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Swedish (OMX) Electronic Equipment and Components Industry Analysis

UpdatedNov 23, 2025
DataAggregated Company Financials
Companies34
  • 7D-2.6%
  • 3M-2.3%
  • 1Y12.8%
  • YTD0.9%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 2.6%, driven by a pullback from Hexagon of 2.1%. Meanwhile, Acconeer actually outperformed within the industry, gaining 14% in the last week. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Nov 2025SEK 415.6bSEK 123.6bSEK 7.2b25.8x57.7x3.4x
Tue, 21 Oct 2025SEK 427.3bSEK 122.9bSEK 10.2b26.9x42x3.5x
Thu, 18 Sep 2025SEK 424.5bSEK 122.8bSEK 10.1b26.4x42.1x3.5x
Sat, 16 Aug 2025SEK 416.9bSEK 123.9bSEK 10.2b30.1x41x3.4x
Mon, 14 Jul 2025SEK 395.3bSEK 123.5bSEK 10.6b24.9x37.3x3.2x
Wed, 11 Jun 2025SEK 385.1bSEK 122.5bSEK 10.2b25.2x37.6x3.1x
Fri, 09 May 2025SEK 365.1bSEK 121.5bSEK 9.9b26.2x36.7x3x
Sun, 06 Apr 2025SEK 368.7bSEK 121.4bSEK 10.4b23x35.3x3x
Tue, 04 Mar 2025SEK 453.5bSEK 121.4bSEK 12.9b26.4x35.1x3.7x
Thu, 30 Jan 2025SEK 442.8bSEK 125.9bSEK 12.9b22.8x34.5x3.5x
Sat, 28 Dec 2024SEK 403.9bSEK 127.0bSEK 13.0b22.6x31.1x3.2x
Mon, 25 Nov 2024SEK 358.6bSEK 127.1bSEK 13.2b21.3x27.2x2.8x
Wed, 23 Oct 2024SEK 387.1bSEK 126.5bSEK 11.3b25x34.2x3.1x
Fri, 20 Sep 2024SEK 393.2bSEK 126.6bSEK 11.4b25.9x34.5x3.1x
Sun, 18 Aug 2024SEK 391.3bSEK 127.5bSEK 11.4b24.4x34.3x3.1x
Tue, 16 Jul 2024SEK 441.3bSEK 127.9bSEK 11.6b25.5x38.1x3.4x
Thu, 13 Jun 2024SEK 437.6bSEK 126.0bSEK 11.1b25.4x39.4x3.5x
Sat, 11 May 2024SEK 444.6bSEK 128.5bSEK 11.8b26.3x37.6x3.5x
Mon, 08 Apr 2024SEK 440.1bSEK 128.0bSEK 11.5b28.2x38.3x3.4x
Wed, 06 Mar 2024SEK 425.3bSEK 126.6bSEK 11.3b26.5x37.7x3.4x
Fri, 02 Feb 2024SEK 413.8bSEK 126.5bSEK 11.2b31.1x37x3.3x
Sun, 31 Dec 2023SEK 422.7bSEK 126.1bSEK 11.2b26.8x37.6x3.4x
Tue, 28 Nov 2023SEK 363.4bSEK 127.7bSEK 11.4b18.5x31.9x2.8x
Thu, 26 Oct 2023SEK 329.1bSEK 128.9bSEK 13.9b15.4x23.7x2.6x
Sat, 23 Sep 2023SEK 329.2bSEK 129.9bSEK 14.0b18.3x23.5x2.5x
Mon, 21 Aug 2023SEK 345.9bSEK 130.2bSEK 14.1b20.9x24.5x2.7x
Wed, 19 Jul 2023SEK 391.7bSEK 125.8bSEK 13.8b24.7x28.3x3.1x
Fri, 16 Jun 2023SEK 454.6bSEK 126.5bSEK 14.0b24.2x32.4x3.6x
Sun, 14 May 2023SEK 407.9bSEK 123.8bSEK 13.7b24.4x29.7x3.3x
Tue, 11 Apr 2023SEK 404.2bSEK 122.3bSEK 13.1b26.7x30.8x3.3x
Thu, 09 Mar 2023SEK 397.6bSEK 97.3bSEK 12.7b27.3x31.2x4.1x
Sat, 04 Feb 2023SEK 423.5bSEK 96.9bSEK 12.7b30.6x33.3x4.4x
Mon, 02 Jan 2023SEK 368.4bSEK 92.9bSEK 11.2b28.7x32.9x4x
Wed, 30 Nov 2022SEK 392.6bSEK 91.6bSEK 11.0b28.4x35.7x4.3x
Price to Earnings Ratio

