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Swedish (OMX) Electronic Equipment and Instruments Industry Analysis

UpdatedMay 05, 2026
DataAggregated Company Financials
Companies22
  • 7D-1.5%
  • 3M5.7%
  • 1Y9.2%
  • YTDn/a

Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 2.4%, driven by a pullback from Hexagon of 2.3%. In contrast, Ependion has gained 22%. Over the past 12 months, the industry was up 11%. As for the next few years, earnings are forecast to decline by 2.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 May 2026SEK 380.0bSEK 84.8bSEK 24.9b29x15.3x4.5x
Thu, 02 Apr 2026SEK 342.4bSEK 84.7bSEK 9.2b29.1x37.1x4x
Sat, 28 Feb 2026SEK 371.2bSEK 83.4bSEK 9.0b29.3x41.3x4.5x
Mon, 26 Jan 2026SEK 369.9bSEK 83.9bSEK 9.7b25.2x38.2x4.4x
Wed, 24 Dec 2025SEK 385.9bSEK 85.2bSEK 9.8b26.1x39.2x4.5x
Fri, 21 Nov 2025SEK 391.6bSEK 86.2bSEK 10.0b26x39.3x4.5x
Sun, 19 Oct 2025SEK 397.0bSEK 85.6bSEK 12.8b24.9x31.1x4.6x
Tue, 16 Sep 2025SEK 398.8bSEK 85.1bSEK 12.7b24.4x31.4x4.7x
Thu, 14 Aug 2025SEK 396.4bSEK 86.4bSEK 12.8b29x30.9x4.6x
Sat, 12 Jul 2025SEK 374.6bSEK 85.4bSEK 13.1b25.8x28.7x4.4x
Mon, 09 Jun 2025SEK 360.4bSEK 85.0bSEK 12.9b24.8x27.8x4.2x
Wed, 07 May 2025SEK 342.1bSEK 83.6bSEK 12.7b26.3x27x4.1x
Fri, 04 Apr 2025SEK 356.8bSEK 82.6bSEK 13.0b24.8x27.5x4.3x
Sun, 02 Mar 2025SEK 431.5bSEK 84.7bSEK 13.2b27.5x32.7x5.1x
Tue, 28 Jan 2025SEK 420.9bSEK 86.0bSEK 13.4b23.9x31.3x4.9x
Thu, 26 Dec 2024SEK 378.6bSEK 86.3bSEK 13.5b22.6x28.1x4.4x
Sat, 23 Nov 2024SEK 336.2bSEK 86.1bSEK 13.6b21.3x24.7x3.9x
Mon, 21 Oct 2024SEK 366.2bSEK 85.7bSEK 11.8b27.7x31x4.3x
Wed, 18 Sep 2024SEK 357.9bSEK 85.1bSEK 11.7b27.8x30.6x4.2x
Fri, 16 Aug 2024SEK 363.1bSEK 86.5bSEK 12.0b26.3x30.3x4.2x
Sun, 14 Jul 2024SEK 420.8bSEK 86.1bSEK 11.8b29.7x35.7x4.9x
Tue, 11 Jun 2024SEK 408.5bSEK 84.8bSEK 11.5b28.5x35.6x4.8x
Thu, 09 May 2024SEK 411.4bSEK 87.0bSEK 11.9b28.9x34.5x4.7x
Sat, 06 Apr 2024SEK 412.6bSEK 85.1bSEK 11.5b33.3x36x4.8x
Mon, 04 Mar 2024SEK 405.7bSEK 83.2bSEK 11.2b29.9x36.4x4.9x
Wed, 31 Jan 2024SEK 374.8bSEK 82.7bSEK 10.3b34x36.2x4.5x
Fri, 29 Dec 2023SEK 393.1bSEK 81.4bSEK 10.2b33.7x38.7x4.8x
Sun, 26 Nov 2023SEK 339.7bSEK 83.6bSEK 10.4b28.8x32.7x4.1x
Tue, 24 Oct 2023SEK 304.9bSEK 84.1bSEK 12.7b23.7x24.1x3.6x
Thu, 21 Sep 2023SEK 311.5bSEK 85.0bSEK 12.8b24.8x24.3x3.7x
Sat, 19 Aug 2023SEK 320.7bSEK 85.2bSEK 12.9b30.9x24.9x3.8x
Mon, 17 Jul 2023SEK 378.9bSEK 81.5bSEK 12.6b34.2x30x4.7x
Wed, 14 Jun 2023SEK 418.4bSEK 81.3bSEK 12.8b33.8x32.8x5.1x
Fri, 12 May 2023SEK 373.7bSEK 79.2bSEK 12.4b29.9x30x4.7x
Price to Earnings Ratio

