Why Investors Shouldn't Be Surprised By Sivers Semiconductors AB (publ)'s (STO:SIVE) P/S
Oct 30
Swedish (OMX) Semiconductors Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies8
- 7D-6.4%
- 3M-18.4%
- 1Y-48.9%
- YTD-45.5%
Over the last 7 days, the Semiconductors industry has dropped 6.4%, driven by Sivers Semiconductors declining 7.5%. The industry has fallen 49% in the last year. As for the next few years, earnings are expected to grow by 97% per annum.
Industry Valuation and Performance
Has the Swedish Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | kr1.9b | kr503.6m | -kr352,010,164.00 | n/a | -5.5x | 3.8x |
| Wed, 01 Nov 2023 | kr1.9b | kr446.0m | -kr354,627,164.00 | n/a | -5.3x | 4.2x |
| Fri, 29 Sep 2023 | kr1.9b | kr410.8m | -kr358,898,164.00 | n/a | -5.4x | 4.7x |
| Sun, 27 Aug 2023 | kr2.1b | kr406.5m | -kr355,971,164.00 | n/a | -6x | 5.2x |
| Tue, 25 Jul 2023 | kr2.3b | kr400.0m | -kr383,818,164.00 | n/a | -5.9x | 5.7x |
| Thu, 22 Jun 2023 | kr2.5b | kr461.5m | -kr393,671,164.00 | n/a | -6.4x | 5.4x |
| Sat, 20 May 2023 | kr2.3b | kr392.2m | -kr212,837,285.00 | n/a | -10.6x | 5.8x |
| Mon, 17 Apr 2023 | kr2.8b | kr409.7m | -kr276,217,121.00 | n/a | -10.1x | 6.8x |
| Wed, 15 Mar 2023 | kr3.2b | kr408.6m | -kr275,563,121.00 | n/a | -11.5x | 7.7x |
| Fri, 10 Feb 2023 | kr3.0b | kr409.7m | -kr252,713,102.00 | 120.5x | -12x | 7.4x |
| Sun, 08 Jan 2023 | kr2.7b | kr386.5m | -kr315,974,102.00 | 128.4x | -8.4x | 6.9x |
| Tue, 06 Dec 2022 | kr3.2b | kr497.5m | -kr332,989,981.00 | 110.7x | -9.7x | 6.5x |
| Thu, 03 Nov 2022 | kr2.8b | kr438.4m | -kr298,459,981.00 | 205.8x | -9.4x | 6.4x |
| Sat, 01 Oct 2022 | kr2.9b | kr426.2m | -kr300,211,981.00 | 235.5x | -9.6x | 6.8x |
| Mon, 29 Aug 2022 | kr3.4b | kr415.8m | -kr283,046,981.00 | 273.2x | -11.9x | 8.1x |
| Wed, 27 Jul 2022 | kr3.4b | kr412.2m | -kr282,142,981.00 | 49.3x | -12x | 8.2x |
| Fri, 24 Jun 2022 | kr3.5b | kr401.3m | -kr250,133,981.00 | 58x | -14x | 8.8x |
| Sun, 22 May 2022 | kr3.7b | kr484.3m | -kr249,113,981.00 | 46.7x | -14.7x | 7.6x |
| Tue, 19 Apr 2022 | kr3.5b | kr363.7m | -kr335,750,636.00 | 25.2x | -10.5x | 9.7x |
| Thu, 17 Mar 2022 | kr3.3b | kr5.1b | -kr5,181,804,000.00 | 23.6x | -0.6x | 0.7x |
| Sat, 12 Feb 2022 | kr4.2b | kr354.4m | -kr300,450,589.00 | n/a | -14.1x | 11.9x |
| Mon, 10 Jan 2022 | kr5.1b | kr354.4m | -kr300,450,589.00 | n/a | -16.9x | 14.3x |
| Wed, 08 Dec 2021 | kr4.8b | kr350.8m | -kr302,354,589.00 | n/a | -15.8x | 13.7x |
| Fri, 05 Nov 2021 | kr5.5b | kr354.1m | -kr400,741,036.00 | n/a | -13.8x | 15.6x |
| Sun, 03 Oct 2021 | kr5.5b | kr287.3m | -kr416,926,589.00 | n/a | -13.1x | 19.1x |
| Tue, 31 Aug 2021 | kr5.5b | kr286.2m | -kr416,196,589.00 | n/a | -13.2x | 19.2x |
| Wed, 07 Jul 2021 | kr5.7b | kr286.2m | -kr416,196,589.00 | n/a | -13.7x | 19.9x |
| Sat, 10 Apr 2021 | kr5.4b | kr300.1m | -kr388,159,000.00 | n/a | -13.8x | 17.9x |
| Fri, 01 Jan 2021 | kr5.7b | kr337.2m | -kr342,253,589.00 | n/a | -16.6x | 16.8x |
Price to Earnings Ratio
-13.7x
Current Industry PE
- Investors are pessimistic on the Swedish Semiconductor industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 10.7x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- Losses for companies in the Semiconductor industry have mostly stayed the same over the last three years.
- Meanwhile revenues for these companies have grown 15% 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 and as a result, losses haven't seen much improvement.
Industry Trends
Which industries have driven the changes within the Swedish Tech industry?
| SE Market | 0.70% | |
| Tech | 0.76% | |
| Semiconductors | -6.40% | |
| Semiconductor Equipment | -4.47% | |
| Semiconductors | -7.01% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 104% over the next 5 years.
- In contrast, the Semiconductor Equipment 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BEAMMW B BeammWave | kr8.34 | 3.2% +kr3.7m | -33.3% | PS7.1x |