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Swedish (OMX) Electronic Equipment and Components Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies31
  • 7D4.0%
  • 3M-4.6%
  • 1Y-11.2%
  • YTD-4.1%

Over the last 7 days, the Electronic Equipment and Components industry has risen 4.0%, driven by gains from Hexagon of 5.0%. During this same period, the NCAB Group underperformed, falling 8.5%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026SEK 393.6bSEK 122.3bSEK 7.3b26.6x53.9x3.2x
Thu, 12 Feb 2026SEK 373.3bSEK 122.3bSEK 6.2b27.1x59.8x3.1x
Sat, 10 Jan 2026SEK 422.5bSEK 122.3bSEK 7.0b27.2x60.3x3.5x
Mon, 08 Dec 2025SEK 423.9bSEK 123.6bSEK 7.2b27.1x59.2x3.4x
Wed, 05 Nov 2025SEK 439.6bSEK 123.5bSEK 7.3b28.6x60x3.6x
Fri, 03 Oct 2025SEK 434.9bSEK 123.0bSEK 10.1b26.7x43x3.5x
Sun, 31 Aug 2025SEK 412.8bSEK 123.3bSEK 10.2b27.5x40.6x3.3x
Tue, 29 Jul 2025SEK 427.9bSEK 123.7bSEK 10.2b28.4x42.2x3.5x
Thu, 26 Jun 2025SEK 370.4bSEK 123.0bSEK 10.3b23.2x35.8x3x
Sat, 24 May 2025SEK 371.3bSEK 121.3bSEK 10.0b26.8x37x3.1x
Mon, 21 Apr 2025SEK 349.7bSEK 121.2bSEK 10.4b24.7x33.6x2.9x
Wed, 19 Mar 2025SEK 431.1bSEK 121.0bSEK 13.0b25.7x33.1x3.6x
Fri, 14 Feb 2025SEK 480.5bSEK 125.6bSEK 12.9b29.1x37.4x3.8x
Sun, 12 Jan 2025SEK 402.1bSEK 126.1bSEK 12.9b22.6x31.2x3.2x
Tue, 10 Dec 2024SEK 412.5bSEK 127.3bSEK 13.0b23.6x31.6x3.2x
Thu, 07 Nov 2024SEK 393.8bSEK 128.1bSEK 13.3b24.6x29.7x3.1x
Sat, 05 Oct 2024SEK 399.6bSEK 126.8bSEK 11.4b25.7x34.9x3.2x
Mon, 02 Sep 2024SEK 399.6bSEK 126.7bSEK 11.4b28.8x35.1x3.2x
Wed, 31 Jul 2024SEK 406.4bSEK 128.4bSEK 11.7b25x34.9x3.2x
Fri, 28 Jun 2024SEK 438.5bSEK 126.8bSEK 11.3b28.6x38.9x3.5x
Sun, 26 May 2024SEK 439.5bSEK 127.9bSEK 11.6b24.9x38x3.4x
Tue, 23 Apr 2024SEK 431.9bSEK 128.0bSEK 11.9b26.3x36.3x3.4x
Thu, 21 Mar 2024SEK 441.5bSEK 127.0bSEK 11.3b24.3x39x3.5x
Sat, 17 Feb 2024SEK 422.1bSEK 127.0bSEK 11.8b31.3x35.7x3.3x
Mon, 15 Jan 2024SEK 407.4bSEK 126.0bSEK 11.3b30.8x36x3.2x
Wed, 13 Dec 2023SEK 399.1bSEK 126.9bSEK 11.4b21.7x35.1x3.1x
Fri, 10 Nov 2023SEK 340.2bSEK 128.8bSEK 11.6b16.6x29.3x2.6x
Sun, 08 Oct 2023SEK 342.4bSEK 128.4bSEK 13.8b15.6x24.9x2.7x
Tue, 05 Sep 2023SEK 347.5bSEK 130.1bSEK 14.0b18.7x24.8x2.7x
Thu, 03 Aug 2023SEK 365.4bSEK 129.0bSEK 13.9b22.4x26.3x2.8x
Sat, 01 Jul 2023SEK 455.9bSEK 127.1bSEK 14.1b23.7x32.3x3.6x
Mon, 29 May 2023SEK 429.8bSEK 126.1bSEK 14.1b24.3x30.5x3.4x
Wed, 26 Apr 2023SEK 404.2bSEK 122.1bSEK 13.0b27.2x31.1x3.3x
Fri, 24 Mar 2023SEK 390.3bSEK 121.1bSEK 13.0b25.2x30x3.2x
Price to Earnings Ratio

