9b26.4x11.8x0.7x
Tue, 23 May 2023SEK 216.9bSEK 283.9bSEK 17.9b29.9x12.1x0.8x
Thu, 20 Apr 2023SEK 217.1bSEK 283.8bSEK 17.9b26.8x12.2x0.8x
Sat, 18 Mar 2023SEK 212.5bSEK 276.1bSEK 19.2b29.6x11.1x0.8x
Mon, 13 Feb 2023SEK 226.1bSEK 275.9bSEK 19.2b34.6x11.8x0.8x
Wed, 11 Jan 2023SEK 235.2bSEK 261.1bSEK 23.1b34.5x10.2x0.9x
Fri, 09 Dec 2022SEK 244.6bSEK 261.0bSEK 23.1b28.2x10.6x0.9x
Price to Earnings Ratio

10.6x


Total Market Cap: SEK 244.6bTotal Earnings: SEK 23.1bTotal Revenue: SEK 261.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Industry Price to Earnings3Y Average 61x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish Communications 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 13.1x which is lower than its 3-year average PE of 61.0x.
  • The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 2.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

SE Market1.92%
Tech-0.028%
Communications0.92%
Communications Equipment0.92%
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
ERIC B Telefonaktiebolaget LM EricssonSEK 91.261.1%
+SEK 3.4b		1.4%PE12.3x
GAPW B GapwavesSEK 16.806.5%
+SEK 37.1m		24.1%PS7x
LUMEN LumenRadioSEK 54.901.9%
+SEK 12.6m		-46.5%PE40.1x
KEBNI B KebNiSEK 1.671.5%
+SEK 6.6m		83.0%PE78.8x
WAYS Waystream HoldingSEK 33.801.8%
+SEK 4.8m		135.4%PE492.3x

Latest News

LUMEN
SEK 54.90
LumenRadio
7D
1.9%
1Y
-46.5%
HMS
SEK 458.00
HMS Networks
7D
-1.7%
1Y
16.2%
GAPW B
SEK 16.80
Gapwaves
7D
6.5%
1Y
24.1%
ERIC B
SEK 91.26
Telefonaktiebolaget LM Ericsson
7D
1.1%
1Y
1.4%

ERIC B: Geopolitical Shifts And Major Network Deals Will Influence Future Prospects

Ericsson's analyst price target has seen a modest increase to SEK 87.38 from SEK 87.22, as analysts cite updated revenue and margin expectations following recent quarterly results. Analyst Commentary Following Ericsson's recent quarterly results, analysts have updated their perspectives on the company, resulting in several price target revisions and directional commentary.
MAVEN
SEK 6.22
Maven Wireless Sweden
7D
-0.3%
1Y
-39.6%
INCOAX
SEK 0.54
InCoax Networks
7D
-2.5%
1Y
-71.1%
NETI B
SEK 3.82
Net Insight
7D
-3.7%
1Y
-47.4%
TAGM B
SEK 15.90
TagMaster
7D
1.9%
1Y
32.5%
WAYS
SEK 33.80
Waystream Holding
7D
1.8%
1Y
135.4%
KEBNI B
SEK 1.67
KebNi
7D
1.5%
1Y
83.0%
F2M
SEK 0.022
Free2move Holding
7D
-12.0%
1Y
-24.1%