Downgrade: What You Need To Know About The Latest Thunderful Group AB (STO:THUNDR) Forecasts
Nov 20
Swedish (OMX) Technology Distributors Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies6
- 7D-1.2%
- 3M-42.5%
- 1Y-72.9%
- YTD-70.4%
Over the last 7 days, the Technology Distributors industry has dropped 1.2%, driven by declines in Alcadon Group and Dustin Group of 4.4% and 2.7%, respectively. In contrast, Thunderful Group has gained 5.4%. The industry has fallen 73% in the last year. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the Swedish Technology Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | kr2.6b | kr31.6b | kr155.4m | 9.9x | 17x | 0.08x |
| Tue, 31 Oct 2023 | kr3.3b | kr31.9b | kr299.4m | 11.6x | 11.1x | 0.1x |
| Thu, 28 Sep 2023 | kr4.2b | kr32.4b | kr368.3m | 12.1x | 11.3x | 0.1x |
| Sat, 26 Aug 2023 | kr4.6b | kr32.4b | kr367.8m | 11.4x | 12.4x | 0.1x |
| Mon, 24 Jul 2023 | kr5.9b | kr32.2b | kr409.6m | 13.2x | 14.3x | 0.2x |
| Wed, 21 Jun 2023 | kr5.4b | kr32.5b | kr466.9m | 12.4x | 11.5x | 0.2x |
| Fri, 19 May 2023 | kr6.3b | kr32.4b | kr493.4m | 13.5x | 12.8x | 0.2x |
| Sun, 16 Apr 2023 | kr7.1b | kr32.2b | kr474.2m | 14.5x | 15x | 0.2x |
| Tue, 14 Mar 2023 | kr3.1b | kr7.7b | kr159.1m | 15.8x | 19.6x | 0.4x |
| Thu, 09 Feb 2023 | kr3.5b | kr7.6b | kr106.3m | 25.9x | 32.6x | 0.5x |
| Sat, 07 Jan 2023 | kr3.5b | kr7.6b | kr106.3m | 26.1x | 33.2x | 0.5x |
| Mon, 05 Dec 2022 | kr3.6b | kr7.6b | kr106.3m | 26.9x | 33.6x | 0.5x |
| Wed, 02 Nov 2022 | kr3.7b | kr7.7b | kr143.7m | 23.8x | 25.5x | 0.5x |
| Fri, 30 Sep 2022 | kr3.5b | kr7.5b | kr161.6m | 18.4x | 21.9x | 0.5x |
| Sun, 28 Aug 2022 | kr4.1b | kr7.5b | kr161.0m | 23.3x | 25.4x | 0.5x |
| Tue, 26 Jul 2022 | kr4.0b | kr7.4b | kr213.4m | 22.3x | 18.9x | 0.5x |
| Thu, 23 Jun 2022 | kr3.9b | kr7.4b | kr213.6m | 20.4x | 18.4x | 0.5x |
| Sat, 21 May 2022 | kr4.3b | kr7.4b | kr213.6m | 24.2x | 20.2x | 0.6x |
| Mon, 18 Apr 2022 | kr5.8b | kr7.3b | kr238.2m | 22.1x | 24.3x | 0.8x |
| Wed, 16 Mar 2022 | kr5.6b | kr7.3b | kr250.3m | 23.4x | 22.4x | 0.8x |
| Fri, 11 Feb 2022 | kr6.8b | kr7.1b | kr235.2m | 24.5x | 29x | 1x |
| Sun, 09 Jan 2022 | kr8.4b | kr7.1b | kr237.8m | 34x | 35.4x | 1.2x |
| Tue, 07 Dec 2021 | kr7.8b | kr7.1b | kr237.8m | 32.8x | 33x | 1.1x |
| Thu, 04 Nov 2021 | kr8.3b | kr7.1b | kr245.6m | 33.4x | 33.8x | 1.2x |
| Sat, 02 Oct 2021 | kr8.0b | kr6.9b | kr244.6m | 28.2x | 32.8x | 1.2x |
| Mon, 30 Aug 2021 | kr7.4b | kr6.9b | kr244.6m | 29.2x | 30.2x | 1.1x |
| Tue, 06 Jul 2021 | kr6.7b | kr6.9b | kr244.6m | 22.2x | 27.4x | 1x |
| Fri, 09 Apr 2021 | kr6.4b | kr6.7b | kr256.3m | 19x | 25.1x | 1x |
| Thu, 31 Dec 2020 | kr7.2b | kr6.7b | kr254.1m | 16.8x | 28.4x | 1.1x |
Price to Earnings Ratio
13.9x
Current Industry PE
- Investors are pessimistic on the Swedish Technology Distributors 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 16.9x which is lower than its 3-year average PE of 23.9x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Technology Distributors industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 107% 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 Technology Distributors compare with similar industries?
| SE Market | 0.70% | |
| Tech | 0.76% | |
| Electronic Equipment and Components | 0.88% | |
| Technology Distributors | -1.16% | |
| Electronic Manufacturing Services | 0.97% | |
| Electronic Equipment and Instruments | 0.97% | |
| Electronic Components | -0.91% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| THUNDR Thunderful Group | kr5.68 | 5.4% +kr20.4m | -66.5% | PE3.7x | |
| IMSOL B Implementa Sol | kr0.20 | 32.7% +kr3.2m | -46.3% | PS0.9x | |
| CBTT B Christian Berner Tech Trade | kr28.30 | 0.4% +kr1.9m | 36.7% | PE14.6x |
