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Swedish (OMX) Electronic Equipment and Components Industry Analysis

UpdatedMay 01, 2026
DataAggregated Company Financials
Companies31
  • 7D-2.9%
  • 3M6.9%
  • 1Y12.5%
  • YTD1.4%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.9%, driven by Hexagon declining 5.4%. In contrast, Mycronic has gained 6.6%. Over the past 12 months, the industry was up 12%. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Swedish Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 May 2026SEK 416.0bSEK 122.8bSEK 25.5b26.3x16.3x3.4x
Sun, 29 Mar 2026SEK 361.0bSEK 122.8bSEK 7.4b26.7x49.1x2.9x
Tue, 24 Feb 2026SEK 385.0bSEK 121.4bSEK 6.6b29.9x57.9x3.2x
Thu, 22 Jan 2026SEK 392.2bSEK 122.7bSEK 7.0b27.5x55.9x3.2x
Sat, 20 Dec 2025SEK 410.7bSEK 123.1bSEK 7.1b26.5x57.8x3.3x
Mon, 17 Nov 2025SEK 426.5bSEK 123.5bSEK 7.2b27.3x59.3x3.5x
Wed, 15 Oct 2025SEK 419.6bSEK 123.3bSEK 10.2b26.9x41x3.4x
Fri, 12 Sep 2025SEK 423.6bSEK 122.5bSEK 10.0b26.1x42.3x3.5x
Sun, 10 Aug 2025SEK 423.9bSEK 123.7bSEK 10.2b28.9x41.7x3.4x
Tue, 08 Jul 2025SEK 383.4bSEK 122.8bSEK 10.4b24.4x36.9x3.1x
Thu, 05 Jun 2025SEK 382.0bSEK 122.4bSEK 10.2b24.6x37.4x3.1x
Sat, 03 May 2025SEK 368.4bSEK 121.4bSEK 9.9b25.9x37.1x3x
Mon, 31 Mar 2025SEK 413.7bSEK 120.2bSEK 12.9b25.9x32.2x3.4x
Wed, 26 Feb 2025SEK 455.9bSEK 122.1bSEK 12.7b27x36x3.7x
Fri, 24 Jan 2025SEK 442.0bSEK 125.9bSEK 12.9b23.4x34.3x3.5x
Sun, 22 Dec 2024SEK 401.5bSEK 127.2bSEK 13.0b22.4x30.8x3.2x
Tue, 19 Nov 2024SEK 365.6bSEK 126.9bSEK 13.2b21.6x27.6x2.9x
Thu, 17 Oct 2024SEK 387.0bSEK 126.7bSEK 11.3b25.7x34.1x3.1x
Sat, 14 Sep 2024SEK 388.2bSEK 126.6bSEK 11.4b25.3x34.1x3.1x
Mon, 12 Aug 2024SEK 382.0bSEK 127.5bSEK 11.6b23.5x33.1x3x
Wed, 10 Jul 2024SEK 439.3bSEK 126.9bSEK 11.3b27.4x38.9x3.5x
Fri, 07 Jun 2024SEK 438.3bSEK 126.4bSEK 11.2b25.6x39.2x3.5x
Sun, 05 May 2024SEK 424.6bSEK 128.0bSEK 11.8b26.1x35.8x3.3x
Tue, 02 Apr 2024SEK 452.2bSEK 128.0bSEK 11.5b25.3x39.3x3.5x
Thu, 29 Feb 2024SEK 426.6bSEK 126.2bSEK 11.1b30.7x38.3x3.4x
Sat, 27 Jan 2024SEK 406.7bSEK 126.4bSEK 11.4b30.2x35.8x3.2x
Mon, 25 Dec 2023SEK 416.6bSEK 125.5bSEK 11.1b26.2x37.4x3.3x
Wed, 22 Nov 2023SEK 357.1bSEK 127.8bSEK 11.5b17.8x31x2.8x
Fri, 20 Oct 2023SEK 332.3bSEK 127.9bSEK 13.7b15x24.3x2.6x
Sun, 17 Sep 2023SEK 337.8bSEK 130.3bSEK 14.1b18.2x24x2.6x
Tue, 15 Aug 2023SEK 364.3bSEK 129.4bSEK 14.0b22.3x26.1x2.8x
Thu, 13 Jul 2023SEK 407.6bSEK 126.0bSEK 13.9b22.7x29.3x3.2x
Sat, 10 Jun 2023SEK 438.8bSEK 126.3bSEK 14.1b24.8x31x3.5x
Mon, 08 May 2023SEK 406.4bSEK 123.5bSEK 13.7b24.7x29.7x3.3x
Price to Earnings Ratio

29.7x


Total Market Cap: SEK 406.4bTotal Earnings: SEK 13.7bTotal Revenue: SEK 123.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electronic Equipment and Components Industry Price to Earnings3Y Average 37.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Electronic 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 16.3x which is lower than its 3-year average PE of 37.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have grown 23% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Swedish Tech industry?

