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Swedish (OMX) Electronic Equipment and Components Industry Analysis
UpdatedAug 06, 2024
DataAggregated Company Financials
Companies39
- 7D-7.1%
- 3M-15.2%
- 1Y-1.6%
- YTD-11.5%
Over the last 7 days, the Electronic Equipment and Components industry has dropped 7.1%, driven by a pullback from Hexagon of 6.8%. In contrast, JonDeTech Sensors has gained 95%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Swedish Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Aug 2024 | SEK 374.0b | SEK 128.0b | SEK 11.6b | 22.6x | 32.3x | 2.9x |
| Thu, 04 Jul 2024 | SEK 444.8b | SEK 126.3b | SEK 11.2b | 27.6x | 39.7x | 3.5x |
| Sat, 01 Jun 2024 | SEK 432.8b | SEK 127.0b | SEK 11.4b | 25.2x | 37.8x | 3.4x |
| Mon, 29 Apr 2024 | SEK 435.0b | SEK 128.4b | SEK 11.9b | 25.3x | 36.6x | 3.4x |
| Wed, 27 Mar 2024 | SEK 451.9b | SEK 127.7b | SEK 11.4b | 25x | 39.5x | 3.5x |
| Fri, 23 Feb 2024 | SEK 422.3b | SEK 126.5b | SEK 12.0b | 27.5x | 35.1x | 3.3x |
| Sun, 21 Jan 2024 | SEK 396.7b | SEK 126.7b | SEK 11.4b | 29.9x | 34.7x | 3.1x |
| Tue, 19 Dec 2023 | SEK 422.5b | SEK 126.3b | SEK 11.3b | 25x | 37.5x | 3.3x |
| Thu, 16 Nov 2023 | SEK 357.2b | SEK 127.8b | SEK 11.5b | 17.1x | 31.1x | 2.8x |
| Sat, 14 Oct 2023 | SEK 350.7b | SEK 127.6b | SEK 13.7b | 18x | 25.7x | 2.7x |
| Mon, 11 Sep 2023 | SEK 338.3b | SEK 130.2b | SEK 14.1b | 18.8x | 24x | 2.6x |
| Wed, 09 Aug 2023 | SEK 364.8b | SEK 129.0b | SEK 13.9b | 22.3x | 26.2x | 2.8x |
| Fri, 07 Jul 2023 | SEK 430.4b | SEK 127.9b | SEK 14.3b | 22.8x | 30.1x | 3.4x |
| Sun, 04 Jun 2023 | SEK 441.3b | SEK 125.9b | SEK 14.0b | 24.4x | 31.4x | 3.5x |
| Tue, 02 May 2023 | SEK 406.1b | SEK 123.7b | SEK 13.7b | 25.6x | 29.6x | 3.3x |
| Thu, 30 Mar 2023 | SEK 398.9b | SEK 121.6b | SEK 13.0b | 26x | 30.6x | 3.3x |
| Sat, 25 Feb 2023 | SEK 390.9b | SEK 96.1b | SEK 12.5b | 27.9x | 31.3x | 4.1x |
| Mon, 23 Jan 2023 | SEK 396.9b | SEK 92.8b | SEK 11.2b | 29.6x | 35.4x | 4.3x |
| Wed, 21 Dec 2022 | SEK 372.3b | SEK 92.4b | SEK 11.1b | 28.1x | 33.4x | 4x |
| Fri, 18 Nov 2022 | SEK 393.5b | SEK 92.1b | SEK 11.1b | 26.2x | 35.5x | 4.3x |
| Sun, 16 Oct 2022 | SEK 335.7b | SEK 87.7b | SEK 10.6b | 23.2x | 31.6x | 3.8x |
| Tue, 13 Sep 2022 | SEK 383.0b | SEK 85.8b | SEK 10.3b | 24x | 37.2x | 4.5x |
| Thu, 11 Aug 2022 | SEK 389.8b | SEK 84.5b | SEK 10.2b | 25.1x | 38.1x | 4.6x |
| Sat, 09 Jul 2022 | SEK 371.9b | SEK 82.3b | SEK 9.8b | 27.4x | 37.9x | 4.5x |
| Mon, 06 Jun 2022 | SEK 398.6b | SEK 81.3b | SEK 9.6b | 27.7x | 41.4x | 4.9x |
| Wed, 04 May 2022 | SEK 409.8b | SEK 80.3b | SEK 9.7b | 27.7x | 42.2x | 5.1x |
| Fri, 01 Apr 2022 | SEK 440.8b | SEK 77.3b | SEK 10.1b | 28.1x | 43.5x | 5.7x |
| Sun, 27 Feb 2022 | SEK 413.8b | SEK 78.3b | SEK 10.2b | 26.7x | 40.4x | 5.3x |
| Tue, 25 Jan 2022 | SEK 402.0b | SEK 74.2b | SEK 10.4b | 32.3x | 38.8x | 5.4x |
| Thu, 23 Dec 2021 | SEK 474.7b | SEK 73.2b | SEK 10.2b | 34.8x | 46.7x | 6.5x |
| Sat, 20 Nov 2021 | SEK 475.7b | SEK 72.4b | SEK 10.1b | 40.8x | 47.2x | 6.6x |
| Mon, 18 Oct 2021 | SEK 460.0b | SEK 69.4b | SEK 9.8b | 33.6x | 47x | 6.6x |
| Wed, 15 Sep 2021 | SEK 476.5b | SEK 70.1b | SEK 9.9b | 28.4x | 48.1x | 6.8x |
| Fri, 13 Aug 2021 | SEK 472.8b | SEK 70.1b | SEK 9.9b | 27.3x | 47.7x | 6.7x |
Price to Earnings Ratio
47.7x
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 32.3x which is lower than its 3-year average PE of 36.5x.
- The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 5.4% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Tech industry?
| SE Market | -6.69% | |
| Tech | -6.55% | |
| Electronic Equipment and Components | -7.10% | |
| Electronic Equipment and Instruments | -7.01% | |
| Technology Distributors | -7.56% | |
| Electronic Manufacturing Services | -7.69% | |
| Electronic Components | -8.96% | |
Industry PE
- Investors are most optimistic about the Electronic Components industry, which is trading close to its 3-year average PE ratio of 53.2x.
- Analysts are expecting annual earnings growth of 21.9%, which is higher than its past year's earnings decline of 21.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings growth rate of 4.9% per year.
- In contrast, the Electronic Equipment and Instruments industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| JDT JonDeTech Sensors | SEK 3.44 | 89.0% +SEK 27.7m | -80.8% | PS6.9x | |
| REALFI Realfiction Holding | SEK 15.32 | 3.1% +SEK 9.1m | -24.5% | PS16.6x | |
| RAYTL Raytelligence | SEK 0.93 | 48.7% +SEK 5.0m | -62.9% | PS27.8x |
