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

Swedish (OMX) IT Consulting Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies19
  • 7D1.3%
  • 3M-3.7%
  • 1Y-0.7%
  • YTDn/a

In the last week, the IT Consulting industry is up 2.6%, with Addnode Group up 1.2%. In the same time, Nodebis Applications was down 5.1%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026SEK 29.7bSEK 26.0bSEK 1.2b18.8x23.8x1.1x
Fri, 12 Dec 2025SEK 29.8bSEK 26.1bSEK 1.2b18x23.9x1.1x
Sun, 09 Nov 2025SEK 29.9bSEK 26.2bSEK 1.0b16.6x29.8x1.1x
Tue, 07 Oct 2025SEK 29.5bSEK 26.9bSEK 1.1b15.6x28.1x1.1x
Thu, 04 Sep 2025SEK 31.1bSEK 26.9bSEK 1.1b14.9x29.5x1.2x
Sat, 02 Aug 2025SEK 30.9bSEK 26.8bSEK 1.3b15.3x24.2x1.2x
Mon, 30 Jun 2025SEK 32.3bSEK 28.4bSEK 1.3b15.3x24.8x1.1x
Wed, 28 May 2025SEK 31.2bSEK 28.1bSEK 993.6m16.3x31.4x1.1x
Fri, 25 Apr 2025SEK 30.8bSEK 29.2bSEK 1.1b14.6x28.2x1.1x
Sun, 23 Mar 2025SEK 32.7bSEK 29.2bSEK 1.1b15.2x30x1.1x
Tue, 18 Feb 2025SEK 34.0bSEK 29.7bSEK 1.5b15.3x23.3x1.1x
Thu, 16 Jan 2025SEK 30.6bSEK 30.0bSEK 1.3b15.3x22.9x1x
Sat, 14 Dec 2024SEK 32.6bSEK 30.0bSEK 1.3b15.5x24.3x1.1x
Mon, 11 Nov 2024SEK 32.6bSEK 29.7bSEK 1.4b15.1x23.5x1.1x
Wed, 09 Oct 2024SEK 33.5bSEK 29.7bSEK 1.3b16.8x25.3x1.1x
Fri, 06 Sep 2024SEK 33.9bSEK 29.7bSEK 1.3b18.5x25.6x1.1x
Sun, 04 Aug 2024SEK 34.0bSEK 29.5bSEK 1.3b19.7x25.8x1.2x
Tue, 02 Jul 2024SEK 37.3bSEK 28.9bSEK 661.0m19.7x56.4x1.3x
Thu, 30 May 2024SEK 37.4bSEK 29.3bSEK 939.4m18.7x39.9x1.3x
Sat, 27 Apr 2024SEK 34.2bSEK 29.5bSEK 979.0m15.8x34.9x1.2x
Mon, 25 Mar 2024SEK 34.1bSEK 29.2bSEK 985.5m16.7x34.6x1.2x
Wed, 21 Feb 2024SEK 33.5bSEK 29.8bSEK 757.1m16.8x44.2x1.1x
Fri, 19 Jan 2024SEK 28.8bSEK 29.6bSEK 690.9m15.1x41.6x1x
Sun, 17 Dec 2023SEK 29.0bSEK 29.6bSEK 692.7m15.8x41.8x1x
Tue, 14 Nov 2023SEK 26.5bSEK 29.5bSEK 670.4m14.7x39.5x0.9x
Thu, 12 Oct 2023SEK 24.9bSEK 29.3bSEK 746.3m13.5x33.3x0.8x
Sat, 09 Sep 2023SEK 25.4bSEK 29.3bSEK 747.4m14.1x34x0.9x
Mon, 07 Aug 2023SEK 27.5bSEK 29.0bSEK 736.1m14.5x37.3x0.9x
Wed, 05 Jul 2023SEK 29.0bSEK 28.7bSEK 1.5b14x18.7x1x
Fri, 02 Jun 2023SEK 34.6bSEK 28.4bSEK 1.5b13.4x22.5x1.2x
Sun, 30 Apr 2023SEK 40.1bSEK 27.8bSEK 1.6b15.8x25.8x1.4x
Tue, 28 Mar 2023SEK 37.8bSEK 26.3bSEK 1.5b15.5x25.4x1.4x
Thu, 23 Feb 2023SEK 37.8bSEK 26.1bSEK 1.5b16.7x25.6x1.4x
Sat, 21 Jan 2023SEK 35.3bSEK 24.5bSEK 1.4b15.3x25.8x1.4x
Price to Earnings Ratio

