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Swedish (OMX) Electronic Equipment and Components Industry Analysis

UpdatedJun 16, 2026
DataAggregated Company Financials
Companies31
  • 7D-3.0%
  • 3M-4.7%
  • 1Y2.5%
  • YTD-8.3%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 4.4%, driven by a pullback from Hexagon of 5.4%. Meanwhile, Mycronic actually outperformed within the industry, gaining 5.3% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are forecast to decline by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jun 2026SEK 376.2bSEK 124.7bSEK 25.8b29.4x14.6x3x
Thu, 14 May 2026SEK 438.5bSEK 124.6bSEK 25.8b29.1x17x3.5x
Sat, 11 Apr 2026SEK 387.3bSEK 122.6bSEK 7.3b29.8x52.7x3.2x
Mon, 09 Mar 2026SEK 387.4bSEK 121.5bSEK 7.2b27.2x53.7x3.2x
Wed, 04 Feb 2026SEK 389.2bSEK 121.8bSEK 6.4b26.5x61.1x3.2x
Fri, 02 Jan 2026SEK 420.2bSEK 122.9bSEK 7.1b27.7x59.4x3.4x
Sun, 30 Nov 2025SEK 422.0bSEK 123.7bSEK 7.2b26.9x58.9x3.4x
Tue, 28 Oct 2025SEK 456.8bSEK 122.8bSEK 7.0b29x65.4x3.7x
Thu, 25 Sep 2025SEK 437.8bSEK 123.1bSEK 10.1b27.6x43.2x3.6x
Sat, 23 Aug 2025SEK 424.6bSEK 123.5bSEK 10.1b28.7x42x3.4x
Mon, 21 Jul 2025SEK 405.4bSEK 123.8bSEK 10.6b25.2x38.2x3.3x
Wed, 18 Jun 2025SEK 369.3bSEK 122.5bSEK 10.2b24x36.1x3x
Fri, 16 May 2025SEK 388.8bSEK 121.3bSEK 10.0b28x38.9x3.2x
Sun, 13 Apr 2025SEK 333.7bSEK 121.8bSEK 10.5b21.9x31.7x2.7x
Tue, 11 Mar 2025SEK 433.1bSEK 120.9bSEK 13.0b27x33.3x3.6x
Thu, 06 Feb 2025SEK 473.9bSEK 125.8bSEK 12.9b24x36.6x3.8x
Sat, 04 Jan 2025SEK 402.0bSEK 126.8bSEK 13.0b23.7x31x3.2x
Mon, 02 Dec 2024SEK 361.8bSEK 127.3bSEK 13.1b21.7x27.6x2.8x
Wed, 30 Oct 2024SEK 412.4bSEK 127.5bSEK 13.5b24.8x30.6x3.2x
Fri, 27 Sep 2024SEK 405.4bSEK 126.4bSEK 11.4b26x35.7x3.2x
Sun, 25 Aug 2024SEK 392.3bSEK 127.0bSEK 11.4b26.6x34.3x3.1x
Tue, 23 Jul 2024SEK 436.3bSEK 128.6bSEK 11.7b25.2x37.3x3.4x
Thu, 20 Jun 2024SEK 436.7bSEK 125.9bSEK 11.1b28x39.3x3.5x
Sat, 18 May 2024SEK 436.1bSEK 128.1bSEK 11.6b25.4x37.7x3.4x
Mon, 15 Apr 2024SEK 441.2bSEK 127.3bSEK 11.5b28.4x38.2x3.5x
Wed, 13 Mar 2024SEK 445.5bSEK 126.1bSEK 11.2b24.6x39.8x3.5x
Fri, 09 Feb 2024SEK 418.8bSEK 126.7bSEK 11.6b31x36.2x3.3x
Sun, 07 Jan 2024SEK 404.8bSEK 126.6bSEK 11.3b26.2x35.8x3.2x
Tue, 05 Dec 2023SEK 366.9bSEK 127.0bSEK 11.4b17.4x32.2x2.9x
Thu, 02 Nov 2023SEK 318.7bSEK 130.0bSEK 11.8b15.5x27x2.5x
Sat, 30 Sep 2023SEK 339.1bSEK 128.0bSEK 13.7b17.1x24.8x2.6x
Mon, 28 Aug 2023SEK 339.4bSEK 130.3bSEK 14.1b24.3x24.1x2.6x
Wed, 26 Jul 2023SEK 402.5bSEK 126.4bSEK 13.8b25.1x29.3x3.2x
Fri, 23 Jun 2023SEK 436.4bSEK 127.2bSEK 14.1b23.6x30.8x3.4x
Price to Earnings Ratio

