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Swedish (OMX) Communications Equipment Industry Analysis

UpdatedAug 06, 2026
DataAggregated Company Financials
Companies10
  • 7D0.4%
  • 3M-11.8%
  • 1Y32.2%
  • YTDn/a

Last week, the Communications Equipment industry hasn't moved much but Telefonaktiebolaget LM Ericsson is up 4.2% in that time. As for the the longer term, the industry is up 32% over the past 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Aug 2026SEK 345.0bSEK 233.1bSEK 25.1b19.6x13.7x1.5x
Sun, 05 Jul 2026SEK 383.6bSEK 236.5bSEK 25.6b42.4x15x1.6x
Tue, 02 Jun 2026SEK 430.8bSEK 236.5bSEK 25.6b45.8x16.8x1.8x
Thu, 30 Apr 2026SEK 385.4bSEK 236.5bSEK 25.6b34.9x15.1x1.6x
Sat, 28 Mar 2026SEK 376.9bSEK 242.2bSEK 28.8b34.1x13.1x1.6x
Mon, 23 Feb 2026SEK 363.3bSEK 242.2bSEK 28.8b31.8x12.6x1.5x
Wed, 21 Jan 2026SEK 311.5bSEK 245.7bSEK 25.0b46.3x12.4x1.3x
Fri, 19 Dec 2025SEK 325.4bSEK 245.7bSEK 25.0b47.8x13x1.3x
Sun, 16 Nov 2025SEK 338.6bSEK 245.7bSEK 25.0b56.3x13.5x1.4x
Tue, 14 Oct 2025SEK 286.7bSEK 251.1bSEK 17.6b49.9x16.3x1.1x
Thu, 11 Sep 2025SEK 278.0bSEK 251.1bSEK 17.6b50.6x15.8x1.1x
Sat, 09 Aug 2025SEK 267.3bSEK 251.1bSEK 17.6b48.2x15.2x1.1x
Mon, 07 Jul 2025SEK 299.3bSEK 254.9bSEK 1.9b119.1x157.9x1.2x
Wed, 04 Jun 2025SEK 300.0bSEK 254.9bSEK 1.9b119.5x158.3x1.2x
Fri, 02 May 2025SEK 296.3bSEK 254.9bSEK 1.9b118.3x155.8x1.2x
Sun, 30 Mar 2025SEK 289.7bSEK 252.9bSEK 302.6m73.2x957.3x1.1x
Tue, 25 Feb 2025SEK 313.4bSEK 253.5bSEK 289.7m80.5x1081.9x1.2x
Thu, 23 Jan 2025SEK 346.2bSEK 252.5b-SEK 1,052,139,568.0042.2x-329.1x1.4x
Sat, 21 Dec 2024SEK 324.0bSEK 252.5b-SEK 1,052,139,568.0039.6x-308x1.3x
Mon, 18 Nov 2024SEK 315.5bSEK 252.5b-SEK 1,039,309,568.0033.3x-303.6x1.2x
Wed, 16 Oct 2024SEK 314.9bSEK 252.5b-SEK 944,883,961.0037.4x-333.2x1.2x
Fri, 13 Sep 2024SEK 278.5bSEK 255.1b-SEK 35,428,883,961.0036.7x-7.9x1.1x
Sun, 11 Aug 2024SEK 260.5bSEK 255.1b-SEK 35,441,929,401.0034.7x-7.3x1x
Tue, 09 Jul 2024SEK 253.4bSEK 259.5b-SEK 24,911,100,401.0032.9x-10.2x1x
Thu, 06 Jun 2024SEK 247.5bSEK 259.5b-SEK 24,906,564,997.0029.9x-9.9x1x
Sat, 04 May 2024SEK 216.5bSEK 259.5b-SEK 24,906,205,227.0028.7x-8.7x0.8x
Mon, 01 Apr 2024SEK 220.2bSEK 268.8b-SEK 25,891,077,227.0028.7x-8.5x0.8x
Wed, 28 Feb 2024SEK 215.8bSEK 268.8b-SEK 25,887,446,425.0025.6x-8.3x0.8x
Fri, 26 Jan 2024SEK 232.1bSEK 268.7b-SEK 25,839,536,425.0033.3x-9x0.9x
Sun, 24 Dec 2023SEK 238.5bSEK 282.8b-SEK 23,167,536,425.0035.3x-10.3x0.8x
Tue, 21 Nov 2023SEK 202.7bSEK 282.8b-SEK 23,164,772,425.0030.5x-8.7x0.7x
Thu, 19 Oct 2023SEK 188.5bSEK 282.8b-SEK 23,147,256,366.0024.3x-8.1x0.7x
Sat, 16 Sep 2023SEK 212.0bSEK 286.1bSEK 12.7b22.6x16.7x0.7x
Mon, 14 Aug 2023SEK 206.1bSEK 286.1bSEK 12.7b24x16.2x0.7x
Price to Earnings Ratio

