Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Swedish (OMX) IT Industry Analysis

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies29
  • 7D0.8%
  • 3M-4.0%
  • 1Y-16.7%
  • YTD-3.9%

Last week, the IT industry hasn't moved much but InfraCom Group is up 14% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Swedish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025SEK 32.4bSEK 29.3bSEK 1.4b16.2x23.9x1.1x
Mon, 05 May 2025SEK 30.3bSEK 29.2bSEK 1.1b16.4x27.5x1x
Wed, 02 Apr 2025SEK 32.5bSEK 30.5bSEK 1.2b15.2x27.2x1.1x
Fri, 28 Feb 2025SEK 34.0bSEK 30.5bSEK 1.5b15.5x22.8x1.1x
Sun, 26 Jan 2025SEK 32.6bSEK 31.1bSEK 1.4b15.5x23.1x1x
Tue, 24 Dec 2024SEK 33.4bSEK 31.2bSEK 1.3b15.2x25.2x1.1x
Thu, 21 Nov 2024SEK 32.7bSEK 30.9bSEK 1.4b15x23.8x1.1x
Sat, 19 Oct 2024SEK 35.0bSEK 30.8bSEK 1.3b16.6x26.9x1.1x
Mon, 16 Sep 2024SEK 35.4bSEK 30.0bSEK 1.2b20x29.3x1.2x
Wed, 14 Aug 2024SEK 34.3bSEK 29.7bSEK 1.2b20.8x29.1x1.2x
Fri, 12 Jul 2024SEK 39.1bSEK 29.2bSEK 524.4m19.8x74.6x1.3x
Sun, 09 Jun 2024SEK 37.4bSEK 29.1bSEK 525.6m19.6x71.2x1.3x
Tue, 07 May 2024SEK 35.7bSEK 29.5bSEK 809.0m16.5x44.1x1.2x
Thu, 04 Apr 2024SEK 36.6bSEK 30.2bSEK 924.0m16.8x39.6x1.2x
Sat, 02 Mar 2024SEK 35.7bSEK 30.1bSEK 910.7m16.1x39.2x1.2x
Mon, 29 Jan 2024SEK 32.2bSEK 30.5bSEK 606.9m15.6x53x1.1x
Wed, 27 Dec 2023SEK 30.9bSEK 30.5bSEK 608.7m15.8x50.8x1x
Fri, 24 Nov 2023SEK 28.8bSEK 30.4bSEK 584.4m14.6x49.3x0.9x
Sun, 22 Oct 2023SEK 24.9bSEK 30.1bSEK 687.8m13.8x36.3x0.8x
Tue, 19 Sep 2023SEK 25.8bSEK 30.1bSEK 677.2m14x38.1x0.9x
Thu, 17 Aug 2023SEK 28.7bSEK 29.7bSEK 675.7m15.1x42.4x1x
Sat, 15 Jul 2023SEK 29.7bSEK 29.5bSEK 1.4b13.5x20.7x1x
Mon, 12 Jun 2023SEK 36.7bSEK 29.1bSEK 1.5b14.4x24.9x1.3x
Wed, 10 May 2023SEK 38.1bSEK 28.9bSEK 1.5b15.5x26.1x1.3x
Fri, 07 Apr 2023SEK 40.2bSEK 26.9bSEK 1.4b17.1x28.3x1.5x
Sun, 05 Mar 2023SEK 40.5bSEK 26.9bSEK 1.4b19.6x28.2x1.5x
Tue, 31 Jan 2023SEK 36.6bSEK 25.2bSEK 1.2b15.7x29.4x1.5x
Thu, 29 Dec 2022SEK 34.3bSEK 25.1bSEK 1.3b14.6x27x1.4x
Sat, 26 Nov 2022SEK 35.9bSEK 25.3bSEK 1.3b15.2x27.6x1.4x
Mon, 24 Oct 2022SEK 31.8bSEK 23.3bSEK 1.3b14.3x25.1x1.4x
Wed, 21 Sep 2022SEK 33.0bSEK 23.3bSEK 1.3b14.1x26.1x1.4x
Fri, 19 Aug 2022SEK 43.7bSEK 23.2bSEK 1.3b15.8x33.7x1.9x
Sun, 17 Jul 2022SEK 41.3bSEK 23.0bSEK 1.3b15.5x31x1.8x
Tue, 14 Jun 2022SEK 36.6bSEK 21.5bSEK 1.1b16.7x32x1.7x
Price to Earnings Ratio

