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Swedish (OMX) IT Consulting Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies25
  • 7D-1.5%
  • 3M-7.5%
  • 1Y9.8%
  • YTDn/a

Over the last 7 days, the IT Consulting industry has dropped 1.9%, driven by Proact IT Group declining 11%. Meanwhile, Novotek actually outperformed within the industry, gaining 8.0% in the last week. This takes the industry's 12 month performance to a gain of 11%. 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
Sun, 22 Dec 2024SEK 32.1bSEK 30.0bSEK 1.3b15.4x24x1.1x
Tue, 19 Nov 2024SEK 31.4bSEK 29.7bSEK 1.4b15.1x22.6x1.1x
Thu, 17 Oct 2024SEK 33.6bSEK 29.7bSEK 1.3b16.8x25.4x1.1x
Sat, 14 Sep 2024SEK 34.9bSEK 29.7bSEK 1.3b17.9x26.3x1.2x
Mon, 12 Aug 2024SEK 33.5bSEK 29.5bSEK 1.3b19.7x25.5x1.1x
Wed, 10 Jul 2024SEK 38.2bSEK 28.9bSEK 661.0m19.6x57.8x1.3x
Fri, 07 Jun 2024SEK 36.5bSEK 28.9bSEK 662.4m19.5x55.1x1.3x
Sun, 05 May 2024SEK 34.7bSEK 29.3bSEK 935.7m16.5x37x1.2x
Tue, 02 Apr 2024SEK 34.9bSEK 29.2bSEK 985.5m16.7x35.5x1.2x
Thu, 29 Feb 2024SEK 33.4bSEK 29.2bSEK 974.5m14.7x34.2x1.1x
Sat, 27 Jan 2024SEK 30.6bSEK 29.6bSEK 690.9m15.2x44.3x1x
Mon, 25 Dec 2023SEK 29.5bSEK 29.6bSEK 692.7m15.7x42.6x1x
Wed, 22 Nov 2023SEK 27.3bSEK 29.5bSEK 668.7m14.2x40.8x0.9x
Fri, 20 Oct 2023SEK 23.8bSEK 29.3bSEK 745.2m13.1x32x0.8x
Sun, 17 Sep 2023SEK 24.9bSEK 29.3bSEK 746.6m14x33.4x0.9x
Tue, 15 Aug 2023SEK 27.5bSEK 29.0bSEK 736.7m14.5x37.4x0.9x
Thu, 13 Jul 2023SEK 28.3bSEK 28.8bSEK 1.6b12.9x18.2x1x
Sat, 10 Jun 2023SEK 35.4bSEK 28.4bSEK 1.5b13.6x23x1.2x
Mon, 08 May 2023SEK 38.4bSEK 28.2bSEK 1.5b15.2x25.1x1.4x
Wed, 05 Apr 2023SEK 39.2bSEK 26.3bSEK 1.5b16.5x26.3x1.5x
Fri, 03 Mar 2023SEK 39.0bSEK 26.3bSEK 1.5b16.4x25.8x1.5x
Sun, 29 Jan 2023SEK 35.3bSEK 24.5bSEK 1.4b15.6x25.9x1.4x
Tue, 27 Dec 2022SEK 33.3bSEK 24.4bSEK 1.4b14.4x23.9x1.4x
Thu, 24 Nov 2022SEK 34.4bSEK 24.3bSEK 1.4b15x24.2x1.4x
Sat, 22 Oct 2022SEK 30.2bSEK 22.4bSEK 1.4b14x21.4x1.4x
Mon, 19 Sep 2022SEK 33.3bSEK 22.4bSEK 1.4b14.2x23.5x1.5x
Wed, 17 Aug 2022SEK 42.7bSEK 22.3bSEK 1.4b16x30.1x1.9x
Fri, 15 Jul 2022SEK 40.3bSEK 20.7bSEK 1.3b16.5x31.7x1.9x
Sun, 12 Jun 2022SEK 36.3bSEK 20.7bSEK 1.3b17.5x28.6x1.8x
Tue, 10 May 2022SEK 36.5bSEK 34.6bSEK 1.4b17.3x26.5x1.1x
Thu, 07 Apr 2022SEK 41.5bSEK 32.4bSEK 1.3b20.1x33.1x1.3x
Sat, 05 Mar 2022SEK 37.3bSEK 32.4bSEK 1.2b18.8x29.9x1.2x
Mon, 31 Jan 2022SEK 40.1bSEK 30.8bSEK 1.1b22.3x37.4x1.3x
Wed, 29 Dec 2021SEK 46.0bSEK 30.8bSEK 1.1b23.5x42.7x1.5x
Price to Earnings Ratio

42.7x


Total Market Cap: SEK 46.0bTotal Earnings: SEK 1.1bTotal Revenue: SEK 30.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish IT Consulting Industry Price to Earnings3Y Average 31.5x202220232024
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 24.2x which is lower than its 3-year average PE of 31.5x.
  • 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 7.5% 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-2.70%
Tech-1.73%
IT-1.64%
IT Consulting-1.54%
Data Processing Services0%
Internet Services and Infrastructure-4.34%
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
NTEK B NovotekSEK 72.806.1%
+SEK 44.5m		48.6%PE16.5x
ANOD B Addnode GroupSEK 103.000.3%
+SEK 40.0m		21.9%PE36.4x
EXS Exsitec HoldingSEK 138.001.1%
+SEK 20.1m		-10.7%PE24.9x
PREV B PrevasSEK 114.001.2%
+SEK 18.0m		-5.9%PE14.9x
AIXIA B Aixia GroupSEK 134.004.7%
+SEK 9.5m		52.3%PE14.8x
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Latest News

PACT

SEK 119.60

Proact IT Group

7D

-9.9%

1Y

28.1%

EXS

SEK 138.00

Exsitec Holding

7D

1.1%

1Y

-10.7%

SOLIDX

SEK 2.20

Solidx

7D

-13.0%

1Y

-56.9%

CYB1

€0.007

Cyber Security 1

7D

2.9%

1Y

-40.7%

ANOD B

SEK 103.00

Addnode Group

7D

0.3%

1Y

21.9%

Here's Why We Think Addnode Group (STO:ANOD B) Might Deserve Your Attention Today

Dec 05
Here's Why We Think Addnode Group (STO:ANOD B) Might Deserve Your Attention Today

KNOW

SEK 140.00

Knowit

7D

-3.3%

1Y

-9.2%

PREV B

SEK 114.00

Prevas

7D

1.2%

1Y

-5.9%

CX

SEK 31.20

CombinedX

7D

-2.8%

1Y

-8.2%

SAFETY B

SEK 6.84

mySafety Group

7D

-6.0%

1Y

-39.2%

ENEA

SEK 99.10

Enea

7D

-3.8%

1Y

73.9%

PRCO B

SEK 21.80

Precio Fishbone

7D

-3.5%

1Y

-40.8%

NTEK B

SEK 72.80

Novotek

7D

6.1%

1Y

48.6%

Novotek AB's (STO:NTEK B) Low P/E No Reason For Excitement

Nov 12
Novotek AB's (STO:NTEK B) Low P/E No Reason For Excitement

EXALT

SEK 0.48

Exalt

7D

7.7%

1Y

4.4%

NODE

SEK 10.20

Nodebis Applications

7D

-11.3%

1Y

-20.9%

DIAH

SEK 6.60

Diadrom Holding

7D

1.9%

1Y

-38.6%

AIXIA B

SEK 134.00

Aixia Group

7D

4.7%

1Y

52.3%