30x


Total Market Cap: SEK 390.3bTotal Earnings: SEK 13.0bTotal Revenue: SEK 121.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electronic Equipment and Components Industry Price to Earnings3Y Average 37.2x202420252026
Current Industry PE
  • Investors are optimistic on the Swedish Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 53.9x which is higher than its 3-year average PE of 37.2x.
  • 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 declined 17% 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 Market0.51%
Tech4.38%
Electronic Equipment and Components4.00%
Electronic Equipment and Instruments4.66%
Technology Distributors0.016%
Electronic Manufacturing Services-1.63%
Electronic Components-7.60%
Industry PE
  • Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 53.7x.
    • Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings decline of 19.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 112% over the next 5 years.
  • This is better than its past earnings growth rate of 63% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 15% 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
HEXA B HexagonSEK 101.005.0%
+SEK 12.8b		-13.4%PE40.8x
MYCR MycronicSEK 215.909.1%
+SEK 3.5b		-2.1%PE27x
LAGR B Lagercrantz GroupSEK 207.602.3%
+SEK 948.3m		-5.1%PE37.4x
NOTE NOTESEK 188.702.6%
+SEK 134.2m		7.5%PE19.2x
SEYE Smart EyeSEK 56.503.3%
+SEK 109.3m		7.0%PS5.4x

Latest News

HANZA
SEK 161.20
Hanza
7D
0.9%
1Y
96.7%
EPEN
SEK 93.60
Ependion
7D
-4.4%
1Y
-27.3%
NOTE
SEK 188.70
NOTE
7D
2.6%
1Y
7.5%
UNIBAP
SEK 5.90
Unibap Space Solutions
7D
23.9%
1Y
-4.5%
ANOT
SEK 0.046
Anoto Group
7D
-16.9%
1Y
18.7%
MYCR
SEK 215.90
Mycronic
7D
9.1%
1Y
-2.1%

MYCR: Asian Orders And 2026 Guidance Will Support Steady Dividend Outlook

Analysts have maintained their SEK 215.00 price target for Mycronic. This reflects minor adjustments to assumptions regarding the discount rate, long-term growth and P/E, which did not meaningfully change their overall view of the shares.
HEXA B
SEK 101.00
Hexagon
7D
5.0%
1Y
-13.4%

HEXA B: Margin Resilience And Cost Execution Will Drive Future Upside Potential

Analysts have trimmed their Hexagon price targets by SEK 5, reflecting slightly softer assumptions on revenue growth and valuation multiples, which are partly offset by a small uplift in expected profit margins. Analyst Commentary Analysts are treating the SEK 5 cut to the Hexagon price target as a fine tuning of expectations rather than a fundamental reset, with tweaks across growth, margins and valuation multiples.
LAGR B
SEK 207.60
Lagercrantz Group
7D
2.3%
1Y
-5.1%
LEVEL
SEK 0.56
Nordic LEVEL Group AB (publ.)
7D
-6.0%
1Y
-3.9%
SEYE
SEK 56.50
Smart Eye
7D
3.3%
1Y
7.0%
FING B
SEK 16.85
Fingerprint Cards
7D
-8.4%
1Y
-34.2%
DUST
SEK 1.41
Dustin Group
7D
-2.1%
1Y
-64.3%
NCAB
SEK 50.15
NCAB Group
7D
-4.7%
1Y
-5.6%
SUSG
SEK 0.79
Sustainion Group
7D
-6.0%
1Y
46.3%
ALCA
SEK 32.20
Alcadon Group
7D
11.4%
1Y
34.2%
FRWA B
SEK 0.59
Frontwalker
7D
-4.0%
1Y
104.5%