32x


Total Market Cap: SEK 36.6bTotal Earnings: SEK 1.1bTotal Revenue: SEK 21.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish IT Industry Price to Earnings3Y Average 34.2x202320242025
Current Industry PE
  • Investors are pessimistic on the Swedish IT 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 23.9x which is lower than its 3-year average PE of 34.2x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market1.21%
Tech1.83%
IT0.78%
Internet Services and Infrastructure9.36%
IT Consulting0.49%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 30.4x.
    • Analysts are expecting annual earnings growth of 18.0%, which is higher than its past year's earnings decline of 7.3% per year.
  • Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 7.3% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 18% 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
INFRA InfraCom GroupSEK 24.4014.0%
+SEK 104.2m		n/aPE9.7x
PREV B PrevasSEK 95.903.5%
+SEK 41.2m		-29.7%PE15.2x
NTEK B NovotekSEK 86.803.8%
+SEK 33.9m		25.8%PE12.2x
SOLIDX SolidxSEK 2.8847.7%
+SEK 33.4m		-25.8%PS0.7x
SAFETY B mySafety GroupSEK 20.358.5%
+SEK 33.3m		204.6%PS1.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

PACT

SEK 118.60

Proact IT Group

7D

1.0%

1Y

-22.3%

SAFETY B

SEK 20.35

mySafety Group

7D

8.5%

1Y

204.6%

FRAM B

SEK 5.90

Fram Skandinavien

7D

-11.9%

1Y

-76.2%

ANOD B

SEK 102.20

Addnode Group

7D

-0.6%

1Y

-14.7%

SOLIDX

SEK 2.88

Solidx

7D

47.7%

1Y

-25.8%

CYB1

€0.0032

Cyber Security 1

7D

-20.0%

1Y

-80.0%

Cyber Security 1 AB (publ) (STO:CYB1) Stock Rockets 29% But Many Are Still Ignoring The Company

May 27
Cyber Security 1 AB (publ) (STO:CYB1) Stock Rockets 29% But Many Are Still Ignoring The Company

CAG

SEK 111.00

CAG Group

7D

-0.9%

1Y

4.2%

GENI

SEK 58.20

Generic Sweden

7D

-1.4%

1Y

19.0%

PREV B

SEK 95.90

Prevas

7D

3.5%

1Y

-29.7%

TRIONA

SEK 46.00

Triona

7D

-1.3%

1Y

-2.1%

Triona AB's (NGM:TRIONA) Subdued P/S Might Signal An Opportunity

May 15
Triona AB's (NGM:TRIONA) Subdued P/S Might Signal An Opportunity

CX

SEK 42.40

CombinedX

7D

2.4%

1Y

-11.1%

INFRA

SEK 24.40

InfraCom Group

7D

14.0%

1Y

n/a

InfraCom Group (NGM:INFRA) Has Announced That It Will Be Increasing Its Dividend To SEK0.60

May 11
InfraCom Group (NGM:INFRA) Has Announced That It Will Be Increasing Its Dividend To SEK0.60

NTEK B

SEK 86.80

Novotek

7D

3.8%

1Y

25.8%

ENEA

SEK 66.10

Enea

7D

-1.5%

1Y

-15.9%

Earnings Miss: Enea AB (publ) Missed EPS And Analysts Are Revising Their Forecasts

Apr 27
Earnings Miss: Enea AB (publ) Missed EPS And Analysts Are Revising Their Forecasts

EXS

SEK 120.00

Exsitec Holding

7D

1.3%

1Y

-29.8%

BINERO

SEK 2.30

Binero Group

7D

-0.9%

1Y

-35.8%

Binero Group's (STO:BINERO) Solid Profits Have Weak Fundamentals

Feb 28
Binero Group's (STO:BINERO) Solid Profits Have Weak Fundamentals