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Swedish (OMX) IT Consulting Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies24
  • 7D-3.7%
  • 3M-9.7%
  • 1Y15.6%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 3.7%, driven by Addnode Group declining 4.1%. In contrast, Generic Sweden has gained 7.0%. Over the past 12 months, the industry was up 17%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024SEK 31.4bSEK 29.7bSEK 1.4b15x22.6x1.1x
Sat, 19 Oct 2024SEK 33.9bSEK 29.7bSEK 1.3b16.6x25.7x1.1x
Mon, 16 Sep 2024SEK 34.9bSEK 29.7bSEK 1.3b17.9x26.3x1.2x
Wed, 14 Aug 2024SEK 33.7bSEK 29.5bSEK 1.3b20.8x25.6x1.1x
Fri, 12 Jul 2024SEK 38.5bSEK 28.9bSEK 661.0m19.8x58.2x1.3x
Sun, 09 Jun 2024SEK 36.9bSEK 28.9bSEK 662.1m19.6x55.7x1.3x
Tue, 07 May 2024SEK 35.2bSEK 29.3bSEK 935.7m16.5x37.7x1.2x
Thu, 04 Apr 2024SEK 34.9bSEK 29.2bSEK 985.5m16.7x35.4x1.2x
Sat, 02 Mar 2024SEK 33.8bSEK 29.2bSEK 972.2m14.8x34.8x1.2x
Mon, 29 Jan 2024SEK 30.6bSEK 29.6bSEK 690.9m15.2x44.3x1x
Wed, 27 Dec 2023SEK 29.5bSEK 29.6bSEK 692.7m15.7x42.6x1x
Fri, 24 Nov 2023SEK 27.5bSEK 29.5bSEK 669.5m14.2x41.1x0.9x
Sun, 22 Oct 2023SEK 23.7bSEK 29.3bSEK 757.2m12.9x31.3x0.8x
Tue, 19 Sep 2023SEK 24.5bSEK 29.3bSEK 746.6m13.7x32.9x0.8x
Thu, 17 Aug 2023SEK 27.4bSEK 29.0bSEK 736.8m14.4x37.1x0.9x
Sat, 15 Jul 2023SEK 28.5bSEK 28.9bSEK 1.5b13x19x1x
Mon, 12 Jun 2023SEK 35.4bSEK 28.4bSEK 1.5b13.6x23x1.2x
Wed, 10 May 2023SEK 36.7bSEK 28.2bSEK 1.5b15.2x24x1.3x
Fri, 07 Apr 2023SEK 38.8bSEK 26.3bSEK 1.5b16.6x26.1x1.5x
Sun, 05 Mar 2023SEK 39.1bSEK 26.3bSEK 1.5b16.6x25.9x1.5x
Tue, 31 Jan 2023SEK 35.0bSEK 24.5bSEK 1.4b15.5x25.6x1.4x
Thu, 29 Dec 2022SEK 33.0bSEK 24.4bSEK 1.4b14.2x23.7x1.3x
Sat, 26 Nov 2022SEK 34.2bSEK 24.3bSEK 1.4b14.9x24x1.4x
Mon, 24 Oct 2022SEK 30.2bSEK 22.4bSEK 1.4b14x21.4x1.4x
Wed, 21 Sep 2022SEK 31.5bSEK 22.4bSEK 1.4b13.9x22.3x1.4x
Fri, 19 Aug 2022SEK 42.2bSEK 22.3bSEK 1.4b15.6x29.7x1.9x
Sun, 17 Jul 2022SEK 39.9bSEK 22.1bSEK 1.5b15.8x27.3x1.8x
Tue, 14 Jun 2022SEK 35.1bSEK 20.7bSEK 1.3b16.9x27.7x1.7x
Thu, 12 May 2022SEK 35.8bSEK 20.6bSEK 1.3b16.4x28.3x1.7x
Sat, 09 Apr 2022SEK 42.1bSEK 32.4bSEK 1.3b20.5x33.6x1.3x
Mon, 07 Mar 2022SEK 37.3bSEK 32.4bSEK 1.3b18.7x29.8x1.2x
Wed, 02 Feb 2022SEK 42.3bSEK 30.8bSEK 1.1b23.7x39.4x1.4x
Fri, 31 Dec 2021SEK 46.9bSEK 30.8bSEK 1.1b23.9x43.6x1.5x
Sun, 28 Nov 2021SEK 42.3bSEK 30.7bSEK 1.1b22.7x39.3x1.4x
Price to Earnings Ratio

