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Swedish (OMX) Communications Equipment Industry Analysis

UpdatedJul 14, 2025
DataAggregated Company Financials
Companies11
  • 7D-5.3%
  • 3M-1.4%
  • 1Y10.6%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 5.3%, driven by Telefonaktiebolaget LM Ericsson declining 5.8%. On the other hand Waystream Holding is actually up 15%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Jul 2025SEK 283.9bSEK 254.9bSEK 1.9b109x145.9x1.1x
Thu, 12 Jun 2025SEK 297.0bSEK 254.9bSEK 1.9b117.7x156.7x1.2x
Sat, 10 May 2025SEK 293.3bSEK 254.9bSEK 1.9b117x154.7x1.2x
Mon, 07 Apr 2025SEK 265.6bSEK 252.9bSEK 302.6m67.9x877.5x1x
Wed, 05 Mar 2025SEK 313.2bSEK 253.5bSEK 284.9m77.4x1099.5x1.2x
Fri, 31 Jan 2025SEK 313.7bSEK 253.6bSEK 297.2m53.7x1055.4x1.2x
Sun, 29 Dec 2024SEK 327.1bSEK 252.5b-SEK 1,052,139,568.0042.2x-310.9x1.3x
Tue, 26 Nov 2024SEK 322.1bSEK 252.5b-SEK 1,052,139,568.0043x-306.1x1.3x
Thu, 24 Oct 2024SEK 323.2bSEK 252.4b-SEK 1,037,215,961.0038x-311.6x1.3x
Sat, 21 Sep 2024SEK 283.5bSEK 255.1b-SEK 35,428,883,961.0036.9x-8x1.1x
Mon, 19 Aug 2024SEK 274.3bSEK 255.1b-SEK 35,426,975,961.0035x-7.7x1.1x
Wed, 17 Jul 2024SEK 262.5bSEK 255.0b-SEK 35,461,486,401.0040x-7.4x1x
Fri, 14 Jun 2024SEK 242.2bSEK 259.5b-SEK 24,911,100,401.0031.8x-9.7x0.9x
Sun, 12 May 2024SEK 221.6bSEK 259.5b-SEK 24,894,925,997.0029.1x-8.9x0.9x
Tue, 09 Apr 2024SEK 211.4bSEK 268.8b-SEK 25,891,077,227.0029.4x-8.2x0.8x
Thu, 07 Mar 2024SEK 217.8bSEK 268.8b-SEK 25,891,554,425.0027.5x-8.4x0.8x
Sat, 03 Feb 2024SEK 217.3bSEK 268.7b-SEK 25,911,459,425.0031.6x-8.4x0.8x
Mon, 01 Jan 2024SEK 240.0bSEK 282.8b-SEK 23,167,536,425.0035.4x-10.4x0.8x
Wed, 29 Nov 2023SEK 199.3bSEK 282.8b-SEK 23,164,772,425.0033.4x-8.6x0.7x
Fri, 27 Oct 2023SEK 188.4bSEK 282.8b-SEK 23,158,109,962.0023.8x-8.1x0.7x
Sun, 24 Sep 2023SEK 213.7bSEK 286.1bSEK 12.7b22.4x16.8x0.7x
Tue, 22 Aug 2023SEK 205.5bSEK 286.1bSEK 12.7b22.8x16.2x0.7x
Thu, 20 Jul 2023SEK 199.3bSEK 286.1bSEK 12.7b25.5x15.7x0.7x
Sat, 17 Jun 2023SEK 225.5bSEK 284.0bSEK 17.9b27x12.6x0.8x
Mon, 15 May 2023SEK 210.4bSEK 283.9bSEK 17.9b29.1x11.8x0.7x
Wed, 12 Apr 2023SEK 233.2bSEK 276.1bSEK 19.2b26.7x12.1x0.8x
Fri, 10 Mar 2023SEK 229.1bSEK 276.0bSEK 19.2b31.6x11.9x0.8x
Sun, 05 Feb 2023SEK 236.6bSEK 275.9bSEK 19.1b36.6x12.4x0.9x
Tue, 03 Jan 2023SEK 232.0bSEK 261.1bSEK 23.1b34.5x10x0.9x
Thu, 01 Dec 2022SEK 238.2bSEK 260.8bSEK 23.1b33.2x10.3x0.9x
Sat, 29 Oct 2022SEK 224.3bSEK 260.6bSEK 23.1b30.7x9.7x0.9x
Mon, 26 Sep 2022SEK 243.9bSEK 248.7bSEK 23.6b35.9x10.4x1x
Wed, 24 Aug 2022SEK 286.0bSEK 248.7bSEK 23.6b48.3x12.1x1.1x
Fri, 22 Jul 2022SEK 279.3bSEK 248.6bSEK 23.6b44.3x11.9x1.1x
Price to Earnings Ratio

11.9x


Total Market Cap: SEK 279.3bTotal Earnings: SEK 23.6bTotal Revenue: SEK 248.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Equipment Industry Price to Earnings3Y Average 60.3x202320242025
Current Industry PE
  • Investors are optimistic on the Swedish Communications Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 146x which is higher than its 3-year average PE of 60.2x.
  • The 3-year average PS ratio of 0.96x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment 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 Comparison

How does Swedish Communications Equipment compare with similar industries?

SE Market0.99%
Tech-0.78%
Communications-5.26%
Communications Equipment-5.26%
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 38.3014.7%
+SEK 39.5m		62.3%PS2.4x
KEBNI B KebNiSEK 2.435.7%
+SEK 35.3m		60.6%PE821.9x
MAVEN Maven Wireless SwedenSEK 8.422.2%
+SEK 9.3m		-40.5%PS2.1x
INCOAX InCoax NetworksSEK 1.440.3%
+SEK 656.3k		-41.2%PS2x
F2M Free2move HoldingSEK 0.0313.3%
+SEK 243.5k		-16.2%PS0.4x

Latest News

WAYS
SEK 38.30
Waystream Holding
7D
14.7%
1Y
62.3%
HMS
SEK 415.00
HMS Networks
7D
-3.3%
1Y
0.4%
KEBNI B
SEK 2.43
KebNi
7D
5.7%
1Y
60.6%

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 14.20
TagMaster
7D
-1.4%
1Y
-16.5%

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 8.42
Maven Wireless Sweden
7D
2.2%
1Y
-40.5%
ERIC B
SEK 77.34
Telefonaktiebolaget LM Ericsson
7D
-5.8%
1Y
12.2%

These 4 Measures Indicate That Telefonaktiebolaget LM Ericsson (STO:ERIC B) Is Using Debt Reasonably Well

Jun 29
These 4 Measures Indicate That Telefonaktiebolaget LM Ericsson (STO:ERIC B) Is Using Debt Reasonably Well
NETI B
SEK 4.02
Net Insight
7D
-3.1%
1Y
-37.5%

Earnings Tell The Story For Net Insight AB (publ) (STO:NETI B) As Its Stock Soars 25%

Jun 21
Earnings Tell The Story For Net Insight AB (publ) (STO:NETI B) As Its Stock Soars 25%
INCOAX
SEK 1.44
InCoax Networks
7D
0.3%
1Y
-41.2%
HDW B
SEK 1.48
Hitech & Development Wireless Sweden Holding
7D
-1.7%
1Y
-86.3%
LUMEN
SEK 59.60
LumenRadio
7D
-1.8%
1Y
-45.8%
GAPW B
SEK 13.00
Gapwaves
7D
-1.8%
1Y
-28.4%
F2M
SEK 0.031
Free2move Holding
7D
3.3%
1Y
-16.2%