30.8x


Total Market Cap: SEK 436.4bTotal Earnings: SEK 14.1bTotal Revenue: SEK 127.2bTotal 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 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 14.4x which is lower 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 grown 22% 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 Market0.75%
Tech-3.07%
Electronic Equipment and Components-3.03%
Technology Distributors-0.12%
Electronic Components-2.14%
Electronic Equipment and Instruments-2.69%
Electronic Manufacturing Services-12.21%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 57.4x.
    • 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 82% over the next 5 years.
  • This is better than its past earnings growth rate of 36% per year.
  • In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings decline by 16% 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 315.805.3%
+SEK 3.1b		72.5%PE37.3x
SEYE Smart EyeSEK 86.703.7%
+SEK 119.9m		32.3%PS7.6x
NCAB NCAB GroupSEK 83.300.7%
+SEK 112.2m		84.3%PE68.1x
QSYS Qualisys HoldingSEK 52.307.4%
+SEK 36.0m		-25.7%PE16.4x
BERNER B Berner IndustrierSEK 78.201.7%
+SEK 24.8m		41.7%PE20.5x

Latest News

HEXA B
SEK 80.00
Hexagon
7D
-5.4%
1Y
-14.7%
QSYS
SEK 52.30
Qualisys Holding
7D
7.4%
1Y
-25.7%
ALCA
SEK 31.60
Alcadon Group
7D
-2.8%
1Y
35.6%
BERNER B
SEK 78.20
Berner Industrier
7D
1.7%
1Y
41.7%
PRIC B
SEK 3.52
Pricer
7D
3.4%
1Y
-37.7%
NCAB
SEK 83.30
NCAB Group
7D
0.7%
1Y
84.3%
MYCR
SEK 315.80
Mycronic
7D
5.3%
1Y
72.5%
Narrative Update • Jun 07

MYCR: Sector Downgrades And Higher Risk Perceptions Will Pressure Future Upside

Analysts have trimmed their stance on Mycronic, nudging the SEK 260.25 price target lower in line with a slightly higher discount rate and more cautious sector views following several recent rating downgrades. Analyst Commentary Recent research has taken a more cautious tone on Mycronic, with several downgrades pointing to higher required returns and more conservative sector assumptions feeding into valuation work.
LAGR B
SEK 250.00
Lagercrantz Group
7D
-0.3%
1Y
13.6%
Narrative Update • Jun 06

LAGR B: Fair Outlook Will Balance Dividend Prospects And Margin Assumptions

Analysts have lifted their SEK based price target for Lagercrantz Group from about SEK 259 to about SEK 275, reflecting updated assumptions that include a slightly higher discount rate, more moderate revenue growth, a somewhat higher profit margin and a marginally higher future P/E multiple. What's in the News Lagercrantz Group AB (publ) declared an annual dividend of SEK 2.50 per share, with payment scheduled for September 1, 2026.
NOTE
SEK 166.30
NOTE
7D
-8.5%
1Y
0.9%
Narrative Update • Jun 02

NOTE: Refined Risk Profile Will Support Future Upside Potential

Analysts reduced their SEK price target on NOTE by SEK 5.50, citing updated views on the company’s risk profile and earnings potential. These changes are now reflected in slightly lower P/E and discount rate assumptions.
HANZA
SEK 150.40
Hanza
7D
-14.0%
1Y
88.0%
Narrative Update • Jun 02

HANZA: Share Repurchases And 2028 Guidance Will Support Measured Progress

Analysts have adjusted their price target for Hanza to SEK189 from SEK172, citing updated assumptions around revenue growth, profit margins and future P/E expectations. These factors feed into a higher assessed fair value and a revised discount rate.
EPEN
SEK 147.40
Ependion
7D
-2.1%
1Y
41.5%
SEYE
SEK 86.70
Smart Eye
7D
3.7%
1Y
32.3%
Analysis Article • May 21

Smart Eye AB (publ) (STO:SEYE) Released Earnings Last Week And Analysts Lifted Their Price Target To kr114

The investors in Smart Eye AB (publ) 's ( STO:SEYE ) will be rubbing their hands together with glee today, after the...
UNIBAP
SEK 10.24
Unibap Space Solutions
7D
-19.2%
1Y
46.3%
ACCON
SEK 18.54
Acconeer
7D
-25.5%
1Y
218.0%
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%