25.8x


Total Market Cap: SEK 35.3bTotal Earnings: SEK 1.4bTotal Revenue: SEK 24.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish IT Consulting Industry Price to Earnings3Y Average 30.4x202420252026
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 24.1x which is lower than its 3-year average PE of 30.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have declined 3.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% per year.
  • This means that although more sales are being generated, 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 Market2.43%
Tech-0.43%
IT1.20%
IT Consulting1.25%
Data Processing Services0%0
Internet Services and Infrastructure-0.21%
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
KNOW KnowitSEK 120.202.7%
+SEK 87.4m		-9.5%PE33.7x
ANOD B Addnode GroupSEK 93.700.6%
+SEK 81.3m		2.5%PE33.6x
PACT Proact IT GroupSEK 114.202.0%
+SEK 57.4m		2.9%PE18.8x
WPTG B White Pearl Technology GroupSEK 17.0511.4%
+SEK 51.8m		142.9%PE6.7x
ENEA EneaSEK 80.402.7%
+SEK 40.1m		-19.3%PE15.1x

Latest News

TPGR
SEK 2.12
Time People Group
7D
-31.2%
1Y
-76.4%

Time People Group AB (publ) (NGM:TPGR) Shares Fly 32% But Investors Aren't Buying For Growth

Jan 13
Time People Group AB (publ) (NGM:TPGR) Shares Fly 32% But Investors Aren't Buying For Growth
WPTG B
SEK 17.05
White Pearl Technology Group
7D
11.4%
1Y
142.9%
ENEA
SEK 80.40
Enea
7D
2.7%
1Y
-19.3%

ENEA: Telecom Security Contracts And Buybacks Will Support Balanced Long Term Outlook

Analysts have nudged their price target for Enea slightly higher to reflect a modestly lower discount rate and a small adjustment to the assumed future P/E multiple, while keeping fair value unchanged at €80.00. What's in the News Enea secured a US$3.7 million contract with a government customer in Northern Africa to provide Traffic Management and Traffic Intelligence solutions.
ANOD B
SEK 93.70
Addnode Group
7D
0.6%
1Y
2.5%

ANOD B: Ongoing Acquisition Pipeline Will Drive Future Upside Potential

Analysts have nudged their price target on Addnode Group slightly higher to SEK131.0, a modest adjustment that reflects fine tuning of assumptions such as a marginally lower discount rate, stable revenue growth and profit margin expectations, and a similar forward P/E profile. What's in the News Addnode Group AB (publ) is actively looking for acquisitions, with management indicating that additional deals remain on the agenda even after a recently described large acquisition (Key Developments).
KNOW
SEK 120.20
Knowit
7D
2.7%
1Y
-9.5%

KNOW: New Long Term Nordic Tech Contracts Will Support Future Upside

Analysts have reduced their fair value estimate for Knowit from SEK195.00 to SEK155.00, mainly reflecting more cautious assumptions for revenue growth and profit margins, as well as a higher future P/E multiple. What's in the News Knowit signed a new three year agreement with Equinor to further develop and operate Equinor's Distributed Fiber Optic Sensing platform, including software development, system integration, and technology advisory services (Key Developments).
TRIONA
SEK 39.20
Triona
7D
-1.5%
1Y
-21.6%

Triona AB's (NGM:TRIONA) Share Price Not Quite Adding Up

Jan 08
Triona AB's (NGM:TRIONA) Share Price Not Quite Adding Up
CYB1
€0.0022
Cyber Security 1
7D
-21.4%
1Y
-73.8%

Cyber Security 1 AB (publ)'s (STO:CYB1) Shares Bounce 43% But Its Business Still Trails The Industry

Nov 28
Cyber Security 1 AB (publ)'s (STO:CYB1) Shares Bounce 43% But Its Business Still Trails The Industry
CX
SEK 36.00
CombinedX
7D
-2.2%
1Y
5.9%
PREV B
SEK 98.00
Prevas
7D
2.9%
1Y
-9.4%

Market Might Still Lack Some Conviction On Prevas AB (STO:PREV B) Even After 27% Share Price Boost

Nov 14
Market Might Still Lack Some Conviction On Prevas AB (STO:PREV B) Even After 27% Share Price Boost
SOLIDX
SEK 3.00
Solidx
7D
57.9%
1Y
-2.9%
NODE
SEK 22.40
Nodebis Applications
7D
-4.3%
1Y
135.8%

What You Can Learn From Nodebis Applications AB (publ)'s (NGM:NODE) P/S

Nov 10
What You Can Learn From Nodebis Applications AB (publ)'s (NGM:NODE) P/S
NTEK B
SEK 84.80
Novotek
7D
3.9%
1Y
20.1%
EXALT
SEK 0.36
Exalt
7D
-10.9%
1Y
-16.7%
EXS
SEK 148.50
Exsitec Holding
7D
-3.6%
1Y
14.2%

Earnings Beat: Exsitec Holding AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Oct 28
Earnings Beat: Exsitec Holding AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
PACT
SEK 114.20
Proact IT Group
7D
2.0%
1Y
2.9%
AIXIA B
SEK 148.50
Aixia Group
7D
-1.3%
1Y
-5.4%