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Swedish (OMX) Electronic Manufacturing Services Industry Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies2
  • 7D-2.5%
  • 3M9.7%
  • 1Y50.9%
  • YTDn/a

The Electronic Manufacturing Services industry is up 9.2% in the last week, with NOTE up 6.6%. During this same period, the Hanza underperformed, falling 7.4%. This takes the industry's 12 month performance to a gain of 62%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

Has the Swedish Electronic Manufacturing Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 16 Apr 2026SEK 14.6bSEK 9.8bSEK 527.0m28.2x27.7x1.5x
Sat, 14 Mar 2026SEK 15.1bSEK 9.8bSEK 527.0m29.3x28.6x1.5x
Mon, 09 Feb 2026SEK 13.6bSEK 9.3bSEK 482.0m30.5x28.2x1.5x
Wed, 07 Jan 2026SEK 11.0bSEK 9.4bSEK 469.0m24.1x23.4x1.2x
Fri, 05 Dec 2025SEK 10.9bSEK 9.4bSEK 469.0m23.8x23.1x1.2x
Sun, 02 Nov 2025SEK 11.4bSEK 9.4bSEK 469.0m25x24.3x1.2x
Tue, 30 Sep 2025SEK 9.8bSEK 9.0bSEK 420.0m24.3x23.3x1.1x
Thu, 28 Aug 2025SEK 10.4bSEK 9.0bSEK 420.0m25.8x24.7x1.1x
Sat, 26 Jul 2025SEK 10.6bSEK 9.0bSEK 420.0m26.3x25.2x1.2x
Mon, 23 Jun 2025SEK 8.4bSEK 8.8bSEK 366.0m25.2x23x1x
Wed, 21 May 2025SEK 8.2bSEK 8.8bSEK 366.0m24.8x22.5x0.9x
Fri, 18 Apr 2025SEK 8.4bSEK 8.8bSEK 359.0m25.2x23.4x1x
Sun, 16 Mar 2025SEK 8.6bSEK 8.8bSEK 359.0m26.8x24x1x
Tue, 11 Feb 2025SEK 7.9bSEK 8.5bSEK 375.0m22.6x21x0.9x
Thu, 09 Jan 2025SEK 7.8bSEK 8.6bSEK 393.0m21.8x19.9x0.9x
Sat, 07 Dec 2024SEK 7.0bSEK 8.6bSEK 393.0m19.4x17.8x0.8x
Mon, 04 Nov 2024SEK 6.9bSEK 8.6bSEK 393.0m19.3x17.6x0.8x
Wed, 02 Oct 2024SEK 5.6bSEK 8.7bSEK 424.0m14.3x13.3x0.7x
Fri, 30 Aug 2024SEK 6.5bSEK 8.7bSEK 424.0m16.7x15.4x0.8x
Sun, 28 Jul 2024SEK 6.8bSEK 8.7bSEK 424.0m16.8x16x0.8x
Tue, 25 Jun 2024SEK 7.0bSEK 8.6bSEK 488.0m14.4x14.3x0.8x
Thu, 23 May 2024SEK 7.1bSEK 8.6bSEK 488.0m14.6x14.5x0.8x
Sat, 20 Apr 2024SEK 6.4bSEK 8.4bSEK 513.0m12.5x12.6x0.8x
Mon, 18 Mar 2024SEK 6.8bSEK 8.4bSEK 534.0m12.7x12.7x0.8x
Wed, 14 Feb 2024SEK 7.4bSEK 8.4bSEK 534.0m14.1x13.9x0.9x
Fri, 12 Jan 2024SEK 7.4bSEK 8.3bSEK 535.2m14.2x13.7x0.9x
Sun, 10 Dec 2023SEK 8.7bSEK 8.3bSEK 535.2m16.6x16.3x1.1x
Tue, 07 Nov 2023SEK 7.1bSEK 8.2bSEK 512.2m14.1x13.8x0.9x
Thu, 05 Oct 2023SEK 7.2bSEK 8.1bSEK 487.2m14.7x14.7x0.9x
Sat, 02 Sep 2023SEK 7.8bSEK 8.1bSEK 487.2m16x16.1x1x
Mon, 31 Jul 2023SEK 8.7bSEK 8.1bSEK 487.2m18x17.8x1.1x
Wed, 28 Jun 2023SEK 9.7bSEK 7.7bSEK 444.2m21.7x21.8x1.3x
Fri, 26 May 2023SEK 10.6bSEK 7.7bSEK 444.2m23.7x24x1.4x
Sun, 23 Apr 2023SEK 9.5bSEK 7.5bSEK 404.2m24.1x23.5x1.3x
Price to Earnings Ratio

23.5x


Total Market Cap: SEK 9.5bTotal Earnings: SEK 404.2mTotal Revenue: SEK 7.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Electronic Manufacturing Services Industry Price to Earnings3Y Average 19.7x202420252026
Current Industry PE
    There are only 2 companies in the Swedish Electronic Manufacturing Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Electronic Manufacturing Services industry have grown 9.2% per year over the last three years.
  • Revenues for these companies have grown 9.6% 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 Manufacturing Services compare with similar industries?

SE Market1.70%
Tech0.61%
Electronic Equipment and Components2.40%
Electronic Manufacturing Services-2.46%
Electronic Components5.42%
Electronic Equipment and Instruments2.50%
Technology Distributors2.41%
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
NOTE NOTESEK 202.208.1%
+SEK 433.9m		13.7%PE20.5x

Latest News

HANZA
SEK 142.00
Hanza
7D
-10.0%
1Y
95.6%

HANZA: New Facility And Buybacks Will Support Measured Progress Toward 2028 Plan

Analysts have kept their Hanza price target steady at SEK 172, indicating only modest tweaks in their models around discount rate, revenue growth, profit margin and future P/E assumptions rather than any clear shift in outlook. What's in the News Hanza plans to start a share repurchase program on March 12, 2026, with authority to hold up to 5% of its shares and a specific market repurchase of up to 161,275 shares for a maximum of SEK 28m running until April 4, 2026, mainly to meet obligations under the LTIP 2023 share based program (Buyback Transaction Announcements).
NOTE
SEK 202.20
NOTE
7D
8.1%
1Y
13.7%

NOTE: Defense Order And Tighter Assumptions Will Guide Balanced Future Outlook

Analysts have trimmed their SEK price target on NOTE by SEK 2.00, citing revised expectations for future revenue growth, slightly higher profit margins, a modestly higher discount rate and a lower future P/E multiple in their updated models. Analyst Commentary Bearish analysts are framing the SEK 2.00 trim to NOTE's price target as a reflection of tighter assumptions around what the business can reasonably deliver, both on growth and on valuation.