39.3x


Total Market Cap: SEK 42.3bTotal Earnings: SEK 1.1bTotal Revenue: SEK 30.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish IT Consulting Industry Price to Earnings3Y Average 31.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Swedish IT Consulting and Other Services 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 22.5x which is lower than its 3-year average PE of 32.0x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 8.9% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Swedish IT Consulting compare with similar industries?

SE Market-2.05%
Tech-2.36%
IT-3.50%
IT Consulting-3.69%
Internet Services and Infrastructure1.35%
Data Processing Services0%
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
GENI Generic SwedenSEK 47.3012.6%
+SEK 65.1m		-5.0%PE24.6x
PREV B PrevasSEK 104.202.6%
+SEK 33.5m		2.2%PE13.6x
CAG CAG GroupSEK 113.002.3%
+SEK 17.9m		18.9%PE15.7x
SAFETY B mySafety GroupSEK 6.8411.4%
+SEK 12.9m		-43.5%PE9.6x
NODE Nodebis ApplicationsSEK 12.208.9%
+SEK 6.7m		-6.9%PE11656.5x
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Latest News

ANOD B

SEK 99.35

Addnode Group

7D

-5.4%

1Y

23.5%

Addnode Group (STO:ANOD B) Hasn't Managed To Accelerate Its Returns

Nov 18
Addnode Group (STO:ANOD B) Hasn't Managed To Accelerate Its Returns

GENI

SEK 47.30

Generic Sweden

7D

12.6%

1Y

-5.0%

ENEA

SEK 97.90

Enea

7D

-1.8%

1Y

90.1%

PRCO B

SEK 23.20

Precio Fishbone

7D

0.9%

1Y

-33.3%

EXS

SEK 144.00

Exsitec Holding

7D

-5.0%

1Y

-2.4%

NODE

SEK 12.20

Nodebis Applications

7D

8.9%

1Y

-6.9%

KNOW

SEK 132.60

Knowit

7D

-4.1%

1Y

-9.1%

B3

SEK 72.70

B3 Consulting Group

7D

-5.7%

1Y

-17.0%

PREV B

SEK 104.20

Prevas

7D

2.6%

1Y

2.2%

SOF B

SEK 24.00

Softronic

7D

-2.8%

1Y

40.4%

Shareholders Will Be Pleased With The Quality of Softronic's (STO:SOF B) Earnings

Nov 02
Shareholders Will Be Pleased With The Quality of Softronic's (STO:SOF B) Earnings

PACT

SEK 128.20

Proact IT Group

7D

-4.5%

1Y

50.6%

Why Proact IT Group's (STO:PACT) Earnings Are Better Than They Seem

Nov 02
Why Proact IT Group's (STO:PACT) Earnings Are Better Than They Seem

CX

SEK 32.00

CombinedX

7D

-3.0%

1Y

-7.2%

CAG

SEK 113.00

CAG Group

7D

2.3%

1Y

18.9%

CAG Group's (STO:CAG) Conservative Accounting Might Explain Soft Earnings

Oct 31
CAG Group's (STO:CAG) Conservative Accounting Might Explain Soft Earnings

SAFETY B

SEK 6.84

mySafety Group

7D

11.4%

1Y

-43.5%

mySafety Group AB's (STO:SAFETY B) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 05
mySafety Group AB's (STO:SAFETY B) Shares Leap 26% Yet They're Still Not Telling The Full Story

QLOSR B

SEK 0.15

Qlosr Group

7D

10.2%

1Y

-94.9%