16.2x


Total Market Cap: SEK 206.1bTotal Earnings: SEK 12.7bTotal Revenue: SEK 286.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Equipment Industry Price to Earnings3Y Average 61.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Communications Equipment 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 13.7x which is lower than its 3-year average PE of 61.5x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have grown 26% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.6% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Swedish Communications Equipment compare with similar industries?

SE Market2.79%
Tech2.18%
Communications0.41%
Communications Equipment0.41%
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 97.184.2%
+SEK 12.9b		34.5%PE12.9x
HMS HMS NetworksSEK 490.201.1%
+SEK 261.0m		16.9%PE44.4x
NETI B Net InsightSEK 2.437.1%
+SEK 54.5m		-41.5%PS1.8x
MAVEN Maven Wireless SwedenSEK 5.204.0%
+SEK 11.3m		-54.0%PS1.8x
F2M Free2move HoldingSEK 0.0278.0%
+SEK 491.0k		-15.6%PS0.6x

Latest News

HMS
SEK 490.20
HMS Networks
7D
1.1%
1Y
16.9%
TAGM B
SEK 36.90
TagMaster
7D
-8.7%
1Y
117.7%
Analysis Article • Jul 25

TagMaster's (STO:TAGM B) Solid Earnings Are Supported By Other Strong Factors

Even though TagMaster AB (publ) ( STO:TAGM B ) posted strong earnings, investors appeared to be underwhelmed. We did...
MAVEN
SEK 5.20
Maven Wireless Sweden
7D
4.0%
1Y
-54.0%
NETI B
SEK 2.43
Net Insight
7D
7.1%
1Y
-41.5%
GAPW B
SEK 12.98
Gapwaves
7D
-4.6%
1Y
-24.5%
ERIC B
SEK 97.18
Telefonaktiebolaget LM Ericsson
7D
4.2%
1Y
34.5%
Narrative Update • Jul 17

ERIC B: Chip Cost Pressures And Leadership Change Will Constrain Future Upside

Analysts have trimmed the fair value estimate for Ericsson to SEK 68.00, reflecting a modestly lower blended price target as some firms reduce their SEK-based targets while others turn more constructive on the stock. Analyst Commentary Recent research on Telefonaktiebolaget LM Ericsson highlights a mix of views, with some firms trimming SEK-based price targets and others shifting to a more positive stance.
LUMEN
SEK 53.40
LumenRadio
7D
-1.1%
1Y
-0.4%
WAYS
SEK 39.00
Waystream Holding
7D
-0.3%
1Y
-0.3%
KEBNI B
SEK 1.04
KebNi
7D
-0.1%
1Y
-51.2%
Analysis Article • Jul 09

One KebNi AB (publ) (STO:KEBNI B) Broker Analyst Just Cut Their Revenue Numbers By 17%

The latest analyst coverage could presage a bad day for KebNi AB (publ) ( STO:KEBNI B ), with the covering analyst...
INCOAX
SEK 0.90
InCoax Networks
7D
-7.2%
1Y
-25.9%
F2M
SEK 0.027
Free2move Holding
7D
8.0%
1Y
-15.6%