30x


Total Market Cap: SEK 373.7bTotal Earnings: SEK 12.4bTotal Revenue: SEK 79.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electronic Equipment and Instruments Industry Price to Earnings3Y Average 32.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Electronic Equipment and Instruments 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 15.5x which is lower than its 3-year average PE of 32.2x.
  • The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
  • The earnings for companies in the Electronic Equipment and Instruments industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 2.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Swedish Electronic Equipment and Instruments compare with similar industries?

SE Market-1.71%
Tech2.07%
Electronic Equipment and Components-1.55%
Electronic Equipment and Instruments-1.46%
Electronic Components-0.96%
Electronic Manufacturing Services-3.67%
Technology Distributors-4.07%
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
LAGR B Lagercrantz GroupSEK 241.803.2%
+SEK 1.6b		7.3%PE43.6x
MYCR MycronicSEK 293.002.1%
+SEK 1.2b		50.3%PE34.6x
EPEN EpendionSEK 132.006.5%
+SEK 257.2m		22.0%PE27.3x
SEYE Smart EyeSEK 62.851.1%
+SEK 27.1m		17.8%PS6x
BPCINS BPC InstrumentsSEK 36.006.5%
+SEK 24.4m		-7.5%PE42x

Latest News

GPX
SEK 8.15
Gasporox
7D
5.2%
1Y
9.0%
LAGR B
SEK 241.80
Lagercrantz Group
7D
3.2%
1Y
7.3%

LAGR B: Balanced Fair Value View As Acquisition-Led Expansion Will Continue

Analysts have nudged their price target on Lagercrantz Group higher to around SEK259 from about SEK245. This reflects updated assumptions that include slightly adjusted discount rates, revenue growth expectations and profit margin levels, alongside a marginally lower future P/E multiple.
PRIC B
SEK 3.78
Pricer
7D
-4.5%
1Y
-34.1%

PRIC B: Franchise And Canadian Rollout Will Drive Long Term Upside

Analysts have adjusted their price target for Pricer from SEK 6.25 to SEK 5.45. This reflects updated assumptions for a lower revenue growth rate, slimmer profit margins and a higher future P/E multiple.
FIRE
SEK 191.50
Firefly
7D
1.6%
1Y
-0.3%
EPEN
SEK 132.00
Ependion
7D
6.5%
1Y
22.0%
SERT
SEK 0.57
Serstech
7D
14.0%
1Y
-30.2%
MYCR
SEK 293.00
Mycronic
7D
2.1%
1Y
50.3%
HEXA B
SEK 97.60
Hexagon
7D
-1.4%
1Y
6.7%

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.
SEYE
SEK 62.85
Smart Eye
7D
1.1%
1Y
17.8%
LEVEL
SEK 0.50
Nordic LEVEL Group AB (publ.)
7D
-7.1%
1Y
-19.1%
SUSG
SEK 0.79
Sustainion Group
7D
-6.0%
1Y
46.3%
OURLIV
SEK 0.23
OurLiving
7D
-11.5%
1Y
180.5%
BPCINS
SEK 36.00
BPC Instruments
7D
6.5%
1Y
-7.5%
REALFI
SEK 3.17
Realfiction Holding
7D
-9.2%
1Y
-75.3%
UNIBAP
SEK 8.50
Unibap Space Solutions
7D
-0.6%
1Y
77.1%
ANOT
SEK 0.06
Anoto Group
7D
-4.9%
1Y
-24.7%