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Swedish (OMX) Communications Equipment Industry Analysis

UpdatedApr 17, 2026
DataAggregated Company Financials
Companies10
  • 7D-0.4%
  • 3M25.1%
  • 1Y39.3%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 2.0%, driven by a pullback from Telefonaktiebolaget LM Ericsson of 0.8%. In the past year, the industry has gained 36%. In the next few years, earnings are forecast to decline by 4.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 17 Apr 2026SEK 395.2bSEK 242.2bSEK 28.8b32.3x13.7x1.6x
Sun, 15 Mar 2026SEK 385.3bSEK 242.2bSEK 28.8b31.7x13.4x1.6x
Tue, 10 Feb 2026SEK 359.1bSEK 242.2bSEK 28.8b46x12.5x1.5x
Thu, 08 Jan 2026SEK 328.8bSEK 245.7bSEK 25.0b46.8x13.1x1.3x
Sat, 06 Dec 2025SEK 327.5bSEK 245.7bSEK 25.0b52.2x13.1x1.3x
Mon, 03 Nov 2025SEK 350.2bSEK 245.7bSEK 25.0b60.7x14x1.4x
Wed, 01 Oct 2025SEK 284.7bSEK 251.1bSEK 17.6b47.4x16.2x1.1x
Fri, 29 Aug 2025SEK 278.6bSEK 251.1bSEK 17.6b51.4x15.8x1.1x
Sun, 27 Jul 2025SEK 263.4bSEK 251.2bSEK 17.6b47.5x15x1x
Tue, 24 Jun 2025SEK 286.7bSEK 254.9bSEK 1.9b112.7x151.2x1.1x
Thu, 22 May 2025SEK 314.4bSEK 254.9bSEK 1.9b125.2x165.9x1.2x
Sat, 19 Apr 2025SEK 283.6bSEK 254.6bSEK 1.9b56.7x147.9x1.1x
Mon, 17 Mar 2025SEK 305.8bSEK 253.5bSEK 295.3m74.8x1035.6x1.2x
Wed, 12 Feb 2025SEK 313.2bSEK 253.6bSEK 294.5m68.5x1063.3x1.2x
Fri, 10 Jan 2025SEK 338.2bSEK 252.5b-SEK 1,052,139,568.0041x-321.4x1.3x
Sun, 08 Dec 2024SEK 329.7bSEK 252.5b-SEK 1,052,139,568.0042.6x-313.3x1.3x
Tue, 05 Nov 2024SEK 324.3bSEK 252.5b-SEK 1,032,762,568.0036.1x-314x1.3x
Thu, 03 Oct 2024SEK 278.2bSEK 255.1b-SEK 35,428,883,961.0037.1x-7.9x1.1x
Sat, 31 Aug 2024SEK 283.1bSEK 255.1b-SEK 35,428,883,961.0036.4x-8x1.1x
Mon, 29 Jul 2024SEK 265.8bSEK 255.1b-SEK 35,441,929,401.0037.6x-7.5x1x
Wed, 26 Jun 2024SEK 241.5bSEK 259.5b-SEK 24,911,100,401.0029.6x-9.7x0.9x
Fri, 24 May 2024SEK 241.7bSEK 259.5b-SEK 24,906,564,997.0030.6x-9.7x0.9x
Sun, 21 Apr 2024SEK 215.4bSEK 259.4b-SEK 24,913,077,227.0028x-8.6x0.8x
Tue, 19 Mar 2024SEK 213.7bSEK 268.8b-SEK 25,893,300,227.0027x-8.3x0.8x
Thu, 15 Feb 2024SEK 210.8bSEK 268.7b-SEK 25,927,009,425.0032.9x-8.1x0.8x
Sat, 13 Jan 2024SEK 244.4bSEK 282.8b-SEK 23,167,536,425.0032.4x-10.5x0.9x
Mon, 11 Dec 2023SEK 225.9bSEK 282.8b-SEK 23,164,772,425.0032.7x-9.8x0.8x
Wed, 08 Nov 2023SEK 193.6bSEK 282.8b-SEK 23,157,381,425.0023.4x-8.4x0.7x
Fri, 06 Oct 2023SEK 199.2bSEK 286.2bSEK 12.7b22.6x15.7x0.7x
Sun, 03 Sep 2023SEK 215.6bSEK 286.1bSEK 12.7b22.6x17x0.8x
Tue, 01 Aug 2023SEK 203.6bSEK 286.1bSEK 12.7b25.6x16x0.7x
Thu, 29 Jun 2023SEK 211.7bSEK 284.0bSEK 17.9b25.8x11.8x0.7x
Sat, 27 May 2023SEK 220.1bSEK 283.9bSEK 17.9b30.5x12.3x0.8x
Mon, 24 Apr 2023SEK 213.4bSEK 283.8bSEK 17.9b26.9x12x0.8x
Price to Earnings Ratio

12x


Total Market Cap: SEK 213.4bTotal Earnings: SEK 17.9bTotal Revenue: SEK 283.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Communications Equipment Industry Price to Earnings3Y Average 61.3x202420252026
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 13.5x which is lower than its 3-year average PE of 61.3x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Communications Equipment industry have grown 17% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.2% 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 Market2.66%
Tech3.99%
Communications-0.42%
Communications Equipment-0.42%
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
HMS HMS NetworksSEK 484.404.8%
+SEK 1.1b		38.4%PE55.9x
NETI B Net InsightSEK 2.723.4%
+SEK 30.6m		-39.9%PS1.8x
INCOAX InCoax NetworksSEK 0.6331.1%
+SEK 19.6m		-57.4%PS1.1x
GAPW B GapwavesSEK 11.564.5%
+SEK 18.2m		-11.6%PS4.6x
TAGM B TagMasterSEK 27.404.6%
+SEK 17.6m		128.3%PE18.9x

Latest News

HMS
SEK 484.40
HMS Networks
7D
4.8%
1Y
38.4%
WAYS
SEK 40.00
Waystream Holding
7D
-5.2%
1Y
53.3%
GAPW B
SEK 11.56
Gapwaves
7D
4.5%
1Y
-11.6%
ERIC B
SEK 110.25
Telefonaktiebolaget LM Ericsson
7D
-0.8%
1Y
40.3%
KEBNI B
SEK 1.03
KebNi
7D
-2.5%
1Y
-24.4%
MAVEN
SEK 4.84
Maven Wireless Sweden
7D
-2.0%
1Y
-46.8%
INCOAX
SEK 0.63
InCoax Networks
7D
31.1%
1Y
-57.4%
NETI B
SEK 2.72
Net Insight
7D
3.4%
1Y
-39.9%

NETI B: New CEO Transition And Live Media Rollout Will Drive Upside

Analysts have kept their SEK 4.25 price target for Net Insight broadly unchanged, pointing to only marginal adjustments in discount rate, revenue growth, profit margin and future P/E assumptions rather than any shift in their core view. What's in the News Net Insight introduced Nimbra Live Intelligence, described as an Open Media Platform for Live, aimed at treating live media operations as one predictable system across networks, clouds and organizations, with a focus on predictable behavior during congestion, failures and peak events (Key Developments).
LUMEN
SEK 60.80
LumenRadio
7D
-0.7%
1Y
-8.4%
TAGM B
SEK 27.40
TagMaster
7D
4.6%
1Y
128.3%

There's Been No Shortage Of Growth Recently For TagMaster's (STO:TAGM B) Returns On Capital

Feb 10
There's Been No Shortage Of Growth Recently For TagMaster's (STO:TAGM B) Returns On Capital
F2M
SEK 0.019
Free2move Holding
7D
-5.0%
1Y
-29.6%