SE Market-2.77%
Tech-0.44%
Electronic Equipment and Components-2.88%
Electronic Components-0.51%
Electronic Equipment and Instruments-2.79%
Electronic Manufacturing Services-6.11%
Technology Distributors-6.94%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 55.1x.
    • Analysts are expecting annual earnings growth of 23.8%, which is higher than its past year's earnings growth of 5.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 78% over the next 5 years.
  • This is better than its past earnings growth rate of 57% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings decline by 2.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MYCR MycronicSEK 289.006.6%
+SEK 3.5b		50.3%PE34.1x
EPEN EpendionSEK 127.0010.8%
+SEK 398.7m		10.1%PE26.3x
LAGR B Lagercrantz GroupSEK 241.200.4%
+SEK 206.2m		10.0%PE43.5x
SEYE Smart EyeSEK 64.358.5%
+SEK 195.3m		11.9%PS6.2x
ACCON AcconeerSEK 13.9816.3%
+SEK 149.2m		174.1%PS17x

Latest News

EPEN
SEK 127.00
Ependion
7D
10.8%
1Y
10.1%
SGG
SEK 39.15
Sensys Gatso Group
7D
8.1%
1Y
-8.7%
SERT
SEK 0.56
Serstech
7D
37.3%
1Y
-30.9%
LAGR B
SEK 241.20
Lagercrantz Group
7D
0.4%
1Y
10.0%
MYCR
SEK 289.00
Mycronic
7D
6.6%
1Y
50.3%
BERNER B
SEK 78.50
Berner Industrier
7D
-16.0%
1Y
49.8%
HEXA B
SEK 99.24
Hexagon
7D
-5.4%
1Y
5.9%

HEXA B: Fair Value View Will Balance Pricing Risk And Execution Uncertainty

Analysts have lowered their Hexagon price targets by SEK 10 and SEK 5, citing weaker revenue expectations, slightly higher assumed profit margins, and a higher future P/E. Taken together, these factors result in a modest reduction in the updated fair value estimate.
HANZA
SEK 136.20
Hanza
7D
-4.2%
1Y
88.9%

HANZA: 2028 Expansion And Capital Returns Will Likely Remain Finely Balanced

Analysts have raised their price target on Hanza from SEK 147 to SEK 149, citing updated assumptions regarding fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News Hanza plans to commence a share repurchase program on March 12, 2026, with authority to hold up to 5% of its own shares.
ALCA
SEK 32.50
Alcadon Group
7D
-3.8%
1Y
74.7%
ACCON
SEK 13.98
Acconeer
7D
16.3%
1Y
174.1%
NOTE
SEK 170.60
NOTE
7D
-9.3%
1Y
6.0%

NOTE AB (publ) Just Missed EPS By 7.8%: Here's What Analysts Think Will Happen Next

Apr 26
NOTE AB (publ) Just Missed EPS By 7.8%: Here's What Analysts Think Will Happen Next
NCAB
SEK 72.10
NCAB Group
7D
-1.6%
1Y
69.6%

NCAB: Fair Outlook As M&A Plans And Dividend Offset Cautious Downgrade

Analysts now set a higher price target for NCAB Group, lifting it from SEK 61.25 to SEK 74.00, citing updated assumptions on revenue growth, profit margins, and a slightly adjusted discount rate, even though some recent research, such as Nordea's downgrade, reflects more cautious views on the shares. Analyst Commentary Bullish Takeaways Bullish analysts view the raised target of SEK 74.00 as reflecting updated assumptions on revenue and margins that, in their view, are not yet fully reflected in the current share price.
SEYE
SEK 64.35
Smart Eye
7D
8.5%
1Y
11.9%
DUST
SEK 1.67
Dustin Group
7D
-2.2%
1Y
-51.6%
BPCINS
SEK 36.00
BPC Instruments
7D
6.5%
1Y
-7.5%
UNIBAP
SEK 8.14
Unibap Space Solutions
7D
-6.4%
1Y
61.5%