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Swedish (OMX) IT Consulting Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies27
- 7D-1.2%
- 3M-29.2%
- 1Y-20.6%
- YTD-28.6%
In the last week, IT Consulting has been flat. Unfortunately though, the industry is down 20% over the past 12 months. Looking forward, earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Swedish IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | kr24.0b | kr29.3b | kr746.6m | 13.6x | 32.2x | 0.8x |
| Fri, 25 Aug 2023 | kr26.2b | kr29.2b | kr744.2m | 14.1x | 35.2x | 0.9x |
| Sun, 23 Jul 2023 | kr27.3b | kr29.0b | kr736.1m | 14.3x | 37x | 0.9x |
| Tue, 20 Jun 2023 | kr35.6b | kr28.4b | kr1.5b | 13.7x | 23.1x | 1.3x |
| Thu, 18 May 2023 | kr36.7b | kr28.3b | kr1.5b | 14.7x | 24x | 1.3x |
| Sat, 15 Apr 2023 | kr40.7b | kr26.9b | kr1.5b | 16.8x | 26.6x | 1.5x |
| Mon, 13 Mar 2023 | kr38.3b | kr26.3b | kr1.5b | 15.9x | 25.7x | 1.5x |
| Wed, 08 Feb 2023 | kr37.7b | kr25.1b | kr1.4b | 15.9x | 27.7x | 1.5x |
| Fri, 06 Jan 2023 | kr33.7b | kr24.4b | kr1.4b | 14.4x | 24.2x | 1.4x |
| Sun, 04 Dec 2022 | kr35.1b | kr24.2b | kr1.4b | 15.2x | 24.8x | 1.5x |
| Tue, 01 Nov 2022 | kr33.0b | kr23.8b | kr1.4b | 14.4x | 22.8x | 1.4x |
| Thu, 29 Sep 2022 | kr29.3b | kr22.4b | kr1.4b | 13.2x | 20.7x | 1.3x |
| Sat, 27 Aug 2022 | kr40.5b | kr22.4b | kr1.4b | 15.7x | 28.6x | 1.8x |
| Mon, 25 Jul 2022 | kr41.8b | kr22.3b | kr1.4b | 15.6x | 29.3x | 1.9x |
| Wed, 22 Jun 2022 | kr40.4b | kr20.7b | kr1.3b | 16.5x | 31.8x | 2x |
| Fri, 20 May 2022 | kr37.1b | kr20.6b | kr1.3b | 17.1x | 29.3x | 1.8x |
| Sun, 17 Apr 2022 | kr41.1b | kr32.4b | kr1.3b | 20.7x | 32.9x | 1.3x |
| Tue, 15 Mar 2022 | kr37.9b | kr32.4b | kr1.3b | 19.7x | 30.3x | 1.2x |
| Thu, 10 Feb 2022 | kr41.7b | kr31.7b | kr1.2b | 22.4x | 35x | 1.3x |
| Sat, 08 Jan 2022 | kr45.5b | kr30.8b | kr1.1b | 24.7x | 42.2x | 1.5x |
| Mon, 06 Dec 2021 | kr42.3b | kr30.8b | kr1.1b | 22.6x | 39.3x | 1.4x |
| Wed, 03 Nov 2021 | kr41.4b | kr30.4b | kr1.1b | 23.1x | 37.9x | 1.4x |
| Fri, 01 Oct 2021 | kr40.5b | kr29.6b | kr1.1b | 23.4x | 37.9x | 1.4x |
| Sun, 29 Aug 2021 | kr41.9b | kr29.6b | kr1.1b | 23.6x | 39.2x | 1.4x |
| Mon, 05 Jul 2021 | kr34.8b | kr29.6b | kr1.1b | 23x | 32.7x | 1.2x |
| Thu, 08 Apr 2021 | kr31.1b | kr28.8b | kr1.0b | 23.3x | 29.8x | 1.1x |
| Sun, 10 Jan 2021 | kr29.5b | kr29.0b | kr980.4m | 24x | 30.1x | 1x |
| Sat, 03 Oct 2020 | kr24.5b | kr29.4b | kr951.4m | 21.7x | 25.8x | 0.8x |
Price to Earnings Ratio
25.8x
Current Industry PE
- Investors are relatively neutral on the Swedish IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 30.3x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have declined 7.8% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Swedish IT Consulting compare with similar industries?
| SE Market | -2.15% | |
| Tech | -2.90% | |
| IT | -1.25% | |
| IT Consulting | -1.24% | |
| Data Processing Services | 0% | |
| Internet Services and Infrastructure | -1.33% | |
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 | |
|---|---|---|---|---|---|
| KNOW Knowit | kr128.60 | 3.0% +kr104.2m | -42.4% | PE13.8x | |
| ENEA Enea | kr43.50 | 12.5% +kr102.2m | -39.5% | PS1x | |
| PACT Proact IT Group | kr70.90 | 0.4% +kr8.2m | -8.5% | PE11.8x | |
| SOF B Softronic | kr14.52 | 1.0% +kr7.4m | -31.7% | PE12.3x | |
| PREV B Prevas | kr93.60 | 0.4% +kr5.1m | 3.1% | PE9.5x |