35.7x


Total Market Cap: SEK 392.6bTotal Earnings: SEK 11.0bTotal Revenue: SEK 91.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electronic Equipment and Components Industry Price to Earnings3Y Average 34.7x202320242025
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 57.7x which is higher than its 3-year average PE of 34.7x.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% per year.
  • This means that although more sales are being generated, 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 Market-2.45%
Tech-3.00%
Electronic Equipment and Components-2.60%
Electronic Equipment and Instruments-2.49%
Electronic Manufacturing Services-3.37%
Electronic Components-4.44%
Technology Distributors-5.40%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 51.4x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings decline of 30.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 72% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 18% 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
ACCON AcconeerSEK 12.0814.4%
+SEK 111.1m		119.6%PS17.3x
INT Intellego TechnologiesSEK 46.555.0%
+SEK 73.4m		20.0%PE5.3x
SGG Sensys Gatso GroupSEK 40.308.9%
+SEK 38.1m		-18.0%PS0.6x
BPCINS BPC InstrumentsSEK 36.006.5%
+SEK 24.4m		-7.5%PE42x
PRIC B PricerSEK 4.022.9%
+SEK 18.9m		-64.7%PE28.6x

Latest News

LAGR B
SEK 207.20
Lagercrantz Group
7D
-3.8%
1Y
6.9%
SEYE
SEK 70.45
Smart Eye
7D
-19.1%
1Y
18.8%
INT
SEK 46.55
Intellego Technologies
7D
5.0%
1Y
20.0%
SGG
SEK 40.30
Sensys Gatso Group
7D
8.9%
1Y
-18.0%
DUST
SEK 1.69
Dustin Group
7D
-6.8%
1Y
-73.5%
NCAB
SEK 50.85
NCAB Group
7D
-5.9%
1Y
-10.4%

With NCAB Group AB (publ) (STO:NCAB) It Looks Like You'll Get What You Pay For

Nov 18
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HEXA B
SEK 110.20
Hexagon
7D
-2.1%
1Y
20.0%

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Nov 16
Calculating The Intrinsic Value Of Hexagon AB (publ) (STO:HEXA B)
QSYS
SEK 57.00
Qualisys Holding
7D
1.6%
1Y
n/a
HANZA
SEK 116.40
Hanza
7D
-6.1%
1Y
71.1%

HANZA: Upcoming Defense Industry Deals And Margins Shifts Signal Balanced Outlook

Analysts have revised Hanza's price target to $120.25, maintaining the previous estimate. They cite largely stable forecasts for fair value and revenue growth, along with a modest increase in the discount rate, offset by a narrower projected profit margin and a higher future price-to-earnings ratio.
UNIBAP
SEK 7.30
Unibap Space Solutions
7D
2.0%
1Y
114.1%
PRIC B
SEK 4.02
Pricer
7D
2.9%
1Y
-64.7%
MYCR
SEK 202.75
Mycronic
7D
-2.9%
1Y
4.3%

MYCR: Net Profit Margins And Orders Will Support Steady Outlook Through 2025

Analysts have slightly raised their price target for Mycronic from SEK 216.67 to SEK 217.33. They cite improved profit margin forecasts and a more favorable future price-to-earnings outlook.
BERNER B
SEK 72.60
Berner Industrier
7D
-5.7%
1Y
138.0%
ACCON
SEK 12.08
Acconeer
7D
14.4%
1Y
119.6%
SHT B
SEK 15.50
SHT Smart High-Tech
7D
3.3%
1Y
-34.6%
BPCINS
SEK 36.00
BPC Instruments
7D
6.5%
1Y
-7.5%