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Swedish (OMX) Communications Industry Analysis
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies13
- 7D0.4%
- 3M-16.6%
- 1Y-29.4%
- YTD-23.4%
Over the last 7 days, the Communications industry has remained flat, although notably HMS Networks gained 4.5%. As for the longer term, the industry has declined 29% in the last year. Looking forward, earnings are forecast to grow by 7.3% annually.
Industry Valuation and Performance
Has the Swedish Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 22 May 2022 | kr282.8b | kr241.0b | kr22.7b | 48.5x |
| Tue, 19 Apr 2022 | kr307.5b | kr240.9b | kr22.7b | 50.3x |
| Thu, 17 Mar 2022 | kr303.8b | kr235.6b | kr22.9b | 51x |
| Sat, 12 Feb 2022 | kr414.7b | kr235.6b | kr22.9b | 52.9x |
| Mon, 10 Jan 2022 | kr364.8b | kr233.6b | kr20.3b | 62x |
| Wed, 08 Dec 2021 | kr342.8b | kr233.6b | kr20.3b | 60.3x |
| Fri, 05 Nov 2021 | kr344.5b | kr233.5b | kr20.3b | 65.7x |
| Sun, 03 Oct 2021 | kr351.7b | kr234.6b | kr19.9b | 55.6x |
| Tue, 31 Aug 2021 | kr367.3b | kr234.6b | kr19.9b | 60.1x |
| Wed, 07 Jul 2021 | kr379.9b | kr234.6b | kr19.9b | 54.7x |
| Sat, 10 Apr 2021 | kr401.9b | kr235.1b | kr18.6b | 34.6x |
| Fri, 01 Jan 2021 | kr342.4b | kr234.9b | kr17.5b | 36.5x |
| Mon, 05 Oct 2020 | kr341.3b | kr231.7b | kr14.4b | 31.8x |
| Thu, 09 Jul 2020 | kr298.2b | kr231.4b | kr2.8b | 37x |
| Wed, 01 Apr 2020 | kr276.2b | kr230.7b | kr2.1b | 27x |
| Sat, 04 Jan 2020 | kr281.2b | kr229.8b | kr2.3b | 39.1x |
| Tue, 08 Oct 2019 | kr268.0b | kr227.2b | -kr8,772,054,534.00 | 1247.4x |
| Mon, 01 Jul 2019 | kr301.1b | kr223.8b | kr197.1m | 701.9x |
Median PE Ratio
42.7x
Current Industry PE
- Investors are more pessimistic on the 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 48.5x which is lower than its 3-year average PE of 241x.
Past Earnings Growth
- Total earnings for the Communications industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 3.3% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Tech industry?
| SE Market | 0.25% | |
| Tech | -0.18% | |
| Communications | 0.40% | |
| Communications Equipment | 0.40% | |
Industry PE
- Investors are most optimistic about the Communications Equipment industry even though it's trading below its 3-year average PE ratio of 241x.
- Analysts are expecting annual earnings growth of 7.3%, which is lower than the prior year's growth of 31% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth
- Analysts are most optimistic on the Communications Equipment industry, expecting annual earnings growth of 7.3% over the next 5 years.
- However this is lower than its past earnings growth rate of 31% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HMS HMS Networks | kr392.20 | 4.5% +kr783.6m | 14.3% | PS48.5x | |
| ERIC B Telefonaktiebolaget LM Ericsson | kr77.62 | 0.1% +kr266.4m | -31.4% | PS11.5x | |
| GAPW B Gapwaves | kr27.50 | 5.8% +kr46.1m | -51.8% | PS20.6x | |
| TESSIN Tessin Nordic Holding | kr1.36 | 21.6% +kr28.1m | n/a | n/a | |
| KEBNI B KebNi | kr0.86 | 33.2% +kr20.7m | -23.8% | PS2.6x |