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Swedish (OMX) Communications Industry Analysis

UpdatedJul 17, 2025
DataAggregated Company Financials
Companies11
  • 7D-7.3%
  • 3M-6.6%
  • 1Y0.9%
  • YTD-19.8%

Over the last 7 days, the Communications industry has dropped 12%, driven by Telefonaktiebolaget LM Ericsson declining 13%. In contrast, Waystream Holding has gained 19%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 3.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 17 Jul 2025SEK 265.4bSEK 251.1bSEK 17.6b44.1x15x1.1x
Sat, 14 Jun 2025SEK 289.5bSEK 254.9bSEK 1.9b113.5x152.7x1.1x
Mon, 12 May 2025SEK 293.3bSEK 254.9bSEK 1.9b117x154.7x1.2x
Wed, 09 Apr 2025SEK 259.6bSEK 252.9bSEK 302.6m64.2x857.7x1x
Fri, 07 Mar 2025SEK 319.0bSEK 253.5bSEK 295.3m76.4x1080.4x1.3x
Sun, 02 Feb 2025SEK 311.1bSEK 253.6bSEK 297.2m53.9x1046.9x1.2x
Tue, 31 Dec 2024SEK 327.2bSEK 252.5b-SEK 1,052,139,568.0042.3x-311x1.3x
Thu, 28 Nov 2024SEK 322.6bSEK 252.5b-SEK 1,052,139,568.0042.3x-306.6x1.3x
Sat, 26 Oct 2024SEK 325.8bSEK 252.5b-SEK 1,037,165,961.0033.3x-314.1x1.3x
Mon, 23 Sep 2024SEK 283.5bSEK 255.1b-SEK 35,428,883,961.0036.9x-8x1.1x
Wed, 21 Aug 2024SEK 272.1bSEK 255.1b-SEK 35,426,975,961.0034.4x-7.7x1.1x
Fri, 19 Jul 2024SEK 263.4bSEK 255.0b-SEK 35,461,487,401.0039.5x-7.4x1x
Sun, 16 Jun 2024SEK 233.2bSEK 259.5b-SEK 24,911,100,401.0031.3x-9.4x0.9x
Tue, 14 May 2024SEK 223.5bSEK 259.5b-SEK 24,894,925,997.0028.8x-9x0.9x
Thu, 11 Apr 2024SEK 210.3bSEK 268.8b-SEK 25,891,077,227.0028.4x-8.1x0.8x
Sat, 09 Mar 2024SEK 217.5bSEK 268.8b-SEK 25,891,554,425.0027.5x-8.4x0.8x
Mon, 05 Feb 2024SEK 217.3bSEK 268.7b-SEK 25,911,459,425.0031.6x-8.4x0.8x
Wed, 03 Jan 2024SEK 241.9bSEK 282.8b-SEK 23,167,536,425.0035.2x-10.4x0.9x
Fri, 01 Dec 2023SEK 200.1bSEK 282.8b-SEK 23,164,772,425.0033.4x-8.6x0.7x
Sun, 29 Oct 2023SEK 187.4bSEK 282.8b-SEK 23,176,756,962.0024.8x-8.1x0.7x
Tue, 26 Sep 2023SEK 209.0bSEK 286.1bSEK 12.7b21.5x16.4x0.7x
Thu, 24 Aug 2023SEK 206.0bSEK 286.1bSEK 12.7b21.5x16.2x0.7x
Sat, 22 Jul 2023SEK 202.9bSEK 286.1bSEK 12.7b25.5x16x0.7x
Mon, 19 Jun 2023SEK 225.5bSEK 284.0bSEK 17.9b27x12.6x0.8x
Wed, 17 May 2023SEK 212.2bSEK 283.9bSEK 17.9b29.1x11.9x0.7x
Fri, 14 Apr 2023SEK 231.5bSEK 276.1bSEK 19.2b26.6x12x0.8x
Sun, 12 Mar 2023SEK 223.1bSEK 276.0bSEK 19.2b30.9x11.6x0.8x
Tue, 07 Feb 2023SEK 233.1bSEK 275.9bSEK 19.2b37.1x12.1x0.8x
Thu, 05 Jan 2023SEK 235.7bSEK 261.1bSEK 23.1b33.9x10.2x0.9x
Sat, 03 Dec 2022SEK 249.7bSEK 260.8bSEK 23.1b34.5x10.8x1x
Mon, 31 Oct 2022SEK 224.3bSEK 260.6bSEK 23.1b30.7x9.7x0.9x
Wed, 28 Sep 2022SEK 244.7bSEK 248.7bSEK 23.6b35.9x10.4x1x
Fri, 26 Aug 2022SEK 286.9bSEK 248.7bSEK 23.6b49.3x12.2x1.2x
Sun, 24 Jul 2022SEK 279.2bSEK 248.6bSEK 23.6b49x11.9x1.1x
Price to Earnings Ratio

11.9x


Total Market Cap: SEK 279.2bTotal Earnings: SEK 23.6bTotal Revenue: SEK 248.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Industry Price to Earnings3Y Average 60.6x202320242025
Current Industry PE
  • Investors are optimistic on the Swedish Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 135x which is higher than its 3-year average PE of 60.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have declined 56% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

SE Market-1.00%
Tech-2.59%
Communications-7.29%
Communications Equipment-7.29%
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
WAYS Waystream HoldingSEK 41.7022.6%
+SEK 62.1m		84.1%PS2.5x
MAVEN Maven Wireless SwedenSEK 8.746.1%
+SEK 26.0m		-33.3%PS2.2x
INCOAX InCoax NetworksSEK 1.440.3%
+SEK 656.3k		-48.4%PS2x

Latest News

ERIC B
SEK 72.10
Telefonaktiebolaget LM Ericsson
7D
-7.7%
1Y
1.4%
WAYS
SEK 41.70
Waystream Holding
7D
22.6%
1Y
84.1%
HMS
SEK 409.40
HMS Networks
7D
-5.6%
1Y
6.3%
NETI B
SEK 4.10
Net Insight
7D
-0.5%
1Y
-35.3%
KEBNI B
SEK 2.33
KebNi
7D
-1.5%
1Y
56.0%

Investors Appear Satisfied With KebNi AB (publ)'s (STO:KEBNI B) Prospects As Shares Rocket 27%

Jul 10
Investors Appear Satisfied With KebNi AB (publ)'s (STO:KEBNI B) Prospects As Shares Rocket 27%
TAGM B
SEK 14.00
TagMaster
7D
-14.6%
1Y
-17.6%

Investors Still Aren't Entirely Convinced By TagMaster AB (publ)'s (STO:TAGM B) Revenues Despite 28% Price Jump

Jul 09
Investors Still Aren't Entirely Convinced By TagMaster AB (publ)'s (STO:TAGM B) Revenues Despite 28% Price Jump
MAVEN
SEK 8.74
Maven Wireless Sweden
7D
6.1%
1Y
-33.3%
INCOAX
SEK 1.44
InCoax Networks
7D
0.3%
1Y
-48.4%
HDW B
SEK 1.46
Hitech & Development Wireless Sweden Holding
7D
-3.0%
1Y
-86.3%
LUMEN
SEK 52.80
LumenRadio
7D
-11.7%
1Y
-52.0%
GAPW B
SEK 12.98
Gapwaves
7D
-4.0%
1Y
-28.7%